Amongst the ways to agree or ascertain the (open) market rent at rent review or on renewal of a lease, (per s.34-s35 Landlord and Tenant Act 1954), is the use of comparable evidence.At rent review, the market rent for the premises is not what rent the actual tenant would agree or could afford, bu
There are two instances of section 20 notices in property in England:(1) is the notice served in relation to early shorthold tenancies under the Housing Act 1988, and the other,(2) refers to section 20 of the Landlord and Tenant Act 1985, as amended by the Commonhold and Leasehold Reform Act (CLR
Who pays for maintenance and repairs in a residential letting, landlord or tenant?Is it, for example, a tenants responsibility once they occupy my building to look after most of the regular house maintenance items? If the fridge stops working does the tenant or the landlord need to repair it?Y
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
Landlord representation in Parliament will be hugely diminished after 50 Tory MPs with residential rental properties either lost their seat in the election or had previously stepped down.
Labour's victory in the general election marks a significant turning point for the private rented sector (PRS). With their ambitious plans for housing reform, it is crucial that the new government addresses the pressing issues facing both landlords and tenants.
Landlords have congratulated Labour on its landslide victory but warned that too much new red tape will make the housing shortage within the private rented sector even worse.
A new poll reveals that 88% of tenants have had problems in rental properties and more than a quarter (26%) were unhappy with their landlord’s response.
A battle between residents and HMO landlords is coming to a head in Liverpool where vacating students’ mess is being dumped on city streets.
The co-living sector grew by 65% in 2023 - nearly 2,500 new beds - and looks set to treble to more than 20,000 beds by 2027.
A growing number of landlords are ending up in mortgage arrears and having their rental properties repossessed.
A top property lawyer is adamant the courts won’t be able to handle a two-fold increase in possession actions when Section 21 is abolished.
An HMO sales firm has launched with the ambitious aim of becoming the sector’s go-to property platform.
Only 6% of tenants would pay more rent to help fund energy efficiency measures, despite 80% being in favour of their properties getting an upgrade to an EPC rating of C.
A very big portfolio landlord has been ordered to pay £15,290 to former tenants after it failed to license one of its 750 properties.
Landlords may soon have to repay up to two years rents to tenants if they fail to comply with decisions with the sector’s looming new ombudsman.
The government must focus on sustaining a vibrant PRS and not “hark back to the wonders of the 1970s with social housing and council housing…as being a really great thing,” warns NRLA boss Ben Beadle.
Benefits landlord Mick Roberts is losing patience with MPs whose continued ‘anti-landlord’ policies have only made more people homeless and increased rents.
Landlords and businesses are rushing to transfer and liquidate assets ahead of a potential Capital Gains Tax hike in next week’s budget.
A landlord who used to have a property portfolio of 100 homes has told the BBC that multiple pressures on the sector including looming regulations, higher interest rates and costs have persuaded him to cut his portfolio down to 65 units.
A group of student accommodation landlords have warned the Government that its plans to dispense with fixed-term tenancies and move to open ended ones will lead to fewer providers and homes within this market.
Landlords in the North East are pocketing the highest rental yields in the UK, according to Paragon Bank’s latest lending data.
Hamptons reports that 46,449 companies have been set up to hold buy-to-let property in Great Britain between January and September, a 23% increase on the same period last year.
To maximise your profits as a landlord, it's crucial to minimise your tax liability by claiming all allowable expenses.
A group of high-profile housing leaders, lawyers and economists have urged the Government to include private landlords within its plans to solve the housing crisis, instead of casting them as the villains of the piece.
The British High Street has been in decline for some years now, but could it be that there are signs of a revival?
A landlord fears neighbours may force him out for breaking lease conditions due to rogue renters illegally sub-letting his flat.
Private landlords have been excluded from a new government Welsh government initiative that funds retrofit advice in residential properties and hands out interest-free loans for energy efficiency improvements.
Inspectors employed by a big London borough have started knocking on doors around Wembley to check whether landlords have a selective licence.
A landlord in Wembley, North London has been fined £49,500 after a court heard that he rented out a five-bedroom two-storey unlicenced house in very poor condition to eight people including two children.
The Chancellor is expected to leave the rate of capital gains tax (CGT) on the sale of second homes and buy-to-let properties untouched amid concerns that increasing it would cost money.
England’s overburdened tribunal system is ill-equipped to handle the potential influx of new claims from the Renters’ Rights Bill, according to proptech firm Reapit.
Barking and Dagenham is to go ahead with an HMO licensing extension in January and has asked the government to approve a new selective scheme.
One of the UK’s largest BTL mortgage lenders has urged the Government to give landlords more financial support to reach the recently-announced 2030 deadline for all rental properties to reach a minimum EPC band C.
Newham Council has apologised to council tenants after the Regulator of Social Housing found serious failings in safety standards at its properties.
A coalition of leading property groups has called on the government to put the Unique Property Reference Number (UPRN) at the heart of the UK residential market.
Many politicians and campaigners have, in support of the Government’s looing renting reforms, claimed that tenants feel insecure when living in their homes and are worried about the high rents.
Rightmove has called on the Government to support landlords, not load them with more tax, ahead of the Chancellor’s budget on 30th October.
