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Stamp duty hike will add £7,000 to each purchase for landlords

Stamp duty hike will add £7,000 to each purchase for landlords

News

Landlords will face an additional average charge of more than £7,000 from tomorrow when buying a property thanks to an uplift in Stamp Duty charges.

'If the Budget delivers stability, the property sector will benefit'

'If the Budget delivers stability, the property sector will benefit'

Opinion

Nick Lyons, chief executive of inventory experts No Letting Go give his view on the measures announced yesterday in parliament by Rachel Reeves.

ANALYSIS: What does stamp duty hike mean for landlords?

ANALYSIS: What does stamp duty hike mean for landlords?

News

The Labour Government has ramped up its increasingly anti-landlord policies by increasing the stamp duty they pay when buying rental properties from 3% to 5%.

Stamp duty hike hits landlords with 5% second home rate

Stamp duty hike hits landlords with 5% second home rate

News

Chancellor Rachel Reeves increases stamp duty surcharge to 5% for second homes and buy-to-let properties, effective from 31 October 2024.

Rogue landlord to pay £7,000 after council raids properties

Rogue landlord to pay £7,000 after council raids properties

News

A rogue landlord has been handed a £7,000 legal bill for renting out three dangerous flats containing a raft of faults.

Activists urge Chancellor to make landlords pay NI contributions

Activists urge Chancellor to make landlords pay NI contributions

News

Generation Rent has urged Chancellor Rachel Reeves to tax landlords harder in her first Budget by making them pay NI contributions.

Short-lets licensing would be intensely impractical' warns expert

Short-lets licensing would be intensely impractical' warns expert

News

A leading property lawyer has described a campaigning MP’s latest attempt to usher in harsher regulation of short-lets in holiday hotspots as ‘intensely impractical’.

Labour promises to kick dodgy letting agents out of industry

Labour promises to kick dodgy letting agents out of industry

News

Labour has committed to regulating estate agents in a bid to oust the rogue operators within the sector who give the wider industry a bad name and often cost landlords money and time when their services fall short of minimum standards.

Manchester mayor to back role of 'good landlords' in rental sector

Manchester mayor to back role of 'good landlords' in rental sector

News

Manchester mayor Andy Burnham is to make a keynote speech at the NRLA’s annual conference in Birmingham next week.

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NEW: Activists urge landlords and agents to stop property 'bidding wars'

NEW: Activists urge landlords and agents to stop property 'bidding wars'

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News
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Tenants union Acorn has pledged to continue targeting letting agents in the city until they stop encouraging 'bidding wars' to help landlords achieve higher rents. Members launched a noisy protest outside a number of branches; some agents which had started talks with Acorn ab

TAX: Raise stamp duty for landlords urges leading Tory MP

TAX: Raise stamp duty for landlords urges leading Tory MP

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News
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Leading Tory MP Anthony Browne (main pic) has urged the government to ditch stamp duty for home buyers but increase the tax rate for investors. The chair of the 1922 Backbench Treasury Committee says people buying homes to live in are over-taxed while those buying properties for

RENT RISE: Landlord pushes back against tenant's public complaint

RENT RISE: Landlord pushes back against tenant's public complaint

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News
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A landlord has spoken out to defend a substantial rent increase after its tenant complained about his eviction to the local newspaper. Richard Symonds told https://www.sussexexpress.co.uk/" target="_blank" Sussex World tha

Opinion: dealing with the thorny issue of damp and mould

Opinion: dealing with the thorny issue of damp and mould

Opinion
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Damp and mould has always been a very difficult issue to deal with for landlords, but the recent case of Awaab Ishak and the rapid and direct involvement of Government has really brought matters to a head. The death of a Rochdale social housing tenants son, Awaab Ishak, has l

NEW: Shelter says landlords 'still rejecting tenants based on race'

NEW: Shelter says landlords 'still rejecting tenants based on race'

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News
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The boss of housing charity Shelter has repeated the organisations previous assertion that tenants seeking properties in the private rented sector (PRS) too often face racism from both landlords and letting agents. Polly Neates comments have been published by the BBC withi

MOULD: Minister vows to speed up 'Awaab's Law' as thousands sign petition

MOULD: Minister vows to speed up 'Awaab's Law' as thousands sign petition

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The government has vowed to expedite a proposed law forcing landlords to respond quickly to complaints about damp and mould. Housing minister Felicity Buchan (pictured) told MPs that proposals were being worked through, after it announced plans last week t

Birmingham proceeds with HMO licensing expansion despite opposition

Birmingham proceeds with HMO licensing expansion despite opposition

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News
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Birmingham council has concluded its consultation into an additional licensing scheme across the city that would include 9,500 properties in all 69 wards. Following a full cabinet meeting report on the scheme's consultation which included several landlords sessions organised by

Heartless' landlord fined �175,000 over dilapidated and unlicensed HMO

Heartless' landlord fined �175,000 over dilapidated and unlicensed HMO

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News
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A rogue landlord who let out an unlicensed HMO with no working kitchen, unusable toilets, blocked drains and rats, has been fined a whopping �175,000. Adam Ali had turned the former Anchor Hotel in Cobham Road, Westcliff-on-Sea (pictured), into an HMO whe

Former Tory housing ministers call for radical shake-up of policy

Former Tory housing ministers call for radical shake-up of policy

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Four former housing ministers have backed a Tory thinktank policy paper that urges a radical rethink of government housebuilding policies. The Centre for Policy Studies report, The Case for Housebuilding , explains how the UKs massive shortfall in homes

Property groups call for more homes, not rent controls

Property groups call for more homes, not rent controls

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Property groups have called on the Scottish government to focus on building homes rather than rent controls in a bid to address the country’s housing crisis.

