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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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Average UK Rental Prices Fall


Tuesday, September 22, 2015

Average Rental Prices Drop As Yields Remain Steady New data published by Your Move and Reeds Rains shows that average monthly rental prices in England and Wales have fallen on a monthly basis for the first time since March 2015, with the average national monthly rental price down by 0.1% in August, dropping from £804 [...]


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Most Tenants Are Happy With Their Private Rental Sector Properties


Thursday, September 10, 2015

New Survey Shows That Majority Of Private Rental Sector Tenants Are Happy A recent survey has discovered that 59% of PRS tenants are more than satisfied with the fair rental price of their rented property and many tenants have a good relationship with their landlords. The survey carried out by AXA Business Insurance, appears to [...]


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Specialist Insurance Protects Landlords Income


Tuesday, September 8, 2015

Landlords Lose Billions To Rent Arrears And Rental Property Damage Each Year New research claims that private rental sector (PRS) landlords, who operate their rental property businesses without specialist insurance in place, are losing almost £10 Billion (GBP) a year because of tenant’s causing damage to rental properties and unpaid rent arrears. The report published [...]


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Honesty And Good Communication With Tenants Is Vital


Wednesday, September 2, 2015

Honesty And Good Communication Are Crucial To Avoiding Tenancy Disputes New research from one of the three Government approved tenancy deposit protection scheme operators, my|deposits, has highlighted the importance of honesty and good communication between landlords and their tenants at the end of a tenancy, in order to avoid getting into a tenancy dispute over [...]


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Landlords Don’t Want To Pay For Rental Property Damage


Thursday, August 20, 2015

Landlords Forced To Fight For Rental Property Damage Claims  Determining fair wear and tear in rental property is probably one of the most difficult and misunderstood areas of renting in the UK’s private rented sector (PRS) as letting agents and landlords may have different views to tenants regarding what are allowable deductions to be made [...]


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How Removing The Wear And Tear Tax Allowance Affects Landlords


Tuesday, August 18, 2015

Removal Of Wear And Tear Tax Allowance Doesn’t Have To Mean Landlords Face Property Losses Since the Chancellor of the Exchequer announced in the post election budget that the wear and tear tax allowance for landlords was to be phased out and replaced with a tax relief system that only allows landlords to deduct costs [...]


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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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Tenant Referencing Just Got Even Easier


Tuesday, August 11, 2015

Tenant Referencing – All Packed Up And Ready To Go We know that good letting agents need to be constantly on the ball to be able to provide their landlord and tenant clients with the best service, that’s why Legal 4 Landlords have launched a new package aimed at making their lives easier. Legal 4 [...]


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Surge in UK Property Demand


Thursday, August 6, 2015

UK Property Demand Reaches 11 Year High The number of people wanting to purchase properties in the UK has hit its highest level for over a decade thanks to record low mortgage deals, low interest rates, decent rental yields and pension reforms opening up investment opportunities for the British public According to data published by [...]


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