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Em

Em Morley

Firm Launches App that Checks Immigration Status in 2 Seconds

A lettings industry supplier is launching an app that checks the immigration status of tenants in just two seconds.

The app will be available on smartphones and tablets, and uses optical recognition software as it scans documentation.

The managing director of UKtenantdata, Tony Williams, says that the system will make checking immigration statuses as easy as sending a text.

Firm Launches App that Checks Immigration Status in 2 Seconds

Firm Launches App that Checks Immigration Status in 2 Seconds

The service will be free to agents that already use UKtenantdata’s tenant screening plan and as a stand-alone option for other agents.

The date of the nationwide roll out of the right to rent scheme is yet to be confirmed, as well as other details.

However, Williams states: “It is a fact. Letting agents and landlords are now unpaid immigration officers.

“We thought: If you have to do the job, we may as well make it an easy one.”

The app will be launched ahead of the national roll out and can read worldwide passports, EU ID cards, UK visas and UK drivers’ licenses, extracting the relevant information.

The data is then passed onto servers for validation and is then placed in the prospective tenant’s reference file.

The software will highlight any visas that are about to expire, allowing the agent time to update the system with new documents. If a hopeful tenant does not provide the new documentation, the app gives an option to report to border control.

If the agent is subject to an audit, the app confirms that checks have been made.

UKtenantdata has made a £250,000 investment in the optical recognition software.

Williams says that the app will initially be available on iOS, but will be developed for Android users and other platforms later this year.

He continues: “Current beta testing for the new system has exceeded our expectations and we believe letting specialists will be astounded at what it can do for their business.

“Back in 1998, the overseas landlord scheme came into play; no one really paid that much attention until the audit letters started to come in from HMRC. The result – fines all round!

“Non-compliance of Immigration Act 2014 won’t be any different and will, if ignored, potentially put agencies out of business, or worse, the principals in prison.”1 

Visit the firm’s website here: https://www.uktenantdata.com

1 http://www.propertyindustryeye.com/software-firm-introduces-new-app-that-will-check-migrant-status-in-two-seconds/

Student Tenants at Risk of Electrical Hazards

Landlords and letting agents that manage student accommodation are putting tenants’ lives at risk by not fixing serious electrical hazards.

Electrical Safety First, a charity that has compiled a report on the matter, says that a high number of landlords and agents ignore safety issues that are reported to them, leaving student tenants exposed to the possibility of electric shock fires or electrocution.

Student Tenants at Risk of Electrical Hazards

Student Tenants at Risk of Electrical Hazards

The charity commissioned research, which revealed that 37% of agents and landlords did not fix exposed wiring when it was reported, 35% failed to sort out damp, condensation or flooding around the electrics, and 30% ignored issues with scorching around sockets and light fittings when they were reported.

Other electrical hazards that were not fixed when reported include: continuous tripping of the fuse box (26%), broken sockets or light switches (24%), and broken, damaged or overheating appliances that were supplied with the property (23%).

Electrical Safety First’s Emma Apter, comments: “These figures are unacceptable. Students should not have to compromise on safety.”1

The study was conducted in June by the National Union of Students on behalf of the charity, with 1,161 student respondents.

Electrical Safety First is calling for compulsory electrical safety checks every five years in private rental accommodation and visual inspections between tenancies.

The Residential Landlords Association (RLA) believes that the report highlights a lack of enforcement by local authorities.

David Smith, Policy Director at the RLA, states: “The dangers highlighted are already illegal.

“Rather than more regulations, the research again shows the importance of councils enforcing the wide range of powers they already have to tackle sub-standard accommodation.

“The sad reality is that many are too stretched to do so, leaving a minority of tenants vulnerable to sometimes unsafe accommodation.”1 

1 http://www.propertyindustryeye.com/agents-that-put-student-tenants-at-risk-by-not-fixing-hazards/

Student landlords leave tenants at huge risk

Published On: August 6, 2015 at 9:11 am

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Categories: Landlord News

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Concerning new research suggests that landlords and letting agents of student accommodation are consistently putting their tenants’ health and wellbeing at risk by neglecting electrical issues.

A report from Electrical Safety First has indicated that an alarming number of landlords put tenants’ lives at risk by not fixing serious safety hazards. The firm suggests that landlord negligence is leaving inhabitants open to electric shocks, fires and electrocution.

Dangers

Data from the report shows that 37% of landlords and letting agents did not fix exposed wiring once it was reported to them. 35% did not tend to damp issues, condensation or flooding near electrics, with 30% leaving issues around sockets and light fittings unfixed.[1]

Emma Apter, head of communications at Electrical Safety First, said, ‘these figures are unacceptable. Students should not have to compromise on safety, but these worrying figures suggest that poor landlord practice is putting lives at risk.’[1]

The research highlighted the case of Matthew, a student from Oxford, who shortly after moving into a rental property was alarmed to discover exposed wiring next to a wall socket in the bedroom. On reporting the issue, Matthew was disgusted to find that the letting agent was unwilling to take immediate action.

