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Landlord pays �40,000 fine after large HMO 'put tenants at risk'

Landlord pays �40,000 fine after large HMO 'put tenants at risk'

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A landlord in Norfolk has payed fines totalling �40,000 after he was found to have housed tenants in a way that put tenants at risk. Issues were reported at the Watton property (pictured) to Breckland Council last year, which prompted an inspection by officers who found a block

BREAKING: Landlords face higher mortgage costs as base rate rises by 0.5%

BREAKING: Landlords face higher mortgage costs as base rate rises by 0.5%

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The Bank of England has this lunchtime raised its base rate by 0.5% as the venerable institution fights to bring down inflation, which yesterday was revealed to be sticking stubbornly at 8.7%, way above the bank's target of 2%. Commentators and mortgage holders alike had hoped t

Welsh minister backs review of existing higher stamp duty rates for landlords

Welsh minister backs review of existing higher stamp duty rates for landlords

News

Welsh Minister for Climate Change Julie James has backed the NRLAs call for a review of property taxation in the PRS. Speaking at thehttps://www.landlordzone.co.uk/news/breaking-landlords-tell-housing-minister-face-to-face-that-sector-needs-support/" <strong i

Treasury chief says landlords and homeowners 'will not get mortgage help'

Treasury chief says landlords and homeowners 'will not get mortgage help'

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The Treasury has confirmed that it will not introduce tax relief on mortgage interest payments for either homeowners or landlords despite the ongoing mortgage cost crisis. As we https://www.landlordzone.co.uk/news/mortgages-landlord-tells-bbc-how-payments-have-tripled-o

New report hails growth of institutional build-to-rent

New report hails growth of institutional build-to-rent

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JLL's latest report highlights the rapid growth of institutional Build-to-Rent (BTR) in the UK, with over 82,000 homes completed and rising demand.

BE WARNED: Why keeping records is so important for landlords

BE WARNED: Why keeping records is so important for landlords

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Suzy Hershman (main picture), Resolution Department Lead at HFIS, examines a shocking case her team dealt with recently and highlights what landlords can learn from it . The case</h4>A landlord with a four-bedroom property i

Famous landlord to pay �166,000 legal costs after losing court claim

Famous landlord to pay �166,000 legal costs after losing court claim

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Multi-millionaire landlord Judith Wilson (main picture, inset) has been hit with a �166,000 court bill after losing a legal battle against Tonbridge and Malling Borough Council. Wilson, wife of the controversial Fergus, who was once dubbed Britains

VIDEO: 'Best landlord in UK' gives unusual advice to other investors about profits

VIDEO: 'Best landlord in UK' gives unusual advice to other investors about profits

News

Treat tenants like customers and stop thinking about profit if you want to make a success of property investing - thats the advice of lettings and landlord professional Tom Soane, who boasts that its made him the 'best landlord in the UK'. Your property is a product, te

Landlords across UK given more time to find out about licencing launches

Landlords across UK given more time to find out about licencing launches

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Councils have been given three months longer to launch selective licencing schemes, new Government guidance has revealed. An update to the Department of Levelling Up, Housing and Communities advice to local authorities considering or planning a selective licencing scheme has

NEW: Former rental properties now account for 11% of homes for sale

NEW: Former rental properties now account for 11% of homes for sale

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More than 1 in 10 (11%) homes for sale on Zoopla are former rental properties after private landlords faced with tax changes and higher borrowing costs have rationalised their portfolios or quit the market. Before the pandemic, half of these homes for sale returned to th

MORTGAGES: Worried landlord tells BBC how his payments have tripled

MORTGAGES: Worried landlord tells BBC how his payments have tripled

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Paul Bradley, a landlord with a single rental property in North London, has told the BBC how the ongoing mortgage crisis has seen his monthly interest-only loan payments triple over the past 12 months. His case illustrates vividly the significant challenges that the approximatel

Tenant Referencing Failures Surge Amid Cost-of-Living Crisis

Tenant Referencing Failures Surge Amid Cost-of-Living Crisis

News

Rising cost of living causes tenant referencing pass rates to drop from 35% to 25%, increasing rental risk for landlords, reports Housing Hand.

