Building Remediation Passport Released in Wales
8th October 2021
The Welsh Building Safety Fund (WBSF) has been released by the Welsh Government in order to make steps of compliance in advance of legislation due to be introduced over the next few years. This is a phased programme to ensure remediation funding can be effective in supporting leaseholders. The Welsh Government acknowledges that developers […]
Should I offer pet-friendly tenancies?
23rd July 2021
If you are a landlord with a rental property, you may have had previous requests for pet-friendly tenancies. As pet ownership increases, we have seen requests for pets in properties rise and more landlords offering pet-friendly tenancies. As your managing agent, we can ensure that you are able to offer pet-friendly tenancies in a way […]
Buying a Freehold
6th July 2021
Purchasing a Freehold can come with many benefits, including control of management and length of leases, however, as with anything, there can also be disadvantages such as increased costs and responsibility/liability for the building. Here we weigh up the pros and cons of buying a freehold through Collective Enfranchisement. Pros Control […]
Investment Property – Capital Gains Tax
28th June 2021
Sale of Residential Investments Any investment landlords that are offloading properties for sale since last year have had to follow the new Capital Gains Tax rules whereby sellers need to pay CGT liability within 30 days of the completion taking place. HMRC has announced that 13,113 people in the last six months of last […]
Eviction Extensions
18th June 2021
The Welsh Government announced yesterday that they are extending the eviction ban for residential tenancies in Wales until the end of September and the Commercial eviction ban (England and Wales) has been extended further until March 2022. Welsh Evictions Extended Emergency Coronavirus powers have been invoked by the Welsh Government to extend the […]
What is a listed building?
15th June 2021
A listed building is ‘a building of special architectural or historic interest’, the listed status can cover a whole building, the interior, any attached structures, or later extensions. It’s often the age and uniqueness of the building that determines its listed status. Below we answer some of your frequently asked questions in regards to […]
Purchasing a leasehold and service charges
1st June 2021
Unpaid Service Charges when selling and buying a Leasehold There is often a common misconception with service charge arrears, where it is often assumed that any arrears at the point of a sale would pass to the new leaseholder. However, depending on your lease, it is actually more common for whoever the existing leaseholder […]
What is the ‘Breathing Space’ scheme?
18th May 2021
The Debt Respite Scheme (Breathing Space Moratorium and Mental Health Crisis Moratorium) (England and Wales) Regulations 2020 is a scheme whereby people are allowed a temporary period of respite from a creditor, (landlord or letting agent) to help those in problem debt (tenant), giving them time to engage in professional debt advice. Essentially it pauses […]
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