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Landlord pays a high price after forgetting to chase up licence

Landlord pays a high price after forgetting to chase up licence

News

A landlord who forgot to chase up a licencing application for her rented property in London has paid a heavy price for her mistake after being ordered to return rent totalling £11,245 to her tenants.

Property licencing schemes should last for ten years, MPs are told

Property licencing schemes should last for ten years, MPs are told

News

Comment has been made the Chartered Institue of Health Officers, which says such schemes should be the key tool for improving PRS home quality.

No change to CGT - but four landlords say 'we’re out!'

No change to CGT - but four landlords say 'we’re out!'

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Despite the overall good news, many landlords have remained in brace position and have reached out to exit the market and sell their buy-to-lets.

Stamp duty increase 'will reduce investment in private rented sector'

Stamp duty increase 'will reduce investment in private rented sector'

News

Property auctioneers gave revealed its concerns about the Chancellor’s decision to raise Stamp Duty for those who purchase buy-to-let properties.

Prince William to 'upgrade estate' featuring mouldy rental homes

Prince William to 'upgrade estate' featuring mouldy rental homes

News

Prince William has promised to upgrade the private rental properties he rents out via the Duchy of Cornwall after reports over the weekend.

Tenant activists call for 'harsher' renting reform bill

Tenant activists call for 'harsher' renting reform bill

News

A lobbying group for renters’ rights is hoping to persuade MPs to make the Government’s renting reform legislation regulated landlords even harder.

COMMENT: Autumn Budget 2024

COMMENT: Autumn Budget 2024

News

Investors, business owners, landlords and pension savers were braced for a painful attack on their assets, gains and savings

Scotland to limit rent rises to official inflation rate

Scotland to limit rent rises to official inflation rate

News

The Scottish Government has announced a new inflation-linked rent cap in its Housing Bill in a bid to balance supporting tenants with protecting landlords’ property rights.

Leading research institute slams Chancellor over stamp duty hike

Leading research institute slams Chancellor over stamp duty hike

News

The Institute for Fiscal Studies (IFS) has slammed the Stamp Duty rise for landlords, warning that tenants will suffer as a result of the Budget announcement.

Bringing back empty rental homes should be 'biggest priority' says landlord

Bringing back empty rental homes should be 'biggest priority' says landlord

News

Landlords should be encouraged to renovate and repurpose their empty properties to help resolve the housing crisis, according to one landlord.

Landlord to return deposit after odd attempt to charge for letters

Landlord to return deposit after odd attempt to charge for letters

News

A landlord has failed in a bizarre attempt to withhold her tenant’s deposit by billing hundreds of pounds for writing letters and taking photographs.

New Local Housing Allowance freeze is 'nonsensical' say landlords

New Local Housing Allowance freeze is 'nonsensical' say landlords

News

The government’s decision to freeze housing benefit rates next year, leaving private tenants facing financial hardship, has been labelled “nonsensical”.

Autumn Budget – A Halloween Horror Story

Autumn Budget – A Halloween Horror Story

News

After a huge amount of speculation in the press we can finally report what the new Labour Government has decided to do (and not to do) on the tax front

Stamp duty hike will add £7,000 to each purchase for landlords

Stamp duty hike will add £7,000 to each purchase for landlords

News

Landlords will face an additional average charge of more than £7,000 from tomorrow when buying a property thanks to an uplift in Stamp Duty charges.

'If the Budget delivers stability, the property sector will benefit'

'If the Budget delivers stability, the property sector will benefit'

Opinion

Nick Lyons, chief executive of inventory experts No Letting Go give his view on the measures announced yesterday in parliament by Rachel Reeves.

ANALYSIS: What does stamp duty hike mean for landlords?

ANALYSIS: What does stamp duty hike mean for landlords?

News

The Labour Government has ramped up its increasingly anti-landlord policies by increasing the stamp duty they pay when buying rental properties from 3% to 5%.

Stamp duty hike hits landlords with 5% second home rate

Stamp duty hike hits landlords with 5% second home rate

News

Chancellor Rachel Reeves increases stamp duty surcharge to 5% for second homes and buy-to-let properties, effective from 31 October 2024.

Rogue landlord to pay £7,000 after council raids properties

Rogue landlord to pay £7,000 after council raids properties

News

A rogue landlord has been handed a £7,000 legal bill for renting out three dangerous flats containing a raft of faults.

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Council moves to ban 'To Let' boards in central London

Council moves to ban 'To Let' boards in central London

News
News
Podcast
Opinion
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Information

Letting agents have warned Westminster Council that its plan to ban advertising boards outside landlords' properties borough-wide could cause delays for renters.

Tenants in England now pay half their income in rent

Tenants in England now pay half their income in rent

News
News
Podcast
Opinion
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Information

Rightmove says the average rent in the UK now eats up 50% of the net income of those living within the private rented sector where the monthly rent per property is now £1,526.

Housing quality in rented sector rising - but so's damp

Housing quality in rented sector rising - but so's damp

News
News
Podcast
Opinion
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Information

Numbers of non-decent homes and Category 1 hazards in the PRS have fallen in recent years, although problems with damp are on the rise.

