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New guidance on setting up Client Money Protection schemes

By |2018-07-31T10:05:37+00:00July 31st, 2018|Property News|

The government has produced new guidelines on setting up client money protection schemes for the private rented sector. They are evidently aimed chiefly at existing schemes and those considering setting up new ones, but the Ministry of Housing, Communities and Local Government says the guidelines will also be of interest to...

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Shock figures: low take-up for licensing scheme that starts tomorrow

By |2018-07-31T10:05:38+00:00July 31st, 2018|Property News|

It appears that take-up of an apparently compulsory licensing scheme in one city has been shockingly low - and the scheme comes into effect tomorrow. The scheme is in Nottingham where the council is introducing a new selective licensing regime covering an estimated 32,000 privately rented homes. This is an estimated 91...

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Airbnb and short-let platforms under scrutiny again – this time from MPs

By |2018-07-31T10:05:40+00:00July 31st, 2018|Property News|

It’s been a difficult summer for Airbnb and other short-let platforms operating in the UK. Recently the European Commission gave Airbnb until the end of August to reveal how it intends to bring its terms and conditions into line with EU consumer rules; now MPs on the UK House of Commons All-Party...

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Central London agency reports record lettings results for first half-year

By |2018-07-31T10:05:39+00:00July 31st, 2018|Property News|

Chestertons has announced record lettings results for the first half of 2018, claiming growth in market share and increased productivity. The agency says that despite the number of available rental properties being 10 per cent lower than 2017, consistent with reduced supply across the lettings market, demand from tenants has risen...

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International students target shared accommodation

By |2018-07-31T10:05:42+00:00July 31st, 2018|Property News|

Appetite for student accommodation looks set to be high this summer, supported in part by strong demand from international students, which is good news for buy-to-let landlords investing in student houses. It would appear that Brexit is not deterring international students, as reflected by the number of people applying to UK...

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Cheshire East Council sets out on rogue landlord crackdown

By |2018-07-31T10:05:42+00:00July 31st, 2018|Property News|

Cheshire East Council has pledged to clampdown on rogue landlords who allow tenants to live in poor housing standards within the local area after amending its existing enforcement policy. Tough new penalties being introduced by Cheshire East Council, designed to ensure that people who are renting live in safe and good...

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BTL landlords offered fresh incentives to take in people at risk of homelessness

By |2018-07-31T10:05:44+00:00July 31st, 2018|Property News|

Free gas and electrical checks are among the incentives being offered to landlords with properties in Barrow-in-Furness in a bid to encourage them to accept people at risk of homelessness. The social housing shortage across Cumbria has left some local authorities with little alternative but to think of new ways to...

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The Swansea BS team up with TBMC to offer BTL and holiday let products

By |2018-07-31T10:05:43+00:00July 31st, 2018|Property News|

The Swansea Building Society will now offer its buy-to-let and holiday let products through TBMC’s mortgage panel after joining forces with the buy-to-let specialist. The products are available to landlords acquiring or remortgaging buy-to-let or holiday let properties in Wales and the Welsh borders. Alun Williams, chief executive of Swansea Building Society,...

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Lettings agency conned out of £34,000 by employee

By |2018-07-30T10:02:25+00:00July 30th, 2018|Property News|

The former office manager of an estate agency in Scunthorpe conned her employer out of over £34,000, a court has heard. Local media outlets report that Karen Blakey has pleaded guilty to four charges of fraud and three charges of false accountancy while employed by Grice & Hunter estate agency between...

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Tenants’ Fees Bill – date set for next stage on path to becoming law

By |2018-07-30T10:02:26+00:00July 30th, 2018|Property News|

The government has announced that the Report Stage for the Tenants’ Fees Bill will be held on September 5, the day after the House of Commons returns from its summer recess. So far the Tenants’ Fees Bill has been through three of the stages which all Bills go through en route...

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