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Rent Increases with Assured Shorthold Tenancies

Rent Increases with Assured Shorthold Tenancies

Information

As most Assured Shorthold Tenancies (AST) are by definition, short, there is usually no need for landlords to get involved in processing a rent increase.However, some ASTs run for long periods after the fixed term has ended, i.e., when the tenancy becomes a statutory periodic tenancy, hence there

Guarantor or Rent Deposit

Guarantor or Rent Deposit

Information

The ideal for any landlord is for the tenant to have a guarantor and provide a rent deposit. But which is better when the landlord has to choose?The starting point is the status of the tenant. With a tenant that is one person (an individual) the likelihood of that person being of independent fina

Checking Tenants In and Out

Checking Tenants In and Out

Information

When you rent out a property two vital stages in the process are when you check-in your tenants at the start of the tenancy and check-out at the end.Preparation is the key to a trouble free let. When you prepare properly you are carrying out management processes so that nothing is left to chance

s.25 and s.26 notices - the landlord's perspective

s.25 and s.26 notices - the landlord's perspective

Information

Elsewhere on LandlordZONE (at https://www.landlordzone.co.uk/information/what-is-a-section-25-notice" https://www.landlordzone.co.uk/information/what-is-a-section-25-notice and https://www.landlordzone.co.uk/information/what-is-a-section-26-notice-2 ) you can find out about sec

"Upward-only" rent review

"Upward-only" rent review

Information

Contrary to popular belief, 'upward-only' rent review does not mean the rent must increase.An 'upward-only' review means that the rent payable after the review to open market rental is agreed or ascertained would not be less than the rent payable before the rent review, even if the open market re

The Dangers with Section 8 Possession Claims

The Dangers with Section 8 Possession Claims

Information

There are dangers with using the Section 8 possession claims process under the Housing Act 1988 which are not always apparent to landlords and agents.There is always a temptation to use section 8 because the shorter notice period (usually 2 weeks) is much quicker to court than the alternative - s

What is a Section 25 Notice

What is a Section 25 Notice

Information

What is a Section 25 Notice? My business lease is coming to an end and my landlord has served on me a Section 25 Notice.Commercial (Business) Tenancies in England & Wales are regulated by the Landlord & Tenant Act 1954 (Part 2).This means that when the fixed term ends (end of lease) the b

What is a Section 48 Notice?

What is a Section 48 Notice?

Information

Section 48 of the Landlord and Tenant Act 1987 states that landlords of residential tenancies in England and Wales must furnish their tenants with an address in England & Wales at which notices can be served. Failure to do so will mean that any claim for rent, rent arrears or service charges

Fixed-Term or Periodic Tenancy?

Fixed-Term or Periodic Tenancy?

Information

Should landlord insist on renewing fixed term tenancies or allow them to lapse into periodic tenancies?In essence a tenancy is the right to possess and occupy land belonging to another. A tenancy gives the occupier a legal interest in the land for a defined period of time.A relationship of landlo

What is a Section 213 Notice?

What is a Section 213 Notice?

Information

A section 213 notice is a prescribed form notice which must be served on your tenant, or another person, if they provided a deposit for a rental.If you have taken a deposit for an Assured Shorthold Tenancy (AST) in England & Wales (the rules in Scotland & Northern Ireland are similar but

A Check List for Serving a Valid Section 21 Notice

A Check List for Serving a Valid Section 21 Notice

Information

This is a handy check list for use to help you ensure you are serving a valid section 21 notice. Section 21 of the Housing Act 1988 (as amended 1996 & 2004) provides a means of re-gaining possession of a residential property in England & Wales. Other UK jurisdictions are similar but there

Tenant's Notice to Quit

Tenant's Notice to Quit

Information

How can a tenant end a residential tenancy and stay within the law - usually with a Tenant's Notice to Quit?In practice most residential tenancies in England and Wales end (over 90 per cent of them) with tenants giving their landlord notice. These guidelines are based on English law and are not a

Agricultural Tenancies

Agricultural Tenancies

Information

Farm and Land Tenancies Approximately one-third of all agricultural land in England and Wales is covered by agricultural tenancies. Tenancies allow people to farm without being landowners. As agricultural land is expensive, and the acreage now needed to make a viable operati

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

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Tax Returns 'mortgage interest' relief

Tax Returns 'mortgage interest' relief

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Tax Relief: Starting from 6th April 2017, those landlords with mortgages will have tax relief on their buy-to-let mortgage costs gradually reduce over a 4-year period.Many landlords dont have a mortgage (up to 50% it is said), so this change does not affect them, but many

Debt Collection for Landlords

Debt Collection for Landlords

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Rent Arrears: At this time of year, soon after the Christmas spending spree, inevitably rent payments begin to suffer. If you are having problems with rent arrears, this article should help.As in most areas of life,prevention is better than cure . To re

What expenses can I actually claim?

