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Asylum seeker HMO operator fined �60,000 for running house without licence

Asylum seeker HMO operator fined �60,000 for running house without licence

News

A company that houses asylum seekers has been fined more than �60,000 for HMO offences in Newport. Clearsprings Ready Homes, which has the contract for operating accommodation for asylum seekers in Wales, was found guilty of letting an HMO in Redland Street (pictured), in the B

Bill to make EPC rules mandatory early 'unlikely to become law' after stabbing

Bill to make EPC rules mandatory early 'unlikely to become law' after stabbing

News

The Minimum Energy Performance of Buildings Bill, which aimed to advance the governments energy efficiency commitments, is in doubt following the tragic death of David Amess MP. He was the presentation bills main sponsor in the Commons, launching it at the same time as Lor

Should holiday-let owners be paying council tax?

Should holiday-let owners be paying council tax?

News

However, Carol Lewis writing for the Sunday Times newspaper thinks that holiday let owners should be paying council tax. Given that levelling up is the government's buzzword du jour, it is time to level the playing field and bring holiday-home owners in line wi

Landlords left struggling to claw back deposits owed after property firm ceases trading

Landlords left struggling to claw back deposits owed after property firm ceases trading

News

Landlords and letting agents hit by the collapse of Ash Residential Property Management Limited (ARPM) have been left struggling to claw back deposits and fees after it ceased trading last month with debts of almost �1.5m. At least 8,000 properties and their landlords are affec

HMRC warns holiday let owners about their tax obligations

HMRC warns holiday let owners about their tax obligations

News

HMRC warns that owners must accurately declare these earnings on their self assessment tax returns or face criminal charges if in default. A boom in bookings The Covid pandemic has stored up excess demand for stay at home Britains under the foreign holiday restrictio

LATEST: Scots landlords face new EPC rules but up to �15,000 to pay for upgrades

LATEST: Scots landlords face new EPC rules but up to �15,000 to pay for upgrades

News

Scottish landlords have until 2028 to meet energy efficiency standards but can access interest-free loans of up to �15,000 to help them spread the cost. The Scottish government has published its Heat In Building Strategy setting out that, by 2030, greenhouse gas emissions from

Sir Philip Green and his wife bought-up high-end London property as their retail empire was collapsing

Sir Philip Green and his wife bought-up high-end London property as their retail empire was collapsing

News

The so called Pandora Papers is a financial services leak of nearly 12 million documents that reveal an international treasure trove of hidden wealth, tax avoidance and money laundering, by some of the world's richest individuals. The secret files were unearthed by a Washington

Nationwide launches platform to help landlords manage their properties and finances

Nationwide launches platform to help landlords manage their properties and finances

News

High Street lender the Nationwide has launched a platform that will be first of its kind created for landlords by a major financial institution. Called The Landlord Works, it has been developed by a team headed up by Paul Wooton (main picture) who, after leaving its mortgage bro

UK's most expensive HMO licensing scheme to launch in London

UK's most expensive HMO licensing scheme to launch in London

News

Lambeth to launch UK's most expensive HMO scheme, charging landlords £289 per bedroom under new five-year additional licensing rules.

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Utilita Energy helps landlords winterproof against mould and damp

Utilita Energy helps landlords winterproof against mould and damp

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Times are hard for tenants and landlords alike and this coming winter is causing a worry for many. Almost a quarter of households are already in energy arrears and 9 out of 10 households are worried about increasing energy bills. With heating being the largest proportion of the average energy bill,

Tenant lifestyle not always to blame for damp, says legal expert

Tenant lifestyle not always to blame for damp, says legal expert

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News
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Landlords should not be so quick to lay the blame on tenants for problems and instead use new tools to tackle issues.

Rental prices continue to climb at near-record rate

Rental prices continue to climb at near-record rate

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News
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Average UK private rents increased by 8.4% in the 12 months to August, down from 8.6% in the 12 months to July.

Portfolio landlords buying more properties through companies

Portfolio landlords buying more properties through companies

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News
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Landlords who use limited company structures are incorporating a much larger proportion of their portfolios to mitigate tax changes.

Generous renters dip deep to help homeless youngsters

Generous renters dip deep to help homeless youngsters

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News
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Kind-hearted mydeposits customers have donated more than £66,000 of interest earned on their deposits to the Centrepoint charity.

NRLA calls for clarity on new PRS standards and enforcement

NRLA calls for clarity on new PRS standards and enforcement

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Renters’ Rights Bill sets new Decent Homes Standard, digital PRS database, and stronger enforcement to improve rental property safety and quality.

Landlords urged to offer more tenant-friendly technology

Landlords urged to offer more tenant-friendly technology

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News
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Nearly three-quarters of UK tenants (73%) who aren’t using digital tools in their rental properties would like to give them a try.

Edinburgh landlords win legal challenge over suspensions

Edinburgh landlords win legal challenge over suspensions

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News
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Short-term let landlords in Edinburgh have won a third successful challenge against the council’s licensing scheme.

Proptech in focus at 2024 NRLA conference

Proptech in focus at 2024 NRLA conference

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With one eye on the horizon the NRLA is always looking for ways to streamline the lettings process, making it quicker and easier for landlords and tenants. Here James Kent, the NRLA’s Chief Innovation Officer, and founder of digital compliance platform Safe2, looks forward to the association’s 2024

Rental prices dip in London but climb across Britain

Rental prices dip in London but climb across Britain

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News
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Rents in London have dropped compared to a year ago, while Britain as a whole has seen values rise.

As if landlords don’t have enough to worry about – here’s another risk...

