In an apparent re-run of Harold Wilsons 1970s investment income tax surcharge, Labour plan to re-introduce such an additional layer of tax to what is termed unearned income�. The Wilson Labour government applied an investment income surcharge of 15% and kept the top rate
According to a recent report by estate agents Hamptons, over the last four years the number of landlords operating their buy to let business through a limited company has doubled. There were 47,400 new buy-to-let companies incorporated in 2021 right across the UK, the figures be
Landlords and letting agents will soon be able to carry out quicker https://www.landlordzone.co.uk/news/updated-advice-for-landlords-on-right-to-rent-checks-due-in-new-year/" right to rent checks on British and Irish citizens. From 6th April, Identification Do
An energy expert has sought to reassure landlords that they may not need to spend huge sums retrofitting their properties to raise EPC ratings at least not in the short term. <figure id="" class="w-richtext-figure-type- " data-rt-type="" data-rt-align=""><div><img src="https://upload
Just as residential landlords are contemplating the costs of bringing older properties up to the proposed new standard - very likely EPC band C� required by December 2025 - so too are commercial landlords.<br> See: https://www.landlordzone.co.uk/news/compulsory-epc
Compulsory EPC band C by 2025 causing confusion There have been recent confusing reports put out that from 2025, all newly rented properties in England & Wales will be required to have an EPC rating of band C or above. This is somewhat misleading and jum
LandlordZONE sits down with one of Londons most prolific but little-known landlords who has spent 30 years amassing a huge portfolio in the East End and West End areas of the capital. For reasons of privacy, and a desire to remain behind the scenes, he doesnt want to
So, we ended 2021 after twenty-one months since the first Covid lockdown with the new variant, Omicron, spreading fast, and with Wales, Scotland and Northern Ireland putting in stricter measures and speculation that England may follow with an announcement early in the New Year.
An example of the difficulty of prediction is the conclusion to a detailed study recently published on the private rented sector by the London School of Economics (a study commissioned by the NRLA) Individually and cumulatively, the recent tax changes
A lettings agency boss and landlord has been slapped with a �40,700 Rent Repayment Officer despite claiming that his failure to licence an HMO was an honest mistake. A First Tier Property Tribunal handed five former tenants the maximum award for the period from September 2019 t
Scotland’s Housing Bill proposes rent controls, winter eviction bans, pet rights & tougher eviction penalties in private sector overhaul.
Bristol has approved plans to extend landlord licensing in Brislington West, Bedminster and Horfield wards in a bid to raise PRS standards. The scheme includes additional licensing - HMOs with three or more unrelated people sharing facilities and selective licensing - privat
Durham County Council's selective licensing scheme covers 29,000 homes, requiring landlords to apply by 31 July for a £350–£500 licence fee.
This is a Local Government and Social Care Ombudsman case involving an unnamed landlord (LandlordX or MrX) and Brentwood Borough Council. The case revolves around a common situation where the landlord required possession of the property after serving a valid section 21 notice un
I've been in the property investment business for almost 30 years and during this period opportunities have come and gone but I've yet to discover an asset class that perf
Ever since I started to market one of my commercial buildings around 10 years ago now, I began to doubt the efficacy of the EPC rating system. The guy that came along to do the inspection told me himself he had just completed a 6 week course, or whatever it was, to train to be a
Social and private landlords are to face tougher new rules which make it mandatory to fit smoke alarms in all rented accommodation regardless of tenure, and widen the conditions under which they must be fitted. Revisions to the smoke and carbon monoxide detector regulations also
If you had �50k to invest right now, where would you put it, buy-to-let property or stocks and shares? Certainly leaving it in a traditional savings account, with interest rates as they are at rock bottom, thats out of the question. And with the threat of rising inflation ea
Private landlords are often portrayed unfairly by some housing campaigners as greedy, concerned only with raising rents and increasing profits.
Periodic Tenancy: Under English law, once a fixed period tenancy comes to an end it is automatically replaced with a periodic one, based on the rent payment period (commonly monthly), unless the original tenancy is terminated. With an Assured Shorthold Tenancy (AST) terminat
Landlords have been reassured that would-be tenants holding EUSS pre-settled status will get an automatic two-year extension before their status expires, unless they have already acquired settled status.
Private renters now have potentially more political power, with Generation Rent analysis finding that 194 constituencies in England have populations containing 20% or more private renters, up from 114 in 2011.
Airbnb and two other big short-lets platforms have agreed to share their data on guest numbers and nights booked with the Office for National Statistics (ONS) to help shape policy decisions on the sector.
Two legal experts have told MPs probing the Government’s plans to abolish Section 21 ‘no fault evictions’ that improving the crumbling courts system could take years.
Latest changes to the Renters (Reform) Bill published a few days ago highlight the legal hill that many landlords faced with anti-social tenants will have to climb, it has been claimed.
More tenants living in flats could find themselves unable to have a pet than those in a house under the Renters Reform Bill, warns the founder of a campaigning group.
The second national awards for HMO landlords has been announced by property management platform COHO chief Helen Turner, who is one of the driving forces behind its creation.
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
Peterborough's new selective licensing scheme requires landlords in designated areas to obtain a £908 licence, aiming to improve housing standards.
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
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's Lisa Nandy pledges a comprehensive review of the private rented sector, aiming to empower tenants and introduce a new Renters' Charter.
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
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
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
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
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
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
The case involved Sara & 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
