There might be any number of reasons why you are leaving property you own empty and unoccupied this coming winter:

• your work might be taking you away from home for several months;
• the home you live in, a holiday home or residential or commercial property you let to tenants might be in the process of renovation;
• you might be moving home, have already moved into the new property and are awaiting the sale of your original home;
• the property is the subject of probate and is empty while the paperwork gets sorted;
• you might be escaping the winter altogether by taking an extended holiday in the sun; or
• your buy to let property may be unoccupied upon the termination of one tenancy pending the start of another.

Whatever the reason, you may wish to think about having specialist empty property insurance cover.

Insurance

If the premises are going to be left unoccupied for a month or more, most traditional homeowner or landlord insurance policies are likely to lapse or to become severely limited in the level of cover provided. The simple reason is that an empty property attracts different risks to one that is lived in continuously and your regular insurer may want to avoid those additional risks.

In order to maintain an adequate level of protection for your vacant property, you instead need unoccupied property insurance – which we are able to arrange for you here at Cover4LetProperty.

Playing your part in the protection of the empty property this winter

You might have taken the prudent step of ensuring that your empty property is adequately covered by insurance, but this alone does not absolve you from important precautions to minimise the risk of loss or damage.

There are a number of authoritative online resources offering tips and suggestions on the steps you might take:

• the Met Office, is one of these and advises the formulation of a flood plan before any such event takes place – especially if you are in an area known to be vulnerable to flooding;

• as temperatures plummet, burst water pipes present yet another risk of flooding and so these need to be properly lagged;

• snow too, may pose threats by blowing into the roof space, blocking air vents and adding undue weight for the roof itself to bear;

• assess the property as a whole and think in terms of its walls, floors, roof, doors and windows – and then repair, insulate and seal wherever that is appropriate and possible;

• probably the single greatest precaution to take before winter sets in is to ensure that repairs are done and that the property is maintained in good order;

• specific points of concern may be to ensure that all gutters and rainwater goods are clear of leaves and other debris – remembering that overflowing water may cause considerable damage to outside walls;

• windows need to be locked closed, of course, but it is also important to make sure that rainwater runs off the glass and does not pool on the window sills or drain down behind them;

• prevent assaults by the elements on external doors by sealing around the frames and by fitting a simple cover over any letter box that is let into the door.

Setting the temperature

Although there may be no one at home, the property – and more especially the pipework – is still likely to appreciate a modicum of heat, with your central heating system set to its anti-frost setting.

You may also find that it is a condition of your unoccupied property insurance that the property heating is set to a specific temperature to reduce the risks of burst pipes etc. You can check your policy wording or ask your broker what the temperature should be.

Prepare for winter by:

• setting the system’s clock or timer and checking that it is working properly;

• resetting the clock if there has been a recent power outage;

• checking whether the batteries on any wirelessly controlled thermostats need replacing; and

• checking that the water pressure is sufficient to prevent the boiler from switching itself off.

Insulation

As the very minimum you might want to ensure that there is sufficient insulation in the roof space so that the ambient heat you are aiming to keep is not so easily lost – but remembering too that any pipes in the roof space need to be able to benefit from the heating system.

Security

You may have arranged empty property insurance because you recognise the additional risks faced by an unoccupied home. That does not mean that you need not take all reasonable precautions to keep it safe and secure – indeed, your insurer has the right to expect you to help mitigate the risk of loss or damage in this way.

Security is likely to involve rather more than simply locking doors and windows and typically extends to measures designed not to advertise the fact that the property is empty – the garden kept tidy, deliveries taken in, timer switches on strategic lights indoors, perhaps a neighbour’s car parked in the driveway etc. You can read more in our blog: Guide to Protecting your Property.

Inspection

Your insurer is also likely to request that the empty property is visited and inspected on a regular basis and a log of such inspections kept. This might be done by friends or relations or reliable neighbours, although it is also a service offered by a growing number of security and property management companies.

Further reading: Winter-proof your garden.

Winter in the UK can be harsh on your garden, with cold temperatures, frost, and potentially heavy snowfall. However, with the right preparations and care, you can protect your garden from the winter elements and ensure it flourishes once spring arrives.

Whether you are a homeowner or a landlord of let property, it pays to spend that little extra time giving the garden an adequate level of protection, too. A well-maintained garden after all invariably adds value to your property.

In this guide, we’ll share essential tips to help you winter-proof your garden and maintain its health and beauty during the colder months.

Prepare

Before winter sets in, give your garden a thorough clean-up. Remove fallen leaves, dead plants, and any debris. Trim back overgrown branches and plants to encourage healthy growth in the coming season. A tidy garden is easier to manage and less prone to damage during winter.