‘I couldn’t believe how negligent letting agents could be when it came to this kind of thing,’ he said. ‘It took me many conversations over several days to convince the agent to get it fixed.’[1]

Student landlords leave tenants at huge risk

Student landlords leave tenants at huge risk

Life-threatening

‘Cases like Matthew’s emphasise the unnecessary and dangerous situations that students are being exposed to by landlord and letting agent negligence,’ said Apter. ‘Nobody should have their life put at risk because a landlord refuses to make a repair.’[1]

She went on to suggest that there are, ‘cultural stereotypes surrounding student accommodation, but our message to students is this: you do not have to accept living in substandard or dangerous accommodation. Inform your landlord or letting agent straight away if any hazards arise and if they fail to act then your local authority is there to assist.’[1]

Shelly Asquith, National Union of Students welfare officer, said, ‘students should be able to focus on studying and enjoying their educational experience instead of worrying about whether turning on a light switch or plugging in a toaster could kill them.’[1]

‘This prioritising of profit over safety is just another example of how students across the country are being taken for a ride by greedy housing providers,’ she added.[1]

[1] https://www.landlordtoday.co.uk/breaking-news/2015/8/landlords-leave-students-at-risk

 

Scottish Government Receives Petition Requesting Rent Controls

The Scottish Government has received a petition requesting rent controls.

The petition was organised by the Living Rent Campaign and has 8,000 signatures. It also demands an end to no fault evictions.

The Scottish Government has already confirmed that it will abolish no fault evictions. It is currently consulting on whether to introduce rent controls in certain areas.

The Living Rent Campaign’s Jon Black says: “The thousands of signatures on this petition are a clear sign we need controls on sky-high rents and guarantees that people won’t be kicked out of their home for no good reason.

Scottish Government Receives Petition Requesting Rent Controls

Scottish Government Receives Petition Requesting Rent Controls

“Housing is a basic human need, and we have to make sure everyone has access to a safe, secure and affordable home.

“We have been told heart-rending stories from tenants who have been made homeless by rent increases they can’t afford, people who have been evicted after asking for repairs, and families struggling to find appropriate accommodation within their budget.

“The sorry state of the private rented sector is damaging people’s lives.

“Almost every other country in Europe already has rent controls and strong regulation to protect tenants’ rights. We’re calling on the Scottish Government to join them in ensuring that no one is left without a roof over their heads.”1

Additionally, a Scottish MP has called for rent controls.

Motherwell and Wishaw MSP, John Pentland, voiced his concerns after Your Move data revealed that the average rent in his Lanarkshire constituency hit a new high of £570.

The national average in Scotland is just under £550.

The figures for Lanarkshire also show an annual rise of 4.6%, the highest of any region in Scotland.

Pentland notes: “These new figures show landlords making more whilst more tenants struggle; the SNP Government cannot continue to turn a blind eye to rent reform.

“The 8,000 private renters in North Lanarkshire deserve better than that.

“We need to reform the private rental sector to make it work for everyone, rather than simply act as a cash cow for landlords.

“I back Scottish Labour plans to ban rip-off rent rises.”1 

1 http://www.propertyindustryeye.com/scottish-government-handed-petition-demanding-rent-controls/

Ministry of Defence Introduces Rental Deposit Scheme

Published On: August 5, 2015 at 4:53 pm

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Categories: Landlord News

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Ministry of Defence Introduces Rental Deposit Scheme

Ministry of Defence Introduces Rental Deposit Scheme

The Ministry of Defence (MoD) has introduced a new scheme that allows defence personnel to apply for a loan to cover the cost of a deposit for a rental home.

The MoD said that it understands the cost of moving within the private rental sector can be high, as deposits can be too expensive for some people.

The loan is limited to the cost of the deposit and must be repaid from a person’s salary within a year.

The Tenancy Deposit Loan scheme is available to military and civil service defence staff.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Mortgage rates up ahead of interest rate rise

Published On: August 5, 2015 at 3:59 pm

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Categories: Finance News

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As a result of Bank of England indications that interest rates are set to be elevated, possibly from the beginning of 2016, a number of lenders have already begun to increase their mortgage rates.

Rises

An investigation by comparison website MoneySuperMarket indicates that since Bank of England Governor Mark Carney’s remarks on potential rate rises, a number of previously desirable mortgage deals have become less inviting.

First Direct for example offered a 1.49% rate on its two-year deals at the beginning of 2015, but their best rate now stands at 1.69%.[1]

With this said, data from the report suggests that there are still a number of great mortgage rates available. Additionally, 65% LTV mortgages were found to be typically cheaper than 60% LTV mortgages.[1]

Value

At present, the average 60% LTV rate for fixed, discount and variable mortgages is 2.23%, with the average 65% LTV rate at 2.08%.[1]

Mortgage rates up ahead of interest rate rise

Mortgage rates up ahead of interest rate rise

Dan Plant, consumer expert at MoneySupermarket feels that it is, ‘prime time for those looking for a mortgage as there are still some great deals on the market even if it’s a bit bizarre that you can currently get a cheaper deal with a smaller deposit.’[1]

‘However, the recent rate rise speculation is starting to make providers cautious, and this is being reflected in their offers. We know choosing a mortgage can be confusing but if people can do it now, they avoid the risk of rates rising over the next few months,’ he continued.[1]

Plant also said that, ‘many lenders allow mortgage holders to reserve rates available now for up to six months for a small fee, so even those who still have some time left on their current deal can benefit.’ Concluding, he warned that, ‘as always, prospective buyers need to think about the long term and work out the total cost of the mortgage, including both rates and fees, before committing to deal.’[1]

[1] http://www.propertywire.com/news/europe/uk-mortgage-interest-rates-2015080510826.html