Latest property news
Rent guarantor: the importance of consumer choice
As the dust settles following the implementation of the Renters’ Rights Act, lettings agencies are finding alternative ways to mitigate uncertainty and financial risk for landlords. A range of services are growing in popularity that replace traditional, abolished methods like rent in advance, not least professional rent guarantor provision. This service offers reassurance for good tenants who can afford the rent but don’t quite meet the right criteria on paper, including students, self-employed people or those on benefits, or retirees.
Propertymark calls for tax cuts as Scotland plans new council tax bands
To reduce the tax burden on the housing market rather than introduce further changes in isolation, we warn the Scottish Government that plans for two new council tax bands risk adding complexity while doing little to increase revenue.
Housing enforcement must be fair, clear, and focused on better standards
We have responded to consultations from Bath and North East Somerset Council and Gosport Borough Council on proposed approaches to housing enforcement and financial penalties in the private rented sector. We support robust action where landlords or agents deliberately, seriously or repeatedly fail to meet their legal responsibilities. However, it must be proportionate, transparent and focused on improving compliance rather than simply increasing financial penalties.