Ask from our Property Experts

What our customers are asking:

What measures are proposed to address concerns about the building safety levy's impact on viability?

The government has proposed implementing differential levy rates based on local house prices and offering exemptions for smaller-scale developments. However, questions remain about the effectiveness of these measures in alleviating the financial burden on developers ...

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What makes Ringley's home buildings insurance calculator stand out?

Ringley's calculator is highly regarded and serves as a valuable tool for industry professionals and homeowners alike. It helps assess insurance premiums, offers estimates, and is a reference for accurate coverage determination. Ringley as a leading Managing Agent h...

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Why are the big names in the UK's property industry calling for clarity on EPC regulations?

UK property experts want clear guidance on how and when EPC regulations will be reformed as deadlines loom. There is a lot of confusion about EPC regulations and their implementation.

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How many fix term mortgages will end in 2023 to 2024?

More than two million mortgages will end their fixed term between 2023 and 2024. With rising interest rates, it will simply cost landlords more to refinance then, further complicating the market situation.Most tenants want to maintain the status quo and avoid paying ...

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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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What does the ruling mean for building owners in Newham?

The verdict serves as a clear warning to all building owners in Newham, underlining the necessity to promptly prioritise fire safety measures, including removing hazardous cladding. Failure to comply may lead to legal prosecution.

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Explain the factors or scoring criteria in FTSE4 Good Index series ESG risk ratings?

The FTSE4Good Index Series is a group of indices that measure the performance of companies that meet certain environmental, social, and governance (ESG) criteria. The FTSE4Good ESG Ratings are a set of scores that assess the level of ESG risk of companies included in...

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What are the benefits of a country having fiscal rules?

Fiscal rules help instill discipline in government finances to maintain sustainable debt levels. They also contribute to economic stability by creating a more predictable economic environment.

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Why do we need a Company to run the block/site?

A company is need to run the block or site as under UK law only 4 people can own a title at land registry. The involvement of Freehold & Resident Management Companies enable larger groups of people to be in control of a block.

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What changes are expected in EPC assessments in the UK by 2030?

By 2030, significant changes are anticipated, including the enforcement of the Standard Assessment Procedure (SAP 11) for domestic properties in 2025, improvements in EPC methodology, and potential performance-based policies for large commercial and industrial buildi...

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What are some examples of digital technologies in ground rent management?

Digital technologies include ground rent collection software that employs robotic accounting: demands, allocations, and bank reconciliation. By using direct debit the ground rent collector can manage what the customer needs to pay and rent reviews cannot be missed. ...

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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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How have service charges for flats changed over time?

Since 2018, service charges for flats in England and Wales have increased by 51.7 percent. It is the first time the average annual service charge has exceeded 1,000 per year. However, in the past 12 months, the increase has been more modest at 8.0 percent, aligning w...

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How deeply will data science impact the industry?

It depends on how real estate companies embrace technology and the areas where they want to leverage data science. There are endless potentials and possibilities. VirginLand by Ringley are a business intent on overhauling the land acquisition process through technolo...

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What are vital aspects of the law of the landlord and tenant?

Iperion Investments Corp. V Broadwalk House Residents Ltd [1995] 2 EGLR 47SummaryIperion Investments Corp. v Broadwalk House Residents Ltd [1995] 2 EGLR 47 was a dispute involving rights of management and service charge as executed in a residential lease. The details...

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Which types of buildings will fall under the higher risk regime?

Residential buildings (with at least two units), care homes, and hospitals that are 18m tall or have at least 7 storeys will be subject to the new regime.

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How did COVID-19 affect short-term and long-term let-downs in the UK?

The pandemic boosted short-term lets with a surge in domestic travel. Landlords shifted to tourist markets like the Lake District and Cornwall, displacing locals. The UK staycation trend has continued post-pandemic.

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What are zero deposit schemes, and why are they controversial?

Zero deposit schemes require tenants to pay a fee equivalent to one week's rent instead of the traditional five-week deposit. They are controversial because the fee is non-refundable, tenants remain liable for damages, and additional costs may be incurred.

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What are the Building Safety Act limitation periods

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 takes effect).

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What Is The Levelling Up Fund?

Levelling Up was launched to make the rich and poor areas of the country more equal. The aim was to create more jobs and support the economy.

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What measures should the UK government focus on to overcome the housing crisis?

The UK government needs to primarily focus on the supply side of the problem. This involves building more houses by providing available land and offering incentives for construction. Also, it is crucial to prioritise the quality and affordability of both new and exis...

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What is the difference between the Developer Remediation Contract 'DRC' and the Self Remediation Contract 'SRC'?

The Developer Remediation Contract 'DRC' applies in England and the Self Remediation Contract 'SRC' applies in Wales. Both are the government to address remedial works and life-critical fire safety defects in residential buildings measuring 11 meters or higher.

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What grounds did the leaseholders argue for their right to manage?

The leaseholders argued that they met the requirements based on the default provisions of section 76(2)(a), which states that a long lease lasts for more than 21 years. They contended that their shared ownership leases should be considered "long leases" under this pr...

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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

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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.

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What is the impact of the 2022 Autumn budget changes on the Inheritance Tax threshold and the annual exemption on Capital Gains Tax?

