Martin Lewis' MoneySavingExpert.com website has explained how renters can get their deposit and some extra back if their landlord hasn't followed rental rules. He explains how, according to the law, the tenants deposit must be placed in a registered scheme within 30...
News
Telegraph lambasts Renters Reform Bill
Subscription may be necessary to read these articles Landlords face fight for survival under Michael Gove’s new rules ‘A cross-party housing select committee has warned the Government that it does not seem to fully appreciate the extent to which an unreformed courts...
New database could be a ‘Gold Mine’ for the tax man
A new landlord database, currently in draft legislation phase, could provide HM Revenue and Customs (HMRC) with valuable information to pursue landlords for unpaid tax, according to BDO, a leading accountancy and business advisory firm. The Renters (Reform) Bill,...
Renting with pets
The Government have released more information regarding their intentions to allow tenants to have pets in their rental property. The proposals can be seen here, and says: What is it reasonable for a landlord to refuse a tenant having a pet? Landlords will be required...
Use of the Section 21 increasing
Paul Shamplina, founder of Landlord Action, says that the scrapping of Section 21, as part of the Renters Reform Bill, will come as little surprise to landlords, many of whom have already started making plans to sell in anticipation. He explained that April was...
It’s like a revenge eviction – but by the council, says landlord
Brighton & Hove News are reporting on a landlord who leased his flat to the council for more than 15 years said that had experienced the equivalent of a “revenge eviction”. Brighton and Hove City Council initially agreed to renew its contract with the landlord,...
Mortgage and Landlord Possession statistics: January to March 2023
The Government has just published the new statistics. They can be seen here; the main points are Mortgage claims, orders, warrants and repossessions have increased significantly when compared to the same quarter in 2022. Compared to the same...
Mandatory registration for landlords
As part of the Renters Reform Bill (RRB) proposals, it will become necessary for all landlords to be registered. There appears to be places to be registered: Privately Rented Property Portal There will be an online portal/database that all landlords will have to...
New Section 8 grounds revealed
As part of the Renters Reform Bill (RRB), the Government have announced the new grounds they are proposing for Section 8 notice. Note that after the RRB becomes law, it will only be possible to use Section 8 notice to evict. They proposed grounds are: Table 1:...
Renters (Reform) Bill
Renters (Reform) Bill has now been published. The full Bill can be seen here, and in summary: Section 21 will be abolished. End of Fixed Term tenancies, with Periodic only, i.e. there will be no more AST’s, only Assured Tenancies. Tenant can give two months’ notice,...
YOU MAY ALSO LIKE
Ground Rents to be capped at £250
The government is reportedly planning to introduce a cap of £250 per year on ground rents for leaseholders, as part of...
Making Tax Digital – pilot scheme launched
The launch of the pilot scheme for Making Tax Digital (MTD) today (April 22nd 2024) by HMRC marks a significant step...
Is the Chancellor considering a cut in stamp duty?
The potential stamp duty cut being planned by Chancellor Jeremy Hunt, as reported in various newspapers, could have...