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Landlord pays �40,000 fine after large HMO 'put tenants at risk'

Landlord pays �40,000 fine after large HMO 'put tenants at risk'

News

A landlord in Norfolk has payed fines totalling �40,000 after he was found to have housed tenants in a way that put tenants at risk. Issues were reported at the Watton property (pictured) to Breckland Council last year, which prompted an inspection by officers who found a block

BREAKING: Landlords face higher mortgage costs as base rate rises by 0.5%

BREAKING: Landlords face higher mortgage costs as base rate rises by 0.5%

News

The Bank of England has this lunchtime raised its base rate by 0.5% as the venerable institution fights to bring down inflation, which yesterday was revealed to be sticking stubbornly at 8.7%, way above the bank's target of 2%. Commentators and mortgage holders alike had hoped t

Welsh minister backs review of existing higher stamp duty rates for landlords

Welsh minister backs review of existing higher stamp duty rates for landlords

News

Welsh Minister for Climate Change Julie James has backed the NRLAs call for a review of property taxation in the PRS. Speaking at thehttps://www.landlordzone.co.uk/news/breaking-landlords-tell-housing-minister-face-to-face-that-sector-needs-support/" <strong i

Treasury chief says landlords and homeowners 'will not get mortgage help'

Treasury chief says landlords and homeowners 'will not get mortgage help'

News

The Treasury has confirmed that it will not introduce tax relief on mortgage interest payments for either homeowners or landlords despite the ongoing mortgage cost crisis. As we https://www.landlordzone.co.uk/news/mortgages-landlord-tells-bbc-how-payments-have-tripled-o

New report hails growth of institutional build-to-rent

New report hails growth of institutional build-to-rent

News

JLL's latest report highlights the rapid growth of institutional Build-to-Rent (BTR) in the UK, with over 82,000 homes completed and rising demand.

BE WARNED: Why keeping records is so important for landlords

BE WARNED: Why keeping records is so important for landlords

News

Suzy Hershman (main picture), Resolution Department Lead at HFIS, examines a shocking case her team dealt with recently and highlights what landlords can learn from it . The case</h4>A landlord with a four-bedroom property i

Famous landlord to pay �166,000 legal costs after losing court claim

Famous landlord to pay �166,000 legal costs after losing court claim

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Multi-millionaire landlord Judith Wilson (main picture, inset) has been hit with a �166,000 court bill after losing a legal battle against Tonbridge and Malling Borough Council. Wilson, wife of the controversial Fergus, who was once dubbed Britains

VIDEO: 'Best landlord in UK' gives unusual advice to other investors about profits

VIDEO: 'Best landlord in UK' gives unusual advice to other investors about profits

News

Treat tenants like customers and stop thinking about profit if you want to make a success of property investing - thats the advice of lettings and landlord professional Tom Soane, who boasts that its made him the 'best landlord in the UK'. Your property is a product, te

Landlords across UK given more time to find out about licencing launches

Landlords across UK given more time to find out about licencing launches

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Councils have been given three months longer to launch selective licencing schemes, new Government guidance has revealed. An update to the Department of Levelling Up, Housing and Communities advice to local authorities considering or planning a selective licencing scheme has

NEW: Former rental properties now account for 11% of homes for sale

NEW: Former rental properties now account for 11% of homes for sale

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More than 1 in 10 (11%) homes for sale on Zoopla are former rental properties after private landlords faced with tax changes and higher borrowing costs have rationalised their portfolios or quit the market. Before the pandemic, half of these homes for sale returned to th

MORTGAGES: Worried landlord tells BBC how his payments have tripled

MORTGAGES: Worried landlord tells BBC how his payments have tripled

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Paul Bradley, a landlord with a single rental property in North London, has told the BBC how the ongoing mortgage crisis has seen his monthly interest-only loan payments triple over the past 12 months. His case illustrates vividly the significant challenges that the approximatel

Tenant Referencing Failures Surge Amid Cost-of-Living Crisis

Tenant Referencing Failures Surge Amid Cost-of-Living Crisis

News

Rising cost of living causes tenant referencing pass rates to drop from 35% to 25%, increasing rental risk for landlords, reports Housing Hand.

