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Council warns of 'stiff HMO penalties' as it fines landlord �23,000

Council warns of 'stiff HMO penalties' as it fines landlord �23,000

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A big council in the South East of England has warned landlords who dont licence their HMO properties that they face stiff fines for non-compliance. <figure id="" class="w-richtext-figure-type- " data-rt-type="" data-rt-align=""><div><img src="https://cdn.prod.website-files.com/63bef2f3c

Decent Homes Standard poses little risk for landlords

Decent Homes Standard poses little risk for landlords

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Paragon Bank survey shows 62% of landlords support Decent Homes Standard; 74% frustrated by lack of action against substandard housing.

Claiming EPCs will cost £1000s to upgrade from D to C 'inaccurate' says expert

Claiming EPCs will cost £1000s to upgrade from D to C 'inaccurate' says expert

News

There have been many articles in the media stating that it will cost £5,000 to £6,000 to improve a residential landlords EPC from D to C. James Tanner, whose family operates a London-based PRS portfolio,&nbsp;and&nbsp;who also runs a https://www.jtannerproperties.c

NEW: 36% of tenants would accept a rent increase from a good landlord

NEW: 36% of tenants would accept a rent increase from a good landlord

News

New research within the private rented sector has unearthed surprising attitudes to rent increases among tenants. Uswitch asked 2,000 renters whether they would accept an increase when renewing their rental contract and found that on average 36% would accept an increase while 50

BREAKING: £17.9 billion landlord bill for EPC upgrades revealed

BREAKING: £17.9 billion landlord bill for EPC upgrades revealed

News

Private landlords face a combined bill of �17.9 billion to upgrade their properties to a minimum EPC band C by 2025, with landlords in the capital facing the largest bill at �3.2 billion. Knight Franks figures highlight the looming crunch within the private rented sector pr

Be wary of property courses offering 'quick routes to success' says expert

Be wary of property courses offering 'quick routes to success' says expert

News

Leading landlord and evictions figure Paul Shamplina has warned those seeking property investment training to be wary of courses which seem to provide easy shortcuts to success�. His comments were made over the weekend within an investigation by The Telegraph newspaper into

Average holiday home investor income rises by 59% since 2019

Average holiday home investor income rises by 59% since 2019

News

The UKs largest holiday home rentals website has published shocking figures that reveal the average income earned by property investors on its platform. Sykes Holiday Cottages Holiday Letting Outlook Report 2023 reveals that its average owner saw an income of �24,000 last

Tribunal slams councils for 'cash cow' licencing schemes that aren't needed

Tribunal slams councils for 'cash cow' licencing schemes that aren't needed

News

A First Tier Property Tribunal has slammed Nottingham Council for covering large swathes of the city with licensing schemes rather than targeting rogue landlords, a 'temptation' it says is faced by other local authorities. Justice for Tenants brought a case on behalf of a tenant

Shrinking buy-to-let could see a buy-to-let mortgage drought

Shrinking buy-to-let could see a buy-to-let mortgage drought

News

As landlords continue to exit the buy-to-let market, to the detriment of their tenants, could this rout also lead to buy-to-let mortgage lenders following their lead? This is a question posed by Chloe Cheung writing for the FT this last weekend. Its a serious question, a deve

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Airbnb boss reveals plans to go into longer-term property rentals

Airbnb boss reveals plans to go into longer-term property rentals

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Landlords may soon be able to rent their homes out via Airbnb to more than just holiday makers, its co-founder has revealed.

North East landlords' meet to help landlords 'weather the storm'

North East landlords' meet to help landlords 'weather the storm'

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TV star and evictions expert Paul Shamplina is due to give landlords advice on how Labour’s looming and significant changes to the way homes are rented in England and Wales will impact them at an event on Thursday, September 26th.

Landlord couple who ignored HMO rules fined £18,000 by court

Landlord couple who ignored HMO rules fined £18,000 by court

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A landlord couple who ignored requests from the local authority and Planning Inspectorate to stop using their property as an HMO have been fined £18,000.

Miliband says rented homes under EPC minimum 'C' will be banned

Miliband says rented homes under EPC minimum 'C' will be banned

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Ed Miliband, Labour’s Energy Security and Net Zero Secretary, has told the party’s annual conference that landlords will have to upgrade their homes to a minimum EPC ‘C’ rating by 2030 or be unable to rent their properties legally.

'Renting reforms and EPC upgrades will push out benefits landlords'

'Renting reforms and EPC upgrades will push out benefits landlords'

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A benefits landlord has voiced fears that new laws and standards in the PRS will force her -and others like her - to stop renting to social tenants.

Mould 'clamp down' plans for landlords 'imminent' says Rayner

Mould 'clamp down' plans for landlords 'imminent' says Rayner

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Labour will continue to ramp up the pressure on landlords to update their properties by consulting on a Decent Homes Standard.

Landlord fined £5,000 after failing to get HMO licence

Landlord fined £5,000 after failing to get HMO licence

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A landlord in Colchester has been handed a £5,000 civil penalty notice for failing to license his unsafe HMO.

Labour’s tax plans could drive landlords out of the market

Labour’s tax plans could drive landlords out of the market

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Landlords face potential £90,000 capital gains tax hit under Labour's proposed reforms, prompting many to consider selling before new tax laws take effect.

Investment property is a steal - but there's a catch

Investment property is a steal - but there's a catch

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Landlords with a burning ambition to take on a major project might consider bidding on this home in the Welsh valleys, priced £0.

