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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?

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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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London council plans triple whammy of landlord licensing and regulation

London council plans triple whammy of landlord licensing and regulation

News
News
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Merton Council, which includes the famous Wimbledon lawn tennis centre, is embarking on a big push to license all rented properties and HMOs in the borough as well as limiting the growth of small HMOs. It wants landlords to take part in its new consultation on plans for <strong

PROBE: Landlords complain about rent-to-rent firm as deals go sour

PROBE: Landlords complain about rent-to-rent firm as deals go sour

News
News
Podcast
Opinion
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Information

Complaints from landlords and letting agents have been passed to LandlordZONE about a rent-to-rent provider whose founder is lauded online for raking in up to �12,000 a month. <figure id="" class="w-richtext-figure-type- " data-rt-type="" data-rt-align=""><div><img src="https://uploads-

Autumn Statement latest: Chancellor reveals tax rises for landlords

Autumn Statement latest: Chancellor reveals tax rises for landlords

News
News
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Opinion
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Landlords face higher bills from next year after Chancellor Jeremy Hunt slashed the annual threshold for Capital Gains Tax from �12,300 to �6,000 next year and �3,000 from April 2024. Although a rise in CGT didnt materialise, he followed the Office of Tax Simplification

LATEST: Government has 'broken the PRS' during its war on landlords

LATEST: Government has 'broken the PRS' during its war on landlords

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News
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Landlords have accused the Government of "breaking the private rented sector" with its relentless regulatory and tax policies. The comments have been made by the NRLA, which says that while demand for rented homes is rising as home ownership becomes less affordable, the number o

NEW: Brighton squeezes HMO sector even harder with new policies and guidance

NEW: Brighton squeezes HMO sector even harder with new policies and guidance

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News
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Brighton &amp; Hove Council is squeezing its HMO sector even harder by introducing a tough new set of policies designed to reduce their impact on local communities. Its City Plan Part 2 includes new guidance for those applying for planning permission as well as rules covering bu

Welsh landlords &amp; agents have serious misgivings about longer notice periods

Welsh landlords &amp; agents have serious misgivings about longer notice periods

News
News
Podcast
Opinion
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The way that private rented sector (PRS) landlords operate their properties in Wales is going through one of the biggest changes in decades as the Welsh Government, under its devolved powers, pass and implement the https://www.legislation.gov.uk/anaw/2016/1/contents" target="_blank

Leicester to widen HMO planning restrictions covering 'thousands' of houses

Leicester to widen HMO planning restrictions covering 'thousands' of houses

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News
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Opinion
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Leicester city council councillors are to vote next week on plans to significantly widen local planning laws to clamp down on the spread of HMOs. The measures are to be brought in following a public consultation that finished in January this year. Leicester has had a

Japanese knotweed is a well known menace but bamboo can be worse...

Japanese knotweed is a well known menace but bamboo can be worse...

News
News
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Opinion
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The mention of Japanses knoweed has the effect of putting the fear of God in property owners, but the bamboo plant, which is lesser known, can be even more devastating. Homeowners have been planting bamboo for years in Britain to create an exotic oriental ornamental feature or a

Are you ready for the switch to digital tax submissions?

Are you ready for the switch to digital tax submissions?

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News
Podcast
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The Making Tax Digital initiative (MTD) is a HMRC scheme that aims to modernise income tax accounting and reporting, making the process fully digital. The idea is to improve HMRCs efficiency and reduce costs to the taxpayer by processing business, property and individual tax affairs on-l

Can landlords benefit from President Trump’s Liberation Day tariffs?

Can landlords benefit from President Trump’s Liberation Day tariffs?

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News
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Landlords searching for buy-to-let mortgages could benefit from President Trump’s Liberation Day tariffs, which have sparked a drop in mortgage rates.

Number of build-to-rent homes increases 173% in five years

Number of build-to-rent homes increases 173% in five years

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News
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Opinion
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The number of build-to-rent (BTR) homes in the UK has jumped by 173% in the past five years as investment in the sector hit a record high in 2024.

Scottish Government insists rent controls protect landlords’ property rights

Scottish Government insists rent controls protect landlords’ property rights

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News
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Scottish Government insists rent controls protect landlords’ property rights

Almost half of landlords prefer to buy a doer-upper property

Almost half of landlords prefer to buy a doer-upper property

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News
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Almost half of landlords prefer to buy a doer-upper property, new research has revealed.

Landlords urged to check properties regularly for cannabis farms following two deaths

Landlords urged to check properties regularly for cannabis farms following two deaths

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News
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Landlords in Northumbria have been urged to check their properties regularly for cannabis farms following two deaths as the result of a dangerous drug lab.

