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Modest drop in rental costs heralds busy start to the year

Modest drop in rental costs heralds busy start to the year

News

The average cost of rent fell slightly during December, dropping 1.47% to �1,071, according to the latest Rental Index from https://www.goodlord.co/" Goodlord .<br><br>The South West saw the largest reduction of 2.68% to �1,066 while the only region to see an increase wa

Good relationships will make all the difference in a challenging year

Good relationships will make all the difference in a challenging year

News

Landlords should think carefully before attempting to remove good tenants who resist rent increases, advises https://www.landlordaction.co.uk/ Landlord Action founder Paul Shamplina - or risk replacing them with tenants who stop paying rent. If you have a

Ban for letting agent who claimed £100K in Bounce Back loans

Ban for letting agent who claimed £100K in Bounce Back loans

News

A letting agency boss has been hit with an 11-year ban after repeatedly abusing the https://www.landlordzone.co.uk/news/landlords-who-took-out-bounce-back-loans-given-six-month-breathing-space/" Bounce Back Loan scheme. Laszlo Szabo, the sole director of Letti

Majority of landlords will have to raise rents next year 'by at least 10%'

Majority of landlords will have to raise rents next year 'by at least 10%'

News

Almost two-thirds of landlords (62%) will be forced to raise rents by at least 10% in the next 12 months if market conditions dont improve. Research by Aldermore Bank found that despite this, landlords feel conflicted about passing on costs in an alread

Legal & General reveals �5 billion investment in housing last year, including BTR.

Legal & General reveals �5 billion investment in housing last year, including BTR.

News

Legal &amp; General Capital helped fund more than 17,000 new homes across affordable housing, suburban build-to-rent (BTR), modular housing, traditional build-to-sell, and key worker homes last year. The insurance group invested �5 billion towards levelling up the UKs towns

TENANT BLOG: What I think of the Government's looming renting reforms

TENANT BLOG: What I think of the Government's looming renting reforms

News

If you havent heard of it before, the Renters' Reform Bill is set to be voted on before May 2023, bringing with it a plethora of proposed changes for landlords and tenants alike. Shelter , who along with other organisations are cam

BREAKING: Landlords cry foul over council's HMO planning rules change of mind

BREAKING: Landlords cry foul over council's HMO planning rules change of mind

News

Long-term HMO landlords in Portsmouth risk losing their C3/C4 status with no chance of getting it back due to confusion over planning rules, it is claimed. Many took advantage of the option to switch between family use (C3) and HMO (C4) without needing planning permission in 201

COMMENT: My top 10 priorities for landlords in 2023

COMMENT: My top 10 priorities for landlords in 2023

News

The rental sector is likely to see some of the biggest changes since the 1980s, so do your homework and keep yourself up-to-date. All the signs are that operating as a residential landlord in 2023 will be just as challenging as it was last year, if not more so here are my to

HONOURS: Leading property sector figure Kate Faulkner awarded OBE

HONOURS: Leading property sector figure Kate Faulkner awarded OBE

News

Leading property sector figure Kate Faulkner has been given an OBE in the New Years Honours List. Faulkners honour is for her involvement with landlords, estate agents and consumers including her work leading the property industry Home Buying and Selling Grou

Commercial landlords are 'left in the lurch'� as more business tenants go bust

Commercial landlords are 'left in the lurch'� as more business tenants go bust

News

The worst fears of a commercial landlord are realised when the flow on quarterly or monthly rent payments starts to dry up! Read on to find out what to do if you're faced with this. According to the latest available Office of National Statistics (ONS) figures, the number of comp

RISING panic reported among student landlords over plans for open-ended tenancies

RISING panic reported among student landlords over plans for open-ended tenancies

News

The NRLA has backed the growing number of student landlords 'panicked' by the Governments plans to bring in periodic or open ended tenancies across the private rental sector. Concern is widespread within the student community, new research reveals, with 84% saying they

Landlord launches petition to bring back mortgage interest tax relief for BTL

Landlord launches petition to bring back mortgage interest tax relief for BTL

News

A landlord in the Midlands has launched a parliamentary petition calling on the Government to reverse its Section 24 tax changes for landlords, which since 2017 has gradually removed their ability to claim mortgage interest rate against their tax liability. Announced by George O

Is yours one of them? 64% of PRS properties 'will not reach minimum EPC in time'

Is yours one of them? 64% of PRS properties 'will not reach minimum EPC in time'

News

Nearly two-thirds of private rental properties wont reach proposed minimum EPC levels, according to new research. Data compiled for property data platform LandTech shows that 64% of private rental properties would fail to reach an EPC rating of C or abo

BREAKING: HMRC completely rejigs and delays MTD scheme for landlords

BREAKING: HMRC completely rejigs and delays MTD scheme for landlords

News

Only landlords with property incomes over £30,000 will now need to comply with HMRC's looming https://www.gov.uk/government/publications/making-tax-digital/overview-of-making-tax-digital" target="_blank" Making Tax Digital (MTD) https://www

