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The Independent Landlord
Великобритания
Добавлен 23 янв 2024
The go-to place for free, reliable advice for landlords and property investors in England, from lawyer turned landlord, Suzanne Smith, who created The Independent Landlord website, one of the leading websites for landlords in England.
The channel is full of tips to help landlords prepare for the Renters' Rights Bill, as well as advice on how to successfully navigate the challenges of being a landlord.
Free property education for landlords and property businesses, that gets straight to the point, without all the politics.
However, the channel does not provide legal advice. This is a complex area where the rules are constantly changing. The rules are also are open to interpretation. Don't rely on what you read on the internet and what you see on RUclips!
If you want to learn more about how to succeed as a good landlord in this period of change, click the SUBSCRIBE button! You can also sign up to my free weekly newsletter using the link below.
The channel is full of tips to help landlords prepare for the Renters' Rights Bill, as well as advice on how to successfully navigate the challenges of being a landlord.
Free property education for landlords and property businesses, that gets straight to the point, without all the politics.
However, the channel does not provide legal advice. This is a complex area where the rules are constantly changing. The rules are also are open to interpretation. Don't rely on what you read on the internet and what you see on RUclips!
If you want to learn more about how to succeed as a good landlord in this period of change, click the SUBSCRIBE button! You can also sign up to my free weekly newsletter using the link below.
Are you ready for 5 rules on rent in Renters' Rights Bill?
The Renters’ Rights Bill introduces 5 new rules about rent that every landlord and letting agent in Englandneeds to get ready for. These include the shift to monthly rent periods, how we set rent, how we advertise rent, the ban on rental bidding and advance rent, plus new strict rules on pre-tenancy payments
In this video, lawyer turned landlord, Suzanne Smith, breaks the 5 rules down for landlords and letting agents, and shares practical action points to help you get ready.
Plus, she goes through the latest on the hot topic of rent controls from the debate in the House of Commons on 14 January.
Whether you’re an experienced landlord, just starting out, or a letting agent, you need to under...
In this video, lawyer turned landlord, Suzanne Smith, breaks the 5 rules down for landlords and letting agents, and shares practical action points to help you get ready.
Plus, she goes through the latest on the hot topic of rent controls from the debate in the House of Commons on 14 January.
Whether you’re an experienced landlord, just starting out, or a letting agent, you need to under...
Просмотров: 966
Видео
New rules ban rent in advance: Renters Rights Bill
Просмотров 1,8 тыс.21 час назад
There are now strict new rules in the Renters Rights Bill about paying rent in advance and initial rent payments which all landlords and letting agents in England need to know about. The new clauses in the Renters' Rights Bill will affect both new and existing tenancies after the Renters’ Rights Act comes into force later this year. Breaching them could result in you having to pay financial pen...
Section 21 Notice: How to serve valid Form 6A notice
Просмотров 557День назад
Want to serve a valid Section 21 no fault eviction notice using Form 6A before it's abolished by the Renters' Rights Act later in 2025? Learn how to do it with this easy step-by-step guide. In this video, Suzanne Smith explains what landlords must do to complete, serve and enforce a valid Section 21 eviction notice. It will help you avoid common mistakes that could invalidate your notice. Appli...
How to self-manage buy to let: Property management for landlords
Просмотров 79014 дней назад
Find out how to self-manage your rental property successfully yourself, without a letting agent! This video explains to landlords what's involved in property management, so you can self-manage your own buy to let, saving you a fortune, and mostly likely doing a better job. Suzanne Smith is a lawyer turned landlord who’s been managing her own buy to lets since 2019. She shares lots of straightfo...
Renters' Rights Bill | Answers to key questions
Просмотров 72621 день назад
Answers by lawyer turned landlord, Suzanne Smith, to 7 key questions that landlords are asking about the Renters’ Rights Bill, Labour's version of the Renters Reform Bill. These include whether the Bill will kill buy to lets, how it will affect HMO landlords and the student market, and rent controls. Also includes the timing of when the new renter reform rules will come into force in 2025, incl...
What's happening with rent in 2025?
