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Buying a rental property with a sitting tenant - what do I need to know?

Buying a rental property with a sitting tenant - what do I need to know?

Information

If you buy a rental property with a tenant in place, a sitting tenant�, there are some important issues you need to address.</h4>When a landlord decides to sell a rental property, they have two options: give notice to the tenant and obtain vacant possession before selling, or

Three steps to maximising return on investment!

Three steps to maximising return on investment!

Opinion

Boost your ROI with three proven steps: calculate yields accurately, minimise costs smartly, and stage your property for the best returns.

The results of The Ultimate Landlord Show

The results of The Ultimate Landlord Show

Sponsored

This week saw LandlordZONE's Paul Shamplina join forces with Landlord Sales Agency's David Coughlin in a packed webinar at The Ultimate Landlord Show. The two Landlord hea

Can I increase the rent?

Can I increase the rent?

Information

Its a sensitive time to be talking about increasing the rent, but the time will come when this question needs to be addressed </h4>Most landlords have done their utmost to help their tenants through the pandemic crisis, when they can afford it, but as the

The number of homeowners taking in lodgers triples over 10 years

The number of homeowners taking in lodgers triples over 10 years

News

Research into the value of the tax relief claimed using the Rent a Room scheme shows huge take-up. </h4>Since 2009, the total value of relief declared as a result of the governments Rent-a-Room Scheme has increased by 187%, according to the latest availabl

Tickets going fast as Paul Shamplina joins Landlord Sales Agency’s David Coughlin for the first time in The Ultimate Landlord Show

Tickets going fast as Paul Shamplina joins Landlord Sales Agency’s David Coughlin for the first time in The Ultimate Landlord Show

Sponsored

It's the upcoming online event that's got everyone talking, and with just days to

Labour launches all-out assault on government's private rented sector policies

Labour launches all-out assault on government's private rented sector policies

News

New shadow housing minister Lucy Powell has taken aim at the governments failure to protect renters, leaseholders, first-time buyers and local communities, in her maiden speech in the role. During a debate on affordable and safe housing, she told the Commons that its housing

Deposit warning: Landlord narrowly avoids �83,760 fine after failing to protect

Deposit warning: Landlord narrowly avoids �83,760 fine after failing to protect

News

Given that the deposit protection rules were introduced in 2004, most landlords are aware of them by now, but people still fall foul of the rules, says Tom Entwistle. The legislation introduced by the Housing Act 2004 gives tenants and their

Landlord's plea: Why won't police help me evict drug-dealing tenant?

Landlord's plea: Why won't police help me evict drug-dealing tenant?

News

A landlord whos been waiting for a court to hear his application to evict a drug-dealing tenant for more than a year fears his case could be further delayed due to a lack of police co-operation, he has told LandlordZONE . CCTV captured the woman letting

Portfolio Landlords: Now is the time to sell your properties for the best price

Portfolio Landlords: Now is the time to sell your properties for the best price

Opinion

By David Coughlin, CEO, Landlord Sales Agency

How Rick Gannon went from career break to £7m HMO portfolio

How Rick Gannon went from career break to £7m HMO portfolio

News

Rick Gannon became an accidental landlord when his first property was in negative equity and decided to rent it out. Fast-forward a few years and he and wife Lorraine had made a substantial amount on the sale so decided to use the proceeds to buy other properties to rent wit

Salford to begin huge new £1,085-per-property HMO licensing scheme

Salford to begin huge new £1,085-per-property HMO licensing scheme

News

Salford has given the go-ahead to a new licensing scheme for smaller HMOs in response to a rise in safety problems and resident complaints. The scheme covering the entire city - takes effect on 19th July and costs landlords �1,085 to licence shared homes where three or four

Suspended sentence for banned engineer who issued fake Gas Safe certificate

Suspended sentence for banned engineer who issued fake Gas Safe certificate

News

A banned boiler engineer has narrowly avoided jail after producing a fake Gas Safe certificate for a landlord. Jeffrey Lewis, 74, of Ashbourne Road, Cheadle, was asked by a landlord to repair a tenants boiler but failed to tell him he had been banned from carrying out gas wor

Plans to outlaw landlords who refuse to rent to tenants with children

Plans to outlaw landlords who refuse to rent to tenants with children

News

Jersey has launched a consultation over plans to outlaw landlords who refuse to rent to tenants with children. Social security minister deputy Judy Martin hopes to amend the Discrimination Law 2013 to protect families looking for homes on the island, which currently doesnt pr

LATEST: Liverpool begins huge HMO licensing push

LATEST: Liverpool begins huge HMO licensing push

News

Liverpool City Council has clamped down on HMO conversions as it launches a new assault on the private rented sector. Under a new Article 4 direction, any size home in the city centre will need planning permission to be converted into an HMO from 17th</s

BREAKING: Treat Hong Kong arrivals with care when checking Right to Rent, Minister warns

BREAKING: Treat Hong Kong arrivals with care when checking Right to Rent, Minister warns

News

The government appears to have admitted it has concerns about landlords discriminating against the potential influx of Hong Kong residents. Home Office Minister Baroness Williams of Trafford advised landlords to be careful when doing Right to Rent checks on inbound Hong Kong res

Forum Q&A: Early termination fees & invoices explained

Forum Q&A: Early termination fees & invoices explained

Information

Early termination fees and invoice questions answered—your top forum concerns, sorted.

