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Landlords to pay back rent if they ignore tenant complaints

Landlords to pay back rent if they ignore tenant complaints

News

Landlords may soon have to repay up to two years rents to tenants if they fail to comply with decisions with the sector’s looming new ombudsman.

'Private rented sector better than council housing, let's not forget'

'Private rented sector better than council housing, let's not forget'

News

The government must focus on sustaining a vibrant PRS and not “hark back to the wonders of the 1970s with social housing and council housing…as being a really great thing,” warns NRLA boss Ben Beadle.

Labour's 'anti-landlord' stance will hurt benefits tenants, warns Mick Roberts

Labour's 'anti-landlord' stance will hurt benefits tenants, warns Mick Roberts

News

Benefits landlord Mick Roberts is losing patience with MPs whose continued ‘anti-landlord’ policies have only made more people homeless and increased rents.

Big law firm reports landlords 'rushing to liquidate assets'

Big law firm reports landlords 'rushing to liquidate assets'

News

Landlords and businesses are rushing to transfer and liquidate assets ahead of a potential Capital Gains Tax hike in next week’s budget.

'This is why I've sold nearly half my portfolio', landlord tells BBC show

'This is why I've sold nearly half my portfolio', landlord tells BBC show

News

A landlord who used to have a property portfolio of 100 homes has told the BBC that multiple pressures on the sector including looming regulations, higher interest rates and costs have persuaded him to cut his portfolio down to 65 units.

Student landlord group warns Labour over banning fixed-term tenancies

Student landlord group warns Labour over banning fixed-term tenancies

News

A group of student accommodation landlords have warned the Government that its plans to dispense with fixed-term tenancies and move to open ended ones will lead to fewer providers and homes within this market.

North East delivers 'strongest yields' for landlords in UK

North East delivers 'strongest yields' for landlords in UK

News

Landlords in the North East are pocketing the highest rental yields in the UK, according to Paragon Bank’s latest lending data.

23% more landlords rush to adopt limited company operations

23% more landlords rush to adopt limited company operations

News

Hamptons reports that 46,449 companies have been set up to hold buy-to-let property in Great Britain between January and September, a 23% increase on the same period last year.

What expenses can I claim for my rental property?

What expenses can I claim for my rental property?

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To maximise your profits as a landlord, it's crucial to minimise your tax liability by claiming all allowable expenses.

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Comparable Evidence

Comparable Evidence

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Amongst the ways to agree or ascertain the (open) market rent at rent review or on renewal of a lease, (per s.34-s35 Landlord and Tenant Act 1954), is the use of comparable evidence.At rent review, the market rent for the premises is not what rent the actual tenant would agree or could afford, bu

What is a Section 20 Notice ?

What is a Section 20 Notice ?

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There are two instances of section 20 notices in property in England:(1) is the notice served in relation to early shorthold tenancies under the Housing Act 1988, and the other,(2) refers to section 20 of the Landlord and Tenant Act 1985, as amended by the Commonhold and Leasehold Reform Act (CLR

Who Pays for Maintenance and Repairs

Who Pays for Maintenance and Repairs

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Who pays for maintenance and repairs in a residential letting, landlord or tenant?Is it, for example, a tenants responsibility once they occupy my building to look after most of the regular house maintenance items? If the fridge stops working does the tenant or the landlord need to repair it?Y

Inflation (RPI) and Rent

Inflation (RPI) and Rent

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With commercial property, rent reviews are generally to the open market rent, but sometimes the rent would be adjusted to the Retail Price Index (RPI). RPI is generally considered more favourable to landlords than CPI or other methodologies.There is no link between open market rent and inflatio

Commercial Property Insurance - part 1

Commercial Property Insurance - part 1

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Amongst the thorny issues in the relationship between landlord and tenant is the building insurance premium. Unlike residential property where the landlord has a vested interest in making sure the premium is competitive, because more than likely the premium would not be recoverable from the tenan

Can Landlords Discriminate when Selecting Tenants?

Can Landlords Discriminate when Selecting Tenants?

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News
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Theres recently been a spate of press reports and political wrangling about the existence of Zero-Hour Contracts. This has become something of a hot political issue as we approach a general election, and one surprising development is recent attempts to embroil landlords in the issue, as if the

User Clauses - in Commercial (Business) Leases

User Clauses - in Commercial (Business) Leases

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Traditionally, with commercial (business) leases, a contractual provision within the lease specifies the use, or uses to which a property may be put and the uses which are prohibited.The formal classification of Uses� are set out in the Town and Country Planning (Use Classes) Order 1987 as a

Rent Increases with Assured Shorthold Tenancies

Rent Increases with Assured Shorthold Tenancies

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As most Assured Shorthold Tenancies (AST) are by definition, short, there is usually no need for landlords to get involved in processing a rent increase.However, some ASTs run for long periods after the fixed term has ended, i.e., when the tenancy becomes a statutory periodic tenancy, hence there

Guarantor or Rent Deposit

Guarantor or Rent Deposit

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The ideal for any landlord is for the tenant to have a guarantor and provide a rent deposit. But which is better when the landlord has to choose?The starting point is the status of the tenant. With a tenant that is one person (an individual) the likelihood of that person being of independent fina

Oz landlord to repay UK tenants £16,224 despite 'grey area' claim

Oz landlord to repay UK tenants £16,224 despite 'grey area' claim

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News
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A landlord not resident in the UK must now pay a big rent repayment order after failing to license her property on time.

