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Government End Outdated Law To Allow Short Term Letting In London

Government End Outdated Law To Allow Short Term Letting In London

New Measures Allow Londoners To Conduct Short Term Letting
Of Homes For Extra Cash

The UK Government have announced that they are set to introduce new measures that will bring to an end outdated rules from the 1970’s that prevented home owners in London from renting out their properties on a short-term basis to visitors.

Communities and Local Government (CLG), Secretary Eric Pickles said that there were almost 5 million overseas visitors to the capital between July and September 2013, and thousands of properties were advertised as being available as holiday lets on travel accommodation websites such as Airbnb.

However, under laws dating back to the 1970’s, Londoners who want to rent out their properties for less than 3 months, technically still have to apply for planning permission from the council, which does not apply anywhere else in the UK.

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Government Want Transparency Over Letting Agent Fees

Government Want Transparency Over Letting Agent Fees

Government Plan For Transparency Of Letting Agent Fees
Welcomed By Landlords

The Government announced last week that they intend to improve the transparency of fees charged by letting and property management agents as called for by the Residential Landlords Association (RLA).

The move comes after the Labour party’s general election posturing early last week by attempting to seek an amendment to the Consumer Rights Bill, ending charges paid by tenants to letting and property management agents,

Whilst the Advertising Standards Authority (ASA) currently only requires letting and property management agents to list compulsory charges to the tenant upfront in advertisements, proposals announced on Tuesday 13th May 2014 will require letting agents to publish full details of all fees charged, on websites and prominently displayed in their offices.

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UK Government to argue the case for Welfare Reform in the House of Lords

Government to argue the case for Welfare Reform in the House of Lords

The coalition Government face another battle over welfare reforms, this time in the House of Lords.
The outcome will affect individuals and families in receipt of local housing allowance (LHA) or housing benefit, who are in private rented sector (PRS) properties.

The Welfare Reform Bill, currently going through the House of Lords, is set to cap total benefits for working age households at £26,000 a year.

The total payment would include the present Local Housing Allowance, paid to housing benefit tenants in private rented sector accommodation.

However, a number of peers fear this would disproportionately hit larger families with children in temporary and private rented sector housing.

The Bishop of Ripon and Leeds, the Right Reverend John Richard Packer, has tabled an amendment which would exclude child benefit for the purposes of the benefit cap.

Lord Richard Best who is also supporting the amendment said: “I don’t think it’s conceivable for families with children to be evicted and become destitute because a benefit cap means there’s nowhere they can afford to live.”

The amendment is expected to go before the Lords next week (January 23rd 2012), and is likely to gain support from many areas, including Liberal Democrat peers who have previously rebelled against the Government.

The UK government’s welfare reforms are bad news for both tenants and landlords. Struggling tenants already face mounting debts and real financial problems including the threat of eviction if they are unable to keep up with the rental payments and slip to more than 8 weeks in arrears.

This results in a double blow for landlords, not only do landlords have to suffer loss of income because the tenants have not paid the rent but also the further expense of court action to have the tenants evicted.

Tenant Evictions can be cost effectively handled by Legal 4 Landlords, who are the UK’s fastest growing eviction specialists who also offer a wide range of additional services for landlords including Rent Guarantee Insurance

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