The Telegraph have lifted the lid on the shady practices of letting agents which hurt buy-to-let investors.
They list four tricks used by unscrupulous letting agents to increase the money taken from tenants and landlords.
New tenant immigration checks came into effect across the West Midlands on 1 December. Landlords in Birmingham, Wolverhampton, Dudley, Walsall and Sandwell will have to be sure that new tenants have the right to reside in the UK. Those who fail to comply face fines of up to £3,000.
An article in The Economist points to how technology is set to shake up the way traditional estate agents operate.
High street estate agents are one of the few industries yet to be disrupted by advances in technology.
“The internet was supposed to be the great disintermediator. And of all the middlemen it should have wiped out by now, estate agents are among the least popular.” Continue reading
A bill to tackle so-called ‘revenge evictions’ is due to get its second reading in the House of Commons today.
The bill would require private landlords who give their tenants a section 21 notice requiring them to leave at the end of their tenancy, to wait for six months if a complaint about the property has been lodged.
It’s hoped that such measures would protect tenants who flag major safety or maintenance issues from being evicted rather than landlords fixing the problem.