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HMRC warns holiday let owners about their tax obligations

HMRC warns holiday let owners about their tax obligations

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HMRC warns that owners must accurately declare these earnings on their self assessment tax returns or face criminal charges if in default. A boom in bookings The Covid pandemic has stored up excess demand for stay at home Britains under the foreign holiday restrictio

LATEST: Scots landlords face new EPC rules but up to �15,000 to pay for upgrades

LATEST: Scots landlords face new EPC rules but up to �15,000 to pay for upgrades

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Scottish landlords have until 2028 to meet energy efficiency standards but can access interest-free loans of up to �15,000 to help them spread the cost. The Scottish government has published its Heat In Building Strategy setting out that, by 2030, greenhouse gas emissions from

Sir Philip Green and his wife bought-up high-end London property as their retail empire was collapsing

Sir Philip Green and his wife bought-up high-end London property as their retail empire was collapsing

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The so called Pandora Papers is a financial services leak of nearly 12 million documents that reveal an international treasure trove of hidden wealth, tax avoidance and money laundering, by some of the world's richest individuals. The secret files were unearthed by a Washington

Nationwide launches platform to help landlords manage their properties and finances

Nationwide launches platform to help landlords manage their properties and finances

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High Street lender the Nationwide has launched a platform that will be first of its kind created for landlords by a major financial institution. Called The Landlord Works, it has been developed by a team headed up by Paul Wooton (main picture) who, after leaving its mortgage bro

UK's most expensive HMO licensing scheme to launch in London

UK's most expensive HMO licensing scheme to launch in London

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Lambeth to launch UK's most expensive HMO scheme, charging landlords £289 per bedroom under new five-year additional licensing rules.

Test case: Servicing a section 21 notice and prescribed information

Test case: Servicing a section 21 notice and prescribed information

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The Section 21 possession procedure (currently under threat of being removed) is a no fault eviction process where the landlord can serve notice on a tenant to regain possession once the initial minimum 6 months or contracted fixed term has ended. A section 21 notice is for 2

LATEST: Pet-owning resident in legal clash with freeholder over 'permission'

LATEST: Pet-owning resident in legal clash with freeholder over 'permission'

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A dog-owning tenant has launched a legal challenge against her freeholder which could result in parting with her pets or the leasehold. The womans partner moved into her property five years ago with three small dogs and admitted this to the freeholder. It then sent her a

PetScore referencing service for landlords officially launches

PetScore referencing service for landlords officially launches

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A tech professional who is also a landlord has launched what she believes to be the ideal solution to the impasse between landlords who won’t take tenants with pets, and the estimated 7.6 million tenants in the UK who want to live with their cats or dogs.

Throuple trouble? Modern relationships making HMO compliance tricky, warns top lawyer

Throuple trouble? Modern relationships making HMO compliance tricky, warns top lawyer

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Landlords and agents must make sure they dont come a cropper deciding what constitutes a single household when vetting HMO tenants in an age of polyamorous relationships, warns a top property lawyer. While the legal definition of a household can be explained quickly, re

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'Blue-rinse' seaside resort seeks to restrict number of HMOs

'Blue-rinse' seaside resort seeks to restrict number of HMOs

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The borough council’s planning committee will vote on whether to introduce an Article 4 direction next week.

Council secures criminal conviction for landlord over unlicensed HMO

Council secures criminal conviction for landlord over unlicensed HMO

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A West Sussex landlord has been prevented from letting out HMOs after he admitted operating an unlicensed property.

Landlords WILL be allowed to raise rents to pay for EPC upgrades

Landlords WILL be allowed to raise rents to pay for EPC upgrades

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Despite Energy Secretary Ed Miliband’s insistence that rents hadn’t increased when standards were raised during previous initiatives, Justice Minister Sarah Sackman has now said there are grounds for “higher market rents”.

Landlord £10,000 out of pocket as DWP rules complicated payments

Landlord £10,000 out of pocket as DWP rules complicated payments

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A tenant has built up more than £10,000 in rent arrears after the Department of Work and Pensions (DWP) refused to accept her landlord’s word that the rent had increased.

Number of planning permissions for HMOs declines across UK

Number of planning permissions for HMOs declines across UK

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Report from digital planning portal suggests public fight-back against HMOs and higher taxes for landlords are beginning to bite.

US activist urges British tenants to withhold rents and resist 'despotic landlords'

US activist urges British tenants to withhold rents and resist 'despotic landlords'

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Radical renting campaigners have written a new book that aims to inspire the end of UK landlords’ “despotic control” over tenants.

Famous seaside town plans enlarged £784 landlord licensing scheme

Famous seaside town plans enlarged £784 landlord licensing scheme

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The Norfolk seaside town of Great Yarmouth has revealed plans to introduce a five-year selective licensing scheme for rented properties in three key wards.

Landlord jailed after stealing from lettings agency

Landlord jailed after stealing from lettings agency

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A landlord who worked as an estate agent assistant has been jailed for stealing more than £167,000 from her employer, it has been reported.

