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Well-known landlord jailed after defrauding HMRC out of £500,000

Well-known landlord jailed after defrauding HMRC out of £500,000

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A landlord who defrauded HMRC out of almost �500,000 by keeping deductions from his employees wages has been jailed for three years. Michael Stainer, 74, (inset, main picture) was found guilty of two counts of cheating the public revenue and one of fraud by false representat

Many UK buildings are in danger of becoming unusable in heatwaves

Many UK buildings are in danger of becoming unusable in heatwaves

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As temperatures in England and Wales soar this week, many office buildings will become unusable says real estate sustainability expert Chris Bennett of consultancy https://evoraglobal.com/" target="_blank" Evora Global - it should act as a powerful warning for real estate

'War on landlords' latest - 46,000 rental properties to disappear this year

'War on landlords' latest - 46,000 rental properties to disappear this year

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An estate agency has claimed that the governments war on landlords will cost the private rented market some 46,000 this year, or some 3,800 every month. Hamptons , which has branches all over the UK, says its research confirms that, as LandlordZONE

The cost of living crisis affects landlords as well as tenants

The cost of living crisis affects landlords as well as tenants

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With the cost of living crisis being the political issue of the day, and a political leadership contest underway, theres something of a hiatus in the way its being dealt with. But the situation is now quite urgent. Financial distress is now higher than during the pandemic.

Frustrated landlord quits after 20 years in the sector

Frustrated landlord quits after 20 years in the sector

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After 20 years, landlord Sue quits the sector, citing frustration with anti-landlord sentiment and increasing regulatory burdens.

Minister defends excluding PBSA from tenancy changes

Minister defends excluding PBSA from tenancy changes

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Minister defends exempting student housing from new tenancy rules to keep in step with academic year agreements/

EXCLUSIVE: Can landlords still access councils' empty homes funding?

EXCLUSIVE: Can landlords still access councils' empty homes funding?

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Landlords with empty properties are being urged to take advantage of council cash to help fight the housing shortage. About 300 councils currently offer a scheme mainly loans to carry out repairs - although some provide grants, usually ranging from �5,000 to more than �25,

What landlords letting abroad need to know about Making Tax Digital

What landlords letting abroad need to know about Making Tax Digital

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Letting out property abroad can be a great way of generating extra income. The property might have been bought primarily as an investment but for others or it could be second or holiday home let out when not in use. There are plenty of things to think about, though.

LATEST: Leicester ploughs on with selective licensing despite landlord criticism

LATEST: Leicester ploughs on with selective licensing despite landlord criticism

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Leicester is going ahead with its selective licensing extension in three areas of the city, charging landlords �1,090 per property - the highest fee in the Midlands. The council is introducing the scheme in parts of Westcotes, Fosse, Braunstone Park and Rowley Fields wards, whi

Landlords told to 'brace themselves' for inspections at 29,000 properties

Landlords told to 'brace themselves' for inspections at 29,000 properties

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Durham Council has warned landlords covered by its new selective licensing scheme to brace themselves for inspections next month. At least 29,000 properties, 42% of the countys PRS, are covered by the scheme which launched in April after winning government approval. <p id

LATEST: 18% of rented homes will need �10,000 spent on them to achieve EPC band C

LATEST: 18% of rented homes will need �10,000 spent on them to achieve EPC band C

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Nearly one-fifth of private rented homes would need work costing more than �10,000 to bring them up to an EPC Band C, according to the latest PRS figures. The English Housing Survey Private Rented Sector report for 2020-21 found that these were more likely to need larger sums o

London rents have seen record rises in a very hot spring market

London rents have seen record rises in a very hot spring market

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The latest figures available from Rightmove show that London rents jumped by around 14 per cent in the last year, with some property experts calling it the most competitive market on record Matt Hutchinson, a director at SpareRoom, the flat sharing website, has said: <p

What's the outlook for UK commercial property, post pandemic & Brexit?

What's the outlook for UK commercial property, post pandemic & Brexit?

