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Avoid the Courts! Mediation Service Launches to help Landlords & Tenants resolve arguments

A tenancy mediation service has been launched today that aims to help landlords, letting agents and tenants sort out problems more cheaply and speedily than going through the courts. Property Redress Scheme has launched PRS Mediation earlier than planned to support landlords and tenants struggling with the impact of the pandemic. It says the Government is likely to continue urging them to negotiate and reach an agreement, rather than go to court in the future, as the confidential process allows disputes to be resolved much quicker and with less cost. ...

How changes in legislation will push agents to embrace modern technologies

With the looming implementation of the new Tenants Fees Bill, Professional Inventory Inspections are set to become an even more essential aspect of managing your properties. There are many aspects of this new regulation that will change the way you as a letting agent operate. Unable to charge your tenants for inventories performed, you are facing a bit of a conundrum. As a letting agent, you will need to charge your landlords for the time spent managing their properties. This can be a difficult task. Here is where you can make a difference!Your inventories will be...

Landlords urged to implement new fire regulations now

New regulations requiring landlords to install smoke and carbon monoxide alarms in their rental properties were laid before Parliament and are expected to come into force, subject to approval, on 10 October 2015. Under the new legislation, landlords will be required to install smoke alarms on every floor of the rental property and test them at the start of every tenancy. Carbon monoxide alarms must also be installed in all high risk rooms – such as those where a solid fuel heating system is installed. Landlords failing to meet the new regulations could face a civil penalty of up to...

UK rents increase to £824 per month

UK rents increase to £824 per month The average cost of renting a home in the UK increased by 0.8% during March to £824 per month. This is 6.5% higher than last year - and the largest annual increase since March 2011.Other headlines from the March 2014 HomeLet Rental Index show: Although Greater London saw a 0.2% monthly decrease in average rents, the average cost of renting a home in the capital is 7.3% higher than the same time last year Only four of the UK's regions saw monthly increases in average rental amounts The average amount a tenant earns in the UK increased...

   

News



April 2020 News



A tenancy mediation service has been launched today that aims to help landlords, letting agents and tenants sort out problems more cheaply and speedily than going through the courts. Property Redress Scheme has launched PRS Mediation earlier than planned to support landlords and tenants struggling with the impact of the pandemic. It says the Government is

 
 

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