Landlord Action's Legal Director, Tim Frome, answers questions about what the Debt Respite (Breathing Space) Scheme could mean for letting agents, landlords, and their tenants.
The Bank of England is currently considering the introduction of negative interest rates, to stimulate the economy and encourage more spending. So what would this mean for your landlords - and will their mortgages be free?
An effective brand begins with understanding your target audience, says Peter Knight, founder of the Property Academy, in this extract from "How to win more landlords in a challenging environment".
Tenant housing priorities have shifted as a result of Covid-19 - though demand is still high - which means that letting agents who rethink the way they position their properties could help their landlords find and retain the best tenants in the current market.
The Government has extended the evictions ban in England for a further six weeks, meaning that evictions will not be enforced by bailiffs until 31 March 2021 at the earliest.
ARLA Propertymark's Robert Bolwell, Senior Partner at Dutton Gregory, answers questions on the Changes to the evictions process, serving notices and new court processes as a result of Covid-19.
The Debt Respite Scheme, or "Breathing Space" law, will come into effect on 4 May 2021 in England and Wales, to "give someone in problem debt the right to legal protections from their creditors" - including tenants.
Rents are holding steady in the regions monitored by the Goodlord Rental Index, despite the slower pace of lettings at the beginning of the year.
Legislation is now one of the key drivers for landlords choosing to take up a letting agent's services. Showing how much you can do for landlords in this area could be the difference between bringing them on as let-only or fully managed, say agents in an extract from Goodlord's e-book "How to win new landlords in a challenging environment".
The pandemic has exposed a number of shortcomings in traditional lettings industry processes, not least in referencing, with many agents now demanding more. Simon Tillyer of Vouch shares his view on how referencing has progressed in the past year.
Christopher Watkin shares why letting agents should use newsletters, blogs, videos, and social media to win more landlords by providing information about their local property market.
The recovery plan for Covid-19 is seen by many as an opportunity to reinforce and boost the UK's commitment to bring its greenhouse gas emissions to net zero by 2050 - and here are just three ways the housing market can play its part in 2021.
The guidance for landlords and tenants during Covid-19 has been updated to make serious rent arrears "greater than 6 months' rent" exempt from the extended evictions ban in England - removing the stipulation that rent accrued since the start of the first lockdown in March 2020 could be discounted.
The cost of rent saw only minimal change in the regions monitored by Goodlord during December, with average void periods either improving or holding steady.
As under Tier 4 restrictions, the lettings industry can continue to operate during the third national lockdown in England. Letting agencies can "continue to work" and people are permitted to move home.
Covid-19 guidelines for letting agents and landlords, updated with the introduction of a fourth tier and still applicable during the third national lockdown, continue to prioritise tenant safety while reminding agents of tenant protections in place.
From Electrical Safety Standards through to right to rent changes as a result of Brexit - in addition to the continuing impact of Covid-19 - it's going to be another busy year and landlords are going to need letting agents' guidance more than ever when it comes to compliance.
It's a year on from the Queen's speech outlining the Renter’s Reform Bill, including lifetime deposits. Here's an extract from our latest e-book, Your guide to lettings and the law, Vol II, to look at the sentiment around this deposit passporting concept.
Goodlord and DAS UK Group jointly won "Claims Partner of the Year" at the 2020 Insurance Times Awards, recognising their market-leading Rent Protection & Legal Expenses Insurance policy which ensured that landlords, agents and tenants stayed protected throughout the pandemic.
Goodlord’s Head of Insurance, Oli Sherlock, discusses how Rent Protection Insurance could help letting agents strengthen their offering to landlords in 2021.
The cost of rent dropped in every region monitored by Goodlord during November, with void periods edging up in most regions.
Vouch’s Jaime Tillyer shares her insights and expertise on tenant referencing, and why a robust service is more important than ever for letting agents and their landlords.
