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Scandal hit social housing REIT winding down

Scandal hit social housing REIT winding down

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Home REIT, the investment trust marketed as the dream scheme to house the homeless is folding with extensive debts and legal claims. 

Landlord's appeal against huge rent repayment order fails

Landlord's appeal against huge rent repayment order fails

News

A landlord has failed in a last-ditch attempt to convince a property tribunal that he shouldn’t have to pay a rent repayment order – and has been stung with a £13,643 bill.

Thatcher's favourite council to bring in PRS licencing schemes

Thatcher's favourite council to bring in PRS licencing schemes

News

One of London’s most high-profile councils has revealed plans to bring in selective and additional licensing schemes in a bid to clamp down on rogue landlords and improve rental properties.

Citizen's Advice slams landlords for 'damp and mouldy homes'

Citizen's Advice slams landlords for 'damp and mouldy homes'

News

Almost half of private renters in England are living in cold, damp or mouldy homes, even during the summer, according to a new Citizens Advice poll.

BTL lenders reveal shock reduction in landlord mortgages

BTL lenders reveal shock reduction in landlord mortgages

News

The mortgage industry says the number of new buy-to-let mortgages more than halved last year, with higher interest rates blamed for the fall.

City lauds highly unusual approach to 'non-compliant' landlords

City lauds highly unusual approach to 'non-compliant' landlords

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Liverpool Council has teamed up with the emergency services and HMRC to share intelligence and weed out 'non-compliant' landlords.

Mayor launches poster campaign urging tenants to report landlords

Mayor launches poster campaign urging tenants to report landlords

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A new poster campaign on the London Underground is urging travellers to report dodgy landlords.

REVEALED: Real reason why rental supply is dwindling

REVEALED: Real reason why rental supply is dwindling

News

The number of buy-to-let properties bought by landlords as a percentage of all homes sales across the nation has sunk to its lowest level since records began.

South Coast councillors approve plan to crack down on HMOs

South Coast councillors approve plan to crack down on HMOs

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The South Coast seaside resort ofEastbourne is to crack down on the town’s growing number of HMOs andcouncillors are soon to make a decision on what to do.

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NEW: Councillors vote through selective licensing and higher fees

NEW: Councillors vote through selective licensing and higher fees

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Burnley councillors have recommended that its three selective licensing schemes covering some 2,000 homes be extended for another five years following a three-month-long consultation. The schemes in Burnley Wood and Healey Wood, along with the Leyland Road area of the town, were

NEW: Royal family make £1.4m a year from holiday lets

NEW: Royal family make £1.4m a year from holiday lets

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The Royal Family could be raking in £118,775 each month from their holiday let portfolio, adding up to a lucrative annual rental income of more than £1.4 million.

3,000 landlords are under 21 years old, reveals finance data

3,000 landlords are under 21 years old, reveals finance data

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Gen Z are rushing to invest in buy-to-let property, with more than 3,000 buy-to-let landlords in the UK now under the age of 21.

Landlord given police caution after assaulting tenant over 'arrears'

Landlord given police caution after assaulting tenant over 'arrears'

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A landlord who reportedly attacked a tenant after he complained about serious disrepairs has been handed a police caution.

Rent controls reduce supply and housing quality, says new report

Rent controls reduce supply and housing quality, says new report

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A new report that evaluates the dozens of rent control schemes implemented over the past 60 years across the world has concluded that overall they are harmful to rental homes supply.

COMMENT: Did you know that tenants can claim compensation over disrepair?

COMMENT: Did you know that tenants can claim compensation over disrepair?

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Tenants can claim compensation from their landlord for repairs that are not done in a reasonable time; repairs that are of bad quality and do not fix things

EXPERT: 'Now is the time to convert from commercial to residential'

EXPERT: 'Now is the time to convert from commercial to residential'

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There’s never been a better time for landlords to convert a commercial building to residential use, according to a leading architect.

'Dont be afraid of the future' Zoopla boss tells landlords

'Dont be afraid of the future' Zoopla boss tells landlords

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Zoopla boss Richard Donnell has urged landlords and investors to steer clear of misinformation about the PRS and focus on the positives.

