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PlanetRent - We Love Pet-Friendly Rentals

Written by: Mary-Anne Bowring 07/02/2024
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The Growing Demand for Pet-Friendly Rentals

If there are pets involved, PlanetRent can help landlords quickly generate the appropriate tenancy agreement. For those who are not pet-friendly, it may be worth reconsidering. Nearly half of the population owns a pet, representing a significant pool of potential tenants. The Government is actively encouraging landlords to acknowledge this demand.

Government Encouragement for Pet-Friendly Policies

In January 2020, then Housing Secretary Robert Jenrick announced changes to the model tenancy contract to remove restrictions on well-behaved pets. The goal was to make it easier for tenants with pets to find rental homes and to encourage landlords to accommodate pet owners wherever possible.

The Hesitation Among Private Landlords

Despite being a nation of pet lovers, many private landlords remain hesitant about allowing pets. Concerns over potential property damage and additional maintenance costs have led to very few landlords advertising pet-friendly rentals, making it challenging for pet owners to find suitable homes.

Build-to-Rent Sector’s Positive Approach to Pets

Institutional landlords in the build-to-rent sector have a more welcoming attitude toward pets. Investors working with Ringley actively encourage pet ownership, as they believe it fosters tenant loyalty and promotes community engagement. By allowing pets, they see longer tenancy durations and a more stable rental income.

Tenancy Agreements That Are Pet-Friendly

To support this growing demand, PlanetRent has made it easy for landlords to generate pet-friendly tenancy agreements. Through the automated lettings platform, landlords can create tenancy agreements within minutes, ensuring they are accessible and adaptable. These agreements also account for potential additional costs related to cleaning, repairs, and refurbishment.

A Win-Win for Landlords and Tenants

While pets can sometimes cause damage, proper reference checks can help mitigate risks. PlanetRent simplifies the tenant screening process, allowing landlords to verify responsible pet owners quickly. Adopting a pet-friendly approach can make rental properties more attractive and expand the pool of potential tenants, ultimately benefiting both landlords and renters.

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