The proposals include requiring social landlords to ensure at least one smoke alarm is installed on each storey of buildings; requiring carbon monoxide alarms to be fitted alongside the installation of fixed combustion appliances; and requiring private and social landlords to install carbon monoxide alarms in any room where a fixed combustion appliance is used.
Local authorities will have greater powers to enforce compliance on businesses operating in an unsafe way, including financial penalties, when England returns to tiered restrictions on 2 December 2020.
The end of the year is looming and, with it, the end of the Brexit transition period. Some banks are expecting this to change their ability to operate freely across borders in the European Economic Area, and are already taking steps to close accounts for some of their EU-based customers - including UK landlords living abroad.
Right to rent checks in England moved temporarily online in March 2020 in line with Covid-19 safety measures - and the government has doubled down on this initiative with the introduction of an online platform, in this extract from our e-book, "Your guide to lettings and the law, Vol II".
"It's more important now than ever to make sure you get professional advice about the serving of a notice," says Tim Frome, discussing the most recent changes to the possession process as a result of Covid-19.
Leicester's lettings market in the region saw a spike in activity immediately before restrictions were introduced, followed by a significant slowdown when year on year figures were compared.
The introduction of Electrical Safety Standards in the Private Rented Sector (England) Regulations 2020 during the pandemic has led to extra safety measures being put in place - and highlighted potential bottlenecks in the process, in this extract from our e-book, "Your guide to lettings and the law, Vol II".
Lettings legislation unrelated to Covid-19 has still been passing during the pandemic, says Tim Frome, Landlord Action’s Legal Director, and letting agents and landlords need to keep abreast of changes to Electrical Safety Standards Regulations, right to rent, and Section 21.
The Coronavirus Job Retention Scheme has been extended until 30 April 2021, as restrictions increase throughout the UK.
Activities in connection with the purchase, sale, letting or rental of a residential property have been made exceptions to the "stay at home" guidance under lockdown legislation.
Engaged staff are good for business, but how do you make sure your staff stay motivated and productive during lockdown and beyond?
October proved a slower month for the UK rental market, with the average cost of rent decreasing and void periods increasing in all regions monitored by Goodlord.
In this excerpt from our latest e-book, "Your guide to lettings and the law, Vol II", the move towards regulation of estate and letting agents has progressed in 2020, with a consultation on the Code of Practice - and agents are looking ahead to the changes the regulation may bring to the industry.
The justice secretary wrote to bailiffs’ trade associations requesting that they do not carry out evictions in areas under Tier 2 and Tier 3 Covid-19 restrictions.
A new qualification for estate and letting agents is helping those looking for an alternative approach.
Eligible tenants will now be able to prove their right to rent online via the Home Office’s new online checking service, while the rules for conducting right to rent checks on B5JSSK nationals arriving via e-passport gates have been clarified.
Goodlord customers will now be able to use a bank-grade authentication service that uses facial recognition to match photos of applicants to the photo on their ID as part of its revamped referencing service.
A legal expert for ARLA Propertymark answers letting agents' questions on kickstarting the possession process for stayed cases, how long it could take for cases to be heard, accelerated procedures, notice periods for arrears, and more.
Robert Bolwell, Senior Partner at Dutton Gregory, which manages the ARLA Propertymark Legal Helpline, said letting agents and landlords should consider serving a second Section 8 notice if rental arrears accrue to more than six months of missed payments.
A consultation is underway on the Government's proposal to raise the minimum energy efficiency standards for private rented properties to EPC Band C by 2028.
Open banking has potential applications across many industries - not least in lettings. Here’s how this secure online solution can help estate agents and letting agents.
Goodlord reveals key figures for the private rented sector for September 2020 based on tenancies processed through our platform, including average rents and voidage periods, in the Goodlord Rental Index.
This agency took an understanding and flexible approach to tenants struggling to pay rent during the pandemic - and has since been rewarded with a nil eviction rate and strong demand.
New measures to support workers and businesses impacted by Covid-19 over winter include the Job Support Scheme, extensions to loan and grant schemes, and tax payment deferrals.
