The coronavirus ‘stay-at-home’ instruction led to the temporary closure of office premises across the country. Many workers who abruptly left their office desks following the declaration of the pandemic have embraced working from home for nearly one year.
One of the biggest concerns for many landlords is rent arrears. Some tenants have fallen outside of various Governments schemes to support those who cannot earn at the moment and many landlords are working with them to avoid eviction and to agree payments which those tenants can afford.
Private landlords in Scotland are advised to act reasonably when interacting with tenants who are unable to make rent payments due to the coronavirus pandemic. By working cooperatively to strike an agreement, the interests of both parties can be fulfilled.
ARLA is calling upon the government to implement a support package to help keep the private rental sector afloat. It says if the government doesn’t do something soon, many landlords will have no choice but to launch eviction proceedings against tenants.
During their tenure as a homeowner, borrowers may endure periods of extreme financial strain. This forces them to drastically scale back on outgoings. The largest expense typically being mortgage payments. Classed as an essential investment which not only guarantees shelter but provides life’s necessities. Scrambling to raise funds to fulfil mortgage payments not only has […]
Landlords using the government’s model tenancy contract will now find they are saying “yes” to pets in their rental properties. Changes have been made to the wording of the contract, which removes the previous ‘ban’ on pets in rental homes.
Uncovering the Deterioration of the British High Street The collapse of Thomas Cook was arguably the largest injury endured by the British High Street in 2019. The historically rich tour operator, founded in 1840, entered compulsory liquidation. Eleventh-hour talks failed to rescue the 178-year-old tourism pioneer. 150,000 holidaymakers were stranded overseas, 21,000 jobs lost worldwide […]
The private rental sector has been heavily impacted by Covid-19, but even more changes are afoot in 2021. The types of properties in-demand by tenants, the best locations for landlords, and more, have all been affected by the pandemic. Read on to see how the next 12 months could impact landlords.
Tax changes introduced in the private rental sector in 2016 have prompted landlords to look for ways to reduce their tax bills. Incorporating can be one way to do this depending on your personal circumstances. More landlords have moved their buy-to-let properties into limited companies since 2016 than at any time in the last 50 […]
Lockdown2 more worries for landlords with difficult tenants. I’m going to talk about two issues which are causing many landlords a great deal of stress at the moment. I acknowledge that the biggest issue is rent arrears, but I am not going to talk about that…
My name is Brad and I’m a painter and decorator in London. I’ve got over 10 years of experience and have helped hundreds of landlords transform their properties. Here are some of the things I have learned, which you might find helpful too if you’re decorating one of your properties.
The government is testing out a new pilot project in February, whereby landlord and tenant disputes will be mediated as part of the court repossession process. Housing Secretary, Robert Jenrick, hasn’t revealed too many details yet, but it is hoped the new service will relieve some of the pressure on the court system.
Football is providing much needed entertainment for many fans, as establishments close during lockdown across the country!
It may be a new year, but many landlords and tenants are not celebrating as the pandemic rolls over into 2021. With further lockdown measures having been introduced, many tenants and landlords are still struggling with a loss of income. This is having a huge impact on the private rental sector.
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