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Council warns of 'stiff HMO penalties' as it fines landlord �23,000

Council warns of 'stiff HMO penalties' as it fines landlord �23,000

News

A big council in the South East of England has warned landlords who dont licence their HMO properties that they face stiff fines for non-compliance. <figure id="" class="w-richtext-figure-type- " data-rt-type="" data-rt-align=""><div><img src="https://cdn.prod.website-files.com/63bef2f3c

Decent Homes Standard poses little risk for landlords

Decent Homes Standard poses little risk for landlords

News

Paragon Bank survey shows 62% of landlords support Decent Homes Standard; 74% frustrated by lack of action against substandard housing.

Claiming EPCs will cost £1000s to upgrade from D to C 'inaccurate' says expert

Claiming EPCs will cost £1000s to upgrade from D to C 'inaccurate' says expert

News

There have been many articles in the media stating that it will cost £5,000 to £6,000 to improve a residential landlords EPC from D to C. James Tanner, whose family operates a London-based PRS portfolio,&nbsp;and&nbsp;who also runs a https://www.jtannerproperties.c

NEW: 36% of tenants would accept a rent increase from a good landlord

NEW: 36% of tenants would accept a rent increase from a good landlord

News

New research within the private rented sector has unearthed surprising attitudes to rent increases among tenants. Uswitch asked 2,000 renters whether they would accept an increase when renewing their rental contract and found that on average 36% would accept an increase while 50

BREAKING: £17.9 billion landlord bill for EPC upgrades revealed

BREAKING: £17.9 billion landlord bill for EPC upgrades revealed

News

Private landlords face a combined bill of �17.9 billion to upgrade their properties to a minimum EPC band C by 2025, with landlords in the capital facing the largest bill at �3.2 billion. Knight Franks figures highlight the looming crunch within the private rented sector pr

Be wary of property courses offering 'quick routes to success' says expert

Be wary of property courses offering 'quick routes to success' says expert

News

Leading landlord and evictions figure Paul Shamplina has warned those seeking property investment training to be wary of courses which seem to provide easy shortcuts to success�. His comments were made over the weekend within an investigation by The Telegraph newspaper into

Average holiday home investor income rises by 59% since 2019

Average holiday home investor income rises by 59% since 2019

News

The UKs largest holiday home rentals website has published shocking figures that reveal the average income earned by property investors on its platform. Sykes Holiday Cottages Holiday Letting Outlook Report 2023 reveals that its average owner saw an income of �24,000 last

Tribunal slams councils for 'cash cow' licencing schemes that aren't needed

Tribunal slams councils for 'cash cow' licencing schemes that aren't needed

News

A First Tier Property Tribunal has slammed Nottingham Council for covering large swathes of the city with licensing schemes rather than targeting rogue landlords, a 'temptation' it says is faced by other local authorities. Justice for Tenants brought a case on behalf of a tenant

Shrinking buy-to-let could see a buy-to-let mortgage drought

Shrinking buy-to-let could see a buy-to-let mortgage drought

News

As landlords continue to exit the buy-to-let market, to the detriment of their tenants, could this rout also lead to buy-to-let mortgage lenders following their lead? This is a question posed by Chloe Cheung writing for the FT this last weekend. Its a serious question, a deve

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Rising costs and stalled rent – a double whammy for landlords

Rising costs and stalled rent – a double whammy for landlords

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UK landlords face rising costs, regulatory complexity, and affordability challenges, with rent growth slowing despite ongoing demand.

Number of new licensing schemes lined up has surpassed last year’s total

Number of new licensing schemes lined up has surpassed last year’s total

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News
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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.

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.

Base interest rate cut by Bank of England monetary committee

Base interest rate cut by Bank of England monetary committee

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Monetary Policy Committee decides time is to take the breaks off the economy.

Welsh Government to go ahead with HMO council tax changes

Welsh Government to go ahead with HMO council tax changes

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News
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Comments following 12-week consultation show, despite some reservations, HMOs will be counted as one property.

Unwanted residents that don’t pay any rent… 

Unwanted residents that don’t pay any rent… 

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Rats and other vermin can cause endless damage to your property, give you legal nightmares and trash your reputation as a responsible landlord

EXCLUSIVE: Fergus Wilson says he's a fair landlord, not 'Britain's worst'

EXCLUSIVE: Fergus Wilson says he's a fair landlord, not 'Britain's worst'

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News
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Landlord Fergus Wilson has rejected his label as the ‘most hated landlord’ in Britain and insists his policy of vetting tenants has always been fair.

EXPERT: Why landlords and agents must now check every tenant's identity

EXPERT: Why landlords and agents must now check every tenant's identity

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News
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Landlords and letting agents now face substantial fines if they don't check prospective tenants' identities before they move in.

Shock survey of letting agents reveals smaller landlords quitting in droves

Shock survey of letting agents reveals smaller landlords quitting in droves

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Letting agents have warned that the Renters’ Rights Bill could gut the private rental sector of one- and two-property landlords.

Landlords advertising HMO rooms 'far in advance of start date'

Landlords advertising HMO rooms 'far in advance of start date'

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HMO landlords are increasingly advertising rooms to rent way in advance of tenants moving out, new research shows.

Demand spikes for freehold houses from first time buyers - Landlords cash in before the crash

Demand spikes for freehold houses from first time buyers - Landlords cash in before the crash

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Landlords are cashing out fast as demand from first-time buyers spikes. Freehold homes are hot—now’s the time to sell.

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