Tenant referencing

Tenant referencing

Sex for shelter- One scandalous result of our housing crisis.

11 September, 20180 Comments
Sex for shelter- One scandalous result of our housing crisis. When you hear of vulnerable young people paying for shelter with sexual favours, what country springs to mind? We would be willing to bet that the UK isn’t the first place that you thought of. Yet that’s exactly what’s happening right here in one of
Read more

Landlords, fancy a rent reduction of up to 90%?

03 September, 20180 Comments
Landlords, fancy a rent reduction of up to 90%? No? We didn’t think so! That’s why we were pretty surprised to see that’s what has been agreed as part of the Homebase Company Voluntary Arrangement (CVA) to rescue the business from administration. The CVA will result in 42 stores closing and rents cut by between
Read more

One step closer to mandatory adding of rent payments to credit scores

04 December, 20170 Comments
The House of Lords has given the Creditworthiness Assessment Bill its second reading and a step forward to ensuring that tenants’ rental payment record counts towards their credit rating. The Bill, moved by the founder of Big Issue, Lord John Bird, now moves to the committee stage of the Lords and appears to have growing
Read more

85% of letting agents at risk of breaching TPO Code of Practice

26 June, 20170 Comments
The Property Ombudsman’s latest figures reveal a concerning amount of property complaints and consumer awards, where the overall number of awards TPO instructed agents to pay exceeded £1 million for the first time. One case study released by the TPO particularly caught our eye at Tenant Referencing UK; The highest award paid by an Agent
Read more

Over a quarter of landlords experienced rent arrears in last 12 months

05 June, 20171 Comments
Fresh research by the RLA has revealed that more than a quarter of buy to let landlords have experienced rent arrears in the past 12 months. With 28% of landlords experiencing rent debt, coupled with the fact that 1 in 3 working families in England would not be able to afford to pay their rent
Read more

Referencing must be exempt from agent’s fee ban, urge ARLA

30 May, 20170 Comments
The Association of Residential Letting Agents have recently spoken out about the importance of tenant referencing being exempt from the government’s proposed ban on letting agent’s charging fees to tenants in England. In a note to their members and the press, ARLA said: “Referencing ensures that tenants do not take on a financial commitment which is
Read more

Tenant’s anti-social behaviour lands BTL investor with £16k fine

26 May, 20170 Comments
A private landlord who ignored warnings from the police and the council has been handed a £16,000 fine, due to his tenant’s anti-social actions. Buy to let investor Jason Duffield, who lives in Birmingham, was handed a restraining order by police last year because of the noise coming from the rental property in Tamworth. He was
Read more