We do hope you are all keeping well as things slowly return to normal. This has been a disruptive time for many of us, but with that comes an opportunity to revisit current processes and identify new opportunities. Have you reviewed your property process from a top-down view?
If not, then as part of such an activity you may find it beneficial to revisit our recent blog on property inventories where we offer best practice tips on streamlining the process.
In a change to our usual useful information, we felt it was important to refocus on 4 fundamental aspects of the property market which irrespective of the current Covid-19 environment, are still enormously relevant.
1. Property market: Information for estate agents and landlords on the opening up of the property market during COVID-19. Please find the updated guidance here, on the gov.uk website.
2. Electrical regulations: From July 1st 2020 for new tenancies and from April 1st 2021 for existing tenancies, landlords will be required to ensure every electrical installation is inspected and tested at regular intervals by a qualified individual. Information regarding this change can be found on Arla as well as the gov.uk site.
3. Tenant fee ban: From June 1st 2020, all fees will be banned to also include any fees charged on a tenancy signed prior to June 1st 2019 – get up to speed on the MyDeposits website.
4. EPC’s: From April 1st 2020 it is unlawful to rent a property that breaches the minimum E Rating. Find updated information on the RLA.
How can we help? If you require any assistance with thorough, professional and efficient inventories, electrical inspections and/or end of tenancy cleaning, get in touch with us with today.
Call: +44 7932 760 563 Email: email@example.com