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Buying a rental property with a sitting tenant - what do I need to know?

Buying a rental property with a sitting tenant - what do I need to know?

Information

If you buy a rental property with a tenant in place, a sitting tenant�, there are some important issues you need to address.</h4>When a landlord decides to sell a rental property, they have two options: give notice to the tenant and obtain vacant possession before selling, or

Three steps to maximising return on investment!

Three steps to maximising return on investment!

Opinion

Boost your ROI with three proven steps: calculate yields accurately, minimise costs smartly, and stage your property for the best returns.

The results of The Ultimate Landlord Show

The results of The Ultimate Landlord Show

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This week saw LandlordZONE's Paul Shamplina join forces with Landlord Sales Agency's David Coughlin in a packed webinar at The Ultimate Landlord Show. The two Landlord hea

Can I increase the rent?

Can I increase the rent?

Information

Its a sensitive time to be talking about increasing the rent, but the time will come when this question needs to be addressed </h4>Most landlords have done their utmost to help their tenants through the pandemic crisis, when they can afford it, but as the

The number of homeowners taking in lodgers triples over 10 years

The number of homeowners taking in lodgers triples over 10 years

News

Research into the value of the tax relief claimed using the Rent a Room scheme shows huge take-up. </h4>Since 2009, the total value of relief declared as a result of the governments Rent-a-Room Scheme has increased by 187%, according to the latest availabl

Tickets going fast as Paul Shamplina joins Landlord Sales Agency’s David Coughlin for the first time in The Ultimate Landlord Show

Tickets going fast as Paul Shamplina joins Landlord Sales Agency’s David Coughlin for the first time in The Ultimate Landlord Show

Sponsored

It's the upcoming online event that's got everyone talking, and with just days to

Labour launches all-out assault on government's private rented sector policies

Labour launches all-out assault on government's private rented sector policies

News

New shadow housing minister Lucy Powell has taken aim at the governments failure to protect renters, leaseholders, first-time buyers and local communities, in her maiden speech in the role. During a debate on affordable and safe housing, she told the Commons that its housing

Deposit warning: Landlord narrowly avoids �83,760 fine after failing to protect

Deposit warning: Landlord narrowly avoids �83,760 fine after failing to protect

News

Given that the deposit protection rules were introduced in 2004, most landlords are aware of them by now, but people still fall foul of the rules, says Tom Entwistle. The legislation introduced by the Housing Act 2004 gives tenants and their

Landlord's plea: Why won't police help me evict drug-dealing tenant?

Landlord's plea: Why won't police help me evict drug-dealing tenant?

News

A landlord whos been waiting for a court to hear his application to evict a drug-dealing tenant for more than a year fears his case could be further delayed due to a lack of police co-operation, he has told LandlordZONE . CCTV captured the woman letting

Portfolio Landlords: Now is the time to sell your properties for the best price

Portfolio Landlords: Now is the time to sell your properties for the best price

Opinion

By David Coughlin, CEO, Landlord Sales Agency

How Rick Gannon went from career break to £7m HMO portfolio

How Rick Gannon went from career break to £7m HMO portfolio

News

Rick Gannon became an accidental landlord when his first property was in negative equity and decided to rent it out. Fast-forward a few years and he and wife Lorraine had made a substantial amount on the sale so decided to use the proceeds to buy other properties to rent wit

Salford to begin huge new £1,085-per-property HMO licensing scheme

Salford to begin huge new £1,085-per-property HMO licensing scheme

News

Salford has given the go-ahead to a new licensing scheme for smaller HMOs in response to a rise in safety problems and resident complaints. The scheme covering the entire city - takes effect on 19th July and costs landlords �1,085 to licence shared homes where three or four

Suspended sentence for banned engineer who issued fake Gas Safe certificate

Suspended sentence for banned engineer who issued fake Gas Safe certificate

News

A banned boiler engineer has narrowly avoided jail after producing a fake Gas Safe certificate for a landlord. Jeffrey Lewis, 74, of Ashbourne Road, Cheadle, was asked by a landlord to repair a tenants boiler but failed to tell him he had been banned from carrying out gas wor

