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Commercial property industry supports a record number of UK jobs

Commercial property industry supports a record number of UK jobs

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Commercial property is an important part of the UK economy, but the retail and office sectors as still suffering and rising interest rates present a real threat. A recent https://bpf.org.uk/media/6294/cl16688-01-bpf-economic-footprint-may23-v5-hi-res-single-pages.pdf" t

BLOG: Should landlords switch on to electric vehicle charging points?

BLOG: Should landlords switch on to electric vehicle charging points?

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Electric vehicle charging expert Matthew Gibbons (main picture) explores the pros and cons of installing the different equipment at rental properties. Rented properties with EV charge points are a rare thing, so installing one makes a home more desi

Are there certain areas worth investing in following Government’s Levelling Up plans?

Are there certain areas worth investing in following Government’s Levelling Up plans?

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In the Spring Budget, the Chancellor announced a raft of measures that the Government intends to help level up the UK. Specifically, they're pledging to prioritise employment, education and enterprise

Suburban landlords to see bonus as more renters commute into London

Suburban landlords to see bonus as more renters commute into London

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Better transport links to the capital have boosted the number of Londoner commuters happy to spend time on the tube or bus. Renters are living further away from the office than they did seven years ago because this doesnt necessarily equate to longer journey times due to impr

Major debt charity calls for more eviction protection for rent arrears tenants

Major debt charity calls for more eviction protection for rent arrears tenants

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A debt charity is calling on the government to introduce stronger protections for tenants who fall behind on their rent. StepChanges survey found that private renters struggled to afford their homes more than any other housing tenure, with one in six (1.2 million people) rely

'FEELING THE SQUEEZE': Third of tenants spending half their salary on rent

'FEELING THE SQUEEZE': Third of tenants spending half their salary on rent

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More than one in three tenants in the UK spend at least half their salary on rent, according to new data from flat-share site SpareRoom. Its poll of 11,000 private renters reveals that 81% spend more than 30% of their take-home pay on rent, leaving them rent burdened, mean

Annual rent inflation climbs again hitting nearly 5% across much of UK

Annual rent inflation climbs again hitting nearly 5% across much of UK

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Rent inflation continued to climb last month up by 0.1% to 4.7%, the Governments latest data for England shows. The Official for National Statistics (ONS) reports the annual increase, which compares the 12 months to the end of April 2023 to the previous months rent data.</

LISTEN IN: The Renters (Reform) Bill - what do the experts think?

LISTEN IN: The Renters (Reform) Bill - what do the experts think?

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In this bonus episode of The Property Cast, Sean Hooker, Head of Redress at the Property Redress Scheme, and leading property expert Kate Faulkner OBE, share their initial reactions to the Renters (Reform) Bill. In perhaps the biggest shake-up of the private rented sector in ove

POLL: Portfolio landlords moving to commercial as PRS becomes more difficult

POLL: Portfolio landlords moving to commercial as PRS becomes more difficult

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Large portfolio&nbsp;landlords are feeling upbeat despite the tough economic climate, with many eyeing the commercial sector for their next property purchase. The https://www.handelsbanken.co.uk/en/about-us" target="_blank" Handelsbanken </a

Leasehold WILL be abolished if we get into power, promises Labour

Leasehold WILL be abolished if we get into power, promises Labour

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Labour has vowed to abolish the leasehold system as soon as it comes to power following Michael Goves U-turn earlier this month. The Housing Secretary dropped https://www.landlordzone.co.uk/news/new-gove-sets-sights-on-scrapping-leasehold-ownership/" target="_blank"

LATEST: Decent Homes Standard 'missing' from Renters (Reform) Bill

LATEST: Decent Homes Standard 'missing' from Renters (Reform) Bill

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Environmental health bodies are to press the government on why it omitted plans for a Decent Homes Standard in the Renters (Reform) Bill. Despite including most of the promised draft legislation, the expected standards were missing and only mentioned in an accompanying press rel

