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Repeat rogue 'luxury' landlord firm fined £30,000 for licencing breaches

Repeat rogue 'luxury' landlord firm fined £30,000 for licencing breaches

News

A rogue Liverpool landlord has been fined £30,000 for failing to get licences for two student HMOs three years after it was fined 45,000 for similar offences. Trophy Homes, which claims to operate within the 'luxury' student, co-living and general rental sectors, admitted

Landlords ARE quitting rented sector says Bank of England

Landlords ARE quitting rented sector says Bank of England

News

Bank of England warns landlord exodus from rental sector as taxes and policies drive investors away, worsening housing supply crisis.

Future of private rented sector will be the '15-minute' home say experts

Future of private rented sector will be the '15-minute' home say experts

News

The future of new rented accommodation in the UK will be developments where all facilities including transport, shops and services including schools are all within 15 minutes of a tenants property, it has been claimed. This comment was made during a https://www.savil

NRLA calls on Government to review landlord taxes to stop 'supply crisis'

NRLA calls on Government to review landlord taxes to stop 'supply crisis'

News

Landlords are calling on the Government to review how they are taxed after new figures reveal the devastating impact higher levies are having on the private rented sector. The National Residential Landlords Association (NRLA) says new research conducted on its behalf by co

'Discriminatory' HMO licensing scheme rules slammed by landlords

'Discriminatory' HMO licensing scheme rules slammed by landlords

News

Two out of three HMO landlords in Portsmouth plan to call it quits this year, largely prompted by the launch of an additional licensing scheme in September. Portsmouth & District Private Landlords Associations survey found that this would mean a loss of 348 rooms which, e

Damp and mould investigation reveals 1000s of homes affected

Damp and mould investigation reveals 1000s of homes affected

News

A Government investigation into damp and mould in the social housing sector has disclosed initial findings which show a significant number of homes in the social sector are affected by this problem. On Thursday (2 February) the Regulator of Social Housing (RSH) published a <a hr

Up for a fight? Fundraiser seeks property people to step into the ring

Up for a fight? Fundraiser seeks property people to step into the ring

News

The property industrys Rumble with the Agents charity event is to host its eighth evening of boxing and fund-raising in North London on Thursday 22nd June, it has been announced. <figure id="" class="w-richtext-figure-type- " data-rt-type="" dat

MORTGAGE SHOCK: Bank of England hikes base rate by 0.5% to 4%

MORTGAGE SHOCK: Bank of England hikes base rate by 0.5% to 4%

News

The Bank of England has raised interest rates for the 10th consecutive time as it battles inflation - a move likely to hit thousands of investors with variable rate mortgages and those forced to renew fixed-rate deals. The base rate has gone up by half a percent to 4%, the highe

Councils' frosty reception for HMOs sees number decline in key regions

Councils' frosty reception for HMOs sees number decline in key regions

News

Englands HMO market has shrunk by more than 21,000 properties in the last two years as local councils ramp up planning rules and licensing schemes. Numbers were down by -2.4% to 489,701 last year, having already seen a -1.7% drop in 2021, according to figures from Octane Capi

EXCLUSIVE: Online boss talks candidly about landlords' reluctance to 'go digital'

EXCLUSIVE: Online boss talks candidly about landlords' reluctance to 'go digital'

News

The boss of online lettings platform lettingaproperty.com is determined to overcome landlords inertia to switch from using high street agents. Jonathan Daines admits its a challenge as 95% of landlords still use agents, with the ingrained belief that the online process wil

MARKET: Average house price down 3.2% since August 2022

MARKET: Average house price down 3.2% since August 2022

News

House prices have fallen for the fifth month in a row, with the average property now worth �258,297, almost �4,000 less than in December, reports Nationwide. January saw a -0.6% monthly dip which left prices 3.2% lower than their August peak, while annual house price growth al

Making Tax Digital for Income Tax on hold, again!

Making Tax Digital for Income Tax on hold, again!

