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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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Portsmouth landlords throw party to celebrate four decades

Portsmouth landlords throw party to celebrate four decades

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Landlords celebrated 40 years of Portsmouth & District Private Landlords Association (PDPLA) with a garden party for old and new members.

Councils will make surprise visits in bid to snare rogue landlords

Councils will make surprise visits in bid to snare rogue landlords

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News
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Local authorities will be able to enter private rented properties without informing landlords in advance.

Discrimination clampdown could trip up unwary landlords

Discrimination clampdown could trip up unwary landlords

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News
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Landlords could get caught out by tougher rules around discrimination unless they evidence legitimate reasons.

“Landlord Whales”: the Super–Landlords quietly exiting the sector for big cheques

“Landlord Whales”: the Super–Landlords quietly exiting the sector for big cheques

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"Landlord Whales”: the Super–Landlords quietly exiting the sector for big cheques

Planning reforms haven't worked says leading build-to-rent firms

Planning reforms haven't worked says leading build-to-rent firms

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News
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Planning red tape has caused a slowdown in build-to-rent (BTR) schemes that risks undermining investor confidence, according to the new Build to Rent

Inventory boss slams Government's 'pet in lets' rules chaos

Inventory boss slams Government's 'pet in lets' rules chaos

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News
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The government risks creating uncertainty and conflict between landlords and tenants unless rules are clarified soon.

Surge in tenants 'staying put' as moving becomes more expensive

Surge in tenants 'staying put' as moving becomes more expensive

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News
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Many tenants are staying put for much longer due to their struggle to find rentals and the prospect of paying higher rents for a new property.

Tory blogger mounts unusual challenge to looming pet rules

Tory blogger mounts unusual challenge to looming pet rules

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News
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Blogger and former Tory politician says new pet acceptance rules legalise trespass by livestock.

Big fine for portfolio landlord who ignored licensing scheme

Big fine for portfolio landlord who ignored licensing scheme

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News
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A rogue landlord has been fined £23,500 for knowingly failing to license one of their properties in Haringey.

Airbnb encourages tenants to sublet their homes

Airbnb encourages tenants to sublet their homes

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News
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Airbnb has teamed up with global landlord Greystar to allow tenants in three London apartment blocks to rent out their homes.

Full details of landlord fines and prosecutions (or lack of them) revealed

Full details of landlord fines and prosecutions (or lack of them) revealed

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News
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More than 100 local councils in England and Wales have not prosecuted any rogue landlords in the last five years despite getting thousands of complaints.

Farmers and farm tenants “up in arms” over budget measures

Farmers and farm tenants “up in arms” over budget measures

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News
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Ever since the government announced its new inheritance tax rules, there has been intense debate about how many people will be affected

NRLA and minister lock horns over ongoing eviction court delays

NRLA and minister lock horns over ongoing eviction court delays

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The NRLA has insisted that its evidence around the Renters’ Rights Bill was not “alarmist” nor due to “fundamental opposition” to proposed changes as claimed by housing minister Matthew Pennycook.

REVEALED: Main reasons given by landlords for raising rents

REVEALED: Main reasons given by landlords for raising rents

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News
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Higher market rents is the most common reason given by landlords for a rent hike, affecting 20% of private renters, according to new research by Generation Rent.

Irish landlords to face rent controls promises Sinn Féin

Irish landlords to face rent controls promises Sinn Féin

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News
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Irish landlords are facing rent controls after one of the three main parties running for election next Friday (29th November) promised to ‘cut rents’ as the cost of living continues to be an issue.

Stopping landlords raising rents in between tenancies 'will not survive contact with reality'

Stopping landlords raising rents in between tenancies 'will not survive contact with reality'

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Preventing landlords from raising rents in between tenancies is an idea - like rent controls - that simply “could not survive contact with reality”, says Scotland’s landlord body.

Minister commits to ending leasehold and making commonhold 'default tenure'

Minister commits to ending leasehold and making commonhold 'default tenure'

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News
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Landlords who have properties within ‘problem’ leasehold blocks have been given some good news following housing minister Matthew Pennycook confirmation that Labour will ‘end leasehold’ and make commonhold the ‘default’ tenure before the end of this parliament.

