A rogue Liverpool landlord has been fined £30,000 for failing to get licences for two student HMOs three years after it was fined 45,000 for similar offences. Trophy Homes, which claims to operate within the 'luxury' student, co-living and general rental sectors, admitted
Bank of England warns landlord exodus from rental sector as taxes and policies drive investors away, worsening housing supply crisis.
The future of new rented accommodation in the UK will be developments where all facilities including transport, shops and services including schools are all within 15 minutes of a tenants property, it has been claimed. This comment was made during a https://www.savil
Landlords are calling on the Government to review how they are taxed after new figures reveal the devastating impact higher levies are having on the private rented sector. The National Residential Landlords Association (NRLA) says new research conducted on its behalf by co
Two out of three HMO landlords in Portsmouth plan to call it quits this year, largely prompted by the launch of an additional licensing scheme in September. Portsmouth & District Private Landlords Associations survey found that this would mean a loss of 348 rooms which, e
A Government investigation into damp and mould in the social housing sector has disclosed initial findings which show a significant number of homes in the social sector are affected by this problem. On Thursday (2 February) the Regulator of Social Housing (RSH) published a <a hr
The property industrys Rumble with the Agents charity event is to host its eighth evening of boxing and fund-raising in North London on Thursday 22nd June, it has been announced. <figure id="" class="w-richtext-figure-type- " data-rt-type="" dat
The Bank of England has raised interest rates for the 10th consecutive time as it battles inflation - a move likely to hit thousands of investors with variable rate mortgages and those forced to renew fixed-rate deals. The base rate has gone up by half a percent to 4%, the highe
Englands HMO market has shrunk by more than 21,000 properties in the last two years as local councils ramp up planning rules and licensing schemes. Numbers were down by -2.4% to 489,701 last year, having already seen a -1.7% drop in 2021, according to figures from Octane Capi
The boss of online lettings platform lettingaproperty.com is determined to overcome landlords inertia to switch from using high street agents. Jonathan Daines admits its a challenge as 95% of landlords still use agents, with the ingrained belief that the online process wil
House prices have fallen for the fifth month in a row, with the average property now worth �258,297, almost �4,000 less than in December, reports Nationwide. January saw a -0.6% monthly dip which left prices 3.2% lower than their August peak, while annual house price growth al
If you were due to submit a self-assessment tax return and pay your dues by yesterdays deadline and you missed it you should do so now without delay, otherwise you will face a penalty. Anyone with rental income must submit a self-assessment income tax return, completing the property inco
Landlords are to get their latest outing on the silver screen within the first movie by comedians Vic Reeves and Bob Mortimer, it has been reported. But predictably its not the image many would prefer to see the comedy pair promote. After nearly two decades of dev
A London landlord has been hit with a �9,880 rent repayment order after failing to convince a tribunal that his tenants application was not legal. The landlord admitted that he had held a selective licence which limited occupation to five people from one household but hadn
The number of households becoming https://www.landlordzone.co.uk/news/new-minister-reveals-millions-more-to-fund-prs-support-schemes-for-homeless/" homeless from private rented tenancies in Scotland is now higher than it was pre-pandemic, according to new government data.
Ministers and campaigners who claim that tenants are trapped in a 'broken' private renters sector are wrong, a new independent report commissioned by the NRLA has claimed, highlighting how three quarters of tenants think their rent fair or excellent value for mo
In the latest episode of The Property Cast , now available to https://www.totallandlordinsurance.co.uk/knowledge-centre/investing-in-buy-to-let-2023?utm_source=landlordzone&utm_medium=investment+podcast+article&utm_campaign=landlordzone+january+2023" <st
Superior landlords could find themselves hit by Rent Repayment Orders if the government decides to amend the upcoming Renters Reform Bill. Property lawyer at https://www.jmw.co.uk/" JMW , David Smith (main picture), says that despite the
We've all seen the news, with changes in regulations and tax and interest rate rises, landlords have been flocking to sell their property portfolios. But with so many properties, all full with tenants, some of them with problems, low rents or even rent skipping, how can you get out fast?
40 HMO operators convene at COHO's ManorMinds to discuss rising energy costs, exploring tech solutions and tenant education to manage bills.
Landlords financial contribution to upgrading properties in Wales should be linked to average market rents in any given area, suggests the NRLA . Under its proposals, landlords would need to contribute a minimum of �5,000, while those renting properties
Expert tips from landlord Richard Jackson on how to spot problematic tenants before signing, helping landlords avoid future rental issues.
