Bare Trust as IHT mitigation tool?

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I wonder if anyone could comment on this case.

Two sisters own an unencumbered (mortgage free) leasehold flat with share of the freehold on the residue of a 999-year lease, value approximately £1.2-1.5 million, in London as tenants in common.

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General Election 2019 – What we know so far

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Ahead of political parties launching their election manifestos over the next week, we look at some of the statements politicians from each of the three major parties have made when it comes to housing – and in particular the private rented sector. You can also check out the RLA’s six-point election manifesto which has been […]

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Welsh Government to pilot lease scheme for private landlords

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This week, the Welsh Government announced plans to introduce a pilot ‘lease’ scheme for private landlords, designed to increase housing stock in the country. The scheme would mean that local authorities in Wales would manage private rented stock themselves on behalf of landlords. In return, landlords would receive a guaranteed rental income at Local Housing […]

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Minister takes rent controls off the table…

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Rent Controls:

In a pre-elction
boost for buy-to-let landlords, housing secretary, Robert Jenrick has
indicated that he is not in favour of rent controls in the private
rented sector (PRS).

This comes as
officials have been discussing ending section 21 possession orders,
the two-month eviction notice that landlords can use to end a tenancy
without having to give a reason – the so called “no-fault”
eviction process.

Previous,
restrictions on rent increases in the PRS had been mooted as part of
the Government consultation on section 21 by a Housing, Communities
and Local Government select committee.

Mr Jenrick had said:

“I am not in
favour of rent controls. As I said, that has proven to be very
negative for both landlords and tenants in the past, and I do not
want to see any move in that direction.”

It was though
previously that rent controls would have to be part of any section 21
reforms as there was concern in some quarters that landlords would
simply use “rent hikes” to remove tenants if they lost their
‘no-fault eviction’ process.

The consultation
rubric had stated that:

“The Government is
clear that there must not be any mechanism for landlords to force a
tenant to leave the property by including clauses in fixed-term
tenancy agreements which hike up the rent by excessive or
unreasonable amounts just before the agreement is due to expire.”

However, rent
controls have received strong backing from London mayor Sadiq Khan,
who will make the issue part of his 2020 Mayoral re-election
campaign, similar to the policy outlined in the Labour’s Party’s
2017 election manifesto.

Rent controls or
some variant of them (rent stabilisation) have been introduced in
Scotland, the Irish Republic and in some countries in Europe. But
England has not seen rent control legislation since the Rent Acts,
pre 1989 when Margaret Thatcher’s government deregulated the
industry setting loose an unprecedented grow spurt in renting.

David Smith, of the
Residential Landlords Association trade body, told The Daily
Telegraph:

“We welcome the housing secretary’s recognition that rent controls are ultimately bad for tenants. All the evidence from around the world where they have been introduced shows that they reduce supply and drive up cost, making the situation for tenants worse.”

Consultation – A new deal for renting

The government mulls the return of rent controls

The Problems with Price Ceilings: Rent Controls – a YouTube Video

©1999 – Present | Parkmatic Publications Ltd. All rights reserved | LandlordZONE® – Minister takes rent controls off the table… | LandlordZONE.

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London council calls for ban on lettings boards

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Camden Council has outlined plans to ban all ‘to let’ signs in the borough. The Council have decided to apply for the ban after a consultation on the proposals that was run earlier this year revealed that 89% of respondents backed plans for a borough-wide ban. According to the council, the boards have caused 1,000 […]

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No change to Brexit – No change to Bank Base Rate

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There was no Monetary Policy Committee vote in October until today, supposedly post Brexit. Unsurprisingly the MPC voted by 7 to 2 to maintain the Bank rate at 0.75%.

The next MPC meeting is now due post general election on the 19th of December.

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3-bed end town-houses with yields of up to 6.7%

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Devonshire Gardens; a collection of 3-bed end town-houses starting at only £121,396 and with predicted yields of up to 6.7%.

Situated in the heart of Blackpool, Devonshire Gardens is a mixed development of 1, 2, 3, 4 &

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Type of bedroom door locks in HMOs

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This is probably a bit of a silly question, but I very new the HMO game and I am refurbishing my property myself (being new to refurbishing a property as well)

My question is about bedroom door locks.

