As the landscape of the private rental sector (PRS) continues to evolve, the proposed Renters Rights Bill is set to bring about significant changes that could reshape the way landlords and tenants interact. Currently making its way through Parliament, the bill is at the House of Lords stage, with an expected passage into law around spring 2025. As we delve into the key components of this legislation, it’s essential to understand how these changes may impact both landlords and tenants. Key Provisions of the Renters Rights Bill: 1. Abolishment of Section 21 Notices One of the most significant changes proposed […]

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In the realm of property investment, buy-to-let landlords often seek locations that offer strong rental yields, potential for capital growth, and a vibrant rental market. One such location that has been increasingly capturing the attention of property investors is the coastal city of Brighton and Hove. Known for its vibrant atmosphere, diverse culture, and stunning seaside views, this dynamic city presents a compelling case for buy-to-let investment. In this blog post, we delve into why Brighton and Hove stands out as a prime investment opportunity for landlords looking to expand their property portfolios. Strong Rental Demand: Brighton and Hove boast […]

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Big changes are coming to the rental market in Brighton and Hove this summer and fall. Starting in July and continuing into September, new rules will require more rental properties to have an HMO (House in Multiple Occupation) license. Here’s a quick rundown of what’s happening and how it affects you. Who Needs a License Now? Previously, only larger HMOs (with five or more tenants) needed a license. The new rules expand this to include smaller properties with three or more tenants. This means many more landlords will need to get their properties licensed. Key Dates 1st July 2024: The […]

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When it comes to letting out a property, there’s a lot to think about when considering the Landlords legal obligations and the importance of tenant safety during the term. Our ever-evolving legal system has, and shall continue to develop, rules to ensure all parties are kept safe and legally coherent as possible when an agreement is being made. From a Landlord’s perspective, documentation such as tenancy agreements help to prohibit possible mistreatment or unlawful letting during the term. Additionally, documents such as safety certificates help keep tenants protected in relation to several factors, these include electrical appliances, gas appliances, carbon […]

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Last week, the Smoke and Carbon Monoxide amendment was approved in the house of commons. Updated regulations now mean it is mandatory for all Landlords to: Ensure a carbon monoxide alarm is provided in each room used as living accommodation which contains a fixed combustion appliance (excluding gas cookers).   All landlords will be legally obligated to ensure smoke alarms and carbon monoxide alarms are repaired or replaced once they are informed and the alarms are found to be faulty.   The updated regulations will come into force from the 1st October 2022. Landlords found to be in breach of the regulations […]

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During the final days of 2021, The Argus sought out many optimist Brightonians’ who are ‘hopeful that 2022 will be full of hope and promise’[1]. Certainly, we can agree that the year has got off to a good start. So far, 2022 has hit the ground running by already smashing world records and setting us up for an incredible year ahead. New Years Eve brought with it the warmest final hours since 1916[2] reaching temperatures of 16°C, and here at Parks, we aim to smash records of our own. Parks plan to elevate by way of larger property and Landlord […]

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