Travel advice: coronavirus (COVID-19)
Guidance for British people travelling overseas during the coronavirus (COVID-19) pandemic.
The Foreign & Commonwealth Office (FCO) advises British people travelling abroad to return to the UK now, if commercial flights are still available. If you cannot return home at this time, read our guidance on waiting to return to the UK.
UK Govenment: Coronavirus (COVID‑19)
The Governments Guide For Handling The Pandemic
> Stay alert > Control The Virus > Save Lives < A general guide for England on how to handle the Coronavirus panedemic.
Our plan to rebuild: The UK Government’s COVID-19 recovery strategy
The Government’s roadmap for how and when the UK will adjust its response to the COVID-19 crisis.
This document describes the progress the UK has made to date in tackling the coronavirus (COVID-19) outbreak, and sets out the plans for the next phase... The strategy sets out a cautious roadmap to easing existing measures in a safe and measured way, subject to successfully controlling the virus and being able to monitor and react to its spread. The roadmap will be kept constantly under review as the epidemic, and the world’s understanding of it, develops.
Covid-19: TLA House Price Forecast
UK House Prices are set to fall across the board during 2020 because of Covid-19
Since the Government announcement that Britain will fully exit lockdown only by the end of July at the earliest, TLA now expects a much bigger drop...
Government support available for landlords and renters reflecting the current coronavirus (COVID-19) outbreak
The government has brought forward a package of measures to protect renters affected by coronavirus (COVID-19)
From 26/03/20 landlords will have to give all renters 3 months’ notice if they intend to seek possession...
COVID-19 – Government reopens property market
As of today (Wednesday 13th May 2020) the property market has been given the green light to open for business again by the government.
Viewings are allowed to take place again as long as they are conducted in a safe manner and keeping to the social distancing 2 meter rule...
As long as the arrangement is not permanent; is just a payment holiday with an agreement that the full rent will still be paid, maybe over a longer period of time, the deposit cap would remain the same. If landlords agree to make this a permanent change then please update your tenancy agreement and recalculate the deposit to five weeks.
<b>There is a lot of confusion around this, however...<b/>
all tenants need to understand that they did sign a contract for a fixed period of time, and they remain liable for all rent and other terms of the tenancy notwithstanding the current situation we all find ourselves in. They will need to speak to their landlord or agent to discuss any option of ending the contract early
If a landlord of multi-let premises has incurred costs in connection with its response to Covid 19 which are outside its usual service charge expenditure, its tenants may try to argue that such costs are for the landlord to pay, or should be recovered under its insurance policies, rather than being passed on to tenants via the service charge.
All Local authorities are being provided with a £500 million emergency fund, the majority is intended to be targeted for council tax relief
<b>Advise your tenant to contact their energy supplier.</b>
A number of emergency measures have been put in place to ensure that vulnerable tenants will not have their utilities suspended during this period
<b>Yes. From April 14th 2020 lenders have agreed to offer further financial support for those affected by the coronavirus.</b>
Those who have an existing credit card, personal loan, store card or catalogue credit can request a repayment freeze for up to three months. As with mortgage holidays, the interest will continue to accrue over this period even though payments are frozen so applicants should avoid using it unless their financial circumstances require it.
In addition, interest-free overdrafts of up to £500 can be arranged with individual lenders. Anyone with an existing overdraft of up to £500 will also benefit from this interest-free period.
Your tenant should apply for Universal Credit at https://www.gov.uk/universal-credit.
Where it is not possible to apply digitally, they can apply by calling -
<b>Universal Credit helpline: 0800 328 5644
Welsh language: 0800 328 1744</b>
This will depend on your own circumstances, but it is likely to be difficult to find replacement tenants in the next few months. You should consider whether it would be better to work with the tenant to arrange a payment plan or try and assist them with applying for benefits before accepting their offer to surrender.
