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Smaller portfolio landlords leaving sector, says BoE report

Smaller portfolio landlords leaving sector, says BoE report

News

Smaller portfolio landlords quitting UK rental sector, says Bank of England: mounting costs & regulation driving exits, reducing rental supply.

Shelter says agents and landlords who ban children are in breach of renting code

Shelter says agents and landlords who ban children are in breach of renting code

News

Letting agents and their landlords who advertise properties as 'no children' face being accused of breaking discrimination rules, it has been claimed following a campaign by Shelter. The organisation says agents who advertise properties as no children are now breaking The

Eviction expert warns of social housing crisis post‑Section 21

Eviction expert warns of social housing crisis post‑Section 21

News

Eviction expert Paul Shamplina warns of a social housing crisis post-Section 21 abolition, citing court delays and landlord uncertainty.

Rental platform hoping to become 'Rightmove of short lets' raises £1.3 million

Rental platform hoping to become 'Rightmove of short lets' raises £1.3 million

News

Short-term holiday lets platform Your.Rentals is raising on the crowdfunding site Seedrs as it seeks to expand its reach in the UK, raising some £1.3 million so far. The Copenhagen-based company, which is headed up by founder Andrew Martyn (main picture),

OPINION: Are landlords really leaving the private rented sector?

OPINION: Are landlords really leaving the private rented sector?

Opinion

It has been reported this week that housing minister Rachel Maclean (main picture) told a meeting in Westminster that fellow Conservative MPs and the property sector (i.e. the NRLA and other trade associations) are wrong to claim that landlords are leaving the sector. This

Manchester students evicted by University after demanding 30% rent reduction

Manchester students evicted by University after demanding 30% rent reduction

News

Manchester students occupying a university-owned building in a protest over rent costs and living conditions have been ejected by bailiffs. Manchester University says their action was illegal and that it was granted a possession order by the High Court. When the 20 strikers refu

LATEST: Gove hints at fairer tax rules for landlords in return for more regulation

LATEST: Gove hints at fairer tax rules for landlords in return for more regulation

News

Housing Secretary Michael Gove has dropped a hint that he could be willing to consider tax concessions for landlords. Speaking in the Commons during a Budget debate, he told MPs that the government needed to make sure there was fairness in the tax treatment of landlords before l

BREAKING: Government squeeze on landlords has cost Treasury �1.5 billion

BREAKING: Government squeeze on landlords has cost Treasury �1.5 billion

News

Tax changes in the private rented sector have lost the Treasury �1.5 billion in revenue, according to new research commissioned by the NRLA. https://www.capitaleconomics.com/" target="_blank" Capital Economics fou

LAW: Shocking landlord prosecuted for illegal eviction of young family

LAW: Shocking landlord prosecuted for illegal eviction of young family

News

A landlord in Derby has been convicted of an illegal eviction and ordered by a court to pay a �1,600 fine. After initially agreeing a 12-month rental for an unfurnished house with a young family, landlord Grace Young of Pear Tree Street, Derby then attempted to illegally evict

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Landlord to pay £15,000 after second prosecution over same property

Landlord to pay £15,000 after second prosecution over same property

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A landlord who has ignored efforts by a city council to improve his run-down property has been fined heavily.

National Lottery gives green campaigners £1.25m to 'educate landlords'

National Lottery gives green campaigners £1.25m to 'educate landlords'

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News
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Students Organising for Sustainability says it will use the money to improve student accommodation across the UK.

Evicting benefits tenants 'to get harder when renting reforms go live'

Evicting benefits tenants 'to get harder when renting reforms go live'

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News
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The opaque Universal Credit rental payments will cause landlords even more headaches when the Renters' Rights Bill goes live.

Oz landlord to repay UK tenants £16,224 despite 'grey area' claim

Oz landlord to repay UK tenants £16,224 despite 'grey area' claim

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A landlord not resident in the UK must now pay a big rent repayment order after failing to license her property on time.

How to sustainably build a solid rental portfolio

How to sustainably build a solid rental portfolio

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Thinking of growing a buy-to-let portfolio? Start smart, reinvest profits, diversify, stay compliant, and think long-term for lasting success and inco

Liverpool councillor: landlords have been “absolutely battered” in recent years

Liverpool councillor: landlords have been “absolutely battered” in recent years

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News
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While tenant numbers are steadily growing, the number of private rented properties has been shrinking

New specialised BTL mortgage broker revealed for landlords

New specialised BTL mortgage broker revealed for landlords

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News
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Specialist lender OSB Group has launched Rely, a dedicated buy-to-let lending brand to support landlords.

Students cause less damage than other tenants, shock figures reveal

Students cause less damage than other tenants, shock figures reveal

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Average end-of-tenancy charges for students including arrears, cleaning, and damages were significantly lower last year than rest of PRS.

