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Insights - Regulations
Labour’s New Rental Reforms: A Seismic Shift And Five Solutions for UK Landlords
Labour’s rental reforms are bringing major changes to the UK’s private rental sector, aiming to enhance tenant rights but also creating challenges for landlords. These challenges include the end of no-fault evictions, indefinite tenancies, and rent increase restrictions, leading to uncertainty and potential financial implications for landlords. However, guaranteed rent agencies offer a solution by handling property management and providing a guaranteed rental income, ensuring compliance with new regulations and offering peace of mind to landlords in this changing landscape.
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Loophole Means Section 21 Ban Delay “is Not What it Seems” – Claim
Goodlord’s Oli Sherlock argues the government’s delay on the Section 21 eviction ban is misleading. Despite assurances, some landlords may still serve Section 21 notices. Learn about the potential loopholes.
New Rules for Landlords on Smoke and Carbon Monoxide Alarms
Private and social landlords are set to face tougher new rules, making it a legal requirement to fit smoke alarms in all types of rented accommodation, regardless of tenure. The conditions under which they must be fitted will also be widened. Read on for an update on the latest landlord smoke alarm requirements for the UK.
Who is Responsible for Pest Control in a Rental Property?
Bed bugs, cockroaches, mice or rats, it’s never pleasant when a rental property is suffering a pest infestation. But the question of who is responsible for pest control in a rental property remains a grey area. It can be challenging to work out how an infestation came about, which is generally how to determine who is responsible for dealing with it. Here we look at the typical pest-related scenarios that can arise, and how to deal with them.
The Importance of Regular Mid-term Inspections
Ensuring minor issues don’t escalate into major problems is an exercise that never fails to save landlords time and money. It’s precisely why the mid-term inspection is such a vital tool. Here’s the lowdown on mid-term inspections, why as a landlord you should be investing in them, how often you should be doing them, and what’s involved.
The Biggest Change In Renters’ Law In A Generation
The new Renters Reform Bill changes the balance of power in favour of tenants, because it will increase their security and peace of mind. The new law could make it difficult and costly for landlords to evict tenants or sell their properties.
Updated Advice for Landlords on Right to Rent Checks 2022
Right to Rent checks are set to face reforms at the start of the new tax year on 6th April 2022, with 5th April marking the end of the COVID-related temporary adjustments which allowed checks to be carried out virtually. From 6th April onwards, there will be a new permanent online solution which will allow right to rent checks to continue to be carried out remotely, for all nationalities, and with enhanced security.
What the Delay to Making Tax Digital Means for Landlords
Originally due to be introduced in April 2023, HMRC Making Tax Digital for Income Tax has now been pushed back to April 2024. What this means for taxpayers and, in particular landlords, is the subject of this latest post.
New Evictions Paperwork Compulsory from 1 October
From 1 October, landlords and letting agents are required to use new forms when dealing with Section 8 and Section 21 Notices. It’s crucial that any notice deemed as served from this date uses the new court paperwork to evict a tenant, otherwise it will not be valid. Here’s how it all works.
New Permitted Development Rights – an Opportunity for Landlords?
From 1 August, new a new Permitted Development Rights (PDR) scheme came into force, making it easier to convert commercial premises on England’s high streets into affordable residential accommodation. The scheme will streamline the planning process courtesy of a more simplified ‘prior approval’ process, rather than a full planning application, opening up opportunities for buy to let landlords in converting commercial properties into residential homes.