Abolishing Section 21 is 'sledge hammer to crack a nut' says property chief

Abolishing Section 21 is 'sledge hammer to crack a nut' says property chief

News

One of Londons leading property management figures has said the Governments plans to abolish section 21 evictions is a sledge hammer to crack a nut and not an effective solution to the issue of bad landlords within the private rented sector. The comments come from An

Scots Minister shows 'blatant disregard' for landlords with higher BTL stamp duty

Scots Minister shows 'blatant disregard' for landlords with higher BTL stamp duty

News

Landlords in Scotland have been hit with a stamp duty rise as the government strives to raise additional revenue. It announced legislation in the Budget statement to increase the rate of the Additional Dwelling Supplement from 4% to 6% for second home buyers and buy-to-let landl

BREAKING: 'Rent Smart Wales' style scheme revealed for Welsh holiday lets

BREAKING: 'Rent Smart Wales' style scheme revealed for Welsh holiday lets

News

The Welsh Government wants to know what landlords who operate holiday accommodation in the country think of its proposed regulation of the sector. Following a https://www.landlordzone.co.uk/news/breaking-labour-and-plaid-cymru-to-jointly-force-through-rent-controls-in-w

WARNING: Spray foam can lead to refused mortgage applications

WARNING: Spray foam can lead to refused mortgage applications

News

In September the Government announced a �2bn plan to offer home insulation grants of up to �5,000 per household in England. This is to be known as the https://www.gov.uk/guidance/apply-for-the-green-homes-grant-scheme" target="_blank" Green Homes Grant and has replaced

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'New model rental contracts in Wales put deposits in jeapordy'

'New model rental contracts in Wales put deposits in jeapordy'

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Landlords in Wales have found themselves unable to make deductions to deposits when using occupation contract templates, it has been claimed.

Selective licencing given green light in 'blighted' seaside town

Selective licencing given green light in 'blighted' seaside town

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News
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Northumberland council is the latest to approve more selective licencing with two wards in the seaside town of Blythe.

Landlord minister joins new Labour housing team

Landlord minister joins new Labour housing team

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News
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Five new housing ministers have been tasked with helping the government deliver homes and reform the PRS – and one of them is a landlord.

Labour told to address dire rental supply problem

Labour told to address dire rental supply problem

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News
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Frustrated surveyors have urged the government to introduce fair legislation that increases supply as landlords continue to quit the sector.

WARNING: Hasty eviction reforms will be 'nail in coffin' of PRS

WARNING: Hasty eviction reforms will be 'nail in coffin' of PRS

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News
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Propertymark has warned that abolishing Section 21 without an adequate replacement mechanism will add 'another nail in the coffin' of the PRS.

Council to launch third licencing scheme charging £609

Council to launch third licencing scheme charging £609

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News
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Salford Council is to launch a consultation into reviving one of its selective licencing schemes - offering landlords slightly cheaper licences than eight years ago.

POLL: Higher costs to force 85% of landlords to raise rents

POLL: Higher costs to force 85% of landlords to raise rents

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News
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Most buy-to-let landlords plan to raise rents in the next 12 months after being hammered by higher interest rates and operating costs.

Rental arrears ease as cost-of-living crisis recedes

Rental arrears ease as cost-of-living crisis recedes

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News
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Fewer tenants are going into rent arrears, according to the latest figures from Handelsbanken.

Idea of rent caps 'scares the life out of landlords' warns Shamplina

Idea of rent caps 'scares the life out of landlords' warns Shamplina

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Podcast
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Paul Shamplina warns that introducing rent caps could drive landlords out of the market, potentially worsening housing supply issues.

OFFICIAL: Landlords now waiting 25 weeks to evict tenants

OFFICIAL: Landlords now waiting 25 weeks to evict tenants

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News
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Landlords are waiting even longer to repossess their properties - up to 25 weeks in the last quarter of 2024.

Students call for TripAdvisor-style reviews for rented student homes

Students call for TripAdvisor-style reviews for rented student homes

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News
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Fed-up students in Bristol have launched a campaign to introduce a TripAdvisor style review system for the city’s accommodation.

OFFICIAL: Tenants blame 'lazy landlords' for poor property repairs

OFFICIAL: Tenants blame 'lazy landlords' for poor property repairs

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News
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Tenants cite lazy landlords as the main reason for repairs and maintenance not being done in their rental homes.

Campaign group reveals plan to bring in rent controls

Campaign group reveals plan to bring in rent controls

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News
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Rents should emulate energy prices, with a cap used to help people pay a fairer price for bills, says Generation Rent.

'Smaller landlords being hit hardest by new regulations'

'Smaller landlords being hit hardest by new regulations'

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News
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Landlords with small portfolios are being disproportionately impacted by an increasingly regulated PRS, according to Shadow Housing Minister Kevin Hollinrake.

