Benefit Overpayment

Is a deduction from existing housing benefit payments and used to recover payment from tenants. Such recoveries can impact upon rental income creating a shortfall if such benefits are paid direct to...

Block Management

This refers to the agents that manage/act on behalf of the freeholds and leaseholds normally for a block of flats or apartments. They will usually arrange things like: building insurance tending the gardens general cleaning and re-decoration of shared...

Break Clause/Release Clause

Clause within a contract that allows the exit of that contract normally with stipulations. These are sometimes used in conjunction with fixed term tenancies and will normally allow either party to get out (normally with about 2 months notice) before the end of the new...

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