by guildy | 27 Oct 2017 | Agents, Consultation, News
Communities Secretary Sajid Javid has followed up his plans to make the property management industry fairer for tenants. He has already announced proposals to regulate letting agents, appoint a tenant ombudsman to make dealing with complaints fairer and easier and to...
by guildy | 29 Mar 2017 | Agents, New Legislation, News
Letting agents will face fines or closure if they do not have safeguards in place to protect landlord and tenant cash they handle under a proposed new law. Housing minister Gavin Barwell has confirmed that the government is ready to consult on compulsory money...
by guildy | 24 Mar 2016 | Agents, News, Rent Smart Wales
When Rent Smart Wales first announced their licence fee structure for agents, it was a flat fee of £3,728.00 for an online application or £4,368.00 for a paper application. The only exception was a sole trader agent with no staff (connected person) which cost the same...
by guildy | 19 Nov 2015 | Rent Smart Wales
We have also produced a guide especially for landlords here. From 23 November 2016, the licensing provisions in Wales commenced. There was a 12 month grace period for agents to comply. The licensing is operated and enforced by Cardiff City Council under the name of...
by guildy | 28 Apr 2015 | Agents, New Legislation, News, Unfair Terms
Updated 29 October 2015 The main parts of the Consumer Rights Act 2015 which affect landlords and letting agents are now in force for England and Wales. Duty of letting agents to publicise fees etc Chapter 3 of Part 3 to the Act requires letting agents to display a...
by guildy | 8 Sep 2014 | Agents
Introduction The Property Redress Scheme has put together a FAQ guide to their scheme for letting and property management agents. 1. What is the Property Redress Scheme? The Property Redress Scheme is a new Government-approved redress scheme, one of three, which it...
by guildy | 31 Aug 2014 | Agents, New Legislation
As previously reported, from 1 October 2014 all agents who carry out letting agency or property management works will be required to join a redress scheme. The legislation appears at first glance to be remarkably straightforward for brand new legislation. This is...
by guildy | 30 Aug 2014 | Agents, New Legislation, News
The Department of Communities and Local Government has announced that the mandatory redress scheme which all letting and managing agents must become a member of will commence from 1 October 2014. By this date, all agents in England must belong to an approved redress...