Landlords are facing increasing financial pressure. Recent HMRC figures show that allowable expenses have risen by 56% over the past five years, while rental income has increased by just 26%. As a result, a much larger share of the money you receive in rent is likely to be swallowed up by running costs than was the case just a few years ago. However, there are many landlord expenses that you can manage with the right approach. Reducing costs isn't about spending less at all c

A recent case from Suffolk highlights just how seriously lawmakers take electrical safety in rentals. A landlord was fined £7,500 after failing to address 21 electrical defects identified in an Electrical Installation Condition Report (EICR), including seven defects classed as ‘immediately dangerous’. The faults left a mother and her four children at risk of electric shock or fire, and the local authority successfully upheld the penalty after the required remedial work wasn'