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UPDATED: The importance of the residential property Inventory

UPDATED: The importance of the residential property Inventory

Information

Ever since the launch of the Tenancy Deposit Scheme in April 2007, the lettings industry has recognised the importance of a professional standard inventory if deposit damage claims by landlords or their agents are to succeed.

80% of landlords ‘were ready for EPC changes’ scrapped by Rishi Sunak this week

80% of landlords ‘were ready for EPC changes’ scrapped by Rishi Sunak this week

News

Rishi Sunak’s decision to scrap tougher EPC rules for rented properties may spark anger among some landlords following new research that four in five of them had already made preparations to meet the former minimum ‘Band C’ requirement.

Short-let landlords in London ‘must be regulated and taxed more’ says Westminster

Short-let landlords in London ‘must be regulated and taxed more’ says Westminster

News

Westminster City Council has repeated its calls for a compulsory registration scheme for short-term lets, a tax on overnight stays and powers to issue penalties to unregistered hosts, saying Airbnb is now causing an ‘enforcement nightmare’.

Offering sex for rent should be ‘specific offence’ say tenant campaigners

Offering sex for rent should be ‘specific offence’ say tenant campaigners

News

The government is being urged to bring in a dedicated ‘sex for rent’ law to protect tenants after it promised to clamp down on predatory adverts.

Higher rents caused by more landlords than usual quitting says Bank of England

Higher rents caused by more landlords than usual quitting says Bank of England

News

The Bank of England has blamed higher rents on more landlords than usual quitting the private rental market within its detailed quarterly report on the economy.

REVEALED: What the boiler replacement scheme change means for landlords

REVEALED: What the boiler replacement scheme change means for landlords

News

Landlords have more of an incentive to make green improvements following PM Rishi Sunak’s announcement that they can now claim £7,500 for a heat pump installation.

Offering sex for rent should be 'specific offence' say tenant campaigners

Offering sex for rent should be 'specific offence' say tenant campaigners

News

The government is being urged to bring in a dedicated �sex for rent' law to protect tenants after it promised to clamp down on predatory adverts.

Short-let landlords in London 'must be regulated and taxed more' says Westminster

Short-let landlords in London 'must be regulated and taxed more' says Westminster

News

Westminster City Council has repeated its calls for a compulsory registration scheme for short-term lets, a tax on overnight stays and powers to issue penalties to unregistere

UPDATED:Brighton looks to licence 23,000 properties under massive new scheme

UPDATED:Brighton looks to licence 23,000 properties under massive new scheme

News

Brighton & Hove Council hopes to introduce a huge selective licensing scheme that would eventually cover 17 of the city’s 23 wards.

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Councils call for huge fines if landlords evade new eviction rules

Councils call for huge fines if landlords evade new eviction rules

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Councils are calling for a widening of the conditions under which tenants can claim rent repayment orders (RROs) as part of the Renters (Reform) Bill.

Landlords called out over £80m interest from rental deposits

Landlords called out over £80m interest from rental deposits

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News
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Letting agents and landlords are benefitting from higher interest rates by reaping more than £80 million this year from billions of pounds’ worth of tenants’ deposits.

Term tenancy are fixed and must be for all landlords

Term tenancy are fixed and must be for all landlords

Opinion
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A leading student accommodation expert has urged the Government to create a level playing field for the sector within the looming Renters (Reform) Bill or face a perfect storm of rising rents and contracting suipply.

Renting reform minister GONE nine months after getting job

Renting reform minister GONE nine months after getting job

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News
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A housing minister appointed just nine months ago by Rishi Sunak has now been asked to stand down during today’s reshuffle triggered by the sacking home Home Secretary Suella Braverman.

Landlords angry over council's property licencing U-turn

Landlords angry over council's property licencing U-turn

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News
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A big NE of England council is considering supplementing its landlord-led scheme with selective licensing in large parts of the town.

Landlord home buying slumps to lowest level for 13 years

Landlord home buying slumps to lowest level for 13 years

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News
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Landlords are selling more homes than they’re buying, according to Hamptons’ monthly letting index, although the sell-off is slowing down.

Debate rages: Will banning Section 21 evictions reduce supply?

Debate rages: Will banning Section 21 evictions reduce supply?

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News
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Fears that banning section 21 will harm the PRS in England are entirely misplaced, based on contradictory evidence in Scotland, according to The Social Market Foundation (SMF).

Tax liability – how to minimise it as a landlord

Tax liability – how to minimise it as a landlord

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As a landlord, you want to ensure your property business is as profitable as possible – and that means minimising your tax liability, so you don’t pay HMRC any more than you need to. Here are some options that can help you do that.

Tenants using the home to run a business - how safe are you?

Tenants using the home to run a business - how safe are you?

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News
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The Landlord and Tenant Act 1954 Part II provides security of tenure to tenants of premises occupied for business purposes, or mixed residential and business purposes. Under the provisions of the 54 Act, it is possible for a lease or tenancy of a property, used for both resid

'Law gives too much protection to rogue tenants', says landlord of trashed property

'Law gives too much protection to rogue tenants', says landlord of trashed property

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News
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A fed-up landlord has slammed the legal system for unfairly favouring poorly-behaved tenants after a brutal eviction.

Big seaside town goes live with more HMO planning restrictions

Big seaside town goes live with more HMO planning restrictions

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Landlords in Eastbourne now need to get planning permission for HMO conversions in parts of the town centre after councillors approved new rules.

