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Asylum seeker HMO operator fined �60,000 for running house without licence

Asylum seeker HMO operator fined �60,000 for running house without licence

News

A company that houses asylum seekers has been fined more than �60,000 for HMO offences in Newport. Clearsprings Ready Homes, which has the contract for operating accommodation for asylum seekers in Wales, was found guilty of letting an HMO in Redland Street (pictured), in the B

Bill to make EPC rules mandatory early 'unlikely to become law' after stabbing

Bill to make EPC rules mandatory early 'unlikely to become law' after stabbing

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The Minimum Energy Performance of Buildings Bill, which aimed to advance the governments energy efficiency commitments, is in doubt following the tragic death of David Amess MP. He was the presentation bills main sponsor in the Commons, launching it at the same time as Lor

Should holiday-let owners be paying council tax?

Should holiday-let owners be paying council tax?

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However, Carol Lewis writing for the Sunday Times newspaper thinks that holiday let owners should be paying council tax. Given that levelling up is the government's buzzword du jour, it is time to level the playing field and bring holiday-home owners in line wi

Landlords left struggling to claw back deposits owed after property firm ceases trading

Landlords left struggling to claw back deposits owed after property firm ceases trading

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Landlords and letting agents hit by the collapse of Ash Residential Property Management Limited (ARPM) have been left struggling to claw back deposits and fees after it ceased trading last month with debts of almost �1.5m. At least 8,000 properties and their landlords are affec

HMRC warns holiday let owners about their tax obligations

HMRC warns holiday let owners about their tax obligations

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HMRC warns that owners must accurately declare these earnings on their self assessment tax returns or face criminal charges if in default. A boom in bookings The Covid pandemic has stored up excess demand for stay at home Britains under the foreign holiday restrictio

LATEST: Scots landlords face new EPC rules but up to �15,000 to pay for upgrades

LATEST: Scots landlords face new EPC rules but up to �15,000 to pay for upgrades

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Scottish landlords have until 2028 to meet energy efficiency standards but can access interest-free loans of up to �15,000 to help them spread the cost. The Scottish government has published its Heat In Building Strategy setting out that, by 2030, greenhouse gas emissions from

Sir Philip Green and his wife bought-up high-end London property as their retail empire was collapsing

Sir Philip Green and his wife bought-up high-end London property as their retail empire was collapsing

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The so called Pandora Papers is a financial services leak of nearly 12 million documents that reveal an international treasure trove of hidden wealth, tax avoidance and money laundering, by some of the world's richest individuals. The secret files were unearthed by a Washington

Nationwide launches platform to help landlords manage their properties and finances

Nationwide launches platform to help landlords manage their properties and finances

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High Street lender the Nationwide has launched a platform that will be first of its kind created for landlords by a major financial institution. Called The Landlord Works, it has been developed by a team headed up by Paul Wooton (main picture) who, after leaving its mortgage bro

UK's most expensive HMO licensing scheme to launch in London

UK's most expensive HMO licensing scheme to launch in London

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Lambeth to launch UK's most expensive HMO scheme, charging landlords £289 per bedroom under new five-year additional licensing rules.

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Final amendments to renting reforms go live ahead of tomorrow's debate

Final amendments to renting reforms go live ahead of tomorrow's debate

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The final list of amendments to the Renters (Reform) Bill has been published by parliament ahead of tomorrow’s third reading of the legislation, during which each will be discussed and voted on.

80% of landlords carry out proactive maintenance

80% of landlords carry out proactive maintenance

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Survey reveals 80% of landlords proactively maintain properties to prevent issues, with spring deemed ideal for property health checks.

Are landlords missing a trick that could cost them 30% of the value of their properties?

Are landlords missing a trick that could cost them 30% of the value of their properties?

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It’s a mixed bag for landlords at the moment, with previous uncertainties around EPC regulations and the stress of mortgage repayments

Ministers listen to sense over reform changes to student lets

Ministers listen to sense over reform changes to student lets

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Student landlords have won some concessions on evictions within a government amendment to the Renters Reform Bill.

'Give us your views on our rent control proposals', Scots landlords urged

'Give us your views on our rent control proposals', Scots landlords urged

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The Scottish government wants landlords’ views on its new Housing Bill, which focuses on rent control and tenants’ rights.

Leading landlord warns sector over Labour's 'radical plans'

Leading landlord warns sector over Labour's 'radical plans'

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A leading landlord has warned that Labour’s radical plans for the private rental sector are deeply worrying and could easily lead to a wholesale exit from the sector.

Landlady faces jail unless she pays £52,000 Proceeds of Crime Order

Landlady faces jail unless she pays £52,000 Proceeds of Crime Order

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A landlady in London faces prison unless she pays a Proceeds of Crime Act Confiscation Order totalling £51,983.

BREAKING: Ground Rents to be capped at £250 per year… 

BREAKING: Ground Rents to be capped at £250 per year… 

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Leaseholders who pay ground rents are to have their levy capped at a maximum amount of £250 as Gove is forced to water down his radical proposals

Court allows 134 property investors to start 'class action' following £14m loss

Court allows 134 property investors to start 'class action' following £14m loss

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An appeal court judge has granted 134 property investors leave to contest a single ‘class action’ claim against a solicitor which is alleged to have provided negligent professional advice on an investment scheme.

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.

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.

Council spends £210k chasing down landlord for £40k fine

Council spends £210k chasing down landlord for £40k fine

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A rogue landlord who threatened to evict his tenant after she complained about dodgy utilities bills has been handed a huge court fine.

Is the rental market broken? Have your say

Is the rental market broken? Have your say

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Landlords, tenants and letting agents are being asked to reveal their experiences of the private rented sector within a new national survey.

Fears that PD conversions could be below par 

Fears that PD conversions could be below par 

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Insurance company Zurick UK warns that many Permitted Development (PD) conversions could become uninhabitable

TV star says PM wrong over his 'not working people' landlord claims

TV star says PM wrong over his 'not working people' landlord claims

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Following the Prime Minister’s comments that he does not consider those who earn income from property as ‘working people’, TV star Paul Shamplina has said he does not agree, pointing out that many landlords work hard - and rarely for the 'millons' some activists claim they do.

'Pets in lets' campaigner calls for clearer landlord guidance

'Pets in lets' campaigner calls for clearer landlord guidance

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The government should advise landlords to look at property location and an animal’s medical history when deciding whether to refuse pets, according to a campaigning animal charity.