Tagged: landlords

Private rental sector growing, but you still need to do your homework

Private rental sector growing, but you still need to do your homework

The private rented sector is growing with reports of an annual increase of 4% on rents and with 6 tenants chasing every available property across the country.  So it was not surprising to also...




Fees ban adversely impacts tenants

Fees ban adversely impacts tenants

Evidence from the first Scotland Buy-to-Let Index from Your Move shows that rather helping tenants, the ban on charging tenant fees has actually resulted in the same tenants being worse off. In the two...




Landlords unaware of agents’ professional credentials

Landlords unaware of agents’ professional credentials

The latest annual survey from the Property Academy shows that 55 per cent of landlords who use letting agencies are unaware if their agents belong to any professional body. The same survey also highlighted...




Unscrupulous letting agents are ‘double dipping’

Unscrupulous letting agents are ‘double dipping’

Research published by Direct Line for Business has found evidence of both landlords and tenants being charges for the same service, such as tenant referencing and contract extensions which only amounted to a change...




Tenants allowed to start businesses without landlord’s permission

Tenants allowed to start businesses without landlord’s permission

The Business Minister, Matthew Hancock, is to introduce a new law that removes the need for a tenant to seek permission from their landlord to operate a business from private rented accommodation. Other measures...




Many renters have never met their landlord

Many renters have never met their landlord

Research from Ocean Finance reveals that 30% of private tenants deal only with their letting agent. This figure is most pronounced in London and in the North East (36% and 38% respectively.) Respondents to...




Sharp rise in Scottish rent prices

Sharp rise in Scottish rent prices

New findings released from the July 2014 HomeLet Rental Index show a 10% increase in the Scottish private rental market since June. This compares to an average rise of 4.4% across all UK regions....




First Time Buyers struggle to save for a deposit

First Time Buyers struggle to save for a deposit

The latest Monday Statistics report shows that despite the improved economic outlook, many young people are still struggling to buy their first home. With an average deposit for a first time buyer at £27,719,...




Property Ombudsman calls on agents to have Client Money Protection

Property Ombudsman calls on agents to have Client Money Protection

In the wake of several cases where landlords have lost thousands of pounds in rental income the Property Ombudsman has called for all letting agents to have Client Money Protection. Such insurance protects agents...