At least 410 buy-to-let mortgaged properties were repossessed in the first quarter of 2023, 28% higher than in the previous quarter - the highest level since the start of the pandemic. https://www.ukfinance.org.uk/" UK Finance reports that 970 buy-to-let mortg
A https://www.landlordzone.co.uk/news/court-fines-unlucky-but-rogue-landlord-12000-over-unlicensed-hmo/" rogue landlord who illegally subdivided his property into seven separate flats has been ordered to pay back more than �110,000 through the Proceeds of Crime Act.<br><
Buy-to-let landlords could add the cost of making properties more https://www.landlordzone.co.uk/news/landlords-rush-to-offload-their-energy-poor-properties/" energy efficient onto their mortgage in an initiative to make more UK homes greener. https:/
In the second in a series of blogs for LandlordZONE on rental reform, Sean Hooker , Head of Redress at the https://www.theprs.co.uk/" <e
Tenants could effectively move in and give notice the same day under proposals in the https://www.landlordzone.co.uk/news/renters-reform-bill-we-take-a-first-look-at-the-radical-new-legislation/" Renters (Reform) Bill . The draft legislation scraps assured shor
Private landlords across the UK have found themselves in hot water, and its no surprise that many are rushing to sell their property portfolios. A recent article by the BBC reported that private landlords had expressed critical concerns that their rents wont cover the cost
Court reforms and extra funding are needed if the governments overhaul of the evictions process is to succeed, warn landlord groups and eviction specialists. It has promised to abolish section 21 no fault evictions as part of the https://www.landlordzone.c
A new ombudsman known as the landlord redress scheme - and property portal would be compulsory for all private sector landlords.
First look at the Renters (Reform) Bill: groundbreaking tenant protections, streamlined landlord redress & flexible ‘pets-in-lets’ rules.
Purplebricks, which at one stage was used by thousands of landlords to manage their properties, has announced that its assets and business are to be sold to rival Strike for �1, pending approval by its shareholders. Any funds remaining in the firm some �5.5 million are
Michael Gove approves relaxed HMO rules for asylum seeker housing, exempting safety standards and licensing; critics warn of potential exploitation.
The long-awaited Renters (Reform) Bill will finally be introduced in parliament after Prime Minister's Questions today. Setting out plans for 12 key reforms to the private rental sector, the 11th pledge - to give tenants the right in law to request a pet, which should not be unr
Agents lacking landlord licensing know‑how put landlords at risk — vital compliance gaps exposed.
It would seem that successive Tory governments have waged an ongoing and progressively more vicious war on buy-to-let landlords, but this latest layer of legislation goes much further. Yes, this latest iteration, and one thats https://bills.parliament.uk/bills/1768/s
Almost two thirds (63%) of private landlords who manage their own properties are tired of sorting out repairs and dealing with red tape and considering using a letting agency or property manager instead. A Uswitch poll of 2,000 landlords found that the most common reason t
Labour pledges stricter Decent Homes Standard 2 for private landlords, raising property quality and accountability ahead of next general election.
Keir Starmer is set to rebuff previous calls by London mayor Sadiq Khan to bring in a rent freeze, it has been reported. Khan has been banging his rent freeze drum for months now as the cost-of-living crisis has hit many tenants personal finances, telling the BBC in Oct
The much-delayed Renters Reform Bill is rumoured to be getting its first reading tomorrow after Prime Ministers Questions, although the 'full meat' of the proposals will come later. Rumoured to be renamed the Rented Homes Bill or Renters (Reform) Bill, landlords are waitin
The landlord of a retirement flat faces jail if he contravenes a court order not to visit the property or engage in abusive, insulting and intimidating behaviour likely to cause harassment, alarm or distress�. During a hearing at Sheffield Crown Court, Judge Sadiq told land
Northern Ireland has unveiled a radical new type of private rented housing that aims to provide more high quality, affordable homes in the region. Intermediate rent is not social housing but will offer rents set at a level below the open private rented market, while renters will
UK Finance links LHA freeze to rising landlord mortgage arrears, urging policy review to prevent further financial strain on landlords.
Renters at risk under plans to let landlords evict tenants with two weeks notice,� says one headline. Yes, it kind of implies that tenants will be summarily evicted, I thought so when I first read it. As the recent press reports would have us believe, but this is not going
The activities of a huge HMO renting scam gang has been uncovered following a four-year investigation, with the five key individuals and three companies involved fined a total of �434,000. Following an investigation by West Northamptonshire Councils Private Sector Housing Te
Private renters who complained to their landlord, letting agent or local council in the last three years were two and a half times (159%) more likely to be handed an eviction notice than those who kept quiet. New research from Shelter compiled by YouGov using online survey r
A landlord and her letting agency have together been fined more than �45,000 for illegally running an HMO. Barking and Dagenham Councils private sector housing team first discovered that professional landlord Husna Patel had not applied for, or been gr
Property firms using their own inventory services are undermining the sectors integrity, according to the Association of Independent Inventory Clerks. It wants the government to include measures in the Renters Reform Bill to guarantee more transparency
The Government has made several changes to how income and profits are taxed in recent years and some of these will take effect from the new tax year on 6th April, with higher earners and those letting via a limited company most affected. Heres the six changes
The Welsh Government wants to know what landlords who operate holiday accommodation in the country think of its proposed regulation of the sector. Following a https://www.landlordzone.co.uk/news/breaking-labour-and-plaid-cymru-to-jointly-force-through-rent-controls-in-w
In September the Government announced a �2bn plan to offer home insulation grants of up to �5,000 per household in England. This is to be known as the https://www.gov.uk/guidance/apply-for-the-green-homes-grant-scheme" target="_blank" Green Homes Grant and has replaced
A landlord whos facing bankruptcy has written to Housing Secretary Michael Gove voicing his frustration that he is not eligible for any cladding funding despite only earning �63 a week from his properties. The landlord, who has BTL interest-only mortgages, has two freehold s
A staggering 85% of letting agents in Scotland report that landlords want to sell up following the governments move to ban evictions and rent increases until next April. Propertymark members in Scotland say that even more worryingly, 68% of agents had already seen an increase
Just 0.2% of private landlords would qualify for full state support to help upgrade their properties under a proposed scheme to get the UKs walls insulated, while 87% would be liable for the full costs. The Economy 2030 Inquiry says simply basing hand-outs on means-tested ben
Gov confirms major tenancy law shake-up: abolishing assured periodic & fixed-term tenancies in favour of universal periodic tenancies.