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The pandemic has had a devastating impact on commercial property, with lockdowns, social distancing, working from home (WFH), all accelerating the move to online and home deliveries. The likes of Tesco, Ocado and the other big supermarket deliveries were the saviour of the public during the

LATEST: Rent controls take another step towards reality in Wales

LATEST: Rent controls take another step towards reality in Wales

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Welsh politicians have reaffirmed their desire to consider rent controls in the PRS while announcing plans to crack down on the holiday let sector. Plaid Cymru leader Adam Price (main pic, right) suggested rent controls could be on the table when the long-awaited but now <a href

Michael Gove sacked after joining his housing ministers in calls for Boris to resign

Michael Gove sacked after joining his housing ministers in calls for Boris to resign

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Michael Gove, arguable the best housing secretary for some years, has been sacked from his job after joining a chorus of Tory cabinet ministers calling on the PM to resign. During a fast-moving day in politics which has seen over 40 MPs quit the government or withdraw their supp

Wales to licence 'commercial holiday lets' landlords to help solve renting crisis

Wales to licence 'commercial holiday lets' landlords to help solve renting crisis

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Welsh government leaders have revealed radical plans to licence holiday lets in a bid to get tough on the causes of long-term rental shortages. The region is to introduce a cap on the number of second and holiday homes while bringing in measures to put more homes into common own

Put your EICR date in the diary now to avoid a shocking bill

Put your EICR date in the diary now to avoid a shocking bill

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HMO landlords face paying thousands of pounds for https://www.landlordzone.co.uk/news/safety-peer-asks-why-private-landlords-must-do-electrical-checks-when-social-ones-are-exempt/" electrical equipment when new regulations kick in later this year. An amendment

LATEST: Manchester reveals more details of its selective licensing expansion

LATEST: Manchester reveals more details of its selective licensing expansion

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Manchester aims to double the size of its selective licensing scheme by adding another 1,884 properties in eight areas. The council has given it the go-ahead to the https://www.landlordzone.co.uk/news/manchester-mayor-vows-to-launch-1-5m-landlord-licensing-across-city/"

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POLL: Portfolio landlords moving to commercial as PRS becomes more difficult

POLL: Portfolio landlords moving to commercial as PRS becomes more difficult

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Large portfolio&nbsp;landlords are feeling upbeat despite the tough economic climate, with many eyeing the commercial sector for their next property purchase. The https://www.handelsbanken.co.uk/en/about-us" target="_blank" Handelsbanken </a

Leasehold WILL be abolished if we get into power, promises Labour

Leasehold WILL be abolished if we get into power, promises Labour

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Labour has vowed to abolish the leasehold system as soon as it comes to power following Michael Goves U-turn earlier this month. The Housing Secretary dropped https://www.landlordzone.co.uk/news/new-gove-sets-sights-on-scrapping-leasehold-ownership/" target="_blank"

LATEST: Decent Homes Standard 'missing' from Renters (Reform) Bill

LATEST: Decent Homes Standard 'missing' from Renters (Reform) Bill

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Environmental health bodies are to press the government on why it omitted plans for a Decent Homes Standard in the Renters (Reform) Bill. Despite including most of the promised draft legislation, the expected standards were missing and only mentioned in an accompanying press rel

'Fixed term tenancies MUST be preserved within reform bill for students lets'

'Fixed term tenancies MUST be preserved within reform bill for students lets'

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A proposed ban on fixed-term tenancies could penalise students amid an already heightened rental crisis in many cities. According to student rentals platform StuRents�

Battle over holiday lets hots up as campaigning MP holds meeting

Battle over holiday lets hots up as campaigning MP holds meeting

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The increasingly rancourous debate between Airbnb landlords and legislators will come to a head in York this week as the city's MP convenes a public meeting to discuss the growing problem of short lets within its walls. MP Rachel Maskell (main picture) is one of six mostly Labou

'This is why built-to-rent will outperform BTL in the long term'

'This is why built-to-rent will outperform BTL in the long term'

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Property management professional David Goldberg recently revealed that in the long term, investing in so-called build-to-rent developments will prove to be more profitable for investors than buy to let. He claimed that built-to-rent looks to be a win-win for both tenant