Plans to outlaw landlords who refuse to rent to tenants with children

Plans to outlaw landlords who refuse to rent to tenants with children

News

Jersey has launched a consultation over plans to outlaw landlords who refuse to rent to tenants with children. Social security minister deputy Judy Martin hopes to amend the Discrimination Law 2013 to protect families looking for homes on the island, which currently doesnt pr

LATEST: Liverpool begins huge HMO licensing push

LATEST: Liverpool begins huge HMO licensing push

News

Liverpool City Council has clamped down on HMO conversions as it launches a new assault on the private rented sector. Under a new Article 4 direction, any size home in the city centre will need planning permission to be converted into an HMO from 17th</s

BREAKING: Treat Hong Kong arrivals with care when checking Right to Rent, Minister warns

BREAKING: Treat Hong Kong arrivals with care when checking Right to Rent, Minister warns

News

The government appears to have admitted it has concerns about landlords discriminating against the potential influx of Hong Kong residents. Home Office Minister Baroness Williams of Trafford advised landlords to be careful when doing Right to Rent checks on inbound Hong Kong res

Forum Q&A: Early termination fees & invoices explained

Forum Q&A: Early termination fees & invoices explained

Information

Early termination fees and invoice questions answered—your top forum concerns, sorted.

REVEALED: Why not all EPCs are created equally

REVEALED: Why not all EPCs are created equally

News

Getting a good EPC rating is important for rentals to meet the MEES regulations, and in future even higher ratings will be demanded, but this can be a challenge for some landlords� Since October 2008, rental properties in England and Wales have been required to

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AGENT: Landlords 'must support local communities and provide for social tenants'

AGENT: Landlords 'must support local communities and provide for social tenants'

Opinion
News
Podcast
Opinion
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A leading property management firm has called on private landlords to support the social tenant sector following yesterday's report from London Councils tha

Bristol reveals big expansion in landlord property licencing across city

Bristol reveals big expansion in landlord property licencing across city

News
News
Podcast
Opinion
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All Bristol landlords could soon have to licence small HMOs, while those in the Bishopston and Ashley Down, Cotham, and Easton wards are bracing themselves for a proposed sele

Landlords leave temporary accommodation market as private rents soar

Landlords leave temporary accommodation market as private rents soar

News
News
Podcast
Opinion
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An unintended consequence of the Government's crackdown on the private rented sector has been revealed as councils across London report more landlords withdrawing from the t

Gove to speak at landlord conference - but will he reveal all about his reforms?

Gove to speak at landlord conference - but will he reveal all about his reforms?

News
News
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Landlords hope housing secretary Michael Gove will update them on the Renters Reform Bill when he takes top billing at the NRLA's national conference later

Focussing on Build to Rent and sidelining landlords 'wrong' experts tell Govt

Focussing on Build to Rent and sidelining landlords 'wrong' experts tell Govt

News
News
Podcast
Opinion
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A raft of mortgage brokers and financial experts have criticised the Government's focus on the build-to-rent (BTR) sector and its policies which sezek to side-line traditional

London police get lessons in protecting tenants' rights

London police get lessons in protecting tenants' rights

News
News
Podcast
Opinion
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The Met Police has issued new guidance for frontline officers around <a href="https://newsarchive.landlordzone.co.uk/news/illegal-evictions-increasing-dramatically-says-leadin

MARKET: Are 'resident clubs' an answer to our rental housing shortage?

MARKET: Are 'resident clubs' an answer to our rental housing shortage?

News
News
Podcast
Opinion
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Renters looking to live in the capital can sign up for a new alternative renting concept that blurs the lines between traditional hotels,&nbsp;serviced apartments and private

Will serviced office companies survive?

Will serviced office companies survive?

Information
News
Podcast
Opinion
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Serviced offices one would surmise, offer the ideal solution in a post-Covid world. Mainstream office investments are struggling in a world where a good proportion of most com

Official probe into 'zero deposit' schemes to see if they're unfair to landlords

Official probe into 'zero deposit' schemes to see if they're unfair to landlords

News
News
Podcast
Opinion
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<a href="https://www.gov.uk/government/news/cma-update-on-work-in-housing-sector">The Competition and Markets Authority</a> (CMA) is to dig deeper into zero deposit schemes an

