Currently viewing the tag: "unworkable"
Rent Control Argument Rages On

Rent Control Argument Rages On

Most Tenants Would Support Rent Controls

The majority of tenants renting property in the UK’s private rented sector (PRS) would support the introduction of rent controls if they were introduced according to data gathered by a Manchester based letting agent.

The research was conducted by Geo Property Lettings through a number of industry related websites and social media profiles over a 3 month period. The survey discovered that 77% of tenants in the UK private rented sector would support the introduction of rent controls should the Government decide to implement such a scheme. Only 5% of tenants were opposed to the introduction of rent control whilst 18% of tenants expressed no opinion either way.

Continue reading »

Government Set To U-Turn On Immigration Checks By Landlords

Government Set To U-Turn On Immigration Checks By Landlords

Immigration Checks Unworkable Say Critics

There could be a moral victory for common sense on the cards as the UK Government are set to perform yet another U-Turn on policies as they are forced to back down on requiring landlords to conduct immigration checks on all tenants.

The Government plan was announced in the Queen’s Speech back in May and intended to force private rented sector (PRS) landlords to check their tenants’ immigration status or face fines of up to £3,000 (GBP).

Under the intended reform, all UK landlords and letting agents would be forced to check the immigration status of every tenant and tenants would have to produce documents showing they have permission to be in the UK.

There are also been concerns raised about landlords’ ongoing responsibilities for tenants already in their rental properties whose status may have gone from legal to illegal. Under the proposals, first-time offenders could face fines of £1,000 (GBP) per illegal immigrant in their rental properties. Landlords who failed to make proper checks within the last three years could also be fined £3,000 (GBP) per tenant.

Continue reading »

There Will Never Be A Better Time To Invest In Property

MyPropertyPowerTeam.co.uk helps property investors and landlords build their own property power team to enable them to profit from property - Visit our main site now!