Jul
9

BREAKING: Landlords told how they should deal with self-isolating tenants

Author admin    Category Uncategorized     Tags

The government has clarified the approach landlords and letting agents should take towards self-isolating tenants who are due to move out of a property.

In response to a written question from Labour MP Steve McCabe, Junior Housing Minister Eddie Hughes said it had strongly urged accommodation providers to be flexible in extending tenancies and delaying moves if tenants were isolating due to Covid.

He added: “However, under The Health Protection (Coronavirus, Restrictions) (Self-Isolation) (England) if someone is legally obliged to move, they are allowed to do so even if isolating.”

It follows a BBC news report about students who were due to leave their accommodation when one tested positive meaning that she and three housemates were legally obliged to self-isolate.

Break the rules

With their tenancy agreement coming to an end, they decided to break the rules to move back home as their landlord was going to charge a month’s rent, a 30-day cancellation notice fee and the upkeep of the next tenants – which would have cost thousands.

A government spokeswoman told the BBC that students who are required to self-isolate should seek to delay their move with support from their university.

It added: “We strongly urge accommodation providers and private landlords to come to amicable agreements with students, and to change move dates to ensure students are able to complete their self-isolation periods.”

The National Residential Landlords Association says landlords must respect the required isolation period during which households should not move. A spokesman tells LandlordZONE: “We also encourage landlords to show as much flexibility as possible to support their tenants and help efforts to halt the spread of the virus.”

©1999 – Present | Parkmatic Publications Ltd. All rights reserved | LandlordZONE® – BREAKING: Landlords told how they should deal with self-isolating tenants | LandlordZONE.

View Full Article: BREAKING: Landlords told how they should deal with self-isolating tenants

Jul
9

85% of tenants are ‘happy with their landlord’ says new report

Author admin    Category Uncategorized     Tags

The vast majority of private renters in England are satisfied with their accommodation and experience of renting – especially when they deal directly with a landlord.

The English Housing Survey for 2019/20 reports that 83% of private renters were satisfied with their homes and 85% happy with their landlord, a figure that has remained constant over the past 10 years. However, the proportion of satisfied social renters stands at 78%, having fallen from 81% in 2018/19.

The government’s survey also revealed that tenants generally had a more positive experience of renting when dealing directly with a landlord than a letting agent.

Private renters were asked how satisfied they were with the services provided by the landlord or, if they rented through a letting agency, letting agent from first contact to the day they moved into the property.

It found 85% were satisfied where services were provided by their landlord, while 79% said the same where they were provided by a letting agent.

It reports that 75% of private renters are satisfied with the way their landlords carry out repairs and maintenance, the highest figure for about a decade. In contrast, 66% of social renters were satisfied with their landlords’ work, down one percentage point from the previous year. 

nrla ben beadle new pic

National Residential Landlords Association chief executive, Ben Beadle (pictured), says: “The NRLA is mindful of the challenges the private rented sector is confronted with and remains firmly committed to tackling them in a spirit of co-operation between tenants, landlords and government.

“However, today’s figures demonstrate that the vast majority of private renters are satisfied with their accommodation and the service being provided by their landlord. This positive feedback is representative of tenants’ experiences across the private rented sector, and it is through this lens that future changes need to be seen.”

©1999 – Present | Parkmatic Publications Ltd. All rights reserved | LandlordZONE® – 85% of tenants are ‘happy with their landlord’ says new report | LandlordZONE.

View Full Article: 85% of tenants are ‘happy with their landlord’ says new report

Jul
9

Have I been scammed into Leasehold?

Author admin    Category Uncategorized     Tags

I have just purchased a house from an auction and the legal pack said the house was Freehold, even Land Registry right now says the house is Freehold

However, only one day before the auction, the auctioneers put a document in the legal pack saying it has a 999 years Leasehold.

The post Have I been scammed into Leasehold? appeared first on Property118.

View Full Article: Have I been scammed into Leasehold?

Jul
9

Selective licensing forces more landlords to use letting agents, council claims

Author admin    Category Uncategorized     Tags

Peterborough council has claimed that selective licensing schemes compel more landlords to switch from self-managing their properties to using a letting agent.

The claim was made this week at the meeting of a scrutiny committee looking at the success of Peterborough’s large selective licensing scheme which is due to end in October.

A new scheme is to be submitted to the secretary of state for approval, which may include more wards than the original scheme following calls for the scheme to be expanded

So far 6,500 licences have been issued to private landlords and 227 properties inspected but with a further 551 due to be inspected including 180 that the council suspects don’t have licences.

