Page 444 – Property118

The Home Insurer Wins National Award

20th November 2020

Official Property118 insurance partner, The Home Insurer, is delighted to announce it has won the 2020 UK Customer Service Excellence Award for Best Customer Retention and Loyalty. The award was open to the UK insurance industry and focussed on evidence of customer care initiatives that positively influence the customer journey and encouraged retention and repeat […]

Price check your existing portfolio insurance costs and save money

20th November 2020

If you are a landlord that owns more than one property then now is the time to price check your existing insurance costs and see if you can save money. Property 118’s Insurance offering has recently benefited from a new underwriter coming on to its panel and offering superb prices and policies for portfolio landlords. […]

HMRC Stamp Duty receipts rise 27% over the last quarter!

20th November 2020

HMRC’s Q3 2020 SDLT receipts shows Stamp Duty income rose 27% over the last quarter, increasing to £1.9bn in Q3 2020, up from £1.5bn in Q2 20201 The Number of property transactions liable for Stamp Duty jumps 68% over the last quarter, rising to 250,500 Q3 2020, up from 149,000 in Q2 20201 The Classic […]

Success for landlord against bully-boy council

20th November 2020

A client Of Landlord Licensing & Defence who has lived in abject terror for months due to bullying and ridiculous Local Council action had a successful outcome at Court! Terrified by Council Enforcement; a client who had been summoned to court by an overly aggressive North West council for housing offences got a fantastic result. […]

DIY Housing Association?

20th November 2020

As everyone knows there is a never-ending amount of pain heaped upon the private individual landlord with unnecessary and expensive regulations and taxes upon taxes. Whilst we sit here wondering where it is going to end, we look at our opposite numbers providing the same services in the council and housing associations largely exempt from […]

Illusion of fact?

20th November 2020

Can anybody define the precise meaning of these two words: Revised Payment & Capitalisation? I know the answer, but judges don’t and interestingly the Banks know it? I fought a case of wrongful repossession and lost. It was based on “we’re my arrears capitalised” the judge said your payments were Revised. I note now through […]

Transferred residential to our sons?

20th November 2020

I and my brother have in Aug 2020 transferred our residential house we live in to our sons who all live with us in the same house. (Essentially we have gifted it to them to plan for inheritance) After reading the gov.uk site, I was advised that as Myself and my brother still live in […]

Westminster Council launches HMO licensing consultation

19th November 2020

The proposed Additional Licensing Scheme for HMOs will focus on the 9000+ properties in the City of Westminster where private renters live in multi-occupant homes including flat shares, bedsits, and buildings converted into flats. The scheme billed as part of the council’s wider ‘private rented sector strategy’, will seek to increase the local authority’s ability […]

Sadiq Khan launches Property Licence Checker for tenants

19th November 2020

The Mayor of London, Sadiq Khan has launched a new online tool to search if a landlord has licensed a rental property and announcing tenants could be owed thousands of pounds in rent repayments if their landlord has failed to obtain the correct licence. If a landlord does not hold the correct property licence, they […]

Top 8 most common new build snagging issues

19th November 2020

Snag solving expert, HouseScan has revealed which are the top eight most common snags found when it comes to new build homes in the UK. They’ve revealed just which are the most common defects being found across new build inspections and the potential cost of rectifying these issues. Blocked Guttering Generally caused due to poor […]

Even Martin Lewis money saving champion of the UK is having a go at landlords!

18th November 2020

I realise there might be the occasional rogue Landlord caught with this, but I would imagine there will be plenty of decent Landlords about to be clobbered because they have fallen foul of some minor licensing detail. More ammunition for the rogue tenants of this world as the council has their back and our taxes […]

Commercial property – EPC clarity required?

18th November 2020

I have commercial premises currently let to a tenant, and they use it as a dance school. Current lease comes to an end in December (we purchased the property with her as a sitting tenant and this original lease has an end date of Dec 2020), but we have no hesitation in leasing it again […]

Requirement for repeat Right to Rent checks needs to be abandoned

18th November 2020

ARLA Propertymark have written an open letter to Kevin Foster, Minister for Future Borders and Immigration, warning him that their agents and landlords will struggle when restrictions are lifted to repeat Right to Rent checks in person that were carried out remotely during the lockdown period. The Government has issued guidance that Right to Rent […]

Excellent tenant wants a 20% rent reduction?

17th November 2020

I have an excellent tenant who pays £1500 every month. With 2 months left on the contract, I asked for his intention on renewal. He said he would renew, but only at £1200 per month. I said I would do some research and let him know. Two letting agents say ‘no’ as houses are renting […]

Social Housing reforms to speed up complaints procedure for residents

17th November 2020

Major reforms to support housing tenants in England and ensure social landlords raise standards where needed have been announced by the Housing Secretary Robert Jenrick. The social housing white paper ‘The Charter for Social Housing Residents’, sets out reforms that will speed up the complaints procedure for residents by improving access to the Housing Ombudsman, […]

House prices to benefit with government plan for new National Parks

17th November 2020

New analysis from Nationwide Building Society suggests that the Government’s plan to create new national parks in England is likely to provide a boost to house prices in those areas of the country. According to the Society’s research of house prices in and around existing national parks, living in one attracts a 20% house price […]

Government plan rewards rent dodgers

17th November 2020

New regulations will mean tenants can build almost 18 months of rent arrears without any sanction. The rules say that until 11th January 2021, possession orders by the courts related to rent arrears can only be enforced where the arrears amount to nine months or more of rent built before 23rd March. Anything built since […]

Substantial rent arrears cases are now exempt from eviction ban

17th November 2020

From today (17 November 2020), possession cases with severe rent arrears will be exempt from the ban on evictions, meaning bailiffs and High Court Enforcement Officers can move to enforce warrants and complete evictions. However, this will only apply to cases where the equivalent of nine months’ rent arrears had accrued prior to the 23rd […]

Council told tenants to wait for court eviction?

16th November 2020

“You don’t have to leave the property when the notice period expires. You still have a legal right to occupy the property after this date and until your landlord obtains a possession order from the court. If you haven’t found alternative accommodation by the time your notice period expires, we would try to negotiate for […]

Unfair Garage Rent Payment?

16th November 2020

I own a flat which has two leases. One for the flat itself, which is broadly fair and one for a garage, which is unfair and has to be taken on when the property is purchased and stays with the flat lease. The Lessees have to pay an annual rent to the Freeholder. This is […]

How on earth are landlords expected to carry on with no safeguards?

Safeguarding of rental income?

16th November 2020

With the increase in tenants defaulting on their monthly rent payments and us landlords possibly having to wait 6 months before starting court proceedings, what are other landlords doing to safeguard themselves?. My tenant has indicated that he is moving out around the end of the year, other than requesting 3 months pay and bank […]