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We are writing this to let you know that we are here to offer help and advice, and would like to clarify the situation with regards to your rent.


The government has requested that banks give a 3 month mortgage holiday to those landlords that are unable to make mortgage payments. This is not free money, the mortgage payments are simply deferred with interest to be collected at the end of this crisis.

At the same time the government is providing employers with 80% wage subsidy to avoid having to lay off staff. So they can continue to pay wages.

Your rent will be treated in the same way, if you are unable to pay your rent, it will accrue during this crisis and we will need to set-up a payment plan later. In the meantime there is plenty of help available from the government, we have provided the links below, so please do start your claims for Universal Credit or Employment Support as soon as possible to avoid any delays to your payments.

Your landlord will need evidence of your claims to provide to their lender to be able to activate the mortgage holiday, so please keep your agent and landlord informed and please forward details of your claims to avoid any unnecessary hardship to your landlord.

Above all, please stay safe.

Self Employment & Universal Credit
https://www.gov.uk/self-employment-and-universal-credit 

Employment & Support Allowance
https://www.gov.uk/employment-support-allowance 

Covid-19 Small Business Government Grant https://smallbusiness.co.uk/how-do-i-get-the-government-3000-coronavirus-grant-2549866/ 

Coronavirus Business Interruption Loan
https://smallbusiness.co.uk/how-do-i-apply-for-a-coronavirus-business-interruption-loan-2549863 

Citizen’s Advice
https://www.citizensadvice.org.uk/benefits/help-if-on-a-low-income/if-youre-struggling-with-living-costs/ 

Emergency Funding
https://www.stepchange.org/debt-info/emergency-funding.aspx 

If you would like to discuss further please do not hesitate to get in touch.

Email: This email address is being protected from spambots. You need JavaScript enabled to view it. 

Phone: 0345 257 9850 

Many of my blog reading friends contact me for various property related advice and as they will testify, I try my best to assist where I can. As you can imagine I see a lot of property and meet both buyers and sellers alike so I get to see and hear from both sides. As the Walsall Property Market starts to pick up again after the usual winter lull, I have been approached by some sellers struggling to sell their property. So here’s my tuppence worth…

…you’ve put your home on the market and now you’re eagerly waiting for those viewings to come rolling in. You may be receiving some viewings but actual offers are lacking. Unbeknownst to you, you are sabotaging your sale. The good thing is there is time to turn things around.

I’m returning to another very popular estate for rental property for Walsall landlords. Listed 3 days ago this two bedroom semi detached house is being marketed at offers for £140k by Connells (01922 716026). Another perfect spec ready for a quick let. I would say the asking price is slightly over the ‘going rate’ for similar property types and specs on the estate.

A two bedroom semi detached house on a popular newbuild estate in Walsall, WS2. Marketed by Goodchilds (Call 01922 312016 ) with an asking price of £140k.

The Government’s Annual Housing Survey is 50 years old this year. It has taken a snap shot of the UK’s property market every year since 1969 and in the recently published report for 2018, it wasn’t a surprise that owner occupation is still the most predominant tenure, yet now more people own their home without a mortgage rather than having a mortgage as the number of people buying their first home (obviously with a mortgage) has declined since the Millennium. The report also shows homeowners (mortgaged and owned outright) are, on average, older than renters and between the homeowners themselves, those who are mortgage free are older than those with a mortgage.

Looking at the most recent data for Walsall, I wanted to see how we compared to the national picture. Therefore, focusing on the main 4 tenures of owned outright, owned with a mortgage, social housing (i.e. Council Housing and Housing Association) and private rented, this is what I found out…