Page 477 – Property118

Government cladding guidance for PRS

12th June 2020

Action for private sector residential landlords It is the responsibility of building owners in the private residential sector to carry out necessary measures to ensure the safety of their residents. Since June, the government has been urging owners of private residential buildings over 18 metres to make urgent use of the free ACM screening tests, […]

CGT – I “want” to pay, but how?

11th June 2020

I seem to be caught between two systems. I sold a property in February 2020 and made a small loss. I sold another in May 2020 and made a gain which is not completely cancelled out by the previous loss plus my allowance. I need to pay some CGT but with the recent change in […]

Mortgage company put me on variable rate doubling my interest payments?

11th June 2020

I have lost my job, because of the coronavirus lockdown recently. I had a two year fixed term on a BTL property with Precise Mortgages which ran out on 1st of April and instead of giving me a new fixed term (which they refused) they put me on variable rate doubling my interest payment. I […]

Daily Briefings – Landlord questions needed!

11th June 2020

Let’s get cracking and all submit a question (as a member of the public) for the Government to answer at their daily briefing. I’ve not seen one from a landlord yet, so lets flood the system with them! Its not like we have nothing to ask is it??? https://www.gov.uk/ask Ask a question at the coronavirus […]

Emergency Eviction??

10th June 2020

Had a few issues with my current tenant (Mr X), but it has all kicked off tonight. The other tenant nextdoor tells me the Police have been called to flat as Mr X kicked off and threatening to kill himself after a drink and drugs combo mixed with existing meds he has to take for […]

Fire/Health and Safety Assessment Periodicity

10th June 2020

Can anyone advise on the periodicity / frequency with which Fire Assessments and Health and Safety Assessments should be undertaken? We own two maisonettes in a development of 8 – there are 4 ground floor apartments and 4 first floor apartments – all of which have their own entrances and there are no internal communal […]

Appeal to Scottish Government on energy efficiency improvement works

10th June 2020

Landlords of private rented homes and their agents are urging the Scottish Government to consider the consequences of the Covid-19 pandemic on Scotland’s ongoing efforts to improve the energy efficiency of Scotland’s private rented homes. Four membership organisations representing the private rented sector have joined forces and written an open letter to Kevin Stewart, Minister […]

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 […]