Lettings agency hit by racially-motivated attack

An agent whose business was rammed by a car believes he was targeted because of claims he was letting homes to asylum seekers.

A car was hijacked in Belfast earlier this week and is reported to have been deliberately driven at the front of the agency; the occupants made off from…

RICS Forecast – Rent rises set to be slower and lower

The latest rental market survey by the Royal Institution of Chartered Surveyors suggests there’s still a significant mismatch between supply and demand in the private rental sector.

But the survey – which measures the sentiment of RICS member agents – shows two possible signs of market improvement.

Firstly, it says “tenant demand…

Purplebricks backs Labour plans ‘because rental sector is a mess’

The chief executive of Purplebricks says he’s backing Labour’s house building plans because of the state of the private rental sector. 

Sam Mitchell says: “The rental market is still a complete mess and there is a significant way to go before the outlook can be said to be as positive for…

Labour’s Bidding War Ban likely to lead to higher rents, says expert

A prominent figure in the lettings industry is warning that any proposed ban on so-called bidding wars will end up with pushing rents even higher.

A ban on the bidding wars is set to be part of the Labour government’s Renters Rights Bill, announced in last month’s Queens Speech and set…

Seven ways to get your moneys worth from Landlord Law

Seven ways to get your moneys worth from Landlord Law

  • Landlord LawIf you are a landlord and are thinking of managing your properties yourself rather than using an agent.
  • Or if you are already managing your property yourself –

You may want to think about my Landlord Law service.

It’s a membership site with various resources for, mainly, self-managing landlords (although we have quite a few agents and advisers too).

So if you decide to join (which would cost you £300 pa or £30 pcm for the top level membership) how do you get your moneys worth?

1. Do an audit

One of the more recent features of Landlord Law (it was introduced in March 2024), the audit kit is a guide to help you check that you are complying with all your legal obligations.  It will also help you review the services you use.

We recommend that all new members follow the audit kit first just to check that there are no issues with their properties. Its also quite a good way to get to know the site.

It is available to all Landlord Law members but can also be bought as a stand alone product.

2. Follow the checklists

The checklists were introduced over a period of about a year between early 2019 and 2020 with Welsh versions being added in January 2023 (after the legal changes the previous December).

There are five checklists which cover the five main stages of managing a property:

  • Getting it ready
  • Sourcing the tenants
  • Signing up the tenants
  • Managing the tenancy, and
  • Dealing with either the renewal or end of the tenancy

I call them checklists, but they are pretty detailed, with each item having a narrative and links out to further content.

If you follow the checklists, you won’t go far wrong with the legal side of renting out your property.

3. Use the documents

We have a LOT of documents on Landlord Law.

Some are obvious, like tenancy agreements and possession notices. However there are lots of other documents to help make your life easier. For example:

  • Forms to amend your tenancy agreement, for example if you agree to let your tenant keep a pet
  • Receipt forms for tenants to sign to confirm receipt of important documents
  • Forms where you can record meter readings
  • Data information forms
  • Schedules for recording rent arrears (in the format preferred by Judges in possession claims)
  • Forms and draft letters for landlords taking holding deposits

There are also quite a lot of draft letters, and they get added to whenever members ask for help with a letter, and I think it will help others.

Many of the forms now have versions suitable for property in Wales.

4. Use the kits and trails

Kits and trails are two different ways to help landlords deal with problem areas.

The kits address specific issues and provide guidance. I have already mentioned the Audit Kit. Two others available to members (and also available for sale as stand alone products) are

The Dealing with Changing Tenants kit
The Property Inspection Kit

There are other kits but these are not part of Landlord Law (although Landlord Law members get discounts off the purchase price).

The trails are slightly different – they guide landlords by question and answer to the correct answer for them. It’s rather like having me sitting next to you, asking you the questions and advising (in fact they were developed from advice given over the years).

Some of the trails are free – for example the Tenancy Trail’ (which will help you work out your tenant type) and the Which Tenancy Agreement trail.

Others are members only, such as the Section 21 Guide and the Trail on tenancy deposits.

5. Use the training

Every month since August 2017 we have had a training webinar for members.

