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Tenancy Deposits, Superstrike and the Deregulation Act

Tenancy Deposits, Superstrike and the Deregulation Act

Information

Test Case: Superstrike Ltd v Marino. RodriguesThe case involved a landlord who had taken a deposit from the tenant before the deposit protection rules came into force in April 2007, since changed by the Deregulation Act 2015 see below. When the tenancy later became a st

Tenant's Liability to Pay Council Tax

Tenant's Liability to Pay Council Tax

Information

Test Case: Leeds City Council v Broadley [2016]This case and the subsequent High Court ruling has brought some clarification about who is liable to pay council tax, tenant or landlord, when a rental property is vacant due to a tenant vacating early, that is, before the tena

Tenant's Notice-to-Quit ' Periodic Tenancies

Tenant's Notice-to-Quit ' Periodic Tenancies

Information

Ending a Tenancy: What are the rules governing the ending of a statutory periodic tenancy (SPT) by the tenant, especially when the periods of the tenancy are not the standard 1 month?The answer to this question is not easily defined as it is not covered by one rule or a sing

mydeposits Issues Deposit Scam Warning

mydeposits Issues Deposit Scam Warning

News

Deposit Scheme Scam: Mydeposits says it is aware of a new scam being used by a fraudulent company imitating mydeposits and targeting landlords and letting agent members of the mydeposits Custodial scheme in England & Wales.The scam uses an email which imitates one from m

Landlords and Agents Reminded about Burst Pipes

Landlords and Agents Reminded about Burst Pipes

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Freezing Pipes: This time of year, as we head towards colder weather and freezing conditions, buy-to-let properties and indeed all rental properties are vulnerable to potentially expensive winter water damageIn this article digital inventory app developer Imfuna Le

Rent-free period

Rent-free period

Information

Guide to commercial tenancy rent-free periods and full repairing leases, explaining tenant obligations on lease expiry or termination.

Safety Standards for Blinds and Curtains

Safety Standards for Blinds and Curtains

Information

Landlords and letting agents should by now be conversant with the 2014 regulations on blinds and curtains and the measures necessary to prevent accidents with children. It is particularly important to ensure that blinds and curtains supplied in rental properties meet these regulations, otherwise,

Repair Reporting Issues and Section 21

Repair Reporting Issues and Section 21

Information

Changes to the law on Section 21 and in particular how landlords deal with reported repair issues is now of crucial importance if section 21 claims for possession are to be successful. Careful pre-planning is now essential at the time of setting-up Assured Shorthold Tenancies (AST).The Section 21

Assessing Covenant Strength

Assessing Covenant Strength

Information

Understand how to assess tenant covenant strength and why it’s key to commercial property investment decisions.

Holding or Pre-Contract Deposits

Holding or Pre-Contract Deposits

Information

I have always found the holding deposit (an initial retainer paid to the landlord or agent to reserve a tenancy) is a very useful device to commit the tenant to your letting. But is it legal to withhold the advance deposit you take from a prospective tenant if they back out?In my experience a pro

Tenancy Deposit Documentation

Tenancy Deposit Documentation

Information

What do I need to do when I protect my tenant/s deposit? If you take a deposit from your tenant/s you MUST protect the deposit and serve your tenants with the correct documentation within 30 days or face having to pay a fine and the prospect that you cannot use the s21 evict

ITZA revisited

ITZA revisited

Information

A clear explanation of ITZA and rent review zoning — why old ITZA measurements may not always apply in new rent reviews.

Dispute Resolution Procedure at Rent Review - Calderbank offer

Dispute Resolution Procedure at Rent Review - Calderbank offer

Information

Learn how a Calderbank offer can help landlords settle disputes and avoid costly rent review referrals.

Should I set up a company to pay less tax?

Should I set up a company to pay less tax?

Information

According to research from the NLA, 4 in 10 landlords are either seriously considering forming a limited company or looking into the option in the coming months.Can you - and more importantly should you - set up a company to pay less tax? Heres my complete guide on becoming incorporated.<stron

What heating system for Rental Property?

What heating system for Rental Property?

