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Huge 30% fall in buy to let purchases in just three years

By |2018-10-15T10:02:30+00:00October 15th, 2018|Property News|

Countrywide says landlords spent £12.1 billion buying rental properties in the first half of this year - a full 30 per cent less than three years ago. Research from the agency group’s Hamptons International brand says the value of homes purchased by landlords is now at its lowest level in five...

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Brexit warning issued by HomeLet chief executive

By |2018-10-15T10:02:33+00:00October 15th, 2018|Property News|

Brexit is causing concern among landlords, according to HomeLet. The initial results of HomeLet’s annual landlord survey says nine out of 10 landlords intend to either keep or expand their property portfolio in the next year. However, HomeLet says the potential impacts of Brexit rate highly among landlords’ main concerns, along with the...

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Arrears rocket for tenants on Universal Credit

By |2018-10-15T10:02:32+00:00October 15th, 2018|Property News|

Around two thirds of private landlords with tenants receiving Universal Credit have experienced rent arrears according to new research. Based on responses from over 2,200 landlords, the Residential Landlord Association’s research exchange PEARL has found that 61 per cent of landlords with tenants on Universal Credit have experienced them going into rent arrears.  This...

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Sharp rise in rent arrears involving tenants on Universal Credit

By |2018-10-15T10:02:35+00:00October 15th, 2018|Property News|

Universal Credit was described by one national newspaper as an ‘ill-conceived shambles’ over the weekend, after former prime ministers Gordon Brown and John Major suggested that the government’s plans to complete the roll-out of Universal Credit risked provoking a response similar to the civil disorder that greeted the poll tax. The...

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LGBT activists hold ‘kiss-in’ protest after landlord allegedly rejected female couple

By |2018-10-15T10:02:36+00:00October 15th, 2018|Property News|

LGBT charities and activists staged a ‘kiss-in’ protest outside a north London letting agency last week after a lesbian couple were apparently denied a flat by a landlord last May. A large group of LGBT people gathered outside Wood Green Estates to voice their opposition to the couple’s treatment. They claim that...

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LetHQ launches new rent guarantee service

By |2018-10-15T10:02:41+00:00October 15th, 2018|Property News|

LetHQ has launched a new rent guarantee service to help safeguard landlords from losing out on rental income. Unpaid rent and rent arrears are a major worry for landlords, especially those with a mortgage on the property. To help protect landlords from losing out on rental income, LetHQ has become the latest...

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Government announces plans to improve property agent standards

By |2018-10-15T10:02:39+00:00October 15th, 2018|Property News|

New plans to raise standards across the property agent sector have been unveiled by the housing minister Heather Wheeler. A new working group made up of experts from across the property sector will consider options. This will include the case for regulation and the introduction of mandatory qualifications for all property...

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RentPassport and DepositFree insurance trial to take place in Scotland

By |2018-10-15T10:02:38+00:00October 15th, 2018|Property News|

Canopy, the UK property rental market app has teamed up with Rettie & Co. to trial RentPassport and DepositFree insurance at the recently launched Harbour Gateway mid-market Build to Rent (BTR) development in Edinburgh.  The new scheme enables renters to pay their rent via Canopy’s free to use RentPassport, which is...

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Agent attacks lettings industry for ‘immoral’ and ‘below the belt’ fees

By |2018-10-12T10:03:41+00:00October 12th, 2018|Property News|

The head of the online lettings agency recently scooped up by Emoov says traditional lettings agents have made a rod for their own back over fees because they have exploited tenants. Adam Male, director of letting at Urban, says the Tenants’ Fees Bill is a step in the right direction for...

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Make Tenants’ Fees Bill even tougher, demands consumer charity

By |2018-10-12T10:03:43+00:00October 12th, 2018|Property News|

A call has been made for the Tenants’ Fees Bill to be made even stricter following a claim that over a third of tenants are only told about additional fees that could be charged during their tenancy after putting down money. Citizens Advice claims tenants can easily be “trapped” into unfair...

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