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How Can I Sell My Rental Property?

How Can I Sell My Rental Property?

Information

Landlords sometimes face a dilemma when they want to sell a rental property, or even a portfolio of their rental properties. Sometimes landlords have no choice but to sell as they are being forced to sell for financial reasons.Residential properties, unlike their commercial counterparts, always s

Assignment of a Residential Tenancy

Assignment of a Residential Tenancy

Information

Assignment is when an existing and ongoing tenancy is transferred from one tenant to another. The person who transfers the tenancy is the assignor� and the person who the tenancy is transferred to is the assignee�.The outgoing tenant transfers his rights and obligations under the tenanc

Basement flats are more secure than houses

Basement flats are more secure than houses

News

Latest Research Suggests Basement Flats Are Safe As HousesBasement flats in West London have been found to be as secure from intruders as other types of apartments, according to research carried by Basement Flats, a newly-launched London publication.The magazine, which features news and informati

What is a Section 26 Notice

What is a Section 26 Notice

Information

Section 26 Notice - My Commercial (Business Tenancy) Lease Agreement is coming to an end soon and my tenant has served on me a Section 26 Notice. What is this and what should I do?Commercial (Business) Tenancies in England & Wales are regulated by the Landlord & Tenant Act 1954 (Part 2).T

Uninhabitable Premises

Uninhabitable Premises

Information

Uninhabitable Premises. My tenanted property is flooded. What are my legal obligations in this situation? Am I obliged to re-house my tenant? Must my tenant continue to pay rent?Landlords are under a general obligation to supply property in tenant able condition for the tenant to i

Tenant Blacklist

Tenant Blacklist

Information

Question: Tenant Blacklists. I've had a very bad experience with a tenant and would like to put him on a black list so that other landlords don't have the same experience that I've had. How do I go about this?Answer: We often get asked this question.Although there have been several attempts by di

Sub-letting Leasehold

Sub-letting Leasehold

Information

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

Polystyrene Ceiling Tiles

Polystyrene Ceiling Tiles

Information

Polystyrene Ceiling Tiles - is it legal to have these tiles in the kitchen of a rental property?</h2> There are currently no regulations specifically banning the use of polystyrene ceiling tiles in existing rented property.However, it is unlikely that local authority fire officers and en

Misrepresentation

Misrepresentation

Information

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

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SW landlords invited to join Paul Shamplina live in Bristol

SW landlords invited to join Paul Shamplina live in Bristol

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News
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Landlords in and around Bristol are invited to join TV star Paul Shamplina this Thursday, 30th May for an educational seminar run by leading estate agency Andrews.

Are you? Half of landlords worried about a Labour government

Are you? Half of landlords worried about a Labour government

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News
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More than 40% of landlords are still undecided about who to vote for in the upcoming general election, while nearly half have concerns over a potential change in government.

Gove quits parliament, but what did he do for landlords?

Gove quits parliament, but what did he do for landlords?

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News
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Michal Gove will leave the Department for Levelling Up, Housing and Communities having seen his Leasehold and Freehold Reform Bill make it onto the statute book.

Landlord banned for three years from renting properties

Landlord banned for three years from renting properties

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News
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A rogue landlord who let his tenant sleep in a bike store and rented out a crumbling property has been banned from letting houses in England for three years.

Tribunal publishes decision in dispute between tenant and agent

Tribunal publishes decision in dispute between tenant and agent

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News
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A letting agent investigated by the BBC following complaints about the management of a student HMO in Salford has lost his appeal against expulsion from his industry’s trade association.

Councils issue record number of HMO licences

Councils issue record number of HMO licences

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News
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An increase in licensing schemes pushed the number of HMO licences issued in England up to a record-breaking 27,177 last year.

Dismay as renting reforms finally hit the buffers

Dismay as renting reforms finally hit the buffers

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News
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The Renters (Reform) Bill has been abandoned and must now go back to the drawing board after years of uncertainty and political wrangling.

South West properties see strongest tenant demand

South West properties see strongest tenant demand

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News
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Eight in 10 landlords are reporting strong levels of tenant demand, Paragon Bank research has revealed.

All for nothing? General election 'death knell for Tories' renting reforms'

All for nothing? General election 'death knell for Tories' renting reforms'

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News
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The Renters (Reform) Bill is almost dead in the water following the announcement of a 4th July general election which probably won’t leave time for it to become law before Parliament is dissolved next Thursday.

