In an apparent re-run of Harold Wilsons 1970s investment income tax surcharge, Labour plan to re-introduce such an additional layer of tax to what is termed unearned income�. The Wilson Labour government applied an investment income surcharge of 15% and kept the top rate
According to a recent report by estate agents Hamptons, over the last four years the number of landlords operating their buy to let business through a limited company has doubled. There were 47,400 new buy-to-let companies incorporated in 2021 right across the UK, the figures be
Landlords and letting agents will soon be able to carry out quicker https://www.landlordzone.co.uk/news/updated-advice-for-landlords-on-right-to-rent-checks-due-in-new-year/" right to rent checks on British and Irish citizens. From 6th April, Identification Do
An energy expert has sought to reassure landlords that they may not need to spend huge sums retrofitting their properties to raise EPC ratings at least not in the short term. <figure id="" class="w-richtext-figure-type- " data-rt-type="" data-rt-align=""><div><img src="https://upload
Just as residential landlords are contemplating the costs of bringing older properties up to the proposed new standard - very likely EPC band C� required by December 2025 - so too are commercial landlords.<br> See: https://www.landlordzone.co.uk/news/compulsory-epc
Compulsory EPC band C by 2025 causing confusion There have been recent confusing reports put out that from 2025, all newly rented properties in England & Wales will be required to have an EPC rating of band C or above. This is somewhat misleading and jum
LandlordZONE sits down with one of Londons most prolific but little-known landlords who has spent 30 years amassing a huge portfolio in the East End and West End areas of the capital. For reasons of privacy, and a desire to remain behind the scenes, he doesnt want to
So, we ended 2021 after twenty-one months since the first Covid lockdown with the new variant, Omicron, spreading fast, and with Wales, Scotland and Northern Ireland putting in stricter measures and speculation that England may follow with an announcement early in the New Year.
An example of the difficulty of prediction is the conclusion to a detailed study recently published on the private rented sector by the London School of Economics (a study commissioned by the NRLA) Individually and cumulatively, the recent tax changes
A lettings agency boss and landlord has been slapped with a �40,700 Rent Repayment Officer despite claiming that his failure to licence an HMO was an honest mistake. A First Tier Property Tribunal handed five former tenants the maximum award for the period from September 2019 t
Scotland’s Housing Bill proposes rent controls, winter eviction bans, pet rights & tougher eviction penalties in private sector overhaul.
Bristol has approved plans to extend landlord licensing in Brislington West, Bedminster and Horfield wards in a bid to raise PRS standards. The scheme includes additional licensing - HMOs with three or more unrelated people sharing facilities and selective licensing - privat
Durham County Council's selective licensing scheme covers 29,000 homes, requiring landlords to apply by 31 July for a £350–£500 licence fee.
This is a Local Government and Social Care Ombudsman case involving an unnamed landlord (LandlordX or MrX) and Brentwood Borough Council. The case revolves around a common situation where the landlord required possession of the property after serving a valid section 21 notice un
I've been in the property investment business for almost 30 years and during this period opportunities have come and gone but I've yet to discover an asset class that perf
Ever since I started to market one of my commercial buildings around 10 years ago now, I began to doubt the efficacy of the EPC rating system. The guy that came along to do the inspection told me himself he had just completed a 6 week course, or whatever it was, to train to be a
Social and private landlords are to face tougher new rules which make it mandatory to fit smoke alarms in all rented accommodation regardless of tenure, and widen the conditions under which they must be fitted. Revisions to the smoke and carbon monoxide detector regulations also
If you had �50k to invest right now, where would you put it, buy-to-let property or stocks and shares? Certainly leaving it in a traditional savings account, with interest rates as they are at rock bottom, thats out of the question. And with the threat of rising inflation ea
The UKs competition watchdog is to launch an investigation into consumer rights for those rent their homes and the activities of landlords and letting agents. This announcement, which has been made by the Competition and Markets Authority (CMA), reveals that it intends to she
A cross-party group of MPs and peers has suggested that landlords who dont upgrade their properties should be liable for mortgage penalties. The All-Party Group on a Green New Deal believes there should be a 1% mortgage interest rate premium levied on all buy-to-let propertie
The government has announced support for thousands more households including tenants living in HMOs - to help pay their energy bills. Households without a direct relationship to an electricity supplier are covered by thehttps://www.gov.uk/get-help-energy-bills/getti
As part of the Department for Levelling Up, Housing and Communities (DLUHC) levelling up� fund the money is to be used by the council to work proactively and engage with landlords�, in particular with those landlords who rent out houses in multiple occupation (HMOs) and own con
Property expert Kate Faulkner (main pic) says new rules to introduce professional qualifications for social housing managers are a slap in the face for the PRS� after years of lobbying for similar standards. The government has a
Scottish rent cap removal and Gwynedd's Article 4 Direction spark landlord concerns over housing supply and market stability.
