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Quitting landlords could fuel further drop in house prices

Quitting landlords could fuel further drop in house prices

News

Buy-to-let landlords will influence https://www.landlordzone.co.uk/sponsored/what-do-the-falling-house-prices-mean-for-landlords/" house prices if a large number choose to sell up, according to rating agency Moodys. The firm is predicting that prices will f

Holiday home owners top the rental income chart

Holiday home owners top the rental income chart

News

The average annual https://www.landlordzone.co.uk/news/battle-over-holiday-lets-hots-up-as-campaigning-mp-holds-meeting/" holiday let income exceeded buy-to-let income for the first time in 2020-21, reaching �15,600 compared with �13,400, according to HMRC.

Edinburgh Council forced to go back to drawing board over licensing

Edinburgh Council forced to go back to drawing board over licensing

News

Short-term let landlords in https://www.landlordzone.co.uk/news/edinburgh-chief-admits-burdensome-licencing-plan-will-hugely-reduce-holiday-lets/" Edinburgh have won their legal case against the councils licensing scheme. In the biggest crowdfunded case in

Surveyors report surge in landlords selling up across UK

Surveyors report surge in landlords selling up across UK

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Almost two-thirds of surveyors have witnessed rising numbers of buy-to-let landlords looking to sell their properties. The https://www.rics.org/" Royal Institute of Chartered Surveyors (RICS) reports that a similar number have seen a drop in the level of inter

Parliamentary petition launches to save Assured Shorthold Tenancies

Parliamentary petition launches to save Assured Shorthold Tenancies

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A new Parliamentary petition has been set up urging the government to ditch plans to remove assured shorthold tenancies. The LandlordZONE reader, who has a portfolio of properties in Yorkshire and Lancashire, was prompted to take action as he fears it could be the final nail in

PROBE: Will new pets rules in reform bill apply to existing or only new tenancies?

PROBE: Will new pets rules in reform bill apply to existing or only new tenancies?

News

Confusion surrounds the governments plans to introduce https://www.landlordzone.co.uk/news/blog-will-the-looming-pets-in-lets-rules-prove-pervasive/" pets in lets measures, with conflicting messages coming from the DLUHC. It has confirmed that the new

TOM'S GUIDES: Increasing the rent ' how do I go about it?

TOM'S GUIDES: Increasing the rent ' how do I go about it?

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With increasing costs, inflation hovering around the 10 per cent mark and mortgage rates approaching 6 per cent theres lots of talk about increasing rents. Many landlords are unable to absorb these extra costs without going into losses, so for them theres little choice, th

Landlords with 20 properties or more are choosing to sell with these portfolio exit specialists

Landlords with 20 properties or more are choosing to sell with these portfolio exit specialists

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This year our economy, regulations and taxes were the final straw that led landlords rushing to sell off their portfolios to beat the market drops, mortgage versus rent gaps a

What do the falling house prices mean for landlords?

What do the falling house prices mean for landlords?

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May has brought more bad news for some landlords with the Nationwide Building Society reporting a 3.4% drop in house prices in the year to May 23 and interest rates that are expected to rise to 5.5.% later this year.

NEW: 'Landlords who make sex for rent demands should be banned for life'

NEW: 'Landlords who make sex for rent demands should be banned for life'

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Estate agents have called for landlords who advertise sex for rent to be banned from the PRS for life. In its response to the governments https://www.gov.uk/government/consultations/exchange-of-sexual-relations-for-accommodation-sex-for-rent#:~:text=The%20consultatio

LATEST: London borough gives green light to big new HMO licencing scheme

LATEST: London borough gives green light to big new HMO licencing scheme

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Redbridge Council in North London has given the go-ahead for a new borough-wide additional HMO licensing scheme. The scheme extends licensing to all HMOs with three or more tenants forming two or more households after the authoritys consultation disco

COMMENT: Why are property values going down for the first time in ten years?

COMMENT: Why are property values going down for the first time in ten years?

