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TR Lettings taken over by Rybec Homes

08 January, 20180 Comments
As of the 1st January 2018, TR Lettings property advertising has been taken over by Rybec Homes Ltd. The property advertising service will now allow Tenant Referencing UK members to continue to advertise their rental properties online in exactly the same way, but will now also include the full range of online advertising portals including
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Lack of Right-to-Rent Legislation Information Leads to Buy to Let Confusion

09 March, 20161 Comments
Following the Right-to-Rent launch this February, the NLA have released survey data that reveals a shocking 90% of landlords are still unaware of the legislation changes now in force. Since the 1st February 2016 landlords have had a legal duty to check on the immigration status of tenants, so those that have no idea of
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Want a mortgage? Don’t eat steak!

12 May, 20140 Comments
It emerged last night that mortgage applicants are being asked ‘Spanish inquisition’ style questions, including whether they play golf or eat steak. Some interviews have lasted up to 3 hours where applicants have been quizzed over the price of haircuts, their plans for more children and even their hopes of a pay rise. These questions
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Lifestyle quiz to secure a mortgage comes into force today

26 April, 20140 Comments
From today, new rules come into force that mean borrowers across the EU will be refused a mortgage if they fail a standard affordability assessment. According the the Financial Conduct Authority (FCA) the Mortgage Market Review (MMR) will ‘put common sense at the heart of the mortgage market and prevent borrowers ending up with a
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North Somerset Survey of private landlords, tenants and letting agents

12 April, 20140 Comments
Many thanks to a long-standing LRS Member for sending over a link to this survey. North Somerset Council want to hear the truth straight from private renting landlords, tenants and letting agents in the area. Will you be pulling out of the Housing Benefit market? How are additional licensing schemes affecting landlords and tenants in
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Government says benefit claimants more responsible than workers

31 March, 20140 Comments
The majority of the Mortgage Market Review changes will come into effect on 26th April 2014, where new rules will mean that borrowers across the EU will be refused a mortgage if they fail a standard affordability assessment. Please read : Mortgage Market Review explained by the FCA. Please read : How will the Mortgage
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As the amount of UK renters continues to rise tenants are now actively making lifestyle choices

15 March, 20140 Comments
Buy to let insurance firm Homelet have revealed new research that shows private renting tenants are having to make lifestyle changes due to increasing rents within the sector. The research shows that : PRS tenants paid an average 2.3% extra in rent payments The average buy to let rent in February stood at £818 Year-on-year
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50th anniversary of the world’s first Neighbourhood Watch scheme

13 March, 20140 Comments
Today marks the 50th anniversary of the murder of Kitty Genovese in the borough of Queens, New York – a tragedy that resulted in the setting up of the world’s first Neighbourhood Watch schemes in the US. Working in partnership with Neighbourhood Watch it seems like an opportune moment for LRS to reflect on how far
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