The rise of homeworking is generating higher costs for landlords
The modern rental property is working harder than ever, with millions of people adopting remote or hybrid work patterns in the last five years and spending more time at home. This increased usage isn’t unreasonable: it’s reality. But under current rules, tenants are being penalised for “damage” that’s normal use, whilst landlords are absorbing more frequent replacement costs. Propertymark emphasises the importance of understanding fair wear and tear and applying it appropriately to avoid misunderstanding, confusion, and disputes.
The rise of homeworking is generating higher costs for landlords
The modern rental property is working harder than ever, with millions of people adopting remote or hybrid work patterns in the last five years and spending more time at home. This increased usage isn’t unreasonable: it’s reality. But under current rules, tenants are being penalised for “damage” that’s normal use, whilst landlords are absorbing more frequent replacement costs. Propertymark emphasises the importance of understanding fair wear and tear and applying it appropriately to avoid misunderstanding, confusion, and disputes.
Preparing for rental reform: why prescribed information still counts
Propertymark works to ensure our members understand the full extent of their legal obligations, and for letting agents this includes tenancy deposit protection. The Siddeeq v Alaian court case highlighted concerns about how and when prescribed information must be served, and with the implementation of the Renters’ Rights Bill on the horizon, it’s a relevant reminder that agents must be precise and compliant when dealing with tenancy deposits in England and Wales.
Preparing for rental reform: why prescribed information still counts
Propertymark works to ensure our members understand the full extent of their legal obligations, and for letting agents this includes tenancy deposit protection. The Siddeeq v Alaian court case highlighted concerns about how and when prescribed information must be served, and with the implementation of the Renters’ Rights Bill on the horizon, it’s a relevant reminder that agents must be precise and compliant when dealing with tenancy deposits in England and Wales.
Restricting rent in advance tabled days before Renters' Rights Bill Third Reading
The UK Government has proposed to ban upfront payments of more than two months’ rent, claiming this will crack down on discrimination against lower-income renters by unscrupulous landlords. Propertymark has challenged this position, stating that a one-size-fits-all approach will end up blocking access to the private rented sector (PRS) for some tenants.
Restricting rent in advance tabled days before Renters' Rights Bill Third Reading
The UK Government has proposed to ban upfront payments of more than two months’ rent, claiming this will crack down on discrimination against lower-income renters by unscrupulous landlords. Propertymark has challenged this position, stating that a one-size-fits-all approach will end up blocking access to the private rented sector (PRS) for some tenants.
Professional inventories set the stage for successful tenancies
A survey of 1,500 UK renters has revealed that three in ten tenancies do not benefit from a property inventory, leaving agents, landlords, and tenants more vulnerable to costly disputes further down the line.
Professional inventories set the stage for successful tenancies
A survey of 1,500 UK renters has revealed that three in ten tenancies do not benefit from a property inventory, leaving agents, landlords, and tenants more vulnerable to costly disputes further down the line.
Dos and Don’ts of Deposit Protection
Lettings agents must protect the interests of landlords, tenants, and their agencies, so understanding the basics of deposit protection is key and knowing the do’s and don’ts will help minimise disputes and reduce the risk of costly penalties.
Dos and Don’ts of Deposit Protection
Lettings agents must protect the interests of landlords, tenants, and their agencies, so understanding the basics of deposit protection is key and knowing the do’s and don’ts will help minimise disputes and reduce the risk of costly penalties.
Strong message delivered on rental reform proposals
Propertymark continues to assert there is no advantage to introducing rent controls and urges Scottish Ministers to properly evaluate the evidence both from UK and across the world. Whilst formulating our response to the most recent engagement questionnaire we hosted a roundtable with members and Scottish Government officials where the strength of feeling from agents was clearly communicated.
Strong message delivered on rental reform proposals
Propertymark continues to assert there is no advantage to introducing rent controls and urges Scottish Ministers to properly evaluate the evidence both from UK and across the world. Whilst formulating our response to the most recent engagement questionnaire we hosted a roundtable with members and Scottish Government officials where the strength of feeling from agents was clearly communicated.
Deciphering the difference between fair wear and tear and tenant damage
Letting agents and landlords will be familiar with this phrase, however grasping the meaning and recognising the limits of this term can often be a disputed topic, particularly when making a deposit deduction.
Deciphering the difference between fair wear and tear and tenant damage
Letting agents and landlords will be familiar with this phrase, however grasping the meaning and recognising the limits of this term can often be a disputed topic, particularly when making a deposit deduction.
FAQs: Private Tenancies Act (Northern Ireland) 2022
Sections 1-6 of the Private Tenancies Act (Northern Ireland) 2022 were enacted on 1 April 2023. This FAQ document provides answers to the most common questions that we have received from Propertymark members.
FAQs: Private Tenancies Act (Northern Ireland) 2022
Sections 1-6 of the Private Tenancies Act (Northern Ireland) 2022 were enacted on 1 April 2023. This FAQ document provides answers to the most common questions that we have received from Propertymark members.