MPs urge caution over introduction of revenge eviction legislation

December 16th, 2014

The All-Party Parliamentary Group for the Private Rented Sector has warned the Government not to resurrect plans to ban “revenge evictions” until it has done its homework. The group says that it heard a bewildering variety of figures during its own inquiry and no objective data is available from a group without a vested interest in the subject. The group chair, Oliver Colvile, commented that evidence is crucial to making good policy and at the moment such evidence simply isn’t available.

Full story available from Property Industry Eye: http://www.propertyindustryeye.com/revenge-evictions-mps-parties-condemn-possible-loss-section-21/

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


Winter-proof your BTL property

December 8th, 2014

With the first cold snap upon us it is time to think about winter-proofing your property.  Valerie Bannister, President of ARLA, says “Maintaining property in the winter is important; not only to reduce the likelihood of damage and unwelcome costs, but also to ensure tenants are provided with good quality accommodation. By undertaking simple property maintenance on a regular basis, risks can be kept to a minimum.”  Taking this into consideration, the Association of Residential Lettings Agents (ARLA) has compiled a checklist for landlords to use in order to can reduce the associated risks and avoid costly surprises.

Read the full story on Property Reporter

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


Top cause of complaint for UK tenants are faulty boilers

December 2nd, 2014

A new survey conducted by online letting agent PropertyLetByUs, revealed that nearly a third of tenants suffered from a lack of hot water and/or heating at some time during their tenancy.  The second most common complaint was a leaking roof, followed by mould and condensation.  The survey also revealed that many tenants are having to wait a long time to get problems fixed, with nearly 20% of tenants waiting up to two months.

Read the full story on PropertyWire

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


Parliamentary inquiry into retaliatory evictions

October 24th, 2014

Retaliatory evictions are to be investigated by the All Party Parliamentary Group for the Private Rented Sector. Such evictions occur when a landlord serves notice on a tenant to the leave their home as a response to a request from the tenant to carry out repairs. A recent parliamentary bill from Sarah Teather MP attempted to introduce protection for tenants seeking protection from such evictions, but now the MPs’ group has launched an inquiry to understand the impact that the legislation would have on the private rented sector.

Full story available from Letting Agent Today: http://www.lettingagenttoday.co.uk/1101-mps-launch-probe-into-retaliatory-evictions

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

 


Official code on lettings published

September 12th, 2014

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 model for best practice applying to both landlords and agents. Key points relate to agents’ fees, the management of client money and safety checks.

Full story available from Property Industry Eye: http://www.propertyindustryeye.com/important-new-official-code-lettings-published/

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


Green Deal shambles could result in empty properties

September 5th, 2014

The National Landlords Association (NLA) has called for an extension to the deadline for rented properties to reach minimum energy efficiency standards after the difficulties experienced in introducing Green Deal finance into the sector. With this finance currently unavailable, landlords may opt not to invest the necessary funds to ensure their properties comply with the regulations and instead simply leave their properties empty.

Full story available from Letting Agent Today

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


Fair wear and tear ‘most misunderstood area’ of renting process

August 22nd, 2014

According to the Association of Independent Inventory Clerks, fair wear and tear is the most misunderstood area of the whole renting process, especially as “everyone has their own view of what constitutes fair wear and tear”.  In order to help landlords and tenants with this the AIIC has put together some useful tips in the following article:

Article courtesy of Property Reporter: Fair wear and tear ‘most misunderstood area’ of renting process

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


Banning of rental properties with low EPC ratings moves a step closer

July 24th, 2014

A new consultation has been launched which states that that minimum standard for all rental properties will be an EPC rating of E. If implemented it will not be possible to rent properties that fail to meet this standard to new tenants from 1st April 2018.

Full story available from Property Industry Eye: http://www.propertyindustryeye.com/ministers-move-closer-banning-rental-properties-low-epcs/

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


Good communication is key to a successful tenancy

June 25th, 2014

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 the number of tenant complaints is on the rise. The tenant eviction and rent recovery firm says that a small minority of landlords are failing their tenants and even carrying out so-called ‘revenge evictions’ when complaints are received about repairs not being made to their properties. However, in the main, landlords take great pride in their properties and wish to protect their investment. Tenants also need to aware that, under the terms of their tenancy agreement, they are required to report problems promptly.

Full story available from Property Reporter: http://www.propertyreporter.co.uk/view.asp?ID=13879

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.