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Autumn Statement latest: Chancellor reveals tax rises for landlords

Autumn Statement latest: Chancellor reveals tax rises for landlords

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Landlords face higher bills from next year after Chancellor Jeremy Hunt slashed the annual threshold for Capital Gains Tax from �12,300 to �6,000 next year and �3,000 from April 2024. Although a rise in CGT didnt materialise, he followed the Office of Tax Simplification

LATEST: Government has 'broken the PRS' during its war on landlords

LATEST: Government has 'broken the PRS' during its war on landlords

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Landlords have accused the Government of "breaking the private rented sector" with its relentless regulatory and tax policies. The comments have been made by the NRLA, which says that while demand for rented homes is rising as home ownership becomes less affordable, the number o

NEW: Brighton squeezes HMO sector even harder with new policies and guidance

NEW: Brighton squeezes HMO sector even harder with new policies and guidance

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Brighton & Hove Council is squeezing its HMO sector even harder by introducing a tough new set of policies designed to reduce their impact on local communities. Its City Plan Part 2 includes new guidance for those applying for planning permission as well as rules covering bu

Welsh landlords & agents have serious misgivings about longer notice periods

Welsh landlords & agents have serious misgivings about longer notice periods

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The way that private rented sector (PRS) landlords operate their properties in Wales is going through one of the biggest changes in decades as the Welsh Government, under its devolved powers, pass and implement the https://www.legislation.gov.uk/anaw/2016/1/contents" target="_blank

Leicester to widen HMO planning restrictions covering 'thousands' of houses

Leicester to widen HMO planning restrictions covering 'thousands' of houses

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Leicester city council councillors are to vote next week on plans to significantly widen local planning laws to clamp down on the spread of HMOs. The measures are to be brought in following a public consultation that finished in January this year. Leicester has had a

Japanese knotweed is a well known menace but bamboo can be worse...

Japanese knotweed is a well known menace but bamboo can be worse...

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The mention of Japanses knoweed has the effect of putting the fear of God in property owners, but the bamboo plant, which is lesser known, can be even more devastating. Homeowners have been planting bamboo for years in Britain to create an exotic oriental ornamental feature or a

Are you ready for the switch to digital tax submissions?

Are you ready for the switch to digital tax submissions?

Information

The Making Tax Digital initiative (MTD) is a HMRC scheme that aims to modernise income tax accounting and reporting, making the process fully digital. The idea is to improve HMRCs efficiency and reduce costs to the taxpayer by processing business, property and individual tax affairs on-l

REFORMS: 'Rethink your plans on Section 21 evictions' landlord tells MPs

REFORMS: 'Rethink your plans on Section 21 evictions' landlord tells MPs

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Successful landlord and property developer Kathy Miller has urged the government to rethink its plans to abolish Section 21 or face a big rise in court cases and spiralling bills for unpaid rent and property damage. <figure id="" class="w-richtext-figure-type- " data-rt-type="" data-rt-a

Chancellor 'planning tax raid on landlords' to plug �50bn hole in public finances

Chancellor 'planning tax raid on landlords' to plug �50bn hole in public finances

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Landlords could be hit with a rise in capital gains tax (CGT) along with cuts in reliefs and allowances as part of the Chancellors autumn statement due on November 17th. According to a report inhttps://www.telegraph.co.uk/" https://www.telegraph.c

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Accidental landlords 'a dying breed' warns mortgage expert

Accidental landlords 'a dying breed' warns mortgage expert

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Accidental landlords are a dying breed, according to one mortgage expert, who blames government policy for their eventual demise.

Labour to outlaw 'rent in advance' requests by landlords

Labour to outlaw 'rent in advance' requests by landlords

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The Government is to make it unlawful for landlords and agents to ask prospective tenants for large sums of rent in advance, housing minister Matthew Pennycook has confirmed.

Lawyer questions Labour's 'fanciful' cost estimates for reforms

Lawyer questions Labour's 'fanciful' cost estimates for reforms

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A leading property lawyer has poured scorn on government estimates that the Renters’ Rights Bill will cost landlords £12 per rented property each year.

Holiday let landlords to collect new tourism levy AND register properties

Holiday let landlords to collect new tourism levy AND register properties

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Landlords with holiday let properties in Wales will soon have to register their properties and collect a £1.25 per person, per night fee from clients.

Big Midlands council green lights more HMO licencing

Big Midlands council green lights more HMO licencing

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West Northamptonshire Council has given the go-ahead for an extended additional licensing scheme in Northampton.

Big London council moves to stamp out bidding wars

Big London council moves to stamp out bidding wars

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A big council in London has called on letting agents to stop pitting tenants against one other in “exploitative” bidding wars within the borough.

Landlords ARE 'working people' says housing minister

Landlords ARE 'working people' says housing minister

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Keir Starmer got into hot water recently after saying landlords did not ‘work’ for their income, but Scotland’s housing minister has taken a very different approach.

Airbnb encourages tenants to sublet their homes

Airbnb encourages tenants to sublet their homes

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Airbnb has teamed up with global landlord Greystar to allow tenants in three London apartment blocks to rent out their homes.

Full details of landlord fines and prosecutions (or lack of them) revealed

Full details of landlord fines and prosecutions (or lack of them) revealed

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More than 100 local councils in England and Wales have not prosecuted any rogue landlords in the last five years despite getting thousands of complaints.

House prices dropped in April as buyers paid thousands more in stamp duty

House prices dropped in April as buyers paid thousands more in stamp duty

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House prices dropped in April as buyers paid thousands more in stamp duty, it has been revealed.

