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
A letting agent ensures compliance with the Renters' Rights Bill and simplifies property management.
Landlords searching for a new deal will find the choice of buy-to-let mortgages has hit a record high, with 3,860 products available.
The National Residential Landlords Association (NRLA) has labelled the Spring Statement a missed opportunity to improve the chronic supply crisis in the private rented sector.
Landlords are profiting by selling before the Renters' Rights Bill, then reinvesting in post-Bill bargains.
The Government has started to “bring landlords into line”, but more needs to be done to tackle the pressures in the private rented sector, a Labour MP has suggested.
One in five renters has borrowed money that needs to be paid back for their five-week cash deposit, putting them in a precarious financial position before moving in.
Landlords struggling with “needlessly complex” HMO licence renewal applications are fed up and selling up, according to Portsmouth & District Landlords Association (PDPLA).
The search is on for Landlord of the Year as part of this year’s LIS (Landlord Investment Show) Awards.
Landlords will have to use the new Making Tax Digital for Income Tax Self-Assessment system, the Chancellor has confirmed.
Tenants in Scotland are being targeted by a new campaign that aims to make them aware of their rental rights.
Jas Athwal, the Labour MP who was shamed for renting out mouldy and unlicensed flats, has stood down as a councillor for Redbridge Council.
DWP is expected to look at reforms that will make it harder for landlords to have money deducted from a tenant's UC benefits to repay arrears.
A landlord has revealed how increasing risk and a “lack of joy” has prompted her to start offloading half her portfolio ahead of the Renters’ Rights Bill.
A “lackadaisical” landlord who rented out an unlicensed and cockroach-infested HMO has been told to pay £10,834 back to three tenants.
Peterborough Council is considering banning a rogue landlord who was handed a fine for housing a family in an uninhabitable property for a second time.
A “terrified” landlord has urged the government to reconsider large parts of the Renters’ Rights Bill
The Welsh private rental sector has lost a worrying 1,107 landlords in the last five years, coinciding with tougher rules around evictions and new tenancy agreements.
One of the largest gatherings of landlords under one roof is due to take place on 19th March in London.
After pursuing a £30,000 fine against one landord, his local council has vowed to go for other non-complilant BTL operators.
Our experts help landlords looking to expand to plan ahead on several fronts including legislation, financing, tax, insurance and the fast-changing rental market.
Landlords have been urged to make sure they document inspections after a tenant managed to avoid eviction by blaming the lack of a recorded carbon monoxide detector.
Rising EPC scores suggest that achieving a C rating by 2030 shouldn’t be such a cause for concern, according to landlord energy efficiency platform epIMS.
Rent arrears jumped by 44% to an average of £2,597 during the final three months of 2024, latest year-on-year figures reveal, while on a quarterly basis they increase by 26%.
Landlords know the score – it’s tough out there and hordes of Landlords are rushing to sell before Section 21 is abolished.
New data reveals that 20% of landlords across England and Wales have sold property during the last 12 months, almost three times more than the 7% who had bought new homes to rent.
One of the UK’s largest tenant referencing firms has warned that the restrictions to be placed on landlords by the looming Renters’ Rights Bill will push up rent arrears.
The new Labour Government has been busy changing the rules on EPCs for rentals and there’s ongoing consultation exercises to decide what changes are needed
A landlord has been fined almost £5,000 after being found guilty for a second time of operating an illegal HMO.
Middlesborough Council has brought in new planning restrictions to clamp down on the “wrong sort of HMOs”.
Gateshead is to push ahead with new property licensing schemes despite local landlords and letting agents opposing them including 93% saying the fees are ‘too high’.
Rental property yields are shrinking as the costs created by more regulations and legislation eat into landlord profits – so is it time more BTL landlords became SME developers?
Scotland’s tenants’ union has warned that removing rent rise reprotections will lead to an uptick in de facto evictions and homelessness.
Maidstone Borough Council has become the latest authority hoping to entice private landlords to hand over their properties in exchange for guaranteed rent.
A rogue landlord who squeezed six people into one room of his HMO has been told to pay £37,000 in fines and costs.