Landlord Action's Paul Shamplina joined Goodlord's Oli Sherlock in a webinar, Everything you need to know about the pre-action protocol, to discuss the latest developments in eviction proceedings, including the serving of notices, reactivation notices, and the wider effects of the changes over the past six months.
Property professionals are feeling more optimistic about the lettings sector than they were at the outset of 2020, despite the challenges of Covid-19, shows Goodlord's State of the Industry Report for Summer 2020.
Letting your tenants know what to expect from the pre-tenancy tenancy process will help them move through it faster. Here are three areas you can advise them on plus a downloadable flyer for your tenants, outlining the referencing steps.
Goodlord has announced the integration of its award-winning lettings software with Reapit, the industry’s leading property management software provider, to further streamline the lettings process for agents.
Goodlord reveals key figures for the private rented sector for August 2020 based on tenancies processed through our platform, including average rents, tenancy lengths, voidage periods and more, in the Goodlord Rental Index.
With the growth in pet ownership since the start of the pandemic, and the revised Model Tenancy Agreement making it easier for tenants to rent with pets, now is the time for your landlords to examine the benefits of allowing pets in their property, to appeal to this growing tenant base.
Peter Lightfoot, Director of Elevation Lettings, winners of the Best Small Lettings Agent in the UK 2020, writes about the positive developments that his business has seen come out of a difficult period.
Agencies need to be aware of restrictions around travel and mandatory quarantine periods to keep their staff and their customers safe from Covid-19.
Local lockdowns are the government’s preferred alternative to another nationwide lockdown, but what does this mean for estate and letting agencies? Here’s advice from agents on the ground on how to prepare for a local lockdown.
Goodlord reveals key figures for the private rented sector for July 2020 based on tenancies processed through our platform, including average rents, tenancy lengths, voidage periods and more, in the Goodlord Rental Index.
DAS Law answers key questions about your employees' rights when returning to the workplace, including whether they can refuse to return if they feel it's unsafe, whether they can ask to remain on furlough, and if it's safe for them to return to work if they've recovered from Covid-19.
Costas Frangeskou, Goodlord’s Director of Sales, formerly of Rightmove, and Hamad Al Qubaisi, Lettings Manager at Barrows & Forrester, answer questions about recent changes in the sales and lettings market and what the future holds, including the impact of new legislation and tenant priorities.
Rent guarantee cover has been under scrutiny for its performance during the pandemic. Agents offering this service to their landlords may risk losing the trust of their customers with the wrong policy, so here are four things to consider when making the choice.
All claimants are now required to provide the courts with information about the impact of the Covid-19 pandemic on their tenants as part of the temporary changes to the possession action process.
Almost half of agents want their agencies' cultures to shift to one of increased remote work, found a poll by Goodlord.
DAS Law answers key questions about the government's 'pre-action' protocol, including what agents and landlords should consider before initiating any proceedings, what could the pre-action protocol for possession claims based on rent look like, and what to do if you've already served notice.
Tenant referencing can impact whether or not you can retain a tenancy deposit if a tenancy application falls through and could even affect your eligibility for insurance, so it's crucial that you have a robust process in place.
Leading property technology company Goodlord has announced that it will be joining forces with referencing platform Vouch, bringing the fast-growing Vouch business into the Goodlord group.
The Chancellor's summer statement sets out a plan to boost jobs in the UK economy post-pandemic - and here are three key takeaways for estate and letting agents to consider.
David Swigciski, Director of Client Services at DAS UK Group and Oli Sherlock, Head of Insurance at Goodlord, reflect on the support they provided for agents, landlords and tenants during the Covid-19 crisis.
Make sure you’re not wasting your agency’s time or money on applicants your referencing provider would advise against with just a few key questions.
Goodlord's Lettings Activity Tracker and latest Rental Index show a continuation of the strong demand seen since restrictions on moving home were lifted, and rent increases nearly across the board.
