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UK house prices falling, mortgage rates rising but some landlords still buying

UK house prices falling, mortgage rates rising but some landlords still buying

News

UK house prices fell by 3.1pc on an annualised basis in the first quarter (Q1) of 2023 and an increase in interest rates have a dampening effect on the market. Inflationary pressures With inflation currently running at 8.7pc (CPI), this is well above the Bank of Engl

Plans to make Airbnb landlords reach same standards as hotels criticised

Plans to make Airbnb landlords reach same standards as hotels criticised

News

Statutory licensing scheme plans for visitor accommodation in Wales have got the thumbs down from many holiday home owners, short-lets landlords and residents. The proposals, which will see all holiday homes, https://www.landlordzone.co.uk/tag/airbnb-landlords/" target=

Leasehold properties becoming harder to sell, landlords warned

Leasehold properties becoming harder to sell, landlords warned

News

Heightened consumer awareness combined with a lack of government action has made leasehold property even harder to sell, landlords and home owners have been warned. Despite government pledges and the introduction of the https://www.landlordzone.co.uk/news/advice-are-you

LATEST: Activists attack Renters (Reform) Bill over 'landlord loopholes'

LATEST: Activists attack Renters (Reform) Bill over 'landlord loopholes'

News

Loopholes in the Renters Reform Bill around alternative possession grounds leave it open to abuse by unscrupulous landlords, claims a Labour activist and lawyer. A landlord will simply need to demonstrate an intention to use the property to live in or sell before they can

UK landlords with Airbnb properties in EU to pay 20% VAT on rental income

UK landlords with Airbnb properties in EU to pay 20% VAT on rental income

News

British landlords who use rental platforms to let holiday homes in the European Union will soon have to pay VAT on their rental income. Under the EUshttps://taxation-customs.ec.europa.eu/taxation-1/value-added-tax-vat/vat-digital-age_en" target="_blank" <strong

TRENDS: Young 'modern tenants' want green, digital landlords

TRENDS: Young 'modern tenants' want green, digital landlords

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Most tenants want their landlords to be green and digital, a poll of some 2,000 renters has revealed. Despite debates about rental supply and rocketing rents dominating the public debate about the private rented sector, software firm MRIs poll found that two thirds want to in

Talks begin on UK-wide ban on landlords advertising property as 'no children'

Talks begin on UK-wide ban on landlords advertising property as 'no children'

News

The Scottish and UK governments are working together to prevent landlords banning children from properties after a BBC investigation revealed the practice was still rife. Following the launch of thehttps://www.totallandlordinsurance.co.uk/knowledge-centre/renters-refor

'Huge competition is the key problem for families in PRS, not landlords' says Shamplina

'Huge competition is the key problem for families in PRS, not landlords' says Shamplina

News

Paul Shamplina says the key reason why tenants with children are struggling to find rented accommodation is the ongoing supply crisis created by Government intervention in the sector, and the huge competition for properties that it is creating. Speaking to BBC Radi

Sell now before rates cause buyers to scatter and prices to plummet

Sell now before rates cause buyers to scatter and prices to plummet

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The NRLA recently reported that 1 in 3 landlords are going to trim down their portfolios. A whopping 33% of landlords currently selling throughout the UK. Of that 33%, most landlords agreed that they would be willing to take 80% of the value just to get rid of them because mortgage payments

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Landlord to lose £643,000 leasehold flat after listing on Airbnb

Landlord to lose £643,000 leasehold flat after listing on Airbnb

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News
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A landlord looks set to lose his leasehold flat after being caught renting it out on Airbnb by his freeholder.

Majority of landlords expect higher mortgage payments in 2024

Majority of landlords expect higher mortgage payments in 2024

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News
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Almost two-thirds of private landlords expect to see their mortgage payments increase over the next 12 months, leading to higher rents.

Government pumps £1.5 billion more into Boiler Replacement Scheme

Government pumps £1.5 billion more into Boiler Replacement Scheme

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News
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The government has promised an extra £1.5 billion for its Boiler Upgrade Scheme, which landlords can access to fund heat pump installations.

County court delays for landlords and agents 'unacceptable'

County court delays for landlords and agents 'unacceptable'

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News
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Propertymark has pressed the Government once more to establish a dedicated housing court to take the pressure of PRS disputes from the county courts and speed up the possession process.

UPDATED: Tom's top tips for condensation and mould

UPDATED: Tom's top tips for condensation and mould

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Tom Entwistle, a residential and commercial landlord since the 1970s and founder of LandlordZONE, offers a landlords perspective on a topical issue. In this article, Tom shares his insights into damp, mould and condensation in rental properties.

Landlord under investigation over ban breaches

Landlord under investigation over ban breaches

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News
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A banned Bristol landlord is under investigation after at least nine of her properties appeared on Airbnb.

