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General Election manifestos mean deposit reform is “unavoidably on the agenda” and make it clear it’s “how” not “if” or “when” for Letting Agent fee ban

Thursday, May 18, 2017

A leading property campaigner believes the publication of the main political party’s General Election manifestos means tenancy deposit reform is now “unavoidably on the agenda”. Ajay Jagota, founder of sales and lettings firm KIS and deposit-free renting solution Dlighted is also warning the property industry to stop “li...

Metro Map analysis shows Tyne and Wear rents on the rise

Thursday, May 11, 2017

•    Moving just one Metro stop saves you almost £84 every month – and could save you almost £700. •    Tynemouth most expensive station to rent near outside of central Newcastle – Tyne Dock is the cheapest. The Tyne and Wear Rent Map – showing what the Metro Map would look ...

6000 North East rogue landlord complaints in three years (and what are South Tyneside hiding?)

Friday, May 5, 2017

•    Property campaigner: “Every day in every single local authority in Tyne and Wear at least one person complains about the condition of their rented home– yet only one rogue landlord has been convicted in three years” More than 6000 North East renters have complained to the council about their landlord i...

North East house prices rise 1.9% as General Election called

Friday, April 28, 2017

•    Regional house prices grow for the first time in 2017 –adding £3099 to average house price •    South Shields leads the charge with monthly growth of 5.4% •    Average home in the region now valued at £166,655 - £9591 and 6% more than April 2016. • &...

Could Brexit backlash mean yet another new Housing Minister?

Thursday, April 20, 2017

Theresa May’s decision to call a snap General Election could leave the property sector facing a sixth new housing minister in seven years – one leading industry figure is warning. Labour leader Jeremy Corbyn launched the party’s General Election Campaign from Croydon, where current Housing Minister Gavin Barwell MP is defendi...

“Accept that change is coming” – deposit reformer’s message as 2017’s deposit theft total passes £300,000

Thursday, April 13, 2017

A leading property campaigner has welcomed news that the government’s consultation into the banning of letting agent fees will also consider reforming how tenancy deposits are paid – as the total value of deposits known to be stolen in 2017 passes £300,000 Renting reformer Ajay Jagota keeps a running total of the cash value of...

Compulsory Client Protection Money: Be careful what you wish for!

Thursday, April 6, 2017

A leading property expert is warning that letting agents applauding government plans to make Client Money Protection Schemes Compulsory might be celebrating too soon – and might be about to be hit with “astronomical” insurance premiums. The Department of Communities and Local Government last week confirmed that it plans to make ...

North East house prices “in suspended animation”

Thursday, March 30, 2017

•    Prices fall 0.1% over past four weeks – £307 in cash terms. Prices also unchanged year-on-year. •    Blyth, Washington, Gateshead and Morpeth perform best over past month •    Easington and Peterlee perform poorest. •    Rents fall 2.2% to 576 –...

Help first-time buyers by scrapping tenancy deposits

Friday, March 24, 2017

Renters are spending half their wages keeping a roof over their head and are twice as likely as homeowners to have no savings – putting home ownership out of reach for millions Property campaigner Ajay Jagota believes a simple solution would be to let renters put their tenancy deposits into savings accounts – with their landlords bet...

Only one North East rogue landlord prosecuted in 3 years

Friday, March 17, 2017

Sunderland has emerged as the only North East local authority to prosecute a rogue landlord in the past three years. Freedom of Information Requests to all five Tyne and Wear authorities have revealed that Newcastle, Gateshead, North Tyneside and South Tyneside councils could not secured a single conviction between them in a period of almost 40 m...
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