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Q. According to my Agent my tenancy has now run into ‘Periodic’ what does this mean and how does it impact me as a tenant? A. Once the fixed term of an AST (Assured Shorthold Tenancy) tenancy comes to an end if both parties are happy to continue the tenancy but a new term is…
Q. Who runs the tenancy deposit protection schemes? A. The government has awarded contracts to three companies to run tenancy deposit protection schemes; The Deposit Protection Service (The DPS) The DPS is the only custodial deposit protection scheme, is free to use and open to all Landlords and Letting Agents. The service is funded entirely from…
Q. My property has been on the market for absolutely ages now, around 10 weeks and I have had hardly any viewings. I’m really frustrated as I need to move urgently and get my child settled into a new school within the area I’m moving too. The Agent just keeps telling me it’s quiet. Have…
Q. I’m renting a house through a local agent and sharing with two others, problem is one of the sharers now wants to leave but both myself and the remaining sharer want to stay. The issue we have now though is that the sharer that’s vacating wants his deposit back, but this is held in…
Q. I’ve had some really great tenants a middle aged couple renting my property for over 2 years now who have been pretty much perfect in every respect, however I recently had some terrible news, the wife called to say her husband had died very suddenly. As you can imagine this was shocking news all…
Q. A week ago, I was informed by the Estate Agents that are managing my flat that water was leaking from my flat into the occupiers below. The leak has caused damage to the ceiling, walls and carpets in the flat below us and the occupiers are demanding that we pay for the damage to…
So finally the dreaded emergency budget that has caused such a hush throughout the property market since the General Election is over and we all now know exactly where we stand. But how will this impact us as individuals with regards to buying and selling? Turning first to the interest rates – The bank rate…
Q. I’m investigating buying a property in an area that I am completely unfamiliar with and wonder how in this particular market I can get to grips with whether I’m paying too much or securing something for a realistic price, I’ve heard that there are a few websites that you can look up properties and…
Q. I’m fresh out of university and renting a property for the first time and feeling a tad daunted by the tenancy agreement, are you able to explain some of the more unusual clauses below? A. A tenancy agreement is a legally binding contract between a landlord and tenant that sets out both the legal…
The personal search industry are up in arms and have hit back furiously at suggestions this week that official local authority searches should be made compulsory in all house sales. The proposal came from the chief executive of Land Data, which facilitates the online availability of official local authority searches. The National Search Service said…
