This is my first ever discussion starter – we are really desperate, don’t know what to do and hope the community here might be able to help. We specialise in student rental. Fixed term for one year, 4 students on one AST. No HMO. The University of Surrey decided to close early and cancel rent […]

I have 13 single tenancies (family homes) in Reading. All houses are rented to Eastern European families. All tenants except 1 (in total 12 tenancies) contacted me in last 2 weeks and refused to pay me. None of tenants in question appear to know each other. The reason given by all 12 tenants is: “The […]

Landlords… If your property is being managed by your brother’s sister’s cousin’s sister-in-law, or your best-est friends’ brother-in-law then you face a 90% probability of massive problems in the form of: Unpaid rent Repairs not done Council inspections Council enforcement action Prosecution Massive Civil Financial penalties Rent Repayment orders Fitness for Human Habitation – no […]

With the lockdown, Shaf has bit more time on his hands. This is giving him the opportunity to do a few more videos. So guys please take advantage of it. If you have any questions to do with business please leave a comment below. We will pass all these onto Shaf and he will try […]

Prior to introducing the Section 24 legislation “restricting finance cost relief for private landlords to the basic rate of tax” in his Summer 2015 Budget, the Chancellor at that time (George Osborne) commissioned the OBR (Office of Budget Responsibility) to produce an impact report. That report suggested that 19% of all private sector residential landlords […]

I believe the guidance is clear regarding rental payments in relation to downturn. The case in Central London Property Trust v High Trees House [1947] KB 130 deals with this in issue which should be of great interest to all. If the tenant is still in situ then past consideration is not good consideration. In […]

I bought the ex-council flat for rental in 2006. Recently it was reported to us by the Lettings Agent that the copper pipe leading from the main stack into our flat is leaking. The stack is for all the blocks and there are 14 floors. On further investigation the copper pipe was completely corroded to […]

For those property rental business owners we have helped to restructure over recent months and years, they will know exactly what we mean when we say “Happy New Tax Year!” For others, those who have buried their heads in the sand or failed to seek advice and/or take action, this article is to serve as […]

Property owners selling are reminded from 6 April 2020, if a UK resident sells a residential property in this country they will now only have 30 days to tell HMRC and pay any money owed. It means for some it can be done without having to register for Self Assessment. There are also changes for […]

With lockdown in its third week, and the likelihood that it is being extended further we are going to have to adapt. A new world will emerge from this crisis, but are we all ready for it? I’ve recently recorded (it’s being edited) a YouTube video on “getting back to business – in the new […]

The UK Short Term Accommodation Association (STAA) is promoting a scheme to offer free accommodation to London’s NHS key workers. Together with a number of partners who usually operate in the short term let market, the scheme, called ‘NHS Homes’, will provide free accommodation and additional services to NHS staff to enable them to stay […]

Following a short consultation the Financial Conduct Authority (FCA) will be going ahead with the proposals, which will give lenders the flexibility under to provide temporary financial relief to those facing payment difficulties during the coronavirus pandemic. The measures include firms being expected to: – Offer a temporary payment freeze on loans and credit cards […]

Paul Shamplina Founder of Landlord Action, Brand Ambassador For Hamilton Fraser and Star of Channel 5’s ‘ Nightmare Tenants, Slum Landlords’, will provide practical guidance to help your lettings business survive the coronavirus crisis. Paul will be joined by Mike Morgan from HF Assist, and together they’ll provide pragmatic ways to help you through this […]

As agents close their doors due to the lockdown, the spread of the virus across the UK has led to a near standstill of the housing market. The March 2020 RICS UK Residential Market Survey results highlight that despite the first few months of the year showing a marked pick-up in market activity, this month […]

During the last few weeks there has been a rush of borrowers taking advantage of all-time low residential interest rates. Due to the impact of Covid-19, the Bank of England has taken the unprecedented step of making two cuts to the base rate in quick succession. First there was an initial emergency cut to 0.25% […]

HM Treasury and the Bank of England have agreed to extend temporarily the use of the government’s long-established Ways and Means (W&M) facility. The W&M facility functions as the government’s overdraft account with the Bank of England, i.e. the facility which enables sterling cash advances from the Bank to the government. The previous high for […]

The latest Halifax House Price index figures for quarter ending March will not yet reflect the affects the lockdown has had on the housing market. It was reported that house prices in March were 3.0% higher than in the same month a year earlier, but on a monthly basis, house prices were flat at 0.0%. […]

Ome, has investigated the most affordable locations across the UK with the lowest population to maximise the chances of successful self-isolation. Ome looked at the estimated population of every area of the UK coupled with its size to find the number of people populating each square kilometre. Using these figures, they then explored the areas […]

The Ministry of Housing Communities and Local Government have released a new model tenancy agreement and guidance specifically to be used for longer term tenancies of 2 or more years. Although this does not take into account that most lenders criteria will only allow a 6 or 12 month tenancy maximum, it is however, only […]

I have just been speaking to a friend of mine who’s Mother in Law has been in a nursing home for 6 months. The fees are £950 a week. Her property has been rented out and the family make up the shortfall. The (Spanish) tenants are returning home so there will be no income plus […]

The Property Educators Accreditation Scheme (PEAS) Code of Practice is now open to public consultation. The three main objectives of PEAS are as follows: – To help credible property investment educators differentiate themselves from less credible operators. – To create greater transparency in the property investment education sector. – To create greater protection for consumers […]