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Buying a rental property with a sitting tenant - what do I need to know?

Buying a rental property with a sitting tenant - what do I need to know?

Information

If you buy a rental property with a tenant in place, a sitting tenant�, there are some important issues you need to address.</h4>When a landlord decides to sell a rental property, they have two options: give notice to the tenant and obtain vacant possession before selling, or

Three steps to maximising return on investment!

Three steps to maximising return on investment!

Opinion

Boost your ROI with three proven steps: calculate yields accurately, minimise costs smartly, and stage your property for the best returns.

The results of The Ultimate Landlord Show

The results of The Ultimate Landlord Show

Sponsored

This week saw LandlordZONE's Paul Shamplina join forces with Landlord Sales Agency's David Coughlin in a packed webinar at The Ultimate Landlord Show. The two Landlord hea

Can I increase the rent?

Can I increase the rent?

Information

Its a sensitive time to be talking about increasing the rent, but the time will come when this question needs to be addressed </h4>Most landlords have done their utmost to help their tenants through the pandemic crisis, when they can afford it, but as the

The number of homeowners taking in lodgers triples over 10 years

The number of homeowners taking in lodgers triples over 10 years

News

Research into the value of the tax relief claimed using the Rent a Room scheme shows huge take-up. </h4>Since 2009, the total value of relief declared as a result of the governments Rent-a-Room Scheme has increased by 187%, according to the latest availabl

Tickets going fast as Paul Shamplina joins Landlord Sales Agency’s David Coughlin for the first time in The Ultimate Landlord Show

Tickets going fast as Paul Shamplina joins Landlord Sales Agency’s David Coughlin for the first time in The Ultimate Landlord Show

Sponsored

It's the upcoming online event that's got everyone talking, and with just days to

Labour launches all-out assault on government's private rented sector policies

Labour launches all-out assault on government's private rented sector policies

News

New shadow housing minister Lucy Powell has taken aim at the governments failure to protect renters, leaseholders, first-time buyers and local communities, in her maiden speech in the role. During a debate on affordable and safe housing, she told the Commons that its housing

Deposit warning: Landlord narrowly avoids �83,760 fine after failing to protect

Deposit warning: Landlord narrowly avoids �83,760 fine after failing to protect

News

Given that the deposit protection rules were introduced in 2004, most landlords are aware of them by now, but people still fall foul of the rules, says Tom Entwistle. The legislation introduced by the Housing Act 2004 gives tenants and their

Landlord's plea: Why won't police help me evict drug-dealing tenant?

Landlord's plea: Why won't police help me evict drug-dealing tenant?

News

A landlord whos been waiting for a court to hear his application to evict a drug-dealing tenant for more than a year fears his case could be further delayed due to a lack of police co-operation, he has told LandlordZONE . CCTV captured the woman letting

Portfolio Landlords: Now is the time to sell your properties for the best price

Portfolio Landlords: Now is the time to sell your properties for the best price

Opinion

By David Coughlin, CEO, Landlord Sales Agency

How Rick Gannon went from career break to £7m HMO portfolio

How Rick Gannon went from career break to £7m HMO portfolio

News

Rick Gannon became an accidental landlord when his first property was in negative equity and decided to rent it out. Fast-forward a few years and he and wife Lorraine had made a substantial amount on the sale so decided to use the proceeds to buy other properties to rent wit

Salford to begin huge new £1,085-per-property HMO licensing scheme

Salford to begin huge new £1,085-per-property HMO licensing scheme

News

Salford has given the go-ahead to a new licensing scheme for smaller HMOs in response to a rise in safety problems and resident complaints. The scheme covering the entire city - takes effect on 19th July and costs landlords �1,085 to licence shared homes where three or four

Suspended sentence for banned engineer who issued fake Gas Safe certificate

Suspended sentence for banned engineer who issued fake Gas Safe certificate

News

A banned boiler engineer has narrowly avoided jail after producing a fake Gas Safe certificate for a landlord. Jeffrey Lewis, 74, of Ashbourne Road, Cheadle, was asked by a landlord to repair a tenants boiler but failed to tell him he had been banned from carrying out gas wor

Plans to outlaw landlords who refuse to rent to tenants with children

Plans to outlaw landlords who refuse to rent to tenants with children

News

Jersey has launched a consultation over plans to outlaw landlords who refuse to rent to tenants with children. Social security minister deputy Judy Martin hopes to amend the Discrimination Law 2013 to protect families looking for homes on the island, which currently doesnt pr

LATEST: Liverpool begins huge HMO licensing push

LATEST: Liverpool begins huge HMO licensing push

News

Liverpool City Council has clamped down on HMO conversions as it launches a new assault on the private rented sector. Under a new Article 4 direction, any size home in the city centre will need planning permission to be converted into an HMO from 17th</s

BREAKING: Treat Hong Kong arrivals with care when checking Right to Rent, Minister warns

BREAKING: Treat Hong Kong arrivals with care when checking Right to Rent, Minister warns

News

The government appears to have admitted it has concerns about landlords discriminating against the potential influx of Hong Kong residents. Home Office Minister Baroness Williams of Trafford advised landlords to be careful when doing Right to Rent checks on inbound Hong Kong res

Forum Q&A: Early termination fees & invoices explained

Forum Q&A: Early termination fees & invoices explained

Information

Early termination fees and invoice questions answered—your top forum concerns, sorted.

