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Council green lights more HMO licencing despite proof on higher rents

Council green lights more HMO licencing despite proof on higher rents

News

Nottingham councillors have voted through a contentious additional HMO licensing scheme. The current scheme, covering central areas of the city, will soon come to an end and the council plans to introduce a new citywide scheme in January 2024. It says this would pre

Boiler Upgrade Scheme has been a flop, Lords climate committee warns

Boiler Upgrade Scheme has been a flop, Lords climate committee warns

News

Peers have slammed the governments Boiler Upgrade Scheme for attracting a disappointingly low� take-up of grants. Launched in https://www.landlordzone.co.uk/news/latest-official-boiler-upgrade-scheme-launches-today-but-is-it-enough/" target="_blank" <stron

SCAM alert: Landlord and agent pics being used to lure rental ripoff victims

SCAM alert: Landlord and agent pics being used to lure rental ripoff victims

News

A BBC investigation has uncovered a new property rental scam that uses Facebook Marketplace and then fake accommodation booking sites to lure in unsuspecting tenants. Called an advance rent payment scam, a technique that has been around for many years, this version of it is more

Opinion: Should 'Awaab's law' be applied to private rented sector?

Opinion: Should 'Awaab's law' be applied to private rented sector?

Opinion

The Government has now committed to delivering Awaabs Law in a new amendment to the Social Housing Regulation Bill. But does the Government intend to place the same onus on private landlords, and is this law totally fair? I cant help feeling perplexed as

LATEST: Bradford leads the way as rental yields rise across the UK

LATEST: Bradford leads the way as rental yields rise across the UK

News

Landlords in Bradford and Leeds are enjoying the UKs best rental yields, with those in Exeter seeing the largest annual growth last year. Yields have increased by as much as 2.5% in the past 12 months, according to Sirius Property Finance, which reports that as rent values ou

Licensing schemes punishing good landlords with red tape

Licensing schemes punishing good landlords with red tape

News

Propertymark criticises licensing schemes for punishing compliant landlords with delays, fees and red tape due to under-resourced councils. S

Property giants slam Government's lack of action on EPC upgrades

Property giants slam Government's lack of action on EPC upgrades

News

An influential new report has slammed the Governments lack of progress on its much-heralded desire to see the property sector reach net zero by 2050. Published today jointly by the British Property Federation and property giant JLL, the report is critical of Government

NEW: Consultation launched on how to stop unfair council tax re-banding of HMOs

NEW: Consultation launched on how to stop unfair council tax re-banding of HMOs

News

The Government has launched its https://www.landlordzone.co.uk/news/latest-council-tax-crisis-for-hmo-tenants-averted-after-commons-statement/" target="_blank" promised consultation on its plans to reform the way HMO properties are valued for counci

Estate agency fined �35,000 for failing to licence three properties

Estate agency fined �35,000 for failing to licence three properties

News

It's not just landlords who can be fined heavily - an estate agency now faces paying a �35,000 penalty for failing to licence three properties in the town of Edmonton in London. Enfield Councils licensing and enforcement work officers investigated Green House Estate Agents L

BLOG: Will Section 8 eviction grounds be enough when Section 21 goes?

BLOG: Will Section 8 eviction grounds be enough when Section 21 goes?

News

With the likelihood of Section 21 evictions being abolished all eyes are on the 17 grounds for possession under the existing Section 8 procedure. In the near future these are to be the main tools landlords will use to evict tenants who dont pay the rent. As it cur

Attention all landlords! Are you tired of managing rental properties and dealing with the hassles that come with it?

Attention all landlords! Are you tired of managing rental properties and dealing with the hassles that come with it?

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Looking to buy properties off exiting landlords? New platform launches

Looking to buy properties off exiting landlords? New platform launches

News

A new property platform aims to help private landlords target buy-to-lets and find potential HMOs. Propalt contains details of more than 250,000 landlords so that investors can connect directly, as well as the details of two million properties. Available information

HMO licencing to be expanded in York despite efforts to challenge scheme

HMO licencing to be expanded in York despite efforts to challenge scheme

News

Small HMO landlords in York will need an additional licence in eight of the citys wards from 1st April after the council gave a new scheme the go-ahead. <figure id="" class="w-richtext-figure-type- " data-rt-type="" data-rt-align=""><div><img src="https://uploads-ssl.

