Page 641 – Property118

Post eviction security and clean up

22nd September 2017

At The Sheriff’s Office we often have clients ask us to help with post eviction clear ups. Our team can ensure that correct steps are taken not only to clean up, but to re-secure the site and ensure both yours and the public’s safety. We are experts in doing this for both property and land. […]

Reinstate claim or start a fresh claim after court fee debacle?

22nd September 2017

I was wondering if there are any solicitors on here who could advise me on the following. I have taken a guarantor to court for rent arrears from a previous tenant of mine. After sending in all the documents I intend to rely on in court along with my witness statement and cheque for £170 […]

End of tenancy and derelict car on driveway

21st September 2017

I have a property that is about to be vacated. The tenants have had a car on the driveway that has not moved for about 2 years. The tires are flat, the brakes are locked solid and I’ve been told it will not start. I’m worried that the tenants will leave it behind when they […]

Is a Property Partnership future proofing my business?

21st September 2017

My partner and I have a portfolio of 10 properties in joint names which we fully self-manage including lettings and repairs. They are singe let houses, not HMO’s. We treat this as a business as it is our main source of income. I’ve read quite a lot about the potential advantages of being a property […]

No EPC – No Mortgage

21st September 2017

Did you know that from April 2018, BTL landlords might find it far more difficult to get buy to let mortgages if their properties don’t have the right Energy Performance Certificate rating EPC’s are rated from A (the most energy efficient property) down to G. Energy Performance Certificates (EPCs) include detailed information about the subject […]

Hammersmith and Fulham Discretionary Licensing

21st September 2017

Hammersmith & Fulham have confirmed that they have just launched a discretionary licensing scheme. Nearly all privately rented properties in the borough need to be licensed. They have released two new licensing schemes in addition to the mandatory licensing scheme. The three types of property licences are as follows: Mandatory licensing This applies to houses […]

Harlow Universal Credit Roll Out Postcodes

20th September 2017

Anyone who lives in a postcode listed below (of working age, with less than 3 children) will no longer be able to make a new claim to any of the existing benefits: Tax credits, Housing Benefit, Income support, Employment Support Allowance, Jobseekers Allowance. Instead they will have to make a claim for Universal Credit full […]

Newham Council threatening new front doors!

20th September 2017

Newham Council sending letters to all leaseholders of ex-council flats asking to provide the fire safety certificates or replace front doors to FD30 certified front Doors. They have identified ( no survey was carried out ) that current door doesn’t meet current fire regulations and funny enough my one bed flat front door was installed […]

Launch of RLA Quarterly Survey on Finance and Tax Issues

19th September 2017

The last two years have seen a number of changes announced that could adversely impact your letting business. This includes changes to mortgage interest relief, stamp duty land tax, proposed letting agent fee ban, capping of tenancy deposits, licensing schemes and more. Last year we launched our first quarterly survey on the finance and tax […]

Focus on purpose-built student accommodation

19th September 2017

Student accommodation is attracting billions of pounds of investment each year, with the purpose-built student accommodation (PBSA) sector, in particular, growing in popularity. Student expectations for accommodation have evolved in recent years. Today’s student population is increasingly international, demands quality, purpose-built accommodation, and will pay a premium for it. Industry research shows that investment in […]

Do I still need to go to court TODAY?

19th September 2017

I have served a section 8 notice on a tenant for several months of unpaid rent and the court hearing is later today. However, he has now given us back the keys so I have possession, BUT can I still use the court hearing to try and claim some of the unpaid rent back or […]

Declaration of trust and restriction on title?

19th September 2017

I am in the process of trying to sell a property where I have used a DoT to move some of the economic interest into my wife’s name. When the DoT was created, there was a restriction put on the property’s title. I am now trying to sell the property and the buyer’s solicitor wants […]

Incorporating property business with different legal owners?

19th September 2017

I have a portfolio of about 25 properties and having spoken to Mark Alexander I have decided to shortly contact Mark Smith to arrange for him to prepare all the relevant paperwork re incorporating my property rental business by way of beneficial declaration of trust – One point that I and for that fact my […]

Retaining an RMC after management transferred to a RTM?

19th September 2017

At the moment we have a Resident’s management company (RMC) limited by Shares and management may be transferred to a Right to management (RTM). This would potentially mean that the records of two companies have to be maintained. Other than the fact that all the leases list the RMC as the management company is there […]

Should we have been given notice?

17th September 2017

Our fixed term tenancy rolled into a periodic one after 6 months. When we moved over to the periodic tenancy, should the landlord/letting agent have advised us of the change to the notice period? As I understand it, we have to give 1 months notice from our rent payment date. We are buying a house […]

Does a Landlords insurance claim affect my home insurance?

17th September 2017

I am going through a claim on my Landlord insurance at the moment for water damage. My question is does the claim affect my own home insurance? Do I have to tell my own home insurers of the claim as the insurance company who is insuring my home and landlord insurance is the same just […]

RICS Surveyors concerned about Landlords leaving the PRS

15th September 2017

The Royal Institution of Chartered Surveyors (RICS) conducted a survey of its members which highlighted their concern over landlords leaving the PRS when demand for rental property is already outstripping supply. Member Surveyors surveyed thought on average over the next five years rental price inflation would be 3% where as they thought house price inflation […]

Leicester BTL Recap (And What It Means For 2018)

15th September 2017

Leicester overview – the landlord year in figures According to Zoopla, last year the average price for a property in Leicester was £206,115, whilst that average rose to £215,257 for August 2017, a growth of 1.11% on the year before. According to Rightmove’s Rental Trends Tracker for the East Midlands, asking rent saw an annual […]

Renting to Charity – Church

14th September 2017

I have just been approached by church who want to rent my 4 bed house for 1-2 years for their Pastor. Could I do normal AST with them? Is there any pitfall in that.. as the letting agent said we cant do any credit check etc as they are registered charity and they were not […]

HMO Liverpool advice please

14th September 2017

Dear All 16 months ago I bought a 6 bedroom HMO in Liverpool for 145k (105k interest only mortgage with Paragon, 5 year fix); I live in Somerset so it’s managed for me. I’m 54 and planning to retire in a couple of years. Unfortunately, the expected tenants didn’t materialize, (or at least not enough […]