2 years ago I purchased a company with a 10 year lease from my ex boss, on a 10 year lease, the lease was set up by a solicitor. After 2 years the business is struggling and is not viable. I feel that my solicitor ill advised me as there was no break clause mentioned. Where do I stand on t
Good Left in the Premises or Uncollected GoodsFrequently, tenants leave goods after their tenancy has concluded or when they have abandon the premises during a tenancy. Uncollected goods and possessions left or abandoned in premises by tenants can pose a real problem for landlords.
<h1 Standing Order</h1>What are Bankers' Standing Orders?</h3><ul <li Standing Orders allow landlords to automate the process of collecting rents</li> <li They safeguard tenants in that the landlord cannot change the payment amount, as is the case with direct debit
The Possession Procedure - 1988 Housing ActThe possession procedure under Section 8 of the Housing Acts 1988 & 1996 is known as the Section 8 Route and is available to landlords where the tenant is in breach of one or more terms of
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
Despite warnings about potential unintended consequences of the Renters’ Rights Bill, the Bill is speeding through Parliament
The Scottish government will scrap its temporary rent control legislation on 31st March, in a move which promises to boost landlords’ confidence.
Build-to-rent developer Grainger has seen impressive growth thanks to a supportive government and the battering of smaller private landlords.
From dwindling profits to tenant pressure groups and legislative interventions – landlords all over the UK have had enough.
The Bank of England has cut interest rates by 0.25 percentage points to 4.5%, raising hopes of better mortgage deals for landlords.
Reforms to the private rented sector will make it harder for swathes of students to access university, a coalition of student housing providers and property portals has warned.
A landlord whose tenants were forced to use a drafty bathroom in the garden has been told to pay out more than £14,000.
Three company directors have each been banned for seven years from running companies after 42 investors were misled about the return of £4.13m they had ploughed into a student accommodation development in Derby.
Three quarters of landlords believe the private rented sector has got worse recently and half are planning to quit, the new report has also found.
New Government schemes that are offering advice to help tenants with legal issues
The Competition and Markets Authority (CMA) is scrutinising green claims from boiler maker Worcester Bosch to see if they mislead landlords.
The Renters Reform Bill is expected to get its second reading on Monday, heralding a huge shake-up of the sector after four years in the planning.
A leading landlord has welcomed the Government’s recent U-turn on EPCs, telling a webinar this week that he was facing a ‘crazy’ bill to upgrade his portfolio of properties to the minimum ‘C’ band.
A quarter of landlords are to sell some of their property portfolio in the coming months but not in the volumes previously claimed, a big letting agency has claimed.
Energy Security and Net Zero Secretary Claire Coutinho (main picture) has rejected the idea of tax breaks for landlords to pay for green upgrades.
Harlow Council in Essex aims to take a harder line with private landlords by introducing civil penalties as an alternative to prosecution.
Landlord leader Ben Beadle has pinned the shortage of private rental sector homes squarely on the Government, saying George Osborne’s decision in 2015 to cut mortgage interest tax relief for landlords has been the key driver of the current stock crisis.
Tenants on benefits will get more help when paying court fees during evictions and claiming Rent Repayment Orders after the government expanded its Help with Fees scheme.
Burnley Council has launched plans to clamp down on landlords converting homes into small HMOs.
PRS chief Sean Hooker relects on the bumpy ride landlords face in the coming months, and how they can get prepared for the changes.
The average mortgaged landlord paid 37% of their rent on mortgage interest in August, up from a low of 24% in November 2021, according to Hamptons.
Thirty charities and non-profit organisations have written to the Prime Minister urging him to ensure the Renters Reform Bill is passed during this Parliament.
A WhatsApp-style ‘dating service’ designed to marry up landlords and tenants has launched seeking to simplify London’s ‘chaotic’ private rented sector and rival established portals such as Rightmove and Zoopla.
There’s now a significant proportion of adults in the UK struggling to meet their rent or mortgage payments
Landlords who took out a new mortgage between April and June this year made an annual cash loss for the first time since 2007.
A landlord who ignored improvement notices on his two unlicensed properties has been handed a £15,000 fine by magistrates.
It is very convenient and timely to accept documents relating to tenancies signed electronically and transmitted electronically - are they legal valid?
A letting agency in Hove has been ordered to pay nearly £69,000 for “abhorrent and vile” behaviour towards its tenants.
Renters with pets or children are paying as much as £460 more during their tenancy compared to other renters.
After a tough week, starting with reports from the Telegraph urging banks to “stop treating landlords like cash cows”.
A buoyant private rented market continues to outshine the struggling sales sector, although there is cause for optimism long-term, reports The Royal Institution of Chartered Surveyors (RICS).
Landlords wondering how the planned register for landlords in England may operate have been given a taste of what’s to come following a case in Glasgow.
Barclays has been ordered to pay benefits landlord Mick Roberts compensation over a long-running saga which saw him wrongly given a bad credit rating.
Landlords looking to re-mortgage until December 2024 at a typical 6.5% rate face an alarming 52% jump in their monthly mortgage payments, according to credit ratings agency DBRS Morningstar.
