Tenant Fee Ban Begins

On Saturday 1st June 2019 a ban on admin fees charged by landlords and letting agents comes into force in England. It was first proposed in 2016 by the Chancellor in his Autumn Statement and received a Royal Ascent on 12th February. This ban effectively means that landlords and letting agents will no longer be able to charge hundreds of pounds to let a property.

Landlord or a Letting Agent cannot require a tenant (or anyone acting on their behalf or guaranteeing their rent) to make certain payments in connection with a tenancy. You cannot require them to enter a contract with a third party or make a loan in connection with a tenancy.

So what exactly are landlords and letting agents allowed to charge?

According to the guidance published by the Government the only payments that can be charged in connection with a tenancy are:

  • the rent
  • a refundable tenancy deposit capped at no more than five weeks’ rent where
    the annual rent is less than £50,000, or six weeks’ rent where the total annual
    rent is £50,000 or above
  • a refundable holding deposit (to reserve a property) capped at no more than
    one week’s rent
  • payments to change the tenancy when requested by the tenant, capped at
    £50, or reasonable costs incurred if higher
    payments associated with early termination of the tenancy, when requested
    by the tenant
  • payments in respect of utilities, communication services, TV licence and
    council tax
  • a default fee for late payment of rent and replacement of a lost key/security
    device, where required under a tenancy agreement

If the fee you are charging is not on this list, it is a prohibited payment and you
should not charge it. A prohibited payment is a payment outlawed under the ban.

What about existing tenancies?

If a tenancy agreement was entered before 1 June 2019, you can continue to
require a tenant to pay fees written into that agreement (e.g. check-out or renewal
fees) until 31 May 2020.

Who will ensure this is enforced?

Duty to enforce ban will fall under  Trading Standards authorities  but district councils that are not Trading Standards authorities will also have power to enforce if they choose
to do so.

What happens if a landlord/letting agent does not comply?

A breach of the legislation will usually be a civil offence with a financial penalty of up
to £5,000, but if a further breach is committed within 5 years of the imposition of a
financial penalty or conviction for a previous breach this will be a criminal offence.

 

 

Nothing on this website should be considered as advice. Contains information excerpted from Tenant Fees Act available under  Open Government Licence v3.0
Photo by Suzy Hazelwood from Pexels

Top 10 Data Hungry Postcodes

Internet is undoubtedly a huge part of our lives. We analysed latest data from Ofcom’s Connected Nations 2018 report and looked at where the most data was being downloaded. Find the results below. You can find more information on CheckMyStreet.

Data usage refers to both uploaded and downloaded data in GB for all connections in that postcode.

Postcode Average data usage (GB)
CB4 2WT (Cambridge) 165,408
NG19 9JB (Mansfield) 117,678
KT20 5RP (Tadworth) 51,624
EN9 3BW (Waltham Abbey) 42,169
PL26 6SB (St Austell) 39,899
MK13 7EY 37,365
NG13 9NA (Nottingham) 36835
SE3 9RR (London) 35,820
PO15 6QZ (Fareham) 33,400
KT13 9SZ (Weybridge) 32,793

 

 

Contains information licensed by the Office of Communications.

Why Should You Use Check My Street Before Buying a New Home?

Before you go ahead and buy a new home, it’s important to have a lot of information about the property and the local area. Instead of simply buying a property and moving in straight away, take the time to research it using Check My Street.

 

Check My Street is Here to Help

At Check My Street, we understand that buying a new property is a stressful and daunting process. Not only do you have to find a new home that offers everything you need from a house, you also need to find it in an area that you want to live in. This isn’t always easy, especially if you are moving somewhere completely new. This is where Check My Street comes in. With a vast amount of information about properties and local amenities, we’re able to provide you with a great deal of information before you buy a new home. Instead of buying and hoping for the best, you can buy knowing all there is to know about where you’ll be moving to.

 

When you use our website, you’ll see just how easy it is to find out everything that you need to know. There’s no need to scour the web doing your own research, as everything is listed in one place. All you need to do is search for your postcode and see what we have to say. You’ll find information on local transport links, broadband speed and the local area. We even have the latest crime statistics, which help you to get an overall feed of a new area before you move.

 

If you’re more interested in what other properties have been sold for, Check My Street has this information to. We even have average monthly rent information for anyone who’s buying a home with the plan to rent it out. It really doesn’t matter where you’re moving to or what you’re planning to do with the property, Check My Street tells you everything that you need to know.