A paltry nine cases were mediated in the governments pilot Rental Mediation Service - nowhere near the 3,000 cases it expected, it has been revealed. The Department of Levelling Up, Housing and Communities and the Minister of Justice had hoped that the pilot, which offered te
Landlords and letting agents need more information and financial help if the Boiler Upgrade Scheme is to succeed, according to Propertymark. In its evidence to the Lords Built Environment Committee inquiry into the scheme, the group says 48% of Propertymar
New leaseholder protections in the Building Safety Act 2022 came into force on 28 June 2022, with new financial protections for leaseholders in buildings above 11 metres or five storeys, those with historical safety defects. The new Building Safety Act 2022 was introduced follow
Keen thirty-something investors have helped to lower the average age of private landlords by four years over the last decade.
The number of former rental properties currently for sale has risen dramatically as more landlords exit the market or downsize.
Official figures show inflation has held steady at 2% over the past 12 months but the detailed briefing from the Office of National Statistics also reveals that property costs remain at historically high levels.
Tom Entwistle looks at the likely changes ahead of this week’s King’s speech - this should reveal a bit more detail and the general direction of travel by Labour
Brighton & Hove Council is to ask the government if it can start licensing short-term lets in a bid to combat their impact on local communities.
A charity is looking to reboot its campaign urging the public and MPs to support reforms around keeping pets in rental properties.
Exceptional growth in the build-to-rent (BTR) sector has pushed completions to a record high during the past 12 months.
Local councils across the UK have been offering private landlords sweet deals for some time now to help solve the housing crisis, but one borough council is offering one that goes the extra mile.
Landlords in Greater Manchester are being asked to help mould the city region’s new Good Landlord Charter, designed to improve renting.
Lloyds Banking Group is making another foray into the housing sector by turning its former office buildings into affordable homes.
There are a number of ways you can support renters who have fallen behind on their rent. NRLA trainer and debt expert Julie Ford explains more.
Polling by build-to-rent (BTR) landlord UNCLE shows that 32% of those it polled who were between 18 and 24 years old said they ‘chose to rent’ rather than being compelled to by the housing market, while the figure was 31% for those between 25 and 34 years old.
With the victory for Labour now over a week behind us, what should landlords expect from the change in government?
Councillors in Brighton have backed a petition by campaign group Living Rent to introduce rent controls during a debate yesterday at its monthly full council meeting.
Landlords in Wales have found themselves unable to make deductions to deposits when using occupation contract templates, it has been claimed.
Northumberland council is the latest to approve more selective licencing with two wards in the seaside town of Blythe.
Five new housing ministers have been tasked with helping the government deliver homes and reform the PRS – and one of them is a landlord.
Frustrated surveyors have urged the government to introduce fair legislation that increases supply as landlords continue to quit the sector.
Propertymark has warned that abolishing Section 21 without an adequate replacement mechanism will add 'another nail in the coffin' of the PRS.
Salford Council is to launch a consultation into reviving one of its selective licencing schemes - offering landlords slightly cheaper licences than eight years ago.
Most buy-to-let landlords plan to raise rents in the next 12 months after being hammered by higher interest rates and operating costs.
Fewer tenants are going into rent arrears, according to the latest figures from Handelsbanken.
Paul Shamplina warns that introducing rent caps could drive landlords out of the market, potentially worsening housing supply issues.
Private landlords are about to get a new deadline for making energy efficiency improvements to their properties.
Tom Entwistle considers the current state of the UK housing market and how it could be affected by Labour’s policies
