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Hunt reveals U-turn on all the mini-budget policies - except stamp duty

Hunt reveals U-turn on all the mini-budget policies - except stamp duty

News

Chancellor Jeremy Hunt has announced that the government will reverse almost all the tax measures announced in its recent growth plan. While it will still go ahead with cutting stamp duty, a planned 1p cut to the basic rate of income tax will now be shelved indefinitely� wh

Minister says Renters Reform Bill WILL be introduced 'during this parliament'

Minister says Renters Reform Bill WILL be introduced 'during this parliament'

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The Renters Reform Bill will be introduced during the current parliamentary session, the Secretary of State for Levelling Up, Housing and Communities has told MPs. <figure id="" class="w-richtext-figure-type- " data-rt-type="" data-rt-align=""><div><img src="https://uploads-ssl.webflow.c

Arrests made by HMRC in tax repayment frauds

Arrests made by HMRC in tax repayment frauds

News

This case highlights the dangers of responding to emails (phishing schemes) and social media appeals promising tax rebates and otherwise ways of receiving large pay outs in return for information. Four men were arrested in a coordinated operation across England by over 50 office

New Chancellor is a landlord, but can he sort out the mess left by Kwasi?

New Chancellor is a landlord, but can he sort out the mess left by Kwasi?

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The new Chancellor and former Health Secretary Jeremy Hunt has been tasked with sorting out the Kwamiikaze mini budget introduced by his predecessor, who holds the dubious gong of having the 2nd shortest tenure in the job ever. Hunt, who has made two weak

NEW: Shocking lack of rental supply now dogging the 'spare room' market too

NEW: Shocking lack of rental supply now dogging the 'spare room' market too

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Demand for shared rooms is at an all-time high, while supply has hit a nine-year low, according to flat share site SpareRoom. The shocking figures have also led to average monthly room rents reaching record highs and increasing across every UK region in Q3 2022; Scotland is up 2

LATEST: 'Landlords quitting Airbnb short-lets as strict Scots rules kick in'

LATEST: 'Landlords quitting Airbnb short-lets as strict Scots rules kick in'

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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 of HMOs ‘a huge blow for tenants’

Council tax re‑banding of HMOs ‘a huge blow for tenants’

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Council tax re‑banding HMOs sparks fury—MP warns Truss-era reclassification in 50+ towns deals tenants a blow.

Truss reveals banning Section 21 evictions WILL go ahead despite yesterday's leak

Truss reveals banning Section 21 evictions WILL go ahead despite yesterday's leak

News

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 provides �180mn for buy-to-let lender

Lloyds Bank provides �180mn for buy-to-let lender

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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

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Cut corners on inventories at your peril, landlords warned

Cut corners on inventories at your peril, landlords warned

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Landlords and letting agents aren’t carrying out inventory inspections on nearly a third of tenancies, leaving themselves open to disputes.

Landlord tax burden puts the squeeze on maintenance budgets

Landlord tax burden puts the squeeze on maintenance budgets

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Landlords have been warned that cutting maintenance budgets could jeopardise their ability to rent out properties and puts renters at risk.

Court throws out rent-to-rent ruling against superior landlord

Court throws out rent-to-rent ruling against superior landlord

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A landlord has successfully overturned a rent repayment order after he argued he wasn’t responsible for an unlicensed HMO.

Condensation and mould – how can I deal with this knotty problem?

Condensation and mould – how can I deal with this knotty problem?

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It’s that time of year again. The first signs of the UK’s autumn cold arrives as we see more cooling rain and wind, and a noticeable drop in temperature

Landlords: Avoid £30k penalties with safety compliance

Landlords: Avoid £30k penalties with safety compliance

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Stay compliant to avoid hefty five‑figure penalties—landlord responsibilities can't be ignored.

Renting campaigners call for Labour to go further with reforms

Renting campaigners call for Labour to go further with reforms

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The Renters’ Reform Coalition has called for more radical renter reforms including longer eviction notice periods, longer protected periods free from eviction when a tenancy starts and limits on rent increases during a tenancy.

CGT hike 'to be final nail in rental sector's coffin' claims expert

CGT hike 'to be final nail in rental sector's coffin' claims expert

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A Capital Gains Tax rate change could be the final nail in the PRS coffin as investors ditch bricks and mortar, according to one big financial analyst.

