News

Rentshield Direct joins national award scheme recognising the best property professionals in the UK

Thursday, September 6, 2018

  Rentshield Direct, the Teignmouth based firm has entered The ESTAS Supplier Awards.  The ESTAS, whose headline sponsor is Zoopla, is the national award scheme which recognises the best agents, mortgage advisors, conveyancers and suppliers in the residential property industry.  Winners are selected purely on feedback from customers who have experienced the full service delivery from a property professional.  Last year over 40,000 customers completed an ESTAS survey hel…


Does the tenancy deposit system need reforming?

Tuesday, August 28, 2018

  A consumer body has called on the government to reform the deposit system in the private rented sector, or seek alternatives to make the process fairer for tenants.    According to research conducted by Which?, just under a third of people moving from one rental property to another in the past two years had to pay for a new deposit before their old one was returned. Which? has described this as evidence that the deposit system is ‘broken’. …


The July Rentshield Rental Index

Tuesday, August 14, 2018

Each month we produce the Rentshield Rental Index, to keep our agents up to date with the latest rental figures and trends throughout the UK. If you're looking for average rental levels, annual and monthly variance by region and rent to income ratios, you've come to the right place! Key headlines from the July Rental Index Rents in the UK rose by 1.3% in July compared to the same month a year ago; the average monthly rent now stands at £937 a month Rents in…


The June Rentshield Rental Index

Monday, July 23, 2018

Welcome to the June 2018 Rental Index from Rentshield Direct.  We like to keep you up-to-date will all the latest rental figures and trends throughout the UK - the Rentshield Rental Index is your one stop shop! Key Headlines from the June Rental Index Rents in the UK rose by 1.8% in June compared to the same month a year ago; the average monthly rent now stands at £924  Rents in London increased by 4.7% in June this year compared to June 2017; the a…


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  http://www.refreshyourcache.com/en/home/ 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…