“I’m richer now selling my houses than I was renting them” – Landlords rush to get out

“I’m richer now selling my houses than I was renting them” – Landlords rush to get out

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Smart landlords are selling now, making more upfront than years of rent - 85–90% of market value, fast and hassle-free.

End of lease repairs - what do landlords need to know?

End of lease repairs - what do landlords need to know?

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News
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The end of a tenancy can be a stressful time for landlords, faced with a range of repairs before they can relet the property. "Dilapidations" is the term generally used to refer to the process a landlord needs to follow to recover any loss they may have suffered as a result of t

HMO landlords warned not to over-charge 'all inclusive' tenants as energy bills soar

HMO landlords warned not to over-charge 'all inclusive' tenants as energy bills soar

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News
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Following energy regulator Ofgems decision to https://www.ofgem.gov.uk/publications/price-cap-increase-ps693-april" raise the price cap by nearly £700 a year per household, HMO landlords have been warned to observe the maximum resale value

Awards scheme for HMO landlords launched to highlight best operators

Awards scheme for HMO landlords launched to highlight best operators

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News
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A new property awards has launched that aims to celebrate good landlords in the previously neglected HMO sector. The HMO Awards is dedicated to highlighting good practice and will hand out gongs to HMO agents, operators and investors at a ceremony with a difference that aims to

LATEST: Greenwich agrees £2.6m selective licensing scheme after Covid delay

LATEST: Greenwich agrees £2.6m selective licensing scheme after Covid delay

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The London borough of Greenwich has re-started its planned roll-out of selective licensing across three of its key areas Woolwich, Plumstead and Shooters Hill. Expected to go live at the beginning of July following its Cabinet committee decision, this means nearly a fifth of

Currys closing its London head offices for flexible working space

Currys closing its London head offices for flexible working space

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News
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Currys plc, the leading electrical retailer, operating online and through 829 stores in 7 different countries, is vacating its London head offices for flexible rented space in serviced offices. A sign of the times? This could be the start of a trend that reflects a c

Company linked to high profile investor put into liquidation owing �1.5m

Company linked to high profile investor put into liquidation owing �1.5m

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News
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A high-profile property investor hailed as a rent-to-rent success story has put his company StayBC Ltd into liquidation, owing creditors nearly �1.5 million.<br><br>Newport-based Ben Brand charted his rapid rise on social media, describing his introduction to the property sector after atte

How can landlords afford to upgrade their properties to EPC band C by 2025?

How can landlords afford to upgrade their properties to EPC band C by 2025?

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Like almost all industries the housing market is increasing its efforts to tackle climate change. Households account for 40% of the UKs carbon footprint and the government has forced landlords to move more quickly than others, and from 2025, all properties in the private rent

How can landlords make their properties more energy efficient?

How can landlords make their properties more energy efficient?

Information
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Rising energy prices are at the forefront of a cost-of-living squeeze that will be felt by many in the UK. If youre a tenant, the rising price cap on energy is out of your control but saving money through energy efficiency is within it. For landlords, increased energy effici

Barrister warns landlords over pitfalls of offering Ukrainian refugees whole properties

Barrister warns landlords over pitfalls of offering Ukrainian refugees whole properties

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Landlords have been warned about the legal pitfalls of offering a home to Ukrainians fleeing the war. The governments newly launched Homes for Ukraine scheme lets individuals and businesses �360 a month to provide a spare room or separate self-contained accommodation for ref

It's time to consider challenging your business rates calculation, says RVA Surveyors

It's time to consider challenging your business rates calculation, says RVA Surveyors

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Business rates or non-domestic rates are a variant of a 500-year-old tax, the current version of which was introduced in 1990 to fund local services based on property values, raising approximately �25 billion a year. RVA Surveyors are business rates reduction specialists who ha

LATEST: Arguments over social problems linked to HMOs hot up in Hartlepool

LATEST: Arguments over social problems linked to HMOs hot up in Hartlepool

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Labour councillors in Hartlepool campaigning to restrict HMOs in the town have been told to find evidence of problems caused by shared properties. <figure id="" class="w-richtext-figure-type- " data-rt-type="" data-rt-align=""><div><img src="https://cdn.prod.website-files.com/63bef2f3c329ef

High Street banks will be gone by 2025

High Street banks will be gone by 2025

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News
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Thats the prediction made by the Economist Intelligence Unit (EIU) and banking software company, Temenos. Temenos AG is a company specialising in enterprise software for banks and financial services headquartered in Geneva, Switzerland. An overwhelming proportion of European