Shelter

• plants, trees and shrubs all need shelter from the cold and wet wintry winds that will blow across your garden;
• although some of the work will have been determined by the planning that went into the positioning of plants and shrubs, extra protection can be provided by wrapping the more vulnerable in horticultural fleece;
• mulching may also help to keep the soil warm and moist – serving as a natural insulator for your plants;
• move delicate or frost-sensitive pots and containers to a sheltered spot, such as a greenhouse, shed, or under a porch;

Winter resistant plants

• opt for plants that thrive in colder temperatures, such as winter-flowering heathers, winter aconites, and snowdrops. These plants can add colour and interest to your garden even during the winter months;

Prune and trim

• prune your trees and shrubs to remove dead or diseased wood. Proper pruning improves air circulation and sunlight exposure, promoting healthier growth when spring arrives;

Water

• don’t forget the damage that may be caused by the excessive downpours of rain your garden is likely to get over the autumn and winter months;
• the more plants you have in your garden the better – they help to mop up all that excess rain;
• once again, advance planning in your planting may help to determine areas which are likely to remain wetter than others – so, for those parts of your garden choose water-loving plants such as lilies, hydrangeas, and luxurious ferns;

Lawns

• that low-maintenance lawn you hoped might take some of the work out of gardening might as easily turn into an unsightly quagmire after a downpour or two;
• serious waterlogging might call for the lawn to be completely re-laid when spring comes around, but a temporary remedy might be found in spiking it well to ensure as good a drainage as possible;

Raised beds

• if other areas of your garden regularly become water-logged, you might consider building raised beds to keep plants and shrubs above the waterline;
• these are easier to control when winter is doing its worst and help to maximise the space and planting opportunities in your garden – just make sure to keep them topped-up with good quality soil;

Debris

• wind, rain, ice and snow are all likely to increase the amount of general debris strewn across your garden;
• this needs to be cleared away not only for appearances sake but also to keep planted areas healthy and paths and walkways accessible;
• fallen leaves and other compostable material may be kept until spring, when you can re-apply it as fertilizer for planted areas;

Wildlife

• play your part in maintaining what is a mini-ecosystem in your garden – including both its flora and fauna;
• birds are likely to be among the most frequent visitors to your garden, so put up feeders for them and ensure they have enough water not only to drink but also to bathe in;
• you might be surprised by how many other animals make use of any ponds or water features in your garden, so, keep them from freezing over;

Check garden structures

• inspect and reinforce any garden structures like trellises, arches, and fences to ensure they can withstand winter winds and potential snow loads;

Garden equipment maintenance

• clean and properly store garden tools and equipment to prevent rusting and damage during the winter. Keep them in a dry, sheltered place.

Time spent winter-proofing your garden is likely to prove more than worthwhile. Protecting what is already established means that there is less work to do come the springtime and you may take comfort in the fact that the maintenance you do now helps protect the value of your home or let property.

As the days grow shorter and seasonal storms begin to brew, it is a timely reminder that whether it’s the home you live in or a property you let to tenants, it is never too early to batten down the hatches in preparation for the worst that winter weather can throw at the home.

The time, care, and attention you give to just a few repair and maintenance jobs now might prevent serious loss, damage, and expense when the weather worsens. So, what’s likely to be involved?

Check your insurance

• when the winds start to blow and the temperature drops, your property becomes more vulnerable to damage – so, now is the time to review your home insurance or landlord insurance to make sure it continues to provide the most appropriate protection and safeguards. (You can read our blog What you need to know about landlord insurance for information on what you should review);

• whether it is home insurance or landlord insurance, you’ll want to be sure that the policy provides cover against storm damage – and other ravages of winter weather – because most will do so but it pays you to double-check in advance;

• even with suitable insurance in place – and as with any kind of general insurance – you still have a responsibility for mitigating the risk of any loss or damage and this is largely a question of ensuring that your property is well-maintained and in the best possible state of repair;

• so, further precautions and attention to maintenance and repairs are necessary when preparing your property for winter;

Lag those pipes

• a good illustration of the connection between your property insurance and the need for simple maintenance precautions is given by the rapidly escalating costs of a persistent leak of water from damaged or burst pipes;

• as the website Insulation and More points out, lagging will not only protect pipework against damage and leaks but will also help to keep water hot until it comes out of the tap – so, helping to save on those escalating energy bills;