SW city to clampdown on HMO conversions with harsher rules

SW city to clampdown on HMO conversions with harsher rules

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Exeter is considering extending its Article 4 direction to help manage the impact of the citys student population. The current Article 4 restricting landlords rights to convert properties into HMOs is in an area close to the University of Exeters Streatham and S

Reform bill will push more landlords into the short-lets market, say experts

Reform bill will push more landlords into the short-lets market, say experts

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Leading figures on both sides of the private rented sector have agreed that the Renters Reform Bill, along with the Governments other changes including tax relief, are driving landlords into the short lets market. The comments were made during a debate chaired by former North

OFFICIAL: Latest evictions surge 'due to reforms pushing out landlords'

OFFICIAL: Latest evictions surge 'due to reforms pushing out landlords'

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The Minsitry of Justice has blamed a 23% jump in the number of private landlord possession during the first three months of the year on the Welsh PRS reforms, although volumes are still below pre-Covid levels. Quarterly figures from the Ministry of Justice show that claims&nbsp;

John Lewis build-to-rent plans stall as locals oppose huge apartment 'towers'

John Lewis build-to-rent plans stall as locals oppose huge apartment 'towers'

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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

'Disappointing' - housing chiefs slam lack of property measures in Budget

'Disappointing' - housing chiefs slam lack of property measures in Budget

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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

BUDGET: Scrapping lifetime pension fund limit 'will reduce BTL investment'

BUDGET: Scrapping lifetime pension fund limit 'will reduce BTL investment'

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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

'A budget that does nothing to help struggling renters', says Shelter

'A budget that does nothing to help struggling renters', says Shelter

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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

Leading economics expert says 'enough is enough' for bruised landlords

Leading economics expert says 'enough is enough' for bruised landlords

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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

Gap between renting and home ownership cost narrows as mortgage payments rise

Gap between renting and home ownership cost narrows as mortgage payments rise

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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.

BUDGET 2023: Hunt ignores pressing needs of landlords and tenants

BUDGET 2023: Hunt ignores pressing needs of landlords and tenants

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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

Landlords are rushing to sell as tax bills and refurb costs rise above rent

Landlords are rushing to sell as tax bills and refurb costs rise above rent

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Youve made the decision to sell, and beat the market drop and increased costs. But where do you turn? Estate Agents can get you a high price, but theyll take far too long. Auctions can sell super-fast, but you might be compromising on price. <figure id="" class="w-richtext-figure-t

The latest lettings legislation for landlords - The Property Cast, Total Landlord Insurance

The latest lettings legislation for landlords - The Property Cast, Total Landlord Insurance

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In this in-depth private rented sector legislation special, Eddie and Paul are joined by David Smith, head of property litigation at JMW Solicitors. The discussion kicks off with the recent landmark Rakusen v Jepsen rent repayment order case, where David represented the NRLA and which, he e

Awaab's Law 'must be extended to private rented sector', says Generation Rent

Awaab's Law 'must be extended to private rented sector', says Generation Rent

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Generation Rent is calling on the government to extend Awaabs Law to the PRS after its survey found 1,106 private rented homes in England with dangerous levels of damp and mould. A Freedom of Information request by the campaign group found that the 65 councils which reported

'Something must be done about rogue rent-to-rent operators' says industry chief

'Something must be done about rogue rent-to-rent operators' says industry chief

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Eddie Hooker, Chief Executive of insurance company the HFIS Group, has called for action to combat the murky end of the rent-to-rent market. Talking during an video interview with LandlordZONE , Hooker said action was needed to increase transparency w

Landlords warned over using unregulated solicitors to fill in eviction claim forms

Landlords warned over using unregulated solicitors to fill in eviction claim forms

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A tenancy mediator has warned landlords that they or the experts they hire - risk being jailed for contempt of court by not using a regulated solicitor to fill in possession notice claim forms. PRS Mediations Julie Ford (pictured) says that under the L

First rental eviction prompted by tighter EPC rules takes place in Midlands

First rental eviction prompted by tighter EPC rules takes place in Midlands

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An 80-year-old disabled woman is being evicted from her home after more than 60 years because her property wont pass tighter new EPC rules, a case which is believed to be the first of its kind. Thoresby Estate which owns Anne Marshs property in Edwin

