Page 398 – Property118

RICS compensation claim guidence for loss of light

20th April 2022

Homeowners left in the shadows by neighbouring sheds, fences and home extensions could claim for compensation or have them removed – help for these homeowners is set out in a new consumer guide published by the RICS. Click here to download the guide. With a mini-boom in new home extensions following the pandemic, (Savills found […]

Tips to make a property more cost efficient

20th April 2022

Uk searches for “energy saving tips” have seen a 175% increase in the past 12 months, and after global gas prices resulted in an energy price cap rise of 54%, GTSE has revealed seven ways to help make properties more efficient. Maximise heat from radiators: It’s worth ensuring you’re maximising the work radiators are doing […]

Install of EV Charger – Tenant or landlord cost?

20th April 2022

With the increase of electric and hybrid cars replacing both petrol and diesel vehicles, it is only a matter of time before tenants will start to ask landlords to install wall mounted home chargers on their properties. So, whose responsibility is it to pay for the installation of these devices? Tenants will argue that home […]

elegraph logo used in rebuttal to article on landlord tax structures

Shortage of rental properties so extreme tenants are refusing to leave?

19th April 2022

Hi, my name is Melissa Lawford and I am the property correspondent at The Telegraph. I have heard from some lettings agents that the shortage of rental properties is so extreme that in some cases tenants are refusing to leave properties because they have nowhere to move to. I’m keen to talk to landlords who […]

Do you need help selling your property portfolio?

19th April 2022

If we’ve learnt anything over the last few months, it’s that now is the time to sell our property portfolios. The market is high, prices may not be this high again for another 7 years, and there are regulations and tax bills around the corner telling us: we need to cash in and get out. […]

Jumping through hoops – Repeal of Section21?

19th April 2022

The repeal of Section 21 is a game-changer and I`d like to know how other landlords are planning to deal with it. I`m not talking about the reasons for evicting a tenant which are in the current Section 8, but situations such as retirement, a wish to leave the problems behind, realising the equity etc […]

Listed property EPCs – possible exemption?

19th April 2022

Listed property EPCs – Whilst having a Listed property is not an automatic “get out of jail free card” it seems to be a rather complex matter as to whether or not a specific Listed property will be exempted. Even on government sites, it is far from clear, with various suggestions for what might be […]

Purchase of mixed use Freehold and Leasehold titles?

19th April 2022

Hi, I’m in the process of purchasing a mixed-use commercial premises. It consists of a leasehold 3 bed maisonette. The Freehold title includes a barbershop below. The vendors are a father (freeholder) and a son (leaseholder). Their solicitor is asking to split the transfer deed to divide the purchase price between the leasehold and freehold […]

Supreme Court rejects gas safety certificate appeal request

14th April 2022

The tenants in the Recarrell v Rouncefield case, who lost their appeal at the High Court, have now had their bid to have the case heard at the Supreme Court declined on the basis that it was not a point of general public importance. The case won by the landlord was a landmark decision confirming […]

Housing market supply still short despite spring boost

14th April 2022

The latest RICS Residential Market Survey reports the number of new homes listed for sale has risen for the first time in twelve months with the start of spring, this despite ongoing caution over the rising cost of living and higher interest rates. In March, +8% of respondents reported a rise in the volume of […]

EPC and Economy 7 Immersion Heaters?

14th April 2022

Can anyone advise how to heat water for an all-electric flat to comply with a reasonable EPC rating? The previous EPC stated ‘Hot Water- Electric Immersion, off peak – Average. But recommended an insulation blanket on an already insulated tank. The blanket was added & the ‘Hot Water’ part of the assessment went to ‘Very […]

Do I have to provide a cooker and hob?

14th April 2022

Hi everyone, I let all my properties on an unfurnished basis. However, someone has now told me that I am required to always provide at least an electric cooker and hob? Is this correct? Is there legislation to confirm this and would it be a requirement by a local authority? Many thanks DSR

Carpets and Redecoration to increase sale value – Capital or revenue cost?

14th April 2022

Last year I had 2 properties vacated and decided to sell them both. I have owned both for around 16 years and they have been tenanted during that time To improve the resell value, I had both redecorated and new carpets throughout Normally I would put both the redecorating and replacement carpets as a revenue […]

£5 billion agreement with major developers to fund building safety repairs

13th April 2022

The Department for Levelling Up, Housing and Communities and Michael Gove have revealed an agreement that will see industry contribute £5 billion to address the building safety scandal. Michael Gove has agreed a solution with the housing industry that will see developers commit a minimum of £2 billion to fix their own buildings. Industry will […]

Helping your tenants to pay the rent

13th April 2022

Would an extra £10,000 per year help your tenants pay their rent? If any private landlords still have (or accept) tenants in receipt of welfare benefits, or on low incomes, it is in your interest to ensure that your tenants are receiving the maximum benefits that they are entitled to. Why? so they: Have more […]

Agents insisting on their own AST?

13th April 2022

Do you have to use an Agents own AST for a tenant find service? For a tenant find service it is normal to reference the applicant you select and prepare the tenancy, arrange signing, collect deposit and lodge with the DPS as well as serving all compliance documentation. I have used a very good agent […]

Non-compliant fire doors and further fire safety issues?

13th April 2022

Having had a Fire Risk Assessment a few months ago, it seems the first since the building was completed (a conversion of an office block), we now find that apart from the usual rubbish fire stopping, possible cladding issues we are also facing a huge bill for non-compliant fire doors. Some doors have been made […]

House of Commons Committee report – Regulation of private renting

13th April 2022

The House of Commons Committee have today 13th April 2022 released their report investigating the regulation of the Private Rental Sector (PRS). This includes recommendations to the government that they have two months to respond to. Click here for the summary and to download the full report. The summary concludes that: “The sector is failing […]

We agree with Committee’s concerns about postcode lottery tackling criminal landlords

13th April 2022

Responding to the publication today of the Public Accounts Committee’s report on the regulation of the private rented sector, Ben Beadle, Chief Executive of the National Residential Landlords Association, who provided oral evidence, said: “Today’s report rightly makes the case for a comprehensive, data-driven strategy for the private rented sector. Too often reforms have been […]

Article 4s Blocked PD Window of Opportunity

12th April 2022

A Window of opportunity now exists for property developers in areas with expiring Article 4 restrictions? The Housing Minister, The Rt Hon Stuart Andrew MP, has asked a number of London Boroughs to revise their article 4 applications rejecting blanket Article 4 applications across Boroughs. Royal Kensington and Chelsea believed as a small council they […]

Homes for Ukraine sponsors will not lose council tax discounts

12th April 2022

Households who become sponsors through the Homes for Ukraine scheme will not lose their council tax discounts thanks to legislation coming into force, Minister for Refugees Lord Harrington has confirmed , 11 April 2022. Regulations will protect sponsors’ council tax discounts for single persons and limit the impact on council tax payments for those sponsoring […]