7 December 2020

Lockdown, lettings, and looking ahead to 2021: Q&A with Andrews and LiFE Residential

How prepared is your agency for 2021? Andrews and LiFE Residential discuss the continued impact of Covid-19, how Brexit could impact the lettings industry, and what's in store for the year ahead.

2 December 2020

Rents drop in November as lockdown slows UK lettings market - Goodlord Rental Index

The cost of rent dropped in every region monitored by Goodlord during November, with void periods edging up in most regions.

1 December 2020

Why referencing is more important than ever before

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.

30 November 2020

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

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.

25 November 2020

How letting agents can educate and inform to earn their landlords’ trust

Agents who clearly communicate their expertise to landlords and help keep them up to date on what they need to know will find managing relationships between parties, and therefore retaining customers, much easier, as estate and lettings agency Wills & Smerdon has learned.

23 November 2020

Tougher rules for businesses not following COVID-secure guidance when English lockdown ends

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.

23 November 2020

The Brexit effect on bank accounts and what this means for non-UK resident landlords

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.

20 November 2020

Why insurance will be pivotal to letting agents' landlord proposition in 2021

It’s more important than ever that letting agents are offering their landlords rent protection insurance as part of a comprehensive proposition, says Goodlord's Head of Insurance, Oli Sherlock, and it will help them to stand out from the competition in the coming year.

18 November 2020

4 ways to bring value to your agency through reinvestment

Sussex-based estate and lettings agency, Michael Jones, is always looking at ways to reinvest in its own business, and others, to grow and boost its activities. Here are four areas where it’s seen success.

17 November 2020

Right to rent checks: a digital future

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".

Lockdown, lettings, and looking ahead to 2021: Q&A with Andrews and LiFE Residential

Posted by The Goodlord team on 07 December 2020

Covid-19 completely disrupted the plans of many businesses this year and will continue to have an impact on the global economy until the vaccine is rolled out. At the same time, an uncertain Brexit remains just around the corner. Ellie Donaghy, Head of Lettings at Andrews, and Jonathan Werth, Managing Director at LiFE Residential, joined Goodlord to discuss a challenging year and how they're preparing for 2021.🎧

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Topics: Business

Rents drop in November as lockdown slows UK lettings market - Goodlord Rental Index

Posted by The Goodlord team on 02 December 2020

The latest Goodlord Rental Index shows a subdued rental market during November, thanks to the country-wide lockdown. Rents were down and voids were up, with the average income of tenants also starting to slide. However, the market picked up speed again during the last week of November, with renewed activity sparking an above average rate of new applications during a traditionally quiet period for the market. 

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Topics: Data

Why referencing is more important than ever before

Posted by Jaime Tillyer on 01 December 2020

Tenant referencing is hugely important in the pre-tenancy process for landlords and letting agents - at any time and not just in the current uncertain circumstances. However, it’s come to the fore now for a number of reasons.

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Topics: Business

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

Posted by Andrea Warmington on 30 November 2020

Consultation is now open on the government’s proposals to extend regulations on domestic smoke and carbon monoxide alarms in both social and private rented accommodation. The proposals include requiring social landlords to ensure at least one smoke alarm is installed on each storey of a building where any rooms are used as living accommodation; requiring carbon monoxide alarms to be fitted alongside the installation of fixed combustion appliances of any fuel type; and requiring private and social landlords to install carbon monoxide alarms in any room used as living accommodation where a fixed combustion appliance is used. The consultation will be open until 11 January 2021.

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Topics: Compliance

How letting agents can educate and inform to earn their landlords’ trust

Posted by Suzy Lycett on 25 November 2020

“We have been in business since 1933 and like to think of ourselves as the local property experts,” says Sara Grey, Lettings Manager at the Ripley and Horsley-based Wills & Smerdon.

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Topics: Business

Tougher rules for businesses not following COVID-secure guidance when English lockdown ends

Posted by Andrea Warmington on 23 November 2020

The situation with Covid-19 is rapidly changing and this article will continue to be updated throughout. For the latest guidelines, please refer to gov.uk.

The Government has announced that England will be moving back into a system of tiered restrictions as part of its “Covid-19 Winter Plan” for when the second national lockdown ends on 2 December. Although the restrictions will be “tougher” than they were in October, it currently appears that the lettings industry will be able to continue operating as it has during the lockdown, with “moving home” listed as being exempt from the restrictions on gatherings at every tier. Courts will also remain open at every tier.

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Topics: Covid-19

The Brexit effect on bank accounts and what this means for non-UK resident landlords

Posted by Suzy Lycett on 23 November 2020

UK banks currently benefit from an EU “passport”, which gives banks licensed in one European Economic Area (EEA) country “the right to conduct business in the EEA based on their home state authorisations” but this is likely to change once the UK officially leaves the EU at the end of 2020.

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Topics: Business

Why insurance will be pivotal to letting agents' landlord proposition in 2021

Posted by The Goodlord team on 20 November 2020

Rent protection insurance has never been a more crucial component of a letting agency's landlord proposition than it has been this year, providing landlords - and their agents - with the security of income in an environment of uncertainty. Now, in the midst of a second national lockdown, it’s more important than ever that letting agents are offering their landlords this protection as part of a comprehensive proposition. Goodlord’s Head of Insurance, Oli Sherlock, talks about how the market has changed in 2020 and how a comprehensive rent guarantee product can help letting agents strengthen their offering to landlords in 2021.

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Topics: Covid-19

4 ways to bring value to your agency through reinvestment

Posted by Suzy Lycett on 18 November 2020

“In this ever evolving marketplace, you need more and more investment into your business to stay ahead of the curve,” says Mark Howell, Group Lettings Manager at Michael Jones & Company - and he shares how investing in different ways can help you get the best results.

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Topics: Business

Right to rent checks: a digital future

Posted by The Goodlord team on 17 November 2020

The English right to rent checks on the immigration status of potential tenants, first introduced in 2016, are mandatory for letting agents and their landlords. Any agents or landlords accepting a tenant who doesn’t have the right to reside in the UK will leave themselves open to prosecution and potential unlimited fines.

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Topics: Compliance

    The countdown to summer is on