What our customers are asking:
What are the new energy efficiency rules for the private residential rental sector in the UK?
The UK government is proposing to raise the minimum Energy Performance Certificate (EPC) rating to a band C by 2025 for new residential tenancies and for all tenancies by 2028.
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Read by(2)
Why is good communication recommended?
Clear and regular communication helps mitigate instances of disputes between the landlords and the tenants.
Read moreRead by(2)
How often should communal door inspections be conducted?
Communal door inspections should be conducted at least every three months as a minimum requirement to ensure fire safety compliance.
Read moreRead by(2)
What should be checked during a communal door inspection?
During a communal door inspection, several aspects should be examined, including the functionality of self-closing devices, potential alterations that might affect the door's performance, the presence of combined smoke and fire seals, and the door's certification.
Read moreRead by(2)
What specific concerns were raised regarding recent government announcements about fines under the Right to Rent policy?
The NRLA expressed concerns that these announcements may wrongly attribute sole responsibility to landlords for individuals living in the country illegally.
Read moreRead by(2)
What are some of the leading developments in the coliving market in Japan?
Hines, a real estate firm, has made strategic acquisitions in Japan, securing multifamily properties in cities like Nagoya and Fukuoka.
Read moreRead by(2)
What was the highest annual inflation rate observed in December 2023, and why?
Mortgagor owner-occupier households experienced the highest annual inflation rate, reaching 6.3 per cent. This increase was mainly due to rising mortgage interest payments, reflecting changes in interest rates or other factors affecting mortgage costs.
Read moreRead by(2)
What happens if a developer does not pay the Building Safety Levy?
Non-payment of the levy will lead to authorities withholding or rejecting the final building control certification on a development.
Read moreRead by(2)
Which event was responsible for the formation of the Building Safety Act 2022?
The Grenfell Tower Fire Disaster was responsible for initiating the Building Safety Act 2022.
Read moreRead by(2)
What is the latest development on the cladding issue?
Some leading mortgage lenders have agreed to lend on properties with cladding issues subject to certain conditions.
Read moreRead by(2)
Q1: In broad terms what might the valuation approach be to sell a balcony to a flat and give them the right to enclose it subject to planning permission etc when their current legal status is a right to use the balcony only. Q2: We live in a 5 year old development and have problems with the property developer repairing loose and leaky roofs on these three buildings. Crest sold the freehold to a leaseholder-owned freehold company, but some of these problems predate this changeover. Q3: The management company is supposed to run the development on behalf of the freehold company, and the management company deals with the hiring and firing of the agent. it seems that the freehold company can only step in if the management company are failing to do their job. I do wonder what power the 3 freehold company directors have in forcing an agent change, without having to propose a resolution of all members (which we are far from certain would be successful). Incidentally, there does not appear to be anything in the management company's articles of association requiring management company members to consent to a change of agent - it seems to be simply a board decision. There is however a requirement to consult members only when something will cost more that 250 per flat (ie. exceeds approx 15,000), but I don't think this applies to a change of agent?
ANSWER 1: In broad terms the valuation approach might be Added value to property from the extra floor space (post development) Less build costs = Equals residual land value to be shared between the parties The residual land value of the balcony is released by the mar...
Read moreRead by(1)
What means do you use to collect service charge?
Our in-house Legal Services team monitor the collection of service charges. Arrears reach the litigation stage within the quarter in which they are billed.
Read moreRead by(1)
Where are the Service Charge monies held?
All owner’s funds are held in a unique bank account just for the site, with interest accruing to the fund and that the money is held in trust so that the bank have no call on funds.
Read moreRead by(1)
Is all-inclusive rent a prevalent practice in the UK?
Bills included rent is not common practice in the UK's private rental sector. Landlords providing student accommodation adopt the all-inclusive rent system
Read moreRead by(1)
When did Chancellor Jeremy Hunt announce the 2022 Autumn Budget?
Jeremy Hunt presented the Autumn Budget on Thursday, 17th November 2022.
Read moreRead by(1)
How many renters are affected by the 2020 housing benefit freeze?
1.9 Million Renters
Read moreRead by(1)
What are permitted development rights (PDR)?
