With commercial property, rent reviews are generally to the open market rent, but sometimes the rent would be adjusted to the Retail Price Index (RPI). RPI is generally considered more favourable to landlords than CPI or other methodologies.There is no link between open market rent and inflatio
Amongst the thorny issues in the relationship between landlord and tenant is the building insurance premium. Unlike residential property where the landlord has a vested interest in making sure the premium is competitive, because more than likely the premium would not be recoverable from the tenan
Theres recently been a spate of press reports and political wrangling about the existence of Zero-Hour Contracts. This has become something of a hot political issue as we approach a general election, and one surprising development is recent attempts to embroil landlords in the issue, as if the
Traditionally, with commercial (business) leases, a contractual provision within the lease specifies the use, or uses to which a property may be put and the uses which are prohibited.The formal classification of Uses� are set out in the Town and Country Planning (Use Classes) Order 1987 as a
As most Assured Shorthold Tenancies (AST) are by definition, short, there is usually no need for landlords to get involved in processing a rent increase.However, some ASTs run for long periods after the fixed term has ended, i.e., when the tenancy becomes a statutory periodic tenancy, hence there
The ideal for any landlord is for the tenant to have a guarantor and provide a rent deposit. But which is better when the landlord has to choose?The starting point is the status of the tenant. With a tenant that is one person (an individual) the likelihood of that person being of independent fina
When you rent out a property two vital stages in the process are when you check-in your tenants at the start of the tenancy and check-out at the end.Preparation is the key to a trouble free let. When you prepare properly you are carrying out management processes so that nothing is left to chance
Elsewhere on LandlordZONE (at https://www.landlordzone.co.uk/information/what-is-a-section-25-notice" https://www.landlordzone.co.uk/information/what-is-a-section-25-notice and https://www.landlordzone.co.uk/information/what-is-a-section-26-notice-2 ) you can find out about sec
Contrary to popular belief, 'upward-only' rent review does not mean the rent must increase.An 'upward-only' review means that the rent payable after the review to open market rental is agreed or ascertained would not be less than the rent payable before the rent review, even if the open market re
Scotland's parliament has finished scrutiny of its Government's plans to restrict how landlords can raise rents, and much more.
Commercial landlords are now on high alert following a recent high court ruling over insurance commissions
The UK’s largest landlord association has called out the Government’s plans to make rental properties reach a minimum EPC ‘C’ band by 2028 as ‘unachievable’.
Rising immigration is likely to push rental demand to new heights, a banking boss has warned.
Landlords have been urged to join a legal action to challenge Leicester Council’s “unreasonably extortionate” selective licensing fees.
A leading letting agent has criticsed the progress of the Renters’ Rights Bill which left the House of Lords with few amendments.
A property lawyer has warned that landlords might fail to realise their tenant has given notice after a court ruled that a WhatsApp exchange was sufficient to create a contract.
Private renters in England have saved nearly £1 billion in letting agent fees since the 2019 Tenant Fees Act, research by Generation Rent has found.
One of the UK’s leading student lettings agencies has pointed out a huge ‘crunch point’ for HMO landlords when the Renters’ Rights Bill goes live later this year.
I’m writing this article to highlight the pitfalls landlords can face, and to share what I’ve learned from my experience.
More than a third of tenants looking for a new home aren’t organised to move, despite the fiercely competitive rental market.
Landlords earning more than £20,000 will have to use the Making Tax Digital for Income Tax Self-Assessment by the end of the current Parliament.
PropTech firm Rentals United aims to disrupt the short-let market with a property damage protection service paid for by a small nightly fee.
Policymakers must act to right the wrongs that have been foisted upon the PRS in recent years, says Scottish landlord group.
The clocks have gone back and there is a distinct chill in the air – and with the winter months almost upon us now is the perfect time to make sure your properties are prepared for a cold snap.
Many landlords and lettings agents are prepared to use a shortage of rental properties to their advantage, viewers of the BBC’s Morning Live show were told.
New official data about the private rented sector reveals that it is in better shape than some tenants’ rights groups like to claim.
The Chartered Institute of Environmental Health (CIEH) has warned that the Renters’ Rights Bill will place a huge enforcement burden on already stretched local councils.
We talk to lawyer turned self-managing landlord, Suzanne Smith, founder of The Independent Landlord.blog and co-host of a weekly podcast called Good Landlording.
Nottinghamshire local authority Gedling Council is relaunching selective licensing in its Netherfield ward in the new year after seeing “incredible improvements” to living standards.
Following years of lobbying, Labour has promised to act on what is generally agreed is an unfair UK business rates system
Housing Minister Matthew Pennycook has hinted heavily that the government will go further than the Tories in its bid to regulate holiday lets.
Mayor of Greater Manchester Andy Burnham has confirmed he doesn’t want landlords to exit the market, in marked contrast to comments made by his national Labour colleagues in Parliament.
Hamptons predicts that rents will rise by 17% between 2024 and 2027, outpacing house price growth of 12.5%.
Now is a great time for landlords to look at ways to manage their property portfolios online as wide-reaching legislation change looms, including a new digital Private Rented Sector database.
More than half the rental listings on Facebook Marketplace are likely to be scams, according to an investigation by Generation Rent.
The group, which includes politicians and activists, say the commission is the step toweards rent controls in the capital.
For the seventh year, Total Landlord, part of Total Property, has been named the 'Best Landlord Insurance Provider' at the Insurance Choice Awards 2024.
Rents will carry on rising next year as the supply of rental homes continues to be outstripped by supply – but an ‘inflection point’ where rents become too expensive for many tenants will eventually arrive, and already has done in London.
Decision by Lambeth councillors comes just a few months after an initial and expensive four-ward scheme went live.
There are Autumn Budget winners and losers in the property industry as a whole
The Government has rejected calls for 10-year selective licensing schemes and insists that the government recognises the burden that licensing puts on landlords.
The Bank of England has cut interest rates from 5% to 4.75%, providing some welcome cheer for landlords looking to invest and remortgage.
The average rent arrears claim climbed to £2,064 in the third quarter of this year, a 22% rise on the same period last year.
