Tom Entwistle explains how landlords can proceed when faced with outstanding debts at the end of or even during a tenancy.
Private rental prices paid by tenants in the UK rose by 6.1% during the 12 months to October 2023, up from 5.7% during the 12 months to September 2023, ONS data shows.
The Chartered Institute of Environmental Health (CIEH) has told MPs that the Government's looming national property portal for landlords won’t diminish the need for selective licencing.
Landlords using a guaranteed rent scheme can earn £3,600 a year more than by conventional letting, according to one guaranteed rent provider.
Granting landlords and tenants the ability to give the same notice periods would prevent the private rented sector “becoming Airbnb by the back door”, NRLA’s chief executive Ben Beadle has told MPs.
Landlords in Luton claim to have once again persuaded the town’s council to delay its highly controversial additional and selective licencing schemes, the fourth time this has happened in as many years.
More than 20% of short-term lets advertised in London were previously long-term rentals, according to research by property data platform Propalt.
Councils are calling for a widening of the conditions under which tenants can claim rent repayment orders (RROs) as part of the Renters (Reform) Bill.
Letting agents and landlords are benefitting from higher interest rates by reaping more than £80 million this year from billions of pounds’ worth of tenants’ deposits.
A leading student accommodation expert has urged the Government to create a level playing field for the sector within the looming Renters (Reform) Bill or face a perfect storm of rising rents and contracting suipply.
A housing minister appointed just nine months ago by Rishi Sunak has now been asked to stand down during today’s reshuffle triggered by the sacking home Home Secretary Suella Braverman.
A big NE of England council is considering supplementing its landlord-led scheme with selective licensing in large parts of the town.
Landlords are selling more homes than they’re buying, according to Hamptons’ monthly letting index, although the sell-off is slowing down.
Fears that banning section 21 will harm the PRS in England are entirely misplaced, based on contradictory evidence in Scotland, according to The Social Market Foundation (SMF).
As a landlord, you want to ensure your property business is as profitable as possible – and that means minimising your tax liability, so you don’t pay HMRC any more than you need to. Here are some options that can help you do that.
The Landlord and Tenant Act 1954 Part II provides security of tenure to tenants of premises occupied for business purposes, or mixed residential and business purposes. Under the provisions of the 54 Act, it is possible for a lease or tenancy of a property, used for both resid
After a slew of bad news, this week’s headlines come as a welcome relief for landlords looking to sell. The Telegraph reported that despite higher rates and regulatory risks around rentals, a wave of new investors had entered the market, stepping in to take portfolios off landlords’ hands.
A business that rents out properties via Airbnb on behalf of landlords has raised another £1.75 million from investors, taking its total raised since 2016 to £12 million.
With commercial property, rent reviews are generally to the open market rent, but sometimes the rent would be adjusted to the Retail Price Index (RPI). RPI is generally considered more favourable to landlords than CPI or other methodologies.There is no link between open market rent and inflatio
Amongst the thorny issues in the relationship between landlord and tenant is the building insurance premium. Unlike residential property where the landlord has a vested interest in making sure the premium is competitive, because more than likely the premium would not be recoverable from the tenan
Theres recently been a spate of press reports and political wrangling about the existence of Zero-Hour Contracts. This has become something of a hot political issue as we approach a general election, and one surprising development is recent attempts to embroil landlords in the issue, as if the
Traditionally, with commercial (business) leases, a contractual provision within the lease specifies the use, or uses to which a property may be put and the uses which are prohibited.The formal classification of Uses� are set out in the Town and Country Planning (Use Classes) Order 1987 as a
As most Assured Shorthold Tenancies (AST) are by definition, short, there is usually no need for landlords to get involved in processing a rent increase.However, some ASTs run for long periods after the fixed term has ended, i.e., when the tenancy becomes a statutory periodic tenancy, hence there
The ideal for any landlord is for the tenant to have a guarantor and provide a rent deposit. But which is better when the landlord has to choose?The starting point is the status of the tenant. With a tenant that is one person (an individual) the likelihood of that person being of independent fina
When you rent out a property two vital stages in the process are when you check-in your tenants at the start of the tenancy and check-out at the end.Preparation is the key to a trouble free let. When you prepare properly you are carrying out management processes so that nothing is left to chance
Elsewhere on LandlordZONE (at https://www.landlordzone.co.uk/information/what-is-a-section-25-notice" https://www.landlordzone.co.uk/information/what-is-a-section-25-notice and https://www.landlordzone.co.uk/information/what-is-a-section-26-notice-2 ) you can find out about sec
Contrary to popular belief, 'upward-only' rent review does not mean the rent must increase.An 'upward-only' review means that the rent payable after the review to open market rental is agreed or ascertained would not be less than the rent payable before the rent review, even if the open market re
Bank of England warns landlord exodus from rental sector as taxes and policies drive investors away, worsening housing supply crisis.
