Feb 27 2025 72 mins 7
In this episode ex lawyer turned Landlord Blogger, Suzanne Smith Joins me to discuss what is really going on in the Renters Rights Bill and what else Landlords should be aware of.
We discuss;
Suzanne's move from being a lawyer for multinational corporations to becoming a Property Investor.
Difficulties she had with lettings agents and why she set up her blog for Landlords.
How Smaller Landlords can survive in the Private Rental Sector
The type of mindset Landlords and Residential property Investors should have.
Is Passive investment a reality for Landlords
Awabs Law, Damp & mould and duty to investigate the causes of Damp and mould and what details are still to come.
People on Benefits can have a good credit history.
What Landlords and Property Investors should be concerned about in the Renters Rights Bill including
- Abolition of section 21
- The end of fixed term tenancies and the impact on the student market in particular
- New grounds for section 8
- Rent increases through Section 13 notices and the first tier tribunal. How tenants are being incentivised to go to tribunal.
- First months rent and rent in advance payments.
Some common misconceptions from Landlords on the Renters Rights Bill.
The process of how the Renters Rights Bill going through Parliament and onto the statute book.
Changes in EPC requirements.
Differences in Energy Efficiency Ratings, Carbon offset and what will the new EPC prioritise.
What is currently being consulted on for EPC.
- When this will come into force.
- How long will the new EPCs last for.
Windows of opportunity for Landlords to think of now.
Price cap for works to get to an EPC rating of C.
How the price cap works in relation to what you spend money on first.
Money spent now does not contribute to the cost cap.
Generous grants are available.
Disproportionate effects on low value areas.
Changes of rules for listed buildings and EPCs.
EPC assessments and the assumptions that occur.
Tips for Landlords to ensure the EPC is getting the best score at assessment.
The importance of evidence.
The stages of change management and how investors are going through grief but need to jump to acceptance and implementation.
Pricing the risk of these changes for property investors.
Avoiding problems is better than fixing them.
Percentage returns are useless without a value.
Examples of buying property not being a good investment over the long term.
Please check out Suzanne's great blog posts here https://theindependentlandlord.com/the-independent-landlord-blogger/
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