News Archive for June 2021

Advice for landlords carrying out right to rent checks during the coronavirus (COVID-19) pandemic.

This update replaces previous guidance issued on 12 May 2021. The temporary COVID-19 adjusted right to rent checks will now end on 30 August 2021, and from 1 September 2021 landlords will revert to face to face and physical document checks as set out in legislation and guidance.

Written by: Jinay

EPC rating C impossible for 1.7 million rental properties

Letting Agents and Landlords due to struggle as Rightmove research shows many rental properties will never make the required EPC band C by 2030

Written by: Jinay

Eviction notice period changes June 2021

Non-statutory guidance for landlords, tenants and local authorities in the private and social rented sectors in the context of Coronavirus (COVID-19).

Written by: Jinay Source: Government

Fees

Refundable Holding deposit - Capped at 1 weeks rent

Security Deposit - Capped at 5 weeks rent for annual rental under £50,000, or 6 weeks rent for annual rental over £50,000

Rent - The agreed monthly rent

Changes to tenancy - Capped at £50 inc VAT

Early termination charge - Not exceeding the landlord’s financial losses

Late payment of rent - Interest of 3% above BoE base rate for each day the rent is late, once it is 14 days overdue

Replacement keys - Reasonable costs or give the tenant the option to purchase themselves

Utilities, council tax, communication services, TV Licence etc - Tenants own responsibility unless otherwise stated in contract

Client Money Protection Scheme Membership details - SafeAgent Membership :A2134

Property Redress Scheme Membership details - The Property Ombudsman, Membership Number : L00086