Landlords prepare to do battle over city's proposed HMO licencing extension

Landlords prepare to do battle over city's proposed HMO licencing extension

News

Landlords in Nottingham are preparing to fight an extension of the citys https://www.nottinghamcity.gov.uk/additionalhmo" target="_blank" additional licensing scheme , weeks after the council was warned that a second selective licensing scheme wou

Landlords hope Sturgeon exit will soften SNP's anti-landlord approach

Landlords hope Sturgeon exit will soften SNP's anti-landlord approach

News

Scottish landlords hope that Nicola Sturgeons resignation may lead to a less aggressive approach towards the buy-to-let sector. The SNP leader has presided over a range of anti-landlord legislation since becoming first minister in 2014, including the recent rent and eviction

WARNING: Judge tells landlord ignorance is no defence against fine

WARNING: Judge tells landlord ignorance is no defence against fine

News

A landlord has lost his appeal against a fine for renting out unlicensed properties after arguing that the sellers solicitor had failed to tell him about a selective licensing scheme. City Estate Holdings bought two houses in Westbourne Avenue, Gateshead, at auction in April

NEW: Tenant arrears drop to lowest level in five years as voids reduce too

NEW: Tenant arrears drop to lowest level in five years as voids reduce too

News

The number of landlords whose tenants are in rent arrears has fallen to its lowest level since 2017, according to new research from Paragon Bank. Its poll of more than 750 landlords found that less than one third (32%) of landlords have had at least one tenant in arrears during

Dangers of rent-to-rent highlighted by landlord's �11k rent repayment order

Dangers of rent-to-rent highlighted by landlord's �11k rent repayment order

News

A rent-to-rent landlord operating a flat in central London has been ordered to pay rent back to his tenants totalling just over �11,000 via a rent repayment order or RRO. The case highlights the challenges faced by rent-to-rent agreements, as the case involved a freeholder, lea

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'Hostility to landlords has cost Scotland 22,000 rental properties'

'Hostility to landlords has cost Scotland 22,000 rental properties'

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News
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Almost 22,000 homes may have been lost in Scotland during the last year due to perceived hostility towards landlords and concerns over increasing regulation.

Landlord must pay back £20,000 to posh tenants, says Tribunal

Landlord must pay back £20,000 to posh tenants, says Tribunal

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News
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An absentee landlord who used the excuse of not speaking good English and delegated property management to a family member has been stung with a £20,700 rent repayment order.

Sadiq Khan boosts cash for service that fights evictions

Sadiq Khan boosts cash for service that fights evictions

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News
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Mayor of London Sadiq Khan has increased his funding to support and advise private renters exploited by rogue landlords and facing illegal eviction.

Landlords falling behind with their mortgage payments, numbers soar

Landlords falling behind with their mortgage payments, numbers soar

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News
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The number of buy to let (BTL) landlords falling into arrears climbed significantly in recent times

HMO software giant 'pockets' Rick Gannon's Go Tenant

HMO software giant 'pockets' Rick Gannon's Go Tenant

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News
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The UK’s leading HMO management software for landlords, COHO, has bought rival Go Tenant for an undisclosed sum.

Chancellor 'preparing tax raid on holiday-let property owners'

Chancellor 'preparing tax raid on holiday-let property owners'

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News
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Chancellor Jeremy Hunt is considering a tax raid on holiday let owners, it emerged over the weekend.

Landlords call on Chancellor to fix LHA gap during Budget

Landlords call on Chancellor to fix LHA gap during Budget

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News
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The NRLA has urged Chancellor Jeremy Hunt to definitively fix the broken housing benefit system by tackling the Local Housing Allowance (LHA) funding gap.

Rental market still 'running hot' says big lettings platform

Rental market still 'running hot' says big lettings platform

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News
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Rents increased in February for only the second time in the last six years as the market continues to run hot.

Plans to end selective licencing 'concerning' say environmental health chiefs

Plans to end selective licencing 'concerning' say environmental health chiefs

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News
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The Chartered Institute of Environmental Health (CIEH) has voiced concern about a new property portal threatening the future of selective licensing.

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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News
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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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News
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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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News
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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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News
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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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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'

Opinion
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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.