Looking at the year ahead for Property Guardianship
I am kick-starting the year with a helpful summary of some expected changes for 2018 which are relevant to the property guardianship sector:
The Homes (Fitness for Human Habitation and Liability for Housing Standards) Bill 2017-19
This draft private member’s Bill is due for a second reading on 19 January. This would see a new means of redress opened up to guardians, who will be able to seek action through the courts where a property is in an unfit condition.
Further discussion about the appropriate rateable levels for guardian occupied buildings set by VOAs
Including a summary of the use/risks of a potential temporary transfer to domestic rates.
London Assembly Housing Committee Report on property guardianship
I will share my substantive thoughts on the effects of any consequential code of practice and a benchmark standard for property guardian providers.
The Homelessness Reduction Act 2017
Are property guardians officially classed as ‘homeless?’ My next blog will consider the legalities behind property guardianship being an effective solution to local Councils as a way to reduce homelessness. This Act comes into force in April.
The Energy Efficiency (Private Rented Property) (England & Wales) Regulations 2015
This also comes into force on 1 April. These Regulations will require a property to achieve EPC band E. We will highlight the facts the sector ought to be aware of.
Rogue Landlord and Agent Checkers
Last month, the Mayor of London launched his Rogue Landlord and Agent checker containing information about private landlords and letting agents who have been prosecuted or fined by a number of London Boroughs. Remember Point 3 of my July Blog? click here for a refresh.
I will continue to keep you abreast of key developments for the property guardianship sector and work to heighten its profile nationally.
In the meantime, if any of the above issues are causing you concern as we start the new year, please do contact me and we can have a discussion.
As always, Kathryn and I are always on hand to provide you practical, commercial and legal advice flowing from these changes and how they may affect your individual business.
This update is for general purposes and guidance only and does not constitute legal or professional advice. You should seek legal advice before relying on its content. For advice, get in touch with your usual Greenwoods GRM contact or scroll down to complete our enquiry form.