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Ex-Fireman Fined for Breaching Fire Safety

Published On: August 11, 2015 at 10:57 am

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A former firefighter that rented out flats in Liverpool has been fined for putting his tenants’ lives in danger after breaching fire safety regulations.

Adrian Webb admitted that he had not visited the properties for two years.

Webb and his wife Lynn rented out the flats in a converted house in Walton. They had no fire alarms or fire doors.

Last month, they were fined £8,000 each at Liverpool Magistrates’ Court after they failed to comply with prohibition orders banning anyone from living in the homes until issues were resolved.

Webb and his wife became landlords 12 years ago, when he quit his job with Merseyside Fire Service.

He admitted that it was his responsibility to make sure the flats weren’t in the “disgusting” condition that they were found in by Liverpool City Council officers upon inspection in July 2014. He says he was not aware of the state they were in.

He claims that he is implementing new measures to ensure that the flats are up to current fire regulations.

The 51-year-old, of Rainhill, continues: “I personally think it had fire doors and thought it came up to fire regulations and had a means of escape.

“As a fireman all those years ago, fire risk assessments have changed dramatically, but there’s no excuses.

“I’ve made a mistake. I’ve not gone down and checked what’s going on in that particular property.

“I’m now putting in place a management structure to oversee that.”1 

In addition to no fire alarms or fire doors, council officers observed that rooms were riddled with damp, staircases had no handrails, there was not sufficient heating and a ceiling had collapsed due to an unfixed water leak.

Furthermore, exit doors had key operated locks and the kitchens were poorly laid out and unsafe, with electric cables across the floor.

1 http://www.propertyindustryeye.com/former-fireman-is-fined-for-letting-out-unsafe-flats/

Property Redress Scheme ban agent

Published On: August 11, 2015 at 9:52 am

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The Property Redress Scheme has today decided to expel a letting agent for showing non-compliance to a redress decision.

Ban

Croydon-based agent Jordan Residential was banned following an initial complaint of holding a deposit. After seeing a property advertised by the letting agent as a three-bedroom home, the tenant in question arrived to the house to find that the property had only two bedrooms with a converted lounge.

After allegedly being rushed and pressured by Jordan Residential, the tenant paid a deposit of £600, without receiving an explanation of what it would cover or whether it would eventually be refunded.

Sensibly upon reflection, the tenant decided that they were unhappy with the situation. As such, they then informed the agent within 24 hours that they would still accept the property but only at a lower market rent, based on typical two bedroom rental amounts in the local region.

Refusal

Jordan Residential then verbally refused the offer and proceeded to not enter into any more correspondence with the tenant following this conversation. Despite sending two letters to the agent, the tenants’ communication attempts were still ignored.

As a result, the tenant lodged a complaint with the Property Redress Scheme, who ultimately decided that in this instance, the retention of the tenants’ deposit was unfair as:

  • The tenant pulled out of the tenancy before the relevant costs covered by the holding deposit had actually been incurred by the agent.
  • The Agent had not yet taken the property off the market so the landlord had not suffered any loss by the property being held.
  • The property did not conform to its description. [1]
Property Redress Scheme ban agent

Property Redress Scheme ban agent

Costly

In addition, the head of redress told Jordan Residential to pay £612.80 to the complainant, in lieu of the holding deposit and subsequent postal costs that were incurred by the tenant. As yet, Jordan Residential have yet to pay the award.

What’s more, the letting agent has not even acknowledged the demands of the Property Redress Scheme, nor attempted to deal with the situation as a genuine claim.

Jordan Residential had its membership suspended with the promise of a full enquiry by the head of redress. A recommendation was made that the agent was expelled due to a lack of co-operation with the complaints process and a failure to pay the award.

Chief executive of the Property Redress Scheme Sean Hooker commented, ‘failure to pay an award, however large or small, is a serious breach of our terms of reference. Agents must not assume that the complaint will go away if they remain silent and refuse to engage with the scheme.’[1]

[1] https://www.landlordtoday.co.uk/breaking-news/2015/8/prs-expels-agent-for-failing-to-pay-award-to-tenant

Government Reserves £36m for Starter Homes

Published On: August 11, 2015 at 9:50 am

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The Government has reserved a total of £36m to help developers build starter homes for first time buyers on brownfield sites.

Government Reserves £36m for Starter Homes

Government Reserves £36m for Starter Homes

Greg Clark, the Communities Secretary, announced details about the £26m fund yesterday, which will support architects, developers, councils and housing associations to acquire brownfield land to build starter homes on. These properties will be offered exclusively to first time buyers under 40-years-old with a 20% discount on market values.

Clark has also set aside a further £10m for local authorities to prepare identified brownfield sites for development.

Yesterday, the British Property Federation (BPF) welcome the announcement, but warns that more funding is needed to deliver the 200,000 homes the Government has pledged by 2020.

Chief Executive of the BPF, Melanie Leech, says: “Brownfield sites often prove to be extremely lengthy and complex to develop, and if the Government wants to see a significant amount of housing delivered on them, then developers and house builders are going to need some help.

“The funds show welcome recognition of this fact, but we will need to see more from Government if it is to reach its starter homes targets.”1 

Clark states: “This competitive fund will build homes that will clearly show the wide range of new properties that will be available for first time buyers as they take their first step on the housing ladder.

“We are also helping bring back into use more brownfield land for development, keeping the country building and delivering the homes our communities need.”1 

Chief Executive of the Homes and Communities Agency (HCA), Andy Rose, comments: “The HCA is ready to support the Government in delivering this key priority, which aims to set the standard for starter homes. By using our land and development expertise, we will help even more first time buyers into affordable homeownership.

