Category: Landlords

Anything that may be of interest to landlords

  • Is now the time for landlords to consider installing central heating?

    On the odd occasion I encounter a rental property with no central heating where the heating in the property is dependent on convector heaters. Invariably the topic of the heating system comes up in conversation with questions like Should I install central heating? What level of rent could I expect if I installed central heating? What would the payback period be? I can never be precise in answering these difficult questions but we may be getting closer to a time that landlords will need to consider installing central heating.

    The Energy Bill has just had it’s 2nd reading in the House of Commons. As the bill progresses towards Royal Assent it may be useful for landlords to be mindful of what impact this may have on them. Under the proposed bill we are likely to see regulations that allow tenants to make requests to improve the energy efficiency of a rented property. What if they were to request a more efficient heating system?

    In a recent case of Bristol City Council v Aldfrod Two LLP [2011] UKUT 130 (LC) it is clear most EHOs have a strong dislike of convector heating systems and a powerful preference for gas central heating which they see as more energy efficient, environmentally friendly, effective and controllable. This is particularly relevant where the tenant is a benefit claimant with visits from Housing Officers now commonplace and therefore the issue of inefficient heating systems is more likely to come to light.

    Whilst none of this is law and we are unlikely to see a ‘central heating law’ The days of leaving your tenants to gather around a candle for warmth may be numbered.

  • Two things landlords must do before they serve a Section 21 notice

    1. Tenancy deposits protection. Most landlords take a tenancy deposit, also
      known as a damage deposit or bond. Since April 2007 landlords have had to protect this deposit in one of the three government authorised tenancy deposit schemes, and serve a notice giving prescribed information on the tenant. The regulations also say that if you have not done this, then any section 21 notice will be invalid. So make sure you have protected your deposit properly and given your tenants the required information before serving your section 21 notice.
    2. HMO licensing. Most properties where there are three or more
      unrelated tenants will be classed as an HMO. Some HMOs (but not all) now
      need to have a license from the Local Authority. The regulations set out basic
      requirements for certain types of HMO to be licensed but Local Authorities can
      also require other properties in their area to have a license too. So the best thing
      to do, if you are not sure, is to speak to a Housing Officer at your Local Authority. If you need to be licensed and you are not then any section 21 notice will be invalid.
  • Find the latest rental levels, rental yields and tenant demand in Mid-Somerset

    Landlords…

    • Curious about how your rent compares?
    • Want to know which properties and areas in Mid-Somerset are giving the best yields?
    • Want to know what tenant demand is like?

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    01458 837 602 or info@jungleproperty.co.uk