Landlords and property investors who buy privately-held multi-property portfolios in Wales are to lose another tax perk.
A leading landlord in the SW has slammed the Government’s ongoing assault on the private rented sector, saying the efforts of Michael Gove and his predecessors puzzle ‘honourable and decent’ operators like him.
Changes to income and Capital Gains Tax (CGT) that came in over the weekend could mean reduced investment in the PRS and insurance premiums, warns an insurance expert.
Paul Shamplina has assembled a panel of experts to run a training day this summer that will advise and coach landlords to navigate the tough economic and regulatory environment facing the privately rented sector.
Poorly insulated homes will be sent annual gas bills about £340 – around 50% - higher than those with a C-rated Energy Performance Certificate (EPC) under Ofgem’s latest price cap, new research has found.
Holiday let owners are facing a significant dip in bookings this year as the sector feels the effects of the cost-of-living crisis, poor weather and an increasingly saturated market.
The UK’s commercial property sector is experiencing challenges: high interest rates, inflation, lower property values, and liquidity problems for lenders and borrowers.
Some build-to-rent developments are increasingly falling foul of Rent Repayment Order (RRO) legislation, in a move away from its original aim to tackle poor HMOs, it has been claimed.
The Social Market Foundation has argued that fears about stricter regulations reducing the supply of rental properties are ‘overblown’.
Labour pledges stricter Decent Homes Standard 2 for private landlords, raising property quality and accountability ahead of next general election.
Keir Starmer is set to rebuff previous calls by London mayor Sadiq Khan to bring in a rent freeze, it has been reported. Khan has been banging his rent freeze drum for months now as the cost-of-living crisis has hit many tenants personal finances, telling the BBC in Oct
The much-delayed Renters Reform Bill is rumoured to be getting its first reading tomorrow after Prime Ministers Questions, although the 'full meat' of the proposals will come later. Rumoured to be renamed the Rented Homes Bill or Renters (Reform) Bill, landlords are waitin
The Government is to finally introduce its long-delayed renting reforms into parliament later today following Prime Ministers Questions (PMQs) in the Commons. The Bill, which is to be called the Renters (Reform) Bill, will get its first reading just aft
A tenancy deposit affordacility crisis is looming as new data reveals that nearly a third of renters are borrowing money to pay for them, new research shows. The poll of 1,000 tenants reveals how they are using credit cards, personal loans, overdrafts and family loans to scrape
Proptech company Propflo is working with BTL mortgage lenders to help portfolio landlords make their properties more energy efficient. It has been given a grant by Innovate UK to encourage lenders to explore initiatives such as encouraging retrofitting in their products, creatin
The government has vowed to crack down on dodgy rent-to-rent landlords who flout housing laws. Housing Minister Baroness Scott of Bybrook (pictured) says it is aware of concerns that some rent-to-rent arrangements have sometimes been used to make it more difficult to identify la
Rents on newly-let homes have increased by 25% across the UK since the start of Covid, costing the average tenant an extra �2,962 each year. Hamptons reports that rents rose 11% year-on-year, with April marking the second strongest month for rental growth on record. <p
Construction activity is continuing to grow in the UK. Thats according to the April S&P Global / CIPS UK Construction Purchasing Managers Index� (PMI), as reported by PCBToday, a Construction, Planning and Building Control portal. Construction companies in the UK the
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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.
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.
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.
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.
Celebrating 10 years and 20,000+ members, Property Redress rebrands with a new site and tools for faster, easier dispute resolution.
Small, proactive steps can make a big difference, keeping tenants comfortable and protecting buildings from problematic mould and damp.
There are optimistic signs, says Shawbrook Bank. Their data on the commercial property market shows a rebound
Accidental landlords are a dying breed, according to one mortgage expert, who blames government policy for their eventual demise.
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.
A leading property lawyer has poured scorn on government estimates that the Renters’ Rights Bill will cost landlords £12 per rented property each year.
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.
West Northamptonshire Council has given the go-ahead for an extended additional licensing scheme in Northampton.
A big council in London has called on letting agents to stop pitting tenants against one other in “exploitative” bidding wars within the borough.
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 has teamed up with global landlord Greystar to allow tenants in three London apartment blocks to rent out their homes.
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.
Ever since the government announced its new inheritance tax rules, there has been intense debate about how many people will be affected
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.
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 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.
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.
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.
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.
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”.
