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LATEST: UK's first rent-to-own property scheme launches, backed by Nationwide

LATEST: UK's first rent-to-own property scheme launches, backed by Nationwide

News

Kettel Homes has launched the UKs first open market rent-to-own programme for first-time buyers who cant access traditional home financing. Under the scheme, Kettel buys existing freehold single-family homes between �125,000 and �400,000 outside London, charging first-ti

'Government's plans to ban Section 21 evictions will lengthen evictions' - claim

'Government's plans to ban Section 21 evictions will lengthen evictions' - claim

News

Landlords seeking to evict tenants face more delays when Section 21 notices are abolished, warns the boss of an insurance and referencing firm. Clogged courts and a shortage of judges and county-court bailiffs mean that cases are taking months to be heard, it is claimed. <p i

Rogue landlady faces jail over long-running campaign of violence against tenants

Rogue landlady faces jail over long-running campaign of violence against tenants

News

A rogue landlady has been convicted of illegally evicting tenants during a decade-long campaign of violence, theft and vandalism. Sohila Tamiz , of Flint Lane, Lenham, even helped organise a gang of 10 to douse one man in petrol and smash his teeth, the tri

'Don't panic' as BTL mortgage rates rise, urges financial expert

'Don't panic' as BTL mortgage rates rise, urges financial expert

News

A mortgage expert has urged landlords not to panic as buy-to-let mortgage rates continue to rise. <figure id="" class="w-richtext-figure-type- " data-rt-type="" data-rt-align=""><div><img src="https://cdn.prod.website-files.com/63bef2f3c329eff8e3a4af45/64cb992aa1ba8a68d7aa0638_dan-lee.jpeg"

City-backed firm to spend �1bn buying thousands of PRS properties with low EPCs

City-backed firm to spend �1bn buying thousands of PRS properties with low EPCs

News

A proptech firm is to spend �1 billion buying up 3,000 private rented properties with low EPC ratings around the UK, which it plans to retrofit and rent out on behalf of its backers. With many individual landlords threatening to quit the sector - faced with licensing schemes an

40% of privately rented homes won't make 2028 deadline - agents claim

40% of privately rented homes won't make 2028 deadline - agents claim

News

Forty per cent of privately rented homes in England are unlikely to achieve the energy efficiency rating target that is due to come into force in 2028. Trade organisation Propertymark says its analysis of the latest English Housing Survey shows that 60 per cent of the rental sec

Looming EPC rules to cause mayhem in the rental market, warns senior figure

Looming EPC rules to cause mayhem in the rental market, warns senior figure

News

A staggering one-third of landlords plan to quit the sector or do nothing to address energy efficiency failings if and when new EPC regulations kick in. Research carried out on behalf of Paragon Bank reveals that 21% of landlords would not carry out any necessary works to bring

'Landlords NOT worried over proposals to give tenants more pet rights' says NRLA

'Landlords NOT worried over proposals to give tenants more pet rights' says NRLA

News

The NRLA has played down landlords fears about new Government proposals to give tenants the right to request a pet. Speaking on the Radio 4 You and Yours programme, director of policy Chris Norris said many landlords werent too worried about the government

OPINION: Why do landlords get the blame for rejecting tenants on Universal Credit?

OPINION: Why do landlords get the blame for rejecting tenants on Universal Credit?

Opinion

An official briefing document for MPs has underlined the contradictory position the government has manoeuvred itself into over landlords and letting agents who advertise properties as No DSS. The House of Commons Library document makes for interesting reading because, base

Well-known landlord jailed after defrauding HMRC out of £500,000

Well-known landlord jailed after defrauding HMRC out of £500,000

News

A landlord who defrauded HMRC out of almost �500,000 by keeping deductions from his employees wages has been jailed for three years. Michael Stainer, 74, (inset, main picture) was found guilty of two counts of cheating the public revenue and one of fraud by false representat