Landlord faces £60,000 repair bill after cannabis farms discovery

Landlord faces £60,000 repair bill after cannabis farms discovery

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News
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Controversial landlord Fergus Wilson faces a £60,000 repair bill after three of his rental properties were turned into cannabis factories.

'Heavily vetting tenants before they move in will soon be essential, not optional'

'Heavily vetting tenants before they move in will soon be essential, not optional'

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News
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Landlords who fail to factor in inflation, interest rates, and pressure on household budgets when vetting tenants could end up with rent arrears.

Landlords told to 'get ready' for next April's Making Tax Digital switchover

Landlords told to 'get ready' for next April's Making Tax Digital switchover

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News
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Landlords have been warned by the Government to begin researching available software before tax returns begin to go digital next April.

UK's first 'tourist tax' goes live for Scots holiday lets landlords

UK's first 'tourist tax' goes live for Scots holiday lets landlords

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News
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Edinburgh’s landlords and letting agents have been urged to start preparing for the city’s 5% ‘tourist levy’.

Selective Licensing and Anti-Social Behaviour – are landlords to blame?

Selective Licensing and Anti-Social Behaviour – are landlords to blame?

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News
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Are remote landlords fuelling local problems? Are these purchases simply causing misery for local populations? Is selective licensing up to the job?

BBC reveals 'widespread' black market in unlicensed HMOs

BBC reveals 'widespread' black market in unlicensed HMOs

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News
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A reporter who responded to adverts in shop windows in east London for a ‘bedspace’ in shared rooms found unsanitary and overcrowded unlicensed homes.

The cost of ignoring an improvement notice? £16,000 says council

The cost of ignoring an improvement notice? £16,000 says council

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News
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A landlord who left her tenants in a damp and mouldy flat has been ordered to pay a whopping £16,267 by magistrates.

Welsh student landlord 'to quit' as renting reforms loom

Welsh student landlord 'to quit' as renting reforms loom

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News
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Marcel Price is considering converting his properties into short-term holiday lets due to fears over the Renters’ Rights Bill.

Legal expert reveals when each part of renting reforms to go live

Legal expert reveals when each part of renting reforms to go live

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News
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Lawyer David Smith casts an expert eye over the legislation and divines when its different parts will become law.

Landlords urged to sign Stamp Duty reform petition

Landlords urged to sign Stamp Duty reform petition

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News
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Leading organisations including Phil Spencer back the campaign, which seeks to give landlords more time to pay their Stamp Duty.

HFIS pays tribute to industry leader Mike Morgan

HFIS pays tribute to industry leader Mike Morgan

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News
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HFIS is deeply saddened to announce the passing of Mike Morgan, a key figure at Property Redress and Client Money Protect

Encourage, not DISCOURAGE landlords from investing, urges leader

Encourage, not DISCOURAGE landlords from investing, urges leader

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Comments follow new research that reveals rise in tenants being evicted as their landlords prepare to sell up.

The UK discrimination laws and the Renters' Rights Bill 

The UK discrimination laws and the Renters' Rights Bill 

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What Landlords need to know now! Protection from discrimination to be a key component of the new Act

Midlands landlord first in UK to voluntarily withdraw from renting homes

Midlands landlord first in UK to voluntarily withdraw from renting homes

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Aunberin Saddique is the first landlord in the UK to make the undertaking under the Digital Marketing, Competition and Consumer Act 2024.

Pressure grows for landlord database to 'go much further'

Pressure grows for landlord database to 'go much further'

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News
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New Economics Foundation says Private Rented Sector Database must be a major tool to fund and direct enforcement.

Eight years on from tradgedy, Grenfell Tower to be taken down

Eight years on from tradgedy, Grenfell Tower to be taken down

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News
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The government has vowed to carefully dismantle Grenfell Tower behind its white outer wrapping to “respect the unique circumstances of the tragedy".

Lets party? Lads' mag founder turns his hand to landlord advice

Lets party? Lads' mag founder turns his hand to landlord advice

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News
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Former enfant terrible of the publishing world, James Brown, has revealed his tips for successful holiday let.

Landlord fined for fly tipping fridges on his own land

Landlord fined for fly tipping fridges on his own land

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News
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A landlord has been fined for failing to clear a huge pile of fridges from the front garden of his empty rental property.

You could save thousands with these simple maintenance tasks!

You could save thousands with these simple maintenance tasks!

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Regular property inspections and maintenance help landlords prevent costly repairs. Budget 1% of property value yearly and follow seasonal checklists

Rich landlords? Most earn just £17,600 a year reveal official figures

Rich landlords? Most earn just £17,600 a year reveal official figures

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News
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Private landlords are earning an average of £17,665 a year – although profits are much slimmer, according to the latest figures.

Being 'amateur' no defence against rent repayment order, judge tells landlord

Being 'amateur' no defence against rent repayment order, judge tells landlord

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News
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The expensive dangers for 'amateur' landlords who don't realise their regulatory responsibilities have been revealed during a Tribunal hearing.

'It will be a lively debate' promises Shamplina ahead renting reform webinar

'It will be a lively debate' promises Shamplina ahead renting reform webinar

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News
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Property investors are invited to sign up for a unique property investor network event next month examining the Renters' Rights Bill.

Council to seek more powers to 'hold rogue landlords to account'

Council to seek more powers to 'hold rogue landlords to account'

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Hillingdon Council has agreed to consider additional licensing after residents raised concerns about growing problems in the London borough.