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. […]

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 […]

The government has brought forward a package of measures to protect renters affected by coronavirus (COVID-19). With these in force, no renter in either social or private accommodation will be forced out of their home. To ensure all renters are clear on the full package of support that is currently available to them, we are […]

This guidance applies to people buying or selling private residential homes which they intend to live in. Buying and Selling Homes during this stay-at-home period Given the situation in the UK with regard to the outbreak of coronavirus (COVID-19), we urge parties involved in home moving to adapt and be flexible to alter their usual […]

Following Chancellor Rishi Sunak’s announcements about the self employed able to access a taxable grant worth 80% of their average profits over 3 years tax returns – Properties are emptying as tenants/guests are leaving due to the COVID 19 outbreak. What landlords can be classed as self employed? Some landlords perform a trade and pay […]

I have a student HMO. The tenants are still on a fxed term joint and several AST for 10 months commencing 9th Sept 2019. One of the tenants who is Polish has asked to be able to terminate his tenancy early in April subject to travel availability to return to Poland. Is he permitted to […]

I wonder if anyone has any ideas about this. My tenant has been in the house for over 5 years, she has been paying well under the market rate for this time, last year after some complaints of her behaviour from the neighbour I went to see her with the rental agent. I overhauled a […]

I’ve just had a proactive call from a tenant asking if her friend can move into her flat. She is already worried about her job situation and ditto for friend so they want to move in together into my property. Do I simply issue a new contract with both names now on the agreement? Would […]

In my opinion, this short video is the most helpful for landlords so far in the Covid-19 crisis. Comments from readers, in regards to their personal experiences, are very much necessary. Those of you who leave a comment will be able to subscribe to receive email notifications as soon as other Property118 Members leave their […]

Re a pre-action housing disrepair case – the solicitor for the claimant in this case is no longer acting, but is asking each side to bear their own costs due to the landlord getting his own contractor to inspect the property. No damp was found, only minor repairs. Tenant is vexatious and we have problems […]

From today, the Coronavirus Act extends the notice period required for possession using Section 8 and Form 6a (Section 21) from two months to three months. I have worked with landlords for 27 years, been through two recessions and seen the crippling effect that falling into rent arrears can have both on landlords and tenants. […]

The Bank of England’s Monetary Policy Committee (MPC) held its previously scheduled meeting for March and voted unanimously to hold the rate at the 0.1% emergency level. MPC summary and policy on tackling Covid-19: “The Bank of England’s Monetary Policy Committee (MPC) sets monetary policy to meet the 2% inflation target, and thereby helps to […]

Has your business been interrupted by coronvirus? Have you experienced lost or deferred revenue? disruption to your cashlfow? We can help. In the 2020 budget, the chancellor announced a new scheme which provides loan facilities of up to £5m for smaller businesses across the UK, who are experiencing lost or deferred revenues, leading to disruptions […]

This months Baker Street Property Meet is taking place online as an Emergency COVID-19 Property Investors Summit. Its a free to join event with over 1000 people already registered. In this Property Investors Emergency Summit, our experts will give their views on the impact of Covid-19 on different property investment sectors: Ranjan Bhattacharya – Commercial […]

The MHCLG .Gov website (click here) has just released new Assured Tenancy forms including 6A which confirm the new government policy of 3 months notice. This is also under review and as threatened in Scotland could be increased at a later date to 6 months. Form 6A: for a no fault possession notice on an […]

My parents own a rental property which was their previous residence and has been renting the property for a number of years. They are in the process of selling the property mainly to make use the letting relief which goes after 5th April. The property was close to exchange which is the tax point for […]

We have 2 x 1 bedroom flats available in Skegness, near the hospital, we were going to sell them, but now want to offer them rent free to local NHS staff during the Covid-19 Crisis. Has anyone done this and can anyone help with the type of agreement needed so as not to create a […]

I’ve run out of patience with the agents who manage my properties and will shortly give notice or terminate their contract. I appreciate the present situation is difficult, but this is after a series of errors at my expense. Now I’ve had increased charges and some staff suddenly never in the office (not due to […]

We are a small landlord and few days ago we received a letter from our key commercial tenant who provides our main form of income. This tenant states in their letter they are “an incredibly successful plc , a well capitalised and financed business with a track record of continued growth and profitability.” However the […]

I have just had a rather curt message from one of my letting agents saying they are doing their best, but they have “drastically” reduced staff. I have not heard from my second letting agent, although I left a message a few days ago. For one of my tenants I have contact details and the […]

I’ve absolutely no idea what I’m to do with this – I let a flat last year (13 months ago) on a 4 year let to a company with a personal guarantee. The rent was paid for a year minus the commission (via the agent) the commission was fully paid (4 years’ worth and I […]