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City-backed firm to spend �1bn buying thousands of PRS properties with low EPCs

City-backed firm to spend �1bn buying thousands of PRS properties with low EPCs

News

A proptech firm is to spend �1 billion buying up 3,000 private rented properties with low EPC ratings around the UK, which it plans to retrofit and rent out on behalf of its backers. With many individual landlords threatening to quit the sector - faced with licensing schemes an

40% of privately rented homes won't make 2028 deadline - agents claim

40% of privately rented homes won't make 2028 deadline - agents claim

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Forty per cent of privately rented homes in England are unlikely to achieve the energy efficiency rating target that is due to come into force in 2028. Trade organisation Propertymark says its analysis of the latest English Housing Survey shows that 60 per cent of the rental sec

Looming EPC rules to cause mayhem in the rental market, warns senior figure

Looming EPC rules to cause mayhem in the rental market, warns senior figure

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A staggering one-third of landlords plan to quit the sector or do nothing to address energy efficiency failings if and when new EPC regulations kick in. Research carried out on behalf of Paragon Bank reveals that 21% of landlords would not carry out any necessary works to bring

'Landlords NOT worried over proposals to give tenants more pet rights' says NRLA

'Landlords NOT worried over proposals to give tenants more pet rights' says NRLA

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The NRLA has played down landlords fears about new Government proposals to give tenants the right to request a pet. Speaking on the Radio 4 You and Yours programme, director of policy Chris Norris said many landlords werent too worried about the government

OPINION: Why do landlords get the blame for rejecting tenants on Universal Credit?

OPINION: Why do landlords get the blame for rejecting tenants on Universal Credit?

Opinion

An official briefing document for MPs has underlined the contradictory position the government has manoeuvred itself into over landlords and letting agents who advertise properties as No DSS. The House of Commons Library document makes for interesting reading because, base

Well-known landlord jailed after defrauding HMRC out of £500,000

Well-known landlord jailed after defrauding HMRC out of £500,000

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A landlord who defrauded HMRC out of almost �500,000 by keeping deductions from his employees wages has been jailed for three years. Michael Stainer, 74, (inset, main picture) was found guilty of two counts of cheating the public revenue and one of fraud by false representat

Many UK buildings are in danger of becoming unusable in heatwaves

Many UK buildings are in danger of becoming unusable in heatwaves

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As temperatures in England and Wales soar this week, many office buildings will become unusable says real estate sustainability expert Chris Bennett of consultancy https://evoraglobal.com/" target="_blank" Evora Global - it should act as a powerful warning for real estate

'War on landlords' latest - 46,000 rental properties to disappear this year

'War on landlords' latest - 46,000 rental properties to disappear this year

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An estate agency has claimed that the governments war on landlords will cost the private rented market some 46,000 this year, or some 3,800 every month. Hamptons , which has branches all over the UK, says its research confirms that, as LandlordZONE

The cost of living crisis affects landlords as well as tenants

The cost of living crisis affects landlords as well as tenants

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With the cost of living crisis being the political issue of the day, and a political leadership contest underway, theres something of a hiatus in the way its being dealt with. But the situation is now quite urgent. Financial distress is now higher than during the pandemic.

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Latest EPC shake-up to be 'good for flats, bad for houses'

Latest EPC shake-up to be 'good for flats, bad for houses'

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Upcoming changes to EPCs next month could end up costing landlords more and see properties downgraded if they don’t have energy upgrade documents, it has been claimed.

OPINION: Landlords and agents had a chance to avoid licensing, and blew it

OPINION: Landlords and agents had a chance to avoid licensing, and blew it

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It is not unusual to hearletting agents and their landlord clients complaining that operating within theprivate rented sector is has become increasingly tangled with red tape.

WARNING: Money lost to 'investment scams' rises to £144 million

WARNING: Money lost to 'investment scams' rises to £144 million

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The public has been warned to be vigilant following a new report that shows the number of people relieved of their savings by ‘investment scams’ has increased by value for the first time since 2021, reaching £144 million.

'Blue-rinse' seaside resort seeks to restrict number of HMOs

'Blue-rinse' seaside resort seeks to restrict number of HMOs

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The borough council’s planning committee will vote on whether to introduce an Article 4 direction next week.

Council secures criminal conviction for landlord over unlicensed HMO

Council secures criminal conviction for landlord over unlicensed HMO

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A West Sussex landlord has been prevented from letting out HMOs after he admitted operating an unlicensed property.

Landlords WILL be allowed to raise rents to pay for EPC upgrades

Landlords WILL be allowed to raise rents to pay for EPC upgrades

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Despite Energy Secretary Ed Miliband’s insistence that rents hadn’t increased when standards were raised during previous initiatives, Justice Minister Sarah Sackman has now said there are grounds for “higher market rents”.

