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A new wave of investors rush in to buy properties off landlords looking to sell

A new wave of investors rush in to buy properties off landlords looking to sell

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After a slew of bad news, this week’s headlines come as a welcome relief for landlords looking to sell. The Telegraph reported that despite higher rates and regulatory risks around rentals, a wave of new investors had entered the market, stepping in to take portfolios off landlords’ hands.

Airbnb service for landlords raises £1.75m but still isn't profitable

Airbnb service for landlords raises £1.75m but still isn't profitable

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A business that rents out properties via Airbnb on behalf of landlords has raised another £1.75 million from investors, taking its total raised since 2016 to £12 million.

Record year for build-to-rent construction, says Savills

Record year for build-to-rent construction, says Savills

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The Build-To-Rent (BTR) sector now accounts for 10% of all UK real estate investment after a record-breaking year.

Gove unveils plan to slash ground rents for leaseholds

Gove unveils plan to slash ground rents for leaseholds

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The government has launched plans to slash ground rents on existing leaseholds as part of a consultation into widescale reform.

Evictions taking over six months on average, says MoJ

Evictions taking over six months on average, says MoJ

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County courts are taking over half a year on average to process legitimate evictions by landlords and agents, it has been revealed.

Student landlord slams council over 'unfair' £45,000 licencing fee

Student landlord slams council over 'unfair' £45,000 licencing fee

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A property management company has slammed its local council for charging a student accommodation block nearly £45,000 under the selective licensing scheme.

LibDems promise to give landlords tax breaks for green upgrades

LibDems promise to give landlords tax breaks for green upgrades

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Landlords should be allowed to offset spending on insulation and energy-saving improvements against tax, according to the Liberal Democrats.

Landlord mortgage arrears jump by 29%, official figures show

Landlord mortgage arrears jump by 29%, official figures show

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The tough economic conditions bearing down on landlords are starting to push up mortgage arrears, latest data from lenders’ trade body UK Finance has revealed.

Mystery shopper research 'proves landlords racially profile applicants' - claim

Mystery shopper research 'proves landlords racially profile applicants' - claim

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New research by Generation Rent reveals that white people are 36% more likely to receive a positive response when applying to rent on SpareRoom than black people.

Agents report fewer landlord instructions as 'unintended consequences' kick in

Agents report fewer landlord instructions as 'unintended consequences' kick in

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Signs that the Government’s assault on landlords coupled with higher mortgage costs are chasing more out of the market than usual have come from the Royal Institute of Chartered Surveyors (RICS) this morning.

Tory MP says court delays MUST be fixed before Section 21 is abolished

Tory MP says court delays MUST be fixed before Section 21 is abolished

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Theresa Villiers warns court delays risk worsening landlord exodus and housing supply issues, urging reforms before Section 21 abolition.

New way to control HMOs revealed in Coventry - but will rest of UK follow suit?

New way to control HMOs revealed in Coventry - but will rest of UK follow suit?

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Coventry Council is hailing its crackdown on unlicensed HMOs a success after it fined landlords more than £100,000 in just two of the city’s streets.

Notorious landlord to pay staggering £480,000 fine over damp HMO

Notorious landlord to pay staggering £480,000 fine over damp HMO

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A notorious rogue landlord and his property management company have been handed a staggering £480,000 fine for renting out an HMO so damp that mushrooms were growing on the upper floors.

Property market 'past peak pain' but values still down 7% in 12 months

Property market 'past peak pain' but values still down 7% in 12 months

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The UK’s housing market is past ‘peak pain’ after a rollercoaster 12 months and is forecast to grow by 17.9% – equivalent to a £45,521 gain on the average home – within five years.

Airbnb 'irresponsible' for encouraging tenants to sublet rented homes

Airbnb 'irresponsible' for encouraging tenants to sublet rented homes

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A legal expert has warned that landlords face prosecution for running illegal HMOs if tenants follow Airbnb’s suggestion that they sub-let their homes.

Landlords WILL get eviction certainy from reform Bill, King tells MPs

Landlords WILL get eviction certainy from reform Bill, King tells MPs

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King Charles has heralded the government’s commitment to the Renters Reform Bill in his first King’s speech as monarch.

'Short-lets offer returns of up to five times traditional rents'

'Short-lets offer returns of up to five times traditional rents'

News

Homes bought by landlords to rent out via short-let contracts create gross returns of between 12% and 20%, an estate agency has claimed.

The Section 21 Ban, will it progress?

The Section 21 Ban, will it progress?

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Will the Renters (Reform) Bill progress and ban Section 21, despite mounting opposition from Conservative back-benchers?

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Landlords and Agents Reminded about Burst Pipes

Landlords and Agents Reminded about Burst Pipes

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Freezing Pipes: This time of year, as we head towards colder weather and freezing conditions, buy-to-let properties and indeed all rental properties are vulnerable to potentially expensive winter water damageIn this article digital inventory app developer Imfuna Le

Rent-free period

Rent-free period

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Guide to commercial tenancy rent-free periods and full repairing leases, explaining tenant obligations on lease expiry or termination.

