May
12

Housing market to reopen

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Landlords can now hold viewings and allow tenants to move in and out of rental homes – provided they follow social distancing measures. The changes to the rules -­ amendments to the Health Protection (Coronavirus, Restrictions) regulations in England – means estate and letting agents’ offices can open; viewings are permitted; show homes can open; […]

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May
12

BREAKING: Rental market to reopen tomorrow after travel restrictions are lifted for landlords, tenants and agents

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Short but hugely important changes have been made to the key travel ban legislation this evening, amendments which are due to go live at midnight tonight.

The government has pushed through legislative changes
tonight that will see the rental market reopen tomorrow in England.

In an obscure update to the Health Protection (Coronavirus, Restrictions) (England) Regulations 2020, landlords will now be free to let their properties and tenants now have the green light to move home.

This bill has been – and continues to be – used to restrict travel during the Coronavirus crisis and includes a short list of exemptions such as travelling to a hospital and to buy food.

This list has now been joined by five new exemptions that enable members of the public to visit both sales or lettings agencies, developers’ sales offices and show homes; view properties for sale or rent; prepare properties prior to moving in; and move home.

Agents and landlords are also allowed to visit any rental property to get them ready for sale, which means appraisals, property valuations and photography.

The new travel exemptions also apply to the sales market,
and landlords will therefore be able to begin buying investment properties once
more too.

“It’s great news for consumers and the industry that the housing market is being opened up and people can let, rent, buy and sell properties again,” say David Cox, Chief Executive of ARLA Propertymark and Mark Hayward, Chief Executive of NAEA Propertymark in a joint statement.

“Safety of course will be paramount, and we would encourage everyone to ensure that they follow Government guidelines closely to protect others and themselves.”

©1999 – Present | Parkmatic Publications Ltd. All rights reserved | LandlordZONE® – BREAKING: Rental market to reopen tomorrow after travel restrictions are lifted for landlords, tenants and agents | LandlordZONE.

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May
12

Bounce Back Loans for property businesses – Part 2

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Our last video on the Bounce Back Loan Scheme and how property businesses are eligible, has given rise to a lot of discussion on Property118 and elsewhere on social media.

In this video Andrew Roberts and I return to give an important update including:

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May
12

MPs quote NRLA policy proposals during Covid-19 inquiry evidence session

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NRLA policy proposals were quoted by MPs during a virtual oral evidence session of the Housing, Communities and Local Government select committee yesterday. The committee heard evidence virtually from Luke Hall MP, the Minister responsible for tackling homelessness, as part of the inquiry on the impact of Covid-19 on the PRS and homelessness. During the […]

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May
12

‘This is what your evictions extension plan could mean for landlords, Mr Starmer’

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Landlord Action claims any extension to the three-month evictions ban would have a catastrophic effect on an already desperate situation for many landlords stuck with non-paying tenants.

Thousands of landlords are
stuck with tenants who haven’t paid rent for months and who could be living
rent-free in their properties until at least September.

Those with pre Covid-19
possession cases could be forced to cover more than a year’s worth of rent if
the courts can’t resume existing cases from 25th June, according to Landlord
Action – after the Labour Party suggested an extension to the ban on evictions
from three to six months.

Landlord Action says of 25,000 cases stuck in the legal system, 10,000 are from private landlords. With more than 500 live possession claims with the courts, founder Paul Shamplina is being contacted daily by landlords who’d launched eviction proceedings against tenants for non-payment of rent before the ban and now face financial collapse.

“Existing possession claims should be treated separately to any tenancy issues that arise as a result of Covid-19,” he says.

“Cases
where rent arrears had already built up for months and landlords had sought
action prior to the pandemic should be prioritised, as these landlords will be
taking the biggest financial hit.”

Landlord David Walters’ tenant owes him £12,000 but her refusal to leave or pay means he can’t return from abroad to his London flat.

The tenant was consistently
late paying rent so was given two months’ notice last June. David raised court
action in October when she refused to leave, and then sought a baliff’s order which should have happened in April, but the
lockdown meant no further action could be taken for 90 days.

“I’m
in a desperate situation as I have no home to return to in the UK,” he says.
“I’ve no idea when this situation can be resolved. Even when the central London
court reopens there will be a huge backlog of cases.”

©1999 – Present | Parkmatic Publications Ltd. All rights reserved | LandlordZONE® – ‘This is what your evictions extension plan could mean for landlords, Mr Starmer’ | LandlordZONE.

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May
12

LATEST: Scottish government to allow University students to exit tenancies early

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Scotland is first to solve the ongoing problems between corporate landlords and students over rent waivers and is to pass emergency legislation to give existing and new tenants the right to quit contracts early.

Scotland is to introduce emergency legislation to give students living in both purpose-built private rented apartment blocks and halls of residence the right to give just seven days’ notice to quit a tenancy.

The new regulations, which are subject to approval by the country’s parliament, will cover existing tenancies while those starting new ones will have to give 28 days’ notice while the temporary legislation is in force.

These measures are designed to protect both existing tenants who have been told to ‘go home’ by their universities, and student renters who are considering a tenancy for the next semester, but who are not sure if their campus will be re-opening in time.

