Important Updates for Letting Agents: Mandatory sanctions checks are coming (14 May 2025) From 14 May 2025, all UK letting agents will be legally required to carry out financial sanctions checks on both landlords and tenants. This major regulatory change is aimed at increasing the integrity of the rental sector by ensuring those subject to […]
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How to secure your new rental home. Get ready to make a move! The competition for rental properties is fierce. Demand is high and landlords and letting agents can afford to be fussy. You might be an ideal tenant but, even so, another ‘ideal’ tenant could beat you to it. Sometimes finding your new place […]
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This is SMART referencing It’s fast. Complete the application before 4 pm for a same-day answer. It’s accurate. Open Banking technology offers real-time data, true and verified. It’s great value. Time is money – it saves both. Choose SMART referencing it speeds the lettings process it reduces voids it understands multiple income streams it gives […]
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COVID-19 has had a huge impact on student life, but the urge young people feel to move on with life, to study and make new friends hasn’t gone away. And now that the pandemic is having less of an impact, student populations are set to grow again. That’s why we’ve brought back our Student tenant […]
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If something sounds too good to be true. It probably is. A cheap reference is cheap because less work has gone into it. The digging and delving that reveals the subsurface risk factors hasn’t been completed. Scrimping to save a few pounds could cost your landlord thousands. Your saving could cost you a landlord with a […]
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Want a recommendation you can trust on every prospective tenant? We use best of breed technology, multiple data points and a highly experienced team to ensure that’s what we deliver. Salesforce is at the heart of what we do, and we leverage all the advantages of the latest PropTech and FinTech solutions, working with the […]
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Let’s assume you’ve found a property you’d like to rent and that you’re confident you can easily cover the bills and the monthly rent. You’re just itching to get the keys and move in, but first, you’ve got to pass a tenant referencing check. It’s worth understanding a bit more about tenant referencing because that […]
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Okay, that was something of a rhetorical question – there can’t be many agents who wouldn’t want critical information quicker. The faster you know the answers, the faster you can finalise agreements, and you can reduce void periods, keeping you and your landlords happy. So yes, let’s assume that you’d love accelerated referencing. It’s all […]
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In business, success requires a close eye to be kept on income and expenditure. It’s no different in property rental, and in a climate of tax changes, increasing regulation and the knock-on effects of the agency fees ban, cutting unnecessary expenditure makes sense. It is easy, therefore, to see why some landlords are choosing a […]
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We’re all human. We put up with things because familiarity is comfortable. Even though somethings may not be working for us, we carry on using it. We tolerate the shortfalls and live with the frustration. We don’t grow, we don’t make progress. Tenant referencing is a good example. There are vast differences between the best and […]
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91 landlords have been hit with fines following the introduction of the Right to Rent Scheme across England last year. The scheme, first trialled in the West Midlands then rolled out throughout England in February 2016, aims to combat illegal immigration by ensuring those letting property check tenants’ right to rent beforehand. The latest figures […]
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We all like to think that we’re good at assessing someone else’s character at the first meeting, but for a landlord this skill is vital. When you take on a new tenant, you’re trusting a stranger with your huge investment. Yes, you’ve got the protection of the law, but that’s something which helps you when […]
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The private rented sector has consistently accelerated over the past few years; back in 2014 the Intermediary Mortgage Lenders Association predicted that if the market trends continued over 50% of UK homes would be rented by 2032. While this is good news for you letting agents, that growth also comes with additional rules and regulations […]
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Landlords at Risk of Criminal Liability Under the Immigration Bill Landlords or their agents will automatically be committing a criminal offence if told by the Home Office that a tenant is living in the UK illegally. At least, that’s the extremely unfortunate situation to be faced if the 2015 Immigration Bill comes into force as […]
Read MoreIllegal immigrants to be banned from renting property in the UK Private rental sector (PRS) landlords will be risking a fine of £3000 for breaking the law by letting rental property to illegal immigrants without doing proper background checks and comprehensive tenant referencing. The proposal is currently undergoing a seven week consultation process and set to […]
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