News

The Halifax revealed today that house prices have fallen on an annual basis for the first time since December 2012, by 1%. This means the average house value has declined by �132 which may not sound a lot but represents a seismic change after years of ultra-low interest rates p

NEW: Property educators urged to join reform group's first national summit

NEW: Property educators urged to join reform group's first national summit

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Property educators are being urged to collaborate, learn, and shape the future of property education at The Property Investors Bureau Property Educators Summit. The invitation-only industry event aims to improve standards, foster collaboration, and add value to their business by

NEW: London's bailiff service problems spreading to other areas of UK says expert

NEW: London's bailiff service problems spreading to other areas of UK says expert

News

Following our storyhttps://www.landlordzone.co.uk/news/breaking-evictions-grind-to-a-halt-as-bailiffs-reduce-workload-over-health-and-safety/" https://www.landlordzone.co.uk/news/breaking-evictions-grind-to-a-halt-as-bailiffs-reduce-workload-over-health-and-safe

Concerns over loan defaults as office and retail tenants fail to renew leases

Concerns over loan defaults as office and retail tenants fail to renew leases

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Persistent home working is affecting office occupancy rates and is leading commercial tenants to fail to renew their office leases. Ghost city streets have emerged post pandemic as occupancy rates hit a new low. In the UK it has been reported that these office space rates could

BLOG: Ministers MUST reconsider periodic tenancy plans for students

BLOG: Ministers MUST reconsider periodic tenancy plans for students

News

Last year saw worrying housing shortages in a number of university cities in the UK. In Leeds we were turning away larger than usual numbers of students at the back end of the summer as there were simply no rooms available. Even before the proposed changes under thehttp

BREAKING: Welsh Government is 'looking at rent control options'

BREAKING: Welsh Government is 'looking at rent control options'

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The Welsh Government has launched a consultation on fair rents and adequate housing within which housing minister Julie James (main picture) reveals she is considering rent controls. The https://www.gov.wales/sites/default/files/consultations/2023-06/housing-adequ

Airbnb to give rental income data to HMRC, short lets landlords warned

Airbnb to give rental income data to HMRC, short lets landlords warned

News

Airbnb is to share data with the taxman on its hosts earnings going as far back as the 2017-18 financial year, a new warning on its website reveals. The information will help HMRC identify those making money from letting their properties without declaring it, who then face cr

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BREAKING: Evidence heard in final day of landmark rent-to-rent court case

BREAKING: Evidence heard in final day of landmark rent-to-rent court case

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The Supreme Court is debating a key legal case around rent-to-rent operators today to decide if the superior landlord, or any landlord in the chain, should be responsible for a rent repayment order. <figure id="" class="w-richtext-figure-type- " data-rt-type="" data-rt-align=""><div><img

Barclays to stop telling tenants credit card debt 'helps them pass referencing'

Barclays to stop telling tenants credit card debt 'helps them pass referencing'

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Barclays has been rapped on the knuckles for a radio advert that urged tenants to rack up credit card debt and increase their credit score to help them rent a flat. The adverts voiceover explained: Using my Barclaycard Forward credit card to pay for the stuff I need now co

Shamplina webinar reveals biggest issues vexing landlords right now

Shamplina webinar reveals biggest issues vexing landlords right now

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The most pressing questions on LandlordZONE readers minds were revealed during a recent webinar hosted by Chief Commercial Officer of the HFIS group, Paul Shamplina (main pic). He joined forces with industry figure David Coughlin

Tenancy reform could cut student housing supply

Tenancy reform could cut student housing supply

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Minister warned that tenancy reforms may reduce student housing supply, urging exemption to protect access to higher education.

BTL lender reveals unusual EPC-linked mortgage deal just for expats

BTL lender reveals unusual EPC-linked mortgage deal just for expats

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Suffolk Building Society has launched a new mortgage aimed at expat landlords with properties that boast a high EPC rating. Its five-year fixed expat buy-to-let product for properties with an Energy Performance Certificate rating of A to C is available on

NEW: Activists urge landlords and agents to stop property 'bidding wars'

NEW: Activists urge landlords and agents to stop property 'bidding wars'

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Tenants union Acorn has pledged to continue targeting letting agents in the city until they stop encouraging 'bidding wars' to help landlords achieve higher rents. Members launched a noisy protest outside a number of branches; some agents which had started talks with Acorn ab

TAX: Raise stamp duty for landlords urges leading Tory MP

TAX: Raise stamp duty for landlords urges leading Tory MP

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Leading Tory MP Anthony Browne (main pic) has urged the government to ditch stamp duty for home buyers but increase the tax rate for investors. The chair of the 1922 Backbench Treasury Committee says people buying homes to live in are over-taxed while those buying properties for

RENT RISE: Landlord pushes back against tenant's public complaint

RENT RISE: Landlord pushes back against tenant's public complaint

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A landlord has spoken out to defend a substantial rent increase after its tenant complained about his eviction to the local newspaper. Richard Symonds told https://www.sussexexpress.co.uk/" target="_blank" Sussex World tha

