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Agents say rent cap has 'forced more landlords to quit and pushed up rents'

Agents say rent cap has 'forced more landlords to quit and pushed up rents'

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One hundred percent of letting agencies in Scotland say they have seen more landlords exiting the market since the countrys government brought in and then recently-extended a rent rise cap and evictions ban. Agents canvassed by trade organisation Propertymark also reported an

'Landlords to be exempted from council tax premium on empty homes'

'Landlords to be exempted from council tax premium on empty homes'

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A consultation has opened into proposals not to charge landlords who are preparing a property to let or waiting to find a tenant the empty homes a council tax premium. The government wants to strengthen the existing long-term empty homes premium by applying this to properties th

UK house prices falling, mortgage rates rising but some landlords still buying

UK house prices falling, mortgage rates rising but some landlords still buying

News

UK house prices fell by 3.1pc on an annualised basis in the first quarter (Q1) of 2023 and an increase in interest rates have a dampening effect on the market. Inflationary pressures With inflation currently running at 8.7pc (CPI), this is well above the Bank of Engl

Plans to make Airbnb landlords reach same standards as hotels criticised

Plans to make Airbnb landlords reach same standards as hotels criticised

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Statutory licensing scheme plans for visitor accommodation in Wales have got the thumbs down from many holiday home owners, short-lets landlords and residents. The proposals, which will see all holiday homes, https://www.landlordzone.co.uk/tag/airbnb-landlords/" target=

Leasehold properties become harder to sell, landlords warned

Leasehold properties become harder to sell, landlords warned

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Leasehold properties are becoming harder to sell due to escalating ground rents and limited lease terms, despite recent reform efforts.

LATEST: Activists attack Renters (Reform) Bill over 'landlord loopholes'

LATEST: Activists attack Renters (Reform) Bill over 'landlord loopholes'

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Loopholes in the Renters Reform Bill around alternative possession grounds leave it open to abuse by unscrupulous landlords, claims a Labour activist and lawyer. A landlord will simply need to demonstrate an intention to use the property to live in or sell before they can

UK landlords with Airbnb properties in EU to pay 20% VAT on rental income

UK landlords with Airbnb properties in EU to pay 20% VAT on rental income

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British landlords who use rental platforms to let holiday homes in the European Union will soon have to pay VAT on their rental income. Under the EUshttps://taxation-customs.ec.europa.eu/taxation-1/value-added-tax-vat/vat-digital-age_en" target="_blank" <strong

TRENDS: Young 'modern tenants' want green, digital landlords

TRENDS: Young 'modern tenants' want green, digital landlords

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Most tenants want their landlords to be green and digital, a poll of some 2,000 renters has revealed. Despite debates about rental supply and rocketing rents dominating the public debate about the private rented sector, software firm MRIs poll found that two thirds want to in

Talks begin on UK-wide ban on landlords advertising property as 'no children'

Talks begin on UK-wide ban on landlords advertising property as 'no children'

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The Scottish and UK governments are working together to prevent landlords banning children from properties after a BBC investigation revealed the practice was still rife. Following the launch of thehttps://www.totallandlordinsurance.co.uk/knowledge-centre/renters-refor

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Midlands council slams 'horrendous' local private rented sector

Midlands council slams 'horrendous' local private rented sector

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Peterborough Council’s selective licensing scheme has uncovered some “horrendous” living conditions since its launch last March.

Landlord who ignored licensing for second time given huge fine

Landlord who ignored licensing for second time given huge fine

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A rogue landlord has been fined for a second time this year for failing to license his portfolio of houses.

PM's own rental house will soon fail EPC rules

PM's own rental house will soon fail EPC rules

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Prime Minister Keir Starmer is facing an EPC upgrade bill of up to £28,000 for the property he rents out in North London.

Merry Christmas and a Happy News Year to all our readers

Merry Christmas and a Happy News Year to all our readers

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The past 12 months have been a momentous time for private landlords as tax changes and looming new regulations have been unveiled by politicians of various hues.

'What's the point of good landlords if rogues aren't policed?'

'What's the point of good landlords if rogues aren't policed?'

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Councils are sending the wrong message to law-abiding landlords by failing to investigate those who can’t provide a valid EPC certificate.

Northern landlord fined £38,000 over multiple HMO offences

Northern landlord fined £38,000 over multiple HMO offences

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A landlord in Liverpool has been prosecuted by its city council for 23 offences under national HMO management regulations.

Heat pumps 'don't help upgrade EPCs' warns new report

Heat pumps 'don't help upgrade EPCs' warns new report

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Despite enthusiasm in Whitehall for heat pumps they not the best way to upgrade a rented property EPC rating, a new report has claimed.

Two thirds of private renters struggling to pay rent

Two thirds of private renters struggling to pay rent

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Nearly two-thirds of working private renters - 4,450,000 people - are falling behind with rent payments or struggling to pay their rent.