Customers needs and expectations will likely be altered forever by the pandemic. Here are a few ways agencies could rethink their service offering to make sure they're meeting the needs of their landlords and tenants in the post-lockdown period.
In a highly uncertain environment, agencies will need to think differently about the future and plan for different scenarios. Goodlord lays out four versions of the future of the lettings industry.
Pre-tenancy administration is proving time-consuming for many property professionals, with almost half of agents saying it took them more than three hours to complete in a survey of the lettings industry by Goodlord.
Landlords will need to give tenants six months notice if they intend to regain possession of their property and no tenants will be evicted over Christmas.
Boost your agency's marketing with buyer personas, content, and a more flexible approach, and start winning more business.
Goodlord's Lettings Activity Tracker and latest Rental Index show a remarkable bounce back in lettings activity since restrictions around moving house were lifted in mid-May.
Legislation and tax, property repairs and damage, and managing void periods are among the top concerns of landlords for the year ahead, in addition to the impact of the pandemic on rent payments.
The Electrical Safety Standards in the Private Rented Sector (England) Regulations 2020 came into force on 1 June 2020 and require five-yearly inspections of electrical installations and inspection reports to be supplied to tenants.
Letting agents, landlords and contractors can now visit tenants’ homes to carry out a range of essential and non-essential work or maintenance, as long as they are following the guidance on working in people’s homes.
Contingency planning has meant a smooth transition to home work for this agency - and a culture of training has helped it adapt to respond to the needs of its tenants and landlords.
All assured shorthold tenancies, student accommodation, and licences to occupy housing in England will be subject to the Tenant Fees Act from 1 June 2020, regardless of when the tenancy agreement was originally entered into.
Social distancing will mean changes to how staff arrive and leave the office, how they move around the office or work at a desk, during meetings and break times, or interacting with customers.
Tenants will need to change the way carry out their property search, arrange flexible contracts, and manage their moves carefully to reduce the spread of coronavirus.
The restrictions on lettings activity have been lifted, but “this does not represent a return to normality”. Agencies will need to adapt their practices and procedures, from office visits through to check-in.
All employers will need to carry out a risk assessment before reopening their offices to ensure that their employees can work safely during coronavirus.
All buyers and renters will now be able to complete purchases and view properties in person, while estate agents, conveyancers and removals firms can return to work while following social distancing guidelines, confirmed the Housing Secretary Robert Jenrick.
The government has shared the “first sketch of a roadmap for reopening society” and how the UK will restart its economy as it transitions out of the lockdown.
The shock that letting agencies have experienced due to the pandemic can be likened to the Kübler-Ross stages of grief - an analogy that can help your agency understand how to better adapt for the future.
Small to medium-sized businesses - including many letting agencies - will be eligible to borrow between £2,000 to £50,000 under the government's Bounce Back Loan scheme.
Rents dropped in several regions during April and void periods shifted throughout the month as the lockdown continued to impact the lettings market, shows the latest Goodlord Rental Index.
ARLA Propertymark CEO David Cox answers your questions on managing house moves, non-payment of rent, and the eviction process during lockdown; furlough; upcoming legislation changes including electrical safety standards, the abolition of Section 21 and Regulation of Property Agents, and more.
There are a few ways you can try and replicate those serendipitous moments between team members that occur in the office while your team is working remotely.
The ARLA Propertymark CEO spoke about the impact of coronavirus on the lettings industry in a Goodlord webinar.
Goodlord analysed payment trends from 20,000 UK rental properties and found that there was only a 2% increase in late rental payments over the last month.
Landlord Action's Paul Shamplina answers your questions on how to manage relationships with landlords and tenants during the coronavirus pandemic and changes to legislation around evictions.
Covid-19 could affect the ability of some tenants to pay their rent. We’ve put together a guide to help you manage this scenario, from assessing your tenants' financial situation to arranging a payment plan, including free templates.
