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
Continued demand for detached properties and a post-Covid resurgence in rent for flats has pushed annual increases in London above inflation. Average rents have accelerated by 4% to �1,499 during Q3 more than double the previous quarters rise and up 11% (�160) highe
The Rishi effect has started to impact mortgage rates just a day after the new PM was announced. As former Chancellor Rishi Sunak moves into number 10, some lenders have announced plans to drop their rates from tomorrow; Coventry Building Society is reducing its new busine
Nottingham landlords could face a �5,000 fine if their property doesnt have an EPC E rating as the city council bids to crack down on cold homes. The authority has agreed to adopt financial penalties under the Energy Efficiency (Private Rented Property in Engla
In this episode of The Property Cast, Eddie and Paul welcome energy expert and Head of Tenancy Services at Goodlord, Rik Smith. Drawing on his in-depth knowledge of the residential energy market, Rik cuts through the jargon to explain what is happening in the energy market at la
In this episode of The Property Cast, we discuss how landlords and agents can stay on top of their legal obligations. Landlords now have to meet 168 rules and regulations to let a property legally, but what are the latest legislative updates that landlords and agents need to kno
The Property Cast returns for 2022 and our first episode discusses what the Governments strategy is to achieve decarbonization of the private rented sector? What is the NRLA doing to support landlords? And what do landlords need to know? Eddie and Paul are joined by CEO of th
With inflation now into double figures, with all the financial shenanigans over the mini budget, the 10 year risk free bond yield at around 5 percent, its sending mortgages rates above 6 per cent, so how low will house prices go? It seems inevitable prices will fall, but by h
A prominent landlord in the North East has told the BBCs Newsnight programme that unless variable mortgage rates reduce he will have to start handing the keys back to the ten or so properties within his portfolio. <figure id="" class="w-richtext-figure-type- " data-rt-type="" da
Outspoken landlord Tina Knight has incurred the wrath of social media users by outlining the sectors eviction headaches on Good Morning Britain. She told presenters Susanna Reid and Richard Madeley that tenants have too much power and described some landlords
The Newcastle headquartered firm Greggs has won an initial High Court ruling in a �150m Covid related case against the insurance company, Zurich. Greggs claim was over its business interruption insurance with Zurich in which the firm claims it is due monetary compensation fo
London mayor Sadiq Khan says families would save about �3,000 during the next two years if he was given the power to freeze rents in the capital. We are asking government to give us the powers to have rent controls,� he toldhttps://www.bbc.co.uk/iplayer/episode/m0
Chancellor Jeremy Hunt has announced that the government will reverse almost all the tax measures announced in its recent growth plan. While it will still go ahead with cutting stamp duty, a planned 1p cut to the basic rate of income tax will now be shelved indefinitely� wh
There have been many articles in the media stating that it will cost £5,000 to £6,000 to improve a residential landlords EPC from D to C. James Tanner, whose family operates a London-based PRS portfolio, and who also runs a https://www.jtannerproperties.c
New research within the private rented sector has unearthed surprising attitudes to rent increases among tenants. Uswitch asked 2,000 renters whether they would accept an increase when renewing their rental contract and found that on average 36% would accept an increase while 50
Private landlords face a combined bill of �17.9 billion to upgrade their properties to a minimum EPC band C by 2025, with landlords in the capital facing the largest bill at �3.2 billion. Knight Franks figures highlight the looming crunch within the private rented sector pr
Leading landlord and evictions figure Paul Shamplina has warned those seeking property investment training to be wary of courses which seem to provide easy shortcuts to success�. His comments were made over the weekend within an investigation by The Telegraph newspaper into
The UKs largest holiday home rentals website has published shocking figures that reveal the average income earned by property investors on its platform. Sykes Holiday Cottages Holiday Letting Outlook Report 2023 reveals that its average owner saw an income of �24,000 last
A First Tier Property Tribunal has slammed Nottingham Council for covering large swathes of the city with licensing schemes rather than targeting rogue landlords, a 'temptation' it says is faced by other local authorities. Justice for Tenants brought a case on behalf of a tenant
As landlords continue to exit the buy-to-let market, to the detriment of their tenants, could this rout also lead to buy-to-let mortgage lenders following their lead? This is a question posed by Chloe Cheung writing for the FT this last weekend. Its a serious question, a deve
Letting agents have backed the Governments decision to reform the way HMO properties are banded for council tax. Propertymark, which represents the estate agency sector, says in its submission to a consultation by the Department of Levelling Up, Housing and Communities that p
Landlords wanting to back the eco movement may want to pause for thought after the Green Party today vowed to bring in an immediate rent freeze and no-fault eviction ban to tackle the housing crisis. During an election campaign visit to Suffolk, party co-leaders Carla Denyer and
A new law to crack down on predatory landlords who exploit vulnerable people for sex in return for free or discounted rent is being considered, Home Secretary Suella Braverman (main picture) has announced. Her department is seeking the views of victims, the police and charities
There are heavy fines for those landlords who fail to have their rental properties tested by a qualified electrician before letting, and for existing tenancies, or if they fail to comply with any of the important recommendations made in a test report. The landlord will ordinarily have 28 da
Tribunal judge warns landlords to include licensing update clauses in agency contracts to avoid fines for non-compliance with licensing requirements.
