Changes to the law on Section 21 and in particular how landlords deal with reported repair issues is now of crucial importance if section 21 claims for possession are to be successful. Careful pre-planning is now essential at the time of setting-up Assured Shorthold Tenancies (AST).The Section 21
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
Government launches new consultation to help make your rental property more sustainable
The Renters’ Rights Bill could trigger an exodus among landlords, reducing the supply of affordable housing, industry leaders have warned.
Landlords should target student housing and build-to-rent (BTR) if they want a secure investment with decent yields, it has been suggested
The Renters’ Rights Bill must be workable for all landlords and tenants, experts have warned, as it reaches committee stage in the House of Lords today.
The cost of renting and buying is the same due to small falls in mortgage rates, according to Hamptons.
Rents in London have dropped compared to a year ago, while Britain as a whole has seen values rise.
There’s an issue with the safe disposal of Vapes - disposal in normal household bins has been identified as a fire risk
A landlord has been fined more than £43,000 for renting unsafe and rodent-infested flats - but blamed tenants for the disrepair.
A service that alerts landlords when fraudulent tenants try to ‘steal’ their properties via title fraud has struck a deal with the National Residential Landlords Association (NRLA).
Sheffield Council has boasted that up to 800 people have been protected from risky buildings thanks to its selective licensing scheme after landlords were told to spend £250,000 doing up properties.
The Renters (Reform) Bill will reduce rather than enhance housing rights for students, according to the former CEO of student housing charity Unipol.
Liverpool Council aims to source 400 private sector properties in a bid to house growing numbers of homeless people in the city.
The key tenancy breaches by tenants reported by landlords have been revealed with non-payment of rent, dirty homes and failing to report repairs and maintenance issues as the most common.
An ambitious landlord who bought his first property aged 18 now has an impressive property portfolio worth £6 million 20 years later.
Fewer would-be tenants registered with letting agents in December, while rental stock levels also dipped during the typically quieter seasonal period.
A tenant has told of how a man – who he believes is landlord and controversial businessman Mark Fortune – threatened him over a rent row.
The Chancellor has been urged to scrap the extra Stamp Duty paid by landlords when buying properties after new research shows the extra activity within the PRS - if it was scrapped - would generate an extra £10 billion in tax revenue for the Government.
The tax net is closing in on property owners who use short-let platforms to earn rental income from their portfolios but not pay tax on it, Airbnb has warned.
Scottish landlords criticise new rent arbitration scheme, labelling it back‑door rent controls that will exacerbate housing access issues.
You’re a landlord looking to sell, but last year was a challenge. In 2024, it’s time to get your portfolios and properties sold and get you moving on to your next projects.
HMO owners in Gravesham are being given a last chance to get their house in order ahead of a crackdown on unlicensed properties.
Two in five (40%) of people who pay housing costs in England – equivalent to 12 million adults – are worried their housing pressures will get worse this year.
Landlords are being urged to fill in a survey on the state of the private rented housing market and some of the key topics likely to be affecting them in the coming months.
Money expert Martin Lewis has advised tenants in London to check if they are in line for a big pay-out when renting unlicensed properties.
A survey of the nation’s letting agents has revealed that two thirds of them have seen a significant increase in the number of landlords either exiting the private rented sector (PRS) or reducing the size of their portfolio.
The commercial property sector has been particularly badly hit with reduced property values and rents, and increased lending costs, but it's not all doom and gloom
Landlords in Scotland will have to meet a raft of measures to keep their properties up to scratch when new rules come in on 1st March.
Landlords will be able to apply for bespoke green loans and cashback rewards to make their properties more energy efficient under a new government-backed scheme.
Mortgage brokers are bracing themselves for more landlords seeking to borrow via limited companies during 2024, it has been claimed.
The government has become an investor in PRS financing platform Shojin through the conversion of a pandemic-era loan facilitated by the Future Fund scheme.
Landlords are being urged by a London councl to take part in a consultation on plans for a new, slimmed down selective licensing scheme.
Two thirds of private renters had an issue with the quality or condition of their home during the past six months, according to new research, with plumbing problems top of the list.
Winchester City Council has set up its own housing company, Venta Living, one of a growing number of councils going down the private route to help meet the growing demand for rental properties.