News

If you were due to submit a self-assessment tax return and pay your dues by yesterdays deadline and you missed it you should do so now without delay, otherwise you will face a penalty. Anyone with rental income must submit a self-assessment income tax return, completing the property inco

Looming Vic & Bob movie to portray landlords as 'obnoxious'

Looming Vic & Bob movie to portray landlords as 'obnoxious'

News

Landlords are to get their latest outing on the silver screen within the first movie by comedians Vic Reeves and Bob Mortimer, it has been reported. But predictably its not the image many would prefer to see the comedy pair promote. After nearly two decades of dev

Landlord to pay tenants �10,000 after losing RRO legal appeal

Landlord to pay tenants �10,000 after losing RRO legal appeal

News

A London landlord has been hit with a �9,880 rent repayment order after failing to convince a tribunal that his tenants application was not legal. The landlord admitted that he had held a selective licence which limited occupation to five people from one household but hadn

Landlords are taking action as tax bills and refurb costs rise above rent yields

Landlords are taking action as tax bills and refurb costs rise above rent yields

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Rising number of tenants forced to leave Scottish private rental sector

Rising number of tenants forced to leave Scottish private rental sector

News

The number of households becoming https://www.landlordzone.co.uk/news/new-minister-reveals-millions-more-to-fund-prs-support-schemes-for-homeless/" homeless from private rented tenancies in Scotland is now higher than it was pre-pandemic, according to new government data.

Private rented sector is not 'broken' as campaigners claim, says new report

Private rented sector is not 'broken' as campaigners claim, says new report

News

Ministers and campaigners who claim that tenants are trapped in a 'broken' private renters sector are wrong, a new independent report commissioned by the NRLA has claimed, highlighting how three quarters of tenants think their rent fair or excellent value for mo

Podcast: Should landlords invest or divest?

Podcast: Should landlords invest or divest?

Podcast

In the latest episode of The Property Cast , now available to https://www.totallandlordinsurance.co.uk/knowledge-centre/investing-in-buy-to-let-2023?utm_source=landlordzone&utm_medium=investment+podcast+article&utm_campaign=landlordzone+january+2023" <st

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Midlands landlord to pay £20,000 after ignoring improvement notice

Midlands landlord to pay £20,000 after ignoring improvement notice

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A landlord in Telford is to pay a huge fine after his local council took him to court over a substandard property he rented out within the town.

Landlords caught up in latest cladding remediation problems

Landlords caught up in latest cladding remediation problems

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A Lib Dem MP has highlighted what he describes as an unfolding EWS1 form scandal after a fire safety consultant was sanctioned for unprofessional conduct.

How will landlords handle risky tenants when 'rent in advance' is banned?

How will landlords handle risky tenants when 'rent in advance' is banned?

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News
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One of the seismic changes for landlords and letting agents this year will be when the Renters’ Rights Bill bans taking rent in advance.

Big London borough to renew HMO licensing and raise fees

Big London borough to renew HMO licensing and raise fees

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Camden Council wants to renew its additional licensing scheme with a potential £82 hike in fees.

NE town reveals plans to start selective licensing for landlords

NE town reveals plans to start selective licensing for landlords

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Landlords in Grimbsy are being asked for their views on a new selective licensing scheme for parts of the East Marsh ward.

NEW: Research reveals key reason for political action on 'unfair' PRS

NEW: Research reveals key reason for political action on 'unfair' PRS

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Over two thirds of private renters in the UK believe it is ‘too easy’ for landlords to take advantage of tenants, much higher than the global average of 59%.

Uswitch has produced the latest ‘Mouldy Nation Report’

Uswitch has produced the latest ‘Mouldy Nation Report’

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The energy specialist, comparison website operator Uswitch, has released its latest “Mouldy Nation Report”

TV presenter warns landlords over Ofgem's eletricity meter 'cliff face'

TV presenter warns landlords over Ofgem's eletricity meter 'cliff face'

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News
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Landlords have been warned to swap their Radio Teleswitch Service (RTS) meters at rental properties by 30th June or face possible legal action.

Is Scotland getting ready for its own EPC minimum for landlords?

Is Scotland getting ready for its own EPC minimum for landlords?

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The Scottish Government is to upgrade its Energy Performance Certificates (EPC) system.

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.

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.