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
<h1 Joint or Single Shared Tenancies</h1>Shared House (Joint Tenants) or Individual Rooms (Single Tenants)? Where a landlord lets to multiple and usually unrelated tenants there are two main ways of doing this:(1) As a Joint Tenancyng
These are tenancies that fall outside the scope of the Housing Acts (1988, 1996, 2004), including the Regulated Tenancies, Assured Tenancies (AT) and Assured Shorthold Tenancies ASTs.In the case of a common law residential tenancy , the tenant's rights and obligations are ma
What are Business Tenancies ?A tenancy is an "estate in land", granted for a determined period of time (term of years or fixed term - 6 months,1 year, 21 years, 99 years etc) or a specific period (a periodic tenancy - yearly, monthly, weekly, even daily).In return for the "time lim
Landlord's Duty to Ensure Installations are SafeAll Landlords have a common law duty to ensure that gas installations and appliances supplied with their properties are safe. Tenants also have certain legal obligations when it comes to gas safety - see below.I
Landlords' Gas and Electrical Safety Certificates:As a landlord, or as a letting agent acting on the landlord's behalf, you have a legal obligation to ensure that your accommodation is completely safe for your tenants.Several statutory regulations and general common law requirement
Letting and residential property fully furnished, part-furnished or unfurnished in England & Wales no longer has any implications regarding security of tenure for the tenant or for taxation. However, Council Tax and the 10% Depreciation Allowance may be affected - you don't pay Council Tax du
What was the Fire Certificate is no longer required as it was previously under the Fire Precautions Act 1971 for hotels, boarding houses, factories, offices, shops and railway premises. All these premises must comply with Fire Regulations, now covered by t
Ending a residential tenancy on the ground of "false statement by the tenant "The Housing Act 1988 as amended by the Housing Act 1996 makes provision for the possession of residential properties let under Assured and Assured Shorthold Tenancies.However
Running a Successful Bed & Breakfast Guest HouseRunning a successful Bed & Breakfast Business from the comfort of your own home has many advantages and rewards as far as being self employed is concerned:</
Taking in a LodgerIf you're considering taking a lodger there are some important things to think about first. Most of its common sense, but its a good idea plan carefully and get things right.[list type='3'] <ul <li Taking in Lodgers is a good way to earn extr
Obtaining Possession Using Section 8 NoticesThis article explains how to gain possession of your residential rental property using the Section 8 procedure.Section 8 is a breach of contract court procedure.There are 17 grounds for possession listed in the Housing Acts 1988 & 199
How do I Ensure Notice Dates are Correct?Landlords and letting agents, at various times during a tenancy, may need to serve legal notices on their tenants.It is vital that not only do you complete and serve the notice in such as way that it is valid, but that you can
Barrows and Forrester reports UK landlords' mortgage costs rose 20–45% since 2021, outpacing rent increases, squeezing rental yields.
Plans to bring in a vast new selective licencing scheme within Brent have been given a resounding thumbs down from both landlords and, surprisingly, the London boroughs residents too. <figure id="" class="w-richtext-figure-type- " data-rt-type="" data-rt-align=""><div><img src="https:
Michael Goves plans announced yesterday to require owners of holiday lets in tourist hotspots to get planning permission for their properties has not gone down well in some quarters of the Conservative party. The https://www.landlordzone.co.uk/news/breaking-governmen
Landlords locked in a battle with Porsmouth council over its approach to shared houses have branded its recent planning decisions an anti-HMO campaign. Trouble has been brewing the city since councillors on its planning committee began overriding the councils own planni
Experts highlight widespread non-compliance with the Tenant Fees Act 2019, with many landlords and agents unlawfully charging prohibited fees.
Government to curb Airbnb boom by introducing planning permission for short‑lets in England’s holiday hotspots.
I have lost track of the number of firms offering property investment courses and investment vehicles that have gone bust in my own experience, some offering dodgy training courses or imaginative investment schemes of one sort or another, and right down to those plying outright scams. <p
TV star Paul Shamplina has defended landlords who ask tenants to provide additional referencing information such as copies of their CV or LinkedIn profiles. Appearing on TV this morning (watch below), he told presenters Eamon Holmes and Isabel Webster from GB News that in a high
A big council in the South East of England has warned landlords who dont licence their HMO properties that they face stiff fines for non-compliance. <figure id="" class="w-richtext-figure-type- " data-rt-type="" data-rt-align=""><div><img src="https://cdn.prod.website-files.com/63bef2f3c
Wales and the North East are the best areas for hard-hit buy-to-let investors looking for above-inflation returns.
The average number of available rental properties at letting agencies jumped to a two-year high last November.
With the new year now upon us there’s no better time for landlords to start preparing for the wide-ranging legislation change on the cards for 2025.
A TikTok video on upcoming rules around tenants’ ability to keep pets has garnered more than two million views.
A letting agent has slammed Shelter’s campaign to highlight Section 21 eviction cases as “absurd sensationalism”.
A campaigning MP has helped her constituents get every new HMO application thrown out in the last three years.
The landlord exodus is a once-in-a-generation opportunity for councils to buy up properties and restore what was lost under Right to Buy, according to a campaigning think-tank.
The Renters’ Rights Bill is to get its latest airing in just under two weeks' time ahead of moving to the Lords.
Stamp duty bills will almost double from £8,452 to £16,190 in April, an increase likely to spark higher rental costs as landlords attempt to recoup costs.
If there's one thing all landlords want to avoid, it's tenancies that go 'pear shaped'. Here we ask and expert how to avoid this.
One of the most ardent political supporters of rent controls in England has been made a knight within the 2025 New Year honours list.
Three quarters of Suffolk renters have struggled to find an affordable home in the last six months, while half had a rent increase – an average of £58 – according to new research.
Peterborough Council’s selective licensing scheme has uncovered some “horrendous” living conditions since its launch last March.
A rogue landlord has been fined for a second time this year for failing to license his portfolio of houses.
Prime Minister Keir Starmer is facing an EPC upgrade bill of up to £28,000 for the property he rents out in North London.
The past 12 months have been a momentous time for private landlords as tax changes and looming new regulations have been unveiled by politicians of various hues.
Councils are sending the wrong message to law-abiding landlords by failing to investigate those who can’t provide a valid EPC certificate.
A landlord in Liverpool has been prosecuted by its city council for 23 offences under national HMO management regulations.
Despite enthusiasm in Whitehall for heat pumps they not the best way to upgrade a rented property EPC rating, a new report has claimed.
Nearly two-thirds of working private renters - 4,450,000 people - are falling behind with rent payments or struggling to pay their rent.
Tom Entwistle recalls the year in property and looks forward to the year ahead
Landlords who own flats in blocks with unsafe cladding have been given an assurance that developers must meet repair deadlines next year following the publication of the government’s Remediation Acceleration Plan (RAP).
Landlords offering a bills-included rental could dramatically increase their profit margins by improving its energy efficiency.
Sheffield Council has boasted that it’s one of the keenest prosecutors of rogue landlords in the UK.
Unveiling its 2025 cross-sector UK forecasts, Savills strikes an optimistic note and predicts highest returns for North West buy-to-let
