Page 475 – Property118
HM Treasury sign on a government building wall

No Furlough for landlords?

28th September 2020

Anyone in this group belong to a landlord association? Question for NRLA why are they not more vocal in the lack of furlough support by the government for landlords. Landlords get no support whatsoever! No support at a time we cannot evict and have to pay more tax it’s so unjust. Why aren’t they shouting […]

Rent guarantor necessary in this case?

28th September 2020

I have a 2-bed flat where the rent is £640 pcm. The tenant is part working and on UC. As she can pay 5 weeks deposit herself and RIA, the Local Authority have said they can’t help her further. I am just waiting for her to allow me to talk to DWP direct about her […]

Freeholders can build 2 floors now without permission – How to object?

28th September 2020

Regarding the law passed by Sep 2020 – The Town and Country Planning (Permitted Development and Miscellaneous Amendments) (England) (Coronavirus) Regulations 2020 (S.I., 2020, No. 632) Without planning permission, the freeholder can add two stories onto existing blocks of three stories or more. What are our options to fight this absurd gift to freeholders? For […]

Winter Economy Plan leaves landlords out in the cold

24th September 2020

Rishi Sunak has outlined additional government support to businesses and workers impacted by coronavirus with a package of measures that will continue to protect jobs and help businesses through the uncertain months ahead as the spread of the virus is tackled. The package includes a new Jobs Support Scheme to protect millions of returning workers, […]

We cannot continue to let Landlords struggle without support

24th September 2020

Responding to the Chancellor’s Winter Economy Plan, Chris Norris, Policy Director for the National Residential Landlords Association, said: “We welcome the Government’s measures to subsidise wages. We warned that the end of the furlough scheme ran the risk of many households facing further difficulties in paying their rents. Today’s announcement is an important first step […]

Property Talk on the Tyne

24th September 2020

A self-made North East property entrepreneur has launched a new consultancy and podcast in a bid to help other would-be developers on the road to a property career. In estate agent Tony Fairs’ podcast Property Talk on the Tyne, he will share his own tips from inside the industry, plus cautionary tales from new developers […]

Landlords are paying the price for the eviction ban

24th September 2020

The latest research from Howsy, has revealed that since lockdown (March), average rent levels have dropped in seven out of 10 areas of England and Wales. Howsy looked at the average rent paid between the start of the year and lockdown and found that on average, the cost of renting had climbed 2% with just […]

Second home stamp duty exemption?

23rd September 2020

Hi all, I’m considering selling my main residence and moving into a rental property I own. Given I will be selling my main residence, if I buy another within 3 years, will I be able to claim the stamp duty refund? Or will it not apply because I’ll be moving into the rental property I […]

Housing Association wanted?

23rd September 2020

I would prefer to long term lease my properties to a local HA/Charity to give those really in proper need some stability. I realise there will be a lot more homeless to come, especially those who have never been in this situation before with furlough about to end etc… But… I can’t find any HA/Charity […]

Hackney adds a £50k Social Housing contribution from developers!

23rd September 2020

In discussion with a planner, I was notified that the latest local plan had been recently approved. The plan includes a charge of £50k for every new dwelling approved by the London Borough of Hackney. This is in addition to the Community Infrastructure Levy and a section 106 agreement. The Consultation period was early 2016 […]

Rishi Sunak takes a bow

23rd September 2020

In a Hm Treasury press release Rishi Sunak is taking credit for house sales rising 15.6% in August following the introduction of the stamp duty holiday. However, Rishi does not point out that HMRC annual sales figures are down 23.9% and a great deal of the August increase can be account for by pent-up demand […]

Evictions Ban extended 4 weeks and 6 month notice periods until at least 31 March 2021

23rd September 2020

Renters affected by coronavirus will continue to be protected after the government extended the ban on evictions for another 4 weeks, meaning in total no legal evictions will have taken place for 6 months, Housing Secretary Robert Jenrick has announced on 21 August 2020. The government also intends to give tenants greater protection from eviction […]

First trial date December 2021!

22nd September 2020

Finally, the courts officially reopened, after six months of suspension. Some cases on possession matters will be prioritised including: Anti-Social Behaviour, Domestic Violence and Rent Arrears totalling over a year. We suspect there are about 55-60k possession cases in the court system now, with 30k of them being Social Tenancies. We have now received this […]

Best boroughs for student rental demand

22nd September 2020

Benham and Reeves, has revealed the best boroughs for student rental demand, despite predictions of a rental market decline due to a lower level of students heading to the capital. London’s higher education providers accommodate 16% of the UK’s university students each year, and as many as 32% of the capital’s students come from overseas. […]

Residential/offices or shop?

22nd September 2020

I am thinking of purchasing a property currently used as offices and converting them into residential. Property bought in 1998 and owner uses this as offices as he always has done. Previous to this the current owner believes it was a shop with residential accommodation above, but VOA only goes as far back as 2010 […]

Landlord Action and Property Redress Scheme partner to help landlords regain possession

21st September 2020

Eviction and housing law specialist solicitors, Landlord Action, have partnered with the Property Redress Scheme to provide a first of its kind service to help landlords regain possession of their properties. Landlords who use Landlord Action to serve notice on their tenants and start the process of eviction can choose to simultaneously use the Property […]

JUSTICE FOR LANDLORDS!

21st September 2020

The sustained attack on private landlords has intensified during the Covid-19 epidemic and is now off the scale in terms of the injustice being perpetuated against landlords. Some of the key injustices are identified below. These merit a decisive response from the bodies representing landlords and letting agents. They need to urgently investigate every conceivable […]

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

Law Society says eviction rules must support tenants and ensure access to justice

21st September 2020

New housing possession rules unveiled by the government must protect vulnerable tenants, ensure access to justice and prevent a spike in homelessness, the Law Society of England and Wales warned today. On 20 September, the UK government lifted its stay on housing possession proceedings, which were put in place in March in response to Covid-19. […]

Government guidance post eviction ban

21st September 2020

The Government has released it’s full guidance for the possession action process under the new rules post the emergency eviction ban. Click here for the full guidance. Stage 1: Serve a notice of seeking or requiring possession Give your tenant a Section 8 or Section 21 Housing Act 1988 notice, specifying the date by which […]

My goals for Property118 in 2021

20th September 2020

Before the end of 2021 I want every person who buys a UK property for rental investment to able to make an informed choice about the optimal ownership structure to meet their short, medium and long term objectives. To achieve that I need every estate agent and mortgage broker to have ‘front of mind thinking’ […]

Gas hob burner with blue flame during operation, relating to gas safety checks after appliance repairs

New kitchen nightmare?

20th September 2020

So finally after Covid-19 eased off, we got round to start the kitchen which was planned before. The contracted company couldn’t do all the work and agreed to be flexible with me finding a new builder for them to then fit the kitchen once the builder has done all preparation work. The issues I faced […]