2 years ago I purchased a company with a 10 year lease from my ex boss, on a 10 year lease, the lease was set up by a solicitor. After 2 years the business is struggling and is not viable. I feel that my solicitor ill advised me as there was no break clause mentioned. Where do I stand on t
Good Left in the Premises or Uncollected GoodsFrequently, tenants leave goods after their tenancy has concluded or when they have abandon the premises during a tenancy. Uncollected goods and possessions left or abandoned in premises by tenants can pose a real problem for landlords.
<h1 Standing Order</h1>What are Bankers' Standing Orders?</h3><ul <li Standing Orders allow landlords to automate the process of collecting rents</li> <li They safeguard tenants in that the landlord cannot change the payment amount, as is the case with direct debit
The Possession Procedure - 1988 Housing ActThe possession procedure under Section 8 of the Housing Acts 1988 & 1996 is known as the Section 8 Route and is available to landlords where the tenant is in breach of one or more terms of
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
Ending a residential tenancy on the ground of "false statement by the tenant "The Housing Act 1988 as amended by the Housing Act 1996 makes provision for the possession of residential properties let under Assured and Assured Shorthold Tenancies.However
Running a Successful Bed & Breakfast Guest HouseRunning a successful Bed & Breakfast Business from the comfort of your own home has many advantages and rewards as far as being self employed is concerned:</
Taking in a LodgerIf you're considering taking a lodger there are some important things to think about first. Most of its common sense, but its a good idea plan carefully and get things right.[list type='3'] <ul <li Taking in Lodgers is a good way to earn extr
Obtaining Possession Using Section 8 NoticesThis article explains how to gain possession of your residential rental property using the Section 8 procedure.Section 8 is a breach of contract court procedure.There are 17 grounds for possession listed in the Housing Acts 1988 & 199
How do I Ensure Notice Dates are Correct?Landlords and letting agents, at various times during a tenancy, may need to serve legal notices on their tenants.It is vital that not only do you complete and serve the notice in such as way that it is valid, but that you can
Expert tips from landlord Richard Jackson on how to spot problematic tenants before signing, helping landlords avoid future rental issues.
The Supreme Court has ruled that Rent Repayment Orders cannot be made against a superior landlord. The landmark ruling has implications for rent-to-rent arrangements and means tenants cannot go after superior landlords property owners or leaseholders - when seeking redress.
A landlord will need to carry out repair or maintenance work on a buy-to-let property 72 times during their ownership, costing them more than £34,000, it has been revealed. Research by lettings and estate agent Benham and Reeves found that while pests are
The UKs competition watchdog is to launch an investigation into consumer rights for those rent their homes and the activities of landlords and letting agents. This announcement, which has been made by the Competition and Markets Authority (CMA), reveals that it intends to she
A cross-party group of MPs and peers has suggested that landlords who dont upgrade their properties should be liable for mortgage penalties. The All-Party Group on a Green New Deal believes there should be a 1% mortgage interest rate premium levied on all buy-to-let propertie
The government has announced support for thousands more households including tenants living in HMOs - to help pay their energy bills. Households without a direct relationship to an electricity supplier are covered by thehttps://www.gov.uk/get-help-energy-bills/getti
As part of the Department for Levelling Up, Housing and Communities (DLUHC) levelling up� fund the money is to be used by the council to work proactively and engage with landlords�, in particular with those landlords who rent out houses in multiple occupation (HMOs) and own con
Property expert Kate Faulkner (main pic) says new rules to introduce professional qualifications for social housing managers are a slap in the face for the PRS� after years of lobbying for similar standards. The government has a
The government has performed a U-turn over its plans to exempt accommodation for asylum seekers from HMO licensing requirements.
This year is on track to break 2023’s record for the most additional and selective licensing schemes launched across the UK.
The evictions process is in crisis with many landlords who are seeking to remove problem tenants facing huge court delays, it has been claimed.
Letting agents have revealed continuing strong demand for rental properties but no let-up in weakening supply.
Inconsistencies in the existing EPC calculation mean that property owners can currently pay out thousands of pounds for work that, when they come to sell, they find actually lowered their EPC rating.
Most renters expecting a rent increase this year believe their landlords should make energy efficiency improvements to help offset the rise.
Coventry councillors are set to approve a 12-week consultation into plans to renew the city-wide additional licensing scheme.
The number of Houses of Multiple Occupation (HMOs) in England is continuing to nosedive, official statistics seen by LandlordZONE reveal.
Build-to-rent (BTR) continues its seemingly unstoppable march across UK cities, with the British Property Federation reporting that 58,000 homes had detailed planning permission in Q4 2023, the highest number on record.
Landlords rush to sell before March deadline—rising taxes and market shifts driving exits.
A landlord has evicted all his tenants from an HMO after a man forced his way into the property with a chainsaw after hearing that his stepdaughter had been bullied by fellow residents.
A landlord who allowed cannabis farms to operate in 17 of his 72 properties as part of a multi-million-pound drugs operation has been jailed for 11 years.
A 30-year-old entrepreneur specialising in buy-to-let investment and lettings has been named one of the UK’s top young business people.
Private tenants in the South West will save hundreds on their energy bills following a council’s push to identify those with failed Energy Performance Certificates (EPCs).
A crisis in the making? Will commercial property owners come through the looming debt repayment crisis unscathed?
Leaseholders won’t see all the hoped-for benefits from the Leasehold and Freehold Reform Bill unless significant changes are made, according to a leading expert.
A rogue landlord who failed to repair serious safety hazards in his property has been ordered to pay more than £3,000.
The Government must use ‘carrot’ as well as ‘stick’ policies as it attempts to improve the energy efficiency of the private rented sector, a leading mortgage broker as claimed.
How often do a property’s electrical tests have to be completed? What’s the minimum EPC level for a property to legally rented out? What’s the difference between a large and small HMO?
A landlord who claimed unsuccessfully that he had been deceived by his tenants has been handed a £9,745 rent repayment order.
All private landlords in parts of Scarborough will have to get a selective licence from 1st June under council plans to tackle poor quality accommodation and anti-social behaviour.
Landlords in Northern Ireland are being reminded to renew their registration or face a heavy fine.
Former Lib Dems leader Tim Farron has slammed Airbnb and other holiday lets platforms for creating a ‘clearance’ of long-term rental homes from his Lakeland constituency.
Jersey’s private landlords have urged the island’s new Housing Minister to find the right balance when he revives stalled protections for landlords and tenants.
A Labour landslide could be a better outcome for buy-to-let landlords than if the party wins the next election by a small majority, according to a leading property guru.
