From the 1st March 2020, the Fitness for Human Habitation Act 2019 (FFHH) is being extended to include the whole of the private rental sector. At present, only tenancies granted after the 20th March 2019 are covered by the regulations. From March 2020, any Landlord or managing agent acting on their behalf can be sued... View...
As you may be aware, the Tenant Fees Act came into force on the 1st June 2019. One element of this legislation capped tenant deposits at five week’s rent as a legal maximum. This applied for all new tenancies from 1st June 2019. However, this cap will be retrospectively applied to all existing tenancies on the 1st June 2020.... View...
Rightmove has reported property price increases from December 19 to January 20 of 2.3%; representing the largest-ever increase in prices over a 4-week period since it began its asking price index almost two decades ago. With the property market starting the year in such good health, 2020 is poised to be a strong year all... View...
The Minimum Energy Efficiency Standards (MEES) came into force in April 2018 which outlawed the letting of new tenancies on properties with an EPC rating of F or lower. On the 1st April 2020, the MEES standards are being expanded to the remainder of the private rental sector and it will be against the law... View...
** BREAKING NEWS ** The government announced on Wednesday 15th January that it is pressing ahead with the introduction of mandatory electrical checks and hope to introduce the legislation imminently. Both 1st April and the 1st July have been touted as the implementation date with neither date giving Landlords much notice about such a major... View...
Now that we are in 2020, looking back at the previous decade can help to shine a light on what we are to expect next in the property market. New research from Proportunity – a new equity loan startup firm – has shone a light on which properties have increased the most in value from... View...
It was officially confirmed during the government’s Queen’s Speech that no-fault Section 21 evictions will be abolished at some point in the future. Whilst very little other information has been provided about the specifics of this being done, we fully expect a reform of eviction proceedings to be included as part of this change. With... View...
David James is delighted to announce its sponsorship of talented local footballer Olivia Lowe. Olivia has recently made her international debut for England, appearing for the under-15s schoolgirls’ team after she was called up to play for her country by the English Schools’ Football Association (ESFA). Olivia hails from Redhill and attends Redhill Academy, and... View...
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You usually pay Stamp Duty Land Tax (SDLT) on increasing portions of the property price when you buy residential property. SDLT only applies to properties over £250,000. There are three rates of stamp duty for residential property, with a standard rate for people who own one property, a surcharge for those who own multiple properties and a relief element for first time buyers.
For more information visit the .Gov website HERE
