What our customers are asking:
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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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...
Read moreRead by(21)
An important decision needs to be voted on. Do we have to wait for the next AGM?
No. The Board or 5% of the Shareholders can call an Extraordinary General Meeting (EGM).
Read moreRead by(21)
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.
Read moreRead by(21)
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.
Read moreRead by(21)
What happened during the Levelling Up Select Committee session regarding the Renters Reform Bill?
During the Levelling Up Select Committee, an all-party group of MPs responsible for scrutinising government legislation posed questions to various individuals. The session focused on areas such as the implications of a new ombudsman for the private rented sector, the...
Read moreRead by(21)
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.
Read moreRead by(21)
How does the Energy Company Obligation scheme 'ECO4' scheme help the UK households?
The UK government's ECO4 scheme provides free energy efficiency upgrades to qualifying households as grants. These free upgrades help them reduce energy requirements, electricity bills, and carbon emissions. The ECO4 grants fund wall or cavity insulation and new heat...
Read moreRead by(21)
What are the eligibility criteria for the right to buy?
The person who wants to exercise the right to buy should be a public sector tenant for three years.
Read moreRead by(21)
What are the criteria for the creation of RTM?
The required minimum number of qualifying tenants must be equal to at least half of the total number of flats in the building. The RTM act allows a landlord to become a member because of their interest in the property. A landlord cannot become a director of the RTM ...
Read moreRead by(21)
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.
Read moreRead by(21)
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(21)
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.
Read moreRead by(21)
What is the Housing Loss Prevention Advice Service?
The Housing Loss Prevention Advice Service is a new government initiative in England and Wales offering free legal assistance to people at risk of losing their homes.
Read moreRead by(21)
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.
Read moreRead by(21)
How will the rooftop development project address the housing crisis?
Rooftop development can address the acute housing shortage by adding thousands of new affordable homes. The projects have the potential to enhance living standards and energy efficiency.
Read moreRead by(21)
Which is the most popular shopping center in Wembley Park?
The London Designer Outlet is the most famous shopping destination in Wembley Park.
Read moreRead by(21)
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...
Read moreRead by(21)
Which is the best Italian restaurant in Wembley Park?
Pulcinella Pizzeria promises great Italian food in Wembley Park.
Read moreRead by(21)
What is the factual position?
There are many gray areas in the Bill, and as more readings happen, the clauses and rules will gain clarity—that is why a wait-and-watch approach is recommended.
Read moreRead by(21)
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...
Read moreRead by(21)
Which are the best areas to invest in residential properties in Moss Side?
Moss Side offers attractive buys on Wilmslow Road, Princess Road, and Wilbraham Road, where properties with Victorian terraces are famous. Recent new-build places offering good returns include The Maine Place on the old Manchester City football ground.
Read moreRead by(21)
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.
Read moreRead by(21)
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.
Read moreRead by(21)
What is the cost of PBSA accommodation?
The cost of PBSA in the UK can vary widely depending on the location, type of accommodation, and facilities provided. Rents typically are higher than mainstream BTR (build to rent) justified by often larger amenity areas.... but that norm too is now being challenged...
Read moreRead by(21)
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(21)
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 ...
Read moreRead by(21)
Which government department is driving thr net zero 2050 agenda?
The Department for Business, Energy, and Industrial Strategy (BEIS) is drawing up plans to help the government achieve a net zero target without placing excessive burdens on consumers and businesses.
Read moreRead by(21)
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 ...
Read moreRead by(21)
What are the prominent measures of the Renter's Reform Bill?
Ban on no-fault evictions, allowing local bodies to protect renters' rights, and setting up a national register of landlords are a few major highlights of the Renters' Reform Bill.
Read moreRead by(21)
Ask our Experts
What our customers are asking:
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...
Read More
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...
Read More
An important decision needs to be voted on. Do we have to wait for the next AGM?
No. The Board or 5% of the Shareholders can call an Extraordinary General Meeting (EGM).
Read More
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.
Read More
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.
Read More
What happened during the Levelling Up Select Committee session regarding the Renters Reform Bill?
During the Levelling Up Select Committee, an all-party group of MPs responsible for scrutinising government legislation posed questions to various individuals. The session focused on areas such as the implications of a new ombudsman for the private rented sector, the...
Read More
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.
Read More
How does the Energy Company Obligation scheme 'ECO4' scheme help the UK households?
The UK government's ECO4 scheme provides free energy efficiency upgrades to qualifying households as grants. These free upgrades help them reduce energy requirements, electricity bills, and carbon emissions. The ECO4 grants fund wall or cavity insulation and new heat...
Read More
What are the eligibility criteria for the right to buy?
The person who wants to exercise the right to buy should be a public sector tenant for three years.
Read More
What are the criteria for the creation of RTM?
The required minimum number of qualifying tenants must be equal to at least half of the total number of flats in the building. The RTM act allows a landlord to become a member because of their interest in the property. A landlord cannot become a director of the RTM ...
Read More
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.
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
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.
Read More
What is the Housing Loss Prevention Advice Service?
The Housing Loss Prevention Advice Service is a new government initiative in England and Wales offering free legal assistance to people at risk of losing their homes.
Read More
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.
Read More
How will the rooftop development project address the housing crisis?
Rooftop development can address the acute housing shortage by adding thousands of new affordable homes. The projects have the potential to enhance living standards and energy efficiency.
Read More
Which is the most popular shopping center in Wembley Park?
The London Designer Outlet is the most famous shopping destination in Wembley Park.
Read More
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...
Read More
Which is the best Italian restaurant in Wembley Park?
Pulcinella Pizzeria promises great Italian food in Wembley Park.
Read More
What is the factual position?
There are many gray areas in the Bill, and as more readings happen, the clauses and rules will gain clarity—that is why a wait-and-watch approach is recommended.
Read More
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...
Read More
Which are the best areas to invest in residential properties in Moss Side?
Moss Side offers attractive buys on Wilmslow Road, Princess Road, and Wilbraham Road, where properties with Victorian terraces are famous. Recent new-build places offering good returns include The Maine Place on the old Manchester City football ground.
Read More
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.
Read More
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.
Read More
What is the cost of PBSA accommodation?
The cost of PBSA in the UK can vary widely depending on the location, type of accommodation, and facilities provided. Rents typically are higher than mainstream BTR (build to rent) justified by often larger amenity areas.... but that norm too is now being challenged...
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
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 ...
Read More
Which government department is driving thr net zero 2050 agenda?
The Department for Business, Energy, and Industrial Strategy (BEIS) is drawing up plans to help the government achieve a net zero target without placing excessive burdens on consumers and businesses.
Read More
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 ...
Read More
What are the prominent measures of the Renter's Reform Bill?
Ban on no-fault evictions, allowing local bodies to protect renters' rights, and setting up a national register of landlords are a few major highlights of the Renters' Reform Bill.
Read More
