RELO NEWS
Private Rental Prices Still Increasing in England, Scotland and Wales
Rental prices paid by tenants in Great Britain (England, Scotland and Wales) increased by 1.4% in the 12 months to November 2017.
Rental prices for Great Britain excluding London increased by 1.8% in the 12 months to November 2017.
Rental prices for London increased by 0.6% in the 12 months to November 2017. This is the lowest annual increase in London since October 2010.
As of 1st February 2016, landlords (and letting agents if acting on behalf of the landlord) must check that a tenant or lodger can legally rent a residential property in England.
Failure to comply with this legislation means a landlord can be fined up to £3,000 for renting a property to someone who isn’t allowed to rent property in England.
Before the start of a new tenancy, the landlord must make checks for tenants aged 18 and over even if:
If the tenant is only allowed to stay in the UK for a limited time, the check needs to be carried out in the 28 days before the start of the tenancy.
