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 - 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 - 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
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
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.
<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
The Possession Procedure - 1988 Housing ActThe possession procedure under Section 8 of the Housing Acts 1988 & 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 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,
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
Lawyer David Smith looks at several clauses within the Act which appear to mandate local authorities to bring all errant landlords to book.
New EPC rules in Scotland will worsen the housing crisis and force people to spend longer in emergency homeless accommodation
Big landlords believe tenants are willing to pay more for green features amid a growing recognition that sustainability sells.
Shocking behaviour by a landlord has prompted withering comments from a judge and a huge fine.
The next stage of the Renters’ Rights Bill has been scheduled for 1st July, raising the prospect that it could become law before parliamentary summer recess.
Lloyds has taken the next step towards becoming one of the UK’s biggest private landlords.
The relentless decline in the volume of new landlord listings shows no signs of abating.
Scottish landlords and agents have a new housing secretary to deal with after incumbent Paul McLennan
The Eastern Landlords Association has condemned comments labelled “unprofessional and disgusting” recorded its annual conference.
Reforms to the private rented sector will make it harder for swathes of students to access university, a coalition of student housing providers and property portals has warned.
A landlord whose tenants were forced to use a drafty bathroom in the garden has been told to pay out more than £14,000.
Three company directors have each been banned for seven years from running companies after 42 investors were misled about the return of £4.13m they had ploughed into a student accommodation development in Derby.
Three quarters of landlords believe the private rented sector has got worse recently and half are planning to quit, the new report has also found.
Lawyers and Tory peers have expressed fears that the Renters’ Rights Bill will be ineffective without further investment in the courts.
Baroness Scott and a handful of other Lords defended landlords during yesterday's debate in parliament, warning Labour that the Renters Rights Bill will reduce supply.
NRLA Training offers key advice to landlords who are preparing to end of a tenancy and regain possession.
Landlords are broadly less confident than they were a year ago, with that confidence significantly shaken by the Renters’ Rights Bill.
Ipswich Council has pointed the figure at HMO landlords for the town’s failure to house more homeless people but is pressing ahead with plans to restrict HMO numbers.
Hostility from politicians is pushing landlords out of the Scottish rental market, new research has found.
A charity boxing event organised by TV star Paul Shamplina is celebrating its ten-year anniversary by revealing two events this year.
Former Labour leader Jeremy Corbyn has warned the government that renter reforms would still allow landlords to make “excessive profits” unless rent controls are introduced.
Councillors in Worcester have agreed to extend the city’s additional licensing scheme for another five years.
A prolific fraudster has admitted scamming numerous would-be tenants out of hundreds of pounds.
The NRLA has warned of potentially devastating consequences for the PRS unless the House of Lords approves new amendments to the Renters’ Rights Bill.
The use of ‘rent in advance’ is widespread among landlords in the UK, the leader of a coalition of tenants’ rights groups has claimed
It’s a mixed picture in the UK property markets - UK rents fall for first time in five years, house sales rise and commercial recovery property stalls
The Royal Institution of Chartered Surveyors (RICS) has urged flat owners to check assessors’ credentials after a fire engineer was sanctioned by the Institution of Fire Engineers for unprofessional conduct.
Letting agents have warned Westminster Council that its plan to ban advertising boards outside landlords' properties borough-wide could cause delays for renters.
Rightmove says the average rent in the UK now eats up 50% of the net income of those living within the private rented sector where the monthly rent per property is now £1,526.
Numbers of non-decent homes and Category 1 hazards in the PRS have fallen in recent years, although problems with damp are on the rise.
The Scottish government’s proposed rent control formula is generous to landlords but would leave tenants vulnerable to unaffordable rent rises, says Generation Rent.
Croydon Council is calling on local residents to report concerns about unauthorised HMOs as it ramps up action against errant landlords.
There is still widespread frustration and bewilderment among landlords and agent that rent controls are the only policy intervention to help tackle affordability in Scotland
