Page 377 – Property118

The Council has no workers?

6th May 2022

My neighbour is a council tenant and is not the best neighbour it is possible to have. Her children have made the fence fall down and that has taken my tenant’s privacy. The fence belongs to the council and as such declined me from putting it back up as it is considered as council’s land. […]

NTSELAT deem Price on Application unlawful

6th May 2022

The National Trading Standards Estate and Letting Agency Team (NTSELAT) has released its opinion, with the collaboration of the Competition and Markets Authority (CMA), on the use by agents of the term price on application (POA) in property listings. The settled decision was that this contravenes consumer protection legislation. This opinion was requested to provide […]

Build to Rent – A good idea or not?

6th May 2022

I am wondering what subscribers think about the new trend of large build to rent developments. I can see the attraction to young people, with communal hubs, IT suites and on-site coffee shops etc. It means that if their own home is the size of a box they can go and hang out in other […]

Deposit friendly decorating ideas?

6th May 2022

The number of people in the UK renting their homes is at a 13 year high and, as a result, the amount of people looking for temporary and reversible interior decorations online has increased by 200% over the last 12 months. Fortunately, there are many ways to decorate without breaking the bank, losing the deposit, […]

Bank of England emblem symbolising decision to hold the Base Rate at 5%

Bank Base rate kicking us when we’re down

5th May 2022

The Monetary Policy Committee have voted by a majority of 6-3 to increase Bank Rate by a quarter-point to a full 1% with 12 month CPI inflation rising to 7.0% in March, around 1% higher than expected in the February Report. This is despite the vast majority of inflationary pressure coming from external global costs […]

Government fuelling rental demand and supply crisis

5th May 2022

The NRLA is warning that government efforts to dampen investment in rental housing are fuelling a supply crisis, hiking rents and making homeownership more difficult to afford. All at the same time data shows demand for rental property is at a record high. Since 2015 the Government has embarked on a deliberate effort to reduce […]

Non-Permitted occupier in second bedroom?

5th May 2022

Having recently let a two-bedroom flat to a young couple through my local letting agent, the tenants have recently moved in another person to the second bedroom. My letting agent says this new person, who would not pass their vetting procedure and was moved in without my knowledge or consent, needs to be on the […]

How long are courts taking to send notices?

4th May 2022

Hi everyone, I have recently been to court and got an order for a tenant who is in arrears with over £15000 of rental payments. The tenant was given until the 27th of April by the court to move out. However, he is still there and we can not instruct the bailiffs as the court […]

iHowz call on Government to release MEES requirements

4th May 2022

It is nearly 17 months since the Government’s consultation on improving the energy performance of privately rented homes closed. On Friday, 29 April 2022, iHowz landlord association wrote to Kwasi Kwateng, the Secretary of State for Business, Energy and Industrial Strategy (BEIS), to push for the publication of the findings of the EPC consultation together […]

NRLA open letter answering unbalanced Shelter press release

3rd May 2022

The NRLA has sent an open letter to the Chief Executive of Shelter, Polly Neate CBE, looking to redress the imbalance of the latest Shelter press release: Dear Polly, I write following the publication of Shelter’s research: “Every seven minutes a private renter is served a no-fault eviction notice despite a government promise to scrap […]

BTL Insurance refusals after fire damage claim?

2nd May 2022

Does anyone have the same issues with insurers as I have? My insurance company has refused to renew my policy and every broker I have contacted since then comes back with the same reply – The Underwriters are unable to cover me. The problem is a result of a fire in my property in October […]

School fees funding from unencumbered equity?

2nd May 2022

I own four Buy to Let flats outright/unencumbered. I also have 4 grandchildren all due to attend private schools with correspondingly costly term fees. My question is: What is the best way to use my accumulated equity, but not cash wealth to support the parents with the school fees? Should I consider – Equity release, […]

BTL and Solar panels – Are there easy tax answers?

2nd May 2022

Is there a simple answer to the question? If I put solar panels on a residential BTL property as a sole trader, in Scotland. 1) Can I offset the cost as an expense in the current year. 2) Is it just Capital offset at the point of sale. I understand there may be, or seem […]

Shared Freehold – Inadvertently took on the company director role?

2nd May 2022

Hello, I have inherited my fathers semi detached house that forms part of a four block. There is two blocks and they all own the freehold shared eight ways. However, they all have individual leases, the lease on our now inherited house has a 936 years left on the lease. My father was the company […]

Joint Freeholders – Now I feel totally let down?

2nd May 2022

I recently purchased my share (one third) of the freehold in a block of three flats together with the other two flat owners. We jointly purchased it through a limited company in which we have one equal share each. Since this has happened I have voluntarily been doing all the administrative work for the company […]

Fair rent detemination?

29th April 2022

I have a tenant who’s been on Housing benefits since April 2005. The council have stated that his claim and the eligible rent used in the calculation is decided with regard to October Deregulated tenancies and any rent increase must be referred to the Rent Officer (HB regulations 2006 regulation 13). The Council have stated […]

What Section 8 Notice improvements are soon to be required?

28th April 2022

Section 8 Notices seem to lack substance currently, with mandatory and discretionary grounds for possession. With the likelihood of Section 21 Notices becoming a thing of the past, what measures would you put in place to make Section 8 Notices more robust? This is extremely important given that this could potentially provide one of very […]

Changes to the PRS in Wales – How it could apply to England?

28th April 2022

The new Renting Homes (Wales) Act has been published. I am wondering what people feel about the changes to Section 21 and if they feel that would be a compromise if it were implemented in England? >> https://gov.wales/housing-law-changing-renting-homes I have copied a small part of it below: Renting Homes (Wales) Act – Changes to evictions […]