Page 553 – Property118

AST’s signed on line – how do you make that work?

5th June 2019

Hi there, Does anyone have experience of ‘digital signatures’ to share? I am using the latest PIM’s AST agreement for 2 new student house tenancies due to start on 01 July 2019 which encompasses the most up-to-date legislation. It’s one agreement for the new household of friends coming out of halls. I have two of […]

Finance to buy freehold for residents management company?

5th June 2019

I own 1 of 7 leasehold flats, there is a leaseholder controlled management company between the leaseholders and the freeholder. The freeholder has offered to sell the freehold to the leaseholders, 3 of the 7 have already extended their leases, the other 4 will need to at some point. Is it possible for the management […]

A new breed of housing

5th June 2019

For some millennials, ownership, it seems, isn’t particularly important. They will happily utilise facilities driven by Apps such as Uber and Airbnb. And In terms of careers and jobs, they will happily embrace flexibility to go full digital nomad with their lifestyle forsaking the 9-5 to be truly flexible and work from the comfort of […]

Section 21 Summit Success

4th June 2019

Following Theresa May’s announcement that she would abolish Section 21, the Alliance announced that it would hold an emergency summit in Manchester and invited other Landlord representative bodies. Following discussions with the RLA, we agreed to cancel our summit and attend a summit in London chaired by Lord Lytton. We have achieved what never has […]

Overuse of the adjective “Rogue”

4th June 2019

The adjective Rogue is very popular with the media. It has been applied by “Shelter” to Private Sector Landlords who are retiring (or dying!). If the landlord does die then what happens to the tenant who may have lived there for up to 15 years albeit the average length of tenancy is 4½ years? Left […]

Land for the Many – Not for Landlords

4th June 2019

The Labour Party have commissioned an ‘independent’ report titled “Land for the Many” that proposes changes in the way land in the UK is used and governed. Key proposal headlines include: Tenancies should be open-ended, and landlords should lose their power to evict a tenant who has not broken the terms of the tenancy agreement […]

Scottish Parliament to consult on rent controls – Will we all follow?

3rd June 2019

There has been a trend in the Private Rental Sector for the UK to follow Scottish legislation and the general theory is that the various pieces of legislation have been introduced in Scotland and the market is still working well. In reality the changes to the market in Scotland has come at a heavy price […]

Section 21 ban will leave landlords helpless evicting anti-social tenants

3rd June 2019

The proposed abolition of Section 21, which will do away with landlords’ rights to legally repossess property in an efficient and cost-effective way, will leave them “virtually powerless” to tackle chronic anti-social behaviour (ASB) among tenants in the rented property sector, according to the National Landlords Association. In a survey of more than 40,000 members, […]

Sprinkler system reponsibility?

3rd June 2019

I own a flat where there was a sprinkler system that installed by the developer when this property was first built. Now this building is run by the Management company. However, there is an issue with this, whereby there is a water leak from the pipes from the Sprinkler system. Each individual flat has this […]

No DSS – The Sheriffs Office

3rd June 2019

The Government is currently looking closely at discriminatory policies which affect those needing to be housed but are reliant either fully or partially on benefits to be able to afford to do so. The All Parliamentary Work and Pensions Committee is looking at not just landlords but also mortgage providers, insurance providers and policies. They […]

Students more interested in living next to supermarkets than pubs!

3rd June 2019

Despite uncertainty around Brexit, the student property market is predicted to rise by 72% between 2014 and the end of 2019* and is set to remain an attractive option for landlords across the UK. Landlord insurance provider, Towergate, conducted a study of 500 undergraduate students across the UK to find out how landlords can succeed […]

New Form 6a – Section 21

3rd June 2019

An updated version of Form 6a has been released confirming that after the introduced Tenant Fees act a landlord cannot serve a Section 21 notice if they have taken a Prohibited Payment from a tenant and that payment has not been refunded in full. The new Form 6a must be used from 1 June 2019: […]

What use is an AST any more?

3rd June 2019

Being a battered Landlord, I have endured most of the problems that we all read about on these Property118 pages. In 6 days time my latest section 21 notice expires and I am bracing myself for what comes next. Will the tenant go or what? This raises my point. The tenant owes 5 months rent […]

How to Rent Booklet Updated 31st May 2019

3rd June 2019

Just to add to the introduction of the Tenant Fees act on the 1st of June the government has updated the ‘How to Rent’ booklet the day before. This updated version must now be given to tenants at the start of all new tenancies from the date it was changed – 31/05/2019. Click Here to […]

‘Rumble with the Agents’ raises over £19k for Make-A-Wish UK

31st May 2019

On Thursday 23rd May, the fifth annual ‘Rumble with the Agents’ white-collar charity boxing event took place at The Holiday Inn in Finchley Central.  The sell-out event, attended by more than 300 property professionals, raised in excess of £19,000 for Make-A-Wish UK, with the final total still being tallied, which will enable eight children with […]

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 […]