Flat owners (leaseholders) only own their leasehold property for a fixed period of time and during that period they pay ground rent and service charges to the freeholder (landlord). Theres always a long-lease agreement, a detailed legal tenancy agremeent between the leasehold
Luton Council has finally got its act together and revealed blanket HMO licensing for the town after a number of false starts over the last few years. HMOs of any size will now need a licence under its additional scheme which launches on 1st April, while all privately rented pro
The Commonhold and Leasehold Reform Act 2002 provides a right for leaseholders to acquire the freehold landlords management functions by transfer to a company set up by them the Right To Manage (RTM) company. The thinking behind the right was to empower leaseholders. The
Appeal Court judges have found in favour of the landlord in the landmark case of Northwood Solihull v Fearn & Ors, preventing a potentially huge logistical headache for landlords and letting agents. The judges ruled that any authorised employee of a landlord or letting agent
In an apparent re-run of Harold Wilsons 1970s investment income tax surcharge, Labour plan to re-introduce such an additional layer of tax to what is termed unearned income�. The Wilson Labour government applied an investment income surcharge of 15% and kept the top rate
According to a recent report by estate agents Hamptons, over the last four years the number of landlords operating their buy to let business through a limited company has doubled. There were 47,400 new buy-to-let companies incorporated in 2021 right across the UK, the figures be
Landlords and letting agents will soon be able to carry out quicker https://www.landlordzone.co.uk/news/updated-advice-for-landlords-on-right-to-rent-checks-due-in-new-year/" right to rent checks on British and Irish citizens. From 6th April, Identification Do
An energy expert has sought to reassure landlords that they may not need to spend huge sums retrofitting their properties to raise EPC ratings at least not in the short term. <figure id="" class="w-richtext-figure-type- " data-rt-type="" data-rt-align=""><div><img src="https://upload
Just as residential landlords are contemplating the costs of bringing older properties up to the proposed new standard - very likely EPC band C� required by December 2025 - so too are commercial landlords.<br> See: https://www.landlordzone.co.uk/news/compulsory-epc
The National Residential Landlords Association (NRLA) has predicted “confusion and chaos” unless the Government gives landlords sufficient time to adjust to new reforms.
Temporary restrictions on rent increases in the Scottish private rented sector have led to a more than eightfold increase in renters challenging rent hikes.
Landlords in Northern Ireland face large fines if they don’t comply with electrical safety rules introduced this week.
Tom Entwistle reflects on the Spring Statement which he says was not so much an emergency budget, more an update on the state of the economy with a few tweaks.
Financial experts have greeted resurgent buy-to-let market data with caution, suggesting that larger wealthier landlords are simply taking a bigger share of the sector.
The average price of a rental property in England rose for the third month in a row to £1,213 in March, it has been revealed.
Investors can snap up prime central London properties at historic discounts equivalent to those seen in the early 1990s, according to new research by Savills.
Half of private renters either don’t have contents insurance or don’t know what it is, leaving them financially vulnerable to theft, damage, or loss.
Only 2.5% of private rented properties listed in England were affordable for people on housing benefit between April and October last year according to Crisis, down from 12% in 2021 to 22.
Infamous property guru Glenn Armstrong, who misled dozens of investors by promising to make them rich, has been handed tough bankruptcy restrictions lasting 12 years.
A tenant who discovered that his landlord had not licenced the HMO in which he lived is to pocket £5,000 after winning a rent repayment order (RRO) during a Tribunal hearing.
In what was likely his last Budget Statement before the next General Election, Jeremy Hunt announced his plans for tax, housing, and cost-of-living measures. Where did the Budget fall short for the private rented market (PRS)?
A landlord who was jailed for culpable homicide in 2008 has been refused permission to rent out flats in Glasgow, despite claiming he has taken ‘responsibility for his actions’ and moved on.
Letting agents have blamed poor Scottish government policies for the growing number of councils declaring ‘housing emergencies’.
Heat pump sales continue to be hampered by high costs, lown awareness and a lack of long-term financial support, the government’s spending watchdog has warned.
Vast majority of landlords have flatly rejected future widespread rent control across Scotland, in a new Holyrood survey.
A landlord has been ordered to pay £2,500 in fines, compensation and costs after he admitted harassing two of his tenants.
Momentum appears to be growing to torpedo the controversial legislation as evidence emerges that the Bill is ‘close to collapse’ in Parliament.
It used to be the case that renting was a temporary phase in a young persons life. It gave flexibility until their career settled down to a fixed employer and a fixed location. But todays property prices mitigate against this pattern. Many people are locked into renting fa
Generation Rent has urged the Welsh government to introduce an ombudsman for the PRS along with more grounds for rent repayment orders (RROs) in order to improve tenants’ lives.
The vast majority of landlords and letting agents view the Government’s plans to abolish Section 21 evictions as a mistake, a new report has revealed.
Jeremy Hunt’s recent Spring Budget hid a ‘steal tax’ on landlords seeking to sell properties after April 1st, it has been claimed.
Fears are growing that the government is going soft on its commitment to the Renters Reform Bill.
An increasing number of landlords and letting agents are falling foul of Right to Rent rules, with a big rise in fines handed out last year.
An HMO landlord and entrepreneur has secured £80,000 worth of funding on Dragons' Den for his thermostat business.
Haringey Council is launching a new additional HMO licensing scheme despite limited backing from landlords and tenants.
Rent-to-income ratios in the UK have reached unsustainable new highs, forcing renters to spend a third of their wages on rent.
Northumberland council has refused owners consent to convert their short-term holiday let cottages into permanent private residences.
Landlords in the South West are being encouraged to access technology that detects heat loss, draughts, damp and mould.
A rogue landlord firm which illegally converted a property into six flats and ignored an enforcement order has been ordered to pay more than £220,000.
Hackney Council has promised landlords financial support to stay in the PRS while beefing up licensing and getting tough on short-term lets.
Rising levels of national and local regulation across the UK have persuaded some 10.500 landlords to sign up for NRLA training, whether it’s technical safety knowledge, or how to deal with an anti-social tenant
Abolishing Multiple Dwellings Relief will intensify problems of chronic undersupply in the property market, according to one tax expert.
Landlords who are preparing a property to let or waiting to find a tenant will get a reprieve from empty homes council tax premiums.
