Extended a lease under the Notice section 42 A Section 42 Notice is used to start the process of the leaseholder requesting the landlord to extend their lease on a property. This provides a leaseholder with an extension of 90 years in addition to the remaining lease term and a ground rent reduced to zero. You should use a qualified …
According to Chestertons, in Central London landlords are forced to drop the prices of their rents due to their properties like apartments, stores, shops, etc. on average by 10%. There are several factors which contributed to the reduction of London rental values. One of the factors is the number of students coming over from abroad looking for houses, who are …
Under the coronavirus Act 2020, the UK government placed a ban on evictions until June, and this was further extended to at least 23rd August 2020. The eviction ban has caused misery for many landlords. Some will end up losing their property due to their inability to pay the monthly mortgage as a direct consequence of non-paying tenants. The mortgage …
Trecarrell House Ltd v Patricia Rouncefield the gas safety certificate issue Last few years for landlords things have got worse, with more red tape and further taxes and COVID-19 was the icing on the cake. Many landlords left with rent arrears they will never be able to recover. Something had to go right, some good news from somewhere, Trecarrell House …
What is a CCJ A CCJ – County Court Judgment is a court order that is sometimes issued against a defendant who is unable to repay their debts. It is one way that creditors can use to try and recoup money from someone who has failed to pay back a debt. If a CCJ is issued against you, it will …
Possibly, more bad news for London landlords. The mayor of London, Mr Sadiq Khan, for his re-election campaign is proposing rent controls to be introduced, on the proviso, he wins another term in office. Mr Khan in a bid for re-election said Mr Boris Johnson should not continue to ignore demands for the policy on rent control as he would …
Following the Deregulation Act 2015 being enacted, the section 21 procedure has become more complex than it was prior to the enactment of this Act. This is because there are now more legal obligations to meet, known as the prescribed requirements, which if not complied with, will result in a restriction on serving a valid section 21 notice. This, however, …