'Many measures in place' to protect tenants
25th May 2012
There are plenty of measures in place to protect people moving into rental property, which should assuage any fears that potential tenants have, one expert has pointed out.
UK property expert Sue Hopson said the market is "heavily legislated" in favour of the tenant, with a "huge" amount of legislation added every year to lettings under the Housing Act.
Her comments followed the publication of a report by Arla, which showed that renting is often seen as a low-hassle, lower risk option when compared to purchasing a home, yet many people find the prospect of renting a home daunting, whatever their age or experience.
Ms Hopson said that these people do not need to worry, as there are now plenty of measures in place to safeguard them and ensure the renting experience is an enjoyable one.
"We've had tenancy deposit protection which has been in place in England and Wales for the last five years, we've just had some legislation updated again as of April 6th this year to protect tenants with regards to their deposits," she added.
She noted that this has been one of the main stumbling blocks that tenants have had in the past, but new laws and legislation have clamed their minds and made the renting more attractive.
Posted by Staff Writer: Frances McDonald
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