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The Government’s long awaited Renters (Reform) Bill has now been published. You can read the full Bill by clicking here. Landlords are concerned, to put it mildly. The Bill has only had its First Reading. There are a multitude of further stages, both within the House of Commons and the House of Lords before the… Continue Reading
Category Archives: News
Licensing for Rental Properties
There are three different types of licences that may be required for a rental property. You should check with your local council to see if any apply to your property. Click here to begin. Bear in mind also, that a council’s licensing requirement can change over time, so just because you don’t need one now,… Continue Reading
Rightmove Rental Trends Tracker: Q1, 2023
Over the past year rents have increased on average by a massive 9.4%, though this has slowed recently, with the last quarter accounting for only 1.5% of this rise. Outside of London, the average asking rent has reached a record high of £1,190 pcm, and within London, the average asking rent is just over £2,500… Continue Reading
Updated How to Rent Guide – March 2023
Effective immediately, the Government has released an updated version of the How to Rent Guide. This must be issued to tenants on or before the start of any new tenancy (including renewals). You can access the newly release How to Rent Guide by clicking here. Continue Reading
Petition to Reinstate Tax Relief Allowing Mortgage Interest to be Set Against Rental Income
UKALA is urging letting agents to sign a parliamentary petition calling for the Section 24 changes (for buy-to-let landlord taxation) to be scrapped. Launched by Simon Foster, a Midlands-based landlord, the petition calls on the Government to enable landlords to offset all the running costs against their tax, as they were able to do up… Continue Reading
Carbon Monoxide Detectors to Become a Legal Requirement in Rental Properties
The Smoke and Carbon Monoxide Alarm (Amendment) Regulations 2022 came into force on 1 October 2022. From this date, all relevant landlords must now: 1. Ensure at least one smoke alarm is equipped on each storey of their homes where there is a room used as living accommodation. This has been a legal requirement in the… Continue Reading
Renters Reform – A Fairer Private Rented Sector
BREAKING NEWS – The fairer private rented sector white paper has been published today. PLEASE NOTE – This is NOT law yet and could possibly change multiple times before it does become law, that process usually takes a couple of years. Measures published today also include: Helping the most vulnerable by outlawing blanket bans on… Continue Reading
Service & Pricing Update for 2022
With news of another online agent being sold due to high debt levels (Howsy who also own Urban and Upad, Dexters buy Howsy) we want to assure you that we aren’t going anywhere! We have always been owner-funded, have no debts and will continue to provide you with outstanding customer service. What services are changing?… Continue Reading
Part & Full Property Management from The Online Letting Agents
Whether you just need help with the admin and legal side of things, or everything, including maintenance, we can help with our part and full property management solutions. We may not be local to your property, but we always know someone who is, and along with our dedicated staff here in the office to make… Continue Reading