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Sub-letting Leasehold

Sub-letting Leasehold

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Sub-letting leasehold - I want to rent out my leasehold flat but the managing agent says the freeholder wont allow it. I know that other flats in the block are rented out, so what can I do? Landlords usually prohibit sub-letting to safeguard the interest.Landlords usually prohibit sub-letting

Renting to a 17 year old

Renting to a 17 year old

Information

What are the implications of renting to a 17 year old or someone who is under the age of 18? We have an application from a 17-year old that is keen to rent but Im not sure this would be legal?</h2> Many landlords and housing providers would be concerned and therefore refuse to let to

Rent Review

Rent Review

Information

Question - Rent Review - my landlord is asking for far more rent than I expected on review. Am I obliged to pay this?Answer - Commercial leases are contractual - the parties agree to and are bound by its clauses and that includes rent review provisions.The rent review process is a way of periodic

Re-selling Energy

Re-selling Energy

Information

Re-selling Energy - As a landlord am I able to make a profit by re-selling electricity or gas?</h2>Resale of Gas and ElectricityThe maximum amount that Residential Landlords or resellers� are permitted to charge for gas or electricity is the amount they

Providing a Reference

Providing a Reference

Information

Providing a Reference - I have been asked to provide a reference for one of my tenants who is moving on. What is my legal position in this and am I putting myself at risk if I say he was a bad tenant?</h2> Referencing (seeking verification of a tenants past performance) is an increasi

Misrepresentation

Misrepresentation

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Misrepresentation - We recently rented out our rural cottage to a couple. As they wanted to use their computers I said it was possible to get high-speed broad-band. I thought this would be possible but it seems it is not at this time. The couple are now claiming that I misled them and that

Mail for Previous Tenants

Mail for Previous Tenants

Information

I'm receiving mail for previous tenants and some of them are from debt collectors. Will this get my property black listed and cause problems for my current tenants and myself in the future?</h2> It's fairly common to have mail arriving for months and even years after residents have left,

Long Term AST

Long Term AST

Information

Long Term AST - My prospective tenant has asked for a tenancy term of 6 years. Can I use the usual Assured Shorthold Tenancy agreement for this?</h2> The Assured Shorthold Tenancy is the default tenancy for residential lettings and since October 2010 this applies to rents up to �100,000

How long should accounts be kept

How long should accounts be kept

Information

Question: How long should accounts be kept to satisfy the authorities, things like accounting files, invoices and tax records, as a property landlord?Answer: You must keep your records for 6 years after the tax year to which they apply, whether or not you complete a tax return.It's a good idea, a

Expiry of Section 21 Notice

Expiry of Section 21 Notice

Information

Expiry of Section 21 Notice - I have served a Section 21 (s21) Notice on my tenant but don't wish to start proceedings immediately. Can I wait without the notice expiring?Once a Section 21 notice has been served correctly it continues indefinitely, until such time as the tenancy is ended, either

Covenant and Covenant Strength

Covenant and Covenant Strength

Information

Covenant and Covenant Strength - What is a legal covenant and what is the significance of the terms in relation to rental property and lettings ?</h2>The term covenant can have several meanings and has biblical origins but it is of particulalry significance

10 year lease

10 year lease

Information

2 years ago I purchased a company with a 10 year lease from my ex boss, on a 10 year lease, the lease was set up by a solicitor. After 2 years the business is struggling and is not viable. I feel that my solicitor ill advised me as there was no break clause mentioned. Where do I stand on t

Uncollected Goods

Uncollected Goods

Information

Good Left in the Premises or Uncollected GoodsFrequently, tenants leave goods after their tenancy has concluded or when they have abandon the premises during a tenancy. Uncollected goods and possessions left or abandoned in premises by tenants can pose a real problem for landlords.

