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Gap between renting and home ownership cost narrows as mortgage payments rise

Gap between renting and home ownership cost narrows as mortgage payments rise

News

First time buyers remain better off owning than renting an equivalent home, Lloyds Bank says, but the gap is narrowing. Its latest Owning vs Renting Review reveals that owning a first home now costs �971 a month, four percent less than renting at �1,013.

BUDGET 2023: Hunt ignores pressing needs of landlords and tenants

BUDGET 2023: Hunt ignores pressing needs of landlords and tenants

News

The government failed to offer long-term support for energy efficiency improvements or increase the Local Housing Allowance in a Budget which instead focused on getting the country back to work. Chancellor Jeremy Hunt extended support for energy bills at current levels of �2,50

The latest lettings legislation for landlords - The Property Cast, Total Landlord Insurance

The latest lettings legislation for landlords - The Property Cast, Total Landlord Insurance

Podcast

In this in-depth private rented sector legislation special, Eddie and Paul are joined by David Smith, head of property litigation at JMW Solicitors. The discussion kicks off with the recent landmark Rakusen v Jepsen rent repayment order case, where David represented the NRLA and which, he e

Landlords are rushing to sell as tax bills and refurb costs rise above rent

Landlords are rushing to sell as tax bills and refurb costs rise above rent

Information

Youve made the decision to sell, and beat the market drop and increased costs. But where do you turn? Estate Agents can get you a high price, but theyll take far too long. Auctions can sell super-fast, but you might be compromising on price. <figure id="" class="w-richtext-figure-t

Awaab's Law 'must be extended to private rented sector', says Generation Rent

Awaab's Law 'must be extended to private rented sector', says Generation Rent

News

Generation Rent is calling on the government to extend Awaabs Law to the PRS after its survey found 1,106 private rented homes in England with dangerous levels of damp and mould. A Freedom of Information request by the campaign group found that the 65 councils which reported

'Something must be done about rogue rent-to-rent operators' says industry chief

'Something must be done about rogue rent-to-rent operators' says industry chief

News

Eddie Hooker, Chief Executive of insurance company the HFIS Group, has called for action to combat the murky end of the rent-to-rent market. Talking during an video interview with LandlordZONE , Hooker said action was needed to increase transparency w

Landlords warned over using unregulated solicitors to fill in eviction claim forms

Landlords warned over using unregulated solicitors to fill in eviction claim forms

News

A tenancy mediator has warned landlords that they or the experts they hire - risk being jailed for contempt of court by not using a regulated solicitor to fill in possession notice claim forms. PRS Mediations Julie Ford (pictured) says that under the L

First rental eviction prompted by tighter EPC rules takes place in Midlands

First rental eviction prompted by tighter EPC rules takes place in Midlands

News

An 80-year-old disabled woman is being evicted from her home after more than 60 years because her property wont pass tighter new EPC rules, a case which is believed to be the first of its kind. Thoresby Estate which owns Anne Marshs property in Edwin

BUDGET: Charities call for LHA to be raised to relieve pressure on benefits tenants

BUDGET: Charities call for LHA to be raised to relieve pressure on benefits tenants

News

Increasing the Local Housing Allowance would be the quickest way for the government to improve access to affordable homes, say housing charities. According to analysis by the Institute for Fiscal Studies (IFS), in 37 local authorities, the gap between market rents for three-bedr

Property manager to pay �25,000 after failing to appeal 'horror electrics' fine

Property manager to pay �25,000 after failing to appeal 'horror electrics' fine

News

The director of a property management firm has been fined more than �25,000 after dangerous electrics were discovered at an HMO in Northampton. West Northamptonshire Council issued a warrant in May 2022 after tenants raised concerns about the property in Lutterwor

NE Landlords slam councils' blanket licencing plan as 'waste of time'

NE Landlords slam councils' blanket licencing plan as 'waste of time'

News

Landlords in the North East have complained that a rubber stamped selective licencing scheme is a pure waste of time� and that they are fed up being taxed in this way�. The comments concern Middlesborough councils plans to extend its licencing scheme in the ce

BUDGET: What can landlords expect from the Chancellor this week?

