Tagged: Deposit Protection

Landlords urged to only deal with ‘safe’ letting agents

Landlords urged to only deal with ‘safe’ letting agents

Letting agents are urging landlords to make sure they only do business with firms offering a money protection scheme. Firms signed up to the SAFEagent scheme are highlighting that landlords and tenants risk losing...




UK landlords don’t believe that deposit schemes help them, survey shows

UK landlords don’t believe that deposit schemes help them, survey shows

A UK wide survey has found virtually no landlords think that deposit schemes are designed in their favour with 54% believing they favour tenants and 35% thinking neither benefit. Letting agents also largely mirrored...




Scottish government approves first ever tenancy deposit protection scheme

Scottish government approves first ever tenancy deposit protection scheme

Today, tenants, landlords and letting agents are a step closer to guaranteed deposit protection, with the Scottish Government announcing it has approved its first tenancy deposit protection scheme, The Letting Protection Service Scotland. The...




Helping agents make the grade

Helping agents make the grade

RentPro rental property management software can assist you with your obligations for protecting clients money, handling tenants deposits, ensuring legal obligations in regards to safety checks are valid, as well as allowing you to keep in...




Lettings agent complaints up 26%

Lettings agent complaints up 26%

Following another year in which lettings complaints increased, property ombudsman, Christopher Hamer, is renewing his call for standards to be raised across the lettings industry. In 2011, the ombudsman’s office dealt with 7,641 letting...




Ombudsman takes legal advice on compulsory regulation of letting agents

Ombudsman takes legal advice on compulsory regulation of letting agents

Regulation should be considered to protect the consumer, especially in relation to client money protection. The Property Ombudsman scheme has taken legal advice on how letting agents could be compulsorily regulated, saying that voluntary...




Agents warned over illegality in taking tenants’ money too early

Agents warned over illegality in taking tenants’ money too early

Agents in student cities and towns where it is commonplace for agreements to be signed up to ten months in advance, with deposits, holding fees, referencing fees and, commonly, the first month’s rent taken,...




Comparing Tenancy Deposit Protection Costs for Landlords

Comparing Tenancy Deposit Protection Costs for Landlords

Fantastic table of comparison on the various tenancy deposit protection schemes from Property 118 As a new tenancy deposit protection scheme opens for business, some landlords may be confused over the costs and benefits...