How PlanetRent supports pet-friendly rentals
Are you a pet-friendly landlord?
PlanetRent can help generate the right tenancy agreement - fast. If not, maybe it’s something you should consider because at least 44% of us own a pet. During the pandemic there have even been reports of a puppy shortage as more and more of us decide to share our home with an animal. For the rental sector, that’s a big potential pool of tenants and one that the Government is actively encouraging landlords to dip into. In January, Housing Secretary Robert Jenrick announced the overhaul of model tenancy contracts to remove restrictions on well-behaved pets to ensure more landlords cater to pet owners wherever possible.
But despite being a national of animal lovers, there is a widespread attitude in the buy-to-let sector that pets are a problem. At the last count, only an estimated 7% of buy-to-let landlords were advertising their property as suitable for pets, making it hard for people to find a suitable home for themselves and their dog, cat or rabbit. Institutional landlords in the build-to-rent sector have a completely different attitude. All the operators we deal with at Ringley actively encourage pets–as they feel that being pet-friendly encourages tenants to stay longer and promotes community engagement.
Pet-Friendly Tenancy Agreements
With this in mind, we’ve made it really easy for landlords to generate a pet-friendly tenancy agreement via our new automated lettings platform PlanetRent. Landlords can use the platform to generate tenancy agreements in a matter of minutes, making them fast, accessible and easy to use. Of course, we understand that by being pet-friendly, landlords may be opening themselves up to bigger bills for repairs and refurbishment at the end of a tenancy. Pets, like people, can behave badly, so reference checking is vital and PlanetRent can make this quick and easy too. So why not consider taking a more pet-friendly approach to potential tenants. It could make your home easier to let and give you a much bigger pool of potential tenants to pick from. www.planetrent.co.uk Why not READ our Property Blog too: www.ringleypropertyblog.co.uk
Planetrent Properties
Under Offer: This term applies to a property where the landlord is considering an offer but remains on the market. It implies that further offers may still be considered until the landlord formally accepts or declines the current offer.
Let Agreed: This term indicates that a landlord has provisionally agreed to enter into a rental agreement with a prospective tenant, pending additional checks and referencing. It doesn't require the prospective tenant to have paid a holding deposit.
Let: This term signifies an established binding rental agreement between the landlord and tenant.
For both lettings and sales, the guidance addresses additional terms:
New On The Market: This term is used for a property not advertised since its last sale or rental. It should only be used for a brief period.
New Instruction: It applies to a property assigned to an agent for marketing recently, even if it was previously listed with another agent without being sold or rented.
New and Exclusive: This term refers to a property that is either new on the market or a new instruction, exclusively available through a specific agent or portal.
New Method of Sale/Let: This term is used when a property is being marketed for sale or rent using an alternative approach to the original advertisement, such as transitioning to an auction or sealed bid.
Reduced: This term indicates that a property's price has recently been reduced. The reduction should be genuine and comply with the Chartered Trading Standards Institute's guidelines on pricing practices.