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
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
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
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.</
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
Large portfolio 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
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"
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
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�
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
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
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
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
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
Experts Sean Hooker and Kate Faulkner discuss the Renters (Reform) Bill and its impact on landlords and tenants in the private rented sector.
Running a storage rentals business, supplying and letting space for inanimate objects, as opposed to people, is potentially far more lucrative and a lot less troublesome than operating as a residential landlord. The UK self-storage industry has grown steadily over the last twent
At least 410 buy-to-let mortgaged properties were repossessed in the first quarter of 2023, 28% higher than in the previous quarter - the highest level since the start of the pandemic. https://www.ukfinance.org.uk/" UK Finance reports that 970 buy-to-let mortg
A https://www.landlordzone.co.uk/news/court-fines-unlucky-but-rogue-landlord-12000-over-unlicensed-hmo/" rogue landlord who illegally subdivided his property into seven separate flats has been ordered to pay back more than �110,000 through the Proceeds of Crime Act.<br><
London mayor Sadiq Khan says families would save about �3,000 during the next two years if he was given the power to freeze rents in the capital. We are asking government to give us the powers to have rent controls,� he toldhttps://www.bbc.co.uk/iplayer/episode/m0
Chancellor Jeremy Hunt has announced that the government will reverse almost all the tax measures announced in its recent growth plan. While it will still go ahead with cutting stamp duty, a planned 1p cut to the basic rate of income tax will now be shelved indefinitely� wh
The Renters Reform Bill will be introduced during the current parliamentary session, the Secretary of State for Levelling Up, Housing and Communities has told MPs. <figure id="" class="w-richtext-figure-type- " data-rt-type="" data-rt-align=""><div><img src="https://uploads-ssl.webflow.c
This case highlights the dangers of responding to emails (phishing schemes) and social media appeals promising tax rebates and otherwise ways of receiving large pay outs in return for information. Four men were arrested in a coordinated operation across England by over 50 office
The new Chancellor and former Health Secretary Jeremy Hunt has been tasked with sorting out the Kwamiikaze mini budget introduced by his predecessor, who holds the dubious gong of having the 2nd shortest tenure in the job ever. Hunt, who has made two weak
Demand for shared rooms is at an all-time high, while supply has hit a nine-year low, according to flat share site SpareRoom. The shocking figures have also led to average monthly room rents reaching record highs and increasing across every UK region in Q3 2022; Scotland is up 2
AirBnb owners are switching to long term lettings following changes to Scotlands short-term lets laws, according to a leading property firm. In a reverse of the recent trend thats seen scores of landlords ditch tenancies for holiday lets, DJ Alexander says it has been appr
Council tax re‑banding HMOs sparks fury—MP warns Truss-era reclassification in 50+ towns deals tenants a blow.
The Prime Minister has scotched rumours yesterday that she intends to U-turn on the previous Conservative governments commitment to get rid of Section 21 no-fault evictions. During a packed Prime Ministers Questions in the Commons this morning, she confirmed in a ter
The private rented sector wont meet new energy efficiency targets unless the government stumps up more cash for any replacement to the Green Homes Grant, it has been claimed. Latest https://www.gov.uk/government/statistics/english-housing-survey-2019-to-2020-private-
Bury Council in Manchester has adopted new measures to fine landlords up to �30,000 if their properties dont meet the recently-introduced electrical safety standards. Although the standards came into force in June 2020, they had not been adopted and implemented by the counci
A commercial landlord whose building was damaged by two fires has been handed an 18-month suspended prison sentence, it has been reported. Wayne Braund, 52, owner of the former Strachan and Henshaw building in Foundry Lane, Bristol (pictured), admitted six fire safety breaches i
Guide to landlord responsibilities for fire-door safety—learn what checks and maintenance are required to keep your property compliant.
Property investor Rod Turner didnt find the thought of having tenants and being a landlord very appealing, but the turning point came in 2014 when he realised the London market wasnt proving positive for developments and that he needed to hold onto properties long term. As
The Court of Appeal has ruled that landlords are able to evict a tenant whose Assured Shorthold Tenancy commenced before 1st October 2015 even if the prescribed paperwork such an EPC or gas safety certificate have not been served. Most solicitors and landlords h
Tragic tenant death underscores landlords' duty to comply with fire safety laws, including smoke alarms, escape routes, and fire-resistant furnishings
Using a SIPP to invest in commercial property is perfectly possible and many business owners include their business premises in their pension pot, say Tom Entwistle.</h4>The Self-invested Personal Pension (SIPP) rules are quite complex so you need professional advice before embark
A Radio 5 podcast claims that growing numbers of landlords are asking tenants with a lack of renting history or poor credit score to stump up six months rent in advance, exacerbated by the climate of Covid-hit incomes. While the Tenant Fees Act bans most letting fees and caps
Harrow council has renewed its selective licensing scheme in a key ward despite opposition from landlords and the National Residential Landlords Association (NRLA). Under the scheme, all private rented properties in the London boroughs Wealdstone ward will have to pay �580 f
If you buy a rental property with a tenant in place, a sitting tenant�, there are some important issues you need to address.</h4>When a landlord decides to sell a rental property, they have two options: give notice to the tenant and obtain vacant possession before selling, or
Boost your ROI with three proven steps: calculate yields accurately, minimise costs smartly, and stage your property for the best returns.
This week saw LandlordZONE's Paul Shamplina join forces with Landlord Sales Agency's David Coughlin in a packed webinar at The Ultimate Landlord Show. The two Landlord hea
Its a sensitive time to be talking about increasing the rent, but the time will come when this question needs to be addressed </h4>Most landlords have done their utmost to help their tenants through the pandemic crisis, when they can afford it, but as the
Research into the value of the tax relief claimed using the Rent a Room scheme shows huge take-up. </h4>Since 2009, the total value of relief declared as a result of the governments Rent-a-Room Scheme has increased by 187%, according to the latest availabl
It's the upcoming online event that's got everyone talking, and with just days to
New shadow housing minister Lucy Powell has taken aim at the governments failure to protect renters, leaseholders, first-time buyers and local communities, in her maiden speech in the role. During a debate on affordable and safe housing, she told the Commons that its housing
Given that the deposit protection rules were introduced in 2004, most landlords are aware of them by now, but people still fall foul of the rules, says Tom Entwistle. The legislation introduced by the Housing Act 2004 gives tenants and their
A landlord whos been waiting for a court to hear his application to evict a drug-dealing tenant for more than a year fears his case could be further delayed due to a lack of police co-operation, he has told LandlordZONE . CCTV captured the woman letting
By David Coughlin, CEO, Landlord Sales Agency
Rick Gannon became an accidental landlord when his first property was in negative equity and decided to rent it out. Fast-forward a few years and he and wife Lorraine had made a substantial amount on the sale so decided to use the proceeds to buy other properties to rent wit
Salford has given the go-ahead to a new licensing scheme for smaller HMOs in response to a rise in safety problems and resident complaints. The scheme covering the entire city - takes effect on 19th July and costs landlords �1,085 to licence shared homes where three or four
A banned boiler engineer has narrowly avoided jail after producing a fake Gas Safe certificate for a landlord. Jeffrey Lewis, 74, of Ashbourne Road, Cheadle, was asked by a landlord to repair a tenants boiler but failed to tell him he had been banned from carrying out gas wor
Jersey has launched a consultation over plans to outlaw landlords who refuse to rent to tenants with children. Social security minister deputy Judy Martin hopes to amend the Discrimination Law 2013 to protect families looking for homes on the island, which currently doesnt pr