Safety Standards for Blinds and Curtains

Safety Standards for Blinds and Curtains

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Landlords and letting agents should by now be conversant with the 2014 regulations on blinds and curtains and the measures necessary to prevent accidents with children. It is particularly important to ensure that blinds and curtains supplied in rental properties meet these regulations, otherwise,

Repair Reporting Issues and Section 21

Repair Reporting Issues and Section 21

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Changes to the law on Section 21 and in particular how landlords deal with reported repair issues is now of crucial importance if section 21 claims for possession are to be successful. Careful pre-planning is now essential at the time of setting-up Assured Shorthold Tenancies (AST).The Section 21

Assessing Covenant Strength

Assessing Covenant Strength

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Understand how to assess tenant covenant strength and why it’s key to commercial property investment decisions.

Holding or Pre-Contract Deposits

Holding or Pre-Contract Deposits

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I have always found the holding deposit (an initial retainer paid to the landlord or agent to reserve a tenancy) is a very useful device to commit the tenant to your letting. But is it legal to withhold the advance deposit you take from a prospective tenant if they back out?In my experience a pro

Tenancy Deposit Documentation

Tenancy Deposit Documentation

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What do I need to do when I protect my tenant/s deposit? If you take a deposit from your tenant/s you MUST protect the deposit and serve your tenants with the correct documentation within 30 days or face having to pay a fine and the prospect that you cannot use the s21 evict

ITZA revisited

ITZA revisited

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A clear explanation of ITZA and rent review zoning — why old ITZA measurements may not always apply in new rent reviews.

Dispute Resolution Procedure at Rent Review - Calderbank offer

Dispute Resolution Procedure at Rent Review - Calderbank offer

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Learn how a Calderbank offer can help landlords settle disputes and avoid costly rent review referrals.

Landlord wins legal battle over �3,300 gas safety paperwork fine

Landlord wins legal battle over �3,300 gas safety paperwork fine

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A professional landlord has scored a partial win against his council fines for charges relating to gas safety inspections. Mahendra Maharaj , who owns 78 properties in Liverpool, had been fined �9,000 by the city council a decision confirmed by a First

Re-launched Right to Buy to take 'money from pockets of buy-to-let landlords'

Re-launched Right to Buy to take 'money from pockets of buy-to-let landlords'

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Boris Johnsons pledge to reform the housing market will see the government launching a dusted-off version of David Camerons right to buy scheme for social housing in order to turn the tables on private landlords, his housing secretary Michael Gove has suggested. During a s

HMRC is clawing back overpaid and fraudulent Covid support payments

HMRC is clawing back overpaid and fraudulent Covid support payments

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The self-employed who took advantage of the multi-billion pound self-employed income support scheme (SEIS), claiming grants they were not entitled to, when they were either not trading at all, or their profits did not fall within the specified limits, are now being asked to pay the money ba

Experts discuss impact of Section 21 eviction ban

Experts discuss impact of Section 21 eviction ban

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Experts discuss the implications of abolishing Section 21 evictions, including potential delays, increased court burdens, and impacts on tenant mobili

Comment: fears over the future of private rental market in the regions mount

Comment: fears over the future of private rental market in the regions mount

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While in England the housing minister Eddie Hughes has just https://www.landlordzone.co.uk/news/breaking-minister-confirms-government-will-not-consider-rent-controls-in-england/" target="_blank" ruled out rent controls , in Scotland, Wales, Northern Ireland and the Irish R

Legal case '� can there be a reasonable excuse for not licensing an HMO?

Legal case '� can there be a reasonable excuse for not licensing an HMO?

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Weve all heard the expression, ignorance of the law is no excuse� and this applies without question in all areas of the law. But in some rare instances it seems the courts and tribunals are open to accepting a defence of what is termed reasonable excuse even when the regulatio

Landlord says protecting tenants during portfolio sale will cost him �500,000

Landlord says protecting tenants during portfolio sale will cost him �500,000

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Nottingham benefits landlord Mick Roberts (main picture) has made another bid to sell 40 of his properties by offering to cut the sale price by a tenth if a landlord buyer keeps his existing tenants on. The regular LandlordZONE contributor has previously suggested https

LATEST: Guidance issued for landlords with tenants hoping to take in Ukrainian refugees

LATEST: Guidance issued for landlords with tenants hoping to take in Ukrainian refugees

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Landlords have been warned to check a propertys potential status if their tenant wants to offer Ukrainian refugees a spare room. Updated guidance on the rules around the Homes for Ukraine scheme outlines that where a private tenant is paying rent for their accommodation, the

BREAKING: Wales delays introduction of controversial Renting Homes Act

BREAKING: Wales delays introduction of controversial Renting Homes Act

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The Welsh government has announced a five-and-a-half-month delay to the introduction of its controversial Renting Homes Act which had been due to go live on 15th July this year. Now postponed until 1st December, housing minister Julie James says

Latest changes to Part L of the Building Regulations

Latest changes to Part L of the Building Regulations

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Landlords are required to conform to the safety and environmental rules set-out in these regulations so its important you understand the law regarding the building regulations. The rules are in place to ensure that buildings meet a certain standard of safety to protect residents and memb

