The government has now made it law that landlords must have electrical safety certificates for all of their rental properties. As of July 2020, any new tenancies must all have an electrical safety certificate for the property before the tenancy commences and for all current tenancies. This means that all currently rented properties must have an electrical safety certificate completed …
Read More >>Low entry costs and flexible lifestyles bring renters into BTR Build to Rent continues to dominate the rental property market in our region. Last week, the Northwest Insider event looked at issues around housing supply and demand. Life by Ringley MD Sam Hay was there, so for those of you who are interested, here are a few of the key …
Read More >>As of June 1st, landlords and letting agents will not be able to charge any upfront fees for facilitating the granting, renewal, continuation or termination of a tenancy. This guide is essential for all landlords as it helps you to further understand the changes in the law that could impact on your rental property and could even save you from …
Read More >>On April the 15th, the government announced they were going to abolish the Section 21 notice. The reason for this was going to be to stop landlords being able to remove tenants from properties with simply eight weeks’ notice and no reason was given. Now, what they proposed, is they’re actually going to tighten up the Section 8 notice, and …
Read More >>The government has decided to take action and abolish Landlords ability to serve a section 21 notice. This has come in light of many claims from various tenant support groups, suggesting that 46% of tenants received a notice to leave the property within 6 months. Removal of the section 21 could cause landlords to leave the already struggling property market …
Read More >>Buy-to-let investors could soon fill the HMRC with stamp duty surcharge refund requests. This is following on from a potential precedent set at a recent tax tribunal that saw a couple acquire a neglected building and were able to refute the additional 3% stamp duty charge on purchases of second homes. It was revealed at the tribunal, held in Bristol, …
Read More >>It is no secret that the UK is facing a massive housing shortage. The recent North West Future of Housing conference, hosted by The insider, provided the perfect opportunity to discuss future housing provision in our region. With a major strategic plan in place for the North West, there is plenty of good news around housing, particularly in the cities, …
Read More >>Today I have been talking about the rental market at this year’s sold out National Residential Investment Conference, held each year in London. Among other topics, in the spotlight during the course of the day was JLL’s recent research on the institutional (non-Housing Association) sector. Here are some key facts and figures. Having analysed seven residential developments comprising 911 units …
Read More >>This weeks blog is all about inspections and how often they should be carried out. At JP Hay, we’ll first visit the property at the initial six-week period when a new tenant has moved in. We’ll then continue to visit the property every 12 weeks. Now, if you’re doing it yourself, you should keep it up as often as I’ve …
Read More >>The weeks blog is all about Section 21s, what they are, and when you can use them. A Section 21 is a notice that you would serve on your tenant, to say that you required possession of the property. Now, you can’t serve a Section 21 until the tenancy has been running for four months. For example, if they’re in …
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