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How Rick Gannon went from career break to £7m HMO portfolio

How Rick Gannon went from career break to £7m HMO portfolio

News

Rick Gannon became an accidental landlord when his first property was in negative equity and decided to rent it out. Fast-forward a few years and he and wife Lorraine had made a substantial amount on the sale so decided to use the proceeds to buy other properties to rent wit

Salford to begin huge new £1,085-per-property HMO licensing scheme

Salford to begin huge new £1,085-per-property HMO licensing scheme

News

Salford has given the go-ahead to a new licensing scheme for smaller HMOs in response to a rise in safety problems and resident complaints. The scheme covering the entire city - takes effect on 19th July and costs landlords �1,085 to licence shared homes where three or four

Suspended sentence for banned engineer who issued fake Gas Safe certificate

Suspended sentence for banned engineer who issued fake Gas Safe certificate

News

A banned boiler engineer has narrowly avoided jail after producing a fake Gas Safe certificate for a landlord. Jeffrey Lewis, 74, of Ashbourne Road, Cheadle, was asked by a landlord to repair a tenants boiler but failed to tell him he had been banned from carrying out gas wor

Plans to outlaw landlords who refuse to rent to tenants with children

Plans to outlaw landlords who refuse to rent to tenants with children

News

Jersey has launched a consultation over plans to outlaw landlords who refuse to rent to tenants with children. Social security minister deputy Judy Martin hopes to amend the Discrimination Law 2013 to protect families looking for homes on the island, which currently doesnt pr

LATEST: Liverpool begins huge HMO licensing push

LATEST: Liverpool begins huge HMO licensing push

News

Liverpool City Council has clamped down on HMO conversions as it launches a new assault on the private rented sector. Under a new Article 4 direction, any size home in the city centre will need planning permission to be converted into an HMO from 17th</s

BREAKING: Treat Hong Kong arrivals with care when checking Right to Rent, Minister warns

BREAKING: Treat Hong Kong arrivals with care when checking Right to Rent, Minister warns

News

The government appears to have admitted it has concerns about landlords discriminating against the potential influx of Hong Kong residents. Home Office Minister Baroness Williams of Trafford advised landlords to be careful when doing Right to Rent checks on inbound Hong Kong res

Forum Q&A: Early termination fees & invoices explained

Forum Q&A: Early termination fees & invoices explained

Information

Early termination fees and invoice questions answered—your top forum concerns, sorted.

REVEALED: Why not all EPCs are created equally

REVEALED: Why not all EPCs are created equally

News

Getting a good EPC rating is important for rentals to meet the MEES regulations, and in future even higher ratings will be demanded, but this can be a challenge for some landlords� Since October 2008, rental properties in England and Wales have been required to

How safe are classified sites? Another tenant scammed by fake landlord

How safe are classified sites? Another tenant scammed by fake landlord

News

A tenant has been scammed by a Gumtree advertiser who stole more than �2,000, leaving her facing homelessness. Mum-of-four, Shirley Jones, from Coventry, fell for the flat rental scam after answering the advert for a three-bedroom home in Nuneaton that was available to rent on

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Landlord TV favourite Martin Roberts hints at Strictly appearance

Landlord TV favourite Martin Roberts hints at Strictly appearance

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News
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TV property expert Martin Roberts has hinted that he’s been lined up for the next series of Strictly Come Dancing.

City hits smaller HMO landlords with £1,000 licencing bill

City hits smaller HMO landlords with £1,000 licencing bill

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News
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Landlords in Brighton & Hove with small HMOs will have to pay £1,051 from today for an additional licence.

REVEALED: Properties with sitting tenants cost 15% less to buy

REVEALED: Properties with sitting tenants cost 15% less to buy

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News
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Properties with a sitting tenant cost an average of 15% less than those without, and are a whopping 24% cheaper in Scotland, according to new figures.

NRLA rounds on political parties for ignoring LHA rates 'gap'

NRLA rounds on political parties for ignoring LHA rates 'gap'

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News
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Landlord representative body the NRLA has rounded on all the political parties ahead of this week’s General Election for ignoring one of the ‘most important’ issues facing the private rented sector.

Paragon Bank paints optimistic picture for private rented sector

Paragon Bank paints optimistic picture for private rented sector

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News
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The bank puts a positive spin on buy-to-let, despite others regularly asking, “should I give up on buy-to-let?” And Savills reveals a secret market segment that heralds growth.

Heat pumps costing landlords £5,800 each AFTER grant

Heat pumps costing landlords £5,800 each AFTER grant

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News
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Landlords and homeowners are paying an average of £5,787 to buy and fit a heat pump after deducting the £7,500 government grant.

Lawyer says some landlords 'in cahoots' with cannabis growing tenants

Lawyer says some landlords 'in cahoots' with cannabis growing tenants

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News
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More landlords are working together with tenants to commit fraud while running illegal cannabis farms, according to one property lawyer.

Furious investor slams 'anti landlord' Keir Starmer

Furious investor slams 'anti landlord' Keir Starmer

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News
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A furious landlord has criticised Keir Starmer for claiming landlords are ripping off tenants and making a fortune from huge deposits.

Does it still make sense to be a landlord? Or should we be looking to exit?

Does it still make sense to be a landlord? Or should we be looking to exit?

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It’s time to cut to the chase. We’ve all been thinking it: is property becoming more hassle than it’s worth? If you’re questioning your property portfolios, you’re not alone.

