Legislation and compliance news and guides for letting agents and estate agents

Keeping the lettings industry up to date with the latest on legislation and compliance in the private rented sector.

1 April 2019

CMP and EPCs: Your guide to two major legislation changes for lettings agents

Client Money Protection (CMP) is now mandatory, and there have also been changes to the energy efficiency regulations, which could impact your landlords.

28 March 2019

Tenant Fees Act: What can you charge tenants and guarantors?

A guide to what the tenant fees ban means for  letting agents and landlords when it comes to charging tenants fees, holding deposits, security deposits,  renewals, shortfall payments, and interest on late rental payments.

24 January 2019

ARLA CEO David Cox urges letting agents to prepare for Tenant Fee Ban

David Cox emphasised the extent of the penalties for not complying with the new legislation at our webinar on the Tenant Fee Ban.

23 January 2019

WEBINAR: ARLA's David Cox answers questions on the Tenant Fee Ban

We were delighted to host the second in a series of webinars with ARLA CEO David Cox, focusing on the impact of the Tenant Fee Ban when it comes into law on 1 June 2019 and how letting agents need to prepare for this.

16 January 2019

ARLA CEO David Cox answers questions on the Tenant Fee Ban

ARLA CEO David Cox will be answering more questions from letting agents on the June 1st Tenant Fee Ban during his second webinar with Goodlord.

5 November 2018

Poorest areas of the country could pay more as a result of the Tenant Fees Bill

Goodlord analysed 30,000 tenancies to assess whether it is possible for the Tenant Fees Bill to deliver on its objective of helping renters across England and Wales - and found the impact would be minimal.

22 October 2018

Letting agents think the fee ban could wipe out rogue agents

The "unregulated market could fall away" as a result of the Tenant Fee Ban, leaving the best agencies to rise to the top and improving the industry overall.

Increase in lettings legislation could help agents to win more instructions

Landlords will need more advice and support from letting agents in order to navigate the increasing compliance required to rent out a property.

3 October 2018

How letting agencies are managing the impact of an ongoing Brexit

The housing market is seeing the impact of the uncertainty and risk caused by an ongoing Brexit process.

21 September 2018

Fee ban inevitable and changes to bill unlikely, says ARLA CEO

ARLA CEO David Cox discussed the impact of the Tenant Fees Ban in our first webinar.

CMP and EPCs: Your guide to two major legislation changes for lettings agents

Posted by Andrea Warmington on 01 April 2019

Two major legislation changes came into effect on 1st April. These are that Client Money Protection (CMP) is now mandatory, and major fines will be levied against agencies that do not comply with the new law. The second change, which might have snuck under the radar for letting agents focused on CMP, is an increase to the amount landlords must spend to improve properties that do not meet minimum energy efficiency standards.

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Topics: Compliance

Tenant Fees Act: What can you charge tenants and guarantors?

Posted by Toby Burgess-Smith on 28 March 2019

The Tenant Fees Act came into law in England on 1st June 2019, banning letting agents and landlords from charging tenants any fees in connection with a tenancy, unless they are specifically permitted by the legislation.

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Topics: Compliance

ARLA CEO David Cox urges letting agents to prepare for Tenant Fee Ban

Posted by Andrea Warmington on 24 January 2019

“Agents who are continuing to charge fees after 1st June should be prosecuted to the full extent of the law,” says ARLA CEO David Cox. “They should be fined to such an extent that it bankrupts their companies.”

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Topics: Compliance

WEBINAR: ARLA's David Cox answers questions on the Tenant Fee Ban

Posted by The Goodlord team on 23 January 2019

ARLA CEO David Cox joined Goodlord to answer the questions of letting agents from around the country, who are looking for more clarity about what the ban will entail and how it will impact the lettings industry overall. 

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Topics: Compliance

ARLA CEO David Cox answers questions on the Tenant Fee Ban

Posted by The Goodlord team on 16 January 2019

The government has confirmed that 1st June will be the date the Tenant Fee Ban takes effect.

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Topics: Compliance

Poorest areas of the country could pay more as a result of the Tenant Fees Bill

Posted by Toby Burgess-Smith on 05 November 2018

The proposed Tenant Fees Bill aims to relieve the financial strain faced by tenants when they move home. Currently, tenants are required to find large amounts of capital to put towards upfront rents, fees and security deposits.

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Topics: Compliance, Data

Letting agents think the fee ban could wipe out rogue agents

Posted by Andrea Warmington on 22 October 2018

Increased regulation and the impact on revenues that will arise from the Tenant Fee Ban could wipe out rogue agents and leave the best agencies to rise to the top, say some letting agents - and improve the industry overall as a result.

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Topics: Compliance

Increase in lettings legislation could help agents to win more instructions

Posted by Toby Burgess-Smith on 16 October 2018

Many agencies throughout England and Wales viewed the Tenant Fee Ban as a doomsday-like event, with the revenue that has supplemented business models soon to be nothing more than a memory.

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Topics: Customer experience, Compliance

How letting agencies are managing the impact of an ongoing Brexit

Posted by The Goodlord team on 03 October 2018

The housing market is seeing the impact of the uncertainty and risk caused by an ongoing Brexit process. Up to two-thirds of offers in progress on the day of the referendum were withdrawn or renegotiated. Although London was initially the hardest hit by slowing or falling prices, the rest of the nation is now seeing the effect, too.

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Topics: Compliance

Fee ban inevitable and changes to bill unlikely, says ARLA CEO

Posted by The Goodlord team on 21 September 2018

Missed the webinar? Want to watch it again? You can download it here.

“There’s no doubt that the introduction of the Tenant Fee Ban will represent a seismic shift in the way our industry operates,” said ARLA CEO David Cox in our first webinar, which focused on how letting agents can prepare for the impact of the new legislation. 

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Topics: Compliance

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