The LandlordZONE Podcast talks to the UK's leading letting agent

The LandlordZONE Podcast talks to the UK's leading letting agent

Podcast
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Podcast
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We thought it fitting that one of the first people our new The LandlordZONE series talked to should be the current public face of the industry.

Landlords face £15K costs to meet energy targets

Landlords face £15K costs to meet energy targets

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Stringent new energy efficiency rules could see landlords hit with bills totalling tens of thousands of pounds. James Kent explains more.

EPC upgrade policy is 'unworkable and unrealistic' NRLA tells Labour

EPC upgrade policy is 'unworkable and unrealistic' NRLA tells Labour

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News
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The NRLA has urged the government to rethink its “unworkable and unrealistic” energy efficiency plans for the private rented sector.

Property investment firm cautioned over 'unclear' newspaper advert

Property investment firm cautioned over 'unclear' newspaper advert

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News
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A holiday property investment company has had its knuckles rapped over a misleading advert in The Times that promised investors whopping returns.

Landlords to face longer, harsher licensing schemes, says CIEH

Landlords to face longer, harsher licensing schemes, says CIEH

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News
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The Chartered Institute of Environmental Health (CIEH) has secured two amendments around tougher licensing rules in the next Renters’ Rights Bill debate.

Rise in number of landlords allowing tenants to redecorate

Rise in number of landlords allowing tenants to redecorate

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News
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Surprising new research has revealed that three quarters of landlords would allow a tenant to redecorate their home, and half of landlords would pay for the costs of completing the work.

Housing law expert to host 'deep dive' into Labour's reforms

Housing law expert to host 'deep dive' into Labour's reforms

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News
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Landlords are being invited to join a deep dive into the Renters’ Rights Bill during a two-day online conference featuring big hitters from the property sector.

Thousands of HMO landlords to face tougher rules in East of England

Thousands of HMO landlords to face tougher rules in East of England

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News
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Norwich Council is overhauling its HMO policy by bringing in higher standards and tougher enforcement action.

Stretched councils 'unable to police landlords' mouldy homes'

Stretched councils 'unable to police landlords' mouldy homes'

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News
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Local authorities are not enforcing private landlords’ legal duty to maintain safe housing, a BBC investigation has found.

High-profile landlord warns Energy Secretary over EPC upgrade plan

High-profile landlord warns Energy Secretary over EPC upgrade plan

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Nottingham benefits landlord Mick Roberts has warned that the government’s push to get rental properties up to an EPC C by 2030 could backfire.

Labour struggling with house building – quantity as well as quality

Labour struggling with house building – quantity as well as quality

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News
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Angela Rayner’s promise to build 1.5 million new homes this Parliament is looking increasingly optimistic

BTL via Ltd company now most popular route

BTL via Ltd company now most popular route

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Seven out of 10 landlords planning to buy a new rental property during the next 12 months will use a limited company structure, it has been claimed.

Landlord to repay tenants £21,000 after failing to license HMO

Landlord to repay tenants £21,000 after failing to license HMO

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News
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Four tenants have won £21,076 from their landlord who failed to explain why she hadn’t licensed her damp and cold HMO.

Rocketing leasehold charges trapping landlords with unsaleable flats

Rocketing leasehold charges trapping landlords with unsaleable flats

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News
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Many landlords are struggling to sell leasehold flats because management charges have reached astronomical levels with many now forking out £2,000 or more a year.

Housing minister reveals plans to digitise property buying and selling

Housing minister reveals plans to digitise property buying and selling

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News
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Landlords buying or selling homes will soon enjoy a smoother and quicker property transaction process after the Government announced that it is to digitise the system.

Salvation Army joins growing calls for Labour to unfreeze LHA

Salvation Army joins growing calls for Labour to unfreeze LHA

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The Salvation Army has joined calls for the UK government to help prevent homelessness in Scotland by scrapping the planned freeze on Local Housing Allowance (LHA).

Labour to force landlords to achieve EPC band C minimum

Labour to force landlords to achieve EPC band C minimum

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The government has confirmed its plan to force all private landlords to get their rental properties up to an EPC C – from the current EPC E – by 2030.

Renters’ Rights could scupper students’ uni plans

Renters’ Rights could scupper students’ uni plans

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Students from the UK and overseas could miss out on a university education unless the Government makes urgent changes to its Renters’ Rights Bill.

Tenants rescued by inspection officers after ignoring CO alarm

Tenants rescued by inspection officers after ignoring CO alarm

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A Birmingham Council officer has saved the lives of a family of renters during a selective licensing compliance visit.

Rental reforms stir controversy in House of Lords

Rental reforms stir controversy in House of Lords

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Despite warnings about potential unintended consequences of the Renters’ Rights Bill, the Bill is speeding through Parliament