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Chancellor 'planning tax raid on landlords' to plug �50bn hole in public finances

Chancellor 'planning tax raid on landlords' to plug �50bn hole in public finances

News

Landlords could be hit with a rise in capital gains tax (CGT) along with cuts in reliefs and allowances as part of the Chancellors autumn statement due on November 17th. According to a report inhttps://www.telegraph.co.uk/" https://www.telegraph.c

LATEST: Bankrupt landlord jailed over failure to declare HMO property income

LATEST: Bankrupt landlord jailed over failure to declare HMO property income

News

A bankrupt landlord in the Midlands has been jailed for eight months after failing to tell the Official Receiver about an HMO property he owned in Coventry. The house at 35 Walsgrave Road, Coventry, which yielded a rent of �1,900 a month for Sukhi Sanghera, was not flagged up b

Interest rates have gone up, but here's why Landlords don't need to panic

Interest rates have gone up, but here's why Landlords don't need to panic

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Landlords have been under a lot of pressure recently, with interest rates going up, house prices dropping, and changes in government, anxiety levels have been at an all-time high. But despite the current state of affairs, we still have options to help us get through this patch without panic

Gove returns to Government and re-commits to the Renters' Reform Bill

Gove returns to Government and re-commits to the Renters' Reform Bill

News

Secretary of State for Levelling Up, Housing and Communities, and Minister for Intergovernmental Relations, Michael Gove, has reaffirmed his department's commitment to reforming the private rented sector (PRS). It will follow closely the recommendations in the Governments pol

INTERVIEW: Why one of UK's biggest PRS landlords sold off their properties

INTERVIEW: Why one of UK's biggest PRS landlords sold off their properties

News

Scots entrepreneurs Graeme and Leanne Carling were one of the most successful landlords of the late noughties, taking advantage of the weakness in the property market following the global financial crash to build a bricks-and-mortar empire worth �200 million. This made their co

Serco offers attractive deal to landlords for asylum housing

Serco offers attractive deal to landlords for asylum housing

News

Serco offers landlords guaranteed rent, free maintenance, and no void periods in five-year leases to house asylum seekers.

LATEST: New Housing Minister is a landlord as Gove clears out Truss appointees

LATEST: New Housing Minister is a landlord as Gove clears out Truss appointees

News

Landlords might have found themselves an ally in the newest minister at the Department for Levelling Up, Housing and Communities. Lucy Frazer - the latest MP to join returning boss https://www.landlordzone.co.uk/tag/michael-gove/" target="_blank" Mic

Firms involved in �2.4 million property investment scam are shut down

Firms involved in �2.4 million property investment scam are shut down

News

A group of companies involved in substantial property investment scams has been wound up by the High Court and an official received appointed to liquidate the four firms involved. These are Sentor Solutions Commercial Ltd , Fabcourt Deve

RICS survey indicates global downturn in commercial property market

RICS survey indicates global downturn in commercial property market

News

The RICS global Commercial Real Estate Market Monitor (Q3 2022) is indicating that the sector is in the early stages of a downturn. Thats according to around 81% of the surveys respondents in Q3 2022. It marks a significant increase from the previous quarter sample when just 11% of th

Landlord vents anger at councils who tell bad tenants to ignore eviction notices

Landlord vents anger at councils who tell bad tenants to ignore eviction notices

News

A concerned landlord has shared his frustration at the way councils manage problem tenants facing eviction by telling them to stay put while they are found alternative accommodation, informing the tenants that they will be making themselves 'intentionally homeless' if they move out. <p i

London rents rise faster than inflation to �1,499 a month as tenants fight over flats

London rents rise faster than inflation to �1,499 a month as tenants fight over flats

News

Continued demand for detached properties and a post-Covid resurgence in rent for flats has pushed annual increases in London above inflation. Average rents have accelerated by 4% to �1,499 during Q3 more than double the previous quarters rise and up 11% (�160) highe

LATEST: 'Rishi' effect kicks in as mortgage rates begin to reduce

LATEST: 'Rishi' effect kicks in as mortgage rates begin to reduce

News

The Rishi effect has started to impact mortgage rates just a day after the new PM was announced. As former Chancellor Rishi Sunak moves into number 10, some lenders have announced plans to drop their rates from tomorrow; Coventry Building Society is reducing its new busine

City to fine landlords up to �5,000 for failing to attain EPC E rating for properties

