Landlords

Signing A Lease With No Advice Is A Gamble

Signing a Lease Without Legal Advice? Don’t Do It!

Entering into a lease, whether commercial or residential, without taking legal advice is, to say the least, highly unwise. A landowner who fell into that trap put himself at serious risk of an unwanted tenant moving into his newly built home. The man bought 40 acres of land on which stood a racing stable. A keen equestrian, his plan was to build a home for himself and his wife, a certified trainer of horses. He was at first on amicable terms with a racehorse trainer who had for years lived in a static caravan on the land, and agreed that …

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Houses in Multiple Occupation - Breaking the Rules Will Cost You Dear

Houses in Multiple Occupation – Breaking the Rules Will Cost You Dear!

Houses in multiple occupation (HMOs) are for good reasons heavily regulated, and landlords and letting agencies that fail to measure up to required standards can expect to be hit hard in the pocket. In one case, a letting agency which had no reasonable excuse for breaking the law received a stiff financial penalty. The case concerned a two-bedroom house which, when a local authority housing officer visited, was occupied by five people, forming three separate households. The agency, which bore responsibility for managing the property, was fined £25,000 by the council for breaches of the Management of Houses in Multiple …

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