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News Article

"In May, you MUST give your Tenants the Renters Rights Information Sheet or

YOU RISK  - £7,000 FINE  PER TENANT PER PROPERTY."READ MORE

Landlords Demand Speedier Evictions And Tougher Tenant Credit Checks

29th May 2024

Landlords are calling for tougher measures to make sure that private renters can afford to pay their rent with 70 per cent wanting tenant’s rental arrears being linked to their credit ratings to help prevent late payments, according to a survey.


Image credit: iStock

One of the UK’s largest property services groups’ survey found that ‘surprise, surprise’ England’s private landlords biggest worry is their profitability levels that have been hit hard by rising mortgage rates, increased taxation and maintenance costs forever on the rise.

Out of the 630 landlords who took part in the survey 45 per cent support the introduction of a tenant register to name those who can be termed as ‘career rent criminals’ with a CV of their non-payment cases and/or those who damaged properties.

What the survey found which is a positive shock reveal  – 45 per cent of tenants said a tenant register would be beneficial -  some others even admitted it would certainly discourage them from paying late.

Landlords also wants those tenant’s with a history of rental arrears must have their credit ratings impacted accordingly.

The group’s national lettings managing director, Allison Thompson, said: “With 70% of landlords calling for tenant arrears to impact credit ratings and 61% pushing for streamlined legal proceedings, there’s a clear mandate for reform that addresses landlords’ concerns while fostering a fair housing market.

“We remain steadfast in its commitment to championing legislative changes that recognise the challenges landlords face, advocating for a rental market that is equitable, sustainable and responsive to the needs of all stakeholders involved.”

The survey also draws attention to a divide amongst landlords on the government’s proposed reform of the Section 21 ‘no-fault’ evictions.

Although 42 per cent of landlords see it is most important to be in full control of their properties others do recognise the negative opinions surrounding ‘rogue landlords’, however good landlords have little to worry about future changes.

The survey also finds that many tenants are not aware of the Renters Reform Bill with nearly half not even knowing it exists and only 4 per cent fully understand its implications. 


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"In May, you MUST give your Tenants the Renters Rights Information Sheet or

YOU RISK  - £7,000 FINE  PER TENANT PER PROPERTY."READ MORE

 

 

 


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Fit for Habitation|March 2019 The ACT is intended to define minimum standards a rental property MUST be and makes a clearer pathway way for Tenants to be compensated|https://www.pims.co.uk/fit_for_habitation_act_march_2019/ Guarantor|The person who provides a guarantee and promises to make payment good should the person responsible for the agreement fail|http://www.pims.co.uk/guarantors/ MEES|The Minimum Energy Efficiency Standard (MEES) Landlords are charged with the requirement to bring their rental property to a minimum EPC rating of E. Property with F and G rating will effectively be banned from the rental market April 2018 |http://www.pims.co.uk/epc/ Section 11|Section 11 of the Landlord and Tenant Act 1985 places an obligation on the landlord to maintain the structure and exterior of the property, including installations for the supply of water, gas and electricity, heating systems, drainage and sanitary appliances|http://www.pims.co.uk/landlord-section-11-repairs/ serving date|This date is the date deemed received at the property - as an example if posted allow for posting days|/serving-notice-on-a-tenant-delivery-days/ Tenancy Application|The objective of vetting is to empower yourself so you can make an informed decision as to the calibre of the prospective person. Making your decision on facts and figures is invaluable and this is why you should always take references. The application form also provides you with permission to perform credits. This form details all the information you should ever require deal with most eventualities including absconding tenants|http://www.pims.co.uk/doc/57/ Tenant Fees|From June 2019 where renting properties in England gone are the days of charging for admin, letting fees, vetting, references, inventory, check in, check out, cleaning, pet insurance or ANY other fee that is not explicitly permitted within the legislation. |https://www.pims.co.uk/ban_letting_fees_act_2019/