The Chancellor has been urged to scrap the extra Stamp Duty paid by landlords when buying properties after new research shows the extra activity within the PRS - if it was scrapped - would generate an extra £10 billion in tax revenue for the Government.
The tax net is closing in on property owners who use short-let platforms to earn rental income from their portfolios but not pay tax on it, Airbnb has warned.
Scottish landlords criticise new rent arbitration scheme, labelling it back‑door rent controls that will exacerbate housing access issues.
You’re a landlord looking to sell, but last year was a challenge. In 2024, it’s time to get your portfolios and properties sold and get you moving on to your next projects.
HMO owners in Gravesham are being given a last chance to get their house in order ahead of a crackdown on unlicensed properties.
Two in five (40%) of people who pay housing costs in England – equivalent to 12 million adults – are worried their housing pressures will get worse this year.
Landlords are being urged to fill in a survey on the state of the private rented housing market and some of the key topics likely to be affecting them in the coming months.
Money expert Martin Lewis has advised tenants in London to check if they are in line for a big pay-out when renting unlicensed properties.
Two-thirds of letting agents say more landlords are leaving the market due to ongoing reforms.
The commercial property sector has been particularly badly hit with reduced property values and rents, and increased lending costs, but it's not all doom and gloom
Landlords in Scotland will have to meet a raft of measures to keep their properties up to scratch when new rules come in on 1st March.
Landlords will be able to apply for bespoke green loans and cashback rewards to make their properties more energy efficient under a new government-backed scheme.
Mortgage brokers are bracing themselves for more landlords seeking to borrow via limited companies during 2024, it has been claimed.
The government has become an investor in PRS financing platform Shojin through the conversion of a pandemic-era loan facilitated by the Future Fund scheme.
Landlords are being urged by a London councl to take part in a consultation on plans for a new, slimmed down selective licensing scheme.
Two thirds of private renters had an issue with the quality or condition of their home during the past six months, according to new research, with plumbing problems top of the list.
Winchester City Council has set up its own housing company, Venta Living, one of a growing number of councils going down the private route to help meet the growing demand for rental properties.
An Edinburgh landlord set-up hidden cameras in the bedroom and bathroom of his flat, to film people in bed and in the shower.The cameras were discovered by a young couple, friends of the landlord who allowed them to use the accommodation. The couple found a box on the living room table with a cam
Amongst the ways to agree or ascertain the (open) market rent at rent review or on renewal of a lease, (per s.34-s35 Landlord and Tenant Act 1954), is the use of comparable evidence.At rent review, the market rent for the premises is not what rent the actual tenant would agree or could afford, bu
There are two instances of section 20 notices in property in England:(1) is the notice served in relation to early shorthold tenancies under the Housing Act 1988, and the other,(2) refers to section 20 of the Landlord and Tenant Act 1985, as amended by the Commonhold and Leasehold Reform Act (CLR
Who pays for maintenance and repairs in a residential letting, landlord or tenant?Is it, for example, a tenants responsibility once they occupy my building to look after most of the regular house maintenance items? If the fridge stops working does the tenant or the landlord need to repair it?Y
With commercial property, rent reviews are generally to the open market rent, but sometimes the rent would be adjusted to the Retail Price Index (RPI). RPI is generally considered more favourable to landlords than CPI or other methodologies.There is no link between open market rent and inflatio
Amongst the thorny issues in the relationship between landlord and tenant is the building insurance premium. Unlike residential property where the landlord has a vested interest in making sure the premium is competitive, because more than likely the premium would not be recoverable from the tenan
Theres recently been a spate of press reports and political wrangling about the existence of Zero-Hour Contracts. This has become something of a hot political issue as we approach a general election, and one surprising development is recent attempts to embroil landlords in the issue, as if the
Traditionally, with commercial (business) leases, a contractual provision within the lease specifies the use, or uses to which a property may be put and the uses which are prohibited.The formal classification of Uses� are set out in the Town and Country Planning (Use Classes) Order 1987 as a
As most Assured Shorthold Tenancies (AST) are by definition, short, there is usually no need for landlords to get involved in processing a rent increase.However, some ASTs run for long periods after the fixed term has ended, i.e., when the tenancy becomes a statutory periodic tenancy, hence there
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
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
The boss of housing charity Shelter has repeated the organisations previous assertion that tenants seeking properties in the private rented sector (PRS) too often face racism from both landlords and letting agents. Polly Neates comments have been published by the BBC withi
The government has vowed to expedite a proposed law forcing landlords to respond quickly to complaints about damp and mould. Housing minister Felicity Buchan (pictured) told MPs that proposals were being worked through, after it announced plans last week t
Birmingham council has concluded its consultation into an additional licensing scheme across the city that would include 9,500 properties in all 69 wards. Following a full cabinet meeting report on the scheme's consultation which included several landlords sessions organised by
A rogue landlord who let out an unlicensed HMO with no working kitchen, unusable toilets, blocked drains and rats, has been fined a whopping �175,000. Adam Ali had turned the former Anchor Hotel in Cobham Road, Westcliff-on-Sea (pictured), into an HMO whe
Four former housing ministers have backed a Tory thinktank policy paper that urges a radical rethink of government housebuilding policies. The Centre for Policy Studies report, The Case for Housebuilding , explains how the UKs massive shortfall in homes
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
Scottish government replaces controversial rent freeze with 3–6% cap from April, after landlord backlash.
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
A coalition of landlords and letting groups is seeking a judicial review of the Scottish governments rent control and eviction ban legislation. The Scottish Association of Landlords , Scottish Land and Estates and <strong id=
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=""
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
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 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
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
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
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 surged 20% in 2022; December's average weekly rent hit £551, with 18 renters competing per property, reports Foxtons.
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
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
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
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
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
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