The measures will only allow early exits from tenancies for Coronavirus-related reasons and will prevent students exiting contracts just because they’ve decided not to go to university, for example.

Today’s announcement is in stark contrast to England, where the government recently said it had no plans to intervene in the student rental market, as LandlordZONE reported on 28th April.

“During this time of great uncertainty and financial hardship for many, these proposals would relieve a significant extra financial burden on students,” says Michael Russell, the Scottish government’s Cabinet Secretary for the Constitution, Europe and External Affairs.

“Introducing a 28-day notice period for contracts entered into during the lifetime of this Act recognises the uncertainly around the impact of ongoing lockdown measures, as well as providing the same rights as for those students renting in the mainstream private rented sector.”

The new legislation is within Scotland’s latest Coronavirus specific bill, which was published yesterday afternoon.

©1999 – Present | Parkmatic Publications Ltd. All rights reserved | LandlordZONE® – LATEST: Scottish government to allow University students to exit tenancies early | LandlordZONE.

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May
12

Will it get the green light? Croydon Council approves bid to continue huge licensing scheme

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The London borough operates one of the largest selective licensing schemes in the UK with over 36,000 properties not included within its area, which is now set to continue for another five years.

Croydon last night gave the green light to renewing its landlord licensing scheme for another five years, LandlordZONE can reveal.

After being approved by the council cabinet, the plan will now go to the Secretary of State. It includes an improved support service for landlords and tenants in the London borough, including a tenants’ welcome pack and template documents so it’s easier to do inspections and safety checks.

Croydon
council consulted residents, landlords, letting agents, community groups and
the public, and found most support for the most comprehensive scheme, which
covered the whole borough, targeting antisocial behaviour in six wards in the
south and poor housing conditions in 22 wards, mainly in the north and centre.

The council
launched its borough-wide scheme in 2015 which now covers more than 36,400
properties but is due to end in September.

The existing
scheme has inspected over 13,000 properties, served more than 1,000 enforcement
notices, issued 75 prohibition orders, and fined or prosecuted over 40
landlords.

Councillor Alison Butler (pictured), deputy leader and cabinet member for homes and Gateway services, says:“Over the last five years our landlord licensing scheme has raised living conditions for thousands of private tenants across the borough, but we want to do more.

“With a rise
in private lettings, these proposals are all about working with landlords and
tenants to further improve the standard of rented homes in Croydon while
tackling antisocial behaviour.”

The standard
cost for a five-year licence remains £750, with some discounts available
including a £350 fee for current licence holders.

©1999 – Present | Parkmatic Publications Ltd. All rights reserved | LandlordZONE® – Will it get the green light? Croydon Council approves bid to continue huge licensing scheme | LandlordZONE.

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May
12

Stepping up further and offering a free basic single or joint Will

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For many years, Property118 and H D Consultants have worked very closely together. The Team at H D Consultants has provided experienced, qualified and fully insured mortgage, life cover and estate planning advice.

At this time, whilst more and more people are worried about their current jobs and businesses

The post Stepping up further and offering a free basic single or joint Will appeared first on Property118.

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May
12

LATEST: Ombudsman reveals shock case of cash payment hidden from landlord by agent

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TPO has ordered the agent to return the cash, which was paid by a council as an incentive to give one of its tenants a home within the landlords’ property.

A letting agent who kept a £2,500 council ‘tenant finder’ sweetener hidden from a landlord has been ordered to hand the cash back by The Property Ombudsman (TPO), one example of a rising number of complaints by landlords against agents revealed in its annual report.

The landlord
had instructed the agent on a full management basis who then suggested it try
using the incentive scheme run by the council – but failed to mention anything
about the payment.

When the
landlord complained, the agent replied, “the claim of dishonesty will continue
to fall upon deaf ears”.

TPO has ruled that the incentive payment formed part of the tenant’s offer to rent the property and that agents must not make ‘secret profits’.

It said: “If such a sum is to be charged (or kept), then failure to tell a landlord about this could constitute a misleading action or omission likely to affect their transactional decision and could therefore be an offence under the CPRs (Consumer Protection for Unfair Trading Regulations).”

Complaints

The way agents
dealt with complaints was again in the top three causes of complaints for
lettings, according to the Property
Ombudsman’s annual report.

Management, communication and record keeping, and tenancy agreements, inventories and deposits
were also cited by complainants, 50% of whom were landlords.

The report reveals that TPO dealt with 2,518 complaints relating to lettings – up 2% on the previous year – making the biggest award of £17,644. Last year, 67% of complaints were supported by the Ombudsman, which made an average award of £635.

©1999 – Present | Parkmatic Publications Ltd. All rights reserved | LandlordZONE® – LATEST: Ombudsman reveals shock case of cash payment hidden from landlord by agent | LandlordZONE.

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May
12

Landlords facing a year’s worth of rent arrears if eviction ban is extended

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Leading Landlord and Tenant Solicitors firm, Landlord Action, says that any extension to the ban on evictions, as called for by Labour, could cause financial ruin to landlords who already had possession cases for rent arrears going through the courts prior to the ban. 

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