Opinion: dealing with the thorny issue of damp and mould

Opinion: dealing with the thorny issue of damp and mould

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Damp and mould has always been a very difficult issue to deal with for landlords, but the recent case of Awaab Ishak and the rapid and direct involvement of Government has really brought matters to a head. The death of a Rochdale social housing tenants son, Awaab Ishak, has l

OPINION: It's time Facebook took action to stop rent scams on Marketplace

OPINION: It's time Facebook took action to stop rent scams on Marketplace

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Facebook is facing mounting calls to more effectively police its Marketplace classified listings platform after numerous investigations by national media outlets. The most recent was last night (23rd February)https://www.itv.com/news/channel/2023-02-23/prolific-scammer-

LAW: Landords who illegally evicted tenants landed with �22,300 rent repayment order

LAW: Landords who illegally evicted tenants landed with �22,300 rent repayment order

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A landlord pair who assaulted one of their tenants while trying to illegally evict her from their unlicensed HMO have been handed a rent repayment order totalling more than �22,300. Guangyu Chen and Xing Guo argued that their poor English and understanding of the PRS was an exc

EXCLUSIVE: 'End of an era' for Shamplina as he steps back from popular TV show

EXCLUSIVE: 'End of an era' for Shamplina as he steps back from popular TV show

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Evictions expert Paul Shamplina has revealed that hes stepping back from his long-running role in TV series Nightmare Tenants, Slum Landlords. <figure id="" class="w-richtext-figure-type- " data-rt-type="" data-rt-align=""><div><img src="https://cdn.prod.website-files.com/

York landlord group says 'collaboration not conflict way forward on HMO licencing'

York landlord group says 'collaboration not conflict way forward on HMO licencing'

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Yorks Residential Landlords Association (York RLA) wants to clarify why it decided not to proceed with further legal action over the city councils proposals to bring in an Additional Licencing scheme for HMOs. Both local media and LandlordZONE recently reported that it had

NEW: Unions and campaigners call on Michael Gove to 'freeze' rents

NEW: Unions and campaigners call on Michael Gove to 'freeze' rents

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Council leaders, unions and renters groups have urged Housing Secretary Michael Gove to bring in an immediate rent freeze in a bid to prevent widespread homelessness. In an open letter, the 34 groups and individuals including London Renters Union, mayor of London Sadiq Kh

Landlord wins reprieve from huge RRO claiming 'technical issues' at council website

Landlord wins reprieve from huge RRO claiming 'technical issues' at council website

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A disgruntled landlord has convinced a judge to have his rent repayment order case re-heard after arguing that council systems hindered his ability to apply for an HMO licence during the pandemic. Paul Fashade was told to pay three tenants a total of �11,

'Exploitative' landlords should be taxed harder says Joseph Rowntree Foundation

'Exploitative' landlords should be taxed harder says Joseph Rowntree Foundation

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The government should raise the stamp duty surcharge on BTL purchases to favour those buying their own home, according to a new report from Joseph Rowntree Foundation (JRF). The social change group believes the surcharge should at least double to effectively disincentivise specu

NEW: Citizens Advice says Awaab's Law must be extended to PRS

NEW: Citizens Advice says Awaab's Law must be extended to PRS

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Citizens Advice has urged the government to extend Awaabs law to the PRS to help the estimated 1.6 million children living in damp, mouldy or excessively cold privately rented homes. Awaab Ishtak died aged just two years old after living in a mouldy and

Landlords leaving the sector 'not as bad as claimed' says leading estate agent

Landlords leaving the sector 'not as bad as claimed' says leading estate agent

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A new survey has downplayed the scale of landlords ready to quit the sector due to heavy-handed government regulations and upcoming legislation. Leaders Romans Groups poll of 271 landlords found that only 7% plan to sell up in the next year while 12% aim to reduce their portf

Council green lights more HMO licencing despite proof on higher rents

Council green lights more HMO licencing despite proof on higher rents

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Nottingham councillors have voted through a contentious additional HMO licensing scheme. The current scheme, covering central areas of the city, will soon come to an end and the council plans to introduce a new citywide scheme in January 2024. It says this would pre

Boiler Upgrade Scheme has been a flop, Lords climate committee warns

Boiler Upgrade Scheme has been a flop, Lords climate committee warns

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Peers have slammed the governments Boiler Upgrade Scheme for attracting a disappointingly low� take-up of grants. Launched in https://www.landlordzone.co.uk/news/latest-official-boiler-upgrade-scheme-launches-today-but-is-it-enough/" target="_blank" <stron

SCAM alert: Landlord and agent pics being used to lure rental ripoff victims

SCAM alert: Landlord and agent pics being used to lure rental ripoff victims

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A BBC investigation has uncovered a new property rental scam that uses Facebook Marketplace and then fake accommodation booking sites to lure in unsuspecting tenants. Called an advance rent payment scam, a technique that has been around for many years, this version of it is more

Opinion: Should 'Awaab's law' be applied to private rented sector?