BUDGET: What can landlords expect from the Chancellor this week?

News

Landlords will be looking for more government support to make energy efficiency improvements while hoping for some tax burden relief in the upcoming Budget. With EPC deadlines looming, many want greater incentives to back up the https://www.gov.uk/apply-boiler-upgrade-s

BREAKING: Government to issue new 'How to Rent' guide on Friday

BREAKING: Government to issue new 'How to Rent' guide on Friday

News

A new How to Rent guide will come out on Friday (17th March) which landlords in England must serve at the start of any new tenancy or renewal. The new guide forms part of the prescribed information landlords must issue, and if they dont

VOTE: Scots rent rises to be capped at 3% until October, MSPs agree

VOTE: Scots rent rises to be capped at 3% until October, MSPs agree

News

Scottish MSPs have voted through a rent cap and extension of the eviction ban until 30th September. The rent cap for private sector tenancies will increase to 3% from 1st April under the amendment to the https://www.gov.scot/publications/cost-living-ten

NEW: Worcester latest to propose city-wide HMO licencing scheme

NEW: Worcester latest to propose city-wide HMO licencing scheme

News

All HMO landlords in Worcester will soon have to buy a licence if councillors back a new additional licensing scheme. The city has operated an additional scheme since September 2015 but amended it in 2020 to cover only the wards of Arboretum, Bedwardine, Cathedral and St Clement

Landlords LEFT OUT of new 'forbearance' guidance for mortgage holders

Landlords LEFT OUT of new 'forbearance' guidance for mortgage holders

News

Landlords have been left out of measures announced today designed to support mortgage holders during the cost of living crisis. The guidance, which has been issued by the Financial Conduct Authority (FCA) updating borrowers responsibilities to their existing mortgage holders,

FIRST rent repayment order against landlord issued following landmark case

FIRST rent repayment order against landlord issued following landmark case

News

A landlord who tried to claim that he was the superior landlord of an unlicensed HMO has failed in his bid to avoid paying a Rent Repayment Order. In the first RRO case since the landmark�

'Zero-rate VAT for property upgrades if you want to hit EPC targets' say big landlords

'Zero-rate VAT for property upgrades if you want to hit EPC targets' say big landlords

News

The British Property Federation (BPF) has called on the government to zero rate VAT on building repair and maintenance to incentivise essential upgrades across the residential sector or risk missing its 2050 net zero target. In the run-up to next weeks Budget, it says the

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

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

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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

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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...

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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

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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

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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

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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

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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...

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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

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

Logbooks should be made compulsory for landlords, claims expert

Logbooks should be made compulsory for landlords, claims expert

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Landlords could have to start keeping a digital logbook to demonstrate their compliance with energy efficiency measures.

Greens vow to power up plans for warmer rental homes

Greens vow to power up plans for warmer rental homes

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Green MPs will push for rent controls and tenants’ right to demand energy efficiency improvements if they win more seats in the election.

PRS should be cut dramatically, campaigners tell Martin Lewis

PRS should be cut dramatically, campaigners tell Martin Lewis

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Property expert Julie Ford has called out tenant union Acorn for suggesting the private rented sector should be greatly reduced.

Utilita Homes boss urges more retrofit help for landlords

Utilita Homes boss urges more retrofit help for landlords

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Utilita Homes urges parties to include retrofit support for landlords in their election manifestos.

Landlords promised cash incentive under new Tory government

Landlords promised cash incentive under new Tory government

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Groups representing both tenants and landlords have reacted coolly to the Conservative manifesto which was deemed short on new initiatives.

Purpose-built rentals pushed as housing shortage solution

Purpose-built rentals pushed as housing shortage solution

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The British Property Federation has called on the next government to set a bold target of 30,000 new build-to-rent homes a year.

Rent increases slowing, but tenant demand is still outpacing supply

Rent increases slowing, but tenant demand is still outpacing supply

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The latest data shows that rent increases have been slowing but tenant demand still outstrips supply

Official figures confirm Scotland's PRS is shrinking

Official figures confirm Scotland's PRS is shrinking

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News
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The Scottish government has published new evidence that confirms the country’s private rented sector is getting smaller.

