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Landlords' legal action halts licensing scheme

Landlords' legal action halts licensing scheme

News

A group of disgruntled landlords in Scunthorpe has succeeded in halting its new selective licensing scheme.

New “crackdown on bad landlords” launched by London council

New “crackdown on bad landlords” launched by London council

News

A new “crackdown on bad landlords” has been introduced by a London council.

Tenants are paying £2,195 more on their annual housing costs, says Savills

Tenants are paying £2,195 more on their annual housing costs, says Savills

News

Private tenants are paying £2,195 more on their annual housing costs than in 2022, according to Savills’ latest research.

The Renters' Rights Bill moves a step closer to Royal Ascent

The Renters' Rights Bill moves a step closer to Royal Ascent

News

The controversial Renters' Rights Bill has moved a step closer to Royal Ascent

Tenancies will “change overnight’ once Renters’ Rights Bill comes in

Tenancies will “change overnight’ once Renters’ Rights Bill comes in

News

Tenancies will “change overnight’ once the Renters’ Rights Bill comes into force, Sean Hooker, of the Property Redress Scheme, has warned.

Portfolio landlord takes on £3.67M loan to consolidate 22 properties in London and Birmingham

Portfolio landlord takes on £3.67M loan to consolidate 22 properties in London and Birmingham

News

A portfolio landlord has taken on a huge loan to consolidate 22 properties across London and Birmingham.

Avoid discrimination laws pitfalls in property rentals

Avoid discrimination laws pitfalls in property rentals

News

Landlords must comply with the Equality Act 2010 and the Renters’ Rights Bill to avoid unlawful discrimination in tenant selection and property management.

Landlord Action celebrates 25 years of helping private landlords recover their properties

Landlord Action celebrates 25 years of helping private landlords recover their properties

News

Landlord Action is celebrating 25 years of successfully helping private landlords recover their properties.

Tax expert explains how to avoid being landed with a big BTL tax bill

Tax expert explains how to avoid being landed with a big BTL tax bill

News

A tax expert has urged BTL investors to use or lose their annual capital gains tax (CGT) exemption to avoid being landed with a big tax bill.

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Landlords fume after letting agency shuts down owing money

Landlords fume after letting agency shuts down owing money

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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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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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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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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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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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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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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.

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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News
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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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News
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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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News
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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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News
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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.

Activists urge Chancellor to make landlords pay NI contributions

Activists urge Chancellor to make landlords pay NI contributions

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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

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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

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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

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

Third of all rental homes have an EPC under band C, new data shows

Third of all rental homes have an EPC under band C, new data shows

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Landlords face an ongoing buy-to-let investment challenge as a new report reveals that a third of all homes for sale in Britian have an EPC rating below a C.

Agent sentenced after giving drugs gang keys to landlord's flat

Agent sentenced after giving drugs gang keys to landlord's flat

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A letting agent who allowed a criminal gang to use landlords’ empty flats to hide cash and drugs has been given a community sentence.