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Room for optimism in rental market despite agents' gloomy forecast

Room for optimism in rental market despite agents' gloomy forecast

News

The majority of letting agents expect to see more landlords leave the market in 2023, against a backdrop of rising arrears and falling https://www.landlordzone.co.uk/news/december-dip-makes-small-dent-in-rising-house-prices/" house prices . Goodlord reveals tha

Government urged to ban sale of gas boilers within a decade

Government urged to ban sale of gas boilers within a decade

News

New and replacement gas boilers should be banned by 2033, two years earlier than current plans, according to the governments net zero tsar. Conservative MP Chris Skidmore believes it should make the decision to decarbonise homes by next year to help the country meet its clima

Alarm as Scottish ministers look to extend rent controls

Alarm as Scottish ministers look to extend rent controls

News

The Scottish government has admitted it is considering long-term proposals for rent control after the https://www.landlordzone.co.uk/news/leading-letting-agent-slams-chaotic-rent-freeze-announcement-in-scotland/" Cost of Living Act has expired. Minister for Te

Secretive landlord ordered to pay �37,000 for exploiting tenants

Secretive landlord ordered to pay �37,000 for exploiting tenants

News

A rogue landlord who created false identities and fake letting agencies as part of an elaborate web of misinformation designed to exploit his tenants has been fined �12,000 and ordered to pay �25,000 costs.   Thomas Flight, who owns flats on Portland Square in ht

Landlord deals to come under close scrutiny as cost-of-living rises bite

Landlord deals to come under close scrutiny as cost-of-living rises bite

News

Tougher checks on lending to buy-to-let https://www.landlordzone.co.uk/news/office-blocks-and-high-streets-provide-hope-for-canny-investors/" investors are on the cards after the Bank of England warned it would scrutinise risky areas more heavily due to rising interest ra

Will the last landlord to leave Scotland please turn out lights?

Will the last landlord to leave Scotland please turn out lights?

News

Scottish landlords exit amid stringent regulations and taxation; experts warn of worsening housing shortages and increased homelessness risk.

Experts join forces to share knowledge and raise redress standards

Experts join forces to share knowledge and raise redress standards

News

The Property Redress Scheme's (PRS) advisory panel has chosen experts from across the sector to join its new member panel. The UKs largest lettings redress scheme, covering more than 13,250 letting agency branches, launched the panels as new, open, and transparent forums to b

Bid to ditch stamp duty benefit for BTL investors thrown out by MPs

Bid to ditch stamp duty benefit for BTL investors thrown out by MPs

News

MPs have voted against an amendment to prevent a tax cut from applying to buyers of second and additional homes. During a debate on the Stamp Duty Land Tax (Reduction) Bill, Opposition Treasury Secretary Abena Oppong-Asare said that a clause which increases the threshold for peo

The average UK household will lose over �2,000 in income this year

The average UK household will lose over �2,000 in income this year

News

According to a new report just out by the Resolution Foundation (RF), UK households face a torrid time in the coming months in what is going to be the worst cost-of-living crisis in living memory. Its the aftermath of a Covid pandemic that involved massive Government borrowin

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Booking.com under fire over 'ghost' and 'scam' properties

Booking.com under fire over 'ghost' and 'scam' properties

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News
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A holiday lets platform used by thousands of landlords to generate income has come under fire over ‘ghost’ properties.

'Labour nightmare for landlords! No rent? Well, you can’t evict or sell now'

'Labour nightmare for landlords! No rent? Well, you can’t evict or sell now'

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There is some uncertainty to what it actually means in practice until the details are written down but could the proposed hardship test mean even if your tenants won’t pay their rent, you will not be able to evict them if that makes them homeless or financially disadvantaged?

Big council takes unusual new role 'policing' all privately rented homes

Big council takes unusual new role 'policing' all privately rented homes

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News
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North Yorkshire Council has adopted a new housing enforcement policy to ensure all private rental properties across the county are up to scratch, the first time this has happened.

Tenant remanded in custody after landlord's death

Tenant remanded in custody after landlord's death

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News
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A tenant accused of murdering her landlord and stabbing his cat to death has been remanded in custody.

NEW: 'Dream home' raffle helps tenants pay their rent

NEW: 'Dream home' raffle helps tenants pay their rent

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News
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A property raffle has just handed out another £500,000 to a lucky winner to buy their dream house.

Council slammed for breaking property licencing scheme rules

Council slammed for breaking property licencing scheme rules

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News
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Hackney Council has been called out for continuing to process additional and selective landlord licence applications five months after both schemes ended.

Will the commercial property market revive soon?

Will the commercial property market revive soon?

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News
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The UK commercial real estate sector has faced significant challenges recently due to changing trends, will recent signs of a turnaround continue?

Rogue landlord and agent first to be banned from PRS in Essex

Rogue landlord and agent first to be banned from PRS in Essex

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News
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A rogue landlord and also letting agent who let out grotty and overcrowded properties has been handed the first banning order in Essex.

Number of tenants looking for properties to rent drops 39%

Number of tenants looking for properties to rent drops 39%

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News
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Rental growth has slowed to its lowest level for nearly three years while demand has dropped by 39% during the past 12 months.

Landlords, Fed Up with the Labour Government? Sell your Portfolio NOW

Landlords, Fed Up with the Labour Government? Sell your Portfolio NOW

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The never-ending onslaught of landlords, including the abolition of Section 21, tough EPC rules, and changes to stamp duty, have left landlords fed up and thinking of throwing in the towel.

