Is there a rent emergency due to ever increasing rents and serious lack of available accommodation? Charities in Greater Manchester have declared a Private Rent Emergency due to these and other issues.
Other problems such as a lack of security and poor conditions can leave families feeling vulnerable and, due to the lack of stock, don’t feel they can complain to the landlord for fear of eviction.
Landlords are required to ensure all tenants have the Right to Rent in the UK and to check immigration status.
The Government guide on gov.uk states’ All landlords in England have a
responsibility to prevent those without lawful immigration status from
accessing the private rented sector. You do this by conducting right to
rent checks on all prospective adult tenants before the start date of a
tenancy agreement, to make sure the person is not disqualified from
renting a property by reason of their immigration status.
Are you concerned about renting a room and fear of fraud, scam or other issues?
Whilst the majority of Landlords registered with us are genuine and trustworthy, we always advise caution when searching for a room, arranging viewings and of course making your first payments. We do check all registrations and adverts but in some cases, it is very difficult to spot certain issues.
Interest rates continue to rise in the UK with a further increase of 0.25% on 3 August 2023 taking the rate to 5.25%. This will have a greater impact on home owners and landlords alike who are have mortgaged properties and are not in a fixed term or coming close to the end of the fixed term.
Renting a room in your own home is a great way to earn additional income and in many cases, it is tax free with the governments Rent a Room Scheme. This scheme allows you to rent one room in your own home tax free on income up to £7,500.00 per year. As long as you don't exceed this amount there is no need to declare it to HMRC./search/