Ask from our Property Experts

What our customers are asking:

What is the core issue with pooled client accounts for letting agents in the UK?

The challenge revolves around the closure or reluctance of banks to open pooled client accounts for letting agents, citing violations of anti-money laundering (AML) regulations.

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Equitable doctrines insofar as informal agreements or assurances may be reached upon for matters dealing with property ownership and the expectations that ensue post any such agreement.

Gabb v Farrokhzad [2022] EWHSummaryThe case of Gabb v Farrokhzad [2022] EWHC 212 (Ch) is a judgment passed in the Chancery Division of the High Court of England and Wales governing complex issues such as property rights, proprietary estoppel, and constructive trusts....

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How does building height affect fire door inspections?

Under the Fire Safety Act, buildings below 11 meters require communal fire door inspections twice a year, while those above 11 meters must get communal doors and front apartment doors inspected four times a year.

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What are the proposed changes regarding ground rents?

The government is seeking opinions on various proposals, including setting ground rents at a nominal amount, establishing a maximum financial limit, capping ground rents as a percentage of property value, restricting ground rent in existing leases, and freezing groun...

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How does the Leasehold and Freehold Reform Bill aim to benefit current leaseholders?

The bill primarily intends to simplify and reduce costs for leaseholders looking to extend their lease or purchase their freehold.

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What is asbestos surveying?

Asbestos Type 2 survey includes taking samples – The presence of asbestos can be confirmed or ruled out after samples undergo lab analysis. This type of survey will also identify the type of asbestos present and the level of risk involved.

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Is the limitation period under the Building Safety Act 15 or 30 years?

The answer is BOTH. Specifically the Act extents the limitation period to 15 years prospectively for claims under s1 and s2A (claims that accrue after the Act takes effect); and to 30 years retrospectively for claims under s1 (claims that accrued before the Act take...

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Over what claims did John Christodoulou lose the 1.6 million pounds case?

John Christodoulou lost a 1.6 million case over excessive insurance costs in the war of attrition at the prime Canary Riverside site in Londons Docklands.

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What can the UK learn from the US coliving model?

The UK can learn valuable lessons from the US coliving model, such as addressing housing affordability issues, offering high-quality living spaces, and catering to diverse demographics.

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Will the Renting Home Act cost tenants money or result in higher rents?

The act will cost nothing and will not raise rents.

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How is Scottish Land & Estates proposing to address these issues?

The organisation is advocating for a more flexible approach. They want an open registration process maintained while actively engaging with the industry and its representatives to refine the regulations.

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Is it mandatory for the landlords to share the guide with the tenants?

Yes, it has been made mandatory for the landlords to share the latest version of the How To Rent guide with the tenants at the beginning of the tenancy or on renewal.

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How much can households save with heat pumps?

Depending on energy prices, households can save substantially annually by using heat pumps with smart electricity tariffs and removing gas meters. Actual savings vary based on the heat pump's efficiency, but optimising insulation and radiators can further reduce costs.

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What happens if they dont comply with the legislation?

Beneficial owners will not have an overseas entity ID and cannot register a change of interest at the relevant land registry. This will prohibit that entity from buying or selling property or land in the UK.

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What is the average cost of installing GSHP?

The average cost of installing a GSHP system can range from 10,000 to 20,000 or more for a typical domestic installation in the UK. Still, it depends on various factors, such as the systems size, location of installation, and complexity.

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How does the freezing of housing benefits affect renters?

It will prevent access to LHA or local housing allowance for those who rent their homes. Shelter suggests that tenants will lose nearly 1,000 yearly due to rising rents and the new benefits freeze.

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How to market a building: step by step ?

Launch planning includes recruting the team, opening the lettings office and dry run training, tech enablement, visiting competing product, a final review of rent pricing, arranging videography, development websites, show flat furniture, notifying the press, universi...

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How do heat pumps work?

Heat pumps capture heat from air, ground, or water sources and use a compressor to raise its temperature before transferring it to water to heat radiators, underfloor systems, and hot water cylinders.

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What is a management company responsible for?

A management company is usually formed by the developer of a block of flats or the residents themselves. It is a bone fide company registered at Companies House with associated Directors. It is formed to ensure the running of the block has an accountable legal entity...

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What shocking statement did the FCA's executive director make during the committee session?

Sheldon Mills, the FCA's executive director for consumers and competition, stated that the FCA had only become aware of the leasehold insurance concerns shortly before being prompted by Michael Gove to initiate an investigation.

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Why do people prefer to settle in Wembley?

Wembleys location, entertainment, regeneration, and affordability make it an attractive place, especially for todays generation.

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What Is BBRS?

The Business Banking Resolution Service (BBRS) is an independent, not-for-profit service. It was established to resolve disputes between SMEs and their banks.

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What is the 90 day short let cap?

Airbnb replied to the concerns about the number of listings and their impact and stated that they take housing concerns seriously and have previously worked with the Mayor to enforce a 90-night cap on rentals in London.

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How will building biology make future homes more sustainable?

Building biology prioritises sustainability by encouraging eco-friendly practices and reducing environmental impact.

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What are the trading standards requirements for technology on words used for property listings?

The guidance was updated to enhance property-listing practices, making them more consumer-friendly and transparent, in line with the Consumer Protection from Unfair Trading Regulations 2008. The terms formally defined are:Under Offer, Let Agreed, Let, New On The Mar...

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Why were UK banks initially hesitant to provide loans for flats with cladding after the Grenfell Tower tragedy?

UK banks were concerned about safety risks and potential costs associated with remediation procedures for flats with cladding after the Grenfell Tower tragedy. Ultimately, they have to protect their security.