What expenses can I actually claim?

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Tax Return 2016-2017: As a general rule, and as outlined in the previous articles in this series on tax returns, landlords can claim the expenses of running and maintaining their rental properties.If the rent you charge includes additional services like water, or council tax

What is an Allowable Expense?

What is an Allowable Expense?

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Tax Return 2016-17: With some costs its very easy to decide: a repair to a drain, downspout or roof tile are all allowable expenses, but what about replacing a broken single glazed window with a new plastic frame and double glazing, what about decorating and installing a

Penetrating Damp, how to deal with it

Penetrating Damp, how to deal with it

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Penetrating damp, just as its name implies, is where water leaks into a building from outside the structure, through the walls or roof. Less common is where an internal leak from a water or drain pipe leaks into the structure of the building.Common causes of penetrating damp are: <ul <l

Fire Safety in Rented Premises

Fire Safety in Rented Premises

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Fire Regulations in Rentals: There are several regulations relating to fire safety within rental dwellings; some affect all dwellings whereas others apply mainly to Houses in Multiple Occupation (HMO).This looks complicated, but fire safety management in reality boils down t

Rising Damp - how to deal with it

Rising Damp - how to deal with it

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Damp &amp; Mould: You may have seen or heard of the 1970s TV series Rising Damp, which featured a landlord and his tenants (lodgers in this case) which rather implies that all rental properties are troubled with this kind of damp.Far from the case, but some are. In fact the

How Much Should Landlords Spend on Renovating?

How Much Should Landlords Spend on Renovating?

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Renting Standards: Specialist residential property solicitor Amanda Sutcliffe of Bray &amp; Bray looks at the importance of keeping a rental property in good condition.Research conducted by Endsleigh Insurance and TrustMark claimed that over 75% of landlords s

Sub-letting fees should not be more than 40

Sub-letting fees should not be more than 40

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Sub-Letting Licenses: (SOLITAIRE) LIMITED Appellant and CHERRY LILIAN NORTON and other cases [2012]Landlords of leasehold buy-to-let flats are often asked to pay a fee (sub-letting licence or registration fee) to the freeholder when seeking permission to sub-let their flat,

COMMENT: HMRC Spot Checks on Landlords – be prepared for a “Fishing Expedition”

COMMENT: HMRC Spot Checks on Landlords – be prepared for a “Fishing Expedition”

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HMRC spot checks – “fishing expeditions” – what they mean for you and how to be prepared

Big pet charity warns Ministers off rental property pet deposits

Big pet charity warns Ministers off rental property pet deposits

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Battersea Cats and Dogs Home has warned Labour not to allow landlords to demand that tenants take out pet deposits.

BLOG: 'Small landlords are under siege and it won't end well'

BLOG: 'Small landlords are under siege and it won't end well'

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The UK’s private rental sector is undergoing one of the most dramatic shifts in decades and not for the better says leading broker.

Big NW council brings in unusual 'immediate' HMO restrictions

Big NW council brings in unusual 'immediate' HMO restrictions

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Halton council, which includes two big towns outside Liverpool, wants to heavily restrict HMO conversions.

Two thirds of landlords 'unprepared' for renting reform tsunami

Two thirds of landlords 'unprepared' for renting reform tsunami

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Only one in six landlords (16%) are fully prepared for the Renters’ Rights Bill says new poll.

Labour's NI taxation plan for landlords to cost £722 per property

Labour's NI taxation plan for landlords to cost £722 per property

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The true extent of extra cost faced by landlords by the Chancellor's NI plans are revealed.