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What heating system should you use in your rental property? Is there a heating system that could solve landlords condensation claims problems?Its one of the most important questions to ask when letting a property for the first time. Whatever system you choose carries implications for the ef

Warnings about Gumtree advertised letting scams

Warnings about Gumtree advertised letting scams

News

The Residential Landlords Association (RLA) and the National Landlords Association (NLA) have called on the classified online listings service Gumtree to issue clear guidance over possible scams involving bogus letting scams.The warning has been issued to Gumtree by the NLA and the RLA after f

Dispute Resolution Procedure at Rent Review

Dispute Resolution Procedure at Rent Review

Information

At rent review, the phrase 'going to arbitration' is often bandied about during negotiations as a means for one party to get its own way. Whether or not the parties can agree the rent without involving the dispute resolution procedure, it is common for a represented or experienced party to inv

Government releases 'How to Rent'� guide

Government releases 'How to Rent'� guide

News

From the 1st of October 2015 it became a statutory requirement that landlords issue all new tenants after that date with the latest edition of a Government publication The How to Rent Guide�, along with a current Energy Performance Certificate (EPC) and a current Gas Safety

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Panic selling as landlords fear capital gains tax raid

Panic selling as landlords fear capital gains tax raid

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News
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Chancellor of the Exchequer Rachel Reeves refusing to rule out a swinging increase in capital gains tax (CGT) for landlords

Report shows 11% of tenants paying 60% of their income as rent

Report shows 11% of tenants paying 60% of their income as rent

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News
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A new report based on data from 46,000 renters reveals shocking data on how much they are spending on their rent.

Big boiler manufacturer promises not to repeat 'greenwashing' claims

Big boiler manufacturer promises not to repeat 'greenwashing' claims

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News
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One of the UK’s biggest gas boiler manufacturers used by millions of landlords has promised not to ‘greenwash’ its part-hydrogen fuelled boilers.

How many laws must landlords adhere to, asks legal expert

How many laws must landlords adhere to, asks legal expert

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News
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Law-savvy landlords are being asked to help compile a definitive list of legislation impacting the PRS.

No.10 cat 'backs' mandatory pet damage insurance campaign

No.10 cat 'backs' mandatory pet damage insurance campaign

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News
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Larry the Number 10 cat has backed a charity’s campaign to change the law allowing tenants to keep pets.

Hardship test “bombshell” for landlords

Hardship test “bombshell” for landlords

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News
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Labour’s housing minister Matthew Pennycook is said to be planning a “hardship test”

New minister says transfer from housing benefit to Universal Credit 'smooth' but expert disagrees

New minister says transfer from housing benefit to Universal Credit 'smooth' but expert disagrees

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News
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Claims by the new Department of Work and Pensions (DWP) minister of state Stephen Timms that the transfer of remaining housing benefit claimants to Universal Credit is being done ‘as smoothly as possible’ have been questioned by a leading expert.

Landlord fined £10,000 over failure to do £169 safety check

Landlord fined £10,000 over failure to do £169 safety check

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News
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Booking in a five-yearly Electrical Safety Installation Certificate (ESIC) check for your rented property often seems like one of the plethora of minor tasks on the ‘to do’ list.

Higher BTL repossessions making rental shortage worse says Law Society

Higher BTL repossessions making rental shortage worse says Law Society

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News
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An increase in buy-to-let repossessions is exacerbating the rental supply shortage and leaving evicted families without legal aid needed to fight their case.

The Making Tax Digital net is closing on landlords

The Making Tax Digital net is closing on landlords

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News
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Making Tax Digital rules expand—what landlords need to know before mandatory compliance arrives.

With the RRB on the horizon, is it better to manage your rental yourself or hire an agent?

With the RRB on the horizon, is it better to manage your rental yourself or hire an agent?

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A letting agent ensures compliance with the Renters' Rights Bill and simplifies property management.

Choice of BTL mortgage deals hits record high

Choice of BTL mortgage deals hits record high

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News
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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.

Spring statement fails to address rental crisis, NRLA says

Spring statement fails to address rental crisis, NRLA says

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News
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NRLA says Spring Statement failed to address the escalating UK rental crisis.

Landlords see profits soar from downsizing “loophole”

Landlords see profits soar from downsizing “loophole”

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News
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Landlords are profiting by selling before the Renters' Rights Bill, then reinvesting in post-Bill bargains.