Powerless councils could make or break reforms, says Labour MP

Powerless councils could make or break reforms, says Labour MP

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A Labour MP has called on the government to extend notice periods from two to four months to prevent landlords from unjustly evicting tenants. <figure id="" class="w-richtext-figure-type- " data-rt-type="" data-rt-align=""><div><img src="https://cdn.prod.website-files.com/63bef2f3c329eff8e3

Licencing scheme off to weak start after only a third of landlords register

Licencing scheme off to weak start after only a third of landlords register

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Only one-third of Oxfords private rental properties have been registered for its city-wide selective licensing scheme and could soon face steeper fees or a hefty fine. The scheme, which launched last September, has received more than 10,500 licence applications from the 3

Landlord pleads with council to consider HMO tenants as housing shortages bite

Landlord pleads with council to consider HMO tenants as housing shortages bite

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An https://www.landlordzone.co.uk/news/braverman-under-pressure-to-reverse-outrageous-new-hmo-rules-for-asylum-seekers/" HMO landlord says desperate new tenants are moving in hours after the previous tenants leave due to a dearth of available properties. In he

'Despicable fraudster' gets eight-year ban for stealing landlords' deposits and rent

'Despicable fraudster' gets eight-year ban for stealing landlords' deposits and rent

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A letting agent who ripped off dozens of landlord clients has been banned from being a company director for eight years. https://www.landlordzone.co.uk/news/letting-agent-who-stole-80000-from-dozens-of-landlords-admits-fraud/" Frank Smart , 46, the owner of Sma

Landlords encouraged to sell this month as property prices rise by 0.2%

Landlords encouraged to sell this month as property prices rise by 0.2%

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In a market where interest rates are sky high, tax bills are extortionate and mortgage payments are higher than rents, coupled with a backlog of refurb costs and difficult tenant situations, landlords are rushing to cash in and sell their property portfolios. If you were a landl

REFORM: 'We need legislation that works with landlords, not against them'

REFORM: 'We need legislation that works with landlords, not against them'

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With one in five households now renting, the private rented sector is an essential part of the housing market. As the government has reduced its housebuilding strategy for all local authorities from mandatory to advisory, with some councils scrapping targets all together, the ho

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Big Issue founder: Ministers must help landlords to prevent evictions

Big Issue founder: Ministers must help landlords to prevent evictions

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Big Issue founder John Bird has called on the government to help landlords prevent rent rises. The magazines editor-in-chief - a crossbench peer in the House of Lords - says it needs to stop households who cannot pay their rent from being evicted, warning of a surge in homele

Scotland replaces rent freeze with rent cap

Scotland replaces rent freeze with rent cap

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Scottish government replaces controversial rent freeze with 3–6% cap from April, after landlord backlash.

NEW: Serial NW rogue landlord banned from PRS for three years

NEW: Serial NW rogue landlord banned from PRS for three years

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A serial rogue landlord has become the first in the North West region to be served with a banning order after he failed to improve poor housing conditions in his unlicensed properties. Wirral Council had previously prosecuted Frank Morrow from New Brighton

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

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

Peterborough expands selective licensing after success of pilot

Peterborough expands selective licensing after success of pilot

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Peterborough's new selective licensing scheme requires landlords in designated areas to obtain a £908 licence, aiming to improve housing standards.

Capital gains for landlords as tenants flock back to London

Capital gains for landlords as tenants flock back to London

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Landlords with properties in central https://www.landlordzone.co.uk/news/rent-rises-hit-20-in-london-last-year-reports-leading-lettings-agency/" London saw the highest levels of tenant demand across England and Wales in the last quarter of 2022. After falling

NEW: Gove sets sights on scrapping leasehold ownership

NEW: Gove sets sights on scrapping leasehold ownership

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Housing Secretary Michael Gove has promised to scrap most leaseholds in England this year. The government will make it much easier for leaseholders in flats to take over their buildings and bring them into common ownership, avoiding high management fees and ground rents. <p

Labour pledges big review of private rented sector

Labour pledges big review of private rented sector

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Labour's Lisa Nandy pledges a comprehensive review of the private rented sector, aiming to empower tenants and introduce a new Renters' Charter.

