The new Renters’ Rights Act will fundamentally change the lettings landscape for the entire PRS sector, but the changes will be particularly felt by student landlords.

With the loss of periodic tenancies, the removal of Section 21, the abolition of advance rent and no student possession grounds for 1-2 bed properties, many student landlords will find it increasingly complex and costly to operate in the market.

DASH caught up with Irving Hill who is the CEO of Sulets to hear about a possible solution to help Landlords during this time.

Sulets is a not-for-profit specialist student lettings operation based in Leicester operating for over 13 years and rent approximately 2300 rooms to students at the two Leicester Universities. Sulets are a ‘specified institution’ under the Housing Act 1988 which means that they have a special status in law, like a university does. Sulets lease high quality properties direct from landlords and then sub rent them to students. Their special status means that these tenancies fall outside the Housing Act and the Renters’ Rights Act which means we can offer landlords:

·         A guaranteed fixed term lease with Sulets.

·         Guaranteed rent, paid direct from Sulets.

·         All lettings and management arranged by Sulets

·         Guaranteed return of your property at the end of the agreement.

·         A competitive rent with no fees or VAT.

This is a new model of working for Student landlords so if you would like to find our more about the Sulets Leased Service here - www.sulets.com/landlords-area/leased-service 

or contact them directly for more information:

Website – www.sulets.com

Phone number: 0116 467 0315

Email: enquiries@sulets.com