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The lettings industry has poured scorn and fury on Labour’s proposed reforms for the private rented sector, amid fears that landlords will desert the industry in droves. Labour – keen to capture votes from Generation Rent – plans to introduce three-year tenancies as the norm, impose rent controls, and ban agents from charging fees to tenants. It would also...
Labour is today announcing what may be amongst the most far-reaching reforms of the lettings sector ever seen - if the party wins the general election in 2015. Ed Miliband is making the announcement at the launch of his party's European election campaign.   He will promise to introduce a ceiling on rent increases and will ban letting agents from demanding fees from tenants...
Rents in the private sector are increasing by less than inflation, and have gone up by just 1% in the last year across England. The latest figures from the Office for National Statistics show that even in London, rents rose by an average of only 1.4% in the 12 months to March 2014. This compares to a consumer prices index rate of 1.7% and a retail prices index rate of 2.5% over the same...
For those of you that are familiar with building management, Section 20 of the Landlord & Tenant Act 1985 (as amended by the Commonhold & Leasehold Reform Act 2002), is proving to be a thorny issue indeed.  A potted history Originally introduced to provide greater protection to leaseholders against unscrupulous landlords, Section 20 has proved to be increasingly challenging...
Obliging letting agents to join an ombudsman or other redress scheme may not address issues of financial protection according to the chair of a scheme campaigning to protect client deposits. John Midgley, chair of SAFEagent, says: “The involvement of the ombudsman will only occur after the horse has bolted. It is trying to operate from the wrong end of the process. And...

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