Page 446 – Property118

Government protections for renters over duration of national restrictions

9th November 2020

Renters will be protected during the national restrictions, with no bailiff enforcement action. Measures, including the pause on evictions starting in December, mean evictions will not be enforced until the 11 January 2021 at the earliest, supporting individuals and families who have found themselves in financial difficulty through no fault of their own. The only […]

Lodger belongings being collected one trinket at a time?

9th November 2020

Hello, My lodger left the room alone after only 7 days of living in it. She looked like a normal person, but turned out to be very malicious and aggressive.  She left home on October 4th and from that day on hasn’t lived here any more. However, she left all her belongings in the room […]

Water damage from baby sock?

9th November 2020

Due to a tenant’s baby sock being stuck in the filter, the washing machine didn’t empty, and the kitchen got flooded which also caused water damage to the flat below. The tenant denies responsibility saying where in the AST does it say he is responsible for cleaning the washing machine filter? Or adding salt to […]

Refund of SDLT on Derelict property

6th November 2020

Hello, I purchased a property last year from my local council which had a covenant stating that the house had to be brought back into a habitable condition within 12 months. I had heard that if the property was not bought in a habitable condition and I had evidence to show its disrepair that SDLT […]

Is Covid-19 really affecting HA’s capacity rates?

6th November 2020

Just had a HA/charity give me notice on a house used by them to accommodate up to 6 single people in separate rooms with shared facilities. (The house is in Birmingham which has always had a need for single person housing) The reason is, they are suggesting, is down to Covid-19 and them not being […]

Rent in advance and DWP first payment – overlap!

6th November 2020

The Local Council agreed to pay an incoming tenant Rent in Advance (RIA) to get her into the property asap. The DWP direct rent payments have now been established, but there is an overlap. The Council paid rent 21 Aug – 20 Sept. Having spoken to the DWP today (as never receive any notification as […]

Fair Rents (Scotland) Bill or Artificial state manipulation of free market rent?

6th November 2020

Recently I received an email from East Ayrshire Council in Scotland regarding a proposed ‘Fair Rents (Scotland) Bill’ which is proposing to allow a ‘rent officer’ to fix rent for private lets and allows him/her to link it to the Consumer Price Index. It also suggests that rent can not be raised over 1% above […]

Halifax thinks house prices will face a headwind

6th November 2020

The Halifax House Price Index for October has just been released with a monthly increase of 0.3% and quarterly figures (August to October) a substantial 4.0% higher than in the preceding three months (May to July). House prices in October were 7.5% higher than in the same month a year earlier reflecting the stimulus of […]

2nd online super-show a resounding success

6th November 2020

We are delighted to announce our second online super-show on November 3rd was a resounding success. We delivered over 1200 minutes of highly focused and informative content: 50+ exhibitors and 40+ expert seminars made for a packed agenda of must-see events. This was reflected in the registrations, which were excellent, and we counted over 2000 […]

Welcome back Wales

6th November 2020

The Welsh property market is to resumes from Monday, 9 November. Since 23 October, people in Wales have not been allowed to view properties, unless it was virtually, and they were not permitted to visit a high street estate agent with offices required to close. While England has gone into national lockdown with stricter restrictions […]

Valuable Webinar for Benefit of Universal Credit Landlords this Wednesday

5th November 2020

Any Landlords out there who are struggling with Universal Credit UC, or any tenants who’s Landlord may be evicting them getting no rent in, because UC make it impossible for Landlord to talk to them, please pass this to Landlords. It may just save your home. As Universal Credit & Neil Couling Direct don’t seem […]

No enforcement of Possession Orders except for the most serious cases

5th November 2020

In a letter to the High Court Enforcement Officers Association the Justice Secretary, Robert Buckland, has confirmed that during the lockdown there will be no enforcement of Possession Orders except for the most serious cases during the second national lockdown. These will include those related to illegal trespassing and squatting and tenants engaged in anti-social […]

I am a 40% taxpayer and my partner 0%

5th November 2020

Hi, I am looking to buy a BTL property with my partner (not married), and intend to have 50/50 ownership of the property. I am a 40% taxpayer and my partner 0%. To be tax efficient we want the rental income to be in my partner’s name. My question – can this be done? And […]

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

QE increased by £150 billion and Bank Base Rate held at 0.1%

5th November 2020

The Bank of England Monetary Policy Committee (MPC) has voted unanimously to maintain Bank Base Rate at 0.1% and to increase the stock of purchased UK government bonds by an additional £150 billion, financed by the issuance of central bank reserves (Quantitative Easing), to take the total to £875 billion. This cautious stimulus package was […]

Any conveyancer accepting electronic signatures?

4th November 2020

Does anyone know of a 21st century conveyancer who will accept electronic signatures & ID? We have an inter-family sale agreed but one member of the family lives aboard which is delaying the process as it takes 4 weeks for post to arrive, and sometimes it doesn’t arrive at all! I’ve tried our last conveyancer […]

Retiree and ‘Mature’ renters fastest growing tenant segment of PRS

4th November 2020

Retiree renters and those in upper-middle age category are the fastest growing tenant groups in the private rented sector (PRS), analysis from Paragon Bank has found.  Paragon’s new report ‘The Growth of Later Life Tenants’, released today, showed that the number of English households in the 55-64 year old age category in the PRS with […]

Research into sustainability at lowest end of the Private Rented Sector

3rd November 2020

Property118 is no stranger to assisting the Univerisity of York with research into the UK Private Rented sector “PRS”. In 2014 Property118 members’ contributed significantly to this 183 page report. Dr Julie Rugg and Dr Alison Wallace, both research professors at the University of York, are now seeking your help again. Just in case you’re wondering; […]

Tenants are a nightmare for allowing workman in – EICR?

3rd November 2020

From April 2021 I will need to get an Electrical Condition Report -as the rules have changed and this is needed for existing tenants. The problem I have is that my tenants are a nightmare for allowing workman into the property. Previously, the EICR was done (or at least obtained) by the tenant’s brother, but […]

Live in Landlord – Job offer abroad?

3rd November 2020

Hi everyone. This is probably going to sound silly even as I write it but here goes. I’m a live in landlord who has been offered a job abroad for a few months. Accepting this job would mean me having to get a residency permit in that country for the duration of my stay (thanks […]

Let’s create more first-time buyers by making private tenants homeless!

3rd November 2020

The recent policy announced by Boris Johnson that he will turn ‘generation rent’ into ‘generation buy’ by under-writing mortgage deposits for first-time buyers (FTBs) is outrageous and a non-starter for reasons I have outlined today on conservativehome. Click here  Due to word limits, I couldn’t expand on all the reasons this will get nowhere, so […]

Holiday let, an annex and a narrowboat

2nd November 2020

I have a cottage in south York, with the potential to create a small annex with a separate entrance. I plan to live on my narrowboat most of the year, but with me occasionally staying in the annex, perhaps one night a week. Meanwhile, the 2-bed cottage will be a holiday let. The ‘annex’ will […]