I know you don’t visit the NLA blog to read about politics, but the events of this week have repeatedly made me consider the contemporary credibility of two fairly well known quotes by two different but nevertheless well-known twentieth century leaders. Neither of whom are regularly quoted in respect of the private-rented sector - but … Continue reading Take some of the guesswork out of TDP – and put it into identifying the politicians
On 14 June 2013 Lord Justice Lloyd delivered his judgement on an appeal from the Wandsworth County Court in the case of Superstrike Ltd vs Marino Rodrigues. Since its publication there has been a lot of discussion on the online property forums and at local NLA meetings about the potential impact that this judgement may … Continue reading Superstrike Ltd vs. Marino Rodrigues – A call for calm and greater clarity
The NLA is reminding landlords and letting agents in Scotland that from 2nd July it will be mandatory to protect their tenants’ deposits. The law, passed by the Scottish Government last year, requires all new and existing deposits be lodged with a government-licensed scheme. TDP has been law in England and Wales since 2007, but … Continue reading TENANCY DEPOSIT PROTECTION COMES TO SCOTLAND
Most landlords ask new tenants to pay a month's deposit as security in case of any damage to the property or non-payment of rent by the tenant. It’s the only real protection available to us should things go wrong later on. However, what happens to that money at the end of the tenancy is also … Continue reading Deposits: Whose money is it anyway?
The Localism Bill changes are set to come into force on the 6 April and it will mean some small changes to the way landlords protect their tenant’s deposit. The good news is that that the changes will give landlords more time to protect the deposit money, but if you don’t do so, the courts … Continue reading More time to protect your tenant’s deposit