New immigration legislation worries landlords

July 17th, 2014

80% of landlords are worried about the new immigration legislation which comes into force in October 2014. These are the findings of a study conducted by The Online Letting Agents. Such worries could lead to housing shortage for a growing segment of the population if landlord and letting agents refuse potential tenants if they believe them to be immigrants.

Full story available from Property Reporter: http://www.propertyreporter.co.uk/view.asp?ID=14007

RentPro cloud based rental property management software for letting agents and landlords


Campaign launched against licensing schemes in the private rented sector

July 15th, 2014

The new national campaign against selective licensing schemes is to seek a legal opinion on the issue of tenants’ legal rights to the peaceful enjoyment of their property.

The launch comes as Liverpool city council, wants landlords and agents to keep tenants and their visitors under what appears to be permanent surveillance as part of its proposed licensing scheme.

Read the full story on Property Industry Eye

RentPro cloud based rental property management software for letting agents and landlords.


Welsh private rented sector to experience massive changes

July 10th, 2014

The private rented sector in Wales is to experience massive changes after the Housing Wales (Bill) was approved this week. Landlords and letting agents will not only have to be registered, but if they want to manage properties then they will have to be licensed as well. The new arrangements have been supported by Shelter, but strongly opposed by the Residential Landlords Association.

Full story available from Property Industry Eye: http://www.propertyindustryeye.com/huge-changes-prs-wales-go-ahead/

RentPro cloud based rental property management software for letting agents and landlords.


Ban bad landlords says MPs

July 8th, 2014

An all-party parliamentary group of MPs has said that bad landlords should be subject to a nationwide ban. In addition, the group said that the introduction of a national landlord register should also be investigated. The Residential Landlord Association (RLA) welcomed the report but has called on the government to use existing legislation to regulate landlords rather than introduce a new register. The RLA argues that such an introduction equates to more red tape which will stifle growth in the private rental sector.

Full story available from Simply Business: http://www.simplybusiness.co.uk/knowledge/news/2014/07/landlord-register/

RentPro cloud based property management software for letting agents and landlords.


Scottish MPs vote in favour of mandatory licensing of letting agents

June 30th, 2014

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 letting industry and landlords’ organisations for the measure. We got that because we worked together with them.”

Read the full story on Property Industry Eye

RentPro cloud based property management software for letting agents and landlords.


Call for mandatory electrical testing

June 24th, 2014

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 over a million electrical problems were reported last year. The Resident Landlords Association says that landlords are already required to meet certain obligations. Multiple occupation abodes require a safety check to be carried out every five years by a competent electrician and property owners are liable for prosecution under the Defective Premises act if a tenant suffers death of injury as a result of a defect in the electrical system in the premises.

Full story available from BBC news website: http://www.bbc.co.uk/news/uk-politics-27983675

RentPro cloud based property management software for letting agents and landlords.


Deposit protection loophole being exploited by unscrupulous landlords

June 20th, 2014

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 existing tenant’s deposits are no longer protected. The unaware tenants then believe they have no recourse at the end of their tenancy when deposits aren’t returned. Few know that they can be awarded up to three times their deposit value by bringing a landlord to court if the deposit isn’t properly protected.

Full story from MoneyExpert  http://www.moneyexpert.com/news/british-tenants-beware-renegade-landlords-and-letting-agents-are-exploiting-rental-deposit-protection-law-loophole/800582873

RentPro cloud based rental property management software for letting agents and landlords.


Difficulties await agents when Immigration Act comes into force

June 19th, 2014

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 have argued that it is wrong for the government to ask landlords and agents to interpret complex documents and effectively operate as an arm of the Border Control service. The government has countered this argument by saying that housing is an important enabler of illegal immigration which is why this legislation is being brought into force.

Full story available from Letting Agent Today: http://www.lettingagenttoday.co.uk/667-fear-that-agents-won-t-understand-immigration-papers

RentPro cloud based rental property management software for letting agents and landlords.

 


New guidance issued for residential lettings agents and landlords in UK

June 16th, 2014

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 worked closely with trading standards services to agree how the law should be applied to the most problematic practices and to identify enforcement priorities, so that together they can tackle non-compliance and improve the way the market functions.

Read the full story on Property Wire

Read the Guidance from The Competition and Markets Authority 

RentPro cloud based rental property management software for letting agents and landlords.


Councils seeking to introduce licensing schemes despite similar schemes running into legal difficulties

June 4th, 2014

Evidence is growing that more councils are seeking to introduce licensing schemes for private sector landlords despite the proponents of similar schemes running into legal difficulties.

Oldham MBC last week launched a consultation into a possible scheme while Waltham Forest LBC also confirmed  it intends to pursue plans that had stalled due to the local elections, and at least two other London boroughs and Liverpool City Council have launched consultations into schemes. Continue reading »