The number of VAT and/or PAYE enterprises operating in the UKs residential and commercial rental sectors climbed 2% in the past year, despite the governments best efforts to deter investment. Analysis of government data by debt advisory firm https://siriusfinance.
Luton Council is making yet another attempt to bring in two new licensing schemes after a string of false starts amid landlord opposition. Its overview and scrutiny board has agreed to recommend a town-wide additional scheme as well as a selective scheme in South ward, which now
Durham citys parish council has taken the unusual step of asking student landlords to make a voluntary donation towards the cost of cleaning up street waste and discarded furniture. It will ask for a contribution of �52 towards its precept from student landlords to match the
Two-thirds of private landlords might sell up if they are forced to make EPC upgrades, new research finds. The Mortgage Advice Bureau says 59% would consider selling their property due to not being able to afford the changes needed to meet the minimum level. With an
NRLA boss Ben Beadle has urged the government to learn from the awful implementation� of Renting Homes Wales which he labelled a car crash of epic proportions�. Speaking on The Guild of Property Professionalshttps://podcasters.spotify.com/pod/show/guildprop
The Mayor of London has accused private landlords across the UK of taking rent worth �9 billion for homes that are non decent, �1.6 billion of which is paid for via housing benefit. The figure is highlighted as, this morning, Sadiq Khan reveals his PRS research generated
Legal expert warns that exempting asylum seeker HMOs from licensing could lower accommodation standards and encourage subpar housing provisions.
Housing Secretary Michael Gove meets with private rented sector leaders to discuss upcoming reforms, including the Renters Reform Bill.
Landlords and letting agents have told a new poll that the Government must reverse its Section 24 mortgage interest relief tax changes as a priority to get the private rental sector back on track. Rent tech platform Goodlord conducted the research among some 1,500 agents,
Talk of AI is all the rage right now, but have you thought about how you could use this revolutionary new development? ChatGPT is what is known as a natural language processing tool� driven by artificial intelligence (AI) technology that allows human-like conversations. Thi
Landlords criticise Minister Mims Davies for lacking data on LHA freeze impact; NRLA urges urgent action to address housing affordability gap.
Former housing minister Lord Greenhalgh has expressed doubts that leasehold reforms will be included in the Kings Speech this autumn. In an interview with Leasehold Knowledge, he said that despite being very complex legislation, the background work had been don
Edinburgh council boss Cammy Day (main pic, right) has admitted that introducing licensing and new planning application rules will result in fewer holiday properties. Speaking to Australian news channel SBS, Day explai
A landlord in Buckinghamshire is the latest to receive a large fine for operating an unlicenced HMO. Ahmad Kamal Younus, who owns a rental property on Ellsworth Road in High Wycombe, was recently found guilty of five offices Wycombe Magistrate Court by District Judge Sharma, inc
A good Samaritan landlord is bucking the national trend by not raising his rents for more than 25 years. Mick Musson, who owns eight flats at the former Blue Horse Pub (inset), in Great Ponton, Lincolnshire, hasnt increased the rent since he took over the property, and now co
A new 'mechanical ventilation with heat recovery' (MVHR) system aims to provide the solution to landlords damp and mould problems. Ebacs self-managing, hands-off eco-system is designed to be installed in a loft opening and works to continually extract polluted, humi
Government acknowledges private rental sector shortage, pledges action to boost housing supply amid growing demand and affordability concerns.
In the case of B&M Retail Ltd v HSBC Bank Pension Trust (UK) Ltd [2023], The Central London County Court was asked to rule on a claim for possession by the landlord under the rules of the Landlord and Tenant Act 1954. The landlord was seeking possession against the tenant
Thousands of landlords who entered the private rented sector following the introduction of dedicated buy-to-let mortgages in 1996 are now retiring in increasing numbers, it has been revealed. Research by estate agency Hamptons reveals that some 140,000 landlords retired in 2022,
Barrows and Forrester reports UK landlords' mortgage costs rose 20–45% since 2021, outpacing rent increases, squeezing rental yields.
Plans to bring in a vast new selective licencing scheme within Brent have been given a resounding thumbs down from both landlords and, surprisingly, the London boroughs residents too. <figure id="" class="w-richtext-figure-type- " data-rt-type="" data-rt-align=""><div><img src="https:
Michael Goves plans announced yesterday to require owners of holiday lets in tourist hotspots to get planning permission for their properties has not gone down well in some quarters of the Conservative party. The https://www.landlordzone.co.uk/news/breaking-governmen