• simple lagging of the pipes and water storage tank is probably one of the most affordable precautions homeowners and landlords can take – it’ll cost you little yet potentially save a substantial sum on any subsequent insurance claim;

• although you might also want to lag exposed pipes that run outside the property, it is probably better to turn off the supply to those you use for the garden altogether;

Ventilation

• even though you’ll be thinking about lagging and insulation to retain the heat within the home, remember that it also needs to be kept adequately ventilated;

• shuttered rooms full of wintry air that is laden with moisture are an almost certain recipe for condensation – and the damp and mould that can follow;

• make sure that you or your tenants allow the interior to continue to breathe – either by improving the airflow or through the use of efficient air management systems;

• further reading: Guide to Condensation;

The roof

• the roof is often the most vulnerable feature of any home – leaks through missing or slipped tiles or slates and even ice damage can result in substantial repair and remedial bills unless the problems are caught in time;

• visually inspect the roof and replace any missing or slipped slates or tiles while also on the lookout for objects down below that could be damaged if an accumulation of snow and ice on the roof should slide off as the thaw begins;

• if trees or branches overhang the roof, consider chopping them back before they cause any damage when blown about in wintery gales;

Chimneys

• as winter closes in, there’s perhaps nothing more comforting than an open fire;

• but is the fireplace itself and more importantly the chimney safe to use – most domestic chimneys in the UK are more than a century old;

• well before you or your tenants are tempted to use it, therefore, make sure that the chimney is professionally swept and that it remains structurally sound with mortar that is adequately pointed;

Rainwater goods

• the gutters, downpipes, and roof gullies on the building, collectively, the rainwater goods, do more than direct the water away – they prevent the water from finding its way into the home;

• to allow them to do that job efficiently, therefore, act now to clear them of debris, such as leaves, moss, and other detritus;

Windows and doorways

• we have enjoyed higher than usual temperatures during recent summers;

• the uncommon warmth is likely to have accelerated the deterioration of the sealant that is used around the frames and brickwork of the openings for doors and windows;

• it is important to check that the sealant has not deteriorated so badly that it lets in rainwater – that will contribute to damp and mould in your property;

Service the boiler

• a survey by the Consumers’ Association’s Which? magazine – published on the 24^th of May 2023 – found that while 3 out of every 10 annually serviced central heating boilers needed repairs in the following six years, boilers that were serviced only once every 2 to five years needed to be repaired in half that time;

• the message is clear – if you and your tenants want to avoid the boiler failing at a critical time such as when a cold snap happens or during Christmas or New Year’s festivities, make sure to service it now;

• arranging a service now will avoid the later rush to callout the relevant engineers when they are busy preparing others’ boilers for winter or attending to breakdowns elsewhere;

• you might even find that your home or landlord insurance policy specifically requires that the boiler is serviced annually;

Talk to your tenants

• if you are the landlord of buy to let property, you may find that your tenants are going to be the first to spot potential problems – so talk to them and ask whether they have noticed anything requiring attention before winter sets in;

• enlist your tenants’ help in heading off worse damage by preparing a winter emergency kit for them – telephone numbers for the plumber and any boiler or central heating service plan, exactly where they can find the water stopcocks, a kit for use during any power blackout, and your own emergency contact details.

Who knows what drama and potential for damage this winter’s weather holds in store? By taking the time now to hope for the best but prepare for the worst, you might be ready for whatever happens.

Further reading: Winter-proof your garden

The latest property news headlines continue to reflect the underlying trends of the UK economy. While average house prices tumble nationwide, aspects such as energy efficiency and location also impact the market locally.

Commentators predict that rent levels are on a relentlessly upward trend.

So, let’s take a look behind those headlines.

Zoopla: House Price Index August 2023

The online listings website Zoopla published its latest House Price Index.

This revealed that – despite the recent fall in prices – there continued to be a modest annual average rate of growth. Admittedly, this registered an increase in average prices of barely 0.1% – the lowest since 2012.

Regional differences account for the fact that whereas annual prices fell by some 1% in London, they rose by 1.7% in Scotland.

Higher mortgage interest rates continue to depress the volume of sales – which is 28% down on the previous year where a mortgage is needed to make the purchase. Since cash sales are unaffected by mortgage rates, the overall annual drop in transactions is 21%.

By extension, therefore, if mortgage rates fall during the course of the coming year, then activity in the housing market is likely to increase, says Zoopla.

Sellers of homes with improved EPC ratings see ‘green price premium’

Going green makes sense for the environment – but might also help to boost your personal wealth.

That is the message in research recently conducted by the online listings website Rightmove recently.