EXCLUSIVE: Tom's Tips for landlords during 2023

EXCLUSIVE: Tom's Tips for landlords during 2023

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2023 is going to be a challenging year for landlords, so here are a few pointers from experienced landlord, Tom Entwistle, a residential and commercial landlord since the 1970s and founder of LandlordZONE . To read more analysis on what legal and financial

Investing in buy to let 2023 - The Property Cast, Total Landlord Insurance

Investing in buy to let 2023 - The Property Cast, Total Landlord Insurance

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In this episode of The Property Cast, Eddie and Paul are joined by Richard Donnell, Executive Director at Zoopla. Drawing on Zooplas latest data and Richards expertise, the trio explore the most important trends in the housing market, sharing their predictions for buy to let in 2023 a

CLAIM: 'Banning new HMOs makes student housing market worse'

CLAIM: 'Banning new HMOs makes student housing market worse'

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Students are finding it even harder to find accommodation following a four-year freeze on new HMOs in a leading university city, according to one councillor. The Scottish seaside town of St Andrews stopped approving licences for new HMOs in 2019 in a bid to relieve pressure on t

Rogue landlord's violent harassment of tenants revealed by Tribunal

Rogue landlord's violent harassment of tenants revealed by Tribunal

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A rogue landlord who repeatedly abused and intimidated tenants in his unlicenced HMO has been handed a �2,817 rent repayment order. Nasir Ahmed threatened tenants Ebenezer Hagan and Farhan Bashir , even turning

Positive thinking! Six reasons for landlords to feel optimistic about 2023

Positive thinking! Six reasons for landlords to feel optimistic about 2023

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https://www.belvoir.co.uk/?utm_source=LandlordZONE&utm_medium=article&utm_campaign=29_01" target="_blank" Belvoir , which is one of the largest High Street property management groups manages over 73,000 properties nationwide, and franchisees across the country are very awa

NEW: Asking rents continue to rise hitting �1,172 average says Rightmove

NEW: Asking rents continue to rise hitting �1,172 average says Rightmove

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Average asking rents for new tenancies outside London jumped to another record high of �1,172 a month in December - although there are now signs that the pace of growth is starting to ease. https://www.rightmove.co.uk/" target="_blank" Rightmove </s

Legal: UK Supreme Court ruling favours landlord in service charge dispute

Legal: UK Supreme Court ruling favours landlord in service charge dispute

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The case involved Sara &amp; Hossein Asset Holdings Ltd v Blacks Outdoor Retail Ltd and revolved around a service charge certificate (SCC) issued by the landlord (SHAH), and the question of whether this was considered to be "conclusive" (meaning final) for the amount due. Servic

Landlords to challenge Scottish rent control extension

Landlords to challenge Scottish rent control extension

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A coalition of landlords and letting agencies are to seek a legal challenge to the Scottish Government's rent control and eviction ban legislation and its proposed extension from April. The Scottish Association of Landlords, Scottish Land and Estates, and Propertymark have together submitte

City council launches major crackdown on revenge evictions

City council launches major crackdown on revenge evictions

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Brighton &amp; Hove Council has launched a crackdown on revenge evictions as it works towards a zero-tolerance approach to rogue landlords. In a review of its PRS enforcement policy, the authority will look at measures to reduce the risk of revenge evictions by serving improveme

Adult content star reveals plan to become affordable rent landlord

Adult content star reveals plan to become affordable rent landlord

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A single mother who used to survive on charity hand-outs but who now claims to earn up to �100,000 a month from creating online adult content has announced plans to join the ranks of UK landlords. 28-year-old Rebecca Goodwin (main picture, inset), who previously struggled to su

Planners force landlord to return �42,637 in rent after 'illegal gains'

Planners force landlord to return �42,637 in rent after 'illegal gains'

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A rogue landlord who created three tiny flats in the basement of one of his properties has been ordered to pay back more than �42,000 in illegal gains. Mawan Musa , 63, of Maude Road, Camberwell, admitted breaching planning rules at two properties in the s