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New service charges rules in commercial property

New service charges rules in commercial property

News

Commercial: A new set of mandatory rules introduced from 1stApril 2019 and though the document itself is titled a first edition, itsupersedes 3 previous editions published as codes of practice. The RICS (Royal Institution of Ch

Security & Locks - Buy to Let Renovation & HMO Projects

Security & Locks - Buy to Let Renovation & HMO Projects

Information

Security: Renovating a buy-to-let property can be a great way for landlords to increase the rental income

My tenant left without telling me...

My tenant left without telling me...

Information

Abandonment: When times get hard the instances of tenants leaving without notice are known to increase. Doing a runner�, skipping� moonlight flitting� walking away� or gone away� and in the words of the immortal song;

What happens if someone other than the tenant pays the deposit?

What happens if someone other than the tenant pays the deposit?

Information

Tenancy Deposits: According to TDS (Tenancy Deposit Scheme) less than 1% (0.85%) of tenancies they handle have resulted in a deposit dispute in the year to March 2018, nevertheless its important to get it right when dealing with tenants' deposits.Cleaning was the most com

The Condensation Conundrum

The Condensation Conundrum

News

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

Tax on income from lodgers and short stay tenants

Tax on income from lodgers and short stay tenants

Information

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 Notices - for older tenancies in England

Section 21 Notices - for older tenancies in England

Information

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 and Your Responsibilities as a Landlord

Asbestos and Your Responsibilities as a Landlord

Information

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 importance of a Tenancy Application Form

The importance of a Tenancy Application Form

Information

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

Assured Shorthold Tenancy Ends

Assured Shorthold Tenancy Ends

Information

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

Freehold, Shared Freehold or Leasehold?

Freehold, Shared Freehold or Leasehold?

Information

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

My Tenant Won't Allow Access!

My Tenant Won't Allow Access!

Information

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 Section 21 Rules

New Section 21 Rules

Information

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

New algorithms to calculate EPC ratings

New algorithms to calculate EPC ratings

News

Many landlords have long suspected that the DCLG approved national calculation methodologies and software programs were seriously flawed when they produced EPC ratings for buildings following energy assessments.So news that new software is being introduced which is claimed to be more accurate is

How you serve a Notice can be just as important as what you serve'�

How you serve a Notice can be just as important as what you serve'�

Information

Serving Notices: Landlords and agents often get confused as to how they should serve Notices on their tenants.Ordinarily it wouldnt matter what method is used, but if you end up in court with a possession or money claim, or some such court action, then what and how you se

Consumer Protection - implications for Landlords & Agents

Consumer Protection - implications for Landlords & Agents

Information

Tenant are Consumers: The UK Consumer Protection law applies to letting agents and landlords alike when they advertise a property to let or create a new tenancy. It also applies to most private landlords when they deal with letting agents, unless they operate as a company.

Section 21 Notices

Section 21 Notices

Information

Obtaining Possession Using Section 21 Notices Updated October 2016This article explains how to gain possession of your residential rental property in the most efficient way possible. You may just want your property back for your own use, or to sell, or you may be having prob

Condensation, the Landlord's Curse...

Condensation, the Landlord's Curse...

Information

Winter Condensation: Its that time of year again, a time when tenants are most likely to complain about the mould appearing in those corners of the property where the walls and ceilings are really cold, and hot air with moisture always rises to the top. If its black mo

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Shelter says agents and landlords who ban children are in breach of renting code

Shelter says agents and landlords who ban children are in breach of renting code

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News
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Letting agents and their landlords who advertise properties as 'no children' face being accused of breaking discrimination rules, it has been claimed following a campaign by Shelter. The organisation says agents who advertise properties as no children are now breaking The

Eviction expert warns of social housing crisis post‑Section 21

Eviction expert warns of social housing crisis post‑Section 21

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News
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Eviction expert Paul Shamplina warns of a social housing crisis post-Section 21 abolition, citing court delays and landlord uncertainty.

Rental platform hoping to become 'Rightmove of short lets' raises £1.3 million

Rental platform hoping to become 'Rightmove of short lets' raises £1.3 million

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News
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Short-term holiday lets platform Your.Rentals is raising on the crowdfunding site Seedrs as it seeks to expand its reach in the UK, raising some £1.3 million so far. The Copenhagen-based company, which is headed up by founder Andrew Martyn (main picture),

OPINION: Are landlords really leaving the private rented sector?

OPINION: Are landlords really leaving the private rented sector?

Opinion
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It has been reported this week that housing minister Rachel Maclean (main picture) told a meeting in Westminster that fellow Conservative MPs and the property sector (i.e. the NRLA and other trade associations) are wrong to claim that landlords are leaving the sector. This

Manchester students evicted by University after demanding 30% rent reduction

Manchester students evicted by University after demanding 30% rent reduction

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News
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Manchester students occupying a university-owned building in a protest over rent costs and living conditions have been ejected by bailiffs. Manchester University says their action was illegal and that it was granted a possession order by the High Court. When the 20 strikers refu

LATEST: Gove hints at fairer tax rules for landlords in return for more regulation

LATEST: Gove hints at fairer tax rules for landlords in return for more regulation

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News
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Housing Secretary Michael Gove has dropped a hint that he could be willing to consider tax concessions for landlords. Speaking in the Commons during a Budget debate, he told MPs that the government needed to make sure there was fairness in the tax treatment of landlords before l

