Elliot Leigh Director, Leigh Young speaks to Property Reporter about how the Renters’ Reform Bill may affect landlords using rent-to-rent schemes and how they can mitigate any risks involved.
Whilst we await further confirmation on the details, we believe that Guaranteed Rents Schemes, like Elliot Leigh, will be able to mitigate much of the risk for landlords.
For example, the move to period tenancies is unlikely to apply to fixed-term lease agreements as the lease is between the landlord and Elliot Leigh. Landlords will have their Rent Guaranteed for the agreed term, regardless of whether the tenant leaves or not.
