Rent - Revision history

Designing Buildings at 08:04, 5 January 2022

2022-01-05T08:04:47Z

← Older revision		Revision as of 08:04, 5 January 2022
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	New rules introduced by the government in 2016, require landlords to carry out checks on all new adult tenants to ensure they have the right to rent property. For more information, see Right to rent.		New rules introduced by the government in 2016, require landlords to carry out checks on all new adult tenants to ensure they have the right to rent property. For more information, see Right to rent.

−	= Related articles on Designing Buildings ~~Wiki~~ =	+	= Related articles on Designing Buildings =

	* Assured shorthold tenancy.		* Assured shorthold tenancy.
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	* Section 8 notice.		* Section 8 notice.
	* Section 21 notice.		* Section 21 notice.
		+	* Social housing rents.
	* Social rent.		* Social rent.
	* Tenancy deposit protection.		* Tenancy deposit protection.

Editor at 17:44, 1 June 2021

2021-06-01T17:44:27Z

← Older revision		Revision as of 17:44, 1 June 2021
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	* Rent-free period.		* Rent-free period.
	* Rent review.		* Rent review.
		+	* Section 8 notice.
	* Section 21 notice.		* Section 21 notice.
	* Social rent.		* Social rent.

Editor at 16:44, 13 April 2021

2021-04-13T16:44:42Z

← Older revision		Revision as of 16:44, 13 April 2021
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	* Rent-free period.		* Rent-free period.
	* Rent review.		* Rent review.
		+	* Section 21 notice.
	* Social rent.		* Social rent.
	* Tenancy deposit protection.		* Tenancy deposit protection.

Designing Buildings at 08:54, 23 November 2020

2020-11-23T08:54:21Z

← Older revision		Revision as of 08:54, 23 November 2020
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	New rules introduced by the government in 2016, require landlords to carry out checks on all new adult tenants to ensure they have the right to rent property. For more information, see Right to rent.		New rules introduced by the government in 2016, require landlords to carry out checks on all new adult tenants to ensure they have the right to rent property. For more information, see Right to rent.

−	~~= Find out more =~~	+	= Related articles on Designing Buildings Wiki =
−		+
−	=== Related articles on Designing Buildings Wiki ===	+

	* Assured shorthold tenancy.		* Assured shorthold tenancy.
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	* Rent-free period.		* Rent-free period.
	* Rent review.		* Rent review.
		+	* Social rent.
	* Tenancy deposit protection.		* Tenancy deposit protection.
	* Tenant.		* Tenant.

Designing Buildings at 08:24, 9 November 2020

2020-11-09T08:24:31Z

← Older revision		Revision as of 08:24, 9 November 2020
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	* What is a mortgage?		* What is a mortgage?

−	[[Category:Property_law]] [[Category:Contracts_/_payment]]	+	[[Category:DCN_Definition]] [[Category:DCN_Guidance]] [[Category:Property_law]] [[Category:Contracts_/_payment]]

Editor at 14:31, 6 June 2018

2018-06-06T14:31:41Z

← Older revision		Revision as of 14:31, 6 June 2018
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	=== Related articles on Designing Buildings Wiki ===		=== Related articles on Designing Buildings Wiki ===

		+	* Assured shorthold tenancy.
	* Break clauses.		* Break clauses.
	* Ground rent.		* Ground rent.

Editor at 13:34, 6 June 2018

2018-06-06T13:34:36Z

← Older revision		Revision as of 13:34, 6 June 2018
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	* Rent-free period.		* Rent-free period.
	* Rent review.		* Rent review.
		+	* Tenancy deposit protection.
	* Tenant.		* Tenant.
	* What is a mortgage?		* What is a mortgage?

	[[Category:Property_law]] [[Category:Contracts_/_payment]]		[[Category:Property_law]] [[Category:Contracts_/_payment]]

Editor at 16:43, 28 February 2018

2018-02-28T16:43:35Z

← Older revision		Revision as of 16:43, 28 February 2018
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−	Rent is the payment made by a lessee to a lessor for the temporary use of land, a building, a flat, and so on. It represents an agreement between the two parties, and the payment is usually made periodically during the time the land, etc. is being used or occupied.	+	Rent is the payment made by a lessee to a lessor for the temporary use of land, a building, a flat, and so on. It represents an agreement between the two parties, and the payment is usually made periodically during the time the land, etc., is being used or occupied.

−	The person/party who is renting is often referred to as the 'tenant', whilst the lessor, who may be the owner, is often referred to as the 'landlord'. Almost any kind of real estate can be rented, from a driveway to park a car, to a house, an office building, a shop, a tract of land for agricultural purposes and so on.	+	The person/party who is renting is often referred to as the 'tenant', whilst the lessor, who may be the owner, is often referred to as the 'landlord'. Almost any kind of real estate can be rented, from a driveway to park a car, to a house, an office building, a shop, a tract of land for agricultural purposes, and so on.

	The rent should be agreed prior to the tenancy or period of use beginning. Particularly with regards to rent between a tenant and landlord, payments should not begin until the day the tenant moves into the property.		The rent should be agreed prior to the tenancy or period of use beginning. Particularly with regards to rent between a tenant and landlord, payments should not begin until the day the tenant moves into the property.
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	* Lease negotiations.		* Lease negotiations.
	* Leasehold.		* Leasehold.
		+	* Occupier.
	* Peppercorn rent.		* Peppercorn rent.
	* Rent-free period.		* Rent-free period.

