Property Tribes director makes mercy mission to Ukrainian border
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Property Tribes director Nick Tadd is urging the sector to get behind his one-man humanitarian mission to deliver supplies to Ukrainian refugees.
Tadd is driving to the Ukrainian border in Poland with a car and trailer loaded up with water, baby milk, non-perishable foods and hygiene products, as well as warm clothes that he plans to distribute. He’s making the spontaneous 20-hour solo trip after feeling compelled to act and has already raised £2,395 of the £3,000 target on his Just Giving page.
Mammoth journey
He plans to use the money to buy more supplies once he arrives in Poland, Tadd tells LandlordZONE, after only grabbing a few hours’ sleep in his car on the mammoth journey. “I hope to hook up with an NGO when I get there and am going to offer my services and hang around for a few days,” he says. “If they can tell me what they need I will try and source it, perhaps in a Polish cash & carry, and will keep going backwards and forwards until I’ve exhausted it.”
Tadd admits he has never done anything like this before but realised that by making the trip himself, 100% of funds raised would go direct to refugees. And while he doesn’t think it will be dangerous, he admits the experience will probably be emotional.
Donation plea
“Some remarkable things have happened since I set off yesterday – the momentum behind this has been quite humbling,” he adds. “Platinum Property Partners donated £1,000 to get the mission underway and I know there’s a huge groundswell of people wanting to do something, so please give whatever you can,” he urges LandlordZONE readers. “Every penny raised will go to assisting the Ukrainian refugees.”
You can donate at www.justgiving.com/crowdfunding/ukrainemissionnick
©1999 – Present | Parkmatic Publications Ltd. All rights reserved | LandlordZONE® – Property Tribes director makes mercy mission to Ukrainian border | LandlordZONE.
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The National Landlord Investment Show returns to London, Old Billingsgate, March 15th
Widely considered the UK’s number one landlord and property investment exhibition, the National Landlord Investment Show returns to Old Billingsgate, in the heart of London on March 15th for the first show of 2022. With 100+ exhibitors, 50+ speakers &
View Full Article: The National Landlord Investment Show returns to London, Old Billingsgate, March 15th
‘UNFAIR’: Landlord faces £5,000 fine for deposit protected six months late by her lettings agency
A landlord with a property in West Essex has urged LandlordZONE readers to be more careful when trusting agents to protect their tenants’ deposits via one of the government’s approved schemes after a vindictive renter took her to a property tribunal.
The female landlord, who wishes to remain anonymous until the legal process is exhausted, faces paying up to £5,000 to her former tenant after her letting agency protected his deposit with an approved scheme six months after the statutory 30-day deadline.
The tenant had caused water damage to the property during his 18-month stay between 2000 and 2021 and she sought to deduct money from his deposit via the deposit scheme’s redress process.
This deduction went ahead following the mediation process, but the tenant was then tipped off about late protection of the tenancy deposit and has now taken her to a First Tier Property Tribunal to claim up to three times his monthly rent in compensation via a ‘no-win, no-fee’ firm of solicitors
Tribunal
The landlord tells LandlordZONE that she spoke to the agency who had managed the property and asked that they help foot the bill for any potential award given by the tribunal.
But the agent inaccurately said it’s the landlord who is responsible, not the agent, and refused to get involved.
The landlord also says her deposit scheme has refused to give her any information that might help, which she needs as her letting agent went bust soon after the tenant left the property, so she needs confirmation that it was her agent who submitted the deposit late.
The lettings agency has subsequently started trading once again under new ownership and says the dispute is between the landlord and the firm’s previous owners.
“Since I got the letter from the solicitors I’ve been on anti-depressants because I can’t cope,” she says. “I feel everyone involved be it the deposit protection scheme or the letting agents have all left me high and dry to face this vindictive tenant alone. Where am I going to find £5,000?
“I keep wondering why the tenant would do this – but I suppose, like PPI claims, it’s because they can.”
Warning
The landlord says she wants other landlords to understand their responsibilities under the Housing Act 2004 and that they should not assume they are protected when a letting agency lodges a tenant’s deposit on their behalf via one of the three schemes – DPS, TDS and mydeposits.
“I did a ‘secret shopper’ ring-around of several agents in the area to ask them who is responsible for deposits, and many of them said it wasn’t the landlord – so even they don’t even know the law,” she adds.
