Page 400 – Property118

Letting to a company who won’t vacate?

1st April 2022

Hi, We own an apartment which has been rented to a Portuguese company for four years, with no problems. The company’s business is in arranging accommodation for its clients. However, the lease period expired on 25th March 2022, and we gave them notice to quit two months prior to that in accordance with the lease […]

Ftashare tenants most worried about rental increases during cost of living crisis

1st April 2022

New data from SpareRoom reveals 96% of renters are concerned about the rising cost of living with the cost of rent (86%), increasing energy bills (84%) and the price of a weekly shop (68%) tenants’ main concerns Homeowners are also concerned, with 95% saying they’re worried about living costs rising. Key concerns are energy bills […]

Finding it hard to find property deals?

1st April 2022

Do you want to become a more successful property investor? If yes, then you need to get really good at finding great deals in your area.  It is the number one skill you need to learn. Most people search online, go to estate agents, or attend property auctions looking for potential property deals. Whilst there […]

Unfreeze the Local Housing Allowance to cover average rent

1st April 2022

Over half of private tenants relying on Universal Credit to pay their rent have a shortfall between the amount they receive and what they pay for their housing. It comes a year after the Government froze housing benefit rates. Official data suggests that 56% of private renters relying on Universal Credit have an average gap […]

Detached property prices have performed best through the pandemic

31st March 2022

The latest Nationwide House Price Index shows UK house price growth surged to its highest level since 2004. Annual house price growth in March increased to 14.3%, from 12.6% in February with Wales remaining the strongest performing region and London the weakest. Detached properties have increased by nearly £68,000 since the start of the pandemic, […]

The National Landlord Register is coming

31st March 2022

As mentioned in the Levelling Up White paper the Department for Levelling Up, Housing and Communities has released a job advert for the role of Policy Advisor – National Landlord Register. Click here The summary of the job states: The Leasehold and Private Rented Sector Directorate is leading on an ambitious reform programme at the […]

Government grants for corporate landlords to install EV charge points

30th March 2022

The government scheme for EV chargepoint grants gives financial support to buy and install electric vehicle (EV) chargepoints at residential or commercial properties in the UK: Click here for the full details. The grant amount is per chargepoint socket installed and provides up to 75% of the cost towards the purchase and installation of a […]

TONIGHT: Struggling to find property deals?

30th March 2022

Live online TONIGHT (Thursday 31st May) at 8pm! Brand new training all about how you can find better property deals in your area. If you are struggling to find great deals, or don’t know what to look for, or just want to find even better deals, then you really need to join this live training […]

Ministry of Housing, Communities & Local Government

Failing Social Housing providers to be named and shamed

29th March 2022

The government will “name and shame” failing social housing providers as part of major reforms to give residents a stronger voice and drive up standards. This means social landlords providing sub-standard housing and services would be publicly called out on the government’s website and across social media channels. Measures announced also include a Resident Panel […]

Don’t leave damp discussions until the end of the tenancy

29th March 2022

The Deposit Protection Service (The DPS) is warning tenants and landlords to avoid leaving discussions about damp and mould to the end of the tenancies. It is urging tenants and landlords to talk openly throughout the tenancy and take a common-sense approach to the subject instead of broaching it at the end and risk falling […]

Challenge for the PRS is how to adapt to accommodate more mature tenants

29th March 2022

Homes headed by a person over the age of 45 will account for at least half of all privately renting households by 2035, analysis conducted on behalf of Paragon Bank has found. A report by the Social Market Foundation (SMF), Where next for the private rented sector?, found that 35% of households currently private renting […]

Changing Places toilets

28th March 2022

Thousands of severely disabled people who need specialised facilities when they are out and about will benefit from over 500 new Changing Places toilets in England. The Chancellor confirmed in his Spring Statement over £23.5 million has been allocated to 191 councils across England to install life-enhancing Changing Places toilets in public places and tourist […]

Law of unintended consequences emanating from Holyrood

28th March 2022

Some of the more onerous restrictions which were imposed on landlords in Scotland in the first dark days of the pandemic are about to be rescinded at the end of the month, and it might be assumed that this would be a good thing for the private rental sector. But will it? Or will the […]

Rip-off 999 year lease ground rent review clause/Role of expert surveyor?

28th March 2022

I’d be extremely grateful for the benefit of your expertise regarding: (a) the interpretation/enforceability of what is either a poorly or craftily worded ground rent review clause in a 999-year lease on a flat (b) the remit of the expert surveyor in dispute resolution (eg can they simply ignore the formula in the lease for […]

Guarantor’s point of responsibility?

28th March 2022

One of our tenants is 2 months in arrears and we have served the appropriate notices. However, there is a guarantor in place for this tenant. My question is at what point can we look to the guarantor to cover the rental payment arrears? Do we however have to wait until we have a Court […]

Tenancy in one persons name only?

28th March 2022

I’ve had a couple of tenancy applications recently each involving a couple where they’ve requested the tenancy be taken out in one of their names only. It transpires that in each case, the person they want to leave off the tenancy has poor credit history which explains a lot. The other applicant on each respective […]

The No1. property investor skill you need

28th March 2022

If you want to become a more successful property investor, you need to get really good at finding great deals in your investing area.  This is the most important skill you need to learn. Most people search online, go to estate agents, or attend property auctions looking for potential property deals. Whilst there is nothing […]

The EPC Maze?

25th March 2022

The EPC on a top floor flat has recently been downgraded from an F to a G with a score of just 19! The three suggestions for improving that score are : 1. Increase loft insulation to 270 mm at a cost of £100 to £350 (Score 24 i.e. F) 2. Internal or external wall […]

9% reduction in rough sleeping according to government stats

24th March 2022

The annual rough sleeping statistics, published 24 February 2022, show that rates have fallen for a fourth year in a row with a 9% reduction in rough sleeping compared to last year. Numbers have fallen in every region of England, taking levels to an 8-year low overall. The number of people in emergency accommodation has […]