Property Industry News

Government urged to address ‘baffling’ housing complaints system

Wed, 18 Jul 2018 12:00:10 GMT
A single housing ombudsman is crucial to ensure that the current system for complaining about housing is no longer confusing, according to the Ombudsman Services. The government is being urged to simplify the system of consumer complaints in housing and property to help eradicate the “ [...]
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Rent arrears are a ‘real and serious issue’ for landlords, RentalStep warns

Wed, 18 Jul 2018 12:00:07 GMT
The number of tenants falling behind with their rent payments is likely to rise if rents continue to increase and wage growth remains sluggish, according to RentalStep. The PropTech startup is warning landlords to take note of the fact that some tenants may find it more difficult t [...]
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Landlords welcome MPs fire safety plans

Wed, 18 Jul 2018 12:00:06 GMT
A call by a Parliamentary committee for the government to fund certain fire safety improvements in privately owned residential blocks has been warmly welcomed by landlords. In its report responding to the Hackitt Review into building and fire safety, the Ministry of Housing, Communities and [...]
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Fixflo launches new landlord survey – have your say

Wed, 18 Jul 2018 12:00:02 GMT
Buy-to-let landlords across the UK are being invited to have their say on what they think of letting agents and other aspects of the private rented sector in a new survey.   The Fixflo survey, which will run until Friday 31st August, aims to gauge the opinions of landlords around the c [...]
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Letting market activity continues to pick up momentum

Tue, 17 Jul 2018 12:00:09 GMT
There has been a further improvement in the letting market, according to board company Agency Express. The number of new rental property listings ‘to let’ increased by 7.8% during June compared to the previous month, while the volume of properties ‘let’ was up 7.4% du [...]
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Evicting problem tenants can take up to 17 weeks and ‘cost a lot of money’

Tue, 17 Jul 2018 12:00:08 GMT
Rogue landlords who break the law and exploit vulnerable tenants often make headlines, but spare a thought for landlords who are forced to deal with tenants from hell. There are times when a landlord will have no alternative but to make a claim for possession of their property because their [...]
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Tenancy deposit theft total hits almost £1m in just six months

Tue, 17 Jul 2018 12:00:04 GMT
Rogue letting agents and landlords have reportedly been convicted of stealing almost £1m worth of tenancy deposits so far this year, new analysis from deposit-free renting firm Dlighted has revealed. Anti-deposit campaigner Ajay Jagota of Dlighted, who keeps a running total of the cash [...]
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Principality reduces 5-year fixed rate deal

Tue, 17 Jul 2018 12:00:02 GMT
Principality Building Society has cut the rate on its five-year buy-to-let mortgage product at 75% loan-to-value by 0.1% to 2.75%, making the deal among the most competitive in the BTL market at the moment. The product comes with a free standard valuation, free legals for remortgages and has [...]
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