Many UK buildings are in danger of becoming unusable in heatwaves

Many UK buildings are in danger of becoming unusable in heatwaves

News

As temperatures in England and Wales soar this week, many office buildings will become unusable says real estate sustainability expert Chris Bennett of consultancy https://evoraglobal.com/" target="_blank" Evora Global - it should act as a powerful warning for real estate

'War on landlords' latest - 46,000 rental properties to disappear this year

'War on landlords' latest - 46,000 rental properties to disappear this year

News

An estate agency has claimed that the governments war on landlords will cost the private rented market some 46,000 this year, or some 3,800 every month. Hamptons , which has branches all over the UK, says its research confirms that, as LandlordZONE

The cost of living crisis affects landlords as well as tenants

The cost of living crisis affects landlords as well as tenants

News

With the cost of living crisis being the political issue of the day, and a political leadership contest underway, theres something of a hiatus in the way its being dealt with. But the situation is now quite urgent. Financial distress is now higher than during the pandemic.

Frustrated landlord quits after 20 years in the sector

Frustrated landlord quits after 20 years in the sector

News

After 20 years, landlord Sue quits the sector, citing frustration with anti-landlord sentiment and increasing regulatory burdens.

Minister defends excluding PBSA from tenancy changes

Minister defends excluding PBSA from tenancy changes

News

Minister defends exempting student housing from new tenancy rules to keep in step with academic year agreements/

EXCLUSIVE: Can landlords still access councils' empty homes funding?

EXCLUSIVE: Can landlords still access councils' empty homes funding?

News

Landlords with empty properties are being urged to take advantage of council cash to help fight the housing shortage. About 300 councils currently offer a scheme mainly loans to carry out repairs - although some provide grants, usually ranging from �5,000 to more than �25,

What landlords letting abroad need to know about Making Tax Digital

What landlords letting abroad need to know about Making Tax Digital

News

Letting out property abroad can be a great way of generating extra income. The property might have been bought primarily as an investment but for others or it could be second or holiday home let out when not in use. There are plenty of things to think about, though.

LATEST: Leicester ploughs on with selective licensing despite landlord criticism

LATEST: Leicester ploughs on with selective licensing despite landlord criticism

News

Leicester is going ahead with its selective licensing extension in three areas of the city, charging landlords �1,090 per property - the highest fee in the Midlands. The council is introducing the scheme in parts of Westcotes, Fosse, Braunstone Park and Rowley Fields wards, whi

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Think about how an Energy Efficient Home Design will improve your tenant’s lives

Think about how an Energy Efficient Home Design will improve your tenant’s lives

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Improving your rental properties will make your property more efficient, easier to let and get your tenants to stay longer

Capital Economics predicts US commercial real estate won't recover until 2040‍

Capital Economics predicts US commercial real estate won't recover until 2040‍

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News
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High interest rates, higher operating costs and a shift to remote working have conspired against office space in particular

UK Commercial property market is still feeling the effects of Covid‍

UK Commercial property market is still feeling the effects of Covid‍

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News
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COVID impact still being felt on UK high streets four years on from the first lockdowns: commercial real estate lending is down but agents see signs of optimism.

DWP to snoop on benefit landlords' bank accounts

DWP to snoop on benefit landlords' bank accounts

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News
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Landlords’ bank accounts could be monitored as part of new legislation that aims to reduce overpayments to people claiming benefits and fraudulent claims.

EXPERT: Removal of Furnished Holiday Lets relief 'may never happen'

EXPERT: Removal of Furnished Holiday Lets relief 'may never happen'

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News
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Plans to abolish the Furnished Holiday Lets (FHL) regime could be delayed by at least a year from April 2025, and might never happen, according to one tax expert.

More pet rights for tenants tops landlords worries over reforms

More pet rights for tenants tops landlords worries over reforms

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News
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Landlords are more concerned about tenants’ right to request to keep a pet than the potential abolition of Section 21, a new poll reveals.

