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News & Blog

How Does ‘Guaranteed Rent’ or ‘Rent to Rent’ Work?(Posted On: 10/05/2017)

Guaranteed Rent, also known as Rent to Rent, is where an individual or company takes an interest in a property for a period of time from a landlord and guarantees to pay a fixed rent to the landlord.

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New landlord tax rules come into force despite opposition(Posted On: 09/05/2017)

New landlord tax rules come into force despite opposition

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Local Authorities can now levy – and keep - £30,000 for enforcing property licensing(Posted On: 09/05/2017)

Local Authorities can now levy – and keep - £30,000 for enforcing property licensing

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Tenant Fee Ban Survey - 87% of Letting Agents believe rents will rise after fee ban (Posted On: 29/03/2017)

Our most recent survey consulted letting agents on the potential effects of the proposed ban on agency fees. This ban is set to apply to any fees an agent charges to the tenant, typically for administration costs, referencing and background checks.

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CMP to be Mandatory of all Lettings and Property Management Agents(Posted On: 29/03/2017)

The working group investigating the demand for mandatory client money protection (CMP) has put forward their official recommendations to the Government strongly suggesting the introduction of compulsory CMP.

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Scottish Agents - Are you ready for registration?(Posted On: 14/03/2017)

The Scottish Government, in conjunction with the Scottish Association of Landlords Council of Letting Agents, is holding a series of awareness raising events aimed at letting agents that will help you to get your business ready for registration.

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Our statement on recent media publicity surrounding redress schemes(Posted On: 10/03/2017)

Mandatory membership of a redress scheme came into force on 1 October 2014 requiring that letting agents and property managers join one of three Government-approved redress schemes. The Property Redress Scheme (PRS) joined the Ombudsman Service: Property and The Property Ombudsman in being authorised by the Government to ensure compliance with this regulation.

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Cyber-crime and letting agents: Is your business as secure as your property?(Posted On: 28/02/2017)

Though a mention of ‘security’ usually calls locks and alarms to letting agents’ minds, it is computers which demand their attention as a wave of online cyber-criminals target the property industry. A majority of letting agents are self-employed, run their own small company and may own and rent out properties as a supplementary income.

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ADR Regulations Statistics Release(Posted On: 27/02/2017)

The PRS ADR Regulations Statistics for 2015-16 have been released ahead of the PRS Annual Report.

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Propertymark: Are we finally breaking the code? - A view from Sean Hooker (Posted On: 22/02/2017)

Property Redress Scheme's Head of Redress, Sean Hooker, tackles the issue of widespread property industry acronyms. From DPS to NFOPP, Hooker argues the case for a return to simplistic brand names as seen by ARLA and the NAEA's recent rebrand as Propertymark.

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News & Blog

‘Ask the expert’ – lettings advice from Julie Ford

Discover invaluable insights into the world of lettings with 'Ask the expert'.

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Latest list of expelled agents (Jan 2024)

Our quarterly expulsions update offers some insight into what leads up to the PRS’s decision to exp...

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