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mydeposits Issues Deposit Scam Warning

mydeposits Issues Deposit Scam Warning

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Deposit Scheme Scam: Mydeposits says it is aware of a new scam being used by a fraudulent company imitating mydeposits and targeting landlords and letting agent members of the mydeposits Custodial scheme in England & Wales.The scam uses an email which imitates one from m

Landlords and Agents Reminded about Burst Pipes

Landlords and Agents Reminded about Burst Pipes

Information

Freezing Pipes: This time of year, as we head towards colder weather and freezing conditions, buy-to-let properties and indeed all rental properties are vulnerable to potentially expensive winter water damageIn this article digital inventory app developer Imfuna Le

Rent-free period

Rent-free period

Information

Guide to commercial tenancy rent-free periods and full repairing leases, explaining tenant obligations on lease expiry or termination.

Safety Standards for Blinds and Curtains

Safety Standards for Blinds and Curtains

Information

Landlords and letting agents should by now be conversant with the 2014 regulations on blinds and curtains and the measures necessary to prevent accidents with children. It is particularly important to ensure that blinds and curtains supplied in rental properties meet these regulations, otherwise,

Repair Reporting Issues and Section 21

Repair Reporting Issues and Section 21

Information

Changes to the law on Section 21 and in particular how landlords deal with reported repair issues is now of crucial importance if section 21 claims for possession are to be successful. Careful pre-planning is now essential at the time of setting-up Assured Shorthold Tenancies (AST).The Section 21

Assessing Covenant Strength

Assessing Covenant Strength

Information

Understand how to assess tenant covenant strength and why it’s key to commercial property investment decisions.

Holding or Pre-Contract Deposits

Holding or Pre-Contract Deposits

Information

I have always found the holding deposit (an initial retainer paid to the landlord or agent to reserve a tenancy) is a very useful device to commit the tenant to your letting. But is it legal to withhold the advance deposit you take from a prospective tenant if they back out?In my experience a pro

Tenancy Deposit Documentation

Tenancy Deposit Documentation

Information

What do I need to do when I protect my tenant/s deposit? If you take a deposit from your tenant/s you MUST protect the deposit and serve your tenants with the correct documentation within 30 days or face having to pay a fine and the prospect that you cannot use the s21 evict

ITZA revisited

ITZA revisited

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A clear explanation of ITZA and rent review zoning — why old ITZA measurements may not always apply in new rent reviews.

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'We're seeing mostly older landlords selling up' says agency boss

'We're seeing mostly older landlords selling up' says agency boss

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An exodus of older landlords is paving the way for build-to-rent investors and younger landlords looking to capitalise on higher yield properties, according to a big estate agency boss.

Landlord property repossessions continue upward trajectory

Landlord property repossessions continue upward trajectory

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At least 710 buy-to-let mortgaged properties were repossessed in the second quarter of the year, 13% up on the previous quarter and 51% up year-on-year.

OpenRent and Rightmove's 'war of words' ends with new deal

OpenRent and Rightmove's 'war of words' ends with new deal

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Online lettings firm OpenRent and Rightmove have signed a new property listings deal after several weeks of corporate brinkmanship over fees.

COURTS: Time to evict a tenant jumps 15% to 25 weeks

COURTS: Time to evict a tenant jumps 15% to 25 weeks

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The average time from claim to landlord repossession has jumped to 25.4 weeks, up from 22.1 weeks in the same period in 2023, according to the latest government figures.

'Supply of rented property thinning out, and Labour's not helping'

'Supply of rented property thinning out, and Labour's not helping'

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Gloomy letting agents have reported a fall-off in private rentals coming onto the market around the country.

How to turn non-profitable headache portfolios into slick, high profit machines again

How to turn non-profitable headache portfolios into slick, high profit machines again

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Landlord Sales Agency has been touted as the UK’s best company for landlords to go to who are looking to increase the profits of their property portfolios.

Reeves dodges ruling out CGT increases for landlords

Reeves dodges ruling out CGT increases for landlords

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Chancellor of the Exchequer Rachel Reeves has refused to rule out increasing capital gains tax for landlords selling their rental properties during interview with a US business TV channel.

London's high rents causing big problems for recruiters

London's high rents causing big problems for recruiters

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A business consultancy has warned that London’s high rents mean many companies in the capital are struggling to recruit staff as younger jobseekers look for employment elsewhere in order to access lower-cost homes.

Protesters strike again as cash-strapped council disposes of properties

Protesters strike again as cash-strapped council disposes of properties

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Cash strapped Somerset Council has County Hall vandalised for fourth time...

Councillors in big south coast city back rent controls

Councillors in big south coast city back rent controls

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Councillors in Brighton have backed a petition by campaign group Living Rent to introduce rent controls during a debate yesterday at its monthly full council meeting.

'New model rental contracts in Wales put deposits in jeapordy'

'New model rental contracts in Wales put deposits in jeapordy'

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Landlords in Wales have found themselves unable to make deductions to deposits when using occupation contract templates, it has been claimed.

Selective licencing given green light in 'blighted' seaside town

Selective licencing given green light in 'blighted' seaside town

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Northumberland council is the latest to approve more selective licencing with two wards in the seaside town of Blythe.

