Chancellor of the Exchequer Rachel Reeves has refused to rule out increasing capital gains tax for landlords selling their rental properties during interview with a US business TV channel.
A business consultancy has warned that London’s high rents mean many companies in the capital are struggling to recruit staff as younger jobseekers look for employment elsewhere in order to access lower-cost homes.
Cash strapped Somerset Council has County Hall vandalised for fourth time...
A landlord in Wales faces is to pay £5,088 in fines and surcharges after operating three properties in Swansea without a licence and has also been effectively banned from the sector.
We’re pleased to announce that on August 7th, for one day only, the NRLA will be hosting a sponsored takeover here on LandlordZONE!
The number of buy-to-let properties bought by landlords during the past 12 months has dropped by 14%, official HMRC figures reveal
New research has revealed that the number of selective licencing schemes in the UK has increased by nearly 10% over the past two years, with landlords paying on average £700 for a five-year licence.
Landlords who use OpenRent to find tenants will no longer have access to Rightmove when advertising their properties, it has been announced.
A tenant in Scotland has been found guilty of threatening behaviour towards a gas engineer who his landlord had booked to fix the property's gas boiler.
A ‘confused’ landlord who ‘cut corners’ when maintaining his unlicenced HMO has been told to pay four former tenants £15,703 after they took him to a First Tier Property Tribunal.
A row has broken out over plans to re-introduce selective licencing for landlords within parts of the Salford area of Manchester.
Labour has confirmed that it will require all private sector landlords to bring their properties up to a minimum Energy Performance Certificate (EPC) band C by 2030.
Portfolio changing? Discover how the NRLA is helping landlords adapt to evolving market conditions.
Commercial property might be sensible way of diversifying your overall investment portfolio risk
If as many expect Capital Gains Tax (CGT) rates are aligned to people’s personal income tax then landlords selling properties would be on average £11,00 worse off, it has been claimed.
Housing minister Matthew Pennycook has confirmed that Labour has no plans to introduce rent controls in England.
A further sign that landlords are selling up comes from new HMRC figures that reveal an increase in Capital Gains Tax (CGT) revenues for the Government from the sale of residential properties.
A leading lettings agency boss has pinned rising rents and fewer properties to rent squarely on the previous Conservative Government, says its policies have ‘driven away’ landlords.
Providing a Reference - I have been asked to provide a reference for one of my tenants who is moving on. What is my legal position in this and am I putting myself at risk if I say he was a bad tenant?</h2> Referencing (seeking verification of a tenants past performance) is an increasi
Polystyrene Ceiling Tiles - is it legal to have these tiles in the kitchen of a rental property?</h2> There are currently no regulations specifically banning the use of polystyrene ceiling tiles in existing rented property.However, it is unlikely that local authority fire officers and en
Misrepresentation - We recently rented out our rural cottage to a couple. As they wanted to use their computers I said it was possible to get high-speed broad-band. I thought this would be possible but it seems it is not at this time. The couple are now claiming that I misled them and that
I'm receiving mail for previous tenants and some of them are from debt collectors. Will this get my property black listed and cause problems for my current tenants and myself in the future?</h2> It's fairly common to have mail arriving for months and even years after residents have left,
Long Term AST - My prospective tenant has asked for a tenancy term of 6 years. Can I use the usual Assured Shorthold Tenancy agreement for this?</h2> The Assured Shorthold Tenancy is the default tenancy for residential lettings and since October 2010 this applies to rents up to �100,000
Question: How long should accounts be kept to satisfy the authorities, things like accounting files, invoices and tax records, as a property landlord?Answer: You must keep your records for 6 years after the tax year to which they apply, whether or not you complete a tax return.It's a good idea, a
Expiry of Section 21 Notice - I have served a Section 21 (s21) Notice on my tenant but don't wish to start proceedings immediately. Can I wait without the notice expiring?Once a Section 21 notice has been served correctly it continues indefinitely, until such time as the tenancy is ended, either
Covenant and Covenant Strength - What is a legal covenant and what is the significance of the terms in relation to rental property and lettings ?</h2>The term covenant can have several meanings and has biblical origins but it is of particulalry significance
2 years ago I purchased a company with a 10 year lease from my ex boss, on a 10 year lease, the lease was set up by a solicitor. After 2 years the business is struggling and is not viable. I feel that my solicitor ill advised me as there was no break clause mentioned. Where do I stand on t
With high street administrations and missed rent payments becoming commonplace, commercial property quarterly rent payment days are currently being highlighted in the media, with the last one, June 24th just having passed. Understandably, these deadlines are cau
The Coronavirus has affected all parts of the economy, including rentals, but tourism in particular has been hard hit. It meant that holiday lets came to a complete standstill during lock-down, whereas the traditional long-term lets have been far less affected. Short lets, altho
Self-professed millionaire landlord and YouTube property investment guru Paul Smith has been savaged by two national newspapers over the weekend after he suggested to his 12,000+ subscribers that they use the governments bounce back loans to invest in property. The scheme hel
The guarantor is the landlord's insurance policy against tenant default. The guarantor pays the landlord the rent if the tenant defaults, he pays the landlord all his losses, expenses or damages where the tenant fails to carry out his of her full obligations under the lease.This article
As councils across the UK rail against the spread of HMOs, the NRLA says it's not landlords' fault that there is such high demand for this kind of rental property. </h3>Wirral councillors have railed against HMOs whilerejecting one highly criti
After a consultation and a green light from the Secretary of State, the city's new property licensing net is set to get much tighter on June 6th. </h2>Brighton and Hove Council isset to hit landlords with some of the toughest licensing rules in
A large local authority in Cumbria is calling on landlords who own empty properties they can't rent out during the Coronavirus crisis to open them up to the council's guaranteed rent scheme, and help homeless people. </h3>Private landlords in C
Exploring the future of rental deposits, including lifetime deposit schemes and tenant-managed custodial options, to enhance affordability and flexibility.