“It has made me super aware of all of the regulations and rules governing the industry because it turns out I’m the one who foots the bill if it’s done incorrectly.”
Expert opinion
Sean Hooker, Head of Redress at the PRS, which was not involved in this case, says: “This is a tragic but rare set of circumstances.
“Both the landlord and the agent are jointly responsible for protecting the deposit once the tenant pays it over to the agent.
“If the deposit is not protected and the correct information provided to the tenant in time, then both parties are jointly responsible, but it is usually the landlord who is taken to court.
“A landlord cannot say it is ‘nothing to do with them’. They will have to deal with the situation and take their own action against the agent, either through a redress scheme or the courts. In this case, as the agent no longer exists, the landlord faces the rap on their own.”
©1999 – Present | Parkmatic Publications Ltd. All rights reserved | LandlordZONE® – ‘UNFAIR’: Landlord faces £5,000 fine for deposit protected six months late by her lettings agency | LandlordZONE.
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Landlords fail to win judicial review of ‘impractical’ out of hours decision in Northern Ireland
Private landlords in Belfast are frustrated that they have been prevented from launching a further legal challenge against being put on call around the clock.
The High Court ruled this week that they must provide an emergency out-of-hours contact number for dealing with anti-social behaviour – and has dismissed an application for a judicial review, The Irish News reports.
A judge rejected claims by the Landlords Association for Northern Ireland (LANI) that they have been unreasonably burdened by the new licence condition introduced as part of efforts to tackle nuisance residents in HMOs.
The judge was referring to ongoing problems with antisocial behaviour in the city, in particular near student HMOs where late-night street parties in the Holyland area of the city are common.
LANI argued that this put landlords on call “24/7, 365 days a year” and claimed it was an impracticable obligation for members with up to 100 tenants on their books.
Middle of the night
It said landlords contacted in the middle of the night would be able to do nothing more than could be achieved during office hours. Failure to comply could lead to prosecution or being taken off the HMO licence register.
However, Mr Justice Scoffield said there was no expectation of action being taken in the middle of the night to terminate leases or serve notices to quit, instead, the council was seeking to leverage any available influence over nuisance residents.
He added: “A landlord, or agent who manages the property, may have an ongoing and/or personal relationship with the tenants (and/or, in the case of student tenants, their parents) which might make the tenants more amenable to persuasion to moderate their behaviour at the landlord or agent’s behest.”
He said that in some cases, a landlord’s intervention might be effective when engagement with council or police officers was not.
Justice Scoffield added: “There may be less of an element of bravado involved in dealing with the landlord than there may be dealing with police or council officers, for a variety of reasons.”
©1999 – Present | Parkmatic Publications Ltd. All rights reserved | LandlordZONE® – Landlords fail to win judicial review of ‘impractical’ out of hours decision in Northern Ireland | LandlordZONE.
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LATEST: Birmingham rubber stamps launch of UK’s biggest selective licensing scheme
Birmingham Council has approved the UK’s biggest selective licensing scheme and is now waiting for Levelling Up Secretary Michael Gove to give it the go-ahead.
Landlords across 25 wards including North Edgbaston (pictured), South Yardley and Sparkhill are set to need a licence as the city bids to tackle crime and deprivation.
The scheme covers 40,000 properties, meaning that the £700 licence fee would generate an income of £28 million for the authority.
A previously suggested £670 fee was increased to meet extra staffing costs.
Birmingham hopes that selective licensing will improve 1,000 properties in the private rented sector each year as a result of the intervention and believes it will reduce the deprivation gap between the 25 proposed wards and the rest of the city.
Rights and responsbillities
A council report explains: “It may be that tenants in these properties are wary of complaining or may not know their rights or the responsibilities of their landlords.”
The council’s report adds that its scheme will contribute to alleviating fuel poverty because measures to improve standards will ensure that heating appliances are properly checked, maintained and working efficiently.
It says: “Improvements in the housing standards should also make properties more secure which should assist with minimising crime, particularly burglary. The availability of and living in improved housing conditions should contribute to a reduction in homelessness.”
Arbitration
As a result of its consultation, the council will consider if it can provide support or signposting for arbitration between landlord and tenant disputes and has also promised to investigate providing online annual updates on the delivery of outcomes for the scheme.
