Today we received a spike in the number of calls we usually have; it’s not an unusual occurrence because are a customer facing organisation who supports their membership with advice, guidance and help in any matters relating to Landlord, Tenant, and the Agency world . What caused the spike today’s announcement that the findings of ROPA (Regulation of Property Agents) presented to the Housing Minister on Monday, that the Private Rented Sector should be regulatedRead More
Five weeks ago the Government introduced one of the most pivotal pieces of legislation to impact the Private Rented Sector in England - the Tenant Fees Act 2019 (TFA 2019).Read More
Whether 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 More
Anticipating 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 More
On 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.Read More
Property industry insurance and redress giant Hamilton Fraser has become the first company in the UK to gain official approval to operate a client money protection (CMP) scheme.
Hamilton Fraser, which has been operating the scheme since 2014, is now ready for April 1st when it becomes mandatory for all letting agents and property managers to sign up to CMP or face fines and sanctions for non-compliance.Read More