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Author: News @ Tenant Referencing

85% of letting agents at risk of breaching TPO Code of Practice

26 June, 20170 Comments
The Property Ombudsman’s latest figures reveal a concerning amount of property complaints and consumer awards, where the overall number of awards TPO instructed agents to pay exceeded £1 million for the first time. One case study released by the TPO particularly caught our eye at Tenant Referencing UK; The highest award paid by an Agent
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Opportunity for landlords to increase social housing stock via free property portal

22 June, 20170 Comments
In the current climate many landlords are reluctant to house benefit tenants due to the increasing minority of those tenants unable to pay their rent on time, coupled with uncertainty around the governments’ welfare reform via Universal Credit – leaving good benefit tenants finding it extremely difficult to find accommodation in the private rented sector. LANDLORDS / HOUSING PROVIDERS: Would
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New Tenants’ Fees Bill announced in Queen’s Speech

21 June, 20170 Comments
Announced in last years Autumn Statement, a new Tenant’s Fees Bill has been confirmed in todays Queen Speech. According to government figures, the average amount paid in fees is currently £223 with around 4.3m households paying such fees every year. However housing charity Shelter found that one in seven renters pay more than £500, with
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5.8m households expected to rent privately by 2021

19 June, 20170 Comments
A new report has revealed that one in four UK households will be privately renting by the end of 2021. At the moment around 5m households (21%) are currently living in privately rented accommodation, a quarter of whom are families with children. As property prices continue to rise and wages stagnate, the annual report from estate
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Telford Selective Licensing Consultation begins tomorrow

12 June, 20170 Comments
Following a petition set up by local landlords in Telford, the council are moving forward with Selective Licensing consultations from tomorrow (13th June 2017). The meetings are as follows: – Tuesday 18 July 3-5pm Hadley Library – Wednesday 19 July 4-6pm Hub on the Hill/Sutton Hill Community Centre – Tuesday 25 July 4-6pm Park Lane
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Over a quarter of landlords experienced rent arrears in last 12 months

05 June, 20170 Comments
Fresh research by the RLA has revealed that more than a quarter of buy to let landlords have experienced rent arrears in the past 12 months. With 28% of landlords experiencing rent debt, coupled with the fact that 1 in 3 working families in England would not be able to afford to pay their rent
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Referencing must be exempt from agent’s fee ban, urge ARLA

30 May, 20170 Comments
The Association of Residential Letting Agents have recently spoken out about the importance of tenant referencing being exempt from the government’s proposed ban on letting agent’s charging fees to tenants in England. In a note to their members and the press, ARLA said: “Referencing ensures that tenants do not take on a financial commitment which is
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Tenant’s anti-social behaviour lands BTL investor with £16k fine

26 May, 20170 Comments
A private landlord who ignored warnings from the police and the council has been handed a £16,000 fine, due to his tenant’s anti-social actions. Buy to let investor Jason Duffield, who lives in Birmingham, was handed a restraining order by police last year because of the noise coming from the rental property in Tamworth. He was
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