Courts are not ready for the Renters’ Rights Bill, it was declared in the House of Lords this week

Courts are not ready for the Renters’ Rights Bill, it was declared in the House of Lords this week

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The court system isn’t ready for the Renters’ Rights Bill, it was declared in the House of Lords this week.

Two out of five landlords to leave the market, survey predicts

Two out of five landlords to leave the market, survey predicts

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A worrying 39% of landlords will probably exit the market within the next five years, according to the latest poll.

Only 9% of properties sold by landlords in Scotland return to the private rented sector

Only 9% of properties sold by landlords in Scotland return to the private rented sector

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Only 9% of properties sold by landlords in Scotland in a recent 12-month period returned to the private rented sector, a new survey has found.

Only a fifth of landlords are prepared for new mandatory sanctions checks

Only a fifth of landlords are prepared for new mandatory sanctions checks

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Only a fifth of landlords and letting agents feel prepared for the new mandatory sanctions checks on all landlords and tenants.

Landlords investing in mixed-use property in bid for higher returns

Landlords investing in mixed-use property in bid for higher returns

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More landlords are investing in mixed-use properties in their quest for more robust returns.

Average asking rent of a property outside of London jumps to new record £1,349 a month

Average asking rent of a property outside of London jumps to new record £1,349 a month

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The average asking rent of a property outside of London has increased to a new record £1,349 a month, new data reveals.

Housing market begins to "cool" amid higher number of properties for sale

Housing market begins to "cool" amid higher number of properties for sale

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The number of homes for sale has reached a new height as demand among house hunters “cools”, it has been revealed.

COMMENT: How do you get started investing in property?

COMMENT: How do you get started investing in property?

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How do you get started investing in property? A recent post on our LandlordZONE Forums got me thinking about this question

Tenants in Buckinghamshire fork out for the highest rents in the country

Tenants in Buckinghamshire fork out for the highest rents in the country

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Tenants in Buckinghamshire fork out for the highest rents in the country - even more than those living in London’s prime SW7 postcode.

Paragon Bank launches cheapest buy-to-let five-year fix in almost three years

Paragon Bank launches cheapest buy-to-let five-year fix in almost three years

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Paragon Bank has launched its cheapest buy-to-let five-year fix in almost three years, becoming the latest lender to offer landlords more attractive deals.

London Renters Union protest against “slumlords”

London Renters Union protest against “slumlords”

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London Renters Union protested against “slumlords” in the capital at the weekend, calling for housing justice for all.

Older tenants set for less financial security in retirement compared to homeowners

Older tenants set for less financial security in retirement compared to homeowners

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Older renters are heading for a bleak retirement with significantly less financial security than their homeowning peers.

Flawed grounds for possession will reduce the supply of student housing, NRLA warns

Flawed grounds for possession will reduce the supply of student housing, NRLA warns

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A flawed grounds for possession will reduce the supply of student housing, the NRLA has warned.

Landlords left with £30K bills after cannabis gangs took over their properties

Landlords left with £30K bills after cannabis gangs took over their properties

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Landlords were left with bills of up to £30,000 after cannabis gangs took over their properties and left them unliveable.

More firms look to rent office space than at any time since before the pandemic

More firms look to rent office space than at any time since before the pandemic

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More firms are looking to rent office space than at any time since before the pandemic, new Rightmove research has found.

Judge criticises First-tier Tribunal in a hearing over a dispute about services charges at London block of flats

Judge criticises First-tier Tribunal in a hearing over a dispute about services charges at London block of flats

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A judge has given a First Tier Property Tribunal a ticking off for unfair conduct during a hearing over a dispute about leaseholder service charges.

The importance of increasing the availability of pet friendly homes

The importance of increasing the availability of pet friendly homes

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Battersea is taking a stand to ensure tenants have the right to keep their pets while renting.

HMO market valued at £78billion and generates annual rental income of £6.3billion

HMO market valued at £78billion and generates annual rental income of £6.3billion

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he HMO market has been valued at £78billion and generates annual rental income of £6.3billion.

New YouTube channel for landlords promises it “won’t sugar-coat the industry’s realities”

New YouTube channel for landlords promises it “won’t sugar-coat the industry’s realities”

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Landlords looking for some no-nonsense straight talking about property can tune into Paul Shamplina’s new YouTube channel.

Landlords in Scotland urged to give their view on rent controls as part of consultation

Landlords in Scotland urged to give their view on rent controls as part of consultation

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Landlords in Scotland are being asked for their views on rent control exemptions and where rent could be increased above the rent cap.

Why inventories matter more than ever in a post Renters’ Rights Bill world

Why inventories matter more than ever in a post Renters’ Rights Bill world

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Inventories in a post Renters' Rights Bill world, have never mattered more.

More than one in ten landlords are being pushed out of the buy-to-market, claims new research

More than one in ten landlords are being pushed out of the buy-to-market, claims new research

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More than one in ten landlords are being pushed out of the buy-to-market, according to new research.

Wealthy homeowners look to rent rather than sell their properties after scrapping of the non-dom tax regime

Wealthy homeowners look to rent rather than sell their properties after scrapping of the non-dom tax regime

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Many wealthy property owners who are fleeing Britain due to this month’s abolition of the non-dom tax regime are opting to rent out rather than sell their homes

Tenant groups lay into landlords as the Renters’ Rights Bill passes through the Lords

Tenant groups lay into landlords as the Renters’ Rights Bill passes through the Lords

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Tenant groups have laid into landlords as the Renters’ Rights Bill passes through the Lords.