REVEALED: Why not all EPCs are created equally

REVEALED: Why not all EPCs are created equally

News

Getting a good EPC rating is important for rentals to meet the MEES regulations, and in future even higher ratings will be demanded, but this can be a challenge for some landlords� Since October 2008, rental properties in England and Wales have been required to

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Property lawyer reveals novel solution to 'glacial' evictions

Property lawyer reveals novel solution to 'glacial' evictions

News
News
Podcast
Opinion
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Information

Moving landlord and tenant disputes from overburdened county courts to tribunals would help clear the backlog and make evictions faster, according to a senior housing lawyer.

EPC REFORMS: 'Don't pick on landlords', big lenders warn Labour

EPC REFORMS: 'Don't pick on landlords', big lenders warn Labour

News
News
Podcast
Opinion
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Information

UK Finance has urged the government not to single out the private rented sector when updating its EPC framework.

New laws increase demands on landlords, agents

New laws increase demands on landlords, agents

News
News
Podcast
Opinion
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Information

New laws will place extra demands on landlords and letting agents—learn what changes are coming and how to stay compliant.

Manchester warns landlords to 'get licensed' as scheme expands

Manchester warns landlords to 'get licensed' as scheme expands

News
News
Podcast
Opinion
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Information

Manchester has extended selective licensing to another 1,863 rental properties across the city.

Housing minister vows to help tenants 'know their rights'

Housing minister vows to help tenants 'know their rights'

News
News
Podcast
Opinion
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Information

Tenants in Scotland are being targeted by a new campaign that aims to make them aware of their rental rights.

Landlord MP to step down after mouldy homes revealed

Landlord MP to step down after mouldy homes revealed

News
News
Podcast
Opinion
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Information

Jas Athwal, the Labour MP who was shamed for renting out mouldy and unlicensed flats, has stood down as a councillor for Redbridge Council.

DWP 'carefully considering' what to do about High Court rent arrears judgement

DWP 'carefully considering' what to do about High Court rent arrears judgement

News
News
Podcast
Opinion
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Information

DWP is expected to look at reforms that will make it harder for landlords to have money deducted from a tenant's UC benefits to repay arrears.

'Saddened' landlord to sell half her portfolio as reforms loom

'Saddened' landlord to sell half her portfolio as reforms loom

News
News
Podcast
Opinion
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Information

A landlord has revealed how increasing risk and a “lack of joy” has prompted her to start offloading half her portfolio ahead of the Renters’ Rights Bill.

'Careless' portfolio landlord to pay back tenants £10,000

'Careless' portfolio landlord to pay back tenants £10,000

News
News
Podcast
Opinion
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Information

A “lackadaisical” landlord who rented out an unlicensed and cockroach-infested HMO has been told to pay £10,834 back to three tenants.

Exiting tenants' average rent debt jumps by 46%

Exiting tenants' average rent debt jumps by 46%

News
News
Podcast
Opinion
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Information

Rent arrears jumped by 44% to an average of £2,597 during the final three months of 2024, latest year-on-year figures reveal, while on a quarterly basis they increase by 26%.

Sell with tenants? We handle certs, compliance and evictions

Sell with tenants? We handle certs, compliance and evictions

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News
Podcast
Opinion
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Information

Landlords know the score – it’s tough out there and hordes of Landlords are rushing to sell before Section 21 is abolished.

More landlords selling properties than buying, warns NRLA

More landlords selling properties than buying, warns NRLA

News
News
Podcast
Opinion
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Information

New data reveals that 20% of landlords across England and Wales have sold property during the last 12 months, almost three times more than the 7% who had bought new homes to rent.

'Rent arrears set to rise when Labour PRS reforms go live'

'Rent arrears set to rise when Labour PRS reforms go live'

News
News
Podcast
Opinion
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Information

One of the UK’s largest tenant referencing firms has warned that the restrictions to be placed on landlords by the looming Renters’ Rights Bill will push up rent arrears.

EPC changes, what’s coming and what do you need to do?

EPC changes, what’s coming and what do you need to do?

News
News
Podcast
Opinion
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Information

The new Labour Government has been busy changing the rules on EPCs for rentals and there’s ongoing consultation exercises to decide what changes are needed

Repeat offender landlord fined £5,000 over illegal HMO

Repeat offender landlord fined £5,000 over illegal HMO

News
News
Podcast
Opinion
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Information

A landlord has been fined almost £5,000 after being found guilty for a second time of operating an illegal HMO.

Big NE town brings in HMO planning restrictions

Big NE town brings in HMO planning restrictions

News
News
Podcast
Opinion
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Information

Middlesborough Council has brought in new planning restrictions to clamp down on the “wrong sort of HMOs”.

