AirBnb owners are switching to long term lettings following changes to Scotlands short-term lets laws, according to a leading property firm. In a reverse of the recent trend thats seen scores of landlords ditch tenancies for holiday lets, DJ Alexander says it has been appr
Council tax re‑banding HMOs sparks fury—MP warns Truss-era reclassification in 50+ towns deals tenants a blow.
The Prime Minister has scotched rumours yesterday that she intends to U-turn on the previous Conservative governments commitment to get rid of Section 21 no-fault evictions. During a packed Prime Ministers Questions in the Commons this morning, she confirmed in a ter
Lloyds bank has entered into a �180million financial partnership with specialist buy-to-let lender, LendInvest PLC. The lenders partnership with the leading high street retail bank will be a boost to the innovative lenders business, helping the AIM listed company grow its buy-to-let
A tweet by the political editor of The Times newspaper has claimed that Liz Truss is about to U-turn on abolishing Section 21 evictions. Steven Swinfordhttps://twitter.com/Steven_Swinford/status/1579586149999181824" took to the social media
Guidance for landlords and tenants on addressing dampness, condensation, and mould issues, covering responsibilities and prevention strategies.
Holyrood MSPs yesterday passed through emergency legislation to freeze most rents until the end of March 2023. The legislation was on a fast track from earlier this week and passed its final stage yesterday. After hearing that some residential rents had increased by up to 30 per
Following recent changes to legislation The Department for Levelling Up, Housing and Communities (DHLUC) is expected to issue an updated version of the renters https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/942503/6.6642_MHCLG_
Bank of England's base rate hike to 2.25% strains buy-to-let landlords with mortgages, raising refinancing costs and financial pressures. Sour
<figure id="" class="w-richtext-figure-type- " data-rt-type="" data-rt-align=""><div><img src="https://cdn.prod.website-files.com/63bef2f3c329eff8e3a4af45/64cb99341e7240523becc466_hmo-areas-coventry.jpeg" alt="" id="" width="auto" height="auto" loading="auto"></div></figure>Coventry Council ha
The impact of council tax re-banding in HMOs has started to bite as tenants around the UK are being handed huge bills. Portsmouth seems to be a particular hot spot, where one Twitter user posted: Im literally in shock. My house is being re-banded that its six individual
NRLA’s Ben Beadle warns new energy rebate laws may unfairly target landlords, risking conflict with tenants amid cost-of-living crisis.
Labours leader Keir Starmer has hinted that buy-to-let landlords and second home owners may be prevented from buying properties meant for first-time buyers. His comments came during todays address to the Labour conference in Blackpool, during which h
A report in The Guardian newspaper says that the Surge in no-fault evictions prompts calls to renew UK-wide ban,� on section 21 evictions that is, as was the case during the Covid pandemic. Tenants were protected from being removed during lockdown - how
Business rates revaluations are scheduled at certain times, but if these occur during period of high inflation the new fix could put businesses and commercial landlords at risk. Though business tenants are liable to pay business rates, landlords should be concerned because they
Labour's Lisa Nandy criticises landlords, pledges reforms to shift balance towards social housing and empower renters.
A Uttoxeter-based landlord, Gunes Ata, aged 47, has been successfully prosecuted by Sheffield City Council for repeatedly failing to provide his leaseholder tenants with the detailed information they are entitled to when presented with their service charges. Mr Ata, who owns She
Kwasi Kwarteng failed to deliver the hoped-for repeal of Section 24 in his mini-Budget but confirmed a permanent cut in stamp duty. The chancellor raised the threshold before stamp duty is paid to �250,000 and for first-time buyers, to �425,000 - cuts universally panned by mor
Some holiday lets owners are gaming the system to claim business rate relief, comments made by the Housing Minister Lord Greenhalgh suggest, who has promised action to clamp down on the practice. In a Lords debate on second homes, peers voiced concerns that second homeo
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
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
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 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 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
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
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
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
Landlords in the North East are pocketing the highest rental yields in the UK, according to Paragon Bank’s latest lending data.
Hamptons reports that 46,449 companies have been set up to hold buy-to-let property in Great Britain between January and September, a 23% increase on the same period last year.
To maximise your profits as a landlord, it's crucial to minimise your tax liability by claiming all allowable expenses.
A group of high-profile housing leaders, lawyers and economists have urged the Government to include private landlords within its plans to solve the housing crisis, instead of casting them as the villains of the piece.
The British High Street has been in decline for some years now, but could it be that there are signs of a revival?
A landlord fears neighbours may force him out for breaking lease conditions due to rogue renters illegally sub-letting his flat.
Private landlords have been excluded from a new government Welsh government initiative that funds retrofit advice in residential properties and hands out interest-free loans for energy efficiency improvements.
Inspectors employed by a big London borough have started knocking on doors around Wembley to check whether landlords have a selective licence.
A landlord in Wembley, North London has been fined £49,500 after a court heard that he rented out a five-bedroom two-storey unlicenced house in very poor condition to eight people including two children.
The Chancellor is expected to leave the rate of capital gains tax (CGT) on the sale of second homes and buy-to-let properties untouched amid concerns that increasing it would cost money.
England’s overburdened tribunal system is ill-equipped to handle the potential influx of new claims from the Renters’ Rights Bill, according to proptech firm Reapit.
Barking and Dagenham is to go ahead with an HMO licensing extension in January and has asked the government to approve a new selective scheme.
One of the UK’s largest BTL mortgage lenders has urged the Government to give landlords more financial support to reach the recently-announced 2030 deadline for all rental properties to reach a minimum EPC band C.
Newham Council has apologised to council tenants after the Regulator of Social Housing found serious failings in safety standards at its properties.
A coalition of leading property groups has called on the government to put the Unique Property Reference Number (UPRN) at the heart of the UK residential market.
Many politicians and campaigners have, in support of the Government’s looing renting reforms, claimed that tenants feel insecure when living in their homes and are worried about the high rents.
Rightmove has called on the Government to support landlords, not load them with more tax, ahead of the Chancellor’s budget on 30th October.
After feedback from landlords, energy firm Utilita has published a free guide on the LandlordZONE Forum on retrofitting scheme eligilility.
Haringey Council has made a Compulsory Purchase Order (CPO) for a derelict house, demonstrating the lengths to which authorities are going to repossess landlord properties.
The UK government has committed to its targets to reach net zero emissions by 2050. As part of this initiative the Government is looking to reduce emissions across a wide range of sectors, including commercial and residential property.
One quarter of private landlords plan to sell their properties needing energy upgrades due to the government’s ambition for the sector to reach EPC targets by 2030.
The UK’s largest union wants Labour to go further with its plans to reform the PRS and has labelled the Renters’ Rights Bill as only the ‘first step’.
Data from a leading estate agency shows just 35% of former rental homes go to those entering the owner-occupier market.
A property leader has warned that Scotland's upcoming Housing Bill must not hamper much-needed investment in the rental sector.