Standing Order

Standing Order

Information

<h1 Standing Order</h1>What are Bankers' Standing Orders?</h3><ul <li Standing Orders allow landlords to automate the process of collecting rents</li> <li They safeguard tenants in that the landlord cannot change the payment amount, as is the case with direct debit

Section 8 Procedure

Section 8 Procedure

Information

The Possession Procedure - 1988 Housing ActThe possession procedure under Section 8 of the Housing Acts 1988 &amp; 1996 is known as the Section 8 Route and is available to landlords where the tenant is in breach of one or more terms of

Renting Business Premises

Renting Business Premises

Information

Renting or Leasing Commercial Property Renting commercial property usually represents a major part of the operating costs involved in running any business. If you include surveyor's and solicitor's fees, rent, business rates, insurance,

License Agreement

License Agreement

Information

Types of Tenure: A tenancy gives the tenant a legal interest in the land and property - in effect, legal ownership for the period of the tenancy. Tenancies can take several forms: <ul <li Rent Act or Regulated Tenancies - pre </li> <li

Joint or Single Tenancies

Joint or Single Tenancies

Information

<h1 Joint or Single Shared Tenancies</h1>Shared House (Joint Tenants) or Individual Rooms (Single Tenants)? Where a landlord lets to multiple and usually unrelated tenants there are two main ways of doing this:(1) As a Joint Tenancyng

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Rebel MPs demand ground rents abolished for existing leaseholds

Rebel MPs demand ground rents abolished for existing leaseholds

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A group of 30 Tory MPs have written to the Chancellor Jeremy Hunt warning that they may vote against the Government’s Leasehold and Freehold Reform Bill unless ground rents are abolished for both future and existing leaseholds.

Rent controls 'will undermine investment in PRS' says expert

Rent controls 'will undermine investment in PRS' says expert

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Rent controls will undermine investment in Scotland’s PRS unless there is more long-term certainty, according to one leading lettings expert.

London landlord narrowly avoids refunding tenant £32,000

London landlord narrowly avoids refunding tenant £32,000

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A landlord has avoided a £32,000 rent repayment order after a judge ruled his flat was at an address not covered by a licensing scheme, but only just.

Section 21 increasingly being used by landlords to evict as ban looms

Section 21 increasingly being used by landlords to evict as ban looms

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Section 21 evictions reached record highs in 2023, with over 25,000 households facing homelessness, prompting calls for urgent reform.

'Time for bold action with rent controls has come' says mayor hopeful

'Time for bold action with rent controls has come' says mayor hopeful

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The Green Party’s mayoral candidate in London has said she will bring in rent controls saying the time for ‘bold action’ has come.

Landlords promised compensation as huge estate faces bulldozer

Landlords promised compensation as huge estate faces bulldozer

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Landlords have been promised fair compensation by a developer planning to bulldoze scores of homes on one of England’s most deprived housing estates.

Letting agents call for short-lets crackdown in London

Letting agents call for short-lets crackdown in London

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Propertymark has urged London’s Mayor to crack down on short-term lets through licensing in a bid to tackle over-supply in the capital.

Struggling HMO giant sells off more properties

Struggling HMO giant sells off more properties

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Troubled property development company Home Holdings has put another raft of HMOs onto the market in a bid to shore up losses.

Osborne's 3% extra stamp duty is reason for BTL buying slump

Osborne's 3% extra stamp duty is reason for BTL buying slump

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The decision by George Osborne in 2015 to introduce a 3% additional stamp duty levy on landlords has seen a slump in the number of BTL properties bought in the Tory heartlands of Southern England.

Green light for yet another North West licensing scheme

Green light for yet another North West licensing scheme

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Salford has approved a selective licensing scheme for parts of Broughton, Kersal, and Broughton Park.

Confident landlords gamble on rates taking a dip

Confident landlords gamble on rates taking a dip

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A growing number of landlords are showing more interest in two-year fixes and tracker options when remortgaging.

AI tool helps landlords make sound and speedy investments

AI tool helps landlords make sound and speedy investments

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A new AI tool combines financial modelling and local market intelligence to give BTL landlords a smarter way to invest.

Commercial landlords funded to help revive town centres

Commercial landlords funded to help revive town centres

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Broxtowe Council has become the first local authority in England to formally serve a High Street Rental Auction notice.

Landlords urged to avoid evictions by using free advice service

Landlords urged to avoid evictions by using free advice service

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Landlords in Croydon have been encouraged to use an early-intervention service before asking tenants to move out.

