Long Term AST - My prospective tenant has asked for a tenancy term of 6 years. Can I use the usual Assured Shorthold Tenancy agreement for this?</h2> The Assured Shorthold Tenancy is the default tenancy for residential lettings and since October 2010 this applies to rents up to �100,000
Question: How long should accounts be kept to satisfy the authorities, things like accounting files, invoices and tax records, as a property landlord?Answer: You must keep your records for 6 years after the tax year to which they apply, whether or not you complete a tax return.It's a good idea, a
Expiry of Section 21 Notice - I have served a Section 21 (s21) Notice on my tenant but don't wish to start proceedings immediately. Can I wait without the notice expiring?Once a Section 21 notice has been served correctly it continues indefinitely, until such time as the tenancy is ended, either
Covenant and Covenant Strength - What is a legal covenant and what is the significance of the terms in relation to rental property and lettings ?</h2>The term covenant can have several meanings and has biblical origins but it is of particulalry significance
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
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
What is a clean and tidy house to some is and unacceptably dirty mess to others; people have different standards and this will never change. Alternatively, some tenants are just too lazy to leave the place clean and tidy: dirty carpets and furniture, filthy bathrooms and toilets, and kitchen work
In every tenancy there is an implied right if not an express covenant that promises that the tenant is able to possess the premises, not just without noise, quiet enjoyment� as the term implies, but in peace and without without disturbance by hostile claimants�, including from the
If you're a landlord and you haven't yet heard of us here at <a rel="noreferrer noopener" href="http://www.national-residential.co.uk/" target="_blank">National Re
Landlords have slammed the registration and licensing authority that regulates the private rented sector in Wales, taking the organisation to task for a range of failings. Rent Smart Wales was set up https://www.landlordzone.co.uk/news/starting-date-for-rent-smart-wales
The Government thinks that the risk of money laundering taking place in estate agency is on the rise, especially in high-end lettings - the top 5% of lets in value. However, there is a lot of uncertainty as to the full scale of money laundering in lettings says ARLA Propertymark. <p id="
In Beaumont Business Centres Ltd v Florala Properties Ltd (2020) the High Court considered the legal position regarding a serviced office providers right to light following an adjoining apathotel development. Beaumont Business Centres Limited took out an injunction against Fl
In this case - Duval v 11-13 Randolph Crescent Ltd - reached the Supreme court in May 2020 after a tenant in a block of flats had requested the landlords consent for alterations, but disputed by another tenant in the same block, objecting to the landlord giving consent. Under
Whatever their politics, many landlords are wondering why successive Conservative governments have proved to be so hostile to buy-to-investors, given its former party of the landlord moniker. This includes the 3% stamp duty increase, Section 24 tax relief reductions, the a
David Coughlins journey from the son of an unemployed Bootle docker to a 100-property portfolio landlord is one of the private rental markets more extraordinary journeys. Now pushing fifty years old, it was in his mid-20s that he began investing in property. Co
Minister explains why pet damage insurance will not be mandated, and says current deposit of five weeks 'enough'.
A gang of cannabis farm operators, drug dealers and people smugglers have been jailed.
Wigan council says rise in number of smaller HMOs within its borders means new powers to scrutinise new applications are needed.
The practice of property flipping to make a profit is under serious threat from both higher tax and lower house price rises.
Awaab’s Law: What it means for private landlords and the future of property standards
The Renters' Rights Bill now looks more likely to be passed before the summer recess.
HMO landlords face paying out £1,570 for a licence when Camden Council renews its additional scheme in December.
A new body will help decide rents in a bid to prevent over-loading the tribunal service with rent disputes.
A landlord has been found guilty of illegally letting two ‘party flats’ after neighbours complained about excessive noise.
Lobbying group says tenant Bridget Chapman's experiences of a sudden rent rise is proof controls are needed.
The Government has increased its support for tenants who face eviction as its looming reforms bring in greater rights for private
A landlord who thought he could ignore council warnings over his property has been fined £10,000.
Labour has revealed more details of the new minimum standards private landlords will have to meet.
AdvoCATS has launched initiative after Labour decided inexplicably not to allow landlords to require tenants to take out pet insurance.
Lord Hacking tells housing minister Government is 'plain wrong' in its insistence on banning fixed-term tenancies.
Government reveals it is about to consult on a new Decent Homes Standard that will apply to private as well as social landlords.
Housing minister says asking students to commit before Christmas to a tenancy the next year is unfair.
The LandlordZONE podcast invites one of the agents who has been leading the charge to temper Ministers' reforming zeal.
The bill is designed to afford tenants more protections, but could it lead to them being ‘forced out’ of their homes?
The HMO that AM PM Estates managed in Slough was found to be dirty and in a poor state of repair inside and out, including a
More landlords are selling up than buying new properties to rent, a new Savills report highlights.
The Government has, following feedback from various property and other industry bodies, delayed the 'big switch off'.
In an unusual move, a Midlands local authority has added the four men to the national rogue landlords database.
Robust tenant referencing will be increasingly important for landlords when the Section 8 process becomes more protracted.
