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Birmingham introduces city-wide HMO restrictions

Birmingham introduces city-wide HMO restrictions

News

Article 4 direction : Birmingham CityCouncil is introducing a city-wide direction for houses in multipleoccupation (HMOs) from 8 June 2020. An Article 4planning direction means that planning approval will be required forthe conversion of a famil

Capital gains 'Letting Relief'� rule change from April...

Capital gains 'Letting Relief'� rule change from April...

News

Capital Gains Tax: Owners of second homes and buy-to-lets that they have previously lived in should be aware that as from April 2020 the tax relief period allowed against capital against tax (CGT) will be reduced. As it is a present,when you se

Terminating a Letting Agent's Contract

Terminating a Letting Agent's Contract

Information

Letting Agent Contracts: One common question asked by landlords is, "how do I terminate my relationship with my letting agent?"For one reason or another, landlords sometimes wish to end their relationship with their letting agent and want to know how to go about it.Requests

Labour plans would challenge buy-to-let investors and second-home owners...

Labour plans would challenge buy-to-let investors and second-home owners...

News

General Election: Part of Laboursbid to be elected on 12th December is a raft of taxraising measures aimed at buy-to-let landlords and second homeowners. Jeremy CorbynsLabour party manifesto launch last week outlined a n

Controlling moisture and condensation in homes

Controlling moisture and condensation in homes

Information

Condensation andmould : This time of year,as the temperature drops, both new homes and old homes aresusceptible to the formation of condensation and unsightly mould: newhomes because they are effectively a sealed box, and old homesbecause they often lack ef

Winter Proof Your Rental Properties

Winter Proof Your Rental Properties

Information

The colder weather is here again, its that time of year coming; you feel that cold chill in the air, the snow and ice will soon arrive, and you know its time to get out that winter coat, scarf and gloves.You also know that cold wet weather on the way will test your rental properties and tenant

Portfolio landlords now average 13 properties

Portfolio landlords now average 13 properties

News

Portfolio Landlords: Buy to let lender Paragons recent research shows that professionaland larger-scale landlords are still investing and are increasing the size oftheir portfolios through more targeted investments. With an average portfolio

Tenants can sue landlords for cold or damp homes under new laws

Tenants can sue landlords for cold or damp homes under new laws

News

New rules that came into force in March allow https://www.independent.co.uk/news/business/news/landlords-sue-cold-damp-homes-law-tenants-renting-housing-a8776671.html" tenants to sue landlords for issues like cold and damp. A broken heating system or poor ventilation that

Don't fall foul of the authorised guarantee agreement...

Don't fall foul of the authorised guarantee agreement...

Information

Commercial Property : A recent High Court decision in Co-Operative Group Food Ltdv. A&amp;A Shah Properties Ltd (2019) relates to an authorised guaranteeagreement (AGA) dispute, in this case an agreement involving a guarantor of theoutgoing tenant. <p id

Section 21 to be banned in the UK

Section 21 to be banned in the UK

Opinion

The Government has announced its intention to scrap Section 21 notices for eviction in an effort to offer tenants more long-term security.

New service charges rules in commercial property

New service charges rules in commercial property

News

Commercial: A new set of mandatory rules introduced from 1stApril 2019 and though the document itself is titled a first edition, itsupersedes 3 previous editions published as codes of practice. The RICS (Royal Institution of Ch

Security & Locks - Buy to Let Renovation & HMO Projects

Security & Locks - Buy to Let Renovation & HMO Projects

Information

Security: Renovating a buy-to-let property can be a great way for landlords to increase the rental income

My tenant left without telling me...

My tenant left without telling me...

Information

Abandonment: When times get hard the instances of tenants leaving without notice are known to increase. Doing a runner�, skipping� moonlight flitting� walking away� or gone away� and in the words of the immortal song;

What happens if someone other than the tenant pays the deposit?

What happens if someone other than the tenant pays the deposit?

