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Anti-money laundering legislation to apply to letting agents

Anti-money laundering legislation to apply to letting agents

News

The Government thinks that the risk of money laundering taking place in estate agency is on the rise, especially in high-end lettings - the top 5% of lets in value. However, there is a lot of uncertainty as to the full scale of money laundering in lettings says ARLA Propertymark. <p id="

Case Law: planning law and the right to light

Case Law: planning law and the right to light

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In Beaumont Business Centres Ltd v Florala Properties Ltd (2020) the High Court considered the legal position regarding a serviced office providers right to light following an adjoining apathotel development. Beaumont Business Centres Limited took out an injunction against Fl

Test Case: Landlord's consent with mutual and absolute covenants

Test Case: Landlord's consent with mutual and absolute covenants

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In this case - Duval v 11-13 Randolph Crescent Ltd - reached the Supreme court in May 2020 after a tenant in a block of flats had requested the landlords consent for alterations, but disputed by another tenant in the same block, objecting to the landlord giving consent. Under

Why does it feel like the Tories have turned on landlords? Here's one answer

Why does it feel like the Tories have turned on landlords? Here's one answer

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Whatever their politics, many landlords are wondering why successive Conservative governments have proved to be so hostile to buy-to-investors, given its former party of the landlord moniker. This includes the 3% stamp duty increase, Section 24 tax relief reductions, the a

David Coughlin: how I escaped recession era Liverpool to build a 100-property portfolio

David Coughlin: how I escaped recession era Liverpool to build a 100-property portfolio

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David Coughlins journey from the son of an unemployed Bootle docker to a 100-property portfolio landlord is one of the private rental markets more extraordinary journeys. Now pushing fifty years old, it was in his mid-20s that he began investing in property. Co

Queen evicts couple over �32 bill, revealing Royal Household is exempt from evictions ban

Queen evicts couple over �32 bill, revealing Royal Household is exempt from evictions ban

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Landlords might feel slightly peeved to discover that the Queen is exempt from the current eviction ban. As a landlord, her Majesty rents out a number of Royal Household properties, but unlike every other landlord in the UK whos up against the evictions ban until next year, s

TV property tycoon rejects claim he's a 'notorious rogue landlord'

TV property tycoon rejects claim he's a 'notorious rogue landlord'

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Multi-millionaire property tycoon Andrew Panayi (pictured, above) has hit back at councillors who dubbed him a notorious rogue landlord�. Islington Council refused planning permission for a two-bedroom flat in Londons Caledonian Road, submitted by Panayi who infamously,

LATEST: Disappeared guest house investment couple re-emerge in Oz

LATEST: Disappeared guest house investment couple re-emerge in Oz

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A property investment guru couple who disappeared leaving disappointed participants in their investment schemes puzzled as to their whereabouts have popped up as spiritual leaders in Australia. Marta and Lloyd Smith - now known as Riya Loveguard and Aeron Lazar - ran Home

Landlords must 'go green' as government reveals gas boiler ban for rented properties

Landlords must 'go green' as government reveals gas boiler ban for rented properties

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The Government is to phase out gas by 2035 as part of its green ten-point plan announced this week, meaning millions of boilers across the private rented sector are on borrowed time. CEO of the Chartered Institute of Plumbing and Heating Engineering (CIPHE), Kevin Wellman, under

Reluctant landlords: cladding woes force owners to let out properties at a loss

Reluctant landlords: cladding woes force owners to let out properties at a loss

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Thousands of leaseholders are stuck in their flats because they cannot sell due to unsafe cladding installed on their high rise blocks. Sales are stalled because potential buyers cant obtain a mortgage until the defective cladding is replaced and the building declared safe by a specialis

Legal Case: Rogerson v Bolsover District Council '� landlord's liabilities

Legal Case: Rogerson v Bolsover District Council '� landlord's liabilities

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Landlords owe a duty of care to their tenants to make sure, as far as is reasonably possible, to be sure a property is safe, both at the commencement and during the course of a tenancy. This Court of Appeal case in 26 February 2019 relates to a council tenancy, though its implic

Watch out for parking space scammers, warns landlord

Watch out for parking space scammers, warns landlord

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Landlords are being warned to beware of scammers renting out parking spaces outside their properties following a expose on national radio. Landlord Simon Gallagher had to install bollards after someone began advertising his tenants driveway to commuters for �8 a day. <p i

Landlords renewing their licence in Wales MUST now complete regular property inspections

Landlords renewing their licence in Wales MUST now complete regular property inspections

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Welsh landlords renewing their licence with Rent Smart Wales after 23rd November now need to organise regular mandatory property inspections. The new condition - introduced&nbsp;by Rent Smart Wales for any new landlords&nbsp;signing up from 1st July and any rene

TRENDING: Struggling hotels begin converting into HMOs to survive

TRENDING: Struggling hotels begin converting into HMOs to survive

News

A woman hoping to convert her 32-bedroom hotel into an HMO after being hit hard by Covid could spark a trend for more owners moving into the private rented sector. Andreani Ahooie, whos run the https://www.longviewhotel.com/" target="_blank" Longv

Warwick University accused of leaving 500 private landlords in the lurch

Warwick University accused of leaving 500 private landlords in the lurch

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Hundreds of landlords face trying to find new tenants for their student HMOs after the University of Warwick ditched its property management scheme. Under its Head Lease Scheme, landlords signed-over their houses to the university for years at a time for guaranteed rent, which

Legal Issue '� is the heating system in a rental property fit for purpose?

