Especially at a time like this, in the middle of a pandemic, when good commercial tenants are hard to find, landlords dread the time when a lease comes to an end, or their tenant goes into administration. When a commercial landlord loses a tenant, not only do they lose regular r
The government is pouring �13m into a homelessness reduction initiative to fund long-term accommodation for prison leavers in the private rented sector. More than 140 councils across England will share out the cash to pay for landlord incentives and loans for rent deposits, spe
We know that households across the UK will need to adopt a low carbon alternative to traditional heating solutions such as oil, gas, coal or wood burning in the future. Air source or geothermal ground source heat pumps are being touted as just such an alternative to help the UK
During these difficult times many tenants have found themselves in the position of wanting to divest themselves of surplus property, to reduce rental commitments by ending a lease agreement before it full term has expired. Perhaps the only way of doing this from the tenants p
Landlords who own leasehold properties in low and medium-rise apartment blocks affected by the cladding scandal will no longer have to supply an EWS1 form when selling or remortgaging their properties, the government has announced. Thousands of landlords who have been unable to
Spiralling fraud and overpayments in the benefits system now stand at the highest rate ever recorded, admits the Department of Work and Pensions (DWP), as it identifies housing payments as an area of concern. Housing benefit fraud is particularly rife after the pandemic resulted
The private rented sector wont meet new energy efficiency targets unless the government stumps up more cash for any replacement to the Green Homes Grant, it has been claimed. Latest https://www.gov.uk/government/statistics/english-housing-survey-2019-to-2020-private-
Bury Council in Manchester has adopted new measures to fine landlords up to �30,000 if their properties dont meet the recently-introduced electrical safety standards. Although the standards came into force in June 2020, they had not been adopted and implemented by the counci
A commercial landlord whose building was damaged by two fires has been handed an 18-month suspended prison sentence, it has been reported. Wayne Braund, 52, owner of the former Strachan and Henshaw building in Foundry Lane, Bristol (pictured), admitted six fire safety breaches i
This is a book I wish I’d had available when I first started out on my own property investing career
The government’s reluctance to properly fund eviction courts could cause chaos once the Renters’ Rights Bill becomes law, a leading lawyer has warned.
A landlord caught out for having an unlicensed property has managed to get her fine slashed after a First Tier Property Tribunal heard that the tenants owed more than £17,000 in rent.
Landlords who buy leasehold apartments will next month be able to extend the property’s lease without having to wait two years, as it presently the case.
A fed-up landlord has challenged tenants’ union Acorn for using social media to relentlessly bash the PRS without considering the bigger picture.
The decision to hold onto your rental properties or sell them is more critical than ever – landlords everywhere are taking time to weigh up the balance between risk and profit.
Tenants are living in build-to-rent developments for less time than their counterparts in the traditional PRS – suggesting that they are not the panacea for the housing crisis that is often claimed.
A landlord who built an illegal outbuilding to store his tenants’ belongings has been ordered to pay more than £23,000.
Buy-to-let mortgage rates could fall slightly soon after creeping up since the Autumn Budget, according to financial experts.