The future of new rented accommodation in the UK will be developments where all facilities including transport, shops and services including schools are all within 15 minutes of a tenants property, it has been claimed. This comment was made during a https://www.savil
Landlords are calling on the Government to review how they are taxed after new figures reveal the devastating impact higher levies are having on the private rented sector. The National Residential Landlords Association (NRLA) says new research conducted on its behalf by co
Two out of three HMO landlords in Portsmouth plan to call it quits this year, largely prompted by the launch of an additional licensing scheme in September. Portsmouth & District Private Landlords Associations survey found that this would mean a loss of 348 rooms which, e
A Government investigation into damp and mould in the social housing sector has disclosed initial findings which show a significant number of homes in the social sector are affected by this problem. On Thursday (2 February) the Regulator of Social Housing (RSH) published a <a hr
The property industrys Rumble with the Agents charity event is to host its eighth evening of boxing and fund-raising in North London on Thursday 22nd June, it has been announced. <figure id="" class="w-richtext-figure-type- " data-rt-type="" dat
The Bank of England has raised interest rates for the 10th consecutive time as it battles inflation - a move likely to hit thousands of investors with variable rate mortgages and those forced to renew fixed-rate deals. The base rate has gone up by half a percent to 4%, the highe
Englands HMO market has shrunk by more than 21,000 properties in the last two years as local councils ramp up planning rules and licensing schemes. Numbers were down by -2.4% to 489,701 last year, having already seen a -1.7% drop in 2021, according to figures from Octane Capi
The boss of online lettings platform lettingaproperty.com is determined to overcome landlords inertia to switch from using high street agents. Jonathan Daines admits its a challenge as 95% of landlords still use agents, with the ingrained belief that the online process wil
House prices have fallen for the fifth month in a row, with the average property now worth �258,297, almost �4,000 less than in December, reports Nationwide. January saw a -0.6% monthly dip which left prices 3.2% lower than their August peak, while annual house price growth al
If you were due to submit a self-assessment tax return and pay your dues by yesterdays deadline and you missed it you should do so now without delay, otherwise you will face a penalty. Anyone with rental income must submit a self-assessment income tax return, completing the property inco
Landlords are to get their latest outing on the silver screen within the first movie by comedians Vic Reeves and Bob Mortimer, it has been reported. But predictably its not the image many would prefer to see the comedy pair promote. After nearly two decades of dev
A London landlord has been hit with a �9,880 rent repayment order after failing to convince a tribunal that his tenants application was not legal. The landlord admitted that he had held a selective licence which limited occupation to five people from one household but hadn
The number of households becoming https://www.landlordzone.co.uk/news/new-minister-reveals-millions-more-to-fund-prs-support-schemes-for-homeless/" homeless from private rented tenancies in Scotland is now higher than it was pre-pandemic, according to new government data.
Ministers and campaigners who claim that tenants are trapped in a 'broken' private renters sector are wrong, a new independent report commissioned by the NRLA has claimed, highlighting how three quarters of tenants think their rent fair or excellent value for mo
In the latest episode of The Property Cast , now available to https://www.totallandlordinsurance.co.uk/knowledge-centre/investing-in-buy-to-let-2023?utm_source=landlordzone&utm_medium=investment+podcast+article&utm_campaign=landlordzone+january+2023" <st
Peterborough's new selective licensing scheme requires landlords in designated areas to obtain a £908 licence, aiming to improve housing standards.
Landlords with properties in central https://www.landlordzone.co.uk/news/rent-rises-hit-20-in-london-last-year-reports-leading-lettings-agency/" London saw the highest levels of tenant demand across England and Wales in the last quarter of 2022. After falling
Housing Secretary Michael Gove has promised to scrap most leaseholds in England this year. The government will make it much easier for leaseholders in flats to take over their buildings and bring them into common ownership, avoiding high management fees and ground rents. <p
Labour's Lisa Nandy pledges a comprehensive review of the private rented sector, aiming to empower tenants and introduce a new Renters' Charter.
2023 is going to be a challenging year for landlords, so here are a few pointers from experienced landlord, Tom Entwistle, a residential and commercial landlord since the 1970s and founder of LandlordZONE . To read more analysis on what legal and financial
In this episode of The Property Cast, Eddie and Paul are joined by Richard Donnell, Executive Director at Zoopla. Drawing on Zooplas latest data and Richards expertise, the trio explore the most important trends in the housing market, sharing their predictions for buy to let in 2023 a
Students are finding it even harder to find accommodation following a four-year freeze on new HMOs in a leading university city, according to one councillor. The Scottish seaside town of St Andrews stopped approving licences for new HMOs in 2019 in a bid to relieve pressure on t
A rogue landlord who repeatedly abused and intimidated tenants in his unlicenced HMO has been handed a �2,817 rent repayment order. Nasir Ahmed threatened tenants Ebenezer Hagan and Farhan Bashir , even turning
