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TRENDING: Struggling hotels begin converting into HMOs to survive

TRENDING: Struggling hotels begin converting into HMOs to survive

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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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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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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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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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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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The lettings market is evolving very fast and with extensive experience in the sector, https://www.martinco.com/" Martin & 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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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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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

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Labour struggling with house building – quantity as well as quality

Labour struggling with house building – quantity as well as quality

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Angela Rayner’s promise to build 1.5 million new homes this Parliament is looking increasingly optimistic

BTL via Ltd company now most popular route

BTL via Ltd company now most popular route

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Seven out of 10 landlords planning to buy a new rental property during the next 12 months will use a limited company structure, it has been claimed.

Landlord to repay tenants £21,000 after failing to license HMO

Landlord to repay tenants £21,000 after failing to license HMO

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Four tenants have won £21,076 from their landlord who failed to explain why she hadn’t licensed her damp and cold HMO.

Rocketing leasehold charges trapping landlords with unsaleable flats

Rocketing leasehold charges trapping landlords with unsaleable flats

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Many landlords are struggling to sell leasehold flats because management charges have reached astronomical levels with many now forking out £2,000 or more a year.

Housing minister reveals plans to digitise property buying and selling

Housing minister reveals plans to digitise property buying and selling

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Landlords buying or selling homes will soon enjoy a smoother and quicker property transaction process after the Government announced that it is to digitise the system.

Salvation Army joins growing calls for Labour to unfreeze LHA

Salvation Army joins growing calls for Labour to unfreeze LHA

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The Salvation Army has joined calls for the UK government to help prevent homelessness in Scotland by scrapping the planned freeze on Local Housing Allowance (LHA).

Labour to force landlords to achieve EPC band C minimum

Labour to force landlords to achieve EPC band C minimum

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The government has confirmed its plan to force all private landlords to get their rental properties up to an EPC C – from the current EPC E – by 2030.

Renters’ Rights could scupper students’ uni plans

Renters’ Rights could scupper students’ uni plans

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Students from the UK and overseas could miss out on a university education unless the Government makes urgent changes to its Renters’ Rights Bill.

Tenants rescued by inspection officers after ignoring CO alarm

Tenants rescued by inspection officers after ignoring CO alarm

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A Birmingham Council officer has saved the lives of a family of renters during a selective licensing compliance visit.

How long should accounts be kept

How long should accounts be kept

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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

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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

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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

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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

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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

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<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

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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

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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

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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

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<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

Common Law Tenancies

Common Law Tenancies

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These are tenancies that fall outside the scope of the Housing Acts (1988, 1996, 2004), including the Regulated Tenancies, Assured Tenancies (AT) and Assured Shorthold Tenancies ASTs.In the case of a common law residential tenancy , the tenant's rights and obligations are ma

Business Tenancies

Business Tenancies

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What are Business Tenancies ?A tenancy is an "estate in land", granted for a determined period of time (term of years or fixed term - 6 months,1 year, 21 years, 99 years etc) or a specific period (a periodic tenancy - yearly, monthly, weekly, even daily).In return for the "time lim

Gas Safety

Gas Safety

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Landlord's Duty to Ensure Installations are SafeAll Landlords have a common law duty to ensure that gas installations and appliances supplied with their properties are safe. Tenants also have certain legal obligations when it comes to gas safety - see below.I

Gas & Electrical Certificates

Gas & Electrical Certificates

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Landlords' Gas and Electrical Safety Certificates:As a landlord, or as a letting agent acting on the landlord's behalf, you have a legal obligation to ensure that your accommodation is completely safe for your tenants.Several statutory regulations and general common law requirement

Furnished or Unfurnished

Furnished or Unfurnished

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Letting and residential property fully furnished, part-furnished or unfurnished in England &amp; Wales no longer has any implications regarding security of tenure for the tenant or for taxation. However, Council Tax and the 10% Depreciation Allowance may be affected - you don't pay Council Tax du

Fire Certificate

Fire Certificate

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What was the Fire Certificate is no longer required as it was previously under the Fire Precautions Act 1971 for hotels, boarding houses, factories, offices, shops and railway premises. All these premises must comply with Fire Regulations, now covered by t

False Statements By Tenants

False Statements By Tenants

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Ending a residential tenancy on the ground of "false statement by the tenant "The Housing Act 1988 as amended by the Housing Act 1996 makes provision for the possession of residential properties let under Assured and Assured Shorthold Tenancies.However

Bed & Breakfast Business

Bed & Breakfast Business

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Running a Successful Bed &amp; Breakfast Guest HouseRunning a successful Bed &amp; Breakfast Business from the comfort of your own home has many advantages and rewards as far as being self employed is concerned:</

Taking in a Lodger

Taking in a Lodger

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Taking in a LodgerIf you're considering taking a lodger there are some important things to think about first. Most of its common sense, but its a good idea plan carefully and get things right.[list type='3'] <ul <li Taking in Lodgers is a good way to earn extr

Section 8 Notices

Section 8 Notices

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Obtaining Possession Using Section 8 NoticesThis article explains how to gain possession of your residential rental property using the Section 8 procedure.Section 8 is a breach of contract court procedure.There are 17 grounds for possession listed in the Housing Acts 1988 &amp; 199

Get Notice Dates Right

Get Notice Dates Right

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How do I Ensure Notice Dates are Correct?Landlords and letting agents, at various times during a tenancy, may need to serve legal notices on their tenants.It is vital that not only do you complete and serve the notice in such as way that it is valid, but that you can

Section 21 Notices

Section 21 Notices

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Obtaining Possession - Section 21 Notices: This article explains how to gain possession of your residential rental property in the most efficient way. You may just want your property back for your own use, or to sell, or you may be having problems with the tenant, such as re