'Ensuring tenants can pay their rent isn't controversial'

'Ensuring tenants can pay their rent isn't controversial'

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Fergus and Judith Wilson say their reputation isn't justified, and argue that they are good landlords.

Council faces backlash over selective licensing scheme renewal

Council faces backlash over selective licensing scheme renewal

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Private tenants already been warned that rents will rise by £15 a month to pay for new scheme.

Angela Rayner urged by nearly 50 organisations to U-turn on pet damage insurance

Angela Rayner urged by nearly 50 organisations to U-turn on pet damage insurance

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Pet campaigners have written to Angela Rayner in a last-ditch attempt to reinstate landlords’ ability to require pet damage insurance in the Renters’

Council leader attacks 'hard-nosed' landlords over illegal HMOs

Council leader attacks 'hard-nosed' landlords over illegal HMOs

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Essex borough of Basildon reveals huge crackdown on landlords who run unlicensed HMOs.

Small-Scale Build-to-Rent, a hidden gem opportunity for SME landlords

Small-Scale Build-to-Rent, a hidden gem opportunity for SME landlords

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Direction of travel: all the regulatory changes to the private rented sector (PRS) say, it’s go bigger or get out

How have Labour changed the lettings market in one year?

How have Labour changed the lettings market in one year?

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Labour’s first year: Renters' rights up, reforms underway, pace lags promises.

New report reveals shocking facts about UK's rogue landlords

New report reveals shocking facts about UK's rogue landlords

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A major investigation into rogue landlords within he private rented sector has made some shocking claims.

BLOG: 'Renters' Rights Bill will change everything for landlords and tenants'

BLOG: 'Renters' Rights Bill will change everything for landlords and tenants'

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Landlord and tenant dispute specialist explores some of the key issues that the looming Renters' Rights Bill will throw up.

Labour's NI tax raid 'to hit millions of pensions'

Labour's NI tax raid 'to hit millions of pensions'

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Landlords have claimed that HM Treasury plans to charge National Insurance (NI) on rents is a raid on millions of people’s pension

BLOG: 'Any NI raid on rents will hit HMO landlords hardest'

BLOG: 'Any NI raid on rents will hit HMO landlords hardest'

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COHO founder Vann Vogstad says HMO landlords will shoulder a particularly large share of any NI levy on rental income.

Westminster to renew £1,540 licensing scheme for smaller HMOs

Westminster to renew £1,540 licensing scheme for smaller HMOs

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London’s Westminster Council has revealed plans to renew its additional HMO licensing scheme covering many of the borough’s streets.

Plan for landlords to pay NI on rental income revealed

Plan for landlords to pay NI on rental income revealed

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Landlords face paying national insurance on their rental income if plans leaked by HM Treasury this morning make it into the Autumn budget.

Businesses in England face double whammy as business rates are reviewed in 2026

Businesses in England face double whammy as business rates are reviewed in 2026

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There will be an “unavoidable double hit” to property taxation next year when the business rates review combines with rising inflation

South of England council latest to clamp down on smaller HMOs

South of England council latest to clamp down on smaller HMOs

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Spelthorne council to the south of Heathrow Airport has changed it mind on HMO 'threat' following complaints.

Council becomes first in UK to take over a landlord's homes after licensing failures

Council becomes first in UK to take over a landlord's homes after licensing failures

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A landlord in London is the first in the UK to have their properties taken over ‘long-term’ by a council.

Labour's plans to abolish fixed term tenancies 'will destroy student lets'

Labour's plans to abolish fixed term tenancies 'will destroy student lets'

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The Government has been warned that its refusal to give student landlords an exemption from plans to scrap fixed-term tenancies will see the universit

SHOCKING 70% of tenants unaware of Renters' Rights Bill

SHOCKING 70% of tenants unaware of Renters' Rights Bill

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Report shows reforms will have little impact on sector if tenants are largely unaware of their new rights.

New partnership to reduce the stress of moving home for tenants

New partnership to reduce the stress of moving home for tenants

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A new partnership enables landlords' tenants to move into their home more easily, it has been announced.

Plan launched in Scotland to bring in rent caps 'immediately'

Plan launched in Scotland to bring in rent caps 'immediately'

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MSP Maggie Chapman wants an immediate introduction of rent caps to prevent 'brutal' rent rises by 'rogue landlords'.