Property News

Extended mandatory HMO licensing requirements

The extended mandatory HMO licensing requirements is effective as of 1st October 2018. The Licensing of Houses in Multiple Occupation (Prescribed Description) (England) Order 2018 2 (‘the Prescribed Description Order 2018’) has the effect of: Extending the scope of section 55(2)(a) of the Housing Act 2004 (‘the Act’) Extending the scope of section 55(2)(a) of […]

Sell your property for fixed fee £750

Save time and money and sell your property for fixed fee £750 no vat. No sale no fee No upfront fee Pay on completion Property listed within 24hrs of instruction Property page highlights the best the property has to offer Property advertised on major property portals Viewings completed with flexible hours includes Sundays Viewers feedback […]

Increase to possession court fees

The increase to possession court fees effective Monday, 21 March 2016 are as folows: – Accelerated Possession claims – Section 21 have risen from £280:00 to £355:00 – Standard Possession Claims, Section 8 have risen from £280:00 to £355:00 – Online Possession Claims (PCOL) Section 8 rent arrears only have risen from £250:00 to £325:00 […]

Changes in Section 8 & 13 Notices

In addition to the new prescribed Section 21 Notice, landlords should also be aware of changes in Section 8 and 13 Notices. Section 8 Notice A Section 8 Notice can be served when a tenant renting under an AST (Assured Shorthold Tenancy) is in rent arrears and the landlord wants vacant possession. If there are no […]

Budget 2016 and your property

Budget 2016: what you need to know about reduction in capital gains tax rates. This will affect disposals made on or after 6 April 2016. It is interesting that the reduced rates will not apply to gains realised on residential property (that do not qualify for private residence relief) and ‘carried’ interest. With the forthcoming […]

Section 21 Notice

Section 21 Notice and the Deregulation Act A Section 21 Notice is used by a landlord (giving at least 2 months notice) to gain possession of a property that has been let/ rented under an Assured Shorthold Tenancy (AST). If the tenancy started after April 2007, the tenant’s deposit must also have been placed with […]

Property Management Services from West Midlands Lettings

West Midlands Lettings operates a successful property management service for it’s West Midlands landlords. Property management involves the processes, systems and manpower used to manage the property. This involves accountability, maintenance and utilisation of the property. We have landlords who have not re-entered their property since agreeing to have us manage whether it’s preparing the […]

Letting Agents Referral Scheme

Refer a landlord or tenant: West Midlands Lettings now has a referral scheme for tenants and landlords. Refer either to us and if they use our service you get paid. Refer landlords with properties in the West Midlands. Find out more here Letting Agents Referral Scheme.

Rent Warranty vs Guaranteed Rent

You are thinking of finding tenants for your property and you’ve seen or heard the words Rent Warranty and Guaranteed Rent, but what do they mean? Rent Warranty (Rent Guarantee) means your rental income is insured for payment by an insurance provider in the event your tenant fails to pay rent. Guaranteed Rent means the […]

Residential lettings law bill

Residential lettings law bill currently under consideration in Parliament The Deregulation Bill Some of the changes currently being considered for law under, residential lettings law bill currently under consideration in Parliament, includes in: Deposits: Deposits on tenancies that started before April 2007 that have now become periodic will need to be protected in a deposit […]

HMO ACCOMMODATIONS – West Midlands Property

HMO Accommodations Landlords wanting long term company let or HMO tenants can contact West Midlands Lettings Ltd to arrange a valuation for rental income of their West Midlands Property. Company letting agreements can be arranged for 1 or more years. HMO (House in Multiple Occupation) applies to shared housing where a group of people living […]

Tenancy Deposit Schemes

The tenancy deposit protection (TDP) schemes guarantee the deposit will be returned to the tenant at end of the tenancy if the terms of the tenancy are met and the property has not been damaged. Also, the scheme will assist if any dispute arises at the end of the tenancy. There are 3 government approved […]

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