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
Landlord representation in Parliament will be hugely diminished after 50 Tory MPs with residential rental properties either lost their seat in the election or had previously stepped down.
Labour's victory in the general election marks a significant turning point for the private rented sector (PRS). With their ambitious plans for housing reform, it is crucial that the new government addresses the pressing issues facing both landlords and tenants.
Landlords have congratulated Labour on its landslide victory but warned that too much new red tape will make the housing shortage within the private rented sector even worse.
A new poll reveals that 88% of tenants have had problems in rental properties and more than a quarter (26%) were unhappy with their landlord’s response.
A battle between residents and HMO landlords is coming to a head in Liverpool where vacating students’ mess is being dumped on city streets.
The co-living sector grew by 65% in 2023 - nearly 2,500 new beds - and looks set to treble to more than 20,000 beds by 2027.
A growing number of landlords are ending up in mortgage arrears and having their rental properties repossessed.
A top property lawyer is adamant the courts won’t be able to handle a two-fold increase in possession actions when Section 21 is abolished.
An HMO sales firm has launched with the ambitious aim of becoming the sector’s go-to property platform.
NRLA Training offers key advice to landlords who are preparing to end of a tenancy and regain possession.
What do landlords really think about their properties and the laws that affect them? We unpack the latest Total Landlord poll.
Landlords are broadly less confident than they were a year ago, with that confidence significantly shaken by the Renters’ Rights Bill.
Ipswich Council has pointed the figure at HMO landlords for the town’s failure to house more homeless people but is pressing ahead with plans to restrict HMO numbers.
Hostility from politicians is pushing landlords out of the Scottish rental market, new research has found.
A charity boxing event organised by TV star Paul Shamplina is celebrating its ten-year anniversary by revealing two events this year.
Former Labour leader Jeremy Corbyn has warned the government that renter reforms would still allow landlords to make “excessive profits” unless rent controls are introduced.
Councillors in Worcester have agreed to extend the city’s additional licensing scheme for another five years.
A prolific fraudster has admitted scamming numerous would-be tenants out of hundreds of pounds.
The NRLA has warned of potentially devastating consequences for the PRS unless the House of Lords approves new amendments to the Renters’ Rights Bill.
The use of ‘rent in advance’ is widespread among landlords in the UK, the leader of a coalition of tenants’ rights groups has claimed
It’s a mixed picture in the UK property markets - UK rents fall for first time in five years, house sales rise and commercial recovery property stalls
The Royal Institution of Chartered Surveyors (RICS) has urged flat owners to check assessors’ credentials after a fire engineer was sanctioned by the Institution of Fire Engineers for unprofessional conduct.
Letting agents have warned Westminster Council that its plan to ban advertising boards outside landlords' properties borough-wide could cause delays for renters.
Rightmove says the average rent in the UK now eats up 50% of the net income of those living within the private rented sector where the monthly rent per property is now £1,526.
Numbers of non-decent homes and Category 1 hazards in the PRS have fallen in recent years, although problems with damp are on the rise.
The Scottish government’s proposed rent control formula is generous to landlords but would leave tenants vulnerable to unaffordable rent rises, says Generation Rent.
Croydon Council is calling on local residents to report concerns about unauthorised HMOs as it ramps up action against errant landlords.
There is still widespread frustration and bewilderment among landlords and agent that rent controls are the only policy intervention to help tackle affordability in Scotland
Investors have started buying up shops and offices in London rather than houses in order to turn a profit.
A landlord in Telford is to pay a huge fine after his local council took him to court over a substandard property he rented out within the town.
A Lib Dem MP has highlighted what he describes as an unfolding EWS1 form scandal after a fire safety consultant was sanctioned for unprofessional conduct.
One of the seismic changes for landlords and letting agents this year will be when the Renters’ Rights Bill bans taking rent in advance.
Camden Council wants to renew its additional licensing scheme with a potential £82 hike in fees.
Landlords in Grimbsy are being asked for their views on a new selective licensing scheme for parts of the East Marsh ward.
