Here you'll find the thoughts of GLM CEO Susie Crolla on trends and issues of the day in the property industry.
Several days ago John Cleese was reported saying that London was no longer an “English” city. There are so many ways in which to respond to his comments, but London is a melting pot of nationalities and has been for centuries. Nothing much has changed since different cultures from all over the World decided to make the Capital their home.
Read MoreThe Tenant Fees Act has a number of provisions around tenancy deposits and holding deposits. These are very important as they will bring substantial change to the way many landlords and agents to business. Due to the transition provisions they may also require specific actions on tenancies as they are renewed.
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Businesses go through transitions caused by trends, the Economy, changes in the customer expectations and needs, which means that businesses, large and small have to evolve. Our last blog dealt with Strategic Change, but deep down what sits at the heart of your business and makes your company stand out from the crowd? Ask yourself the following questions:-
Read MoreWhether you run a Corporate or a Start-Up, it is important for management, owners & directors to know exactly which kind of strategy suits the vision and direction the business hopes to go in. With the advent of the Fee Ban, no one can really anticipate what the Private Rented Sector will look like in 12 months time, let alone 5 years time. Letting Agents are attempting to navigate the unknown - business plans have to be altered as do business models - is a fee increase to landlords warranted or should Agents hold fire just to wait and see how the land lies?
Read MoreAnticipating change or the next episode of Game of Thrones can be quite traumatic. Since Phillip Hammond’s announcement in his Autumn Statement which feels light years away, there has been a lot of deliberation over what can and cannot be charged , the impact on the Private Rented Sector, the impact on not only SMEs but all agency types and most important of all the impact on tenants.
Read MoreOn the 12th February 2019 the Ministry of Housing announced the date that the Tenant Fees Act 2019 would become law on the 1st June 2019. Whilst drafts of what the Act would include had been published, the guidance was highly anticipated in order for Landlords, Letting Agents, Property Managers and Tenants to be aware of exactly what this new piece of Legislation would include.
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