My BTL Deal of the Day 2 bed Semi Station Road Walsall WS4 Yielding 5.49%.

A 2 bedroom semi detached house on Station Road, Walsall, WS4. The property is being marketed by Dixons (01902 596628). An excellent spec, which will need some tweaking to the decor. The full property details can be viewed here.

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MY BTL Deal Of The Day 2 Bed End Terraced House Locket Close Walsall WS2 With Yields Of 5.73%

A two bedroom two bedroom end terraced house. The spec is very good and should be good to go pending an actual viewing, which I would highly recommend sooner rather than later.

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Walsall Landlords – Are you abiding by all the laws?

Walsall Landlords – Are you abiding by all the laws?
Walsall Landlords – Are you abiding by all the laws?

 

As the dust finally settles on the manic world of returning to work after a small hiatus, my thoughts return to the Blog.  I have been asked on many occasions where I get inspiration from when writing such ‘out there’ and ‘interesting’ articles (which I take with compliment).  The truth is a lot of my inspiration comes from talking to Walsall landlords and Walsall property owners.

Approximately a fortnight ago I was talking to a professional landlord who has an extensive portfolio up and down the country including a few in Walsall.  We got talking about Housing Law and all the regulations/ legislation that landlords need to adhere to.

Did you know, there are over 125 individual acts of legislation that landlords must adhere to if they’re to remain on the right side of the law?  Most landlords can’t name the specific acts but know and understand the basics, which are:

  • Tenancy deposit protection
  • Annual gas safety inspections
  • Energy Performance Certificates
  • Smoke alarms
  • Carbon monoxide alarms, and;
  • Serving of prescribed information

But, can you name the acts these rules come from?  Can you name the recent legislation that demands an energy efficiency assessment be ordered before the property to marketed to let and a valid EPC in place within 7 days and where reasonable to do so, this can be extended up to 21 days. This is detailed in the act The Energy Efficiency (Private Rented Property) (England and Wales) Regulations 2015.

What about the relevant act that gives tenants the powers to report poor housing conditions?  This is covered by Section 11 of the Landlord and Tenant Act 1985.  It is this act that obliges tenants to keep the property in a “tenant-like manner”.  Later acts gave tenants the right to complain without fear of revenge evictions making it a criminal offence to evict a tenant who requests “too many” repairs.

More legislation is working its way through parliament, being written into law, including the upcoming tenant fee ban, deposit cap and potential three-year minimum tenancies!!

Now, more than ever, landlords should give strong consideration to letting their property and managing it themselves.  With more than 125.. and counting.. acts of legislation that landlords must be aware of and adhere to, it is no wonder that we regularly see Walsall landlords and Walsall Letting Agents regularly falling short of fulfilling their obligations.

A full list of the 125+ acts are listed below:

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My BTL Deal Of The Day 2 Bed Terraced House, Walsall, WS2 Yields 5.60%

A two bedroom end terraced house in Dyson Close, Walsall, WS2. This very nice property is worth your time and effort to view.

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MY BTL Deal Of The Day Is A Good Value 3 Bed Semi, Walsall, WS3 Yielding 6.21%

A very spacious 3 bedroom semi detached property, Walsall WS3. Currently marketed by Purple Bricks (0121 721 9601) with an asking price of £115k. It has a very nice neutral spec with gas central heating and double glazing.

A family home with a spacious garden at the rear and a curtilage at the front of the property, which could be used for off-road parking. All three bedrooms are double sized, with the smallest bedroom having some form of storage space.

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My BTL Deal Of The Day 3 Bed Semi, Raymond Close, Walsall, WS2 Yields 5.36%.

A superbly presented three bedroom semi detached house on Raymond close, Walsall, WS2. I recommend you arrange a viewing sooner rather than later as this is going to get snapped up pretty soon.

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My BTL Deal Of The Day Is A Two Bed End Terrace House North Walsall, WS3 Yielding 5.73%.

A traditional two bedroom end terraced house on Wenlock Gardens in the Coalpool area of Walsall. The spec is pretty decent and not a lot, if any, requiring attention. However, I would recommend changing the blue and green painted walls and go for something more neutral and in keeping with the rest of the property.

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