Calling all landlords: FREE SEMINAR
The fastest growing, letting and selling estate agent in Chester, changing-home.co.uk, is holding a free seminar for landlords on March 8. The seminar will be analysing the impact of the new Tenant Deposit Scheme which is set to come into force on April 6 and will affect thousands of landlords, letting agents and tenants in and around Chester. Expert David d’Orton Gibson will present the seminar that aims to prepare landlords for the implications of the new legislation and to pre-register for the event please pop into changing-home’s Lower Bridge Street offices or call 01244 345664.
The new Tenant Deposit Scheme has been designed to protect tenants from unscrupulous practice concerning the holding and return of deposits. The legislation, which is part of the Housing Act 2004 and stems from the office of Deputy Prime Minister John Prescott, is currently going through Parliament and will apply to all assured short-hold tenancies that begin on or after the implementation date, as well as to all tenancies renewed after that date.
Staff at changing-home are being fully trained by experts on the implications of the Tenant Deposit Scheme, which aims to provide security for deposits and speedy dispute resolution in those cases where agreement cannot be reached between landlord and tenant at the end of the tenancy.
Zoe Serafimova, changing-home lettings partner, said:
“We are really looking forward to this seminar and know that David will impart some invaluable information. The new Scheme requires more than 30 pieces of information that agents must give to tenants regarding deposits and David will be analysing these. Landlords will no longer be able to hold tenant deposits. They will have to pay the deposit into a Government controlled custodial scheme or pay a premium to participate in an insured deposit scheme themselves or through their letting agent. Failure to do so will result in the landlord being fined and the deposit returned to the tenant. David will also be offering practical advice as to which of the government approved schemes is best for you.”
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Notes to Editors:
Photos available by visiting changing-home.co.uk’s press office at www.marketingprojects.co.uk
Changing-home.co.uk was founded in 2002 by Julie Stanley and Jeremy Jordan with a updated and exciting approach to buying and selling property; local and professional knowledge with the latest technology – backed up by the personal touch.
- Regular communication guaranteed - Comprehensive database of potential buyers available - Extensive promotional newspaper advertising at no extra charge - Buyers have 24-hour access to properties for sale and buying support via the latest IT technology - Virtual tours/ Floor plans for each property - Personal service and advice - In-house conveyancing expertise, advice & support - In-house, independent mortgage advice with no obligation - Platinum, Gold or Silver Service levels and pricing, also a “changing-home DIY Home Sale” - House Coach and Garden Services -Account management Changing-home can also identify investment opportunities in selected foreign locations, especially Spain and Bulgaria and help with professional mortgage advice for this.
Jeremy Jordan A Chester local, Jeremy spent 15 years as a partner and conveyancing solicitor in a Chester legal firm before teaming up with Julie to set up changing-home.co.uk. He knows the local property market inside out. Julie Stanley Another native of Chester, Julie was national sales director for a computer giant and mother of two when she moved house four times in as many years! It was then she decided there was a better way to buy and sell houses and joined Jeremy as a founding partner of changing-home.co.uk. She brings her expert customer focus and IT knowledge to the team. Tim Wasdell Tim has many years’ experience working as an estate agent in both Chester and the South of England. A qualified surveyor and independent mortgage advisor, Tim brings a wealth of property and financial experience to the organisation. TESTIMONIALS
“Thankyou very much for all of your work relating to our house move. We always felt that we were kept aware of all the relevant issues and we were especially grateful that you could find us a new buyer when the original one pulled out. It was a very stressful time, but it was made easier by the knowledge that you were working hard on our behalf. We would not hesitate to recommend changing-home to anyone seeking to move house in this area.” Matt and Sally Young, Hope, Flintshire
Client Mr & Mrs B were having problems selling their home – the market was slow and they wanted to move quickly. “�changing-home were excellent – they were proactive in a slow market and then when we thought we had a sale, it fell at the last hurdle – but changing-home helped us through it and quickly re-marketed our house. Not only that, but they told us to stick to our price – which we got – when we were considering dropping it. They kept us fully informed throughout and we will definitely use them next time we come to move�” Mike Hearn, a senior consultant for a finance company, said:
“There were massive time restraints with our move and changing-home got us an extremely good price and sold our property as soon as possible. The whole moving process was made stress free for us which was marvellous. Jeremy Jordan has been a conveyancing solicitor for a long time, so he knows every angle, having dealt with banks and other solicitors. This was a unique selling point. Changing-home ticked all the boxes. I would recommend them to everyone if you want to sell fast and get a good price and I would definitely use changing-home again. They gave me an unbelievable service and I recommend them for their speed and efficiency. They were always there when you need them. I could not have been happier with changing-home.” For more information on the Tenant Deposit Scheme visit www.tenantdepositscheme.co.uk MORI conducted a face-to-face survey of the general public, aged 15+, between 26th February and 2nd March 2004. The MORI findings were consistent with Government figures showing that one in five private tenants have problems with deposits being unreasonably withheld at the end of a tenancy. There are 2.2 million private tenants, 70 per cent of whom have paid a deposit averaging £510.
The tenancy process begins with the tenant paying the deposit to the lettings agent. It is held intact until the checkout of the property is complete and a proposal for the settlement has been agreed with both the landlord and the tenant. If agreement is reached, the agent will distribute the money, but if there is disagreement the dispute will be sent to the Tenancy Deposit Scheme for Regulated Agents (TDSRA) for adjudication.
TDSRA is run by the Dispute Service, which charges member firms an annual subscription, equivalent to £6 per office per week. The agent collects this money and pays the TDRSA on an annual basis. Adjudications are free to both tenants and landlords. Press contact: Jane Harrad-Roberts Mobile: 07785 395705 Marketing Projects PR Tel: 01244 330000 Web: www.marketingprojects.co.uk
Contact: Zoe Serafimova Tel: 01244 345664 Web: www.changing-home.co.uk 64 Lower Bridge Street, Chester, Cheshire CH1 1RU
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