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Southend MP slams council plans for £700 property licence fee
AN MP has hit out at plans to slap landlords with a £700 charge for a property licence in Southend. James Duddridge, Tory MP for Rochford and Southend East, said the planned selected licencing scheme for parts of Southend. The council is pressing...
Phased end of lockdown announced
The Prime Minister has announced a timetable to ease the lockdown. Those matters that affect property are:- From April 12th:- Up to six people from separate households could be able to meet in a beer gardens Non-essential retail opens from...
Owners of empty properties asked to help tackle housing shortage
Owners of empty or under-utilised properties in Kensington and Chelsea are being asked to bring them back into use to help tackle the borough’s housing shortage Kensington and Chelsea council will be contacting landlords of empty homes to encourage...
Three-quarters of tenants happy with landlord
Three-quarter of tenants (75%) describe relationships with their landlords as “good” or “very good”, according to Mashroom – and 89% of landlords feel the same way. The letting agent alternative found that 59% of tenants cited strong communication...
Changes to model tenancy agreement could result in perfect storm of student pet rental problems
Letting agents and landlords within the student rental sector are being urged to act with greater vigilance, as changes to the model tenancy agreement could lead to an increase in the number of students opting to have a pet while at university....
Business rates review report pushed back until autumn 2021
Retailers, hospitality firms and landlords will have to wait until later in 2021 for the government to publish a final report on its review of business rates. Due to the ongoing and wide-ranging impacts of the pandemic and economic uncertainty, the...
Stricter EPC targets will deter buyers from moving – warning
Propertymark has slammed government energy efficiency proposals as being “unrealistic, too simplistic and could deter people from moving home.” A formal consultation process from government closed earlier this month. It proposed to introduce strict...
New Propertymark chief executive resigns
An announcement from Propertymark this afternoon says: The Board of Propertymark has accepted the resignation of its CEO, Tim Balcon. Following four months in the role Tim has decided, and mutually agreed with the Board, that he will stand down as...
Summary Information
What is not generally recognised is that the landlord cannot cease a tenancy, they can (politely) ask the tenant to leave, by way of a notice, and if that fails the landlord can apply to court to have that converted into a court order. The...
Dealing With Complaints
It is especially critical to deal with complaints quickly. If a tenant makes a complaint about something the landlord must respond in writing within 14 days. If they don’t respond and the tenant makes the complaint to the Council and the Council...
Inspections
It is critical to ensure the landlord/agent keeps a regular eye on the property, and especially get the tenant(s) to inform them of any problems. This will hopefully stop any minor problems becoming major. It is also important to remember that...
Tenant Liabilities
The main tenant liabilities are:- Pay your rent on time.If you believe that you are going to have problems paying all the rent, it is critical you make contact with the landlord to discuss it with them.It would be unusual if you are unable to pay...
Deposit Advice
Check your deposit is safe If you have an Assured Shorthold Tenancy (AST), after you have paid your deposit you should by law be informed what has happened to it. Check if your deposit is protected Contact all three schemes to see which is holding...
Landlord Liabilities & Responsibilities
The law regarding the landlord’s obligations to repair Under Section 11 of the of the Landlords and tenants act 1985 the landlord is responsible for keeping good repair of the structure and exterior of the property such as walls, roof, windows and...
Cannabis factory caused damage to rental property
A gas engineer was shocked to come across a large cannabis grow in a rental property after being called to change the meter. He rang the police having smelt a strong smell of the drugs from a house in Blidworth, Nottinghamshire. Officers were...
60% of landlords expand portfolio in race for stamp duty savings
Some 60% of multi-property landlords have expanded their property portfolio since the introduction of the stamp duty holiday in July 2020, according to research from Direct Line for Business. The report shows landlords have been strategic with...
Mortgage broker asks for overhaul of government’s Green Homes Grant
Property Master chief executive Angus Stewart has called on the Chancellor to offer landlords more support by revamping its Green Homes Grant scheme. The grant offers funding of up to £5,000 per property, though applying for the grant is difficult...
Stamp duty break prompts surge in multi-property landlord deals
Some 60 per cent of multi-property landlords have expanded their portfolio since the introduction of the Stamp Duty Holiday last summer according to new research. This includes commercial property landlords as well as residential ones, with both...
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LATEST NEWS
Don’t miss out on Government help with energy bills
Hundreds of thousands of struggling households in Great Britain risk missing out on government help to pay their...
Landlords look to commercial property instead of residential
Specialist lender Shawbrook are reporting that landlords frustrated by poor returns and high taxes in the buy to let...
Pensioners trapped in their own homes
The Sunday Times is reporting on the problem of pensioners wants to downsize, but unable to the cost – 'paying stamp...
Hamptons say mortgage crisis is reducing the market
Landlords in the UK are paying 40 per cent more mortgage interest than in August 2022, forcing more of them to quit...
Rightmove latest House Price Index
Rightmove have just published their latest House Price Index, it can be seen here. It reported that asking prices...
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