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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...

Britain's tenancy deposit bill is worse than we thought

Thursday, October 26, 2017

The total value of cash lost to the British economy through tenancy deposits has rocketed to £4.1b – a rise of 22%. Figures obtained from the Department of Communities and Local Government by KIS' partners at deposit free renting firm Dlighted as part of the #ditchthedeposit campaign show that as of March 31 this year the total c...

£850,000 of deposits stolen by crooked landlords and letting agents so far this year

Thursday, October 19, 2017

The total value of renter’s deposit cash stolen by crooked letting agents and landlords this year is edging closer to £1m. Landlords and letting agents have been convicted of stealing almost £850,000 of tenancy deposits so far in 2017– with the average theft totalling almost £50,000. Renting reformer and zero depos...

Transferring tenancy deposits - passporting the problem elsewhere?

Thursday, October 12, 2017

A leading property campaigner believes proposals to allow renters to transfer tenancy deposits between properties are to be welcomed – but will ultimately do little to improve the reality of renting

North East house prices 5% higher than this time last year

Friday, October 6, 2017

KIS Housing NOW – Housing North of Watford - pulls together the most authoritative and up-to-the-minute data and the expert market analysis of the KIS Intelligence Service to give you an indispensable guide to the state of the North East property market.

Universal Credit “latest thread to landlords”

Friday, September 29, 2017

Landlords are being warned to brace themselves for the rollout of flagship welfare reforms – with almost four in ten landlords suffering from unpaid rent following the introduction of Universal Credit. Renting reform campaigner Ajay Jagota,founder of KIS Group, was the first landlord in the UK to abolish tenancy deposits. The creator o...

Renters are most at risk from Britain’s debt mountain – and deposits are “threatening tenancies”

Friday, September 22, 2017

More and more renters are being forced to borrow money just to make ends meet – and one property campaigner believes landlords and letting agents are putting tenancies at risk by continuing to ask for deposits. The Financial Conduct Authority this week revealed that British households have run up a combined £200bn of unsecured consu...
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