The Association of Residential Letting Agents has released the text of its evidence to MPs probing so-called ‘revenge evictions’.
This year’s average two per cent rise in rents in prime central London will be beaten in 20125 by a predicted 2.5 per cent rise according to one of PCL’s top letting agents.
A Conservative council criticised for introducing a licensing system for HMO landlords says the scheme is justified because in recent years 92 per cent of private rental properties inspected have failed basic health and safety checks.
A row has broken out over a proposal by yet another local authority to introduce a selective licensing scheme which would require private landlords owning properties in certain areas of the town to obtain a £600 licence to operate.
A Liberal Democrat MP is accusing landlords of conducting so-called revenge evictions and re-letting properties where “unsanitary and unsafe conditions – such as exposed electrical wiring, severe damp, or serious infestations – are ignored.”
Lettings franchise giant Martin & Co has entered into a five-year £5m loan facility, less than a year after being listed on AIM and raising £4m in the process.
A body calling itself the Campaign Against Landlord Licensing is calling on those against local authority licensing regimes to contribute towards a judicial review of one council’s policy, seen as a test case which may determine the future of the policy elsewhere.
One of the three mandatory ombudsman schemes regulating lettings agents claims that 74 per cent of students have significant problems with their accommodation.