Landlords have said they will abandon the student lets market in droves as Labour’s Renters Rights Act comes into force on Friday.
Nearly half of all landlords say they are much less likely to offer student accommodation following the new rules, research from tenant referencing company Goodlord revealed.
Student tenancies face a complete overhaul when the new Act comes into effect on 1 May.
Under the rules, all properties will now be let on ‘periodic’ or rolling tenancies, which means landlords won’t be allowed to tie tenants in for a fixed term, such as one year.
Renters can end a tenancy whenever they like, as
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