6 week DPS backlog now entering its 24th week

admin    Uncategorized     agents

On the 29th of January I posted an article on Property 118 that was titled “6 weeks backlog at the Deposit Protection scheme ?”. Click here to read the article.

In it I explained that on the 28th of August 2018 our landlord lodged a dispute with the DPS.

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Action Fraud – TDS Alert

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Tenancy Deposit Scheme Alert for tenants and also landlords:

Action Fraud have received several reports where fraudsters are claiming to be landlords of properties offered for rent online. Prior to a viewing the suspect requests that the individuals pay a deposit and sometimes a month’s rent upfront

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HMRC seasonally adjusted figures show property transactions stable

admin    Uncategorized     agents

There has been a lot of reporting on the fall in the number of property transactions in the last three months. This has been blamed in parts by economic uncertainty and Brexit.

However, HMRC UK property transactions statistics up to January 2018 show a numerical fall that when seasonally adjusted is actually quite stable and even increasing:

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Dear Universal Credit Stage 1 complaints

admin    Uncategorized     agents

Dear Universal Credit Stage 1 complaints,

Today I have ANOTHER payment gone into my bank account from DWP and I have not got a clue who it is for. You are paying for several tenants Universal Credit UC Housing Element HE in my bank now.

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Feel good story – TDS

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The Dispute Service (TDS), which operates the Tenancy Deposit Scheme, has been ranked among the Sunday Times’ 100 best not-for-profit companies to work for in 2019.

The leading tenancy deposit protection scheme is the only provider in England and Wales to operate on a not-for-profit basis.

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£205k plus admin fees Section 20 works?

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I am a leaseholder in a block of flats in London. I have recently received a postal letter from our Managing Agent regarding Section 20 works being carried out on our building. This letter appears to be a Notice of Estimates

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Is this an HMO?

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I would appreciate your thoughts on whether the following will constitute an HMO:

My husband and I would like to buy a flat and rent out 2 of the rooms to 2 separate people. We would use a third room for ourselves from time to time when we are visiting London.

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Client Money Protect is first government approved CMP scheme

admin    Uncategorized     agents

Client Money Protect, part of the Hamilton Fraser group of companies, has gained formal government approval to operate a client money protection scheme when the regulations go live on April 1st 2019. From April 1st, it will become mandatory for all letting agents and property managers in England to be a member of an approved client money protection scheme or face fines and sanctions for non-compliance.

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UK property transactions drop by a third over the past three months

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Reapit research has found that UK property transactions have plummeted by a third in the past three months as Brexit uncertainty weighs on the market.

Reapit, the leading software platform for estate agents, compared its most recent three months of sales data with the five-year average for the same November-January period in order to gauge the impact of uncertainty on the property market across its measurable metrics.

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Cash Incentives, Rent Guarantee and 48 hour let times?

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Lettingsupermarket.com are always looking to improve their service and have been listening to landlords feedback of exactly what you want to let your property.

We are pleased to be continuing our work with Local Authorities and a National relocation company

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