Page 477 – Property118

Guidance for lenders to support borrowers post mortgage holiday period

14th September 2020

The FCA has published additional guidance for firms, to ensure that consumers who have benefited from payment deferrals under the current guidance who still face financial difficulties, as well as those whose financial situation may be newly affected by coronavirus after the current guidance ends, continue to get the support they need. The measures mean […]

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

Law Society comment on government protection of tenants

14th September 2020

The Ministry of Housing, Communities and Local Government has announced further measures to protect renters. Law Society of England and Wales president Simon Davis said: “Possession hearings restart on 21 September, meaning that landlords are able to commence hearings to evict tenants. However, in areas where a local lockdown is implemented, enforcement of any possession […]

Parking sign

Ex-tenant threatening legal action over parking?

14th September 2020

A tenant that has recently vacated one of our properties left the place in such a state that we said we would need to keep some of his deposit to cover deep cleaning and removal of many items left behind. His deposit is with ‘My Deposit’ – all arranged by the agent that lets out […]

Electric safety certificate/CCU/fuse board

14th September 2020

Hello,  I have a number of properties where the fuse board/CCU is not in a metal cabinet or metal frame. In fact on some certified electricians have over the years replaced the old board with plastic boards to include circuit breakers etc. I not convinced that in any circumstances – or particularly plastic boxes need […]

Could be waiting until the latter half of 2021 to regain possession?

14th September 2020

On the 5th of June 2020, the UK Government announced that it would be suspending all housing possession cases in the courts for a further 2 months. Recently, this was extended again taking the total ban on legal evictions to 6 months. The Government have confirmed that the new 6-month notice period will be in […]

Making a property a Freehold / Leasehold

14th September 2020

Hello, Please can anyone point me where to look on the internet (or Property118) where I can read up about how to turn a Freehold Property ie a property with just 1 Land Registry Title into two titles i.e. A Leasehold and a Freehold. I would also like to be able to read up about […]

How Landlords can take advantage of the new government Green Homes Grant

11th September 2020

The new government Green Homes Grant will give up to £5,000 in vouchers to landlords to make their homes more energy-efficient. This scheme is part of a £3b investment in green technology to promote energy efficiency, as well as to help boost the economy during the coronavirus pandemic by creating jobs. If you are looking […]

Tenants to be protected by government through Christmas and winter

11th September 2020

Renters affected by coronavirus will continue to be supported over autumn and winter through comprehensive measures confirmed by Housing Secretary Robert Jenrick. The government has changed the law to increase notice periods to 6 months meaning renters now served notice can stay in their homes over winter, with time to find alternative support or accommodation. The only exceptions […]

YouGov polling indicates 22% of landlords have lost rental income during pandemic

11th September 2020

22% of private landlords with properties in England surveyed have lost rental income as a result of COVID-19 according to new polling. The research, conducted online by YouGov for the National Residential Landlords Association, found that whilst 19% of those questioned had lost up to half of their usual rental income as a result of […]

Meet Mark Smith (Barrister-At-Law) Landlord tax planning strategies – Oxford PIN

11th September 2020

Our Hon. Legal Counsel, Mark Smith, Head of Chambers at Cotswold Barristers will be presenting an overview of several landlords tax strategies at the pin Oxford property networking event Tuesday 15th September The events will be held Online and Attendees can expect first-class speakers and great networking opportunities. For any Property118 readers looking to attend […]

Wolves top the house price Premier League

11th September 2020

It may seem like it just ended, but the Premier League returns this weekend. While there’s a long road ahead before the champions are crowned, estate agent comparison site, GetAgent.co.uk, has revealed which teams take the top spot for buoyant house price growth. They pulled house price data surrounding every Premier League stadium to look at […]

Tenant being evicted to enable “massive repairs”?

11th September 2020

A tenant (local to us but not one of ours) has been advised that she has to vacate to enable “massive repairs”. I do not currently have details of what these massive repairs entail, but the suspicion is that they are actually improvements being labelled as repairs by the landlord as a way of attempting […]

He simply wants to keep it because he’s paid for it?

10th September 2020

Hi. We have a tenant who left a fixed-term tenancy agreement 2 months earlier than his end of tenancy agreement and moved into a larger property nearby. He paid all his rent till the end, but would not hand over his keys or give consent for us to access the property to prepare it for […]

Using ‘Material Uncertainty’ declarations in valuations during Pandemic

10th September 2020

The Material Valuation Uncertainty Leaders Forum (UK) forum was set up by RICS to consider the unique events relating to the global COVID-19 pandemic and its impact on valuation, particularly the reporting of material uncertainty.  The forum has a focus on financial reporting and measures for the accurate and consistent reporting of material uncertainty in […]

Shelter help disabled tenant win second ‘No DSS’ case

9th September 2020

Judge Mary Stacey has ruled in favour of Stephen Tyler in County Court that a Birmingham letting agent unlawfully prevented him from viewing a property on the basis that he was in receipt of housing benefit. Stephen Tyler, aged 29 and disabled, was represented by Shelter solicitor, Rose Arnall, who successfully argued that a blanket […]

Extra 3% SDLT exemption/refund on probate properties?

9th September 2020

Hello peers, My question is regarding exemptions to the extra 3% SDLT (Stamp Duty Land Tax) currently payable on investment properties. Is my understanding correct that the SDLT paid on probate properties is eligible for a refund if they’re turned around and sold again within the year? I appreciate your time! DP Editors Notes: HMRC […]

Government prospectus inviting bids for the affordable housing programme launched today

8th September 2020

Housing Secretary Robert Jenrick has today announced that the prospectus inviting bids for the government’s investment in affordable housing and new measures to make it easier to get a foot on the property ladder are being launched this week. The £12.2 billion overall investment in affordable housing was confirmed at Budget, which also includes £700 […]

Lease Extension and Marriage Value?

8th September 2020

Hi All, I was hoping for a bit of advice from the community RE. Lease Extensions, I’m a landlord with three properties in my portfolio. Can I confirm that Marriage Value is added to the price of a lease extension when the lease falls *below* 80 years? The reason I ask is I approached my […]

Housing Associations/Charities – want my property?

7th September 2020

I am coming to the end of a 4 year contract with a Managing Agent that has a direct link with the Local Authority to provide emergency/temporary accommodation. I want to move to another Housing Association/charity to do the same, but having difficulty finding one! The LA (Birmingham) says it deals with many, but does […]

HF Assist and Landlord Action to host Rent Arrears and Eviction webinar

7th September 2020

Following the further extension to the ban on evictions announced on 21st August, HF Assist, together with Landlord Action, will be hosting a special ‘Rent Arrears and Eviction’ webinar on 9th September from 10am-11am, designed to help landlords, letting agents and property managers navigate the ever-changing rules on evictions. The webinar will be presented by […]