'Fixed term tenancies MUST be preserved within reform bill for students lets'

'Fixed term tenancies MUST be preserved within reform bill for students lets'

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A proposed ban on fixed-term tenancies could penalise students amid an already heightened rental crisis in many cities. According to student rentals platform StuRents�

Battle over holiday lets hots up as campaigning MP holds meeting

Battle over holiday lets hots up as campaigning MP holds meeting

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The increasingly rancourous debate between Airbnb landlords and legislators will come to a head in York this week as the city's MP convenes a public meeting to discuss the growing problem of short lets within its walls. MP Rachel Maskell (main picture) is one of six mostly Labou

'This is why built-to-rent will outperform BTL in the long term'

'This is why built-to-rent will outperform BTL in the long term'

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Property management professional David Goldberg recently revealed that in the long term, investing in so-called build-to-rent developments will prove to be more profitable for investors than buy to let. He claimed that built-to-rent looks to be a win-win for both tenant

SW city to clampdown on HMO conversions with harsher rules

SW city to clampdown on HMO conversions with harsher rules

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Exeter is considering extending its Article 4 direction to help manage the impact of the citys student population. The current Article 4 restricting landlords rights to convert properties into HMOs is in an area close to the University of Exeters Streatham and S

Reform bill will push more landlords into the short-lets market, say experts

Reform bill will push more landlords into the short-lets market, say experts

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Leading figures on both sides of the private rented sector have agreed that the Renters Reform Bill, along with the Governments other changes including tax relief, are driving landlords into the short lets market. The comments were made during a debate chaired by former North

OFFICIAL: Latest evictions surge 'due to reforms pushing out landlords'

OFFICIAL: Latest evictions surge 'due to reforms pushing out landlords'

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The Minsitry of Justice has blamed a 23% jump in the number of private landlord possession during the first three months of the year on the Welsh PRS reforms, although volumes are still below pre-Covid levels. Quarterly figures from the Ministry of Justice show that claims&nbsp;

Renters’ Rights Bill: Expert insights on key changes

Renters’ Rights Bill: Expert insights on key changes

Podcast

Experts Sean Hooker and Kate Faulkner discuss the Renters (Reform) Bill and its impact on landlords and tenants in the private rented sector.

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LAW: Landlord escapes �15,000 bill after tribunal's 'surprising' decision

LAW: Landlord escapes �15,000 bill after tribunal's 'surprising' decision

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Three tenants have only been awarded 20% of a rent repayment order application after a tribunal went easy on their forgetful landlord. Lawrence Hoo admitted he had not renewed an additional HMO licence for the property in St Marks Grove, Easton, Bristol, but had applied as soon

House prices to fall by 10 per cent this year says bank boss...

House prices to fall by 10 per cent this year says bank boss...

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Speaking at Davos, the Swiss ski resort where the World Economic Forum holds its annual meeting, Lloyds bank CEO Charlie Nunn said that the UK house price fall will be limited. His views are bolstered by recent numbers on the progress of the UK economy which managed a second

Scots 'flippant disregard' of PRS will make housing shortage worse

Scots 'flippant disregard' of PRS will make housing shortage worse

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The Scottish governments flippant disregard for the private rental sector will only exacerbate the housing crisis, warns industry group Propertymark, which wants an urgent review of landlord taxation. <figure id="" class="w-richtext-figure-type- " data-rt-type="" data-rt-align="

London rents jump 20% as listings hit four-year low

London rents jump 20% as listings hit four-year low

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London rents surged 20% in 2022; December's average weekly rent hit £551, with 18 renters competing per property, reports Foxtons.

