Page 480 – Property118

NAPIT electrical testing exceeds new regulation requirements?

26th May 2020

The new NAPIT Trade Association Guidelines for Landlords on “The Electrical Safety Standards in the Private Rented Sector (England) Regulations 2020” exceeds the requirement of these regulations. The 2002 regulations come into force from 1st June and require that ECIR test standards to comply with the 18th Edition Electrical Wiring Regulations Inspection and Test requirements. […]

Electrical Installation Condition Report Query?

26th May 2020

I last had an Electrical Installation Condition Report (EICR) done in July 2018 (17th Edition), with a recommended 5 years before the next inspection. I have a two story HMO licence. I have 5 student tenants on one AST that are due to start their second year with me on 1st July 2020, so its […]

FCA proposal to extend mortgage payment holidays to 31st October

22nd May 2020

The Financial Conduct Authority (FCA) has announced proposals which will continue support for customers who are struggling to pay their mortgage due to coronavirus. The proposal outlines the options firms will be required to provide customers coming to an end of a payment holiday, as well as those who are yet to request one. For […]

Scotland Coronavirus Bill amendments defeated

22nd May 2020

A second Coronavirus bill was passed by Scottish Government 20 May 2020 and thanks to lobbying by Scottish Association of Landlords (SAL) proposed amendments to enact a two-year private sector rent freeze; place a two-year ban on tenant evictions for rent arrears.and extinguish rent arrears in cases of extreme hardship as a result of Coronavirus […]

Scotland to reopen housing market in phased plan

22nd May 2020

The Scottish government have released their phased plan for reopening of the economy and have included construction and the housing market: ‘Coronavirus (COVID-19): framework for decision making – Scotland’s route map through and out of the crisis’ >> Click here  Phase 1: following the 28 May end-of-cycle review of the COVID-19 regulations, if the evidence […]

Person surrounded by question marks symbolizing confusion over rent-to-rent issues

Tenant may refuse to move due to Covid-19?

22nd May 2020

We have three very nice tenants (three individuals) in one of our rental properties who have stayed in the property for years. We are currently selling this property and have found a buyer. The deal is fairly close to the position of exchanging the contracts and we have offered the tenants to move into another […]

NRLA call for benefits to cover rents

22nd May 2020

The NRLA are supporting calls by MPs on Parliament’s Housing, Communities and Local Government Select Committee to boost the financial support available to tenants during the COVID-19 outbreak. Responding to the Committee’s calls for the Local Housing Allowance to be set at a rate that reflects real market rents, Ben Beadle, Chief Executive of the […]

Uni tenant demanding 3 months rent for water damage?

21st May 2020

The house I rent to students was water damaged by storms and my tenant was unable to use her room for 10 days. She therefore  went home as the University was Closed. I have offered her two weeks rent, but she is now demanding 3 months plus compensation. I have spoken to my insurance company […]

Negotiating rent arrears repayment

21st May 2020

During the pandemic, many employees will have found themselves furloughed, or worse, without employment. This means that they might struggle to continue to pay their rent. If you have a tenant who has not kept up with payments and has built up rental arrears there are steps you can take. This article looks at some […]

Covid-19 commuter savings can help tenants

21st May 2020

With many of us still restricted to working from home or on furlough, research by Ome shows the average UK commuter is benefiting to the tune of £66 a month that would otherwise be spent travelling to and from work. Now that the market has reopened for business, tenants will be looking to move to […]

Are rent guarantee policies still being offered?

21st May 2020

I have been told that it is impossible now to arrange a rent guarantee and tenant eviction insurance policy as these have been suspended, a better way is to say they have been withdrawn from the market. I was told by the NRLA yesterday that rentguard with whom they work has suspended and the brokers […]

4 students moving in 8th June?

21st May 2020

Hi all, some advice please. I have new students moving in, saying that they are uncomfortable as gov guidelines suggest different households should not mix. They are suggesting delaying till 1st July, and fishing for money off the rent. I have searched Gov. uk and found no advice. Although I did find this on BBC: […]

Money Laundering Regulations – Proof of ID?

21st May 2020

Hi, I’m considering using a new letting agent and he’s asked for ID, including either a Driving License or Passport. I’m not keen on going in to a Post Office to send them recorded delivery but vaguely remember when I sold a property a few years ago the agent could verify ID from my NI […]

Landlords taking the hit to support tenants

21st May 2020

Private landlords have been willing to take a temporary hit to rental income to support tenants struggling as a result of coronavirus according to a survey of over 4,500 landlords by the National Residential Landlords Association. 90% of landlords who had received a request for support from a tenant had responded positively. This included offering […]

Strict liability for Unlicensed HMOs? – Legal Cases Webinar

20th May 2020

In our Landlord Law Legal Cases series, we discuss one important landlord and tenant legal decision in the Courts with one of the barristers in the case. We will be running the next webinar on Tuesday 26 May at 10.30 am and it is a case on HMO licensing and strict liability. Click here The […]

Company guaranteed rent set-up?

20th May 2020

I have been hoping to invest in property for a few years, but as friends of mine have struggled with bad tenants, I have been hesitant. I have wondered whether investing in property, but using an estate agent that can guarantee my rental income would be worthwhile? I have found some estate agents advertising a […]

LandlordZone report court preparing to start possession cases on 29th June

20th May 2020

LandlordZone  reported that a busy civil and family court has told a regular user it is preparing to start listing possession hearings from Monday 29th June and this could indicate the start date for other courts around the UK. Does this mean that the government is not looking to extend the three month eviction ban […]

How to invest in property post Covid-19

19th May 2020

In this video I share 5 criteria for making successful property investments in a post Covid-19 property market recession. Essential viewing if you are serious about UK property investment and if you want to learn how to invest in property. Also register For this months FREE Baker Street Livestream property networking event attended by 1000+ […]

Councils are persuading even experienced landlords to self-incriminate

19th May 2020

You may well receive a letter from the council. It will look relatively innocuous and particularly bureaucratic. There is no standard format for these letters, and one could be forgiven for concluding that they deliberately make them confusing so that you, the landlord, don’t realise just how serious they are until it’s too late and […]

Citizens Advice say tenants should not be pressured to allow viewings

19th May 2020

Citizens Advice wants the government to extend the measures put in place to protect tenants from the financial impact of the coronavirus pandemic. In particular the government should accelerate its policy to scrap section 21 and is also calling for temporary changes to allow courts further discretion when faced with tenants whose rent arrears have […]