Legal Issue '� is the heating system in a rental property fit for purpose?

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Tenants may complain, or as in the following case, the councils inspectors may deem it to be the case, that the system supplied is inadequate for safe living. The Aldford Two LLP v Bristol City Council appeal (2010 Residential Property Tribunal - RTP) against an improveme

Landlords must now issue TWO Section 8 notices to get around 'crazy' eviction rules

Landlords must now issue TWO Section 8 notices to get around 'crazy' eviction rules

News

Increasing numbers of landlords are being forced to issue a second Section 8 notice to tenants who have stopped paying their rent as the sector grapples with the crazy evictions rules in place now, it has been claimed. The UKs leading lettings industry trade body ARLA P

Zero to Hero: John Howard - how it all began

Zero to Hero: John Howard - how it all began

News

John Howard has had a lot of fingers in different property pies over the past 45 years, working his way up from being the son an estate agent to a major figure within the property industry. As well as being a significant portfolio landlord he is also a developer and consultant,

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Is commercial property a good hedge against inflation?

Is commercial property a good hedge against inflation?

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Commercial real estate has the advantage of providing landlords with a high income return, generally a higher yield than residential property, thats providing your tenants remain, rents can be increased regularly to keep pace with inflation, and where finances are involved, interest rate

What is the future of commercial real estate law?

What is the future of commercial real estate law?

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SearchFlow one of the biggest conveyancing search providers in England and Wales has over 2,500 legal clients and conducts more than 1 million searches every year. On the 17th of May SearchFlows web seminar will brings together leading lawyers and practitione

New rental portal to track landlords and properties

New rental portal to track landlords and properties

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England’s new private rental portal to track landlords, properties, compliance & disputes—enhancing transparency and enforcement.

SHOCK drop in number of HMOs blamed on growth of council licensing schemes

SHOCK drop in number of HMOs blamed on growth of council licensing schemes

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HMO numbers in England have dropped by 3% during the past 12 months many landlords offloaded their buy-to-let stock instead of negotiating more legislative hurdles. Market analysis by Octane Capital reveals that while there were 511,278 HMOs in 2019/2020, this fell to 497,884 in

EXCLUSIVE: Controversial landlord Fergus Wilson to appeal �125,000 fine over 'harassment'

EXCLUSIVE: Controversial landlord Fergus Wilson to appeal �125,000 fine over 'harassment'

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Multi-millionaire landlord Fergus Wilson has vowed to appeal against a High Court ruling ordering him to pay �125,000 to Ashford Council for harassing staff. A defiant Wilson tells LandlordZONE that he continues to dispute claims and believes the authorit

Don't fall foul of the disclosure laws when selling or letting a property

Don't fall foul of the disclosure laws when selling or letting a property

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Traditionally, contracts for buying and selling property always relied on the old English common law principle of caveat emptor, or let the 'buyer beware'. In other words, the seller did not need to reveal material facts (defects) about the property for sale so long as the buyer, with

EXCLUSIVE: 'Cut or scrap stamp duty' say backbench MPs... but not for landlords

EXCLUSIVE: 'Cut or scrap stamp duty' say backbench MPs... but not for landlords

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Tory MPs are urging the government to cut or scrap stamp duty in a bid to save homebuyers thousands although their proposals dont extend to landlords, LandlordZONE can reveal. Kevin Hollinrake, a member of the Treasury select committee and founder of Hunters estate agent,

UPDATE: Wood-burning stove emissions rule changes

UPDATE: Wood-burning stove emissions rule changes

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There are said to be over a million British houses using wood burning stoves. Some of these are in rental properties and owners and tenants will want to be aware of the law changes on wood burning which were introduced this year. You could be penalised if you own or buy a wood-b

LATEST: Facebook slammed again for enabling scammers to rip off private tenants

LATEST: Facebook slammed again for enabling scammers to rip off private tenants

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Facebook Marketplace has come under fire once more for helping facilitate rental scams, this time during a BBC One Rip-Off Britain investigation aired this morning. The programme highlighted two examples of rental scams, both of whic

Landlord avoids £29K rent repayment order after tribunal ruling

Landlord avoids £29K rent repayment order after tribunal ruling

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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.

Renters' Rights Bill to be discussed by expert panel at National Landlord Investment Show

Renters' Rights Bill to be discussed by expert panel at National Landlord Investment Show

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The huge changes that the Renters' Rights Bill will introduce for private landlords will be addressed by a panel of top experts at this year’s National Landlord Investment Show.

Tenants likely to go for every target when tougher rent repayment orders take effect, warns solicitor

Tenants likely to go for every target when tougher rent repayment orders take effect, warns solicitor

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Tenants are likely to go after every plausible target when tougher rent repayment orders take effect later this year, a solicitor has warned.

