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
Obtaining Possession - Section 21 Notices: This article explains how to gain possession of your residential rental property in the most efficient way. You may just want your property back for your own use, or to sell, or you may be having problems with the tenant, such as re
A rogue landlord has been handed a hefty fine for renting out a dangerous and mouldy property his second in two years. Hazmar Fauz, of The Avenue in Welwyn, admitted several serious defects at the house in London Road, Luton, when he appeared before magistrates and was fined
Letting agents urge govt to annually increase Local Housing Allowance to at least the 30th percentile, helping benefits tenants afford rising rents.
Rising rents and frozen Local Housing Allowance (LHA) rates mean that more and more tenants on low incomes cant find an affordable place to live. Whats more, for those lucky enough to find a rental that they can afford, invariably they will cost more to run.
The Renters Reform Bill wont lead to a mass landlord exodus as an army of youngsters are already starting to take older investors place. The https://www.thepropertysourcingcompany.co.uk/" Property Sourcing Companys poll of its 3
The Heat Pump Association (HPA) wants the government to firm up a date for phasing out traditional gas boilers as UK heat pump installations continue to trail the rest of Europe. The governmentshttps://www.gov.uk/government/publications/heat-and-buildings-strategy" i
Universal Credit expert Bill Irvine says the DWP is using the benefits cap as a reason to halt Alternative Payment Arrangements (APA) which goes against previous advice from the departments boss. In a letter to Irvine, at https://universalcreditadvice.com/our-service
A landlord in Mansfield has been ordered to pay a �17,000 penalty after renting out a sub-standard and unlicensed HMO. The landlord, who was investigated by Mansfield District Council officers after a complaint about alleged overcrowding, was found not to
Landlords and student groups have teamed up to tidy Leedss streets during student changeover week. The city hosts about 37,000 students, the vast majority of whom will move house each year at the same time, leaving behind large amounts of rubbish, overflowing bins, furniture
A twenty-something entrepreneurial pair aim to shake up the HMO sector by building on their upmarket guaranteed rent model. Liverpool-based Cosi Living founders Joe Duggan , 24 and Olivia Maher , 25, (main picture) only rented their fi
Commercial Leases: When leasing a commercial property, its important to know where your responsibilities as a landlord
Councils in Suffolk are embarking on an unusually collaborative approach that’s set to improve the county’s PRS homes and is understood to be the first to go ahead with such a scheme.
Locals in a Norfolk seaside village have voted to ban people from buying second homes in a bid to help locals find affordable properties.
A tax avoidance scheme being marketed to private landlords ‘will not work’ and could lead those who take them paying more tax in the long run, HMRC has warned.
A fire risk assessment is a mandatory requirement for HMOs and some commercial landlords
Rental prices will continue to increase during the next three months, predicts agent Knight Frank which has revised its growth forecasts for 2023 to 6.5%, with a further 5% expected in 2024.
The gloves are off among landlords after NRLA chief Ben Beadle today said figures showing 25 tenants chasing each available rental property are proof Tory policies have been a ‘failure’.
The Scottish government’s PRS reform consultation does not give landlords and agents the ability to get their views across, according to the boss of automated rental payment firm PayProp UK.
Manchester landlords look set to face more selective licencing after the council revealed it was recruiting a project manager to research new licensing areas.
A rogue landlord has been handed the maximum £30,000 fine after 17 people were found living in a four-bedroom house which posed a fire risk to its vulnerable tenants.
Generation Rent has labelled Rishi Sunak’s EPC upgrade U-turn as “cruel, disproportionate and reckless”, forcing many renters to suffer poor health in cold homes for years to come.
Bath has made the unusual decision to ditch its additional licensing scheme because it has done such a good job of improving standards.
A slum landlord in Sheffield has been given the longest banning order ever after being prevented from managing or letting properties for ten years.
A novel rent-to-buy home purchase scheme has been set up to help renters become homeowners.
The full history of landlords is lost in the mists of time, but much of modern property law - throughout the English speaking world - stems from over 1,000 years of English legal history.
Millions of renters living in damp and run-down properties are suffering worsening mental and physical health, new research by homelessness charity Shelter suggests
Three brothers who violently attacked vulnerable tenants at their father’s rental properties in Bedford have been handed a combined jail term of 31 years.
Housing minister Rachel Maclean has confirmed that a proposed housing court for landlords to help speed-up the evictions process is ‘definitely off the table’.
A “bumbling amateur” landlord who imposed restrictive rules on tenants in his unlicensed HMO has been hit with a £27,500 Rent Repayment Order.
A landlord couple have been ordered to pay a Rent Repayment Order reduced by £6,000 but will still have to fork out £21,000 between them in fines.
Housing minister Rachel Maclean has sought to reassure landlords that they will still be able to evict troublesome tenants or those who build up rent arrears during an event at the Conservative Party Conference in Manchester.
Landlords in Scotland can have their say on radical PRS reforms that would bring in rent controls, delay evictions and allow tenants to have pets.
Labour is planning a “devastating” multi-billion pound inheritance tax raid, which could affect family businesses and in particular farming families.
Michael Gove has confirmed that the Renters (Reform) Bill is to get its second reading within the next three months, scotching hopes among some landlords that the legislation might have been kicked into the long grass.
The government has published its latest and legally required How to Rent guide with details on the new Housing Loss Prevention Service.