 

To find out more about using Check My Street, get in touch. Alternatively, search for your postcode and find out more.

Find Everything You Need to Know About Your Street

Let’s face it, we all want to know what’s going on in the local area. We want to know if it’s safe, we want to know about local amenities and we want to know about property prices. At Check My Street, all of this information is readily available. You can find out everything you need to know about your street and the surrounding areas.

 

The Benefits of Using Check My Street

 

  • A Range of Information is Available in One Place – At Check My Street, we work hard to update all of our data as often as possible. In many cases, this happens on a daily basis. This means that you can find up to date information about your street, whenever you need it. You can check the latest crime rates, broadband speeds, rental prices, bus stops and train stations. There’s no need to spend hours online looking for information, as it’s all available at Check My Street. It’s quick, it’s easy and it’s a great way to find out more about where you live.

 

  • It’s Quick and Easy to Use – Using Check My Street really couldn’t be any simpler. With an easy to use search feature and easy to understand information, it’s ideal for anyone. It doesn’t matter what you want to know or whereabouts you live, all information can be found quickly. With a quick search of a postcode you’ll have access to data and statistics, all of which is free. It really couldn’t be any more straightforward.

 

  • You’ll Know More About Your Street and Local Area – As somewhere that you spend a great deal of time, it’s a good idea to find out more about your street and local area. Not only can this help you when it comes to changing internet providers or renting a room, but it can also help if you are planning to move elsewhere and don’t know much about the new area.

 

When it comes to finding out about your street and local area, there’s no easier way to go about things than by using Check My Street. With a tonne of information that’s easy to find, you’ll know all there is to know about properties and local amenities. All it takes is a quick postcode search.

Property Repossessions in March 2018

CheckMyStreet last looked at repossessions statistics in January 2018. Fast forward to March 2018 and not much has changed. Overall repossessions dropped slightly to 649. North West is still the region with most repossessions at 160, up 22 from January 2018. East of England is up 4 at 15 from January but still the lowest.

Below is a quick summary of repossessions in England and Wales for March2018.

We also offer property removal service.

REPOSESSIONS 2018 (1).png

Contains HM Land Registry data © Crown copyright and database right 2018. This data is licensed under the Open Government Licence v3.0.

Property Repossessions in January 2018

CheckMyStreet has recently looked at data from HM Land Registry for repossessions in January 2018. Generally repossessions take place when you are in mortgage arrears or in arrears of another debt that was secured against the property.

Below is a quick summary of repossessions in England and Wales for January 2018.

We also offer property removal service.

REPOSESSIONS 2018

Contains HM Land Registry data © Crown copyright and database right 2018. This data is licensed under the Open Government Licence v3.0.

How is the value of any property affected by these 6 categories

A little while ago CheckMyStreet conducted a small survey asking estate agents and property professionals about what impact certain characteristics has on perceived property value. There were six categories of interest:

  • Local amenities
  • Crime Rate
  • Sales/Rental demand
  • Council Tax
  • Letting Performance
  • Sales Performance

Local Amenities

Unsurprisingly the most clear answer was Local Amenities with 70% of responses rating this between 7 and 9. amenities

Crime rate

Crime rate was another deciding factor in our research showing a wider cluster of responses from 4-10, with most answers being close to 10. You can see current crime rate per postcode on CheckMyStreet.

crime

Sales and Rental Demand

Demand attracted over 60% of votes between 9 and 10 as having the most impact.

demand

Council tax

Council tax, often forgotten and thought at very last moment attracted middle ground with 68% of responses between 3 and 6

council

Letting performance

Estate agents and property professionals placed lettings performance between 5 and 10 at 86% of all responses. However the cut isn’t quite clearly seen as the distribution is over 5 weighting points.

letting

Sales Performance

Sales performance sees a similar distribution but with 92% of responses being withing the 5-10 cluster. This is the most concentrated cluster of answers we have received making this factor probably the most significant.

sales

 

 

At Check My Street we give you all the information you need when choosing somewhere new to live. We bring together data from a wide variety of sources and filter that information into an easy to read fact sheet of the location’s vital statistics, and it’s 100% free. To give you a complete overview of what the area has to offer; we analyse sold property prices, current rent costs, bus links, nearby train stations, local crime statistics and broadband speeds.