Nearly half a million properties could be left unavailable for residents looking to rent in the private rented sector, as more landlords exit the market and move into short-term lets due to the raft of legislative changes they have been faced with.
The Renting Homes (Fees etc.) (Prescribed Limits of Default Payments) (Wales) Regulations 2020 has now been laid before the Welsh Parliament which will restrict what can be charged as a default fee in Wales.
The Property Ombudsman has always played a critical role in raising the profile of the organisation and its work, improving its performance, impact and influence, and ensuring that it has the culture, partnerships, and resources in place to be sustainable over the long term.
ARLA Propertymark’s Private Rented Sector (PRS) December report shows the number of tenants negotiating rent reductions fell to 1.1 per cent from 1.6 per cent in November. This is the lowest figure since records began.
The Letting Partnership, a Propertymark Industry Supplier who specialises in client accounting and HealthChecks looks at the traditional methods of client money account inspections compared to the alternative.
Fixflo, repair reporting software provider and Propertymark Industry Supplier looks at the Government’s plan to regulate and rejuvenate the rental market.
After a vigorous selection process, today (21 January), Angela Davey has been appointed to take ARLA Propertymark forward in 2020 as its next President.
The UK Government has released its response to the Grenfell Tower Inquiry Phase 1 Report with measures to be put in place that will ‘go further and faster to improve the safety of residents.’
Gallagher, insurance brokerage and risk management services firm looks at what risks they believe your business should be aware of in 2020.
ARLA Propertymark has undertaken research into the activity of the Housing and Property Chamber First-tier Tribunal for Scotland during December 2019 in relation to applications under Rule 103 (tenancy deposit regulations).
Propertymark expresses concerns about the level of business rates faced by agents on the high street.
A lettings management director from Exeter has been disqualified for six years after failing to safeguard more than £68,000 worth of tenants’ deposits.
A tenant in Glasgow is the first case of its kind to be awarded £18,000 in damages by the First-tier Tribunal from Scotland Housing and Property Chamber.
The UK Government has announced that the freeze on Local Housing Allowance rates has been lifted and could see Housing Benefit payments rise from April.
Subject to approval by both Houses of Parliament landlords and agents will need to ensure electrical installation inspections and testing are carried out for all new tenancies in England from 1 July 2020 or from 1 April 2021 for existing tenancies.
The Welsh Conservatives and Welsh Government housing policy team has confirmed new regulations will include additional requirements for landlords to install working carbon monoxide alarms, smoke alarms and undertake an electrical safety test at least every five years.
From today, 10 January, all letting agents who manage properties which, individually, yield an income of 10,000 Euros per month (or equivalent) or more, must now comply with regulations set out in the Fifth Money Laundering Directive.
Housing Minister, Kevin Stewart, announced measures in the Scottish Parliament to provide local authorities with the ability to implement licensing schemes for short-term lets from Spring 2021.
Professor Paddy Gray, one of the Northern Ireland representatives on the Lettings Subject Board for Propertymark Qualifications, was awarded the order for his services to housing in Northern Ireland.
More than 100 councils across England have been awarded a share of over £4 million to crack down on criminal landlords and letting agents with a move to empower councils to stamp out exploitative landlords.
On 30 December 2019 new guidance was published for alternative payment arrangements and service charges for landlords, with the Universal Credit (UC) and Rented Housing: Guide for Landlords updated to include links to the UC Credit Landlords Portal.