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Tuesday, October 23, 2018

Homes(Fitness for Human Habitation)Bill debate

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Property transactions down in September

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What you need to know about flat fires

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Landlord remortgaging reaches all-time high

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Leeds BS launches BTL mortgage

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Petition: lenders need to allow welfare tenants

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Resident landlord fined for non-protection of tenancy deposit

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London Mayor pledges £1bn for council homes

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Buy vs rent: London comparison calculator

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Monday, October 22, 2018

London house prices continue to drop

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Mortgage Works cuts BTL rate

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The abuse of rental data in the housing debate

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Housing market at risk under no-deal Brexit

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Property cash buyers at all time low

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Time to end banks' discrimination against tenants on benefits

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Worries among tenants over deposit return

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Landlords now face unlimited fines

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Thursday, October 18, 2018

Annual growth of PRS rents at 0.9% - ONS data

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BTL investors target the north-west

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Another Gov. update on the ‘Minimum Level of Energy Efficiency’

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Price rises at their lowest in 5 yrs - ONS HPI

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Wednesday, October 17, 2018

London house prices: the latest, ES

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FTB mortgages hit a high

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Salisbury house prices fall 10%

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No new regs for serving Section 21 for pre Oct 2015 ASTs

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Tips to reduce condensation

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Forest Gate letting agent fined

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New build leaseholds: ground rents capped

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Wellbeing led design - student property

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Would you let your tenants repaint?

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Tuesday, October 16, 2018

Landlord purchases down 30%

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Aldermore updates BTL offers

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Universal Credit causing more rent arrears

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UK Prime Housing Forecast - Savills

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Universal credit roll-out may be delayed ...again

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Average 5 yr fixed rate BTL at a low

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BTL taxes have not pushed up rents

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Landlord purchases at a 5 yr low

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6 unbelievable houses for under £100k

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ES feature on a London micro-flat

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Half of landlords view property as pension

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PRS in the Autumn Budget - Which speculates

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Monday, October 15, 2018

Most new builds will be sold freehold

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Gov's measures to end unfair leasehold practices

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Can I offer less than asking price for Scottish property?

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Property investors moving downmarket

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two thirds of UC tenants owe landlords rent

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£10 cap on new leasehold ground rents

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House price growth slows - Rightmove's HPI

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Landlords abandoning London

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Long-term PRS tenants could get chance to buy

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Government launches £20m 'PRS Access Fund'

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ARLA guide to "Co-living'

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New research on Universal Credit impact

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MHCLG publishes first PRS newsletter

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Ground rents consultation begins

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Weak BTL market gives hope to FTBs

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Twice as many middle aged people rent now compared to 2008

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Luxury London lettings market slows

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Ten days until Allsop's next auction

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Saturday, October 13, 2018

Gov. shouldn't treat landlords as cash cows

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Andy Burnham calls for housing to be made 'human right'

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Amazon's prefab smart homes

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Labour versus Tory housing plans

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Friday, October 12, 2018

Some good news at last for landlords?

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Half of landlords - in it for the long term

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New phone number to help with UC claims

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Thursday, October 11, 2018

Welsh Universal Credit HA arrears up 150%

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Homelet's Rental Index - rents up 1.7%

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Latest RICS Residential Survey

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Record high values of rental properties

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LendInvest cuts BTL rates and fees

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Tax break for landlords selling to tenants

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Brexit uncertainty slowing property market - RICS

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Planned leasehold reforms unveiled

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Second reading of the Tenants Bill

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Tuesday, October 09, 2018

UK's most expensive home - £160m

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Fleet launches some fixed rate BTLs

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Watchdog toughens property fund rules

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Stamp duty overhaul tops industry wish list

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I rented a smart thermostat - now they are forcing me to buy it

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Getting paid rent in Bitcoin

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Monday, October 08, 2018

New rental rules will protect 170k tenants - MHCLG

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The RLA's Budget proposals

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Top tips for accidental landlords

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New policy to help renters purchase from PRS landlords

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Agent criticises overseas buyer tax

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Should we stop renting in London and buy?

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Young people with deposits still can't buy homes

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Property market set for feeble Autumn

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Autumn property maintenance checklist

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Avoiding boundary disputes

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IFS report on housing affordability

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A tax break to landlords who sell to FTBs

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Friday, October 05, 2018

Where have all the 'For Sale' signs gone?

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HA to offer lifetime tenancies to private renters

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Tax reform needed to encourage longer tenancies

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Average house price up £177 in September

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Why you should be glad house prices are falling

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House price falls in September - Brexit wariness

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No deal Brexit could push up bridging rates

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RICS calls for reforms to property tax system

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Will we get longer tenancies on the Budget?

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Thursday, October 04, 2018

1 in 5 students lose part of their deposit

The Deposit Protection Service (The DPS) has said that one in five (22%) students lost part of their tenancy deposit when they left their accommodation at the end of the last academic year.

Cleaning (63%) is the most common reason for landlords to keep part of the deposit, followed by damage to property (54%), redecoration (37%), rent arrears (23%), gardening (16%), replacing missing items (16%) and paying outstanding bills (4%).

Tips on how students can increase their chances of retaining their deposits.

1. Make sure your landlord protects your deposit with an authorised deposit protection scheme.
2. When you move in, agree an inventory with other tenants and return it to your landlord.
3. If the landlord is unknown to you, make sure you check their name against your university or student union’s list of approved landlords.
4. Remember every tenancy agreement can be different: make sure you read yours and understand your rights and obligations.
5. Record all communication with your landlord in writing, particularly any agreements you make, follow up phone calls with what was agreed by email.
6. Keep copies of any documents, receipts and email correspondence relating to your tenancy.
7. Report any defects with the property promptly and in writing, including the cause of the problem when you can.
8. If you ever take photos of problems in the property, make sure they are date stamped.
9. Remember your obligations as tenants are likely to be what are known legally as “joint and several”: if one individual tenant does not accept personal responsibility when something goes wrong, such as a breakage, then it becomes the joint responsibility of all the tenants.
10. Remember most tenancy agreements stipulate that tenants are liable for damage to communal areas as well as within your own room.
11. Remember liability generally extends right until the end of the tenancy: if you move out before other tenants, you could remain jointly responsible for the property.
12. Attend the checkout inspection at the end of your tenancy and take your own photographs if necessary.

 “Like anyone renting accommodation, students must act responsibly during their tenancies and be aware of both their rights and responsibilities.

If their deposit is protected, our free Dispute Resolution Service can ensure that they can challenge any deduction they consider unreasonable, and that an independent adjudicator will consider their evidence before making a decision.

The system also gives landlords a chance to reclaim any costs created by the behaviour of their tenants, so student renters should think and act in a way that prevents damage or other losses from the very first day of their tenancy – not just towards the end of the academic year.”

comments Julian Foster, Managing Director at The DPS.

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