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
While tenant numbers are steadily growing, the number of private rented properties has been shrinking
Specialist lender OSB Group has launched Rely, a dedicated buy-to-let lending brand to support landlords.
Average end-of-tenancy charges for students including arrears, cleaning, and damages were significantly lower last year than rest of PRS.
Smart landlords are selling now, making more upfront than years of rent - 85–90% of market value, fast and hassle-free.
Sutton wants to widen its licensing activities to include smaller HMOs, which number nearlyh 1,000 within the borough.
Three key rental sector organisations have joined to warn the Government that its rental reforms are causing significant concerns.
Changes to EPC assessments mean higher energy assessment costs for landlord, that's on top of what it will cost many landlords to upgrade properties
Council has hatched plans to start charging Airbnb users for parking and is also considering a ban on full-time Airbnbs in new builds and designating
Paul Shamplina headlined NRLA On Tour London, delivering key insights on legal changes for landlords at a sold-out, sector-shaping event.
Commercial tenants, with the landlord's consent, not to be unreasonably withheld, can assign their lease (transfer it) to a third party (a new tenant).
Liverpool City Council has launched a new taskforce to go after criminal landlords who exploit vulnerable tenants.
The government has signalled that it will bring in more leasehold reforms for flat owners following the introduction of the Leasehold and Freehold Reform Bill.
Leaders Romans Group (LRG) has called for a landlords’ reform bill to protect landlords and safeguard the housing sector.
Coventry has gone ahead with a huge new scheme to prevent properties being converted into HMOs without full planning permission.
This was a question answered during a recent appeal case covered here by Tom Entwistle In the Prempeh v Lakhany (Oct 2020) appeal the tenant claimed that a Section 8 notice was invalid because it did not contain the la
Paul Shamplina has won Seminar Speaker of the Year at the National LIS Awards 2023, the third time in a row the Landlord Action founder has received the honour.
A letting agent has been found to have blatantly broken the law by refusing to hand back a holding deposit.
Landlords have been warned that they will have to work much harder with their letting agent to ensure property adverts for their homes to rent include all the ‘material information’.
One in five landlords hit by rising costs are considering selling up, with a stark divide between those with properties in the north and south of the country.
Scotland’s housing minister has defended the country’s policy of rent and eviction controls despite new figures showing rents continuing to rise.
A landlord couple could face jail after admitting a string of offences which led to the death of one of their tenants in a fire.
Disputes between landlords and their tenants will soon be handled by the social housing ombudsman, it has been confirmed by Government minister Jacob Young.
What is Abandonment? Abandonment is when a tenant leaves the property (usually without notifying the landlord or agent) before the tenancy has ended.
Argyll and Bute councillors have approved a plan to charge a double council tax on second homes.
Haringey Council has urged landlords to share their views on plans for a new additional licensing scheme in the borough.
A continued imbalance between supply and demand is set to grow rents by 6% next year, before hitting an affordability ceiling that will limit growth until 2028.
A landlord who illegally rented out a property for years without planning permission has been ordered to pay £93,000.
Most private landlords think they should be subject to stricter energy efficiency regulations, according to new research.
A licensing expert has warned landlords living overseas about the dangers of asking UK-based friends or firms to apply for their selective licence.
The Leasehold and Freehold Reform Bill has taken a step towards becoming legislation after it was introduced to Parliament.
Labour MPs have tabled 26 amendments to the Renters Reform Bill that demand much tougher financial penalties for errant landlords and stricter rules around deposits.
PRS organisations, forums and landlord groups have joined forces to launch the Housing Coalition, which aims to give the sector a voice and improve private rental housing standards.
Tenants in Ireland could get first refusal on a property when a landlord puts it up for sale if new legislation gets the go-ahead.
With just one month to go until the year ends, investors are continuing to snap up properties at an accelerated rate. With next year bringing uncertainty, and a potential change in government, the trend for new investors who have entered the market to step in and take whole portfolios...
