How the tenant fee ban affects your rental property

Posted by Residently

If you’re a landlord, you’ll likely know about the Tenant Fees Act, which came into effect in June of 2019. The law prohibits landlords and estate agents from charging tenants most letting fees – like those associated with reference checks, for example.

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Landlord legislation: a recap of 2019 and what's new in 2020

Posted by Mark Gaukrodger

2019 was a volatile year for landlords. Between the Tenancy Fees Act 2019, the introduction of the Homes (Fitness for Human Habitation) Act 2018 and the Section 21 controversy, it was almost impossible to keep up with changing legislation.

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Analysing the NLA’s findings into Section 21 changes

Posted by Marina Cheal

 
 
As the Section 21 debate rages on, the NLA has released its analysis of the effects the abolition of the legislation may have on private renting. In a market that continues to reduce returns for landlords, the proposed reforms to Section 21 make things even harder - not only punishing good landlords, but also providing less choice for renters.

The NLA’s report is a new development in the ongoing conversation - so we’ve analysed the key findings to make sure you’re well-informed of the possibilities of the government’s move.

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Residently’s next steps

Posted by Tom Allason

In 2015 I became a renter for the first time in a decade - initially as my house was being refurbished, then as I relocated around the world as an exec at eBay. I rented five homes in four years in three countries. At the start I thought it was going to be fun to live in different kinds of properties and to leave the worries of ownership behind.

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Residently raises £7m in funding

Posted by Residently

Today we’re announcing that we have secured £7m in seed investment to help Residently fund its growth in London and New York.

The investment comes from leading European VCs including Felix Capital, LocalGlobe and A/O PropTech, as well as existing angel investors. The funding will be used to grow our engineering and product teams, support building the rental portfolio in London and New York, and add extra services to our Living platform.

Our founder and CEO Tom Allason wanted to design a rental experience around tenants, having had unsatisfactory experiences renting homes in several countries around the world. In doing so, he realised that landlords could also benefit from a better way of doing things.

“We are building the global rental brand by using tech to offer flexibility and smart services to renters. We put them first because by improving the experience for renters, we positively disrupt the economic model for property investors and owners - enabling them to maximise their yield with minimum hassle,” he said.

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Meet a landlord: Simon & Hannah, the internationals

Posted by Marina Cheal

Simon and Hannah are international landlords who moved to Hong Kong two years ago to follow their professions. Living so far away made it difficult to manage their property, renew leases, negotiate with tenants, sort out maintenance issues and deal with agency fees.

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The Residently Guide to a Post-Brexit Housing Market

Posted by Marina Cheal

In some ways, the time couldn’t be better to be a landlord.

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WANT SOMETHING GREAT?

The Residently Guide to a Post-Brexit Housing Market.

In this in-depth PDF guide, we answer YOUR key questions about how Brexit will affect you as a landlord

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