Search Results for: Tenant Fees Act

  • Latest property newsSafe Agent logo
    Regulation & Law

    Client Money Protection amendments

    In the House of Lords the debate has been raging about Client Money Protection. Lord Monroe Palmer (left) who proposed the changes to the Housing Bill wrote, “The Government has back-pedalled and tenants have won.” “The Housing Bill has continued in its long worn out path through the Lords. The Liberal Democrats have been battling to make changes to a Bill which will currently only worsen the housing crisis, reducing the availability of housing and moving the first rung of the housing ladder even further out of reach. “Across the past fortnight, the Government has been forced to back pedal on a number of measures. This week they made a significant concession on protections for tenants at the hands of rogue letting agents. An amendment with my name on it had been put forward which ensured that money belonging to tenants for use as holding fees, deposits, rent, or service charges by letting agents, was protected. 20 per cent of the letting agent sector does not have protection for client money. “The amendment we put down was targeted at protecting the fifth of the industry in which tenants and landlords remain at risk. People risk losing their money if a…

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  • FeaturesProperties with leaseholds/freeholds image
    Regulation & Law

    Love thy neighbour

    Falling out with neighbours is a bad idea, says Andrew Symington, so leaseholders need to tread carefully and understand the implications of shared freeholds.

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  • FeaturesProtecting people image
    Regulation & Law

    Professional Negligence

    Oliver Wharmby, of Lonsdale Insurance Brokers, discusses the professional risks associated with letting and managing residential property.

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  • Products & ServicesProtecting money image
    Products & Services

    Tenancy deposit protection

    It’s mandatory but there are choices – which one is best to protect your business and your clients?

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  • Regulation & LawEviction knock image
    Regulation & Law

    Knock knock…

    Evicting a problem tenant? A wave of new legislation slammed into the lettings industry last year and there’s more to come. What, asks Nigel Lewis, does it mean for landlords and agents dealing with problem tenants?

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  • Associations & Bodies
    Associations & Bodies

    Question time

    Have you ever wanted to collar the industry’s leaders and get stuck into a decent debate about the challenges and future of the industry? Nigel Lewis puts them to the test.

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  • Products & ServicesProperty software solutions image
    Products & Services

    Does your computer say ‘yes’?

    Property software used to be inflexible box of tricks, but that’s all changing. Nigel Lewis examines this geeky revolution.

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  • Products & Services
    Products & Services

    Sofa, so good for Build to Rent?

    As tenants move into the UK’s first Build to Rent apartments, Nigel Lewis discovers that in this new sector it’s not just the flat that your rent, it’s the whole shebang.

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  • Latest property newsRent Smart Wales
    Regulation & Law

    New law for lettings agents in Wales

    A new registration and licensing system for landlords and lettings agents was introduced in Wales this week, as part of the Rent Smart Wales initiative. Under the new law, which came into play on Monday, with a view to improve letting and management standards for people who rent private accommodation in Wales,landlords and agents are now required to take part in a new registration and licensing scheme, which forms a key part of The Housing (Wales) Act 2014. Landlords who need to register, and landlords and agents who need to become licensed, can now register and apply for a licence. They have 12 months from 23rdNovember 2015 in which to comply with the new legislation. During this first year there will be a focus on raising awareness of the new requirements and encouraging compliance. This new law sees Wales become the first country in the UK where managing landlords and agents are obliged to obtain a new type of licence as well as undertake training to ensure they are aware of their rights and responsibilities. The new Rent Smart Wales scheme replaces the previous voluntary Landlord Accreditation Wales initiative, which was operated by Cardiff Council on behalf of all local…

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  • Regulation & Lawpassport on map image
    Regulation & Law

    Right to Rent policy to be rolled-out

    The Home Office has announced plans to roll-out the Government’s Right to Rent policy across England, following a successful pilot in the West Midlands. From the start of February next year all private landlords letting property in England will be required to check the immigration status – or right-to-rent – of prospective tenants before agreeing to establish a new tenancy. Announcements concerning the implementation in Scotland, Wales and Northern Ireland are expected at a later date. Richard Lambert (left), Chief Executive Officer at the NLA, said, “This policy is causing great concern among landlords so we’re pleased that those with properties in England finally have clarity over when the scheme will be rolled out. “With just over three months to go it’s vital landlords familiarise themselves with what they will need to do to properly check their tenants in order to steer clear of breaking the law come February, especially because those who fail to do so could wind up in jail.” The Home Office’s evaluation of the scheme so far seems to show that landlords’ experience of carrying out right to rent checks is not as bad as the perception of the problems they will cause, but Daniel Watney…

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