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
Trading Standards has released new guidance to help landlords and leaseholders get to grips with the Leasehold Reform (Ground Rent) Act. The law https://www.landlordzone.co.uk/news/advice-are-you-ready-for-the-leasehold-reform-act-going-live-on-30th-june/" target="_
A landlord in Wales has set a cat among the legal pigeons after winning a landlord Japanese knotweed compensation case in the Court of Appeal. Its three judges have agreed that Marc Davies, 38, must be paid just shy of �5,000 by his local authority Bridgend council which, it wa
A property estate worth �15m has been sold off as part of a complex court case involving a pair of divorcing professional landlords. The portfolio of 25 buildings was spread across four London boroughs and included both residential and commercial properties. The portfolio inclu
Estate agents have criticised the Governments plans to usher in a single ombudsman for the property industry, claiming it will have unintended consequences. Under the plans, the existing redress schemes for estate agents and their customers will be replaced by an overarching
Most landlords are still in the dark about EPC changes, a new survey has found, raising fears that they could be blindsided when proposed new rules become law in 2025. Only 57% of landlords with a single property and 77% of those with four or more properties in their portfolio a
Property lawyers have flagged up potential problems with eviction reform measures within the Renters Reform Bill white paper. An amendment to Section 8 notice evictions will expand the range of circumstances where landlords can seek possession when needing to sell or allow thems
Landlords in Yorkshire might have an ally in new Lib Dem councillor Felicity Cunliffe-Lister who stormed to victory in the recent Masham and Fountains by-election, a previously super-safe Conservative seat. The incoming North Yorkshire county councillor owns Swinton Estate, one
Official research has found that self-managing landlords are the least prepared when dealing with the legal requirements of the official Right to Rent scheme. It requires landlords of privately rented accommodation to conduct checks on all new tenants to establish if they have a
A leading landlord blogger has slammed Shelter for claiming in its latest press release that landlords are cashing in on higher rents by using Section 21 no fault evictions to repossess their properties. The comments are from http://www.thesecretlandlord.com
Landlords are being encouraged to donate the addresses of their vacant properties as part of a unique bid to stem homelessness. Dreamt up by architect Chris Hildrey, https://www.proxyaddress.co.uk/" ProxyAddress allows people to securely borrow a stable, donat
Average house prices fell by -1.5% in December, while the annual growth rate dropped from +4.6% to +2.0%, according to the Halifax House Price Index. A typical property now costs �281,272 - down from �285,425 in November following six months of rapid growth during the firs
Propertymark has voiced fears that the governments ECO plus scheme risks excluding many landlords with low-rated properties. In its response to the Department for Business, Energy and Industrial Strategys consultation into the scheme to help fund home insulation, the indus
Cherwell District Council has pressed the government to urgently introduce the long-awaited Renters Reform Bill to help it rebalance the relationship between landlords and tenants. The north Oxfordshire authority has written to Housing Secretary Michael Gove asking him to bring
All non-domestic properties usually have their business property Rateable Value (RV) revalued every five years by the Valuation Office Agency. The next revaluation is due to take place on 1 April 2023. What is Rateable Value? The value is determined by the Valuation
The average cost of rent fell slightly during December, dropping 1.47% to �1,071, according to the latest Rental Index from https://www.goodlord.co/" Goodlord .<br><br>The South West saw the largest reduction of 2.68% to �1,066 while the only region to see an increase wa
Landlords should think carefully before attempting to remove good tenants who resist rent increases, advises https://www.landlordaction.co.uk/ Landlord Action founder Paul Shamplina - or risk replacing them with tenants who stop paying rent. If you have a
A letting agency boss has been hit with an 11-year ban after repeatedly abusing the https://www.landlordzone.co.uk/news/landlords-who-took-out-bounce-back-loans-given-six-month-breathing-space/" Bounce Back Loan scheme. Laszlo Szabo, the sole director of Letti
Almost two-thirds of landlords (62%) will be forced to raise rents by at least 10% in the next 12 months if market conditions dont improve. Research by Aldermore Bank found that despite this, landlords feel conflicted about passing on costs in an alread
Legal & General Capital helped fund more than 17,000 new homes across affordable housing, suburban build-to-rent (BTR), modular housing, traditional build-to-sell, and key worker homes last year. The insurance group invested �5 billion towards levelling up the UKs towns
If you havent heard of it before, the Renters' Reform Bill is set to be voted on before May 2023, bringing with it a plethora of proposed changes for landlords and tenants alike. Shelter , who along with other organisations are cam
Long-term HMO landlords in Portsmouth risk losing their C3/C4 status with no chance of getting it back due to confusion over planning rules, it is claimed. Many took advantage of the option to switch between family use (C3) and HMO (C4) without needing planning permission in 201
The rental sector is likely to see some of the biggest changes since the 1980s, so do your homework and keep yourself up-to-date. All the signs are that operating as a residential landlord in 2023 will be just as challenging as it was last year, if not more so here are my to
Leading property sector figure Kate Faulkner has been given an OBE in the New Years Honours List. Faulkners honour is for her involvement with landlords, estate agents and consumers including her work leading the property industry Home Buying and Selling Grou
The worst fears of a commercial landlord are realised when the flow on quarterly or monthly rent payments starts to dry up! Read on to find out what to do if you're faced with this. According to the latest available Office of National Statistics (ONS) figures, the number of comp
The NRLA has backed the growing number of student landlords 'panicked' by the Governments plans to bring in periodic or open ended tenancies across the private rental sector. Concern is widespread within the student community, new research reveals, with 84% saying they
A landlord in the Midlands has launched a parliamentary petition calling on the Government to reverse its Section 24 tax changes for landlords, which since 2017 has gradually removed their ability to claim mortgage interest rate against their tax liability. Announced by George O
Nearly two-thirds of private rental properties wont reach proposed minimum EPC levels, according to new research. Data compiled for property data platform LandTech shows that 64% of private rental properties would fail to reach an EPC rating of C or abo
Only landlords with property incomes over £30,000 will now need to comply with HMRC's looming https://www.gov.uk/government/publications/making-tax-digital/overview-of-making-tax-digital" target="_blank" Making Tax Digital (MTD) https://www
One of Londons leading property management figures has said the Governments plans to abolish section 21 evictions is a sledge hammer to crack a nut and not an effective solution to the issue of bad landlords within the private rented sector. The comments come from An
Landlords in Scotland have been hit with a stamp duty rise as the government strives to raise additional revenue. It announced legislation in the Budget statement to increase the rate of the Additional Dwelling Supplement from 4% to 6% for second home buyers and buy-to-let landl
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
