Tagged: Deposit Protection

Rents up, Voids Down and Green is Good

Rents up, Voids Down and Green is Good

Build to Rent At the beginning of the month a report from non-profit company Million Homes, Million Lives, claimed that ‘Half of Britain could be renting within 30 years’, and called for changes to encourage...




Mandatory redress schemes ‘not enough’ says deposit campaign

Mandatory redress schemes ‘not enough’ says deposit campaign

Obliging letting agents to join an ombudsman or other redress scheme may not address issues of financial protection according to the chair of a scheme campaigning to protect client deposits. John Midgley, chair of...




Few UK residential tenants end up losing money from their deposit, survey finds

Few UK residential tenants end up losing money from their deposit, survey finds

Few tenants in the private rented sector in the UK end up having deposit deductions at the end of their tenancy, new research shows. Just 9% have had their landlord or letting agent retain money according...




2013 – Moving towards regulation in a growing market

2013 – Moving towards regulation in a growing market

Looking back on the newsletter that I wrote this time last year, many of the topics are still being discussed such as regulation of the industry.  Predictions of rents rising and increased demand have...




Belfast Company Takes the Lead in New Deposit Protection Market

Belfast Company Takes the Lead in New Deposit Protection Market

Belfast based company TDS Northern Ireland has emerged as the clear leader in the new tenancy deposit protection market, protecting three quarters of new deposits in six months. Housing Minister Nelson McCausland recently announced that 9,142 deposits...




New guidance on landlord inventories published

New guidance on landlord inventories published

One of the UK’s tenancy deposit schemes has offered new guidance to help landlords avoid deposit disputes. Mydeposits’ ‘The Ins and Outs of Inventories’ provides information “to help avoid deposit disputes occurring at the...




August update on the private rented sector

August update on the private rented sector

Its hard to believe that we are already at the end of another summer and the kids are going back to school.  As usual with this time of year in the lettings industry there...




Housing minister Prisk ‘urgently exploring’ new legislation post-Superstrike

Housing minister Prisk ‘urgently exploring’ new legislation post-Superstrike

The Government is “urgently exploring whether new legislation is required” following the Superstrike case. Housing minister Mark Prisk has made the revelation in a letter to the Residential Landlords Association.




No win, no fee ambulance chasers target tenancy deposit ‘victims’

No win, no fee ambulance chasers target tenancy deposit ‘victims’

Letting agents and landlords are being warned of an increasing number of ‘ambulance chasers’ seeking ‘no win, no fee’ tenancy deposit claims. The warning comes after a growing number of information requests to tenancy...