Tag: Property Management

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Update on the Renters Rights Bill

As largely anticipated, the Renters’ Rights Bill has smoothly passed its second reading in the House of Commons on 9th October. thanks to Labour’s huge majority.

This happened less than a month after the Bill was first introduced and within the first 100 days in office of the new government. The Bill delivers on the government’s manifesto commitment to swing power to renters, with the figurehead reform being the abolition of Section 21 evictions across new and existing tenancies at the same time.

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You do not have to use the estate agent you bought your rental property from to manage it.

When you buy a new property to let, it can seem a good idea to keep the management with the estate agent you just bought it from but, have you considered that they might not really be set up as a lettings agency and are actually mostly sales driven? If the property was managed by another lettings agency before the sale, shouldn’t you check them out first?

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