Revenge Eviction Bill Proposed

The government backs bill to end retaliatory evictions

The government backs bill to end retaliatory evictions

The Government, in the form of Communities Minister Stephen Williams and Housing Minister Brandon Lewis, recently gave their backing to a Private Members Bill, put forward by Sarah Teather MP (LibDem), which aims to end the practice of retaliatory evictions.

The Bill has been backed by a number of organisations, including the housing and homelessness charity Shelter who stated, “no one should face eviction for complaining about bad conditions. The government’s – and ultimately Parliament’s – support for Sarah’s Bill could end this practice once and for all.”

Read more of this post

Category: Product #: Regular price:$ (Sale ends ) Available from: Condition: Good ! Order now!
Reviewed by on. Rating:

Young Group Sponsor RESI Café

Young Group Sponsor RESI Café

Young Group Sponsor RESI Café

After a successful 2013 Young Group is again proud to be returning to The Celtic Manor today as the sponsors of the RESI Café.

If you’re attending the event we hope you enjoy the fare on offer. This year, to minimise queueing and to keep up with demand, the Celtic Manor has doubled the number of servers throughout the Café area.

Also, all delegates will receive a complementary copy of our latest PRSupdate publication – with articles from industry leaders who are all currently active in the PRS, talking about their experiences of delivering a new, larger scale, modern Private Rented Sector.

Read more of this post

Category: Product #: Regular price:$ (Sale ends ) Available from: Condition: Good ! Order now!
Reviewed by on. Rating:

Spring/Summer 2014: Turn Reputational Risk Into Magic

Michael Oakes, Director of Communications, Young Group

Michael Oakes, Director of Communications, Young Group

Reputational risk has often been quoted as one of the principal barriers to entry when it comes to institutional investment in the Private Rented Sector (PRS), and became an issue of mythical proportions following the publication of the Montague Review.

Happily though, two years on, we’re seeing active heavyweight investment in the industry, which proves that reputational risk should be no more of an issue in the PRS than in any other sector.

After all, every industry has its own risk factors, yet it doesn’t prevent hotels offering rooms for rent by the night, or airlines from taking to the skies or institutions managing pension funds; all potentially risky and brand damaging activities, but none so much so that they’d be considered to be wholly un-investable…

The key to mitigating business risk is twofold: minimising operational risk and maximising brand protection.

Read more of this post

Category: Product #: Regular price:$ (Sale ends ) Available from: Condition: Good ! Order now!
Reviewed by on. Rating:

Labour defeated in move to ban lettings agency fees

Government

Government

As PRSupdate reported last week, Labour tabled an amendment to the Consumer Rights Bill that would have banned letting agents from charging fees to tenants.

But, after much debate, the motion was defeated in the House of Commons by 53 votes.

Hours prior to the vote the Government had announced it would put forward its own amendment to the Consumer Rights Bill. Details of the Government’s proposed amendment have not been fully revealed, as it has yet to be tabled, although it is known that it will compel letting agents to publish all of their fees on their websites and prominently in their offices.

The requirement would goes a step beyond the current Advertising Standards Authority (ASA) recommendations, including the ability to fine any agents who fail to comply.

The Government said it would plan to monitor the regime for a year and ‘put the industry on notice’ that it would be ready to consider further steps if it deemed necessary.

Young London, Young Group’s operational business, is fully prepared if these new proposals come into force as it already displays all fees on the its website and provides them to every applicant as part of their viewing pack.

Category: Product #: Regular price:$ (Sale ends ) Available from: Condition: Good ! Order now!
Reviewed by on. Rating:

Labour Party to force vote in an attempt to ban letting agent fees

House of Commons

House of Commons

Following on from setting out Labour’s policy aspirations for the Private Rented Sector Ed Miliband is going to force a vote in the Commons in an attempt to ban letting agent fees.

The proposal will be tabled as an amendment to the Consumer Rights Bill that is set to be voted on in the Commons this coming Tuesday (13/05).

