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
The number of tenants passing referencing checks has dropped off drastically as the cost-of-living crisis bites. Rent guarantee firm Housing Hand reports that about 35% previously passed checks, but that the number is dropping and could now be as low as 25%. Another 40% will get
With interest rates rising and this reflected in mortgage rates, landlords are being forced to contemplate rent increases. If you go down this road you need to be aware and follow the rules.
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
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
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
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
With interest rates rising and this reflected in mortgage rates, landlords are being forced to contemplate rent increases. If you go down this road you need to be aware and follow the rules.As landlord you can't legally increase your rent whenever you like, or by any amount you see fit. You need
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
Blackpool council has received the go-ahead to start selective licencing in eight inner wards despite worries among some landlords about the consultation process that preceded the decision.
Scotland’s animal welfare organisations have called on MSPs to support stronger protections for pet owners in the private and social rental sectors ahead of a crucial debate in Holyrood.
Property Redress, one of the UK’s leading independent redress providers for the property industry, is celebrating a decade of significant growth, with more than 20,000 member offices.
Small, proactive steps can make a big difference, keeping tenants comfortable and protecting buildings from problematic mould and damp.
There are optimistic signs, says Shawbrook Bank. Their data on the commercial property market shows a rebound
Accidental landlords are a dying breed, according to one mortgage expert, who blames government policy for their eventual demise.
The Government is to make it unlawful for landlords and agents to ask prospective tenants for large sums of rent in advance, housing minister Matthew Pennycook has confirmed.
A leading property lawyer has poured scorn on government estimates that the Renters’ Rights Bill will cost landlords £12 per rented property each year.
Landlords with holiday let properties in Wales will soon have to register their properties and collect a £1.25 per person, per night fee from clients.
These are tenancies that fall outside the scope of the Housing Acts (1988, 1996, 2004), including the Regulated Tenancies, Assured Tenancies (AT) and Assured Shorthold Tenancies ASTs.In the case of a common law residential tenancy , the tenant's rights and obligations are ma
What are Business Tenancies ?A tenancy is an "estate in land", granted for a determined period of time (term of years or fixed term - 6 months,1 year, 21 years, 99 years etc) or a specific period (a periodic tenancy - yearly, monthly, weekly, even daily).In return for the "time lim
Landlord's Duty to Ensure Installations are SafeAll Landlords have a common law duty to ensure that gas installations and appliances supplied with their properties are safe. Tenants also have certain legal obligations when it comes to gas safety - see below.I
Landlords' Gas and Electrical Safety Certificates:As a landlord, or as a letting agent acting on the landlord's behalf, you have a legal obligation to ensure that your accommodation is completely safe for your tenants.Several statutory regulations and general common law requirement
Letting and residential property fully furnished, part-furnished or unfurnished in England & Wales no longer has any implications regarding security of tenure for the tenant or for taxation. However, Council Tax and the 10% Depreciation Allowance may be affected - you don't pay Council Tax du
What was the Fire Certificate is no longer required as it was previously under the Fire Precautions Act 1971 for hotels, boarding houses, factories, offices, shops and railway premises. All these premises must comply with Fire Regulations, now covered by t
Ending a residential tenancy on the ground of "false statement by the tenant "The Housing Act 1988 as amended by the Housing Act 1996 makes provision for the possession of residential properties let under Assured and Assured Shorthold Tenancies.However
Running a Successful Bed & Breakfast Guest HouseRunning a successful Bed & Breakfast Business from the comfort of your own home has many advantages and rewards as far as being self employed is concerned:</
Taking in a LodgerIf you're considering taking a lodger there are some important things to think about first. Most of its common sense, but its a good idea plan carefully and get things right.[list type='3'] <ul <li Taking in Lodgers is a good way to earn extr
Obtaining Possession Using Section 8 NoticesThis article explains how to gain possession of your residential rental property using the Section 8 procedure.Section 8 is a breach of contract court procedure.There are 17 grounds for possession listed in the Housing Acts 1988 & 199
How do I Ensure Notice Dates are Correct?Landlords and letting agents, at various times during a tenancy, may need to serve legal notices on their tenants.It is vital that not only do you complete and serve the notice in such as way that it is valid, but that you can
Obtaining Possession - Section 21 Notices: This article explains how to gain possession of your residential rental property in the most efficient way. You may just want your property back for your own use, or to sell, or you may be having problems with the tenant, such as re