Landlord £10,000 out of pocket as DWP rules complicated payments

Landlord £10,000 out of pocket as DWP rules complicated payments

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A tenant has built up more than £10,000 in rent arrears after the Department of Work and Pensions (DWP) refused to accept her landlord’s word that the rent had increased.

Number of planning permissions for HMOs declines across UK

Number of planning permissions for HMOs declines across UK

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Report from digital planning portal suggests public fight-back against HMOs and higher taxes for landlords are beginning to bite.

US activist urges British tenants to withhold rents and resist 'despotic landlords'

US activist urges British tenants to withhold rents and resist 'despotic landlords'

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Radical renting campaigners have written a new book that aims to inspire the end of UK landlords’ “despotic control” over tenants.

EXCLUSIVE: Council tax re-banding policy starts to bite HMO landlords and tenants

EXCLUSIVE: Council tax re-banding policy starts to bite HMO landlords and tenants

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The impact of council tax re-banding in HMOs has started to bite as tenants around the UK are being handed huge bills. Portsmouth seems to be a particular hot spot, where one Twitter user posted: Im literally in shock. My house is being re-banded that its six individual

Energy 'price cap' new legislation will demonise landlords

Energy 'price cap' new legislation will demonise landlords

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NRLA’s Ben Beadle warns new energy rebate laws may unfairly target landlords, risking conflict with tenants amid cost-of-living crisis.

Keir Starmer hints at new housing market restrictions for buy-to-let investors

Keir Starmer hints at new housing market restrictions for buy-to-let investors

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Labours leader Keir Starmer has hinted that buy-to-let landlords and second home owners may be prevented from buying properties meant for first-time buyers. His comments came during todays address to the Labour conference in Blackpool, during which h

Comment: what's really behind the surge in no-fault evictions?

Comment: what's really behind the surge in no-fault evictions?

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A report in The Guardian newspaper says that the Surge in no-fault evictions prompts calls to renew UK-wide ban,� on section 21 evictions that is, as was the case during the Covid pandemic. Tenants were protected from being removed during lockdown - how

What impact will record inflation have on business rates?

What impact will record inflation have on business rates?

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Business rates revaluations are scheduled at certain times, but if these occur during period of high inflation the new fix could put businesses and commercial landlords at risk. Though business tenants are liable to pay business rates, landlords should be concerned because they

Labour shadow housing minister slams landlords and promises reforms

Labour shadow housing minister slams landlords and promises reforms

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Labour's Lisa Nandy criticises landlords, pledges reforms to shift balance towards social housing and empower renters.

Rogue landlord and owner of Sheffield's Old Town Hall prosecuted again

Rogue landlord and owner of Sheffield's Old Town Hall prosecuted again

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A Uttoxeter-based landlord, Gunes Ata, aged 47, has been successfully prosecuted by Sheffield City Council for repeatedly failing to provide his leaseholder tenants with the detailed information they are entitled to when presented with their service charges. Mr Ata, who owns She

LATEST: Chancellor cuts stamp duty but no direct tax relief for landlords

LATEST: Chancellor cuts stamp duty but no direct tax relief for landlords

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Kwasi Kwarteng failed to deliver the hoped-for repeal of Section 24 in his mini-Budget but confirmed a permanent cut in stamp duty. The chancellor raised the threshold before stamp duty is paid to �250,000 and for first-time buyers, to �425,000 - cuts universally panned by mor

Ultimate guide: Fire safety in a rental property

Ultimate guide: Fire safety in a rental property

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Fire doors and fire door safety are key elements in the Government's drive to improve fire safety post-Grenfell.

LATEST: Truss 'sympathetic' to calls to re-instate mortgage interest tax relief

LATEST: Truss 'sympathetic' to calls to re-instate mortgage interest tax relief

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Landlords have been offered a glimmer of hope by the new Prime Minister whos hinted that shes not adverse to considering the repeal of Section 24. https://www.nrla.org.uk/" target="_blank" NRLA boss Ben Beadle n

Plans to force HMO operators to pass on �400 bills rebate 'demonise landlords'

Plans to force HMO operators to pass on �400 bills rebate 'demonise landlords'

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Landlords have slammed the Governments new plans to force HMO landlords who operate all inclusive rental properties to pass on the �400 rebate being made available via the Energy Bills Support Scheme (EBSS). This announcement is an abrupt U-turn previously Minister

'Revolving door' - meet Lee Rowley, the 12th junior housing minister in ten years

'Revolving door' - meet Lee Rowley, the 12th junior housing minister in ten years

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The MP replacing Eddie Hughes at the Department of Levelling Up, Housing and Communities (DLUHC) is Lee Rowley. This 42-year-old MP and Leave voter, who was elected to parliament by the constituents of North East Derbyshire in 2017 following his two unsuccessful bids in other co

