The Commonhold and Leasehold Reform Act 2002 provides a right for leaseholders to acquire the freehold landlords management functions by transfer to a company set up by them the Right To Manage (RTM) company. The thinking behind the right was to empower leaseholders. The
Appeal Court judges have found in favour of the landlord in the landmark case of Northwood Solihull v Fearn & Ors, preventing a potentially huge logistical headache for landlords and letting agents. The judges ruled that any authorised employee of a landlord or letting agent
In an apparent re-run of Harold Wilsons 1970s investment income tax surcharge, Labour plan to re-introduce such an additional layer of tax to what is termed unearned income�. The Wilson Labour government applied an investment income surcharge of 15% and kept the top rate
According to a recent report by estate agents Hamptons, over the last four years the number of landlords operating their buy to let business through a limited company has doubled. There were 47,400 new buy-to-let companies incorporated in 2021 right across the UK, the figures be
Landlords and letting agents will soon be able to carry out quicker https://www.landlordzone.co.uk/news/updated-advice-for-landlords-on-right-to-rent-checks-due-in-new-year/" right to rent checks on British and Irish citizens. From 6th April, Identification Do
An energy expert has sought to reassure landlords that they may not need to spend huge sums retrofitting their properties to raise EPC ratings at least not in the short term. <figure id="" class="w-richtext-figure-type- " data-rt-type="" data-rt-align=""><div><img src="https://upload
Just as residential landlords are contemplating the costs of bringing older properties up to the proposed new standard - very likely EPC band C� required by December 2025 - so too are commercial landlords.<br> See: https://www.landlordzone.co.uk/news/compulsory-epc
Compulsory EPC band C by 2025 causing confusion There have been recent confusing reports put out that from 2025, all newly rented properties in England & Wales will be required to have an EPC rating of band C or above. This is somewhat misleading and jum
LandlordZONE sits down with one of Londons most prolific but little-known landlords who has spent 30 years amassing a huge portfolio in the East End and West End areas of the capital. For reasons of privacy, and a desire to remain behind the scenes, he doesnt want to
So, we ended 2021 after twenty-one months since the first Covid lockdown with the new variant, Omicron, spreading fast, and with Wales, Scotland and Northern Ireland putting in stricter measures and speculation that England may follow with an announcement early in the New Year.
An example of the difficulty of prediction is the conclusion to a detailed study recently published on the private rented sector by the London School of Economics (a study commissioned by the NRLA) Individually and cumulatively, the recent tax changes
A lettings agency boss and landlord has been slapped with a �40,700 Rent Repayment Officer despite claiming that his failure to licence an HMO was an honest mistake. A First Tier Property Tribunal handed five former tenants the maximum award for the period from September 2019 t
Scotland’s Housing Bill proposes rent controls, winter eviction bans, pet rights & tougher eviction penalties in private sector overhaul.
Bristol has approved plans to extend landlord licensing in Brislington West, Bedminster and Horfield wards in a bid to raise PRS standards. The scheme includes additional licensing - HMOs with three or more unrelated people sharing facilities and selective licensing - privat
Durham County Council's selective licensing scheme covers 29,000 homes, requiring landlords to apply by 31 July for a £350–£500 licence fee.
