Assuming a commercial property is let already, the proposition an income-producing investment, the investor would be buying the building/property, not the tenant's business. Since the purchase price is geared to the passing and reversionary rent, it is normal to assess the tenant's ability to per
I have always found the holding deposit (an initial retainer paid to the landlord or agent to reserve a tenancy) is a very useful device to commit the tenant to your letting. But is it legal to withhold the advance deposit you take from a prospective tenant if they back out?In my experience a pro
What do I need to do when I protect my tenant/s deposit? If you take a deposit from your tenant/s you MUST protect the deposit and serve your tenants with the correct documentation within 30 days or face having to pay a fine and the prospect that you cannot use the s21 evict
I am revisiting ITZA in the light of an experience I am enduring concerning some tenants that are inexperienced of rent review. Tenant contention is that an ITZA adopted/agreed for a previous review should be used again for a current review.Unless the ITZA is documented in a binding agreement, th
Basically, what is known as a Calderbank offer is a 'without prejudice;' offer to settle a dispute to avoid the extra costs and associated risks of a full referral.From Calderbank v Calderbank [1976] and originally confined mainly to family property disputes, an offer of settlement made before th
According to research from the NLA, 4 in 10 landlords are either seriously considering forming a limited company or looking into the option in the coming months.Can you - and more importantly should you - set up a company to pay less tax? Heres my complete guide on becoming incorporated.<stron
What heating system should you use in your rental property? Is there a heating system that could solve landlords condensation claims problems?Its one of the most important questions to ask when letting a property for the first time. Whatever system you choose carries implications for the ef
The Residential Landlords Association (RLA) and the National Landlords Association (NLA) have called on the classified online listings service Gumtree to issue clear guidance over possible scams involving bogus letting scams.The warning has been issued to Gumtree by the NLA and the RLA after f
At rent review, the phrase 'going to arbitration' is often bandied about during negotiations as a means for one party to get its own way. Whether or not the parties can agree the rent without involving the dispute resolution procedure, it is common for a represented or experienced party to inv
Investors are targeting the Single-Family Housing (SFH) market as the booming sector aims to help fill the PRS shortfall.
A landlord company has failed in its bid to increase a tenant’s rent by 25% after a First Tier Property Tribunal heard that poor standards would lower the market rent.
The NRLA is hosting free "On Tour" events across England and Wales, offering expert advice on upcoming legislation. The first live Listen Up Landlords podcast will also be recorded to mark the NRLA's fifth anniversary. Details for the annual conference will be announced soon.
More landlords are investing in HMOs as higher mortgage costs prompt them to turn to larger properties with better returns.
A group of disgruntled landlords in Scunthorpe has succeeded in halting its new selective licensing scheme.
A new “crackdown on bad landlords” has been introduced by a London council.
Private tenants are paying £2,195 more on their annual housing costs than in 2022, according to Savills’ latest research.
The controversial Renters' Rights Bill has moved a step closer to Royal Ascent
Tenancies will “change overnight’ once the Renters’ Rights Bill comes into force, Sean Hooker, of the Property Redress Scheme, has warned.
Renters with only the deepest pockets will be getting the keys to what is understood to be the most expensive ever rental home marketed in the UK.
UK letting agents are still receiving nearly double the number of enquiries about each available rental property than they were pre-pandemic.
The Government has revealed more details about how the ‘corporate’ student sector, which competes with traditional landlords for tenants, will be regulated in the future.
A landlord has successfully fought a licensing fine after an Upper Tribunal judge ruled it couldn’t be proved that a fifth tenant was living permanently in his HMO.
A mortgage lending expert has warned that landlord bashing risks pushing out more smaller landlords, creating a vicious circle of fewer available rental properties and higher rents for tenants.
Most landlords’ ignorance of the points-based EPC system means they can sometimes spend more money than necessary on energy efficiency improvements.
A digital platform that enables tenants to pay their rent via their credit or debit card rather than a BACS payment has officially launched in the UK.
Local authorities' now have new powers to auction off leases of vacant commercial units in Britain’s town centres and high streets
Landlords who complained about a missing letting agent have discovered that he had been jailed for assaulting a sex worker.
More money will be spent persuading landlords not to evict tenants as part of a huge cash boost to help prevent homelessness.
More landlords in Wirral could have to pay for a selective licence under plans being drawn up by the local council.
Rents charged for new tenancies across the UK continue to rise as landlords seek to offset higher costs and supply continue to be weak, latest Government data shows.
Councils will be given more power to force landlords to rent out vacant residential properties as part of the government’s English Devolution white paper.
Letting agents have slammed plans to ease licensing rules that will mean local councils can introduce large selective schemes without government approval.
Ealing Council has ramped up its crackdown on rogue landlords with a rigorous programme of HMO inspections.
Local authorities will no longer have to ask the Secretary of State for permission to introduced selective licensing schemes in England and Northern Ireland, it has been revealed.
Economic headwinds are set to shrink purchases in the buy-to-let market by 7% next year to £9 billion, predicts UK Finance.
Landlords in Norwich are chasing thousands of pounds in rent payments from a letting agency which appears to have gone under.
Hundreds of tenants have staged a protest in central London calling for the government to introduce rent controls.
One of the UK’s larger national parks is planning to stop any new homes that are built within it being used as holiday/short lets or second homes.
A crucial task for landlords and agents is to correctly serve statutory notices and other documents
Property experts are pondering what the government might name new tenancies created by the Renters’ Rights Bill.
A district council has come up with a set of exceptional circumstances to help decide when to give the go-ahead to new HMOs.
A landlord in Liverpool has secured £2.3 million to refinance eight student HMOs within the city and unusually has gone public about the deal.
