LETTING AGENTS AND LANDLORDS FACING SURGE IN DISREPAIR CLAIMS
Recent research reveals there has been an exponential rise in disrepair claims over the past five years, with more than £55.1m paid out across 70 English councils that own their own stock. (Source: Inside Housing, February 2022). Legal costs nearly doubled between 2017-18 and 2020-2021, while the number of cases increased by 132%. Of the councils […]
Webinar with Woodstock Legal Services
Property solicitor, Carly Jermyn from Woodstock Legal Services joins our CEO, Richard Murray and Dan Anslow, Head of Product and Delivery to discuss forthcoming legislation and the worrying rise in dodgy repair claims, often supported by ‘no-win, no-fee’ legal firms.
Should the let-only landlord be put on the endangered species list?
The days of the let only landlord may be numbered, if industry pundits are to be believed. Citing an increase in cases of compliance clamp downs and vicarious liability claims being brought against lettings agents there is a push towards making the let only service a thing of the past. Despite the value of let-only […]
Diversification of the High Street and what it means for Residential Lettings
Boots have joined other high street names such as Lloyds Bank and John Lewis as companies diversifying into the residential property market. This seems to be an interesting trend amongst these retail giants, not least because these companies will be best placed to lead the debate on what happens to vast swathes of commercial property […]
What Is Breathing Space?
The introduction of The Debt Respite Scheme (also known by its more catchier moniker of the Breathing Space Moratorium and Mental Health Crisis Moratorium) at the beginning of the month. Under these new regulations a person in debt can seek a moratorium from an approved debt provider. These new regulations change the way that property […]
New Right To Rent Guide For Landlords With Covid-19 Changes
The government has published an updated Right to Rent guide, effective from November 2020. The updated version is designed to minimise the effects of Covid-19 on hindering landlords to confirm the eligibility of prospective tenants and includes temporary changes to the way letting agents and landlords can conduct checks and individuals can prove their right […]
Housing Complaints Resolution Service
LETTINGS REDRESS SCHEMES In January 2019 a new Housing Complaints Resolution Service was announced for the entire housing market by the Communities Secretary, The Rt Hon James Brokenshire MP. Estate and Lettings Agents have had a legal requirement to join a redress scheme for many years and the legislation will now apply to landlords as […]
Council Licensing Schemes
COUNCIL LICENSING SCHEMES Currently, over half of London boroughs are operating additional licensing schemes, likely with more to come and each council decides which HMOs require a license. Trading standards can be quite heavy-handed with issuing penalties and these often fall on inexperienced or first-time landlords, especially those who have not used a regulated agent, […]
Updating your Anti-Money Laundering Process
Dirty Money. Know the Signs. Report the Crime. The Government’s new “Flag it up” campaign targets UK Money Laundering and is aimed at increasing awareness among estate agents, accountants and solicitors of their obligations with regards to Anti-Money Laundering. Criminals continue to employ a range of ‘techniques’ to clean their “dirty money” and the property […]
Changes for Tenants Claiming Universal Credit
Accepting Housing Benefit tenants into the Private Rental Sector has always been fraught with issues, more often than not, down to the Local Council payment procedures and the difficulty of getting anything sorted when an issue occurs. On top of that, there is a big black cloud over the entire Housing Benefit system, called the […]