Ongoing Regulation Changes: Landlords, Covid-19
Government Extends Mortgage Payment Holiday Due To Covid-19
The Treasury recently announced that homeowners who are struggling to pay their mortgage due to the ongoing coronavirus crisis will now be able to extend their payment holiday for a further three months. <a href=”http://landlordexpert.co.uk/hub/government-extends-mortgage-payment-holiday-due-to-covid-19/”>Read Full Article Here</a>
Banks Agree Further Financial Support To Landlords
Lenders agreed to offer further financial support for those effected by the coronavirus. We Will Update You Here When This Changes. Status:Ongoing>
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|The TLA Document Centre - Free For All Members|
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TLA Platinum Partners
A selection of Platinum Partners keen to speak with landlords as part of the TLA's response to the Covid-19 pandemic
MORTGAGES Openwork is one of the largest mortgage introducers in the UK, having advised on approaching 250,000 property purchases over the last five years. These deals have been placed with our carefully selected lender partners, with whom we work very closely. Openwork’s size and expertise allows us to secure exclusive mortgage deals, many of which you won’t find on the High Street or from any other mortgage adviser. Despite recent market volatility, the number of mortgages available to our advisers remains in the thousands and Openwork continually review the market to ensure you have access to a market leading range. Your home may be repossessed if you do not keep up the repayments on your mortgage. A fee of a maximum of £250 or 0.5% of the loan amount, if greater, is payable on completion. Typically this will be 0.5% of the loan amount. Variable Rate Your monthly payment fluctuates in line with a Standard Variable Rate (SVR) of interest, set by the lender. You probably won’t get penalised if you decide to change lenders and you may be able to repay additional amounts without penalty too. Many lenders won’t offer their standard variable rate to new borrowers. Tracker Rate Your […]
Are you a property owner in need of legal assistance? At Brooklyn Solicitors we deal with various property litigation matters such as disputes with builders, neighbour disputes, boundary disputes, easements and right of way. As a Landlord you may wish to recover a property and evict your tenant. This can be done by serving a Section 21 or a Section 8 Notice. We also deal with disputes over non-payment of invoices or fees. Section 21 A landlord may regain possession of a property by serving a Section 21 Notice after a fixed term tenancy ends or during a tenancy, if the tenancy is classed as a periodic tenancy. However, there are legal requirements that that must be met before the notice can be served validly. Section 8 Here a landlord can regain possession of a property before the term of the tenancy comes to an end. There may be various reasons for doing so, but rent arrears are most common. If a tenant has breached their contract and you wish to repossess the property to avoid any other breaches, you can serve a Section 8 Notice provided the legal requirements for doing so are met, so please contact us now and find […]
Join over 250,000 landlords who trust us with their insurance. Voted Best Landlord Insurance Provider at the What Mortgage Awards 2013 – 2019. Add up to 15 properties on one policy, with one renewal date. Your own specialist claims handler, who’ll deal with your claim from start to finish. Our Landlord Emergency claims line is open 24/7, so we can send help when you need it. Landlord Emergency can only be added at new business and renewal for an additional premium. Extreme weather conditions may extend response time. Residential properties only. Only insured emergencies are covered. Underwritten by U K Insurance Limited. Add our market-leading Rent Guarantee to your policy and we’ll cover any unpaid rent while your tenants are still in the property – up to £250,000 per claim. Cover purchased as part of legal expenses add on. Qualifying criteria apply. Eviction notice must have been correctly served before you can claim. Restricted claims for existing tenants in the first 90 days when product first purchased. Residential landlords only. What is landlord insurance? Landlord insurance covers the risks you face when letting or leasing a property. If the building or the contents inside are damaged, or you get into a dispute with your tenants, you could […]
Hometree believes that customers should get better, cheaper home care plans. Customers should never be subjected to poor customer service and constant price hikes. Our dedicated team are always on hand to take your call. We always find new and exciting ways to give customers the best experience possible. Even our CEO takes calls from our customers! Why Choose Hometree? Better, cheaper, home care plans for landlords & great customer service. Always. Speedy 90% of all emergency call-outs completed within 24 hours. We can deal with you or your tenants. Fair We’ll never unfairly hike your prices if you haven’t had a call out. Ever. Comprehensive No matter the age or model, your boiler is protected. Can’t fix it? We’ll give you 15% off a new one. Value Switching to Hometree landlord plans save you up to 25% compared to other providers.
