Changes to the Tenant Fees Bill, which has just passed through Parliament, mean that landlords can no longer charge indiscriminate fees for spurious reasons. New plans revealed by the government a few days ago mean landlords will now have to provide evidence before they can charge tenants reasonable costs for repairing or replacing items.
This week we’re looking at all things landlord / tenant fees. From holding fees, deposit fees and end of tenancy fees, we’ll be covering everything you need to know about the different fees you’re able to charge your tenants, and the legislation that’s changing everything. You’ll be an expert by the end of this week! […]
Many landlords don’t want to take on social housing tenants. They actively discourage tenants in receipt of Universal Credit not to apply for their properties because they don’t want to be stuck with tenants who can’t/won’t pay the rent.
Research carried out by The Daily Mail’s Money and Property section has revealed that higher rate taxpayer landlords with buy to let mortgages are paying an effective tax rate of 66% on their rental profits. Landlord organisations now fear that such a dismal return will encourage many landlords to leave the sector. If this happens, […]
On the 5th September MPs voted on a government bill that seeks to improve the rights of the UK’s tenants. Some would argue that any improvement is great, but Labour doesn’t feel that the new draft laws go far enough. They want to add extra amendments so landlord and letting agents face even tougher penalties […]
Most landlords are law-abiding people who want to do the best job they can for their tenants, but a small minority continue to capture all the headlines and create havoc in the private rental sector.
After quizzing the landlords on its books, an online letting agent has revealed that only 5% of those surveyed described themselves as professional landlords, i.e. they owned five or more properties. The rest had another job and used buy to let to supplement their main income.
With millions of students heading to university in a few weeks, student landlords up and down the country are frantically working hard to replace mattresses, fit new appliances, and prepare their accommodation for the hordes of young people moving to uni towns and cities.
Most landlords advertise their properties online, typically using a site like Rightmove or Zoopla. Some also use social media to attract tenants. Either way, a property listing outlining all the properties features and including photos is the best way to attract a suitable tenant. Unless you are lucky enough to live in an area where […]
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Most landlords have a horror story relating to a tenant who didn’t pay the rent, trashed the place, or did something equally dire. A whole host of landlords recently posted on confessions sharing app, Whisper, revealing exactly what horrifying things they had found after tenants had moved out – and in some cases, before…
Despite all the doom and gloom caused by landlord tax changes, Brexit, and probably the weather, not all landlords are throwing in the towel.
Selective licensing schemes are becoming increasingly popular. Local Authorities designate certain properties as subject to licencing.
Landlords are being invited to brush up on their fire safety skills via a free online voluntary course. The course aims to boost landlords’ knowledge of key fire safety issues and make them fully aware of their legal obligations.
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