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
There are dangers with using the Section 8 possession claims process under the Housing Act 1988 which are not always apparent to landlords and agents.There is always a temptation to use section 8 because the shorter notice period (usually 2 weeks) is much quicker to court than the alternative - s
What is a Section 25 Notice? My business lease is coming to an end and my landlord has served on me a Section 25 Notice.Commercial (Business) Tenancies in England & Wales are regulated by the Landlord & Tenant Act 1954 (Part 2).This means that when the fixed term ends (end of lease) the b
Section 48 of the Landlord and Tenant Act 1987 states that landlords of residential tenancies in England and Wales must furnish their tenants with an address in England & Wales at which notices can be served. Failure to do so will mean that any claim for rent, rent arrears or service charges
A ‘confused’ landlord who ‘cut corners’ when maintaining his unlicenced HMO has been told to pay four former tenants £15,703 after they took him to a First Tier Property Tribunal.
A row has broken out over plans to re-introduce selective licencing for landlords within parts of the Salford area of Manchester.
Labour has confirmed that it will require all private sector landlords to bring their properties up to a minimum Energy Performance Certificate (EPC) band C by 2030.
Portfolio changing? Discover how the NRLA is helping landlords adapt to evolving market conditions.
Commercial property might be sensible way of diversifying your overall investment portfolio risk
If as many expect Capital Gains Tax (CGT) rates are aligned to people’s personal income tax then landlords selling properties would be on average £11,00 worse off, it has been claimed.
Housing minister Matthew Pennycook has confirmed that Labour has no plans to introduce rent controls in England.
A further sign that landlords are selling up comes from new HMRC figures that reveal an increase in Capital Gains Tax (CGT) revenues for the Government from the sale of residential properties.
A leading lettings agency boss has pinned rising rents and fewer properties to rent squarely on the previous Conservative Government, says its policies have ‘driven away’ landlords.
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.
The London Borough of Lambeth is to launch a £923 per property selective licencing scheme in four wards this September after a lengthy consultation period that began in December last year.
A landlord who raised a rental property's EPC from a band F to an A has urged others to make energy efficiency improvements that benefit both their property and their tenants.
Controversial landlord Fergus Wilson has been handed a suspended prison sentence after being found in contempt of court for breaching an injunction preventing him from harassing staff and councillors at Ashford Borough Council.
Stockton on Tees councillors have given the green light to a new selective licensing scheme covering three areas of the borough.
Tenants are now facing bigger rent rises when they renew their contract than when they move into a new rental home.
Rent caps could be introduced in England by a Labour government, the party’s shadow chancellor Rachel Reeves said over the weekend.
Mayor Andy Burnham has announced plans including a new Property Check scheme for tenants whose landlords won’t work with the council voluntarily.
A landlord who let three of his properties fall into dangerous disrepair has been ordered to pay almost £14,000.
The founder of property management firm that houses asylum seekers by offering landlords guaranteed rents has reached the Sunday Times Rich List.
The number of households removed from their privately rented properties by bailiffs in England via a Section 21 ‘no fault’ eviction increased by 19% during the first three months of the year to 2,682 households, official data shows.
Landlords with properties in Manchester have been urged to have their say on the city’s latest plans to expand selective licencing.
Rising rents and lack of supply in the privately rented sector (PRS) are the result of long-term failure in government housing policy and is not landlords’ fault, peers were told during the Renters Reform Bill second reading last night.
The government has provided more detail on how it plans to overhaul the courts, along with the timeline for abolishing Section 21.
James Kent, the NRLA's Chief Innovation Officer and founder of property compliance platform Safe2, looks at new data on the postcode lottery of local authority enforcement.
Commercial Lease: Before 1995, though many commercial tenants did not realise this, assigning the lease meant they agreed to be responsible for payment of the rent and performance of all the other covenants
Competition between tenants continues to intensify as the amount of time rental property listings are up for has dramatically reduced, according to new analysis.
High rents are prompting tenants and landlords to choose alternative deposit schemes, according to one provider.
New powers for councils to auction off leases on properties which have stood empty for more than a year will take effect this summer.
