Critics continue to savage Labour rent policies

The Labour party’s proposals to cap rent rises with inflation and insist on three year tenancies in the private rental sector continue to be criticised by many in the industry. The Association of Residential Letting Agents claims that 72 per cent of its member agents...

FIGHT FOR POWER BEGINS IN EARNEST

It’s been a key week in the fight for who will hold or indeed share power for the next five years, with all of the major political parties releasing their manifestos and setting out their policies for housing reform. Here is our pit stop tour of some of the pledges...

Huge rise in referrals to The Property Ombudsman

There was a whopping 42 per cent rise in referrals to The Property Ombudsman last year according to the annual report for 2014, released this morning. TPO is the largest of the three compulsory redress systems operating for sales and lettings agencies. It says the...

Labour’s three prong strategy for lettings industry

Labour has set out a three-pronged tenant-friendly but agent- and landlord-hostile policy in its formal manifesto for next month’s election. In addition to pledges to ensure 200,000 homes are built annually by 2020 and the introduction of a mansion tax to contribute...

Landlords’ body voice concerns over sub-letting

The Residential Landlords Association (RLA) has expressed concern over controversial plans to allow private tenants to sub-let their tenancies in England, announced by the Chancellor in the Budget last month. The Chairman of the RLA, Alan Ward (left), has written to...

WHAT IS FAIR WEAR AND TEAR?

Landlord’s time months making sure their property is fit for rental, they invest a lot of money in making sure they can get the highest rent possible, and they expect to be rewarded for their efforts. What some people don’t predict or budget for is wear and tear. It...