Category: Property Industry News

Scottish MPs vote in favour of mandatory licensing of letting agents

Scottish MPs vote in favour of mandatory licensing of letting agents

Housing minister Margaret Burgess (Scottish National Party) warned that the regulation of agents would have teeth. She said: “Regulation of letting agents is a landmark. It was good to get the support of the...




Good communication is key to a successful tenancy

Good communication is key to a successful tenancy

To prevent disputes arising and to raise the standard of living conditions good communication between tenants and landlords / agents is essential. This advice from Landlord Assist comes in the wake of reports that...




Call for mandatory electrical testing

Call for mandatory electrical testing

Shelter and Electrical Safety First have called for five yearly checks of wiring and other electric fittings to become mandatory. The charities reported that a third of properties fail to meet basic standards and...




BTL Investors seek significant boost to retirement income

BTL Investors seek significant boost to retirement income

A recent survey by Platinum Property Partners of 500 BTL investors showed that they expected to achieve an annual retirement income of £35,600 compared to the UK average of £19,300. This higher figure comprises...




Deposit protection loophole being exploited by unscrupulous landlords

Deposit protection loophole being exploited by unscrupulous landlords

Government regulations dictate that members of deposit protection schemes should be expelled should they break the rules of such schemes. Unscrupulous landlords operating under the insurance based variants are intentionally being expelled so that...




RLA using Freedom Act to query licensing cost

RLA using Freedom Act to query licensing cost

The Residential Landlords Association is making requests under the Freedom of Information Act to discover exactly how much Liverpool council intends to spend to implement its hugely-controversial landlord licensing scheme. As a possible test-case...




Difficulties await agents when Immigration Act comes into force

Difficulties await agents when Immigration Act comes into force

When the Immigration Act comes into force in October, letting agents and private landlords will be required to vet tenants to ensure they are legally entitled to reside in the UK. RICS and NLA...




Shelter ‘playing to people’s fears’

Shelter ‘playing to people’s fears’

The Residential Landlords Association has recently accused Shelter of ‘playing to people’s fears’  and warned that public policy must not be based on the opinions of problems which could be distorted. Rather than playing to...




Product differentiation key factor in attracting new business

Product differentiation key factor in attracting new business

A recent survey demonstrates that landlords and tenants are finding it increasingly difficult to differentiate between agents. It’s no longer sufficient for agents to say that they provide a professional service. To attract new...




New guidance issued for residential lettings agents and landlords in UK

New guidance issued for residential lettings agents and landlords in UK

The Competition and Markets Authority (CMA) has published a comprehensive guide for lettings professionals in the UK to help improve their understanding of, and compliance with, consumer protection law. The CMA said it has...