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MyDeposits Free Tenancy Agreement Guide

02 March, 20161 Comments
Our comprehensive guide contains: 22 top tips to help ensure your tenants are aware of all their legal obligations, Pointers for clauses you may need to rely on in the event of a deposit dispute, A reminder of how to keep the terms fair and reasonable. Download your full free guide from MyDeposits here. Related
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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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Thousands of tenants may have paid their rent into other residents’ accounts

29 April, 20140 Comments
Camden Council have recently sent out 10,000 defective rent cards to their tenants, meaning that thousands of tenants may have paid their rent into other residents’ accounts. The Town Hall have apologised and blamed the massive mistake on a “printing error” by an external supplier. The error was that the last 3 barcode digits on
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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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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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Letting Agents keeping tenants deposits are not agents THEY’RE THIEVES

27 February, 20140 Comments
A Newsbeat investigation has found that a minority of letting agents are fraudulently taking thousands of pounds from tenants as holding deposits, not letting them move in and then keeping that money. From January 2011 to September 2013 Trading Standards authorities in England reported 487 such cases and a Freedom of Information request found that
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ICO say Social Landlords need to do more to protect tenants’ sensitive data

24 February, 20140 Comments
A recent report by the Information Commissioners Office has found that social landlords need to do more to protect their tenants’ data. Based on the findings from 9 visits and 4 audits of Housing Associations and “Arm’s-length management organisations”, the ICO found that social landlords need to improve their policies and procedures regarding data sharing,
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” Be open about your financial past before embarking on home ownership ” urge Equifax

04 February, 20140 Comments
Leading online credit information provider, Equifax, is urging couples looking to purchase their first home together to reveal any financial commitments they may have kept hidden from each other, before entering a new shared financial agreement such as a mortgage to buy a property. The warning comes as tougher affordability rules are set to be
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How to rent a house & escape bad tenants

31 January, 20140 Comments
Whether you’re brand new to property and are just starting learning how to rent a house and what it takes to be a landlord, or whether your an old pro and have successfully run a thriving rental portfolio for many years….. You’ll probably already know that being a landlord comes with many challenges. Some are
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