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INTERVIEW: Why one of UK's biggest PRS landlords sold off their properties

INTERVIEW: Why one of UK's biggest PRS landlords sold off their properties

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Scots entrepreneurs Graeme and Leanne Carling were one of the most successful landlords of the late noughties, taking advantage of the weakness in the property market following the global financial crash to build a bricks-and-mortar empire worth �200 million. This made their co

Serco offers attractive deal to landlords for asylum housing

Serco offers attractive deal to landlords for asylum housing

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Serco offers landlords guaranteed rent, free maintenance, and no void periods in five-year leases to house asylum seekers.

LATEST: New Housing Minister is a landlord as Gove clears out Truss appointees

LATEST: New Housing Minister is a landlord as Gove clears out Truss appointees

News

Landlords might have found themselves an ally in the newest minister at the Department for Levelling Up, Housing and Communities. Lucy Frazer - the latest MP to join returning boss https://www.landlordzone.co.uk/tag/michael-gove/" target="_blank" Mic

Firms involved in �2.4 million property investment scam are shut down

Firms involved in �2.4 million property investment scam are shut down

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A group of companies involved in substantial property investment scams has been wound up by the High Court and an official received appointed to liquidate the four firms involved. These are Sentor Solutions Commercial Ltd , Fabcourt Deve

RICS survey indicates global downturn in commercial property market

RICS survey indicates global downturn in commercial property market

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The RICS global Commercial Real Estate Market Monitor (Q3 2022) is indicating that the sector is in the early stages of a downturn. Thats according to around 81% of the surveys respondents in Q3 2022. It marks a significant increase from the previous quarter sample when just 11% of th

Landlord vents anger at councils who tell bad tenants to ignore eviction notices

Landlord vents anger at councils who tell bad tenants to ignore eviction notices

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A concerned landlord has shared his frustration at the way councils manage problem tenants facing eviction by telling them to stay put while they are found alternative accommodation, informing the tenants that they will be making themselves 'intentionally homeless' if they move out. <p i

London rents rise faster than inflation to �1,499 a month as tenants fight over flats

London rents rise faster than inflation to �1,499 a month as tenants fight over flats

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Continued demand for detached properties and a post-Covid resurgence in rent for flats has pushed annual increases in London above inflation. Average rents have accelerated by 4% to �1,499 during Q3 more than double the previous quarters rise and up 11% (�160) highe

LATEST: 'Rishi' effect kicks in as mortgage rates begin to reduce

LATEST: 'Rishi' effect kicks in as mortgage rates begin to reduce

News

The Rishi effect has started to impact mortgage rates just a day after the new PM was announced. As former Chancellor Rishi Sunak moves into number 10, some lenders have announced plans to drop their rates from tomorrow; Coventry Building Society is reducing its new busine

City to fine landlords up to �5,000 for failing to attain EPC E rating for properties

City to fine landlords up to �5,000 for failing to attain EPC E rating for properties

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Nottingham landlords could face a �5,000 fine if their property doesnt have an EPC E rating as the city council bids to crack down on cold homes. The authority has agreed to adopt financial penalties under the Energy Efficiency (Private Rented Property in Engla

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Rogue landlord duo hit with £90,000 fines after e-bike fire

Rogue landlord duo hit with £90,000 fines after e-bike fire

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A rogue landlord duo has been fined more than £90,000 for safety offences that led to the death of one of their tenants in a fire.

Rogue landlords are not always who they seem…

Rogue landlords are not always who they seem…

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Not all poor housing standards are in the private sector, many social landlords have problems reaching the new higher standards

House prices dip as buyers brace for higher stamp duty

House prices dip as buyers brace for higher stamp duty

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House prices dipped by 0.1% in February, but annual growth held steady at 2.9%, with the cost of an average property down £213 to £298,602.

Letting agents urge peers to listen to their concerns ahead of the Renters’ Rights Bill committee stage in the House of Lords

Letting agents urge peers to listen to their concerns ahead of the Renters’ Rights Bill committee stage in the House of Lords

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Letting agents have urged peers to listen to their concerns ahead of the Renters’ Rights Bill committee stage in the House of Lords.

