David Fell, lead analyst at Hamptons, said: “Private renting used to be the preserve of students and twenty-somethings, so long-term security wasn’t always viewed as a high priority.
“But things have changed. There are now more renters in their 30s and 40s, often with children at school, who value staying in the same home long-term.
“As part of rebalancing the relationship between landlords and tenants, the Renters’ Rights Act will give many tenants more security.
“However, the vast majority of landlords and tenants have a good relationship, and the Renters’ Rights Act won’t change this.
“But for some would-be tenants, the Renters’ Rights Act is likely to make it harder to find somewhere to live.
“Those tenants who are self-employed, coming from overseas, or have fallen behind with the rent in the past may find it harder to win over a landlord.”
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