All private sector landlords are now required to have at least one smoke alarm installed on every storey of their properties and a carbon monoxide alarm in any room containing a solid fuel burning appliance, e.g. a coal fire, wood … Continue reading
Lady Margaret Hall College, Oxford University commissioned our paper free video inventory format for their undergraduate rooms for the 2015 student intake. The new format was developed to satisfy the college’s requirements to protect their on-site student accommodation through the use … Continue reading
It is claimed by the Deposit Protection Service that during 2014 one in six landlords that were required to submit evidence after agreeing to dispute resolution either, missed the deadline or provided no evidence… this means an automatic ruling in favour … Continue reading
A recent survey of 500 investment property owners by an independent inventory company claims that just under ten percent of landlords experienced a tenant dispute in 2014 with two thirds opting to settle them in court. In 58 per cent of the … Continue reading
The latest Tenancy Deposits Digest, published by my|deposits.co.uk, for the third quarter of 2014 shows a significant increase year-on-year in tenancy deposit values across England and Wales. Key highlights from the whitepaper: deposits up by 11% or £121 compared to same … Continue reading
Statistics recently released by my|deposits showed that where a landlord retained part of a deposit, 78% did so to pay for cleaning issues after the tenant had left the rented property. Damage to property, furniture and carpets were other key … Continue reading
According to my|deposits the average tenancy deposit has increased by £125 from £985 to £1,110 in the past twelve months. “With rents continuing to rise, landlords and agents are understandably taking larger deposits to help protect their investments. The increase … Continue reading
It has recently been reported that an increasing number of landlords and property professionals are using video evidence in tenancy deposit dispute cases. According to my|deposits.co.uk, those involved in the private rented sector are increasingly beginning to see that “clear … Continue reading
We recently gave a presentation at a regional ARLA meeting to 120 letting agents at the Lansdowne Club in London. As part of the talk we questioned the agents as to whether they were outsourcing inventories or conducting them in-house. … Continue reading
The recent news that England is moving away from being a nation of homeowners and moving towards long term renting is good news for landlords who are keen to expand their portfolios. With the majority of the younger generations stating … Continue reading
