Landlords Concerned About Rent Arrears
The issue of rent arrears continues to be a major problem for landlords in the UK, according to a recent study by the National Landlords Association (NLA). The research found that as many as a third (32%) have experienced rent arrears in the last 12 months, and that the average amount of outstanding rent owed […]
Government Consults Over New Tenancy Proposals
The Scottish Government has launched a new consultation over plans to give tenants more security of tenure. The New Tenancy for the Private Sector consultation aims to give tenants a greater sense of security, and provides appropriate safeguards for landlords, lenders and investors. Through the proposals landlords must offer a minimum tenancy of six months, […]
Consumer Protection Guidance for Lettings Industry
In a move that could help to reduce the number of disputes in the property letting sector, the Competition and Markets Authority (CMA) has published guidance for lettings professionals to help improve their understanding of, and compliance with, consumer protection law. The guidance follows the publication last year of a wide-ranging report into the lettings […]