Page 470 – Property118

Funding for frontline charities providing support to rough sleepers

10th June 2020

Homelessness Minister Luke Hall has announced charities supporting vulnerable rough sleepers will be able to continue their vital work, backed by £6 million of government funding. A total of 132 charities across England will have access to the funding meaning they can continue to support those experiencing homelessness during coronavirus and beyond. This includes providing […]

Still working on the new claim form N5B – give me strength?

10th June 2020

Okay so we are working through the new extended claim form for possession of property (tenant wants to be evicted…… so she can get her council house). Doing very well, but stumped at Question 14 which appears initially to be a very simple question: Has the claimant given the defendant, and to anyone who paid […]

Tenant withholding rent due to boiler problems

10th June 2020

I have a tenant who has decided to withhold her rent for each day the hot water has been off. Is she being reasonable or am I right to be miffed? I have had a few problems with my boiler lately, but also pay for a gold service plan with the manufacturer. Unfortunately they usually […]

tenancy agreement form, Property 118

Contract signed but tenant did not move in?

10th June 2020

Hello, I had a property ready for rent and the contract had been signed with party moving in. However, after almost 2 weeks the other party pulled out and said they were no longer able to move in due to change in job circumstances. I now have lost the two weeks rent plus I am […]

What Planet Are They On?

9th June 2020

If it wasn’t enough that we are now expected to provide housing services for free for very lengthy periods – due to the eviction ban – where tenants decide not to pay the rent, the left are also trying to get rent arrears cancelled and even rent-free housing. I don’t know what planet they are […]

Even more worrying requests by the Select Committee

9th June 2020

At the beginning of May we responded to a Call for Evidence to an Inquiry by MHCLG. Our ‘evidence’ and criticism of the governments treatment of the PRS in general and more specifically during the Suspension of Possession proceedings was brutal. The First interim report by MHCLG ‘Protecting rough sleepers and renters’ was published on  […]

Adding partner to a Tenancy Agreement?

8th June 2020

Do I have to issue a completely new Tenancy Agreement (TA) if the only thing that is changing is adding a tenant’s partner to the contract? The initial TA was set up and agreed – a single mum and two kids. I knew the father of the kids visited on and off, but when I […]

Early signs of BTL mortgage market recovery

8th June 2020

Moneyfacts UK Mortgage Trends Treasury Report data, not yet published, reveals that there are glimmers of hope emerging for the Buy to Lat mortgage market, following the significant initial impact of the Coronavirus pandemic. In welcome news to many landlords, the choice in products has increased, and some higher loan-to-value (LTV) average rates have reduced. […]

Can Deeds of Grant of Estate Rentcharge be amended?

8th June 2020

I would like to ask whether a signed and witnessed completed Deeds of Grant of Estate Rent, can be changed at a later date by the Residents Association? I am a freeholder on a mixed tenancy development and as the grantor wish to secure the proper maintenance of the works listed with the deeds. The […]

Refund deposit after tenant fee ban transition period ends 1st June?

8th June 2020

The tenant fee ban transition period ended on the 1st of June 2020 in England. I have ASTs that started before 1st June 2019 and have transitioned into statutory and contractual periodic tenancies started before 1st June 2019. My question is do I need to refund the extra deposit taken before to meet 5 weeks […]

GOV.UK crown logo representing UK government consultation on EPC reforms

Eviction Ban Extended 2 Months Until 23rd August

6th June 2020

The government extended the suspension of new evictions in England and Wales until 23 August. The extension announced by the Housing Secretary takes the moratorium on evictions to a total of five months. Ministers are also working with the judiciary, legal representatives and the advice sector on arrangements, including new rules, which will mean that courts […]

NRLA disappointed by damaging evictions ban extension

6th June 2020

The NRLA have expressed disappointment at the decision by Ministers to extend the ban on evictions in rented housing by a further two months. It will be a further impetus to landlords leaving the market as confidence is at an all-time low. Ben Beadle, Chief Executive of the National Residential Landlords Association said: “This decision […]

Post-Lockdown Buy to Let Market – Ltd co. and Personal

6th June 2020

With the lockdown caused by Covid-19, we saw the UK property market effectively shut down for a period of two months, with only essential moves taking place. Lenders responded by cutting LTVs, reducing product ranges, or closing the door for new applications altogether. For those in the property market, it was an event reminiscent of […]

There is no eviction crisis looming for tenants

6th June 2020

There is no eviction crisis looming for private sector tenants, as new independent polling shows almost all have been able to pay their rent as usual during the coronavirus pandemic. In the survey of over 2,000 tenants across England and Wales, 90 per cent said that they had paid their rent as usual since the […]

House Price index will be volatile with lack of data

5th June 2020

The latest Halifax House Price index is showing on a monthly basis, house prices in May were 0.2% lower than in April and in the latest quarter (March to May) house prices were 0.5% lower than in the preceding three months (December to February) However, house prices in May were 2.6% higher than in the […]

It’s constant uproar – What would you do?

5th June 2020

I own a small rental house miles away from me which is fully managed by an agent. My tenant constantly falls into arrears which until now she has eventually paid off, but she either ignores the agents or makes them promises she does not keep so she has caused a constant fuss. After the virus […]

Can I serve Section 8 with no EPC?

5th June 2020

Really need some help or advice please! A close friend has very recently let her property and is now having to deal with everyone’s worst nightmare, a non paying tenant who is very difficult! Long story short the tenant moved in April 6th after pressuring her with all sorts of stories (having to live in […]

Preventing wider access of direct payments will be detrimental to UC tenants

5th June 2020

This week, Secretary of State Thérèse Coffey took questions from the Economic Affairs Committee on the economics of Universal Credit.  As part of this she told MPs that she does not want to see a return to the widespread use of direct rent payments to landlords with tenants in receipt of housing benefit, despite praising […]

Who needs a holiday when you can rent in Liverpool for 3 months?

4th June 2020

The average person in the UK spends £826 on a week of sun, sea and sand each year, however, with many travel restrictions still in place, a trip abroad is looking increasingly unlikely in 2020. With an average of 2.4 people living in each household, the silver lining is a potential saving of £1,652 for […]

TMW 1year 1% existing customer BTL switch product

4th June 2020

The Mortgage Works (TMW) yesterday launched a Buy to Let switch option for existing customers coming to the ending of their initial deal product terms. To support their existing customers during the emergency lockdown they are also expanding the whole range of switcher products to offer landlords more options to manage their cashflow through the […]

Buying another flat for personal and AirBNB use?

4th June 2020

I am hopefully going to buck the trend by asking for advice prior to purchase. I usually see lots of comments about people who have already purchased and why they shouldn’t have done it like, that but like this! Anyway, I am thinking of buying a flat for around £70K. I already have 2 other […]