Big city to expand licensing five-fold despite landlord concerns

Big city to expand licensing five-fold despite landlord concerns

News
News
Podcast
Opinion
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Information

Gateshead is to push ahead with new property licensing schemes despite local landlords and letting agents opposing them including 93% saying the fees are ‘too high’.

Is development more attractive than landlording?

Is development more attractive than landlording?

News
News
Podcast
Opinion
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Information

Rental property yields are shrinking as the costs created by more regulations and legislation eat into landlord profits – so is it time more BTL landlords became SME developers?

Tenant group says 'landlords can't be trusted' to regulate themselves

Tenant group says 'landlords can't be trusted' to regulate themselves

News
News
Podcast
Opinion
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Information

Scotland’s tenants’ union has warned that removing rent rise reprotections will lead to an uptick in de facto evictions and homelessness.

Big Kent council latest to offer landlords 'guaranteed rent'

Big Kent council latest to offer landlords 'guaranteed rent'

News
News
Podcast
Opinion
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Information

Maidstone Borough Council has become the latest authority hoping to entice private landlords to hand over their properties in exchange for guaranteed rent.

Landlord to pay £37,000 after running overcrowded illegal HMO

Landlord to pay £37,000 after running overcrowded illegal HMO

News
News
Podcast
Opinion
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Information

A rogue landlord who squeezed six people into one room of his HMO has been told to pay £37,000 in fines and costs.

CLAIM: Labour's 'new towns' will be all about BTR not private landlords

CLAIM: Labour's 'new towns' will be all about BTR not private landlords

News
News
Podcast
Opinion
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Information

The UK’s new towns will favour build-to-rent developers rather than private landlords, according to a think tank which labels them “profit-seeking institutional investors”.

Big London council to bring back selective licensing

Big London council to bring back selective licensing

News
News
Podcast
Opinion
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Information

Croydon has announced plans to bring back its selective licensing scheme after a five-year break.

Lettings agency pays high price for ignoring HMO regulations

Lettings agency pays high price for ignoring HMO regulations

News
News
Podcast
Opinion
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Information

A student housing firm has been told to pay £13,160 for breaching safety regulations at a Salford HMO.

Landlords in-line for a £20bn energy efficiency bill

Landlords in-line for a £20bn energy efficiency bill

News
News
Podcast
Opinion
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Information

Landlords will collectively have to spend more than £20billion making improvements to their rental properties to meet proposed new energy efficiency standards

Developer in hot water after Rightmove offers Premier Inn rooms to rent

Developer in hot water after Rightmove offers Premier Inn rooms to rent

News
News
Podcast
Opinion
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Information

Gravesham Council is looking into a possible planning breach after studio flats were advertised for rent at a disused Premier Inn.

OFFICIAL: Landlords now waiting 25 weeks to evict tenants

OFFICIAL: Landlords now waiting 25 weeks to evict tenants

News
News
Podcast
Opinion
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Information

Landlords are waiting even longer to repossess their properties - up to 25 weeks in the last quarter of 2024.

Students call for TripAdvisor-style reviews for rented student homes

Students call for TripAdvisor-style reviews for rented student homes

News
News
Podcast
Opinion
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Information

Fed-up students in Bristol have launched a campaign to introduce a TripAdvisor style review system for the city’s accommodation.

OFFICIAL: Tenants blame 'lazy landlords' for poor property repairs

OFFICIAL: Tenants blame 'lazy landlords' for poor property repairs

News
News
Podcast
Opinion
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Information

Tenants cite lazy landlords as the main reason for repairs and maintenance not being done in their rental homes.

Campaign group reveals plan to bring in rent controls

Campaign group reveals plan to bring in rent controls

News
News
Podcast
Opinion
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Information

Rents should emulate energy prices, with a cap used to help people pay a fairer price for bills, says Generation Rent.

'Smaller landlords being hit hardest by new regulations'

'Smaller landlords being hit hardest by new regulations'

News
News
Podcast
Opinion
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Information

Landlords with small portfolios are being disproportionately impacted by an increasingly regulated PRS, according to Shadow Housing Minister Kevin Hollinrake.

The LandlordZONE Podcast talks to the UK's leading letting agent

The LandlordZONE Podcast talks to the UK's leading letting agent

Podcast
News
Podcast
Opinion
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Information

We thought it fitting that one of the first people our new The LandlordZONE series talked to should be the current public face of the industry.

Landlords face £15K costs to meet energy targets

Landlords face £15K costs to meet energy targets

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News
Podcast
Opinion
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Information

Stringent new energy efficiency rules could see landlords hit with bills totalling tens of thousands of pounds. James Kent explains more.

EPC upgrade policy is 'unworkable and unrealistic' NRLA tells Labour

EPC upgrade policy is 'unworkable and unrealistic' NRLA tells Labour

News
News
Podcast
Opinion
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Information

The NRLA has urged the government to rethink its “unworkable and unrealistic” energy efficiency plans for the private rented sector.