Two recent court cases have made it clear that landlords who refuse to accept potential tenants solely because they are on benefits are, at best, on very shaky legal ground. In both cases, the judges ruled that refusing the applicants was indirect discrimination under the Equality Act 2010. Landlords should […]
Becoming a landlord can be extremely lucrative if done correctly and is an attractive option for many people both as a career option and as a way to make additional income on top of what they already earn. Despite the popularity there are a number of aspects that many first […]
A question I am sometimes asked is ‘what is Net Yield and how does that differ from Gross Yield?’. In an earlier post we thought about gross yield which is expressed mathematically as the rent divided by the purchase price, or the value, times 100. It provides a very basic […]
While bedsits and roommate arrangements have always existed, a number of cultural shifts are increasing the number of HMOs. This includes the increase of Monday to Friday renters in London and other urban centres and college students moving from dorms to shared houses. As a property owner, HMOs can be […]
As a landlord, you need to manage your property. Even if the law didn’t say so (which it does), that’s just plain common sense. Unfortunately, your tenants won’t necessarily see it that way and this is where the law can get very interesting. The law in brief Your tenant has […]
Many landlords prefer non-smoking tenants for a variety of reasons. Most of these revolve around the fact that smoking is a fire hazard which can also cause a lot of damage to a property. In principle, this is one area where landlords have the law on their side. In practice, […]
No matter the sector, be it technology, finance, manufacturing, resources, real-estate or any other, virtually all UK businesses rent their HQ and operational premises under commercial leases. As the impact of COVID-19 on the UK economy becomes clear, an increasingly common question is: “What steps can I take concerning reduction […]
Business Rate Reliefs, Mortgages Frozen, Tenancy Eviction Bans it all seems a lot to take in right now so how can you profit (or at least ensure you are least effected) through these hard times ahead?… We look at the current situation in the UK In light of the most […]
On 11th March, Chancellor Sajid Javid will deliver this government’s first major fiscal statement. In many respects, it has been a long time coming. Recent fiscal statements have been notably light on reforms due to the uncertainty surrounding Brexit. This budget will be different – it is the first of […]
Life as a landlord isn’t without it’s ups and downs, with no shortage of challenges. Whether you are new to the industry or an experienced operator, the issues faced are often similar, particularly when letting to student tenants living away from home for the first time. Bill-splitting service Glide has […]
