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Council green lights more HMO licencing despite proof on higher rents

Council green lights more HMO licencing despite proof on higher rents

News

Nottingham councillors have voted through a contentious additional HMO licensing scheme. The current scheme, covering central areas of the city, will soon come to an end and the council plans to introduce a new citywide scheme in January 2024. It says this would pre

Boiler Upgrade Scheme has been a flop, Lords climate committee warns

Boiler Upgrade Scheme has been a flop, Lords climate committee warns

News

Peers have slammed the governments Boiler Upgrade Scheme for attracting a disappointingly low� take-up of grants. Launched in https://www.landlordzone.co.uk/news/latest-official-boiler-upgrade-scheme-launches-today-but-is-it-enough/" target="_blank" <stron

SCAM alert: Landlord and agent pics being used to lure rental ripoff victims

SCAM alert: Landlord and agent pics being used to lure rental ripoff victims

News

A BBC investigation has uncovered a new property rental scam that uses Facebook Marketplace and then fake accommodation booking sites to lure in unsuspecting tenants. Called an advance rent payment scam, a technique that has been around for many years, this version of it is more

Opinion: Should 'Awaab's law' be applied to private rented sector?

Opinion: Should 'Awaab's law' be applied to private rented sector?

Opinion

The Government has now committed to delivering Awaabs Law in a new amendment to the Social Housing Regulation Bill. But does the Government intend to place the same onus on private landlords, and is this law totally fair? I cant help feeling perplexed as

LATEST: Bradford leads the way as rental yields rise across the UK

LATEST: Bradford leads the way as rental yields rise across the UK

News

Landlords in Bradford and Leeds are enjoying the UKs best rental yields, with those in Exeter seeing the largest annual growth last year. Yields have increased by as much as 2.5% in the past 12 months, according to Sirius Property Finance, which reports that as rent values ou

Expert slams licencing schemes for red tape that 'punishes good landlords'

Expert slams licencing schemes for red tape that 'punishes good landlords'

News

Propertymark is calling for more local authority funding to ensure licensing schemes dont unfairly burden compliant landlords. It says councils scant resources and inadequate staffing levels mean processing licence applications takes longer than it should and hampers their

Property giants slam Government's lack of action on EPC upgrades

Property giants slam Government's lack of action on EPC upgrades

News

An influential new report has slammed the Governments lack of progress on its much-heralded desire to see the property sector reach net zero by 2050. Published today jointly by the British Property Federation and property giant JLL, the report is critical of Government

NEW: Consultation launched on how to stop unfair council tax re-banding of HMOs

NEW: Consultation launched on how to stop unfair council tax re-banding of HMOs

News

The Government has launched its https://www.landlordzone.co.uk/news/latest-council-tax-crisis-for-hmo-tenants-averted-after-commons-statement/" target="_blank" promised consultation on its plans to reform the way HMO properties are valued for counci

Estate agency fined �35,000 for failing to licence three properties

Estate agency fined �35,000 for failing to licence three properties

News

It's not just landlords who can be fined heavily - an estate agency now faces paying a �35,000 penalty for failing to licence three properties in the town of Edmonton in London. Enfield Councils licensing and enforcement work officers investigated Green House Estate Agents L

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Battle of words over 'disgusting' comments during landlord conference

Battle of words over 'disgusting' comments during landlord conference

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The Eastern Landlords Association has condemned comments labelled “unprofessional and disgusting” recorded its annual conference.

Chancellor reveals £39 billion to build more affordable homes to rent

Chancellor reveals £39 billion to build more affordable homes to rent

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Pressure on landlords to provide homes for those who would normally rent within the affordable and social housing sectors will lift soon following today’s Spending Review.

Irish government rows back on failed rent controls

Irish government rows back on failed rent controls

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The Irish government has rowed back on its rent control rules in a bid to bring down rents and boost supply.

Landlord to pay £20,000 after converting house illegally

Landlord to pay £20,000 after converting house illegally

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A Dagenham landlord has been fined more than £20,000 after repeatedly ignoring a planning enforcement notice.

Weaker tenant demand cools off rental market, says Zoopla

Weaker tenant demand cools off rental market, says Zoopla

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News
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Weaker demand and growing affordability pressures have pushed rental growth to a four-year low.

'Fixed term contracts will soon be illegal - are you ready?'

'Fixed term contracts will soon be illegal - are you ready?'

Opinion
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Landlords are facing one of the private rented sector biggest changes in years when it ends fixed-term tenancy agreements.

Rogue estate agents pay heavy price for ignoring redress scheme

Rogue estate agents pay heavy price for ignoring redress scheme

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News
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Nearly 50 estate agencies were expelled from the Property Redress scheme during a six month period last year, the organisation has revealed

Law Commission rules out major change to security of tenure rules for commercial leases

Law Commission rules out major change to security of tenure rules for commercial leases

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News
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The Law Commission has published an interim report on its initial conclusions about security of tenure for business leases

Why can't all licensing schemes cost just £230 - this NW one does

Why can't all licensing schemes cost just £230 - this NW one does

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News
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Landlords in Wirral might not welcome yet another selective licensing scheme, but a reduced £fee will make it one of the cheapest in UK.

Choice of BTL mortgage deals hits record high

Choice of BTL mortgage deals hits record high

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Landlords searching for a new deal will find the choice of buy-to-let mortgages has hit a record high, with 3,860 products available.

Spring statement fails to address rental crisis, NRLA says

Spring statement fails to address rental crisis, NRLA says

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The National Residential Landlords Association (NRLA) has labelled the Spring Statement a missed opportunity to improve the chronic supply crisis in the private rented sector.

Landlords see profits soar from downsizing “loophole”

Landlords see profits soar from downsizing “loophole”

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Landlords are profiting by selling before the Renters' Rights Bill, then reinvesting in post-Bill bargains.

Landlords are being brought "into line” - but more needs to be done to tackle PRS pressures, suggests Labour MP

Landlords are being brought "into line” - but more needs to be done to tackle PRS pressures, suggests Labour MP

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The Government has started to “bring landlords into line”, but more needs to be done to tackle the pressures in the private rented sector, a Labour MP has suggested.

One in five tenants borrow money for their deposit

One in five tenants borrow money for their deposit

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One in five renters has borrowed money that needs to be paid back for their five-week cash deposit, putting them in a precarious financial position before moving in.

Landlords struggling with “needlessly complex” HMO licence renewal applications are selling up

Landlords struggling with “needlessly complex” HMO licence renewal applications are selling up

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Landlords struggling with “needlessly complex” HMO licence renewal applications are fed up and selling up, according to Portsmouth & District Landlords Association (PDPLA).

Search for Landlord of the Year begins

Search for Landlord of the Year begins

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The search is on for Landlord of the Year as part of this year’s LIS (Landlord Investment Show) Awards.

Landlords must use new digital tax software, the Chancellor confirms

Landlords must use new digital tax software, the Chancellor confirms

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Landlords will have to use the new Making Tax Digital for Income Tax Self-Assessment system, the Chancellor has confirmed.

Spring statement misses opportunity for landlords

Spring statement misses opportunity for landlords

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The Spring Statement proved a missed opportunity for landlords and stamp duty, it has been suggested.

Tenants warned to know their rights after Chancellor announces more new homes

Tenants warned to know their rights after Chancellor announces more new homes

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Tenants have been warned to know their rights following Chancellor Rachel Reeves’ announcement of a £2billion investment in 18,000 new social and affordable homes.

Scottish landlords weigh rent hikes against void risks

Scottish landlords weigh rent hikes against void risks

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Scottish landlords advised to balance rent increases with potential void periods post-cap removal; market conditions and tenant challenges considered.

Concerns raised about whether new planning reforms go far enough to address housing shortage

Concerns raised about whether new planning reforms go far enough to address housing shortage

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News
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Concerns about whether new planning reforms go far enough to address the country’s housing shortage have been raised by estate agents.

Labour pressured to remove guarantor rights for landlords

Labour pressured to remove guarantor rights for landlords

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Homelessness charities are requesting amendments to the Renters’ Rights Bill that would severely limit landlords’ right to use guarantor agreements

Inflation dips to 2.8%, boosting hopes of interest rate cuts

Inflation dips to 2.8%, boosting hopes of interest rate cuts

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Inflation has dipped, boosting mortgage borrowers’ hopes of more interest rate cuts.

Average asking rents have risen to £557 a week, new Foxton figures have revealed.

Average asking rents have risen to £557 a week, new Foxton figures have revealed.

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Average asking rents have risen to £557 a week, new Foxton figures have revealed.

Flat sales stall amid lack of meaningful progress on unsafe cladding repairs, estate agents warn

Flat sales stall amid lack of meaningful progress on unsafe cladding repairs, estate agents warn

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News
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Many flat sales are stalling due to a lack of meaningful progress on unsafe cladding repairs, estate agents have warned.

Landlords invited to boost business at training day

Landlords invited to boost business at training day

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News
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Landlords are being invited to a “five-star training day” to help them navigate the biggest changes in the rental market for 30 years.

Single-Family Housing market attracts attention amid surge in demand

Single-Family Housing market attracts attention amid surge in demand

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News
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Investors are targeting the Single-Family Housing (SFH) market as the booming sector aims to help fill the PRS shortfall.

Landlord fails in bid to increase tenant’s rent, tribunal rules

Landlord fails in bid to increase tenant’s rent, tribunal rules

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A landlord company has failed in its bid to increase a tenant’s rent by 25% after a First Tier Property Tribunal heard that poor standards would lower the market rent.

NRLA on the road: New events programme to bring the association to you

NRLA on the road: New events programme to bring the association to you

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The NRLA is hosting free "On Tour" events across England and Wales, offering expert advice on upcoming legislation. The first live Listen Up Landlords podcast will also be recorded to mark the NRLA's fifth anniversary. Details for the annual conference will be announced soon.

Landlords turn to HMOs as higher mortgage costs steer them towards larger properties for better returns

Landlords turn to HMOs as higher mortgage costs steer them towards larger properties for better returns

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More landlords are investing in HMOs as higher mortgage costs prompt them to turn to larger properties with better returns.

Landlords' legal action halts licensing scheme

Landlords' legal action halts licensing scheme

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A group of disgruntled landlords in Scunthorpe has succeeded in halting its new selective licensing scheme.

New “crackdown on bad landlords” launched by London council

New “crackdown on bad landlords” launched by London council

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A new “crackdown on bad landlords” has been introduced by a London council.

Tenants are paying £2,195 more on their annual housing costs, says Savills

Tenants are paying £2,195 more on their annual housing costs, says Savills

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Private tenants are paying £2,195 more on their annual housing costs than in 2022, according to Savills’ latest research.

The Renters' Rights Bill moves a step closer to Royal Ascent

The Renters' Rights Bill moves a step closer to Royal Ascent

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The controversial Renters' Rights Bill has moved a step closer to Royal Ascent