LATEST: Greens say 'immediate' rent freeze is only answer to housing crisis

LATEST: Greens say 'immediate' rent freeze is only answer to housing crisis

News
News
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Landlords wanting to back the eco movement may want to pause for thought after the Green Party today vowed to bring in an immediate rent freeze and no-fault eviction ban to tackle the housing crisis. During an election campaign visit to Suffolk, party co-leaders Carla Denyer and

Landlord jailed after ignoring court order to improve rat-infested property

Landlord jailed after ignoring court order to improve rat-infested property

News
News
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Opinion
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A rogue landlord has been jailed for 10 months after he failed to comply with conditions set by a court concerning his rat-infested property. Martin Ambler admitted four counts of breaching a criminal behaviour order in May 2022 but sentencing was deferred so that he could instr

Have you been hit by the 'cost of landlording' crisis? Here's some help

Have you been hit by the 'cost of landlording' crisis? Here's some help

News
News
Podcast
Opinion
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There is a lot of talk at the moment about how rents are up by 11% across the UK and although I know its tough on renters, landlord costs have, in many cases, doubled. This includes mortgage premium payments following interest rates rises from 0.5% to 4% in just 12 months, an

Tory think-tank and Shelter push for three-year tenancies for PRS

Tory think-tank and Shelter push for three-year tenancies for PRS

News
News
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The government should introduce three-year tenancies to protect tenants from uncertainty and rising rents, according to a liberal conservative think tank report. The Bright Blue group has teamed up with Shelter to publish, <strong id

NEW: Coalition slams Scots Government over rent cap and evictions freeze

NEW: Coalition slams Scots Government over rent cap and evictions freeze

News
News
Podcast
Opinion
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Landlords have heavily criticised the Scottish governments decision to implement its evictions freeze and rent cap without a proper consultation. The measures, which were widely criticised earlier this year for being rushed through, are now being fought by a coalition of orga

Mortgage provider sets up £50 million fund to help landlords upgrade EPCs

Mortgage provider sets up £50 million fund to help landlords upgrade EPCs

News
News
Podcast
Opinion
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Information

A BTL mortgage provider has pledged to invest £50 million in a fund to help landlords enhance their property's energy efficiency.

'Letting agents must help landlords navigate looming renting reforms'

'Letting agents must help landlords navigate looming renting reforms'

News
News
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Evictions expert Paul Shamplina warns landlords and letting agents of increased responsibilities under the Renters Reform Act.

Long‑term Airbnb lets treated like ASTs, rules judge

Long‑term Airbnb lets treated like ASTs, rules judge

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News
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Airbnb landlord Talha Abbasi faces £102,000 court bill after judge classifies long-term let as assured shorthold tenancy, granting tenant protections.

Labour MP tells TV show that Section 21 evictions wrong in all circumstances

Labour MP tells TV show that Section 21 evictions wrong in all circumstances

News
News
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Labour MP Diane Abbott has told TV viewers that bad landlords are those who use Section 21 to evict their tenants, whatever the reason. Despite there being genuine reasons for using the notice, such as non-paying tenants or anti-social behaviour, the London MP appeared on <a hre

DEPOSITS: Five weeks' rent 'not enough in many rent arrears and damage cases'

DEPOSITS: Five weeks' rent 'not enough in many rent arrears and damage cases'

News
News
Podcast
Opinion
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Information

New research reveals that deposits of five weeks rent dont provide landlords with enough protection in more than 10% of cases. Alternative deposit firm Reposit studied 20,000 tenancy agreements dating back to 2016 and found that landlords needed to r

BREAKING: 'London landlord and agent fines on track to hit record high this year'

BREAKING: 'London landlord and agent fines on track to hit record high this year'

News
News
Podcast
Opinion
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This year London is on track to see the highest level of fines levied against rogue landlords and letting agents, it has been revealed as more and more councils begin operating licencing schemes. Geospatial compliance platform Kamma says it expects to see a 50% increase in enfor

TAX: New rates rules for holiday rental properties go live

TAX: New rates rules for holiday rental properties go live

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News
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Opinion
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New rules on holiday lets in England and Wales have taken effect which could force many owners to pay council tax instead of business rates. Self-catering properties in England must now be available for letting commercially for short periods of 140 nights