REVEALED: Why not all EPCs are created equally

REVEALED: Why not all EPCs are created equally

News

Getting a good EPC rating is important for rentals to meet the MEES regulations, and in future even higher ratings will be demanded, but this can be a challenge for some landlords� Since October 2008, rental properties in England and Wales have been required to

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Cuckoos: not just a springtime problem but a year-round threat

Cuckoos: not just a springtime problem but a year-round threat

News
News
Podcast
Opinion
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Information

Landlords should be on the lookout for the growing threat of cuckooing, which can jeopardise both their property and tenant safety.

Renters are just 'working for their landlords' as housing shortages bite - claim

Renters are just 'working for their landlords' as housing shortages bite - claim

News
News
Podcast
Opinion
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Information

Renters in England worked 125 days of the year solely to pay their rent, says The Adam Smith Institute.

Nottinghamshire landlord fined £17,500 after ignoring licencing scheme

Nottinghamshire landlord fined £17,500 after ignoring licencing scheme

News
News
Podcast
Opinion
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Information

A Nottinghamshire landlord has been fined £17,500 after local council officers discovered he was operating two properties without a licence.

Rents have risen 35% since 2020 reveals latest lettings index

Rents have risen 35% since 2020 reveals latest lettings index

News
News
Podcast
Opinion
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Information

Rental prices could increase by almost 20% over the next 12 months, putting the country in a cost of renting crisis, warns one lettings boss.

Ousted Scots minister tells SNP to honour rent controls plan

Ousted Scots minister tells SNP to honour rent controls plan

News
News
Podcast
Opinion
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Information

Ousted tenants right minister Patrick Harvie has urged the SNP’s new leader John Swinney to honour the government’s Bute House pledge to deliver rent controls and stronger tenant rights.

Renting reforms 'to outlaw rent in advance' claims expert

Renting reforms 'to outlaw rent in advance' claims expert

News
News
Podcast
Opinion
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Information

Landlords could find themselves in a legal tangle when asking for rent in advance if the Renters Reform Bill goes forward as drafted.

Government reforms undermining landlord confidence, says big firm

Government reforms undermining landlord confidence, says big firm

News
News
Podcast
Opinion
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Information

A leading letting agency in London has claimed that the Government’s Renters (Reform) Bill going through parliament, along with promises by Labour to go even further than the Tories if they gain power, are eroding landlord confidence in the private rented sector.

Letting agency to appeal banning order that will close it down

Letting agency to appeal banning order that will close it down

News
News
Podcast
Opinion
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Information

A letting agency in Liverpool has vowed to appeal a banning order successfully sought by the city’s council after the firm was found to have been operating unlicenced HMOs.

Think about how an Energy Efficient Home Design will improve your tenant’s lives

Think about how an Energy Efficient Home Design will improve your tenant’s lives

Information
News
Podcast
Opinion
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Information

Improving your rental properties will make your property more efficient, easier to let and get your tenants to stay longer

Disgruntled landlords threaten licensing scheme boycott

Disgruntled landlords threaten licensing scheme boycott

News
News
Podcast
Opinion
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Information

Landlords in Middlesbrough have vowed to fight plans to expand selective licensing and a fee hike.

Landlord pays high price for ignoring mouldy bedroom

Landlord pays high price for ignoring mouldy bedroom

News
News
Podcast
Opinion
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Information

A landlord who failed to remove dangerous mould from a children’s bedroom has been handed a £10,451 fine.

Landlord's flood planning saves tenants from water surge

Landlord's flood planning saves tenants from water surge

News
News
Podcast
Opinion
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Information

A landlord living in Shropshire’s largest block of flats has vowed to stay put, despite his neighbours moving out during serious flooding.

REVEALED: Socialist Party's extreme plans for housing market

REVEALED: Socialist Party's extreme plans for housing market

News
News
Podcast
Opinion
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Information

The Socialist Party has called for rent controls, compulsory control of private landlords and the nationalisation of house builders.

MAYOR: "Days of bad landlords being untouchable coming to end"

MAYOR: "Days of bad landlords being untouchable coming to end"

News
News
Podcast
Opinion
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Information

Greater Manchester mayor Andy Burnham has warned rogue landlords that they will soon have nowhere to hide.

Is the UK Government shunning its own advice?

Is the UK Government shunning its own advice?

News
News
Podcast
Opinion
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Information

The Military is shunning heat pumps in favour of cheaper to install cutting-edge electric boilers in homes

Short lets and assisted living 'hottest tickets' for 2024 - claim

Short lets and assisted living 'hottest tickets' for 2024 - claim

News
News
Podcast
Opinion
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Information

Landlords are being encouraged to consider adding lucrative short lets and assisted living developments to their property portfolios this year.

