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Growing appeal of commercial property among landlords

Growing appeal of commercial property among landlords

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Growing numbers of landlords are moving into commercial property amid fears that the residential market is too challenging.

Landlords to be fined if tenants fail to control rubbish, warns council

Landlords to be fined if tenants fail to control rubbish, warns council

News

Sefton Council has threatened to get tough on private landlords if they don’t help tenants keep their rubbish under control.

Landlords less likely to win appeals after tribunal ruling on improvement notices

Landlords less likely to win appeals after tribunal ruling on improvement notices

News

Landlords are less likely to win their appeal against an improvement notice following an Upper Tribunal ruling.

Renters’ Rights bill “won’t affect landlords’ profits,” says tenant referencing firm

Renters’ Rights bill “won’t affect landlords’ profits,” says tenant referencing firm

News

The Renters’ Rights Bill won’t impact private landlords’ profits or slow rising rents, according to tenant referencing company FCC Paragon.

Landlord fined £11K for misleading tenants

Landlord fined £11K for misleading tenants

News

A landlord who hoodwinked her student tenants into paying higher deposits has been ordered to pay more than £11,000 in fines and costs.

Average monthly rents in Britain rise to £1,332, official data shows

Average monthly rents in Britain rise to £1,332, official data shows

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The average rent in Britain increased by 7.7% to £1,332 in the 12 months to March this year, official figures have revealed.

Inflation fall prompts hopes of an interest rate cut

Inflation fall prompts hopes of an interest rate cut

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A drop in the UK inflation rate has sparked hopes that it could prompt a cut in interest rates next month amid the threat of economic uncertainty.

Rental sector at risk of unworkable reforms, says NRLA

Rental sector at risk of unworkable reforms, says NRLA

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The rental sector risks being saddled with unworkable reforms unless the Government backs amendments proposed by peers, the NRLA has warned.

Landlord sell-off increasing ahead of Renters’ Rights Bill

Landlord sell-off increasing ahead of Renters’ Rights Bill

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An increasing number of properties are being sold by landlords, new databy TwentyEA reveals.

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Rent Review

Rent Review

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Question - Rent Review - my landlord is asking for far more rent than I expected on review. Am I obliged to pay this?Answer - Commercial leases are contractual - the parties agree to and are bound by its clauses and that includes rent review provisions.The rent review process is a way of periodic

Re-selling Energy

Re-selling Energy

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Re-selling Energy - As a landlord am I able to make a profit by re-selling electricity or gas?</h2>Resale of Gas and ElectricityThe maximum amount that Residential Landlords or resellers� are permitted to charge for gas or electricity is the amount they

Providing a Reference

Providing a Reference

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Providing a Reference - I have been asked to provide a reference for one of my tenants who is moving on. What is my legal position in this and am I putting myself at risk if I say he was a bad tenant?</h2> Referencing (seeking verification of a tenants past performance) is an increasi

Polystyrene Ceiling Tiles

Polystyrene Ceiling Tiles

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Polystyrene Ceiling Tiles - is it legal to have these tiles in the kitchen of a rental property?</h2> There are currently no regulations specifically banning the use of polystyrene ceiling tiles in existing rented property.However, it is unlikely that local authority fire officers and en

Misrepresentation

Misrepresentation

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Misrepresentation - We recently rented out our rural cottage to a couple. As they wanted to use their computers I said it was possible to get high-speed broad-band. I thought this would be possible but it seems it is not at this time. The couple are now claiming that I misled them and that

Mail for Previous Tenants

Mail for Previous Tenants

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I'm receiving mail for previous tenants and some of them are from debt collectors. Will this get my property black listed and cause problems for my current tenants and myself in the future?</h2> It's fairly common to have mail arriving for months and even years after residents have left,

Long Term AST

Long Term AST

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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

Lodgers Limits

Lodgers Limits

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Lodgers Limits - Is there any limit to the number of rooms I can rent out to lodgers, and are there any planning implications ?</h2> There are several parts of legislation in England and Wales that affect this question. Perhaps four main ones apply: Health &amp; Safety (HHSRS), HMO, Over

How long should accounts be kept

How long should accounts be kept

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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

Is it fair that councils can fine landlords even though they too break the law?