New TV series highlights property fraud

New TV series highlights property fraud

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A new four-part ITV drama series starting tonight is based around title fraud which can rob you of your property. Downton Abbey actress Tuppence Middleton and Line of Duty star actor Martin Compston portray a couple who become victims of the little-known crime of house hijacking

UNFAIR': Landlord faces �5,000 fine for deposit protected six months late by her lettings agency

UNFAIR': Landlord faces �5,000 fine for deposit protected six months late by her lettings agency

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News
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A landlord with a property in West Essex has urged LandlordZONE readers to be more careful when trusting agents to protect their tenants deposits via one of the governments approved schemes after a vindictive renter took her to a property

LATEST: HMO landlords must not pocket tenant's �150 council tax rebate, warn MPs

LATEST: HMO landlords must not pocket tenant's �150 council tax rebate, warn MPs

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A cross-party group of MPs has urged the government to ensure HMO and other 'all inclusive' landlords dont pocket multiple council tax rebates under its new scheme https://www.gov.uk/government/news/households-urged-to-get-ready-for-150-council-tax-rebate" target="_blank"

Wales clamps down on holiday lets with draconian new council tax rules

Wales clamps down on holiday lets with draconian new council tax rules

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News
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The Welsh Government is to bring in its https://www.landlordzone.co.uk/news/welsh-government-to-wage-new-war-on-holiday-lets/" promised local tax rules for holiday lets to address the problem of unaffordable housing. Self-catering accomm

LATEST: Landlord wins review of selective licensing scheme for 'value for money'

LATEST: Landlord wins review of selective licensing scheme for 'value for money'

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External auditors are to investigate selective licensing in Nottingham following a complaint about whether it provides value for money. One of the citys landlords has made a formal objection about the scheme which charges them up to �890 every five years for each rental prop

Wave of 'unfair' HMO council tax revaluations revealed that can QUADRUPLE bills

Wave of 'unfair' HMO council tax revaluations revealed that can QUADRUPLE bills

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Councils are seeking to reclassify HMO properties as multiple single dwellings for council tax purposes to raise additional revenue, it has been reported. <figure id="" class="w-richtext-figure-type- " data-rt-type="" data-rt-align=""><div><img src="https://cdn.prod.website-files.com/63bef2

EXCLUSIVE: Lettings firm goes bust leaving trail of 200 unprotected deposits

EXCLUSIVE: Lettings firm goes bust leaving trail of 200 unprotected deposits

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A long-established letting agent has gone bust, leaving more than 200 deposits unprotected and many landlords without tenancy agreements and gas and EPC certificates. Pendley Estates in Kings Langley, Hertfordshire, was a formerly reputable firm that had been trading since the 1

Are hydrogen boilers the future of heating in the UK?

Are hydrogen boilers the future of heating in the UK?

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The UK government has committed to meeting internationally agreed carbon neutral targets and as natural gas (used in domestic boilers) is a major contributor to carbon emissions, a low carbon alternative such as hydrogen, used in existing equipment, is a likely replacement in the future.</p

BBC joins in the 'endless grind' of media landlord bashing

BBC joins in the 'endless grind' of media landlord bashing

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The BBC has joined the ranks of landlord-bashing media by publishing a story that gives a distinctly one-sided view of an eviction, helping bolster Shelter and other organisations' campaigns to ban Section 21 notices. It quotes a tenant as saying she was in panic mode� when

Thousands of landlords affected by sale of struggling digital lettings agency

Thousands of landlords affected by sale of struggling digital lettings agency

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Thousands of landlords whose properties are managed by a leading online letting platform are to see their property management firm change hands after Howsy revealed it is to be acquired by a major high street lettings agency. Launched in 2016 originally as No Agent

Commercial property energy upgrades could cost over �30bn

Commercial property energy upgrades could cost over �30bn

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The road to net zero is paved with additional costs for Britain, not least the amount of money it will take to upgrade commercial property, in the industrial alone. Achieving grade B� ratings under the 2030 Minimum Energy Efficiency Standards (MEES) requirements for the UK

LATEST: Infamous rogue landlord and three associates are banned for five years

LATEST: Infamous rogue landlord and three associates are banned for five years

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Camden Council has handed out banning orders to four rogue landlords for letting an unlicensed and unsafe home in Kilburn. All part of the same interconnected group of London-based family and business associates - Mohammed Ali Abbas Rasool, 30, of Manor House Drive, Daya Ahmed D

LATEST: Coventry to clamp down on HMOs with new planning powers

LATEST: Coventry to clamp down on HMOs with new planning powers

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Coventry aims to come down hard on HMO expansion within the city by introducing an Article 4 Direction. Councillors have approved the plans which will now form part of a public consultation this summer. They hope to change the rules which currently allow landlords to