It’s been a year since the start of lockdown in the UK and I’ve been impressed by how well letting agents have adapted and kept delivering great service throughout.
From 4 May 2021 your agency could be blocked from charging late fees, compounding interest on missing rent and taking any enforcement action over debts, thanks to the new Debt Respite Scheme (Breathing Space) Regulations in England and Wales.
For our 2024 annual Rental Confidence Index, we surveyed property professionals about their primary concerns.
Neil Cobbold, managing director of automated rental payment and client accounting specialists PayProp UK, comments on Chancellor Jeremy Hunt’s Budget Statement announced on 6 March 2024.
Letting agents who fail to protect client money properly could face hefty fines, warns Neil Cobbold.
Evictions law – get specialist advice if you’re unsure