By Admin Deposit Protection 0 Comments

I Haven’t Protected My Tenant’s Deposit, What Should I Do As A Landlord?

It is a legal obligation that, if you take a deposit from your tenant, it is placed in a government authorized Deposit Protection Scheme within 30 days of receipt. This has been in force since 2007 and now applies to all tenancies regardless of when they started.

You also need to inform your tenants fully of the details of their deposit protection within 30 days of receipt.

If you do not protect your tenant’s deposit, there can be serious consequences. Your tenants could take you to the county court, which could order you to repay the deposit or to place it in a scheme within 14 days. Tenant’s Deposit

The court can also order you to pay damages of up to three times the amount of the deposit, and can decide that the tenants do not need to move at the end of the tenancy.
You also cannot serve a Section 21 Notice to regain possession of your property at the end of a tenancy if you have not complied with Tenancy Deposit Protection (TDP) Scheme legislation. In this situation, you would have to show legitimate grounds for evicting your tenant(s) with a Section 8 Notice.
If you have failed to protect your tenant’s deposit within 30 days, there is no way of rectifying this mistake which will fully protect you from legal consequences.

The wisest option in this situation would be to pay the deposit into a TDP scheme as soon as possible. This would still leave you liable to court action, but a judge may decide to be lenient in light of the fact that you did try to fix the problem and, therefore, lessen the damages to be paid.

It is necessary to note that if you are using a letting agent and they fail to protect your tenant’s deposit, as a landlord you are still responsible. This is highlighted by the case of a landlord who had given his tenant’s deposit to a letting agent, but when it came to the end of the tenancy, the agent no longer existed.In this case, the landlord was held liable and ordered to pay three times the original deposit (£1950) in damages plus costs.

Therefore, you should make sure that your letting agent is part of a regulated Client Money Protection Scheme, and insist that they give you details of the TDP Scheme they have used within 30 days, just as they are supposed to do with the tenants.

By Admin UK Rubbish Removal Services 0 Comments

Rubbish Clearance Doesn’t Have To Be Difficult

If you have a lot of rubbish, waste or debris at your home, it makes sense to formulate a plan to get rid of it. There is a great deal to be said for making sure your home is as clean and as tidy as possible, and cleaning your home can go a long way to ensuring you enjoy your home as much as possible.

A clean home will provide you with space, it will boost your mood and it can make your home feel more attractive. Whether you plan on enjoying your home for many years to come or you intend to sell up at some point in the near future, clearing out rubbish is a task that will provide a range of benefits.Rubbish Clearance, London, uk

However, you can see why people would prefer not to carry out a rubbish clearance. It can involve a lot of work and once you have collected the rubbish, getting rid of it in an effective manner isn’t always easy or possible. This is why it is good to know that there is support and assistance available for people who are looking to clear rubbish from their homes.

If you want the best level of support and assistance when it comes to clearing rubbish from your home, you’ll find that Cenultra are the company to call on. Cenultra provide a wide range of specialists who will ensure that your home looks in great condition all year round. There is a lot to be said for calling on specialist help when it comes to looking after your home and you’ll find that the rubbish clearance specialists from Cenultra will make light work of the project.

Here are some of the reasons why you may want to turn to Cenultra for support in clearing out your home.

If your local council rubbish clearance service isn’t good enough

While many people experience a reasonable standard of rubbish removal services from the local council, this isn’t the same for everyone. If you feel as though you receive a substandard service when it comes to removing rubbish from your property and you are prepared to spend your own money to get a service that is fit for purpose, you should call on Cenultra who provide a reliable and effective rubbish clearance service that can be timed around you.

Whether the timing of the local council service doesn’t suit you or you would like additional support, calling on a local rubbish removal specialist can make a big difference to the way that you look after your home.

If you want to recycle your rubbish in an environmentally friendly manner

Many people are naturally concerned about what happens to their waste once it moves on from their home. If you are keen to ensure that your rubbish and waste are recycled in an effective and appropriate manner, you should call on a firm that is fully committed to recycling. At Cenultra, you can rest assured that your environmentally friendly wishes will be carried out, allowing you to state with great confidence that your rubbish and refuse has been disposed of in an effective manner.

Do you lack the time to clean and remove rubbish from your property?

One of the key reasons why many of us struggle to keep our homes today or to recycle in a proper manner is down to the fact that we lack the time. Modern life can be quite hectic and many people only have time to relax or unwind when they come home from work.

If you would like to claim some more free time, calling on local rubbish collectors to effectively dispose of your rubbish is a sensible move. Professionals are more likely to carry out the job in an effective and timely manner, allowing you more time to focus on other tasks or just enjoy the fact that you have a clean and tidy home.

