The network is open to anyone who is interested in Property, whether you are a seasoned investor, new to investing or haven’t yet made that big property leap.
We meet monthly to chat about property in a relaxed environment.
The post Hemel Landlord Property Network- Meet Mark Alexander Tuesday 26th May appeared first on Property118.
The Financial Conduct Authority (FCA) has announced proposals which will continue support for customers who are struggling to pay their mortgage due to coronavirus.
The proposal outlines the options firms will be required to provide customers coming to an end of a payment holiday
The post FCA proposal to extend mortgage payment holidays to 31st October appeared first on Property118.
A second Coronavirus bill was passed by Scottish Government 20 May 2020 and thanks to lobbying by Scottish Association of Landlords (SAL) proposed amendments to enact a two-year private sector rent freeze; place a two-year ban on tenant evictions for rent arrears.and extinguish rent arrears in cases of extreme hardship as a result of Coronavirus were defeated.
The Scottish government have released their phased plan for reopening of the economy and have included construction and the housing market: ‘Coronavirus (COVID-19): framework for decision making – Scotland’s route map through and out of the crisis’ >> Click here
Phase 1: following the 28 May end-of-cycle review of the COVID-19 regulations
We have three very nice tenants (three individuals) in one of our rental properties who have stayed in the property for years.
We are currently selling this property and have found a buyer. The deal is fairly close to the position of exchanging the contracts and we have offered the tenants to move into another vacant rental property we own.
The NRLA are supporting calls by MPs on Parliament’s Housing, Communities and Local Government Select Committee to boost the financial support available to tenants during the COVID-19 outbreak.
Responding to the Committee’s calls for the Local Housing Allowance to be set at a rate that reflects real market rents
The house I rent to students was water damaged by storms and my tenant was unable to use her room for 10 days.
She therefore went home as the University was Closed.
I have offered her two weeks rent
The post Uni tenant demanding 3 months rent for water damage? appeared first on Property118.
During the pandemic, many employees will have found themselves furloughed, or worse, without employment. This means that they might struggle to continue to pay their rent.
If you have a tenant who has not kept up with payments and has built up rental arrears there are steps you can take.