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New service charges rules in commercial property

New service charges rules in commercial property

News

Commercial: A new set of mandatory rules introduced from 1stApril 2019 and though the document itself is titled a first edition, itsupersedes 3 previous editions published as codes of practice. The RICS (Royal Institution of Ch

Security & Locks - Buy to Let Renovation & HMO Projects

Security & Locks - Buy to Let Renovation & HMO Projects

Information

Security: Renovating a buy-to-let property can be a great way for landlords to increase the rental income

My tenant left without telling me...

My tenant left without telling me...

Information

Abandonment: When times get hard the instances of tenants leaving without notice are known to increase. Doing a runner�, skipping� moonlight flitting� walking away� or gone away� and in the words of the immortal song;

What happens if someone other than the tenant pays the deposit?

What happens if someone other than the tenant pays the deposit?

Information

Tenancy Deposits: According to TDS (Tenancy Deposit Scheme) less than 1% (0.85%) of tenancies they handle have resulted in a deposit dispute in the year to March 2018, nevertheless its important to get it right when dealing with tenants' deposits.Cleaning was the most com

The Condensation Conundrum

The Condensation Conundrum

News

Viewpoint by Tom Entwistle As winter approaches outside temperatures drop and the perennial landlords problem of winter condensation and black mould rear their ugly heads again.The question is, how do you know if this is caused by the building or the tenant, or is it a co

Tax on income from lodgers and short stay tenants

Tax on income from lodgers and short stay tenants

Information

Landlords' Tax: Internet sites, such as AirBnB, have increased the number of landlords letting to lodgers and to guests on short stays. There are specific tax benefits to this type of letting business which are expanded upon below.Furnished holiday letting</st

Section 21 Notices - for older tenancies in England

Section 21 Notices - for older tenancies in England

Information

Section 21: Most tenancies will never require the service of a Section 21, Housing Act 1988, (eviction) notice. However, on those occasions when it does become necessary, and you just never know, landlords (and agents) will thank their lucky starts they complied with the rul

Asbestos and Your Responsibilities as a Landlord

Asbestos and Your Responsibilities as a Landlord

Information

Asbestos:Asbestos regulations were last updated in 2012 , bringing the UK in line with EU regulations, which means the current regulations have been in place long enough for most

The importance of a Tenancy Application Form

The importance of a Tenancy Application Form

Information

The Application Form You should always use a comprehensive Tenancy Application Form when taking on a new tenant. You need a completed application for each adult tenant in the property.The Tenancy application form is a very important starting point for any residential or comm

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WASPI women need to be fairly compensated after constituent was evicted, says MP

WASPI women need to be fairly compensated after constituent was evicted, says MP

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Liberal Democrat MP Sarah Dyke has called for WASPI women to be fairly compensated after one of her constituents was evicted.

‘Rentflation’ costs young people an extra £1,616, says Barclays

‘Rentflation’ costs young people an extra £1,616, says Barclays

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‘Rentflation’ has cost young people an extra £1,616 on their rent bill in the past year, according to new data from Barclays.

Tenants on benefits will be pushed into poverty, warns NRLA

Tenants on benefits will be pushed into poverty, warns NRLA

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Almost half of all private renters who receive Local Housing Allowance experience a shortfall between their payment and monthly rent, according to new analysis by the NRLA.

Landlords who fail to address damp and mould problems ahead of Awaab’s Law risk legal action

Landlords who fail to address damp and mould problems ahead of Awaab’s Law risk legal action

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Landlords who fail to address damp and mould problems ahead of Awaab’s Law risk legal action, reputational damage, and significant fines, an air quality monitoring firm has warned.

More companies are registered to hold buy-to-let property than for any other type of business

More companies are registered to hold buy-to-let property than for any other type of business

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More companies are registered to hold buy-to-let property than for any other type of business as investors seek to reduce their tax burden, new data reveals.

Landlords have "plenty of opportunities" despite interest rates expected to remain at 4.5%

Landlords have "plenty of opportunities" despite interest rates expected to remain at 4.5%

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Landlords still have 'plenty of opportunities’ despite interest rates expected to remain on hold this week, a specialist lender has suggested.

Number of tenants being asked for a guarantor could increase due to Renters’ Rights Bill, warns Generation Rent

Number of tenants being asked for a guarantor could increase due to Renters’ Rights Bill, warns Generation Rent

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The Renters’ Rights Bill could lead to an increase in the number of tenants being asked to provide a guarantor and to further discrimination, charities and campaign groups have warned

Double whammy for landlords as costs & complexity rise, while rent increases stall

Double whammy for landlords as costs & complexity rise, while rent increases stall

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Letting costs and complexity increase, while tenant affordability stalls...

Number of new licensing schemes lined up has surpassed last year’s total

Number of new licensing schemes lined up has surpassed last year’s total

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The number of licensing schemes lined up to launch this year has already surpassed last year’s total, as councils continue to put the financial squeeze on landlords.

Government promises EPC study is imminent

Government promises EPC study is imminent

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The government looks set to launch its overdue consultation into new energy efficiency standards in the PRS during the next few weeks.

