Portfolio Landlords: Buy to let lender Paragons recent research shows that professionaland larger-scale landlords are still investing and are increasing the size oftheir portfolios through more targeted investments. With an average portfolio
New rules that came into force in March allow https://www.independent.co.uk/news/business/news/landlords-sue-cold-damp-homes-law-tenants-renting-housing-a8776671.html" tenants to sue landlords for issues like cold and damp. A broken heating system or poor ventilation that
Commercial Property : A recent High Court decision in Co-Operative Group Food Ltdv. A&A Shah Properties Ltd (2019) relates to an authorised guaranteeagreement (AGA) dispute, in this case an agreement involving a guarantor of theoutgoing tenant. <p id
The Government has announced its intention to scrap Section 21 notices for eviction in an effort to offer tenants more long-term security.
Commercial: A new set of mandatory rules introduced from 1stApril 2019 and though the document itself is titled a first edition, itsupersedes 3 previous editions published as codes of practice. The RICS (Royal Institution of Ch
Security: Renovating a buy-to-let property can be a great way for landlords to increase the rental income
Abandonment: When times get hard the instances of tenants leaving without notice are known to increase. Doing a runner�, skipping� moonlight flitting� walking away� or gone away� and in the words of the immortal song;
Tenancy Deposits: According to TDS (Tenancy Deposit Scheme) less than 1% (0.85%) of tenancies they handle have resulted in a deposit dispute in the year to March 2018, nevertheless its important to get it right when dealing with tenants' deposits.Cleaning was the most com
Viewpoint by Tom Entwistle As winter approaches outside temperatures drop and the perennial landlords problem of winter condensation and black mould rear their ugly heads again.The question is, how do you know if this is caused by the building or the tenant, or is it a co
Landlords' Tax: Internet sites, such as AirBnB, have increased the number of landlords letting to lodgers and to guests on short stays. There are specific tax benefits to this type of letting business which are expanded upon below.Furnished holiday letting</st
Section 21: Most tenancies will never require the service of a Section 21, Housing Act 1988, (eviction) notice. However, on those occasions when it does become necessary, and you just never know, landlords (and agents) will thank their lucky starts they complied with the rul
Asbestos:Asbestos regulations were last updated in 2012 , bringing the UK in line with EU regulations, which means the current regulations have been in place long enough for most
The Application Form You should always use a comprehensive Tenancy Application Form when taking on a new tenant. You need a completed application for each adult tenant in the property.The Tenancy application form is a very important starting point for any residential or comm
End of an AST: Questions: What happens when an Assured Shorthold Tenancy (AST) comes to an end? Will the tenant have to leave or does she need to sign a new agreement? What if a tenant wants to leave early? How long can a periodic tenancy last?When the fixed term (minimum of
Landlords often buy flats which are either Leasehold or Shared Freehold. What are these tenures and what should landlords look out for in these different forms of ownership?Leasehold is one of three forms of tenure (property/land ownership) almost exclusively peculiar to the United Kingdom, thoug
Landlord's Access to Property: Many landlords will have experienced a tenant denying them access to a property - whether for an inspection, viewings or legal duties. Its easy to understand the view of Its my property, I can enter when I want, but unfortunately th
New Rules for Section 21 :Landlords and Agents need to be aware of the changes affecting Section 21 rules and Notices and other changes for the letting of residential properties in England (and in many cases Wales) introduced during 2015 . This article explains the new rules
Many landlords have long suspected that the DCLG approved national calculation methodologies and software programs were seriously flawed when they produced EPC ratings for buildings following energy assessments.So news that new software is being introduced which is claimed to be more accurate is
In this episode of The Property Cast, we discuss the myriad of issues surrounding damp, mould and condensation a common problem for landlords and letting agents alike. To explore this topic, Sean Hooker, Head of Redress at the Property Redress Scheme, steps into Eddies sh
In this episode of The Property Cast, Eddie and Paul are joined by Maxine Fothergill, President of the leading membership body for property agents, ARLA Propertymark. The trio discuss the topical issue of rental reform and ROPA, delving into the detail of what lies ahead for age