It reveals a marked premium is paid by buyers of properties that have a higher than average Energy Performance Certificate (EPC) rating. Comparing a home that has an EPC of D with one that has an improved C rating, the difference in price could be some £11,157 – a gap of some 3%. Comparing a property that achieved a lowly F rating with one that scored a C rating exposed a difference of nearly £56,000 (15%) in terms of nationwide average house prices.

Furthermore, those “greener” properties with a higher EPC also sold more quickly than less energy-efficient homes.

A majority of people interviewed in Rightmove’s survey would be happy to pay such a “green premium” in order to enjoy the benefits of lower energy bills in the future.

New report: Northern cities are UK property hotspots

Although the national rate of growth in house prices has fallen in the past 12 months, some regions in the north of England and Scotland have stood out as property hotspots, according to Estate Agent Today on the 6^th of September.

Counter to the usual expectations that house prices traditionally climb more steeply in the south, reports indicate that between January 2020 and June 2023, the principal property hotspots were in the north of the country:

• the northwest – where average prices rose by more than 34% during the period in question;

• East Midlands – a little over 32%;

• Scotland – more than 27%;

• the northeast – more than 23%; and

• Yorkshire and the Humber – also more than 23%.

In the southeast of England, by contrast, average house prices struggled to grow by a little more than 14% in that same timeframe.

Cost of renting will continue to ‘rise sharply’, warn lettings agents

As tenants already know to their cost, rents have risen steeply in recent months. The bad news is that they are tipped to continue to rise even more steeply, according to a story in the Daily Mail recently..

Citing research by the Royal Institution of Chartered Surveyors (RICS), the newspaper revealed that more than half (54%) of all lettings agents have reported increases in rents during the previous three months to the end of July.

Nationally, average monthly rents have reached a record £1,367 – yet strengthening demand against a background of declining availability means that rents are almost certain to continue to grow still further.

Recent years have seen successive pieces of legislation obliging private sector landlords to improve the energy efficiency of the homes they let.

The current Minimum Energy Efficiency Standard (MEES) Regulations, for instance, mean that, since the 1^st of April 2020, any property must achieve at least an Energy Performance Certificate (EPC) of at least an E rating before it can be let to tenants.

The penalties for non-compliance can prove costly. A landlord letting a property with an EPC rated less than E for a period of up to 3 months can be fined up to £2,000 and if the letting is longer than 3 months, the penalty rises to a maximum of £4,000.

Although the government has not yet indicated a deadline for the introduction of further legislation, it has announced its intention to bring as many privately rented homes as possible up to a minimum EPC rating of C by the year 2030.

As a story in Landlord Today on the 19^th of August 2023 explains, a cornerstone of any initiative looking to improve the energy efficiency of any home is its heating system and the boiler in particular. So, it’s worth looking at the ways of making the most of your hot water and central heating boiler. Your tenants will thank you for it – and it may help you stay on the right side of energy efficiency legislation.

Getting the most from your boiler

You’ll soon know when your boiler is working at anything less than its optimum – the hot water will be only lukewarm, and any radiators will be tepid to the touch. What can you do?

Service

• the first step – and one that you should schedule annually – is to have the boiler serviced by a competent engineer;

• if it’s a gas boiler, of course, that means ensuring that the servicing agent is a registered Gas Safe engineer;

Cleanliness

• perhaps more than any other household appliance, the boiler is going to work best if you keep it clean and free of accumulated dust, grease, and other debris;

• though never attempt to clean the inside of the boiler yourself, warns British Gas – that’s a job that you should leave to the experts during the annual servicing;

Radiators need bleeding

• in even the best-maintained central heating systems, a certain amount of air can creep in and find its way into the radiators where it will leave cold spots at the top of them;

• the air trapped at the top of your radiators makes the whole heating system less efficient – and will be costing you extra in fuel bills, too;

• to get rid of any air that has been trapped like this, SSE Energy Services suggests that you bleed the radiators at least once a year – even when they appear to be working efficiently enough;

Check the pressure

• EDF Energy explains why the operating pressure of the central heating system can be an important issue – too low and the heating won’t be working as well as it should but too high and you run the risk of leaks developing in the system;

• the energy supplier makes clear how you can check the pressure of your system and the remedies for correcting a system that might be either too high or too low – aiming for a typical pressure of between 1 and 2 bar;

Insulation

• insulating the pipework is one of the best ways of ensuring that the heat your tenants have spent their money on generating stays where it can work its best – namely, within their home;

• efficient lagging will keep the warmth in the pipes, reduce heat loss, and save money on keeping the home warm.

