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New Right To Rent Immigration Legislation Now In Force

New Right To Rent Immigration Legislation Now In Force

New Immigration Legislation Dictates That Landlords Can Only
Let To Tenants Who Have The Right To Rent

As of today, 1st December 2014, new legislation has come into force in Birmingham, Walsall, Sandwell, Dudley and Wolverhampton. The requirement will come in to force in those areas dictating that all UK private rented sector landlords must only let properties to immigrants that have the right to rent property in the UK and the landlords of the West Midlands are the legislative guinea pigs.

The introduction of the Right To Rent law has particular importance to UK PRS landlords who house foreign nationals or operate Houses of Multiple Occupation (HMO’s or multi-let properties) and those landlords using Rent 2 Rent (R2R) strategies.

Under the Immigration Bill (2014) private rented sector landlords are responsible for checking the immigration status of all potential tenants, with fines of up to £3000 (GBP) for landlords who fail to conduct this procedure. Employers will also face “more substantial” fines for employing illegal immigrants.

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Property In The North Is Cheaper

Property In The North Is Cheaper

North of England Leading The Way
For Renting Property

Renting property is more affordable in Northern regions of the UK as property prices in some areas stretch beyond of the reach of the average earnings of first-time and next-time buyers.

Chichester is the least affordable place to buy or rent property in the UK, whereas Hull and Belfast are the most affordable.

Middlesbrough, Dudley and Wolverhampton have the most affordable rental markets in the UK with 99% of properties within an average working couple’s budget.

The North-South divide is still prevalent in the UK property market with the most affordable properties located in the North of the country, where first-time and next-time buyers in full-time employment have the largest pool of properties within budget to choose from

Rental prices in East Anglia and the South East of England are among the highest in the UK according to analysts as these areas outperform the rest of the country, due to high tenant demand.

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