Page 644 – Property118

Section 21 notice date – Will it be thrown out by the courts?

1st September 2017

I have an AST created on 15/06/2016 for a 12 month period where rent is paid monthly on the 15th of the month. I have given a Section 21 notice (Form 6A) on 05/04/2017 with a notice date of 16/06/2017. As this date is not technically ‘the last day of a period of the tenancy’ […]

New penalties for landlords and agents under the Housing Act 2016

1st September 2017

This is the sixth post in my 2017 Legal Update series. The Housing & Planning Act 2016 The most recent piece of housing legislation to come out of Parliament is the Housing & Planning Act 2016. This introduces a new enforcement regime aimed at ‘rogue’ landlords and letting agents. Although you will probably not come […]

Almost half of landlords planning changes as a result of tax implications

31st August 2017

Results from a survey released today by mydeposits, the custodial and insurance-backed tenancy deposit scheme, have revealed that 44% of landlords are planning to make changes to their present circumstances in direct response to tax changes imposed on landlords over the last 18 months. With the full effects unlikely to be felt for another three […]

49% of home purchases are First-time buyers

31st August 2017

Connells Survey and Valuation have reported that First-time buyer home purchases are increasing as a percentage share of the purchase market and now stand at nearly half 49%. This is an increase of 6% on the five year average from July 2016. However, Buy to Let purchase activity has declined over all with a marked […]

Tenant Tax (Clause 24) causing homelessness?

31st August 2017

Hi Team Here is the impact of Tenant Tax (Clause 24) clearly visible. (Homelessness and Genocide of poor and sick). It is causing Homelessness in London and will cause homelessness everywhere else in the country soon. Click Here for article. (Or Search google for “Evening Standard Surge in rough sleeping on Tube”.) When the winter comes, […]

Setting up the generations against each other

31st August 2017

The new report by Legal and General and CEBR (Click Here to view) has been presented as yet another example of ‘intergenerational inequality,’ with particular focus on the fact that the Bank of Mum and Dad is not only used to assist offspring with property purchases, but now also with accessing rented accommodation. The L […]

Section 21 – time limits, forms and retaliatory eviction

31st August 2017

This is the fifth post in my 2017 Legal Update series. We have had two posts already in this series on section 21 but there is still a way to go. Today I am going to be looking at the remaining ‘Deregulation Act’ amendments. If you are in Wales, you can ignore this post as […]

71% of landlords feel less confident post political instability

30th August 2017

A landlord sentiment survey carried out by Foundation Home Loans considering confidence post political instability of the snap General Election and Brexit shows that 71% have experience a drop in confidence for the PRS. 38% of landlords have since reviewed the size of their portfolios due to increasing costs and 7% have actually sold property […]

Freeholder repossessed and done a runner?

30th August 2017

Hi my wife and I own 1/3 share of a freehold Victorian conversion house split into 3 flats. We currently rent this out. The previous owner/occupier of the top floor flat did a runner and his flat was repossessed by his bank and resold leasehold only, apparently he still owns the freehold. We wish to […]

Notice in writ of possession cases

30th August 2017

There has been an appeal going through the courts regarding the notice requirements to residential tenants when landlords apply for a writ of possession to evict. CPR 83.13 – sufficient notice The appeal – Partridge v Gupta – centred around the definition of “sufficient” with regards to notice in CPR 83.13. This states that, where […]

Low anxiety Vs green bins

30th August 2017

When looking to invest in property what is more important, the ecological credentials of a local borough or its low levels of anxiety? Interactive borough map reveals where in London is best for your preferences: Click Here An interactive map, launched by recruitment agency Randstad, reveals the best London boroughs to live in based on a […]

Landlords – Tell the Chancellor what should be done before the Autumn Budget

30th August 2017

HM Treasury has said it welcomes representations as part of the policy-making process and the views of stakeholders are gratefully received. There will now only be one Budget each year held in the Autumn with a Spring Statement in 2018, but this will not be a major fiscal event. Guidance has been issued by HM […]

Am I guilty of Disrepair, Being Unfair or Both?

30th August 2017

A letting agent I use in Yorkshire has sent me an email today, as they have received a letter from the local council suggesting that I am guilty of disrepair. This is probably a complaint in retaliation from a tenant that I invoiced, £97.87, for an emergency repair to her kitchen floor that had collapsed […]

Section 21 – the New Pre-Conditions

30th August 2017

This is the fourth post in my 2017 Legal Update series. In my last post I gave you the good news about section 21 – the fact that the dreaded ‘last day of a period of the tenancy’ is (in most cases) no longer needed. However, that problem has been replaced by others! Meaning that […]

Case Study on UC tenants prospective

29th August 2017

The claimant and their landlord approached Caridon Landlord Solutions, seeking resolution to an on-going issue with the tenants Universal Credit claim, the tenant was not in receipt of any payments causing him to incur debt and was also unable to pay his rent. The claimant was previously in employment until he became ill and his […]

Buying the freehold: What’s involved?

29th August 2017

The freeholder of my BTL flat is selling the freehold to me. It is going through now but I would like to know what my responsibilities and roles are as well as the advantages and disadvantages. I have emailed my solicitor twice regarding this but no response. I contacted RLA who directed me to Leasehold […]

Looking at Section 21

29th August 2017

This is the third post in my 2017 Legal Update series. Section 21, as you will know, is the section in the Housing Act 1988 which sets out the rules for ‘no fault’ eviction for Assured Shorthold Tenancies (ASTs). Section 21 has been both a blessing and a curse to the private rented sector. It’s […]

Dealing with Deposits

28th August 2017

This is the second post in my 2017 Legal Update series. Today I am looking at Tenancy Deposits Tenancy deposits were first introduced in April 2007 and ever since then all landlords have had to: Protect their tenants’ deposit within a government authorised scheme within a time limit and Serve ‘prescribed information’ Although many deposits […]

DWP Helpline for landlord clarification

27th August 2017

I have noticed that there are a few articles floating around the landlord community regarding a new landlord helpline for landlords that have tenants on Universal Credit. In one article it states “The new number 0345 600 4272 can be used by landlords who are unable to obtain the tenant’s co-operation to get DWP to […]

Financial Planning / Tax Advice needed

27th August 2017

Dear all, I am a landlord with 3 rental properties that all earn a reasonable profit (and therefore tax). The properties are jointly in my name and my wifes. I am currently employed but my wife has recently decided to take a 1-2 year (maybe longer) break to look after our children. In addition, I […]