Interest rates to be cut next week – senior economists’ forecast
It has been at a 16-year high of 5.25% since last August and the Bank of England next meets to consider a change on Thursday next…
It has been at a 16-year high of 5.25% since last August and the Bank of England next meets to consider a change on Thursday next…
The private rental sector will become subject to the same building safety rules that already apply to social housing providers under the new Renters…
The comment by Paul Buck – lettings director at Boydens agency – is contained in a statement from deposit alternative service Reposit, which claims it sales rose by 28% in the first half…
Your Move Chris Stonock says it aims to support one of the UK's most critical paediatric units, the Children’s Heart Unit Fund…
During his time as Housing Secretary he was no stranger to controversy.
In 2020 The Sunday Times reported Jenrick had claimed expenses of over £100,000 for "a third home" in his constituency of…
Welcome to our weekly Newsround, where we bring you highlights of housing news and more.
Rightmove states that the rental market is showing no signs of letting up and the number of enquiries per property is now 17. This is more than double than in 2019. but lower than last year which was 26 per property.
This has pushed rents up, whilst the number of available rental properties is still 20% below pre pandemic levels and 22% more tenants are looking to move more than in pre pandemic 2019.
Their research shows that around 120,000 more properties are needed to bring the rental price back to pre pandemic levels. Rightmove is calling for more support for landlords from the government to encourage investment and making properties more energy efficient. Tim Bannister of Rightmove said
With 17 enquiries for every available rental property, the market remains out of balance and difficult for tenants. We need landlord investment to increase stock and help achieve a healthier supply and demand balance in the market.
Zoopla has written to the government with recommendations to raise the standards of letting agents. They have recommended:-
They hope do this via training and education, and setting minimum standards, which they say should then improve the quality of rental homes. This should be achieved by making training mandatory for all those who work in the PRS sector. At present anyone can let a property with no specific requirements, mandatory training should be across the board.
The board also supports the introduction of a private rented property database, which is currently in the Renters Rights Bill.
Nicola Thivessen, chair of Zoopla’s Lettings Advisory Board says
The Board remains keen to see the introduction of mandatory qualifications for those operating in the PRS and we encourage the government to review and prioritise this in future legislation, to ensure a minimum standard of knowledge and support for tenants.
A landlord has been ordered to pay back £800 holding deposit to a prospective tenant as she failed to disclose a clause in her tenancy agreement that stated ‘A guest is welcome and is charged £30 per night’.
The prospective tenant viewed the room and paid the holding deposit, he then found the clause and asked for it to be removed, which the landlord refused. There was an argument over how much of the holding deposit should be returned and the landlord falsely claimed that she had previously disclosed the guest charge during the viewing.
The tribunal ruled that because they had not entered into an agreement, the holding deposit was a prohibited payment under the Tenant Fees Act and was to repaid in full.
This is a case that exemplifies the Court’s power to extend time limits. A social tenant applied to the Court of Appeal for permission to appeal against her possession order. The application was out of time and she applied for extension.
This was refused as the delay was significant and her case was considered weak.
City lauds highly unusual approach to ‘non-compliant’ landlords
Landlord’s appeal against huge rent repayment order fails
The real cost of making a property energy efficient
Half of ombudsman complaints from London residents
UK housing decarbonisation to accelerate by up to 13 times faster under Labour plans
What would the Monopoly board look like with modern house prices?
Newsround will be back next week.
The post Landlord Law Newsround #349 appeared first on The Landlord Law Blog.
Fine & Country hosted an event featuring Josh Phegan, whose presentation covered lead generation for lettings and sales, as well as marketing, fees, strategies for sealing deals, and how to handle complaints.
The training…
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