Welsh government clamps down on holiday let landlords with tougher council tax rules

Welsh government clamps down on holiday let landlords with tougher council tax rules

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Landlords in Wales who rent out self-catering accommodation will no longer be able to dodge council tax under new and tighter rules announced by the Welsh government. In its bid to crack down on the impact many holiday lets and second homes are having on communities and the Wels

REVEALED: Shocking but true data behind landlord rent arrears and evictions

REVEALED: Shocking but true data behind landlord rent arrears and evictions

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A staggering 71% of all landlords reported having at least one tenant in arrears due to the pandemic, according to the latest English Private Landlord Survey . Nearly a third (29%) were lucky not to have any, but landlords with one property most commonly ha

Amended rules for landlords on fitting carbon monoxide alarms

Amended rules for landlords on fitting carbon monoxide alarms

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Landlords in England have since October 2015 been required to install carbon monoxide alarms in their residential rented accommodation where a solid fuel solid fuel heating appliance was fitted. This would include all open fireplaces that were available to be used, that is where

Office market weathering the storm better than expected

Office market weathering the storm better than expected

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With rental growth in prime London offices set to outpace the rest of the country, the doom mongers predicting permanent working from home (WFH) and office flight have so far, it seems, been on the wrong tack. Quarter 1, 2022 has seen rent returns rise as UK commercial property

BREAKING: Grant scheme for air and ground source heat pumps opens for landlords

BREAKING: Grant scheme for air and ground source heat pumps opens for landlords

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The government has today officially opened its Boiler Upgrade Scheme for applications including those from private landlords. Operated by the Department for Business, Energy and Industrial Strategy , it offers applicants it offers gra

LATEST: Notorious property investment fraudster FINALLY jailed over �600,000 scam

LATEST: Notorious property investment fraudster FINALLY jailed over �600,000 scam

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One of the UKs most notorious property investment fraudsters has been jailed for six years after a court heard how he swindled investors out of �592,000. 42-year-old father of three John Keats-Ormandy persuaded eight people to invest in his scheme by claiming he had a portfo

Brighton takes a big step towards rent controls with Secretary of State request

Brighton takes a big step towards rent controls with Secretary of State request

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Brighton and Hoves Green Party is pushing for rent controls in the city where its now the most expensive place to rent outside the capital. The https://www.brightonhovegreens.org/" target="_blank" Green-controlled council, with Lab

LATEST: Report slams Irish rent controls for 'backfiring' on Government

LATEST: Report slams Irish rent controls for 'backfiring' on Government

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A report on Irelands 50+ rent control pressure zones has revealed that the policy has led to higher rents and landlords quitting the market. Commissioned by the https://www.ipav.ie/" Institute of Professional Auctioneers and Valuers

EXCLUSIVE: Expert questions official claims that eviction courts backlog 'improving'

EXCLUSIVE: Expert questions official claims that eviction courts backlog 'improving'

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Claims by a Ministry of Justice (MoJ) minister that possession case delays are being addressed have been questioned by leading evictions specialist Landlord Action. In response to a question from Conservative MP Theresa Villiers, MoJ Parliamentary Under Secretary of State James

EXCLUSIVE: How agents and landlords are 'taking risks' when sharing referencing info

EXCLUSIVE: How agents and landlords are 'taking risks' when sharing referencing info

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An investigation by LandlordZONE into data privacy within the private rental sector has revealed how many letting agents and landlords are sharing information about tenants' referencing information in contravention of GDPR regulations. In particular, many

'Selling properties with tenants in situ is best way to reduce Section 21 evictions'

'Selling properties with tenants in situ is best way to reduce Section 21 evictions'

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Instead of abolishing Section 21 the government should encourage landlords to keep their tenants when they sell rather than via 'vacant possession', a leading landlording expert has claimed during a podcast with TV star Phil Spencer. Property Tribes Vanessa Warwick (main pic)

Is commercial property a good hedge against inflation?

Is commercial property a good hedge against inflation?

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Commercial real estate has the advantage of providing landlords with a high income return, generally a higher yield than residential property, thats providing your tenants remain, rents can be increased regularly to keep pace with inflation, and where finances are involved, interest rate

What is the future of commercial real estate law?

What is the future of commercial real estate law?

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SearchFlow one of the biggest conveyancing search providers in England and Wales has over 2,500 legal clients and conducts more than 1 million searches every year. On the 17th of May SearchFlows web seminar will brings together leading lawyers and practitione

New rental portal to track landlords and properties

New rental portal to track landlords and properties

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England’s new private rental portal to track landlords, properties, compliance & disputes—enhancing transparency and enforcement.

SHOCK drop in number of HMOs blamed on growth of council licensing schemes

SHOCK drop in number of HMOs blamed on growth of council licensing schemes

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HMO numbers in England have dropped by 3% during the past 12 months many landlords offloaded their buy-to-let stock instead of negotiating more legislative hurdles. Market analysis by Octane Capital reveals that while there were 511,278 HMOs in 2019/2020, this fell to 497,884 in