Tenants' worries about deposit returns show just how much we need an alternative like flatfair

Almost one in five (18%) of tenants in the private rented sector say they’ve had to wait more than three months to get their tenancy deposit back, according to a survey by mortgage lender Nationwide. While the average waiting time was nearly two months, 4% of respondents said they’d experienced a delay of more than six months in getting their deposit back. This is despite guidance from the Tenant Deposit Scheme (TDS), one of the largest in the UK that ringfences or insures tenants’ deposits, saying that a landlord or letting agent should return a tenancy deposit within 10 calendar days of a tenant’s request. ...

Introducing Ben Yexley: flatfair’s new Partnerships Manager

We’re delighted to welcome Ben Yexley to the flatfair team as our newest Partnerships Manager. He’ll be teaming up with Adam Ali to help spread the word about flatfair, and how we can make life easier for tenants, landlords and agents. Ben joins the team with a wealth of knowledge across the property industry, having previously worked for The Guild of Property Professionals (under GPEA Ltd). For the past year, he worked as a regional manager for 140 branches across East Anglia; prior to this, he was Team Leader of the Account Management team in Mayfair. ...

flatfair to host group induction session for Century 21 franchisees

On Tuesday 16th October, Adam Ali and Ben Yexley, flatfair’s Partnerships Managers, will host a company wide, group induction session for Century 21 franchisees and staff at flatfair’s London Bridge offices. The induction session will welcome franchisees from across the UK to introduce them to flatfair and get their Century 21 branches up and running – covering everything from tenant and property criteria to setting up and managing flatbonds on the flatfair platform. ...

Rapid fall in UK rental properties means rents set to rise, making flatfair’s mission more timely than ever

Figures released in a report this month show that the number properties available to rent in the private rented sector in the UK is plummeting, and quickly – especially in greater London. As a result of this fall, rents could rise more sharply, and more rapidly, than previously predicted. The number of homes available to rent in the London area that have been on the market for up to 20 weeks fell by a significant 24% over the last year, from 52,388 in August 2017 to 39,746 this August according to Home. ...

Century 21 London franchisee meeting welcomes flatfair

Adam Ali, flatfair’s Partnerships Manager, was proud to present our deposit alternative at the Century 21 London franchisee meeting at Lancaster Gate on Tuesday 11th September. Century 21 Real Estate is one of the largest residential estate agency organisations in the world, with has over 8,000 independently owned and operated franchise brokers across 80 countries and territories. The Century 21 London meeting was attended by franchisees from across London and the Home Counties, representing around 50 per cent of the franchise’s UK network. ...