Landlords are being brought "into line” - but more needs to be done to tackle PRS pressures, suggests Labour MP

Landlords are being brought "into line” - but more needs to be done to tackle PRS pressures, suggests Labour MP

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News
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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 tenants borrow money for their deposit

One in five tenants borrow money for their deposit

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News
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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 selling up

Landlords struggling with “needlessly complex” HMO licence renewal applications are selling up

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News
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Landlords struggling with “needlessly complex” HMO licence renewal applications are fed up and selling up, according to Portsmouth & District Landlords Association (PDPLA).

Search for Landlord of the Year begins

Search for Landlord of the Year begins

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News
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The search is on for Landlord of the Year as part of this year’s LIS (Landlord Investment Show) Awards.

Landlords must use new digital tax software, the Chancellor confirms

Landlords must use new digital tax software, the Chancellor confirms

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News
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Landlords will have to use the new Making Tax Digital for Income Tax Self-Assessment system, the Chancellor has confirmed.

Spring statement misses opportunity for landlords

Spring statement misses opportunity for landlords

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News
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The Spring Statement proved a missed opportunity for landlords and stamp duty, it has been suggested.

Tenants warned to know their rights after Chancellor announces more new homes

Tenants warned to know their rights after Chancellor announces more new homes

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News
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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 weigh rent hikes against void risks

Scottish landlords weigh rent hikes against void risks

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News
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Scottish landlords advised to balance rent increases with potential void periods post-cap removal; market conditions and tenant challenges considered.

Concerns raised about whether new planning reforms go far enough to address housing shortage

Concerns raised about whether new planning reforms go far enough to address housing shortage

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News
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Concerns about whether new planning reforms go far enough to address the country’s housing shortage have been raised by estate agents.

Labour pressured to remove guarantor rights for landlords

Labour pressured to remove guarantor rights for landlords

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News
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Homelessness charities are requesting amendments to the Renters’ Rights Bill that would severely limit landlords’ right to use guarantor agreements

Inflation dips to 2.8%, boosting hopes of interest rate cuts

Inflation dips to 2.8%, boosting hopes of interest rate cuts

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News
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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.

Average asking rents have risen to £557 a week, new Foxton figures have revealed.

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Average asking rents have risen to £557 a week, new Foxton figures have revealed.

Flat sales stall amid lack of meaningful progress on unsafe cladding repairs, estate agents warn

Flat sales stall amid lack of meaningful progress on unsafe cladding repairs, estate agents warn

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News
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Many flat sales are stalling due to a lack of meaningful progress on unsafe cladding repairs, estate agents have warned.

Landlords invited to boost business at training day

Landlords invited to boost business at training day

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News
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Landlords are being invited to a “five-star training day” to help them navigate the biggest changes in the rental market for 30 years.

Single-Family Housing market attracts attention amid surge in demand

Single-Family Housing market attracts attention amid surge in demand

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News
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Investors are targeting the Single-Family Housing (SFH) market as the booming sector aims to help fill the PRS shortfall.

Landlord fails in bid to increase tenant’s rent, tribunal rules

Landlord fails in bid to increase tenant’s rent, tribunal rules

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News
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A landlord company has failed in its bid to increase a tenant’s rent by 25% after a First Tier Property Tribunal heard that poor standards would lower the market rent.

NRLA on the road: New events programme to bring the association to you

NRLA on the road: New events programme to bring the association to you

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NRLA launches on-the-road events programme to bring landlord support and training locally.

Landlords turn to HMOs as higher mortgage costs steer them towards larger properties for better returns

Landlords turn to HMOs as higher mortgage costs steer them towards larger properties for better returns

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News
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More landlords are investing in HMOs as higher mortgage costs prompt them to turn to larger properties with better returns.

Landlords' legal action halts licensing scheme

Landlords' legal action halts licensing scheme

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News
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A group of disgruntled landlords in Scunthorpe has succeeded in halting its new selective licensing scheme.

New “crackdown on bad landlords” launched by London council

New “crackdown on bad landlords” launched by London council

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News
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A new “crackdown on bad landlords” has been introduced by a London council.