Tuesday 5 May 2009

Potential Changes to Letting Rules in the UK

The Times reports that all private landlords in the UK may have to be registered before letting residential property under new government plans mooted to curb abuse in the rental market.

It is estimated that the number of private landlords has risen to about one million in England and Wales and it is felt within the government that moves must be taken to prevent unscrupulous landlords from exploiting tenants.

The proposal is that anyone letting a residential property would have to pay a fee, mooted to be £50 to start with, to register with a national body. Those required to register would include developers, buy-to-let investors and those who have become landlords because they cannot sell their properties and have let them out instead.

See the full article from the Times here

If you would like information on current opportunities in the UK please fill out this form and our partners will be in touch. 

Register now to receive our informative newsletter, save searches and tailor your OverseasCafe.com experience to your own needs.

________________________________

For a selection of property in the UK click here.

For a list of agents selling property in the UK click here.

For independent articles on overseas property click here.

For advice on purchasing in the UK click here.

For news on the UK property market click here.

For new releases and product updates from UK agents click here.

For a selection of property exhibitions featuring UK property click here.

No comments: