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
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
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
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 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
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
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
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
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
A bankrupt landlord in the Midlands has been jailed for eight months after failing to tell the Official Receiver about an HMO property he owned in Coventry. The house at 35 Walsgrave Road, Coventry, which yielded a rent of �1,900 a month for Sukhi Sanghera, was not flagged up b
Landlords have been under a lot of pressure recently, with interest rates going up, house prices dropping, and changes in government, anxiety levels have been at an all-time high. But despite the current state of affairs, we still have options to help us get through this patch without panic
Secretary of State for Levelling Up, Housing and Communities, and Minister for Intergovernmental Relations, Michael Gove, has reaffirmed his department's commitment to reforming the private rented sector (PRS). It will follow closely the recommendations in the Governments pol
Scots entrepreneurs Graeme and Leanne Carling were one of the most successful landlords of the late noughties, taking advantage of the weakness in the property market following the global financial crash to build a bricks-and-mortar empire worth �200 million. This made their co
Serco offers landlords guaranteed rent, free maintenance, and no void periods in five-year leases to house asylum seekers.
Landlords might have found themselves an ally in the newest minister at the Department for Levelling Up, Housing and Communities. Lucy Frazer - the latest MP to join returning boss https://www.landlordzone.co.uk/tag/michael-gove/" target="_blank" Mic
A group of companies involved in substantial property investment scams has been wound up by the High Court and an official received appointed to liquidate the four firms involved. These are Sentor Solutions Commercial Ltd , Fabcourt Deve
The RICS global Commercial Real Estate Market Monitor (Q3 2022) is indicating that the sector is in the early stages of a downturn. Thats according to around 81% of the surveys respondents in Q3 2022. It marks a significant increase from the previous quarter sample when just 11% of th
A concerned landlord has shared his frustration at the way councils manage problem tenants facing eviction by telling them to stay put while they are found alternative accommodation, informing the tenants that they will be making themselves 'intentionally homeless' if they move out. <p i
Landlords must not to drag their heels when it comes to improving properties’ energy efficiency rating - or face potential issues with finding tradespeople and working with letting agents, a financial expert has warned.
A growing number of tenants in the build-to-rent (BTR) sector are using deposit alternative products as many opt to invest a lump sum instead of locking it away in a traditional cash scheme.
Benefit claimants must get the Government help they need once its welfare reforms take effect, an industry body has warned.
A reduced supply of luxury rental homes in London is feeding into higher rents, which are now a third higher than before the pandemic, new research has revealed.
Labour MP Tom Hayes has launched a survey to quiz tenants and landlords in his Bournemouth East constituency, in a bid to fix the “broken” rented sector.
Liberal Democrat MP Sarah Dyke has called for WASPI women to be fairly compensated after one of her constituents was evicted.
‘Rentflation’ has cost young people an extra £1,616 on their rent bill in the past year, according to new data from Barclays.
Almost half of all private renters who receive Local Housing Allowance experience a shortfall between their payment and monthly rent, according to new analysis by the NRLA.
Landlords who fail to address damp and mould problems ahead of Awaab’s Law risk legal action, reputational damage, and significant fines, an air quality monitoring firm has warned.
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.
