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Tenants and Their Deposits Safer, But Shock in Store for Some Landlords
In the four months since Tenancy Deposit Protection became a mandatory requirement in the private rental market, the Tenancy Deposit Scheme already safeguards the deposits of over 225,000 tenants. more
Landlords warned over dishonest tenants
Almost a quarter of all tenants choose to lie about their income in some way when applying to live in a rental property, according to new research from Experian. more
More than 30,000 landlords have failed to sign up to.
A survey for the Tenancy Deposit Scheme revealed that while 125,000 landlords had joined the scheme, almost a fifth were still unaware this was mandatory. more
The inventory now become a much more important document
An inaccurate inventory can ruin any attempt to recover money from the tenant. more
Launch of Tenancy Deposit Scheme proving a success
The implementation of the Tenancy Deposit Scheme has been a success according to the government organisation responsible for the initiative. more
Tenant deposit scheme - How will it affect investors?
Anyone who is involved or planning to become involved in ‘buy to let’ has surely had their feathers ruffled by the latest government proposals to introduce tenant deposit schemes. more
Landlords 'unaware' of Tenant Deposit scheme
Landlords and tenants alike could avoid disputes over unpaid rent or household damage through a new government-backed Tenant Deposit scheme. more
53% of landlords unaware of tenant deposit scheme - Alliance & Leicester
Disputes over damage, late payment of rent or unpaid bills are some of the most common gripes that lead to the breakdown in the landlord/tenant relationship, Alliance & Leicester has reported. more
Black October is a term given to this coming October.
Black October: senior executives in the Private Rented Sector (PRS) are
already voicing their concerns about problems they believe are certain to
arise in October 2007, when the first wave of Assured Shorthold Tenancies
reach the six month terminal date.
more.
They doubt the strength of newly
recruited staff and new IT systems in the offices of Tenancy Deposit Scheme
administrators. Agents and property managers will be under serious pressure
with tight deadlines to meet.
Industry forecasts suggest that a large proportion of departed tenants will
dispute each and every proposed deduction from their deposits since raising
a dispute costs the tenant nothing, while agents and landlords who act for
themselves must fund the cost of obtaining estimates and arguing their case.
Those whose inventories and schedules of condition are not well prepared,
and who lack a disciplined approach to check out routines, will be in
difficulties, Landlords will be quick to blame their agent when claims on
deposits are rejected. The stuff of nightmares indeed.
Last month Citizens Advice claimed many private tenants fear eviction too much to complain.
Housing ombudsman Dr Mike Biles has told the Chartered Institute of Environmental Health that ‘retaliatory evictions’ are a huge evil more
Landlord in red tape rage
A LANDLORD may sell up his York properties - because he says the law has swung too much in favour of tenants. more
Programme for Simplification of Housing Law Welcomed by Residential Landlords Association
The Residential Landlords Association (RLA) is giving a guarded welcome to a new "housing law" programme which is the latest stage of a Law Commission programme to simplify and reform housing laws.
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Tenancy Deposit Scheme 'is pushing landlords away'
The government has failed in its attempt to speed up the process of returning deposits to tenants to such an extent that some landlords are now shying away from offering deposits altogether, it has been suggested.
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Tenants losing out on deposit scheme, landlords say
Tenants are often waiting longer for the repayment of their deposits as a result of the government's Tenancy Deposit Scheme, the Residential Landlords Association (RLA) has claimed
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Housing Association launches new Rent Deposit Scheme
Bedfordshire-based Aragon Housing Association, in partnership with Mid Beds District Council (MBDC), has launched a Rent Deposit Scheme to enable households that might otherwise have to stay in temporary accommodation to live in the private rental sector.
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Tenancy deposit scheme 'not working'
The tenancy deposit scheme, set up to make managing disputes between landlords and tenants easier, has failed, the Residential Landlords Association (RLA) has claimed.
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Property damage most common reason for landlords charging tenants
Disputes over damage, late payment of rent or unpaid bills are some of the most common gripes that lead to the breakdown in the landlord/tenant relationship, Alliance & Leicester has reported.
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Buy-to-Let Parents Add Fuel to the Property Market
In a recent survey by a building society group, it was found that 31% of over-55s said they would be interested in property development.
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Deposit ruling faces major put-down
Fierce new laws to protect tenants are 'heavy-handed' say aggrieved landlords.
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Financial protection for tenants
A major change to renting a home will be ushered in next month when new rules regarding tenants' deposits are introduced.
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Tenants living under threat of eviction
Hundreds of thousands of tenants are continuing to live in housing that falls short of the government's "decent homes" standard for fear of being evicted if they complain to their landlords, a report today has claimed.
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The tenant's dilemma
The tenant’s dilemma, a new report from the Citizens Advice Bureau, states that tenants are put off complaining about their landlords failure to keep their property in proper repair because their landlord might retaliate by evicting them under the section 21 ‘loophole’. Government figures indicate, they say, that nearly one million private rented homes fail the Government’s decent homes standard and therefore need repair. It asks for a change in the law to prevent landlords being able to evict under section 21 where tenants are trying to enforce their repairing rights.
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