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Covid-19 Temporary changes to Right to Rent

Right to rent checks have been adapted to make it easier for landlords to carry them out during the coronavirus outbreak, the Home Secretary announced Monday 30th March.
Effective immediately, the temporary changes will mean the Home Office will not re…

Not all Doom and Gloom

The Good News
Brooklands Commercial Finance is fully operational and assisting Property 118 clients in these unprecedented times.
We are currently working with lenders that have replaced their requirement for physical valuations with remote valuations …

Larger Portfolio Landlords Face Financial Oblivion Unless They ACT NOW!

Janet and John have spent their time in isolation considering the impact of Covid-19 on their rental property business.
They are predicting that in the 2020/21 tax year their rental income will reduce by approximately one third. This has already starte…

Banks have not been pressurising government to freeze the housing market

Contrary to the FT front-page headline “Banks seek to freeze property market as credit and virus fears hinder moves” (March 27), banks have not been pressurising the government to freeze the housing market. However there is no doubt that with the land …

New Permanent Secretary at the Ministry of Housing, Communities and Local Government

The Cabinet Secretary, with the approval of the Prime Minister, has approved the appointment of Jeremy Pocklington as the new Permanent Secretary at the Ministry of Housing, Communities and Local Government (MHCLG).
Jeremy succeeds Dame Melanie Dawes w…

Delay to Energy Efficiency regulations in Scotland

The Scottish Government has announced that they have taken the decision not to introduce the Energy Efficiency (Domestic Private Rented Property) (Scotland) Regulations 2020, which had been due to come into force on 1 April 2020.
SLE wrote an open lett…

Lodger rights at the current time?

What are lodgers’ rights at the moment?
Can their landlords give them a weeks notice as usual, and throw them out onto the streets with nowhere to go? The council isn’t even open!
Can someone who knows please clarify this?
The post Lodger rights at the…

Put ourselves in the shoes of these kids?

Hi. I’m sure this is a problem faced by many student let landlords, caused by the current climate. Many universities with on campus accommodation have released students from their contracts 3 months early as Unis are closed, so a lot of the stude…

Full Government COVID-19 guidance for landlords and tenants published

The Government has finally released on Saturday its full pieced together non-statutory guidance for landlords and tenants during the Coronavirus emergency. Click here for the full 21 page document from MHCLG.
The Coronavirus Act 2020 is confirmed to re…

Shelter again with latest TV advert!

I think the latest TV advert for Shelter is disgusting. Once again giving the impression that they provide housing and once again having a pop at landlords.
This time saying a tenant had called and said their landlord had asked them to leave the proper…

Shelter again with latest TV advert!

I think the latest TV advert for Shelter is disgusting. Once again giving the impression that they provide housing and once again having a pop at landlords.
This time saying a tenant had called and said their landlord had asked them to leave the proper…

CERTAINTY Amidst Chaos LettingSupermarket.com Covid-19 Update

Today I have been speaking with Chris Sheldon, the Managing Director of LettingSupermarket.com, to review the company’s business model during these difficult and worrying times for many.
We stripped out all new letting income for the rest of the …

Lenders to give 3 month offer extension for home movers

To help home movers impacted by Covid-19, mortgage providers will give customers who have exchanged contracts the option to extend their mortgage offer for up to three months to enable them to move at a later date.
Stephen Jones
The post Lenders to giv…

Latest HMRC guidance on Covid-19 support for Self-employed

The Chancellor, announced a new Self-employment Income Support Scheme to support self-employed people who have been adversely affected by COVID-19.
GOV‌.UK has further details about who is eligible for the scheme and how it will work.
The post Latest H…

Covid-19 support for the self-employed

In the latest step to protect individuals and businesses, Rishi Sunak has set out plans that will see the self-employed receive up to £2,500 per month in grants for at least 3 months.
Millions of people across the UK could benefit from the new Self-Emp…

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