This move is a shock to many in the industry and has been roundly condemned by leading industry bodies as being ‘short sighted’ and a ‘knee-jerk reaction’.

The Association of Residential Letting Agents (ARLA) has said that it is “deeply concerned” by Labour’s proposals with Ian Potter, Managing Director of the ARLA, stating that “Political posturing on an issue that has such a great impact on people’s lives is unfair.”

PRSupdate will be keeping a close eye on the situation as it continues to unfold.

 

Category: Product #: Regular price:$ (Sale ends ) Available from: Condition: Good ! Order now!
Reviewed by on. Rating:

Labour Party sets out its policy aspirations for the Private Rented Sector

Labour Party sets out its policy aspirations for the Private Rented Sector

Labour Party sets out its policy aspirations for the Private Rented Sector

Ed Miliband will set out the Labour party’s planned reforms of the lettings sector – if the party wins the 2015 general election. A future Labour government would impose longer tenancies, stable rent increases and an end to up-front lettings fees.
Read more of this post

Category: Product #: Regular price:$ (Sale ends ) Available from: Condition: Good ! Order now!
Reviewed by on. Rating:

PRSupdate Spring/Summer 2014 has arrived

PRSupdate has arrived

PRSupdate has arrived

The hard work has paid off and the 2014 Spring/Summer printed edition of PRSupdate has arrived!

This invaluable publication is full of insightful articles focusing on Operating in the Private Rented Sector (PRS). We are pleased that a raft of top contributors wrote articles for this issue and made it such a great success.

We’ve highlighted our contributors previously and hope you’re looking forward to reading what they have to say about this issue’s theme of operating in the PRS.

This printed edition of PRSupdate focuses on topics that are fundamental to running an effective PRS operation, such as; regulation, compliance, processes, systems and much more. It is a great resource for anyone considering investing, or operating, in the PRS.

Through PRSupdate, Young Group shares best practice and encourages discussion about the PRS . We are pleased that so many of you are continuing that conversation with us and helping to improve our sector.

Don’t miss out!

If you haven’t already, sign up here to receive a complimentary copy straight to your letterbox. It’s quick, easy and you get to control what you want to receive from us.

Category: Product #: Regular price:$ (Sale ends ) Available from: Condition: Good ! Order now!
Reviewed by on. Rating:

Focusing on Spring/Summer PRSupdate

PRSupdate March 2014

PRSupdate March 2014

From tomorrow the PRSupdate blog will be be going on a short hiatus.

This is so that our team can turn their full attention to our latest Biannual PRSupdate publication, which is due for release towards the end of the month.

Read more of this post

Category: Product #: Regular price:$ (Sale ends ) Available from: Condition: Good ! Order now!
Reviewed by on. Rating:

Young London and Young Group Shortlisted for RESI Awards

RESI Awards Finalists 2014
RESI Awards Finalists 2014

Young Group and Young London are proud to have been shortlisted as finalists in the prestigious RESI Awards.

Once again Young Group has been recognised for its Asset Management expertise while Young London’s continuing drive to set the standards for Lettings Agency has also been acknowledged.

Neil Young, CEO Young Group and Young London stated that he is “delighted that our Private Rented Sector (PRS) businesses have, for another year, been shortlisted by Property Week’s RESI Awards.”

Read more of this post

Category: Product #: Regular price:$ (Sale ends ) Available from: Condition: Good ! Order now!
Reviewed by on. Rating:

Customer Experience in the Private Rented Sector

Winning Customers' Hearts and Minds

Winning Customers’ Hearts and Minds

On Tuesday, I was in the audience at the BPF Residential Conference and was particularly struck by the post-session feedback and comment prompted by the panel session entitled “Winning Customers’ Hearts and Minds”. The session certainly seemed to capture the attention – and imagination – of the delegates that I caught up with in the programme breaks.  So I thought it worth penning a précis…

Michela Hancock of Bozzuto brought a US perspective to the panel highlighting the base level services which are commonplace in North America and which should be firmly embedded into our own Private Rented Sector (PRS) – as well as the opportunities that PRS owners and operators can create through enhanced services.

