Question: How long should accounts be kept to satisfy the authorities, things like accounting files, invoices and tax records, as a property landlord?Answer: You must keep your records for 6 years after the tax year to which they apply, whether or not you complete a tax return.It's a good idea, a
Expiry of Section 21 Notice - I have served a Section 21 (s21) Notice on my tenant but don't wish to start proceedings immediately. Can I wait without the notice expiring?Once a Section 21 notice has been served correctly it continues indefinitely, until such time as the tenancy is ended, either
Covenant and Covenant Strength - What is a legal covenant and what is the significance of the terms in relation to rental property and lettings ?</h2>The term covenant can have several meanings and has biblical origins but it is of particulalry significance
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
Landlords are likely to be targeted heavily by political parties as new research shows most remain undecided following Rishi Sunak’s decision to go for a July 4th General Election.
Gateshead plans to include a third of its private rented properties in a selective licencing scheme that also aims to improve tenants’ wellbeing and prompt landlords to boost energy efficiency.
A cross-party group of peers has attacked the government for sidestepping its proposals to clamp down on rogue letting agents.
Landlords are less worried by the Government’s looming Renters (Reform) Bill and more concerned about the financial squeeze they face including tenants who don’t pay their rent, a new poll reveals.
At least 163,000 privately rented properties disappeared from the market between 2019 and the end of 2023 as the number of landlords selling up outstripped purchases.
Serving a Section 21 notice - you need to be meticulous in your preparation, making sure you have complied faultlessly with all the regulations
A big lettings agency has questioned why the government is set on pursuing the end to fixed term tenancies, while ignoring the needs of landlords and tenants.
A Labour-commissioned review of the private rented sector has called for a new renters’ charter to strengthen tenants’ rights and a mandatory National Landlords Register to help enforce compliance.
Three London landlords are to pay over £45,000 in rent back to their tenants following separate Tribunal decisions, highlighting the increasing risks of Rent Repayment Orders as renters become more aware of the huge sums that are often involved.
Private landlords are earning an average of £17,665 a year – although profits are much slimmer, according to the latest figures.
The expensive dangers for 'amateur' landlords who don't realise their regulatory responsibilities have been revealed during a Tribunal hearing.
Property investors are invited to sign up for a unique property investor network event next month examining the Renters' Rights Bill.
Hillingdon Council has agreed to consider additional licensing after residents raised concerns about growing problems in the London borough.
West Northamptonshire Council has proposed a new forum to prepare its HMO landlords for likely new rules as the council reviews its approach this kind
A Labour MP has urged the government to stop landlords from 'cashing in' on retrofit grants.
They are “plugged out”; why tenants are struggling to charge their electric vehicles
Universities are a key driver of BTL activity and lending as more landlords choose to invest in areas with large student populations.
A former tenant who murdered her landlord and stabbed his cat to death has been given an indefinite hospital order.
Antony Clifton, 52, was sentenced to 46 weeks in custody after he carried out the work while falsely claiming to be a member of the Gas Safe Register
County Durham hopes to restrict HMO conversions across the county amid fears that rising numbers are impacting communities.
Landlord Sales Agency turned tough landlord sales around fast. Five tricky properties sold in under 28 days.
MPs are continuing to push the government to prevent landlords from making guarantor requests.
New figures have busted the myth that build-to-rent (BTR) homes are pricier than the PRS for many tenants.
A surprising number of lettings agents are in the dark about the reforms set to transform the sector under the Renters’ Rights Bill.
mydeposits’ Total Property platform has raised a staggering £300,000 for youth homelessness charity Centrepoint since its launch last May.
New official buy-to-let lending figures have revealed an extraordinary revival in the landlord market.
Comments are made after landlords in the city is ordered to pay £10,000 after ignoring HMO licensing conditions for a property.
A landlord who asked his tenants to only shower once a week and limit cooking to light meals has been landed with a £17,574 Rent Repayment Order.
The private rented sector now has a new champion for their sector in the form of James Cleverly, who has been appointed shadow secretary for housing.
Comments made by Conservative housing spokesperson in Lords as Renters' Rights Bill nears becoming law.
Luton Council is to face yet another legal challenge in its attempt to introduce a long-delayed selective licensing scheme.
Benefits landlord Mick Roberts has slammed Nottingham Council for its inflexible stance on licensing fees for homes he’s trying to sell.
The government is to hand councils the power to carry out secret inspections on private rental properties
Tenants in Scotland have been told to fight back against private landlords by urging MSPs to keep their commitment to robust rent controls.
