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RICS survey indicates global downturn in commercial property market

RICS survey indicates global downturn in commercial property market

News

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

Landlord vents anger at councils who tell bad tenants to ignore eviction notices

Landlord vents anger at councils who tell bad tenants to ignore eviction notices

News

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

London rents rise faster than inflation to �1,499 a month as tenants fight over flats

London rents rise faster than inflation to �1,499 a month as tenants fight over flats

News

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

LATEST: 'Rishi' effect kicks in as mortgage rates begin to reduce

LATEST: 'Rishi' effect kicks in as mortgage rates begin to reduce

News

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

City to fine landlords up to �5,000 for failing to attain EPC E rating for properties

City to fine landlords up to �5,000 for failing to attain EPC E rating for properties

News

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

Navigating soaring energy bills and the cost of living crisis - Property podcast - Total Landlord Insurance

Navigating soaring energy bills and the cost of living crisis - Property podcast - Total Landlord Insurance

Podcast

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

Legislation: What do landlords and agents need to know?

Legislation: What do landlords and agents need to know?

Podcast

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

Decarbonising the rented sector - what do landlords need to know?

Decarbonising the rented sector - what do landlords need to know?

Podcast

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

House prices soared 14% in the last 12 months, how far will they fall?

House prices soared 14% in the last 12 months, how far will they fall?

News

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

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“Landlord Whales”: the Super–Landlords quietly exiting the sector for big cheques

“Landlord Whales”: the Super–Landlords quietly exiting the sector for big cheques

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"Landlord Whales”: the Super–Landlords quietly exiting the sector for big cheques

Planning reforms haven't worked says leading build-to-rent firms

Planning reforms haven't worked says leading build-to-rent firms

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Planning red tape has caused a slowdown in build-to-rent (BTR) schemes that risks undermining investor confidence, according to the new Build to Rent

Inventory boss slams Government's 'pet in lets' rules chaos

Inventory boss slams Government's 'pet in lets' rules chaos

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The government risks creating uncertainty and conflict between landlords and tenants unless rules are clarified soon.

Surge in tenants 'staying put' as moving becomes more expensive

Surge in tenants 'staying put' as moving becomes more expensive

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Many tenants are staying put for much longer due to their struggle to find rentals and the prospect of paying higher rents for a new property.

Tory blogger mounts unusual challenge to looming pet rules

Tory blogger mounts unusual challenge to looming pet rules

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Blogger and former Tory politician says new pet acceptance rules legalise trespass by livestock.

Big fine for portfolio landlord who ignored licensing scheme

Big fine for portfolio landlord who ignored licensing scheme

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News
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A rogue landlord has been fined £23,500 for knowingly failing to license one of their properties in Haringey.

Big Northern council to consider significant HMO restrictions

Big Northern council to consider significant HMO restrictions

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County Durham hopes to restrict HMO conversions across the county amid fears that rising numbers are impacting communities.

Should landlords be worried about the looming EPC upgrade deadline?

Should landlords be worried about the looming EPC upgrade deadline?

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The LandlordZONE podcast sat down with Nationwide's Landlord Lending Chief to talk EPCs and what they mean for landlords.

EXCLUSIVE: Landlord group reveals battle to stop licensing scheme

EXCLUSIVE: Landlord group reveals battle to stop licensing scheme

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Landlords in Scunthorpe have called for judicial reform after their bid to challenge an upcoming selective licensing scheme failed.

Landlords and agents seek judicial review of Scots rent controls

Landlords and agents seek judicial review of Scots rent controls

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A coalition of landlords and letting groups is seeking a judicial review of the Scottish governments rent control and eviction ban legislation.&nbsp; The Scottish Association of Landlords , Scottish Land and Estates and <strong id=

Deadline looms for overseas landlords to register homes or face jail

Deadline looms for overseas landlords to register homes or face jail

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Overseas entities that bought UK property before 1st August 2022 must register with Companies House by 31st January or risk a fine and jail time. Thehttps://bills.parliament.uk/bills/3120" https://bills.parliament.uk/bills/3120" target="_blank" id=""

