Letting Agents
Analysis suggests ban on lettings fees will not have major finance impact for landlords
Private sector landlords in the UK are not facing large extra costs due to the new ban on letting agent fees with the financial impact amounting to around £25 a month on average, according to new research. If letting agents pass on the cost to landlords it will amount to a loss of just 0.14% […] The post Analysis suggests ban on lettings fees will not have major finance impact for landlords appeared first on PropertyWire . Continue reading →
Letting agent fee ban will lead to higher rents, industry warns
The decision by the Chancellor of the Exchequer to ban letting agent’s fees in England and Wales could backfire and end up leading to rent rises, according to the industry. Philip Hammond announced in his autumn statement that the ban will help 4.3 million households in private rental housing and stop them being hit by […] The post Letting agent fee ban will lead to higher rents, industry warns appeared first on PropertyWire . Continue reading →
Cleaning, damage and decoration cause most disputes in UK rented sector
New research from the Tenancy Deposit Scheme annual survey reveals that cleaning issues make up 57% of all disputes in the private rented sector in the UK. This is more than damage to fixtures and fittings which account for 51% of disputes between landlords and tenants and interior decoration which makes up 32% while rent […] The post Cleaning, damage and decoration cause most disputes in UK rented sector appeared first on PropertyWire . Continue reading →