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What is an Allowable Expense?

What is an Allowable Expense?

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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, how to deal with it

Penetrating Damp, how to deal with it

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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 Safety in Rented Premises

Fire Safety in Rented Premises

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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

Rising Damp - how to deal with it

Rising Damp - how to deal with it

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Damp &amp; 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

How Much Should Landlords Spend on Renovating?

How Much Should Landlords Spend on Renovating?

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Renting Standards: Specialist residential property solicitor Amanda Sutcliffe of Bray &amp; 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 fees should not be more than 40

Sub-letting fees should not be more than 40

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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,

Section 21 Notice and Deposit Protection rules

Section 21 Notice and Deposit Protection rules

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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

How to do a rent review - Part 2

How to do a rent review - Part 2

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Essential guide to rent reviews: why reading the lease is crucial for landlords and tenants to navigate rent adjustments effectively.

More than 4 tenants on a tenancy agreement?

More than 4 tenants on a tenancy agreement?

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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

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Housing market cools as more properties hit the market

Housing market cools as more properties hit the market

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The number of homes for sale has reached a new height as demand among house hunters “cools”, it has been revealed.

COMMENT: How do you get started investing in property?

COMMENT: How do you get started investing in property?

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How do you get started investing in property? A recent post on our LandlordZONE Forums got me thinking about this question

Buckinghamshire tenants pay highest rents in the country

Buckinghamshire tenants pay highest rents in the country

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Tenants in Buckinghamshire fork out for the highest rents in the country - even more than those living in London’s prime SW7 postcode.

Paragon Bank launches cheapest buy-to-let five-year fix in almost three years

Paragon Bank launches cheapest buy-to-let five-year fix in almost three years

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Paragon Bank has launched its cheapest buy-to-let five-year fix in almost three years, becoming the latest lender to offer landlords more attractive deals.

London Renters Union protest against “slumlords”

London Renters Union protest against “slumlords”

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London Renters Union protested against “slumlords” in the capital at the weekend, calling for housing justice for all.

Older tenants face less financial security in retirement than owners

Older tenants face less financial security in retirement than owners

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Older renters are heading for a bleak retirement with significantly less financial security than their homeowning peers.

Flawed possession grounds will cut student housing supply, NRLA warns

Flawed possession grounds will cut student housing supply, NRLA warns

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A flawed grounds for possession will reduce the supply of student housing, the NRLA has warned.

Landlords hit with £30K bills after cannabis gangs took over homes

Landlords hit with £30K bills after cannabis gangs took over homes

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Landlords were left with bills of up to £30,000 after cannabis gangs took over their properties and left them unliveable.

More firms seek office space now than at any time before the pandemic

More firms seek office space now than at any time before the pandemic

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More firms are looking to rent office space than at any time since before the pandemic, new Rightmove research has found.

Famous landlord to pay �166,000 legal costs after losing court claim

Famous landlord to pay �166,000 legal costs after losing court claim

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Multi-millionaire landlord Judith Wilson (main picture, inset) has been hit with a �166,000 court bill after losing a legal battle against Tonbridge and Malling Borough Council. Wilson, wife of the controversial Fergus, who was once dubbed Britains

VIDEO: 'Best landlord in UK' gives unusual advice to other investors about profits

VIDEO: 'Best landlord in UK' gives unusual advice to other investors about profits

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Treat tenants like customers and stop thinking about profit if you want to make a success of property investing - thats the advice of lettings and landlord professional Tom Soane, who boasts that its made him the 'best landlord in the UK'. Your property is a product, te

Landlords across UK given more time to find out about licencing launches

Landlords across UK given more time to find out about licencing launches

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Councils have been given three months longer to launch selective licencing schemes, new Government guidance has revealed. An update to the Department of Levelling Up, Housing and Communities advice to local authorities considering or planning a selective licencing scheme has

NEW: Former rental properties now account for 11% of homes for sale

NEW: Former rental properties now account for 11% of homes for sale

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More than 1 in 10 (11%) homes for sale on Zoopla are former rental properties after private landlords faced with tax changes and higher borrowing costs have rationalised their portfolios or quit the market. Before the pandemic, half of these homes for sale returned to th

MORTGAGES: Worried landlord tells BBC how his payments have tripled

MORTGAGES: Worried landlord tells BBC how his payments have tripled

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Paul Bradley, a landlord with a single rental property in North London, has told the BBC how the ongoing mortgage crisis has seen his monthly interest-only loan payments triple over the past 12 months. His case illustrates vividly the significant challenges that the approximatel

Tenant Referencing Failures Surge Amid Cost-of-Living Crisis

Tenant Referencing Failures Surge Amid Cost-of-Living Crisis

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Rising cost of living causes tenant referencing pass rates to drop from 35% to 25%, increasing rental risk for landlords, reports Housing Hand.

Powerless councils could make or break reforms, says Labour MP

Powerless councils could make or break reforms, says Labour MP

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A Labour MP has called on the government to extend notice periods from two to four months to prevent landlords from unjustly evicting tenants. <figure id="" class="w-richtext-figure-type- " data-rt-type="" data-rt-align=""><div><img src="https://cdn.prod.website-files.com/63bef2f3c329eff8e3

Licencing scheme off to weak start after only a third of landlords register

Licencing scheme off to weak start after only a third of landlords register

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Only one-third of Oxfords private rental properties have been registered for its city-wide selective licensing scheme and could soon face steeper fees or a hefty fine. The scheme, which launched last September, has received more than 10,500 licence applications from the 3

Landlord pleads with council to consider HMO tenants as housing shortages bite

Landlord pleads with council to consider HMO tenants as housing shortages bite

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An https://www.landlordzone.co.uk/news/braverman-under-pressure-to-reverse-outrageous-new-hmo-rules-for-asylum-seekers/" HMO landlord says desperate new tenants are moving in hours after the previous tenants leave due to a dearth of available properties. In he

