News

2018: Time to embrace the commercial, social and economic benefits of deposit free renting

Saturday, January 6, 2018

A year of a ban on letting agent fees, a cap on tenancy deposits, new measures aimed at boosting home ownership and a new homelessness reduction strategy is the perfect one for the private rented sector to embrace deposit-free renting – a leading lettings expert believes.

2018: Time to embrace the commercial, social and economic benefits of deposit free renting

Saturday, January 6, 2018

A year of a ban on letting agent fees, a cap on tenancy deposits, new measures aimed at boosting home ownership and a new homelessness reduction strategy is the perfect one for the private rented sector to embrace deposit-free renting – a leading lettings expert believes.

North East house prices down 2% in 2017

Saturday, December 30, 2017

Average house prices in the North East are ending the year 2% lower than they began it – wiping more than £1200 from the value of the average property.

Stolen deposit total approaching £1m as 2017 comes to an end

Thursday, December 21, 2017

Crooked landlords and letting agents have raided close to £1,000,000 from tenancy deposit accounts in 2017 – new figures show. Renting reform campaigner and KIS lettings boss Ajay Jagota keeps a running total of the cash value of deposits criminal letting agents have been convicted of stealing, which he publishes on a quarterly basis....

North East house prices fall below 2016 levels

Friday, December 8, 2017

•    Monthly growth of 0.6% not enough to keep average prices above levels recorded in November 2016. •    Property values down 2% year-on-year – almost £4000 in cash terms •    Typical property valued at £167, 401 – compared to £171,286 at the end of Novemb...

Budget response: “It’s all very well building more houses, but are renters going to be able to afford to buy them?”

Wednesday, November 22, 2017

Property campaigner and KIS Group boss Ajay Jagota gave his reposnse to the 2017 Budget. The head of the #ditchthedeposit campaign and founder of leading deposit-free renting firm Dlighted said: “This was a budget billed as being targeted on housing, but by focusing on house building the Chancellor virtually ignored the 20% of people who...

Is the door still open to a four week tenancy deposit cap?

Saturday, November 18, 2017

A leading property expert is warning that the government’s draft Tenant’s Fees Bill contains sweeping powers for the Secretary of State to suddenly cap tenancy deposits at four weeks after all– or to ban them altogether.

Tenants Fees Bill will “push deposits close to £1500”

Friday, November 10, 2017

A government plan to cap tenancy deposits at 6 weeks rent threatens to cost Britain’s renters an average of £1391 – and the country up to £6bn. The Draft Tenant’s Fees Bill published last week set out government plans to cap tenancy deposits at the equivalent of six weeks rent – rather than the four weeks previ...

North East house prices 0.8% down in October

Thursday, November 2, 2017

•    Average property value falls over £1000 over last four weeks worth – driven by falling prices in Sunderland, Durham City and Killingworth. •    Property values remain almost 4% up year-on-year – more than £6000 in cash terms •    Fastest monthly growth in Blyt...

KIS boss “not convinced” by draft letting agent fee ban and deposit cap

Wednesday, November 1, 2017

A leading North East property campaigner is “not convinced” by government plans to make it a criminal offence for letting agents to charge tenants fees and to cap tenancy deposits. Ajay Jagota, founder of South Shields- based sales and lettings firm KIS and deposit free renting firm Dlighted and campaigner for privately rented prope...