Is it fair that councils can fine landlords even though they too break the law?

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There is a burning issue within the rented homes market that is grossly unfair on private landlords and that is never discussed by politicians or the trade associations that o

Landlord to pay tenants £12,500 because 'innocence of law is no defence'

Landlord to pay tenants £12,500 because 'innocence of law is no defence'

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Being ignorant of landlord law is no defence, a brutal legal point that has cost a landlord duo in London dearly after they were told by judges to repay their tenants �12,500

Looming EPC changes already skewing the buy-to-let market, claims finance boss

Looming EPC changes already skewing the buy-to-let market, claims finance boss

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The Governments plans to force landlords to upgrade their properties to a minimum C energy efficiency standard is already affecting how rental properties are being purchased, the boss of a big money firm has claimed. Louisa Sedgwick, Commercial Director at Paragon Bank

City office space under threat as personified by Canary Wharf exodus

City office space under threat as personified by Canary Wharf exodus

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The pattern of office working is changing and nowhere is its effect on commercial property being felt more strongly than in Londons Docklands Canary Wharf. A once thriving financial centre The development of the wharf into a thriving financial centre just outsi

BREAKING: Gove green lights expensive new licencing scheme in Nottingham

BREAKING: Gove green lights expensive new licencing scheme in Nottingham

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Michael Gove has given Nottingham city council the green light to proceed with one of the UKs most expensive and controversial selective licensing schemes. Due to start on December 1st, it will require all rented properties within 20 of its wards to be licenc

Government is afraid EPC upgrades will be final straw for landlords, says big bank

Government is afraid EPC upgrades will be final straw for landlords, says big bank

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A leading lender believes the governments likely decision to row back on EPCs is linked to fears that it will hit an already struggling PRS. Earlier this week, Housing Secretary Michael Gove suggested a delay in bringing in energy efficiency plans for rental properties to

Property firm reports more landlords selling up as 'red tape' burden rises

Property firm reports more landlords selling up as 'red tape' burden rises

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Home buying company the Open Property Group (OPG) has reported a 56% jump in PRS property purchases during the past year, with landlords blaming red tape for their decision to sell up. It bought nearly �6 million worth of property from homeowners and landlords looking for a fas

Payday! Three tenants to share �20,000 after landlord fails to licence property

Payday! Three tenants to share �20,000 after landlord fails to licence property

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Three tenants have won a �20,160 rent repayment order from their landlord who failed to licence his HMO. A First Tier Property Tribunal found that Simon Freed let out the three-bedroom flat in Frognal Court, Camden (main picture), a

Scots Ministers avoid revealing how many landlords are seeking big rent rises

Scots Ministers avoid revealing how many landlords are seeking big rent rises

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The Scottish Government has decided not to publish details of how many landlords north of the border have applied to raise their rent above the 3% maximum allowed under the countrys Cost of Living (Tenant Protection) (Scotland) Act. This controversial legislation was first in

Landlords warned over increase in unauthorised and illegal sub-letting by tenants

Landlords warned over increase in unauthorised and illegal sub-letting by tenants

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Sub-letting is on the increase within the private rented sector as the cost of living crisis bites, it has been reported. Direct Line says nearly half of all tenants who sublet rooms within their property have not told their landlord or checked they are allowed to within their r

Council's desperate measures to stop landlords evicting tenants revealed

Council's desperate measures to stop landlords evicting tenants revealed

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Brent Council is paying a landlord to house the tenant he was trying to evict after failing to come up with any alternative accommodation. The authority paid the legal fees and took over responsibility for paying the rent as long as the landlord continued to let his tenant stay

BTR makes another leap forward with £1.26 billion invested in just three months

BTR makes another leap forward with £1.26 billion invested in just three months

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T The UKs build-to-rent (BTR) stock now stands at 88,100 completed homes, with a further 53,500 homes under construction and 111,800 in the planning pipeline. Savills research reveals that in the second quarter of the year, the sector saw a record-breaking �1.26

Landlord outcry over 'unfair' major Midlands selective licencing scheme

Landlord outcry over 'unfair' major Midlands selective licencing scheme

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Landlords in Birmingham have slammed the citys new selective licensing scheme which some claim is unfairly targeting ethnic communities. The scheme, which took effect at the beginning of June, affects all landlords in 25 of the citys wards which have more than 20% of rente