'Sickened' landlord slams Scots eviction ban after tenants trash home

'Sickened' landlord slams Scots eviction ban after tenants trash home

News
News
Podcast
Opinion
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A landlord has warned others to make more regular checks on their rental properties after falling foul of Scotlands ongoing https://www.landlordzone.co.uk/news/vote-rent-rises-in-scotland-to-be-capped-at-3-until-october-msps-agree/" target="_blank" eviction b

UK rents hit record high amid soaring tenant demand

UK rents hit record high amid soaring tenant demand

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News
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Information

Record high rental demand sends average UK rent to £993 pcm (ex‑London) and £1,184 pcm including London, HomeLet reveals. Sources

LATEST: Ministers consider forcing landlords to rent out empty shops

LATEST: Ministers consider forcing landlords to rent out empty shops

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News
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Landlords are being asked for their views on plans to forcibly rent out persistently vacant commercial properties to new tenants in a bid to rejuvenate high streets.&nbsp; High Street Rental Auctions - a new power for local authorities in England - is part

Landlord faces jail if he abuses tenant - his MOTHER - again!

Landlord faces jail if he abuses tenant - his MOTHER - again!

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News
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Opinion
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The landlord of a retirement flat faces jail if he contravenes a court order not to visit the property or engage in abusive, insulting and intimidating behaviour likely to cause harassment, alarm or distress�. During a hearing at Sheffield Crown Court, Judge Sadiq told land

Northern Ireland unveils radical affordable PRS scheme for landlords

Northern Ireland unveils radical affordable PRS scheme for landlords

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News
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Northern Ireland has unveiled a radical new type of private rented housing that aims to provide more high quality, affordable homes in the region. Intermediate rent is not social housing but will offer rents set at a level below the open private rented market, while renters will

Lenders blame LHA freeze as landlords fall into arrears

Lenders blame LHA freeze as landlords fall into arrears

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News
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UK Finance links LHA freeze to rising landlord mortgage arrears, urging policy review to prevent further financial strain on landlords.

Comment: will landlords really evict anti-social tenants in two weeks?

Comment: will landlords really evict anti-social tenants in two weeks?

News
News
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Renters at risk under plans to let landlords evict tenants with two weeks notice,� says one headline. Yes, it kind of implies that tenants will be summarily evicted, I thought so when I first read it. As the recent press reports would have us believe, but this is not going

Ringleaders of shocking illegal HMO property gang fined �434,000

Ringleaders of shocking illegal HMO property gang fined �434,000

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News
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The activities of a huge HMO renting scam gang has been uncovered following a four-year investigation, with the five key individuals and three companies involved fined a total of �434,000. Following an investigation by West Northamptonshire Councils Private Sector Housing Te

'Revenge evictions' following tenant repair requests still common, says Shelter

'Revenge evictions' following tenant repair requests still common, says Shelter

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News
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Private renters who complained to their landlord, letting agent or local council in the last three years were two and a half times (159%) more likely to be handed an eviction notice than those who kept quiet. New research from Shelter compiled by YouGov using online survey r

Landlord and her letting agency to pay HUGE fine over illegal HMO

Landlord and her letting agency to pay HUGE fine over illegal HMO

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News
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A landlord and her letting agency have together been fined more than �45,000 for illegally running an HMO. Barking and Dagenham Councils private sector housing team first discovered that professional landlord Husna Patel had not applied for, or been gr

In-house inventory services offered by letting agencies 'lack transparency' - claim

In-house inventory services offered by letting agencies 'lack transparency' - claim

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News
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Property firms using their own inventory services are undermining the sectors integrity, according to the Association of Independent Inventory Clerks. It wants the government to include measures in the Renters Reform Bill to guarantee more transparency

BLOG: Six tax changes affecting private landlords this year

BLOG: Six tax changes affecting private landlords this year

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News
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The Government has made several changes to how income and profits are taxed in recent years and some of these will take effect from the new tax year on 6th April, with higher earners and those letting via a limited company most affected. Heres the six changes

Up to 25% of us don't have a passport and that's a problem for landlords, says ID firm

Up to 25% of us don't have a passport and that's a problem for landlords, says ID firm

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News
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More than a quarter of people in some local communities dont have a passport, raising questions about their ability to pass Right to Rent checks. Research by digital identity firm, https://www.idcrypt.global/" target="_blank" ID Crypt Global, reveals that 1