The Tenant Fees Act came into force on 1st June 2019 for new tenancies and was then extended to cover all tenancies on 1st June 2020. At the centre of the new rules is a ban on tenant fees, including admin and agency fees.Continue reading “Tenant Fees Act (2019): What Landlords & Tenants Need to Know”
Landlords with properties in England will need to conduct an Electrical Installation Condition Report (EICR) in order to let their English properties from 1st July 2020. The requirement will extend to all tenancies in England from 1st April 2021.Continue reading “New EICR Rules: Electrical Checks Become Mandatory for Rented Property from 1st July 2020”
Any activities related to the sale or letting of property in England will be allowed from Wednesday, 13th May, as long as other coronavirus guidance is followed. To help all parties remain safe, the Government is asking landlords to perform as much of the lettings process online as possible.Continue reading “Lockdown Lifted for Lettings Industry”
You are no longer able to create new tenancies in England and Wales without an EPC rating of E or above. From April 2020, the new rules apply to existing tenancies. Over one million dwellings would not currently pass the new rules, and could face huge fines.Continue reading “Time Running Out for Landlords Meeting New EPC Rules (April 2020)”
Landlords who sell their rental properties will have just 30 days to pay their tax bill. The new rules begin on 6th April. Landlords who fail to comply could pay thousands in penalty fines.Continue reading “New Capital Gains Tax Rule Gives Landlords Just 30 Days to Pay”
If you have breached the new rules on tenant fees, then you won’t be able to evict your tenants using Section 21.Continue reading “Section 21 Notices Are Invalid When the Landlord Breaches the Tenant Fees Ban”
We know that you will be considering how the plans of each party will affect you as a landlord at this general election.
To help you quickly get a grasp on the main positions of each party, we have written a summary of what the three large national parties (the Conservatives, Labour and Liberal Democrats) are promising in their manifestos.Continue reading “Landlord Guide to the UK General Election 2019”
Feature Spotlights show you all the neat little things OpenRent does that make your life easier.
Since 2018, we’ve helped thousands of OpenRent tenants move home with our free tenancy concierge service. Tenants absolutely love this service, but it’s not something we talk about a lot — especially with landlords.Continue reading “Feature Spotlight: Tenant Concierge”
Step-by-Step Guides for All Three Deposit Schemes
The Tenant Fees Acts (2019) brought in a cap for tenancy deposits. The rules apply to new tenancies from 1st June 2019 and cap tenancy deposits to a maximum of five times the weekly rent for the property.Continue reading “How to Partially Repay a Tenancy Deposit and Return Amounts in Excess of Five Week Cap”
Many rented homes suffer from black mould and condensation on windows, frames and walls. But what causes damp and how it can be treated? And who is responsible for getting rid of it?Continue reading “How to Get Rid of Damp, Mould and Condensation in Rented Homes”