City to fine landlords up to �5,000 for failing to attain EPC E rating for properties

News

Nottingham landlords could face a �5,000 fine if their property doesnt have an EPC E rating as the city council bids to crack down on cold homes. The authority has agreed to adopt financial penalties under the Energy Efficiency (Private Rented Property in Engla

Navigating soaring energy bills and the cost of living crisis - Property podcast - Total Landlord Insurance

Navigating soaring energy bills and the cost of living crisis - Property podcast - Total Landlord Insurance

Podcast

In this episode of The Property Cast, Eddie and Paul welcome energy expert and Head of Tenancy Services at Goodlord, Rik Smith. Drawing on his in-depth knowledge of the residential energy market, Rik cuts through the jargon to explain what is happening in the energy market at la

Legislation: What do landlords and agents need to know?

Legislation: What do landlords and agents need to know?

Podcast

In this episode of The Property Cast, we discuss how landlords and agents can stay on top of their legal obligations. Landlords now have to meet 168 rules and regulations to let a property legally, but what are the latest legislative updates that landlords and agents need to kno

Decarbonising the rented sector - what do landlords need to know?

Decarbonising the rented sector - what do landlords need to know?

Podcast

The Property Cast returns for 2022 and our first episode discusses what the Governments strategy is to achieve decarbonization of the private rented sector? What is the NRLA doing to support landlords? And what do landlords need to know? Eddie and Paul are joined by CEO of th

House prices soared 14% in the last 12 months, how far will they fall?

House prices soared 14% in the last 12 months, how far will they fall?

News

With inflation now into double figures, with all the financial shenanigans over the mini budget, the 10 year risk free bond yield at around 5 percent, its sending mortgages rates above 6 per cent, so how low will house prices go? It seems inevitable prices will fall, but by h

Prominent landlord tells BBC how his mortgage payments now outstrip rental income

Prominent landlord tells BBC how his mortgage payments now outstrip rental income

News

A prominent landlord in the North East has told the BBCs Newsnight programme that unless variable mortgage rates reduce he will have to start handing the keys back to the ten or so properties within his portfolio. <figure id="" class="w-richtext-figure-type- " data-rt-type="" da

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Using a Guarantor: how to minimise your losses if things go wrong.

Using a Guarantor: how to minimise your losses if things go wrong.

Information
News
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The guarantor is the landlord's insurance policy against tenant default. The guarantor pays the landlord the rent if the tenant defaults, he pays the landlord all his losses, expenses or damages where the tenant fails to carry out his of her full obligations under the lease.This article

Wirral latest council to attack HMOs as 'tomorrow's slums'

Wirral latest council to attack HMOs as 'tomorrow's slums'

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News
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As councils across the UK rail against the spread of HMOs, the NRLA says it's not landlords' fault that there is such high demand for this kind of rental property. </h3>Wirral councillors have railed against HMOs whilerejecting one highly criti

Exclusive: Brighton says new HMO rules will be among the 'toughest in the UK'

Exclusive: Brighton says new HMO rules will be among the 'toughest in the UK'

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News
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After a consultation and a green light from the Secretary of State, the city's new property licensing net is set to get much tighter on June 6th. </h2>Brighton and Hove Council isset to hit landlords with some of the toughest licensing rules in

Can't rent out your property? We'll pay you if you help the homeless, says council

Can't rent out your property? We'll pay you if you help the homeless, says council

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News
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A large local authority in Cumbria is calling on landlords who own empty properties they can't rent out during the Coronavirus crisis to open them up to the council's guaranteed rent scheme, and help homeless people. </h3>Private landlords in C

Renting in 2030 – Deposits

Renting in 2030 – Deposits

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Exploring the future of rental deposits, including lifetime deposit schemes and tenant-managed custodial options, to enhance affordability and flexibility.

Only “serious and urgent repairs” should be attempted, says new government guidance

Only “serious and urgent repairs” should be attempted, says new government guidance

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Repairs and Maintenance: Residential landlords (private and social landlords) are being advised by

Short lets industry launches property website for NHS staff

Short lets industry launches property website for NHS staff

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News
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Short-termlet landlords and property agents are being encouraged to offer NHS staff afree place to stay during the pandemic. A new industry initiative - https://www.nhshomes.co.uk" target="_blank" nhshomes.co.uk - is hooking up medical

Want to return to live in your rented-out property?

