Assuming a commercial property is let already, the proposition an income-producing investment, the investor would be buying the building/property, not the tenant's business. Since the purchase price is geared to the passing and reversionary rent, it is normal to assess the tenant's ability to per
I have always found the holding deposit (an initial retainer paid to the landlord or agent to reserve a tenancy) is a very useful device to commit the tenant to your letting. But is it legal to withhold the advance deposit you take from a prospective tenant if they back out?In my experience a pro
What do I need to do when I protect my tenant/s deposit? If you take a deposit from your tenant/s you MUST protect the deposit and serve your tenants with the correct documentation within 30 days or face having to pay a fine and the prospect that you cannot use the s21 evict
I am revisiting ITZA in the light of an experience I am enduring concerning some tenants that are inexperienced of rent review. Tenant contention is that an ITZA adopted/agreed for a previous review should be used again for a current review.Unless the ITZA is documented in a binding agreement, th
Basically, what is known as a Calderbank offer is a 'without prejudice;' offer to settle a dispute to avoid the extra costs and associated risks of a full referral.From Calderbank v Calderbank [1976] and originally confined mainly to family property disputes, an offer of settlement made before th
According to research from the NLA, 4 in 10 landlords are either seriously considering forming a limited company or looking into the option in the coming months.Can you - and more importantly should you - set up a company to pay less tax? Heres my complete guide on becoming incorporated.<stron
What heating system should you use in your rental property? Is there a heating system that could solve landlords condensation claims problems?Its one of the most important questions to ask when letting a property for the first time. Whatever system you choose carries implications for the ef
The Residential Landlords Association (RLA) and the National Landlords Association (NLA) have called on the classified online listings service Gumtree to issue clear guidance over possible scams involving bogus letting scams.The warning has been issued to Gumtree by the NLA and the RLA after f
At rent review, the phrase 'going to arbitration' is often bandied about during negotiations as a means for one party to get its own way. Whether or not the parties can agree the rent without involving the dispute resolution procedure, it is common for a represented or experienced party to inv
Ahead of one of the most anticipated Budgets in a generation, given the government’s doom-laden hints, here’s some budget wishes from Britain’s builders.
The Chartered Institute of Environmental Health (CIEH) has called for more flexible and longer licensing schemes in its evidence to MPs scrutinising the Renters’ Rights Bill.
A new student shorthold tenancy (SST) would address student renters’ unique needs, ensuring fairness and safety while providing flexibility around academic schedules, according to iHowz landlord association.
Acorn has urged MPs to let tenants withhold their rent if landlords fail to repair serious repair including damp and mould.
How can we ensure that by welcoming furry visitors into our rental properties, we don’t get bitten asks Victoria Valentine.
This week The Telegraph hit the nail on the head when it reported that landlord profits had collapsed in the past decade following an onslaught of taxes and red tape.
A new inquiry led by Dame Kate Baker CBE has investigated the crisis in the housing market after a 20 year gap since her last housing study
The NRLA has backed many of the measures within a new report from a Welsh parliamentary committee which recommends big changes for the country's private rented sector.
Tenants’ union Acorn is lobbying Norwich City Council to introduce a selective licensing scheme and to better enforce its housing policies.
A reporter who responded to adverts in shop windows in east London for a ‘bedspace’ in shared rooms found unsanitary and overcrowded unlicensed homes.
A landlord who left her tenants in a damp and mouldy flat has been ordered to pay a whopping £16,267 by magistrates.
Marcel Price is considering converting his properties into short-term holiday lets due to fears over the Renters’ Rights Bill.
Lawyer David Smith casts an expert eye over the legislation and divines when its different parts will become law.
Leading organisations including Phil Spencer back the campaign, which seeks to give landlords more time to pay their Stamp Duty.
HFIS is deeply saddened to announce the passing of Mike Morgan, a key figure at Property Redress and Client Money Protect
Comments follow new research that reveals rise in tenants being evicted as their landlords prepare to sell up.
What Landlords need to know now! Protection from discrimination to be a key component of the new Act
Aunberin Saddique is the first landlord in the UK to make the undertaking under the Digital Marketing, Competition and Consumer Act 2024.
New Economics Foundation says Private Rented Sector Database must be a major tool to fund and direct enforcement.
The government has vowed to carefully dismantle Grenfell Tower behind its white outer wrapping to “respect the unique circumstances of the tragedy".
Former enfant terrible of the publishing world, James Brown, has revealed his tips for successful holiday let.
A landlord has been fined for failing to clear a huge pile of fridges from the front garden of his empty rental property.
Regular property inspections and maintenance help landlords prevent costly repairs. Budget 1% of property value yearly and follow seasonal checklists
Private landlords are earning an average of £17,665 a year – although profits are much slimmer, according to the latest figures.
The expensive dangers for 'amateur' landlords who don't realise their regulatory responsibilities have been revealed during a Tribunal hearing.
Property investors are invited to sign up for a unique property investor network event next month examining the Renters' Rights Bill.
Hillingdon Council has agreed to consider additional licensing after residents raised concerns about growing problems in the London borough.
West Northamptonshire Council has proposed a new forum to prepare its HMO landlords for likely new rules as the council reviews its approach this kind
A Labour MP has urged the government to stop landlords from 'cashing in' on retrofit grants.
They are “plugged out”; why tenants are struggling to charge their electric vehicles
Universities are a key driver of BTL activity and lending as more landlords choose to invest in areas with large student populations.
A former tenant who murdered her landlord and stabbed his cat to death has been given an indefinite hospital order.
Antony Clifton, 52, was sentenced to 46 weeks in custody after he carried out the work while falsely claiming to be a member of the Gas Safe Register
County Durham hopes to restrict HMO conversions across the county amid fears that rising numbers are impacting communities.