Labour to spend £20m helping tenants fight evictions

Labour to spend £20m helping tenants fight evictions

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News
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Civil legal aid fees for eviction cases and immigration are to receive a £20 million boost, marking the first increase since 1996.

Looming open-ended tenancies to have 'unintended consequences for tenants'

Looming open-ended tenancies to have 'unintended consequences for tenants'

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News
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The Government should further consider its plans to mandate open-ended tenancies as a legal requirement, as set out in the Renters’ Rights Bill going through parliament.

New tech enables landlords to make money from solar

New tech enables landlords to make money from solar

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News
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A new tech launch allows landlords to generate and sell electricity from rooftop solar panels either to their tenants or back to the grid without going through the main meter.

Landlords: Get Your Properties Sold Fast and Cash in the Bank before the New Year!

Landlords: Get Your Properties Sold Fast and Cash in the Bank before the New Year!

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Thousands of landlords are feeling the pinch as rising costs, talk of rent caps, and upcoming EPC regulations add pressure to an already challenging rental market.

Allowing tenants to rent out homes via Airbnb 'a huge risk'

Allowing tenants to rent out homes via Airbnb 'a huge risk'

News
News
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A leading letting agent has warned that a new Airbnb initiative allowing tenants to rent out their homes could put landlords at risk.

How to future-proof your rental business

How to future-proof your rental business

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Buy-to-let is a long-term investment, often requiring 15+ years to maximise returns. To ensure success over time, landlords should take these key steps to protect their rental business.

Right to Rent: Minister to fix 'broken' e-Visa system ahead of deadline

Right to Rent: Minister to fix 'broken' e-Visa system ahead of deadline

News
News
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The Government has promised to fix significant glitches that have been reported within its e-VISAs system, which is used by landlords and letting agents to verify the Right to Rent status of prospective tenants.

'More lodgers are best solution to UK's housing crisis'

'More lodgers are best solution to UK's housing crisis'

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News
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Lodgers’ rental costs could revert to 2017 levels if just 1% of the UK’s 26 million spare rooms were rented, according to flat sharing site SpareRoom.

Government gives Northern city green light to begin selective licencing

Government gives Northern city green light to begin selective licencing

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News
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Blackpool council has received the go-ahead to start selective licencing in eight inner wards despite worries among some landlords about the consultation process that preceded the decision.

Pets charities call for stronger rights for tenants with dogs and cats

Pets charities call for stronger rights for tenants with dogs and cats

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News
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Scotland’s animal welfare organisations have called on MSPs to support stronger protections for pet owners in the private and social rental sectors ahead of a crucial debate in Holyrood.

Property redress marks 10 years with new brand

Property redress marks 10 years with new brand

Information
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Property Redress, a top UK redress provider, marks 10 years of growth with 20,000+ member offices in the property industry.

‘60-minute Makeover’ - checklist to winterproof properties

‘60-minute Makeover’ - checklist to winterproof properties

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Small, proactive steps can make a big difference, keeping tenants comfortable and protecting buildings from problematic mould and damp.

Bank data shows landlords were purchasing more commercial properties

Bank data shows landlords were purchasing more commercial properties

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There are optimistic signs, says Shawbrook Bank. Their data on the commercial property market shows a rebound

Accidental landlords 'a dying breed' warns mortgage expert

Accidental landlords 'a dying breed' warns mortgage expert

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News
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Accidental landlords are a dying breed, according to one mortgage expert, who blames government policy for their eventual demise.

Labour to outlaw 'rent in advance' requests by landlords

Labour to outlaw 'rent in advance' requests by landlords

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News
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The Government is to make it unlawful for landlords and agents to ask prospective tenants for large sums of rent in advance, housing minister Matthew Pennycook has confirmed.

Lawyer questions Labour's 'fanciful' cost estimates for reforms

Lawyer questions Labour's 'fanciful' cost estimates for reforms

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News
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A leading property lawyer has poured scorn on government estimates that the Renters’ Rights Bill will cost landlords £12 per rented property each year.

Holiday let landlords to collect new tourism levy AND register properties

Holiday let landlords to collect new tourism levy AND register properties

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Landlords with holiday let properties in Wales will soon have to register their properties and collect a £1.25 per person, per night fee from clients.

Big Midlands council green lights more HMO licencing

Big Midlands council green lights more HMO licencing

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West Northamptonshire Council has given the go-ahead for an extended additional licensing scheme in Northampton.

Big London council moves to stamp out bidding wars

Big London council moves to stamp out bidding wars

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A big council in London has called on letting agents to stop pitting tenants against one other in “exploitative” bidding wars within the borough.

Landlords ARE 'working people' says housing minister

Landlords ARE 'working people' says housing minister

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Keir Starmer got into hot water recently after saying landlords did not ‘work’ for their income, but Scotland’s housing minister has taken a very different approach.

Airbnb encourages tenants to sublet their homes

Airbnb encourages tenants to sublet their homes

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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.