The government has introduced a draft Tenant Fees Bill, with the aim of making residential letting more fair and affordable for tenants by reducing costs at the outset of a tenancy. It is an attempt to make renting a fairer and less expensive matter for tenants. The Bill will introduce a
Property
A quick guide to buying property in France
" Unless you are fully confident that you know what is being said, it is advisable to get some assistance with translation. " The process of buying property in France is fairly straightforward and the land registration system is secure. However, as a general rule, it proceeds without the appointment of a
Service Charges and Commercial Leases
The RICS has launched a consultation on the fourth edition of the Service Charge Code for commercial property Background Service charges can be a source of contention between landlords and tenants. Where the landlord provides services and charges their cost to the tenants, a properly run service charge can reduce the scope
Section 20 Notice
What is a Section 20 Notice and what are they for? Occupiers of flats will generally own their property on a long lease, typically of 125/150 years duration, under which they will pay a nominal ground rent and a service charge. The ground rent is paid to the freeholder of the building
Airbnb – Leaseholders, think twice!
Advertising a property via the Airbnb website seems attractive because it can offer a property owner a source of regular income and/or help to repay a mortgage. Where the property is an apartment, however, it will most likely be held on a long residential lease and renting your property via
Commercial landlords, are you covered?
Letting a commercial property? Ensure you are EPC ready
Minimum Energy Efficiency Standard (MEES) means that Landlords with properties with an Energy Performance Certificate (EPC)rating of less than ‘E’ will have to carry out works to improve the energy performance of the building in order to let, or continue letting, the building. MEES apply to both residential and commercial buildings,
Landlord’s works vs quiet enjoyment
Buy-to-let market changes ahead!
Its all about to change in the buy-to-let market following the Government’s decision to ban agent admin fees, but what are the implications? In November 2016 the Chancellor of the Exchequer, Philip Hammond, announced that the government would ban all letting and admin fees charged to tenants across England. This has since
All change in the world of business rates
Occupiers of commercial premises will have seen changes to their business rates bills in the last month, as the effects of the latest revaluation come in to play and take effect. Business Rates are based on the rental value of commercial property as of the 1st of April 2015. Traditionally the