Tagged: fees

Fair compensation calculations needed for good lettings relationship

Fair compensation calculations needed for good lettings relationship

The Association of Independent Inventory Associations (AIIC) has claimed that calculating the right compensation charges at the end of tenancies is the holy grail of lettings and getting it wrong can lead to unnecessary...




Scotland see’s stronger annual rent growth than England and Wales

Scotland see’s stronger annual rent growth than England and Wales

In England and Wales monthly rents increased just 1.5% on average in the past year, where as in Scotland average residential rents are up 2.2% compared to a year ago, the latest index shows. With...




Advertising Tenancy Fees

Advertising Tenancy Fees

As you may be aware, recent new guidance from the Competition and Markets Authority (CMA, previously the Office of Fair Trading) and agreed with the Advertising Standards Authority (ASA), states that all rental property...




Immigration Checks and a Code of Practice for the Private Rented Sector

Immigration Checks and a Code of Practice for the Private Rented Sector

The beginning of this month seen the announcement of a pilot area for landlords being responsible for checking the immigration status of their tenants.  The pilot area chosen was the West Midlands, with Wolverhampton...




Official code on lettings published

Official code on lettings published

Endorsed and commissioned by the UK Government, a new code has been published for the private rented sector. While parts of the code relate to mandatory legislation, most of the code sets out a...




Housing minister to unveil new code for the private rented sector

Housing minister to unveil new code for the private rented sector

The UK housing minister, Brandon Lewis, will today unveil a new code for the private rented sector designed to provide guidance on how to achieve high standards. Aimed particularly at new and inexperienced landlords,...




Over half of tenants have experienced issues with agents and landlords

Over half of tenants have experienced issues with agents and landlords

A new study from the Association of Residential Letting Agents (ARLA) has found that almost two-thirds of renters do not check if their letting agent or landlord is licenced. This simply isn’t a consideration...




Further call to ban letting agent fees

Further call to ban letting agent fees

A joint report from the Chartered Institute of Housing and the Resolution Foundation has called on letting agents’ fees to tenants to be banned. In an effort to raise the minimum standards in the...




Fees ban adversely impacts tenants

Fees ban adversely impacts tenants

Evidence from the first Scotland Buy-to-Let Index from Your Move shows that rather helping tenants, the ban on charging tenant fees has actually resulted in the same tenants being worse off. In the two...




Unscrupulous letting agents are ‘double dipping’

Unscrupulous letting agents are ‘double dipping’

Research published by Direct Line for Business has found evidence of both landlords and tenants being charges for the same service, such as tenant referencing and contract extensions which only amounted to a change...