The lay of the land

The private rented housing market is preparing for change with the upcoming introduction of legislation that provides greater security for tenants' deposits. Richard Finan urges brokers to get ahead of the game so that they can tap into this potential windfall

The private rented housing market has seen phenomenal growth over the past decade. In 1988, the sector constituted only 9% of households in the country. Today, that figure is close to 12%, with almost 2.5 million homes in England now rented from a private landlord.

Insurers and brokers have been quick to respond to the needs of landlords with products and services, which range from traditional property insurance to rental guarantee cover. As the sector continues to grow, brokers have the