Welsh landlords and letting agents face fines of up to £5,000 if they fail to comply with Rent Smart Wales licensing requirements – with many approaching renewal milestones more than 10 years after the scheme was launched. The NRLA is urging licence holders to check if their licence is due for renewal. Rent Smart Wales…
The group now has almost 300 estate agent branches and 37,500 lettings portfolio Author: Gemma Discover more from Sovereign Prime Property Subscribe to get the latest posts sent to your email. Type your email… Subscribe
PIC COURTESY BROMLEY TRADING STANDARDS Many letting agents are risking fines of up to £5,000 by failing to meet Client Money Protection (CMP) regulations, it has emerged. Random checks on 200 agency websites found that 62% were not displaying CMP certificates despite it being a legal requirement. Compliance standards Compliancy platform The Letting Partnership (TLP),…
The student lettings market has been much harder hit by the Renters’ Rights Act than any other sector. The problem is that most student contracts started in September 2025 and ran for 12 months. As a consequence of the Renters’ Rights Act, students were able to end their rental contract early this year. The students…
Kemi Badenoch’s reshuffle elevates former estate agent and brings back former Foreign and Home Secretary Author: Gemma Discover more from Sovereign Prime Property Subscribe to get the latest posts sent to your email. Type your email… Subscribe
Inflation fell to a 10-month low in January, prompting traders to raise expectations that the Bank of England could cut the base rate at its next meeting on 19 March. The Consumer Prices Index dropped to 3% from 3.4% in December, according to the Office for National Statistics, which is its lowest level since March…
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