As new energy efficiency legislation seems certain to tighten the already quite strict rules, it will repay landlords to pay close attention to keeping hot water and central heating boilers working at their optimum.

Please note this is based on our current understanding of legislation, which is liable to change.

Retaining a happy and responsible tenant is in your own best interests as a landlord, or course. Because that way you reduce the “voids” created by existing tenants leaving and new ones coming in – thus maintaining your rental income stream – quite apart from the general hassle and expense of having to advertise for and recruit new tenants.

Here we give some ideas on how to keep your tenant (and therefore, you) happy.

The business relationship

It is important to remember that the relationship between tenant and landlord is essentially a business relationship. You provide the accommodation, and the tenant is happy to pay a fair and reasonable rent for a home that is in good condition.

You are under no obligation to become friends with your tenants – but the key to the relationship seems to be a level-headed consideration of what the tenant considers to be a good deal.

Considerations

Here we outline a few tips on keeping your tenant happy, starring with rent. Probably a key factor for any tenant staying in their rented property is the cost:

• look carefully at your rent increase plans. Will your new price still be competitive when measured against similar properties in the area? If it isn’t, your tenants may simply walk away;
• perform a cost-justification exercise before raising rents. For example, just how much will it cost you in time and effort to replace tenants who might leave following your increase? It’s important to understand the maths and be sure that your increase makes sense when measured against the risks you might be taking of losing your tenants as a result;
• if a rent increase is unavoidable, try to link it to something beneficial they haven’t had previously – in other words, convince them that they’re getting something in return. Notification of a rent increase which is also accompanied by confirmation that (e.g.) you’re installing some new garden furniture might result in a diluted focus on the increase itself.

Communication and problem resolution

• communicate regularly with your tenant. This can help personalise you (or your appointed property agent) as an individual and nip any minor grumbles in the bud before they become a problem. Some tenants may never see their landlord from one month to the next and that might not always be a good thing;
• acknowledge any tenant communications promptly. This makes them feel valued;
• if you’ve received a request for action (e.g., a repair) but it’s one you can’t deal with immediately, tell them why not but say that it has been noted for attention. If possible, offer them a target date for resolution;
• should a complaint arise, try to manage it calmly rather than escalate tensions through rebukes etc. Not all tenant complaints will be justified but they do indicate that the originator isn’t happy and that’s something that should influence your response if you wish to retain them;
• speak to your tenants in person or on the phone rather than use emails, texts, social media and letters. True, there may be times when, for legal reasons, you have no choice but to go into writing, but the written word can be subject to misunderstanding and ambiguity and that can quickly sour a relationship.

More tips on keeping your tenant happy

• respect your tenant’s privacy. Provide advance notice before entering the property for inspections, repairs, or other reasons as required by local laws;

• conduct regular property inspections to ensure that everything is in good condition. This proactive approach can help identify and address issues before they become major problems;

• ensure that the property is secure and meets safety standards. Install proper locks, smoke detectors, and fire extinguishers, and inform tenants about emergency procedures;

• if applicable, provide amenities or services that enhance the living experience, such as a clean common area, laundry facilities, or landscaping;

• be flexible when possible. Accommodate reasonable requests from tenants, such as minor alterations or adjustments that can make the space feel more like home to them;

• have a comprehensive and clear lease agreement that outlines rights, responsibilities, and expectations for both parties. This can prevent misunderstandings later;

• if conflicts arise, handle them professionally and calmly. Try to find a fair solution that benefits both parties;

• if you have a good tenant who pays rent on time and takes care of the property, consider offering lease renewal incentives to encourage them to stay;

• stay updated. Keep yourself informed about relevant landlord-tenant laws and regulations in your area. This helps you operate within legal boundaries and maintain a fair and lawful relationship.

Research and data consistently underline the significance of tenant satisfaction and needs in maintaining a successful landlord-tenant relationship. The modern rental market demands flexibility, transparency, and responsiveness from landlords to ensure tenant retention.

By focusing on factors within your control, such as rent affordability, property quality, and effective communication, you can create a rental experience that meets tenants’ expectations and encourages them to remain. Additionally, considering external factors like location and accessibility further enhances the appeal of a rental property.

While challenges like rent increases and tenant turnover may arise, proactive strategies can mitigate their impact. Landlords who prioritise tenant retention not only reduce turnover costs but also foster a positive reputation, leading to word-of-mouth referrals and attracting new tenants.

Remember, building a positive landlord-tenant relationship takes effort from both sides. By demonstrating respect, responsiveness, and a willingness to work together, you can foster a harmonious and productive rental experience.

