London’s licensing lottery could drive landlords from PRS, says NALS
A ‘lottery’ of landlord licensing fees across London could force more landlords out of the private rented sector (PRS) according to NALS licensing fees research The findings from the research show that licensing fees can be vastly different depending on locations, with boroughs in the capital charging significantly different fees. NALS is concerned that landlords […]
Scottish letting agents must register
From today, January 31, it is compulsory for lettings and property management agents operating in Scotland to comply with a Letting Agent Code of Practice. They must belong to a new register of letting agents, with key individuals in each agency having to meet a minimum level of training. Those who have to be qualified […]
Tenant fee ban ‘not before Spring 2019’
Following continued uncertainty over the timings of implementation of the tenant fee ban, NALS has sought confirmation from the Ministry of Housing, Communities and Local Government (MHCLG) on when they expect the legislation to come into force. The department confirmed to NALS that implementation of the tenant fee legislation will not be before Spring 2019. […]