BREAKING: Landlords given suspended sentences over Covid loan fraud

BREAKING: Landlords given suspended sentences over Covid loan fraud

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News
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Two landlords have been handed suspended jail sentences for abusing a Covid Bounce Back Loan then dissolving their company to avoid paying it back.

£4 million merger creates Airbnb competitor in luxe short-lets

£4 million merger creates Airbnb competitor in luxe short-lets

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News
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Landlords looking to rent their properties out via short lets now have more choice after British platform UnderTheDoormat announced it has merged with European counterpart Veeve.

Landlord average mortgage rises from £802 to £1,370 a month

Landlord average mortgage rises from £802 to £1,370 a month

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News
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Monthly interest costs have soared by 283% since 2021 for landlords using interest-only mortgages, while those making a full monthly repayment have seen the monthly cost of their mortgage climb by 71%.

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

Landlords encouraged to sign up to HMRC’s testing programme ahead of Making Tax Digital deadline

Landlords encouraged to sign up to HMRC’s testing programme ahead of Making Tax Digital deadline

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News
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Landlords have been encouraged to sign up to HMRC’s testing programme, with less than a year to go until those earning more than £50,000 need to use Making Tax Digital (MTD) for Income Tax.

The Mortgage Works boosts support for limited company landlords by removing need for all mortgage applicants to be directors

The Mortgage Works boosts support for limited company landlords by removing need for all mortgage applicants to be directors

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News
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The Mortgage Works has boosted its support for limited company landlords by removing the need for all mortgage applicants to be directors.

Can increasing the supply of rented housing bring down rents?

Can increasing the supply of rented housing bring down rents?

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News
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Despite promises by government & developers, house building progress is slow to affect rent levels

How to make your rental property more sustainable

How to make your rental property more sustainable

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Government launches new consultation to help make your rental property more sustainable

An “exodus among landlords" could be triggered by the Renters’ Rights Bill, reducing the supply of affordable housing

An “exodus among landlords" could be triggered by the Renters’ Rights Bill, reducing the supply of affordable housing

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News
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The Renters’ Rights Bill could trigger an exodus among landlords, reducing the supply of affordable housing, industry leaders have warned.

The areas of the market where landlords can find the best yields are revealed

The areas of the market where landlords can find the best yields are revealed

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News
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Landlords should target student housing and build-to-rent (BTR) if they want a secure investment with decent yields, it has been suggested

Renters’ Rights Bill must work for landlords and tenants, warn experts - as Bill reaches committee stage in the House of Lords

Renters’ Rights Bill must work for landlords and tenants, warn experts - as Bill reaches committee stage in the House of Lords

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The Renters’ Rights Bill must be workable for all landlords and tenants, experts have warned, as it reaches committee stage in the House of Lords today.

Cost of renting and buying is the same due to fall in mortgage rates

Cost of renting and buying is the same due to fall in mortgage rates

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News
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The cost of renting and buying is the same due to small falls in mortgage rates, according to Hamptons.

Average rental prices in London drop, but rise across the whole of Britain

Average rental prices in London drop, but rise across the whole of Britain

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News
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Rents in London have dropped compared to a year ago, while Britain as a whole has seen values rise.

As if landlords don’t have enough to worry about – here’s another risk...

As if landlords don’t have enough to worry about – here’s another risk...

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There’s an issue with the safe disposal of Vapes - disposal in normal household bins has been identified as a fire risk

Landlord fined £43K for renting rodent-infested flats and blaming tenants for disrepair

Landlord fined £43K for renting rodent-infested flats and blaming tenants for disrepair

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A landlord has been fined more than £43,000 for renting unsafe and rodent-infested flats - but blamed tenants for the disrepair.

Growing appeal of commercial property among landlords

Growing appeal of commercial property among landlords

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Growing numbers of landlords are moving into commercial property amid fears that the residential market is too challenging.

Landlords to be fined if their tenants don’t keep their rubbish under control, warns council

Landlords to be fined if their tenants don’t keep their rubbish under control, warns council

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News
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Sefton Council has threatened to get tough on private landlords if they don’t help tenants keep their rubbish under control.

Landlords less likely to win appeals again improvements notices after tribunal ruling

Landlords less likely to win appeals again improvements notices after tribunal ruling

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News
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Landlords are less likely to win their appeal against an improvement notice following an Upper Tribunal ruling.

Renters’ Rights bill “won’t impact landlords’ profits”, insists tenant referencing firm

Renters’ Rights bill “won’t impact landlords’ profits”, insists tenant referencing firm

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The Renters’ Rights Bill won’t impact private landlords’ profits or slow rising rents, according to tenant referencing company FCC Paragon.

Landlord ordered to pay £11K in fines and costs after misleading tenants

Landlord ordered to pay £11K in fines and costs after misleading tenants

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A landlord who hoodwinked her student tenants into paying higher deposits has been ordered to pay more than £11,000 in fines and costs.