Category: Property Industry News

UK Agents Housing Manifesto – supply, regulation and tax

UK Agents Housing Manifesto – supply, regulation and tax

The National Association of Estate Agents (NAEA) and Association of Residential Letting Agents (ARLA) launched the manifesto today at the third consecutive NAEA Conference.  Having met professionals, politicians, experts and campaigners across the UK...




Change in law results in record number of complaints to the TPO

Change in law results in record number of complaints to the TPO

In the three months after all letting agents were required by law to join a redress scheme, the Property Ombudsman received a record number of complaints. Between October 1 and the end of the...




ARLA reports rent rises from 27% of landlords

ARLA reports rent rises from 27% of landlords

The Association of Residential Letting Agents (ARLA) has reported that 27% of its licensed members saw an increase in the cost of monthly rents from December 2014 to January 2015. The region with the...




New landlords fair best with student lets

New landlords fair best with student lets

A new survey shows that new landlords tend to have the greatest success in letting out their properties in the student sector. The data gathered by accommodation website, accommodationforstudents.com, shows that for the 2014/2015 academic...




Over half of tenants have funded own repairs

Over half of tenants have funded own repairs

A recent report claims that the majority of tenants have had to fund their own repairs due to a poor or no response from their landlord. According to the study 55% of tenants spent...




Evidence of discrimination emerges from ‘right to rent’ trials

Evidence of discrimination emerges from ‘right to rent’ trials

Some prospective tenants with foreign accents are being rejected according to feedback from the Immigration Act “right to rent” pilot scheme which was launched in the midlands during December. The scheme by the Joint...




Landlords disappointed at vote on revenge evictions

Landlords disappointed at vote on revenge evictions

Amendments aimed at combatting so-called retaliatory evictions have been passed in the House of Lords’ meaning they are almost certain to become law in the spring. The news has been met with consternation by...




Last quarter of 2014 sees rise in average rental deposits

Last quarter of 2014 sees rise in average rental deposits

Between the third and fourth quarters of 2014 the average deposit amount protected by mydeposits rose by 1.4%. This equates to an average tenancy deposit of £1,226, up £52 over the last year. Surprisingly...




Average rents up as lack of supply bites

Average rents up as lack of supply bites

New analysis from Countrywide plc has shown an increase in the average UK rent for newly let properties.  In January, there was an increase of 2.8% year-on-year in the average rent for newly let...




Common mistakes made by landlords when preparing inventories

Common mistakes made by landlords when preparing inventories

Landlords who produce their own inventories and conduct the check-in and check-out for properties risk losing potential tenant disputes according to the Association of Independent Inventory Clerks. The most common mistake made when producing...