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
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
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
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
Lambeth to launch UK's most expensive HMO scheme, charging landlords £289 per bedroom under new five-year additional licensing rules.
The Section 21 possession procedure (currently under threat of being removed) is a no fault eviction process where the landlord can serve notice on a tenant to regain possession once the initial minimum 6 months or contracted fixed term has ended. A section 21 notice is for 2
A dog-owning tenant has launched a legal challenge against her freeholder which could result in parting with her pets or the leasehold. The womans partner moved into her property five years ago with three small dogs and admitted this to the freeholder. It then sent her a
A tech professional who is also a landlord has launched what she believes to be the ideal solution to the impasse between landlords who won’t take tenants with pets, and the estimated 7.6 million tenants in the UK who want to live with their cats or dogs.
Landlords and agents must make sure they dont come a cropper deciding what constitutes a single household when vetting HMO tenants in an age of polyamorous relationships, warns a top property lawyer. While the legal definition of a household can be explained quickly, re
Just over a quarter of a billion pounds has been clawed back from landlords since HMRC's Let Property campaign began eight years ago, it has been revealed. The latest figure for the campaign were revealed by Financial Secretary to the Treasury Jesse Norman in response to a writt
With private rentals and holiday homes in high demand, many due to Covid and holiday staycations, some councils are offering landlords some very attractive incentives, dubbed golden hellos� of up to �3,500. Some councils have been offering private landlords and second home
A landlord who was hauled up on minor maintenance issues has been refused an HMO licence by Glasgow City Council. Khurshid Begum told its licensing and regulatory committee that he had sorted all the problems at his property in Grant Street, Hillhead, but councillors would still
The UK Government has identified that homes across the UK contribute about 1/5 of all carbon emissions from the country. In order for the UK to reach its ambitious carbon neut
As a landlord, your life is far from idle as you work hard to find new tenants, manage your current ones, do the admin, find reliable tradespeople and much more.<br>Faced with
House building giant Barratt has revealed what it claims to be the future of UK housing a 37 sq metre one-bedroom apartment for sale at �285,000. The 160 initial Smrt homes are within the companys huge Eastman Village development in Harrow, North London where event
A national rogue tenant register to combat the issue of renters trashing properties and leaving landlords out of pocket could be open to abuse, a leading expert has warned. Sean Hooker, head of redress at the https://www.theprs.co.uk/" target="_blank" <strong id="
August got off to an unsettled and changeable start this year, with heavy rain and flooding in many parts of the UK. But the long-range weather forecast is now predicting warmer than usual conditions in late August, and potentially even a heat wave, with temperatures set to soar across some
Rent Smart Wales is challenging letting agents and landlords over the widespread practice of charging student tenants summer retainer fees which it claims are unlawful under Welsh legislation. It says a retainer is an additional fee which is unlawful under the Renting Home
Assignment is when an existing and ongoing tenancy is transferred from one tenant to another. The person who transfers the tenancy is the assignor� and the person who the tenancy is transferred to is the assignee�.The outgoing tenant transfers his rights and obligations under the tenanc
Latest Research Suggests Basement Flats Are Safe As HousesBasement flats in West London have been found to be as secure from intruders as other types of apartments, according to research carried by Basement Flats, a newly-launched London publication.The magazine, which features news and informati
Section 26 Notice - My Commercial (Business Tenancy) Lease Agreement is coming to an end soon and my tenant has served on me a Section 26 Notice. What is this and what should I do?Commercial (Business) Tenancies in England & Wales are regulated by the Landlord & Tenant Act 1954 (Part 2).T
Uninhabitable Premises. My tenanted property is flooded. What are my legal obligations in this situation? Am I obliged to re-house my tenant? Must my tenant continue to pay rent?Landlords are under a general obligation to supply property in tenant able condition for the tenant to i
Question: Tenant Blacklists. I've had a very bad experience with a tenant and would like to put him on a black list so that other landlords don't have the same experience that I've had. How do I go about this?Answer: We often get asked this question.Although there have been several attempts by di
Sub-letting leasehold - I want to rent out my leasehold flat but the managing agent says the freeholder wont allow it. I know that other flats in the block are rented out, so what can I do? Landlords usually prohibit sub-letting to safeguard the interest.Landlords usually prohibit sub-letting
What are the implications of renting to a 17 year old or someone who is under the age of 18? We have an application from a 17-year old that is keen to rent but Im not sure this would be legal?</h2> Many landlords and housing providers would be concerned and therefore refuse to let to
Question - Rent Review - my landlord is asking for far more rent than I expected on review. Am I obliged to pay this?Answer - Commercial leases are contractual - the parties agree to and are bound by its clauses and that includes rent review provisions.The rent review process is a way of periodic
Re-selling Energy - As a landlord am I able to make a profit by re-selling electricity or gas?</h2>Resale of Gas and ElectricityThe maximum amount that Residential Landlords or resellers� are permitted to charge for gas or electricity is the amount they
A new “crackdown on bad landlords” has been introduced by a London council.