Landlords prosecuted

Peterborough council has also prosecuted 15 landlords for non-compliance with the selective licensing scheme regulations, it was revealed.

Jo Bezant, a prevention and enforcement service manager for housing, told councillors at the meeting that most private landlords the council contacted to chase them up on getting a licence, then applied for a licence.

Bezant added: “It’s gone really, really well. What we’ve found has happened is landlords that didn’t know what they were doing – they had one property or two properties – a lot of those have moved and given their properties to agents so the agents manage them,” the Peterborough Telegraph reports.

“So we’ve seen a rise in professionalism of landlords through the management of the properties. And also a lot of landlords went on and did their own accreditation – so went off and became educated in what they should be doing and their legal responsibilities.”

The main reason for non-compliance was from landlords who did not believe the council would take enforcement action, she added.

Read more about selective licensing.

©1999 – Present | Parkmatic Publications Ltd. All rights reserved | LandlordZONE® – Selective licensing forces more landlords to use letting agents, council claims | LandlordZONE.

View Full Article: Selective licensing forces more landlords to use letting agents, council claims

Jul
8

Have you paid a problem tenant to leave?

Author admin    Category Uncategorized     Tags

My name’s Melissa Lawford and I’m the property correspondent at The Telegraph. We’re running a story on a report which says that some landlords who are worried about the slow and restrictive eviction process have tried to pay problem tenants to leave their properties.

The post Have you paid a problem tenant to leave? appeared first on Property118.

View Full Article: Have you paid a problem tenant to leave?

Jul
8

83% of PRS tenants are happy with their homes

Author admin    Category Uncategorized     Tags

Figures from the English Housing Survey for 2019/20 report that 83% of private renters were satisfied with their current accommodation, a figure that has remained constant over the past 10 years.

In comparison, the proportion of social renters satisfied with their accommodation stands at 78%

The post 83% of PRS tenants are happy with their homes appeared first on Property118.

View Full Article: 83% of PRS tenants are happy with their homes

Jul
8

LATEST: Tribunal backs landlords over contested Rent Repayment Order claim

Author admin    Category Uncategorized     Tags

An evicted tenant’s claim for a Rent Repayment Order was rejected after she failed to prove her former home was an HMO.

A First Tier Property Tribunal ruled there was no evidence the four-bedroom house in Enfield Terrace, Birkenhead had needed an HMO licence in August 2019 – just before tenant Abbey Stewart was forced to leave following a possession order.

It heard that Stewart moved into the property in June 2018 agreeing to pay landlord couple Mark and Myriam Spence £360 rent a month.

She shared the property with three others while the couple were abroad. Rent totalling £1,047 was paid between June and October 2018 but no payments were made until October 2019 when £690 was paid.

Court proceedings

In March 2019 they began court proceedings and, following a hearing in the Birkenhead County Court, repossession was ordered by 29th August, and the couple were awarded a money judgement for rent arrears of £4,061.

Stewart claimed the property should have had a licence. She also complained it did not have adequate fire exits, while she was not given any formal documents such as ‘how to rent’ or a gas safety certificate. She said the couple ignored her requests to try to pay the rent and claimed to have been harassed.

Rules broken

The Spences said they had rented out the house – their sole property – to friends. They told the tribunal that Stewart broke all the house rules; as part of their repossession claim they said she regularly brought illegal drugs into the property and held rave-style parties. They did not accept it was an HMO at the time and denied any intimidation.

The tribunal ruled that while there may have been times in the earlier part of the tenancy that the property was an HMO, it was clear that Stewart was the only occupier of the property during August 2019, if not also for a period before that. It also found no compelling evidence of any other relevant offence having been committed.

Read a guide to renting HMOs.

©1999 – Present | Parkmatic Publications Ltd. All rights reserved | LandlordZONE® – LATEST: Tribunal backs landlords over contested Rent Repayment Order claim | LandlordZONE.

View Full Article: LATEST: Tribunal backs landlords over contested Rent Repayment Order claim

Jul
8

Commercial rent arrears on the decline – new research

Author admin    Category Uncategorized     Tags

The pandemic has created a swath of tenants in arrears with their rent payments, but there are encouraging signs the worst might be over, says Tom Entwistle

Property management software company, Re-Leased collected anonymised and aggregated data directly from over 10,000 UK properties and 35,000 leases, not relying on surveys or secondary data collections.

The company says it is confident about the validity of this data as its formation is a direct result of bank statements, with entries being matched and reconciled to rental invoices.

Their research took data samples of new rent collection figures to analyse rent collections 7 days after commercial rents were due on 24th June 2021. The figures reveal that commercial tenants in the UK over all sectors have paid 50% of all rents due at the 7-day mark since the June quarter day, which is down just 1% from the same point in the previous March 2021 quarter.

