Written By Em

Em

Em Morley

Mayor of London calls for changes to benefits system to help tenants

Published On: April 23, 2020 at 8:14 am

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The Mayor of London has called for changes to the benefits system so that the cost of private rents for tenants adversely affected by coronavirus are covered.

Ben Beadle, Chief Executive of the National Residential Landlords Association (NRLA) has commented: “Recent polling has indicated that just 2% of private tenants have had to stop paying rent due to the pandemic whilst 78% have not had to make any changes to their living situation. This shows that the vast majority of tenancies are continuing as normal, which we welcome.

“For those tenants who are struggling, by far the best solution is to ensure they are supported to prevent arrears building. We, therefore, welcome the Mayor’s calls to increase the Local Housing Allowance.

“In addition, we repeat our call on the Government to scrap the five week wait for the first payment of Universal Credit immediately and ensure tenants can have the housing element of the Credit paid directly to their landlord if they wish. This would provide tenants and landlords with the confidence that rents are covered and debts will not arise.”

Looking to the future, Beadle said: “Whilst the current situation is challenging for everyone, we need to avoid frightening households needlessly about the security of their homes.

“The vast majority of landlords are doing everything possible to support their tenants and sustain their tenancies at this difficult time. We will continue to ensure they have all the guidance and support they need to continue to do so both now and into the future.”

Six ways to add value to your home from NAEA Propertymark

Published On: April 22, 2020 at 8:12 am

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NAEA Propertymark has provided advice for those looking to undertake maintenance in order to add value to their home while stuck indoors.

Mark Hayward, Chief Executive, NAEA Propertymark comments: “While being unable to list your house at the moment may be frustrating, the extra time you’re spending at home makes now a great time to take some simple steps and get your property into its most valuable condition for when the market picks back up.

“When the lockdown lifting is imminent, make sure you turn to your local NAEA Propertymark estate agent who will be able to offer further guidance on how to maximise your chances of a successful sale.”

The following are six tips from NAEA Propertymark to add value to your property:

A fresh coat of paint

If you have some spare paint available or can safely get it delivered, giving your home a fresh lick of paint is a very low cost way to add value. Fresh paint in modern colours can go a long way to giving your home a new lease of life, so do not be afraid to pick up the paintbrush.

Declutter your house

Buyers need to see the space they are getting, to see how good value it is. They want to see the condition of the walls and floor which is difficult when most of it is covered with other people’s belongings. By decluttering your home you are also allowing the buyer to see the space and imagine themselves living in it – you are selling a lifestyle and a dream.

Preen the garden

A well-kept garden really does give your home the ‘wow’ factor. Make sure it’s clear of any litter, you’ve mowed the lawn, removed any weeds, and cut back any overgrown trees which may be restricting light. Plant pots will give your garden a splash of colour, and setting up any outdoor furniture – like table and chairs, a BBQ, sun loungers or even a fire pit – can give future buyers a sense of what it’d be like to own your garden.

Wash all windows

Prospective buyers will pay more attention to windows, and they will immediately give a sense of how well maintained the rest of the house is. If you have easy access give them a thorough wash and if your house has wooden windows, then consider giving them a fresh lick of paint to stop them looking old and cracked. 

A well-kept kitchen is key

The state of a kitchen can make or break a sale, so make sure yours is looking its’ best. Give all the cupboards and surfaces a deep clean and consider painting any old or worn cupboards as this will transform the space without you having to fork out on replacing cabinets or having to wait to hire a handyman. 

Avoid over-personalisation 

Nobody has the exact same taste in décor, and future buyers must be able to visualise themselves living in your space so consider removing any decoration that shows too much personality. Just because something adds character to the property to make it your home, this doesn’t necessarily mean any value is being added to the property’s saleability!

Further £1.6 billion made available to councils across England

Published On: April 21, 2020 at 8:15 am

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On Saturday 18 April, the Government announced that councils across England will receive a further £1.6 billion to help them deal with the immediate impacts of the coronavirus.

As part of the announcement, the Local Government Secretary has reported that over 5,400 people sleeping rough have been helped off the streets and from communal shelters during the pandemic.

Jon Sparkes, Chief Executive of Crisis, comments: “This additional money is welcome and much needed if councils are to protect the members of our society who are most exposed and endangered by this pandemic.

“While it is a hugely significant step that over 5,400 people who were previously sleeping rough or in crowded night shelters have been helped off the streets, this is not a time for complacency.

