Jul
18

Landlords back MPs fire safety plans

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LANDLORDS are today welcoming a call by a Parliamentary committee for the Government to fund certain fire safety improvements in privately owned residential blocks. In its report responding to the Hackitt Review into building and fire safety, the Housing, Communities and Local Government Select Committee recommends that the Government should pay for the replacement of […]

The post Landlords back MPs fire safety plans appeared first on RLA Campaigns and News Centre.

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Jul
17

The National LIS Awards

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The National LIS Awards, is proudly brought to you by the organisers of the National Landlord Investment Show.

Connect with the very best in the industry at the National LIS Awards on Thursday 15th November 2018 at the Grosvenor House

The post The National LIS Awards appeared first on Property118.

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Jul
17

‘Lending for Refurbishment Costs’ – up to 100% of refurb costs

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Shawbrook Bank the specialist property investor lender has released a light refurbishment option called “Lending for Refurbishment Costs”, to their STL range and is a unique approach to this type of lending.

In addition to borrowing 75% Loan to Value against the lower of day one purchase price or value

The post ‘Lending for Refurbishment Costs’ – up to 100% of refurb costs appeared first on Property118.

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Jul
17

July Buy-to-Let Market Update

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Welcome to ‘Buy-to-Let Market’, a column aimed at providing you with recent criteria and product updates within the Buy-to-Let lending markets. Buy-to-Let Market Update: – Virgin Money – will now offer its full buy to let range to portfolio landlords. The lender will now accept applications from landlords with up to 10 mortgaged properties, and […]

The post July Buy-to-Let Market Update appeared first on RLA Campaigns and News Centre.

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Jul
17

OMG a cure for my front door OCD

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I am absolutely terrible at having to go back and check I have locked the front door and often have to reverse the car back up the road to double check!

Mark Alexander has found me a Press Release if it is of interest to anyone else:

70% OF US FORGET IF WE’VE LOCKED OUR DOORS

New research reveals extent of carelessness around home security

The post OMG a cure for my front door OCD appeared first on Property118.

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Jul
17

Property Ombudsman to address Future Renting North conference

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Property Ombudsman, Katrine Sporle CBE, has been confirmed as the latest speaker at the RLA’s next Future Renting conference. Katrine will be part of a panel delivering a session on “Tenants, or consumers – changing attitudes to private rentingâ€�. This will explore the Government’s plans to force landlords to join a redress scheme, the tenants’ fee ban, […]

The post Property Ombudsman to address Future Renting North conference appeared first on RLA Campaigns and News Centre.

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Jul
17

The National LIS Awards

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Celebrating excellence in the private rented sector

Connect with the very best in the industry at the National LIS Awards on Thursday 15th November 2018 at the Grosvenor House, London.

6pm – 12.30am

The National LIS Awards, is proudly brought to you by the organisers of the National Landlord Investment Show.

At a time when the private rented sector has gone through more changes, we believe the LIS Awards are a great opportunity to celebrate all the hard work that goes into our industry, rewarding excellence and giving your organisation the recognition it deserves.

Over 400 key industry players will gather from the private rented sector including landlords/investors and professionals from finance, legal, tax, development, letting agent, online agent, auction house, local authority, landlord insurance, proptech and innovation companies.

An evening of entertainment and celebration

We have lined up some amazing entertainment from the moment you arrive at the prestigious Grosvenor House Hotel which means this will be a night to remember and one not to miss.

We invite you to enter the LIS Awards

WHAT ARE THE BENEFITS OF ENTERING?

There are many benefits to be gained from entering the National LIS Awards including:

Raising your company profile + Gaining recognition through out the Industry + Standing out from your competitors + Gaining press exposure through our media partners + Increasing client confidence + Increasing staff morale & celebrates your company’s success + Establishing new networking opportunities

14 Categories have been selected including

Best Landlord Accountancy Provider

Best Landlord Insurance Provider

Best Landlord Legal Services Provider

Best Buy to Let Mortgage Provider

Developer of the year

Best Lettings Agency

Best Online Agency

Specialist Finance Provider of the Year

Best Property Education Provider

Crowdfunding Platform of the year

Proptech Company of the year

Best product for Landlords

Best Auctioneers

Best Investment Provider

Judging Panel

Richard Bowser Editor of Property Investor News

Simon Zutshi – Founder of Property Investor Network

Marie Parris – CEO OF George Ellis Property Services

Nat Daniels – CEO of Angels media, Landlord Today, Property Investor Today & Valpal

Kate Faulkner – Property Expert

Peter Littlewood – Founder of iHowz, previously known as Southern Landlords Association

Carolyn Uphill – Chairman, NLA

More judges to be announced soon.

