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 […]

Tessa Shepperson of Landlord Law talks to John Stewart of the Residential Landlords Association bringing people up to date with developments for landlords in the UK resulting from the Coronavirus pandemic. This is the recording of Tessa’s webinar yesterday (24 March. 2020) with John Stewart of the NRLA. The comments by both John and Tessa […]

MHCLG Secretary of State, Robert Jenrick and other government ministers have been confirming this morning that essential maintenance such as boiler repairs and leaks etc can be carried out at homes by tradespersons. However, elective non-essential work such as new kitchens, extensions and decorating should not be instructed or provided. Government guidance on repairs is […]

Enforcement agent visits suspended Following the Prime Minister’s announcement on Monday 23rd March 2020, visits by our enforcement agents are temporarily suspended. We will follow ongoing guidance from Government over the next three weeks and review as necessary. Residential evictions As you may be aware, the Government is introducing emergency legislation to prevent landlords from […]

We want to help our tenants in difficulty by giving them initially, a 3-month deferment of their rent. Not a gift or free ride – just no rent to be paid for 3 months, but then (assuming/hoping) things get back to normal, they make up the arrears along with their normal monthly rent payment. My […]

I am a professional Landlord with quite a few properties. I have Buy to Let mortgages on all of them. However, like most landlords there is money over and above the mortgage payments from the rent I receive, to which I live on. The government have to surely rethink their strategy on this. Maybe if […]

To keep it brief, bought a property that consists of 3 flats using Bridging finance. They need refurbishment to be put into rentable condition and then refinance longer term on to a Buy to Let mortgage. Two months in to the refurbishment and four months left to go the builders and now suppliers closing down! […]

The spending limit for contactless card payments will be increased from £30 to £45, with a national roll-out beginning from 1 April 2020, UK Finance has announced. The decision to raise the limit was taken following consultation between the retail sector and the finance and payments industry and follows similar increases in several other European […]

As of the evening of 23rd March, Gas Safe expect to suspend Gas Safety inspections until they have more guidance. “We anticipate that we will need to continue, but will confirm this soon, once we the guidance from Cabinet Office and HSE on what they need from the industry to support the nation. Click Here […]