Rent controls in Scotland 'favour landlords' says Generation Rent

Rent controls in Scotland 'favour landlords' says Generation Rent

News
News
Podcast
Opinion
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Information

The Scottish government’s proposed rent control formula is generous to landlords but would leave tenants vulnerable to unaffordable rent rises, says Generation Rent.

Big council urges public to report rogue HMO landlords

Big council urges public to report rogue HMO landlords

News
News
Podcast
Opinion
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Information

Croydon Council is calling on local residents to report concerns about unauthorised HMOs as it ramps up action against errant landlords.

Landlords 'bewildered and frustrated' by Scotland's latest rent controls

Landlords 'bewildered and frustrated' by Scotland's latest rent controls

News
News
Podcast
Opinion
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Information

There is still widespread frustration and bewilderment among landlords and agent that rent controls are the only policy intervention to help tackle affordability in Scotland

CLAIM: Investors 'moving out of residential into commercial'

CLAIM: Investors 'moving out of residential into commercial'

News
News
Podcast
Opinion
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Information

Investors have started buying up shops and offices in London rather than houses in order to turn a profit.

Midlands landlord to pay £20,000 after ignoring improvement notice

Midlands landlord to pay £20,000 after ignoring improvement notice

News
News
Podcast
Opinion
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Information

A landlord in Telford is to pay a huge fine after his local council took him to court over a substandard property he rented out within the town.

Landlords caught up in latest cladding remediation problems

Landlords caught up in latest cladding remediation problems

News
News
Podcast
Opinion
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Information

A Lib Dem MP has highlighted what he describes as an unfolding EWS1 form scandal after a fire safety consultant was sanctioned for unprofessional conduct.

Big building society follows other BTL lenders and cuts rates

Big building society follows other BTL lenders and cuts rates

News
News
Podcast
Opinion
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Information

Leeds Building Society cuts BTL mortgage rates after BoE’s base rate falls from 5.25% to 5%, offering landlords more competitive deals.

Tory policies blamed for rise in costly student housing

Tory policies blamed for rise in costly student housing

News
News
Podcast
Opinion
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Information

Exiting student landlords have paved the way for PBSA developers charging higher rents, according to The FT.

Panic selling as landlords fear capital gains tax raid

Panic selling as landlords fear capital gains tax raid

News
News
Podcast
Opinion
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Chancellor of the Exchequer Rachel Reeves refusing to rule out a swinging increase in capital gains tax (CGT) for landlords

Report shows 11% of tenants paying 60% of their income as rent

Report shows 11% of tenants paying 60% of their income as rent

News
News
Podcast
Opinion
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Information

A new report based on data from 46,000 renters reveals shocking data on how much they are spending on their rent.

Big boiler manufacturer promises not to repeat 'greenwashing' claims

Big boiler manufacturer promises not to repeat 'greenwashing' claims

News
News
Podcast
Opinion
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Information

One of the UK’s biggest gas boiler manufacturers used by millions of landlords has promised not to ‘greenwash’ its part-hydrogen fuelled boilers.

How many laws must landlords adhere to, asks legal expert

How many laws must landlords adhere to, asks legal expert

News
News
Podcast
Opinion
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Information

Law-savvy landlords are being asked to help compile a definitive list of legislation impacting the PRS.

No.10 cat 'backs' mandatory pet damage insurance campaign

No.10 cat 'backs' mandatory pet damage insurance campaign

News
News
Podcast
Opinion
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Information

Larry the Number 10 cat has backed a charity’s campaign to change the law allowing tenants to keep pets.

Hardship test “bombshell” for landlords

Hardship test “bombshell” for landlords

News
News
Podcast
Opinion
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Information

Labour’s housing minister Matthew Pennycook is said to be planning a “hardship test”

New minister says transfer from housing benefit to Universal Credit 'smooth' but expert disagrees

New minister says transfer from housing benefit to Universal Credit 'smooth' but expert disagrees

News
News
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Opinion
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Information

Claims by the new Department of Work and Pensions (DWP) minister of state Stephen Timms that the transfer of remaining housing benefit claimants to Universal Credit is being done ‘as smoothly as possible’ have been questioned by a leading expert.

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

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

News
News
Podcast
Opinion
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Information

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

News
News
Podcast
Opinion
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Information

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

News
News
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Opinion
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Information

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

News
News
Podcast
Opinion
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Information

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

News
News
Podcast
Opinion
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Information

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

News
News
Podcast
Opinion
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Information

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'

News
News
Podcast
Opinion
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Information

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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News
Podcast
Opinion
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Information

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

News
News
Podcast
Opinion
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Information

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

News
News
Podcast
Opinion
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Information

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

News
News
Podcast
Opinion
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Information

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

News
News
Podcast
Opinion
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Information

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

Information
News
Podcast
Opinion
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Information

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%

News
News
Podcast
Opinion
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Information

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

News
News
Podcast
Opinion
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Information

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

News
News
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Opinion
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Information

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