Topic filter : Assured Shorthold Tenancy

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....But let’s be clear why buy to let has grown so rapidly in the UK: it wasn’t down to a sudden outbreak of greed, but because government policy facilitated it. The 1996 Housing Act revised the assured shorthold tenancy, giving landlords the power to evict tenants on a no-fault basis after just six months. ... [Read full article on Guardian ]
Saturday 12th of August 2017 06:00:37 AM
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Latest Finance News related to Assured Shorthold Tenancy

Have we gone too far in vilifying landlords? | Patrick Collinson image
Source : Guardian [Read Article] Saturday 12th of August 2017 06:00:37 AM
....But let’s be clear why buy to let has grown so rapidly in the UK: it wasn’t down to a sudden outbreak of greed, but because government policy facilitated it. The 1996 Housing Act revised the assured shorthold tenancy, giving landlords the power to evict tenants on a no-fault basis after just six months. ...
Trouble in the Dales as holiday homes become the new buy-to-let image
Source : Guardian [Read Article] Saturday 1st of July 2017 06:00:06 AM
....2%, Furness building society and Monmouthshire. Most buy-to-let lenders won’t consider holiday lets, he says, because they require that the property is let on an assured shorthold tenancy of between six and 12 months, which clearly doesn’t work for holiday lets. ...
A guide to tenants' housing rights around safety and repairs image
Source : Guardian [Read Article] Thursday 22nd of June 2017 06:19:30 AM
....For tenants renting privately, Shelter has a good guide to landlords’ legal obligations, including repairs. There have been some cases of tenants being evicted after making complaints but Shelter notes that if you have an assured shorthold tenancy that started or was renewed on or after 1 October 2015, you have some legal protection against revenge eviction if you complain about repairs. ...
Beware the pitfalls that could ground your Airbnb rental plans image
Source : Guardian [Read Article] Sunday 9th of October 2016 06:00:04 AM
.... The Council of Mortgage Lenders (CML) says Airbnb hosts who offer short-term lets without seeking permission from their mortgage lender are “very likely” to be breaking their mortgage contract. This applies to buy-to-let mortgages too – lenders generally do not allow short-term lets and predicate the mortgage on assured shorthold tenancy agreements of at least six months. ...
Record numbers left homeless after eviction by private landlords in England image
Source : Guardian [Read Article] Wednesday 28th of September 2016 02:21:44 PM
....Record numbers of families are becoming homeless after being evicted by private landlords and finding themselves unable to afford a suitable alternative place to live, government figures show. The end of an assured shorthold tenancy (AST) was cited by nearly a third of the 15,170 households in England who were classed as homeless in the three months to June – a number that was up 10% on the same period last year. ...
Landlords clamp down on the rise of subletting without approval image
Source : Guardian [Read Article] Saturday 2nd of April 2016 06:00:01 AM
....Growing numbers of landlords are launching possession proceedings against tenants who have sublet their property via sites such as Airbnb without permission, it was claimed this week. Tenants who do this without consent risk eviction for a breach of their assured shorthold tenancy agreement. ...
Is it a multiple tenancy if I rent my house to three people under one contract? image
.... And, as you have found, most lenders won’t allow multiple tenancies where each tenant signs a separate agreement. Instead, you’ll be expected to let the house using the standard assured shorthold tenancy. ...
Can holiday homes be the next top investment?  image
Source : Daily Express [Read Article] Saturday 21st of November 2015 02:20:00 PM
....”. You cannot buy a holiday let with either a standard residential mortgage or buy-to-let mortgage, Tyler says: “Buy-to-let loans are available only to people who rent out their properties through an assured shorthold tenancy agreement, typically for six or 12 months. ...
Do we need a holiday-let mortgage? image
Source : Guardian [Read Article] Thursday 20th of August 2015 08:36:36 AM
....A Yes. Buy-to-let mortgage lenders make it a condition of the loan that you let any property on an “assured shorthold tenancy” which gives a tenant the right to live in a property for a fixed number of months at the rent agreed in the tenancy agreement. ...
Learn landlord deposit rules or face £3,600 penalty – eight questions answered image
.... . All landlords in England and Wales are caught by the rules if they have an "assured shorthold tenancy" agreement. ...
Bogus letting agents rent through Airbnb to fleece would-be tenants image
Source : Guardian [Read Article] Saturday 11th of October 2014 06:00:01 AM
.... The two fraudsters – they gave their names as Bartolomiej and Vlad Malesa – created a fake letting agency with a false address in London’s Sloane Square. Prospective tenants were given genuine assured shorthold tenancy agreements that listed the agents’ names, phone numbers and addresses – which all evaporated a week later. ...
The studio flat for rent where you climb a ladder on the fridge to get to bed image
....The question is: is this legal? Doesn't a tenant have a right to a certain amount of space?. "Under the Landlord and Tenants Act 1985, any property let by a landlord on an assured shorthold tenancy must be 'habitable'," says Nyree Applegarth, a property litigation partner at Higgs & Sons law firm. ...
Can I 'remortgage' an inherited property to make a house purchase? image
Source : Guardian [Read Article] Wednesday 15th of January 2014 07:00:10 AM
....A In theory, yes you can raise cash by taking out a mortgage on the house you have inherited, but not with a buy-to-let mortgage. That's because BTL mortgage lenders typically stipulate that rental income must come from an assured shorthold tenancy of at least six months, which rules out the weekly rents you will get from a property let to holidaymakers. ...

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