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
<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
Land Securities (Landsec), last week reaffirmed its intention to reduce exposure away from office developments towards higher-yielding residential assets
A landlord couple who blamed Lambeth Council’s maladministration of its online application system for their unlicensed HMO have been told to pay £8,748 back to five tenants.
Concerns have been raised in the House of Commons about the impact of new EPC regulations on landlords.
Letting agents have warned that stifling rental home supply in Wales through higher taxes or by landlords passing on costs to tenants could jeopardise the PRS.
Housing and industry groups have warned Scottish First Minister John Swinney against promoting hydrogen boilers to heat homes.
North Herts Council has created a tenants’ charter to set out the rights and responsibilities of tenants, landlords and the council, in a bid to keep private rented homes up to scratch.
Rents are growing at their slowest level for more than three years, but a limited supply of new rental homes will help keep prices high, it has been revealed.
A landlord has been banned from letting property in Edinburgh after he failed to report that he was a registered sex offender.
Discover how women are transforming the property sector on International Women's Day. Read Victoria Valentine's inspiring story from a landlord to estate agency owner, and learn about the impact of female leadership and all-women teams in the traditionally male-dominated property industry.
The rental sector risks being saddled with unworkable reforms unless the Government backs amendments proposed by peers, the NRLA has warned.
An increasing number of properties are being sold by landlords, new databy TwentyEA reveals.
Labour have vowed to make it easier for tenants to rent with pets - The Renters’ Rights Bill will give tenants greater pets rights
Landlord groups continue to have pulling power despite a backdrop of smaller players quitting the market, insists the founder of GB Landlords.
Landlords could charge a premium on HMO rooms by helping to ensure tenants will get on with their housemates, a new survey reveals.
Landbay has become the latest buy-to-let lender to reduce rates in the wake of President Trump’s Liberation Day tariffs.
Properties for sale in England and Wales spend just over a month on the market on average, new data reveals.
LLAS and rent provider Elliot Leigh have teamed up to raise standards and strengthen landlord support in the private rented sector.
Despite the potential to strengthen their rights, younger tenants are often reluctant to support greater regulation in the private rental sector.
Tenant groups raise concerns that peers with property interests are working to delay the Renters’ Rights Bill and push for concessions from the Govern
Rightmove reports that average asking prices have increased by over £5,000 this month, bringing the typical UK listing to £377,182.
Unauthorized subletting is on the rise, leaving landlords exposed to financial loss and legal issues. Tools like Title Guardian can help monitor properties and alert landlords to suspicious activity. Stay informed and protect your investments.
Questions have been raised about whether Trump’s tariffs will be a help or a hindrance to landlords.
Property demand in Bedford set to rise after Universal theme park announcement
The typical price of renting a luxury property edged up marginally at the beginning of this year, new figures suggest.
Commercial to residential conversions are creating lots of new investment opportunities for landlords / developers
Being a landlord means you can sometimes find yourself dealing with challenging tenancy issues.
Renters’ Rights Bill amendments aim to protect landlords’ possession rights
A member of the tenants’ union Acorn has accused landlords of being “subsidised” by public money.
The rental hotspots in England have been revealed, with West Sussex leading the way.
Room rents in London have fallen by 1% in the last year and now average £982 per month, as many tenants opt to live outside the capital.
Landlords and councils need to work together on tackling anti-social behaviour and protecting vulnerable tenants, MPs have been told.
Law firms have reported a significant rise in the number of landlords looking to end rent-to-rent agreements with councils or companies who sublet to local authorities.
Properties with bills included appear to be falling out of favour as cost-of-living rises mean landlords can lose money on them despite the 20% rent premium.
A third of private tenants in Scotland find it hard to pay their rent each month, according to a new poll.