The escalating cost of fuel, at a time when the cost of living is rising so steeply, makes many homeowners and landlords give serious thought to alternative sources of energy.

To that end, energy captured from the sun’s rays through solar panels may make an obvious choice. Indeed, this year has already seen the installation of solar panels on a record number of homes and with estimated savings of up to £700 a year on energy bills.

Here are some frequently asked questions on solar panels.

What is solar energy?

It’s a simple question but one that is worth reminding ourselves about. Solar energy simply refers to the latent energy radiated by the sun. That energy is captured by solar panels that can convert the sun’s rays into electricity.

Are solar panels cost-efficient?

By installing solar panels, says British Gas, you stand to win on several counts:

• by switching to a “greener” source of fuel you are doing your bit to forge a more sustainable way of living;

• over time, if you have bought the solar panels outright (rather than leasing them) you will have recouped the cost of installation and will be making real savings on the cost of the electricity you consume;

• you could earn an income by selling back to the grid any excess energy generated by your solar panels; and

• the installation of solar panels could add to the capital value of your home.

Do they work whether the sun is in or out?

Clearly, solar panels tend to be at their most efficient in the summertime when there is plenty of sunshine – but they continue to work perfectly well throughout the year even when it is cloudy.

Indeed, when it is cold and bright, solar panels perform with even greater efficiency than in warm weather. That is because of the greater difference in energy between the sunlight’s photons and the solar cells’ electrons. It is that sharper contrast that increases the power generated by your solar panels.

Is planning permission needed?

Unless your home is a listed building, located in a conservation area, on the part of a wall facing the road, or if the panels overhang the roof or wall by more than 200mm you will typically not require planning permission for the installation of solar panels – it will be formally designated as “permitted development” explains the British Dwelling website.

Bear in mind, however, that the installation will need to be inspected and approved by the Building Control authorities of your local council – to confirm that the roof is strong enough to take the weight of the solar panels and to check that all the electrical circuitry meets the relevant safety standards.

When considering solar panel installation, speak to your local council first to understand any potential legal implications.

How much will the installation cost?

As you might imagine, the cost of any installation is extremely variable and will depend on the type of panels used, the size of the system, and the structure and configuration of the roof. Estimates range from £7,000 to £10,000.

Theoretically, installation could be done by a competent DIY enthusiast, but the installation and associated electrical work are more than usually complicated. Work done by professionally qualified contractors is likely to be preferable.

Cleaning and maintenance

There are no moving parts, so your solar panels require a minimum level of maintenance. Nevertheless, keep in mind that the panels need to let in the maximum amount of available light to convert the sun’s rays into power. That means keeping the panels as clean as possible.

Although they will need inspecting for signs of damage every couple of years or so, the relatively maintenance-free nature of solar panels makes them a credible and efficient solution for landlords as well as owner-occupiers.

Should I buy or lease solar panels?

The decision to buy or lease solar panels depends on your individual circumstances and preferences. Both options have their pros and cons – such as:

• owned outright solar panels initially being costlier to install but then offering longer term savings;
• leased solar panels requiring little to no upfront costs but saving you less money as a portion of the energy generated goes to the leasing company.

It is important to note that if you decide to sell your home and your solar panels are leased, this may affect any prospective buyers’ mortgage approval. This is because where mortgage lenders are concerned, the existence of a lease agreement for solar panels may create uncertainty with respect to the ownership of the solar panels. Also, for a mortgage lender, leased solar panels may affect the ease with which the property can be resold following any need for its repossession.

Summary

If you want to use energy in an environmentally friendly and sustainable way, it may be worth considering solar panels. Then you’ll be generating the electricity you use from the abundant and renewable power of the sun.

Disclaimer: Please note that this article is purely for informational purposes only and should not be deemed as advice. 

If you’re a homeowner, investor or landlord, you’ll want to keep fully abreast of development in your sector of the market. With that in mind, we’ve compiled just a few of the latest property news headlines for you. Let’s take a look …

Right To Rent landlord fines to be massively increased

The penalties for landlords who break the Right to Rent laws will face stiffer penalties – much steeper fines that are more than ten times the current rates – according to a story in Landlord Today on the 8^th of August.

Against the background of illegal immigration and the tide of small boats crossing the English Channel, the government is adopting a tougher stance towards landlords who grant tenancies to those who have yet to gain legal residency.

Homeowners who take in a lodger without the necessary residents’ permit will face fines of up to £500 (up from the current £80 per individual) and fines of up to £10,000 for each unlawful tenant (up from the current £1,000).

