Mayo Developments

15/01/2023

15/01/2023

15/01/2023

Meadowview - before

25/12/2021

We hope you all will have a wonderful Christmas! Merry Christmas!

09/12/2021

Andrew Bailey, Bank of England Governor, is uneasy about the inflation situation as inflation is above target. He added that the most important factor for his vote is the development of in the labour market. Property118.com
https://www.property118.com/bofe-governor-feeling-uneasy/

The Bank of England Governor, Andrew Bailey, was giving evidence to the Commons Treasury select committee and told them: “I’m very uneasy about the inflation situation. I want to be very clear on that. It is not, of course, where we wanted to be

07/12/2021

A landlord unknowingly hired an unregistered electrical contractor for the EICR inspection. When the EICR Certification was submitted it was rejected by the council as the contractor is not allowed to conduct such. Property118.com
https://www.property118.com/eicr-inspection-carried-out-by-unregistered-electrical-contractor/

I have recently applied for selective licensing as required by the council. After submitting relevant documents, the council have rejected the EICR as the contractor is not registered to carry out inspections, only domestic installation. I have subsequently managed to verify this too with NICEIC who...

04/12/2021

No rogue landlords were prosecuted related to standards in or the management of private rented housing from the 2/3 of English Councils for the past 3 years. Property118.com
https://www.property118.com/research-lays-bare-failure-to-tackle-criminal-landlords/

Two thirds of English councils have prosecuted no landlords for offences related to standards in or the management of private rented housing over the last three years. The National Residential Landlords Association is warning that this failure to take action against the criminal minority brings the....

03/12/2021

To give a balance package of reforms the Renter’s reform bill was put on hold. Property118.com
https://www.property118.com/renters-reform-bill-white-paper-put-on-ice-until-next-year/

The Government’s planned release of the White Paper for the Renter’s Reform Bill which includes proposals to ban section 21 evictions and introduce lifetime deposits has now been delayed until next year. The extra time is apparently needed to give an opportunity to produce a ‘balanced package ...

01/12/2021

According to the research conducted for NRLA, 61% of the private landlords are giving either a free rent or deferred a rent and that loss was absorbed from their savings. Property118.com
https://www.property118.com/landlords-are-absorbing-losses-from-their-savings/

The majority of private landlords helping tenants out during the pandemic by cutting their rent absorbed the losses from their savings according to new research. The research conducted by BVA/BDRC for the National Residential Landlords Association shows that sixty-one per cent of those landlords who

29/11/2021

After a formal complaint was field by leaseholders, the Residential Management firm ABC Block Management has been expelled. Property118.com
https://www.property118.com/wow-they-must-have-been-bad/

Finally, an industry body actually doing its job. Richard Davidoff’s ABC Estates booted out. “Residential management firm ABC Block Management has been expelled from industry body the Association of Residential Managing Agents (ARMA) after a formal complaint by leaseholders and a property tribun...

27/11/2021

The figures from the DPS shows an increase of deposits from students, this goes to show more students are looking for places near their University.
Property118.com
https://www.property118.com/students-returning-in-greater-numbers/

Figures from The Deposit Protection Service (The DPS) have suggested that students returned to university in greater numbers this year compared to 2020 with 25% more students registering deposits between 1 August and 26 October compared with the same period during 2020.

25/11/2021

The government will support those tenants with low-income and will be helped by a £65 million support package which was announced last October 23, 2021. This is to prevent homelessness. Property118.com