Its consultation showed that only a minority of landlords and letting agents believed that a selective licensing scheme would address crime and deprivation while the majority of other respondents agreed it would.
©1999 – Present | Parkmatic Publications Ltd. All rights reserved | LandlordZONE® – LATEST: Birmingham rubber stamps launch of UK’s biggest selective licensing scheme | LandlordZONE.
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Renters union ACORN apologises unreservedly to Landlord
Renters union ACORN apologises unreservedly to Landlord: Click here
Apology and Correction: “We provide this Apology and Correction in order to apologise to Zobia Rafique and Century One Estates Ltd in relation to very serious, defamatory and false allegations that we made about them in publications dated 20 December 2020
View Full Article: Renters union ACORN apologises unreservedly to Landlord
Paying for major works in March – which tax year?
Hi, my managing agents to a flat I rent are asking for a £2k payment for major works, which is fine as they have done the section 20.
The question I have is if I paid it now (March 2022)
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The Ukraine Crisis and Its Affects On UK Property Prices
The Ongoing Ukraine Crisis has changed the property investment market. It’s important to know how this will affect UK Property Prices now and in the future, so you can be savvy with your money.
Join me for this month’s property market update as I will provide my best recommendations for the future of Property Investment.
View Full Article: The Ukraine Crisis and Its Affects On UK Property Prices
BLOG: Can selling property at 80 or 90% of its market value ever make sense financially?
You may have read the recent article about why a private Landlord with a portfolio of 200+ buy-to-lets would choose to sell his properties for 80-90% of the market value. Now it’s time to hear from him in his own words.
When Alasdair decided it was the right time to scale back from his full-time business of being a private landlord, he tried to sell his properties for 100% of the market value through traditional estate agents and treaty sales.
But through experience he realised that the higher price he thought he was getting took far longer, increasing the amount of time that the properties stood empty before, during and after a sale, ultimately costing him more than accepting a sale at 80 – 90% of their value which only took 28 days. That’s when he turned to Landlord Sales Agency.
“Having 200+ property portfolio can sound very exotic and what have you but in reality it’s all-consuming,” he says.
“So we’ve got to a point now where we think it’s time to downsize.”
Alasdair is not alone. Across the UK landlords are looking to sell their portfolios in full, so they can cash in and retire.
With taxes, new regulations, and an uncertain economy, prices may never be this high again. The window to sell is closing, the time to act is now, and the team at Landlord Sales Agency have proven they can get the job done.
Watch Duncan talk more about why he sold up
CONTACT LANDLORD SALES AGENCY TODAY
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©1999 – Present | Parkmatic Publications Ltd. All rights reserved | LandlordZONE® – BLOG: Can selling property at 80 or 90% of its market value ever make sense financially? | LandlordZONE.
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Can selling property at 80 or 90% of its market value ever make sense financially?
You may have read the recent article about why a private Landlord with a portfolio of 200+ buy-to-lets would choose to sell his properties for 80-90% of the market value. Now it’s time to hear from him in his own words.
When Alasdair decided it was the right time to scale back from his full-time business of being a private landlord, he tried to sell his properties for 100% of the market value through traditional estate agents and treaty sales.
But through experience he realised that the higher price he thought he was getting took far longer, increasing the amount of time that the properties stood empty before, during and after a sale, ultimately costing him more than accepting a sale at 80 – 90% of their value which only took 28 days. That’s when he turned to Landlord Sales Agency.
“Having 200+ property portfolio can sound very exotic and what have you but in reality it’s all-consuming,” he says.
“So we’ve got to a point now where we think it’s time to downsize.”
Alasdair is not alone. Across the UK landlords are looking to sell their portfolios in full, so they can cash in and retire.
With taxes, new regulations, and an uncertain economy, prices may never be this high again. The window to sell is closing, the time to act is now, and the team at Landlord Sales Agency have proven they can get the job done.
Watch Alistair talk more about why he sold up
CONTACT LANDLORD SALES AGENCY TODAY
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©1999 – Present | Parkmatic Publications Ltd. All rights reserved | LandlordZONE® – Can selling property at 80 or 90% of its market value ever make sense financially? | LandlordZONE.
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