Landlord to pay £15,000 after second prosecution over same property

Landlord to pay £15,000 after second prosecution over same property

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A landlord who has ignored efforts by a city council to improve his run-down property has been fined heavily.

National Lottery gives green campaigners £1.25m to 'educate landlords'

National Lottery gives green campaigners £1.25m to 'educate landlords'

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Students Organising for Sustainability says it will use the money to improve student accommodation across the UK.

Evicting benefits tenants 'to get harder when renting reforms go live'

Evicting benefits tenants 'to get harder when renting reforms go live'

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The opaque Universal Credit rental payments will cause landlords even more headaches when the Renters' Rights Bill goes live.

Oz landlord to repay UK tenants £16,224 despite 'grey area' claim

Oz landlord to repay UK tenants £16,224 despite 'grey area' claim

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A landlord not resident in the UK must now pay a big rent repayment order after failing to license her property on time.

How to sustainably build a solid rental portfolio

How to sustainably build a solid rental portfolio

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Thinking of growing a buy-to-let portfolio? Start smart, reinvest profits, diversify, stay compliant, and think long-term for lasting success and inco

Liverpool councillor: landlords have been “absolutely battered” in recent years

Liverpool councillor: landlords have been “absolutely battered” in recent years

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While tenant numbers are steadily growing, the number of private rented properties has been shrinking

New specialised BTL mortgage broker revealed for landlords

New specialised BTL mortgage broker revealed for landlords

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Specialist lender OSB Group has launched Rely, a dedicated buy-to-let lending brand to support landlords.

Students cause less damage than other tenants, shock figures reveal

Students cause less damage than other tenants, shock figures reveal

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Average end-of-tenancy charges for students including arrears, cleaning, and damages were significantly lower last year than rest of PRS.

“I’m richer now selling my houses than I was renting them” – Landlords rush to get out

“I’m richer now selling my houses than I was renting them” – Landlords rush to get out

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Smart landlords are selling now, making more upfront than years of rent - 85–90% of market value, fast and hassle-free.

Big suburban London council reveals HMO licensing expansion

Big suburban London council reveals HMO licensing expansion

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Sutton wants to widen its licensing activities to include smaller HMOs, which number nearlyh 1,000 within the borough.

Landlords have 'good reason to be concerned with renting reforms'

Landlords have 'good reason to be concerned with renting reforms'

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Three key rental sector organisations have joined to warn the Government that its rental reforms are causing significant concerns.

BLOG: Landlords face higher bills as EPC assessments get tougher

BLOG: Landlords face higher bills as EPC assessments get tougher

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Changes to EPC assessments mean higher energy assessment costs for landlord, that's on top of what it will cost many landlords to upgrade properties

Big seaside city reveals radical plans to restrict holiday lets

Big seaside city reveals radical plans to restrict holiday lets

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Council has hatched plans to start charging Airbnb users for parking and is also considering a ban on full-time Airbnbs in new builds and designating

Landlords brace for reform at sold-out NRLA gathering in London

Landlords brace for reform at sold-out NRLA gathering in London

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Paul Shamplina headlined NRLA On Tour London, delivering key insights on legal changes for landlords at a sold-out, sector-shaping event.

Leading tax expert slams looming Making Tax Digital changes for landlords

Leading tax expert slams looming Making Tax Digital changes for landlords

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A high-profile tax expert has labelled HMRC’s Making Tax Digital (MTD) regime – set to hit landlords next year - as ‘pointless and costly’.

£6 million licensing scheme reveals property inspections blitz

£6 million licensing scheme reveals property inspections blitz

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Peterborough Council boasts that its aggressive approach to selective licensing has driven significant improvements in the town’s private rental secto

Major BTL lender relaxes rental 'stress test' rules to help landlords

Major BTL lender relaxes rental 'stress test' rules to help landlords

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The Mortgage Works has reduced its 'stress test' rate which is used to assess whether a landlord can afford loan payments.

London rental market now 'full of opportunity for landlords'

London rental market now 'full of opportunity for landlords'

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London’s rental sector is full of opportunity for both landlords and tenants, says Foxtons, which reports an explosion in tenancy applications.

Former letting agent turned 'fake landlord' jailed for £200k fraud

Former letting agent turned 'fake landlord' jailed for £200k fraud

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A former estate agent who posed as a landlord to con would-be tenants out of more than £200,000 has been jailed.

Big London borough to launch double landlord licensing push

Big London borough to launch double landlord licensing push

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Hackney plans to launch selective licensing in 17 of its 21 wards as well as a borough-wide additional licensing scheme.

EPCs: Landlords seeking five-year BTL loans 'could be turned down'

EPCs: Landlords seeking five-year BTL loans 'could be turned down'

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Landlords currently seeking a five-year fixed rate BTL mortgage on a property with an EPC rating below band C could be turned down before net

Council admits selective licensing will 'push up rents'

Council admits selective licensing will 'push up rents'

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Great Yarmouth council has revealed more details of its proposed selective licensing scheme for landlords.

'Give landlords back tax relief to ease housing crisis', urges Shamplina

'Give landlords back tax relief to ease housing crisis', urges Shamplina

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Landlord Action founder also says landlords have been unfairly cast as villains in recent years.

Landlords urge new Minister to delay tax hike

Landlords urge new Minister to delay tax hike

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Scottish landlords have urged their government to pause Additional Dwelling Supplement (ADS) for landlords to help ease the 'housing crisis'.

Majority of landlords in city against council's HMO licensing plans

Majority of landlords in city against council's HMO licensing plans

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Just 44% of landlords agree with Southampton Council’s plans to introduce additional licensing.