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PRS Rents Remain Stable


Thursday, September 24, 2015

ARLA Report Fewer Landlords Raising PRS Rents The Association Of Residential Letting Agents (ARLA) have reported that the number of letting agent members reporting PRS rent increases has dropped for the first time this year. It was widely feared that many landlords would be forced to increase PRS rents in order to mitigate the abolishment [...]


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Landlords Outraged At Right To Rent Prison Threat


Thursday, August 13, 2015

Landlords Could Face Jail For Non Compliance Of Right To Rent Legislation Private rental sector landlords and letting agents have expressed outrage over proposed amendments to the forthcoming Immigration Bill (2015) expected in September, when MPs return to work after their summer break. Section 20 – 37 of the Immigration Act 2014 contained the provision [...]


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HMRC Publish Details Of Wear And Tear Tax Changes


Tuesday, July 28, 2015

HMRC Introduce Replacement Furniture Relief To Supersede Wear And Tear Allowance HM Revenue and Customs, (HMRC), have finally announced the scope of the proposed amendments to the wear and tear tax allowance for landlords of rental properties, outlined in the post election budget by Chancellor George Osborne. At the 2015 Summer Budget the Government confirmed [...]


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Lettings Live Survey Findings


Thursday, June 18, 2015

Today’s letting agents are  professional, responsible and well connected! With more and more people turning to property as a way of saving and investing, lettings agents need to be informed and professional about their duties and responsibilities. In a changing world, there is a need to continually update and respond, but there are some agents who are [...]


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Buy To Let Mortgages Lenders Issue Statement Of Practice


Friday, April 10, 2015

Buy To Let Mortgages Lenders Publish Statement Of Practice Ahead Of Financial Conduct Authority Regulation Buy to let mortgage companies who belong to the Council of Mortgage Lenders (CML), have issued a new statement of practice aimed at making their mortgage products more transparent for consumers as well as emphasising the responsibilities of being a [...]


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Goodbye Landlords Energy Savings Allowance


Thursday, March 26, 2015

Landlords Energy Savings Allowance Scrapped in 2015 Spring Budget The Chancellor of the Exchequer, George Osborne MP, unleashed a few controversial measures during last week’s pre-election 2015 spring budget, including an announcement that Landlords Energy Savings Allowance (LESA) will be scrapped at the end of March 2015. Over the last few years, the Landlords Energy [...]


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Government Probe Retaliatory Tenant Evictions


Tuesday, October 28, 2014

All Party Parliamentary Group To Examine Retaliatory Tenant Evictions MP’s have launched an inquiry into the operational practices of the UK’s private rented sector (PRS) due to the apparent rise in the number of so called retaliatory tenant evictions by landlords. The All Party Parliamentary Group for the Private Rented Sector define retaliatory tenant evictions as [...]


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How To Rent Guide Launched By Government


Thursday, June 19, 2014

New How To Rent Guide Provides PRS Tenants With Information On Rental Rights And Responsibilities Government housing minister Kris Hopkins has announced that the Department for Communities and Local Government (DCLG) have launched a How To Rent Guide to give tenants in the private rental sector (PRS), information on rental rights that all PRS tenants need to [...]


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New Legislation To Provide Lettings Industry Redress


Tuesday, April 22, 2014

Three Compulsory Redress Schemes Approved By Government New changes in legislation make all UK letting agents register with at least one redress scheme a legal requirement. The Department for Communities and Local Government (DCLG) have approved 3 new redress schemes for landlords and tenants to utilise for complaints about the UK private rental sector. The [...]


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Repairs Cost Unprepared Buy-To-Let Landlords More Money


Tuesday, July 30, 2013

Failure To Plan Is Planning To Fail Buy-To-Let landlords need to factor repair costs into their annual budgets in order to have a better understanding of the profit they are actually making from their investment property. Wear and tear in rental properties is an inevitable fact of life that goes with the profession, however many [...]


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