This is a Local Government and Social Care Ombudsman case involving an unnamed landlord (LandlordX or MrX) and Brentwood Borough Council. The case revolves around a common situation where the landlord required possession of the property after serving a valid section 21 notice un
I've been in the property investment business for almost 30 years and during this period opportunities have come and gone but I've yet to discover an asset class that perf
Ever since I started to market one of my commercial buildings around 10 years ago now, I began to doubt the efficacy of the EPC rating system. The guy that came along to do the inspection told me himself he had just completed a 6 week course, or whatever it was, to train to be a
Viewpoint by Tom Entwistle As winter approaches outside temperatures drop and the perennial landlords problem of winter condensation and black mould rear their ugly heads again.The question is, how do you know if this is caused by the building or the tenant, or is it a co
Landlords' Tax: Internet sites, such as AirBnB, have increased the number of landlords letting to lodgers and to guests on short stays. There are specific tax benefits to this type of letting business which are expanded upon below.Furnished holiday letting</st
Section 21: Most tenancies will never require the service of a Section 21, Housing Act 1988, (eviction) notice. However, on those occasions when it does become necessary, and you just never know, landlords (and agents) will thank their lucky starts they complied with the rul
Asbestos:Asbestos regulations were last updated in 2012 , bringing the UK in line with EU regulations, which means the current regulations have been in place long enough for most
The Application Form You should always use a comprehensive Tenancy Application Form when taking on a new tenant. You need a completed application for each adult tenant in the property.The Tenancy application form is a very important starting point for any residential or comm
End of an AST: Questions: What happens when an Assured Shorthold Tenancy (AST) comes to an end? Will the tenant have to leave or does she need to sign a new agreement? What if a tenant wants to leave early? How long can a periodic tenancy last?When the fixed term (minimum of
Landlords often buy flats which are either Leasehold or Shared Freehold. What are these tenures and what should landlords look out for in these different forms of ownership?Leasehold is one of three forms of tenure (property/land ownership) almost exclusively peculiar to the United Kingdom, thoug
Landlord's Access to Property: Many landlords will have experienced a tenant denying them access to a property - whether for an inspection, viewings or legal duties. Its easy to understand the view of Its my property, I can enter when I want, but unfortunately th
New Rules for Section 21 :Landlords and Agents need to be aware of the changes affecting Section 21 rules and Notices and other changes for the letting of residential properties in England (and in many cases Wales) introduced during 2015 . This article explains the new rules
The rise of ‘built-to-rent’ homes as a major competitor for tenants with private landlords took a leap forward this week after two US firms revealed they had bought 1,750 homes off a UK builder that will now be rented out rather than sold.
When the terms of a commercial renewal lease cannot be varied in the agreed between the parties, according to the provisions of the Landlord and Tenant Act 1954
Nearly a quarter of mortgages on mid-rise flats required an ESW1 form this year, despite government promises that leaseholders in these blocks affected by the cladding scandal would no longer need one when selling or remortgaging.
Labour is likely to reintroduce the Renters (Reform) Bill in a similar form if it wins the election and has already confirmed its view that the court process needs speeding up.
Any new government must continue to encourage private landlords if it is to effectively tackle the housing crisis, according to property lawyer David Smith.
Calls are growing for a thorough overhaul of the EPC regime amid claims that the information in many could be inaccurate and misleading.
Private tenants are still renting their homes for longer than they did a decade ago, according to analysis by Zero Deposit.
A landlord who sent offensive emails to MSP Patrick Harvie (main image) about his anti-landlord policies has been convicted of behaving in a threatening or abusive manner.
A rogue landlord who ignored multiple planning enforcement notices has been ordered to pay more than £25,000.
Landlords in Ipswich face restrictions on converting properties into HMOs after the council voted to introduce an Article 4 direction.
Landlords who operate furnished holiday lets (FHL) have been anxiously awaiting further guidance on the proposals put out in the March Spring Budget
A dawn police raid on an overcrowded Coventry HMO has prompted an investigation into potential slavery and immigration issues.
Home REIT - a City-backed investment trust providing affordable homes for homeless people and prison leavers – has taken back 600 properties from a charity landlord.
One of the key provisions of the Renters (Reform) Bill was the provision of a portal to register all landlords. In effect a licencing system for every landlord in England and Wales and something Labour has said it would like to resurrect if it wins the General Election.
A report published today attempts to counter the ‘anti-landlord’ rhetoric that has gathered pace in the UK recently by revealing that the private rented sector supports some 390,000 jobs and makes a £45 billion contribution to its economy.
A Conservative MSP has slammed Scotland’s short lets licensing scheme for its negative impact on thousands of businesses.
Five former housing ministers are among the 77 Conservative MPs standing down at the next election, leaving behind a mixed legacy.
Welsh rugby star Gareth Davies is trying his hand at a career in lettings as he considers life after playing for the national team.
Tom Entwistle asks the question, what’s gone wrong with the buy-to-let market, why has government policy been so much against it?
Social rents are 64% more affordable than private rents, with social tenants in England paying about £828 less each month than private tenants, according to new analysis by Shelter.
John Lewis has urged future governments to develop a clear national strategy around the need for build-to-rent developments.
A rogue landlord has been ordered to pay more than £23,000 after he admitted operating an unlicensed and unsafe HMO.
A pet activist has pledged to continue her fight for tenants’ right to keep pets following the demise of the Renters (Reform) Bill.
Leading private rented sector expert, Total Property, has launched an innovative new platform for its mydeposits custodial scheme members this week.
Landlords in and around Bristol are invited to join TV star Paul Shamplina this Thursday, 30th May for an educational seminar run by leading estate agency Andrews.
