Assuming a commercial property is let already, the proposition an income-producing investment, the investor would be buying the building/property, not the tenant's business. Since the purchase price is geared to the passing and reversionary rent, it is normal to assess the tenant's ability to per
I have always found the holding deposit (an initial retainer paid to the landlord or agent to reserve a tenancy) is a very useful device to commit the tenant to your letting. But is it legal to withhold the advance deposit you take from a prospective tenant if they back out?In my experience a pro
What do I need to do when I protect my tenant/s deposit? If you take a deposit from your tenant/s you MUST protect the deposit and serve your tenants with the correct documentation within 30 days or face having to pay a fine and the prospect that you cannot use the s21 evict
I am revisiting ITZA in the light of an experience I am enduring concerning some tenants that are inexperienced of rent review. Tenant contention is that an ITZA adopted/agreed for a previous review should be used again for a current review.Unless the ITZA is documented in a binding agreement, th
Basically, what is known as a Calderbank offer is a 'without prejudice;' offer to settle a dispute to avoid the extra costs and associated risks of a full referral.From Calderbank v Calderbank [1976] and originally confined mainly to family property disputes, an offer of settlement made before th
According to research from the NLA, 4 in 10 landlords are either seriously considering forming a limited company or looking into the option in the coming months.Can you - and more importantly should you - set up a company to pay less tax? Heres my complete guide on becoming incorporated.<stron
What heating system should you use in your rental property? Is there a heating system that could solve landlords condensation claims problems?Its one of the most important questions to ask when letting a property for the first time. Whatever system you choose carries implications for the ef
The Residential Landlords Association (RLA) and the National Landlords Association (NLA) have called on the classified online listings service Gumtree to issue clear guidance over possible scams involving bogus letting scams.The warning has been issued to Gumtree by the NLA and the RLA after f
At rent review, the phrase 'going to arbitration' is often bandied about during negotiations as a means for one party to get its own way. Whether or not the parties can agree the rent without involving the dispute resolution procedure, it is common for a represented or experienced party to inv
Westminster City Council has given the go-ahead to a huge new selective licensing scheme covering 15 of the London borough’s 18 wards.
Landlords could face higher mortgage rates for longer after inflation jumped by more than expected last month to 3.5%.
A data gathering exercise by the Government has highlighted new and sometimes surprising facts about the UK’s landlords and their properties, including why a quarter are plannig to sell of properties over the next 12 months.
A leading leasehold expert has warned that commonhold reforms will hit property values and shift costs onto individual flat owners including those belonging to private landlords.
A Glasgow landlord fears his tenants could be left without heating or hot water after his energy supplier delayed replacing their Radio Teleswitch Service (RTS) meter.
Duncan McLennan says harking back to previous rent control experiments isn't realistic, and that a 'revolution in home building' is needed instead.
Landlord Sales Agency helps landlords sell quickly, often in under 28 days, at strong prices even with tenants. With market changes coming, now is the time to act.
Peterborough defends decision to bring some 1,800 smaller HMOs into its licensing clutches.
Report from Handelbanken paints picture of regulation bearing down on investor sentiment with predictable results.
Tom Entwistle looks at the likely changes ahead of this week’s King’s speech - this should reveal a bit more detail and the general direction of travel by Labour
Brighton & Hove Council is to ask the government if it can start licensing short-term lets in a bid to combat their impact on local communities.
A charity is looking to reboot its campaign urging the public and MPs to support reforms around keeping pets in rental properties.
Exceptional growth in the build-to-rent (BTR) sector has pushed completions to a record high during the past 12 months.
Local councils across the UK have been offering private landlords sweet deals for some time now to help solve the housing crisis, but one borough council is offering one that goes the extra mile.
Landlords in Greater Manchester are being asked to help mould the city region’s new Good Landlord Charter, designed to improve renting.
Lloyds Banking Group is making another foray into the housing sector by turning its former office buildings into affordable homes.
There are a number of ways you can support renters who have fallen behind on their rent. NRLA trainer and debt expert Julie Ford explains more.
Polling by build-to-rent (BTR) landlord UNCLE shows that 32% of those it polled who were between 18 and 24 years old said they ‘chose to rent’ rather than being compelled to by the housing market, while the figure was 31% for those between 25 and 34 years old.
With the victory for Labour now over a week behind us, what should landlords expect from the change in government?
Councillors in Brighton have backed a petition by campaign group Living Rent to introduce rent controls during a debate yesterday at its monthly full council meeting.
Landlords in Wales have found themselves unable to make deductions to deposits when using occupation contract templates, it has been claimed.
Northumberland council is the latest to approve more selective licencing with two wards in the seaside town of Blythe.
Five new housing ministers have been tasked with helping the government deliver homes and reform the PRS – and one of them is a landlord.
Frustrated surveyors have urged the government to introduce fair legislation that increases supply as landlords continue to quit the sector.
Propertymark has warned that abolishing Section 21 without an adequate replacement mechanism will add 'another nail in the coffin' of the PRS.
Salford Council is to launch a consultation into reviving one of its selective licencing schemes - offering landlords slightly cheaper licences than eight years ago.
Most buy-to-let landlords plan to raise rents in the next 12 months after being hammered by higher interest rates and operating costs.
Fewer tenants are going into rent arrears, according to the latest figures from Handelsbanken.
Paul Shamplina warns that introducing rent caps could drive landlords out of the market, potentially worsening housing supply issues.
Private landlords are about to get a new deadline for making energy efficiency improvements to their properties.
Tom Entwistle considers the current state of the UK housing market and how it could be affected by Labour’s policies
More HMO landlords in the West Midlands borough of Sandwell face paying £1,000 for a licence after the council gave the go-ahead to an extended additional scheme to go live on October 1st 2024.
Sheffield Council is about to get tougher on private landlords as part of a new 10-year plan to improve the city’s housing.
Good landlords have little to fear from a Labour government if it can stabilise the economy to support the property market and make renting easier and less volatile, according to one letting agent.