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Controlling moisture and condensation in homes

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Condensation and
mould:

This time of year,
as the temperature drops, both new homes and old homes are
susceptible to the formation of condensation and unsightly mould: new
homes because they are effectively a sealed box, and old homes
because they often lack effective wall insulation.

Internal moisture
build-up is a particular problem for landlords because tenants often
complain to the landlord when they see black mould, with little
understanding of the cause – they blame the building (landlord)
when more often than not they are not maintaining a living / moisture
balance.

Moisture balance

Moisture is
something that’s a part of living in a home, but it needs to be
carefully controlled to achieve a balance which maintains comfort and
good health.

A proper
understanding of what causes moisture build-up and condensation goes
a long way to minimising its harmful effects.

It’s almost
impossible to elimination all signs of condensation however small,
even in a new home. But there are certain things that are complete No
Nos when it comes to condensation, and sometimes landlords must be
prepared to educate their tenants about this.

There are three main causes of moisture build up inside a home:

1. From
   construction / renovation work where plaster and screeds need time
   to dry out properly.
2. From leaks and
   spills, where water enters the fabric of the building from bust
   pipes, flooding, overflowing baths and showers and leaking washing
   machines etc
3. Moisture
   generated by the occupants from everyday living which can generate
   large amounts of moisture. The amount will vary depending on
   lifestyles, household size and time of year.

Points one and two
are less common, but point three is prevalent in most homes, so
householders need to be informed as to the best way to deal with
this.

A New Moisture
Guide

A New guide from the
UK Centre for Moisture in Buildings (UKCMB), supported by the NHBC
Foundation, explains where moisture comes from and identifies actions
that can be taken by occupiers to maintain the right moisture balance
in a home.

The guide explains
why moisture balance is important, how to identify moisture
generation and what to do to minimise excess moisture and its harmful
effects.

This UKCMB guide
highlights good practice to ensure that occupiers achieve a correct
moisture balance in the home, including:

• keeping the
  home adequately heated in cool or cold weather – a minimum of 18
  degrees at all times should be maintained. This is one of the main
  reasons why tenanted properties often suffer from black mould
  build-up

• keeping trickle
  vents open to create minimal ventilation
• opening windows
  when and where excess moisture is generated
• making sure
  that extractor fans and cooker hoods are working and used when
  showering and cooking – the two main sources of moisture
  generation – extract the moisture at source and it cannot affect
  the rest of the home
• avoiding drying
  clothes on radiators and anywhere else internally, and make sure
  that tumble dryers have a proper extraction system
• moist air is
  warm air, so it rises to the highest points in the property, where
  most condensation and mould will appear – bedrooms and bathrooms.

• Keep rooms
  clutter free to allow air movement within and between rooms.

The guide includes a
moisture calculator that enables one to estimate a level of moisture
generation and a video from UKCMB: Moisture guidance all for existing
homeowners, landlords and tenants.

Main
moisture-generating activities in homes

A table compares 4
different types of household and their typical daily activities and
shows average moisture amounts generated each year.

A flowchart helps
the occupant identify any issues resulting from excess moisture in
the home with an easy step-by-step process with guidance.

Richard Smith, Head
of Standards, Innovation & Research at NHBC, say:

“This guide from
UKCMB highlights the importance of moisture control in homes and of
ensuring homeowners have all the knowledge and tools available to
them to ensure a healthy home. NHBC Foundation are delighted to
support UKCMB in the production of this publication.”

Moisture in new homes: a guide for occupants

©1999 – Present | Parkmatic Publications Ltd. All rights reserved | LandlordZONE® – Controlling moisture and condensation in homes | LandlordZONE.

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Call of the Week: Universal Credit

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Universal Credit can be a complicated topic for landlords, but fortunately our advice team is on hand to answer questions landlords may have on this topic. Since its introduction. research for the RLA published this year shows that over half of landlords (54%) with Universal Credit claiming tenants had experienced those tenants going into rent […]

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