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
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
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
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
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
In this episode of The Property Cast, Eddie and Paul welcome energy expert and Head of Tenancy Services at Goodlord, Rik Smith. Drawing on his in-depth knowledge of the residential energy market, Rik cuts through the jargon to explain what is happening in the energy market at la
In this episode of The Property Cast, we discuss how landlords and agents can stay on top of their legal obligations. Landlords now have to meet 168 rules and regulations to let a property legally, but what are the latest legislative updates that landlords and agents need to kno
The Property Cast returns for 2022 and our first episode discusses what the Governments strategy is to achieve decarbonization of the private rented sector? What is the NRLA doing to support landlords? And what do landlords need to know? Eddie and Paul are joined by CEO of th
With inflation now into double figures, with all the financial shenanigans over the mini budget, the 10 year risk free bond yield at around 5 percent, its sending mortgages rates above 6 per cent, so how low will house prices go? It seems inevitable prices will fall, but by h
A prominent landlord in the North East has told the BBCs Newsnight programme that unless variable mortgage rates reduce he will have to start handing the keys back to the ten or so properties within his portfolio. <figure id="" class="w-richtext-figure-type- " data-rt-type="" da
Outspoken landlord Tina Knight has incurred the wrath of social media users by outlining the sectors eviction headaches on Good Morning Britain. She told presenters Susanna Reid and Richard Madeley that tenants have too much power and described some landlords
The Newcastle headquartered firm Greggs has won an initial High Court ruling in a �150m Covid related case against the insurance company, Zurich. Greggs claim was over its business interruption insurance with Zurich in which the firm claims it is due monetary compensation fo
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
An Upper Tribunal has slashed a landlords Rent Repayment Order by �16,000 after taking pity during an appeal hearing on her precarious financial position�. A First Tier Property Tribunal https://assets.publishing.service.gov.uk/media/6239f607e90e07799cd3de67/LO
A landlord in Norfolk has payed fines totalling �40,000 after he was found to have housed tenants in a way that put tenants at risk. Issues were reported at the Watton property (pictured) to Breckland Council last year, which prompted an inspection by officers who found a block
The Bank of England has this lunchtime raised its base rate by 0.5% as the venerable institution fights to bring down inflation, which yesterday was revealed to be sticking stubbornly at 8.7%, way above the bank's target of 2%. Commentators and mortgage holders alike had hoped t
Welsh Minister for Climate Change Julie James has backed the NRLAs call for a review of property taxation in the PRS. Speaking at thehttps://www.landlordzone.co.uk/news/breaking-landlords-tell-housing-minister-face-to-face-that-sector-needs-support/" <strong i
The Treasury has confirmed that it will not introduce tax relief on mortgage interest payments for either homeowners or landlords despite the ongoing mortgage cost crisis. As we https://www.landlordzone.co.uk/news/mortgages-landlord-tells-bbc-how-payments-have-tripled-o
JLL's latest report highlights the rapid growth of institutional Build-to-Rent (BTR) in the UK, with over 82,000 homes completed and rising demand.
Suzy Hershman (main picture), Resolution Department Lead at HFIS, examines a shocking case her team dealt with recently and highlights what landlords can learn from it . The case</h4>A landlord with a four-bedroom property i
Multi-millionaire landlord Judith Wilson (main picture, inset) has been hit with a �166,000 court bill after losing a legal battle against Tonbridge and Malling Borough Council. Wilson, wife of the controversial Fergus, who was once dubbed Britains
Treat tenants like customers and stop thinking about profit if you want to make a success of property investing - thats the advice of lettings and landlord professional Tom Soane, who boasts that its made him the 'best landlord in the UK'. Your property is a product, te
Landlords could get more choice about what type of energy efficient upgrades they fit in their properties under the government’s Warm Homes Plan.
HMRC has made the unusual step of warning landlords not to use widely-routed tax avoidance schemes which it says are being marketed to buy-to-let investors as a way to save Capital Gains Tax.
A whopping 69% of renters haven’t heard of the Renters’ Rights Bill and 75% don’t understand how it might impact them, a new survey has revealed.
The Renters' Rights Bill is set to to overhaul the eviction process, with bailiffs increasingly under pressure.
House prices dropped in April as buyers paid thousands more in stamp duty, it has been revealed.
The court system isn’t ready for the Renters’ Rights Bill, it was declared in the House of Lords this week.
A worrying 39% of landlords will probably exit the market within the next five years, according to the latest poll.
Only 9% of properties sold by landlords in Scotland in a recent 12-month period returned to the private rented sector, a new survey has found.
Only a fifth of landlords and letting agents feel prepared for the new mandatory sanctions checks on all landlords and tenants.
More landlords are investing in mixed-use properties in their quest for more robust returns.
The average asking rent of a property outside of London has increased to a new record £1,349 a month, new data reveals.
The number of homes for sale has reached a new height as demand among house hunters “cools”, it has been revealed.
How do you get started investing in property? A recent post on our LandlordZONE Forums got me thinking about this question
Tenants in Buckinghamshire fork out for the highest rents in the country - even more than those living in London’s prime SW7 postcode.
Paragon Bank has launched its cheapest buy-to-let five-year fix in almost three years, becoming the latest lender to offer landlords more attractive deals.
London Renters Union protested against “slumlords” in the capital at the weekend, calling for housing justice for all.
Older renters are heading for a bleak retirement with significantly less financial security than their homeowning peers.
A flawed grounds for possession will reduce the supply of student housing, the NRLA has warned.
Landlords were left with bills of up to £30,000 after cannabis gangs took over their properties and left them unliveable.
More firms are looking to rent office space than at any time since before the pandemic, new Rightmove research has found.
A judge has given a First Tier Property Tribunal a ticking off for unfair conduct during a hearing over a dispute about leaseholder service charges.
Battersea is taking a stand to ensure tenants have the right to keep their pets while renting.
he HMO market has been valued at £78billion and generates annual rental income of £6.3billion.
Landlords looking for some no-nonsense straight talking about property can tune into Paul Shamplina’s new YouTube channel.
Landlords in Scotland are being asked for their views on rent control exemptions and where rent could be increased above the rent cap.