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What is Michael Gove's urban rebirth housing plan?

Michael Gove's plan aims to build 50,000 new homes in Cambridge as part of the government's broader goal of constructing one million new homes in cities during this parliamentary term. The plan focuses on addressing the long-standing housing undersupply issue in the ...

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What are the 2022 UK Build to Rent (BTR) statistics?

To date (2the 022l the UK has seen the construction of circa 76,800 BTR homes through a 30 billion investment. Over 163,400 BTR homes are in the pipeline. Estimates confirm that the next decade will witness the completion of over 38170 million homes with 170 billio...

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What is the housing situation in the UK?

The UK is facing a serious housing shortage marked by a persistent scarcity of residences. The government aims to build 300,000 new homes annually to meet demand and maintain affordability.

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How many landlords receive help from local authorities to tackle the anti-social behaviour of tenants?

Only about 15 percent of landlords receive help from local authorities to tackle anti-social behaviour. This needs to change if The Renters Reform Bill becomes law in 2023 as the government is likely to go ahead and scrap section 21 repossession notices. The tougher...

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Ask our Experts

What our customers are asking:

What is the core issue with pooled client accounts for letting agents in the UK?

The challenge revolves around the closure or reluctance of banks to open pooled client accounts for letting agents, citing violations of anti-money laundering (AML) regulations.

Equitable doctrines insofar as informal agreements or assurances may be reached upon for matters dealing with property ownership and the expectations that ensue post any such agreement.

How does building height affect fire door inspections?

What are the proposed changes regarding ground rents?

How does the Leasehold and Freehold Reform Bill aim to benefit current leaseholders?

The bill primarily intends to simplify and reduce costs for leaseholders looking to extend their lease or purchase their freehold.

What is asbestos surveying?

Is the limitation period under the Building Safety Act 15 or 30 years?

Over what claims did John Christodoulou lose the 1.6 million pounds case?

John Christodoulou lost a 1.6 million case over excessive insurance costs in the war of attrition at the prime Canary Riverside site in Londons Docklands.

What can the UK learn from the US coliving model?

The UK can learn valuable lessons from the US coliving model, such as addressing housing affordability issues, offering high-quality living spaces, and catering to diverse demographics.

Will the Renting Home Act cost tenants money or result in higher rents?

The act will cost nothing and will not raise rents.

How is Scottish Land & Estates proposing to address these issues?

Is it mandatory for the landlords to share the guide with the tenants?

Yes, it has been made mandatory for the landlords to share the latest version of the How To Rent guide with the tenants at the beginning of the tenancy or on renewal.

How much can households save with heat pumps?

What happens if they dont comply with the legislation?

What is the average cost of installing GSHP?

How does the freezing of housing benefits affect renters?

It will prevent access to LHA or local housing allowance for those who rent their homes. Shelter suggests that tenants will lose nearly 1,000 yearly due to rising rents and the new benefits freeze.

How to market a building: step by step ?

How do heat pumps work?

What is a management company responsible for?

What shocking statement did the FCA's executive director make during the committee session?

Why do people prefer to settle in Wembley?

Wembleys location, entertainment, regeneration, and affordability make it an attractive place, especially for todays generation.

What Is BBRS?

The Business Banking Resolution Service (BBRS) is an independent, not-for-profit service. It was established to resolve disputes between SMEs and their banks.

What is the 90 day short let cap?

How will building biology make future homes more sustainable?

Building biology prioritises sustainability by encouraging eco-friendly practices and reducing environmental impact.

What are the trading standards requirements for technology on words used for property listings?

Why were UK banks initially hesitant to provide loans for flats with cladding after the Grenfell Tower tragedy?

What is Michael Gove's urban rebirth housing plan?

What are the 2022 UK Build to Rent (BTR) statistics?

What is the housing situation in the UK?

The UK is facing a serious housing shortage marked by a persistent scarcity of residences. The government aims to build 300,000 new homes annually to meet demand and maintain affordability.

Ask from our Property Experts

What our customers are asking:

What our customers are asking:

What is the core issue with pooled client accounts for letting agents in the UK?

Equitable doctrines insofar as informal agreements or assurances may be reached upon for matters dealing with property ownership and the expectations that ensue post any such agreement.

How does building height affect fire door inspections?

What are the proposed changes regarding ground rents?

How does the Leasehold and Freehold Reform Bill aim to benefit current leaseholders?

What is asbestos surveying?

Is the limitation period under the Building Safety Act 15 or 30 years?

Over what claims did John Christodoulou lose the 1.6 million pounds case?

What can the UK learn from the US coliving model?

Will the Renting Home Act cost tenants money or result in higher rents?

How is Scottish Land & Estates proposing to address these issues?

Is it mandatory for the landlords to share the guide with the tenants?

How much can households save with heat pumps?

What happens if they dont comply with the legislation?

What is the average cost of installing GSHP?

How does the freezing of housing benefits affect renters?

How to market a building: step by step ?

How do heat pumps work?

What is a management company responsible for?

What shocking statement did the FCA's executive director make during the committee session?

Why do people prefer to settle in Wembley?

What Is BBRS?

What is the 90 day short let cap?

How will building biology make future homes more sustainable?

What are the trading standards requirements for technology on words used for property listings?

Why were UK banks initially hesitant to provide loans for flats with cladding after the Grenfell Tower tragedy?

What is Michael Gove's urban rebirth housing plan?

What are the 2022 UK Build to Rent (BTR) statistics?

What is the housing situation in the UK?

How many landlords receive help from local authorities to tackle the anti-social behaviour of tenants?

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