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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

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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?

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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

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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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FINES: Repeat offender to pay £49,000 over HMO safety failures

FINES: Repeat offender to pay £49,000 over HMO safety failures

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News
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A management company has been ordered to pay out more than £49,000 for fire safety failures at an HMO. Monsoon Properties Ltd admitted breaches relating to a range of issues at the flat in Londons Tavistock Place, including inadequate fire detection system, obstructions to t

MARKET: High rents consign younger tenants to the house of mum and dad

MARKET: High rents consign younger tenants to the house of mum and dad

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News
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First-time renters accounted for just 4.6% of new tenancies during the first five months of the year, as more would-be tenants rely on the hotel of Mum and Dad. With average monthly rents topping �1,000, young adults can save �12,290 by living rent-free with their parents each

LATEST: Bailiff freeze spreads to another big County Court in London

LATEST: Bailiff freeze spreads to another big County Court in London

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News
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A large County Court in London has written to its legal clients to warn them that some of their scheduled evictions face being cancelled or rescheduled. The announcement has been made by the Civil and Family Court in Barnet (main picture), one of the major hubs handling eviction

Landlord defeats HUGE rent repayment claim by tenants who owe HER �17k

Landlord defeats HUGE rent repayment claim by tenants who owe HER �17k

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News
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A landlord in Dartford has batted off a huge rent repayment order (RRO) claim made by her tenants after a judge dismissed the case during a virtual Property Tribunal hearing. Manjit Sanghera, who co-manages the family detached property on the outskirts of the Kentish town with h

Campaigners call for crack down on failing PRS properties and landlords

Campaigners call for crack down on failing PRS properties and landlords

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News
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Campaigning group the London Renters Union is targeting landlords in London by urging councils to come down much harder on failing properties. It has launched an action plan in Brent, detailing how the local authority should hold landlords accountable for more than 10,000 privat

Quitting landlords could fuel further drop in house prices

Quitting landlords could fuel further drop in house prices

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News
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Buy-to-let landlords will influence https://www.landlordzone.co.uk/sponsored/what-do-the-falling-house-prices-mean-for-landlords/" house prices if a large number choose to sell up, according to rating agency Moodys. The firm is predicting that prices will f

Holiday home owners top the rental income chart

Holiday home owners top the rental income chart

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News
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The average annual https://www.landlordzone.co.uk/news/battle-over-holiday-lets-hots-up-as-campaigning-mp-holds-meeting/" holiday let income exceeded buy-to-let income for the first time in 2020-21, reaching �15,600 compared with �13,400, according to HMRC.

Edinburgh Council forced to go back to drawing board over licensing

Edinburgh Council forced to go back to drawing board over licensing

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News
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Short-term let landlords in https://www.landlordzone.co.uk/news/edinburgh-chief-admits-burdensome-licencing-plan-will-hugely-reduce-holiday-lets/" Edinburgh have won their legal case against the councils licensing scheme. In the biggest crowdfunded case in

Surveyors report surge in landlords selling up across UK

Surveyors report surge in landlords selling up across UK

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News
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Almost two-thirds of surveyors have witnessed rising numbers of buy-to-let landlords looking to sell their properties. The https://www.rics.org/" Royal Institute of Chartered Surveyors (RICS) reports that a similar number have seen a drop in the level of inter

Offering sex for rent should be ‘specific offence’ say tenant campaigners

Offering sex for rent should be ‘specific offence’ say tenant campaigners

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News
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The government is being urged to bring in a dedicated ‘sex for rent’ law to protect tenants after it promised to clamp down on predatory adverts.

Higher rents caused by more landlords than usual quitting says Bank of England

Higher rents caused by more landlords than usual quitting says Bank of England

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News
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The Bank of England has blamed higher rents on more landlords than usual quitting the private rental market within its detailed quarterly report on the economy.

REVEALED: What the boiler replacement scheme change means for landlords

REVEALED: What the boiler replacement scheme change means for landlords

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News
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Landlords have more of an incentive to make green improvements following PM Rishi Sunak’s announcement that they can now claim £7,500 for a heat pump installation.

Short-let landlords in London 'must be regulated and taxed more' says Westminster

Short-let landlords in London 'must be regulated and taxed more' says Westminster

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News
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Westminster City Council has repeated its calls for a compulsory registration scheme for short-term lets, a tax on overnight stays and powers to issue penalties to unregistere

Offering sex for rent should be 'specific offence' say tenant campaigners

Offering sex for rent should be 'specific offence' say tenant campaigners

News
News
Podcast
Opinion
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Information

The government is being urged to bring in a dedicated �sex for rent' law to protect tenants after it promised to clamp down on predatory adverts.

UPDATED:Brighton looks to licence 23,000 properties under massive new scheme

UPDATED:Brighton looks to licence 23,000 properties under massive new scheme

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News
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Brighton & Hove Council hopes to introduce a huge selective licensing scheme that would eventually cover 17 of the city’s 23 wards.