Invest time now in creating useful resources that will help your community navigate the coronavirus pandemic and you'll develop long-lasting relationships.
The 10:1 ratio can help you build up positive "credit" with your team members, whether you're working in the office or remotely, and make it easier for to deliver feedback and manage performance.
Many businesses, including letting agencies, are choosing to furlough their staff and take advantage of the government support available during the pandemic. Here's a quick guide to the furloughing process.
It's important to be aware of the differences between face-to-face and remote interactions in order to maintain relationships and ensure your team is working well from home during the coronavirus (COVID-19) pandemic.
It remains a legal requirement to obtain an Energy Performance Certificate before selling or letting a property during the coronavirus (COVID-19) pandemic, the government has confirmed.
Goodlord has revealed details of a new scheme designed to ease cash flow pressures on letting agents and ensure they can continue to support new and existing customers throughout the pandemic. The scheme covers new transactions as well as offering free tenancy renewals.
Goodlord reveals key figures for the private rented sector in March 2020 based on tenancies processed through our platform, including average rents, tenancy lengths, voidage periods and more, in the Goodlord Rental Index.
As the coronavirus (COVID-19) pandemic forces agencies to move to remote working, keeping staff motivated and productive is essential, so your business can continue to run efficiently.
Domestic private rented properties in England and Wales should have a minimum Energy Performance Certificate rating "E" from 1 April 2020.
Right to checks can be carried out over video calls and tenants can supply scanned copies or photos of documents, after the government introduced temporary changes to the process as a result of the coronavirus pandemic.
The government is advising renters to delay moving into a new home for as long as possible and landlords to only carry out urgent repairs while emergency measures are in place to fight coronavirus.
All UK employers can take advantage of the Coronavirus Job Retention Scheme, and claim up to 80% of employees’ wages when they’ve been furloughed due to coronavirus (COVID-19).
Coronavirus (COVID-19) is forcing businesses to adapt quickly to the world of remote working. It’s all about being prepared - and well equipped.
Goodlord has updated their Rent Protection Insurance product to ensure claims can still be processed under the latest rules.
All non-essential premises must now be shut, including agencies, following guidance from the government on business and premises closures to prevent the spread of coronavirus (COVID-19).
The government will put in place a package of measures to protect both landlords and tenants during the coronavirus (COVID-19) pandemic.
Simon Richards, Senior Associate with DAS Legal, answered questions on the legal implications for lettings of the coronavirus (COVID-19) pandemic in a Goodlord webinar.
The Homes (Fitness for Human Habitation) Act 2018 requires all landlords to ensure that their rental properties are fit for human habitation at the beginning of the tenancy and throughout.
Agency businesses that have been affected by coronavirus (COVID-19) could be eligible for government support, including statutory sick pay relief and interest-free loans.
It’s important that letting agents stay up to date with the latest guidance on the coronavirus (CVID-19) and put the appropriate plans in place to ensure their agencies can continue to operate with minimal impact on their businesses.
Goodlord has raised over £10m in a Series B funding round and plans to invest more resources in the development of its software.
The latest Goodlord Rental Index has shown an encouraging decline in void rates during February. However, rents proved as expected for the season and dipped slightly across all but three regions monitored.
It has been mandatory for letting agents in England to belong to a client money protection scheme 1st April 2019 in order to safeguard the funds of their landlords and tenants.
Customer due diligence means not only verifying that your customers are who they say they are, but also having an understanding of the purpose and intended nature of their relationship with your business.
Climate change regulations will likely have a significant impact on legislation of the private rented sector in the next few years, with Minimum Energy Efficiency Standards just the first in a series of regulations to help the UK reach net zero emissions.
Goodlord’s State of the Industry Report has revealed key insights revealing current levels of industry optimism.
"Lifetime deposits" or "deposit passporting" looks set to become a reality under the Government's Renters' Reform Bill, but there a number of operational and financial issues that would need to be resolved before they are introduced.
