Industry Update – Feb 21
Here’s what made news in the property management world in January and February 20201.
How to convert a property into a HMO
Are you thinking about converting your property into a HMO? Understand the basic requirements…
#HMODefinition #Article4
New Electrical Safety regulations to come in 2020 (Draft Legislation).
All private landlords will be subject to more stringent Electrical Safety regulations at their rented out properties – from July 2020.
Labour: We don’t like property ownership
LAND FOR THE MANY? Has the Labour Party really got it in for anyone owning any property for profit? As a person involved in a property related business, one needs to be very cautious of these policies. The Labour Party have commissioned an ‘independent’ report titled “Land for the Many” that proposes changes in the […]
Current hot topics in Property Management
Do you know what the current hot topics on property management in the UK are? Here is a list bothering most residential property landlords and managing agents Future of Section 21 & amendments to Section 8 Fitness for human habitation (Fitness for Human Habitation) Act 2018 3 year tenancies Tenants Fee ban & Tenancy Deposit […]
Tenant Fee Ban – coming soon – so what to expect?
Only 3 more weeks to go until the tenant fee ban comes into play. So do you know what you can, and can’t charge for? What about the exemptions? Holding deposits, rents, deposits and charges for defaulting on the contract, are all exempt from the tenant fee ban. But do also note, that all these […]
Section 21 (seek property back from tenant) to be axed.
Section 21 evictions set to be axed to create ‘indefinite tenancies’ The government says it wants to ban outright Section 21 ‘no fault’ eviction powers in England and Wales. Instead landlords seeking to evict tenants would have to use Section 8, which can be implemented when a tenant has fallen into rent arrears, has been […]
Tenant Fees Ban
The official guidance notes for landlords, letting agents and local authority enforcement officers explaining how the Tenant Fees Act 2019 affects has been relaesaed by the government – on What is now allowed to be charged from the 1st of June. You cannot evict a tenant using the section 21 eviction procedure until you […]