“We understand that the Government is advising some local councils not to accommodate people sleeping rough who don’t meet certain criteria – such as those with no local connection to the area and those with no recourse to public funds due to their immigration status, rowing back on their earlier ambition to ‘get everyone in’. In the middle of a public health emergency, imposing such arbitrary barriers risks lives.

“While there are still people sleeping on the streets who are hungry and desperate, we urge the government to send a strong message to local councils that everybody, regardless of their circumstances, should be offered a safe haven during the pandemic.”

Landlords call for an extension to safety certificates

Published On: April 20, 2020 at 8:10 am

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Landlords are calling for a six-month extension to the validity of all gas and electrical safety certificates to cover for the impact of the coronavirus.

A recent survey revealed that 38% of landlords are struggling to source maintenance contractors to undertake required work. Over a third of respondents are also having difficulties undertaking work in their properties due to self-isolation.

With tenants also concerned about letting people into their rental properties, the National Residential Landlords Association (NRLA) is calling for gas and electrical safety certificates expiring over the six month period from 1st April to be extended for six months. This would be in line with the Government’s approach to MOT certificates.

This would provide the time that landlords need to ensure routine, but legally binding checks, can take place at a point when the danger of spreading the virus in rental properties is at least reduced.

The NRLA is also calling on the Government to delay until next year the introduction of new routine Electrical Installation Condition Reports which are due to come into force from 1st July. These will involve inspectors checking the wiring in all rooms of a property, possibly taking a number of hours, making it impossible for tenants to properly isolate.

Ben Beadle, Chief Executive of the NRLA, comments: “Whilst landlords should ensure that urgent work to ensure properties are safe for tenants is carried out, routine maintenance and checks need to be delayed to prevent the spread of coronavirus.

“Extending the life of gas and electrical safety certificates will protect landlords and tenants from unnecessary contact and provide landlords with legal protection from enforcement action where they are simply unable to get such work undertaken through no fault of their own.”

Asking Price Index shows UK Property Market Paralysed in March

Published On: April 17, 2020 at 8:40 am

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The latest Asking Price Index from Home.co.uk shows a freeze in the housing market during March 2020.

They have said “Estate agent offices are closed until further notice. Hence new listings have fallen off a cliff. Moreover, price movements in such times are essentially meaningless and forecasts of falling prices are premature to say the least.

“As in any market, price information is only representative when a certain threshold of transactions has been surpassed.”

The headlines of the report include:

  • Supply of new sales instructions plummets across the UK (down 23% year-on-year).
  • The largest regional fall in the number of new instructions year-on-year is in Scotland, followed by London and the South West.
  • Home prices slip 0.6% month-on-month as fewer vendors list their properties.
  • The average Time on Market for sales properties in England and Wales has begun to rise when normally it falls as springtime confidence surges.
  • The North West and Wales remain atop the regional growth table, both with year-on-year price hikes of 4.3%.
  • The total sales stock across England and Wales is now shrinking even more quickly; down by 13.0% year-on-year.
  • For the time being, East of England remains the UK’s worst-performing region with the average asking price just 0.7% lower than twelve months ago.
  • The supply of newly available rental property across the UK plummets 23% year-on-year.
  • Competition for the dwindling number of available properties to let has driven up the mix-adjusted average rent in Greater London by 9.0% in just twelve months.

Read the full report here.

Coventry Council ignoring government COVID-19 guidelines

Published On: April 16, 2020 at 8:31 am

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Landlords have accused Coventry Council of being irresponsible for ignoring government coronavirus guidelines by going ahead with plans to implement a licensing scheme for private rented housing. 

The Council intends to bring in a licensing scheme from 4th May despite government guidelines which advise that the introduction of new, non-mandatory licensing schemes should be paused. 

The National Residential Landlords Association (NRLA) has written to the Council asking them to defer the scheme’s introduction.

Policy Director for the NRLA, Chris Norris, comments: “The guidelines are there to protect tenants and landlords from unnecessary contact.

“Where a licensing scheme is introduced, landlords have to go into their properties to check that they meet the licensing obligation and maybe need to carry out non-essential works. This exposes them and the tenants to an enhanced risk of contagion.

“Several local authorities have done the right thing and paused the introduction of new licensing schemes in response to the crisis including Luton and Newcastle and we are asking Coventry to do the same.

“It would be thoroughly irresponsible of the Council to ignore the guidelines and go ahead with their plans.”