The Governments plan to make private rented sector (PRS) and social housing landlords legally responsible for checking the immigration status of all tenant applicants has raised questions on the policy from MP’s. The proposal to make landlords perform immigration checks on tenants and prosecute those who fail to comply has caused outrage among UK PRS landlords, who would […]
Read MoreLandlords Set To Become UK Border Agency Informants Private sector landlords are set to become unpaid members of the UK Border Agency as amendments to the UK immigration laws announced in the Queen’s Speech last week are pushed through Parliament UK landlords will become legally responsible for ensuring that they only let rental properties to […]
Read MoreThere are now four authorised deposit protection schemes in the UK: The addition of a fourth deposit protection company could create even more confusion in the UK courts as there are different rules and regulations that must be followed for each provider. The Tenancy Deposit Scheme (TDS), Deposit Protection Scheme (DPS) and mydeposits have been […]
Read MoreThere are hundreds of pieces of Government legislation and local authority regulations that have to be adhered to by landlords before being allowed to rent out property in the Private Rented Sector (PRS). The onus is on the landlord to make sure that the rental property and tenancy agreement are in full compliance with all […]
Read MoreThe homelessness charity, Shelter, say that Private Rental Sector (PRS) rent increases are leaving more tenants in a rent trap. According to the charity, private sector rents in England are rising by an average of almost £300 a year across the country, in the South-East where PRS rents in some areas have gone up over […]
Read MoreGovernment ministers face an increasing amount of pressure to disclose their official estimate of how many immigrants will pour into Britain next year from Eastern Europe, after remarks were made on The BBC’s Sunday Politics Show. Communities and Local Government (DCLG) Secretary Eric Pickles conceded on TV that a wave of immigrants from Romania and […]
Read MoreMillions of property owners and tenants renting property in the Private Rented Sector (PRS) are resorting to extreme measures including high interest pay day loans to avoid eviction as well as trying to make ends meet after falling behind on monthly housing payments. According to a new report by homelessness charity Shelter, nearly 8 million […]
Read MoreGovernment Backtrack On Energy Performance Certificates (EPC’s) New regulation of Energy Performance Certification (EPC’s) set to come into effect on 9th January 2013, and is intended to ease the quagmire of paperwork for estate agents, property management companies, letting agents and landlords when preparing to advertise a vacant property for sale or let. Although agents […]
Read MoreThe UK’s rental market has seen strong growth over the last year with rents stabilising in the third quarter to an average rent of £970 per calendar month after an initial fall in price in August. The market has seen a 2 percent increase in rents from September 2011, just 0.6 percent below the rate […]
Read MoreGovernment’s Own Watchdog Warns Ministers Over Housing Mayhem There will be a huge shortage of affordable Private Rented Sector (PRS) property for tenants claiming housing benefit if the Government Welfare reforms go ahead in the spring of 2013 as currently planned. The warning has come from the Government’s own spending watchdog, the National Audit Office […]
Read MoreThe Residential Landlords Association (RLA) have discovered that finance for landlords is woefully inadequate with almost 50% of UK landlords struggling to get additional mortgages, remortgage or even obtain more finance. The RLA asked its members about obtaining further finance to expand their rental property portfolios 24.1% found it very difficult to get a Buy-To-Let […]
Read MoreMassive rise in tenant eviction orders as landlords are forced to get tough causing outcry from homelessness charity Crisis. Over the last three years there has been a 70% rise in court orders for the eviction of tenants in the UK Private Rented Sector (PRS). Homeless charity Crisis set about analysing figures released by the […]
Read MoreThe proposed Universal Credit system due to be introduced in April 2013 is set to replace existing benefits, including housing benefit, will put thousands of social (council and housing associations) and thousands more Private Rental Sector (PRS) landlords at a much higher level of financial risk. The current system of Local Housing Allowance (LHA) or […]
Read More40% of all UK Private Rented Sector (PRS) tenants have reportedly lost some or all of their rental deposit at the end of a tenancy, but landlords aren’t winning either, says a new report. The total amount lost per person averaged £313 (GBP) according to a new survey conducted by online property portal – FindaProperty.com. […]
Read MoreUnder the next wave of welfare reforms, new rules set to be introduced next year, mean that the housing benefit allowance of the new Universal Credit system, will not be paid directly to landlords. Instead the Government proposes that all payments will be paid directly to tenants, even if they are vulnerable or in arrears! […]
Read More
Download your FREE guide to understand what’s changing and how to stay compliant.Get expert insights now. Enter your details to access the guide.
