New tool allows agents to create pet-friendly contracts at speed

19 June 2020 | Renting

New tool allows agents to create pet-friendly contracts at speed

A PropTech platform claims to allow agents to generate a fully-compliant tenancy agreement with a standardised pet-friendly clause which includes a fixed, transparent monthly charge to help cover the costs of keeping a pet in the home.

While some 44 per cent of people in the UK own a pet, only seven per cent of rental properties are advertised as pet-friendly because of concern about maintenance costs or insurance implications. 

However, a growing number of Build To Rent landlords including Grainger plc, Moda Living and Rise, allow pets to be kept by tenants. 

The creator of the PlanetRent platform, Mary-Anne Bowring, says: “While pets are typically associated with higher maintenance costs, landlords risk fishing from an ever-smaller pond by refusing to accommodate renters with pets, especially as the big institutional and corporate landlords entering Britain’s rental market are typically pet-friendly in their developments.”

This post has originally been featured in Letting Agent Today.