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Mortgage deal shock from leading BTL broker

Mortgage deal shock from leading BTL broker

News

The Mortgage Works (TMW) has shaken up the BTL lending market by making improvements to the affordability assessment applied to portfolio landlords.

ANALYSIS: New Government funded schemes to help tenants with legal issues

ANALYSIS: New Government funded schemes to help tenants with legal issues

News

New Government schemes that are offering advice to help tenants with legal issues

Big boiler firm's green claims to face official investigation

Big boiler firm's green claims to face official investigation

News

The Competition and Markets Authority (CMA) is scrutinising green claims from boiler maker Worcester Bosch to see if they mislead landlords.

Renting reform bill to progress next week - claim

Renting reform bill to progress next week - claim

News

The Renters Reform Bill is expected to get its second reading on Monday, heralding a huge shake-up of the sector after four years in the planning.

Leading landlord welcomes Rishi's U-turn on 'mental' EPC rules

Leading landlord welcomes Rishi's U-turn on 'mental' EPC rules

News

A leading landlord has welcomed the Government’s recent U-turn on EPCs, telling a webinar this week that he was facing a ‘crazy’ bill to upgrade his portfolio of properties to the minimum ‘C’ band.

'Renting reforms are worrying landlords, but it's not a stampede to quit'

'Renting reforms are worrying landlords, but it's not a stampede to quit'

News

A quarter of landlords are to sell some of their property portfolio in the coming months but not in the volumes previously claimed, a big letting agency has claimed.

Minister rejects call to give landlords green upgrade tax breaks

Minister rejects call to give landlords green upgrade tax breaks

News

Energy Security and Net Zero Secretary Claire Coutinho (main picture) has rejected the idea of tax breaks for landlords to pay for green upgrades.

Council to begin fining rogue landlords £30,000

Council to begin fining rogue landlords £30,000

News

Harlow Council in Essex aims to take a harder line with private landlords by introducing civil penalties as an alternative to prosecution.

'I blame rental market stock crisis on mortgage interest relief withdrawal'

'I blame rental market stock crisis on mortgage interest relief withdrawal'

News

Landlord leader Ben Beadle has pinned the shortage of private rental sector homes squarely on the Government, saying George Osborne’s decision in 2015 to cut mortgage interest tax relief for landlords has been the key driver of the current stock crisis.

Tenants on benefits given more backing to fight evictions

Tenants on benefits given more backing to fight evictions

News

Tenants on benefits will get more help when paying court fees during evictions and claiming Rent Repayment Orders after the government expanded its Help with Fees scheme.

Northern town to clamp down on landlords converting homes to HMOs

Northern town to clamp down on landlords converting homes to HMOs

News

Burnley Council has launched plans to clamp down on landlords converting homes into small HMOs.

BLOG: Are the Tories still game for renting reform?

BLOG: Are the Tories still game for renting reform?

Opinion

PRS chief Sean Hooker relects on the bumpy ride landlords face in the coming months, and how they can get prepared for the changes.

Landlord mortgage costs leap to nearly 40% of rental income

Landlord mortgage costs leap to nearly 40% of rental income

News

The average mortgaged landlord paid 37% of their rent on mortgage interest in August, up from a low of 24% in November 2021, according to Hamptons.

30 campaigning groups write to Rishi urging landlord reforms

30 campaigning groups write to Rishi urging landlord reforms

News

Thirty charities and non-profit organisations have written to the Prime Minister urging him to ensure the Renters Reform Bill is passed during this Parliament.

Property 'dating service' for landlords and tenants launches

Property 'dating service' for landlords and tenants launches

News

A WhatsApp-style ‘dating service’ designed to marry up landlords and tenants has launched seeking to simplify London’s ‘chaotic’ private rented sector and rival established portals such as Rightmove and Zoopla.

40 per cent of tenants are struggling with rent payments

40 per cent of tenants are struggling with rent payments

News

There’s now a significant proportion of adults in the UK struggling to meet their rent or mortgage payments

Buy-to-let profits nosedive for new buyers

Buy-to-let profits nosedive for new buyers

News

Landlords who took out a new mortgage between April and June this year made an annual cash loss for the first time since 2007.

Absentee landlord handed fine for ignoring tenants

Absentee landlord handed fine for ignoring tenants

News

A landlord who ignored improvement notices on his two unlicensed properties has been handed a £15,000 fine by magistrates.

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Tenants to gain legal right to keep pets in rental homes

Tenants to gain legal right to keep pets in rental homes

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Under the Renters' Rights Bill, tenants can request to keep pets, with landlords required to respond within 28 days and may require pet insurance.

BREAKING: Government to require landlords to adapt communal areas for disabled tenants

BREAKING: Government to require landlords to adapt communal areas for disabled tenants

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The Government wants to make it a 'duty' for landlords to respond to requests from disabled tenants to make communal spaces outside their homes more accessible. A consultation on the proposals has been launched by equalities minister Kemi Badenoch (main pi

OPINION: Has the Prime Minister's landlord bashing gone too far this time?

OPINION: Has the Prime Minister's landlord bashing gone too far this time?

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It may have gone unnoticed by many landlords that Boris Johnson made one of the most extraordinary attacks on the sector in living memory last week. And it is fair to say, one of the most unfair. Most landlords have become accustomed to the government's frosty rhetoric over the

EXCLUSIVE: New guidance to make EPCs more accurate after 10-year wait

EXCLUSIVE: New guidance to make EPCs more accurate after 10-year wait

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The government has finally updated the guidance it provides to property assessors on how to calculate EPCs for new homes and, in six months time, for existing homes too. This is the first time the methodologies of calculation have been updated for almost ten years for t

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

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

BREAKING: wrong time to raise taxes, but I'm going after buy-to-let landlords anyway...

BREAKING: wrong time to raise taxes, but I'm going after buy-to-let landlords anyway...

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In an apparent re-run of Harold Wilsons 1970s investment income tax surcharge, Labour plan to re-introduce such an additional layer of tax to what is termed unearned income�. The Wilson Labour government applied an investment income surcharge of 15% and kept the top rate