This shows an increase of 32% compared to rent collected on day 0 of the June quarter and an increase of 4% compared to rent collected at day 7 of the June 2020 quarter.

Industrial

In the industrial sector rent collection was flat at 7 day mark. After a slow start, rent collection for industrial assets mirrors almost exactly that of collections last quarter.

But industrial assets have not experienced the same level of resilience as the office asset class. Industrial rent collection has struggled to match the high performance which was commonplace pre-pandemic.

Retail

Retail rent collections have continued to improve as landlords collected 52% of rent due at the 7 day mark, an increase of 3% compared to the equivalent period for the March 2021 quarter. Retail rent collection is also up 12% on the levels seen a year ago. Despite the re-opening of retail in the second quarter, retail continues to be the poorest performing sector.

The Office Market

Office properties continue to be the most resilient asset class of them all. Compared to the other sectors, rent collection levels for office properties are the closest to pre-pandemic levels of all the sectors, up 4% compared to the same point in June last year.

While they are down 2% compared to the equivalent period for the March 2021 quarter, the sector is up 21% compared to December 2019, the last quarter before the pandemic measures came into play.

The Regions

According to Re-leased the North East region of England experienced the most significant decrease in rent collection levels, down 9% compared to previous quarter. Landlords in London have also seen a slow start to rent collection for the quarter with just 37% of rent collected.

The West Midlands however, continues to see the highest levels of rent collection at day 7 with 59% of rents collected in the region 7 days after the June 2021 quarter day.

Caleb Dunn, Product Manager at Re-Leased says: “The pandemic has been a huge instigator for change in the real estate industry. Over one-year on from the outset of the pandemic, our data is showing that credit notes are continue to fall following the peak in September.

“The office sector has seen the most significant drop in rent credited since this time last quarter.”

©1999 – Present | Parkmatic Publications Ltd. All rights reserved | LandlordZONE® – Commercial rent arrears on the decline – new research | LandlordZONE.

View Full Article: Commercial rent arrears on the decline – new research

Jul
8

London Mayor predicts 20% rent hike unless he gets rent control powers

Author admin    Category Uncategorized     Tags

Sadiq Khan has warned that Londoners could see private rents rise by almost 20% over the next five years unless he gets powers to control the sector, emboldened by his recent re-election.

The capital’s mayor cites new analysis by City Hall which shows that, if left unchecked, average asking monthly rents in the capital could rise to almost £2,300 by 2025.

Despite the cost of renting falling in some parts of London during the pandemic, it still has some of the highest rental costs in the world, with Londoners paying on average 35% of their income on rent.

Khan was re-elected in May, pledging to lobby the government to give him the power to introduce rent controls through a proposed London Private Rent Commission.

He has also called for powers to freeze private rents to protect renters from the ongoing financial impact of the pandemic.

Since being in office, he has introduced two online tools enabling Londoners to name and shame rogue landlords and allowing renters to check whether their landlord has a property licence. 

Khan says he plans to stand up for London’s renters by transforming tenancy laws and wrestling back control of runaway rents. “Todays’ analysis paints a stark picture of the next five years if landlords are allowed to increase prices unchecked,” he adds.

“If we want the next generation of nurses, police officers, transport workers and key workers to train and work in the capital, we have no option but to keep a check on spiralling rents.”

Alicia Kennedy (pictured), director of Generation Rent, says: “Over the past decade it has become impossible for many people to live close to their workplace or support networks they rely on, while others cannot afford to start a family.

“Without urgent action on rent levels, more Londoners will face these dilemmas in the 2020s and quality of life will deteriorate.”

Read Landlords’ reaction to rent controls.

©1999 – Present | Parkmatic Publications Ltd. All rights reserved | LandlordZONE® – London Mayor predicts 20% rent hike unless he gets rent control powers | LandlordZONE.

View Full Article: London Mayor predicts 20% rent hike unless he gets rent control powers

Jul
8

Are you a property voyeur?

Author admin    Category Uncategorized     Tags

Research by viewings platform, U-See Homes, has indicated half of UK homebuyers admit to being virtual property voyeurs, viewing a property online without the intention of buying, with 16% going as far as viewing in person.

However

The post Are you a property voyeur? appeared first on Property118.

View Full Article: Are you a property voyeur?

Categories

Archives

Calendar

January 2026
M T W T F S S
« Dec    
 1234
567891011
12131415161718
19202122232425
262728293031  

Recent Posts

Quick Search

RSS More from Letting Links

Facebook Fan Page