The property market being so vast means there’s always room (excuse the pun) for absurd stories. So here’s a roundup of the craziest ones we came across this week.
Having aired this week on UKTV’s Watch, a new series titled ‘Honey, I Bought the House’ is the latest property-related programme to be commissioned. Reminiscent of the BBC’s ‘Don’t Tell the Bride’ concept, this new show sees couples be given a £15,000 deposit in a bid to get onto the property ladder.
As the title suggests, however, couples won’t be making a joint decision. Instead, one partner will be solely responsible for viewing properties in the space of three weeks before finalising a house, leaving their other half to either accept or decline going ahead with the purchase. But the latter will mean losing the substantial deposit.
Steve North, General Manager of Watch, said: “For those buying it is a major life event and one that can provide wonderful moments of emotional insight, especially when you have two people buying a house with different wish lists. This all makes for compelling viewing.” It may do so but Kingsley Hamilton Estates doesn’t expect home buyers to follow suit anytime soon.
In other news, a landlord in Wirral was recently fined £1,350 by the courts for letting a house that failed to comply with appropriate health and safety measures. The property was characterised by boarded up windows, and lacked fire protection measures as well as adequate kitchen and bathroom facilities; leading council officers to brand it as “one of the worst cases of poor housing conditions they had come across.”
Councillor George Davies, Wirral Council’s cabinet member for Housing and Community Safety said: “Whilst we always try to work with landlords and give them reasonable time scales to improve property conditions, if they do not co-operate then the council will take enforcement action.” The warning comes after updates in smoke and alarm legislation were introduced at the beginning of the month.
Staying on the topic of lettings, a landlord has been fined a whopping £88,000 for renting out one of his North London properties – an unlicensed basement of a cafe – which was found to be “substandard” by Blackfriars Crown Court. Having rented out the space on north London’s Caledonian Road for 14 years, since purchasing it in 2000, the landlord denies knowing that council inspectors deemed the property as an unsuitable accommodation unit.
A previous tent commented: “It wasn’t a fantastic place to live and there were damp issues.” James Murray, Executive Member for Housing at Islington Council, said: “More and more people in Islington are renting privately, and we are determined to help make sure they have decent homes to live in. Most landlords act lawfully – but when rogue landlords break the rules, we will go after them.” On that note, if you’re a landlord, it might be a good idea to refresh your knowledge about the rights of your tenants, i.e. the responsibilities you have towards your tenant’s tenancy.
The sound of renting a London room for £1 a month would sound too good to be true, even to those who are new to the private rental market. And it is and it isn’t. City worker Adam Mughal is offering the spare room in his five-bedroom house, situated in East London’s Stratford, to IT or business graduates. But he is doing so in exchange for their specialist skills being applied to work on his web app business.
He told the Evening Standard: “I don’t have the resources or the budget to hire a full-time web developer but this opportunity allows someone to stay in London and work for me part-time.” What may sound like a farfetched idea has in fact garnered over 1,000 applicants in the space of two weeks. So the question is, will this become a future trend?
Choose Kingsley Hamilton Estates to take care of your property needs; whether you’re looking to buy, sell, let, or rent. We’re built on three core values: customer care, personal service, and expert knowledge so call us 020 7078 0214 to talk to a member of the team.