Data regulator warns landlords and agents over privacy rules

Data regulator warns landlords and agents over privacy rules

News
News
Podcast
Opinion
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Information

Landlords and letting agents have been warned to be more careful when handling tenants’ personal data under GDPR rules.

Huge Right to Rent fines for landlords to go live on 22nd January

Huge Right to Rent fines for landlords to go live on 22nd January

News
News
Podcast
Opinion
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Information

Steeper fines for landlords flouting Right to Rent rules in England come into force on 22nd January.

New selective licences will be 'tied to tackling anti-social tenants'

New selective licences will be 'tied to tackling anti-social tenants'

News
News
Podcast
Opinion
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Information

Middlesborough Council has launched a consultation into plans to extend a selective licensing scheme in parts of its Newport ward.

Private rental sector is 'broken' claims Shelter boss

Private rental sector is 'broken' claims Shelter boss

News
News
Podcast
Opinion
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Information

The PRS is “broken” according to Shelter, which claims lone parents are bearing the brunt of the housing crisis.

Acorn apologises over two 'incorrect' claims about NRLA

Acorn apologises over two 'incorrect' claims about NRLA

News
News
Podcast
Opinion
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Information

Lobbying group Acorn has issued a statement apologising for incorrectly accusing the National Residential Landlords Association (NRLA) of ‘campaigning against the abolishment of Section 21 evictions’.

BTL investment firm takes down adverts following investigation

BTL investment firm takes down adverts following investigation

News
News
Podcast
Opinion
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Information

A BTL investment firm has had its wrist slapped by the Advertising Standards Authority (ASA) for potentially misleading landlords over its prices.

Derby latest city to clamp down on growth of HMOs

Derby latest city to clamp down on growth of HMOs

News
News
Podcast
Opinion
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Information

Councillors in Derby hope to get tougher on HMO landlords by introducing an Article 4 direction in the city.

Landlord reveals highly unusual route into BTL investment

Landlord reveals highly unusual route into BTL investment

News
News
Podcast
Opinion
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Information

A landlord in Somerset has revealed his highly unusual path to becoming a buy-to-let investor.

Are you? 144,000 landlords facing higher mortgage costs in 2024

Are you? 144,000 landlords facing higher mortgage costs in 2024

News
News
Podcast
Opinion
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Information

More than 144,000 private landlords coming to the end of five-year fixed deals face re-mortgaging at starkly higher rates in 2024.

Landlord pins rising rents on new selective licencing fees

Landlord pins rising rents on new selective licencing fees

News
News
Podcast
Opinion
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Information

Nottingham benefits landlord Mick Roberts has blamed the city’s licensing schemes for rising rents and homelessness.

Manchester reveals £86,000 landlord fines as it seeks more licencing

Manchester reveals £86,000 landlord fines as it seeks more licencing

News
News
Podcast
Opinion
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Information

Manchester Council has revealed penalties of more than £86,000 handed to landlords under previous selective licensing schemes to justify expanding it to nine more areas.

Landlord wins key legal case over 'unworkable' prohibition orders

Landlord wins key legal case over 'unworkable' prohibition orders

News
News
Podcast
Opinion
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Information

A landlord has won an unusual Tribunal victory after their local council tried to prevent a property being rented out because, it alleged, its spiral staircase was too dangerous for workmen over 60 years old to use.

Leading landlord receives MBE in New Year Honours List

Leading landlord receives MBE in New Year Honours List

News
News
Podcast
Opinion
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A leading landlord has received an OBE within the New Year Honours List along with one other property figure.

Hundreds of landlords duped into illegal tax avoidance schemes

Hundreds of landlords duped into illegal tax avoidance schemes

News
News
Podcast
Opinion
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Information

As much as £100 million in tax avoidance could have disappeared before taxation expert Dan Neidle of Tax Policy Associates (TPA) “blew the whistle” on the schemes

Student landlords facing 'horrendous' situation over reforms

Student landlords facing 'horrendous' situation over reforms

News
News
Podcast
Opinion
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Information

The Tory Government’s assault on the student accommodation sector will see the number of private landlords operating within it halve by 2033, it has been claimed.

Higher costs and eviction reform worrying hard-pressed landlords

Higher costs and eviction reform worrying hard-pressed landlords

News
News
Podcast
Opinion
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Information

Landlords are becoming increasingly worried about both rising costs and the Government’s plans to scrap ‘no fault’ Section 21 evictions next year, it has been claimed.

Shelter refutes claim it has 'become too big'

Shelter refutes claim it has 'become too big'

News
News
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Opinion
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Information

Shelter has told a BBC TV show that the organisation has not become too big.

Merry Xmas - here's a bit of festive landlord poetry fun!

Merry Xmas - here's a bit of festive landlord poetry fun!

News
News
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A very Merry Christmas to all our readers from the LandlordZONE editorial team.