Property investors are apprehensive about parts of the upcoming Renters Reform Bill that will limit their ability to deny tenants the right to have pets, according to research by Leaders Romans Group (LRG).
Under the bill, tenants can ask for permission to have pets, but landlords worry about how this may affect the upkeep of their properties, tenant relations, and overall building administration.
More than half of the landlords surveyed, or 56%, foresee problems arising from how the Bill addresses pet ownership in rented homes, while a mere 9.81% believe it will have a beneficial effect.
This concern persists even though the bill requires tenants to be financially responsible for any pet-related damages or to reimburse the landlord for pet damage insurance costs.
Kim Lidbury of LRG comments, “Allowing pets in rental homes is a complex issue, and it’s important to find a good balance between tenants’ and landlords’ needs.
“Not every rental is fit for animals, especially flats in larger buildings or homes without yards. The bill’s most recent draft includes a provision requiring tenants to have insurance for pet damage or pay for the cost of it, which aims to alleviate some concerns of landlords while also benefiting tenants with pets. Still, we need more details to ensure pets are only allowed in suitable properties.
“LRG is actively working with landlords and tenants to help them adapt to the new laws. We’re using feedback from landlords to promote well-rounded policies with the goal of creating a rental market that’s fair and works well for everyone involved.”
A survey of landlords found one noting that dogs in flats can be problematic unless there’s external space, as barking is an issue. Another expressed that dogs should not be allowed more easily, pointing out they can be destructive, damage yards, and cause trouble with neighbours due to barking. Another remarks that while it might be an improvement for tenants, it poses additional restrictions for landlords trying to maintain their property standards.