Unusual council deal agreed to help tenants claim cash off landlords

Unusual council deal agreed to help tenants claim cash off landlords

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News
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York Council has teamed up with Justice for Tenants (JFT) to help more residents claim rent repayment orders from errant landlords in what is claimed to be a ‘ground-breaking partnership’.

Council signs up campaign group to help tenants claim rent back from landlords

Council signs up campaign group to help tenants claim rent back from landlords

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News
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York Council has teamed up with Justice for Tenants (JFT) to help more residents claim rent repayment orders from errant landlords in what is claimed to be a 'ground-breaking

Big council to regulate more HMOs despite landlord criticism of inspection regime

Big council to regulate more HMOs despite landlord criticism of inspection regime

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News
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Haringey Council has given the green light to an additional HMO licencing scheme consultation.

Landlords to be stopped from renting out HMO rooms as holiday lets

Landlords to be stopped from renting out HMO rooms as holiday lets

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News
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North Devon Council could close a loophole that allows HMO landlords to rent out their rooms as holiday lets.

Brum council: ‘We’re bankrupt but still enforcing new selective licencing scheme’

Brum council: ‘We’re bankrupt but still enforcing new selective licencing scheme’

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News
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Birmingham Council has confirmed to LandlordZONE that its selective licensing scheme will continue to be enforced despite its dire financial situation.

A few simple tricks can prevent your property being sold off under your nose

A few simple tricks can prevent your property being sold off under your nose

Opinion
News
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So called title fraud is on the rise, where someone steals your identity, transfers your property title and either mortgages it or sells it off

REVEALED: Full details of Rishi’s U-turn on boiler ban and EPC rules

REVEALED: Full details of Rishi’s U-turn on boiler ban and EPC rules

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News
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Rishi Sunak has made a speech rowing back on several key green policies that were to cost landlords thousands but that were part of his key Net Zero pledges.

‘Landlords due millions of pounds in returned stamp duty overpayments’

‘Landlords due millions of pounds in returned stamp duty overpayments’

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News
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Scores of landlords could be owed thousands of pounds in stamp duty overpayments, according to a specialist tax firm.

PM’s re-think on emissions targets inspired by EU changes

PM’s re-think on emissions targets inspired by EU changes

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News
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The PM is considering scaling back the Government’s green pledges by delaying the ban on new petrol and diesel cars from 2030 to 2035 and slowing the phase-out of oil and gas boilers.

Landlords urge Welsh Government to ditch rent control proposals

Landlords urge Welsh Government to ditch rent control proposals

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News
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The NRLA has urged the Welsh government to ditch rent control proposals as the worst possible idea for a PRS facing a chronic supply and demand crisis.

Property management firm faces huge fine after tenants rescued from fire

Property management firm faces huge fine after tenants rescued from fire

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News
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A property management firm and its fire risk assessors face a hefty fine for fire safety breaches following a blaze which saw 17 people evacuated.

Landlord relief as Sunak backs off green targets

Landlord relief as Sunak backs off green targets

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News
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Sunak to U‑turn on boiler ban & ditch EPC fines for landlords, easing thousands in green‐policy costs.

LATEST: Landlords who don't protect tenants' deposits face prosecution in Jersey

LATEST: Landlords who don't protect tenants' deposits face prosecution in Jersey

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News
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In an unusual move the Jersey government is to give local authorities on the island more powers to prosecute landlords who do not protect tenants' deposits within the 30 day

Landlord fined £32,000 after creating hazardous conditions within illegal flats

Landlord fined £32,000 after creating hazardous conditions within illegal flats

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News
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A rogue landlord who ignored fire risks and serious hazards at his flats and caravans has been fined £32,000.

‘Government policies stifling competition and bad for tenants’ says landlord

‘Government policies stifling competition and bad for tenants’ says landlord

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Landlords can effectively now charge what they like as the government’s draconian policies are stifling competition, says Nottingham benefits landlord Mick Roberts.

Landlords who don’t protect tenants’ deposits face prosecution in Jersey

Landlords who don’t protect tenants’ deposits face prosecution in Jersey

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News
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In an unusual move the Jersey government is to give local authorities on the island more powers to prosecute landlords who do not protect tenants’ deposits within the 30 days required, it has been reported. A tenant deposit protection scheme was introduced on Jersey in 2015 and landlords, as in mai

‘Crumbling eviction courts must be fixed before renting reforms go live’

‘Crumbling eviction courts must be fixed before renting reforms go live’

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The National Residential Landlords Association has warned the Government that the crumbling courts system for evictions will undermine its hoped-for reforms of the private renting sector unless they are reformed.

Landlord fined £10,000 after ignoring tenants' calls to fix boiler

Landlord fined £10,000 after ignoring tenants' calls to fix boiler

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A landlord who ignored his tenants' pleas to fix their boiler during sub-zero temperatures has been ordered to pay out nearly �10,000 in fines and compensation.

Ministers have ‘needlessly spooked’ landlords with renting reform plans

Ministers have ‘needlessly spooked’ landlords with renting reform plans

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A leading buy-to-let mortgage broker has said the Government has ‘needlessly spooked’ landlords with its rhetoric designed to ‘curry favour with tenants’.