Letting Agent Today

1. Awaab’s Law extended to private renting welcomed by tech experts

   The Building Engineering Services Association has welcomed the new government’s commitment to reinforce the rules that require landlords and their agents to improve living conditions for tenants. The private rental sector will become subject to the same building safety rules that already apply to social housing providers under the new Renters...

2. Interest rates to be cut next week - senior economists’ forecast

   The Bank of England will trim base rate to 5% next week, according to a majority of economists in a poll by news agency Reuters.  It has been at a 16-year high of 5.25% since last August and the Bank of England next meets to consider a change on Thursday next...

3. Controversial ex-Housing Secretary to run for Conservative leader

   Robert Jenrick, who was appointed Housing Secretary by Robert Jenrick in 2019, is to run for Tory party leader. During his time as Housing Secretary he was no stranger to controversy.  In 2020 The Sunday Times reported Jenrick had claimed expenses of over £100,000 for "a third home" in his constituency of...

4. Lettings chain to raise £5,000 for children’s heart fund

   A lettings and sales agency chain with 14 branches across the north east of England has committed to raising £5,000 in the next year for a children’s heart fund. Your Move Chris Stonock says it aims to support one of the UK's most critical paediatric units, the Children’s Heart Unit Fund...

5. Time to modernise deposit system, says family-owned agency

   A lettings agent says ‘times are changing with deposits” and claims more landlords and tenants are choosing alternatives.  The comment by Paul Buck - lettings director at Boydens agency - is contained in a statement from deposit alternative service Reposit, which claims it sales rose by 28% in the first half...