HMRC restarts landlord pilots for its 'Making Tax Digital' scheme

HMRC restarts landlord pilots for its 'Making Tax Digital' scheme

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News
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More landlords can now try out Making Tax Digital (MTD) for Income Tax after HMRC paused the pilot last February.

Rise in HMOs pushes BTL yields to highest for six years

Rise in HMOs pushes BTL yields to highest for six years

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News
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Average rental yields have hit a six-year high with HMOs and properties in the North East offering landlords the best returns.

EPCs are misleading, inaccurate and need reform, says Which?

EPCs are misleading, inaccurate and need reform, says Which?

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News
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Consumer organisation Which? says there is considerable evidence that many EPCs are ‘not accurate’.

Rent-free period

Rent-free period

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Guide to commercial tenancy rent-free periods and full repairing leases, explaining tenant obligations on lease expiry or termination.

Safety Standards for Blinds and Curtains

Safety Standards for Blinds and Curtains

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Landlords and letting agents should by now be conversant with the 2014 regulations on blinds and curtains and the measures necessary to prevent accidents with children. It is particularly important to ensure that blinds and curtains supplied in rental properties meet these regulations, otherwise,

Repair Reporting Issues and Section 21

Repair Reporting Issues and Section 21

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Changes to the law on Section 21 and in particular how landlords deal with reported repair issues is now of crucial importance if section 21 claims for possession are to be successful. Careful pre-planning is now essential at the time of setting-up Assured Shorthold Tenancies (AST).The Section 21

Assessing Covenant Strength

Assessing Covenant Strength

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Understand how to assess tenant covenant strength and why it’s key to commercial property investment decisions.

Holding or Pre-Contract Deposits

Holding or Pre-Contract Deposits

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I have always found the holding deposit (an initial retainer paid to the landlord or agent to reserve a tenancy) is a very useful device to commit the tenant to your letting. But is it legal to withhold the advance deposit you take from a prospective tenant if they back out?In my experience a pro

Tenancy Deposit Documentation

Tenancy Deposit Documentation

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What do I need to do when I protect my tenant/s deposit? If you take a deposit from your tenant/s you MUST protect the deposit and serve your tenants with the correct documentation within 30 days or face having to pay a fine and the prospect that you cannot use the s21 evict

ITZA revisited

ITZA revisited

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A clear explanation of ITZA and rent review zoning — why old ITZA measurements may not always apply in new rent reviews.

Dispute Resolution Procedure at Rent Review - Calderbank offer

Dispute Resolution Procedure at Rent Review - Calderbank offer

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Learn how a Calderbank offer can help landlords settle disputes and avoid costly rent review referrals.

Should I set up a company to pay less tax?

Should I set up a company to pay less tax?

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According to research from the NLA, 4 in 10 landlords are either seriously considering forming a limited company or looking into the option in the coming months.Can you - and more importantly should you - set up a company to pay less tax? Heres my complete guide on becoming incorporated.<stron

What heating system for Rental Property?

What heating system for Rental Property?

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What heating system should you use in your rental property? Is there a heating system that could solve landlords condensation claims problems?Its one of the most important questions to ask when letting a property for the first time. Whatever system you choose carries implications for the ef

Warnings about Gumtree advertised letting scams

Warnings about Gumtree advertised letting scams

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News
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The Residential Landlords Association (RLA) and the National Landlords Association (NLA) have called on the classified online listings service Gumtree to issue clear guidance over possible scams involving bogus letting scams.The warning has been issued to Gumtree by the NLA and the RLA after f

Dispute Resolution Procedure at Rent Review

Dispute Resolution Procedure at Rent Review

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At rent review, the phrase 'going to arbitration' is often bandied about during negotiations as a means for one party to get its own way. Whether or not the parties can agree the rent without involving the dispute resolution procedure, it is common for a represented or experienced party to inv

Government releases 'How to Rent'� guide

Government releases 'How to Rent'� guide

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From the 1st of October 2015 it became a statutory requirement that landlords issue all new tenants after that date with the latest edition of a Government publication The How to Rent Guide�, along with a current Energy Performance Certificate (EPC) and a current Gas Safety

