Academic research suggests tenants in England and Wales are missing out on £80m of interest to tenancy deposit schemes every single year.
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.
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.
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 leading property campaigner is “not convinced” by government plans to make it a criminal offence for letting agents to charge tenants fees and to intorduce a deposit cap
DCLG has revealed that the total value of cash lost to the British economy through tenancy deposits has rocketed to £4.1b – a rise of 22%.
More and more renters are being forced to borrow money just to make ends meet – and one property campaigner believes landlords and letting agents are putting tenancies at risk by continuing to ask for deposits.