Recent surveys in the United Kingdom reveal about one in three tenants, and about half as many landlords, are unaware of eviction requirements. Before any renter may be removed from an occupancy, two months notice is required. This is becoming a greater problem as how many households are renting continues to increase in number. The lack of awareness leaves tenants at risk for being exploited, and even well meaning landlords in danger of unknowingly violating laws meant to guide the relationship between landlord and tenant.
Key Takeaways:
- A surprising number of tenants in the United Kingdom are not aware of basic protections afforded to renters.
- About half as many landlords are not aware of legal protections for renters in the event of an eviction.
- Renters should invest some time in learning and understanding what the law says that could benefit them and their tenancy.
“Such a lack of awareness increases the risk of renters and landlords being exploited – it must be addressed and lettings agents certainly have a duty to better inform all their customers”
Read more: https://www.mortgageintroducer.com/many-tenants-landlords-unaware-laws-governing-sector/