The penalties become steadily more punitive for those landlords who repeatedly break the Right to Rent laws by housing illegal immigrants. Repeat offences attract fines of up to £10,000 per lodger (the maximum is currently £500) and £20,000 (up from £3,000) for other illegal occupants.

Which properties are selling best right now?

Homebuyers are tailoring their expectations about the size of property they can afford. Three- and four-bedroom homes, for example, are no longer the most sought-after since buyers are looking for cheaper houses and flats, according to a survey by the online listings website Zoopla recently.

Rising mortgage interest rates, of course, have reduced the amount that many potential buyers can now afford. As a result, it has been back to the drawing board to see how far their finances will stretch.

So, out goes the generously proportioned family home for many house hunters and, instead, a modest-sized flat may be all that the budget can currently manage.

What is the new Mortgage Charter?

Another of the online listings websites, Rightmove on the 3^rd of August, focused on a new initiative set out in the so-called Mortgage Charter.

With mortgage interest rates the highest they’ve been for 15 years – and still further increases on the horizon – the new Mortgage Charter has been devised as a partnership between (the majority of) lenders, the government, and the Financial Conduct Authority (FCA) to help those existing borrowers who might be struggling to keep on top of their mortgage commitments.

The Charter is designed to set out more clearly the options for borrowers who are already struggling and in danger of falling into arrears and those whose current fixed-rate mortgage is about to end (when it will revert to the lender’s more expensive standard variable rate).

Among the options available to struggling borrowers will be:

• a temporary switch to interest-only repayment terms – this will have the immediate effect of reducing the monthly outgoings (since there is no capital to repay), but borrowers will need to be aware that the missed repayments will have to be made up some time in the future;

• extend the mortgage term – once again, this might be a temporary measure only, so that the borrower repays more of the outstanding balance when his or her finances allow, and the original repayment term is re-established.

These are probably the most familiar responses, but the new Mortgage Charter reminds borrowers that lenders may offer still further alternatives and options.

Halifax house price index: July 2023

The housing market appears to have found a sense of stability – average house prices continue to drop but by a small margin, with the annual fall currently registering 2.4% (a modest improvement on the 2.6% in the 12 months to the end of June).

The House Price Index published by the Halifax building society noted that July was the fourth consecutive month in which prices have fallen – but by a very modest 0.3%.

From its peak of £293,992 last August, the average price of a home in the UK has now fallen to £285,044 – with properties in Wales and the South of England suffering the most noticeable decline in prices.

Autumn is just around the corner, and with it comes shorter days and longer nights.

When the clocks go back at the end of October, we can expect the usual spike in burglaries that customarily accompany the darker evenings. This swells the already high number of break-ins and attempted break-ins that occur in the UK – the latest figures (2021/2022) reveal that in England and Wales alone, there were 266,283 burglaries.

It doesn’t take any intruder at all long to break in and make off with your valuables. The time taken by most burglars is no more than an average of just 10 minutes.

What you can do

Firstly, take another look at our detailed Guide to Protecting your Property. It is packed with helpful advice for all property owners and landlords in particular. The more secure your let property, the happier your buy to let insurance providers are likely to be – and, conversely, you or your tenants’ failure to take reasonable precautions might be interpreted by your insurer as contributory negligence if you ever need to make a claim.

Here we share some guidelines, with particular interest to landlords in improving the security of their let properties.

Some of that advice might appear only a matter of common sense – but no less worthwhile in reminding your tenants. Remember to lock the front door whenever they go out, for example, since an estimated 5% of all burglaries are committed through an unlocked front door.

In addition to reminders to your tenants, though, there are several straightforward, simple and relatively inexpensive measures you might take to improve the overall level of security:

