Page 531 – Property118

CLS saves landlord from 10 months arrears and tenant from eviction

31st May 2019

Caridon Landlord Solutions (CLS) was contacted by a landlord whose tenant was in more than 10 months of rent arrears.  The landlord had served the tenant with a Section 8 notice as a precaution but did not necessarily want to evict her if the Housing Benefit claim was reinstated. The landlord provided CLS with the […]

New AST questions post June 1st

31st May 2019

Firstly, the new tenants are a married couple with two children. The wife has no income. The letting agent has named both husband and wife as tenants on the AST even though the wife will be contributing no rent. The letting agent is advising that this is normal practice. I would have presumed that the […]

Tenant fees ban interpretations and exceptions

31st May 2019

I have been wondering about the tenant fee ban and how it may affect situations that are not addressed. My starting point is as an agent we have never issued a non-student tenancy solely for a fixed term unless we were asked to, or to fill a specific void. More than 95% of our non-student […]

Tenant Fees Act may limit access in selective licensing areas

31st May 2019

The National Landlords Association (NLA) is concerned the Tenant Fees Act 2019 may limit access to rented property for tenants in areas with selective licensing. The Tenant Fees Act, which comes into effect on 1 June, limits the fees landlords and letting agents can charge tenants. Because of this, many agents have signalled they are […]

Ex-evicted bad’un has the gall to ask for a positive reference?

29th May 2019

I nearly died of shock today! My inbox contained a request for a tenant eventually evicted last November, which began in April 2018. Yes, it was one of those Section 21s, the so-say ‘no fault’ eviction route to ensure I got possession without contest. ‘No fault’ included rent debt of several £1000’s plus the breach […]

DWP – Universal Credit landlord engagement newsletter

29th May 2019

The Department for Work and Pensions (DWP) has published its latest newsletter designed to keep landlords who let to tenants on Universal Credit informed of the most recent updates and current position of the roll out. Click here to view the full May 2019 edition. UC roll out: April 2019, just under 2 million people […]

Closed panel lenders?

29th May 2019

Should mortgage companies be able set the requirement to use a closed panel of solicitors as one of the criteria for obtaining a loan from them? I have a cousin who has his own legal practice in my area and there are a significant number of partners, enough there for any lender to allow them […]

UK’s driveway income hotspots

29th May 2019

The UK’s towns and cities where homeowners are making the most money by renting out their driveways as parking spaces have been revealed by online parking portal YourParkingSpace.co.uk. Its research shows that empty driveways, garages and secure parking spaces made more than £1,000 for their owners in 25 cities and towns across the UK over […]

Valid view point on the way forward for the PRS?

29th May 2019

Have any Property118 readers and contributors read the thorough Crisis report on homelessness? You seem to have a number of luminaries who could throw some light on what appears to be a thorough and detailed report. There may be an alternative valid view point on the way forward for the PRS. Yours sincerely, Reader‎ The […]

Housing supply and demand down but transactions up?

29th May 2019

NAEA Propertymark has issued its April Housing Report1  with the headline – Number of property transactions increases despite fall in supply and demand. Mark Hayward, said: “Despite a fall in housing supply and demand, it’s encouraging to see an increase, for the first time this year, in the number of sales going through. This means […]

Periodic Tenancies and what if How to Rent guide changes?

29th May 2019

Am I correct in assuming that if my 6 month AST’s then revert to Periodic Tenancies after the 6th month, I don’t need to issue another How to Rent guide, even if a new version has been introduced by the Government, since my AST was issued? I realise that if I issue a new Tenancy […]

Council Tax discounts and exemptions – Practical guide

28th May 2019

For the first time the government has produced a practical guide highlighting all the Council Tax discounts and exemptions to ensure families aren’t paying more than their fair share of Council Tax. Local Government Minister Rishi Sunak MP, said: “Council Tax is a vital source of funding for local government, supporting most of the day-to-day […]

Single-storey extension planning rules made permanent by MHCLG

28th May 2019

Thousands of homeowners will be able to extend their properties quickly and easily without the need for a full planning application, under rules made permanent today (25 May 2019). In a wide-reaching package of reforms, rights allowing larger home extensions have been made permanent, following its introduction in 2013. Today’s news gives homeowners certainty to […]

TPO revised codes of practice for 1st June

28th May 2019

On 1st June, The Property Ombudsman (TPO) scheme’s updated Codes of Practice will become effective. The revisions are substantial, and incorporate the Tenant Fees Act, Client Money Protection and GDPR requirements. Key revisions to the Lettings Code include: Tenant Fees: The Code reflects changes imposed on agents by the Tenant Fee Act 2019, with new […]

Is purchase Stamp duty exempt due to being uninhabitable?

28th May 2019

I purchased property which had many defects in its condition outlined below. I was wondering if after the recent ruling where a property was considered uninhabitable if this property I have purchased would be stamp duty exempt? Could this be claimed back now or does it have to be done at time of purchase? Defects: […]

Can’t give customers Jam Tarts when they want Doughnuts!

28th May 2019

The Customer is always right! Even when he is wrong he is right! The problem the Conservative Party had was that they can never be wrong and even when they are not right they are never wrong. The rot all started with my MP, Helen Whately, asking a question in the House of Commons. She […]

Tenant fees act – Renewal with higher rent £50?

24th May 2019

The act states that a payment is permitted, if a landlord makes a Variation, Assignment or Novation to a tenancy at the tenants request to allow a pet or another person to stay at the dwelling. So if I draw up a renewal with higher rent, would this qualify for the fee of up to […]

Small Claims permitted after DPS award?

24th May 2019

I’d particularly welcome comments from those within the letting business’ or especially those 118 members with legal qualification please. Last year my tenant abandoned the property half way into a fixed term tenancy, leaving rent arrears and many items damaged and lost. Furthermore she did not return the keys so an Abandonment Notice was issued […]

Watch those pennies or it could cost you dear!

23rd May 2019

Landlords and agents will need to be especially careful taking holding deposits when the Tenant Fees Act 2019 comes in to force on June 1st. No more than “one week’s rent” may be taken. That is defined as “the amount of the annual rent payable in respect of the tenancy immediately after its grant, renewal […]

Reneging on purchase deal after mortage has been paid?

23rd May 2019

A friend of mine agreed with his landlord/owner (a relative) 2007 to pay the mortgage on the verbal agreement that the property would be transferred into his name. Every mortgage payment has been made on time and directly to the bank, since the agreement was made. Recently the owner has indicated that he wants to […]

46% of RLA landlords intend to sell post Section 21 scrapping plans

22nd May 2019

The RLA has surveyed more than 6,500 landlords and agents finding more than 46% now plan to sell some or all of their rental property following government announced plans to scrap Section 21 repossessions. The research also found an additional 40% of landlords were waiting to make a decision based on it becoming clearer in […]