Industry News

You might already know that a leasehold interest is a decreasing asset which will need to be extended but what else  do you need to know ? 1. Statutory right A Leaseholder who has owned a flat for more than 2 years has a statutory right to a lease extension and a landlord cannot refuse […]

Earlier this year, the Government launched a consultation on ‘Increasing selected court fees and Help with fees income thresholds by inflation” which investigated the opinions of a number of sectors as to the appropriateness of the current charges to understand if they had kept pace with inflation and inherent costs. There was significant objection to […]

The last couple of years has been tough for everyone, emotionally, physically, and financially. Thousands of people in rented accommodation have been left wondering if they’ll be able to keep a roof over their heads as their jobs either disappear or they’re put on furlough on less than their usual wage. For small businesses, the […]

The eviction ban has again been extended and is now set to last until May 31st for residential evictions. During this time, evictions can only take place during the most serious circumstances and landlords are required to give six months’ notice to tenants. The extension aims to protect renters during turbulent times, although has faced […]

Ministers have announced they are going to extend the ban on possession proceedings until at least 21st February, 2021. Legislation is in place to ensure eviction notices are not served except in serious circumstances to include substantial levels of rent arrears. Important update: this ban was extended on February 14th until March 31st 2021. It […]

Today the Housing Secretary Robert Jenrick has announced the government is taking steps to implement the recommendations made by the Law Commission in 2019 for changes to the law relating to extending the leases of houses and flats. Today’s indication is that leaseholders of both houses and flats will be able to: • extend the […]

The moratorium on the use of commercial rent arrears recovery and forfeiture of lease has been extended, for what is expected to be the final time, to the end of March 2021. The ban was due to end at the end of 2020 but has been extended by an additional three months to support businesses […]

New regulations that came into force on November 17th 2020 prevent evictions from being enforced (including serving notices of eviction) until 11 January 2021. There are some limited exceptions to this for the most serious circumstances. These are: Claims against trespassers who are persons unknown Orders for possession was made wholly or partly on the […]

Back in March 2020, the UK government put emergency rules into place that suspended all possession claims and the enforcement of any possession orders already made.  On September 20th 2020 this came to an end for all residential tenancies. So, what does that mean for residential landlords that are now looking to commence new possession […]

The ban on tenant evictions that was set to end today has been extended by a further four weeks to September 20th. Understandably, this will be unwelcome news to many struggling landlords. This ban has offered a level of protection for tenants over the past five months and ‘mortgage holidays’ were introduced to help support […]