Following yet another year of regulatory change, a seminal ‘State of the Lettings Industry’ report is set to reveal how agents, landlords and tenants feel about the current status of lettings and its future.
The Goodlord and Vouch ‘State of the Lettings Industry’ report – said to be the most comprehensive analysis of its kind – is calling on sector stakeholders to contribute their voices to the findings, including their reactions to the recently revealed white paper on proposed rental reforms.
Property technology company Goodlord is partnering with referencing provider Vouch to provide the sector with what it hopes will be an in-depth analysis of the trends, progress and challenges facing the industry.
The annual report, which is due to be released in September, typically includes feedback from thousands of sector and tenant voices. This year, the teams behind the initiative are planning to further increase the number of participants and make September’s report the most in-depth to date.
Responses to this year’s survey can now be submitted – until 18th July. Lettings professionals throughout the UK, from agents to landlords, are encouraged to take part and share their views.
In addition to the proposals outlined by the government’s A Fairer Private Rented Sector white paper, lettings professionals will be asked to reflect on both the past year and the year ahead, with their insights set to reveal how arrears, stock levels, Covid-19 and an ever-changing legislative landscape are impacting business and industry confidence.
The report will also reveal findings from a concurrent survey of thousands of tenants, including the impact of the ongoing cost of living crisis on their incomes and their ability to pay rent.
Last year’s report – released in September 2021 – showed that almost a third of lettings professionals were still seeing increases in arrears almost 18 months into the pandemic, well before the cost of living crisis had started to bite. And despite two-thirds of lettings professionals saying they were optimistic about the future of the lettings industry, lack of stock was already a major concern in 2021, with lettings professionals believing increased legislation and compliance was the number one reason landlords were leaving the sector.
All those who take the survey will be entered in the draw to win a £100 Amazon voucher. The survey can be found by clicking here.
Comments (4)
So who is listening? Who takes any notice? It is only when there is a crises that anyone in Government are interested and then they do a Gove on it and introduce more legislation to try to counter the bad legisltaion previously introduced. i.e. stuff the AST market so landlords divert to short term/holidays lettings and then legislate on that and so on and so forth. Bye Bye Boris!
Purplebricks will kill a tenant.
Yet another report to add to all the other ones for donkeys years. How about a report on reports … that would be interesting. If the wheel is broken, why hasn’t it been fixed or is this just another all talk and with no action?
Tenants complain of the same issues year on year, landlords complain on the same issues year on year and agents complain of the same issues year on year.
A report of reports? An excellent idea!