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Covid-19 Code of practice for commercial landlords and tenants

High street businesses and landlords are set to receive a new government code of practice providing improved clarity and reassurance over rent payments.
A working group has been established by the government with the commercial rental sector to develop…

Should I let to family through my limited company?

As the title suggests, I’m considering getting a BTL via a limited company with the intention of letting it to family – who would claim housing benefit. The family already lives in a council flat and benefits from getting housing benefit.
T…

Long term rental of Furnished Holiday Let?

We have received an enquiry for long term rental of 3 months for our Furnished Holiday Let (FHL), over our quiet period this coming winter and it appears quite tempting to take it.
We have been running this FHL over the last 5 years and have complied w…

Aldermore resumes physical BTL valuations in England

Aldermore Bank is resuming physical mortgage valuations on rental properties for Buy to Let purchase and remortgage in England.
Strict social distancing and safety measures will be met in line with Government guidance released on 10 May. Aldermore will…

Belvoir survey reveals decrease in COVID-19 related rent arrears

A second survey of new COVID-19 related rental arrears conducted by Belvoir, the UK’s largest High Street property franchise, reveals that less than 5% of tenants across all four brands are in arrears. This compares to pre-lockdown arrears of 2%
The po…

Fight Against Massive Selective Licensing Scheme in County Durham

Massive Thank You to Property 118! You were kind enough to run an article on the county’s unbelievable Selective Licencing proposals ( click here ) and, as a direct result, we had a serious jump in the number of Landlords signed up to support our campa…

Ambiguous CMA guidance over student lets

The Government’s Competition and Markets Authority (CMA) has told Landlordzone that its recent pandemic emergency guidance could cover students lets where public health instructions under lockdown have precluded the use of rental property.
The Co…

Does dog clause stack up legally?

I have new tenants who indicated they may want to keep a dog at the property for which we would make an additional charge in the form of a higher monthly rent.
The tenants decided not to go with it at the start of the tenancy
The post Does dog clause s…

£100,000 Coronavirus emergency donation by Paragon

The Buy to Let specialist Paragon Bank has split a £100,000 between the NHS, Solihull Change into Action, Age UK and the company’s 2020 charity, Macmillan.
Nigel Terrington, Paragon Banking Group Chief Executive, said: “Coronavirus is impacting on all …

£18.49bn of Bounce Back Loans agreed

HM Tearsury publish management information each Tuesday for each of the three Covid-19 emergency loan schemes schemes (CBILS, CLBILS, BBLS), including: The total number of applications, number of approved applications and the value of loans approved.
T…

£18.49bn of Bounce Back Loans agreed

HM Tearsury publish management information each Tuesday for each of the three Covid-19 emergency loan schemes schemes (CBILS, CLBILS, BBLS), including: The total number of applications, number of approved applications and the value of loans approved.
T…

£1bn fund to remove dangerous cladding to support private leaseholders

Building owners have been urged to act and put the safety of residents first as the government’s £1 billion Building Safety Fund to remove dangerous cladding was launched by Housing Secretary Robert Jenrick.
It comes as the government published the pro…

Rent Repayment Order Offer accepted Pre-Coronavirus?

Our previous tenants from 2018 submitted a Rent Repayment Order claim for non licence HMO. Initial Rent Repayment Order Letter correspondence from previous tenants solicitor was received February 2020.
We then made a financial offer Pre Coronavirus Pan…

Contract only signed by 1 tenant – is it legally binding?

My tenancy agreement with my current tenants was set up as a 1 year tenancy, then moving to periodic, starting 1 Sep 2019.
One of the tenants (secondary tenant) has stated she wishes to move out at the end of June
The post Contract only signed by 1 ten…

EWS1 requirements mean many flats will become un-mortgageable

I have had an offer accepted on a modern (2009) flat, which I was planning to add to my rental portfolio. It’s on the middle floor of a small 3 storey block. However, I’ve now been told that the valuer cannot recommend that the mortgage com…

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