Tagged: tenants

Average purchase deposits on the rise

Average deposits rose in nine out of eleven regions during October according to new data from the Mortgage Advice Bureau, resulting in the average purchase deposit reaching £71,301. This represents a monthly increase of...




Rent rises slow in October

Rent rises slow in October

According to a recent report from the Association of Residential Letting Agents (ARLA), fewer tenants are experiencing rent increases. The number of rent hikes reported in October fell to 25% from 32% the previous...




Mandatory Client Money Protection moves a step closer

Mandatory Client Money Protection moves a step closer

Numerous cases of letting agents making off with clients’ money have been documented over the years, and to many, it seems scandalous that letting agents who handle large sums of money on behalf of...




Tax changes may impact maintenance of furnished properties

Tax changes may impact maintenance of furnished properties

A planned change in landlords’ tax allowances may discourage property maintenance on furnished properties over the coming months. As of next April, landlords will only be able to deduct costs that they actually incur...




Residential Landlords Association criticises licensing schemes

Residential Landlords Association criticises licensing schemes

The Residential Landlords Association has criticised local authorities that charge landlords for licences solely to collect information on the number of landlords in an area, claiming that such licensing schemes were “without reason”. It...