Prospective tenants flooding into London this summer along with the continued shrinkage in property numbers is set to create one of the most competitive rental markets ever seen. May bank holiday is when many 12-month and 18-month tenancies come to an end, explains Adam
Across the UK nations theres been a rolling programme of rental reform, one new tenancy regime after another, but has any of this really worked for the benefit of tenants or landlords? We dont yet know the final form the Renters (Reform) Bill will take, theres a long wa
A law firm has warned that the looming property portal will be a gold mine for tax investigators who are likely to focus on accidental landlords rather than rogue operators. The new landlord database proposed by the Renters (Reform) Bill could expose those landlords who may - p
A new Home Energy Efficiency Tool promises to help landlords and homeowners make their homes more energy efficient and reduce bills. The Nationwide Building Society initiative aims to provide information about their current energy use and will then outline the cost, energy or ca
Landlords face even longer waits than normal to evict tenants in London after two big landlords were told that bailiff operations are to be suspended for the foreseeable future. This unusual situation has been blamed by officials on now confirmed health and safety reaso
Rent reforms wont work until the real problem of affordable housing waiting lists is addressed, according to leading property expert Kate Faulkner. Although MPs are focusing on the PRS, the housing crisis is nothing to do with the private sector, believes Faulkner, who sugges
Traditional landlords in the Midlands face growing competition as the region looks set to witness a big expansion in the build-to-rent sector. Birmingham led the way nationally in 2021, according to JLL, which reports that of the pipeline of 50,000 BTR homes outside London, 11,3
Landlords have increasingly fewer BTL mortgages to choose from as lenders withdraw products amid a rise in average fixed rates. Moneyfacts reports that since the beginning of last week, the number available has dropped from 2,748 deals to 2,343 while the average rate on two- and
A rogue landlord has lost a landmark case after she failed to convince an Upper Tribunal to overturn her banning order. <figure id="" class="w-richtext-figure-type- " data-rt-type="" data-rt-align=""><div><img src="https://cdn.prod.website-files.com/63bef2f3c329eff8e3a4af45/64cb99f6e035517f
Landlords in Scotland face further pain after it was announced today that it will for a second time extend the rent cap and evictions freeze first introduced in October last year to help combat rising inflation. The measures within the Cost of Living (Tenant Protec
The burgeoning build-to-rent (BTR) sector has been warned not to rest on its laurels as new research reveals slipping customer service standards. Consultancy hereSAYs BTR Mystery Shopping Benchmark Report found that although the developments still prese
Eleven tenants have been found crammed in a squalid and illegal HMO during a dawn raid on a three-bedroom house in Wembley. <figure id="" class="w-richtext-figure-type- " data-rt-type="" data-rt-align=""><div><img src="https://cdn.prod.website-files.com/63bef2f3c329eff8e3a4af45/64cb9a422825
A leading independent think tank and a leading London mayor have called for councils across the UK to be given powers to implement selective licencing schemes of any size without sign-off by the Secretary of State. Following legislative changes during the early noughties, the se
Regular Inspections: Conduct routine inspections of the property to identify any maintenance issues or potential problems. Check for leaks, cracks, signs of wear and tear, malfunctioning equipment, and safety hazards. Address these issues promptly to prevent further damage. With
Three-quarters of landlords will be forced to raise rents in the face of the new Renters (Reform) Bill , which as drafted will restrict their ability to refuse pets. A poll by buy-to-let broker Mortgages for Business found that 60% will raise re
A group of leading figures representing animal charities, pet owners and property managers have warned that much work will be needed in the coming months to make the Renters (Reform) Bill acceptable to landlords and tenants. The group, although welcoming the bill, tells <strong
The government has repudiated claims by one of its own MPs and a leading expert that the PRS is under pressure from reforms and rising levels of immigration. Home Office data shows that net immigration hit a record high of 606,000 last year. Based on the average household size o
A leading lawyer warns that by abolishing section 21 the government will be helping nuisance tenants at the expense of the weak and vulnerable. Under the Renters (Reform) Bill, landlords will be able to evict for behaviours capable of causing a nuisance or annoyance as opp
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
<h1 Joint or Single Shared Tenancies</h1>Shared House (Joint Tenants) or Individual Rooms (Single Tenants)? Where a landlord lets to multiple and usually unrelated tenants there are two main ways of doing this:(1) As a Joint Tenancyng
These are tenancies that fall outside the scope of the Housing Acts (1988, 1996, 2004), including the Regulated Tenancies, Assured Tenancies (AT) and Assured Shorthold Tenancies ASTs.In the case of a common law residential tenancy , the tenant's rights and obligations are ma
