Renting or Leasing Commercial Property Renting commercial property usually represents a major part of the operating costs involved in running any business. If you include surveyor's and solicitor's fees, rent, business rates, insurance,
Types of Tenure: A tenancy gives the tenant a legal interest in the land and property - in effect, legal ownership for the period of the tenancy. Tenancies can take several forms: <ul <li Rent Act or Regulated Tenancies - pre </li> <li
<h1 Joint or Single Shared Tenancies</h1>Shared House (Joint Tenants) or Individual Rooms (Single Tenants)? Where a landlord lets to multiple and usually unrelated tenants there are two main ways of doing this:(1) As a Joint Tenancyng
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
A property leader has warned that Scotland's upcoming Housing Bill must not hamper much-needed investment in the rental sector.
Tenants’ union Acorn is pushing Labour to introduce tougher rent caps or face undermining work to reform renters’ rights.
A rogue landlord has been ordered to hand back nearly £34,000 to five tenants after failing to license his mouse-infested HMO.
Ben Beadle, the Chief Executive of the NRLA, has told LandlordZONE that abolishing Section 21 evictions might sound noble, but it's won't make the private rented sector fairer overnight, as many campaigning groups and Labour MPs often claim.
The UK commercial property market is in a downturn right now. As with the wider economy, commercial property is subject to economic cycles
Tenants’ union Acorn has urged Labour to curb ‘upfront payments’ for new tenants to one month’s rent in a bid to make rented homes more affordable.
Milton Keynes City Council has come up with an innovative scheme to top up rents for those moving from temporary accommodation into the PRS.
Propertymark has warned that the Renters’ Rights Bill poses critical unintended consequences unless the government ensures a fair and balanced approach between landlord and tenant rights.
A landlord with a string of more than 5,000 rental properties across the UK has been fined a whopping £97,000 over the ‘serious and deliberate’ failure to manage a block of flats in Sheffield.
London Mayor Sadiq Khan is confident he will be able to push ahead with a massive house building programme in the capital and new powers to control the housing market.
A landlord has got into hot water for telling prospective tenants that they’re not allowed to work from home.
A coroner has called on the government to set up a private landlord register in England after the mould-related death of a tenant.
The UK’s youngest MP Sam Carling has revealed that he will work in parliament to improve the lot of renters following his shock victory in the General Election.
Landlords may be relieved to hear that a Labour MP with experience of the private rented sector has been appointed to the Government.
Experienced landlord Tom Entwistle, who has been letting property since the 1970s, gives some tips based on his experience when setting-up a new tenancy
Landlord representation in Parliament will be hugely diminished after 50 Tory MPs with residential rental properties either lost their seat in the election or had previously stepped down.
Labour's victory in the general election marks a significant turning point for the private rented sector (PRS). With their ambitious plans for housing reform, it is crucial that the new government addresses the pressing issues facing both landlords and tenants.
Landlords have congratulated Labour on its landslide victory but warned that too much new red tape will make the housing shortage within the private rented sector even worse.
A new poll reveals that 88% of tenants have had problems in rental properties and more than a quarter (26%) were unhappy with their landlord’s response.
A battle between residents and HMO landlords is coming to a head in Liverpool where vacating students’ mess is being dumped on city streets.
The co-living sector grew by 65% in 2023 - nearly 2,500 new beds - and looks set to treble to more than 20,000 beds by 2027.
A growing number of landlords are ending up in mortgage arrears and having their rental properties repossessed.
A top property lawyer is adamant the courts won’t be able to handle a two-fold increase in possession actions when Section 21 is abolished.
An HMO sales firm has launched with the ambitious aim of becoming the sector’s go-to property platform.
A majority of landlords back some form of rent control, a new poll by a leading letting agency has revealed, as the likelihood of Labour ‘interference in rent pricing’ increases.
Rents are rising at record levels because the private rental sector needs an extra 120,000 homes, the UK’s largest property portal has claimed.
A patchy and slow recovery across the commercial property sectors is boosted by the prospect of interest rate cuts
The number of renters who plan to vote Conservative on Thursday has halved since the last election, from 20% to just 10%, according to a new poll. Zero percent of student tenants said they'd back Sunak.
The NRLA has joined forces with property leaders to call for the next government to pass the Renters (Reform) Bill as a matter of urgency.
A tenant who threatened to share a naked video of his former landlord if he wasn’t given back a cash deposit has been handed a 12-month suspended jail sentence.
Landlords have been warned that thousands of tenants face losing their housing benefit and may struggle to pay the rent as changes brought in by the Department of Work and Pensions (DWP) take effect.
TV property expert Martin Roberts has hinted that he’s been lined up for the next series of Strictly Come Dancing.
Landlords in Brighton & Hove with small HMOs will have to pay £1,051 from today for an additional licence.
Properties with a sitting tenant cost an average of 15% less than those without, and are a whopping 24% cheaper in Scotland, according to new figures.