Просмотров 59621 день назад
Are you wondering what’s likely to happen with rent in 2025? Will the level of rent keep increasing or is it likely to stabilise? Watch this video for an update on the latest market data and insights on rent levels and an analysis of the predictions from Rightmove and Zoopla for 2025. Find out the likely effect on rents in 2025 in England as a result of increased regulation in the setting of re...
Increase rent with Section 13 Notice (Form 4)
Просмотров 58521 день назад
Easy to follow, step by step tutorial to guide you through completing the Section 13 rent increase notice, called Form 4. Form 4 is the government template form that landlords and letting agents in England need to complete and serve on tenants if they want to increase rent using the Section 13 procedure. For use during a periodic tenancy without a rent review clause. This video is an easy and p...
Looking for good tenants? Step by step guide
Просмотров 354Месяц назад
Are you a landlord who wants to find good tenants? Check out this step by step guide to help you weed out the bad tenants, through good referencing, affordability checks and other tips. Tenant selection will be more important than ever when the Renters’ Rights Bill comes into effect in 2025 as it will be harder for landlords to put right bad choices. Lawyer turned landlord Suzanne Smith walks y...
How to get ready for Renters' Rights Bill
Просмотров 731Месяц назад
This video is full of straightforward, practical tips for landlords on how to get ready for the Renters' Rights Bill, from lawyer turned landlord, Suzanne Smith. I take a risk-based approach that helps you put the changes in the Renters' Rights Bill in perspective and understand what you'll need to do to get ready? But without going overboard. It's Part 5 in the free training course, Renters' R...
New rights for tenants in 2025: Renters' Rights Bill
Просмотров 797Месяц назад
Exactly what new rights tenants will get when the Renters’ Rights Act comes into force in 2025? Part 4 of a series of free training videos called Renters' Rights Bill Explained by lawyer turned landlord, Suzanne Smith. Check out this video to understand what rights tenants will get at every stage: when they view a property, when they sign up, during a tenancy and at the end of the tenancy. ➡️ Y...
How to evict tenants with Section 8 after Section 21 abolished
Просмотров 2,2 тыс.Месяц назад
How will landlords be able to evict tenants after Renters' Rights Bill abolishes Section 21 no fault evictions? Find out how landlords will be able to use key new Section 8 grounds for possession from Labour's renter reforms to evict tenants and get their property back. The Renters' Rights Bill is due to come into effect in 2025 and will bring in new rules which will change landlords’ rights to...
Renters' Rights Bill: The new obligations for landlords
Просмотров 1,5 тыс.Месяц назад
What extra obligations will landlords have when they rent out properties once the new rules in the Renters' Rights Bill comes into force in 2025? What will landlords need to do differently? Part 2 of a series of a free training course called Renters' Rights Bill Explained from lawyer turned landlord, Suzanne Smith. Here's an outline of the training: 🔹 Overview of the new obligations for landlor...
The big changes to tenancies in 2025 | Renters' Rights Bill Explained
Просмотров 2,3 тыс.2 месяца назад
How will the Renters' Rights Bill will change tenancies in 2025? What landlords need to know about the the new periodic assured tenancies. Check out this video to understand the practical implications for landlords and letting agents in England Part 1 of a series of free training videos called Renters' Rights Bill Explained. The Independent Landlord RUclips channel @indie_landlord by Suzanne Sm...
Welcome The Independent Landlord, with Suzanne Smith
Просмотров 8952 месяца назад
Welcome The Independent Landlord, with Suzanne Smith
Morning - found you after watching your Charlie interview recently. When this becomes law will all new tenancies mean that a Landlord can serve just one or two months notice to the tenant? If for example the Landlord didn’t like the tenant after 2 months, they could serve notice? Thanks
Thank you. Another great video : ) Re the FTT and rent increases. Will they have the power to reduce the rent lower than the current rent the tenant is paying (before the proposed increase) or do they just have the power to reduce the increase proposal?
Excellent question. The wording just refers to the FTT having the power to set the new rent amount at the “open-market rent”. This suggests they are not limited to saying if it should stay the same as it is before the notice.
Can an evacuation notice be served via email?