Want to return to live in your rented-out property?

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Re-possession: During the presenthealth crisis, with everyone on virtual lock-down, new lettings areon hold, but when normality resumes, as it surely will, people willwant to let out their own homes on a temporary basis. Whether

BREAKING: Direct Line confirms doors closed to all new rent guarantee policy claims

BREAKING: Direct Line confirms doors closed to all new rent guarantee policy claims

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News
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One of the UK's largest insurance companies says there is no legal framework available to it that would enable the insurance giant to pay claims now that evictions have been suspended for three months by the government. One of the UKs lar

Stock crisis predicted to worsen as landlords brace for bad news

Stock crisis predicted to worsen as landlords brace for bad news

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News
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More than one in 10 homes for sale on Zoopla in July were formerly rented, prompting fears that a challenging autumn budget could further increase sales.

Expected tax grab prompts fearful landlords to quit

Expected tax grab prompts fearful landlords to quit

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News
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An ongoing shortage of rental properties is expected to keep pushing rents higher as more landlords look to scale back their portfolios.

Suspended jail term for landlord who ignored safety checks

Suspended jail term for landlord who ignored safety checks

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News
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A rogue landlord has been handed a suspended jail sentence after she failed to maintain gas appliances at her rental property.

Rogue exempt accommodation landlords face tough crackdown

Rogue exempt accommodation landlords face tough crackdown

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News
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The government has vowed to take action on rogue landlords who exploit vulnerable residents in exempt accommodation.

Landlord Exodus: Tough New Rules spark mass Sell-Off

Landlord Exodus: Tough New Rules spark mass Sell-Off

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A mass sell-off is currently underway in the landlord sector, and it only looks set to increase. EPC requirements, The Renters Reform Bill, mounting financial pressures, the list of reasons goes on.

Steep house prices curb renters' home buying ambitions

Steep house prices curb renters' home buying ambitions

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News
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A third of renters (33%) don’t plan to ever own their own home, up from a fifth (20%) in 2022.

Warning: Landlords will race to beat Section 21 ban

Warning: Landlords will race to beat Section 21 ban

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News
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A “tsunami of landlords” will put in Section 21 notices before the ban is implemented, predicts Landlord Action’s Paul Shamplina.

Landlords face biggest reform with Section 21 ban

Landlords face biggest reform with Section 21 ban

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Landlords are bracing themselves for the impact of a ban on Section 21 after the government published its Renters’ Rights Bill.

Rental listings see big uplift after recent rate cut

Rental listings see big uplift after recent rate cut

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News
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The first base rate cut since 2020 has boosted rental stock levels across major British cities, according to new research.

Landlords' views sought on updating house sale process

Landlords' views sought on updating house sale process

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News
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Landlords are being asked to share their experiences of conveyancing to help strengthen the case for digital property packs.

Ministers debate even tougher rules for holiday let owners

Ministers debate even tougher rules for holiday let owners

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News
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The government is considering a further crackdown on short-term lets in a bid to free up more homes for local people.

Cut corners on inventories at your peril, landlords warned

Cut corners on inventories at your peril, landlords warned

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News
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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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News
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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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News
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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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News
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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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News
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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.

Council slammed after 'quietly' rolling out more landlord licensing

Council slammed after 'quietly' rolling out more landlord licensing

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News
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Waltham Forest has been slammed for failing to adequately publicise details of its new additional licensing scheme.

Minister backs PRS support amid landlord backlash on rent controls

Minister backs PRS support amid landlord backlash on rent controls

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Landlord groups are hoping Scotland’s First Minister has softened his hard-line stance on impending rent controls amid promises to boost the PRS.

Wales to reform contentious HMO council tax banding system

Wales to reform contentious HMO council tax banding system

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The Welsh government looks set to follow England’s lead by launching a consultation into how HMOs are valued and banded for council tax purposes.

Landlords leaving rental market amid tax and cost pressures

Landlords leaving rental market amid tax and cost pressures

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Rightmove reports 18% of homes for sale were previously rentals, up from 8% in 2010, as landlords exit amid rising taxes and costs.

There’s never been a better time to convert commercial buildings to residential

There’s never been a better time to convert commercial buildings to residential

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News
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Architect Matthew Robinson argues that there’s never been a better time to convert commercial buildings to residential use...