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
There are dangers with using the Section 8 possession claims process under the Housing Act 1988 which are not always apparent to landlords and agents.There is always a temptation to use section 8 because the shorter notice period (usually 2 weeks) is much quicker to court than the alternative - s
What is a Section 25 Notice? My business lease is coming to an end and my landlord has served on me a Section 25 Notice.Commercial (Business) Tenancies in England & Wales are regulated by the Landlord & Tenant Act 1954 (Part 2).This means that when the fixed term ends (end of lease) the b
Section 48 of the Landlord and Tenant Act 1987 states that landlords of residential tenancies in England and Wales must furnish their tenants with an address in England & Wales at which notices can be served. Failure to do so will mean that any claim for rent, rent arrears or service charges
Should landlord insist on renewing fixed term tenancies or allow them to lapse into periodic tenancies?In essence a tenancy is the right to possess and occupy land belonging to another. A tenancy gives the occupier a legal interest in the land for a defined period of time.A relationship of landlo
A section 213 notice is a prescribed form notice which must be served on your tenant, or another person, if they provided a deposit for a rental.If you have taken a deposit for an Assured Shorthold Tenancy (AST) in England & Wales (the rules in Scotland & Northern Ireland are similar but
This is a handy check list for use to help you ensure you are serving a valid section 21 notice. Section 21 of the Housing Act 1988 (as amended 1996 & 2004) provides a means of re-gaining possession of a residential property in England & Wales. Other UK jurisdictions are similar but there
How can a tenant end a residential tenancy and stay within the law - usually with a Tenant's Notice to Quit?In practice most residential tenancies in England and Wales end (over 90 per cent of them) with tenants giving their landlord notice. These guidelines are based on English law and are not a
Farm and Land Tenancies Approximately one-third of all agricultural land in England and Wales is covered by agricultural tenancies. Tenancies allow people to farm without being landowners. As agricultural land is expensive, and the acreage now needed to make a viable operati
Landlords sometimes face a dilemma when they want to sell a rental property, or even a portfolio of their rental properties. Sometimes landlords have no choice but to sell as they are being forced to sell for financial reasons.Residential properties, unlike their commercial counterparts, always s
Millions owed to a lender by businesses which collapsed due to the oversupply of student accommodation in Newcastle are unlikely to be recovered.
A private landlord in Kent has submitted plans for what will be the UK’s largest HMO if the scheme gets the go-ahead.
Flats and smaller houses make the best buy-to-let investment for landlords, having seen the strongest annual increase in average yield compared with other property types during the past 12 months.
Traditional private landlords are rapidly being replaced by pension funds and private equity firms seeking to capitalise on the lucrative build-to-rent sector.
Home REIT, the investment trust marketed as the dream scheme to house 10,000 homeless and needy tenants, and a sure-fire investment alternative in property, is folding with extensive debts and legal claims
A councillor in the North of England has pushed back against unlikely claims that large firms operating HMOs are ‘taking away his town’s family homes’.
Looking to boost your property portfolio? Below are the five factors you must consider before your next property purchase.
A landlord who sub-let an unlicensed HMO, failed to pay thousands of pounds in rent to the owner and illegally evicted a tenant has been handed a £4,872 rent repayment order.
John Lewis has finally received the green light to begin its transformation into a build-to-rent landlord after Bromley Council approved its plans for 353 rental homes.
Homes within the private rented sector aren’t the poor relation portrayed by tenant groups when it comes to energy efficiency
More leading figures and organisations have backed a campaigner's attempt to persuade Labour to U-turn on pet insurance.
Barrister and TV personality Rob Rinder has got behind RentGuarantor as the firm’s new brand ambassador.
Coventry Council has handed out £278,782 in landlord fines so far this year, including prosecutions, financial penalties and rent repayment orders.
Slump in buying due to confidence dented by regulatory uncertainty, higher borrowing costs and slower house price growth, says Dwelly.
Letting agents have urged Hackney Council to rethink licensing schemes that risk increasing rents and pushing smaller landlords out.
Whatever initiative governments have tried so far, nothing seems to be working for Britain’s high streets
The NRLA has teamed up with online student and graduate lettings platform Hybr
Shelter warns that nearly 1,000 households are to be “marched out of their homes” by bailiffs every month.
More than a third of landlords now avoid investing in flats because of leasehold-related issues or complex building management.
Latest official figures show that despite fewer landlords evicting overall across the nation, 'time to evict' continues to take longer and longer.
Landlords have urged the government to amend the Renters’ Rights Bill to protect vital student housing.
The majority of tenants in England and Wales get most or all of their deposit back when they move out, new data shows.
Prafula Kopp, who lives in the same development where Rushanara Ali owns an HMO, says the real story has not been told.
Deposits should be lodged with a single, not-for-profit organisation, the campaigning group has claimed.
Surveying trade organisation says its estate agent members have reported weakest supply of rented homes since 2020.
Landlord pain, tenant gain scenario where a High Court ruling has allowed River Island to impose a restructuring plan
Tom Darling says landlords should not be able to evict tenants to sell a property under any circumstance.
MPs have been urged to help get landlords involved in a campaign to raise awareness about damp and mould.
A new poll of landlords has found that 87% make a profit on their properties despite spending a fifth of their gross rental income on property repairs
A thinktank director has said Labour's renting reforms will put many landlords off investing in the private rented sector.
Senior Tory figure David Gauke says Government should be concentrating on building more homes to rent, and ignore calls for rent controls.
Criminals presenting as landlords are conning would-be tenants across London out of thousands of pounds a day.
A pet damage insurance policy has launched for landlords offering a unique dual coverage.
Landlords have been urged to sign a petition calling for the government to play fair when raising energy efficiency standards in the PRS.
