property damages

property damages

10 good reasons to join LRS in 2014

30 December, 20130 Comments
WHY should landlords and letting agents join the only network in the UK that can prevent them from taking someone else’s bad tenant in the new year? You can become the “Gate-keeper” to your community, stopping the bad tenants from setting down roots. Welfare reform via Universal Credit – where, once implemented, you may never
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A Christmas Greeting from Newham Council…oh, and a £20k fine

16 December, 20130 Comments
In a time of goodwill to all men, this week final warning letters will be sent to those landlords in Newham who have not yet registered for the UK’s first mandatory licensing scheme, and those that fail to comply face fines of up to £20,000. In May 2013 nearly 30,000 applications had been made for the flagship
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Rent arrears are escalating, but not for those who regularly use tenant referencing

12 December, 20130 Comments
With the UK in danger of falling into a national rent crisis, as arrears are becoming the fastest growing debt dilemma, LRS would like to take this opportunity to press home the importance of referencing applicant tenants before tenure – before it’s too late. The Money Advice Trust charity has revealed that in the first
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Have Private Landlords Reacted to the Bedroom Tax?

25 November, 20130 Comments
The explosion of the demand for rental properties is largely because it has become so difficult to purchase property. ‘Generation rent’ are the people who, perhaps five years ago, might have got a mortgage without a large deposit, but who are now unable to save for the large deposit needed for home ownership, whilst renting, 
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OH MY! Mr Tenant – What big teeth you have! …

21 November, 20130 Comments
We have all heard the story of Little Red Riding Hood; the “Big Bad Wolf” who ate Red Riding Hood’s Grandmother and then disguised itself as her to catch and eat the little girl. Well, a leading independent estate and lettings agency group in Essex have recently warned that landlords are directly at risk to
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Should you increase the rent?

15 November, 20130 Comments
Every business has its overheads. And whilst the cost of financing a rental property has, on average, decreased, other costs have shot up. Take energy, for instance. Back in October, SSE became the first of the ‘big six’ energy providers to pre-empt the winter months with a hike in energy prices (by an average of
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Don’t name your tenants online – Join LRS instead

12 November, 20130 Comments
The Information Commissioners Office states that landlords cannot publicly display their tenants rent arrears, so what can a landlord do to warn others about their tenants previous rental history without breaking the law? A landlord recently joined LRS and posted his own “Tenant Reviews” (from his own website) within our community forum.  These did not
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£140 million wasted on welfare reform IT systems that don’t work!

07 November, 20130 Comments
The DWP has been slammed by a cross-party committee regarding a ‘shocking lack of financial control’ over the governments ‘flagship’ Universal Credit programme. Universal Credit, which aims to roll several benefits into one single payment made direct to the claimant, has been scrutinised by The Public Accounts Committee – saying that any deadlines for the
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UC pilot begins | London landlords protect yourself today!

28 October, 20130 Comments
The Government is launching its next phase of its new benefits system ( Universal Credit ) in the London Borough of Hammersmith and Fulham today. It seeks to simplify the existing system by combining 6 benefits into 1, but opponents say it is misleading and will increase debt, mass evictions and homelessness. Many landlords within
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