Legal notes: serving notice when there is no current gas safety certificate

Legal notes: serving notice when there is no current gas safety certificate

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When a tenant refuses the Gas Safe engineer access to a property to carry out gas safety checks the landlord is presented with a really difficult problem. Tenants denying access for things like safety checks, repairs and maintenance or regular inspections is not unheard off, in

LATEST: Big city to go live with controversial selective licensing plan

LATEST: Big city to go live with controversial selective licensing plan

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Nottingham councillors have agreed to ask the government to approve the citys new selective licensing scheme. Proposals for its second scheme will cover a slightly smaller area in the city than the current scheme, but would include some new areas such as parts of Broxtowe and

LICENSING: Landlord fails to appeal �2,500 fine for unlicenced HMO

LICENSING: Landlord fails to appeal �2,500 fine for unlicenced HMO

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A Haringey landlord has failed in his attempt to have a �2,500 fine thrown out by a First Tier Property Tribunal . The landlord, who the council won't name, was fined by Haringey private sector housing team for letting an unlicensed three-storey HMO in Hor

Think British evictions are a pain? Then try it in Germany warn landlord duo

Think British evictions are a pain? Then try it in Germany warn landlord duo

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German landlords have plenty in common with their British counterparts but must also contend with even longer legal battles, according to one young couple whove had to evict problem tenants. Sascha and Angelika Rothe live in southern Germany where an eviction action can take

Tenants' bad habits must be challenged over mould, says landlord

Tenants' bad habits must be challenged over mould, says landlord

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Landlords should challenge tenants about their bad habits which lead to condensation mould or risk resulting health problems and higher maintenance bills, it has been claimed. One large-scale portfolio landlord with properties nationwide - known as the Secret Landlord - says tha

'Trophy Mansion' owned by bankrupt property guru repossessed by bank

'Trophy Mansion' owned by bankrupt property guru repossessed by bank

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The next chapter in the troubling story of property guru Glenn Armstrong has begun after court records have revealed that the infamous �3m seven-bedroom trophy mansion he often used within his marketing effort has been repossessed by bailiffs. The 62-year-olds now form

Are Rishi and Liz aware of landlords’ real issues?

Are Rishi and Liz aware of landlords’ real issues?

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Ben Beadle critiques Rishi Sunak and Liz Truss for neglecting landlord concerns, urging focus on supply crisis and policy clarity.

Khan says next PM should make landlords pay tenants' moving costs after evictions

Khan says next PM should make landlords pay tenants' moving costs after evictions

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London Mayor Sadiq Khan has called on the next Tory PM to force landlords to pay tenants moving costs when asking them to move out of a property where the renter is not at fault. His comments were made during a debate within the London Assembly on housing issues in the capita

Welsh landlord's attempt to evict tenants sparks national debate over PRS changes

Welsh landlord's attempt to evict tenants sparks national debate over PRS changes

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A landlord has been unwittingly drawn into a heated debate over the looming changes to the Welsh private rented sector. The country's Government recently delayed its planned reforms that will alter how tenancies, properties and evictions are managed, similar in many ways to the

Liz Truss to help landlords reference tenants better via rent recording initiative

Liz Truss to help landlords reference tenants better via rent recording initiative

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Wannabe Prime Minister Liz Truss has announced that, if elected next month, she will introduce measures to enable tenants within the private rented sector to record their rent with the UK's credit reference agencies. This will both help tenants get on the property ladder via imp

LATEST: Landlord to pay tenants �12,000 after judge slams 'bullying' behaviour

LATEST: Landlord to pay tenants �12,000 after judge slams 'bullying' behaviour

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A landlord in East London is to pay two of her former tenants just over �12,000 after a rent repayment order (RRO) tribunal judge said she had at times bullied the pair and verged on threatening behaviour. Judge Shepherd awarded

Can tech solve 'all inclusive' HMO landlords' bill payment nightmares?

Can tech solve 'all inclusive' HMO landlords' bill payment nightmares?

