Least Risk? S21 or S8

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We have a tenant finding it hard to find a property to move to. A developer let them move into a new house which is now for sold STC but the wave of Landlords selling is tightening supply so they can’t find anywhere.

They have an expired S21, but now owe three months rent too. The S21 may fail due to proof of service of the ‘How to rent’ booklet and EPC or the reliance of a Completion Certificate for the new Gas Boiler & Hob rather than a Gas Safety Cert at the outset.

Deposit is all protected etc. but I am now thinking of withdrawing the S21 and issuing Section 8.

Payments were erratic for a while during the tenancy, but since the S21 was served they ‘saved up’ for a new deposit and rent in advance using the developers’ rent.

Suggestions?

Jon

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Labour commits to introducing rent controls

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In Jeremy Corbyn’s speech at the Labour party conference today in Brighton he committed the party to introducing rent controls if they got into power.

In his speech Corbyn said:”We will control rents, when the young generation’s housing costs are three times more than that of their grandparents. That is unsustainable.”

“Homes should be for the many not speculative investments for a few.”

“Rent controls exist in many cities across the world and I want our cities to have those powers too and tenants to have those protections”

No further details of how rent controls would work precisely were given in the speech. However, Andrew Gwynne, Labour’s general election co-ordinator, later said “if New York has them then London can have them.”

Gwynne indicated that rents have soared under an unregulated rental market and action is needed to bring the costs down which will be fleshed out in a Green Paper in due course.

On the availability of housing in general Corbyn went on to say: “We also need to tax undeveloped land held by developers and have the power to compulsorily purchase.

“When councils come forward with proposals for regeneration, we will put down two markers based on one simple principle – regeneration under a Labour government will be for the benefit of the local people, not private developers, not property speculators.

“First, people who live on an estate that’s redeveloped must get a home on the same site and the same terms as before. No social cleansing, no jacking up rents, no exorbitant ground rents. And second, councils will have to win a ballot of existing tenants and leaseholders before any redevelopment scheme can take place. Real regeneration, yes, but for the many not the few.”

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TDS Foundation awards £94k towards improving PRS

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The Charitable Foundation of TDS deposit protection scheme made £94,054.94 in awards in latest round of funding. It hopes to break £500k in total by the next round of funding

The TDS Charitable Foundation awarded over £94,000 to organisations to advance education on housing rights and obligations in the PRS.

Now in its ninth round of funding in four years, the Foundation’s awards were split among ten organisations and charities across England.

The Foundation was established by Tenancy Deposit Scheme (TDS) to raise standards through education in the private rented sector.

Projects being awarded funding include:
• Easton and Lawrence Hill Neighbourhood Management
• Community Links Bromley
• South Hams Citizens Advice Bureau
• Father Hudson’s Society
• Centre for Sustainable
• Firvale Community Hub
• Living Options Devon
• Newcastle City Council (Private Rented Service)
• Avon and Bristol Law Centre (ABLC)
• Ealing Equality Council

To date, it has provided over £400k in funding support for organisations across England and Wales and hopes to top the half million-pound mark in its next round of funding.

Prof. Martin Partington CBE QC, Chairman of The TDS Charitable Foundation, said: “We’re proud to support the ten initiatives receiving awards. The PRS is often difficult to navigate but the projects we’re supporting will go somewhere to make sure that both landlords and tenants across the country know their rights and responsibilities.

“The TDS Charitable Foundation goes right to the heart of the private rented market, with grants aimed directly at benefitting tenants and landlords in communities across England and Wales.

“Applications from similar organisations for our next round of funding will be close on 4 October 2017 and we’d encourage any organisation or charity that educates and informs tenants, landlords or agents to apply.”

Organisations wishing to apply for support must submit their bids by 5pm on Wednesday 4th October 2017.

Further information on the application process and criteria are available here: http://bit.ly/TDS_Char

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If not me then who?

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If I do not continue to let out homes as a result of section 24 who will provide the housing?

Are there other options for renters aside from council and social options?

I am Intrigued to know if there are any other groups, aside from private landlords in the market as I have never come across them.

Posted with a genuine interest in who else is providing rental accommodation.

Many thanks

Richard

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Welfare Reform Week – Your chance to feedback to DWP on Universal Credit

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Caridon Landlord Solutions are pleased to announce that we are partnering with Property118 to bring to our readers Welfare Reform Week.

Throughout this week we will be providing free online advice to landlord’s with tenants that are in receipt of benefit’s covering various topics from:

• Housing Benefit overpayments
• Housing Benefit Suspensions to Universal Credit direct payments
• Universal Credit delay in payments

This will give landlord’s alike the opportunity to share their issues that they have faced both past and present and receive online immediate advice from an expert.

We understand that landlords main issue at present is dealing with the major flaws with the Department of Work and Pension’s (DWP) Universal Credit System.

This is your chance to feedback via Caridon Landlord Solutions straight to the DWP.

Please use the comments section below to express your experiences and thoughts regarding Universal Credit and its effect on the Private Rental Sector.

With the information raised we will provide feedback to DWP presenting the different scenerios requesting answers.

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