Letting out property abroad can be a great way of generating extra income. The property might have been bought primarily as an investment but for others or it could be second or holiday home let out when not in use. There are plenty of things to think about, though.
Leicester is going ahead with its selective licensing extension in three areas of the city, charging landlords �1,090 per property - the highest fee in the Midlands. The council is introducing the scheme in parts of Westcotes, Fosse, Braunstone Park and Rowley Fields wards, whi
Durham Council has warned landlords covered by its new selective licensing scheme to brace themselves for inspections next month. At least 29,000 properties, 42% of the countys PRS, are covered by the scheme which launched in April after winning government approval. <p id
Nearly one-fifth of private rented homes would need work costing more than �10,000 to bring them up to an EPC Band C, according to the latest PRS figures. The English Housing Survey Private Rented Sector report for 2020-21 found that these were more likely to need larger sums o
The latest figures available from Rightmove show that London rents jumped by around 14 per cent in the last year, with some property experts calling it the most competitive market on record Matt Hutchinson, a director at SpareRoom, the flat sharing website, has said: <p
The pandemic has had a devastating impact on commercial property, with lockdowns, social distancing, working from home (WFH), all accelerating the move to online and home deliveries. The likes of Tesco, Ocado and the other big supermarket deliveries were the saviour of the public during the
Welsh politicians have reaffirmed their desire to consider rent controls in the PRS while announcing plans to crack down on the holiday let sector. Plaid Cymru leader Adam Price (main pic, right) suggested rent controls could be on the table when the long-awaited but now <a href
Michael Gove, arguable the best housing secretary for some years, has been sacked from his job after joining a chorus of Tory cabinet ministers calling on the PM to resign. During a fast-moving day in politics which has seen over 40 MPs quit the government or withdraw their supp
Welsh government leaders have revealed radical plans to licence holiday lets in a bid to get tough on the causes of long-term rental shortages. The region is to introduce a cap on the number of second and holiday homes while bringing in measures to put more homes into common own
Landlords have accused Labour of being ‘anti investment’ in the as a new survey reveals over half are worried about the costs of EPC upgrades, the Renters’ Rights Bill and mooted increases in Capital Gains Tax.
The Scottish government has rejected proposals to increase rents by no more than the cost-of-living or increase in wages, at the latest stage of the Housing (Scotland) Bill.
A new initiative aims to clean up property sourcing’s reputation and help compliant agents get deals signed off by finance firms.
The government has been warned that its failure to acknowledge the true state of the courts risks eroding landlord confidence.
A fall in the number of bungalows to rent is impacting the growing number of older and disabled tenants.
A landlord pair have failed to convince a tribunal judge that their tenants’ relationship excused them from getting an HMO licence.
A Scottish parliamentary committee has called for an action plan to tackle the country’s “predictable and preventable” housing emergency, with the property industry also saying rent controls ‘are not the answer’.
The government has revealed that it is looking into measures that will add landlords’ eviction activity to the looming PRS database.
Landlords could face a £765 bill for delaying their selective licence application when Thurrock Council launches its proposed scheme.
Legal expert Tessa Sanderson is offering landlords a free webinar covering the risks posed by the Renters' Rights Bill.
Landlords in the North West of England are invited to free roadshow this week during which Paul Shamplina, star of the hit Channel 5 TV show Nightmare Tenants, Slum Landlords, will be speaking.
Unprepared landlords face “Armageddon” once the Renters’ Rights Bill becomes law, one property expert has warned.
Landlords in Northern Ireland could soon face more stringent rental reforms than those in England, if a Private Members’ Bill gains traction.
Investment in buy-to-let has been grinding to a halt since extra stamp duty charge, new researsch has revealed.
A mortgage and property financing platform has revealed a service that is claimed to be the first in the UK to use Artificial Intelligence (AI) to helps investors and landlords choose properties to buy and rent out.
Two landlord brothers have been fined £20,000 and put on the rogue landlord database after failing to license their overcrowded HMO.
Letting agents have been warned to heed legal changes that will impact their dealings with tenants and landlords.
Landlords struggling to get their properties back have been urged to consider enforcing their judgments through the High Court.
UK Finance has warned that mortgaged landlords’ properties won’t reach EPC C until between 2037 and 2043 – way off the expected 2030 target.
The Bank of England has cut interest rates to 4.25% from 4.5% in a boost to landlord borrowing.
Sefton Council has been rapped on the knuckles for wrongly advising a tenant he could stay put, despite knowing it could not prevent an eviction.
Landlords owe a duty of care to their tenants, in particular to protect them from injuries caused by any defects in the rental property
Letting agents have warned that introducing rent controls for purpose-built student accommodation in Scotland will have a “chilling” effect on investment.
A new coalition in the capital aims to accelerate the removal of unsafe cladding on residential buildings over 11 metres.
The government has rejected calls to introduce an additional pet damage deposit as part of the Renters’ Rights Bill.
Starmer’s migrant housing scheme and incoming legislation are pushing landlords to rethink their strategy. With market prices still high, smart landlords are selling underperforming properties now to reinvest later when prices drop. Landlord Sales Agency offers a fast, profitable way to sell and sta
Exempting build-to-rent developers from future rent controls in Scotland could result in a two-tier market and an unworkable system.
The government has been urged to clamp down on central London’s short let sector after new research found at least half were being rented out unlawfully.
A proposed 2030 deadline won’t give landlords time to get their properties to EPC C and could cause them to quit, according to Paragon Bank.
A landlord who failed to license his unsafe and overcrowded HMO has failed in his bid to have a £11,000 fine dismissed.
Energy costs are a major concern for landlords and tenants. Save on energy consumption and make your tenants’ homes more comfortable
A leading London council has revealed plans to clamp down on HMOs and the ‘fly tipping’ and rubbish their residents create, and has pointed the finger at both landlords and letting agents for not doing enough to stop the problem.
Housing minister Matthew Pennycook has hinted that extra powers to stop holiday lets and second homes may be needed - including planning permission.
Westminster City Council has launched a tenants’ charter aimed at helping private renters better understand their rights, improve living standards, and access support services.