The topics vary from month to month.

  • One month it may be a barrister talking about fire safety or the gas regulations.
  • Another month we could have someone from My Deposits or a solicitor talking about rent or dealing with death.
  • We have also had some fascinating talks from EHOs, most recently on dealing with damp issues.

If there is a legal change, I usually try to find someone to talk about it.

All the webinars are recorded and most can be found on the site (apart from a few which were taken down when they became out of date).

Every month, we also have a CPD questionnaire based on the last month’s talk, which can give you 1 hour’s CPD (Business Level members only).

There are other training courses available to members. Some are recordings of training events that I have made available to members. There is also a Legal Basics series which is there to teach a bit of background law.

Law and the law relating to rented property are constantly changing, and our training is there to help members keep up with it.

6. Use the forum.

There is a huge amount of information and guidance on Landlord Law but we can’t cover everything. So, if you are awake at night worrying about something and can’t find an answer on the site, you can post a question on the forum.

Its intended for ‘quick questions’ rather than long complex questions (which are more suitable for the paid telephone advice service), but most problems can be resolved into a quick question.

I generally answer questions within 24 hours – there are not many services where you can get solicitor advice at no extra cost within 24 hours!  Most specialist landlord and tenant solicitors have an hourly charging rate in the region of £300 + VAT.

Other members also post comments and suggestions on the forum too.  These can sometimes be more helpful than mine!

7. If you must evict, use our eviction guide

Eviction should only ever be a very last resort (its better to help tenants to pay if they are in arrears).

It is stressful for both sides and often results in massive losses for landlords when tenants stop paying rent while the process is ongoing. Which can take up to a year (or more).

However, if you must evict, then we have all the guidance and forms you need for a standard eviction, including:

Find out more on our eviction page.

And finally

The last price update was when we launched our new (current) website in 2018.

Since then, we have added masses of new content – new kits, new training and new FAQ and articles.  So the site is far more valuable than it was.

If you are a self-managing landlord (or are considering self managing) or are a letting agent or housing adviser – why not take a look?

The post Seven ways to get your moneys worth from Landlord Law appeared first on The Landlord Law Blog.

Rightmove to lose 8% of lettings listings next month

Rightmove has admitted to shareholders that it’s to lose 8% of its lettings listing from next month – the equivalent of some 700 branches. 

It has failed to reach agreement over fees with the online platform OpenRent.

A statement issued to the London Stock Exchange says: “OpenRent is classified as an online…

Ban on Airbnb-style short lets lifted by multi-millionaire developer

Flats in a multi-millionaire developer’s prestigious shoreline scheme in Folkestone can, after all, be short-let following a U-turn by the property magnate.

Last year Sir Roger De Haan – son of the late Sidney De Haan, who created the Saga group of companies – told the Kent Online website that his…

Landlord Events In A Box concept launched by lettings experts

Two long-standing experts in property have launched a service which they say will help letting agents retain and grow their client portfolios.

Julie Ford – who says she has over 25 years experience in the lettings sector, working with advice specialists Gothard Rowe and a member of Zoopla’s Lettings Advisory Board…

Online lettings operation woos landlords with sub-£40 deal

A relaunched online lettings agency operation is offering lettings listings deals to landlords from £39.50.

The little known Essex-based Griffin Property Co has now rebranded as the failed online giant Emoov and says it wants to operate across the UK.

The purchase of the Emoov brand was actually made by Griffin back…

Agents to be trained in how to be “culturally competent”

The regulatory body for the private rental sector in Wales is offering letting agents a course in how to be “anti-racist and culturally competent”.

Rent Smart Wales describes the 90-minute course this way: “In a sector with so much demand, it is vital that landlords and agents have a secure understanding…

GET IN TOUCH

IT'S TIME TO DISCOVER

PROPERTY MANAGEMENT

BUILDING LOCATION

Real estate cannot be lost or stolen, nor can it be carried away. Purchased with common sense, paid for in full, and managed with reasonable care, it is about the safest investment in the world.

CONTACT

contact us

ENQUIRE

    © Vitur Limited. All rights reserved.