As you will be aware, RPs are currently in the middle of a four-year regime of annual rent decreases through the Welfare Reform and Work Act 2016 (the “2016 Act”). Until the recent announcement, the position post-2020 was not clear.

The Government has now confirmed that for five years from April 2020, the annual limit on rent reviews will be the annual change in Consumer Price Index (CPI) plus 1%. This reverts to the position before the 2016 Act and gives welcome certainty to associations regarding business planning.

As rent review time approaches over the next few months, do bear in mind our rent-review letter-checking service. For a fixed fee we will review your organisation’s standard rent (and service charge) review letters and enclosures to ensure they are compliant with the legislation, provisions of the relevant tenancy agreements, and regulatory guidance.

For more information

For more information generally about rents or our rent-review service, please contact Jonathan Cox.

Is £400m enough?
Is £400m enough?

The government announced on 16 May that it will provide a fund of £400m to cover the costs of removal and replacement of cladding to high rise residential blocks which have failed tests.

The problems with co-owned properties and attorneys
The problems with co-owned properties and attorneys

Whilst some people are under the impression that preparing a Lasting Power of Attorney (LPA) is simply a case of completing a form and ticking a few boxes, it is about far more than this.

What's mine is (not) yours!
What's mine is (not) yours!

A big fear for some people facing divorce and the inevitable carving up of the matrimonial assets. They seek assurances that such assets will be “ring-fenced” and retained for them.

How to avoid the PET trap
How to avoid the PET trap

When an individual is thinking about making a gift to another individual, consideration needs to be given to the Potentially Exempt Transfer (PET) trap.

Fictitious divorces
Fictitious divorces

Arising from the recent Family Division announcement, people who think they are legally divorced may in fact still be married.