It is fairly widely known that rental properties are required to have a Landlords’ Gas Safety Inspection prior to being let and then at least annually thereafter while the property is tenanted.
Taxation for landlords is an increasingly complex area and, with several changes recently introduced and several still pending or in consultation phase.
Late payment or non-payment of rent is a large concern for most landlords, especially where the landlord has outgoings, like a mortgage, associated with the property.
You may well be aware of the Smoke and Carbon Monoxide Alarm (England) Regulations 2015 which finally made it illegal to let a property without smoke alarms as of 1st October 2015.
Many landlords, and indeed letting agents, don’t see the benefit and value in renewing a tenancy once it reaches the end of the initial agreed fixed term.