You lack a car or van large enough to take rubbish away

A valid reason to call on a specialist rubbish clearance company comes with the fact that you may not have a car or van that is suitable for driving to a rubbish dump or local authority rubbish collection point. In this regard, it makes sense to call on the experts to remove your rubbish. There is also the fact that you will be able to keep your car or van clean and tidy.
When it comes to clearing your home or property, calling on experts like Cenultra makes perfect sense. Choosing to leaving rubbish clearance work to the professionals is a great decision which will provide you with time and a much cleaner property without much of the work.

By Admin UK First Time Buyers 0 Comments

Help to Buy ISAs, How does it Work?

A Help to Buy: ISA is a government scheme for those saving to buy their first home in the UK. The government offer a bonus of 25% of total savings, with a maximum bonus of £3000.

There are several guidelines that must be met such as being a UK resident; being unable to rent the property out once it has been purchased and being over the age of 16.

It is possible to deposit up to £200 per month into the ISA (up to £1200 in the first month) which can be done in multiple deposits. There is also no requirement for a deposit to be made each month. Once the purchase of a new home has been organised with the solicitor, the solicitor will apply for the bonus and the bonus will go immediately to the seller. Property Help to Buy ISAs

The ISA can be opened any time up until 30th November 2019, and the bonus must be claimed by 1 December 2030. To be eligible for the bonus, the property must be paid for with a mortgage.

Advantages include the fact that the ISA is available from numerous banks and building societies across the UK:

  • Two people can combine their ISAs for a total bonus of £6000 from the government for the same house.
  • As with all ISAs, the interest is tax-free which means that it is higher than other savings accounts.
  • If necessary, the ISA can be transferred between banks and the money can be withdrawn at any time.
  • The ISA can also be used in conjunction with other government schemes such as Help to Buy: Mortgage Guarantee and Equity Loan schemes.

Alternatives to the Help to Buy ISA :

ISA include the normal cash ISA, which don’t include a government bonus, but which allow the individual to save more than £200 per month and still retain a competitive tax-free interest rate (thus speeding up the rate of saving).

There are some potential drawbacks to opening a Help to Buy: ISA, as ISA interest rates are variable, and while they are currently very competitive, this could change. It is possible that the ISA could slow down the process of buying a house, as it would take over four years to earn the full government bonus (with the £200 monthly cap). Additionally, the solicitor or conveyancer must be registered with the Help to Buy scheme before they (First-time buyers) can apply for the bonus, and they could charge up to £50+VAT for the application itself.

 

By Admin Plumbing Services 0 Comments

Hire The Best Emergency Plumber London Has To Offer

If you have a difficulty with your plumbing, your toilet, your boiler, your radiator or any other matter that impact on your everyday life, you know that you need to have the problems resolved as quickly as possible. The fact that plumbing issues can arise at any time of day or night means that there is a need to call an emergency plumber who can help you out at short notice. Given the importance of plumbing work and the fact that amateurs can cause more problems than they resolve, it is vital that you know who the best local emergency plumber is.emergency plumbers near you

In the old days, it used to be that you would open up a phone directory and then call on the first plumber that you found. This was a flawed approach, and while it was useful to find a local plumber, there was no guarantee that you were going to find a plumber who could be relied upon. Gratefully this is no longer the case because, with the advent of the internet, there is a genuine opportunity to find a highly skilled and competent plumber who will provide you with the support and assistance you need.

There are many benefits to gain by calling on a reliable local plumber, and this is something that we are keen to offer at Cenultra. We take great pride in offering an affordable and efficient plumbing service and if you want the reliable plumbing services in London, we are more than happy to help. We believe that no matter the issue, you need to have plumbing problems resolved quickly, and we are here to give you with the support and assistance that you need.

Some of the main advantages of hiring the best emergency plumber London has to offer include:

Support when you need it

The peace of mind that comes from knowing problems and issues can be resolved quickly is one of the best reasons you will have for knowing what local plumber to rely on. Thankfully you will never need to call on the services of a local emergency plumber in London but if you do, you want to know who to trust.

Reliable support from professionals

While a lot of people think that they can carry out DIY work around the home, there is a lot to be said for calling on a professional plumber. Too many plumbing issue shave been exacerbated by people looking to carry out the work by themselves. When you entrust a professional to take care of your home, you will call on a professional with the right tools for the job and an understanding of what the job entails. This means that they can carry out the job quickly, and they can carry it out in an efficient manner.

