‘safeagent qualified’ launches

  safeagent has announced a new designation for lettings and management agents who successfully achieve safeagent’s NCFE accredited courses. The new designation, ‘safeagent qualified’ has been specially created for agents who gain the Foundation Lettings Course [England & Wales], the Level 3 Scotland Foundation Lettings Course, or the Level 3 Award in Letting & Property […]

£65 million support package for vulnerable renters

Government have announced a £65million support fund to cover vulnerable renters’ arrears built during the pandemic. Welcoming the news, Isobel Thomson, safeagent Chief Executive, said: “From the start of the pandemic safeagent has called for no additional debt for those tenants who are most in need. We are delighted that this support is not in the form of […]

5th Anti-Money Laundering Directive

From today, 10 January 2020, all letting agents throughout the UK who manage properties with an individual monthly rental of 10,000 Euros per month (or equivalent) or more must comply with changes in introduced by The Money Laundering and Terrorist Financing (Amendment) Regulations 2019  https://www.legislation.gov.uk/uksi/2019/1511/made/data.pdf The main development these Regulations introduce is the expansion of […]

Additional support to save jobs and businesses

The Chancellor has announced further measures to help business and employers through this period of disruption caused by COVID-19. This includes: A new coronavirus Job Retention Scheme to help any employer in the country to cover most of the wages of employees who aren’t working but are being kept on payroll. This will be a grant […]

Adjusted Right to Rent checks will end on 20 June

Following feedback from letting agents and landlords, the temporary COVID-19 adjusted right to rent checks will now end on 20 June 2021 and not 16 May 2021 as originally announced. From 21 June 2021 landlords will revert to face to face and physical document checks as set out in legislation and guidance. This is aligned with […]

Agents key to supporting tenancies

safeagents say there won’t be widespread evictions and arrears are lower than feared Our latest research shows that with the support of letting agents to help maintain tenancies, safeagent firms do not believe there will be widespread evictions as a result of the pandemic. In a survey of safeagent firms across England, 36% of firms […]

Autumn Budget and Spending Review 2021

Today, Chancellor Rishi Sunak unveiled his spending plans in a Budget he said would “prepare the country for a post-Covid age of optimism”. He noted the Government have been more successful in preventing the long-term economic damage of Covid and said unemployment is expected to peak at 5.2% – meaning over two million fewer people […]

Ban on bailiff evictions extended

The Communities Secretary, Robert Jenrick, has announced an extension of the ban on bailiff enforcement of evictions for all but the most serious cases until at least 31 March 2021. Read the announcement in full Exemptions will remain in place for the most serious circumstances, including illegal occupation, false statement, anti-social behaviour, domestic abuse, where a property is unoccupied following death […]

Budget 2020 – What does it mean for agents?

While the Budget held little for the Private Rented Sector, there were a series of announcements on the wider housing sector, and a number of measures to support individuals and businesses affected by Coronavirus. Housing A new Affordable Homes Programme of £12bn A £1bn Building Safety Fund to remove unsafe cladding £400m for new homes […]

Budget 2021 – What does it mean for the PRS?

Billed as a Budget to boost the economy, today’s statement from Chancellor Rishi Sunak held few surprises. While measures such as the extension to the furlough scheme and continuing £20 uplift to Universal Credit are a welcome support for renters, there was still very little for the private rented sector. Government’s message that it wants […]

Changes to notice periods

Government have today announced the extension of notice periods, with certain exceptions, including anti-social behaviour and domestic violence. In cases of longer term rent arrears, if a tenant has built up a total of six months of arrears, landlords will now only be required to give four weeks’ notice. The legislation comes into force tomorrow […]

Changes to Right to Rent

Legislative changes to the Right to Rent Scheme come into force on 2 November. The Code of practice on right to rent: civil penalty scheme for landlords and their agents has been updated. The legislative changes enable landlords and letting agents to use a new Home Office online checking service, available from 25 November, to undertake right […]