Landlords failing to protect a tenants buy to let deposit face tougher penalties under new laws that come in to force from April 6, 2012.
The government has closed holes in the tenancy deposit protection schemes after a number of high profile court cases slated the current rules as poorly drafted and impossible to police. Continue reading Landlords face tougher deposit protection rules
Answer? – When it’s an Assured Tenancy. Rubbish joke I know.
Most conversations I read on Property 118 and other websites centre on ASTs and the rules and regulations that surround them, but did you know that actually there are around 16 different types of tenancy and licence agreement? Continue reading When is an AST not an AST?
Landlords could face big fines if they do not act to comply with changes to assured shorthold tenancy agreements from next month.
The change means compulsory tenancy deposit protection comes in to force for assured shorthold tenancies for rent up to £100,000 a year from October 1, 2010. Continue reading Big fines for landlords who flout new tenancy rules. Student landlords are particularly at risk under the new rules, as many students will move in to rented homes that come under the regulations before October 1, and their deposits must go on protection by October 15