The capital gains tax threshold before which CGT becomes payable reduces from April 2023 to 6,000 from the present 12,300. It will further reduce to 3,000 from April 2024 onwards. Pundits argue some will consider selling land and property assets now in haste before ...

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Is sharing The How to Rent Guide with tenants mandatory?

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 since 10th June 2014. The guide has been updated 10 times since. The latest guide is March 2023.

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The questions of the reasonableness of the service charges and, if applicable, the construction of the arrangement previously made between the parties concerning the management.

Poynders Court Limited v GLS Property Management Ltd [2012] UKUT 339 (LC)SummaryThe case of Poynders Court Limited v GLS Property Management Ltd [2012] UKUT 339 (LC) intends to resolve the issue between Poynders Court Limited, a company for residential management, an...

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What Accounts need to be prepared?

A freehold/resident’s management/right to manage company has to comply with both the Companies Act and the Landlord & Tenant Acts accounting provisions. This means that 'company accounts' have to be filed with Companies House and 'service charge accounts' have to...

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When does homeownership become a suitable option?

Lower interest rates and availability of higher deposit makes homeownership a better option as the monthly loan instalments will be lower than monthly rent.

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Ask our Experts

What our customers are asking:

What measures are proposed to address concerns about the building safety levy's impact on viability?

What makes Ringley's home buildings insurance calculator stand out?

Why are the big names in the UK's property industry calling for clarity on EPC regulations?

UK property experts want clear guidance on how and when EPC regulations will be reformed as deadlines loom. There is a lot of confusion about EPC regulations and their implementation.

How many fix term mortgages will end in 2023 to 2024?

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.

What does the ruling mean for building owners in Newham?

Explain the factors or scoring criteria in FTSE4 Good Index series ESG risk ratings?

What are the benefits of a country having fiscal rules?

Fiscal rules help instill discipline in government finances to maintain sustainable debt levels. They also contribute to economic stability by creating a more predictable economic environment.

Why do we need a Company to run the block/site?

What changes are expected in EPC assessments in the UK by 2030?

What are some examples of digital technologies in ground rent management?

How do heat pumps work?

How have service charges for flats changed over time?

How deeply will data science impact the industry?

What are vital aspects of the law of the landlord and tenant?

Which types of buildings will fall under the higher risk regime?

Residential buildings (with at least two units), care homes, and hospitals that are 18m tall or have at least 7 storeys will be subject to the new regime.

How did COVID-19 affect short-term and long-term let-downs in the UK?

What are zero deposit schemes, and why are they controversial?

What are the Building Safety Act limitation periods

What Is The Levelling Up Fund?

Levelling Up was launched to make the rich and poor areas of the country more equal. The aim was to create more jobs and support the economy.

What measures should the UK government focus on to overcome the housing crisis?

What is the difference between the Developer Remediation Contract 'DRC' and the Self Remediation Contract 'SRC'?

What grounds did the leaseholders argue for their right to manage?

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

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.

What is the impact of the 2022 Autumn budget changes on the Inheritance Tax threshold and the annual exemption on Capital Gains Tax?

Is sharing The How to Rent Guide with tenants mandatory?

The questions of the reasonableness of the service charges and, if applicable, the construction of the arrangement previously made between the parties concerning the management.

What Accounts need to be prepared?

When does homeownership become a suitable option?

Lower interest rates and availability of higher deposit makes homeownership a better option as the monthly loan instalments will be lower than monthly rent.

Ask from our Property Experts

What our customers are asking:

What our customers are asking:

What measures are proposed to address concerns about the building safety levy's impact on viability?

What makes Ringley's home buildings insurance calculator stand out?

Why are the big names in the UK's property industry calling for clarity on EPC regulations?

How many fix term mortgages will end in 2023 to 2024?

What is the housing situation in the UK?

What does the ruling mean for building owners in Newham?

Explain the factors or scoring criteria in FTSE4 Good Index series ESG risk ratings?

What are the benefits of a country having fiscal rules?

Why do we need a Company to run the block/site?

What changes are expected in EPC assessments in the UK by 2030?

What are some examples of digital technologies in ground rent management?

How do heat pumps work?

How have service charges for flats changed over time?

How deeply will data science impact the industry?

What are vital aspects of the law of the landlord and tenant?

Which types of buildings will fall under the higher risk regime?

How did COVID-19 affect short-term and long-term let-downs in the UK?

What are zero deposit schemes, and why are they controversial?

What are the Building Safety Act limitation periods

What Is The Levelling Up Fund?

What measures should the UK government focus on to overcome the housing crisis?

What is the difference between the Developer Remediation Contract 'DRC' and the Self Remediation Contract 'SRC'?

What grounds did the leaseholders argue for their right to manage?

Is all-inclusive rent a prevalent practice in the UK?

Where are the Service Charge monies held?

What is the impact of the 2022 Autumn budget changes on the Inheritance Tax threshold and the annual exemption on Capital Gains Tax?

Is sharing The How to Rent Guide with tenants mandatory?

The questions of the reasonableness of the service charges and, if applicable, the construction of the arrangement previously made between the parties concerning the management.

What Accounts need to be prepared?

When does homeownership become a suitable option?

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