Goodlord reveals key figures for the private rented sector in January 2020 based on tenancies processed through our platform, including average rents, tenancy lengths, voidage periods and more, in the Goodlord Rental Index.
It was widely predicted that the ban on tenant fees would have a significant impact on many agencies’ revenues. The latest Goodlord survey results show that, six months on, this is bearing out.
An analysis conducted by Goodlord looked at thousands of lets from across the UK. The research revealed that the average monthly price of a UK rental property was cheapest in February.
Letting agents and landlords will need to keep up with the lifestyle being offered to tenants by new build-to-rent developments in order to stay competitive in the coming decade.
When the UK leaves the EU on 31st January 2020, it will enter an 11-month transition period, designed to provide time for the details of the new relationship between the UK and the EU to be agreed.
Businesses that are regulated by money laundering legislation need to carry out a risk assessment, to identify where they could be at risk of being used for money laundering. Use our free template as the basis for your agency's risk assessment.
The Director of Lettings and Sales at one of London's oldest agencies shares why property management has been one of its keys to success and four ways to improve your processes when it comes to looking after your clients' biggest assets.
Goodlord reveals key figures for the private rented sector in December 2019 based on tenancies processed through our platform, including average rents, tenancy lengths, voidage periods and more, in the Goodlord Rental Index.
Letting agents will need to carry out a risk assessment and customer due diligence to ensure their processes are compliant under the The Money Laundering and Terrorist Financing (Amendment) Regulations 2019.
The government has proposed a sweeping set of reforms for the private rented sector in England with its Renters' Reform Bill, including abolishing Section 21, making changes to Section 8, and introducing "lifetime deposits".
The government is likely to forge ahead with its “better deal for renters”, including abolishing Section 21.
The private rented sector has undergone immense legislative change in the past decade - will this continue in the next one? We take a closer look in this extract from Goodlord's latest e-book, Dawn of a decade: Lettings in the 2020s.
Reviews are vital to gaining the trust of new landlords, says the co-founder of a multi-award-winning lettings and property management company in Vauxhall, South London.
Goodlord reveals key figures for the private rented sector in November 2019 based on tenancies processed through our platform, including average rents, tenancy lengths, voidage periods and more, in the Goodlord Rental Index.
Uncertainty abounds almost four years after the referendum. We look at how Brexit could impact the PRS in this extract from Goodlord's latest e-book, Dawn of a decade: Lettings in the 2020s.
Data compiled by Goodlord has revealed which areas of London have seen the biggest drop in EU citizens taking up tenancies since the 2016 Referendum.
We’ve put together a quick guide to the housing policies announced by the Conservatives, Labour, Green Party, and Liberal Democrats, which include everything from ending "no fault" evictions to increasing minimum energy efficiency standards.
Letting agents and landlords need to be aware of their HMO licensing obligations when it comes to rental properties operating as houses in multiple occupation.
Goodlord reveals key figures for the private rented sector in October 2019 based on tenancies processed through our platform, including average rents, tenancy lengths, voidage periods and more, in the Goodlord Rental Index.
Agencies will still need to comply with data protection law after Brexit, and may need to make some changes to their processes if they receive data from the EU.
Minimising voidage periods is only one part of the equation. Agencies need to be able to demonstrate to potential landlords their tenants will not only pay their rent on time, but also take care of the landlord's home like their own.
Brexit is unlikely to have a major impact on most agencies' operations, however, it’s worth making sure you're clear on how Brexit could affect employment, data, and financial services for UK businesses.
The recommendations from the Regulation of Property Agents Report (RoPA) might be several years away from becoming reality, but there are ways that proactive estate and letting agents can start preparing now.
The Mayor of London has called for the powers to re-introduce rent controls in the city. We look at how rent controls previously impacted housing supply in England in the past, and their effect overseas.
Letting agencies who want to be the best need to have the systems in place to excel at the basics, says Property Academy and EA Masters founder Peter Knight.