'We're being squeezed out in favour of corporates' says small portfolio landlord

'We're being squeezed out in favour of corporates' says small portfolio landlord

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Smaller landlords are being forced out of the private rental sector in favour of corporate limited companies – and tenants will be the losers, according to one landlord who’s quitting.

Councils fine Midlands landlords £850,000 in ONE month

Councils fine Midlands landlords £850,000 in ONE month

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News
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Three rogue landlords have been fined a total of £403,079 for operating a network of unlicensed and unsafe HMOs, labelled “an orchestrated system of neglect for financial gain”.

WATCH: We interview landlord blogger Suzanne Smith for our NEW podcast

WATCH: We interview landlord blogger Suzanne Smith for our NEW podcast

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News
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LandlordZONE is launching a new podcast to enable our readers to gain entertaining insights into the world of landlording from some of the sector’s leading lights.

HMOs generating highest yields for landlords at 8.34%

HMOs generating highest yields for landlords at 8.34%

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News
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BTL landlords enjoyed average yields of 6.72% in September, up from 6.69% at the end of the second quarter and 6.48% in the previous year.

REVEALED: Key reasons why landlord/tenant relationships sour

REVEALED: Key reasons why landlord/tenant relationships sour

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News
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New report reveals that it doesn't take much to tip a landlord relationship into something that a tenant sees as negative, particularly when landlords are largely portrayed negatively in mainstream media.

10% of homes lacking carbon monoxide alarms

10% of homes lacking carbon monoxide alarms

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New research among tenants has found that nearly 10% of rented homes with gas appliances don’t have a carbon monoxide alarm fitted, leaving the landlords of these properties open to fines of up to £5,000.

HMO landlord loses fine appeal after blaming agent for rules breach

HMO landlord loses fine appeal after blaming agent for rules breach

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An HMO landlord who blamed a guaranteed rent firm for breaching his licence has failed in his bid to overturn a £7,500 fine.

RICS member agents predict growing rental shortages

RICS member agents predict growing rental shortages

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RICS survey predicts growing shortage of rental properties. Demand is predicted to grow while supply declines.

HMO planning register rejected in East of England

HMO planning register rejected in East of England

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News
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Councillors in Ipswich have rejected plans for a register of all HMO licensing applications in the town.

Renting reforms will pose 'serious risk' to self-managing landlords

Renting reforms will pose 'serious risk' to self-managing landlords

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News
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Landlords face considerable risks from self-managing their properties when the Renters’ Rights Bill goes live, according to a letting agent expert.

Rent controls will backfire, landlords warn Scots ministers

Rent controls will backfire, landlords warn Scots ministers

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News
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Scotland’s landlords and letting agents have warned that the country’s imminent rent controls will backfire.

Rent rewards app urges tenants to pay by card not BACS

Rent rewards app urges tenants to pay by card not BACS

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News
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Landlords could soon be paid their rent via credit cards rather than bank transfer after a Spanish company said it plans to launch in the UK.

Renters' Rights Bill - a month on, what's happened?

Renters' Rights Bill - a month on, what's happened?

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It's been just over a month since I last penned my thoughts for LandlordZONE, and in that brief period, the private rental sector has continued to evolve at rapid pace.

Landlord to pay £64,000 fine over 'hidden' HMO

Landlord to pay £64,000 fine over 'hidden' HMO

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News
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A rogue landlord has been handed a whopping £64,000 fine after he was found renting a five-bedroom house to 13 people.

House raffle boss slams UK's 'unaffordable' rental market

House raffle boss slams UK's 'unaffordable' rental market

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A prize company CEO says the UK’s rental stock shortage is driving tenants’ anxiety about rent rises.

Online repairs service for self-managing landlords launched

Online repairs service for self-managing landlords launched

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News
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A new online property maintenance platform aims to help landlords stay on top of repairs, raise standards and attract and retain good tenants.

'Time to fight back against those who say every landlord's bad'

'Time to fight back against those who say every landlord's bad'

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A leading landlord has slammed the pressure groups and campaigns who have been calling recently for landlords to be ‘eradicated’ from the housing market