ARLA is urging member agents to have their say in a consultation exercise being mounted by the Scottish Government as part of its proposals to extensively reform the private rented sector.
A landlord must pay over £20,000 in fines and costs after pleading guilty to 28 offences relating to just two properties.
Landlords and agents are unreasonably pushing for ‘betterment’ or ‘new for old’ at the end of tenancies and have unrealistic expectations of what they can claim against deposits, according to the Association of Independent Inventory Clerks.
The head of one of the three mandatory redress schemes in the rental sector insists that, contrary to suggestions from some in the industry, “a significant proportion” of letting agents have yet to join.
HomeLet, which operates what it calls the largest monthly survey of private tenants in the UK, has produced a snapshot of the market showing rental growth and lettings activity beginning to slow.
Landlords disclosing buy to let and other property investment profits to HM Revenue & Customs may face waits of up to six months to have their disclosures analysed.
The compulsory redress scheme for letting agents introduced this month is welcome but does not go far enough according to Leaders.
Move with Us says rents across Britain increased by £66 a month over the past year to reach an average of £1,034 with several regions showing exceptional rises.
Lenwell Property Services, a lettings specialist for Bedfordshire and nearby areas, has acquired Milton Keynes agency Oakhill Residential Lettings in its latest expansion move.