CEO of Young Group, Neil Young, was quick to point out that some PRS operators in the UK, such as Young London and Get Living London, are already investing heavily in understanding their customers and delivering an experience that precisely matches their specific needs.

Read more of this post

Category: Product #: Regular price:$ (Sale ends ) Available from: Condition: Good ! Order now!
Reviewed by on. Rating:

British Property Federation: Stop flipping property

British Property Federation

British Property Federation

The British Property Federation (BPF) wants the government to set up a formal covenant for Private Rented Sector (PRS) housing to stop developers from “flipping” properties to make short-term gains.

A report by the BPF, and co-authored by law firm Addleshaw Goddard, will be launched at tomorrows BPF Residential Conference in London, which Young Group is a sponsor of. The report will recommend owners agree to hold PRS property for a minimum number of years to “help assuage the fears of councils that developers could quickly flip products”.

London has a target of 5,000 new PRS homes a year, and a 15-year covenant on homes. Peter Hardy, partner at Addleshaw Goddard, said 2014 “could well be the year in which a professional rented sector finally emerges in the UK”.

Category: Product #: Regular price:$ (Sale ends ) Available from: Condition: Good ! Order now!
Reviewed by on. Rating:

RICS UK Residential Market Survey for December 2013

RICS

Image: RICS

The December RICS Residential Market Survey shows expectations for sales and prices remain firmly entrenched in positive territory at both the three and twelve month time horizons.

Although the headline sales expectations net balance for the next three months actually slipped back to +58, this still represents one of the highest readings since the series began in 1998 and is consistent with further strong gains in transaction levels.

Meanwhile, the twelve month number climbed to a new all time high (albeit that the series has only been running since early 2012). For price expectations, both series moved higher in December with the three month reading reaching its best level since 1999.

Read more of this post

Category: Product #: Regular price:$ (Sale ends ) Available from: Condition: Good ! Order now!
Reviewed by on. Rating:

Boris Johnson announces alterations to the London Plan

Boris Johnson

Boris Johnson

Boris Johnson, the Mayor of London, has announced plans to deliver tens of thousands of new homes and jobs in the capital through the creation of four new opportunity areas.

As part of a package of amendments that the Mayor has made to the previously published 2011 London Plan, which sets out the future development of the city,  the London boroughs of Southwark, Bromley and Harrow will see further investment to attempt to address the issue of the current population boom.

Read more of this post

Category: Product #: Regular price:$ (Sale ends ) Available from: Condition: Good ! Order now!
Reviewed by on. Rating:

ARLA rolls out television campaign

ARLA

Image: ARLA

The Association of Residential Letting Agents (ARLA) has created a TV advert aimed at increasing awareness of the work that they do.

The advert will inform consumers of the importance, and benefits, of choosing a licensed agent and is part of a campaign that has been designed to reflect the importance of sound choices when appointing an agent to work on any aspect of property ownership or rental.

Read more of this post

Category: Product #: Regular price:$ (Sale ends ) Available from: Condition: Good ! Order now!
Reviewed by on. Rating:

Young London crowned the UK’s Best Lettings Agency 2013/14

Best Lettings Agency London & Best Lettings Agency UK

Best Lettings Agency London & Best Lettings Agency UK

Earlier this year Young Group’s agency business, Young London, entered the UK country round of the International Property Awards in the category of Best Lettings Agency for our region (London).

The formal application and judging process required us to provide tangible evidence of our processes/procedures, resident and client feedback, IT systems, marketing strategy, client advice, client asset performance and, importantly, our approach and ethos.

I’m really pleased to say that we won the BEST LETTINGS AGENCY, LONDON category – and even more impressively, we also beat every other regional winner in the UK too, and were named BEST LETTINGS AGENCY, UK 2013/14.
Read more of this post

Category: Product #: Regular price:$ (Sale ends ) Available from: Condition: Good ! Order now!
Reviewed by on. Rating:
Visit Us On TwitterVisit Us On Linkedin