Goodlord reveals key figures for the private rented sector in September 2019 based on tenancies processed through our platform, including average rents, tenancy lengths, voidage periods and more, in the Goodlord Rental Index.
The latest Goodlord Rental Index has shown that renters in London are now spending double the UK average on rent each month.
The EU's Fifth Money Laundering Directive is just months away from becoming law and letting agents who process rental payments of €10,000 or more a month will need to start preparing to ensure their processes are compliant.
The rights and status of EU, EEA and Swiss citizens living in the UK will remain the same until 30 June 2021, but most will need to apply for the EU Settlement Scheme.
Letting agents are still seeking clarification on the Tenant Fees Act, months after it came into effect. ARLA Propertymark CEO David Cox answered questions on the Tenant Fees Act in a Goodlord webinar on legislation changes.
ARLA Propertymark CEO David Cox answers letting agents' questions on the Government's plans to repeal Section 21, which would put an end to "no-fault evictions", and the proposed improvements to Section 8 to make it easier for landlords to regain possession of their properties.
ARLA Propertymark CEO David Cox answers estate and letting agents' questions on the Regulation of Property Agents Report.
ARLA Propertymark CEO David Cox is urging letting agents to participate in the consultation on the repeal of Section 21.
ARLA Propertymark CEO David Cox will provide expert assistance on the forthcoming repeal of Section 21 and other legislation at Goodlord's next webinar.
Goodlord reveals key figures for the private rented sector in August 2019 based on tenancies processed through our platform, including average rents, tenancy lengths, voidage periods and more, in the Goodlord Rental Index.
Following the announcement from the government of the introduction of the Renting Homes (Fees etc.) (Wales) Act, we've updated our platform to ensure our customers are compliant no matter where their tenancy is.
Goodlord has announced an exclusive partnership with leading insurance provider DAS UK Insurance, offering customers a new Rent and Legal Protection policy.
Letting agents need to be aware of their legal obligations around supplying prospective tenants with a copy of the agreement, and explaining what it means.
Goodlord's first State of the Industry Report reveals how letting agents throughout the UK are feeling during a summer of massive change for the industry.
Stop talking in percentages, change your mindset and invest more in finding great tenants, is one expert's advice for letting agents looking to increase their management fees.
Your guide to the Renting Homes (Fees Etc.) (Wales) Act 2019 and its impact on rent, tenancy and holding deposits, default payments and more.
There's more to tenancy deposit law than tenant deposit protection schemes (TDPs). You also need to make sure you're complying with deposit caps, and the legal timelines for providing prescribed information and returning the deposit at the end of a tenancy.
Goodlord reveals key figures for the private rented sector in July 2019 based on tenancies processed through our platform, including average rents, tenancy lengths, voidage periods and more, in the Goodlord Rental Index.
The Government's key proposals for strengthening Section 8 when Section 21 is abolished, improving or widening the current grounds for repossession, including when a landlord wants to sell a property and if their family members want to move into a property.
New recommendations from the Regulation of Property Agents Report (RoPA) could signal the beginning a new era for estate agents and letting agents alike.
Corporate let tenancies are now available to process through Goodlord, helping agents to streamline their processes and maximise efficiencies.
Wales is the next country to be hit by a ban on tenant fees, when new legislation comes into effect on 1st September 2019.
Goodlord reveals key figures for the private rented sector in June 2019 based on tenancies processed through our platform, including average rents, tenancy lengths, voidage periods and more, in the Goodlord Rental Index.
We round up the biggest stories from the private rented sector around the world, visiting Europe, the US, Canada and Australasia.
Selective licensing schemes should be retained but could be improved with introduction of a national register of landlords, along with a number of other recommendations from an independent review of the schemes' effectiveness.
You can still charge tenants for additional services, as long as the decision to take up these services is optional, and tenants will pay for services that will make their lives easier.
Your guide to the English Tenant Fees Act and what letting agents and landlords need to be know about how it affects rent, tenancy and holding deposits, default payments and payments for assignment, novation or variation of a tenancy and early termination of a tenancy.
