Deposit Protection for Scotland WelcomedSeptember 28th, 2009 LONDON - The announcement of a national scheme for Scotland to protect tenants' deposits and provide Alternative Dispute Resolution for the Private Rented Sector has been welcomed by The Tenancy Deposit Scheme, TDS. The Scheme has offered to provide assistance wherever it can.
Licensing Letting Agents - NALS Takes up the Challenge Following Industry-wide ConsultationSeptember 14th, 2009 LONDON - With the licensing of both letting agents and landlords rapidly climbing up the housing agenda, NALS, the National Approved Letting Scheme, will offer licensing to all its existing registered letting offices from this week. This moves follows extensive consultation throughout the summer on a framework for statutory licensing drafted by NALS.
Costs to Rise for Mandatory Tenancy Deposit CoverSeptember 14th, 2009 LONDON - 2008-09, the second year of operation since mandatory deposit protection was introduced into the private rented sector, was a successful year for the Tenancy Deposit Scheme (TDS). The number of tenancies registered nearly doubled, rising from 470,323 to 786,405.
Landlords Most at Risk in a Rising Rental Market - WarningSeptember 2nd, 2009 LONDON - The rental market is on the move again. However, this is the time when landlords are most at risk from defaulting tenants as, although performance indicators, including housing, show upswings, unemployment is still expected to rise for the foreseeable future.
Martin & Co Weymouth House Canadian Olympic Sailing TeamJuly 22nd, 2009 BOURNEMOUTH, England -
- First Foreign Olympic Monies Into UK
The Weymouth office of the UK's largest dedicated letting agency, Martin & Co is among the first businesses to directly benefit from foreign revenues as a direct result of the Olympics - some three years before the event itself!
The Canadian Sailing Team has just rented a four bedroom house, complete with swimming pool, through Martin & Co in order to accommodate its team members as they train in waters close to the actual sailing course. Martin and Co's local franchise owner David James said, "We were pleasantly surprised to receive the enquiry from Canada, and it certainly proves that our international connections are paying dividends.
Country's Biggest Council 'Cash Back' Bites Back at the Credit CrunchJune 17th, 2009 LONDON - Ealing Council is proposing to give a one-off 'Value For Money Premium' cash handout to every home in the borough as part of a GBP6 million-plus package to fight the recession. Under plans, more than 122,000 council tax households in the borough will be given GBP50 cash back, costing the council more than GBP 6.1 million.
Report Reveals 81% Non-Compliance With Energy Regulations in UK Commercial Property MarketJune 7th, 2009 MILTON KEYNES, England - Even the greenest of businesses are unlikely to be able to make informed choices about the energy efficiency of the premises they buy or rent right now, according to new research published today by National Energy Services (NES). In a mystery shopping exercise to check on compliance with European and UK law relating to the energy efficiency of buildings in the commercial property sector, NES discovered that more than 80% of agents it spoke to were unable to provide the mandatory Energy Performance Certificate (EPC) for the offices or shops they were marketing for sale or rent.
Martin & Co Call for a Single Tenant Deposit SchemeApril 6th, 2009 BOURNEMOUTH, England - In the wake of a number of cases of end-of-tenancy disputes and even the fraudulent misappropriation of deposits held on some letting agencies' client account, the Managing Director of the UK's largest dedicated letting agency has hit out at the Government's failure to go further in legislation covering the security of tenants deposits. Ian Wilson, MD of Martin & Co, which has over 160 letting offices nationally, said that many landlords and, shockingly, letting agencies still hold deposit monies themselves without complying with the Tenancy Deposit Protection regulations.
Tenancy Deposit Scheme Approaches the Billion Pound MarkMarch 30th, 2009 LONDON - At the approach of the second anniversary of mandatory tenancy
deposit protection next week (on Monday April 6), the Tenancy Deposit Scheme
reports that it is protecting over GBP800 million pounds in tenants deposits,
an increase of a quarter of a billion pounds in less than 12 months. These deposits cover against damage and dilapidations in over
800,000 tenancies housing 1.25 million tenants.
Stafford Hospital is a Classic Example of the Government's 'Flawed' NHS Privatisation PolicyMarch 17th, 2009 LONDON - Stafford Hospital is a classic case of the government's 'flawed'
privatisation agenda for the NHS, Unite, the largest union in the country,
said today (Wednesday, 18 March). The hospital, run by Mid Staffordshire NHS Foundation Trust, where more
than 400 people are said to have died over a three year period - an above
average figure - is 'an example of what happens when the target obsessed
privatisation culture takes hold'.