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
<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
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
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
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
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
Letting and residential property fully furnished, part-furnished or unfurnished in England & 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
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
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
Running a Successful Bed & Breakfast Guest HouseRunning a successful Bed & 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 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
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 & 199
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
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
The long awaited renting reforms first muted in 2019 will be implemented next year, promises Housing Secretary, Michael Gove MP. Admitting that the Government should have moved more quickly� on these reforms to protect tenants following the Grenfell Tower tragedy, Mr Gove
A landlord battling to evict his nightmare tenants using a Section 8 order is exasperated that county court bailiffs encouraged them to stay put. The Cumbrian-based landlord had been granted a possession order, but his tenants - on bail for alleged drug offences and owing �3,00
The Government has averted a looming crisis in the HMO sector that would have seen many tenants charged individually for council tax, rather than paying a share of the propertys annual bill. As LandlordZONEhttps://www.landlordzone.co.uk/news/exclusive-official-counci
London Renters Union will picket successful estate agents across the capital next week who it blames for pushing up rents to unaffordable levels. Protests are planned in Tower Hamlets, Hackney and Crystal Palace on 3rd December by activists who have taken partic
The Welsh government has given a strong indication that landlords and property owners operating Airbnb holiday homes within its borders are to face a compulsory licensing scheme similar to the Rent Smart Wales scheme for the traditional private rental sector. This follows a parl
Landlords long-standing criticisms of health and safety regulation that tenants are often the cause of problems such as mould or water leaks look set to be addressed in new government guidance. Councils inspecting rented properties will be formally instructed to exami
Housing Secretary Michael Gove has ordered council bosses to prove they are assessing and improving damp and mould problems in the PRS. Following the death of toddler Awaab Ishak as a direct result of mould in his family home, Gove says theres an urgent need to ensure a decen
The tragedy of the death of two-year-old Awaab Ishak in a Rochdale social housing flat rests heavily on the minds of landlords across the country: could this happen in one of my own properties they might well ask? The answer is probably, yes it easily could. In a winter with ris
A Japanese knotweed infestation caused homeowner Charron Ishmael to take her neighbour, retired NHS consultant Dr Sheila Clark, to court over a dispute about the plant. Charron Ishmael was selling her property but because of the presence of the invasive plant in her neighbour
More than a third of landlords plan to offload some of their rental properties in the next 12 months, according to a new survey.
Letting agents have urged Scottish lawmakers not to repeat the mistake of restricting rents that has ultimately increased costs for tenants.
Almost £13million a week was raised in property taxes for the Scottish Government, new analysis has revealed.
Landlords warn that the Renters' Rights Bill could drive student rents higher.
Landlords could face a hike in Capital Gains Tax (CGT) if the economy dips before the Autumn Budget, the Institute of Fiscal Studies (IFS) has warned.
Making Tax Digital rules expand—what landlords need to know before mandatory compliance arrives.
A letting agent ensures compliance with the Renters' Rights Bill and simplifies property management.
Landlords searching for a new deal will find the choice of buy-to-let mortgages has hit a record high, with 3,860 products available.
NRLA says Spring Statement failed to address the escalating UK rental crisis.
Landlords are profiting by selling before the Renters' Rights Bill, then reinvesting in post-Bill bargains.
The Government has started to “bring landlords into line”, but more needs to be done to tackle the pressures in the private rented sector, a Labour MP has suggested.
One in five renters has borrowed money that needs to be paid back for their five-week cash deposit, putting them in a precarious financial position before moving in.
Landlords struggling with “needlessly complex” HMO licence renewal applications are fed up and selling up, according to Portsmouth & District Landlords Association (PDPLA).
The search is on for Landlord of the Year as part of this year’s LIS (Landlord Investment Show) Awards.
Landlords will have to use the new Making Tax Digital for Income Tax Self-Assessment system, the Chancellor has confirmed.
The Spring Statement proved a missed opportunity for landlords and stamp duty, it has been suggested.
Tenants have been warned to know their rights following Chancellor Rachel Reeves’ announcement of a £2billion investment in 18,000 new social and affordable homes.
Scottish landlords advised to balance rent increases with potential void periods post-cap removal; market conditions and tenant challenges considered.
Concerns about whether new planning reforms go far enough to address the country’s housing shortage have been raised by estate agents.
Homelessness charities are requesting amendments to the Renters’ Rights Bill that would severely limit landlords’ right to use guarantor agreements
Inflation has dipped, boosting mortgage borrowers’ hopes of more interest rate cuts.
Average asking rents have risen to £557 a week, new Foxton figures have revealed.
Many flat sales are stalling due to a lack of meaningful progress on unsafe cladding repairs, estate agents have warned.
Landlords are being invited to a “five-star training day” to help them navigate the biggest changes in the rental market for 30 years.
Investors are targeting the Single-Family Housing (SFH) market as the booming sector aims to help fill the PRS shortfall.
