Rentshield Verify Update

Tuesday, July 3, 2018

We have recently upgraded our Verify system. Unfortunately a small number of users are experiencing an error when starting a new case. This is a very simple process and should take no more than a minute. Instructions for popular web browsers can be found here Click here to continue to Rentshield Verify

How can letting agents help accidental landlords?

Tuesday, July 3, 2018

  The number of accidental landlords – people who are renting out property through circumstance rather than design - is on the rise, with a recent news report in The Times suggesting that the number has grown by 230,000 in the last few years. Other research carried out by Countrywide suggested that approximately 80,000 properties were put up for rent after failing to sell in 2017.   For these people, who have unintentionally become landlords either because they…

The Government How to Rent Guide has been updated

Wednesday, June 27, 2018

As a letting agent, you must provide the Government How to Rent guide for ALL tenancies.  The guide provides tenants with a renting checklist, advises them of their rights and responsibilities when renting a property and details of support services when things go wrong. Remenber, if you don't provide this document you cannot service a Section 21 Notice to a tenant who fails to pay their rent or breaches their tenancy agreement - so it's vital that you provide the correct, late…

The May Rentshield Rental Index

Wednesday, June 13, 2018

  The Rentshield Direct Rental Index is your monthly update of key figures, trends and variances in the UK rental market. Here you can find rental values, rent to income ratios and variance levels broken down by region and compared to London.  Key headlines from the May Rental Index Rents in the UK rose by 2.0% in May compared to the same month a year ago; the average monthly rent now stands at £919  Rents in London increased by 5.6% in May thi…

A positive step - mandatory CMP membership for letting agents

Monday, June 11, 2018

  The prospect of mandatory membership of a Client Money Protection (CMP) scheme for letting agents has been on the table for quite some time now, but not until recently has there been a date in the diary.   In early May, the government confirmed that as of April 1 2019 all letting agents will be required to be a member of an approved CMP scheme - with the overall aim of protecting the money of landlords and tenants which is handled by agents.  …

The April Rentshield Rental Index

Tuesday, May 8, 2018

Welcome to the April Rental Index! Packed with rental figures and trends from throughout the UK, this is your one stop shop for the latest rental information for your area.  Key headlines from the April Rental Index Rents in the UK rose by 1.5% in April compared to the same month a year ago; the average monthly rent now stands at £918 Rents in London increased by 4.5% in April compared to April 2017; the average monthly rent in the capital now stands at &pou…

Letting agent fee ban – what we know so far

Monday, April 30, 2018

It was announced in the 2016 Autumn Statement that letting agent fees charged to tenants would be banned following a consultation period between April and June 2017 in order to give renters clarity and control over what they pay when applying to rent a new property. As expected, there was backlash from the industry stating claims that the changes would cost industry jobs and the expenses would be passed onto landlords, ultimately resulting in higher rents.    Part of the co…

GDPR – let’s get prepared

Tuesday, April 17, 2018

  From 25th May 2018 the General Data Protection Regulation (‘GDPR’) is coming into effect and will have an impact on the way that organisations can handle personal information and the rights that individuals have in relation to their data.   At Rentshield Direct, we process personal data for referencing, insurance and marketing purposes, so we want to reassure you that we’re fulfilling our responsibilities when it comes to handling personal informat…

The March Rentshield Rental Index

Monday, April 16, 2018

Every month, we like to keep you informed with up-to-date patterns and figures from the rental market. That's why we produce the Rentshield Rental Index, filled with rental information for your region and throughout the UK.  Key headlines from the March Rental Index Rents in the UK rose by 0.9% in March compared to the same month a year ago; the average monthly rent now stands at £912 a month Rents in London increased by 1.5% in March this year com…

Easter 2018 Opening Hours

Wednesday, March 28, 2018

Friday 30th March - CLOSED Saturday 31st March - 9.30am - 1pm (Referencing only) Sunday 1st April - CLOSED Monday 2nd April - CLOSED Tuesday 3rd April - Open as usual