TRENDING: Struggling hotels begin converting into HMOs to survive

TRENDING: Struggling hotels begin converting into HMOs to survive

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News
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A woman hoping to convert her 32-bedroom hotel into an HMO after being hit hard by Covid could spark a trend for more owners moving into the private rented sector. Andreani Ahooie, whos run the https://www.longviewhotel.com/" target="_blank" Longv

Warwick University accused of leaving 500 private landlords in the lurch

Warwick University accused of leaving 500 private landlords in the lurch

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News
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Hundreds of landlords face trying to find new tenants for their student HMOs after the University of Warwick ditched its property management scheme. Under its Head Lease Scheme, landlords signed-over their houses to the university for years at a time for guaranteed rent, which

Legal Issue '� is the heating system in a rental property fit for purpose?

Legal Issue '� is the heating system in a rental property fit for purpose?

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News
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Tenants may complain, or as in the following case, the councils inspectors may deem it to be the case, that the system supplied is inadequate for safe living. The Aldford Two LLP v Bristol City Council appeal (2010 Residential Property Tribunal - RTP) against an improveme

Landlords must now issue TWO Section 8 notices to get around 'crazy' eviction rules

Landlords must now issue TWO Section 8 notices to get around 'crazy' eviction rules

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News
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Increasing numbers of landlords are being forced to issue a second Section 8 notice to tenants who have stopped paying their rent as the sector grapples with the crazy evictions rules in place now, it has been claimed. The UKs leading lettings industry trade body ARLA P

Zero to Hero: John Howard - how it all began

Zero to Hero: John Howard - how it all began

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News
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John Howard has had a lot of fingers in different property pies over the past 45 years, working his way up from being the son an estate agent to a major figure within the property industry. As well as being a significant portfolio landlord he is also a developer and consultant,

WARNING! Why many 'guaranteed rent' providers need careful vetting before you commit

WARNING! Why many 'guaranteed rent' providers need careful vetting before you commit

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News
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The lettings market is evolving very fast and with extensive experience in the sector, https://www.martinco.com/" Martin &amp; Co MD Eric Walker - who is also a https://www.theprs.co.uk/" Property Redre

Loudmouth DJ Chris Moyles reveals he's a landlord... whose relaxed about rent arrears!

Loudmouth DJ Chris Moyles reveals he's a landlord... whose relaxed about rent arrears!

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News
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Many landlords may remember noughties loudmouth Radio 1 DJ Chris Moyles for his outspoken rants and the million-pound deal he landed with the BBC. But few will have suspected that Moyles, who these days is much thinner and greyer than his bad-boy days, can now be counted in thei

New landlords must register for self-assessment

New landlords must register for self-assessment

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News
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A little known date in HMRCs tax calendar is not as easily remembered as the 5th of November, a date we never forget, but its the 5th of October; an important date in the tax calendar because its exactly half way through the tax year and it has imp

EXCLUSIVE: Don't let this happen to you, says landlord after losing �40,500 to guaranteed rent scheme

EXCLUSIVE: Don't let this happen to you, says landlord after losing �40,500 to guaranteed rent scheme

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A landlord is fighting to get his money back after two if his HMOs were left in an appalling state after a three-year contract with London-based RHP Properties went disastrously wrong. Gulam Sumar handed over the two six-bedroom houses in Harrow to the Walthamstow company in ear

LATEST: Landlords to face �30,000 fines in radical shake-up for energy efficiency regulations

LATEST: Landlords to face �30,000 fines in radical shake-up for energy efficiency regulations

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News
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Radical new proposals for energy efficiency in the private rented sector could see landlords fined up to £30,000 for not improving their properties and tenants given the ability to claim compensation. The Governments consultation on its energy efficiency regulations sets out

Touchstone: We ask the company's boss why it won't refund very ill student

Touchstone: We ask the company's boss why it won't refund very ill student

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News
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A sick woman fighting to get �13,000 back from Touchstone Education says she feels raped� by her dealings with the property investment training firm. The woman who wants to remain anonymous has appeared in a video on the https://www.youtube.com/watch?v=7BK

