New research conducted by a letting agency shows that 61 per cent of tenants currently have no contents insurance, with 48 per cent admitting that they have never taken out contents insurance at a property they have lived in during their lives.
Agents have come under new fire from Which? for charging multiple ‘holding’ deposits from prospective tenants after one of its members of staff twice handed over £500 to an agent – and found he was not the only one to do so.
The number of homes to rent in the UK’s private rented sector has fallen considerably over the last six years with a decline of 11.6% with Scotland seeing a fall of 34.7%, the latest research shows.
Southwark council in south London is sending leaflets to all its leaseholders to warn them that letting out homes on any short term holiday let websites would be a breach of the conditions of their lease and could face legal action.
Tenancy deposit will be capped at one month’s rent, down from the existing level of two months, as the government outlined in its legislative agenda for the next two years in the Queen’s Speech
Several policies set out in the UK Government’s Housing White Paper earlier this year have been confirmed at the opening of the new Parliament in London, including a ban on letting fees.
Let’s face it – landlords have a bad reputation. While that reputation is largely undeserved, the landlord bashing articles often featured in the mainstream media would have the general public believe that more often than not, it is not without warrant.
Average rents in Britain increased by 5.75% year on year in the first quarter of 2017 to £770 although there is some regional variation, according to the latest index figures.
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Agents charging multiple ‘holding’ deposits from tenants come under fire from Which?
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