Editor at 17:34, 27 November 2017

2017-11-27T17:34:29Z

← Older revision		Revision as of 17:34, 27 November 2017
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	* How the rent should be paid (i.e. standing order, direct debit, cash, etc.).		* How the rent should be paid (i.e. standing order, direct debit, cash, etc.).
	* What the rent covers (i.e. council tax, utility bills, etc.).		* What the rent covers (i.e. council tax, utility bills, etc.).
−	* Who is responsible for repairs, maintenance etc.	+	* Who is responsible for repairs, maintenance, etc.
	* What the tenant is permitted to do.		* What the tenant is permitted to do.

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	* Rent-free period.		* Rent-free period.
	* Rent review.		* Rent review.
		+	* Tenant.
	* What is a mortgage?		* What is a mortgage?

	[[Category:Property_law]] [[Category:Contracts_/_payment]]		[[Category:Property_law]] [[Category:Contracts_/_payment]]

Designing Buildings at 15:09, 3 August 2017

2017-08-03T15:09:41Z

← Older revision		Revision as of 15:09, 3 August 2017
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−	Rent is the payment ~~(also known as compensation)~~ made by a ~~tenant (~~lessee) to ~~the owner (~~lessor) for the temporary use of land, a building, a flat, and so on. It represents an agreement between the two parties, and the payment is usually made periodically ~~over~~ the ~~period at which~~ the land, etc. is being used or occupied.	+	Rent is the payment made by a lessee to a lessor for the temporary use of land, a building, a flat, and so on. It represents an agreement between the two parties, and the payment is usually made periodically during the time the land, etc. is being used or occupied.

−	The person/party who ~~occupies the real estate being rented~~ is often referred to as the tenant~~. They pay rent to~~ the ~~property~~ owner, often referred to as the landlord. Almost any kind of real estate can be rented, from a ~~drive way~~ to park a car, to a house, to an office building, ~~or large~~ tract of land for agricultural ~~uses for example~~.	+	The person/party who is renting is often referred to as the 'tenant', whilst the lessor, who may be the owner, is often referred to as the 'landlord'. Almost any kind of real estate can be rented, from a driveway to park a car, to a house, an office building, a shop, a tract of land for agricultural purposes and so on.

−	The rent should be agreed prior to a tenancy or period of use beginning. Particularly with regards to rent between a tenant and landlord, payments should not begin until the day the tenant moves into the property.	+	The rent should be agreed prior to the tenancy or period of use beginning. Particularly with regards to rent between a tenant and landlord, payments should not begin until the day the tenant moves into the property.

−	Typically, there is a tenancy agreement or contract which ~~is implied, explicit or written. This specifies the terms of the rent and~~ should include:	+	Typically, there will be a tenancy agreement or contract, which should include:

		+	* Details of what is being rented and how long for.
		+	* Details of the tenant and landlord.
	* The amount of rent that should be paid.		* The amount of rent that should be paid.
	* When the rent payment is due (i.e. weekly, monthly).		* When the rent payment is due (i.e. weekly, monthly).
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	* How the rent should be paid (i.e. standing order, direct debit, cash, etc.).		* How the rent should be paid (i.e. standing order, direct debit, cash, etc.).
	* What the rent covers (i.e. council tax, utility bills, etc.).		* What the rent covers (i.e. council tax, utility bills, etc.).
		+	* Who is responsible for repairs, maintenance etc.
		+	* What the tenant is permitted to do.

	Periodically, landlords will review rent as a means of adjusting the amount payable by the tenant. Virtually all commercial leases contain a provision enabling this. For more information, see Rent review.		Periodically, landlords will review rent as a means of adjusting the amount payable by the tenant. Virtually all commercial leases contain a provision enabling this. For more information, see Rent review.
−
−	~~New rules introduced by the government in 2016, require landlords to carry out checks on all new adult tenants to ensure they have the right to rent property. For more information, see Right to rent.~~

	The following obligations apply to any tenancy:		The following obligations apply to any tenancy:
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	* The procedure for increasing rent set out in the tenancy agreement must be adhered to.		* The procedure for increasing rent set out in the tenancy agreement must be adhered to.
	* Without such a procedure in the tenancy agreement, the rent can only be increased at the end of the fixed term.		* Without such a procedure in the tenancy agreement, the rent can only be increased at the end of the fixed term.
−	* If the tenancy is weekly or monthly the landlord must give a minimum of one month’s notice for rent increases. If the tenancy yearly then they must give 6 months’ notice.	+	* If the tenancy is weekly or monthly the landlord must give a minimum of one month’s notice for rent increases. If the tenancy is yearly then they must give 6 months’ notice.
	* Landlords can pursue eviction procedures if a tenant falls behind with rent payments.		* Landlords can pursue eviction procedures if a tenant falls behind with rent payments.

	Deposits are usually paid by new tenants to landlords to secure the property and provide security in the event of default, or damage to the property. If a home is rented on an assured shorthold tenancy (AST) that started after 6 April 2007, the landlord must put the deposit in a government-backed tenancy deposit scheme (TDP).		Deposits are usually paid by new tenants to landlords to secure the property and provide security in the event of default, or damage to the property. If a home is rented on an assured shorthold tenancy (AST) that started after 6 April 2007, the landlord must put the deposit in a government-backed tenancy deposit scheme (TDP).
		+
		+	New rules introduced by the government in 2016, require landlords to carry out checks on all new adult tenants to ensure they have the right to rent property. For more information, see Right to rent.

	= Find out more =		= Find out more =