Tenants Lack Data to Verify Fair Market Rent Increases
UK renters face a severe information asymmetry with letting agents, who see market-wide rent data while tenants see only a handful of listings, making it hard to judge whether a proposed increase reflects true market rates. This gap has grown more consequential now that England's Renters' Rights Act lets tenants formally challenge above-market rent increases, but they still lack accessible comparison data to do so.
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