Tax Relief: Starting from 6th April 2017, those landlords with mortgages will have tax relief on their buy-to-let mortgage costs gradually reduce over a 4-year period.Many landlords dont have a mortgage (up to 50% it is said), so this change does not affect them, but many
Rent Arrears: At this time of year, soon after the Christmas spending spree, inevitably rent payments begin to suffer. If you are having problems with rent arrears, this article should help.As in most areas of life,prevention is better than cure . To re
Tax Return 2016-2017: As a general rule, and as outlined in the previous articles in this series on tax returns, landlords can claim the expenses of running and maintaining their rental properties.If the rent you charge includes additional services like water, or council tax
Tax Return 2016-17: With some costs its very easy to decide: a repair to a drain, downspout or roof tile are all allowable expenses, but what about replacing a broken single glazed window with a new plastic frame and double glazing, what about decorating and installing a
Penetrating damp, just as its name implies, is where water leaks into a building from outside the structure, through the walls or roof. Less common is where an internal leak from a water or drain pipe leaks into the structure of the building.Common causes of penetrating damp are: <ul <l
Fire Regulations in Rentals: There are several regulations relating to fire safety within rental dwellings; some affect all dwellings whereas others apply mainly to Houses in Multiple Occupation (HMO).This looks complicated, but fire safety management in reality boils down t
Damp & Mould: You may have seen or heard of the 1970s TV series Rising Damp, which featured a landlord and his tenants (lodgers in this case) which rather implies that all rental properties are troubled with this kind of damp.Far from the case, but some are. In fact the
Renting Standards: Specialist residential property solicitor Amanda Sutcliffe of Bray & Bray looks at the importance of keeping a rental property in good condition.Research conducted by Endsleigh Insurance and TrustMark claimed that over 75% of landlords s
Sub-Letting Licenses: (SOLITAIRE) LIMITED Appellant and CHERRY LILIAN NORTON and other cases [2012]Landlords of leasehold buy-to-let flats are often asked to pay a fee (sub-letting licence or registration fee) to the freeholder when seeking permission to sub-let their flat,
Validity of Section 21 Notice: Amak Property Investments v Laura Sonny [2016]This case was an appeal by the tenant following a county court judgement relating to the validity of a s21 notice on the basis that the landlord had not complied with the deposit protection (MyDepo
Essential guide to rent reviews: why reading the lease is crucial for landlords and tenants to navigate rent adjustments effectively.
Tenant Agreement: The Law of Property Act 1925 talks about having a maximum of 4 tenants on an agreement. So what to do when you have 5, 6 or more tenants sharing a house?There is a common misunderstanding of the rules here. Landlords and agents sometimes think or have heard
Advance Rent: Piggot v Slaven and Johnson v. OldThere are two important cases which clarify (though not necessarily decisively) the position on landlords accepting rent payments in advance. One concerns the accepting of the final two months rent in advance, a common devi
Following some confusion and debate about a deferral for the new standards following the MEES* deadline in April 2018, the new government has confirmed that changes to the EPC rules, preventing landlords from renting out homes below rating E, will definitely be introduced from April 2018.Accordin
Responsibility for Repairs: Who is responsible and who is obliged to pay for repairs to leasehold blocks and flats? What is the procedure if repairs are unnecessarily delayed or not carried out to the leaseholders satisfaction? What is the Section 20 procedure?T
Essential guide on how to conduct a rent review, covering key clauses and best practices to protect landlord and tenant interests.
Test Case Yeomans v Newell [2016]:When a landlord is in breach of the tenancy deposit rules he or she is prevented from serving a valid s21 notice for possession proceedings. Despite the fact that the tenancy deposit legislation has been in force since April 2007, landlords
Test Case: Superstrike Ltd v Marino. RodriguesThe case involved a landlord who had taken a deposit from the tenant before the deposit protection rules came into force in April 2007, since changed by the Deregulation Act 2015 see below. When the tenancy later became a st
We've all seen the news, with changes in regulations and tax and interest rate rises, landlords have been flocking to sell their property portfolios. But with so many properties, all full with tenants, some of them with problems, low rents or even rent skipping, how can you get out fast?
40 HMO operators convene at COHO's ManorMinds to discuss rising energy costs, exploring tech solutions and tenant education to manage bills.
Landlords financial contribution to upgrading properties in Wales should be linked to average market rents in any given area, suggests the NRLA . Under its proposals, landlords would need to contribute a minimum of �5,000, while those renting properties
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
The Military is shunning heat pumps in favour of cheaper to install cutting-edge electric boilers in homes
Landlords are being encouraged to consider adding lucrative short lets and assisted living developments to their property portfolios this year.
Landlords and letting agents have been warned to be more careful when handling tenants’ personal data under GDPR rules.
Steeper fines for landlords flouting Right to Rent rules in England come into force on 22nd January.
Middlesborough Council has launched a consultation into plans to extend a selective licensing scheme in parts of its Newport ward.
The PRS is “broken” according to Shelter, which claims lone parents are bearing the brunt of the housing crisis.
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’.
A BTL investment firm has had its wrist slapped by the Advertising Standards Authority (ASA) for potentially misleading landlords over its prices.
Councillors in Derby hope to get tougher on HMO landlords by introducing an Article 4 direction in the city.
A landlord in Somerset has revealed his highly unusual path to becoming a buy-to-let investor.
More than 144,000 private landlords coming to the end of five-year fixed deals face re-mortgaging at starkly higher rates in 2024.
Nottingham benefits landlord Mick Roberts has blamed the city’s licensing schemes for rising rents and homelessness.
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.
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.
A leading landlord has received an OBE within the New Year Honours List along with one other property figure.
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
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.
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 has told a BBC TV show that the organisation has not become too big.
A very Merry Christmas to all our readers from the LandlordZONE editorial team.
Are landlords to blame for our housing crisis, or are they on the receiving end of a very raw deal?
Scottish ministers have defended proposals to introduce minimum energy efficiency standards in the private rented sector by 2028.
A leading figure in the property world has pinned the blame for the UK’s rocketing rent rises on the Government, claiming that it’s absurd to accuse landlords and letting agents of profiteering from huge demand.
Octopus Energy is launching its first private rental properties in the new year, kitted out with solar panels, heat pumps, and home storage batteries, where tenants are guaranteed to pay no energy bills for a minimum of five years.
The government has given Peterborough Council the green light for its new selective licensing scheme, covering 40% of the city’s private rental properties.