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A challenger utilities provider has claimed that HMO landlords can solve their tenants mounting bill payment challenges by using tech. Glide, which has a fast-spreading network of its own broadband cables around the UK but also offers bundled utility deals to homeowners and t

REVEALED: Cities with largest student populations and best BTL opportunities

REVEALED: Cities with largest student populations and best BTL opportunities

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Leeds has the highest number of student properties in the UK, according to new research. Website money.co.uk analysed the biggest university towns and cities, giving Leeds, which has five universities and one of the biggest student populations, the top spot with 16,225, followed

EXCLUSIVE: Govt says landlords cannot apply direct to �4.5bn cladding fund

EXCLUSIVE: Govt says landlords cannot apply direct to �4.5bn cladding fund

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Leaseholders can now check their eligibility for a share of the �4.5 billion Building Safety Fund, which has reopened to take new applications.� � Those living in buildings over 18m with cladding issues can apply for a share of the fund. However, the DLUHC tel

Barnet renews borough-wide HMO licensing despite weak performance of old scheme

Barnet renews borough-wide HMO licensing despite weak performance of old scheme

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Barnet Council is reintroducing borough-wide HMO licensing in a bid to improve property standards despite less than impressive figures in its previous additional licensing scheme. According to one of the respondents in the consultation report, only 32% of licensable properties h

A recovering commercial property market is beginning to stall...

A recovering commercial property market is beginning to stall...

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A recent RICS survey finds that interest rate hikes and cost of living pressures are beginning to weigh on sentiment. Credit conditions have deteriorated to such an extent that 43% of respondents to the RICS survey felt we're in early downturn.� Investor sentiment is steady, but the ma

NEW: HMRC confirms CGT property disposal rules for landlords after six-month wait

NEW: HMRC confirms CGT property disposal rules for landlords after six-month wait

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HMRC has confirmed that landlords must file a capital gains tax (CGT) property return - even if the disposal has already been reported on a self-assessment (SA) return. The government introduced the requirement to report disposals of UK residential property and pay the subsequen

Give tenants 'right to buy' their rented homes, says poverty organisation

Give tenants 'right to buy' their rented homes, says poverty organisation

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A leading poverty organisation has called for a radical overhaul of the private rented sector including a government-backed right to buy scheme for private renters. The Joseph Rowntree Foundation (JRF), which was founded by a Quaker philanthropist and sweets manufacturer i

LATEST: UK's first rent-to-own property scheme launches, backed by Nationwide

LATEST: UK's first rent-to-own property scheme launches, backed by Nationwide

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Kettel Homes has launched the UKs first open market rent-to-own programme for first-time buyers who cant access traditional home financing. Under the scheme, Kettel buys existing freehold single-family homes between �125,000 and �400,000 outside London, charging first-ti

'Government's plans to ban Section 21 evictions will lengthen evictions' - claim

'Government's plans to ban Section 21 evictions will lengthen evictions' - claim

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Landlords seeking to evict tenants face more delays when Section 21 notices are abolished, warns the boss of an insurance and referencing firm. Clogged courts and a shortage of judges and county-court bailiffs mean that cases are taking months to be heard, it is claimed. <p i

Rogue landlady faces jail over long-running campaign of violence against tenants

Rogue landlady faces jail over long-running campaign of violence against tenants

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A rogue landlady has been convicted of illegally evicting tenants during a decade-long campaign of violence, theft and vandalism. Sohila Tamiz , of Flint Lane, Lenham, even helped organise a gang of 10 to douse one man in petrol and smash his teeth, the tri

'Don't panic' as BTL mortgage rates rise, urges financial expert

'Don't panic' as BTL mortgage rates rise, urges financial expert

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A mortgage expert has urged landlords not to panic as buy-to-let mortgage rates continue to rise. <figure id="" class="w-richtext-figure-type- " data-rt-type="" data-rt-align=""><div><img src="https://cdn.prod.website-files.com/63bef2f3c329eff8e3a4af45/64cb992aa1ba8a68d7aa0638_dan-lee.jpeg"

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

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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?

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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