Average house price drops £1,575 in March, reveals Halifax data

Average house price drops £1,575 in March, reveals Halifax data

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News
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Opinion
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Information

The average house price of a home in Britain fell 0.5%in March -a drop of £1,575 - putting the average property price at £296,699.

Tax changes stem flow of foreign BTL investors

Tax changes stem flow of foreign BTL investors

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News
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Opinion
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Tax changes have stemmed the flow of overseas house hunters seeking a buy-to-let property or second home in the last five years.

LEGAL landmark case: serving notices on your tenants – get it right first time

LEGAL landmark case: serving notices on your tenants – get it right first time

Information
News
Podcast
Opinion
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Denial of receipt of notices is a recurring theme on the landlord-tenant landscape. This landmark case clarifies matters.

Landlords react to renters’ rights bill shockwaves

Landlords react to renters’ rights bill shockwaves

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News
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Landlords react to Renters’ Rights Bill with fears over impact on property investments.

Trickle vents help prevent damp and mould—great for rental properties

Trickle vents help prevent damp and mould—great for rental properties

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News
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An architect explains why houses are damper and says trickle vents are among the best ways to combat damp and mould ahead of Awaab’s Law

Labour MP reiterates calls for a short-lets registration scheme

Labour MP reiterates calls for a short-lets registration scheme

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News
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A Labour MP has reiterated calls in the House of Commons this week for a short-lets registration scheme.

Tenants prefer speedier repairs over more regulations

Tenants prefer speedier repairs over more regulations

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News
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LRG survey finds tenants prioritise faster repairs over new rental regulations.

Rental stock stagnant for nine years, landlord types shift

Rental stock stagnant for nine years, landlord types shift

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News
Podcast
Opinion
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UK rental stock stagnant at 5.5M since 2016; small landlords exit, while larger, mortgage-free investors dominate, shifting market dynamics.

Landlords need time to adjust to renters’ rights bill

Landlords need time to adjust to renters’ rights bill

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News
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Landlords must be given time to adjust to changes introduced by the Renters' Rights Bill.

Rent hike restrictions lead to tenant challenges

Rent hike restrictions lead to tenant challenges

News
News
Podcast
Opinion
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Information

Temporary restrictions on rent increases in the Scottish private rented sector have led to a more than eightfold increase in renters challenging rent hikes.

NI landlords face hefty fines over new electricity laws

NI landlords face hefty fines over new electricity laws

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News
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Landlords in Northern Ireland face large fines if they don’t comply with electrical safety rules introduced this week.

Trickle vents combat damp in rental properties

Trickle vents combat damp in rental properties

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News
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Tom Entwistle reflects on the Spring Statement which he says was not so much an emergency budget, more an update on the state of the economy with a few tweaks.

Boost in BTL data reflects activity of larger wealthier landlords

Boost in BTL data reflects activity of larger wealthier landlords

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News
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BTL data surge reveals wealthier, larger landlords expanding portfolios amid market recovery.

Average rents in England rise for the third month in a row to £1,213 in March

Average rents in England rise for the third month in a row to £1,213 in March

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News
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The average price of a rental property in England rose for the third month in a row to £1,213 in March, it has been revealed.

London properties offered at historic discounts

London properties offered at historic discounts

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News
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Investors can snap up prime central London properties at historic discounts equivalent to those seen in the early 1990s, according to new research by Savills.

Half of renters lack contents insurance, Monzo claims

Half of renters lack contents insurance, Monzo claims

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News
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Half of private renters either don’t have contents insurance or don’t know what it is, leaving them financially vulnerable to theft, damage, or loss.

Only 2.5% of rented homes affordable for benefit tenants

Only 2.5% of rented homes affordable for benefit tenants

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News
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Only 2.5 % of rented homes in England are affordable for tenants on housing benefit, reveals housing crisis report.

Billionaire landlord ordered to repay £263K for unlicensed HMOs

Billionaire landlord ordered to repay £263K for unlicensed HMOs

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News
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A billionaire landlord has been ordered to repay tenants £263,555 for operating two East London buildings as unlicensed HMOs.

House price growth steady despite stamp duty changes

House price growth steady despite stamp duty changes

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News
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House price growth remained steady last month, but is expected to soften in the coming months as the stamp duty holiday comes to an end.

Third of landlords plan to sell in next year, says Landbay

Third of landlords plan to sell in next year, says Landbay

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News
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More than a third of landlords plan to offload some of their rental properties in the next 12 months, according to a new survey.