Letting

Own Shares in Letting Supermarket

Own Shares in Letting Supermarket

18/12/2014

Regular Property118 readers may be aware that our founders acquired a 26% stake in Letting Supermarket two years ago when they were a start-up business. Since then we have been referring Property118 landlords to them and moving the management of our own properties across too.  They now manage a few hundred properties and are making… Read more

rent control

Tenants in Scotland undermine political case for Rent Control

03/12/2014

The Scottish Government is in the process of consulting on a new Private Rented Sector (PRS) tenancy system, which also canvasses opinion on whether a system of rent controls is necessary, whilst Labour argue that a system of rent controls are necessary to remove excessive rises. The trade membership body for letting agents in Scotland,… Read more

Kevin Eggleton - Letting Supermarket agent in the West Country

Our agent in the West Country

05/11/2014

As you will no doubt be aware, the owners of Property118 acquired a 26% share in Letting Supermarket when it was a start up business. It has since flourished and over the coming weeks and months we will be proudly introducing you to some of the team. Kevin Eggleton is the Letting Supermarket agent covering The… Read more

Evicting tenants just to break a contract with a letting agent

Evicting Tenants – A sister website to Property118

We have so much information on Property118 about evicting tenants that we decided to produce a simplified website to consolidate it. We’d like to think our new website looks great on all mobile devices too. Please CLICK HERE to view the new website. I am very much looking forward to reading your feedback, please leave… Read more

tenancy deposit

Average Tenancy Deposit increased by 34% since 2007

04/08/2014

Figures from my|deposits have shown the average tenancy deposit has increased by 34% or £304 since the launch of tenancy deposit protection in 2007. The data shows that the average tenancy deposit now stands at £1197.73 up from £893.82 in 2007. The figures also show a difference of £1168 between the average cost of deposits… Read more

Section 21

Section 21 update – Spencer v Taylor

25/07/2014

As reported by Nearly Legal concerning section 21 rules the tenant in Spencer v Taylor has been refused permission to appeal in the Supreme Court, because of the lack of an arguable point of law. Therefore the Court of Appeal decision stands: “Where an assured Shorthold tenancy has had a fixed term and a statutory… Read more

Evicting tenants just to break a contract with a letting agent

Evicting tenants just to break a contract with a letting agent

16/07/2014

I was talking to Tony Sheldon at LettingSupermarket.com this morning about the increasing number of landlords who are being forced into evicting perfect tenants as the only way to get out of a contract they have with their letting agents.  Tony explained that he has conversations with landlords on a daily basis who are so… Read more

CMA

New consumer protection guidance for the Lettings Industry

13/06/2014

The Competition and Markets Authority (CMA) has today published new guidance for the lettings industry to improve their understanding and compliance with consumer protection law. The follows a report last year by the Office of Fair Trading (OFT) which raised concerns about a number of unsatisfactory practices affecting tenants, including unfair and surprise fees and… Read more

Tenant Referencing Using Common Sense

Best practice guide to letting your property

30/04/2014

All landlords want three basic things:- 1) Tenants who pay their rent on time 2) Tenants who will respect their property 3) Tenants who respect their neighbours This is a relatively comprehensive guide, hence it is quite long. It may well put you off self-management but please invest your time into reading it fully to… Read more

Transfering a tenants deposit when a property has been sold

Transfering a tenants deposit when a property has been sold

09/04/2014

What is the protocol for transferring a tenants deposit? The tenant has lived in the property for a couple of years through an agent. The deposit is protected in one of the three schemes.  The property was recently sold to a new investor landlord who is happy for the tenant to stay and is waiting… Read more

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