Platform Launched to Support Rent Reviews Under Renters’ Rights Act

Why It Matters

The platform gives letting agents and build‑to‑rent operators a compliant, efficient way to meet the Renters’ Rights Act, reducing legal risk and operational costs.

Key Takeaways

• MarketRent centralizes rent‑review data, evidence, and approvals in one system.
• Free ONS‑based rent indexation tool provides transparent benchmark for negotiations.
• Integration with Veco Plus expands data connectivity for agents and managers.
• Early‑adopter program targets letting agents, property managers, build‑to‑rent operators.
• Platform addresses manual, fragmented processes ahead of new rent‑review regulations.

Pulse Analysis

The UK’s upcoming Renters’ Rights Act is set to overhaul how residential rent reviews are conducted, demanding greater transparency, evidence, and consistency. Regulators expect landlords and agents to justify any increase with clear market data, a shift that threatens traditional spreadsheet‑driven, paper‑heavy workflows. For property managers, the new legal landscape creates both compliance pressure and an opportunity to differentiate through technology that can streamline evidence collection and auditability.

MarketRent answers that need by bundling market comparables, indexation calculations, and landlord approvals into a single cloud‑based workflow. Its free rent indexation tool pulls the latest Office for National Statistics figures, giving users an objective benchmark to start negotiations. The platform also logs every communication and decision, producing an immutable audit trail that can be presented in disputes. Integration with Veco Plus and planned connections to tenancy‑referencing and data providers further reduce manual data entry, allowing agents to focus on client service rather than paperwork.

Early adopters—including letting agencies, property managers and build‑to‑rent operators—are already testing the system, citing faster turnaround times and reduced risk of regulatory breaches. As the Act rolls out, compliance‑driven technology like MarketRent could become a de‑facto standard, driving market consolidation among proptech vendors. Analysts predict that the UK rent‑review software niche, currently modest, could expand to a multi‑hundred‑million‑dollar segment within five years, especially as landlords seek scalable solutions across their portfolios.