PDR, or Permitted development rights, are planning rights to develop without the need to jump through all the hoops that the normal planning process requires. For example, in 2013 permitted development rights were given for office-to-residential conversion in most a...
Read moreRead by(1)
Why are rented homes becoming expensive in the UK?
The key reason for the increase in renting costs in the UK is the shortage of quality homes across the country. People who would ordinarily buy putting their plans on hold due to the cost of living crisis and rising mortgage rates, renting instead, and, the fact that...
Read moreRead by(1)
Can buildings under 18 meters receive funding for cladding problems?
Yes The Medium-rise Scheme will cover unsafe or unsellable buildings with heights between 11m and 18m. It is to be rolled out in 2023 on 60 buildings with mitigation measures in place.
Read moreRead by(1)
What is the number of completed homes in the UK in 2022?
The number of completed homes at the end of June 2022 was 173,520.
Read moreRead by(1)
What is the average price of a house in the UK in 2022?
The average house price in the UK is 294,559, according to September 2022 data.
Read moreRead by(1)
When did the government introduce regulations for reducing carbon emissions for new-build homes?
New-build regulations to reduce carbon emissions by a minimum of 30 percent came into effect on 15 June 2022.
Read moreRead by(1)
What is meant by anti-social tenants?
Anti-social tenants are those whose behaviour or activities can cause harm to others in the community. Their activities can make other tenants on the property feel insecure, alarmed, or distressed. Anti-social behaviour comes in many forms from noise, nuisance, thre...
Read moreRead by(1)
What is the percentage of respondents experiencing abusive language at work according to the latest IRPM Well-being Survey?
The latest IRPM survey on well-being found that over 90 percent of respondents experience abusive language.
Read moreRead by(1)
What will be the next phase of leasehold reform?
The next phase of lease reform will involve protecting leaseholders from poor property management and enabling them to take over property management smoothly.
Read moreRead by(1)
Who can execute the neighborhood development plans?
Neighborhood planning can be managed only by the town and parish councils or neighborhood forums. The forums are community groups designated to execute neighborhood planning in areas with no parishes.
Read moreRead by(1)
What happens to new homes built after 2025?
New homes built after 2025 will not need energy efficiency retrofit work to become zero-carbon. The electricity grid will continue to decarbonise.
Read moreRead by(1)
Is the situation expected to improve soon?
Housing industry experts reckon house prices will stabilize and come down in 2023.
Read moreRead by(1)
Ask our Experts
What our customers are asking:
What are the new energy efficiency rules for the private residential rental sector in the UK?
The UK government is proposing to raise the minimum Energy Performance Certificate (EPC) rating to a band C by 2025 for new residential tenancies and for all tenancies by 2028.
Read More
Why is good communication recommended?
Clear and regular communication helps mitigate instances of disputes between the landlords and the tenants.
Read More
How often should communal door inspections be conducted?
Communal door inspections should be conducted at least every three months as a minimum requirement to ensure fire safety compliance.
Read More
What should be checked during a communal door inspection?
During a communal door inspection, several aspects should be examined, including the functionality of self-closing devices, potential alterations that might affect the door's performance, the presence of combined smoke and fire seals, and the door's certification.
Read More
What specific concerns were raised regarding recent government announcements about fines under the Right to Rent policy?
The NRLA expressed concerns that these announcements may wrongly attribute sole responsibility to landlords for individuals living in the country illegally.
Read More
What are some of the leading developments in the coliving market in Japan?
Hines, a real estate firm, has made strategic acquisitions in Japan, securing multifamily properties in cities like Nagoya and Fukuoka.
Read More
What was the highest annual inflation rate observed in December 2023, and why?
Mortgagor owner-occupier households experienced the highest annual inflation rate, reaching 6.3 per cent. This increase was mainly due to rising mortgage interest payments, reflecting changes in interest rates or other factors affecting mortgage costs.
Read More
What happens if a developer does not pay the Building Safety Levy?
Non-payment of the levy will lead to authorities withholding or rejecting the final building control certification on a development.
Read More
Which event was responsible for the formation of the Building Safety Act 2022?
The Grenfell Tower Fire Disaster was responsible for initiating the Building Safety Act 2022.
Read More
What is the latest development on the cladding issue?