Bailiffs urge frustrated landlords to take eviction survey

Bailiffs urge frustrated landlords to take eviction survey

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Landlords have been urged to share their experiences of being hit by County Court delays when evicting tenants.

Build-to-rent growth falters as economic downturn and labour shortages bite

Build-to-rent growth falters as economic downturn and labour shortages bite

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Economic headwinds facing the construction industry put the brakes on the build-to-rent sector last year. Build cost inflation and labour shortages meant that it only grew by 14% in 2022 adding up to 242,548 homes in planning, under construction or completed - compared to a

NEW: Big South East council clamps down on smaller HMOs

NEW: Big South East council clamps down on smaller HMOs

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Arun Council introduces Article 4 direction in Marine, Hotham, River wards, requiring planning permission for small HMOs to maintain housing quality.

Landlords warned of rogue plumber in NW England

Landlords warned of rogue plumber in NW England

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A leading ethical repair firm has shamed a rogue plumber who charged an 85-year-old woman £1,500 to repair a water pipe.

House price falls create opportunities for landlord investors

House price falls create opportunities for landlord investors

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Falling house prices and rising mortgage rates, coupled with a cost of living crisis, which inevitably results in higher incidences of rental arrears, are scaring off potential new investors in buy-to-let. But new investments in the right locations could be an astute move for ne

Generation Rent activist now working for DLUHC as PRS advisor

Generation Rent activist now working for DLUHC as PRS advisor

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A former Generation Rent campaigner is now working as an advisor shaping private rented sector policy at the Department for Levelling Up, Housing and Communities. Caitlin Wilkinson - policy advisor for the private rented sector - was policy and public affairs manager at the camp

BREAKING: Housing minister lasts just FOUR months after Rishi's reshuffle move

BREAKING: Housing minister lasts just FOUR months after Rishi's reshuffle move

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Landlords and the wider rented sector face more uncertainty after it was announced this morning that housing minister Lucy Frazer, who has only been in post since October last year, is to become secretary of state at the new department of Culture, Media and Sport. In private at

'Tories are trying to blame landlords for PRS mess of their own making'

'Tories are trying to blame landlords for PRS mess of their own making'

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The Tories should take the blame for the landlord exodus and crisis-hit private rental sector, according to one leading investment guru. Financial columnist and author Matthew Lynn says that for the last decade, the party has been in an all-out war against buy-to-let landlords,

Repeat rogue 'luxury' landlord firm fined £30,000 for licencing breaches

Repeat rogue 'luxury' landlord firm fined £30,000 for licencing breaches

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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

Landlords ARE quitting rented sector says Bank of England

Landlords ARE quitting rented sector says Bank of England

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Bank of England warns landlord exodus from rental sector as taxes and policies drive investors away, worsening housing supply crisis.

Future of private rented sector will be the '15-minute' home say experts

Future of private rented sector will be the '15-minute' home say experts

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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

NRLA calls on Government to review landlord taxes to stop 'supply crisis'

NRLA calls on Government to review landlord taxes to stop 'supply crisis'

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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

'Discriminatory' HMO licensing scheme rules slammed by landlords

'Discriminatory' HMO licensing scheme rules slammed by landlords

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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

Damp and mould investigation reveals 1000s of homes affected

Damp and mould investigation reveals 1000s of homes affected

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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

Up for a fight? Fundraiser seeks property people to step into the ring

Up for a fight? Fundraiser seeks property people to step into the ring

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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

MORTGAGE SHOCK: Bank of England hikes base rate by 0.5% to 4%

MORTGAGE SHOCK: Bank of England hikes base rate by 0.5% to 4%

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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

Councils' frosty reception for HMOs sees number decline in key regions

Councils' frosty reception for HMOs sees number decline in key regions

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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

EXCLUSIVE: Online boss talks candidly about landlords' reluctance to 'go digital'

EXCLUSIVE: Online boss talks candidly about landlords' reluctance to 'go digital'

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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

MARKET: Average house price down 3.2% since August 2022

MARKET: Average house price down 3.2% since August 2022

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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

Making Tax Digital for Income Tax on hold, again!

Making Tax Digital for Income Tax on hold, again!

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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

Looming Vic & Bob movie to portray landlords as 'obnoxious'

Looming Vic & Bob movie to portray landlords as 'obnoxious'

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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

Landlord to pay tenants �10,000 after losing RRO legal appeal

Landlord to pay tenants �10,000 after losing RRO legal appeal

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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

Landlords are taking action as tax bills and refurb costs rise above rent yields

Landlords are taking action as tax bills and refurb costs rise above rent yields

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Rising number of tenants forced to leave Scottish private rental sector

Rising number of tenants forced to leave Scottish private rental sector

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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.

Private rented sector is not 'broken' as campaigners claim, says new report

Private rented sector is not 'broken' as campaigners claim, says new report

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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

Podcast: Should landlords invest or divest?

Podcast: Should landlords invest or divest?

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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