The End of the Section 21 Eviction Notice: How will it Affect Landlords?

Landlords are currently able to regain possession of a property without giving a reason using a Section 21 eviction notice. In April the Government announced plans to change this. What is a Section 21 eviction notice? Section 21 of the Housing Act 1988 enables landlords to evict tenants at any time after the fixed term of their contract has ended. Landlords can do this by serving the tenant with a Section 21 eviction notice, which gives the tenant two months’ notice to leave. The landlord doesn’t need to provide a reason for the eviction. What are the proposed changes? The More ›

Should You Let Your Tenants Keep Pets? 5 Pros and Cons

Letting tenants keep pets has become a sticking point for landlords concerned about upsetting the neighbours and protecting their property from avoidable wear and tear. But with an estimated 78% of pet owners reportedly having difficulty finding properties which allow their fluffy friends, permitting pets brings a raft of benefits too. This includes happier tenants, longer leases, and more revenue due to fewer renting gaps and the ability to charge higher rent. So with 46% of UK renters owning a pet, can you afford to exclude almost half the market? Here’s a list of pros and cons to consider before More ›

A Guide for Landlords Letting to Students

It’s no secret that student tenants get a bad rap. Complaints about loud parties, destroyed furniture and week-old pizza boxes abound. So much so that apparently seven out of 10 landlords won’t rent to students for fear of damages to their properties. But by shunning the student rental market, the majority are landlords are losing out on a lucrative market. For starters, the stereotype of the irresponsible and lazy student isn’t really fair; with rising tuition fees and living costs taking a hearty chunk out of their wallets, today’s students are more conscientious than ever. Buy-to-let properties in university towns More ›

New Tax Rules for Buy-to-Let Landlords: What You Need to Know

New Tax Rules for Buy-to-Let Landlords: What You Need to Know If you are a landlord with a buy-to-let mortgage and will still be renting out your property in 2017, there are some important (and controversial) tax changes coming into force next year. Expect a change in the way you calculate profits for your buy-to-let business. According to the government, almost one in five landlords will end up paying more tax, so read on to find out if you’re one of them. Mortgage interest no longer deductible At the moment, mortgage interest and other finance costs on buy-to-let property are More ›