A couple of weeks ago I was invited by the owners of a build-to-rent development in Wembley to see at first-hand what this emerging kind of rental property looks like in this case a 440-unit just off the A406 called WemLondon . <figure id="" class="w-richtext-fi
Liverpool Council would take almost 150 years to process all its selective licensing applications at the current rate, according to shocking new data, raising questions about its potential to address poor quality housing. Housing bosses told the https://liverpool.gov.uk
Short-term holiday properties will soon face a compulsory national registration scheme after and amendment has been to the Levelling Up and Regeneration Bill going through parliament. Such a move has been in the offing for several months and follows an initial https://w
The London borough of Greenwich has launched a consultation into renewing its additional licensing scheme. The previous scheme ran from October 2017 and ended in September, and the council now wants landlords and tenants to help it decide whether to start it up again from April
Landlords must ensure they amend the Welsh governments model tenancy agreements or risk eroding their rights, warns a leading property lawyer. Following the introduction of thehttps://www.landlordzone.co.uk/news/huge-changes-to-welsh-renting-laws-go-live-today-f
The Government has given buy-to-let landlords two compelling reason to sell-up, and fast: first is the overhaul of the rental rules coming next year, with indefinite tenancies and the end of section 21 evictions, and second comes the eroding of capital gains tax, tax free allowances. <p
New government funding to explore how technology can help dispute resolution could reduce the backlog of court cases, including possession hearings. The Solicitors Regulation Authority (SRA) has been awarded �119,691 from the Department for Business, Energy & Industrial St
Investigations have thrown new light on a series of solar energy investments which failed to switch the lights on for Thurrock Council. Conservative led Thurrock Council has saddled itself with an almost �500 million debt when it tried to bridge a funding gap by taking on risky
In this episode of the property cast, Eddie and Paul are joined by Nigel Lewis - award-winning property journalist and Editor in Chief at LandlordZONE, the most visited landlord news website in the UK. Nigel Lewis is a property writer and editor with a 27-year track record working for nation
In this episode of The Property Cast, Eddie and Paul are joined by Maxine Fothergill, President of the leading membership body for property agents, ARLA Propertymark. The trio discuss the topical issue of rental reform and ROPA, delving into the detail of what lies ahead for age
In this episode of The Property Cast, we discuss the myriad of issues surrounding damp, mould and condensation a common problem for landlords and letting agents alike. To explore this topic, Sean Hooker, Head of Redress at the Property Redress Scheme, steps into Eddies sh
Portsmouth is to go ahead with its contested additional licensing scheme but has promised to reward good landlords by charging them a lower licence fee and doing fewer inspections. Landlords had urged their council not to go ahead with plans to extend licensing to about 4,000 th
The long awaited renting reforms first muted in 2019 will be implemented next year, promises Housing Secretary, Michael Gove MP. Admitting that the Government should have moved more quickly� on these reforms to protect tenants following the Grenfell Tower tragedy, Mr Gove
A landlord battling to evict his nightmare tenants using a Section 8 order is exasperated that county court bailiffs encouraged them to stay put. The Cumbrian-based landlord had been granted a possession order, but his tenants - on bail for alleged drug offences and owing �3,00
The Government has averted a looming crisis in the HMO sector that would have seen many tenants charged individually for council tax, rather than paying a share of the propertys annual bill. As LandlordZONEhttps://www.landlordzone.co.uk/news/exclusive-official-counci
London Renters Union will picket successful estate agents across the capital next week who it blames for pushing up rents to unaffordable levels. Protests are planned in Tower Hamlets, Hackney and Crystal Palace on 3rd December by activists who have taken partic
The Welsh government has given a strong indication that landlords and property owners operating Airbnb holiday homes within its borders are to face a compulsory licensing scheme similar to the Rent Smart Wales scheme for the traditional private rental sector. This follows a parl
Landlords long-standing criticisms of health and safety regulation that tenants are often the cause of problems such as mould or water leaks look set to be addressed in new government guidance. Councils inspecting rented properties will be formally instructed to exami
Housing Secretary Michael Gove has ordered council bosses to prove they are assessing and improving damp and mould problems in the PRS. Following the death of toddler Awaab Ishak as a direct result of mould in his family home, Gove says theres an urgent need to ensure a decen