Media Partners

Landlord Today
Property Investor Today
Landlord Investor Magazine
National Landlord Investment Show
Property Tribes
Property 118
Property for media
Property Investor News
Property Investor Network
UK Landlord
Residential Property
Landlordzone

How to enter the awards

To enter the LIS Awards please visit www.national-lis-awards.co.uk

A full list of sponsorship opportunities including main sponsors, category sponsorships, table bookings and individual tickets also available on the website.

If you require any further information please contact a member of the team today on 0208 656 5075

©1999 – Present | Parkmatic Publications Ltd. All rights reserved | LandlordZONE® – The National LIS Awards | LandlordZONE.

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Jul
17

Setting up a property management company?

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I manage my late husband’s portfolio of 8 properties. At the moment I have no other income as I’m so busy with these, but may in the future get a part time job. I have 3 children – 2 at university

The post Setting up a property management company? appeared first on Property118.

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Jul
17

Section 21 Notices – for older tenancies tenancies in England

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Section 21:

Most tenancies will never require the service of a Section 21, Housing Act 1988, (eviction) notice. However, on those occasions when it does become necessary, and you just never know, landlords (and agents) will thank their lucky starts they complied with the rules, otherwise the eviction could be stymied.

Here, Tessa Shepperson of the Landlord Law website writes in her newsletter about using the correct Section 21 notices for older tenancies and the issues surrounding this – this is an important reminder.

For tenancies in England, new rules for assured shorthold tenancies (ASTs) were introduced on 1st October 2015, applying to all those ASTs starting or renewed on or after that date.

On 1st October 2018 these rules (with some minor exceptions) will apply to ALL tenancies, including the older ASTs.

As this date approaches, landlords should be aware that the notice period for the s21 is a minimum of two months, so it is now likely that any section 21 notice served before then would be used in court proceedings after 1st October 2018.

So how will the new rules affect your older tenancies according to Tessa Shepperson?

Unless the tenancies have been renewed every time they expired, or they were given for 3 years initially, they will likely now be periodic tenancies – month to month if rent is paid monthly.

Section 21 Requirements:

These are the things which you MUST have complied with in England and Wales before you can serve a valid section 21 notice:

  • The tenancy deposit rules have been fully complied with, and
  • If the property is a licensable HMO or is within a selective licencing scheme area, then, failing a temporary exclusion certificate, you will need to produce this license.

The following prescribed legal requirements will also apply where the tenancy (or renewal) started after 1st October 2015:

  • Service of the Gas Safety Certificate (served when the tenancy started), and
  • Service of the EPC certificate
  • Service of the government’s “How to Rentâ€� guide, the issue which was current at the time the tenancy started. See the LandlordZONE® How to Rent Guide archive here – now on the forth issue
  • The correct prescribed information was issued and served for the tenancy deposit scheme.

Note: it is important that there is proof that these documents have been served, and the general advice here is to attach all these to the original tenancy agreement and have them signed for at the start of every tenancy.

For older tenancies, where there is no proof that the gas certificate was issued prior to the tenant entering the property, it is importance that the tenancy is not renewed; it should remain periodic maintaining its older tenancy status.

Some of the other documents can be served late, providing they are served before service of a section 21 notice. Again, bear in mind that proof of service is required for this as well.

Tessa Shepperson says:

“Note that the problem with gas safety certificates is hopefully only temporary. It is not what the government intended and so if [a recent case] is not overturned by a later case, I suspect the government will issue new regulations. But it is a problem now. So be careful. Very careful. Note also that there are going to be a further prescribed requirements in due course – for example refunding any illegal tenant fees once the tenant fee bill is law.â€�

Retaliatory Eviction

If a tenant has complained about a condition in the property which represents a safety hazard, AND an improvement order is issued by the local authority, then any section 21 notice already served would be invalid, and a valid one could not be served for 6 months after the lifting of the notice.