Former Tory councillor banned after poor repairs

Former Tory councillor banned after poor repairs

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News
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A former Conservative councillor has been banned from letting properties for two years after repeatedly failing to comply with improvement notices.

Lib Dem manifesto promises renters a fair deal

Lib Dem manifesto promises renters a fair deal

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The Liberal Democrats have vowed to make three-year tenancies the default and to require landlords to achieve an EPC C or above by 2028.

mydeposits and No Letting Go launch strategic partnership

mydeposits and No Letting Go launch strategic partnership

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mydeposits partners with No Letting Go to enhance inventory management and deposit protection for landlords and agents.

When does a tenancy legally commence?

When does a tenancy legally commence?

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A tenancy agreement between the landlord and the tenant is just like any other contract, it is legally binding on both parties.

Letting agent's contract renewal email spurs author to write book

Letting agent's contract renewal email spurs author to write book

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A private tenant has been inspired to pen her first novel by a contract renewal email sent by a letting agent - and has even named it after the letting platform involved.

Irony of ironies: Gove 'evicted' from his Ministerial home!

Irony of ironies: Gove 'evicted' from his Ministerial home!

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Housing Secretary Michael Gove faces eviction from his government-owned mansion on 5th July, the morning after the election.

HMO group wins gong for changing official tax policy

HMO group wins gong for changing official tax policy

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HMO Reform Group won a Lifetime Achievement Award at this year’s annual HMO Awards for its campaigning work to change the law on council tax being imposed on individual HMO rooms.

Next Government 'must fund better enforcement of rogue landlords'

Next Government 'must fund better enforcement of rogue landlords'

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Rogue landlords continue to give the sector a bad name because many councils enforce private rented sector standards weakly or not at all, a new report reveals.

Labour to help thousands of tenants get on the property ladder

Labour to help thousands of tenants get on the property ladder

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Labour has revealed an uncosted plan to help 80,000 young renters get onto the property ladder, assuming his party gains power atthe General Election.

WARNING: 'Bashing landlords will make PRS as bad as social homes'

WARNING: 'Bashing landlords will make PRS as bad as social homes'

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Standards in the PRS will soon fall to those in the social sector if regulation and licensing continues to push smaller landlords out, a leading letting agent and landlord has warned.

Landlords must update their home address or face fines, says judge

Landlords must update their home address or face fines, says judge

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Landlords need to update their home address with their local council’s property licensing department or risk a penalty, an appeal judge has ruled.

Landlords take council to High Court over 'rapacious' licensing fee

Landlords take council to High Court over 'rapacious' licensing fee

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Disgruntled landlords have started legal action against Middlesbrough Council in a bid to squash its upcoming selective licensing scheme.

If you’re thinking of selling, here’s how to get the highest price for your properties this year

If you’re thinking of selling, here’s how to get the highest price for your properties this year

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We’ve all seen the headlines, from mixed-message articles to advice from experts and landlords, but if now REALLY is the best time to sell, how can we ensure we’re getting the highest amount in the fastest time?

Letting agents flag huge worries over landlords leaving market

Letting agents flag huge worries over landlords leaving market

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Letting agents are concerned that increasing numbers of landlords are exiting the market.

London rental market cools down but will rest of UK follow?

London rental market cools down but will rest of UK follow?

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The capital’s rental market continues to show signs of slowing down, with prices rising by just 1% year-on-year in May while the number of viewing request per property has dropped too.

Controversial landlord calls on Reform to back landlords with tax breaks

Controversial landlord calls on Reform to back landlords with tax breaks

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Fergus Wilson has questioned whether new Reform UK leader Nigel Farage would restore Landlord Tax to the previous headline rate and put Capital Gains Tax down to a flat 10% for all landlords - the level of tax paid if held in a company.

Generation Rent says private rented homes must be 'nationalised'

Generation Rent says private rented homes must be 'nationalised'

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Generation Rent has called for private rented homes to be brought into public or tenant ownership in its list of demands for the next government.