Private Rented Sector Consultant a private rented sector consultant at letting focus and tenants renting guide David Lawrenson
Article 4 direction : Birmingham CityCouncil is introducing a city-wide direction for houses in multipleoccupation (HMOs) from 8 June 2020. An Article 4planning direction means that planning approval will be required forthe conversion of a famil
Capital Gains Tax: Owners of second homes and buy-to-lets that they have previously lived in should be aware that as from April 2020 the tax relief period allowed against capital against tax (CGT) will be reduced. As it is a present,when you se
Letting Agent Contracts: One common question asked by landlords is, "how do I terminate my relationship with my letting agent?"For one reason or another, landlords sometimes wish to end their relationship with their letting agent and want to know how to go about it.Requests
General Election: Part of Laboursbid to be elected on 12th December is a raft of taxraising measures aimed at buy-to-let landlords and second homeowners. Jeremy CorbynsLabour party manifesto launch last week outlined a n
Condensation andmould : This time of year,as the temperature drops, both new homes and old homes aresusceptible to the formation of condensation and unsightly mould: newhomes because they are effectively a sealed box, and old homesbecause they often lack ef
The colder weather is here again, its that time of year coming; you feel that cold chill in the air, the snow and ice will soon arrive, and you know its time to get out that winter coat, scarf and gloves.You also know that cold wet weather on the way will test your rental properties and tenant
Portfolio Landlords: Buy to let lender Paragons recent research shows that professionaland larger-scale landlords are still investing and are increasing the size oftheir portfolios through more targeted investments. With an average portfolio
New rules that came into force in March allow https://www.independent.co.uk/news/business/news/landlords-sue-cold-damp-homes-law-tenants-renting-housing-a8776671.html" tenants to sue landlords for issues like cold and damp. A broken heating system or poor ventilation that
Commercial Property : A recent High Court decision in Co-Operative Group Food Ltdv. A&A Shah Properties Ltd (2019) relates to an authorised guaranteeagreement (AGA) dispute, in this case an agreement involving a guarantor of theoutgoing tenant. <p id
The Government has announced its intention to scrap Section 21 notices for eviction in an effort to offer tenants more long-term security.
Commercial: A new set of mandatory rules introduced from 1stApril 2019 and though the document itself is titled a first edition, itsupersedes 3 previous editions published as codes of practice. The RICS (Royal Institution of Ch
Security: Renovating a buy-to-let property can be a great way for landlords to increase the rental income
Abandonment: When times get hard the instances of tenants leaving without notice are known to increase. Doing a runner�, skipping� moonlight flitting� walking away� or gone away� and in the words of the immortal song;
Tenancy Deposits: According to TDS (Tenancy Deposit Scheme) less than 1% (0.85%) of tenancies they handle have resulted in a deposit dispute in the year to March 2018, nevertheless its important to get it right when dealing with tenants' deposits.Cleaning was the most com
Viewpoint by Tom Entwistle As winter approaches outside temperatures drop and the perennial landlords problem of winter condensation and black mould rear their ugly heads again.The question is, how do you know if this is caused by the building or the tenant, or is it a co
Landlords' Tax: Internet sites, such as AirBnB, have increased the number of landlords letting to lodgers and to guests on short stays. There are specific tax benefits to this type of letting business which are expanded upon below.Furnished holiday letting</st
Section 21: Most tenancies will never require the service of a Section 21, Housing Act 1988, (eviction) notice. However, on those occasions when it does become necessary, and you just never know, landlords (and agents) will thank their lucky starts they complied with the rul
Asbestos:Asbestos regulations were last updated in 2012 , bringing the UK in line with EU regulations, which means the current regulations have been in place long enough for most
The Application Form You should always use a comprehensive Tenancy Application Form when taking on a new tenant. You need a completed application for each adult tenant in the property.The Tenancy application form is a very important starting point for any residential or comm
End of an AST: Questions: What happens when an Assured Shorthold Tenancy (AST) comes to an end? Will the tenant have to leave or does she need to sign a new agreement? What if a tenant wants to leave early? How long can a periodic tenancy last?When the fixed term (minimum of
Landlords often buy flats which are either Leasehold or Shared Freehold. What are these tenures and what should landlords look out for in these different forms of ownership?Leasehold is one of three forms of tenure (property/land ownership) almost exclusively peculiar to the United Kingdom, thoug
Landlord's Access to Property: Many landlords will have experienced a tenant denying them access to a property - whether for an inspection, viewings or legal duties. Its easy to understand the view of Its my property, I can enter when I want, but unfortunately th
New Rules for Section 21 :Landlords and Agents need to be aware of the changes affecting Section 21 rules and Notices and other changes for the letting of residential properties in England (and in many cases Wales) introduced during 2015 . This article explains the new rules
Many landlords have long suspected that the DCLG approved national calculation methodologies and software programs were seriously flawed when they produced EPC ratings for buildings following energy assessments.So news that new software is being introduced which is claimed to be more accurate is
