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Alternative Property Services
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Average rents have risen for 10 months in a row according to the Royal Institution of Chartered Surveyors - and there's every sign that it will continue into 2016.

The insitution says on average rents across England and Wales will rise by around 3.0 per cent next year as there remains no likelihood of supply meeting demand.
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London landlords are opposed to rent controls and many would sell up if they were forced to cut or cap their rents, according to a report commissioned by the London Assembly.
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The TDS (The Dispute Service) reports that cleaning is the source of disagreement in 58 per cent of cases they adjudicate on and was therefore the most common reason for disputes during 2014/2015. It was far ahead of rent arrears disputes which was just 10 per cent.
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The Health & Safety Executive states that some consultants and letting agents are using the revised L8 ACOP to suggest that new legislation has been imposed on landlords of domestic rented properties in relation to assessing and controlling the risks of exposure to Legionella bacteria of their tenants. This is wrong, the legislation has not been changed and any misinterpretation/misunderstanding can impose unnecessary financial burdens on landlords where they are being charged for legionella testing and certificates they don’t actually need.
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As of today, it will be compulsory for landlords or agents acting on their behalf to have fitted smoke alarms on every floor of their property where there is a room used wholly or partly as living accommodation; they will also be required to put a carbon monoxide alarm in any room where solid fuel is burnt.
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A report states that rents are rising faster for three bedroom homes than for any other property type.

They show a rise of 4.6 per cent in the year to August compared to an average rise of 3.3 per cent for all homes.
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The average void period has dipped below 2.6 weeks per year according to a survey of the private rental sector by specialist lender Paragon Mortgages.

This is the first time it has fallen below an average of 2.6 weeks since 2002.

Meanwhile yields have grown very slightly in the past three months from 6.3 per cent to 6.4 per cent.

Looking ahead, the majority of landlords surveyed by Paragon say tenant demand is stable but a hefty 40 per cent say demand is growing or even booming.
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The Council for Mortgage Lenders is warning the government not to interfere with the Buy To Let sector in such a way that it leads to "cumulative, unintended and damaging consequences."

In a lengthy and detailed research document the CML says that over the last 15 year Buy To Let has made an important contribution to the expansion of the private rented sector and "helping to reverse many decades of decline."
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Landlords in England who commit housing offences must face tougher punishments, including jail sentences, the Local Government Association (LGA) has said.
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Alternative Property Services go live with DocuSign the digital Transaction management platform that manages every aspect of every transaction from preparing and sending Tenancy Agreements, to signing and managing them. With DocuSign, there's no more need to visit our office for Tenancy renewals as it can all be done digitally in a secure, legal, visible way with a complete audit trail.
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