HMRC defends mortgage tax relief cuts as 'fair' in petition response

HMRC defends mortgage tax relief cuts as 'fair' in petition response

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A petition urging the reversal of the controversial Section 24 https://www.landlordzone.co.uk/news/autumn-statement-chancellor-reveals-tax-rises/" tax changes for landlords has received a written response from the government after reaching some 28,000 signatures. <p id

NEW: Landlords turning to north for better deals and yields, reveals report

NEW: Landlords turning to north for better deals and yields, reveals report

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Buy-to-let investors are increasingly turning their sights on the north of England in the quest for better deals and yields. In 2015, just four of the 10 top local authorities for landlord purchases were in the north, but by last year, all ten were, according to data from <a hre

Letting agents report 'perfect storm' facing them and their landlords

Letting agents report 'perfect storm' facing them and their landlords

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Letting agents are worried about landlords selling up, new legislation, rising costs and an upsurge of abuse across the sector. A https://www.propertymark.co.uk/" target="_blank" Properymark survey found that most feared landlords quitti

LAW: Landlord escapes �15,000 bill after tribunal's 'surprising' decision

LAW: Landlord escapes �15,000 bill after tribunal's 'surprising' decision

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Three tenants have only been awarded 20% of a rent repayment order application after a tribunal went easy on their forgetful landlord. Lawrence Hoo admitted he had not renewed an additional HMO licence for the property in St Marks Grove, Easton, Bristol, but had applied as soon

House prices to fall by 10 per cent this year says bank boss...

House prices to fall by 10 per cent this year says bank boss...

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Speaking at Davos, the Swiss ski resort where the World Economic Forum holds its annual meeting, Lloyds bank CEO Charlie Nunn said that the UK house price fall will be limited. His views are bolstered by recent numbers on the progress of the UK economy which managed a second

Scots 'flippant disregard' of PRS will make housing shortage worse

Scots 'flippant disregard' of PRS will make housing shortage worse

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The Scottish governments flippant disregard for the private rental sector will only exacerbate the housing crisis, warns industry group Propertymark, which wants an urgent review of landlord taxation. <figure id="" class="w-richtext-figure-type- " data-rt-type="" data-rt-align="

London rents jump 20% as listings hit four-year low

London rents jump 20% as listings hit four-year low

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London rents surged 20% in 2022; December's average weekly rent hit £551, with 18 renters competing per property, reports Foxtons.

Legal notes: serving notice when there is no current gas safety certificate

Legal notes: serving notice when there is no current gas safety certificate

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When a tenant refuses the Gas Safe engineer access to a property to carry out gas safety checks the landlord is presented with a really difficult problem. Tenants denying access for things like safety checks, repairs and maintenance or regular inspections is not unheard off, in

LATEST: Big city to go live with controversial selective licensing plan

LATEST: Big city to go live with controversial selective licensing plan

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Nottingham councillors have agreed to ask the government to approve the citys new selective licensing scheme. Proposals for its second scheme will cover a slightly smaller area in the city than the current scheme, but would include some new areas such as parts of Broxtowe and

LICENSING: Landlord fails to appeal �2,500 fine for unlicenced HMO

LICENSING: Landlord fails to appeal �2,500 fine for unlicenced HMO

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A Haringey landlord has failed in his attempt to have a �2,500 fine thrown out by a First Tier Property Tribunal . The landlord, who the council won't name, was fined by Haringey private sector housing team for letting an unlicensed three-storey HMO in Hor

Think British evictions are a pain? Then try it in Germany warn landlord duo

Think British evictions are a pain? Then try it in Germany warn landlord duo

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German landlords have plenty in common with their British counterparts but must also contend with even longer legal battles, according to one young couple whove had to evict problem tenants. Sascha and Angelika Rothe live in southern Germany where an eviction action can take