Powerless councils could make or break reforms, says Labour MP

Powerless councils could make or break reforms, says Labour MP

News

A Labour MP has called on the government to extend notice periods from two to four months to prevent landlords from unjustly evicting tenants. <figure id="" class="w-richtext-figure-type- " data-rt-type="" data-rt-align=""><div><img src="https://cdn.prod.website-files.com/63bef2f3c329eff8e3

Licencing scheme off to weak start after only a third of landlords register

Licencing scheme off to weak start after only a third of landlords register

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Only one-third of Oxfords private rental properties have been registered for its city-wide selective licensing scheme and could soon face steeper fees or a hefty fine. The scheme, which launched last September, has received more than 10,500 licence applications from the 3

Landlord pleads with council to consider HMO tenants as housing shortages bite

Landlord pleads with council to consider HMO tenants as housing shortages bite

News

An https://www.landlordzone.co.uk/news/braverman-under-pressure-to-reverse-outrageous-new-hmo-rules-for-asylum-seekers/" HMO landlord says desperate new tenants are moving in hours after the previous tenants leave due to a dearth of available properties. In he

'Despicable fraudster' gets eight-year ban for stealing landlords' deposits and rent

'Despicable fraudster' gets eight-year ban for stealing landlords' deposits and rent

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A letting agent who ripped off dozens of landlord clients has been banned from being a company director for eight years. https://www.landlordzone.co.uk/news/letting-agent-who-stole-80000-from-dozens-of-landlords-admits-fraud/" Frank Smart , 46, the owner of Sma

Landlords encouraged to sell this month as property prices rise by 0.2%

Landlords encouraged to sell this month as property prices rise by 0.2%

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In a market where interest rates are sky high, tax bills are extortionate and mortgage payments are higher than rents, coupled with a backlog of refurb costs and difficult tenant situations, landlords are rushing to cash in and sell their property portfolios. If you were a landl

REFORM: 'We need legislation that works with landlords, not against them'

REFORM: 'We need legislation that works with landlords, not against them'

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With one in five households now renting, the private rented sector is an essential part of the housing market. As the government has reduced its housebuilding strategy for all local authorities from mandatory to advisory, with some councils scrapping targets all together, the ho

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Government admits PRS is in trouble as supply dwindles

Government admits PRS is in trouble as supply dwindles

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Government acknowledges private rental sector shortage, pledges action to boost housing supply amid growing demand and affordability concerns.

Legal: Commercial landlord regains possession against opposition...

Legal: Commercial landlord regains possession against opposition...

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In the case of B&amp;M Retail Ltd v HSBC Bank Pension Trust (UK) Ltd [2023], The Central London County Court was asked to rule on a claim for possession by the landlord under the rules of the Landlord and Tenant Act 1954. The landlord was seeking possession against the tenant

Crunch time for PRS revealed as increasing numbers of 'pioneer' landlords retire

Crunch time for PRS revealed as increasing numbers of 'pioneer' landlords retire

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Thousands of landlords who entered the private rented sector following the introduction of dedicated buy-to-let mortgages in 1996 are now retiring in increasing numbers, it has been revealed. Research by estate agency Hamptons reveals that some 140,000 landlords retired in 2022,

Landlord mortgage costs rising faster than rent rises, research shows

Landlord mortgage costs rising faster than rent rises, research shows

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Barrows and Forrester reports UK landlords' mortgage costs rose 20–45% since 2021, outpacing rent increases, squeezing rental yields.

Consultation reveals majority of residents oppose wider selective licencing

Consultation reveals majority of residents oppose wider selective licencing

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Plans to bring in a vast new selective licencing scheme within Brent have been given a resounding thumbs down from both landlords and, surprisingly, the London boroughs residents too. <figure id="" class="w-richtext-figure-type- " data-rt-type="" data-rt-align=""><div><img src="https:

AIRBNB: Tory 'free marketeers' attack Gove over short-lets clamp-down

AIRBNB: Tory 'free marketeers' attack Gove over short-lets clamp-down

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Michael Goves plans announced yesterday to require owners of holiday lets in tourist hotspots to get planning permission for their properties has not gone down well in some quarters of the Conservative party. The https://www.landlordzone.co.uk/news/breaking-governmen

Portsmouth HMOs face council tax re-banding surge

Portsmouth HMOs face council tax re-banding surge

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Landlords locked in a battle with Porsmouth council over its approach to shared houses have branded its recent planning decisions an anti-HMO campaign. Trouble has been brewing the city since councillors on its planning committee began overriding the councils own planni

EXPERT: Why are so many agents and landlords ignoring fees law?