Legal Case: Liaw v Sohal '� a question of multiple tenancy deposit fines

Legal Case: Liaw v Sohal '� a question of multiple tenancy deposit fines

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News
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Its important to ensure that the tenancy deposit rules (including service notices) are applied to the letter�, as otherwise a new fine can be added each time a tenancy is renewed when the statutory rules are not followed correctly on the first one. When a tenancy deposit

Working from home is something some tenants may find problematic

Working from home is something some tenants may find problematic

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News
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For a start, there are more people in rented accommodation who do jobs that cant be done at home, but for those that can there are often restrictions. For those lucky enough to be in a position to do their jobs from home there are some real advantages. Cutting out long commut

Shamplina interviews: Nigel Lewis, the man behind the pen at LandlordZONE

Shamplina interviews: Nigel Lewis, the man behind the pen at LandlordZONE

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For the past six months journalist Nigel Lewis has been penning the news articles for LandlordZONE and doing his best to fill the seat of Tom Entwistle. Here Landlord Action's

Grounds For Possession - Section 8

Grounds For Possession - Section 8

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News
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Grounds for Possession - Assured Shorthold TenanciesThe Housing Act 1988 as amended by the Housing Act 1996 lays down certain circumstances (grounds) under which a landlord may successfully apply to court for possession.The grounds for possessio

Property academy' refuses to refund severely ill student �13,000 course costs

Property academy' refuses to refund severely ill student �13,000 course costs

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News
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A woman who paid �13,000 for courses with property investment training firm Touchstone Education&nbsp;is fighting to get her money back after falling ill. The woman who wants to remain anonymous - first paid Touchstone Education �1,000 for an online course and then another

Ground One '� repossession of own residence

Ground One '� repossession of own residence

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People often rent out their home when working abroad or going on extended travel, and they would naturally expect to return to live in their own on return. However, tenants are entitled to security of tenure for their contracted term safe in the knowledge that they can stay in the prope

Quarter Days

Quarter Days

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With high street administrations and missed rent payments becoming commonplace, commercial property quarterly rent payment days are currently being highlighted in the media, with the last one, June 24th just having passed. Understandably, these deadlines are cau

Landlords switching back from short-term to long-term lets

Landlords switching back from short-term to long-term lets

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The Coronavirus has affected all parts of the economy, including rentals, but tourism in particular has been hard hit. It meant that holiday lets came to a complete standstill during lock-down, whereas the traditional long-term lets have been far less affected. Short lets, altho

Newspapers savage investment 'guru' after he tells followers to use Covid loans to buy property

Newspapers savage investment 'guru' after he tells followers to use Covid loans to buy property

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News
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Self-professed millionaire landlord and YouTube property investment guru Paul Smith has been savaged by two national newspapers over the weekend after he suggested to his 12,000+ subscribers that they use the governments bounce back loans to invest in property. The scheme hel

Using a Guarantor: how to minimise your losses if things go wrong.

Using a Guarantor: how to minimise your losses if things go wrong.

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The guarantor is the landlord's insurance policy against tenant default. The guarantor pays the landlord the rent if the tenant defaults, he pays the landlord all his losses, expenses or damages where the tenant fails to carry out his of her full obligations under the lease.This article

Wirral latest council to attack HMOs as 'tomorrow's slums'

Wirral latest council to attack HMOs as 'tomorrow's slums'

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As councils across the UK rail against the spread of HMOs, the NRLA says it's not landlords' fault that there is such high demand for this kind of rental property. </h3>Wirral councillors have railed against HMOs whilerejecting one highly criti

Exclusive: Brighton says new HMO rules will be among the 'toughest in the UK'

Exclusive: Brighton says new HMO rules will be among the 'toughest in the UK'

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After a consultation and a green light from the Secretary of State, the city's new property licensing net is set to get much tighter on June 6th. </h2>Brighton and Hove Council isset to hit landlords with some of the toughest licensing rules in

Can't rent out your property? We'll pay you if you help the homeless, says council

Can't rent out your property? We'll pay you if you help the homeless, says council

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A large local authority in Cumbria is calling on landlords who own empty properties they can't rent out during the Coronavirus crisis to open them up to the council's guaranteed rent scheme, and help homeless people. </h3>Private landlords in C

Renting in 2030 – Deposits

Renting in 2030 – Deposits

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Exploring the future of rental deposits, including lifetime deposit schemes and tenant-managed custodial options, to enhance affordability and flexibility.