Page 427 – Property118

Shelter – Private renters are twice as likely to feel depressed

17th March 2021

Research by Shelter indicates 14% of adults in England are more worried about becoming homeless due to the pandemic. Eleanor Wilson, a Shelter helpline adviser recruited in response to the pandemic, said:“People are frightened, they’re scared they might do the wrong thing, they don’t know their rights, and they’re really worried they will lose their […]

Stolen white goods and furniture?

17th March 2021

The Tenant deposit protection scheme has turned down my claim for what the tenants have acknowledged being a missing brand-new fridge freezer and sofa. They reported it to the police as stolen. The DPS has suggested I take legal advice. Does anybody know whether or not I can claim against the guarantors in the County […]

Upper Tribunal Decision underlines end of Magic Money Tree for Rogue Tenants

17th March 2021

In a landmark decision, the Upper Tribunal (Lands) has confirmed that the judgement of the First Tier Tribunal that “Rent Arrears must be accounted for BEFORE rent is eligible to be reclaimed under a Rent Repayment Order (RRO).” This Judgement of the First-Tier Tribunal (in a case defended by Des Taylor of Landlord Licensing & Defence), […]

Selling a company with real estate portfolio?

17th March 2021

I’m a small incorporated landlord with a portfolio of 40 individual real estate units, namely garages. I am now considering liquidation of the company with an obvious route being selling the garages on an auction as individual lots. Having a naturally inquisitive mind I’m trying to invent other options of achieving the same result. I’m […]

Tackle the curse of late payments but not for landlords?

17th March 2021

Liz Barclay, A former BBC broadcaster, has been selected to lead a government campaign to tackle late payments to small businesses. Barclay told the Times “We need a real culture change around business payments. People who have already delivered goods and services have to be able to turn their attention to their next client and […]

Are local authorities suppose to charge for giving Notices now?

17th March 2021

I am unfortunate to be given 2 Notices of improvement and a Prohibition notice because an enforcement officer decided to hand-deliver an Inspection Notice to my residential home. Incidentally, we were under self-isolation for none symptomatic covid -19. The officer staked in his car until he saw my wife come out to put the rubbish […]

Stamp Duty on Form 17 split?

17th March 2021

Quick query about stamp duty. My wife and I own 4 properties 50/50 as tenants in common. We have a partnership (not an LLP) i.e. our self-assessments show income from partnership to declare this property income. We want to keep the ownerships as 50/50 but want to split the partnership to 80/20 so take advantage […]

The state of the Landlord Insurance market – March 2021

16th March 2021

The past year has been tough on most due to COVID, however, Landlords can take heart from a very healthy insurance market that continues to compete for their let buildings and contents insurance. The cost of landlord insurance depends largely on the insurer that you speak with. Axis, Channel, Accelerant, Ocaso and Arkel are all […]

How to find Shops & Tops for commercial to residential conversion

16th March 2021

I take a stroll down the high street and share what to look for when searching for retail property to convert to residential use under Permitted Development Rights. Watch this video to find out for yourself, and join us this Sunday for a FREE live 90-minute masterclass where you can learn more on the subject! […]

Greatest excess of demand over supply in the last ten years

15th March 2021

The latest Rightmove House Price Index shows the Greatest excess of demand over supply over the past ten years, pushing up the average price of property coming to market by 0.8% (+£2,484) this month. The Number of potential buyers enquiring about each available property on Rightmove in the month is at a record 34% higher […]

Communal “garden grab”?

15th March 2021

Like many leaseholders up and down the land, the development I live in has a few parking issues (albeit manageable ones). These are caused by leaseholders owning more than X vehicles (contrary to the terms of the lease), and is a bit more of an issue currently due to the increase in people working from […]

I’ve found a property in the town centre which is ideal but?

15th March 2021

I’m looking to buy a commercial property for my wife’s business in our local town, and I’ve found a property in the town centre which is ideal. The commercial property is listed as freehold, however, there’s a flat above the shop which already has a leasehold in place, with someone else according to the seller. […]

HMO in private residence?

15th March 2021

I’m a little confused about the legal side of HMO at your own home or private residence. My home is a bungalow. In early 2016 I completed a loft conversion which gave me two bedrooms(one en-suite) a bathroom and a small box room upstairs. The intention was for my partner’s son and family to live […]

I did not realise even insurers held us in such contempt?

12th March 2021

I just applied for Home Insurance with Hiscox, I was declined because I am a Landlord! I made it clear it was for my home only, but it made no difference. I did not realise even insurers held us in such contempt. Has anyone else had this, why are we seen as such low life? […]

Why UK Property Prices Will Rise in 2021

12th March 2021

I correctly predicted last year, that there would be no housing market crash in 2021. In this update, I consider some key announcements from the Budget and state why I feel property prices will rise in 2021 and beyond. Watch this video to find out why and what you need to do now to benefit. […]

Can I complete replacement electrical work as a landlord?

12th March 2021

I have a general query and sorry if this is an obvious one. Are landlords allowed to undertake basic electrical changes ie swap a pendant, swap a cracked socket or faulty socket? I have been asked to undertake a few accreditation inspections and all is fine, but they have requested that I provide double sockets […]

Oxford pushing through revenue generating licensing scheme

11th March 2021

Labour-controlled Oxford council says it’s confident a huge new Revenue Generating licensing scheme for one of Britain’s most high-profile cities will be voted through today, but it admits there’s a big clash of opinions between landlords and agents on the one hand, and the council and other respondents to a consultation exercise. Oxford council will this […]

March in March with TDS for ‘Refuge’

11th March 2021

The TDS is “raising money and awareness for the domestic violence charity, Refuge. The aim is to highlight the wonderful work of the charity but also to raise awareness of the abuse that happens in homes throughout the UK every day.” Click Here It must, by implication, be spending some money (and time is money […]

Management Company has got involved with the EICR?

11th March 2021

Hi Everyone, Last May I engaged an electrician to investigate a fault in my tenanted London flat. After many visits and tests, it became clear to him that there were problems with the old wiring systems, beginning outside the flat in the courtyard where the electricity supply enters the whole building. Naturally, he was unable […]

The Law Society logo representing its call for more funding to prevent tenant evictions.

Law Society gives eviction ban extension guarded welcome

11th March 2021

News the government is set to extend the ban on the enforcement of evictions today received a guarded welcome from the Law Society of England and Wales. Law Society president David Greene said: “We welcome the news that some tenants who are struggling and would otherwise be facing eviction will be able to stay in […]

Government remains unwilling to tackle rent debt crisis

11th March 2021

Responding to an announcement from the Government this afternoon that current regulations restricting repossessions will be extended until the 31st May and then begin to taper off, Ben Beadle, Chief Executive of the National Residential Landlords Association said: “We welcome clarification that emergency measures in the rental market will be phased out in tandem with […]