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
The High Court has ruled that the Department of Work and Pensions acted unlawfully by making deductions from a tenant’s Universal Credit payments to his landlord without first consulting him – a decision which could impact thousands of other claimants.
MPs are continuing to press Housing Secretary Angela Rayner about the impact of freezing Local Housing Allowance rates on families in the PRS.
The North East offers BTL investors the best HMO rental yields in the UK, with the highest rental income to be found in the South East.
LandlordZONE caught up with Marcus Selmon, Chair of portfolio landlord group PLAN to discuss the state of the private rented sector and the soon-to-be enacted Renters’ Rights Bill from the perspective of his members.
This is a book I wish I’d had available when I first started out on my own property investing career
The government’s reluctance to properly fund eviction courts could cause chaos once the Renters’ Rights Bill becomes law, a leading lawyer has warned.
A landlord caught out for having an unlicensed property has managed to get her fine slashed after a First Tier Property Tribunal heard that the tenants owed more than £17,000 in rent.
Landlords who buy leasehold apartments will next month be able to extend the property’s lease without having to wait two years, as it presently the case.
A fed-up landlord has challenged tenants’ union Acorn for using social media to relentlessly bash the PRS without considering the bigger picture.
Landlords listing their properties for sale before potential capital gains tax rises are adding to a widening divide between supply and demand, report letting agents from around the UK.
The Renters’ Rights Bill is expected to fuel a surge in tenancy disputes following a 20% rise last year.
Walsall Council plans to implement an Article 4 Direction to restrict HMOs, despite acknowledging no strong evidence linking HMOs to crime.
Lawyers have warned that an underfunded justice system will hinder any progress made in strengthening renters’ rights.
The biggest news to hit the private rental sector in 25 years is here: the Renters' Rights Bill. Scheduled for its second reading today, 9 October, this Bill is poised to reshape the landscape for landlords and tenants alike.
Here’s an initial reaction to the Renters’ Rights Bill, thoughts that could change as it progresses through parliament - the second reading is today.
Government announces funding for EPC upgrades in low-income rental homes, but questions remain about coverage and affordability for landlords.
The Renters’ Rights Bill will become law ‘as soon as possible’ housing secretary Angela Rayner has promised as parliament debates her legislation for the first time.
A judge has massively increased the fines given to two HMO landlords who have failed in a legal challenge against their sentence.
Removing fixed-term tenancies will drive up rents as landlords switch to short-term lets, warns Propertymark.
A landlord with multiple properties in Bootle has been ordered to pay £22,630 for ignoring safety risks that left his tenants facing imminent danger.
A significant number of people seeking properties to rent are finding themselves excluded and forced to live in temporary accommodation, it has been claimed, as landlords be become more risk averse.
The Chartered Institute of Environmental Health (CIEH) has backed calls for better funding of councils’ housing enforcement and stronger selective licensing.
Landlords have criticised the Government’s plan to raise the minimum period of rent arrears from two to three months before they can be served notice to repossess.
The Welsh Government wants landlords to lease their empty properties to local councils in a bid to boost the number of affordable homes within its private rented sector.
Labour MP Florence Eshalomi has promised to hold the government to account in her new role as chair of the Housing, Communities and Local Government Committee.
Auctioneers have urged the government not to increase Capital Gains Tax at a time when confidence is returning to the housing market.
A landlord struggling with an eviction has spoken out against the system which he says is heavily skewed in favour of tenants.
Almost half of landlords have sold a property in the last year or plan to do so, according to the latest sobering industry survey.
Tenants’ groups want the government to also introduce longer protected periods.
Property refurbishments are becoming increasingly important for landlords as the Government prepares to force the sector to upgrade properties to minimum levels of energy performance by 2030.
The majority of landlords (75%) are very concerned about plans to abolish no-fault evictions, labelling it “a catastrophe”.
A fed-up landlord wants the government to legislate for more stringent referencing after being hit by rent dodging and criminal tenants.
Landlords and agents could face fines of up to £40,000 for breaching new rules set to be introduced as part of the Government’s Renters’ Rights Bill.
Nottingham Council has been told to hand back more than £2,800 to landlord Mick Roberts after a court ruled it had overcharged for lease extension surveys.