Big landlords tell Labour "it's time to work with us to solve crisis"

Big landlords tell Labour "it's time to work with us to solve crisis"

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A portfolio landlord group has urged the government to voice support for the sector and work with it on finding a solution to the country’s housing crisis.

Hoarding under the spotlight in new NRLA courses

Hoarding under the spotlight in new NRLA courses

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Hoarding is an issue for an estimated six per cent of the population so at some point, many landlords will house a tenant that is affected.

Government reveals wide-ranging plans to overhaul EPCs

Government reveals wide-ranging plans to overhaul EPCs

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The Government has committed to an overhaul of both Energy Performance Certificates (EPCs) and the MEES system that underpins them, it has been announced.

I’m Selling 35 Homes’: Landlords Struggling, but Public Says 'Good Riddance.

I’m Selling 35 Homes’: Landlords Struggling, but Public Says 'Good Riddance.

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I never expected my recent interview with The Telegraph to “go viral” when I spoke to them explaining why so many landlords are feeling the pinch and exiting the market.

Labour's eviction reforms send 'wrong message to rent dodgers'

Labour's eviction reforms send 'wrong message to rent dodgers'

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Labour’s pledge to introduce more robust possession grounds is factually incorrect and sends the wrong message to rent dodgers, says NRLA chief executive Ben Beadle.

NEW: Landlords with public workplace pensions 'backing BTR'

NEW: Landlords with public workplace pensions 'backing BTR'

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Nest - the public body that runs workplace pension schemes - is investing £350 million in build-to-rent (BTR), meaning that some landlords’ pensions are effectively funding competitors.

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.

EXPERT: Clarity needed over PBSA exemption from reforms

EXPERT: Clarity needed over PBSA exemption from reforms

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There is confusion around whether Purpose-Built Student Accommodation will be exempt from changes in the Renters’ Rights Bill.

Borough's HMO landlords trial new appeals portal

Borough's HMO landlords trial new appeals portal

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Landlords in Barnet who are refused permission for change of use to an HMO can challenge the decision through a new online portal.

BTL mortgage rates fall despite interest rate hold

BTL mortgage rates fall despite interest rate hold

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The Bank of England has resisted the temptation to cut interest rates, which remain at 5%.

REPORT: Scots law fails to significantly improve PRS

REPORT: Scots law fails to significantly improve PRS

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Legislation in Scotland has done little to improve affordability in the PRS, according to new research.

Utilita Energy helps landlords winterproof against mould and damp

Utilita Energy helps landlords winterproof against mould and damp

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Times are hard for tenants and landlords alike and this coming winter is causing a worry for many. Almost a quarter of households are already in energy arrears and 9 out of 10 households are worried about increasing energy bills. With heating being the largest proportion of the average energy bill,

Tenant lifestyle not always to blame for damp, says legal expert

Tenant lifestyle not always to blame for damp, says legal expert

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Landlords should not be so quick to lay the blame on tenants for problems and instead use new tools to tackle issues.

Rental prices continue to climb at near-record rate

Rental prices continue to climb at near-record rate

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Average UK private rents increased by 8.4% in the 12 months to August, down from 8.6% in the 12 months to July.

Portfolio landlords buying more properties through companies

Portfolio landlords buying more properties through companies

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Landlords who use limited company structures are incorporating a much larger proportion of their portfolios to mitigate tax changes.

Generous renters dip deep to help homeless youngsters

Generous renters dip deep to help homeless youngsters

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Kind-hearted mydeposits customers have donated more than £66,000 of interest earned on their deposits to the Centrepoint charity.

NRLA calls for clarity on new PRS standards and enforcement

NRLA calls for clarity on new PRS standards and enforcement

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Renters’ Rights Bill sets new Decent Homes Standard, digital PRS database, and stronger enforcement to improve rental property safety and quality.

Landlords urged to offer more tenant-friendly technology

Landlords urged to offer more tenant-friendly technology

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Nearly three-quarters of UK tenants (73%) who aren’t using digital tools in their rental properties would like to give them a try.

Edinburgh landlords win legal challenge over suspensions

Edinburgh landlords win legal challenge over suspensions

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Short-term let landlords in Edinburgh have won a third successful challenge against the council’s licensing scheme.