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How can letting agents help accidental landlords?

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 …

The Government How to Rent Guide has been updated

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. Remember, if you don’t provide this document you cannot service a …

The May Rentshield Rental Index

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% …

A positive step – mandatory CMP membership for letting agents

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 …

The April Rentshield Rental Index

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 …

Letting agent fee ban – what we know so far

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 …