HM Tearsury publish management information each Tuesday for each of the three Covid-19 emergency loan schemes schemes (CBILS, CLBILS, BBLS), including: The total number of applications, number of approved applications and the value of loans approved. The applications figure includes approved applications, those applications that are still to be processed, applications that have been declined […]

Building owners have been urged to act and put the safety of residents first as the government’s £1 billion Building Safety Fund to remove dangerous cladding was launched by Housing Secretary Robert Jenrick. It comes as the government published the prospectus for the fund which will meet the cost for remediation of unsafe non-ACM cladding […]

Our previous tenants from 2018 submitted a Rent Repayment Order claim for non licence HMO. Initial Rent Repayment Order Letter correspondence from previous tenants solicitor was received February 2020. We then made a financial offer Pre Coronavirus Pandemic, our offer was submitted to the tenants via there solicitor beginning March 2020. In the offer letter […]

My tenancy agreement with my current tenants was set up as a 1 year tenancy, then moving to periodic, starting 1 Sep 2019. One of the tenants (secondary tenant) has stated she wishes to move out at the end of June, 2 months earlier than the tenancy agreement end date. Having looked back at the […]

I have had an offer accepted on a modern (2009) flat, which I was planning to add to my rental portfolio. It’s on the middle floor of a small 3 storey block. However, I’ve now been told that the valuer cannot recommend that the mortgage company lend on the flat because of new certification requirements […]

The Baker Street Property Meet Livestream Networking Event is tonight, Wed 27th May at 7pm. Join 1000+ property investors in the UK’s largest online property networking event. Tonight’s theme is ‘How To Finance Property Deals After Lockdown‘ I will host and explore the theme with tonight’s guests: Evan Maindonald, Melt Homes, who will cover the […]

The network is open to anyone who is interested in Property, whether you are a seasoned investor, new to investing or haven’t yet made that big property leap. We meet monthly to chat about property in a relaxed environment. May 26th 7pm. With additional special guest Mark Smith (Barrister-At-Law) Hon. Legal Counsel for Property118. MEET […]

Savers who stay put with their existing savings provider may wish to rethink any sentiment to stay loyal. If savers have an easy access account with a well-known savings provider, they may be earning very little interest on their funds, or even less than the market average. Analysis of live easy access accounts from 15 […]

Plans to provide 6000 long-term, safe homes for vulnerable rough sleepers to be taken off the streets during the pandemic have been unveiled by Housing Secretary Robert  Jenrick MP. This commitment will be backed by £160 million this year and will support many of the thousands of rough sleepers currently housed in emergency accommodation to move on to more sustainable, long-term housing. By accelerating plans for the £381 […]

Can I ask what the remedies are when the Head Lessee in a block of flats breach the lease covenants? The head lessee is also in charge of managing the block (RTM is not possible due to the 25% rule in a mixed use block, i.e. commercial on the ground floor and residential above). I […]

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. […]

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 […]

I now do a weekly property show with Russell Quirk called Shamps and Quirky- The Property Odd Bods Have a watch and click the video below for episode 2:

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]