Some leading mortgage lenders have agreed to lend on properties with cladding issues subject to certain conditions.
Read More
Q1: In broad terms what might the valuation approach be to sell a balcony to a flat and give them the right to enclose it subject to planning permission etc when their current legal status is a right to use the balcony only. Q2: We live in a 5 year old development and have problems with the property developer repairing loose and leaky roofs on these three buildings. Crest sold the freehold to a leaseholder-owned freehold company, but some of these problems predate this changeover. Q3: The management company is supposed to run the development on behalf of the freehold company, and the management company deals with the hiring and firing of the agent. it seems that the freehold company can only step in if the management company are failing to do their job. I do wonder what power the 3 freehold company directors have in forcing an agent change, without having to propose a resolution of all members (which we are far from certain would be successful). Incidentally, there does not appear to be anything in the management company's articles of association requiring management company members to consent to a change of agent - it seems to be simply a board decision. There is however a requirement to consult members only when something will cost more that 250 per flat (ie. exceeds approx 15,000), but I don't think this applies to a change of agent?
ANSWER 1: In broad terms the valuation approach might be Added value to property from the extra floor space (post development) Less build costs = Equals residual land value to be shared between the parties The residual land value of the balcony is released by the mar...
Read More
What means do you use to collect service charge?
Our in-house Legal Services team monitor the collection of service charges. Arrears reach the litigation stage within the quarter in which they are billed.
Read More
Where are the Service Charge monies held?
All owner’s funds are held in a unique bank account just for the site, with interest accruing to the fund and that the money is held in trust so that the bank have no call on funds.
Read More
Is all-inclusive rent a prevalent practice in the UK?
Bills included rent is not common practice in the UK's private rental sector. Landlords providing student accommodation adopt the all-inclusive rent system
Read More
When did Chancellor Jeremy Hunt announce the 2022 Autumn Budget?
Jeremy Hunt presented the Autumn Budget on Thursday, 17th November 2022.
Read More
What are permitted development rights (PDR)?
PDR, or Permitted development rights, are planning rights to develop without the need to jump through all the hoops that the normal planning process requires. For example, in 2013 permitted development rights were given for office-to-residential conversion in most a...
Read More
Why are rented homes becoming expensive in the UK?
The key reason for the increase in renting costs in the UK is the shortage of quality homes across the country. People who would ordinarily buy putting their plans on hold due to the cost of living crisis and rising mortgage rates, renting instead, and, the fact that...
Read More
Can buildings under 18 meters receive funding for cladding problems?
Yes The Medium-rise Scheme will cover unsafe or unsellable buildings with heights between 11m and 18m. It is to be rolled out in 2023 on 60 buildings with mitigation measures in place.
Read More
What is the number of completed homes in the UK in 2022?
The number of completed homes at the end of June 2022 was 173,520.
Read More
What is the average price of a house in the UK in 2022?
The average house price in the UK is 294,559, according to September 2022 data.
Read More
When did the government introduce regulations for reducing carbon emissions for new-build homes?
New-build regulations to reduce carbon emissions by a minimum of 30 percent came into effect on 15 June 2022.
Read More
What is meant by anti-social tenants?
Anti-social tenants are those whose behaviour or activities can cause harm to others in the community. Their activities can make other tenants on the property feel insecure, alarmed, or distressed. Anti-social behaviour comes in many forms from noise, nuisance, thre...
Read More
What is the percentage of respondents experiencing abusive language at work according to the latest IRPM Well-being Survey?
The latest IRPM survey on well-being found that over 90 percent of respondents experience abusive language.
Read More
What will be the next phase of leasehold reform?
The next phase of lease reform will involve protecting leaseholders from poor property management and enabling them to take over property management smoothly.
Read More
Who can execute the neighborhood development plans?
Neighborhood planning can be managed only by the town and parish councils or neighborhood forums. The forums are community groups designated to execute neighborhood planning in areas with no parishes.
Read More
What happens to new homes built after 2025?
New homes built after 2025 will not need energy efficiency retrofit work to become zero-carbon. The electricity grid will continue to decarbonise.
Read More
Is the situation expected to improve soon?
Housing industry experts reckon house prices will stabilize and come down in 2023.
Read More