Doing Right to Rent - Immigration Checks

Doing Right to Rent - Immigration Checks

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From 1st February 2016 all new tenants in England must be given Right-to-Rent (Immigration) Checks to determine their "right-to-rent" or "right-to-reside" in the country, BEFORE they can be given a tenancy. Landlords or letting agents must do the checks - letting agents where the

Tax Deductible Letting Expenses

Tax Deductible Letting Expenses

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This is a Guide to Tax Deductible Letting Expenses for Landlords under the new tax rules following the Summer Budget 2015. These may be subject to change and you are advised to consult a tax specialist before making any decisions.From April 2016 landlords will no longer be able to automatically d

Landlord uses hidden cameras to spy on tenants

Landlord uses hidden cameras to spy on tenants

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An Edinburgh landlord set-up hidden cameras in the bedroom and bathroom of his flat, to film people in bed and in the shower.The cameras were discovered by a young couple, friends of the landlord who allowed them to use the accommodation. The couple found a box on the living room table with a cam

Comparable Evidence

Comparable Evidence

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Amongst the ways to agree or ascertain the (open) market rent at rent review or on renewal of a lease, (per s.34-s35 Landlord and Tenant Act 1954), is the use of comparable evidence.At rent review, the market rent for the premises is not what rent the actual tenant would agree or could afford, bu

What is a Section 20 Notice ?

What is a Section 20 Notice ?

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There are two instances of section 20 notices in property in England:(1) is the notice served in relation to early shorthold tenancies under the Housing Act 1988, and the other,(2) refers to section 20 of the Landlord and Tenant Act 1985, as amended by the Commonhold and Leasehold Reform Act (CLR

Who Pays for Maintenance and Repairs

Who Pays for Maintenance and Repairs

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Who pays for maintenance and repairs in a residential letting, landlord or tenant?Is it, for example, a tenants responsibility once they occupy my building to look after most of the regular house maintenance items? If the fridge stops working does the tenant or the landlord need to repair it?Y

Inflation (RPI) and Rent

Inflation (RPI) and Rent

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With commercial property, rent reviews are generally to the open market rent, but sometimes the rent would be adjusted to the Retail Price Index (RPI). RPI is generally considered more favourable to landlords than CPI or other methodologies.There is no link between open market rent and inflatio

Commercial Property Insurance - part 1

Commercial Property Insurance - part 1

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Amongst the thorny issues in the relationship between landlord and tenant is the building insurance premium. Unlike residential property where the landlord has a vested interest in making sure the premium is competitive, because more than likely the premium would not be recoverable from the tenan

Can Landlords Discriminate when Selecting Tenants?

Can Landlords Discriminate when Selecting Tenants?

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Theres recently been a spate of press reports and political wrangling about the existence of Zero-Hour Contracts. This has become something of a hot political issue as we approach a general election, and one surprising development is recent attempts to embroil landlords in the issue, as if the

User Clauses - in Commercial (Business) Leases

User Clauses - in Commercial (Business) Leases

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Traditionally, with commercial (business) leases, a contractual provision within the lease specifies the use, or uses to which a property may be put and the uses which are prohibited.The formal classification of Uses� are set out in the Town and Country Planning (Use Classes) Order 1987 as a

Rent Increases with Assured Shorthold Tenancies

Rent Increases with Assured Shorthold Tenancies

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As most Assured Shorthold Tenancies (AST) are by definition, short, there is usually no need for landlords to get involved in processing a rent increase.However, some ASTs run for long periods after the fixed term has ended, i.e., when the tenancy becomes a statutory periodic tenancy, hence there

Guarantor or Rent Deposit

Guarantor or Rent Deposit

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The ideal for any landlord is for the tenant to have a guarantor and provide a rent deposit. But which is better when the landlord has to choose?The starting point is the status of the tenant. With a tenant that is one person (an individual) the likelihood of that person being of independent fina