Opinion: Should 'Awaab's law' be applied to private rented sector?

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The Government has now committed to delivering Awaabs Law in a new amendment to the Social Housing Regulation Bill. But does the Government intend to place the same onus on private landlords, and is this law totally fair? I cant help feeling perplexed as

LATEST: Bradford leads the way as rental yields rise across the UK

LATEST: Bradford leads the way as rental yields rise across the UK

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Landlords in Bradford and Leeds are enjoying the UKs best rental yields, with those in Exeter seeing the largest annual growth last year. Yields have increased by as much as 2.5% in the past 12 months, according to Sirius Property Finance, which reports that as rent values ou

Licensing schemes punishing good landlords with red tape

Licensing schemes punishing good landlords with red tape

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Propertymark criticises licensing schemes for punishing compliant landlords with delays, fees and red tape due to under-resourced councils. S

Property giants slam Government's lack of action on EPC upgrades

Property giants slam Government's lack of action on EPC upgrades

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An influential new report has slammed the Governments lack of progress on its much-heralded desire to see the property sector reach net zero by 2050. Published today jointly by the British Property Federation and property giant JLL, the report is critical of Government

NEW: Consultation launched on how to stop unfair council tax re-banding of HMOs

NEW: Consultation launched on how to stop unfair council tax re-banding of HMOs

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The Government has launched its https://www.landlordzone.co.uk/news/latest-council-tax-crisis-for-hmo-tenants-averted-after-commons-statement/" target="_blank" promised consultation on its plans to reform the way HMO properties are valued for counci

Estate agency fined �35,000 for failing to licence three properties

Estate agency fined �35,000 for failing to licence three properties

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It's not just landlords who can be fined heavily - an estate agency now faces paying a �35,000 penalty for failing to licence three properties in the town of Edmonton in London. Enfield Councils licensing and enforcement work officers investigated Green House Estate Agents L

BLOG: Will Section 8 eviction grounds be enough when Section 21 goes?

BLOG: Will Section 8 eviction grounds be enough when Section 21 goes?

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With the likelihood of Section 21 evictions being abolished all eyes are on the 17 grounds for possession under the existing Section 8 procedure. In the near future these are to be the main tools landlords will use to evict tenants who dont pay the rent. As it cur

Attention all landlords! Are you tired of managing rental properties and dealing with the hassles that come with it?

Attention all landlords! Are you tired of managing rental properties and dealing with the hassles that come with it?

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Looking to buy properties off exiting landlords? New platform launches

Looking to buy properties off exiting landlords? New platform launches

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A new property platform aims to help private landlords target buy-to-lets and find potential HMOs. Propalt contains details of more than 250,000 landlords so that investors can connect directly, as well as the details of two million properties. Available information

HMO licencing to be expanded in York despite efforts to challenge scheme

HMO licencing to be expanded in York despite efforts to challenge scheme

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Small HMO landlords in York will need an additional licence in eight of the citys wards from 1st April after the council gave a new scheme the go-ahead. <figure id="" class="w-richtext-figure-type- " data-rt-type="" data-rt-align=""><div><img src="https://uploads-ssl.

Landlords prepare to do battle over city's proposed HMO licencing extension

Landlords prepare to do battle over city's proposed HMO licencing extension

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Landlords in Nottingham are preparing to fight an extension of the citys https://www.nottinghamcity.gov.uk/additionalhmo" target="_blank" additional licensing scheme , weeks after the council was warned that a second selective licensing scheme wou

Landlords hope Sturgeon exit will soften SNP's anti-landlord approach

Landlords hope Sturgeon exit will soften SNP's anti-landlord approach

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Scottish landlords hope that Nicola Sturgeons resignation may lead to a less aggressive approach towards the buy-to-let sector. The SNP leader has presided over a range of anti-landlord legislation since becoming first minister in 2014, including the recent rent and eviction

WARNING: Judge tells landlord ignorance is no defence against fine

WARNING: Judge tells landlord ignorance is no defence against fine

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A landlord has lost his appeal against a fine for renting out unlicensed properties after arguing that the sellers solicitor had failed to tell him about a selective licensing scheme. City Estate Holdings bought two houses in Westbourne Avenue, Gateshead, at auction in April