ARLA’s top tips for ‘generation rent’
As demand in the Private Rented Sector (PRS) continues to outstrip supply, the Association of Residential Letting Agents (ARLA) has today issued advice to anyone embarking on a first-time tenancy.
Figures from letting agents suggest that the UK’s need for rental properties continues to grow: Over half (55%) of ARLA members* reported that they had more tenants on their books than available properties to rent.
Ian Potter, operations manager at ARLA, said: “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.”
“First time tenants – young or old – should remember to keep the process as focussed and simple as possible. Keeping to some simple guidelines can help tenants navigate the process from property hunting to signing a tenancy agreement.
Taken from ARLA website: www.arla.co.uk