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Tenant-power on the rise as landlords reveal willingness to cut rent

Tenant-power on the rise as landlords reveal willingness to cut rent

The power held by tenants is growing across the UK, as new research indicates 61 per cent of buy to let investors are willing to postpone rent rises or offer properties below market value in a bid to secure reliable renters.

 

Of the investors surveyed, 66 per cent of those letting out at below market rate were prepared to accept a reduction of up to £100 a month, with 16 per cent willing to sacrifice between £100 and £200 a month and six per cent even discounting rent by over £200 per month.

 

 

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