flatfair gears up for the 2018 RESI Convention

With less than a week to go, the flatfair team are really excited to be attending this year’s upcoming RESI Convention, the UK’s premier residential conference and networking event. flatfair co-founders Franz Doerr and Daniel Jeczmien will be joined by Adam Ali, Partnership Manager, at the convention from 12th–14th September at Celtic Manor, Newport, Wales. The RESI Conference Programme 2018 has three key themes: debate, diversity and delivery. As well as learning more about the latest market intelligence and policy insights, the flatfair team will be attending a series of debates, meeting and engaging with the most influential figures in the UK residential market. ...

Adam Ali, flatfair Partnership Manager, to present at NALS seminars

This year, the National Approved Letting Scheme (NALS) will be hosting two seminars, featuring presentations by Adam Ali, flatfair’s Partnership Manager, alongside Richard Tacagni of London Property Licensing. From October 1 this year, the legal requirements surrounding mandatory HMO (House in Multiple Occupation) licensing are changing. This means that this license will apply to all ‘house shares’, where a property is being rented out by at least three people who are not from one ‘household’ (eg a family) but who share facilities like the bathroom and kitchen. ...

New pricing structure makes flatfair available to even more tenants

flatfair, the safe, simple and affordable alternative to tenancy deposits, has updated its property criteria, which means that the minimum rent for flatfair properties is now just £25 per week, or £108 per month. This new pricing structure means that even more landlords can let their properties deposit-free with flatfair, and tenants will have a wider choice of homes to rent without needing to pay a hefty deposit up front. Ordinarily, the price of flatfair membership (also known as a ‘flatbond’) for tenants stands at one week’s rent plus VAT, split evenly across the household. ...

International students and professionals can now rent deposit-free with flatfair

The flatfair team are delighted to announce that international students and professionals without any credit history are also now eligible to rent deposit-free on the platform. In a bid to open up the opportunities for deposit-free renting to a greater proportion of tenants in the UK, flatfair now accepts students and professionals from all over the world who don’t have any credit history, or are unable to provide a creditworthy UK-based guarantor. ...

Redefining the rules of renting

LSL Property Services have published the results of their 2018 Tenant Survey. The results make for interesting reading. In their report, LSL outline some exciting new trends in the way that renting is changing. Measuring their findings against a principle they have named ‘Redefining the rules of renting’, the researchers explain that, “this research advocates challenging age old perceptions of the rental landscape and what tenants can expect to include or budget for. ...

New tenancies push half of renters into debt

Renting is now so expensive that it’s pushing two in five renters into debt if they want to start a new tenancy, recent research has found. According to consumer group Which?, a staggering 43 percent of new tenants have needed to take out a loan, use their credit card or even borrow money from family and friends to fund their deposit. At the same time, the “double deposit bind” (where tenants have to find cash for their new deposit before having their previous deposit returned) has pushed 31 percent into debt, leaving them stressed and financially stretched. ...