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The Landlord Vision property management software blog

Keep up to date with the latest landlord news

Compulsory Arbitration Scheme for Landlords in the Pipeline

Following calls from the Citizens Advice, Sajid Javid recently announced plans to put in place a compulsory arbitration scheme for landlords. It will soon become a legal requirement for private landlords to sign up to the scheme, so tenants can access a dispute resolution process if they have issues with their landlord.

The scheme first came to the attention of the press when Mr Javid spoke about it at the Conservative Party Conference.

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Will Landlords Stop Using Letting Agents?

Research carried out by a leading landlord mortgage provider has found that 30% of landlords claim they will stop using a letting agent if their costs go up. Thanks to recent legislative changes, letting agents will no longer be able to charge tenants fees when they rent a property via an agent. Many believe this will end up costing landlords more, as letting agents recoup their losses by charging landlords extra.

 

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