The Isle of Wight Council has vowed to charge owners of second homes and empty properties more council tax as soon as it gets the go-ahead from the government. Its ruling Alliance Administration had suggested putting a 100% tax premium on second homes and empty properties, howev
A senior figure from the banking world has claimed that institutional investment is the golden ticket to solve the UKs supply and quality problems within the private rented sector (PRS). Cedric Bucher (main image), who heads up Hearthstone Investments </st
Another First Tier Property Tribunal has confirmed that a superior landlord cannot be held responsible for a Rent Repayment Order (RRO), following the landmark Rakusen case. Tenant Riaz Moola had tried to argue that landlord Khalil Mbarek was responsible for the property in t
The Government must stop its ongoing and irresponsible attempts to curry favour with tenants via its looming reform of the private rented sector, a buy-to-let lender has said. Mortgages for Business boss Gavin Richardson (main
A landlord couple have been convicted of a �1 million benefit fraud stretching over 20 years. Emmanuel Bay , 68, and Nancy Bay , 67, of Sudbourne Road, Brixton (pictured), were found guilty of 21 offences between 1999 and 2018 under t
Home Reit, an investment trust landlord, was set-up to house Britains homeless. But the company has found itself running into increasing difficulties, with tenants' complaints and failed rent payments, a negative short-seller's report, a financial squeeze with falling stock prices and al
A boost in court resources as well as measures to fast-track the most serious possession cases related to anti-social behaviour and rent arrears will be vital post-Section 21, says NRLA chief executive Ben Beadle . Without reform, a rise in cases will add t
Councillors in Reading are set to rubber stamp plans to extend restrictions on the number of HMO conversions. An Article 4 direction already covers parts of the town where HMOs are prevalent, in much of Park, Redlands and Katesgrove wards, as well as Jesse Terrace.
Propertymark has called for a set of standards for developers and clear guidance for local councils as a way to effectively convert empty commercial properties into affordable homes - an increasingly popular path for some bigger PRS landlords. Responding to an inquiry from all-p
Converting commercial buildings to residential use would seem an ideal solution to a housing shortage, especially with and a glut of underused commercial buildings, but how easy is it? The planning regulation changes have made it easier to convert commercial buildings to residen
The new How to Rent guide due to come out today (17th March) has been delayed for a week, according to industry sources. The new guide forms part of the prescribed information that landlords in England must issue at the start of any new tenancy or renewa
John Lewiss build-to-rent strategy appears to be stalling amid local opposition to its plans for large developments in West Ealing and Bromley. The retailer has just announced pre-tax losses of �234 million as sales dipped 2% last year, making it even more vital to find new
Landlords, estate agents and surveyors have all given yesterdays Budget an unqualified thumbs down after the Chancellor chose to focus on economic growth but ignore several problem threatening to engulf the housing market. All have said the budget was disappointing and a m
Despite new research showing that one in four people plan to invest in property to generate retirement income, Chancellor Jeremy Hunt's scrapping of the 'lifetime pension fund limit' could dampen demand for BTL property, says Cornerstone Tax. The impact of inflation on savings a
Shelter has slammed the Chancellor for failing to raise Local Housing Allowance (LHA) rates in his spring Budget. The homeless charity says Jeremy Hunt could have put an end to spiralling homelessness, but instead, he has stuck his head in the sand. Yet again we
Sunday Times economics editor David Smith has expressed sympathy for private landlords who he believes feel bruised by increasing regulation in the sector. He says higher mortgage rates might be the straw that breaks the camels back for many, with some alrea
First time buyers remain better off owning than renting an equivalent home, Lloyds Bank says, but the gap is narrowing. Its latest Owning vs Renting Review reveals that owning a first home now costs �971 a month, four percent less than renting at �1,013.
The government failed to offer long-term support for energy efficiency improvements or increase the Local Housing Allowance in a Budget which instead focused on getting the country back to work. Chancellor Jeremy Hunt extended support for energy bills at current levels of �2,50
Three quarters of Suffolk renters have struggled to find an affordable home in the last six months, while half had a rent increase – an average of £58 – according to new research.
Peterborough Council’s selective licensing scheme has uncovered some “horrendous” living conditions since its launch last March.
A rogue landlord has been fined for a second time this year for failing to license his portfolio of houses.
Prime Minister Keir Starmer is facing an EPC upgrade bill of up to £28,000 for the property he rents out in North London.
The past 12 months have been a momentous time for private landlords as tax changes and looming new regulations have been unveiled by politicians of various hues.
Councils are sending the wrong message to law-abiding landlords by failing to investigate those who can’t provide a valid EPC certificate.
A landlord in Liverpool has been prosecuted by its city council for 23 offences under national HMO management regulations.
Despite enthusiasm in Whitehall for heat pumps they not the best way to upgrade a rented property EPC rating, a new report has claimed.
Nearly two-thirds of working private renters - 4,450,000 people - are falling behind with rent payments or struggling to pay their rent.
Nearly 60% of BTL landlords have no intention of selling any properties in the next 12 months.
The Renters’ Rights Bill isn’t likely to return to Parliament until after the party conferences in mid-October.
A man who took revenge on his former landlord by setting fire to his garage has been handed a five-year sentence.
Newly agreed rents in Great Britain fell -0.4% to £1,387 per month in the year to August.
Landlords face fresh 8% blow as property selling rates rise ahead of the Autumn Budget
Tenants have been ejected from Lord Alli's house - which was then re-let at a higher rent.
The long-standing argument that buy-to-let landlords steal homes from first-time buyers runs on
Rental reforms are fuelling relocation-style, short-term renting, causing landlords sudden void periods and unexpected costs.
Property Redress is proud to sponsor Rumble with the Agents in Newcastle – a thrilling charity boxing night for the property industry!
Mick Roberts has accused Nottingham Council of double standards after it dropped a licensing condition.
A landlord continued to rent out her unlicensed and unsafe HMO where one tenant was electrocuted, a tribunal has heard.
The vast majority of property investors now buy properties at digital auctions not in-room events.
Sefton Council is on a mission to make it more difficult for landlords to convert houses into HMOs across the borough.
Rebel Labour MP Zarah Sultana has called for fellow parliamentarians to be banned from being landlords.
Landlord instructions saw the steepest fall since April 2020 last month, forcing tenants to chase fewer rentals with rising rents.
Recent tax hikes on landlords have been good for the housing market by persuading more BTL investors to sell up.
Grainger PLC is the UK’s biggest listed residential landlord - it has just converted into a Real Estate Investment Trust (REIT)
Landlords have been urged not to fall foul of looming rent rise legislation by updating their records and processes.
Scots Conservative Thomas Heald bangs the drum for the private rented sector and rejects rent controls as solution to high rents.
Landlords face rising taxes, regulations, and costs - prompting many to sell up. Is government policy pushing small landlords out of the
We explore what happens next to the Renters’ Rights’ Bill following Monday's debate in parliament.
A heavily contested selective licensing scheme is to go ahead in Scunthorpe after landlords lost their High Court battle to stop it.
Tariq Mahmood Khan faces the ultimate sanction after being convicted for failing to comply with a prohibition order - again.
More than one million extra renters might get a pet when the Renters’ Rights Bill takes effect, according to new research.
PRS REIT enters £631.6M sale, highlighting growing institutional interest and potential shifts in the UK rental market.
