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
Increasing the energy efficiency of a property is undoubtedly of value - regardless of the election outcome.
Landlords could have to start keeping a digital logbook to demonstrate their compliance with energy efficiency measures.
Green MPs will push for rent controls and tenants’ right to demand energy efficiency improvements if they win more seats in the election.
Property expert Julie Ford has called out tenant union Acorn for suggesting the private rented sector should be greatly reduced.
Utilita Homes urges parties to include retrofit support for landlords in their election manifestos.
Groups representing both tenants and landlords have reacted coolly to the Conservative manifesto which was deemed short on new initiatives.
The British Property Federation has called on the next government to set a bold target of 30,000 new build-to-rent homes a year.
The latest data shows that rent increases have been slowing but tenant demand still outstrips supply
Landlords have been urged to sign a petition calling for the government to play fair when raising energy efficiency standards in the PRS.
Campaign mounted to reverse Labour's strange pet damage insurance omission.
A landlord couple in Nottinghamshire have been given one of this year’s largest fines for operating unsafe rental properties.
With costs increasing, landlords are being forced to contemplate rent increases. If you go down this road you need to be aware and follow the rules.
What does Rushanara Ali’s tale tell us about the current state of landlording, about buy-to-let ethics, evictions and the Renters’ Rights Bill?
Owners of holiday lets in North Wales have been handed huge council tax demands after failing to realise the country’s new occupancy targets were retr
Larger, professional landlords are best placed to take the private rented sector says Sam Humphreys.
More than one in five private rented homes in England would be illegal to rent once proposed changes to the Decent Homes Standard take effect.
After a barrage of criticism over the way she evicted tenants from her property, Rushanar Ali has stepped down.
TV star Paul Shamplina has pointed out the difficult position homeless minister Rushanara Ali has put herself into.
Rogue operator Shamsua Huda has been handed a whopping £33,698 fine for ignoring orders to license his HMO.
Some residential landlords quitting the PRS appear to have moved their investments into the commercial sector, particularly offices.
Monetary Policy Committee decides time is to take the breaks off the economy.
Comments following 12-week consultation show, despite some reservations, HMOs will be counted as one property.
Rats and other vermin can cause endless damage to your property, give you legal nightmares and trash your reputation as a responsible landlord
Landlord Fergus Wilson has rejected his label as the ‘most hated landlord’ in Britain and insists his policy of vetting tenants has always been fair.
Landlords and letting agents now face substantial fines if they don't check prospective tenants' identities before they move in.
Letting agents have warned that the Renters’ Rights Bill could gut the private rental sector of one- and two-property landlords.
HMO landlords are increasingly advertising rooms to rent way in advance of tenants moving out, new research shows.
Landlords are cashing out fast as demand from first-time buyers spikes. Freehold homes are hot—now’s the time to sell.
A fed-up landlord has slammed the legal system for unfairly favouring poorly-behaved tenants after a brutal eviction.
Landlords in Eastbourne now need to get planning permission for HMO conversions in parts of the town centre after councillors approved new rules.
Controversial landlord Fergus Wilson faces a £60,000 repair bill after three of his rental properties were turned into cannabis factories.
Landlords who fail to factor in inflation, interest rates, and pressure on household budgets when vetting tenants could end up with rent arrears.
Landlords have been warned by the Government to begin researching available software before tax returns begin to go digital next April.