Number of new tenancies agreed increases, Propertymark reveals

Number of new tenancies agreed increases, Propertymark reveals

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The average number of new tenancies agreed per lettings agent branch climbed to around eight in the first month of this year, a new report has revealed

Rogue landlords face revised penalties of up to £30,000 per offence, Haringey Council warns

Rogue landlords face revised penalties of up to £30,000 per offence, Haringey Council warns

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Haringey Council has introduced tougher fines for errant landlords in a bid to raise housing standards across the London borough.

Shrinking pool of rental homes continues to drive up rents, reports RICS

Shrinking pool of rental homes continues to drive up rents, reports RICS

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A shrinking pool of rental properties continued to drive up rents last month, despite reduced demand from tenants

Rental homes that aren’t up to scratch are under increased threat

Rental homes that aren’t up to scratch are under increased threat

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Private landlords whose properties aren’t up to scratch face a significant increase in pressure and threat when the Decent Home Standard kicks in.

Tenants urged by housing minister to challenge unfair rents

Tenants urged by housing minister to challenge unfair rents

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Tenants are being urged by the housing minister to challenge unfair rent increases.

Parents as landlords strain family relationships

Parents as landlords strain family relationships

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The ‘parent landlord’ phenomenon has caused increasing numbers of adult children to put a strain on family life, a new survey finds.

Student landlords urged to review contract accuracy

Student landlords urged to review contract accuracy

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Student landlords have been warned their existing contracts won’t be entirely accurate once the Renters’ Rights Bill takes effect after the summer.

Small landlords could soon be replaced, warns top property lawyer

Small landlords could soon be replaced, warns top property lawyer

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Small landlords with one or two properties could end up being replaced by larger portfolio or corporate landlords as part of the Government’s push to improve standards, according to a top property lawyer.

NAEA warns of unintended consequences of rental auctions

NAEA warns of unintended consequences of rental auctions

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The agent’s professional body NAEA Propertymark has raised concerns about the running of the rental auctions scheme

One in four households pay four times more for heat

One in four households pay four times more for heat

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Energy study finds one in four households pay more by avoiding central heating.

Empty homes rather than holiday lets should be targeted by the Government

Empty homes rather than holiday lets should be targeted by the Government

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Empty homes should be targeted by the Government, rather than punishing the short-let sector, a holiday let firm has argued.

Less than 10% of rentals pet-friendly, says Zero Deposit

Less than 10% of rentals pet-friendly, says Zero Deposit

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Less than one in ten rental properties currently on the market are pet-friendly, new research has revealed.

Tenant disputes reach highest level in five years, new research from FCC Paragon suggests

Tenant disputes reach highest level in five years, new research from FCC Paragon suggests

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Tenants lodged an estimated 47,405 disputes across the PRS in 2024, a 13% increase on the previous year and the highest number in the past five years.

Average rents in England rise to £1,213 in March

Average rents in England rise to £1,213 in March

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The Government has vowed that “seismic reforms” in its new Planning and Infrastructure Bill will help get families out of temporary accommodation.

Rents in purpose-built student accommodation continue to outpace HMOs

Rents in purpose-built student accommodation continue to outpace HMOs

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Rents in purpose-built student accommodation (PBSA) continue to outpace HMOs, with foreign students particularly bolstering their growth.

Renting costs more than buying a home, Zoopla data reveals

Renting costs more than buying a home, Zoopla data reveals

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First-time buyers are paying 20% less a month on their mortgage payments compared to what tenants pay in rent, new figures have revealed.

Landlord slams lender after it sends letters to his tenants showing monthly mortgage payments

Landlord slams lender after it sends letters to his tenants showing monthly mortgage payments

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Nottingham benefits landlord Mick Roberts has slammed Barclays after it sent letters to 22 of his tenants, listing his monthly payments and erroneously alerting them that he is in mortgage arrears.

Rogue landlord duo hit with £90,000 fines after e-bike fire

Rogue landlord duo hit with £90,000 fines after e-bike fire

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A rogue landlord duo has been fined more than £90,000 for safety offences that led to the death of one of their tenants in a fire.

Rogue landlords are not always who they seem…

Rogue landlords are not always who they seem…

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Not all poor housing standards are in the private sector, many social landlords have problems reaching the new higher standards

House prices dip as buyers brace for higher stamp duty

House prices dip as buyers brace for higher stamp duty

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House prices dipped by 0.1% in February, but annual growth held steady at 2.9%, with the cost of an average property down £213 to £298,602.

Letting agents urge peers to listen to their concerns ahead of the Renters’ Rights Bill committee stage in the House of Lords

Letting agents urge peers to listen to their concerns ahead of the Renters’ Rights Bill committee stage in the House of Lords

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Letting agents have urged peers to listen to their concerns ahead of the Renters’ Rights Bill committee stage in the House of Lords.

More councils will launch selective licensing if 20/20 rule is ditched, legal expert warns

More councils will launch selective licensing if 20/20 rule is ditched, legal expert warns

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A legal expert has warned that ditching the 20/20 rule around selective licensing will prompt more councils to launch or expand schemes.