A Post-Tenant Fees World

Welcome to Home Relief Bulletin Board

Monday 28 January 2019

by the Property  Team

Post No. 73

 

 

How to prepare for a post-tenant fees world

 

This week we are going to work with landlords/ladies on matters related to security deposits and upfront fees for tenants.

Our session of work with them is about making the preparation regarding the incoming law that will restrict the level of deposits and ban upfront fees for tenants in the private rental market. 

The incoming Tenants Fees bill from the UK Government will become the Tenant Fees Act 2019 as from the next 1st of June. 

Although the Tenant Fees Act will only apply to tenancy agreements signed after the start of June 2019, it is better to start making preparations with landlords/ladies on how it is going to affect them.

Our preparatory work with them will deal with the following areas of discussion:

• How the ban on upfront fees for tenants and cap on security deposits will affect landlords/ladies’ property investment

• Exploring and rethinking a new business model of making money out of property lettings and management within the framework of the incoming newly regulated environment

• Examining areas of law and practice protecting so far property owners from bad tenants

• How to still conduct credit checks, inventories and references without tenants being charged for them

• How to tape into landlords/ladies’ protection and insurance products in the rental property sector to reduce potential risks due to property lettings

• Working on best possible ways of selecting tenants to avoid bad tenants since there will be bans and caps on what the tenants can be required to pay

• Looking into alternative sources of protection and guarantee so that landlords/ladies can adapt to the new rental world (a post-tenants fees one) and mitigate the adverse effects of the incoming change on their property investment

• How to improve margins and keep the revenue stream of your property in a deposit and tenant fees regulated environment

The above are the issues we intend to discuss with landlords/ladies and property owners.  Our work will as well look at other areas of the new legislation like penalty on tenants for late rent payments and loss of keys, in particular how to implement them in the given terms and conditions of business.

We hope this week’s session of exchange of ideas with landlords/ladies will help to achieve the following outcomes:

√ Better prepared landlords/ladies to embrace the post-tenant fees world

√ Confident landlords/ladies about the prospects for letting through us or by themselves or even through a third party

√ Motivated clients to keep the property investment and lettings instructions going

√ Empowered landlords/ladies with ideas so that they can integrate bans and caps (about what the tenants could be required to pay) in their letting plans

√ Skillful customers in diversifying the property portfolio and minimizing risks and threats

√ Risk averse landlords/ladies will be informed on a range of protection and insurance products and schemes

√ Better planner landlords/ladies with peace of mind and security about their property investment

Etc.

One week of discussion is not enough to get the ins and outs for a good preparation for this kind of change.  However, this week is just a building block of a series of activities to come until the Tenant Fees Act 2019 becomes in force and mandatory.

Need to prepare for the post-tenant fees world, work with Home Relief!

If you are looking for an affordable location and home, Home Relief is the people dealing with affordable homes you could consider in your property searches and enquiries.

For more information about our property service to home buyers and tenants, please go to https://homerelief.co/tenants/

For more information about our property service to home sellers and landlords/ladies, please go to https://homerelief.co/landlord

For properties to rent and let, go to https://homerelief.co/property-search/

For weekly property news and updates, please read our weekly posts.

Thank you for reading this post.

We look forward to receiving your regular visits to Home Relief website and to doing business with you throughout 2019.

Many thanks!

Home Relief – freelance e-property people dealing with affordable homes

 

Home Finding and Keeping

Welcome to Home Relief Bulletin Board

Monday 21 January 2019

by the Property  Team

Post No. 72

 

 

 

Making Finding and Keeping a Home to Rent Easier for Renters and Home Seekers 

How to find and keep a home under a new online direct rent payments system

 

This week we are working with prospective tenants and home seekers on the ways of finding and keeping an affordable and decent home.  This week’s work is our affordable and decent home campaign

This week’s activity or session is for prospective tenants and home seekers from rental private sector who probably are or will be eligible for universal credit or housing benefit. 

The session has to be placed within the context of the Work and Pensions Secretary’s news of two weeks ago about a new online direct rent payments system to landlords/ladies.  