More councils will launch selective licensing if 20/20 rule is ditched, legal expert warns

More councils will launch selective licensing if 20/20 rule is ditched, legal expert warns

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A legal expert has warned that ditching the 20/20 rule around selective licensing will prompt more councils to launch or expand schemes.

Tenants complain less about their landlords in reality, new survey suggests

Tenants complain less about their landlords in reality, new survey suggests

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Tenants complain less about their landlords in reality, a new survey has suggested.

Rent campaigners block bailiffs from evicting disabled man from home

Rent campaigners block bailiffs from evicting disabled man from home

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Protesters have managed to block bailiffs from evicting a couple who had been handed a Section 21 notice.

Tenants reveal how they feel about renting in Total Property’s survey

Tenants reveal how they feel about renting in Total Property’s survey

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Only 17% of tenants feel more supported by the Labour Government than they did under the Tories, despite the ambitions of the Renters’ Rights Bill, while the same number feel less supported.

Half of Property Redress cases resolved through early resolution

Half of Property Redress cases resolved through early resolution

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Half of all cases received by Property Redress last year were resolved through early resolution, despite a 20% rise in complaints.

LATEST: Abolishing Section 21 notices will take at least until late 2021 to become law

LATEST: Abolishing Section 21 notices will take at least until late 2021 to become law

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LandlordZONE understands that the huge task of sifting through 1,000's responses to the governments consultation on evictions reform, and the likely long process of getting the law through Parliament, will take at least 18 months. Landlo

Property expert David Lawrenson looks back on the 2010s...

Property expert David Lawrenson looks back on the 2010s...

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Private Rented Sector Consultant a private rented sector consultant at letting focus and tenants renting guide David Lawrenson

Birmingham introduces city-wide HMO restrictions

Birmingham introduces city-wide HMO restrictions

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Article 4 direction : Birmingham CityCouncil is introducing a city-wide direction for houses in multipleoccupation (HMOs) from 8 June 2020. An Article 4planning direction means that planning approval will be required forthe conversion of a famil

Capital gains 'Letting Relief'� rule change from April...

Capital gains 'Letting Relief'� rule change from April...

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Capital Gains Tax: Owners of second homes and buy-to-lets that they have previously lived in should be aware that as from April 2020 the tax relief period allowed against capital against tax (CGT) will be reduced. As it is a present,when you se

Terminating a Letting Agent's Contract

Terminating a Letting Agent's Contract

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Letting Agent Contracts: One common question asked by landlords is, "how do I terminate my relationship with my letting agent?"For one reason or another, landlords sometimes wish to end their relationship with their letting agent and want to know how to go about it.Requests

Labour plans would challenge buy-to-let investors and second-home owners...

Labour plans would challenge buy-to-let investors and second-home owners...

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General Election: Part of Laboursbid to be elected on 12th December is a raft of taxraising measures aimed at buy-to-let landlords and second homeowners. Jeremy CorbynsLabour party manifesto launch last week outlined a n

Controlling moisture and condensation in homes

Controlling moisture and condensation in homes

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Condensation andmould : This time of year,as the temperature drops, both new homes and old homes aresusceptible to the formation of condensation and unsightly mould: newhomes because they are effectively a sealed box, and old homesbecause they often lack ef

Winter Proof Your Rental Properties

Winter Proof Your Rental Properties

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The colder weather is here again, its that time of year coming; you feel that cold chill in the air, the snow and ice will soon arrive, and you know its time to get out that winter coat, scarf and gloves.You also know that cold wet weather on the way will test your rental properties and tenant

Portfolio landlords now average 13 properties

Portfolio landlords now average 13 properties

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Portfolio Landlords: Buy to let lender Paragons recent research shows that professionaland larger-scale landlords are still investing and are increasing the size oftheir portfolios through more targeted investments. With an average portfolio

Tenants can sue landlords for cold or damp homes under new laws

Tenants can sue landlords for cold or damp homes under new laws

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New rules that came into force in March allow https://www.independent.co.uk/news/business/news/landlords-sue-cold-damp-homes-law-tenants-renting-housing-a8776671.html" tenants to sue landlords for issues like cold and damp. A broken heating system or poor ventilation that

Don't fall foul of the authorised guarantee agreement...

