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Right To Rent rules for agents relaxed during virus crisis

By |2020-03-31T10:02:48+00:00March 31st, 2020|Company News|

The government has relaxed some provisions of the controversial Right To Rent regulations for the duration of the Coronavirus outbreak. The temporary changes will mean the Home Office will not require agents, landlords and employers to see original documents and will allow checks to be undertaken over video calls. This means that...

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Government urged to halt buy-to-let changes

By |2020-03-31T10:02:59+00:00March 31st, 2020|Company News|

The Government should consider postponing upcoming tax changes because of the COVID-19 outbreak, according to Apropos by DJ Alexander.  The property management firm wants to see the government delay implementing the final part of the loss of tax relief on borrowing to buy a rented property along with a delay to...

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‘Corona Clauses’ allowing tenants to delay lettings contracts

By |2020-03-31T10:02:50+00:00March 31st, 2020|Company News|

Knight Frank is reporting that tenants in high-value London markets are agreeing deals that allow them to delay the start of lettings contracts because of the Coronavirus. The agency says clauses are being written into super-prime lettings agreements that enable tenants to secure a property but only start paying rent once...

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“Give landlords 80% guaranteed rent” demands controversial agency

By |2020-03-31T10:02:56+00:00March 31st, 2020|Company News|

Part of the controversial Spicerhaart empire want the government to guarantee that some landlords receive 80 per cent of their usual rent income throughout the Coronavirus crisis.  Spicerhaart hit the headlines 10 days ago when there was a high number of lay-offs and permanent branch closures announced at short notice, minutes...

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Conquering Corona – portal offer, rental study, mental health help

By |2020-03-31T10:02:54+00:00March 31st, 2020|Company News|

Hello and welcome to the latest edition of Conquering Corona, our daily update helping the industry cope with the current crisis. If you have appropriate advice to share with the industry, please email us on [email protected] and we’ll let other agents and suppliers see it too. - Firstly today there’s an offer by...

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Belvoir franchisees being helped to “reshape their businesses”

By |2020-03-31T10:02:52+00:00March 31st, 2020|Company News|

Franchise giant Belvoir says it’s helping its franchisees “reshaping their businesses” to cope with the Coronavirus crisis. In a trading statement showing strong figures for the calendar year 2019, the company spent much of its time on the challenge of 2020. Chief executive Dorian Gonsalves tells shareholders in the statement: “Despite the...

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Right to Rent immigration checks adjusted to make it easier for landlords

By |2020-03-31T10:03:00+00:00March 31st, 2020|Company News|

Right to Rent checks has been temporarily adapted due to coronavirus, to make it easier for landlords to carry them out. Effective immediately, the temporary changes to the scheme, which requires landlords to check that all tenants who occupy their properties have legal status to live in the UK, will mean the...

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Housing market had looked set for a spring surge

By |2020-03-31T10:03:07+00:00March 31st, 2020|Company News|

The number of homes sold rose again in February to hit their highest level in six months in a further sign that the housing market was picking up before the coronavirus outbreak, new figures show. The data, gathered by NAEA Propertymark prior to the coronavirus outbreak being declared a pandemic, reveals that...

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New Gas Tag feature allows landlords to meet ‘regulatory obligations’

By |2020-03-31T10:03:05+00:00March 31st, 2020|Company News|

Gas Tag has launched a new feature to support landlords, housing providers, and contractors with compliance efforts during COVID-19. The update, designed to ensure that landlords meet regulatory requirements, such as annual gas safety checks and other compliance services during the outbreak, will allow engineers to report a failed access attempt...

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Mansfield BS caps BTL lending at 65% LTV

By |2020-03-31T10:03:02+00:00March 31st, 2020|Company News|

Mansfield Building Society has limited lending to 65% loan-to-value across its buy-to-let mortgage range in response to the coronavirus outbreak.  The Society has also temporarily suspended lending on holiday lets.  Paul Lewis, national development manager at The Mansfield, said: “We’ve developed some terrific broker relationships that we’re keen to continue to support throughout the ongoing crisis but...

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