Tenants' bad habits must be challenged over mould, says landlord

Tenants' bad habits must be challenged over mould, says landlord

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Landlords should challenge tenants about their bad habits which lead to condensation mould or risk resulting health problems and higher maintenance bills, it has been claimed. One large-scale portfolio landlord with properties nationwide - known as the Secret Landlord - says tha

Next 2 years are the best time to buy rental properties, according to the experts

Next 2 years are the best time to buy rental properties, according to the experts

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Now is the time to buy rental properties. If youre a new landlord, an investor, or a landlord looking to expand their portfolio, these next two years may be crucial for you to earn the highest return on investment. It might seem contradictory following the downsizing of many

New platform launches offering better work/life balance for HMO landlords

New platform launches offering better work/life balance for HMO landlords

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A new property platform aims to take the strain from HMO landlords dealing with multiple tenant enquiries and help them to prevent voids. Intense competition in the market means operators can spend up to three hours a day responding to prospective tenants, sifting through hundre

BLOG: Why the fashion for 'landlord bashing' is incredibly ironic

BLOG: Why the fashion for 'landlord bashing' is incredibly ironic

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Landlord bashing isnt a new sport. Its been around since as long as anyone remembers and truthfully, no matter how sacred the PRS becomes, its always going to be a thing. Tenants defaulting on arrears will always look at an eviction notice with a level of intended cruel

The Conservative's home owning democracy is shot through with failure

The Conservative's home owning democracy is shot through with failure

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After 13 or so years of Conservative rule the Conservative promise of a stable home owning democracy has failed to materialise. They have got themselves into a bind over housing. Potential home buyers find it impossible to afford a deposit as well as pay interest rates that are

SHOUT OUT: Landlords with rent-to-rent experience to help in landmark case

SHOUT OUT: Landlords with rent-to-rent experience to help in landmark case

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The National Residential Landlords Association (NRLA ) wants to hear from landlords who have let property on a rent-to-rent basis so it can contribute to a high-profile case at the Supreme Court. It believes the outcome of the upcoming Rakusen v Jepsen appe

Rogue letting agent jailed after ripping off landlords in shocking case

Rogue letting agent jailed after ripping off landlords in shocking case

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A letting agency boss in the West Midlands has been jailed for two years and four months after ripping off landlords and tenants who used his firm. Bhavander Singh Sanghera , of Jesson Road, Walsall ran EBS Properties Ltd trading as Martin &amp; Co Wolverha

NEW: Huge reform of estate agency firms STILL being considered four years on

NEW: Huge reform of estate agency firms STILL being considered four years on

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The government has confirmed it is still deliberating whether to bring in property agency qualifications and minimum standards in the sector, almost four years after the Regulation of Property Agents (RoPA) published its recommendations. RoPAs report outlined proposals back i

LATEST: Ministers say new PRS Ombudsman must tackle mould complaints

LATEST: Ministers say new PRS Ombudsman must tackle mould complaints

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The Government has announced plans to tackle mould within the private and social housing sectors through updated guidance and iniatives. Announced late on Friday before a midnight deadline set by the Coroner during the inquest looking into the death of toddler Awaab Ishak, the i

Room for optimism in rental market despite agents' gloomy forecast

Room for optimism in rental market despite agents' gloomy forecast

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The majority of letting agents expect to see more landlords leave the market in 2023, against a backdrop of rising arrears and falling https://www.landlordzone.co.uk/news/december-dip-makes-small-dent-in-rising-house-prices/" house prices . Goodlord reveals tha

Government urged to ban sale of gas boilers within a decade

Government urged to ban sale of gas boilers within a decade

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New and replacement gas boilers should be banned by 2033, two years earlier than current plans, according to the governments net zero tsar. Conservative MP Chris Skidmore believes it should make the decision to decarbonise homes by next year to help the country meet its clima

Alarm as Scottish ministers look to extend rent controls

Alarm as Scottish ministers look to extend rent controls

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The Scottish government has admitted it is considering long-term proposals for rent control after the https://www.landlordzone.co.uk/news/leading-letting-agent-slams-chaotic-rent-freeze-announcement-in-scotland/" Cost of Living Act has expired. Minister for Te