BREAKING: Government squeeze on landlords has cost Treasury �1.5 billion

BREAKING: Government squeeze on landlords has cost Treasury �1.5 billion

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News
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Tax changes in the private rented sector have lost the Treasury �1.5 billion in revenue, according to new research commissioned by the NRLA. https://www.capitaleconomics.com/" target="_blank" Capital Economics fou

LAW: Shocking landlord prosecuted for illegal eviction of young family

LAW: Shocking landlord prosecuted for illegal eviction of young family

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News
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A landlord in Derby has been convicted of an illegal eviction and ordered by a court to pay a �1,600 fine. After initially agreeing a 12-month rental for an unfurnished house with a young family, landlord Grace Young of Pear Tree Street, Derby then attempted to illegally evict

NEW: Devolution deal gives Manchester more rogue landlord powers

NEW: Devolution deal gives Manchester more rogue landlord powers

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News
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A new devolution deal will give the 10 Greater Manchester councils powers to approve larger selective licensing schemes. The pact, signed by Levelling Up Minister Dehenna Davison (pictured, below), Greater Manchester Mayor Andy Burnham (main pic) and the council leaders, will al

Half of councils don't talk to local landlords, probe reveals

Half of councils don't talk to local landlords, probe reveals

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News
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A lack of council-organised landlord gatherings could hamper the Renters Reform Bill’s ambitions, according to Propertymark.

UPDATED: Anti-social behaviour is a nightmare for landlords to deal with

UPDATED: Anti-social behaviour is a nightmare for landlords to deal with

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News
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Problem tenants are difficult to deal with for landlords at the best of times. The government's promise to introduce a fast-track process to deal with anti-social behaviour sounds promising, but can it work in practice?

Tenants warned over using 'no-win, no-fee' legal firms against landlords

Tenants warned over using 'no-win, no-fee' legal firms against landlords

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News
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Tenants have been urged to be wary of ‘no-win, no-fee’ solicitors who deal with private rental sector cases after an almost farcical case in London.

New rental property portal 'must include accessibility info' say campaigners

New rental property portal 'must include accessibility info' say campaigners

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News
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Disability rights groups have called on the government to include information about accessibility for disabled people on its new property portal due to go live next year.

NRLA and property fraud service reveal partnership

NRLA and property fraud service reveal partnership

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News
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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).

City claims aggressive licencing scheme has cost landlords £250,000

City claims aggressive licencing scheme has cost landlords £250,000

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News
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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.

Leading education thinktank slams Government's rental reforms

Leading education thinktank slams Government's rental reforms

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News
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The Renters (Reform) Bill will reduce rather than enhance housing rights for students, according to the former CEO of student housing charity Unipol.

Big council to spend £19m finding benefit tenants private rental homes

Big council to spend £19m finding benefit tenants private rental homes

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News
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Liverpool Council aims to source 400 private sector properties in a bid to house growing numbers of homeless people in the city.

Some renters' terrible behaviour revealed by new tenancy breach research

Some renters' terrible behaviour revealed by new tenancy breach research

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News
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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.

Landlord reveals 20-year slog to a £6m rental portfolio

Landlord reveals 20-year slog to a £6m rental portfolio

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News
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An ambitious landlord who bought his first property aged 18 now has an impressive property portfolio worth £6 million 20 years later.

Agents report unusually quiet rental property market

Agents report unusually quiet rental property market

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News
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Fewer would-be tenants registered with letting agents in December, while rental stock levels also dipped during the typically quieter seasonal period.

BBC probes complaint against infamous Scots landlord

BBC probes complaint against infamous Scots landlord

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A tenant has told of how a man – who he believes is landlord and controversial businessman Mark Fortune – threatened him over a rent row.

'Scrap extra Stamp Duty for landlords to solve rental crisis'

'Scrap extra Stamp Duty for landlords to solve rental crisis'

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News
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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.

Airbnb warns landlords over new HMRC reporting rules

Airbnb warns landlords over new HMRC reporting rules

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News
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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.

Landlords slam Scotland's latest rent controls measures

Landlords slam Scotland's latest rent controls measures

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Scottish landlords criticise new rent arbitration scheme, labelling it back‑door rent controls that will exacerbate housing access issues.

Landlords: it's time to get 2024 off to a flying start

Landlords: it's time to get 2024 off to a flying start

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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.

Home counties borough warns landlords over imminent HMO crackdown

Home counties borough warns landlords over imminent HMO crackdown

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News
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HMO owners in Gravesham are being given a last chance to get their house in order ahead of a crackdown on unlicensed properties.

40% of people worried about paying rent or mortgage

40% of people worried about paying rent or mortgage

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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.

What's your opinion on being a landlord? Fill in this survey!

What's your opinion on being a landlord? Fill in this survey!

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News
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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.

Martin Lewis urges London tenants to report non-compliant landlords

Martin Lewis urges London tenants to report non-compliant landlords

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News
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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.

Agents warn reforms driving landlords out the market

Agents warn reforms driving landlords out the market

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Two-thirds of letting agents say more landlords are leaving the market due to ongoing reforms.

Is commercial property set for a rebound in 2024?

Is commercial property set for a rebound in 2024?

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News
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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

Be ready for new safety rules on March 1st, Scots landlords warned

Be ready for new safety rules on March 1st, Scots landlords warned

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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.

Minister reveals new green scheme and cash for landlords

Minister reveals new green scheme and cash for landlords

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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.

Looking to reduce your tax bill? Then you're in good 'company'

Looking to reduce your tax bill? Then you're in good 'company'

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Mortgage brokers are bracing themselves for more landlords seeking to borrow via limited companies during 2024, it has been claimed.