'Despicable fraudster' gets eight-year ban for stealing landlords' deposits and rent

'Despicable fraudster' gets eight-year ban for stealing landlords' deposits and rent

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A letting agent who ripped off dozens of landlord clients has been banned from being a company director for eight years. https://www.landlordzone.co.uk/news/letting-agent-who-stole-80000-from-dozens-of-landlords-admits-fraud/" Frank Smart , 46, the owner of Sma

Landlords encouraged to sell this month as property prices rise by 0.2%

Landlords encouraged to sell this month as property prices rise by 0.2%

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In a market where interest rates are sky high, tax bills are extortionate and mortgage payments are higher than rents, coupled with a backlog of refurb costs and difficult tenant situations, landlords are rushing to cash in and sell their property portfolios. If you were a landl

REFORM: 'We need legislation that works with landlords, not against them'

REFORM: 'We need legislation that works with landlords, not against them'

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With one in five households now renting, the private rented sector is an essential part of the housing market. As the government has reduced its housebuilding strategy for all local authorities from mandatory to advisory, with some councils scrapping targets all together, the ho

Portal launches in UK offering landlords direct online advertising to find tenants

Portal launches in UK offering landlords direct online advertising to find tenants

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A European lettings portal has launched in the UK aimed at globe-trotting students and young professionals. Rotterdam-based https://housinganywhere.com/" HousingAnywhere , which specialises in mid- to long-term rentals, now covers London,

Do HMOs still stack up as an investment?

Do HMOs still stack up as an investment?

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Over the last 15 years, the HMO market has been transformed and there has been a boom. The reason for the boom&nbsp; was, quite simply, that HMOs could generate far better returns than single home lets. &nbsp; But as the market grew, regulations tightened. On top of the extra du

LATEST: Section 21 evictions increasing as landlords quit sector, says Citizens Advice

LATEST: Section 21 evictions increasing as landlords quit sector, says Citizens Advice

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Nearly half of all Section 21 eviction notices have been prompted by landlords selling their properties, Citizens Advice has revealed. It also says that its seen a ramping up of evictions by landlords using Section 21 notices, handling some 2,000 cases last month. <p id=""

Guaranteed rent firm takes down website after LandlordZONE probe

Guaranteed rent firm takes down website after LandlordZONE probe

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A guaranteed rent firm has taken down its website after being exposed for using spurious claims about its connections with reputable bodies. London-based UK Housing Group Ltd, which boasts of being, the largest social housing agency in London and the Midlands featured out-

Historic Article 4 used to limit short‑term holiday lets

Historic Article 4 used to limit short‑term holiday lets

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Gwynedd Council introduces Article 4 Direction to regulate second homes and short-term holiday lets, requiring planning permission for change of use.

Extra costs and red tape hitting landlords hard, mortgage chief warns

Extra costs and red tape hitting landlords hard, mortgage chief warns

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Politicians and lobby groups are likely to continue blaming private landlords for the housing shortage largely created by the hostile regulatory environment imposed by the same politicians who want even more draconian laws, finds a new report. One of the most bizarre aspects of

Council cracks down on illegal HMOs with surprise inspections

Council cracks down on illegal HMOs with surprise inspections

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Two unlicensed HMOs have been discovered during unannounced inspections by a council in the North, which says more 'surprise visits' are on the cards. <figure id="" class="w-richtext-figure-type- " data-rt-type="" data-rt-align=""><div><img src="https://cdn.prod.website-files.com/63bef2f3c3

BREAKING: Landlords tell housing minister face-to-face that sector needs support

BREAKING: Landlords tell housing minister face-to-face that sector needs support

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Landlords in Wales have called for the countrys government to make more effort to encourage private investment in the sector during a face-to-face meeting with housing minister Julie James. The National Residential Landlords Association (NRLA) has asked her government to exem

Less that 20% of PRS homes within LHA rates reveals shocking research

Less that 20% of PRS homes within LHA rates reveals shocking research

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Fewer than one in five private rental properties in England were within the Local Housing Allowance (LHA) rates last year, according to new joint research by the Chartered Institute of Housing and Shelter . The groups say the average

Leading property figure calls for 'tenancy register' in England and Wales

Leading property figure calls for 'tenancy register' in England and Wales

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The government has missed a trick by not introducing a tenancy register instead of an anti-landlord landlord register, one property consultant has claimed. Blackbird Real Estate founder https://www.richard-berridge.co.uk/" target="_blank" Richa

EXCLUSIVE: Conveyancer reports big drop in landlords buying BTL properties

EXCLUSIVE: Conveyancer reports big drop in landlords buying BTL properties

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The number of BTL investors buying properties has plummeted in the last six months while long-term landlords are selling up, according to one large conveyancing firm. Basildon-based https://pcslegal.co.uk/" PCS Legal

Business ratepayers will have to report any changes, and annually, under new bill...

Business ratepayers will have to report any changes, and annually, under new bill...

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The Non-Domestic Rating Bill going through Parliament (House of Lords) will require business ratepayers to report any changes and also report annually to the Valuation Office Agency (VOA). These changes to the operation of business rates will apply to all organisations responsib

BLOG: Why abolishing Section 21 isn't all bad news for landlords

BLOG: Why abolishing Section 21 isn't all bad news for landlords

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Yesterday I spoke to a room of 200 anxious landlords.&nbsp;The uncertainly surrounding the Renters (Reform) Bill really has whipped the housing market into a frenzy with landlords serving notices, selling up and exiting the sector in their droves.&nbsp; The mere thought of Sect