Information

Tenancy Deposits: According to TDS (Tenancy Deposit Scheme) less than 1% (0.85%) of tenancies they handle have resulted in a deposit dispute in the year to March 2018, nevertheless its important to get it right when dealing with tenants' deposits.Cleaning was the most com

The Condensation Conundrum

The Condensation Conundrum

News

Viewpoint by Tom Entwistle As winter approaches outside temperatures drop and the perennial landlords problem of winter condensation and black mould rear their ugly heads again.The question is, how do you know if this is caused by the building or the tenant, or is it a co

Tax on income from lodgers and short stay tenants

Tax on income from lodgers and short stay tenants

Information

Landlords' Tax: Internet sites, such as AirBnB, have increased the number of landlords letting to lodgers and to guests on short stays. There are specific tax benefits to this type of letting business which are expanded upon below.Furnished holiday letting</st

Section 21 Notices - for older tenancies in England

Section 21 Notices - for older tenancies in England

Information

Section 21: Most tenancies will never require the service of a Section 21, Housing Act 1988, (eviction) notice. However, on those occasions when it does become necessary, and you just never know, landlords (and agents) will thank their lucky starts they complied with the rul

Asbestos and Your Responsibilities as a Landlord

Asbestos and Your Responsibilities as a Landlord

Information

Asbestos:Asbestos regulations were last updated in 2012 , bringing the UK in line with EU regulations, which means the current regulations have been in place long enough for most

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Concerns raised about whether new planning reforms go far enough to address housing shortage

Concerns raised about whether new planning reforms go far enough to address housing shortage

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News
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Concerns about whether new planning reforms go far enough to address the country’s housing shortage have been raised by estate agents.

Labour pressured to remove guarantor rights for landlords

Labour pressured to remove guarantor rights for landlords

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News
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Homelessness charities are requesting amendments to the Renters’ Rights Bill that would severely limit landlords’ right to use guarantor agreements

Inflation dips to 2.8%, boosting hopes of interest rate cuts

Inflation dips to 2.8%, boosting hopes of interest rate cuts

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News
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Inflation has dipped, boosting mortgage borrowers’ hopes of more interest rate cuts.

Average asking rents have risen to £557 a week, new Foxton figures have revealed.

Average asking rents have risen to £557 a week, new Foxton figures have revealed.

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News
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Average asking rents have risen to £557 a week, new Foxton figures have revealed.

Flat sales stall amid lack of meaningful progress on unsafe cladding repairs, estate agents warn

Flat sales stall amid lack of meaningful progress on unsafe cladding repairs, estate agents warn

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News
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Many flat sales are stalling due to a lack of meaningful progress on unsafe cladding repairs, estate agents have warned.

Landlords invited to boost business at training day

Landlords invited to boost business at training day

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News
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Landlords are being invited to a “five-star training day” to help them navigate the biggest changes in the rental market for 30 years.

Single-Family Housing market attracts attention amid surge in demand

Single-Family Housing market attracts attention amid surge in demand

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News
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Investors are targeting the Single-Family Housing (SFH) market as the booming sector aims to help fill the PRS shortfall.

Landlord fails in bid to increase tenant’s rent, tribunal rules

Landlord fails in bid to increase tenant’s rent, tribunal rules

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News
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A landlord company has failed in its bid to increase a tenant’s rent by 25% after a First Tier Property Tribunal heard that poor standards would lower the market rent.

NRLA on the road: New events programme to bring the association to you

NRLA on the road: New events programme to bring the association to you

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NRLA launches on-the-road events programme to bring landlord support and training locally.

Landlords 'getting younger' latest research reveals

Landlords 'getting younger' latest research reveals

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News
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Keen thirty-something investors have helped to lower the average age of private landlords by four years over the last decade.

EXODUS: 18% of homes for sale are former rentals

EXODUS: 18% of homes for sale are former rentals

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News
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The number of former rental properties currently for sale has risen dramatically as more landlords exit the market or downsize.

BREAKING: Inflation under control but property costs still soaring

BREAKING: Inflation under control but property costs still soaring

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News
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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.

What can landlords expect from this new Labour government?

What can landlords expect from this new Labour government?

