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News - 6 January 2014

New measures announced to combat unscrupulous landlords.

The Government aims to increase the quality of rental properties with a share of £4 million which has been allocated to 23 councils will help them tackle unscrupulous landlords renting out dangerous, dirty or overcrowded properties.
 
Christine Matthews, Property Manager at ABDS comments
“Other measures announced include a voluntary code of practice on the management of rental properties, developed by the Royal Institute of Chartered Surveyors (RICS), and a new requirement for all letting agents and property management services to join a Government-approved redress scheme by October 2014.”

The funding will enable councils to build on their work to root out ‘beds in sheds’. Since 2011 more than 500 of these illegally-rented outhouses have been discovered and action taken against the owners, while 9 councils have already received £2.6 million to tackle the problem.

Housing Minister Kris Hopkins said: “We want to raise the quality and choice of rental accommodation across the whole sector. These measures will continue our progress, ensuring tenants know what level of service they can expect and, if things do go wrong, giving them the confidence to get help and take action.”

3,000 lettings and property management agents, around 40% of the entire industry, who do not belong to the scheme will now be required to join one by October 2014.

Tenants will then be able to ensure complaints about hidden fees and poor service are investigated independently and, where a complaint is upheld, receive compensation.

If you need any help and advice on the implications of Property Ownership, Letting and Taxation, contact Lavinia Newman, Stuart Coleman or Tonmoy Kumar to discuss how ABDS can help.

ABDS Chartered Certified Accountants of Southampton.
Tel: 023 8083 6900  E-mail: abds@netaccountants.net

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