Landlord's rental properties seized in UK regulation 'first'

Landlord's rental properties seized in UK regulation 'first'

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A rogue landlord who persistently failed to license several rented properties has had them seized by Merton Council in one of the first actions of its kind in the country.

Assured Shorthold Tenancy Ends

Assured Shorthold Tenancy Ends

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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

Freehold, Shared Freehold or Leasehold?

Freehold, Shared Freehold or Leasehold?

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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

My Tenant Won't Allow Access!

My Tenant Won't Allow Access!

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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 Section 21 Rules

New Section 21 Rules

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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

New algorithms to calculate EPC ratings

New algorithms to calculate EPC ratings

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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

How you serve a Notice can be just as important as what you serve'�

How you serve a Notice can be just as important as what you serve'�

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Serving Notices: Landlords and agents often get confused as to how they should serve Notices on their tenants.Ordinarily it wouldnt matter what method is used, but if you end up in court with a possession or money claim, or some such court action, then what and how you se

Consumer Protection - implications for Landlords & Agents

Consumer Protection - implications for Landlords & Agents

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Tenant are Consumers: The UK Consumer Protection law applies to letting agents and landlords alike when they advertise a property to let or create a new tenancy. It also applies to most private landlords when they deal with letting agents, unless they operate as a company.

Section 21 Notices

Section 21 Notices

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Obtaining Possession Using Section 21 Notices Updated October 2016This article explains how to gain possession of your residential rental property in the most efficient way possible. You may just want your property back for your own use, or to sell, or you may be having prob

Condensation, the Landlord's Curse...

Condensation, the Landlord's Curse...

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Winter Condensation: Its that time of year again, a time when tenants are most likely to complain about the mould appearing in those corners of the property where the walls and ceilings are really cold, and hot air with moisture always rises to the top. If its black mo

Tax Returns 'mortgage interest' relief

Tax Returns 'mortgage interest' relief

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Tax Relief: Starting from 6th April 2017, those landlords with mortgages will have tax relief on their buy-to-let mortgage costs gradually reduce over a 4-year period.Many landlords dont have a mortgage (up to 50% it is said), so this change does not affect them, but many

Debt Collection for Landlords

Debt Collection for Landlords

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Rent Arrears: At this time of year, soon after the Christmas spending spree, inevitably rent payments begin to suffer. If you are having problems with rent arrears, this article should help.As in most areas of life,prevention is better than cure . To re

What expenses can I actually claim?

What expenses can I actually claim?

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Tax Return 2016-2017: As a general rule, and as outlined in the previous articles in this series on tax returns, landlords can claim the expenses of running and maintaining their rental properties.If the rent you charge includes additional services like water, or council tax

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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1.0 Introduction 1.1 - At rent review, the starting point obviously is to read the lease. I say obviously because it never ceases to amaze me just how many landlords and tenants I come across having a go at rent review without bothering to read the lease. Its as

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

Is rent in advance a deposit?

Is rent in advance a deposit?

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Advance Rent: Piggot v Slaven and Johnson v. OldThere are two important cases which clarify (though not necessarily decisively) the position on landlords accepting rent payments in advance. One concerns the accepting of the final two months rent in advance, a common devi

Minimum EPC Rating for Rental Properties after 2018

Minimum EPC Rating for Rental Properties after 2018

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Following some confusion and debate about a deferral for the new standards following the MEES* deadline in April 2018, the new government has confirmed that changes to the EPC rules, preventing landlords from renting out homes below rating E, will definitely be introduced from April 2018.Accordin

Leasehold Repairs and Disputes

Leasehold Repairs and Disputes

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Responsibility for Repairs: Who is responsible and who is obliged to pay for repairs to leasehold blocks and flats? What is the procedure if repairs are unnecessarily delayed or not carried out to the leaseholders satisfaction? What is the Section 20 procedure?T

How to do a rent review - Part 1

How to do a rent review - Part 1

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In 1978, I published a pamphlet "The Framework of Rent Review Clauses" which was given free publicity in leading law and property journals. In 1983, I published a 28-page booklet ' How to do a Rent Review; priced at �5 it was an instant hit and in a letter to me was described by Professor Joh