Letting agents are being warned that they face possible prosecution if they have not joined one of the compulsory redress schemes. Fines of up to £5,000 can be imposed on non-compliant letting agents. The...
According to the latest Mortgages for Business Complex Buy to Let Index, rental yields on standard or ‘vanilla’ buy to let properties are falling. Gross yields on such properties, have fallen to 5.9% as...
A shorter document that the original one released early in the year, it provides clarity on who falls under the remit of a letting agent and thus has to be a member of one...
The number of British tenants who never expect to own their own home as risen from 12% three years ago to 18%. Even for those that still aspire to buying a property, almost half...
A consultation on a new type of tenancy has been launched for the private rented sector by the Scottish Government. The primary aim of the new tenancy type is to give tenants better security...
A new report published by The Property Ombudsman (TPO) has revealed a big increase on the number of complaints made by tenants and landlords. The figures show 721 complaints made against letting agents in...
As of today, 1st October 2014, the Consumer Protection (Amendment) Regulations come into force. Private rental agreements between landlords or agents and tenants will be subject to the new rules. Tenants may be entitled...
According to the latest research from the National Landlords’ Association, 28% of landlords have had their property damaged by tenants in the last 12 months. Landlords in the north east of England are most likely...
The beginning of this month seen the announcement of a pilot area for landlords being responsible for checking the immigration status of their tenants. The pilot area chosen was the West Midlands, with Wolverhampton...
New research from online letting agents Property Let By Us shows that only slightly more than one third of tenants in private rental accommodation in the UK believe they will ever be able to...