Private tenants are paying £2,195 more on their annual housing costs than in 2022, according to Savills’ latest research.
The controversial Renters' Rights Bill has moved a step closer to Royal Ascent
Tenancies will “change overnight’ once the Renters’ Rights Bill comes into force, Sean Hooker, of the Property Redress Scheme, has warned.
A portfolio landlord has taken on a huge loan to consolidate 22 properties across London and Birmingham.
Landlords must comply with the Equality Act 2010 and the Renters’ Rights Bill to avoid unlawful discrimination in tenant selection and property management.
Landlord Action is celebrating 25 years of successfully helping private landlords recover their properties.
A tax expert has urged BTL investors to use or lose their annual capital gains tax (CGT) exemption to avoid being landed with a big tax bill.
The Bank of England kept interest rates at 4.5% today amid fears that inflation is still a threat.
Newly qualified nurses can’t afford to rent privately in almost half - 45% - of local authorities in England, according to new analysis from Shelter.
Landlords must not to drag their heels when it comes to improving properties’ energy efficiency rating - or face potential issues with finding tradespeople and working with letting agents, a financial expert has warned.
A growing number of tenants in the build-to-rent (BTR) sector are using deposit alternative products as many opt to invest a lump sum instead of locking it away in a traditional cash scheme.
Benefit claimants must get the Government help they need once its welfare reforms take effect, an industry body has warned.
A reduced supply of luxury rental homes in London is feeding into higher rents, which are now a third higher than before the pandemic, new research has revealed.
Labour MP Tom Hayes has launched a survey to quiz tenants and landlords in his Bournemouth East constituency, in a bid to fix the “broken” rented sector.
Liberal Democrat MP Sarah Dyke has called for WASPI women to be fairly compensated after one of her constituents was evicted.
‘Rentflation’ has cost young people an extra £1,616 on their rent bill in the past year, according to new data from Barclays.
Almost half of all private renters who receive Local Housing Allowance experience a shortfall between their payment and monthly rent, according to new analysis by the NRLA.
Landlords who fail to address damp and mould problems ahead of Awaab’s Law risk legal action, reputational damage, and significant fines, an air quality monitoring firm has warned.
More companies are registered to hold buy-to-let property than for any other type of business as investors seek to reduce their tax burden, new data reveals.
Landlords still have 'plenty of opportunities’ despite interest rates expected to remain on hold this week, a specialist lender has suggested.
The Renters’ Rights Bill could lead to an increase in the number of tenants being asked to provide a guarantor and to further discrimination, charities and campaign groups have warned
UK landlords face rising costs, regulatory complexity, and affordability challenges, with rent growth slowing despite ongoing demand.
The number of licensing schemes lined up to launch this year has already surpassed last year’s total, as councils continue to put the financial squeeze on landlords.
A landlord has avoided a £29,000 rent repayment order after a First Tier Property Tribunal ruled that he had been the victim of administrative failings by Southwark Council.
