Finding a flat to rent in England can be tough. The stress only compounds when things don’t go as planned. When I lived in London, I got caught out when my landlord insisted on “renegotiating” the tenancy terms after I had paid a holding deposit (a troublingly common practice in the market).
Here are twelve things tenants can do to protect their rights, which helped me succeed in my legal claim against my landlord.Read more
Ask anyone who’s renting, everyone’s got a story to share. Whether it’s good, bad or just plain ugly; every renter has had their own experience with a landlord or a letting agent that can give us insight into what can be expected as a potential tenant of theirs.
Now, while it can be fun to wax lyrical about rental horror stories, we wanted to figure out how this exchange of experiences could be harnessed to the benefit of generation rent - so we created Marks out of Tenancy.
A few years ago my brother David was the victim of a rental scam. It was this experience that led us to research the scale of the problem and start to think about ways to raise awareness and maybe even prevent this kind of fraud from happening in the first place.
We realised there is a compromise when seeking a rental today: either go through a letting agent which may charge excessive fees, or use a listings site where there's a chance of being scammed. It wasn't difficult to find fake listings on websites. Renters told us they were daunted by paying out thousands to a landlord (who is a stranger) but did so as they had little choice.Read more
Thomas Karcher runs Kagoo.co.uk
With sky-high rents squeezing tenant’s budgets, bills are yet another unwelcome expense. However, it is possible to significantly reduce your electricity bill by following our Top 10 electricity saving tips.
1. Check your electricity tariff
As a tenant you are free to switch electricity suppliers without requiring permission from the landlord. Compare tariffs, duel fuel discounts and payment options to ensure you get the best deal.
Please note some agents try and tie tenants into energy deals with a preferred provider. Generation Rent would like to hear if you have been affected by this.Read more
Michael Green is the founder of CaseHub.
Over the past six months, I have been working with some of the country’s leading barristers to put together a lawsuit that proves how most letting fees in England and Wales are unlawful.
The good news is that they agree.
We now need to take that case to court. The good news is that if it wins, renters will be entitled to get their letting fees back, and in future some of them might be stopped entirely.Read more
Eric Walker is Managing Director of Northwood UK and tweets at @justericwalker
We in the property industry have more common ground with the likes of Generation Rent and Shelter than many would think. Professional agents do an immense job and provide a valuable service to help protect consumers from the small minority of rogue agents. MPs call for regulation every day, yet the only group which can change the law is in fact the politicians who refuse to do so.
This Government wants agents to regulate themselves. Their reason is in no small part due to the horrors which would be uncovered if agents were forced to regulate. Clients' money should be held in a ‘ring-fenced’ client account, but while this may protect money from creditors, it is not ring-fenced from the agent. If their business is struggling, there is little point in seeking bank assistance and as such, clients' money is a very tempting resource.
The coalition always seem very keen to look at what’s happening in Sweden and see what we could all learn from how they operate. Free schools, equality and healthcare are all models that have been viewed by jealous eyes in Westminster of how to do the right thing affordably. David Cameron himself is a close friend of the Swedish prime minister Fredrik Reinfeldt.
The one model that has never been mentioned in the UK politics debate is the Swedish housing model.
I have lived here in Sweden for three years now and I have discussed housing & renting with many Swedes whose eyebrows rise when I explain to them how the UK private rental sector works and the sums of cash involved.
I also have experienced first hand how housing works here and there are some startling rules that govern both buying and renting homes, I’m not certain if it’s a deliberate ploy to keep prices in check or simply just the “Swedish” way.Read more