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Arnie Newington
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my expertise in the industry

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Arnie Newington

From: Arnie Newington 08 June 2018 10:57 AM

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From: Arnie Newington 23 November 2017 08:58 AM

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From: Arnie Newington 26 July 2017 14:10 PM

Arnie Newington
This issue has been driven by Shelter. My opinion is that to save an average £233 fee the evidence shows that in Scotland it has cost tenants an extra £149 rent per month in rent so this policy is not in anyone's best interest. What I have noticed is that Shelter are using different language regarding rent increases in Scotland. When talking about increases in rents in Scotland generally they say: Adam Lang, head of policy at Shelter Scotland, said rents had soared in recent years while wages had remained stagnant. “So a great many people see a bigger chunk of their income going to pay for housing costs, which makes it really hard to save". “At the heart of the problem is the fact that demand for houses far outstrips supply which is why we urgently need a step-change in the provision of truly affordable housing. “We need at least 12,000 affordable homes built across Scotland each year for the current parliament just to meet demand. “Next year will see the introduction of a new tenancy regime in Scotland which will make it harder for landlords to evict tenants without good reason and will also limit rent increases to once a year. “Tenants will also be able to appeal to a rent officer if they feel the increase is unfair. http://www.edinburghnews.scotsman.com/news/business/rents-in-edinburgh-set-to-soar-20-in-five-years-1-4390128 However when asked if rents in Scotland have risen due to the ban on letting agent fees they say: Many industry insiders had predicted that abolishing fees would impact on rents for tenants, but our research show that this hasn’t been the case. The evidence showed that landlords in Scotland were no more likely to have increased rents since 2012 than landlords elsewhere in the UK. It found that where rents had risen more in Scotland than in other comparable parts of the UK in 2013, it was explained by economic factors and not related to the clarification of the law on letting fees. http://blog.scotland.shelter.org.uk/2016/11/23/scotlands-experience-of-abolishing-letting-agent-fees/ So if wages have remained flat (as per evening news article) then what are the economic factors that Shelter are referring to in their blog? Simple answer increased anti landlord/letting agent legislation in Scotland is feeding through into higher rents.

From: Arnie Newington 20 March 2017 09:24 AM

Arnie Newington

From: Arnie Newington 16 February 2017 11:30 AM

Arnie Newington

From: Arnie Newington 08 February 2017 09:10 AM