South West rents continue to rise as demand outstrips supply

As the sales market becomes increasingly subdued, the cost of renting a home in the South West has continued to rise as many would-be buyers find themselves unable to take their first steps on the property ladder. The latest survey carried out by the Royal Institution of Charterer Surveyors states that the cost of renting

Rent payments to go on tenants’ credit files

By the end of 2012, tenants will have details about their rental payments included in their credit file under an initiative launched by Experian, one of the UK’s three credit reference agencies. Under the new scheme, tenants who consistently pay their rent on time will benefit from an enhanced credit rating, thus boosting their chances

Will changes to EPC law be delayed yet again?

Back in January, we blogged about the ongoing saga concerning changes to EPC law in England. Letting and estate agents are required by law to commission an Energy Performance Certificate prior to marketing a property, but current legislation regarding how much of the report must then be shared with clients is very lax. The EPC

What next for EPC law in England?

Since 1 October 2008, landlords and letting agents have been legally obligated to provide prospective tenants with a valid Energy Performance Certificate, should they request to see one. EPCs are carried out by accredited Domestic Energy Assessors and give landlords and tenants an indication of the energy usage and carbon dioxide emissions of a property,

Reside introduces regular lettings newsletter

The first Reside eNewsletter, packed with the latest lettings news locally and nationally, was yesterday sent out to Reside landlords, colleagues and contacts. The first edition included stories on Reside’s sponsorship of a local Prince’s Trust event, the estimated rise in home rentals over the coming years, and much more. To view our first eNewsletter,

Reside and Tenants featured in the London Evening Standard

Yesterday’s London Evening Standard had a great article about more and more city professionals making Bath their family home. Reside’s Tenants Alastair & Marianne Hogg were featured in the article along with Charlie Taylor of Knight Frank’s Bath office. Whilst the article itself primarily focuses on more Londoners purchasing in Bath, the small interview with

Rents continue to increase due to high demand

Throughout 2010, Tenant demand was always outstripping the supply of properties coming into the rental marketplace, something that I blogged about at the time here. This had the effect of increasing rents throughout the UK, particularly in prominent cities in the south like London, Oxford, Exeter and Bath. Rents have continued to increase in 2011

Tenant demand outstripping supply – Rents increase

Demand for residential rental properties is increasing rapidly through much of the UK, particularly in prominent cities in The South such as London, Oxford and Bath. The Association of Residential Letting Agents (ARLA) recently published their Review and Index for Residential Investment for the first quarter of 2010 (ARLA Review and Index Q1 2010). ARLA

AST Threshold increase from £25,000 to £100,000.

The Statutory Instruments to increase the maximum rent threshold of an Assured Shorthold Tenancy (AST) from £25,000 to £100,000 have now been published by Parliament and much of it’s information provided to the National Landlord’s Association (NLA). At this point in time, legislation associated with the Housing Act 1988 (as amended) states that tenancies formed

HMO Legislation

New HMO Legislation

Tuesday the 6th of April 2010 saw the controversial Statutory Instrument 653 come into effect. The new law will see landlords required to gain planning permission if they want to let out their House in Multiple Occupancy (HMO) to three or more unrelated individuals.  The Town and Country Planning Act has created a new planning