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Over 40% of Estate Agents Not Yet Fully Operational

Recent surveys have suggested the UK's lettings and housing market is getting close to being business as usual, if not now, then certainly in the coming months. Supporting that is the news that some 58% of agencies having opened their physical doors over a month after the Government said they could begin work again. However, while some expect to be fully operational at some point during July, a small proportion anticipate they will still have some employees on furlough in October.

Tenants: What to Avoid when Signing for a Rental Property

Contracts are generally long, boring, and daunting reads that can even make the Game of Thrones books look appealing. It’s important to sift through the whole contract and carefully read the small print. The contract should use simple language that does not complicate or cause confusion. Getting it right and understanding your contract before you sign can save a lot of problems for you in the future.

Section 21 Court Ruling Resolves Contentious Eviction Detail

A court of appeal ruling in a Section 21 eviction case has finally resolved a contentious issue between landlords and tenants. The case revolves around a landlord’s ability to issue a Section 21 eviction notice where a gas safe certificate wasn't provided at the beginning of a tenancy.

Landlords: How To Make Your Income Consistent

Being a Landlord is a business, and the secret to any successful business is to ensure that the income they are yielding is consistent. By having consistent income, a Landlord allows themselves to easily plan for the future as they’ll always have an accurate idea of the monthly income they will receive from their properties.

Here’s a few tips on how a Landlord can make their income consistent

Tenants and Landlords Feel the Strain of Eviction Rules

Following the UK government's decision to extend the no eviction ban by two months to the end of August 2020 to help tenants cope with a longer lockdown and slow recovery, it’s clear that both tenants and landlord are feeling the strain of the situation. Separate reports highlight that while searches for 'can my landlord evict me' have risen by over 50%, industry body the National Residential Landlords Agency (NRLA) is encouraging its members to write to the government to highlight the 'devastating consequences' some will will face as the result of the extended eviction ban. 

Actions to Protect Against Tenants that Disappeared

Most tenancies end amicably. There are some, however, that cause issues for landlords and abandon their property. As a landlord, you must give 24 hour notice to a tenant before you visit your property no matter how much reason you have to believe your property is empty. It’s important to follow contract legality because it can come back to haunt you if you need to take legal action on a tenant. With the ongoing pandemic and lockdown rules, people are choosing to isolate with their families and vacating their rented properties. This is particularly high in the student market as they have no tie to the rented area and no definitive answer if they will or need to return. Subsequently, there is a likelihood property abandonment will rise.