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New landlords: are you properly prepared for letting a property for the first time?

New landlords: are you properly prepared for letting a property for the first time?

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Letting for the first time can be a daunting prospect. Here is a summary of the key points you should look out for...

UPDATED: The importance of the residential property Inventory

UPDATED: The importance of the residential property Inventory

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Ever since the launch of the Tenancy Deposit Scheme in April 2007, the lettings industry has recognised the importance of a professional standard inventory if deposit damage claims by landlords or their agents are to succeed.

80% of landlords ‘were ready for EPC changes’ scrapped by Rishi Sunak this week

80% of landlords ‘were ready for EPC changes’ scrapped by Rishi Sunak this week

News

Rishi Sunak’s decision to scrap tougher EPC rules for rented properties may spark anger among some landlords following new research that four in five of them had already made preparations to meet the former minimum ‘Band C’ requirement.

Short-let landlords in London ‘must be regulated and taxed more’ says Westminster

Short-let landlords in London ‘must be regulated and taxed more’ says Westminster

News

Westminster City Council has repeated its calls for a compulsory registration scheme for short-term lets, a tax on overnight stays and powers to issue penalties to unregistered hosts, saying Airbnb is now causing an ‘enforcement nightmare’.

Offering sex for rent should be ‘specific offence’ say tenant campaigners

Offering sex for rent should be ‘specific offence’ say tenant campaigners

News

The government is being urged to bring in a dedicated ‘sex for rent’ law to protect tenants after it promised to clamp down on predatory adverts.

Higher rents caused by more landlords than usual quitting says Bank of England

Higher rents caused by more landlords than usual quitting says Bank of England

News

The Bank of England has blamed higher rents on more landlords than usual quitting the private rental market within its detailed quarterly report on the economy.

REVEALED: What the boiler replacement scheme change means for landlords

REVEALED: What the boiler replacement scheme change means for landlords

News

Landlords have more of an incentive to make green improvements following PM Rishi Sunak’s announcement that they can now claim £7,500 for a heat pump installation.

Offering sex for rent should be 'specific offence' say tenant campaigners

Offering sex for rent should be 'specific offence' say tenant campaigners

News

The government is being urged to bring in a dedicated �sex for rent' law to protect tenants after it promised to clamp down on predatory adverts.

Short-let landlords in London 'must be regulated and taxed more' says Westminster

Short-let landlords in London 'must be regulated and taxed more' says Westminster

News

Westminster City Council has repeated its calls for a compulsory registration scheme for short-term lets, a tax on overnight stays and powers to issue penalties to unregistere

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Landlord to repay tenants £21,000 after failing to license HMO

Landlord to repay tenants £21,000 after failing to license HMO

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News
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Opinion
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Four tenants have won £21,076 from their landlord who failed to explain why she hadn’t licensed her damp and cold HMO.

Rocketing leasehold charges trapping landlords with unsaleable flats

Rocketing leasehold charges trapping landlords with unsaleable flats

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News
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Many landlords are struggling to sell leasehold flats because management charges have reached astronomical levels with many now forking out £2,000 or more a year.

Housing minister reveals plans to digitise property buying and selling

Housing minister reveals plans to digitise property buying and selling

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News
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Landlords buying or selling homes will soon enjoy a smoother and quicker property transaction process after the Government announced that it is to digitise the system.

Salvation Army joins growing calls for Labour to unfreeze LHA

Salvation Army joins growing calls for Labour to unfreeze LHA

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News
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The Salvation Army has joined calls for the UK government to help prevent homelessness in Scotland by scrapping the planned freeze on Local Housing Allowance (LHA).

Labour to force landlords to achieve EPC band C minimum

Labour to force landlords to achieve EPC band C minimum

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News
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Opinion
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The government has confirmed its plan to force all private landlords to get their rental properties up to an EPC C – from the current EPC E – by 2030.

Renters’ Rights could scupper students’ uni plans

Renters’ Rights could scupper students’ uni plans

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News
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Opinion
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Students from the UK and overseas could miss out on a university education unless the Government makes urgent changes to its Renters’ Rights Bill.

Tenants rescued by inspection officers after ignoring CO alarm

Tenants rescued by inspection officers after ignoring CO alarm

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News
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A Birmingham Council officer has saved the lives of a family of renters during a selective licensing compliance visit.

Rental reforms stir controversy in House of Lords

Rental reforms stir controversy in House of Lords

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News
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Despite warnings about potential unintended consequences of the Renters’ Rights Bill, the Bill is speeding through Parliament

Minister reveals end to rent controls in Scotland

Minister reveals end to rent controls in Scotland

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News
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Opinion
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The Scottish government will scrap its temporary rent control legislation on 31st March, in a move which promises to boost landlords’ confidence.

Landlord fined £10,000 over failure to do £169 safety check

Landlord fined £10,000 over failure to do £169 safety check

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News
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Booking in a five-yearly Electrical Safety Installation Certificate (ESIC) check for your rented property often seems like one of the plethora of minor tasks on the ‘to do’ list.

Higher BTL repossessions making rental shortage worse says Law Society

Higher BTL repossessions making rental shortage worse says Law Society

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News
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An increase in buy-to-let repossessions is exacerbating the rental supply shortage and leaving evicted families without legal aid needed to fight their case.

'We're seeing mostly older landlords selling up' says agency boss

'We're seeing mostly older landlords selling up' says agency boss

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News
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An exodus of older landlords is paving the way for build-to-rent investors and younger landlords looking to capitalise on higher yield properties, according to a big estate agency boss.

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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Opinion
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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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Opinion
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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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Opinion
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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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News
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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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Opinion
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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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News
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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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Information

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.