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Raising EPC upgrade cost cap for landlords 'inappropriate'

Raising EPC upgrade cost cap for landlords 'inappropriate'

News

Estate agents have urged the government to reduce its proposed £15,000 cost cap for landlords to make EPC upgrades to £5,000.

Industry boss slams Labour's EPC reform plans

Industry boss slams Labour's EPC reform plans

News

A retrofit firm boss has warned that ill thought-out EPC reforms risk misclassifying millions of homes, misdirecting public funds and delaying action on cold, inefficient homes.

Big Midlands town gives green light to selective licensing

Big Midlands town gives green light to selective licensing

News

Mansfield is the latest major district council to give the green light to selective licensing within its borders following a consultation last year.

Build more homes? Britain can't afford it, Rachel tells Angela

Build more homes? Britain can't afford it, Rachel tells Angela

News

Labouir's promise to build more homes including those for renters is in jeapordy as Rayner and the Chancellor battle it out over money.

'More private landlords will quit and we'll replace them' - says big corporate

'More private landlords will quit and we'll replace them' - says big corporate

News

The UK’s biggest private corporate landlord has predicted that rental housing shortages will worsen in the coming years – while it takes the place of smaller landlords.

Westminster green-lights huge selective licensing scheme for landlords

Westminster green-lights huge selective licensing scheme for landlords

News

Westminster City Council has given the go-ahead to a huge new selective licensing scheme covering 15 of the London borough’s 18 wards.

EXPERTS: Inflation rise to delay interest rate cut until August

EXPERTS: Inflation rise to delay interest rate cut until August

News

Landlords could face higher mortgage rates for longer after inflation jumped by more than expected last month to 3.5%.

OFFICIAL: 24% of landlords looking to sell up this year

OFFICIAL: 24% of landlords looking to sell up this year

News

A data gathering exercise by the Government has highlighted new and sometimes surprising facts about the UK’s landlords and their properties, including why a quarter are plannig to sell of properties over the next 12 months.

Making commonhold default tenure will have 'unintended consquences'

Making commonhold default tenure will have 'unintended consquences'

News

A leading leasehold expert has warned that commonhold reforms will hit property values and shift costs onto individual flat owners including those belonging to private landlords.

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'Zero-rate VAT for property upgrades if you want to hit EPC targets' say big landlords

'Zero-rate VAT for property upgrades if you want to hit EPC targets' say big landlords

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News
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The British Property Federation (BPF) has called on the government to zero rate VAT on building repair and maintenance to incentivise essential upgrades across the residential sector or risk missing its 2050 net zero target. In the run-up to next weeks Budget, it says the

Politician warns big landlord fines by councils 'can be seen as hypocritical'

Politician warns big landlord fines by councils 'can be seen as hypocritical'

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News
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A Suffolk councillor has spoken out against targeting private landlords with tougher regulations when authorities face similar problems with their own housing stock. Both Babergh and Mid Suffolk councils have agreed that civil penalties of up to �30,000 should be used to deter

NRLA chief Ben Beadle cleared of misleading MPs on rent supply

NRLA chief Ben Beadle cleared of misleading MPs on rent supply

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News
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NRLA boss Ben Beadle clears his name, confirming he did not mislead MPs about private rental supply shortages.

A year in review for agents: The PRS annual report 2022

A year in review for agents: The PRS annual report 2022

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The Property Redress Scheme annual report 2022 has just been released and reflects on

Retro-fitting buildings for energy efficiency - is it worth it?

Retro-fitting buildings for energy efficiency - is it worth it?

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Refurbishing, or in the jargon - retrofitting - older commercial and residential buildings, according to the Government, is desirable and necessary, given that energy efficiency standards that will need to be met under the Governments legal commitment to net zero by 2050. But

Property firm boss banned for 12 years after falsely claiming �45,000 Covid loan

Property firm boss banned for 12 years after falsely claiming �45,000 Covid loan

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News
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A property investor who falsely claimed a �45,000 Bounce Back Loan before dissolving his firm has been banned by the Insolvency Service. Simon Gorgin, 63, from Kings Langley, was sole director of P3 Estates Ltd until it was dissolved in December 2021. In May 2020,

Major council launches mould and damp crackdown in PRS including fines

Major council launches mould and damp crackdown in PRS including fines

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News
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Hackney Council has launched a major enforcement drive against private landlords who ignore complaints about serious damp and mould, signalling an unofficial application of 'https://www.landlordzone.co.uk/news/opinion-should-awaabs-law-to-be-applied-in-the-private-rented-sector/" i

HMO landlords urged to share views on controversial council tax re-banding consultation

HMO landlords urged to share views on controversial council tax re-banding consultation

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News
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Leaders of a campaign seeking to change the law on unfair HMO property council tax re-banding are urging landlords to input into the ongoing Government consultation on the matter due to end on the 31st March. As https://www.landlordzone.co.uk/news/exclu

Cowboy HMO landlord given �8,000 fine over 'horror house' HMO conversion

Cowboy HMO landlord given �8,000 fine over 'horror house' HMO conversion

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News
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The landlord of a property dubbed a house of horrors� has been ordered to pay more than �8,000 by the courts. Barking and Dagenham Council enforcement officers discovered water leaks, broken windows and doors, a lack of fire protection, exposed electrical wiring, and rat a

Landlord property repossessions continue upward trajectory

Landlord property repossessions continue upward trajectory

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News
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At least 710 buy-to-let mortgaged properties were repossessed in the second quarter of the year, 13% up on the previous quarter and 51% up year-on-year.

OpenRent and Rightmove's 'war of words' ends with new deal

OpenRent and Rightmove's 'war of words' ends with new deal

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News
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Online lettings firm OpenRent and Rightmove have signed a new property listings deal after several weeks of corporate brinkmanship over fees.

