Landlords risk losing thousands if they fail to consult tenants

Landlords risk losing hundreds of thousands of pounds if they fail to consult tenants properly over service charges. In a recent case, Daejan Investments Ltd had to forfeit £270,000. Now Stenau Properties Ltd have fallen into the same trap. The Landlord and Tenant Act 1985 requires that landlords go through a thorough consultation process before

Landlords beware (again!) – new deposit rules now in force

Since 2007, landlords of houses and flats have been legally obliged to “protect” their tenants’ rent/security deposits. Deposits must either be paid into an authorised scheme or be registered and insured with such a scheme. Landlords are also obliged to give tenants full written details, including the scheme reference number. The requirements initially had to

Insurers get injunction against rival firm set up by employees

An insurance company has been awarded damages and granted an injunction against a group of employees who left to set up a rival business. The court found that the group had committed numerous breaches of their employment contracts and fiduciary duty. They enticed others to resign and also used confidential company information while still employees.

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