It depends on what’s in your tenancy agreement but I would always recommend a hard copy, with email as a back up. (This isn’t legal advice 😊)
I love your sincerity and the smile on your face when you are talking serious!!! How do you do it???
Thank you. I guess I love what I do and see the funny side of things and like to keep things light. Even serious topics.
This was very good and give insight to the form 4 and section 13, still the bests after 5 hours on the net....you won my subscription and a big thumb!!!!💌
Thank you! I’m a new RUclips channel and do it all myself. I really appreciate the lovely feedback 😊
I’m a renter, happened upon this video by chance. Thank you for this well structured presentation. Certainly informative as to how this will affect Landlords.
Thank you. I did this video for renters in November that I hope you find useful. Please share it - I try to do balanced videos. ruclips.net/video/LL7SDU5g5EA/видео.htmlfeature=shared
Excellent information and very well presented. Thank you. I would also add that I would not go anywhere near a letting agent who is offering a rental guarantee. First of all, it probably means they’re not a very good Property Manager if they have to market themselves in this way. But most importantly, it puts them at cross purposes against your best interests. They’ll do anything to get that property rented before the rental guarantee expires, even if that means putting an unemployed heroin addict with 300 children and a pet rhinoceros in your property.
I agree. I take out rent guarantee insurance, but that is different. I find tenants myself using OpenRent
Fantastic information from a real professional!! Thank you so much!!
Thank you!
Your videos have been really helpful there is a question I would like to ask : a week before giving my tenant a section 21 i got a Epc done by an assessor but he didn’t process it and gave me the certificate until after the section 21 so I’ve got 2 different dates on the epc one is when the accessor done it and one when he process it which is after the section. I just want to know is my section 21 still valid? I’ll be grateful is you get back to me thank you
Thank you. You don’t need to replace an EPC if it runs out while they are there, unlike gas safety certificates. The important thing is that you have it to them at the start.
Thank you. You don’t need to replace an EPC if it runs out while they are there, unlike gas safety certificates. The important thing is that you give it to them at the start of the tenancy.
@@indie_landlord thank you for getting back to me the epc expired in December 2023 and a new tenancy was written in January 2024 but the tenant has been living there for years.
@@laylalayal709My understanding is you don’t need to serve an EPC if existing tenants renew and all the parties are the same. You only need one when you are marketing a property to let. This is so new tenants will have correct information about the energy performance of the building. But do take your own legal advice on this
Good eve, I know this may sound like a loaded Q. But why do Airbnb's not have to follow a set of similar rules plz? I am considering going down the Airbnb and switching between lodgers routes becos they not only seem seem complicated but might bring me in more money over say 1-month period £1000k p/m RENT versus £2000p/ AIRBNB.
Hello. Here’s a blog post I did in July. It has the pros and cons. It’s a bit out of date but the new government are wanting to increase the regulation of short term lets. I did Airbnb for 10 months and was a Superhost. It’s totally different from being a landlord and a lot harder work. The costs are high if you don’t do the cleaning etc yourself and the linen and wear and tear are expensive theindependentlandlord.com/resources/property-investors-glossary/short-term-lets/
Great video on Rent Suzanne! CN the rent period be set at 50 weeks and rent charged for 12 monthly payments based on the total amount per annum? Eg monthly rent of £2,000 for an annual rent of £24,000?
Unfortunately not. The maximum rent period length is one calendar month. I explain more here: theindependentlandlord.com/renters-rights-rent/
Thanks for another informative video. I have a question regarding setting a fair market rent. I have a large 3 bed ex council flat and it is super rare to see a similar such property in my post code area. How would you approach making comparisons in such cases? I was thinking to extend the range to also include 3 bed flats outside the first part of my postcode which would be closer to the town centre but that seems unreasonable due to the uplift proximity to town centre naturally has, or perhaps looking at 2 bedroom flats which are closer to my flat but I don't know how to calculate the extra rent for the 3rd bedroom. Any advice you can give will be appreciated 🙂
Hello. I’m not sure. Maybe ask a couple of letting agents? Often I just guess and if I don’t get much interest I reduce the rent.
Question: I have a tenancy in Scotland with 6 month rent periods and I assume nothing changes there?
I think the rules on rental discrimination apply to Scotland and Wales, but that’s all.