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News
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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

City council pushes for powers to regulate holiday lets

City council pushes for powers to regulate holiday lets

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News
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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.

Campaigners urge Labour to make pet damage insurance mandatory

Campaigners urge Labour to make pet damage insurance mandatory

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News
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A charity is looking to reboot its campaign urging the public and MPs to support reforms around keeping pets in rental properties.

Build to rent growing at fastest rate on record

Build to rent growing at fastest rate on record

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News
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Exceptional growth in the build-to-rent (BTR) sector has pushed completions to a record high during the past 12 months.

Council offers landlords UK's 'best ever renting package'

Council offers landlords UK's 'best ever renting package'

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News
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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.

Mayor asks for landlord views on controversial renting charter

Mayor asks for landlord views on controversial renting charter

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News
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Landlords in Greater Manchester are being asked to help mould the city region’s new Good Landlord Charter, designed to improve renting.

Lloyds makes next step towards becoming 'UK's largest landlord'

Lloyds makes next step towards becoming 'UK's largest landlord'

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News
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Lloyds Banking Group is making another foray into the housing sector by turning its former office buildings into affordable homes.

Tackling rent arrears: helping you help your tenants

Tackling rent arrears: helping you help your tenants

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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.

SHOCK: Third of tenants prefer renting to home ownership

SHOCK: Third of tenants prefer renting to home ownership

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News
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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.

What landlords should expect now the election is over

What landlords should expect now the election is over

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With the victory for Labour now over a week behind us, what should landlords expect from the change in government?

Councillors in big south coast city back rent controls

Councillors in big south coast city back rent controls

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News
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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.

'New model rental contracts in Wales put deposits in jeapordy'

'New model rental contracts in Wales put deposits in jeapordy'

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News
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Landlords in Wales have found themselves unable to make deductions to deposits when using occupation contract templates, it has been claimed.

Selective licencing given green light in 'blighted' seaside town

Selective licencing given green light in 'blighted' seaside town

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News
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Northumberland council is the latest to approve more selective licencing with two wards in the seaside town of Blythe.

Landlord minister joins new Labour housing team

Landlord minister joins new Labour housing team

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Five new housing ministers have been tasked with helping the government deliver homes and reform the PRS – and one of them is a landlord.

Labour told to address dire rental supply problem

Labour told to address dire rental supply problem

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News
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Frustrated surveyors have urged the government to introduce fair legislation that increases supply as landlords continue to quit the sector.

WARNING: Hasty eviction reforms will be 'nail in coffin' of PRS

WARNING: Hasty eviction reforms will be 'nail in coffin' of PRS

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News
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Propertymark has warned that abolishing Section 21 without an adequate replacement mechanism will add 'another nail in the coffin' of the PRS.

Council to launch third licencing scheme charging £609

Council to launch third licencing scheme charging £609

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News
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Salford Council is to launch a consultation into reviving one of its selective licencing schemes - offering landlords slightly cheaper licences than eight years ago.

POLL: Higher costs to force 85% of landlords to raise rents

POLL: Higher costs to force 85% of landlords to raise rents

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News
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Most buy-to-let landlords plan to raise rents in the next 12 months after being hammered by higher interest rates and operating costs.

Rental arrears ease as cost-of-living crisis recedes

Rental arrears ease as cost-of-living crisis recedes

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Fewer tenants are going into rent arrears, according to the latest figures from Handelsbanken.

Idea of rent caps 'scares the life out of landlords' warns Shamplina

Idea of rent caps 'scares the life out of landlords' warns Shamplina

Podcast
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Podcast
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Paul Shamplina warns that introducing rent caps could drive landlords out of the market, potentially worsening housing supply issues.

Decison imminent on new EPC target for landlords

Decison imminent on new EPC target for landlords

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News
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Private landlords are about to get a new deadline for making energy efficiency improvements to their properties.

Will Labour improve a dysfunctional housing market, or destroy it?

Will Labour improve a dysfunctional housing market, or destroy it?

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News
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Tom Entwistle considers the current state of the UK housing market and how it could be affected by Labour’s policies