In April 2007 the Tenant Deposit Scheme (TDS) will come into effect in England and Wales, overseeing deposits equating to an amount worth £1.2 billion, according to Communities.gov.uk. The TDS will provide protection to both tenants and landlords entering into assured short hold tenancy agreements by offering an independent and regulated means of dispute resolution. [...]
February 2007Â - Issue 16 ========================================================== Download the Newsletter Landlording is not an armchair investment, unless you have the capital behind you to sit back and not worry about interest rates, and to pay someone else to have all the management problems. Some of those who have been “shunted”? into an “oven ready”? investment package may [...]
We have today 8/2/07 been advised that the Local Authorities Coordinators of Regulatory Services (LACORS) are advising local authorities about the Tenancy Deposit Protection Service (The DPS) that runs the custodial scheme for tenancy deposits. The DPS – the only free deposit protection scheme – is open to all Landlords and Letting Agents. The service [...]
Being a landlord can be lucrative and it can give you a sense of pride in knowing that you actually own a property. However it can also be extremely stressful and expensive if any problems do arise and it is more than likely that they will! Poor tenants? Rent not being paid on time? Pets [...]