@@indie_landlord Yes that was my understanding also. Thanks for the feedback :)
Awesome thanks again Suzanne! Congratulations on 1000 subs!cibers and you certainly deserve a lot more!
Thank you! I’m still a new channel. So long as I keep providing valuable content, they’ll come
This is really informative and your videos are well structured. Please keep posting.
Thank you so much. It's really nice of you to take the time to comment.
I really appreciate the time and effort put into all of your videos you have helped me so much. I have also signed up to your newsletter and regularly check your website for info
Thank you! I enjoy doing the videos and it's nice to get positive feedback. Thank you for subscribing to my newsletter as well!
Thank you for the video, as always presented in a dedicated, polite and informative manner.
Thank you. Much appreciated :-)
The tribunal delay is a monumental joke, way too complicated. Just imagine how they're going to able to actually monitor this.......
I agree. The increase might be entirely reasonable, eg 2% and below market value, yet still it will be delayed if the tenants appeal.
Keep up the great work Appreciated
Thank you! I appreciate you leaving a nice comment.
I already only use Section13 for all rent increases so unless they are fundamentally changing I imagine that won't look much different. I will be very glad when this damned Bill is Law and we all know what we need to do, rather than guessing.
I agree about Section 13. I've started using it myself for those tenants who are on periodics already. (I give them the choice). I'd also like to know WHEN it's all going to happen!
Hi Suzanne, is there any news on clause 11 and guarantors? Has this been included or did it get dropped?
The government amendment that said guarantors won't be liable for rent after a tenant's death is now clause 21 of the bill.
People, the rental game is up Sell and invest it, not worth the agg I have now sold 22/25 of my rentals and my life is much less stressful
Sorry to hear that. A lot of people are in the same boat as you. I only have a small portfolio, so it's easier for me, and all my tenants are lovely
We have far too much overly complex legislation. Okay if you can afford expensive lawyers.
I agree the legislation is unnecessarily complicated . And that’s partly why I set up my blog and this RUclips channel to help landlords with free content on how to comply with it.
Wow. I found you . I have been a landlord for years . Been watching so many videos of other . You will be a very helpful for me . Thank you 🙏🙏🙏🕉️
Thank you! ☺️
Keep searching, you'll find a loophole 😂
Beware! The government has given itself a lot of powers in the bill to turn loopholes into a knot.
Thank you your post was very helpful. My tenants want to apply for a council place and the council lady told me to wright down 2 months notice do you know where best to write this on the 6a form?
I explain it at around 02:31 in the video - you add the two months plus a week to be on the safe side to question 2. I go through each question in the video.
Thank you so much , so glad i discovered all your content and the recent training content, it has been an absolute life saver , really has.
Awww, thank you. This was my first short and I'd been wondering if people would discover it. I'll do more as they are really quick to do, unlike the long videos that take me days to edit (I do it myself)
At 67 year old the RRB is becoming a headache. I have a very good tenant since 2013 on a ASST The tenant was made aware of my intention in 2013 and reminded late 2024 to sell the property at 70 year old. I would appreciate advice on whether I will be able to sell under new legislation. As said I have made tenant aware of my intention to sell and given 3 years notice of my intentions hopefully to give time for her to buy the property at market value by independent valuers. I have a relatively good relationship with my tenant but need advice to protect myself from future protracted legal action
Hello. I can’t give individual advice and I have a disclaimer etc. But you will be able to serve a Section 8 notice using Ground 1A once the RRB comes into effect. I explain it here and there’s a link to a written version on my website. ruclips.net/video/2KHz2F-Re5o/видео.htmlfeature=shared
@@indie_landlord Thank you Suzanne
The simple problem is that there are far too many unscrupulous landlords and agents, this will stop that. Unfortunately it has a knock on effect for all of us good landlords. It will only mean rent rises due to landlords needing water tight insurance products. Thank you for the video, much appreciated 👍
Thank you. They should spend their energies regulating letting agents!
