Tagged: tenants

Ministers urged to make Client Money Protection a legal requirement

Ministers urged to make Client Money Protection a legal requirement

SAFEagent has called on the government to make Client Monday Protection a legal requirement within the Consumer Rights Bill currently going through the Lords. Currently, no recompense is available if an agent if not...




West Midlands announced as pilot area for immigration checks

West Midlands announced as pilot area for immigration checks

The government has announced that the pilot area for landlords and agents to conduct immigration checks on migrant tenants will be the West Midlands, with Wolverhampton and Birmingham being the core centres of the...




Properties in perfect condition preferred purchase choice for landlords

Properties in perfect condition preferred purchase choice for landlords

Research from HSBC shows that although a property in perfect condition costs on average 43% more than one requiring renovation, this is the preferred option for two out of three landlords when expanding their...




Slight fall in student rents

Slight fall in student rents

The latest annual report from Accommodation for Students shows that the average rental value (ARV) in the student sector has fallen from £79.64pw per bedroom in 2013 to £79.27 in 2014. Unsurprisingly, London remains...




Further call to ban letting agent fees

Further call to ban letting agent fees

A joint report from the Chartered Institute of Housing and the Resolution Foundation has called on letting agents’ fees to tenants to be banned. In an effort to raise the minimum standards in the...




Landlords say no to online agents

Landlords say no to online agents

The latest Property Academy Landlord Survey shows that only 7% of landlords would chose an online agent over a high street equivalent. The main reasons given were the importance of local knowledge, the preference...




Government confirms redress scheme starts October 1

Government confirms redress scheme starts October 1

The Department of Communities and Local Government has confirmed that the lettings sector’s compulsory redress scheme will begin on October 1. Under the scheme any lettings agency in England found not to be in...




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...