Landsec rebalancing to residential signifies a growing trend…

Landsec rebalancing to residential signifies a growing trend…

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News
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Land Securities (Landsec), last week reaffirmed its intention to reduce exposure away from office developments towards higher-yielding residential assets

Landlord couple told to pay £8,748 back to five tenants

Landlord couple told to pay £8,748 back to five tenants

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News
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A landlord couple who blamed Lambeth Council’s maladministration of its online application system for their unlicensed HMO have been told to pay £8,748 back to five tenants.

Concerns raised in House of Commons about new EPC rules for landlords

Concerns raised in House of Commons about new EPC rules for landlords

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News
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Concerns have been raised in the House of Commons about the impact of new EPC regulations on landlords.

Risk to rental sector in Wales as taxes raised, Propertymark warns

Risk to rental sector in Wales as taxes raised, Propertymark warns

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News
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Letting agents have warned that stifling rental home supply in Wales through higher taxes or by landlords passing on costs to tenants could jeopardise the PRS.

Scottish First Minister warned against promoting hydrogen boilers

Scottish First Minister warned against promoting hydrogen boilers

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News
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Housing and industry groups have warned Scottish First Minister John Swinney against promoting hydrogen boilers to heat homes.

North Hants Council creates tenants’ charter to boost standard of homes

North Hants Council creates tenants’ charter to boost standard of homes

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News
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North Herts Council has created a tenants’ charter to set out the rights and responsibilities of tenants, landlords and the council, in a bid to keep private rented homes up to scratch.

Rents grow at slowest level for three and a half years

Rents grow at slowest level for three and a half years

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News
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Rents are growing at their slowest level for more than three years, but a limited supply of new rental homes will help keep prices high, it has been revealed.

Sex offender landlord banned from letting property

Sex offender landlord banned from letting property

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News
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A landlord has been banned from letting property in Edinburgh after he failed to report that he was a registered sex offender.

International Women’s Day: Elevating women in property

International Women’s Day: Elevating women in property

Opinion
News
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Discover how women are transforming the property sector on International Women's Day. Read Victoria Valentine's inspiring story from a landlord to estate agency owner, and learn about the impact of female leadership and all-women teams in the traditionally male-dominated property industry.

Tenant activists insist "landlords need us”

Tenant activists insist "landlords need us”

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News
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Acorn has taken aim at private landlords again, this time questioning whether their existence is even necessary.

Ban on new leasehold flats moves closer

Ban on new leasehold flats moves closer

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News
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Government vows to finish the job of ending ‘feudal’ leasehold system in England and Wales

Rents rise and void periods shorten, reveals Goodlord

Rents rise and void periods shorten, reveals Goodlord

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News
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Average rents in England jump 4% in a year to February while voids dropped from 24 to 20 days

Younger people targeted in tenant fraud

Younger people targeted in tenant fraud

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News
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Almost three quarters of rental fraud involves young people, official data has revealed.

Book Review: Carl Bayley’s book, Shelter your Family from the Taxman: How to Save Inheritance Tax

Book Review: Carl Bayley’s book, Shelter your Family from the Taxman: How to Save Inheritance Tax

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News
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Carl Bayley is the author of more than twenty ‘Plain English’ TaxCafe published tax guides designed for the layperson and the non-specialist

Expert sounds alarm over rent arrears court decision

Expert sounds alarm over rent arrears court decision

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News
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Court ruling lets tenants challenge rent arrears from Universal Credit, risking landlords avoiding tenants on benefits, expert warns.

Big East of England town rushes in anti-HMO rules

Big East of England town rushes in anti-HMO rules

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News
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Fenland Council has introduced an immediate Article 4 Direction before its consultation in a bid to clamp down on burgeoning HMOs in Wisbech.

Northern council heralds landlord fines of £1.38 million... so far!

Northern council heralds landlord fines of £1.38 million... so far!

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News
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Landlords in County Durham have had to fork out fines totalling £1.38 million in the three years since selective licensing was introduced.

Dozens of new amendments proposed for Renters' Right Bill

Dozens of new amendments proposed for Renters' Right Bill

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News
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Peers have tabled amendments to the Renters’ Rights Bill which, if approved, would shape the legislation into a version of the previous Renters’ Reform Bill.

Chancellor must boost rental homes supply or risk economy

Chancellor must boost rental homes supply or risk economy

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News
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Chancellor urged to boost rental supply or risk losing young talent to housing scarcity.

Build-to-rent giant celebrates as landlords exit student sector

Build-to-rent giant celebrates as landlords exit student sector

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News
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Build-to-rent developers eye opportunities as private landlords leave student housing market.

Labour rejects new calls for rent controls

Labour rejects new calls for rent controls

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News
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The government has repeated its rejection of “heavy handed” rent controls despite pressure from peers in the House of Lords.

Northern city to clamp down on 'too many' HMOs

Northern city to clamp down on 'too many' HMOs

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News
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Preston Council has proposed new powers to reject HMO applications amid fears that the city is already being over-run by shared homes.

Landlords offered significantly discounted carpets in Scotland

Landlords offered significantly discounted carpets in Scotland

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News
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Landlords in Scotland who are members of the country’s landlord association are to get discounted carpets when refitting their rented properties,

Landlords and agents slam Scotland's 'anti PRS' budget

Landlords and agents slam Scotland's 'anti PRS' budget

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News
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Landlords and letting agents have slammed the extra BTL tax rise in the Scottish budget which they believe could backfire on the government.

Property lawyer reveals novel solution to 'glacial' evictions

Property lawyer reveals novel solution to 'glacial' evictions

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News
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Moving landlord and tenant disputes from overburdened county courts to tribunals would help clear the backlog and make evictions faster, according to a senior housing lawyer.