Social News

Rents rise further

Rents rise further as BTL landlords flee the market and stock falls

Written by: Marc Da Silva Source: Property Industry Eye

Tenants staying for longer

Tenants staying for longer to avoid being faced with higher rents

Written by: Marc Da Silva Source: Property Industry Eye

Call for 80% rental income guarantee for small landlords

Call for 80% rental income guarantee for small landlords

Written by: Eye Correspondent Source: Property Industry Eye

Agents ‘told’ to close offices and cancel viewings while removals firms advised to call off home moves

Agents ‘told’ to close offices and cancel viewings while removals firms advised to call off home moves

Written by: Rosalind Renshaw Source: Property Industry Eye

Britain closes down: Shops shut, orders to stay at home – everything changes

Britain closes down: Shops shut, orders to stay at home – everything changes

Written by: Rosalind Renshaw Source: Property Industry Eye

Fees

Refundable Holding deposit - Capped at 1 weeks rent

Security Deposit - Capped at 5 weeks rent for annual rental under £50,000, or 6 weeks rent for annual rental over £50,000

Rent - The agreed monthly rent

Changes to tenancy - Capped at £50 inc VAT

Early termination charge - Not exceeding the landlord’s financial losses

Late payment of rent - Interest of 3% above BoE base rate for each day the rent is late, once it is 14 days overdue

Replacement keys - Reasonable costs or give the tenant the option to purchase themselves

Utilities, council tax, communication services, TV Licence etc - Tenants own responsibility unless otherwise stated in contract

Client Money Protection Scheme Membership details - SafeAgent Membership :A2134

Property Redress Scheme Membership details - The Property Ombudsman, Membership Number : L00086