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Merry Christmas from Mistoria Estate Agents!

The term is coming to a close. It’s time to finish off half-written coursework, pack up your dirty laundry and travel home for the Christmas holidays – at last!

To those currently living in a Mistoria student house, we hope you’ve had a pleasant first term and are enjoying your stay in our property.  Make sure everything is locked up while you’re away, and be sure to check out our tips for keeping your student house safe over the Christmas holiday.  We look forward to seeing you again after your much deserved break!

We’d also like to extend a big thank you to those who have recently put down a deposit for a student house with us for the next academic year – have a happy new year and we’ll see you in 2014.  If you’re still looking for next year’s digs, why not check out our available properties and give us a call on 0800 500 3015 – we’d love to have you with us next Christmas!

On behalf of everyone at Mistoria Estate Agents, we wish you a very Merry Christmas and a Happy New Year – eat, drink and be merry! See you next year.

student house

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Regulation of Letting Agents

Landlords and tenants are to be better protected by rogue letting agents under new government legislation.

A recent amendment to the Enterprise and Regulatory Reform Bill has introduced the regulation of letting agents. Until now letting agents have not been legally required to be a member of an ombudsman scheme, despite the huge sums of money the industry handles each year.

It’s thought prior to this new legislation up to 40 per cent of letting agents did not sign-up to self regulation.

This made the situation difficult when things went wrong.  Tenants and landlords now have the chance to get money they are owed back from rogue agents without resorting to the courts.

Mistoria Estate Agents welcomes tighter regulation, we believe until now many agents have been able to operate with impunity as consumers have had no way of addressing the actions of unscrupulous or negligent agents.

Lady Hayter, the Labour peer who has led the campaign for lettings regulation comments,

“While this is definitely a step in the right direction, I think it’s a shame that the government stopped short of introducing full regulation of the lettings industry.”

Ian Potter, managing director of the Association of Residential Lettings Agents says,

“The government’s amendment to the Enterprise and Regulatory Reform Bill marks a positive move for the private rented sector and in particular, for consumers, who only stand to benefit from a formal system of redress. However it is vital that the Government begins the process of consultation quickly, taking on board the views of the sector and moves to introduce secondary legislation as soon as possible.”

It’s hoped this new legislation will come into effect by the autumn, following a consultation with both industry and consumer groups.

If you have a property you would like us to manage for you, please get in touch. Call us on 0161 707 6106. We look forward to hearing from you.