This month in Westminster: FIVE important things landlords need to know

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It has been a busy month in Westminster, and as Parliament has now broken up for the summer recess, it’s time to take a look back at five of the key announcements affecting private landlords that happened in the last month. 1) Updated How to Rent Guide Two weeks from the previous update at the […]

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Shared occupancy test for rent-a-room relief adds unnecessary complexity

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The government has agreed to retain rent a room relief at its current level of £7,500 per annum. However, it has also proposed a new “shared occupancy test� in order for those renting their spare rooms to continue to qualify for the relief.

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PRS critical HFI report – A Time for Good Homes

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The Housing & Finance Institute have released a report titled A Time for Good Homes – a discussion paper on meeting the needs of the generation that housing forgot. Click Here to read the full report.

The report is Critical of the Private Rental Sector stating:

“Over the last 15 years the type of housing that is provided across the country has been dramatically reshaped.

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Can I buy Mother’s house in installments as IHT planning?

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Hi everyone, I have tried searching the archives but I cannot find a definitive answer for my question.

I’d like to know if it is possible to add my name to the deeds of a property by way of payment

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Consultation on Energy Performance Certificates

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EPCs:

With the recent introduction of the new legal minimum energy efficiency standards (MEES) – effective from April 2018 – which apply to rented residential and commercial buildings, the Government has decided to launch a consultation on the workings of EPCs in buildings.

The Department for Business, Energy & Industrial Strategy (BEIS) says it is seeking evidence on how EPCs currently perform against 3 attributes:

• Quality
• Availability
• encouraging action to improve energy efficiency

BEIS outline suggestions for improvement, many of which have been advocated by businesses and industry representatives, and are asking for views on these suggestions.

BEIS say that the list of suggestions is not exhaustive, and inclusion or exclusion should not be taken as an indication of government policy. Additional ideas are welcome it says, as are views about the relative impact of the ideas listed, and how they might be implemented to best effect.

BEIS would like to hear from:

• building owners and occupiers in both the domestic and non-domestic sectors
• estate agents and others involved in the sale or lease of buildings
• all parts of the energy efficiency products supply chain – EPC assessors, accreditation bodies, software providers and enforcement bodies
• anyone else who regularly uses EPCs

The consultation, which can be accessed on the Government’s website here, is inviting responses by the 19th October 2018.

MEES was introduced from the 1st April 2018, now a legal requirement for rented properties which require a minimum energy performance rating of E on the Energy Performance Certificate (EPC). These regulations apply to new tenancies and renewal tenancies now, and will apply to existing tenancies from the 1st April 2020.

A formal Government response setting out the Government’s views on the issues raised by the consultations will be published later this year.

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