Respectfully they shouldn't be regulating at all. It is meddling third party 'criminal mafia (govt)' that has utterly destroyed Private sector housing. Free markets and open competition would completely solve this state criminality
Thanks Suzanne.❤ This is the biggest shake up of the PRS in a generation. I don't think the vast majority of landlords have any idea about this legislation or if they know of it they are not taking it seriously.
I agree and I’m doing my best to explain it all. Thanks for your support 😊
madness. (I'm not even a landlord and I thought it was madness before I watched this video and you just confirmed it)
Yes, and it's going to be tenants who suffer. Particularly those who don't have a good credit rating as landlords will be wanting rent guarantee insurance
thank you Suzanne great stuff!
Great video, thank you. I think the government‘s going to trip itself up on this one, most of the local authorities only like to pay the LHA rate and pay large upfront payments for you to take troublesome tenants off their hands. Now they’re not going to be able to so they’re shooting themselves in the foot. They’re not able to meet market rate rents and they bypass it that way. But now they will have no choice. But I suspect the LHA rates will not move. The only time I ever take an upfront payment of say two or three months is when the person has an extremely chequered background fails the normal credit referencing and I’m happy to be a nice person and take a punt on them. I guess those people no longer have a place in our society anymore to rent properties according to the government because what landlord wouldn’t be motivated to give someone that has multiple CCJ’s for rent arrears a tenancy when they can’t charge an upfront rent, have a large deposit or get insurance on them. This bill could create a class of renter that only the government is able to house. Yet the government can’t because there’s no properties available at the LHA rate. It’s funny that all the stuff targeted to help tenants generally speaking a few years later ends up hurting them. The good landlords will play by the rules, even if they’re frustrating and annoying. But the bad ones were just carry on anyway. But what this is forcing along with the previous legislation is for good landlords to leave the market. The section 24 changes, licensing costs, and punitive legislation, just leads together the good landlords selling up mostly. Half of the landlords I know have sold up. Virtually every new tenant that Enquiries with me comes with the reason my landlord is selling the property. No wonder the rents are is skyrocketing, the shortage of demand the onerous legislation is legislation.
Such good points. I'm surprised that LAs aren't complaining about this, and aren't asking for an exception as it's going to make it a lot harder for them to find permanent accommodation for the many people in temporary accommodation who won't pass credit checks. My 3 most recent lets were to tenants who'd received s21 notices as their landlords were selling up.
Many people can end up with poor credit histories, so the rent in advance option should be available, perhaps with some controls to protect both parties. No surprise that local authorities are out of step. When you see how corrupt social services are, how they make false statements, perjure themselves in the courts, it is no wonder whose lives have fallen apart. The problem is that they are unaccountable to all but a few wealthy enough to afford legal support and or have other avenues of support. Then when they get the bully boy police involved, it is even worse. Due to inbuilt bias against men within social services, etc. I would say that in particular it is men who need access to suitable housing, as they can go from a mortgage home, to being homeless very quickly. I gave up letting decades ago. Even then it was not worth my time as a busy professional. One of the biggest things is the variability in the way people treat houses, I would like to see certification for tenants to show that they understand what is suitable, but at the same time properties should be easier to live in. The lack of a proper hallway for outdoor stuff, lack of ventilalted drying space, lack of storage, minimum room sizes, there are lots of things which would make people's lives easier. Some of this comes down to planning, and should be standard for renters and buyers a like.
Much appreciated
Thank you!
Do you have a template for that letter Suzanne? I’d like to send it to my MP too. Thank you for the video x
I don’t have a template. I just wrote explaining how it was unnecessarily complicated to stop landlords from asking for the initial rent until after the agreement is signed as it means 3 payments instead of 2 (usually tenants pay the tenancy deposit and first month’s rent at the same time).
@@indie_landlordyeah that’s how I’ve always done it. But to be fair, for bookkeeping it might be better to have the two payments 😅 but I mean that’s no reason to make it extra complicated for everyone!
Really appreciate your content Suzanne. Thanks again.
Thank you. It’s nice of you to leave a comment 😊
If existing contracts runs into new year, no point in redoing another contracts as it rolls into a periodic rental automatically from april.
I wonder how people will poor credit, new to country will ever rent if landlords cannot take 6 monthly or yearly deposits in the future. No good credit you can't even get a rent gaurantee insurance right? Esp students and people like that.