BUDGET: Charities call for LHA to be raised to relieve pressure on benefits tenants

BUDGET: Charities call for LHA to be raised to relieve pressure on benefits tenants

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Increasing the Local Housing Allowance would be the quickest way for the government to improve access to affordable homes, say housing charities. According to analysis by the Institute for Fiscal Studies (IFS), in 37 local authorities, the gap between market rents for three-bedr

Property manager to pay �25,000 after failing to appeal 'horror electrics' fine

Property manager to pay �25,000 after failing to appeal 'horror electrics' fine

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The director of a property management firm has been fined more than �25,000 after dangerous electrics were discovered at an HMO in Northampton. West Northamptonshire Council issued a warrant in May 2022 after tenants raised concerns about the property in Lutterwor

NE Landlords slam councils' blanket licencing plan as 'waste of time'

NE Landlords slam councils' blanket licencing plan as 'waste of time'

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Landlords in the North East have complained that a rubber stamped selective licencing scheme is a pure waste of time� and that they are fed up being taxed in this way�. The comments concern Middlesborough councils plans to extend its licencing scheme in the ce

BUDGET: What can landlords expect from the Chancellor this week?

BUDGET: What can landlords expect from the Chancellor this week?

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Landlords will be looking for more government support to make energy efficiency improvements while hoping for some tax burden relief in the upcoming Budget. With EPC deadlines looming, many want greater incentives to back up the https://www.gov.uk/apply-boiler-upgrade-s

BREAKING: Government to issue new 'How to Rent' guide on Friday

BREAKING: Government to issue new 'How to Rent' guide on Friday

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A new How to Rent guide will come out on Friday (17th March) which landlords in England must serve at the start of any new tenancy or renewal. The new guide forms part of the prescribed information landlords must issue, and if they dont

VOTE: Scots rent rises to be capped at 3% until October, MSPs agree

VOTE: Scots rent rises to be capped at 3% until October, MSPs agree

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Scottish MSPs have voted through a rent cap and extension of the eviction ban until 30th September. The rent cap for private sector tenancies will increase to 3% from 1st April under the amendment to the https://www.gov.scot/publications/cost-living-ten

NEW: Worcester latest to propose city-wide HMO licencing scheme

NEW: Worcester latest to propose city-wide HMO licencing scheme

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All HMO landlords in Worcester will soon have to buy a licence if councillors back a new additional licensing scheme. The city has operated an additional scheme since September 2015 but amended it in 2020 to cover only the wards of Arboretum, Bedwardine, Cathedral and St Clement

Landlords LEFT OUT of new 'forbearance' guidance for mortgage holders

Landlords LEFT OUT of new 'forbearance' guidance for mortgage holders

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Landlords have been left out of measures announced today designed to support mortgage holders during the cost of living crisis. The guidance, which has been issued by the Financial Conduct Authority (FCA) updating borrowers responsibilities to their existing mortgage holders,

FIRST rent repayment order against landlord issued following landmark case

FIRST rent repayment order against landlord issued following landmark case

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A landlord who tried to claim that he was the superior landlord of an unlicensed HMO has failed in his bid to avoid paying a Rent Repayment Order. In the first RRO case since the landmark�

'Zero-rate VAT for property upgrades if you want to hit EPC targets' say big landlords

'Zero-rate VAT for property upgrades if you want to hit EPC targets' say big landlords

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The British Property Federation (BPF) has called on the government to zero rate VAT on building repair and maintenance to incentivise essential upgrades across the residential sector or risk missing its 2050 net zero target. In the run-up to next weeks Budget, it says the

Politician warns big landlord fines by councils 'can be seen as hypocritical'

Politician warns big landlord fines by councils 'can be seen as hypocritical'

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A Suffolk councillor has spoken out against targeting private landlords with tougher regulations when authorities face similar problems with their own housing stock. Both Babergh and Mid Suffolk councils have agreed that civil penalties of up to �30,000 should be used to deter

NRLA chief Ben Beadle cleared of misleading MPs on rent supply

NRLA chief Ben Beadle cleared of misleading MPs on rent supply

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NRLA boss Ben Beadle clears his name, confirming he did not mislead MPs about private rental supply shortages.