Landlord minister joins new Labour housing team

Landlord minister joins new Labour housing team

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Five new housing ministers have been tasked with helping the government deliver homes and reform the PRS – and one of them is a landlord.

Labour told to address dire rental supply problem

Labour told to address dire rental supply problem

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Frustrated surveyors have urged the government to introduce fair legislation that increases supply as landlords continue to quit the sector.

WARNING: Hasty eviction reforms will be 'nail in coffin' of PRS

WARNING: Hasty eviction reforms will be 'nail in coffin' of PRS

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Propertymark has warned that abolishing Section 21 without an adequate replacement mechanism will add 'another nail in the coffin' of the PRS.

Council to launch third licencing scheme charging £609

Council to launch third licencing scheme charging £609

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Salford Council is to launch a consultation into reviving one of its selective licencing schemes - offering landlords slightly cheaper licences than eight years ago.

POLL: Higher costs to force 85% of landlords to raise rents

POLL: Higher costs to force 85% of landlords to raise rents

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Most buy-to-let landlords plan to raise rents in the next 12 months after being hammered by higher interest rates and operating costs.

Rental arrears ease as cost-of-living crisis recedes

Rental arrears ease as cost-of-living crisis recedes

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Fewer tenants are going into rent arrears, according to the latest figures from Handelsbanken.

Idea of rent caps 'scares the life out of landlords' warns Shamplina

Idea of rent caps 'scares the life out of landlords' warns Shamplina

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Podcast
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Paul Shamplina warns that introducing rent caps could drive landlords out of the market, potentially worsening housing supply issues.

Decison imminent on new EPC target for landlords

Decison imminent on new EPC target for landlords

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Private landlords are about to get a new deadline for making energy efficiency improvements to their properties.

Will Labour improve a dysfunctional housing market, or destroy it?

Will Labour improve a dysfunctional housing market, or destroy it?

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Tom Entwistle considers the current state of the UK housing market and how it could be affected by Labour’s policies

Midlands council reveals start date for £1,000 a property HMO licences

Midlands council reveals start date for £1,000 a property HMO licences

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More HMO landlords in the West Midlands borough of Sandwell face paying £1,000 for a licence after the council gave the go-ahead to an extended additional scheme to go live on October 1st 2024.

Plan revealed by Yorkshire city to 'get tough' on landlords

Plan revealed by Yorkshire city to 'get tough' on landlords

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Sheffield Council is about to get tougher on private landlords as part of a new 10-year plan to improve the city’s housing.

Labour has just one job to do - stabilise the rental market, says agency

Labour has just one job to do - stabilise the rental market, says agency

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Good landlords have little to fear from a Labour government if it can stabilise the economy to support the property market and make renting easier and less volatile, according to one letting agent.

'Levelling up' dropped by Angela Rayner from housing department name

'Levelling up' dropped by Angela Rayner from housing department name

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Angela Rayner has revealed that the Department of Levelling Up, Housing and Communities that it is to drop ‘levelling up’ from its name and concentrate on ‘basics not gimmicks’.

Kemi Badenoch named shadow housing secretary by Sunak

Kemi Badenoch named shadow housing secretary by Sunak

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Wannabe Tory leader Kemi Badenoch has been appointed by Rishi Sunak as his shadow housing secretary.

Cut your losses says landlord: Why this month’s mortgage rates are causing landlords to sell

Cut your losses says landlord: Why this month’s mortgage rates are causing landlords to sell

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If you were looking for a sign on whether or not to downsize or expand your property portfolio, this weeks’ news provided mixed messages on how landlords might be affected by Buy-to-let (BTL) mortgage rates.

Introducing Portfolio

Introducing Portfolio

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Introducing Portfolio: discover our new digital resource designed to streamline landlord operations.

Chancellor confirms no-fault Section 21 evictions ban

Chancellor confirms no-fault Section 21 evictions ban

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Chancellor Rachel Reeves has today revealed Labour’s post-election plans to get the housing market moving but also confirms Section 21 evictions will go.

Khan eyeing more housing powers after Labour victory

Khan eyeing more housing powers after Labour victory

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London Mayor Sadiq Khan is confident he will be able to push ahead with a massive house building programme in the capital and new powers to control the housing market.

Landlord in hot water over 'no WFH' rental advert

Landlord in hot water over 'no WFH' rental advert

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A landlord has got into hot water for telling prospective tenants that they’re not allowed to work from home.

Coroner calls for landlord register following tenant death

Coroner calls for landlord register following tenant death

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A coroner has called on the government to set up a private landlord register in England after the mould-related death of a tenant.

Britain's youngest MP makes shock promise to campaign for tenants

Britain's youngest MP makes shock promise to campaign for tenants

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The UK’s youngest MP Sam Carling has revealed that he will work in parliament to improve the lot of renters following his shock victory in the General Election.

Matthew Pennycook appointed as Labour housing minister

Matthew Pennycook appointed as Labour housing minister

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Landlords may be relieved to hear that a Labour MP with experience of the private rented sector has been appointed to the Government.