Amazing video. Not many people can intercept the complicated legal wording as well as Suzanne.
Thank you! Must admit I found it hard to make sense of it all!
Great video Suzanne. Thanks for the update.👏
Thank you! Nice of you to leave a comment 😊
IF this is how the legislation remains, l am definitely out. That will be the last of the last straws. When my existing Tenants move on l will sell up.
The rules go too far and I hope good sense will prevail
I sincerely hope they realise this and revise them. There is absolutely no way l will ever hand over keys without a Deposit and first months rent being paid first, even if it meant the Prospective Tenants bring it in cash to the signing of the Tenancy agreement. No cash, no signing, no keys. Who wants it to be like that? 😑 It appears to me that this RRB puts the Tenant and landlord on an unnecessary adversarial footing from the start.
I think this is what they want. Landlords selling up.
@@AlanFM900is it common at the moment for the tenancy agreement to be signed on move in day after the first months rent has been received. This doesn’t appear to prevent this. If anything it might encourage more landlord delaying signing until move in date.
Fantastic video as always Suzzane. Thank you for you FANTASTIC work. 💞👏
Thank you! I hope I made it intelligible!!
@@indie_landlord only you do Suzanne ❤
Great info, as usual!!!
Here's the blog version of the video that explains the new rules: theindependentlandlord.com/rent-in-advance/
Great video, especially for landlords who think that they may need to do things before the new rules come in. I’m a portfolio landlord in Wales and although the new rules came into force we are still able to use a form which means we can get our properties back with 6 months notice, which I have no problem with until news recently came through that the Welsh government are currently going ahead with plans that state if you need to sell or move back in to your property you will have to pay your tenants compensation!! I have great relationships with my tenants, keep the properties up to a good standard and keep the rent £100 less than the market rent value but have one property where the tenant has been consistently late with payments with a different excuse every time, yet I have persevered for over a year to keep them in the property but have it in the back of my mind that unless they can start paying on time eventually I will sell the property and concentrate on the rest of my properties. Thanks to more government measures I’m thinking I may need to ask the tenants who are constantly late with payments so I may sell before I have to pay them compensation. Surely this will only cause more selling, less rental stock and higher rents for those who need to rent in the coming years. Be prepared England landlords!
Read blog version of video here, with all the links: theindependentlandlord.com/section-21-notice/
Excellent video as always. You are so industrious Suzanne. Thank you so much for this . 😊
Thank you! It seems to have taken over my life!
My landlord changed the addresses of the 3 properties in the house in 2018 to flats A, B & C in Jan. 2018 shortly after Universal Credit came into force in my borough. Likely because one of them was named "studio flat", a 16sqm bedsit with a bathroom in essence. That allowed him to claim full allowance of 1 bed flat rather than "shared accommodation" allowance for the UC claimant in the property. The S21 notice sent by his solicitor to me 2 months ago has the old (invalid) address, "Ground floor flat" instead of Flat A. Very surprised you didn't mention this in your video as I'll now be able to defeat the landlord in an upcoming defence hearing and he will be liable for the court fee. 🤭 A legal document to be approved by a judge MUST be 100% accurate. How much is a court fee for a S21 defence hearing these days anyway?
The video is not a comprehensive guide with every single detail, and I say that landlords should get legal advice. The blog post does include this. I am not sure I agree that a judge would decide the notice is invalid when it says what is in the tenancy agreement as opposed to the new flat name, when the intention is clear. In any event it's easy for the landlord to reissue the s21 notice with the new address.
@@indie_landlord Well I signed a new tenancy agreement in Jan 2018 with "A" added to the address by the devious, tax plundering shyster. I'll wager you a tenner the Judge does rule in MY favour in a few months time? 🤝
A tenancy of May 2021 which become periodic in May 2022 was provided with the latest available how to rent guide of 2020 (I have no proof) to be safe which how to rent guide should be provided now before serving the S21? An easy read version was published in 07/2021 followed by one in March & October 2023?
I guess all you can do now is serve the most up to date one from October 2023 now and any new one before you serve your s21 notice. Note my disclaimer in the description! Good luck :-)