I have just learned that a final order has been made in the case of the Office of Fair Trading v. Foxtons, which I have written about in the past (see here). Foxtons have now made ‘significant changes’ to its standard terms and conditions which have satisfied the OFT ‘including making the liability to pay…
I attended a landlords forum meeting last night co-hosted by a brilliant company called Housing Action. They are a housing charity offering an extraordinary service for landlords in the East Anglia area. Housing Action are a registered charity who have been around since 1989. They aim to re-house and support individuals and families in need,…
Two property web-sites have been reporting that Foxtons have withdrawn their appeal to the Court of Appeal against the High Court decision against them last year. You will find a summary (as at October 2009) of my previous posts on the OFT v. Foxtons case here. The two articles that I have seen are on the PainSmith Blog…
There is a very interesting post over on the Estate Agent Today news web-site. It seems that back in November 2009 they asked a number of questions of the Communities and Local Government (CLG) department (whose remit covers the tenancy deposit scheme) about the workings of the scheme. After two reminders and three months later,…
HMO landlords be warned – the government has announced that the law is to be changed from 6 April, introducing a new planning category for HMOs (the definition to be based on that set out in the Housing Act 2004): we have decided to amend the Town and Country Planning (Use Classes) order 1987 as…
An interesting article in the January / February issue of Residential Property Investor looks at Fast Trak, a new company tackling the problems of too many social housing tenants, not enough social housing to put them in, and not enough private landlords willing to take a chance on them. There are a myriad reasons why…
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News on high rent tenancies
I have just learned via the National Landlords Association, that the government *will* be implementing the increased rent level for ASTs that was announced in their news item on 3 February. However the surprising piece of news is that the legislation will be retrospective So all tenancies where the rent is between £25,000 and £100,000…