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
Landlords still have 'plenty of opportunities’ despite interest rates expected to remain on hold this week, a specialist lender has suggested.
The Renters’ Rights Bill could lead to an increase in the number of tenants being asked to provide a guarantor and to further discrimination, charities and campaign groups have warned
UK landlords face rising costs, regulatory complexity, and affordability challenges, with rent growth slowing despite ongoing demand.
The number of licensing schemes lined up to launch this year has already surpassed last year’s total, as councils continue to put the financial squeeze on landlords.
A landlord has avoided a £29,000 rent repayment order after a First Tier Property Tribunal ruled that he had been the victim of administrative failings by Southwark Council.
The huge changes that the Renters' Rights Bill will introduce for private landlords will be addressed by a panel of top experts at this year’s National Landlord Investment Show.
Tenants are likely to go after every plausible target when tougher rent repayment orders take effect later this year, a solicitor has warned.
The average number of new tenancies agreed per lettings agent branch climbed to around eight in the first month of this year, a new report has revealed
Haringey Council has introduced tougher fines for errant landlords in a bid to raise housing standards across the London borough.
A rogue landlord has been handed a suspended jail sentence after she failed to maintain gas appliances at her rental property.
The government has vowed to take action on rogue landlords who exploit vulnerable residents in exempt accommodation.
A mass sell-off is currently underway in the landlord sector, and it only looks set to increase. EPC requirements, The Renters Reform Bill, mounting financial pressures, the list of reasons goes on.
A third of renters (33%) don’t plan to ever own their own home, up from a fifth (20%) in 2022.
A “tsunami of landlords” will put in Section 21 notices before the ban is implemented, predicts Landlord Action’s Paul Shamplina.
Landlords are bracing themselves for the impact of a ban on Section 21 after the government published its Renters’ Rights Bill.
The first base rate cut since 2020 has boosted rental stock levels across major British cities, according to new research.
Landlords are being asked to share their experiences of conveyancing to help strengthen the case for digital property packs.
The government is considering a further crackdown on short-term lets in a bid to free up more homes for local people.
Landlords and letting agents aren’t carrying out inventory inspections on nearly a third of tenancies, leaving themselves open to disputes.
Landlords have been warned that cutting maintenance budgets could jeopardise their ability to rent out properties and puts renters at risk.
A landlord has successfully overturned a rent repayment order after he argued he wasn’t responsible for an unlicensed HMO.
It’s that time of year again. The first signs of the UK’s autumn cold arrives as we see more cooling rain and wind, and a noticeable drop in temperature
A Hastings landlord is counting the cost after failing to provide their local authority with an essential safety certificate – a timely reminder to make sure you’re up-to-date with all your safety certificates.
The Renters’ Reform Coalition has called for more radical renter reforms including longer eviction notice periods, longer protected periods free from eviction when a tenancy starts and limits on rent increases during a tenancy.
A Capital Gains Tax rate change could be the final nail in the PRS coffin as investors ditch bricks and mortar, according to one big financial analyst.
A portfolio landlord group has urged the government to voice support for the sector and work with it on finding a solution to the country’s housing crisis.
Hoarding is an issue for an estimated six per cent of the population so at some point, many landlords will house a tenant that is affected.
Waltham Forest has been slammed for failing to adequately publicise details of its new additional licensing scheme.
Landlord groups are hoping Scotland’s First Minister has softened his hard-line stance on impending rent controls amid promises to boost the PRS.
The Welsh government looks set to follow England’s lead by launching a consultation into how HMOs are valued and banded for council tax purposes.
Rightmove reports 18% of homes for sale were previously rentals, up from 8% in 2010, as landlords exit amid rising taxes and costs.
Architect Matthew Robinson argues that there’s never been a better time to convert commercial buildings to residential use...
A new app aims to help prospective tenants decide whether a rental property ticks all the right boxes.
A councillor has called for more local authorities to follow Merton’s lead and strip rogue landlords of their properties.