The Supreme Court has ruled that Rent Repayment Orders cannot be made against a superior landlord. The landmark ruling has implications for rent-to-rent arrangements and means tenants cannot go after superior landlords property owners or leaseholders - when seeking redress.
A landlord will need to carry out repair or maintenance work on a buy-to-let property 72 times during their ownership, costing them more than £34,000, it has been revealed. Research by lettings and estate agent Benham and Reeves found that while pests are
The UKs competition watchdog is to launch an investigation into consumer rights for those rent their homes and the activities of landlords and letting agents. This announcement, which has been made by the Competition and Markets Authority (CMA), reveals that it intends to she
A cross-party group of MPs and peers has suggested that landlords who dont upgrade their properties should be liable for mortgage penalties. The All-Party Group on a Green New Deal believes there should be a 1% mortgage interest rate premium levied on all buy-to-let propertie
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
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
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
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 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,
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�
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
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 boss Ben Beadle clears his name, confirming he did not mislead MPs about private rental supply shortages.
The Property Redress Scheme annual report 2022 has just been released and reflects on
Refurbishing, or in the jargon - retrofitting - older commercial and residential buildings, according to the Government, is desirable and necessary, given that energy efficiency standards that will need to be met under the Governments legal commitment to net zero by 2050. But
A property investor who falsely claimed a �45,000 Bounce Back Loan before dissolving his firm has been banned by the Insolvency Service. Simon Gorgin, 63, from Kings Langley, was sole director of P3 Estates Ltd until it was dissolved in December 2021. In May 2020,
Hackney Council has launched a major enforcement drive against private landlords who ignore complaints about serious damp and mould, signalling an unofficial application of 'https://www.landlordzone.co.uk/news/opinion-should-awaabs-law-to-be-applied-in-the-private-rented-sector/" i
Leaders of a campaign seeking to change the law on unfair HMO property council tax re-banding are urging landlords to input into the ongoing Government consultation on the matter due to end on the 31st March. As https://www.landlordzone.co.uk/news/exclu
The landlord of a property dubbed a house of horrors� has been ordered to pay more than �8,000 by the courts. Barking and Dagenham Council enforcement officers discovered water leaks, broken windows and doors, a lack of fire protection, exposed electrical wiring, and rat a
Explore Asia’s prime property hotspots—from Singapore and Kuala Lumpur to Tokyo—for strategic, international investment opportunities.
BTL mortgage options broaden as lender confidence returns—more competitive deals appearing for landlords.
The Court of Appeal has dismissed the case of a landlord who tried to evict a tenant in arrears after getting the date wrong on a Section 13 notice. Tenant Victoria Whiteland had lived in her cottage in Llanbydder, Carmarthenshire, since May 1991 but although the rent was due ev
Estate agents have told politicians that Government-backed interest-free loans or grants to cover the cost of looming EPC upgrades are the only way many landlords will be able to fund the work. The comments have been made by industry association Propertymark
Haringey Council has been hauled up for not completing fire and electrical checks at thousands of its properties, despite handing a private landlord �2,500 for the same failing. The https://www.gov.uk/government/publications/london-borough-of-haringey/regulatory-notice
The government should restore tax relief for mortgage interest and extend the deadline for proposed EPC energy improvements if it is to avert a looming rental property crisis. Buy-to-let sales platform Vesta Property has already seen a surge in properties for sale as many privat
Property and construction industry software and data company Zutec aims to improve the quality of buildings data so that people can make better decisions and work more productively. The company provides a full suite of digital solutions, including construction management software for archit
A Luton landlord has been fined for the unusual offence of failing to provide documents relating to safety issues at his property. Sarfraz Yousaf , of New Bedford Road, the director of Poplar Homes Ltd (pictured), was prosecuted by Luton Council after it re
An experienced landlord who left a family with a baby without water or adequate heating in their rented property over Christmas and New Year has been fined. Anthony Wardrop , 79, of The Parade, Hartlepool, had denied a charge of failing to comply with an Im
Nottingham has revealed it will charge non-accredited, less compliant HMO landlords an eye-watering £1,993 fee to join its proposed additional licensing scheme a £273 increase on the current schemes fee. Accredited landlords will pay �1,118 - up from �990 - in a city