“We look forward to working with our key delivery partners including councils, developers, housing associations, small builders and architects in taking this forward, through the identification and purchase of land suitable for exemplar starter home sites.”1 

1 http://www.propertyindustryeye.com/government-pledges-36m-for-new-homes/

Many Seek to Buy Estate Agency Firms

Published On: August 11, 2015 at 8:59 am

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Many Seek to Buy Estate Agency Firms

Many Seek to Buy Estate Agency Firms

Estate agency is becoming an extremely popular business.

It is well known within the industry that large firms are seeking acquisitions, including regional companies, but many are looking to purchase for the first time.

Sean Mallon, the Managing Director of business transfer company Bizdaq, says that his firm has 297 registered buyers seeking estate or letting agents.

Of these, he states that 85% are independent buyers not involved in a current estate agency practice.

Regarding prices, Mallon says that one year’s fee income is a good indicator to the value of a single-branch business.

For larger firms, vendors would be requiring a multiple of two or three times its profits.

Mallon says that corporate buyers will pay large sums, but other purchasers can compete, so sellers are taking their pick.

 

 

 

 

 

 

 

 

 

 

 

 

 

Majority of towns too expensive to upgrade in

Published On: August 10, 2015 at 4:44 pm

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A concerning new report suggests that the housing market in Britain is in danger of going stale, with expanding families being price out of moving up the property ladder by unaffordable mortgage rises.

Difficult

Data from the research conducted by Experian shows that in 265 out of 276 UK towns, moving up the ladder can prove as difficult as getting a step on the first rung of the ladder. Alarmingly, figures reveal that the average value of a one or two bedroom home in comparison to a three or four bedroom property is 50% or more in a huge 96% of British towns.[1]

At present, the average price difference across the UK is 42%, meaning that homeowners will need to find an additional £70,000 to go further up the ladder.[1]

Analysis from Experian also shows that in more than half of Britain’s towns, the current average family income is not enough to get a mortgage on a one or two bedroom property.

Jonathan Westley, Managing Director of Experian’s Consumer Information Services, said that, ‘the current housing squeeze is not only impacting on first-time buyers but also second-time buyers; often people who have growing families and need more space. For families in some locations this can mean a choice between staying put or moving to another area in order to move up.’[1]

Westley acknowledges that, ‘getting that first foot on the ladder is an important step, but moving onto a larger home can be as challenging, particularly given the shortage of housing in some areas and the increased focus on affordability in mortgage lending rules.’[1]

Gaps

The gap between property types is widest north of the border, particularly around Glasgow, where the cost of a larger property is at least double that of a one or two bedroom home. Experian’s report also shows that many towns in this area are among the least affluent in the whole of the UK.

Majority of towns too expensive to upgrade in

Majority of towns too expensive to upgrade in

Paul Russell, Director of Analysis at Experian’s Decision Analytics commented, ‘the price we see for larger properties in these areas may be inflated by a population of relatively affluent Glasgow commuting families. This will have the effect of driving up demand and prices for larger homes, while the stock of smaller homes is not subject to the same levels of demand, keeping prices lower.’[1]

The top ten towns with the greatest per cent property price difference, with the exception of Greater London, were found to be:

Town Avg 1/2 Bed Cost Avg 3/4 Bed Cost Difference ( £) Difference (%)
   East Kilbride £72,687 £161,886 £89,199 123%
 Clydebank £77,535 £172,051 £94,516 122%
 Paisley £66,859 £142,865 £76,006 114%
 Burnley £64,654 £136,912 £72,257 112%
 Greenock £76,585 £159,803 £83,217 109%
 Hamilton £71,915 £143,913 £71,998 100%
 Abergavenny £96,992 £193,704 £96,712 100%
Farnham £225,865 £445,731 £219,866 97%
 Falkirk £65,013 £126,800 £61,787 95%
 High Wycombe £223,655 £434,384 £210,729 94%

 

[1] http://www.propertyreporter.co.uk/property/9-out-of-10-towns-too-expensive-for-families-to-trade-up.html

 

Tube Drivers Demand Pay to Match Rising House Prices

London Underground drivers could go on strike again after demanding pay increases that rise in line with house price growth.

After last week’s strike, services resumed this morning.

Tube Drivers Demand Pay to Match Rising House Prices

Tube Drivers Demand Pay to Match Rising House Prices

The RMT believes that pay – currently around £50,000 per year – should match the cost of housing, which is expected to rise by 25% by 2020.

The TSSA warns: “We cannot rule out further action.”1

While Aslef adds: “It will depend what happens with talks.”1

Leader of the RMT, Mick Cash, insists that the dispute is “not about money”1, but one of its leaflets suggests otherwise.

It reads: “Our pay settlement is also part of this dispute. We want a flat-rate increase for staff that keeps pace with increasing living costs, such as rent and house prices.”1

Chief Operating Officer of the London Underground, Steve Griffiths, argues: “No employer can afford to meet those sorts of demand.”1 

The capital experienced great transport difficulties on Thursday when 17,000 Tube staff walked out.

The cause of the strike is the planned introduction of night Tube services next month, which unions say has been rushed and will affect the work-life balance of staff.

They rejected a deal that would have put drivers’ starting pay over £50,000 per year and maintain their 52 leave days a year.

Commuters have given their opinions.

Kevin Greenan, of Pimlico, asks: “What do nurses earn, how many night shifts do they work?”1 

However, Peter from Clapham says: “LU workers deserve to get all their demands. They stuck together, kept their unions when everyone else got rid of theirs.”1

1 Keogh, P. (2015) ‘Tube unions demand pay rises match the boom in house prices’, Metro, 7 August, p.9