The Energy Company Obligation (ECO), is a government energy efficiency scheme for households in the UK. In April last year the fourth iteration of the scheme started and will run until 2026. The objective of ECO4 is to improve the energy efficiency of housing stock occupied by low income and vulnerable households. The problem a […]Read more
It has been hailed as the biggest shakeup of the rented sector for 30 years, and there’s no doubt that the government’s latest white paper, ‘A Fairer Private Rented Sector’, will do just that. But how will it affect letting agents? The answer is that it will have a tremendous impact on letting agents as […]Read more
Additional licensing is a form of discretionary property licensing applied only to a house in multiple occupation (HMO). Like other forms of property licensing, additional licensing was introduced as part of the 2004 Housing Act to improve the safety, management and quality of Private Rented Sector (PRS) properties. It is an increasingly popular tool used […]Read more
Left scratching your head over property licensing? You’re not alone. It is a notoriously complicated field that leaves many property managers looking for support. There are three types of licensing to become familiar with: mandatory, additional, and selective. The best way to make sense of the changing regulations and better understand licensing requirements is to […]Read more
Selling a business is never easy, and often means running the process to attract and negotiate with a buyer whilst still running the company to ensure it maintains it’s value. One threat to letting agency valuations is the rise of regulation and enforcement weakening buyer confidence and raising the question of unidentified risks in the […]Read more
Tenant referencing was one the first parts of the lettings customer journey to move online. Developments in KYC and customer data made the process faster, simpler and more cost effective than ever before. This was a big advantage for landlords who benefited from a low cost, high value service. Yet it has become increasingly competitive over […]Read more
It is no secret that the letting agent market can be extremely competitive, as agents face enormous pressure to continually compete against their rivals on the same high street and online. As a result of this, it’s not uncommon for agents to struggle to build growth within their business. Many agents reach a bump in […]Read more
Running a lettings agency comes with an immense amount of pressure to keep up with competitors and requires a significant amount of your time and effort. One of the best ways to help you cope with such a demanding industry is to make use of the wide range of PropTech products and services available! PropTech […]Read more
The Kamma team met with David Cox to discuss the record growth in lettings, an equally steep rise in regulation, and how agents can use this to their advantage: helping their landlords to navigate complexity, demonstrating expertise and winning more instructions. Watch the video to find out more…Read more
There is more to getting in on the build to rent boom than just converting buildings into flats Earlier this year Lloyds Banking Group, John Lewis and Boots all announced plans to enter the Private Rented Sector (PRS), with the plan to build an initial 11,000 new homes between them. The movement of major corporate entities […]Read more
In the recent open letter to the Housing Secretary, there are only two clauses that matter… Earlier this month 51 organisations, including the Lettings Industry Council and the Institute of Residential Property Management, wrote an open letter to Robert Jenrick, the Secretary of State for Housing, Communities and Local Government, calling for widespread adoption of […]Read more
On Saturday 31 October, a day infamous for scary surprises, the whole nation found themselves once again reeling from Prime Minister Boris Johnson’s announcement of a second full nationwide lockdown beginning on Thursday 5 November. Not so much a scary surprise, as a frightful inevitability – the prospect of Lockdown 2.0 still left many businesses […]Read more
The outbreak of the Coronavirus is having wide-reaching implications for the private rented sector. Businesses, landlords and local councils have been forced to adapt in order to protect public health during this pandemic. Most notably, we have seen a number of local authorities across the country make changes to their introduction or enforcement of HMO […]Read more
Yesterday the Chancellor of the Exchequer delivered his first Budget to the House of Commons after being in the job for just four weeks. Originally scheduled for November, but postponed due to the general election, this Budget arrives at a uniquely challenging time for the country and our economy. Amidst the outbreak of coronavirus, Rishi […]Read more
The PRS is undergoing significant change in particular for HMOs, for the better protection of tenants. There are 4.7 million households in England living in the PRS. The sector has undergone rapid growth over the last ten years and It represents 20 per cent of all households in England. HMOs form a vital part of […]Read more
On the 24th of February Kamma hosted a webinar for mortgage lenders and housing providers covering topic including: Watch the video to find out more…Read more
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