How to sustainably build a solid rental portfolio

How to sustainably build a solid rental portfolio

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Thinking of growing a buy-to-let portfolio? Start smart, reinvest profits, diversify, stay compliant, and think long-term for lasting success and inco

Liverpool councillor: landlords have been “absolutely battered” in recent years

Liverpool councillor: landlords have been “absolutely battered” in recent years

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While tenant numbers are steadily growing, the number of private rented properties has been shrinking

New specialised BTL mortgage broker revealed for landlords

New specialised BTL mortgage broker revealed for landlords

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News
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Specialist lender OSB Group has launched Rely, a dedicated buy-to-let lending brand to support landlords.

Students cause less damage than other tenants, shock figures reveal

Students cause less damage than other tenants, shock figures reveal

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Average end-of-tenancy charges for students including arrears, cleaning, and damages were significantly lower last year than rest of PRS.

“I’m richer now selling my houses than I was renting them” – Landlords rush to get out

“I’m richer now selling my houses than I was renting them” – Landlords rush to get out

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Smart landlords are selling now, making more upfront than years of rent - 85–90% of market value, fast and hassle-free.

Big suburban London council reveals HMO licensing expansion

Big suburban London council reveals HMO licensing expansion

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News
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Sutton wants to widen its licensing activities to include smaller HMOs, which number nearlyh 1,000 within the borough.

Landlords have 'good reason to be concerned with renting reforms'

Landlords have 'good reason to be concerned with renting reforms'

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News
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Three key rental sector organisations have joined to warn the Government that its rental reforms are causing significant concerns.

BLOG: Landlords face higher bills as EPC assessments get tougher

BLOG: Landlords face higher bills as EPC assessments get tougher

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News
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Changes to EPC assessments mean higher energy assessment costs for landlord, that's on top of what it will cost many landlords to upgrade properties

Big seaside city reveals radical plans to restrict holiday lets

Big seaside city reveals radical plans to restrict holiday lets

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Council has hatched plans to start charging Airbnb users for parking and is also considering a ban on full-time Airbnbs in new builds and designating

Landlords brace for reform at sold-out NRLA gathering in London

Landlords brace for reform at sold-out NRLA gathering in London

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News
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Paul Shamplina headlined NRLA On Tour London, delivering key insights on legal changes for landlords at a sold-out, sector-shaping event.

Leading tax expert slams looming Making Tax Digital changes for landlords

Leading tax expert slams looming Making Tax Digital changes for landlords

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A high-profile tax expert has labelled HMRC’s Making Tax Digital (MTD) regime – set to hit landlords next year - as ‘pointless and costly’.

£6 million licensing scheme reveals property inspections blitz

£6 million licensing scheme reveals property inspections blitz

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Peterborough Council boasts that its aggressive approach to selective licensing has driven significant improvements in the town’s private rental secto

Major BTL lender relaxes rental 'stress test' rules to help landlords

Major BTL lender relaxes rental 'stress test' rules to help landlords

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News
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The Mortgage Works has reduced its 'stress test' rate which is used to assess whether a landlord can afford loan payments.

London rental market now 'full of opportunity for landlords'

London rental market now 'full of opportunity for landlords'

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News
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London’s rental sector is full of opportunity for both landlords and tenants, says Foxtons, which reports an explosion in tenancy applications.

Former letting agent turned 'fake landlord' jailed for £200k fraud

Former letting agent turned 'fake landlord' jailed for £200k fraud

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News
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A former estate agent who posed as a landlord to con would-be tenants out of more than £200,000 has been jailed.

Big London borough to launch double landlord licensing push

Big London borough to launch double landlord licensing push

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News
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Hackney plans to launch selective licensing in 17 of its 21 wards as well as a borough-wide additional licensing scheme.

EPCs: Landlords seeking five-year BTL loans 'could be turned down'

EPCs: Landlords seeking five-year BTL loans 'could be turned down'

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News
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Landlords currently seeking a five-year fixed rate BTL mortgage on a property with an EPC rating below band C could be turned down before net

Council admits selective licensing will 'push up rents'

Council admits selective licensing will 'push up rents'

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Great Yarmouth council has revealed more details of its proposed selective licensing scheme for landlords.

'Give landlords back tax relief to ease housing crisis', urges Shamplina

'Give landlords back tax relief to ease housing crisis', urges Shamplina

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Landlord Action founder also says landlords have been unfairly cast as villains in recent years.

Landlords urge new Minister to delay tax hike

Landlords urge new Minister to delay tax hike

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Scottish landlords have urged their government to pause Additional Dwelling Supplement (ADS) for landlords to help ease the 'housing crisis'.

Majority of landlords in city against council's HMO licensing plans

Majority of landlords in city against council's HMO licensing plans

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Just 44% of landlords agree with Southampton Council’s plans to introduce additional licensing.

Bolton brings in harsher planning rules after HMO increase 'concerns'

Bolton brings in harsher planning rules after HMO increase 'concerns'

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Bolton Council has agreed tough new rules to control HMO conversions – two years after first coming up with the idea.

LEGAL update: Consumer protection laws – what landlords need to know

LEGAL update: Consumer protection laws – what landlords need to know

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This Digital Markets, Competition and Consumers Act has important implications for private landlords when letting their properties

Will Renters' Right Bill make councils prosecute ALL bad landlords?

Will Renters' Right Bill make councils prosecute ALL bad landlords?

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Lawyer David Smith looks at several clauses within the Act which appear to mandate local authorities to bring all errant landlords to book.