Goodlord has appointed property expert and entrepreneur Peter Knight to its Board as an Independent Non-Executive Director.
Deposit replacement schemes are becoming increasingly popular - but how do they actually work? We've put together a guide to the pros and cons of deposit replacement schemes for tenants, landlords and letting agents.
People trust recommendations from friends and family more than any other source, so here's three ways you can get more referrals from your landlords and your tenants.
Letting agents who try to cut corners to save money in the face of increasing lettings legislation risk “getting into more trouble than they would have done before these changes,” says former ARLA Propertymark President Frances Burkinshaw.
Goodlord and flatfair have announced a new partnership to help facilitate deposit-free renting to hundreds of letting agents and landlords across the UK.
Goodlord reveals key figures for the private rented sector in May 2019 based on tenancies processed through our platform, including average rents, tenancy lengths, voidage periods and more, in the Goodlord Rental Index.
The Tenant Fees Act introduced strict rules around when letting agents and landlords can retain a holding deposit and when they should return it, emphasising the importance of knowing your referencing criteria well - and pre-qualifying all of your applicants.
Renters living alone in the UK spend 36% of their income on rent, found research by Goodlord.
The Tenant Fees Act becomes law on 1st June 2019 and will apply to all assured shorthold tenancies agreed from this date. But what does this mean for your existing tenancy agreements?
The Tenant Fee Act of 1st June 2019 brings new challenges to lettings agents and we're committed to helping our customers stay in line with the new legislation.
Purchasing another agency is a complicated process, but can help you achieve growth much quicker if managed well, says a Joint Venture partner at a student accommodation provider that's expanded nationwide.
Gathering insights in order to provide an integrated customer journey is something every business should start thinking about - no matter what industry they're operating in.
The Government has clarified that there will be no changes to the current process for right to rent checks until 1st January 2021.
Goodlord analysed 150,000 tenancies processed through its platform between March 2018 and March 2019 and found a stark decline in the number of EU nationals moving to the UK.
Estate and letting agents must comply with consumer protection law when dealing with landlords and tenants, which includes disclosing all the fees they charge landlords, all the costs associated with letting a property for tenants, as well as any commissions from referrals.
Goodlord analysed 55,000 tenants who applied for a property through our platform and found that 20% cannot rent without a guarantor.
Goodlord reveals key figures for the private rented sector in April 2019 based on tenancies processed through our platform, including average rents, tenancy lengths, voidage periods and more, in the Goodlord Rental Index.
David Cox provides detailed answers to questions from letting agents from around the country about the Tenant Fee Ban.
We want you to let us know when we make a mistake so we can fix it as soon as possible, and improve our processes to make sure the same mistake doesn't happen again.
The ARLA CEO has reiterated the severe penalties that letting agents will face if they are found to have breached the new legislation from 1st June.
This morning we hosted the third in a series of webinars with ARLA CEO David Cox, focusing on the impact of the Tenant Fee Ban.
The Government plans to repeal Section 21 of the Housing Act 1988 under the Renters' Reform Bill, which would put an end to so-called “no-fault” evictions.
“You need to be able to adapt very quickly to changing market conditions,” says one lettings director, whose agency is exploring new avenues to help them overcome the Tenant Fee Ban.
Tenants are making more enquiries online, outside of standard office hours, and agencies need to be able to respond and qualify them faster, says the founder of a virtual assistant for agents.
The ban on tenant fees, coupled with the popularity of deposit replacement schemes, means it could cost renters much less to move home when the Tenant Fees Act comes into effect, and potentially increase the demand for lettings.
Goodlord reveals key figures for the private rented sector in March 2019 based on tenancies processed through our platform, including average rents, tenancy lengths, voidage periods and more, in the Goodlord Rental Index.
Client Money Protection (CMP) is now mandatory, and there have also been changes to the energy efficiency regulations, which could impact your landlords.