Essex council to hit landlords with selective licensing in new year

Essex council to hit landlords with selective licensing in new year

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Thurrock landlords have failed to persuade the council that a scheme is unnecessary and too expensive.

Drop in house price and rent growth could affect landlord profits as experts warn: it’s time to sell

Drop in house price and rent growth could affect landlord profits as experts warn: it’s time to sell

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Falling house prices, slower rent growth, and rising costs are driving landlords to sell. Now could be the best time to exit before the market weakens

Condensation and mould: why landlords can’t afford to ignore Awaab’s Law

Condensation and mould: why landlords can’t afford to ignore Awaab’s Law

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Awaab’s law is coming - the full force of the law regarding condensation and mould will affect private landlords

Landlords warned to resist pressure from 'wily' tenants in arrears

Landlords warned to resist pressure from 'wily' tenants in arrears

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A benefits expert has urged landlords not to succumb to tenants’ demands to pay them off after building up rent arrears.

Welsh councils get the go-ahead for new tourism charge

Welsh councils get the go-ahead for new tourism charge

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Holiday-let landlords will have to register their properties and collect a £1.30 per-person, per-night fee from guests.

Collaboration lets landlords access online repair platform

Collaboration lets landlords access online repair platform

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mydeposits and Fiixit have teamed up to help landlords streamline property repairs and build better relationships with tenants.

LATEST: Bank of England holds base interest rate at 4%

LATEST: Bank of England holds base interest rate at 4%

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The Bank of England has voted to hold the base rate at 4% as inflationary pressures persist.

Scotland urged to mirror England's new renter protections

Scotland urged to mirror England's new renter protections

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The Scottish Greens have called on the country's government to match protections coming into place in England.

HMO 'stigma' blamed for drastic fall in shared houses

HMO 'stigma' blamed for drastic fall in shared houses

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House share availability has dropped by almost -60% in some parts of England, sparking fears of an HMO landlord exodus.

Date announced for next stage of Renters' Rights Bill

Date announced for next stage of Renters' Rights Bill

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The Renters’ Rights Bill will be back in the House of Lords on 14th October for its final stages before becoming law.

Rogue landlord faces ban for renting out grotty home

Rogue landlord faces ban for renting out grotty home

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Landlord Janice Pope was ordered to pay nearly £3,500 after ignoring the threat of legal action.

Rogue agents pay heavy price for flouting payment rules

Rogue agents pay heavy price for flouting payment rules

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Two letting agents have been expelled from The Property Ombudsman after failing to transfer rental payments received from tenants.

Polystyrene Ceiling Tiles

Polystyrene Ceiling Tiles

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Polystyrene Ceiling Tiles - is it legal to have these tiles in the kitchen of a rental property?

Essex town has sights set on selective licensing scheme

Essex town has sights set on selective licensing scheme

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Scores of private landlords in Basildon could have to pay a licence fee if the council goes ahead with a selective licensing scheme.

More than half of landlords plan to buy new properties

More than half of landlords plan to buy new properties

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Nearly 60% of BTL landlords have no intention of selling any properties in the next 12 months.

Renters' Rights Bill expected to become law next month

Renters' Rights Bill expected to become law next month

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The Renters’ Rights Bill isn’t likely to return to Parliament until after the party conferences in mid-October.

Tenant in arson revenge attack against landlord is jailed

Tenant in arson revenge attack against landlord is jailed

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A man who took revenge on his former landlord by setting fire to his garage has been handed a five-year sentence.

Rents rise more slowly than inflation for nine months' straight

Rents rise more slowly than inflation for nine months' straight

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Newly agreed rents in Great Britain fell -0.4% to £1,387 per month in the year to August.

Landlords face new 8% blow as selling rates rise before the Autumn Budget

Landlords face new 8% blow as selling rates rise before the Autumn Budget

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Landlords face fresh 8% blow as property selling rates rise ahead of the Autumn Budget

Labour peer accused of hypocrisy over family's eviction

Labour peer accused of hypocrisy over family's eviction

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Tenants have been ejected from Lord Alli's house - which was then re-let at a higher rent.