Posts Tagged ‘Tenancy’
Government proposed model for 3 year tenancy with a 6 months break clause. (Consultation)
Open Consultation from the Ministry of Housing,Communities and Local Government published 2nd July 2018. The government is committed to increasing security for tenants in the private rented sector while balancing landlords’ needs to regain their properties when their circumstances change. This consultation invites view and comments on the benefits and barriers of landlords offering longer…
Read MoreShelter’s response to the government’s proposals on longer tenancies.
Shelter’s response to the government’s proposals on longer tenancies. Polly Neate, chief executive of Shelter, said: “This is an important step forward. Losing a tenancy is the main driver of homelessness and also causes huge instability for renting families so everyone who rents will be very pleased to see a move towards longer tenancies. But…
Read MoreRecent data from Your Move has revealed that the average tenancy length in the UK is now 20 months
The rise of Generation Rent: Average length of rental tenancies across the UK now almost two years, latest data from Your Move reveals In London, the home of Generation Rent, the average tenancy length is 20 months, whilst the commuter belt sees the longest tenancy length in the whole of the UK, at 44 months…
Read Moreprivate renters would like their tenancy to be longer
Recent news release 3rd Jan: from Citizens Advice reveals 2 in 5 people living with their children in privately rented homes have a tenancy of 6 months or less. Analysis by the national charity finds 1 in 3 private renters would like their tenancy to be longer, rising to 2 in 5 amongst those with…
Read MoreNew Tenancy rents continue to rise.
The HomeLet Rental Index figures released yesterday show that rents agreed on new tenancies across the UK over the three months to the end of April have continued to grow at remarkably consistent rate. They state: Rents rise in all but one regions of the UK over three months to April, despite concerns about impact…
Read MoreHow can I save my rental deposit?
Moving into your first rented property is an exciting adventure. You’ve made it. You’ve got your own home. It’s time to explore the local area, buy decorative items and invest in homely goods (some of which you may never use!). However there is a sting at the end of your tenancy. The dreaded questions you…
Read MoreLondon’s rental growth rate slows
New data from the HomeLet Rental Index report for January 2016 reveals rent prices for new tenancies in Greater London are rising at the slowest rate for almost two years. The South East of England and the East Midlands show highest annual rent increases. Average rent in the UK (excl Greater London) is now…
Read MoreSome landlords still holding unprotected deposits.
According to a survey carried out by Centre for Economics and Business Research (CEBR) on behalf of comparison website money.co.uk it states some UK landlords are still not complying with deposit protection rules, the research revealed that figure to be 284,000 of Britain’s 1.9m landlords. These landlords who fail to protect the deposit are leaving…
Read MoreLettings disputes nearly double that of sales
The latest interim report released by The Property Ombudsman reveals more than half of the 9141 enquiries received related to lettings disputes, nearly double that of sales. This not only reinforces the importance of legislation introduced a year ago, making it a legal requirements for all letting agents in England to register with an approved…
Read MoreTenancy deposit protection
A recent decision of the Court of Appeal has been codified in the Deregulation Act 2015 to clarify that residential landlords must protect tenants’ deposits and provide tenants with prescribed information, regardless of when the tenancy commenced and when the deposit was received. Tenancy Deposit Protection The Housing Act 2004 (the Act ), which came…
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