Repairs and Maintenance: Residential landlords (private and social landlords) are being advised by
Short-termlet landlords and property agents are being encouraged to offer NHS staff afree place to stay during the pandemic. A new industry initiative - https://www.nhshomes.co.uk" target="_blank" nhshomes.co.uk - is hooking up medical
Re-possession: During the presenthealth crisis, with everyone on virtual lock-down, new lettings areon hold, but when normality resumes, as it surely will, people willwant to let out their own homes on a temporary basis. Whether
One of the UK's largest insurance companies says there is no legal framework available to it that would enable the insurance giant to pay claims now that evictions have been suspended for three months by the government. One of the UKs lar
Today (Wednesday 18 March) is https://mhfaengland.org/my-whole-self/" Mental Health First Aid (MHFA) shttps://mhfaengland.org/my-whole-self/" MyWhole Self Day , which is all about encouraging employees andcolleagues to embrace and share their identitie
The other week, I had the opportunity to shadow the Harrow Council Housing Enforcement Officers, who feature with me on for Channel 5's Nightmare Tenants Slum
Landlords who use WhatsApp to communicate with tenants are exposing themselves to legal action from the global communications giant, which is owned by Facebook and in the UK is the most popular way to text friends and family. The free-to-use service has quietly ushered in new te
Read our interview with a London landlord who is significantly out of pocket after signing up to a three-year guaranteed rent scheme recommended to her by a reputable letting agent. A landlord is urging othersto be wary of letting their pro
The tenant fees ban and its five-week cap on deposits does not come in fully for all tenancies until later this year, landlords should note. Government authorised tenancy deposit protectionprovider https://www.mydeposits.co.uk" id=
Tenant & Landlord Breaks: A break clause is common in both private residential tenancy agreements and commercial leases, therefore it is highly advisable that both landlords and tenants are familiar with the nature of break clauses in their lease and understand their rig
Following our recent article on property investment academies and the questionable activities of some operators, we asked the leading player in the market what should happen next. Last monthLandlordZONE shone a light into the famously Wild W
Thousands of people in the UK live rent free in return for providing services and sometimes, just companionship. But the sector is unregulated and such tenancies are a huge risk for both tenant and landlord alike. An investigation by Landlo
Storms & Floods : Given the severityof the bad weather and floods in some areas of the country recently,the past weeks have been an extremely anxious time for some tenantsand landlords. Unfortunately itappears that these worries are not goi
Section 21 : Not every landlordor agent would consider handling a possession claim themselves, butthe good news is, it can be done the system is designed for LIGs litigants in person. Everyone has theright to speak for themselves in co
Commercial Property :A commercial lease is based on contract law and a contractual agreement between landlord and tenant. The rules laid down are those as agreed in the lease agreement and are largely unencumbered by statutory rules, unlike the case with a residential tenanc
Holiday Lets : With the changes tothe tax rules many buy-to-let landlords are thinking of creative waysto overcome the loss of income. Their inability to claim tax reliefon their mortgage interest and the removal of their wear and tearallowance has made a
The Landlord & Tenant Act 1954 Part II deals with the leasing of Commercial (Business) Premises in England & Wales.Commercial (Business Tenancies) Landlord and Tenant Act 1954, Part II The Landlord and Tenant Act 1954 (the Act) is an important piece of legislation in
