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.
Published: 10 November 2013
Last Updated: 17 November 2021