Portsmouth is to go ahead with its contested additional licensing scheme but has promised to reward good landlords by charging them a lower licence fee and doing fewer inspections. Landlords had urged their council not to go ahead with plans to extend licensing to about 4,000 th
The long awaited renting reforms first muted in 2019 will be implemented next year, promises Housing Secretary, Michael Gove MP. Admitting that the Government should have moved more quickly� on these reforms to protect tenants following the Grenfell Tower tragedy, Mr Gove
A landlord battling to evict his nightmare tenants using a Section 8 order is exasperated that county court bailiffs encouraged them to stay put. The Cumbrian-based landlord had been granted a possession order, but his tenants - on bail for alleged drug offences and owing �3,00
The Government has averted a looming crisis in the HMO sector that would have seen many tenants charged individually for council tax, rather than paying a share of the propertys annual bill. As LandlordZONEhttps://www.landlordzone.co.uk/news/exclusive-official-counci
London Renters Union will picket successful estate agents across the capital next week who it blames for pushing up rents to unaffordable levels. Protests are planned in Tower Hamlets, Hackney and Crystal Palace on 3rd December by activists who have taken partic
The Welsh government has given a strong indication that landlords and property owners operating Airbnb holiday homes within its borders are to face a compulsory licensing scheme similar to the Rent Smart Wales scheme for the traditional private rental sector. This follows a parl
Landlords long-standing criticisms of health and safety regulation that tenants are often the cause of problems such as mould or water leaks look set to be addressed in new government guidance. Councils inspecting rented properties will be formally instructed to exami
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.
Housing minister Matthew Pennycook has said rent controls in England would hit both tenants and landlords negatively by reducing supply and discouraging investment.
Former Labour MP Dame Karen Buck has been hired as Generation Rent’s new chair of the board.
Scotland’s Housing Bill has been diluted to keep landlord lobbyists happy rather than focusing on renters’ needs, according to a Green MSP.
Three rogue landlords who operated a string of unlicensed and unsafe HMOs across Northampton have been collectively fined a whopping £452,796.
The formation of a new ‘powerhouse’ organisation to represent the commercial property sector including build-to-rent and co-living is under way, it has been announced.
Labour has confirmed that it will compel landlords of high street shops to rent out their premises if they stand empty for too long.
NRLA launches Renters’ Rights course to help landlords navigate new laws, including Section 21 abolition and enhanced tenant protections.
Commercial property has been hit hard over the Covid period. Rightmove, with its copious amounts of data, has identified something of a turnaround
A former estate agent who founded one of the UK’s largest property firms has been named by Kemi Badenoch as shadow housing secretary.
The Government is to become a significant provider of affordable private sector rental homes with plans to build some 3,000 units under a new name, Habiko.
A landlord who forgot to chase up a licencing application for her rented property in London has paid a heavy price for her mistake after being ordered to return rent totalling £11,245 to her tenants.
Comment has been made the Chartered Institue of Health Officers, which says such schemes should be the key tool for improving PRS home quality.
Despite the overall good news, many landlords have remained in brace position and have reached out to exit the market and sell their buy-to-lets.
Property auctioneers gave revealed its concerns about the Chancellor’s decision to raise Stamp Duty for those who purchase buy-to-let properties.
Prince William has promised to upgrade the private rental properties he rents out via the Duchy of Cornwall after reports over the weekend.
A lobbying group for renters’ rights is hoping to persuade MPs to make the Government’s renting reform legislation regulated landlords even harder.
Investors, business owners, landlords and pension savers were braced for a painful attack on their assets, gains and savings
The Scottish Government has announced a new inflation-linked rent cap in its Housing Bill in a bid to balance supporting tenants with protecting landlords’ property rights.
The Institute for Fiscal Studies (IFS) has slammed the Stamp Duty rise for landlords, warning that tenants will suffer as a result of the Budget announcement.
Landlords should be encouraged to renovate and repurpose their empty properties to help resolve the housing crisis, according to one landlord.
A landlord has failed in a bizarre attempt to withhold her tenant’s deposit by billing hundreds of pounds for writing letters and taking photographs.
