A recent survey conducted by Total Landlord Insurance has revealed that, of the 85% of landlords that use a letting agent, 81% believe client money protection should be made compulsory. This comes as the Government conducts an industry-wide consultation to decide whether client money protection will become mandatory.
Paul Shamplina, Brand Ambassador for Hamilton Fraser and Sean Hooker, Head of our Redress talk about what landlords and letting agents need to know about dealing with bad tenants in the second episode of the podcast series Landlords, lettings and deposits-expert advice from Hamilton Fraser.
Paul Shamplina, founder of Landlord Action, tells us about the filming of the latest series of 'Nightmare Tenants, Slum Landlords'. From a potentially violent tenant to sixteen month rent arrears, Paul shares the horrors seen during his time filming.
This month, Sean addresses low opinions of using a letting agent by sharing his most important factors when choosing a good letting agent to work with.
The government has established a working group within the House of Lords to look at how CMP is currently operating and whether to go further by making use of the powers taken through the Housing and Planning Act 2016 to make it mandatory.
As the Property Redress Scheme has been operating for two years we have taken the opportunity to review and revise our Terms of Reference.
The PRS Terms of Reference 2nd Edition will be in operation from 1st October 2016.
Less than two years after the Property Redress Scheme (PRS) started, it is now celebrating signing up its 5,000th member. The government authorised scheme was the newest of three available consumer redress schemes for the property market and has gone from strength to strength since it launched in the summer of 2014.
Estate agents who deliberately mislead potential homebuyers through the practice known as ‘portal juggling’ are being warned that they could be prosecuted and face a ban from working in the industry. The warning comes from the National Trading Standards Estate Agency Team (NTSEAT), which has confirmed that the practice is in breach of trading regulations and – in some cases – can be fraudulent.