Don't fall foul of the authorised guarantee agreement...

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Commercial Property : A recent High Court decision in Co-Operative Group Food Ltdv. A&amp;A Shah Properties Ltd (2019) relates to an authorised guaranteeagreement (AGA) dispute, in this case an agreement involving a guarantor of theoutgoing tenant. <p id

Section 21 to be banned in the UK

Section 21 to be banned in the UK

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The Government has announced its intention to scrap Section 21 notices for eviction in an effort to offer tenants more long-term security.

New service charges rules in commercial property

New service charges rules in commercial property

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Commercial: A new set of mandatory rules introduced from 1stApril 2019 and though the document itself is titled a first edition, itsupersedes 3 previous editions published as codes of practice. The RICS (Royal Institution of Ch

Security & Locks - Buy to Let Renovation & HMO Projects

Security & Locks - Buy to Let Renovation & HMO Projects

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Security: Renovating a buy-to-let property can be a great way for landlords to increase the rental income

My tenant left without telling me...

My tenant left without telling me...

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Abandonment: When times get hard the instances of tenants leaving without notice are known to increase. Doing a runner�, skipping� moonlight flitting� walking away� or gone away� and in the words of the immortal song;

What happens if someone other than the tenant pays the deposit?

What happens if someone other than the tenant pays the deposit?

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Tenancy Deposits: According to TDS (Tenancy Deposit Scheme) less than 1% (0.85%) of tenancies they handle have resulted in a deposit dispute in the year to March 2018, nevertheless its important to get it right when dealing with tenants' deposits.Cleaning was the most com

The Condensation Conundrum

The Condensation Conundrum

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Viewpoint by Tom Entwistle As winter approaches outside temperatures drop and the perennial landlords problem of winter condensation and black mould rear their ugly heads again.The question is, how do you know if this is caused by the building or the tenant, or is it a co

Tax on income from lodgers and short stay tenants

Tax on income from lodgers and short stay tenants

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Landlords' Tax: Internet sites, such as AirBnB, have increased the number of landlords letting to lodgers and to guests on short stays. There are specific tax benefits to this type of letting business which are expanded upon below.Furnished holiday letting</st

Section 21 Notices - for older tenancies in England

Section 21 Notices - for older tenancies in England

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Section 21: Most tenancies will never require the service of a Section 21, Housing Act 1988, (eviction) notice. However, on those occasions when it does become necessary, and you just never know, landlords (and agents) will thank their lucky starts they complied with the rul

Asbestos and Your Responsibilities as a Landlord

Asbestos and Your Responsibilities as a Landlord

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Asbestos:Asbestos regulations were last updated in 2012 , bringing the UK in line with EU regulations, which means the current regulations have been in place long enough for most

The importance of a Tenancy Application Form

The importance of a Tenancy Application Form

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The Application Form You should always use a comprehensive Tenancy Application Form when taking on a new tenant. You need a completed application for each adult tenant in the property.The Tenancy application form is a very important starting point for any residential or comm

Assured Shorthold Tenancy Ends

Assured Shorthold Tenancy Ends

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End of an AST: Questions: What happens when an Assured Shorthold Tenancy (AST) comes to an end? Will the tenant have to leave or does she need to sign a new agreement? What if a tenant wants to leave early? How long can a periodic tenancy last?When the fixed term (minimum of

Freehold, Shared Freehold or Leasehold?

Freehold, Shared Freehold or Leasehold?

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Landlords often buy flats which are either Leasehold or Shared Freehold. What are these tenures and what should landlords look out for in these different forms of ownership?Leasehold is one of three forms of tenure (property/land ownership) almost exclusively peculiar to the United Kingdom, thoug

My Tenant Won't Allow Access!

My Tenant Won't Allow Access!

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Landlord's Access to Property: Many landlords will have experienced a tenant denying them access to a property - whether for an inspection, viewings or legal duties. Its easy to understand the view of Its my property, I can enter when I want, but unfortunately th

New Section 21 Rules

New Section 21 Rules

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New Rules for Section 21 :Landlords and Agents need to be aware of the changes affecting Section 21 rules and Notices and other changes for the letting of residential properties in England (and in many cases Wales) introduced during 2015 . This article explains the new rules