Temporary solutions and then a proper resolution if needs be

It may be that a plumbing issue needs a particular part or requires a lot of work to be carried out. In this regard, you will find that an emergency plumber will be able to perform effective repairs that will stop or minimise any issue and then come back to resolve the matter in a more reliable manner. This is an area where a local plumber is of great benefit because they will be able to respond quickly and come back to you at short notice.
When it comes to finding the most effective emergency plumber London can provide, you’ll find that Cenultra is the company to call on

Tips on how to avoid future problems

While the main benefit of calling on an emergency plumber comes with the swift response to a pressing issue, you’ll find that a reliable plumber will provide you with assistance in improving the standard of your home in the long term. Knowing how to take better care of your plumbing is of great benefit and if you are looking to have a home that looks great and operates efficiently, taking advice and guidance from the professionals is the best way to start.

The kudos that comes from supporting a local business

When you call on the most effective emergency plumber London has to offer, you can take pleasure in helping a local company and professional. In the modern era, many people take a lot of satisfaction in supporting professionals in the local area and when you call on Cenultra, you can be confident that you are benefitting the local community as well as yourself.

By Admin Insurance 0 Comments

Landlord Rent Guarantee Insurance Guide

As a landlord, you will need different kinds of insurance to protect your property investment against potential accidents, damages or unforeseen calamities. Many landlords just have simple buildings cover, but rent guarantee insurance is one thing that you cannot pass up, as it safeguards one of the most unpredictable aspects of renting properties: the reliability of tenants. This guide will explain what rent guarantee insurance is and why you need it, as well as guide you through the process of how to obtain and use the insurance if necessary.Landlord Rent Guarantee Insurance

What is Rent Guarantee Insurance?

This insurance ensures that you are protected financially in the event that a tenant fails to pay their rent. When the tenant arrears on the rent, the insurance will reimburse the cost of the rent, although depending on the insurance policy it might not pay out if the rent goes into arrears. This insurance is not covered in most landlord insurance policy packages, so you need to get rent guarantee insurance on top of that. The insurance is reasonably cheap, going for as little as £90 for a twelve-month policy.

Why It is Important for Landlords

In hard economic times, more and more tenants are finding it difficult to meet their rental commitments. In the private rented sector, more people are being evicted as a result of being unable to pay their rent. But merely evicting a problem tenant will not reimburse you the money you are owed for renting out your property. After all, the time using the property that hasn’t paid for could have been time spent finding and letting out to a tenant who could have paid the rent. While a landlord can go some way towards discerning reliable from unreliable tenants on the basis of tenant referencing and credit reviews, you still can’t foresee the unforeseeable. Personal tragedies may render a tenant unable to pay.

A tenant may be in a difficult situation economically, but they could also simply prefer to use their money in ways other than paying the rent. They might think, if you’ve allowed them to pay the rent late on previous occasions, that you are a soft touch and that they can get away with it. But this sets a precedent for them exploiting your generosity. The tenant-landlord relationship can be tricky to navigate, because nobody wants to kick someone out on the streets if they can avoid it. But this can lead landlords to be overly cautious when dealing with problem tenants. If you are in the undesirable circumstance of having to take a tenant to court for the rent, having rent guarantee insurance gives you more financial security and will probably make the process quick and painless for everybody.

Many rent guarantee insurance packages cover legal costs for this very circumstance. Legal costs can be punishing, the rent owed might be substantial but still not enough to justify the cost of a lawyer. Another common part of the package is eviction costs. These costs can include court costs if the case goes to court, as well as the cost of looking for a new tenant, and the cost of removals if you agree to cover those for the sake of expediency, to free up the house for a new tenant.

But is it worth it to get rent guarantee insurance? In the circumstances where a tenant is unable to pay for rent, it is unlikely you’ll be able to get that money back unless you take them to court. This is why the insurance matters because it is more likely to pay out as more tenants face financial instability and are unable to pay their rent.

How to Get Rent Guarantee Insurance

So how do you go about getting rent guarantee insurance? And how do you ensure that you get a good deal? The first step is to research the different rent insurance policies available. Some more general landlord insurance policies might cover rent guarantee, so make sure that it is not already included in your existing insurance package or a package that you are thinking about investing in.

Also, look closely at the caveats, as well as the circumstances in which the insurance pays out. Is there an upper limit of how much the insurance will pay out? Does this cover legal and eviction costs? This will determine how you budget for court cases or maintenance on the property. Also, how long after the tenant has stopped paying rent will the insurance start to pay out, as it may take a time to authenticate and process the insurance claim? Will the property be usable during this period, and if not do you have other sources of income?

Many rent insurance policies include restrictions on tenant types, e.g. students or people not legally in the UK. This will mean that the insurance company will have to perform a background check on the tenant, which may result in it taking more time.

Once you’ve decided on the insurance package that is right for you, you should seek legal and financial advice before investing in the insurance. If you can, talk to people who have had this kind of insurance to see if it was useful to them and could be helpful to you as well.
Investing in this insurance policy will relieve you of the worry that a tenant could run off with your money. This means you can concentrate on the main stuff, such as maintaining the quality of your property, as well as staying on good terms with your tenants.