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Lettings industry reform does not go far enough

It is good news that the UK government is going ahead with its Tenants Charter that will better protect renters from the worst excesses of rogue landlords and lettings agents and it is much needed. My...

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Landlords face £188m in tenant immigration check costs

Landlords could face extra costs of up to £188m over the next ten years if laws requiring them to check tenants’ immigration status come into force. According to the government’s impact assessment,...

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Shelter’s ‘reforms’ would ruin private rented sector, says RLA

Longer tenancies would “fatally undermine” the private rented sector, says a new report published this morning. Professor Michael Ball says the proposals, from Shelter, are poorly thought out. He also...

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October round up of the private rented sector

Regulation Proposed regulation of the private rented sector has been ongoing this month.  Building on announcements at the Conservative Party conference, Eric Pickles “plans include forcing letting...

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New advertising rules kick in – but are many agents taking notice?

As from last Friday, letting agents should be displaying their up-front, non-refundable charges to tenants on advertising. So are they? An admittedly brief and unscientific survey of LAT’s local...

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MPs raise worries over lettings industry and Immigration Bill

A report by a cross-party group of MPs has thrown serious doubt on to how the immigration status of prospective tenants can be checked by landlords – checks that, in reality, will be carried out in...

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Government takes more steps to force all letting agents to join redress scheme

The requirement for all letting and managing agents in England to belong to an ombudsman scheme as from next year has come closer. Yesterday, the Government set out its measures, saying: “Compulsory...

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Government announces review into safety standards in rented homes

A new review looking into standards in the private rented sector has been announced. It will in particular consider if new rules are needed on installing smoke and carbon monoxide alarms. An amendment...

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ARLA calls for letting agent regulation

The Association of Residential Letting Agents has called on the Chancellor to regulate agents working in the expanding private rented sector. For the first time since the 1960s, more people are now...

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November round up of the private rented sector

Through the year there has been continuous calls from various bodies for regulation of letting agents, and this month is no different with Arla calling on the Chancellor to regulate agents working in...

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Warning to accidental landlords to make sure their property meets safety regs

Many accidental landlords in the UK who have rented out their homes as they have been unable to sell during the economic downturn are simply not fulfilling their legal duties to maintain their rental...

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Housing leaders: What we want from the autumn statement 2013

Housing chief executives tell us what they want to see in George Osborne’s autumn statement. Grainia Long, chief executive at the Chartered Institute of Housing “Improve standards for private renters”...

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Should buy-to-let lenders allow longer tenancies?

The Government is meeting lenders next month in a bid to boost long-term tenancies. Buy-to-let mortgage lenders are coming under political pressure to loosen criteria and allow long-term tenancies....

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2013 – Moving towards regulation in a growing market

Looking back on the newsletter that I wrote this time last year, many of the topics are still being discussed such as regulation of the industry.  Predictions of rents rising and increased demand have...

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Don’t leave generation rent behind warns CBI

A generation of renters could be left behind as the housing debate focuses on home ownership warned the CBI, as it called for action to boost investment in the rental sector. By 2018, 1 in 5 households...

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Ruling brings clarity for landlords

Brokers say a recent Court of Appeal ruling on standard rental agreements provides clarity and will help avoid costly legal battles. The case related to tenant Miss Taylor, who took out an assured...

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Labour landlord rules ‘could hit BTL lending’

Experts are warning Labour’s crackdown on bad landlords in the private rented sector could have a “massive” impact on buy-to-let lending. In its policy review last year, Labour proposed a national...

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Unregulated buy-to-let set to flourish post-MMR

The buy-to-let sector will flourish as residential flounders in the months after the Mortgage Market Review is implemented, John Penn of Intelliflo claimed. The residential market will have more...

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NLA launches social media campaign against Selective Licensing

A social media campaign against the introduction of Selective Licensing in certain parts of England has been launched by the National Landlords Association. The NLA said more councils were bringing...

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Govt seeks views on how it can drive out rogue landlords

The Government has called for suggestions on how it can drive out rogue landlords and improve the quality of the private rented sector for tenants. In October the Government launched a package of...

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