Knight Property Management scores FSB Business Awards hat-trick

Following our win at last year’s FSB Business Awards, Knight Property Management has been announced as a finalist in three different categories for 2014. And we’re the only East Herts business to receive three finalist places!

FSB finalist and KPM director Jan Hunter

FSB finalist and KPM director Jan Hunter

This year has seen a record number of entries to the awards so we were up against some tough competition. And as we’re still a relatively new company, we’re thrilled we’ve achieved so much recognition from the FSB in such a short space of time.

The categories we’ve been shortlisted for include:

  • East Herts Business of the Year – The category we won last year, so we’re keen to defend our title!
  • Service Excellence – Great service is key to our success and is one of our guiding principles.
  • Olderpreneur – Jan has been nominated in this category because of her diverse business experience which, in addition to KPM, includes two local networking groups and a driving school!

The black tie award ceremony will be held at Shendish Manor, in Hemel Hempstead, on 12th June 2014. We can’t wait!

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Battle is on for the best firms in Herts

Battle is on for the best firms in Herts

Battle is on for the best firms in Herts

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Beware free tenancy agreements

You can find free tenancy agreements online, or buy blank ones from newsagents or stationers, but the problem with these is that they are frequently not up to date, contradict relevant legislation and/or contain clauses which the courts would consider unfair – all of which has the effect of making the particular clause totally unenforceable. This generally results in the clause having the complete opposite effect of that intended.

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Would you let your property using a free tenancy agreement?

Just a small example: Saying ‘no pets’ is not enforceable, as it is unfair and therefore could be safely ignored by the tenant, meaning they could actually have whatever pet they wished! Instead the tenancy agreement should say that the tenant must seek the landlord’s consent to keep a pet, and that such consent will not unreasonably be withheld. So it would be unreasonable to not allow the tenant to keep a goldfish in a small flat, but you could legitimately refuse permission to keep a Great Dane.

Imagine the small example above applied to every phrase in the tenancy agreement – would you really want to use a free or cheap template to draft the tenancy agreement for a property that is worth hundreds of thousands of pounds? That free agreement could end up costing you a huge amount of money if not correctly worded. This is no exaggeration when you consider how much the rent on your property is likely to be each month, and we’ve seen it happen multiple times.

So we would recommend having your tenancy agreement professionally drafted – it will usually save you money in the long run. We can do this for you, and can also arrange for the agreement to be electronically signed by all parties. Once everybody has signed we can arrange for each party to receive a fully signed copy of the agreement. This alone can save you a lot of time and expense in printing, photocopying and postage, or hassle in trying to get all parties together at the same place and time to sign the agreement.

If you’d like to use our tenancy agreement drafting and signature service, please contact us here.

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How the FSB business awards can help your business

As current FSB East Herts Business of the Year title holders, we were asked by the Hertfordshire Mercury for our views on how the FSB awards can benefit businesses.

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See the Mercury article here:

http://www.hertfordshiremercury.co.uk/Business/FSB-Awards/Apply-for-FSB-awards-to-boost-your-business-20140324102033.htm

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Market Continues to Tighten as Demand Strengthens Further

The latest RICS residential housing market survey reports a broad continuation at the national level of the trends witnessed since the middle of last year. The headline price net balance remains firmly in positive territory with prices reported to be rising across all of the UK’s regions.

Read the whole report by clicking on the link below:

http://www.knightpropertymanagement.co.uk/pdf/rics-residential-market-surveys/2014-02.pdf

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Landlords could face increased capital gains tax as government tightens the net

Due to an amendment to the 2013 autumn statement, unexpected changes come into force from 6th April 2014 which could affect UK residents with more than one property.

letting agents in hertford, rent my property in hertford

Keep up to date with changes to property taxation.

The government is proposing to reduce the additional time qualifying for ‘relief’ on your main home after you have moved out from 3 years to just 18 months!

This reduction could hit those letting out a previous family home, second home owners, and landlords who have previously used the concessions to reduce tax burdens.

If you would like further advice or guidance on this issue or anything else property tax related, then call RS Partnership on 01438 718118 and they will be happy to help.

Email: admin@rspartnership.co.uk

Website: www.rspartnership.co.uk

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Lack of supply in housing market driving price expectations

The latest RICS residential housing market survey reports that a lack of supply is continuing to drive price expectations.

RICS also says that stronger demand is being underpinned by an easing in credit conditions, and that sales and price expectations remain very firm.

Read the whole report by clicking on the link below:

http://www.knightpropertymanagement.co.uk/pdf/rics-residential-market-surveys/2014-01.pdf

 

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Who would have thought that the Hertford Carnival could be so much fun?

Hello and welcome to another KPM blog.

This one is a little historical but we have been asked a few times recently about David’s antics involving a full suit of armour.

David in his suit of armour

David in his suit of armour

Back in June it was the Hertford Carnival and we thought it would be fun to take part, not in the actual procession you understand, we just had a stand on Hartham Common which we were thrilled to share with our friend Rob Glover from The Best of Hertford & Ware, and also our friends and colleagues from Business Buzz HQ.

The Business Buzz Team

The Business Buzz Team

The stand proved very popular with both adults and youngsters alike although for different reasons – mostly!

The adults were interested in what we and our colleagues do and the children just wanted to play the wire buzz game and eat sweets etc. second thoughts that’s what a lot of the dads wanted to do too!

Rob G. trying his hand at the Business Buzz buzzing challenge.

Rob G. trying his hand at the Business Buzz buzzing challenge.

David attracted a lot of attention in his suit of armour and scared one or two who thought when he was sitting having a rest that he was a statue until he turned to face them and in the case of one poor lady, actually started walking after her – I thought her husband was going to call a duel but he was too busy laughing (how ungallant).

David on the move

David on the move

Anyway, the rain held off until we were packing up so that was a bonus, and other than the wind being a tad too persistent a good day was had by all.

We’ve posted some photo’s below for you, please feel free to comment!     

Youngsters ready to do battle with a balloon sword.

Youngsters ready to do battle with a balloon sword.

Buzz Lightyear taking a rest

Buzz Lightyear taking a rest

Jan & David with Patricia (Hertford Mayor)

Jan & David with Patricia (Hertford Mayor)

Victoria, being a bee for Business Buzz

Victoria, being a bee for Business Buzz

Rob G.

Rob G.

Tired Bee at the end of the day.

Tired Bee at the end of the day.

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DPS guidance on Superstrike

The recent Court of Appeal case of Superstrike vs. Rodrigues concerns an assured
shorthold tenancy that was created in January 2007 prior to the introduction of
mandatory tenancy deposit protection on 6 April 2007. The tenancy continued on a
statutory periodic basis from January 2008 and the deposit remained unprotected.
In 2011 a Section 21 notice was served to end the tenancy.

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DPS guidance on Superstrike.

The Court of Appeal has ruled that when the tenancy continued on a statutory
periodic basis in 2008 a new tenancy was made and a new deposit was deemed to
have been received, and therefore fell under the requirements of tenancy deposit
protection legislation. Having not met those requirements (to protect the deposit
and serve Prescribed Information (PI), including serving the scheme leaflet, or
equivalent) the landlord was not entitled to serve a s21 notice.

Click the image above for the full DPS guidance on the implications of this Court of Appeal judgment.

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Knight Property Management wins FSB East Herts Business of the Year!

Mercury Business News 20/06/13

Coverage of the FSB Hertfordshire Awards

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