Tagged: letting agents

New type of tenancy for private rented sector in Scotland

New type of tenancy for private rented sector in Scotland

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...




Sharp increase in Complaints received by Property Ombudsman

Sharp increase in Complaints received by Property Ombudsman

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...




Landlords affected by new Consumer Protection Rules

Landlords affected by new Consumer Protection Rules

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...




Over a quarter of landlords suffer property damage by tenants in the last 12 months

Over a quarter of landlords suffer property damage by tenants in the last 12 months

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...




Immigration Checks and a Code of Practice for the Private Rented Sector

Immigration Checks and a Code of Practice for the Private Rented Sector

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...




Only one third of tenants think that they will ever be able to buy a home

Only one third of tenants think that they will ever be able to buy a home

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...




New advise issued for using electronic signatures

New advise issued for using electronic signatures

The Department of Business, Innovation and Skills issued guidance on using electronic signatures over the summer, which will be useful for both estate and letting agents. Electronic signatures are not only time saving but...




With redress scheme deadline looming agents act to comply

With redress scheme deadline looming agents act to comply

The deadline for letting agents to sign up to an approved redress scheme is October 1. With fines of up to £5,000 for non-compliance, signs are that letting agents are signing up to one...




One last chance for landlords announces HMRC

One last chance for landlords announces HMRC

With up to 1.5 million landlords underpaying up to £500 million in tax every year, the HMRC has announced one last chance for landlords who fail to declare all their rental income. HMRC plans...




Rents reach record high

Rents reach record high

The average rent in England and Wales has reached a record £761 per month. This is £3 higher that the previous record set in October 2013. Seven out of ten regions in England and...