Out of Time?

The older s21 notices had not time limit and could be served from day one. Now, since 1st October 2015, a valid section 21 notice cannot be served during the first 4 months of the 1st tenancy and it lasts for just 6 months.

For tenancies with rent periods of more than one month, for instance, quarterly rent payments, quite rare these days, proceedings must begin within four months of the notice termination date, otherwise a new notice must be served.

Form 6A

For tenancies commencing prior to 1st October 2015 there were two s21 notices: The Fixed-Term s21(1)(b) and the Periodic notice s21(4)(a). These are now replaced with the s21 6A notice with its prescribed terms for tenancies started after 1st October 2105, and ALL tenancies after 1st October 2018.  A full collection of AST notices is available on a government website here

See also: Ending an Assured Shorthold Tenancy

https://www.landlordlaw.co.uk

©1999 – Present | Parkmatic Publications Ltd. All rights reserved | LandlordZONE® – Section 21 Notices – for older tenancies tenancies in England | LandlordZONE.

View Full Article: Section 21 Notices – for older tenancies tenancies in England

Jul
16

LandlordZONE partners with Hamilton Fraser

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LandlordZONE®, the UK’s largest landlord property information website, has announced a formal partnership arrangement with the Hamilton Fraser Group. Hamilton Fraser provide a variety of services such as legal support, insurance, client money and deposit protection and redress for landlords, tenants and letting agents. The partnership is intended to consolidate the success of LandlordZONE® and to aid its future growth.

Founded in 1999 by Tom Entwistle, LandlordZONE® is a free open access website providing articles, legal up-dates, landlord guides and daily news for landlords and agents involved in the private rental sector – both novice and experienced.

Its landlord focused website has become one of the most visited in the UK with 2.5 million visits per annum. In addition it has a subscriber base of over 130,000 members, and a forum which handles hundreds of Q&As per week.

LandlordZONE® has partnered with Hamilton Fraser in order to continue to grow its position as one of the leading online landlord resources. Hamilton Fraser’s in-depth knowledge of the private rented sector, delivered through a range of services, is a natural fit which will offer LandlordZONE® additional resources to further grow its audience and reach.

As a residential and commercial landlord with over 40 years’ experience of the industry, Tom Entwistle founder and editor of LandlordZONE® is excited by the development. Commenting on the partnership with Hamilton Fraser, he says:

“Our primary aim has always been to help new and experienced landlords increase their income by understanding their obligations, so they can run successful and compliant property investments. We do this by providing a wealth of information for landlords, letting agents and other property professionals and this has seen the site grow from strength to strength.

We now feel that in order to continue to grow the level of service we provide to our readership, advertisers and sponsors, we would benefit from additional support. Hamilton Fraser has the industry knowledge, experience, resources and ethos to help us whilst ensuring LandlordZONE®maintains its editorial independence.�

Eddie Hooker, CEO of Hamilton Fraser added

“I have known Tom and LandlordZONE® for many years and have always admired and respected what he has achieved with his website.  Like many landlords and agents I regularly receive interesting and informative emails from LandlordZONE® which helps keep me up to date with trends and information relating to the sector. 

“We want to help maintain and improve the site’s approach to news, ensure its continued independence, whilst also increasing Hamilton Fraser’s distribution opportunities to help the sector continue its drive in improving standards through our products and services in insurance, client money and deposit protection and the provision of external redress and legal support.â€�  

About Hamilton Fraser
Founded in 1996, the Hamilton Fraser Group provides insurance, client money protection and the provision of external redress and legal support to the private rental sector.

Historically a specialist insurance broker, the Group has grown to include a law firm regulated by the Solicitors Regulatory Authority, as well as redress, dispute management and tenant referencing services.

Acknowledged experts in the sector, Hamilton Fraser also jointly own and operate one of the three UK tenancy deposit protection solutions (Mydeposits) for landlords, letting agents and tenants.

They engage tirelessly with Government, landlords and letting agents to raise knowledge and standards in the sector.

In addition, they provide specialist insurance and redress services to the aesthetic and cosmetic sector.

©1999 – Present | Parkmatic Publications Ltd. All rights reserved | LandlordZONE® – LandlordZONE partners with Hamilton Fraser | LandlordZONE.

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