• ensure all doors – external and internal – are undamaged and fit properly and snugly into their frames;
• ensure that all entry points to your rental property, including doors and windows, have robust and high-quality locks. Consider installing deadbolts or mortice locks that meet British Standards. Additionally, explore modern entry systems such as smart locks or keyless entry for added convenience and security;
• conduct regular property inspections. Performing regular inspections allows you to identify any security vulnerabilities or maintenance issues promptly. Schedule routine inspections to check the condition of doors, windows, fences, and outdoor lighting. Address any concerns or necessary repairs to maintain a secure environment;
• don’t leave ladders or other tools outside where a burglar can use them to gain entry to the property but keep them locked securely away;
• enhance outdoor lighting: Adequate outdoor lighting plays a crucial role in deterring criminal activities and ensuring tenant safety. Install motion sensor lights near entry points, pathways, and parking areas to illuminate the surroundings when motion is detected. Consider energy-efficient options to minimise costs;
• secure fences and gates: If your rental property has a garden or outdoor space, ensure that fences and gates are secure. Regularly inspect them for any damage or signs of weakness. Sturdy fencing can act as a deterrent and prevent unauthorised access to the property;
• a prominently visible burglar system may deter some opportunist thieves but needs to form part of your overall security measures – consider installing spyholes on doors, a burglar alarm system, and security lighting or motion-detector lights. Even a so-called “Dummy alarm” may be a deterrent;
• educate your tenants about basic safety practices, such as keeping doors and windows locked, not sharing keys with unauthorised individuals, and reporting any security concerns promptly. Provide clear instructions on emergency procedures and contact information for emergencies or maintenance issues;
• ensure you have appropriate landlord insurance cover that includes protection against theft, vandalism, and property damage. Review your policy regularly to confirm that it adequately reflects the value of your rental property and covers potential risks;
• prioritise tenant screening by conducting thorough background checks and requesting references from previous landlords. This can help reduce the risk of renting to individuals with a history of criminal activities or negligence;
• if you are the landlord of a House in Multiple Occupation (HMO) consider delegating responsibility to one of your tenants for ensuring that the door that gives common entry to the premises always remains locked.

Keeping your UK let property secure is a vital responsibility for landlords. By implementing these essential security measures, you can protect your investment, promote tenant safety, and maintain a positive rental experience. Regular maintenance, strong security systems, and tenant education are key elements in creating a secure environment.

Remember to stay updated on local laws and regulations pertaining to rental property security to ensure compliance and stay ahead of potential risks.

Holiday lets are booming. The number of holiday lets in England alone rose by 40% between 2018 and 2021.  So, if you own a holiday home that you let to visitors or longer-term tenants, it’s clearly important to be up to date with the various regulations and legislation that govern this type of enterprise.

It’s an issue attracting a great deal of attention and discussion about some of the ways of tackling the problems that have arisen with holiday let properties in England. So, let’s take a closer look at some proposed legislative changes …

Balance

Alarming headlines might have given the impression that holiday lets anywhere in the country automatically spell disaster.

That is simply not the case. In some previously down-at-heel seaside resorts, for instance, the increased economic activity helped by a growth in the number of holiday lets has been a positive boon. A story published in Landlord Today on the 8^th of July singled out the regeneration that has been seen in Blackpool as a particular case in point.

While there are other parts of the country – both seaside towns and country villages – where a saturation by holiday homes has made it difficult for locals to afford homes in the area, the problem is by no means one-sided or all down to holiday lets alone. A more balanced approach needs to be taken.

The introduction of a new C5 use class

In search of that kind of balance, last year the government launched a consultation exercise designed to weigh up the relative advantages and disadvantages brought to any area by a greater concentration of holiday lets.

From that exercise, consideration is now being given to a change in planning legislation to create a new C5 use class specifically for the conversion of dwelling houses into premises principally occupied as holiday lets.

Even if a new C5 use class is widely implemented, it is suggested that planning legislation retains the existing C3 use class for residential dwellings that are used as holiday lets for between 30 and 90 days (the exact interval is still to be determined).

Registration

In addition to changes to planning regulations, consideration is also being given to setting up a registration system for holiday lets.

By requiring owners of short-term holiday lets to register their property, local authorities would then have a better picture of the overall state of affairs, the number of properties involved, and the potential impact on the housing stock available for local residents.

Local authorities would have a clearer picture of the affordability of accommodation for local people and the extent to which the prevailing housing situation might be affecting levels of anti-social behaviour.

By extending registration to local holiday lets, landlords would be encouraged to improve the overall standard of short-term accommodation in the area and play their part in ensuring that all tenants have access to safe and high-quality living spaces.

At least three different options are under consideration for any registration scheme:

• compulsory national scheme – possibly administered by the English Tourist Board, local authorities, or some other agency;

• initial opt-in scheme pending a decision on compulsory registration – this would allow local authorities the opportunity of opting into a discretionary scheme in their area pending an evaluation of the benefits of making the scheme mandatory; or

• a scheme that remains entirely voluntary and into which local authorities exercise the ability whether or not to opt into a registration scheme.

Striking the appropriate balance

Although there are certainly areas of the country where the current number of holiday lets has caused grave concern for local authorities – the BBC has previously identified Salcombe in South Devon as a particular hotspot – most of the discussion strives to strike an appropriate balance in the regulation of holiday lets.

Whether controls are extended through changes to planning permissions or to the registration of holiday lets is yet to be decided.