Energy firms called out over HMO tenant utility bill problems

Energy firms called out over HMO tenant utility bill problems

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News
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A tenants’ champion has slammed energy companies for failing to help renters with energy bill problems at HMOs.

Landlords fume after letting agency shuts down owing money

Landlords fume after letting agency shuts down owing money

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News
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Northwood letting agency in Romford has gone bust, leaving angry landlords out of pocket.

Most labour-voting landlords now regret their decision

Most labour-voting landlords now regret their decision

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News
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Most landlords who voted Labour wouldn’t do it again, a new survey from buy-to-lender Landbay has found.

RICS reports first dip in tenant demand since 2020

RICS reports first dip in tenant demand since 2020

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News
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Surveyors are the latest group to report a cooling rental market in the UK, with a slowing in demand among tenants for the first time since 2020.

Big town in south reveals plans for more HMO licencing

Big town in south reveals plans for more HMO licencing

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News
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Reading Council has given the go-ahead for an additional licensing scheme in the town – and defended the rising costs set to hit landlords.

Campaigners urge MPs to back more severe renting reforms

Campaigners urge MPs to back more severe renting reforms

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News
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Generation Rent has urged renters to get more MPs backing amendments to the Renters’ Rights Bill.

LATEST: Rental market cooling as landlord 'sell off' eases

LATEST: Rental market cooling as landlord 'sell off' eases

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News
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Rental growth in the UK has dropped to 3.9%, its lowest level in more than three years and down from 9.1% a year ago.

Demand for accessible homes grows as renting population ages

Demand for accessible homes grows as renting population ages

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News
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Demand for accessible homes is growing as the tenant population ages, a leading estate agency has reported, calling on Labour to help landlords finance upgrades.

COMMENT: Tax trap has landlords in a quandary

COMMENT: Tax trap has landlords in a quandary

Opinion
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With substantial capital gains gathered within your properties, selling the whole portfolio will probably leave you exposed to a substantial capital gains tax bill

Welsh Government reveals 'baffling' stamp duty rise for landlords

Welsh Government reveals 'baffling' stamp duty rise for landlords

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News
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The Welsh Government has followed its counterparts in England and Scotland and raised the stamp duty that landlords buying rental properties must pay, effective from tomorrow.

Renting reforms will be 'costly ride' for landlords warns expert

Renting reforms will be 'costly ride' for landlords warns expert

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News
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Landlords may need to prepare for a turbulent and potentially very costly ride once the Renters’ Rights Bill becomes law, a financial expert has warned.

Judge orders landlord to pay back tenants £44,000

Judge orders landlord to pay back tenants £44,000

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News
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A landlord has been ordered to pay six tenants a whopping £44,358 after failing to provide an excuse for operating an unlicensed HMO.

People over 55 years old are 'fastest-growing tenant group'

People over 55 years old are 'fastest-growing tenant group'

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Tenants heading for retirement age are the fastest growing group privately renting in England, according to new figures.

Campaigners target landlord's workplace over leaky flat

Campaigners target landlord's workplace over leaky flat

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News
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Tenant group Acorn has protested outside a landlord’s shop after he refused to return a former tenant’s deposit in a dispute over a leak.

City council slammed for 'double standards' over HMO licensing

City council slammed for 'double standards' over HMO licensing

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News
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Edinburgh Council has responded to accusations of double standards when housing homeless people in 30 unlicensed HMOs by moving tenants out of the properties.

Northern council targets HMOs with new planning rules

Northern council targets HMOs with new planning rules

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News
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Hyndburn Council wants to deter landlords from making the most of its cheap properties and ‘multiple deprivation’ by clamping down on HMO conversions.

Landlord Christmas carol reflects on rental sector

Landlord Christmas carol reflects on rental sector

Opinion
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As we approach the festive season of 2024, like many of us, I find myself drawn to Charles Dickens's timeless tale, A Christmas Carol.

NEW: Landlords 'most worried' by tax rises and renting reforms

NEW: Landlords 'most worried' by tax rises and renting reforms

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News
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Landlords blame upcoming legislation and tax changes for causing 73% of them to feel less confident than they did last year.

Rent rises 'out of control' says tenant campaigning group

Rent rises 'out of control' says tenant campaigning group

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News
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Renter groups have called on the government to do more to tackle ‘out of control’ rents, as a government survey reveals that more than a third of landlords increasing rents on new tenancies did so by at least 15%.

More landlords planning to sell properties

More landlords planning to sell properties

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News
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Official figures reveal growing number of landlords considering property sales amid rising costs.

Banning tenant fees has been a success - claim academics

Banning tenant fees has been a success - claim academics

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News
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The 2019 Tenant Fees Act, which over the past five years has severely restricted what fees landlords and letting agents can charge tenants, has been a success, two academics have claimed.

New partnership to help landlords manage changeovers better

New partnership to help landlords manage changeovers better

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News
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A partnership has been agreed that will enable landlord who are members of the National Residential Landlords Association and letting agents to better manage tenancy changeovers, for free.

Business Tenancies: reviewing the Landlord & Tenant Act 1954

Business Tenancies: reviewing the Landlord & Tenant Act 1954

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News
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The Law Commission is reviewing Part 2 of the Landlord and Tenant Act 1954 (LTA) to “ensure that it works for today’s commercial leasehold market.”

TV star named 'best speaker' during landlord show awards

TV star named 'best speaker' during landlord show awards

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News
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TV star and Landlord Action founder Paul Shamplina has been named seminar speaker of the year, fighting off competition from 38 other candidates.