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Developers’ greed resulted in them “cooking their own goose”

Developers’ greed resulted in them “cooking their own goose”

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For many years some housing developers in the UK were involved in a leasehold housing scam; they found a very lucrative second income stream, but this was all at the expense o

Serious shortage in student accommodation provides real opportunity for landlords

Serious shortage in student accommodation provides real opportunity for landlords

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While there has been a shortage of all types of rental accommodation across the UK for several years now, the student market has been hit particularly hard.There is currently a shortfall of over 200,000 beds, which is expected to grow to around 450,000by 2025. This is thanks to rising student number

Landlords exiting PRS drives 35% rise in Section 21 'no fault' evictions

Landlords exiting PRS drives 35% rise in Section 21 'no fault' evictions

News

Shelter has urged the government to make scrapping Section 21 a priority after new Ministry of Justice data showed a 41% rise in the number of households removed from the

Landlords urged to give views on major changes to Scottish EPCs

Landlords urged to give views on major changes to Scottish EPCs

News

Landlords are being urged to give their views on an overhaul of EPCs (Energy Performance Certificates) in Scotland including making both residential and commercial landlords a

LATEST: Demand for rental property remains strong as property sales nosedive

LATEST: Demand for rental property remains strong as property sales nosedive

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The latest RICS housing report has revealed a sharp downturn in property sales but in contrast a rental market bolstered by continuing �strong demand', landlords will be r

FREE webinar: Will it become more difficult to evict tenants next year?

FREE webinar: Will it become more difficult to evict tenants next year?

Opinion

Many landlords will not have clocked the huge changes coming down the line within the Government's Renters (Reform) Bill due to become law next year - but h

Tenants to get £15,000 after landlord found guilty of "cynical disregard" for rules

Tenants to get £15,000 after landlord found guilty of "cynical disregard" for rules

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Two rogue landlord firms which granted a tenancy in �cynical disregard� of licensing rules, then failed to properly repair ongoing faults, have been handed a hefty fine.</

REPORT: London rental stock shrinks by 41% as landlords quit sector

REPORT: London rental stock shrinks by 41% as landlords quit sector

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London's rental market is contracting dramatically as landlords exist the market, a new joint report by estate agency Savills and the London School of Economics has highligh

Tech firm that helps landlords sell rented homes to sitting tenants secures first funding

Tech firm that helps landlords sell rented homes to sitting tenants secures first funding

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A free service that helps landlords manage their portfolios more profitably but also sell individual properties to sitting tenants through an innovative funding model has secu

NRLA slams Ministers over 'gimmicky' £10,000 fines for Right to Rent breaches

NRLA slams Ministers over 'gimmicky' £10,000 fines for Right to Rent breaches

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Both landlords and letting agents have slammed the Government's proposal to hugely increase fines for property managers who breach existing Right to Rent check laws.

Landlord wins praise for offering 'only locals' affordable property in town

Landlord wins praise for offering 'only locals' affordable property in town

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A landlord in the Kent seaside town of Whitstable has won plaudits after deciding to rent her rental property to local people, it has been reported.

COMMENT: Government has got itself in a muddle over the rental market

COMMENT: Government has got itself in a muddle over the rental market

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Bidding wars, tenant CVs, queues outside properties � these phenomena have become common in the rental market across Britain.� So runs the editorial in this week's Su

Northern council prepares planning crackdown against HMO conversions

Northern council prepares planning crackdown against HMO conversions

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Bolton council has revealed its intention to begin a coordinated campaign to rein-in the creation of more HMOs within its boundary including via planning and parking rules and

BREAKING: Fines for Right to Rent breaches to rise from £80 to £5,000 per tenant

BREAKING: Fines for Right to Rent breaches to rise from £80 to £5,000 per tenant

News

The Home Office has revealed plans to hugely increase the level of fines that landlords can face if they are found to have not checked tenants properly to see if they have the

Landlord fined £36,000 by court after fire reveals his property wasn't licenced

Landlord fined £36,000 by court after fire reveals his property wasn't licenced

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A landlord in the North West has been handed a �36,000 fine after a fire at his property revealed it had not been licenced.

Warwick to charge landlords £1,116 as it doubles size of HMO licencing

Warwick to charge landlords £1,116 as it doubles size of HMO licencing

News

Warwick is the latest local authority planning to more than double the size of its HMO licencing scheme, starting in January 2024. This follows a public consultation earlier t

Government tax 'windfall' revealed as more landlords sell their properties

Government tax 'windfall' revealed as more landlords sell their properties

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Official figures out today revealing a huge increase in capital gains tax paid on residential property sales can be explained by more landlords than usual selling rental homes

'Base rate rise will put landlords and tenants under even more financial strain'

'Base rate rise will put landlords and tenants under even more financial strain'

News

Landlords have warned the Bank of England that its decision to raise the base rate by a quarter of a percent to 5.25% will only put more pressure on to renters and buy-to-let

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How long should accounts be kept

How long should accounts be kept

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Question: How long should accounts be kept to satisfy the authorities, things like accounting files, invoices and tax records, as a property landlord?Answer: You must keep your records for 6 years after the tax year to which they apply, whether or not you complete a tax return.It's a good idea, a

Expiry of Section 21 Notice

Expiry of Section 21 Notice

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Expiry of Section 21 Notice - I have served a Section 21 (s21) Notice on my tenant but don't wish to start proceedings immediately. Can I wait without the notice expiring?Once a Section 21 notice has been served correctly it continues indefinitely, until such time as the tenancy is ended, either

Covenant and Covenant Strength

Covenant and Covenant Strength

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Covenant and Covenant Strength - What is a legal covenant and what is the significance of the terms in relation to rental property and lettings ?</h2>The term covenant can have several meanings and has biblical origins but it is of particulalry significance

10 year lease

10 year lease

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2 years ago I purchased a company with a 10 year lease from my ex boss, on a 10 year lease, the lease was set up by a solicitor. After 2 years the business is struggling and is not viable. I feel that my solicitor ill advised me as there was no break clause mentioned. Where do I stand on t

Uncollected Goods

Uncollected Goods

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Good Left in the Premises or Uncollected GoodsFrequently, tenants leave goods after their tenancy has concluded or when they have abandon the premises during a tenancy. Uncollected goods and possessions left or abandoned in premises by tenants can pose a real problem for landlords.

Standing Order

Standing Order

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<h1 Standing Order</h1>What are Bankers' Standing Orders?</h3><ul <li Standing Orders allow landlords to automate the process of collecting rents</li> <li They safeguard tenants in that the landlord cannot change the payment amount, as is the case with direct debit

Section 8 Procedure

Section 8 Procedure

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The Possession Procedure - 1988 Housing ActThe possession procedure under Section 8 of the Housing Acts 1988 &amp; 1996 is known as the Section 8 Route and is available to landlords where the tenant is in breach of one or more terms of

Renting Business Premises

Renting Business Premises

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Renting or Leasing Commercial Property Renting commercial property usually represents a major part of the operating costs involved in running any business. If you include surveyor's and solicitor's fees, rent, business rates, insurance,

License Agreement

License Agreement

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Types of Tenure: A tenancy gives the tenant a legal interest in the land and property - in effect, legal ownership for the period of the tenancy. Tenancies can take several forms: <ul <li Rent Act or Regulated Tenancies - pre </li> <li

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 &amp; 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

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