Landlords: Should You Hold or Sell Before Time Runs Out To Act Before The Renters’ Rights bill becomes law?

Landlords: Should You Hold or Sell Before Time Runs Out To Act Before The Renters’ Rights bill becomes law?

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The Renters’ Rights Bill returned to Parliament this week and it getting ever closer to becoming law by the summer has sent alarm bells ringing.

Peers scheduled to debate fast-tracked Renters' Rights Bill

Peers scheduled to debate fast-tracked Renters' Rights Bill

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The Renters’ Rights Bill has had its first reading in the House of Lords and is due for a full debate on 4th February.

Cash announced for empty shop auction scheme

Cash announced for empty shop auction scheme

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Local councils will be offered up to £79,000 to refurbish an empty property under the government’s new High Street Rental Auctions initiative.

North West council extends selective licensing

North West council extends selective licensing

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Burnley has given the green light to a bigger selective licensing scheme covering 3,700 private rented properties.

Big corporates hoovering up homes from exiting small landlords

Big corporates hoovering up homes from exiting small landlords

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Letting agents have reported that institutional and portfolio landlords are moving in to buy stock from exiting landlords.

How will Rachel Reeves' Budget affect property investors and landlords?

How will Rachel Reeves' Budget affect property investors and landlords?

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Budget changes present businesses including landlords and letting agents with some real stiff challenges in 2025

Live-in landlord mocked for seeking 'part-time' tenant

Live-in landlord mocked for seeking 'part-time' tenant

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Social media users have ridiculed a landlord for advertising an expensive room - but asking would-be tenants to stay out until after 8.30pm.

Rising rents fall back from record high

Rising rents fall back from record high

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Average rent in England increased 9.2% to £1,369 in the 12 months to December - slightly down on the previous record-high annual growth.

Pensioner landlords demanded to take over tenant's room

Pensioner landlords demanded to take over tenant's room

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A landlord couple who moved into their tenant’s spare bedroom while she was still living there have been fined.

MPs send amended Renters' Rights Bill to the Lords

MPs send amended Renters' Rights Bill to the Lords

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The Bill has moved another step closer to becoming law, with MPs agreeing amendments that include preventing landlords from taking more than one month’s rent.

January's tax deadline approaches, thoughts turn to this annual task

January's tax deadline approaches, thoughts turn to this annual task

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Keeping on top of your accounts month by month makes the annual self-assessment tax return task easier and makes sure you are in control of your business

The top six misconceptions about limited company buy to let mortgages

The top six misconceptions about limited company buy to let mortgages

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Limited Company buy to let mortgages are increasingly popular, however there are still many myths that need debunking.

Landlords hit with former owners' massive council tax bills

Landlords hit with former owners' massive council tax bills

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Landlords in Kent are inheriting huge council tax bills racked up by the previous owners when buying empty properties.

Portfolio landlords boost share of incorporated properties

Portfolio landlords boost share of incorporated properties

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The proportion of incorporated property held in portfolios of landlords who use limited companies has more than doubled since Q1 2020.

Renters' Rights Bill could exclude scores of private tenants

Renters' Rights Bill could exclude scores of private tenants

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A leading property lawyer warns that removing risk mitigation strategies will make many tenants on lower incomes “unlettable”.

Landlord slapped with £20,000 repayment order for unlicensed HMO

Landlord slapped with £20,000 repayment order for unlicensed HMO

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A landlord must repay tenants £20,000 in rent after he failed to convince a tribunal he wasn’t aware of a licensing scheme.

London borough forces all landlords to license properties

London borough forces all landlords to license properties

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All private landlords in Barking and Dagenham must get a licence from April following the introduction of its selective scheme.

Divorce rates have their impact on rental demand

Divorce rates have their impact on rental demand

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There’s an often-overlooked impact of couples splitting on the demand for housing and particularly for rentals as splits occur every year in the UK

NRLA slams Welsh tenant compensation plan

NRLA slams Welsh tenant compensation plan

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The Welsh government has agreed to explore the possibility of making landlords give tenants compensation if they are evicted.

New book helps landlords prepare for renters' rights shake-up

New book helps landlords prepare for renters' rights shake-up

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A former solicitor and property expert has penned a book on how landlords can avoid litigants and potential crippling fines.

Landlords warned to look out for fake document scam

Landlords warned to look out for fake document scam

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Landlords have been reminded to double check tenants’ documents after several London landlords were handed fake payslips.

Leasehold property listings miss out vital facts

Leasehold property listings miss out vital facts

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Property portals and estate agents are failing buyers of leasehold properties by not flagging up legally required information.

Landlords face higher bills to join new government schemes

Landlords face higher bills to join new government schemes

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Fees for joining the redress scheme and landlord database could be “significantly higher” following amendments to the Renters’ Rights Bill.

Rogue rent-to-rent agency hit with £35,000 penalty

Rogue rent-to-rent agency hit with £35,000 penalty

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A Portsmouth rent-to-rent agency which let out overcrowded and unlicensed HMOs has been handed a hefty fine.