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Lettings Market Brief: New legislation on its way

The rental sector is currently seeing an unprecedented stream of new legislation and sanctions imposed by the Government with many changes coming into effect in 2018.

A steady wave of changes to deposit registrations, tax changes and tenant’s rights to name but a few means that is imperative that landlords are up to date with the current rules and regulations.

Understanding these new laws can be a bit of a minefield, however failure to be compliant can result in some very serious fines. Therefore, the importance of professional property management cannot be underestimated.

Having a strong, professional agency looking after your property is starting to become almost essential with recent figures released by ARLA claiming that the number of properties managed by letting agents is now at a record high.

At Hudson Moody we pride ourselves on being a forward thinking, professional agent offering a quality service with a more personal touch. If you are thinking of switching to a management service, would like to talk to us about any aspect of the rental market or would like some sound advice, contact the Lettings team directly on 01904 629629 or e-mail lettings@hudson-moody.com.

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