Tagged: Property

Scottish MPs vote in favour of mandatory licensing of letting agents

Scottish MPs vote in favour of mandatory licensing of letting agents

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...




Call for mandatory electrical testing

Call for mandatory electrical testing

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...




BTL Investors seek significant boost to retirement income

BTL Investors seek significant boost to retirement income

A recent survey by Platinum Property Partners of 500 BTL investors showed that they expected to achieve an annual retirement income of £35,600 compared to the UK average of £19,300. This higher figure comprises...




Deposit protection loophole being exploited by unscrupulous landlords

Deposit protection loophole being exploited by unscrupulous landlords

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...




Shelter ‘playing to people’s fears’

Shelter ‘playing to people’s fears’

The Residential Landlords Association has recently accused Shelter of ‘playing to people’s fears’  and warned that public policy must not be based on the opinions of problems which could be distorted. Rather than playing to...




Product differentiation key factor in attracting new business

Product differentiation key factor in attracting new business

A recent survey demonstrates that landlords and tenants are finding it increasingly difficult to differentiate between agents. It’s no longer sufficient for agents to say that they provide a professional service. To attract new...




New guidance issued for residential lettings agents and landlords in UK

New guidance issued for residential lettings agents and landlords in UK

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...




Majority of UK landlords reject tenants on benefits, new research shows

Majority of UK landlords reject tenants on benefits, new research shows

New research shows that just 18% of landlords in the UK are  happy to let to tenants whose rent is paid by local authorities. The study, conducted by the Online Letting Agents, also reveals that...




Supply gap opening up in private rental sector

Supply gap opening up in private rental sector

ARLA has reported that some tenants may now face increased competition for properties as supply in the private rented sector dwindles. The reasoning behind this warning is that more landlords are selling up, while...




PRS to come under the spotlight in Scotland

PRS to come under the spotlight in Scotland

Tomorrow the future of Scotland’s private rented sector will come under the spotlight  as politicians, key stakeholders, academics and housing sector representatives gather in Edinburgh. Key topics will include how to create a more...