COURTS: Time to evict a tenant jumps 15% to 25 weeks

COURTS: Time to evict a tenant jumps 15% to 25 weeks

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News
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The average time from claim to landlord repossession has jumped to 25.4 weeks, up from 22.1 weeks in the same period in 2023, according to the latest government figures.

'Supply of rented property thinning out, and Labour's not helping'

'Supply of rented property thinning out, and Labour's not helping'

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News
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Gloomy letting agents have reported a fall-off in private rentals coming onto the market around the country.

How to turn non-profitable headache portfolios into slick, high profit machines again

How to turn non-profitable headache portfolios into slick, high profit machines again

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Landlord Sales Agency has been touted as the UK’s best company for landlords to go to who are looking to increase the profits of their property portfolios.

Reeves dodges ruling out CGT increases for landlords

Reeves dodges ruling out CGT increases for landlords

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News
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Chancellor of the Exchequer Rachel Reeves has refused to rule out increasing capital gains tax for landlords selling their rental properties during interview with a US business TV channel.

London's high rents causing big problems for recruiters

London's high rents causing big problems for recruiters

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News
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A business consultancy has warned that London’s high rents mean many companies in the capital are struggling to recruit staff as younger jobseekers look for employment elsewhere in order to access lower-cost homes.

Protesters strike again as cash-strapped council disposes of properties

Protesters strike again as cash-strapped council disposes of properties

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News
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Cash strapped Somerset Council has County Hall vandalised for fourth time...

Landlord faces 'ban' after licensing lapse in Wales

Landlord faces 'ban' after licensing lapse in Wales

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News
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A landlord in Wales faces is to pay £5,088 in fines and surcharges after operating three properties in Swansea without a licence and has also been effectively banned from the sector.

LandlordZONE reveals one-day NRLA takeover

LandlordZONE reveals one-day NRLA takeover

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We’re pleased to announce that on August 7th, for one day only, the NRLA will be hosting a sponsored takeover here on LandlordZONE!

OFFICAL: Number of properties bought by landlords drops by 14%

OFFICAL: Number of properties bought by landlords drops by 14%

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News
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The number of buy-to-let properties bought by landlords during the past 12 months has dropped by 14%, official HMRC figures reveal

Record number of selective licencing schemes and landlord fines revealed

Record number of selective licencing schemes and landlord fines revealed

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News
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New research has revealed that the number of selective licencing schemes in the UK has increased by nearly 10% over the past two years, with landlords paying on average £700 for a five-year licence.

OpenRent landlord listings to be removed from Rightmove

OpenRent landlord listings to be removed from Rightmove

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News
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Landlords who use OpenRent to find tenants will no longer have access to Rightmove when advertising their properties, it has been announced.

Tenant who threatened gas engineer sent to fix boiler faces jail

Tenant who threatened gas engineer sent to fix boiler faces jail

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News
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A tenant in Scotland has been found guilty of threatening behaviour towards a gas engineer who his landlord had booked to fix the property's gas boiler.

'Corner-cutting' landlord to repay former tenants £15,700

'Corner-cutting' landlord to repay former tenants £15,700

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News
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A ‘confused’ landlord who ‘cut corners’ when maintaining his unlicenced HMO has been told to pay four former tenants £15,703 after they took him to a First Tier Property Tribunal.

'Selective licencing scheme will lead to higher rents'

'Selective licencing scheme will lead to higher rents'

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News
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A row has broken out over plans to re-introduce selective licencing for landlords within parts of the Salford area of Manchester.

Labour confirms minimum EPC 'band C' for rented homes

Labour confirms minimum EPC 'band C' for rented homes

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News
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Labour has confirmed that it will require all private sector landlords to bring their properties up to a minimum Energy Performance Certificate (EPC) band C by 2030.

NRLA: Your portfolio is changing—here’s how

NRLA: Your portfolio is changing—here’s how

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James Kent, the NRLA’s Chief Innovation Officer and founder of the digital compliance platform Safe2, explains how the organisation's Portfolio platform is smarter, faster and more intuitive than ever.

Investing in commercial property – is now a good time to start?

Investing in commercial property – is now a good time to start?

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Commercial property might be sensible way of diversifying your overall investment portfolio risk

Labour WILL drop £11,000 CGT bombshell on landlords reckons wealth firm

Labour WILL drop £11,000 CGT bombshell on landlords reckons wealth firm

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News
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If as many expect Capital Gains Tax (CGT) rates are aligned to people’s personal income tax then landlords selling properties would be on average £11,00 worse off, it has been claimed.

Labour promises 'not to introduce rent controls in England'

Labour promises 'not to introduce rent controls in England'

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News
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Housing minister Matthew Pennycook has confirmed that Labour has no plans to introduce rent controls in England.

CGT revenues from rental home sales rise by £100m

CGT revenues from rental home sales rise by £100m

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News
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A further sign that landlords are selling up comes from new HMRC figures that reveal an increase in Capital Gains Tax (CGT) revenues for the Government from the sale of residential properties.

Big agency boss pins rising rents and low supply on Tories

Big agency boss pins rising rents and low supply on Tories

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News
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A leading lettings agency boss has pinned rising rents and fewer properties to rent squarely on the previous Conservative Government, says its policies have ‘driven away’ landlords.

BREAKING: Bank of England cuts base interest rate by 0.25%

BREAKING: Bank of England cuts base interest rate by 0.25%

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News
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Bank of England cuts base rate to 5%, offering relief to landlords with buy-to-let mortgages nearing the end of fixed-rate deals.

Britain needs more homes, not landlords says campaigning group

Britain needs more homes, not landlords says campaigning group

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News
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Encouraging landlords to rent out more homes will not solve the housing crisis, it has been claimed.