The latest news from the lettings industry

Newsagent covers the latest news and insights from the private rented sector for letting agents.

8 December 2021

How to position your agency's property management provider in the right way [+ podcast]

Outsourcing property management is a great way for agencies to expand without the need to employ extra team members, but what's the best way to position this service to your landlords? Neil Baldock, Charles David Casson, shares his thoughts.

7 December 2021

Sean Hooker: 6 key insights from the "Lettings and the legal tsunami" panel

From landlord registration and redress, to enforcement and consumer rights - Sean Hooker, Head of Redress at the Property Redress Scheme, delves into a panel at the Negotiator Conference 2021, to highlight the expert speakers' top lettings legislation insights.

6 December 2021

Q&A: A look ahead at lettings legislation in 2022 with Robert Bolwell

Robert Bolwell, Senior Partner at Dutton Gregory, answers your questions on the upcoming legislation that agents and landlords need to consider in 2022.

2 December 2021

Voids drop as renters rush to capitalise on cooling prices - Goodlord Rental Index

Void periods dropped across England during November as demand for rental properties continued apace. The average cost of rent was also down, further fuelling tenant demand to snap up new properties ahead of Christmas.

1 December 2021

Guidance for moving home during Covid-19 updated in light of the Omicron variant

There is updated guidance available for estate and letting agencies to help mitigate the risk of infection from Covid-19, particularly in the face of the new Omicron variant.

1 December 2021

Reapit: Can the nation "level-up" with rents at the current level?

Rents are high and this may affect future generations of tenants as the cost of living continues to rise while wages stagnate, as explained by Adrian Gill, Non-Exec Board Member at Reapit.

29 November 2021

5 ways that renewals and fixed-term contracts can boost your agency's revenue

How can your agency generate revenue and save costs by renewing your landlord's tenants onto a fixed-term tenancy? Emily Popple, Head of Customer Success, explains.

24 November 2021

Your guide to the extended regulations on domestic smoke and carbon monoxide alarms

The government has confirmed an extension to the regulations for smoke and carbon monoxide alarms, which will include requiring landlords to install a smoke alarm in social rented homes, and private and social landlords to install carbon monoxide alarms in any room where a fixed combustion appliance is used.

24 November 2021

What's the future of video in lettings?

From virtual viewings to webinars, video became an important channel for communication with landlords and tenants, and for keeping lettings ticking along throughout Covid-19. Matt Dilkes, Lettings Director at Christopher Shaw, predicts how these solutions will be used long term.

22 November 2021

Your guide to key lettings legislation dates for agents and landlords in 2022 and beyond

From the end of the temporary Covid-adjusted right to rent checks to Making Tax Digital for VAT returns, landlords are going to need letting agents' guidance more than ever in 2022 when it comes to compliance.

How to position your agency's property management provider in the right way [+ podcast]

Posted by Neil Baldock on 08 December 2021

More agents are realising that they need the lettings side of the business for regular cash flow. It sees you through uncertain times and can help you grow your business, but that benefit competes with increased compliance and the cost of employing extra people. The solution? Use an outsourced property management provider - or, as I like to call it, a property management partner.

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Topics: Customer experience

Sean Hooker: 6 key insights from the "Lettings and the legal tsunami" panel

Posted by Sean Hooker on 07 December 2021

“Everything changes but change itself. Everything flows and nothing remains the same...You cannot step twice into the same river, for other waters and yet others go flowing ever on." This quote, attributed to Heraclitus the Greek philosopher, could be used to describe the challenges facing the property agent sector over the last decade or so, but certainly will be the mantra for the years to come.

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Topics: Compliance

Q&A: A look ahead at lettings legislation in 2022 with Robert Bolwell

Posted by The Goodlord team on 06 December 2021

Robert Bolwell, Senior Partner at Dutton Gregory, joined Goodlord's CEO, William Reeve, in a CPD certified webinar, Lettings legislation in 2022: Looking ahead, to discuss the latest developments in the Regulation of Property Agents, the Renters' Reform Bill, and the Minimum Energy Efficiency Standards.

CONTENTS

1. Regulation of Property Agents

2. Renters' Reform Bill

3. Minimum Energy Efficiency Standards

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Topics: Compliance

Voids drop as renters rush to capitalise on cooling prices - Goodlord Rental Index

Posted by The Goodlord team on 02 December 2021

Void periods dropped across England during November as demand for rental properties continued apace. According to the latest Goodlord Rental Index, some regions saw voids decrease by as much as 30%. During the month, the average cost of rent was also down, further fuelling tenant demand to snap up new properties ahead of Christmas. 

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Topics: Data

Guidance for moving home during Covid-19 updated in light of the Omicron variant

Posted by The Goodlord team on 01 December 2021

The Omicron variant has led the government to update its guidance on safety measures to reduce the risk of transmission. It has confirmed that the housing market can remain open at this stage. All planned moves and viewings can continue and tradespeople can continue to work in other people's homes, unless self-isolation restricts access to a property. Everyone involved in the process of letting out a property, from letting agents and landlords to prospective tenants, is advised to keep up good hygiene practices, with hand washing and sanitising.

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Topics: Covid-19

Reapit: Can the nation "level-up" with rents at the current level?

Posted by Adrian Gill on 01 December 2021

A guest blog by Adrian Gill, Non-Exec Board Member at Reapit.

The oft-cited variation of writer Daniel Defoe’s famous proverb that "nothing is certain except death and taxes" should perhaps have a revision: that nothing is certain except increases to house prices and rents. Now, price growth certainly isn’t a bad thing in itself, but without at least or greater than equal wage growth to offset the difference, affordability becomes an issue that affects everyone and has wider implication for the economy as a whole.

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Topics: Customer experience

5 ways that renewals and fixed-term contracts can boost your agency's revenue

Posted by Emily Popple on 29 November 2021

We're seeing more and more agents renewing tenancies on fixed-term contracts. Why? Government statistics show that private renters stay in one place for 4.3 years on average, and letting agents can help their landlords capitalise on the extra security and regular income fixed-term contracts can provide for this extended period.

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Topics: Business

Your guide to the extended regulations on domestic smoke and carbon monoxide alarms

Posted by Andrea Warmington on 24 November 2021

Following a consultation on the government’s proposals to extend regulations on domestic smoke and carbon monoxide alarms in both social and private rented accommodation, the government has now confirmed its plans amend the Smoke and Carbon Monoxide Alarm (England) Regulations 2015. The new regulations will make smoke alarms mandatory in all social rented homes, carbon monoxide alarms will need to be fitted in all rented properties with gas boilers or fires and in all rooms with a fixed combustion device - plus all landlords will be required to fix faulty alarms once informed of any issue.

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Topics: Compliance

What's the future of video in lettings?

Posted by Matt Dilkes on 24 November 2021

In the lettings industry, we all took to video like a duck to water when the pandemic hit, with virtual viewings allowing us to continue to help people move and video content becoming an easy substitute for face-to-face meetings. As we head out of the pandemic, will these two innovations stick with us?

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Topics: Customer experience

Your guide to key lettings legislation dates for agents and landlords in 2022 and beyond

Posted by The Goodlord team on 22 November 2021

Although there are fewer Covid-related deadlines on the horizon for 2022, there's still plenty going on in lettings legislation. Right to rent checks will return to normal, and landlords and agents alike will need to start digitising their systems for Making Tax Digital. Plus, you'll need to keep tabs on the evolving energy crisis and plans to increase minimum energy efficiency standards - and prepare for the Renters' Reform Bill white paper, expected to land in early 2022.

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Topics: Compliance

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