Students like new tenancy freedoms - but landlords warn of higher rents
The Renters' Rights Act in England has ended fixed-term tenancies, allowing students to leave rental contracts with two months' notice. While students appreciate the newfound flexibility, landlords have expressed concerns that this shift could lead to increased rental costs.
Why it matters
This legislative change significantly alters the dynamics of the student housing market, balancing tenant mobility against landlord financial stability.
Image source, Eddie Lever Image caption, Eddie Lever was able to leave his tenancy more easily because of the Renters' Rights Act
When the Renters' Rights Act came into force in May it was described as the biggest change for tenants in England in a generation, giving more stability and security to the millions of people who rent from private landlords.
The legislation has also prompted a shake-up of the student rental market, which has posed challenges for landlords as it allows people to leave a tenancy rather than being tied in for the full academic year.
Eddie Lever had finished his first year at the University of Exeter when he decided the course wasn't for him.
The 20-year-old wanted to switch to studying international relations at the University of York but had already organised his house for the upcoming year.
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