If the Renters Reform Bill bans blanket bans on tenants with benefits, how do I legally mitigate financial risk and ensure tenant suitability without discriminating?
Quick Answer
With the Renters Reform Bill expected to abolish blanket bans on benefits tenants, landlords must shift to individual applicant assessments. Focus on robust referencing, affordability checks with a higher income-to-rent ratio, and consider rent guarantee insurance or suitable guarantors to mitigate financial risk legally and fairly.
About This Topic
Learn how UK landlords can mitigate financial risk and ensure tenant suitability after the Renters Reform Bill's blanket ban abolition, without discrimination.
This question is part of our Tax & Accounting category, providing expert guidance on UK property investment.
Expert Guidance from Steven Potter
Steven Potter is a UK property investment coach with a £1.5M portfolio and over 5 years of hands-on experience. He has helped over 1,000 students achieve their property investment goals through practical, ethical strategies.
Ready to Take Action?
Get personalised property investment coaching with Steven Potter's Property Freedom Framework.
Learn about the Property Freedom Framework