EXPERT: Why are so many agents and landlords ignoring fees law?

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Experts highlight widespread non-compliance with the Tenant Fees Act 2019, with many landlords and agents unlawfully charging prohibited fees.

Planning permission for short-lets proposed in popular areas

Planning permission for short-lets proposed in popular areas

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Government to curb Airbnb boom by introducing planning permission for short‑lets in England’s holiday hotspots.

High Street banks will be gone by 2025

High Street banks will be gone by 2025

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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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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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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

BREAKING: Landlords now covered by cladding fund - but NOT portfolio operators

BREAKING: Landlords now covered by cladding fund - but NOT portfolio operators

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Landlords who own flats hit by the cladding scandal will be covered by the remediation fund, the government has announced. However, portfolio landlords have been left out, with property experts suggesting that this omission will mean work will be held up and their flats could be

OPINION: The consequences of abolishing Section 21

OPINION: The consequences of abolishing Section 21

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Drummed up by popular media horror stories, egged on by the homelessness charities, the ban Section 21� band waggon kept on rolling until eventually the politicians saw it would be politically advantageous to jump aboard. What is Section 21 <p id="

OPINION: Why the EPC rating system needs fixing

OPINION: Why the EPC rating system needs fixing

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The governments controversial policy of phasing out natural gas boilers in favour of heat pumps, in its drive to meet internationally agreed energy efficiency targets, could be stymied because of an out of date EPC algorithm. Regardless of the fact that many older poorly insu

AIRBNB: Westminster to step-up war against 'nuisance' short-term lets landlords

AIRBNB: Westminster to step-up war against 'nuisance' short-term lets landlords

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Westminster Council has launched a spirited campaign to stop central London being overrun by nuisance short-term lets booked chiefly through Airbnb. It is lobbying the government to follow Paris and Amsterdams lead whose authorities have clamped down on problem properties. </

Landlord insurance premiums driven up by inflation

Landlord insurance premiums driven up by inflation

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After two decades of low property insurance premium rates, prices are being driven up by inflation. Steve Barnes, Associate Director at https://hamiltonfraser.co.uk/landlord-insurance/?utm_source=landlordzone&utm_medium=article&utm_id=lz+feb22+insurance+rising" target="_blank" id="

Japanese knotweed, danger is downgraded...

Japanese knotweed, danger is downgraded...

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The large herbaceous perennial with its bamboo-like appearance became infamous in Britain for its threat to buildings. Its rapid growth, its size and most importantly the damage it can do, made it the villain of the horticultural world, and it became feared by property owners and mortgag

National rogue landlord database hits 'new high' of just 61 names

National rogue landlord database hits 'new high' of just 61 names

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Four years after it was launched, the number on the Rogue Landlord database has only crept up to 61 out of the thousands claimed to be operating within the private rental sector, the latest government figures show. Asked by opposition MP Gill Furniss to provide an update, Housin

Coming changes to 'feudal'� leasehold laws to favour flat owners

Coming changes to 'feudal'� leasehold laws to favour flat owners

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Flat owners (leaseholders) only own their leasehold property for a fixed period of time and during that period they pay ground rent and service charges to the freeholder (landlord). Theres always a long-lease agreement, a detailed legal tenancy agremeent between the leasehold

LATEST: Luton finally brings in blanket HMO licensing after years of problems

LATEST: Luton finally brings in blanket HMO licensing after years of problems

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Luton Council has finally got its act together and revealed blanket HMO licensing for the town after a number of false starts over the last few years. HMOs of any size will now need a licence under its additional scheme which launches on 1st April, while all privately rented pro

Legal case: a question of leaseholders' rights to manage the full estate

Legal case: a question of leaseholders' rights to manage the full estate

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The Commonhold and Leasehold Reform Act 2002 provides a right for leaseholders to acquire the freehold landlords management functions by transfer to a company set up by them the Right To Manage (RTM) company. The thinking behind the right was to empower leaseholders. The

BREAKING: Landlord wins key Court of Appeal eviction and deposits case

BREAKING: Landlord wins key Court of Appeal eviction and deposits case

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Appeal Court judges have found in favour of the landlord in the landmark case of Northwood Solihull v Fearn &amp; Ors, preventing a potentially huge logistical headache for landlords and letting agents. The judges ruled that any authorised employee of a landlord or letting agent