Why Invest With Us We can help you to increase your wealth by making your capital work harder, by earning fixed income returns investing in asset-backed investment opportunities within the UK. With excellent rates of return and interest levels which are typically much higher than those paid by traditional banks. The investments we source offer a wide range of opportunities over 1 to 5 years offering high-yielding returns of up to 12% per annum. Most of our investment opportunities have low entry levels, with options to provide regular income or capital growth. We have investments to suit the broadest range of investment goals. Register your interest with us now to receive a full information pack on all of the investments we currently have available. The Introductable Investment Process At Introductable our mission is straightforward: tointroduce the best investments to the right investors
Mortgages for BusinessProperty finance solutions for all
Property finance solutions for all Buy to let mortgages. Commercial mortgages. Property development finance. Short term & bridging loans. Residential mortgages. Whatever your funding needs let our expert, award-winning mortgage brokers will find the right property finance for you
Specialist Landlord Insurance Broker As a Brightside Company, One Insurance Solution offer Landlord Insurance online which is quick, simple and flexible. We search our panel of some of the UK’s best loved insurers to make sure we get you a great deal. With over 15 year’s experience we have the knowledge to navigate you through the journey when you need us. One Insurance Solution can help cover: All types of houses and house All types of houses and homes Flats (freehold and leasehold) Occupied and unoccupied properties Building works in progress or planned Non-standard building constructions Properties split into flats High buildings sum insured High risk tenancy types
Key Benefits Buildings, contents or combined cover options Available for all types of properties and tenants Landlords legal protection and rent guarantee cover Property owners’ liability up to £5,000,000 Landlord insurance If you’re renting out a property, it’s important to make sure that you have adequate insurance in case anything goes wrong. Your property portfolio is one of your most valuable assets. As a broker, Wesleyan Financial Services search a panel of leading landlord insurance providers for you. We find you the best policy tailored to meet your needs. What’s covered? Malicious damage to buildings by tenants If the tenant intentionally causes damage to the property, such as smashed windows Alternative accommodation or loss of rent If the property isn’t fit to live in following an insured event such as a fire or flood Repair or re-build your property Following an insured event such as a flood or fire Accidental damage to underground services For which you are legally responsible for. This includes domestic oil pipes, water-supply pipes, gas pipes, underground sewers, drains and septic tanks Theft or attempted theft Including broken windows and doors Trace and Access Cover Covers the cost of locating the source of a leak and […]
Covid-19 Landlord Updates
The 2020 Landlord Energy Survey (TLALES)
Our landlords have reported a 38% increase in home energy usage by their te
TLA: Choosing The Best Energy Supplier For Your Rental Property
If, like many tenants, your rental package is not bills inclusive, it will
Landlords: How To Become More Environmentally Friendly
In recent years the movement towards leading a sustainable and environmenta
Coronavirus Act 2020 - How It Effects Landlords & Tenants
This note sets out how the Coronavirus Act 2020 ("the Act") affects both bu
Government Extends Mortgage Payment Holiday Due To Covid-19
The Treasury recently announced that homeowners who are struggling to pay t
Rent and coronavirus: What comes next for UK landlords and tenants affected by Covid-19?
The coronavirus crisis is now fast-approaching its fourth month and we’
What Boris’s new lockdown guidance means for UK housing market
On Sunday, Boris Johnson revealed the UK government’s “lockdown easing plan
- Demand for housing in England jumps above pre-lockdown levels May 27, 2020Two weeks on from the Government reopening the property market and pent-up demand has exceeded levels recorded pre-lockdown at the start of March. This story continues at Demand for housing in England jumps above pre-lockdown levels Or just read more coverage at What Mortgageadmin
- Equity Release Supermarket expands online calculators May 27, 2020Independent equity release advisory experts, Equity Release Supermarket (ERS), has expanded its range of online tools for customers. This story continues at Equity Release Supermarket expands online calculators Or just read more coverage at What MortgageJoanne Atkin