Page 481 – Property118

Landlords need to understand Universal Credit as tenants sign on

2nd April 2020

As The Department for Work and Pensions (DWP) grapples with nearly one million new claimants applying for Universal Credit following the outbreak of COVID-19, Caridon Landlord Solutions, part of Caridon Group, says landlords should educate themselves on the Universal Credit system now so that they can support their tenants and both mitigate the risk of […]

Windows smashed and tenant abandoned property?

2nd April 2020

I let a property to a couple about 5 months ago on a 12 month AST in February the couple split up and the man left,only to return weeks later and smash most of the downstairs windows. The police got involved and advised she seek alternative housing until he’d been arrested, which he was and […]

Gas Safety Certificate post emergency measures?

2nd April 2020

I have had trouble getting information out of British Gas concerning Gas safety certificates under the covid-19 restrictions. Their website had nothing on it. I have now had a reply to a tweet, and they will still be providing the service and in fact had engineers available the same day! Martin  

Government have created chaos in the PRS

1st April 2020

Private landlords in the UK have been left in dire straits not only by the coronavirus, but by the Government’s abysmal response to it. Whilst the Government has mentioned in its legislation that tenants must keep paying their rent, in its public pronouncements it has given a very different message – talking about landlords being […]

NRLA merger completes and Chair is announced

1st April 2020

THE country’s biggest landlord associations have officially merged, with a new Chair announced today. Jodi Berg OBE will head the newly created National Residential Landlords Association (NRLA) formed by the merger of the National Landlords Association and Residential Landlords Association. Jodi (see main pic) has spent 30 years working within the management of public and […]

Tenancy ends and how to observe Covid-19 lockdown?

1st April 2020

My tenant has given her 1 months notice to end her unfurnished room tenancy on 30th April. The property is a 2 person flat-share in South London and she is currently in lockdown in Wales. I am in Gloucestershire. I will offer to not charge rent from 1st May until I have vacant possession and […]

Landlord Law – Learning for Landlords in the Lockdown

1st April 2020

Are you bored and fed up, stuck at home during the Coronavirus lockdown? If so – why not join our Lockdown Learning Project. Every week we will be featuring a free (or very low cost) training course: Some will be online video courses. Some will be primarily text based perhaps with a few videos or […]

Covid-19 Temporary changes to Right to Rent

31st March 2020

Right to rent checks have been adapted to make it easier for landlords to carry them out during the coronavirus outbreak, the Home Secretary announced Monday 30th March. Effective immediately, the temporary changes will mean the Home Office will not require landlords  to see original documents and will allow checks to be undertaken over video […]

Not all Doom and Gloom

31st March 2020

The Good News Brooklands Commercial Finance is fully operational and assisting Property 118 clients in these unprecedented times. We are currently working with lenders that have replaced their requirement for physical valuations with remote valuations plus they are passing on the full 0.65% base rate drop on their variable rates. Maximum LTVs on owner occupied […]

Larger Portfolio Landlords Face Financial Oblivion Unless They ACT NOW!

30th March 2020

Janet and John have spent their time in isolation considering the impact of Covid-19 on their rental property business. They are predicting that in the 2020/21 tax year their rental income will reduce by approximately one third. This has already started happening with the inability to rent properties recently vacated and which they had been […]

Banks have not been pressurising government to freeze the housing market

30th March 2020

Contrary to the FT front-page headline “Banks seek to freeze property market as credit and virus fears hinder moves” (March 27), banks have not been pressurising the government to freeze the housing market. However there is no doubt that with the land registries in Scotland and Northern Ireland currently closed and valuations and viewings unable […]

New Permanent Secretary at the Ministry of Housing, Communities and Local Government

30th March 2020

The Cabinet Secretary, with the approval of the Prime Minister, has approved the appointment of Jeremy Pocklington as the new Permanent Secretary at the Ministry of Housing, Communities and Local Government (MHCLG). Jeremy succeeds Dame Melanie Dawes who left the Civil Service in February, and has been acting Permanent Secretary since her departure. Secretary of […]

Delay to Energy Efficiency regulations in Scotland

30th March 2020

The Scottish Government has announced that they have taken the decision not to introduce the Energy Efficiency (Domestic Private Rented Property) (Scotland) Regulations 2020, which had been due to come into force on 1 April 2020. SLE wrote an open letter to Kevin Stewart, the Scottish Government’s Minister for Local Government, Housing and Planning, expressing […]

Lodger rights at the current time?

30th March 2020

What are lodgers’ rights at the moment? Can their landlords give them a weeks notice as usual, and throw them out onto the streets with nowhere to go? The council isn’t even open! Can someone who knows please clarify this? Thank you. Marie

Put ourselves in the shoes of these kids?

30th March 2020

Hi. I’m sure this is a problem faced by many student let landlords, caused by the current climate. Many universities with on campus accommodation have released students from their contracts 3 months early as Unis are closed, so a lot of the students moved back home to study online. However, students who have signed contracts […]

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

Full Government COVID-19 guidance for landlords and tenants published

30th March 2020

The Government has finally released on Saturday its full pieced together non-statutory guidance for landlords and tenants during the Coronavirus emergency. Click here for the full 21 page document from MHCLG. The Coronavirus Act 2020 is confirmed to remain in force until 30th September. 1. Rent, mortgage payments and notices seeking possession The purpose of […]

Shelter again with latest TV advert!

30th March 2020

I think the latest TV advert for Shelter is disgusting. Once again giving the impression that they provide housing and once again having a pop at landlords. This time saying a tenant had called and said their landlord had asked them to leave the property in case they got Corona Virus. They really do make […]

CERTAINTY Amidst Chaos LettingSupermarket.com Covid-19 Update

28th March 2020

Open for new business and with Rent Guarantee Insurance that WILL pay out! Today I have been speaking with Chris Sheldon, the Managing Director of LettingSupermarket.com, to review the company’s business model during these difficult and worrying times for many. We stripped out all new letting income for the rest of the year, together with […]

Lenders to give 3 month offer extension for home movers

27th March 2020

To help home movers impacted by Covid-19, mortgage providers will give customers who have exchanged contracts the option to extend their mortgage offer for up to three months to enable them to move at a later date. Stephen Jones, Chief Executive of UK Finance, said: “Lenders recognise that many people looking to move into their […]

Latest HMRC guidance on Covid-19 support for Self-employed

27th March 2020

The Chancellor, announced a new Self-employment Income Support Scheme to support self-employed people who have been adversely affected by COVID-19. GOV‌.UK has further details about who is eligible for the scheme and how it will work. Self-employed people do not need to get in touch with HMRC as the scheme isn’t yet open for applications. […]

Covid-19 support for the self-employed

27th March 2020

In the latest step to protect individuals and businesses, Rishi Sunak has set out plans that will see the self-employed receive up to £2,500 per month in grants for at least 3 months. Millions of people across the UK could benefit from the new Self-Employed Income Support Scheme, with those eligible receiving a cash grant […]