Many tenants have seen a substantial or even total loss of income during the COVID-19 shutdown. Some landlords have responded to this by offering a ‘rent holiday’. I wrote in a previous post about how landlords and tenants could agree a temporary rent reduction without falling into any legal traps.Continue reading “How to Agree a Rent Repayment Plan”
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”
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”
The Government has announced a raft of measures to support landlords and tenants through the coronavirus emergency. Things are moving very quickly and this guide will be regularly updated as more details emerge.Continue reading “Landlord Guide to COVID-19 Emergency Measures”
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”
High street agents take up to 15% of your rent to manage your property. That can easily be over £1,000 a year, per property. So even if you don’t want to manage the property yourself, you need to ask yourself whether this is good value — and seriously consider the alternatives.
Confused about rental fees and costs? When you are about to rent a property, there are several different types of payment you will have to make. The main four are:
- the holding deposit
- the tenancy deposit
- rent in advance (usually one month’s worth)
‘DSS’ is the lettings industry term for tenants who rely on benefits to pay all or some of their rent. These tenants can find it harder to find homes to rent than tenants in full time employment.
Sadiq Khan, Mayor of London, has published a report demanding he gain the ability to impose rent controls on the London rental market.
On 1st June 2019, tenant fees were banned in England. We’ve always been against charging tenants these unfair fees, so we decided to celebrate with a competition.