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Experts join forces to share knowledge and raise redress standards

Experts join forces to share knowledge and raise redress standards

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The Property Redress Scheme's (PRS) advisory panel has chosen experts from across the sector to join its new member panel. The UKs largest lettings redress scheme, covering more than 13,250 letting agency branches, launched the panels as new, open, and transparent forums to b

Bid to ditch stamp duty benefit for BTL investors thrown out by MPs

Bid to ditch stamp duty benefit for BTL investors thrown out by MPs

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MPs have voted against an amendment to prevent a tax cut from applying to buyers of second and additional homes. During a debate on the Stamp Duty Land Tax (Reduction) Bill, Opposition Treasury Secretary Abena Oppong-Asare said that a clause which increases the threshold for peo

The average UK household will lose over �2,000 in income this year

The average UK household will lose over �2,000 in income this year

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According to a new report just out by the Resolution Foundation (RF), UK households face a torrid time in the coming months in what is going to be the worst cost-of-living crisis in living memory. Its the aftermath of a Covid pandemic that involved massive Government borrowin

Large fall in rent repayment cases as councils also scupper tenants' chances

Large fall in rent repayment cases as councils also scupper tenants' chances

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https://www.landlordzone.co.uk/news/judge-slams-arrogant-landlord-after-illegal-eviction-of-tenant-during-covid/" Rent Repayment Order (RRO) applications dropped significantly last year as tenants were put off by more restrictive Upper Tribunal and Court of Appeal decisio

Greater Manchester plea to sort out broken housing system

Greater Manchester plea to sort out broken housing system

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Housing groups across Greater https://www.landlordzone.co.uk/news/latest-manchester-landlords-given-last-chance-to-comment-on-licensing-expansion/" Manchester have urged MPs and local policymakers to step in and protect tenants from eviction, warning that the system is no

Commercial landlords struggle to see return on their investment

Commercial landlords struggle to see return on their investment

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Commercial capital property values fell 13% last year as rising interest rates impacted the sector, with industrial units taking the biggest hit. https://www.cbre.co.uk/" CBRE s monthly figures show values down 3% in December and annual total returns down by

Tenants forking out more for homes as rental price rises bite

Tenants forking out more for homes as rental price rises bite

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Private renters are facing an increase in housing costs, with rental price growth at its highest rate in the UK since records began in 2016. About a quarter (26%) of all renters (both private and social) surveyed between 7th and 18th December reported that their rent payments ha

BLOG: Ignoring deposit protection law can ruin some landlords - so seek advice

BLOG: Ignoring deposit protection law can ruin some landlords - so seek advice

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As landlords, we all know there is a wealth of legislation that we need to wrap our heads around to maintain compliance throughout the lifespan of a tenancy. Gas safety, energy efficiency, electrical safety, legionella risk assessments, insurances, prohibited payments, How to Rent, Right to

Landlords can no longer obstruct broadband upgrades

Landlords can no longer obstruct broadband upgrades

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New laws will make it easier for broadband companies to gain access to thousands of https://www.landlordzone.co.uk/news/latest-mps-gives-tenants-new-rights-to-have-high-speed-broadband-kit-installed-in-blocks/" blocks of flats across England and Wales. The Tel

Helping homeless to move on could be right up landlords' street

Helping homeless to move on could be right up landlords' street

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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

December dip makes small dent in rising house prices

December dip makes small dent in rising house prices

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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

Industry finds holes in energy scheme's bid to cut bills

Industry finds holes in energy scheme's bid to cut bills

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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

Get a move on with PRS reforms, council tells Gove

Get a move on with PRS reforms, council tells Gove

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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

Business rates revaluation 2023 will hit small retailers hardest

Business rates revaluation 2023 will hit small retailers hardest

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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

Modest drop in rental costs heralds busy start to the year

Modest drop in rental costs heralds busy start to the year

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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

Good relationships will make all the difference in a challenging year

Good relationships will make all the difference in a challenging year

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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

Ban for letting agent who claimed £100K in Bounce Back loans

Ban for letting agent who claimed £100K in Bounce Back loans

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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

Majority of landlords will have to raise rents next year 'by at least 10%'

Majority of landlords will have to raise rents next year 'by at least 10%'

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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

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Rental market reaching crisis point as 'perfect storm' hits landlords and tenants

Rental market reaching crisis point as 'perfect storm' hits landlords and tenants

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Landlord Actions Paul Shamplina (main picture) has explained to Radio 4 listeners how an almost broken court system and higher interest rates are driving a rush in Section 21 evictions before rent reform laws kick in. Speaking on the https://www.bbc.co

Tenants pocket �16,000 after landlord and agent's regulatory mistakes

Tenants pocket �16,000 after landlord and agent's regulatory mistakes

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A landlord has failed to convince a court that stress and financial difficulties excused her from paying a rent repayment order. Instead, Jaya Sanahs four tenants will share �16,191 after ahttps://www.landlordzone.co.uk/tag/first-tier-property-tribunal-2...

Details on higher EPC ratings for PRS a long way off, admits energy minister

Details on higher EPC ratings for PRS a long way off, admits energy minister

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Landlords are to wait many more months to find out the details of Government proposals to raise the minimum Energy Performance Certificate for rented properties. Energy minister Andrew Bowie (main picture) has admitted during a Lords debate that progress h

Lloyds Bank's plans to build 'thousands' of rental homes prove over optimistic

Lloyds Bank's plans to build 'thousands' of rental homes prove over optimistic

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Lloyds has grown its rental portfolio to 1,000 properties and has another 700 in the pipeline as it bids to become one of the UKs biggest landlords, albeit far off its original objectives. The bank has some way to go if the publicly-owned institution is to meet its target of

Landlord secures huge victory in �18,000 Rent Repayment Order case

Landlord secures huge victory in �18,000 Rent Repayment Order case

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An Upper Tribunal has slashed a landlords Rent Repayment Order by �16,000 after taking pity during an appeal hearing on her precarious financial position�. A First Tier Property Tribunal https://assets.publishing.service.gov.uk/media/6239f607e90e07799cd3de67/LO

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

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

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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%

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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

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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'

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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

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

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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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?

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Practical ways landlords can boost property energy efficiency, cut costs, and meet EPC rules.

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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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. </