Rightmove is launching its autumn of training and educational content for agents on the Rightmove Hub today, designed help them get Renters’ Rights ready ahead of the Bill gaining Royal Assent within the next few days.
Kicking off the autumn of content is a webinar today from 10am to 11am, with UK property lawyer David Smith and Theresa Wallace, compliance director at Savills.
Smith and Wallace will attempt to cut through the complexity of the Renters’ Rights Bill and give agents clarity about its details. The pair will cover everything from the end of Section 21 evictions, to new rules around pets and marketing. Theresa will also share insight into how Savills is preparing, educating staff and preparing for landlord queries.
The second of this two-part series will be led by Susie Crolla, managing director of The Guild of Letting & Management and David Gibb, operations director at Dwello Properties, on 24 September, from 10:00am to 11:00am.
Crolla and Smith will outline the opportunities the Bill presents to win more landlords, strengthen trust and convert more clients to full management. Susie will cover practical process changes agents can implement, while David will share how the Scotland market has adapted since no-fault evictions were removed and periodic tenancies became mandatory in 2017.
Agents can register for the webinars here:
- Turning legislation into practice: Renters’ Rights Act decoded – 16 September from 10:00am-11:00am
- Closing the Deal: Leveraging the Renters’ Rights Act to Secure Full Management – 24 September, from 10:00am to 11:00am
It is also worth noting that Rightmove has developed a new training course for agents to help them stay compliant with bitesize videos summarising the key changes. The course will launch once the Bill receives Royal Assent and becomes law.
The course will take agents through the key changes in the Renters’ Rights Act and how they affect lettings practices, as well as how to communicate these changes to landlords and tenants.
Agents can pre-register to be alerted as soon as the course goes live on the Rightmove Hub by clicking here.
This autumn’s focus on the anticipated Renters’ Rights Act follows new insights from landlords, which highlight the challenges and frustration caused by legislation changes.
Some of the key findings include:
- One in three landlords say they are considering exiting the market at some point in the future
- Legislative changes such as new taxation and regulation (68%) topped the list of landlord frustrations which is driving some to plan on decreasing their property portfolio over the next year
- Only 43% of landlords surveyed said they felt fully aware of Renters’ Rights and prepared for the changes, while more than one in five (21%) had either low or no understanding of it
- However, landlords are aware of the cost of getting it wrong, and 92% of landlords said staying compliant with legislation is a top priority
Christian Balshen, Rightmove’s director of Agency Partnerships, said: “This panel brings together some of the lettings industry’s leading experts, reflecting the scale of change the Renters’ Rights Bill is set to bring for letting agents. I’d strongly encourage our partners to attend if they want to understand how to prepare in a way that creates the greatest positive impact for their business.”
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