What are Business Tenancies ?A tenancy is an "estate in land", granted for a determined period of time (term of years or fixed term - 6 months,1 year, 21 years, 99 years etc) or a specific period (a periodic tenancy - yearly, monthly, weekly, even daily).In return for the "time lim
Landlord's Duty to Ensure Installations are SafeAll Landlords have a common law duty to ensure that gas installations and appliances supplied with their properties are safe. Tenants also have certain legal obligations when it comes to gas safety - see below.I
Landlords' Gas and Electrical Safety Certificates:As a landlord, or as a letting agent acting on the landlord's behalf, you have a legal obligation to ensure that your accommodation is completely safe for your tenants.Several statutory regulations and general common law requirement
Letting and residential property fully furnished, part-furnished or unfurnished in England & Wales no longer has any implications regarding security of tenure for the tenant or for taxation. However, Council Tax and the 10% Depreciation Allowance may be affected - you don't pay Council Tax du
What was the Fire Certificate is no longer required as it was previously under the Fire Precautions Act 1971 for hotels, boarding houses, factories, offices, shops and railway premises. All these premises must comply with Fire Regulations, now covered by t
Total fines for London’s rogue landlords and agents have topped £10 million since the rogue landlord database launched in 2017.
Private landlords face a significant increase in competition from corporate operators within the rented sector as investors reveal a £17 billion, 60,000-home building programme concentrated on the South and Midlands.
It’s almost inevitable that court fees will have to rise considerably, and probably sooner than 2025/6 unless alternative funding is added direct from the Treasury, according to property lawyer David Smith.
Accreditation boosts tenant trust—discover how landlord schemes strengthen letting confidence.
London mayor Sadiq Khan has vowed to build 6,000 new ‘rent control’ homes across London if he’s elected for a third term in next month’s election.
Redbridge Council has gone live with its big new selective licencing scheme that applies to most private rented properties in 15 of the London borough’s wards.
Unite Students is poised to report rental income growth of at least 6% due to sustained demand, despite new visa rules affecting international students.
Landlords and property investors who buy privately-held multi-property portfolios in Wales are to lose another tax perk.
A leading landlord in the SW has slammed the Government’s ongoing assault on the private rented sector, saying the efforts of Michael Gove and his predecessors puzzle ‘honourable and decent’ operators like him.
Changes to income and Capital Gains Tax (CGT) that came in over the weekend could mean reduced investment in the PRS and insurance premiums, warns an insurance expert.
Paul Shamplina has assembled a panel of experts to run a training day this summer that will advise and coach landlords to navigate the tough economic and regulatory environment facing the privately rented sector.
Poorly insulated homes will be sent annual gas bills about £340 – around 50% - higher than those with a C-rated Energy Performance Certificate (EPC) under Ofgem’s latest price cap, new research has found.
Holiday let owners are facing a significant dip in bookings this year as the sector feels the effects of the cost-of-living crisis, poor weather and an increasingly saturated market.
The UK’s commercial property sector is experiencing challenges: high interest rates, inflation, lower property values, and liquidity problems for lenders and borrowers.
Some build-to-rent developments are increasingly falling foul of Rent Repayment Order (RRO) legislation, in a move away from its original aim to tackle poor HMOs, it has been claimed.
The Social Market Foundation has argued that fears about stricter regulations reducing the supply of rental properties are ‘overblown’.
A rented house which was transformed into a highly ornate classical ‘villa’ by its former tenant has been granted a Grade II listing.
The Green Party is unlikely to win many votes from landlords after launching its manifesto ahead of a General Election later this year and the May 2nd local elections.
A mother and son landlord duo are to repay their former tenants £15,000 in a case highlighting how the rent repayment order system can be very one-sided.
By now you’ve probably heard of Landlord Sales Agency, and our articles that suggest the market is in favour of landlords selling.
The Government has launched a service that enables landlords to see the rents being charged by other landlords in their area.
The number of people renting homes by themselves has reduced significantly over the past three years as the cost-of-living crisis has hit many renters’ pockets, new research reveals.
Landlords who own leasehold apartments in tower blocks are being urged to complete an official questionnaire or face being excluded from the protections afforded by the Building Safety Act (BSA).
A community of landlords launched in the North of England six years ago has revealed that it is now going national after being given a new name.
Landlords taking tenants to court to repossess properties face a significant hike in the fees they are charged by the courts to process their cases, it has been revealed.