LATEST: 'Agents to do money laundering checks on ALL landlords'

LATEST: 'Agents to do money laundering checks on ALL landlords'

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Landlords should expect more form filling after agents were advised to complete due diligence on all their clients to combat money laundering. Recently approved government guidance designed to help property agents comply with money laundering regulations - covering customer due

SHOCK: Homeowners and landlords replacing heat pumps with boilers - claim

SHOCK: Homeowners and landlords replacing heat pumps with boilers - claim

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According to many companies, heat pumps are our salvation. To homeowners and landlords, they are expensive to buy. Thats okay, right? Not quite. Home boiler installation experts at Boiler Central have recently seen homeowners return to their natural gas boilers due to heat pu

Leading letting agent slams 'chaotic' rent freeze announcement in Scotland

Leading letting agent slams 'chaotic' rent freeze announcement in Scotland

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Scotlands shock new rent https://www.landlordzone.co.uk/news/breaking-nichola-sturgeon-to-reveal-national-rent-freeze-in-scotland/" freeze policy announcement has left worried landlords in the dark, according to the countrys largest letting ag

Housing minister Eddie Hughes resigns just three days after Truss victory

Housing minister Eddie Hughes resigns just three days after Truss victory

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Housing minister Eddie Williams has thrown in the towel and says he is looking forward to having more time to work for his constituents in Walsall North and championing their causes in parliament. The Midlands MP, who has been at the housing department since June 2018

BRIEFING: Rogue landlords face prison sentences under new rules

BRIEFING: Rogue landlords face prison sentences under new rules

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Under plans to get tough on landlords, stricter standards will be brought in to eliminate unsafe and cold rental housing says the Government Landlords could be facing six-month prison sentences if they let older homes that are unsafe and cold for their tenants. Under

Would you? Number of landlords selling properties to their tenants rises

Would you? Number of landlords selling properties to their tenants rises

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Mortgage brokers around the UK have reported a big rise in tenants being given first refusal to buy their rental property as more amateur landlords head for the exit. <figure id="" class="w-richtext-figure-type- " data-rt-type="" data-rt-align=""><div><img src="https://uploads-ssl.webflo

MINISTER: 'HMO landlords and tenants will not get �150 council tax energy rebate'

MINISTER: 'HMO landlords and tenants will not get �150 council tax energy rebate'

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HMO landlords and their tenants will both miss out on the �150 Council Tax Energy Rebate payment, the Department for Levelling Up, Housing and Communities (DLUHC) has announced. <figure id="" class="w-richtext-figure-type- " data-rt-type="" data-rt-align=""><div><img src="https://upload

CONFIRMED: Truss names Simon Clarke as housing secretary in Cabinet reshuffle

CONFIRMED: Truss names Simon Clarke as housing secretary in Cabinet reshuffle

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The UKs Prime Minister Lizz Truss has named Simon Clarke as her Levelling Up, Housing and Communities secretary of state following her confirmation as Prime Minster. Truss, who won 57.4% of the Conservative Party membership vote to get the job, had previously been rumoured to

BREAKING: Scottish landlords warn of severe problems if 'rent freeze' goes ahead

BREAKING: Scottish landlords warn of severe problems if 'rent freeze' goes ahead

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John Blackwood , (pictured) Chief Executive of the Scottish Association of Landlords (https://scottishlandlords.com/" target="_blank" SAL ), has warned of dire repercussions for the private rented sector is his country's Governm

Scotland introduces national rent freeze with eviction ban

Scotland introduces national rent freeze with eviction ban

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Sturgeon announces national rent freeze & eviction ban in Scotland emergency legislation—set to run until end‑March (tenant protection). Sour

OFFICIAL: 'No concession for student landlords under tenancy reform plans'

OFFICIAL: 'No concession for student landlords under tenancy reform plans'

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The https://www.gov.uk/government/organisations/department-for-levelling-up-housing-and-communities" Department for Levelling Up, Housing &amp; Communities (DLUHC) has dismissed concerns from HMO student landlords that its plans to bring in periodic tenancies will damage

Why is it so difficult to find good tradespeople to repair and maintain properties?

Why is it so difficult to find good tradespeople to repair and maintain properties?

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One of the main tasks you have as a landlord is finding quality tradespeople to repair and maintain your rental properties. Whether its a big landscaping project, or a small leak its important to hire people who know what theyre doing.&nbsp; Unfortunately for many landl

Landlords with leasehold properties in line for Ground Rent rip-off refunds

Landlords with leasehold properties in line for Ground Rent rip-off refunds

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More than 5,000 leaseholders including landlords could get refunds on their ground rent after the Competition and Markets Authority (CMA) secured assurances from nine firms that bought freeholds from housing developer Taylor Wimpey. Those leaseholders who paid a doubled