As if landlords don’t have enough to worry about – here’s another risk...

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There’s an issue with the safe disposal of Vapes - disposal in normal household bins has been identified as a fire risk

Landlord fined £43k for renting rodent-infested flats

Landlord fined £43k for renting rodent-infested flats

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News
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A landlord has been fined more than £43,000 for renting unsafe and rodent-infested flats - but blamed tenants for the disrepair.

Growing appeal of commercial property among landlords

Growing appeal of commercial property among landlords

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News
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Growing numbers of landlords are moving into commercial property amid fears that the residential market is too challenging.

Landlords to be fined if tenants fail to control rubbish, warns council

Landlords to be fined if tenants fail to control rubbish, warns council

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News
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Sefton Council has threatened to get tough on private landlords if they don’t help tenants keep their rubbish under control.

Landlords less likely to win appeals after tribunal ruling on improvement notices

Landlords less likely to win appeals after tribunal ruling on improvement notices

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News
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Landlords are less likely to win their appeal against an improvement notice following an Upper Tribunal ruling.

Renters’ Rights bill “won’t affect landlords’ profits,” says tenant referencing firm

Renters’ Rights bill “won’t affect landlords’ profits,” says tenant referencing firm

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News
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The Renters’ Rights Bill won’t impact private landlords’ profits or slow rising rents, according to tenant referencing company FCC Paragon.

Landlord fined £11K for misleading tenants

Landlord fined £11K for misleading tenants

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News
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A landlord who hoodwinked her student tenants into paying higher deposits has been ordered to pay more than £11,000 in fines and costs.

Average monthly rents in Britain rise to £1,332, official data shows

Average monthly rents in Britain rise to £1,332, official data shows

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News
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The average rent in Britain increased by 7.7% to £1,332 in the 12 months to March this year, official figures have revealed.

Inflation fall prompts hopes of an interest rate cut

Inflation fall prompts hopes of an interest rate cut

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News
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A drop in the UK inflation rate has sparked hopes that it could prompt a cut in interest rates next month amid the threat of economic uncertainty.

Rental sector at risk of unworkable reforms, says NRLA

Rental sector at risk of unworkable reforms, says NRLA

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News
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The rental sector risks being saddled with unworkable reforms unless the Government backs amendments proposed by peers, the NRLA has warned.

Landlord sell-off increasing ahead of Renters’ Rights Bill

Landlord sell-off increasing ahead of Renters’ Rights Bill

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News
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An increasing number of properties are being sold by landlords, new databy TwentyEA reveals.

Renting with pets – the rules are changing

Renting with pets – the rules are changing

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News
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Labour have vowed to make it easier for tenants to rent with pets - The Renters’ Rights Bill will give tenants greater pets rights

Landlord groups retain influence despite smaller players quitting

Landlord groups retain influence despite smaller players quitting

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News
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Landlord groups continue to have pulling power despite a backdrop of smaller players quitting the market, insists the founder of GB Landlords.

HMO landlords may add premium for single service

HMO landlords may add premium for single service

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News
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Landlords could charge a premium on HMO rooms by helping to ensure tenants will get on with their housemates, a new survey reveals.

Buy-to-let rates cut by Landbay amid tariff impact

Buy-to-let rates cut by Landbay amid tariff impact

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News
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Landbay has become the latest buy-to-let lender to reduce rates in the wake of President Trump’s Liberation Day tariffs.

Properties for sale typically spend a month on the market

Properties for sale typically spend a month on the market

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News
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Properties for sale in England and Wales spend just over a month on the market on average, new data reveals.

Guaranteed Rent provider teams up with accreditation scheme LLAS

Guaranteed Rent provider teams up with accreditation scheme LLAS

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News
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LLAS and rent provider Elliot Leigh have teamed up to raise standards and strengthen landlord support in the private rented sector.

Younger tenants resist regulation, even if it strengthens their rights.

Younger tenants resist regulation, even if it strengthens their rights.

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News
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Despite the potential to strengthen their rights, younger tenants are often reluctant to support greater regulation in the private rental sector.

Renters’ Rights Bill may be delayed as peers’ financial ties surface.

Renters’ Rights Bill may be delayed as peers’ financial ties surface.

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News
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Tenant groups raise concerns that peers with property interests are working to delay the Renters’ Rights Bill and push for concessions from the Govern

Asking prices rise by over £5,000 to £377,182 this month, says Rightmove

Asking prices rise by over £5,000 to £377,182 this month, says Rightmove

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News
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Rightmove reports that average asking prices have increased by over £5,000 this month, bringing the typical UK listing to £377,182.

Behind every lease, a hidden risk: The rise of subletting scams

Behind every lease, a hidden risk: The rise of subletting scams

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News
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Unauthorized subletting is on the rise, leaving landlords exposed to financial loss and legal issues. Tools like Title Guardian can help monitor properties and alert landlords to suspicious activity. Stay informed and protect your investments.

Will Trump’s tariffs cause rate cuts for borrowers or keep inflation high?

Will Trump’s tariffs cause rate cuts for borrowers or keep inflation high?

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News
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Questions have been raised about whether Trump’s tariffs will be a help or a hindrance to landlords.

Property demand in Bedford set to rise after Universal theme park announcement

Property demand in Bedford set to rise after Universal theme park announcement

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News
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Property demand in Bedford set to rise after Universal theme park announcement

Typical price of renting a luxury home edges upwards

Typical price of renting a luxury home edges upwards

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News
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The typical price of renting a luxury property edged up marginally at the beginning of this year, new figures suggest.