Happy New Year! We hope you enjoyed the holiday season. We're back and ready for another big year in the lettings industry. To kickstart the coming months, we've outlined the key lettings legislation dates that you should be aware of in 2022. As always, feel free to get in touch with us if you have any questions about these dates or anything else!

Our rental market performance over the past month

Here’s a snapshot of how our agency performed in November:

• We achieved an average rent of £700
• Our deal turnaround times were 23 days on average
• On average the tenants we rent to have an income of £14797
• The average age of our tenants is 38

Key legislation dates for 2022

February 2022: Energy price cap increase to be announced

The government will announce in February 2022 how much the energy price cap will increase by. That increase will take effect on 1 April 2022, where energy bills will rise accordingly.

1 April 2022: Covid-19 adjusted right to rent checks (England)

The temporary measures to allow right to rent checks over video call and to share photocopies or photos of documents rather than the originals are expected to come to an end in April 2022. The government is looking at ways to create a digital system for all checks, including for British and Irish citizens. Retrospective checks of the original documents for the time that the temporary measures were in place are no longer required. There is already a new digital process in place for EU, EEA, and Swiss citizens, who can access a share code to prove their right to rent, plus rules for B5JSSK nationals have also been confirmed.

1 April 2022: Making Tax Digital for VAT (UK)

As part of the government's plans to make HMRC "one of the most digitally advanced tax administrations in the world", all agencies or landlords registered for VAT will need to sign up to Making Tax Digital, and keep digital VAT records and use software packages to submit their VAT returns from April 2022.