Last week, we focused on landlords/ladies regarding this system.  This week our emphasis is placed on the real beneficiary of this new system, universal benefit claimants. 

Indeed, the process of finding and keeping an affordable and decent home has never been easier for some people, especially for those on low incomes or on universal credit or housing benefit.   This week we are going to explore with prospective tenants and home seekers ways of softening this problem of finding and keeping a home.

We would work with the assumption that those eligible for universal credit and looking for a place and space to rent would have the expectation that their application for rent would be considered by landlords/ladies or letting agents.

Being supported by a Government scheme to make your rent payments directly to your prospective landlords/ladies or managing agents does not necessarily guarantee that you have been accepted by landlords/ladies and letting agents. 

What else can you do to persuade those landlords/ladies who naturally have some kinds of reservation or reluctance on your situation of being universal benefit or housing benefit claimant or applicant? 

In this week’s activity, we will try to deal with one of the most difficult issues that low income home seekers face; which is how to find and keep an affordable and decent home while you are experiencing budget constraints on the income side.  We will try to make finding and keeping a home easier for benefit claimants.  This is what this week’s activity is all about.

So, as part of our affordable and decent home campaign, we will be working on the following

√ Online direct rent payments system

√ Universal credit

√ Rental budget

√ Ways of improving your rental application

√ Home finding techniques

√ Home keeping solutions

Etc.

We hope that at the end of this week’s home finding and keeping process, renters and home seekers will be able to develop a basic rental plan and meet their goals of finding and keeping an affordable and decent home within their budget constraints.

If you are having problems in finding and keeping a home, Home Relief is willing to work with you to find ways out of your problems. 

 

If you are looking for an affordable location and home, Home Relief is the people dealing with affordable homes you could consider in your property searches and enquiries.

For more information about our property service to home buyers and tenants, please go to https://homerelief.co/tenants/

For more information about our property service to home sellers and landlords/ladies, please go to https://homerelief.co/landlord

For properties to rent and let, go to https://homerelief.co/property-search/

For weekly property news and updates, please read our weekly posts.

Thank you for reading this post.

We look forward to receiving your regular visits to Home Relief website and to doing business with you throughout 2019.

Many thanks!

Home Relief – freelance e-property people dealing with affordable homes

 

 

Online Direct Rent Payments

Welcome to Home Relief Bulletin Board

Monday 14 January 2019

by the Property  Team

Post No. 71

 

 

Online Direct Rent Payments to Landlords/ladies of Universal Credit

Until now, landlords/ladies could apply for an Alternative Payment Arrangement (APA) and use the UC47 form to get paid the housing element of Universal Credit directly to them.  This system has some advantages and disadvantages.  One of the limitations and inconvenience of this system is notably a long waiting time.

Last week, the Work and Pensions Secretary announced that there will be a new online system allowing rent payments to be paid directly to landlords/ladies.  The new system is meant to rectify the inconvenience of the old one and help both tenants and home seekers to secure a tenancy. 

This week, we are working on this new initiative announced last week by the Work and Pensions Secretary regarding a new online system allowing rent payments to be paid directly to landlords/ladies. 

This week’s activity with landlords/ladies will address some of the questions surrounding the use of the newly announced system by the Work and Pensions Secretary and the issue of letting properties to Universal Credit claimants (UCC).  In particular, we will look at the following questions:

What do landlords/ladies think and feel about the new online system (Online Direct Rent Payments to Landlords)?

With this new online system, can they re-consider their position in letting their properties to UCC? (Especially those landlords/ladies who are reluctant to do so)

What further guarantees do they may need?

How Home Relief can help you on this matter?

This week’s activity with landlords/ladies of UCC goes further in dealing with the following related issues of Online Direct Rent Payments to Landlords/ladies holding other property accounts.  Specifically, we will be as well working with landlords/ladies on the following elements of property management account:

Understanding online direct payments account and its implications for a sound property management

Setting up an online direct payment account and a mobile money account

Dealing with online security and protection issues in relation to online direct payment accounts

Monitoring your online direct payment account

Choosing and using digital technologies to handle online direct payments (e.g. iPhones, mobile phones, tablets, laptops etc.)

