KING’S SPEECH 2023: THREE KEY POINTS FOR LANDLORDS AND LETTING AGENTS

The 2023 King’s Speech has reconfirmed the government’s commitment to the Renters (Reform) Bill, a new bill for leaseholders, and a focus on Net Zero.

The National Trading Standards Estate and Letting Agency Team (NTSELAT) has released comprehensive new guidelines covering all three phases of the programme, which aims to improve and standardise disclosures in property listings, helping Landlords’ and agents to meet their legal obligations

Tenant safety should never be far from a landlord’s mind. In light of a new set of best practice guidelines being issued by Electrical Safety First, we take a broader look at electrical safety in privately rented properties. Here are six things landlords should know:

You may have seen King Charles III officially opening the new session of Parliament in early November. During the pomp and ceremony, the King read out the Government’s main intentions for the 12 months ahead.

The lettings market saw a post-summer dip in the price of rents in October, following three months of rapidly escalating prices across England.

The second reading of the Renters’ Reform Bill in October took many landlords by surprise, with an unexpected announcement regarding Section 21 eviction notices – the method used by landlords to regain their property without having to have a specific reason. We have poured over the details and have provided answers to your most common questions.

DO LANDLORDS UNDERSTAND RIGHT TO RENT CHECKS?

What are today’s tenants looking for when they search available rental properties? This was the question Rightmove set out to answer when it examined more than 600,000 property listings. The portal tallied the number of enquiries a listing generated in relation to the property features that were mentioned in the description.

In
an era defined by technological innovation, the realm of property management
has not remained untouched. Enter Proptech – a term amalgamating
“property” and “technology” – revolutionising the landscape
for Landlords and Property Managers.

Since its summer recess, the government has been busy updating guidance and releasing its plans for future legislation that affects lettings compliance. Here’s an overview.