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A property specialist has just released figures from its' rental index (prices actually charged for rent rather than asked for) for the last quarter in 2013. It shows that the North is catching up with the South on monthly rent charges as the historically expensive areas of Greater London and the South East have seen average monthly rents fall; whilst the cheaper areas have seen an increase in fortunes with rents going up.
Major increases in rent occurred in areas that had previously experienced slower growth to the Capital and affluent areas in the South East. One of the highest increases was in Wales with an average rise in that quarter of 9.62% (£59), the North East had an average increase of 9.16% (£58) with Yorkshire and Humber of 6.38% (£36).
Letting Agents Bitterly Disappointed by Hammond
Immigration Act revised 2016 should a landlord or letting agent fail to ensure ALL tenants/occupiers have a righto reside for the duration of the tenancy then they may be fined £3000 for each breach. The Secretary of State may instruct the landlord to remove such persons without the need of a court order by way of reasonable force
Labour market enforcement - restriction on illegal migrants to work. A labour market enforcement undertaking (an “LME undertaking”) is an undertaking by the person giving it (the “subject”) to comply with any prohibitions, restrictions and requirements set out in the undertaking