Managing your online direct rent payments account alongside with other online payments etc

 

Briefly, we will work on two points:

1/ Issues or questions surrounding Online Direct Rent Payments to landlords/ladies

2/ Managing online direct payment accounts

At the end of this week’s activity and process of working with landlords/ladies, we hope to achieve the following outcomes:

landlords/ladies will be able to gain confidence in using online direct payment accounts and will shift their mindsets in becoming positive in their attitude towards letting their properties to UCC in the future.

The above mentioned activity for this week is for landlords/ladies letting and or thinking of letting their properties to Universal Credit and housing benefit claimants or recipients by themselves or via Home Relief.

If you are a landlord/lady thinks or feels you may consider UCC people and families, this week’s activity is for you.

If you are a landlord/lady wants further details about this week’s activity, contact Home Relief.

If you are looking for an affordable location and home, Home Relief is the people dealing with affordable homes you could consider in your property searches and enquiries.

For more information about our property service to home buyers and tenants, please go to https://homerelief.co/tenants/

For more information about our property service to home sellers and landlords/ladies, please go to https://homerelief.co/landlord

For properties to rent and let, go to https://homerelief.co/property-search/

For weekly property news and updates, please read our weekly posts.

Thank you for reading this post.

We look forward to receiving your regular visits to Home Relief website and to doing business with you throughout 2019.

Many thanks!

Home Relief – freelance e-property people dealing with affordable homes

 

New Year, New Lets and New Rentals

Welcome to Home Relief Bulletin Board

Monday 07 January 2019

by the Property  Team

Post No. 70

 

 

 

• New Year, New Lets for Landlords/ladies and Homeowners!

 

January is the right month for property lettings. 

January is the month during which people, who are looking for properties to rent in the New Year, may want to move.  

They may want to rent in the New Year for various reasons which include:

 

√ Start a new life

√ Move to a new area

√ Feel good in a new home at a new place

√ Move closer to a school for children

√ Start a new job

√ Relocate with family

√ Get closer to healthcare services

√ Reduce commuting journey and costs

√ Realize their postponed moving plans made before the New Year etc.

 

As these reasons speak themselves, January is the right time to get a tenant.

Home Relief is ready to make January the right month to get a tenant for you landlords/ladies and home owners.

 

With Home Relief,

 

√ Rental Market Value is guaranteed

√ Home seekers with deposit and rent in advance awaiting

√ Vetted Renters with suitable references and incomes already        registered on our books

 

If you have a bit of concern about over spending you made during the last Christmas and the New Year celebrations, it is now time to start getting some finances from your property letting. 

 

Home Relief is ready to help!

 

GET YOUR FINANCES BACK ON TRACK FROM YOUR PROPERTY LETTING NOW!

 

Contact Home Relief TODAY!

 

 

• New Year, New Rentals for Home Seekers and Prospective Tenants!

New Year is a New Chance to get a New Home to Rent through Home Relief.

You can move in this January 2019 with Help to Rent from Home Relief.

We have a number of properties to let at the Best Ever Offers in our rental stock. 

They range from a Single Room to Flats and Houses. 

We have provided a few examples of the properties we are clearing from our stock at https://homerelief.co/property-search/

If you are looking for a New Home in the New Year, here is the New Chance for you to start this year. 

It does not matter whether you are a first time renter or all time one.

Home Relief does not only offer you properties to let, but also we can assist you with our Help To Rent scheme.

Our property service operates on the first come first serve basis.

Contact our Lettings Negotiator NOW to arrange a customized response to your home needs.

 

If you are looking for an affordable location and home, Home Relief is the people dealing with affordable homes you could consider in your property searches and enquiries.

For more information about our property service to home buyers and tenants, please go to https://homerelief.co/tenants/

For more information about our property service to home sellers and landlords/ladies, please go to https://homerelief.co/landlord

For properties to rent and let, go to https://homerelief.co/property-search/

For weekly property news and updates, please read our weekly posts.

Thank you for reading this post.

We look forward to receiving your regular visits to Home Relief website and to doing business with you in 2019.

Many thanks!

Home Relief – freelance e-property people dealing with affordable homes