Landlord

  • There are many types of landlord in the lettings profession:
    • Resident landlords – normally reside at the same address as their tenants and enjoy preferential tax rates
    • Non resident landlords do not reside at the same address as their tenants.  Most tenants prefer this landlord to avoid landlords influencing tenant lifestyles.
    • Buy To Let  (BTL) landlords are potentially the same as non resident landlords.  BTL rules normally prohibit personal or family member residence.
    • Commercial landlords let to wholesale and retail businesses and often involves vat on rents unlike residential landlords
    • Social landlords include local authorities and housing associations.  Social housing tenants include a higher proportion of benefit recipients.

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