23 July 2019

    Your guide to the Regulation of Property Agents Report (RoPA)

    New recommendations from the Regulation of Property Agents Report (RoPA) could signal the beginning a new era for estate agents and letting agents alike.

    8 July 2019

    Welsh agencies bracing for impact of Tenant Fee Ban

    Wales is the next country to be hit by a ban on tenant fees, when new legislation comes into effect on 1st September 2019.

    26 June 2019

    Global renting round-up: Rent controls, an Airbnb backlash and build-to-rent

    We round up the biggest stories from the private rented sector around the world, visiting Europe, the US, Canada and Australasia.

    25 June 2019

    Selective licensing should be retained and a register of landlords created, says review

    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.

    17 June 2019

    Your complete guide to the English Tenant Fees Ban

    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.

    12 June 2019

    How do deposit replacement schemes work?

    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. 

    10 June 2019

    How to stay compliant in lettings: Advice from a leading agency trainer

    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.

    3 June 2019

    Retaining and returning holding deposits under the Tenant Fees Act

    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.

    29 May 2019

    How are your existing tenancies affected by the Tenant Fee Ban?

    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?

    22 May 2019

    Expansion through acquisition is "worth the risk" for agencies who want to grow

    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.

    Your guide to the Regulation of Property Agents Report (RoPA)

    Posted by Andrea Warmington on 23 July 2019

    A new regulatory framework for property agents is on the horizon, following the publication of the Report on the Regulation of Property Agents (RoPA) by a working group chaired by Lord Best, which included sweeping recommendations for regulation of the profession. These recommendations include the introduction of:

    • a new, independent property-agent regulator
    • a legally-enforceable Code of Practice for property agents 
    • minimum entry requirements and mandatory professional development for property agents.

    We’ve put together a quick guide to the report’s key points.

    Read More

    Topics: Compliance

    Welsh agencies bracing for impact of Tenant Fee Ban

    Posted by Andrea Warmington on 08 July 2019

    Welsh agents are bracing themselves for the impact of new legislation that will ban tenant fees. The Renting Homes (Fees etc.) (Wales) Bill comes into effect on 1st September 2019 and is set to affect the 99% of Welsh agencies who currently charge an average of  £181.15 in fees per tenancy.

    Read More

    Topics: Compliance

    Global renting round-up: Rent controls, an Airbnb backlash and build-to-rent

    Posted by Andrea Warmington on 26 June 2019

    Renting is big business around the world and new innovations and legislation overseas are often replicated across the globe, including here in the UK. In this month’s global renting round up, we visit major cities in Europe, New York, Sydney, Canada and New Zealand. 

    Read More

    Topics: Compliance

    Selective licensing should be retained and a register of landlords created, says review

    Posted by Andrea Warmington on 25 June 2019

    Selective licensing should be retained and a national register of landlords created, recommended an independent review on the use and effectiveness of selective licensing commissioned by the Ministry of Housing, Communities and Local Government.

    Read More

    Topics: Compliance

    Your complete guide to the English Tenant Fees Ban

    Posted by The Goodlord team on 17 June 2019

    The Tenant Fees Act officially came into effect in England on 1st June 2019. Here's your guide to the new legislation and its application. For more information, please refer to the official guidance at gov.uk

    Read More

    Topics: Compliance

    How do deposit replacement schemes work?

    Posted by Oli Sherlock on 12 June 2019

    Deposit replacement schemes are becoming increasingly popular with both letting agents, landlords and tenants alike - but how do they actually work? In a nutshell, deposit replacement schemes are services taken out by either tenants or letting agents to provide protection to the landlord against any potential breaches of the tenancy agreement. In most cases the tenant pays a non-refundable fee instead of a traditional deposit of five or six weeks’ rent.

    Read More

    Topics: Compliance

    How to stay compliant in lettings: Advice from a leading agency trainer

    Posted by Andrea Warmington on 10 June 2019

    “Don’t cut corners because you’re worried about losing income,” says a leading compliance trainer for letting agents. “I fear that many agents might try to cut corners because they can’t charge tenants a fee for certain services anymore,” says Frances Burkinshaw, former ARLA Propertymark President and letting agent with almost five decades’ experience in the industry who now works as an independent compliance trainer. Burkinshaw says agents who try to cut corners risk “getting into more trouble than they would have done before these changes”.

    Read More

    Topics: Compliance

    Retaining and returning holding deposits under the Tenant Fees Act

    Posted by Andrea Warmington on 03 June 2019

    Do you know what your referencing provider is asking your applicants? You should, because how well you know your referencing criteria could have a major impact on whether or not you can legally retain a holding deposit, since the Tenant Fees Act came into effect on 1 June 2019, introducing strict rules around returning or retaining holding deposits. 

    Read More

    Topics: Compliance

    How are your existing tenancies affected by the Tenant Fee Ban?

    Posted by Andrea Warmington on 29 May 2019

    “The law is not retrospective,” noted ARLA CEO David Cox in a Goodlord webinar. This means the ban won’t apply to tenancies that were already in place on 1st June 2019 until they are renewed and become a new fixed term agreement. 

    Read More

    Topics: Compliance

    Expansion through acquisition is "worth the risk" for agencies who want to grow

    Posted by Andrea Warmington on 22 May 2019

    “Purchasing another company is a lot of risk, effort and full of complications,” says Elinor O'Neill. “But it can also bring massive reward and help you grow much quicker than what you would have done organically if the acquisition is managed well.” O'Neill is a Joint Venture Partner at loc8me, a student accommodation provider. The company has expanded rapidly throughout the country since it was founded by Raffaele Russo in Loughborough a decade ago, driven by its founder’s desire to bring loc8me’s vision for contemporary student accommodation to every university city in the country.

    Read More

    Topics: Compliance

      Protect your landlords

      Latest ebook

      Latest tweets