Come June 1st, the lettings landscape is changing. The long-awaited Tenant Fees Act that began in 2017 comes into force and landlords and lettings agents will no longer be able to charge for a range of services. The Act is undoubtedly designed to make renting cheaper, with tenants expected to save around £272 on average. […]
The idea of a new tenants bill first reared its head in April 2017, when the Government launched an eight-week consultation and gathered 4,274 views and details on how a potential ban could be introduced. This consultation was, to many, long overdue, with fees rising in London to an average of £404 for a two […]
If you are planning to move to a new area and letting your own home, then you have to manage both the houses, but sometimes people don’t have time to manage a rental property, so the letting agent can be the answer to all your landlord problems in exchange of rental agency fees. The letting […]
The ban on tenant fees in the Tenant Fees Act 2019 (the Act) will come into force on 1 June 2019. The Act limits the fees which residential landlords and letting agents in England can charge to tenants and their guarantors. Breach of the Act could result in substantial civil penalties and criminal sanction and […]
The rent agreement is a legal document which states the relationship between landlord and the tenant to comply with the conditions which they both are agreed on. It is an important document which sort out the differences at the time of dispute between both the parties. One must consider the following points before finalising the […]
Landlords or any letting agent aren’t liable to charge fees to tenants. This includes charges of renewal or extension of any tenancy. Letting Fees Letting agents can charge to the landlord for the services they are providing, but they can’t charge their letting agent fees from tenants, as they are not allowed to do so. […]
Most of the people have no idea what is an estate agent exactly do other than just advertising the homes which are for sale and bring them in the notice of perspective buyers but they do a lot than just sales, people as most imagine and the lengthy, complex transaction process requires a lot more […]
landlord is the person who is the real owner of the property or you can say rental property, who leases the property to another person. The landlord is also referred to as the “lessor” of rental property. The landlord allows a tenant use and occupy his/her rental property in exchange for the monthly payment of […]
The profession of letting agents is on the boom these days, because people, these days don’t have time to manage their own property. Whereas, when it comes to services which are rendered it is important to consider everything you are paying for and to determine whether taking a back seat is actually saving the cost. […]
A letting agent is the one who find suitable tenants for the property on behalf of the owner who hires him. The agent commences the process only after understanding the requirements of the owner which may include the rent rate, and various other needs like to whom they want to give their house on rend. […]
