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
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
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
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, 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 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
Damp & 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
Renting Standards: Specialist residential property solicitor Amanda Sutcliffe of Bray & 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 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,
Validity of Section 21 Notice: Amak Property Investments v Laura Sonny [2016]This case was an appeal by the tenant following a county court judgement relating to the validity of a s21 notice on the basis that the landlord had not complied with the deposit protection (MyDepo
Essential guide to rent reviews: why reading the lease is crucial for landlords and tenants to navigate rent adjustments effectively.
Tenant Agreement: The Law of Property Act 1925 talks about having a maximum of 4 tenants on an agreement. So what to do when you have 5, 6 or more tenants sharing a house?There is a common misunderstanding of the rules here. Landlords and agents sometimes think or have heard
Advance Rent: Piggot v Slaven and Johnson v. OldThere are two important cases which clarify (though not necessarily decisively) the position on landlords accepting rent payments in advance. One concerns the accepting of the final two months rent in advance, a common devi
Following some confusion and debate about a deferral for the new standards following the MEES* deadline in April 2018, the new government has confirmed that changes to the EPC rules, preventing landlords from renting out homes below rating E, will definitely be introduced from April 2018.Accordin
Responsibility for Repairs: Who is responsible and who is obliged to pay for repairs to leasehold blocks and flats? What is the procedure if repairs are unnecessarily delayed or not carried out to the leaseholders satisfaction? What is the Section 20 procedure?T
Essential guide on how to conduct a rent review, covering key clauses and best practices to protect landlord and tenant interests.
Test Case Yeomans v Newell [2016]:When a landlord is in breach of the tenancy deposit rules he or she is prevented from serving a valid s21 notice for possession proceedings. Despite the fact that the tenancy deposit legislation has been in force since April 2007, landlords
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
Traditionally, contracts for buying and selling property always relied on the old English common law principle of caveat emptor, or let the 'buyer beware'. In other words, the seller did not need to reveal material facts (defects) about the property for sale so long as the buyer, with
Tory MPs are urging the government to cut or scrap stamp duty in a bid to save homebuyers thousands although their proposals dont extend to landlords, LandlordZONE can reveal. Kevin Hollinrake, a member of the Treasury select committee and founder of Hunters estate agent,
There are said to be over a million British houses using wood burning stoves. Some of these are in rental properties and owners and tenants will want to be aware of the law changes on wood burning which were introduced this year. You could be penalised if you own or buy a wood-b
Facebook Marketplace has come under fire once more for helping facilitate rental scams, this time during a BBC One Rip-Off Britain investigation aired this morning. The programme highlighted two examples of rental scams, both of whic
A portfolio landlord and property educator has vowed to keep posting on social media despite receiving hundreds of spiteful troll messages every day. Rick Gannon, who has a �7 million portfolio with 140 tenants mainly around Worcester and also runs a training company which teac
Landlords selling up or re-letting is now the biggest cause of homelessness among renters in England and not rising rents. New Department for Levelling Up, Housing and Communities data reveals that 31,090 households were threatened with homelessness be
Oxford has received Secretary of State approval for its controversial new selective licensing scheme covering half the city, after it was first announced in August 2020. All private rented homes (49.3% of the citys housing stock) will need a licence from 1st September. Oxford
A new government consultation aims to study whether its planned Energy Bills Support Scheme (EBSS) will treat all tenants fairly. The scheme, announced in February as part of a package of support to help domestic energy customers with the costs of rising energy bills, starts in
Rent rises should be banned and Section 21 and Section 8 evictions suspended until the cost of living crisis subsides, says tenants advocacy group Generation Rent . The organisation also wants to see landlords banned from requestin
Half of all cases received by Property Redress last year were resolved through early resolution, despite a 20% rise in complaints.
Landlords, sell now before prices drop. Shauna sold 23 properties in 16 days with Landlord Sales Agency. Act fast for the best price.
Hikes in stamp duty rates have failed to dampened landlords’ appetite to buy more properties, a new survey has revealed.
The areas where landlords face the most challenges with deposits have been revealed, with Oxford leading the way.
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.
Acorn has taken aim at private landlords again, this time questioning whether their existence is even necessary.
Government vows to finish the job of ending ‘feudal’ leasehold system in England and Wales
Average rents in England jump 4% in a year to February while voids dropped from 24 to 20 days
Almost three quarters of rental fraud involves young people, official data has revealed.
Carl Bayley is the author of more than twenty ‘Plain English’ TaxCafe published tax guides designed for the layperson and the non-specialist
Court ruling lets tenants challenge rent arrears from Universal Credit, risking landlords avoiding tenants on benefits, expert warns.
Fenland Council has introduced an immediate Article 4 Direction before its consultation in a bid to clamp down on burgeoning HMOs in Wisbech.
Landlords in County Durham have had to fork out fines totalling £1.38 million in the three years since selective licensing was introduced.
Peers have tabled amendments to the Renters’ Rights Bill which, if approved, would shape the legislation into a version of the previous Renters’ Reform Bill.
Chancellor urged to boost rental supply or risk losing young talent to housing scarcity.
