Page 532 – Property118

Upad no longer accepting new business

14th October 2019

One of the Uk’s first online letting agents, Upad has confirmed it will no longer be accepting new business and it’s home page has now been redirected to >> https://www.upad.co.uk/closed.html The founder of Upad, James Davis, told The Property Industry Eye at the weekend that he recently spent 5 months recovering from an emergency heart […]

UC sending letters for landlord to non-existent address

14th October 2019

Dear Universal Credit Stage two, This complaint is about you sending letters to me/for me, to someone else in Nottingham where I do not live. Breaking data protection rules and not correcting your mistake quickly. So simple to solve, 10 second phone call, you have my address wrong, job done. Why is it 4 weeks […]

Asbestos and rental property

14th October 2019

I have one rental property. Purpose built in 1960s, typical construction of it’s era. I would like to highlight for other landlords their risks and responsibilities regarding this awful material and am interested to receive any advice from others who have experience. At a minimum I would recommend every landlord should carry out an asbestos […]

Anyone have a definitive guide for UC tenants?

14th October 2019

Is anyone willing to post a copy of a checklist they use themselves, of questions or things that any Landlord needs to check BEFORE considering a Universal Credit tenant please? Any hints or tips in trying to max out any money up front via the Council for possibly taking someone from their ‘Emergency List’? The […]

Mark Smith (Barrister-At-Law) Landlord tax planning strategies – Leicester

10th October 2019

Our Hon. Legal Counsel, Mark Smith, Head of Chambers at Cotswold Barristers will be presenting an overview of several landlords tax strategies at the pin Leicester Meeting property networking event Thursday 7th November 2019. The event will start at 6:00pm until 9:00pm and will be free for guests of Mark Smith that have not previously […]

Court Orders Possession – what’s next?

10th October 2019

The Section 21 date expired, but the tenant did not move so I sent off for an accelerated order for possession. This has been granted with a date in 10 days time. If the tenant leaves on the day, should they hand the keys back to me? What about their stuff left behind that they […]

Shelter warn of older people ‘stuck in expensive PRS’

10th October 2019

Shelter have today issued the press release below warning of a ‘ticking timebomb’ for older renters: Sky-high house prices have left hundreds of thousands of older people stuck in expensive private renting and now, new research by Shelter reveals that a quarter (25%) of private renters age 65 and over worry about becoming homeless. Official […]

Mona Lott is a bad tenant

10th October 2019

Yesterday I read that Bellway Homes cancelled a reservation for a Detached House because the “would be buyer” moaned a lot! Of course, if Bellway had not signed a contract then they are quite entitled to withdraw. I agree with Bellway. I have only, twice, refused to take tenants who moaned. Both about their current […]

Is it time to move into property refurbishment?

10th October 2019

Many landlords are facing up to the Government’s onslaught of the buy to let market which has seen their profits slashed over the past three years as tax changes take effect and new legislation like the Tenant Fees Bill and the proposed Section 21 ban will add further challenges. With some landlords selling properties to […]

170,000 new homes built for year ending June 2019

10th October 2019

New data has found the number of new homes completed by developers in the year ending June 2019 had increased to over 170,000, which is the highest number built over the same period in the last 11 years. Government figures show a total of 173,660 new homes were built for the year ending June 2019 […]

Possession reforms are a dead parrot

10th October 2019

Government proposals to reform the way landlords can repossess properties will not work and threatens the supply of homes for rent says the RLA. In its response to the Government’s consultation on ending Section 21 repossessions, the Residential Landlords Association argues that what is being proposed fails to give any guarantee that landlords would be […]

Modular construction helping to solve the UK housing crisis

9th October 2019

Modular construction is the process where building components are produced in a factory, before being transported to the site for assembly. The pieces arrive already finished, minimising the amount of technical work required onsite. It is not a new concept, but in recent years the method has seen a surge of popularity, with both housebuilders […]

SpareRoom rents not affected by tenancy fee ban

9th October 2019

SpareRoom’s Q3 2019 Rental Index ,a comprehensive overview of how the rental market is performing across the country based on nearly 300,000 room listings, reveals the cost of renting a room in the UK remains steady, up just 1% on last year to an average monthly rent of £600. The fact that rents remain largely […]

Right to Rent – Expanded acceptable evidence list

9th October 2019

The Home Office have issued updated guidance on the 8th Oct for landlords and letting agents taking proof of right to remain in the UK and entitled to rent for the following nationalities below. Click here for the full updated guidance. “Nationals of Australia, Canada, Japan, New Zealand, Singapore, South Korea and the USA may […]

Selling BTL properties – open letter to PM

9th October 2019

8th October, 2019 Boris Johnson MP, Prime Minister, 10 Downing Street, WESTMINSTER, London SW1 2AA   Dear Boris, SELLING BTL PROPERTIES  I have a two-bed terraced house in Whitstable which I have agreed to sell to a first-time buyer who presumably was previously a tenant. The house was purchased “off plan” in 2003 and has […]

Bristol City Council – The lights are on but no one’s home!

9th October 2019

I have just received an email from Bristol City Council regarding my recent license application for one of my HMOs and I also just paid them £1050.00 for the pleasure. I list here the accompanying 37 conditions (yes really 37 of them) I have to follow. I really think whoever wrote these conditions has no […]

What if some of the obstacles to S21 claims are also applied to S8 claims?

9th October 2019

Landlords are concerned that the Government has announced it will abolish section 21. Labour and Liberal Democrats are also in favour. I may written elsewhere about why abolition is a very bad idea: ‘Removal of Section 21 Housing Act 1988‘ The fear of it is already causing landlords to pull out of the market. What […]

Proposed Manchester rent control powers simplistic and populist!

7th October 2019

Introducing rent controls in Manchester would choke of the supply of homes to rent making it more difficult of tenants to find a place to live. That is the warning from the Sale based Residential Landlords Association as a new report calls for the Greater Manchester Combined Authority to have powers to implement forms of […]

Courts failing to follow housing case rules

7th October 2019

Courts across the country are failing to follow their own rules when it comes to the speed of dealing with repossession cases. According to the civil procedure rules which provide a code to ensure courts deal with cases justly, the courts are expected to ensure cases are “dealt with expeditiously and fairly”. The rules show […]

Removal of Section 21 Housing Act 1988

7th October 2019

The Government consultation on “A new deal for renting: resetting the balance of rights and responsibilities between landlords and tenants” closes on 12th October. I would urge all landlords to make a submission: Click here. You can also email your submission and any comments to [email protected] Below is an extract from my submission 1. The Government […]

Shelter do it again!

5th October 2019

Shelter do it again! Screw the vast majority of decent tenants that is, by their support for the Tenant Fees Act. It is now not possible for a landlord to agree to a surrender of a tenancy without either: a) breaking the law, or b) being out of pocket So no landlord in his right […]