COMMENT: Year end 2024 heralds both optimism and some pessimism for property investing…

COMMENT: Year end 2024 heralds both optimism and some pessimism for property investing…

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Tom Entwistle recalls the year in property and looks forward to the year ahead

Landlord trio given UK's largest ever HMO fine

Landlord trio given UK's largest ever HMO fine

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Three rogue landlords who operated a string of unlicensed and unsafe HMOs across Northampton have been collectively fined a whopping £452,796.

New property 'powerhouse' organisation being planned

New property 'powerhouse' organisation being planned

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The formation of a new ‘powerhouse’ organisation to represent the commercial property sector including build-to-rent and co-living is under way, it has been announced.

Labour confirms plan to force landlords to lease out shops

Labour confirms plan to force landlords to lease out shops

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Labour has confirmed that it will compel landlords of high street shops to rent out their premises if they stand empty for too long.

NRLA launches renters’ rights course nationwide

NRLA launches renters’ rights course nationwide

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NRLA launches Renters’ Rights course to help landlords navigate new laws, including Section 21 abolition and enhanced tenant protections.

Early signs of a turnaround in commercial property demand

Early signs of a turnaround in commercial property demand

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Commercial property has been hit hard over the Covid period. Rightmove, with its copious amounts of data, has identified something of a turnaround

Landlord and former estate agent becomes shadow housing secretary

Landlord and former estate agent becomes shadow housing secretary

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A former estate agent who founded one of the UK’s largest property firms has been named by Kemi Badenoch as shadow housing secretary.

Government reveals intiative to build 3,000 rented homes

Government reveals intiative to build 3,000 rented homes

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The Government is to become a significant provider of affordable private sector rental homes with plans to build some 3,000 units under a new name, Habiko.

Landlord pays a high price after forgetting to chase up licence

Landlord pays a high price after forgetting to chase up licence

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A landlord who forgot to chase up a licencing application for her rented property in London has paid a heavy price for her mistake after being ordered to return rent totalling £11,245 to her tenants.

Property licencing schemes should last for ten years, MPs are told

Property licencing schemes should last for ten years, MPs are told

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Comment has been made the Chartered Institue of Health Officers, which says such schemes should be the key tool for improving PRS home quality.

No change to CGT - but four landlords say 'we’re out!'

No change to CGT - but four landlords say 'we’re out!'

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Despite the overall good news, many landlords have remained in brace position and have reached out to exit the market and sell their buy-to-lets.

Stamp duty increase 'will reduce investment in private rented sector'

Stamp duty increase 'will reduce investment in private rented sector'

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Property auctioneers gave revealed its concerns about the Chancellor’s decision to raise Stamp Duty for those who purchase buy-to-let properties.

Prince William to 'upgrade estate' featuring mouldy rental homes

Prince William to 'upgrade estate' featuring mouldy rental homes

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Prince William has promised to upgrade the private rental properties he rents out via the Duchy of Cornwall after reports over the weekend.

Tenant activists call for 'harsher' renting reform bill

Tenant activists call for 'harsher' renting reform bill

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A lobbying group for renters’ rights is hoping to persuade MPs to make the Government’s renting reform legislation regulated landlords even harder.

COMMENT: Autumn Budget 2024

COMMENT: Autumn Budget 2024

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Investors, business owners, landlords and pension savers were braced for a painful attack on their assets, gains and savings

Scotland to limit rent rises to official inflation rate

Scotland to limit rent rises to official inflation rate

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The Scottish Government has announced a new inflation-linked rent cap in its Housing Bill in a bid to balance supporting tenants with protecting landlords’ property rights.

Leading research institute slams Chancellor over stamp duty hike

Leading research institute slams Chancellor over stamp duty hike

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The Institute for Fiscal Studies (IFS) has slammed the Stamp Duty rise for landlords, warning that tenants will suffer as a result of the Budget announcement.

Bringing back empty rental homes should be 'biggest priority' says landlord

Bringing back empty rental homes should be 'biggest priority' says landlord

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Landlords should be encouraged to renovate and repurpose their empty properties to help resolve the housing crisis, according to one landlord.

Landlord to return deposit after odd attempt to charge for letters

Landlord to return deposit after odd attempt to charge for letters

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A landlord has failed in a bizarre attempt to withhold her tenant’s deposit by billing hundreds of pounds for writing letters and taking photographs.

New Local Housing Allowance freeze is 'nonsensical' say landlords

New Local Housing Allowance freeze is 'nonsensical' say landlords

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The government’s decision to freeze housing benefit rates next year, leaving private tenants facing financial hardship, has been labelled “nonsensical”.

Autumn Budget – A Halloween Horror Story

Autumn Budget – A Halloween Horror Story

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After a huge amount of speculation in the press we can finally report what the new Labour Government has decided to do (and not to do) on the tax front

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

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

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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'

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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?

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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

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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

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