Adam Cox is joined by Steven Hiltermann – UK General Manger at room and roommate finder, Badi. Together they discuss the pros and cons of renting, and how finding your ideal flatmates could be the answer to the ever-increasing demand for living space in big cities across the globe.
The mortgage price war claimed a high profile victim this week as Tesco Bank scrapped lending. Tesco Bank will continue with its other products, but why has it ditched mortgages, why have a string of other smaller players shut their doors in recent months, and why did building society behemoth Nationwide issue its own caution on home loans this week? On this week’s podcast, Simon Lambert, Sarah Davidson and Georgie Frost dive into what is currently a weird world of mortgages: where a greater supply of money to lend than demand to borrow it means there are some very cheap deals on offer. Also on this week’s show, the team look at a reader’s problem with a neighbour upstairs, who has stripped the floor back to floorboards and is creating noise issues, despite a lease that says there must be carpets. How do you enforce that? Thomas Cook’s troubles and what they mean for holidaymakers are under the spotlight too. And finally, ever wondered why sometimes drivers get a ticket but at others escape with just a warning, or what really drives police officers mad behind the wheel?
This is Money in partnership with NS&I, with Georgie Frost, Assistant editor Lee Boyce and reporter George Nixon. In this week's episode, the team brings us some good news for victims of bank fraud, for renters chucked out for no good reason and savers struggling to save. However, Amazon shoppers, London house sellers and procrastinators haven't been so lucky themselves. Stay tune for the latest, breaking money news.
The inventory and return of the deposit are key aspects of being able to end a tenancy well – but what if the tenant is in arrears or has breached the contract? How can tenants get redress if their landlords don’t comply with regulations? And what of the softer sides of ending the tenant landlord relationship…. how can staying on good terms help to oil the wheels over those inevitable bumps in the road? Richard Blanco is joined by inventories expert from No Letting Go, Lisa Williamson, Head of Dispute Resolution from My Deposits, Suzy Hershman and Al McClenahan, Director of Justice4Tenants.
Adam is joined by US based private investigator Tammy Sorrento who is the founder of Fireball Approves. Tammy was nearly scammed out of thousands when looking for a holiday rental property. Her near miss lead her to go after the property scammers. Tammy explains that fraudsters go on rental sites and duplicate the advert and aim to take the money for a property that they don’t own. The victims are then lefts thousands out of pocket and may never see their money again. Tammy explains that UK based holiday makers are particularly at risk as they aren’t able to physically view the property. She also gives a few tips of the red flags that could expose a fraud and how to avoid them.
Inside Property is back for the new year! And with a raft of regulatory changes planned for Letting Agents in 2019, who will benefit and who will be losing out? From April, Letting Agents must have a dedicated bank account and insurance for clients’ money; and tenants’ fees will be banned from June 2019. What is morale like amongst Letting Agents, and how will the sector change in the coming years? And as a result of these changes, will the real victory be with the consumer? Host Richard Blanco is joined by David Cox, CEO of Arla Propertymark; Fiona Exley from London Trading Standards; and Business Transfer Agent, Adam Walker.
How would you feel about compulsory three year tenancies? Would they provide essential security of tenure for families or pose too big a risk for landlords? The government has appointed the third housing minister this year. What will Kit Malthouse bring to the table and how confident are you that housing really is a priority for ministers? Will the Bank of England end nearly a decade of ultra low interest rates and increase them this August? And we discuss a new initiative to help student landlords support tenants with mental health issues. Richard Blanco is joined by Chris Norris, Director of Policy & Practice at The National Landlords Association and and Carol Lewis, Deputy Editor of Property and Personal Finance at The Times.
Adam Cox is joined by Calum Brannan, tech start-up entrepreneur and CEO of “No Agent”: a new app designed specifically for landlords. They discuss frustrations that Buy-to-Let landlords have with working with letting agents, and how “No Agent” can make a difference. Calum explains his experience of letting agents as inefficient and overpriced, and how he intends to disrupt the old-fashioned market in the same way that Uber transformed the taxi industry.
Under this directive, from 25th May 2018, tenants will have the right to sue landlords for misuse of data. The NLA’s Chris Norris and Marlon Fox from Outlook Property talk to Richard Blanco about what landlords and agents need to do to comply. They discuss Ellie Flynn’s BBC Three documentary Rent For Sex (watch here) which exposes so-called landlords offering free rooms for sexual favours. A parliamentary select committee has proposed that landlords’ properties could be confiscated should they commit certain housing offences. And Tory party conference promises to fully regulate letting agents have now precipitated proposals for a legally enforceable code of practice, compulsory membership of a trade body, and a new regulator. Could this sound the death knell for ropey agents? Inside Property is produced in collaboration with the National Landlords Association.