Deposits: Wear & Tear?

As a Landlord you will have no doubt have heard the phrase ‘wear and tear’ at some point when it comes to property condition, but what does it mean and how do we determine what damage falls within this definition? Everything in a house has a lifespan, and this normal deterioration is a Landlord’s responsibility... View...

Reposit: The Deposit Alternative

Recent legislative changes mean that tenancy deposits are now capped at an amount equal to 5-weeks’ rent. Whilst this is usually enough to deal with most end-of-tenancy issues, some Landlords may wish to have additional cover. We have recently teamed up with Reposit in order to offer an alternative for traditional deposits. If you opt-in... View...

Tenant Deposit Changes on Existing Tenancies

We let you know in January that all tenancy deposits that exceed the equivalent of five weeks of the property’s current rent will need to be revised, in line with the second stage of the Tenant Fees Act which comes into force in June 2020. We are currently checking each deposit against the Tenancy Deposit... View...

Mandatory Electrical Inspection Condition Reports (EICRs)

In our January bulletin we informed you that the government intend to implement mandatory electrical checks. At the time both April and July had been mentioned as possible implementation dates. Whilst we still await official confirmation of the intended date, we are now working on the assumption that the July date is the most feasible starting... View...

Extension of the Tenant Fees Act 2019

As you may be aware, the Tenant Fees Act came into force on the 1st June 2019. One element of this legislation capped tenant deposits at five week’s rent as a legal maximum. This applied for all new tenancies from 1st June 2019. However, this cap will be retrospectively applied to all existing tenancies on the 1st June 2020.... View...

MEES being expanded from April

The Minimum Energy Efficiency Standards (MEES) came into force in April 2018 which outlawed the letting of new tenancies on properties with an EPC rating of F or lower. On the 1st April 2020, the MEES standards are being expanded to the remainder of the private rental sector and it will be against the law... View...

Mandatory electrical inspections expected imminently

** BREAKING NEWS ** The government announced on Wednesday 15th January that it is pressing ahead with the introduction of mandatory electrical checks and hope to introduce the legislation imminently. Both 1st April and the 1st July have been touted as the implementation date with neither date giving Landlords much notice about such a major... View...

The end of Section 21 notices

It was officially confirmed during the government’s Queen’s Speech that no-fault Section 21 evictions will be abolished at some point in the future. Whilst very little other information has been provided about the specifics of this being done, we fully expect a reform of eviction proceedings to be included as part of this change. With... View...