'Stop demonising landlords, it's just not helping the situation'

'Stop demonising landlords, it's just not helping the situation'

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Be careful what you wish for� is the point I would put to organisations such as Shelter, Generation Rent and other tenant groups.&nbsp; In other words, stop demonising landlords - its not helping the situation especially when we have such a severe rental stock crisis.&

No need to evict! We sell buy-to-lets in 28 days to new landlords who want to keep your 'fireproof'� tenants

No need to evict! We sell buy-to-lets in 28 days to new landlords who want to keep your 'fireproof'� tenants

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Theyve been dubbed fireproof tenants� news this week reached fever pitch for landlords who rallied together in outrage to hear that multiple local councils had advised tenants not to move out of their houses� no matter what, even if the landlord was in financial difficulty

NEW: �30 billion cost for landlords to upgrade properties to EPC minimum

NEW: �30 billion cost for landlords to upgrade properties to EPC minimum

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More than half of all homes in the private rented sector need upgrading to achieve an EPC band C by 2028, with landlords facing a total estimated bill of �30 billion at a time when many are struggling to cover their costs. About 2.9 million properties are affected, with costs f

HOT MARKET: Every property put on market receiving 20 viewing requests

HOT MARKET: Every property put on market receiving 20 viewing requests

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Rental properties in the North West are each attracting an average of 30 viewing requests as competition among prospective tenants grows more intense. Data commissioned by the BBC from Rightmove shows an average of 20 requests to view each available property in Britain, up from

Charities and campaigners slam Government over 'weak' renting reforms

Charities and campaigners slam Government over 'weak' renting reforms

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In a sign that the Renters (Reform) Bill is annoying many and pleasing few, charities and pro-tenant groups have today joined forces to slam the legislation for being too weak. The https://rentersreformcoalition.co.uk/" target="_blank" Renters Ref

BREAKING: Government rows back on 2035 gas boiler ban within rented properties

BREAKING: Government rows back on 2035 gas boiler ban within rented properties

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The Government has rowed back on its commitment to phase out all gas boilers in rented homes by 2035 following comments by Michael Gove. Talking tohttps://www.thetimes.co.uk/radio/schedule" https://www.thetimes.co.uk/radio/schedule" target="_blank" i

Another big council looks at forcing selective licencing on private landlords

Another big council looks at forcing selective licencing on private landlords

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A big South East counciil hopes to introduce a big selective licencing scheme for private landlords which would cover all PRS homes. Medway, which is a unitary authority covering a large swathe of Kent including Rochester and Gillingham, has seen those renting in the private ren

Official report backs binning leasehold but some owners 'still worried'

Official report backs binning leasehold but some owners 'still worried'

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Ditching leaseholds is 'entirely possible' although some flat owners still arent convinced about moving across to commonhold, a government report has concluded. It explains that while reaching a point at which most existing flats are owned without a third-party landlord or ar

Landlords given five months to join enlarged �800 London licencing scheme

Landlords given five months to join enlarged �800 London licencing scheme

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More than 5,400 homes in Islington now need a licence under Islington Councils new selective licensing scheme.&nbsp; Landlords in Finsbury Park, Tollington and Hillrise wards are affected, where properties are blighted with poor conditions, according to council enforcement of

Gove consults landlords on looser rules for commercial to residential conversions

Gove consults landlords on looser rules for commercial to residential conversions

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Landlords are being encouraged to share their thoughts on government plans to make it easier to convert larger department stores, space above shops and offices.&nbsp; As part of Housing Secretary Michael Goves announcement on https://www.landlo

UK Property Market Summary and Predictions for 2023

UK Property Market Summary and Predictions for 2023

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The UK property market has undoubtedly seen a tumultuous period since the end of 2022. Fluctuating statistics, record-breaking demand, falling supply, and concerning economic projections have left many scratching their heads and wondering: https://www.rw-inv

Need a hoover in a hurry? High-tech kiosk lends renters essentials

Need a hoover in a hurry? High-tech kiosk lends renters essentials

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Residents of East Village's Build-to-Rent blocks can rent household essentials like vacuums and game consoles via TULU's smart kiosks.