Consultation period for Scottish letting agents

Only recently we covered  a new initiative by the Welsh Government that this autumn they will be introducing a new registration and licensing scheme for letting agents and landlords. Since Monday 24th August the Scottish Government have begun  a consultation period on a statutory code of practice and training requirements for letting agents in Scotland,…

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Repairs and Maintenance for rented properties.

The Fixflo report for 2015 out at the end of July makes very good reading and confirms how essential it is for Letting agencies to have a repair and maintenance management system in place. Research into the first 70,000 reports through Fixflo in 2015 showed: Busiest times for repairs being reported are between 9am-10am weekdays,…

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Local authority forum for landlords and letting Agents

South Holland District Council are putting on a special afternoon event especially for Landlords and Letting Agents, this is part of Council’s popular information and networking events. The event takes place on the 13th July at the council’s offices in Priory Road, Spalding from 4pm until 6p, this event the event will give landlords a…

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Top 10 questions to ask before instructing a letting agent.

After buying a new rental investment property, the next job is to find tenants! Letting agents come in all shapes and sizes, but sorting the wheat from the chaff might be a harder task than you’d think.  We’ve put together a list of the most important questions to ask a prospective agent before instructing them…

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How to deal with low fees in your agency

Recently, a few of my friends have made some big money purchases. One paid £2,000 for the latest TV with all the bells and whistles on. I would never pay that much for a TV. One has paid £2,500 to get tickets to the Rugby World Cup final this summer.. I mean really! A friend…

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Decision re letting boards in Cardiff

Two areas in Cardiff, Cathays and Plasnewydd will see a ban on letting boards coming into force from this October, both areas are heavily populated by students. The Welsh Government gave power to Cardiff Council to take action against Landlords who displayed such advertising without requesting consent. Landlords are not at all happy how these…

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Flash the cash – a note of caution on upfront rental payments.

It used to be home buyers in Central London that bemoaned the cash power of the global elite – making offers on properties they coveted, bandying about sums way above the asking price and paying in cash. And who could blame the vendors for preferring the outright buyer who could move quickly over those trying…

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Rents increases ahead of General Election

According to the Association of Residential Letting Agents around 31% of letting agents said the cost of renting a home had increased during the month of february, this has been attributed to higher numbers searching in the sector, with agents having an average of 40 prospective tenants on their books per branch, up from 38…

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Are you doing enough to satisfy your landlord?

Within every industry there are conflicting opinions. The main one in the letting industry is whether tenants have a loyalty to Letting Agents or not? Would someone pass on their dream house because it wasn’t with a letting agent they liked? With the online property portals at the forefront of property searching, do tenants still…

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Part 1: Agents, this is why you need an editorial calendar.

Have you ever stared at a blank word document ready to create a blog post and thought: “What am I going to write about?” Looking back, I can honestly say that I’ve done and thought the same thing – and I’m sure we’ve all been there at some point. This was before I started using…

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Letting Agents and McDonalds.

I used to work at MaccyDee’s (aka McDonalds). If you aren’t 100% satisfied with your burger, they’ll make another for you. That’s their assurance to you if the order taker at the ‘can I take yer order stand’, or the one with the all the Stars (yes, I had all the stars before you ask)…

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Letting agents .. why are you doing it so wrong?

According to Rightmove, there are in Birmingham there are 223 letting agents, in Bristol there are 164 letting agents, 168 letting agents in Leeds .. need I go on? If you are an existing agent, or going to be No. 224 in Birmingham, what are you going to do stand out from the crowd? Offer…

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Is it time to rebrand application fees?

With the Government overlooking any radical reforms for the lettings sector before May 2015’s general election, there are at least six months of stability ahead. Or are there? While Mr Cameron might not be planning a rental revolution any time soon, tenants are still up in arms over letting fees. And it appears there’s always…

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Is subletting the biggest issue in lettings today?

Time to think again if you assumed subletting was a social housing problem.  The private rental sector is far from immune to unscrupulous or misguided tenants, with subletting fast turning into a silent industry epidemic. There is a shortage of affordable rental property, especially in cities where recent graduates, young professionals and migrant workers are…

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