Crooked landlords and letting agents were convicted of stealing £1,162,037 of tenant’s cash in tenancy deposit theft in 2017 – a rise of 14%
Government figures suggest 175,000 privately rented properties may have been empty for at least six months of the last year, laying bare the full cost of owning an empty buy-to-let property.
Figures from one lettings company claim 16% of UK renters believe their landlord or lettings agent has “unfairly” taken money from their tenancy deposit – rising to 25% for millennials and 30% among university students.
New research suggests that almost a million millennials have been priced out of renting a property – with the cost of tenancy deposits and a poor credit score to blame.
A year of a ban on letting agent fees, a cap on tenancy deposits, new measures aimed at boosting home ownership and a new homelessness reduction strategy is the perfect one for the private rented sector to embrace zero deposit…
Crooked landlords and letting agents have raided close to £1,000,000 from tenancy deposit accounts in 2017 – new figures show.
Budget response: “It’s all very well building more houses, but are renters going to be able to afford to buy them?”
Property campaigner and zero deposit pioneer Ajay Jagota has responded to today’s Budget.
A leading property expert is warning that the government’s draft Tenant’s Fees Bill contains sweeping powers for the Secretary of State to suddenly cap tenancy deposits at four weeks after all– or to ban them altogether – strengthening the argument…
A government plan to cap tenancy deposits at 6 weeks rent threatens to cost Britain’s renters an average of £1391 – and the country up to £6bn – a deposit-free renting boss believes.