Rent Smart Wales is challenging letting agents and landlords over the widespread practice of charging student tenants summer retainer fees which it claims are unlawful under Welsh legislation. It says a retainer is an additional fee which is unlawful under the Renting Home
Owners (landlords) of commercial (business) premises and sometimes residential premises want to let to a tenant on a short term basis, but are fearful of creating a long-term arrangement such that the tenant cannot be removed if the landlord wants it.Basically, there are three ways to do that whi
When it comes to owning a buy-to� let property, the decision as to whether to use an agent or not is a big one. It is estimated that more than half of landlords self-manage their rental properties, believing it to be the best way to maintain control over who lives there and how
Commercial investments produce an average yield of 10.7% while residential properties offer just 3.7%, new research has claimed. Scotland is home to the highest commercial yield at 20.4%, along with the South West (13.7%), while Scotland is also where investors can find the high
While the cost of renting continues to increase across the UK, the Government continues to grapple with the issue of making renting more accessible and secure, especially for
NRLA calls for urgent government support to address rent arrears and court backlogs, proposing interest-free loans and grants to sustain tenancies.
Especially at a time like this, in the middle of a pandemic, when good commercial tenants are hard to find, landlords dread the time when a lease comes to an end, or their tenant goes into administration. When a commercial landlord loses a tenant, not only do they lose regular r
The government is pouring �13m into a homelessness reduction initiative to fund long-term accommodation for prison leavers in the private rented sector. More than 140 councils across England will share out the cash to pay for landlord incentives and loans for rent deposits, spe
We know that households across the UK will need to adopt a low carbon alternative to traditional heating solutions such as oil, gas, coal or wood burning in the future. Air source or geothermal ground source heat pumps are being touted as just such an alternative to help the UK
During these difficult times many tenants have found themselves in the position of wanting to divest themselves of surplus property, to reduce rental commitments by ending a lease agreement before it full term has expired. Perhaps the only way of doing this from the tenants p
Landlords who own leasehold properties in low and medium-rise apartment blocks affected by the cladding scandal will no longer have to supply an EWS1 form when selling or remortgaging their properties, the government has announced. Thousands of landlords who have been unable to
Spiralling fraud and overpayments in the benefits system now stand at the highest rate ever recorded, admits the Department of Work and Pensions (DWP), as it identifies housing payments as an area of concern. Housing benefit fraud is particularly rife after the pandemic resulted
The private rented sector wont meet new energy efficiency targets unless the government stumps up more cash for any replacement to the Green Homes Grant, it has been claimed. Latest https://www.gov.uk/government/statistics/english-housing-survey-2019-to-2020-private-
Bury Council in Manchester has adopted new measures to fine landlords up to �30,000 if their properties dont meet the recently-introduced electrical safety standards. Although the standards came into force in June 2020, they had not been adopted and implemented by the counci
A commercial landlord whose building was damaged by two fires has been handed an 18-month suspended prison sentence, it has been reported. Wayne Braund, 52, owner of the former Strachan and Henshaw building in Foundry Lane, Bristol (pictured), admitted six fire safety breaches i
Guide to landlord responsibilities for fire-door safety—learn what checks and maintenance are required to keep your property compliant.
Property investor Rod Turner didnt find the thought of having tenants and being a landlord very appealing, but the turning point came in 2014 when he realised the London market wasnt proving positive for developments and that he needed to hold onto properties long term. As
Almost two-thirds of landlords (62%) will be forced to raise rents by at least 10% in the next 12 months if market conditions dont improve. Research by Aldermore Bank found that despite this, landlords feel conflicted about passing on costs in an alread
Legal & General Capital helped fund more than 17,000 new homes across affordable housing, suburban build-to-rent (BTR), modular housing, traditional build-to-sell, and key worker homes last year. The insurance group invested �5 billion towards levelling up the UKs towns
If you havent heard of it before, the Renters' Reform Bill is set to be voted on before May 2023, bringing with it a plethora of proposed changes for landlords and tenants alike. Shelter , who along with other organisations are cam
Long-term HMO landlords in Portsmouth risk losing their C3/C4 status with no chance of getting it back due to confusion over planning rules, it is claimed. Many took advantage of the option to switch between family use (C3) and HMO (C4) without needing planning permission in 201
The rental sector is likely to see some of the biggest changes since the 1980s, so do your homework and keep yourself up-to-date. All the signs are that operating as a residential landlord in 2023 will be just as challenging as it was last year, if not more so here are my to
Leading property sector figure Kate Faulkner has been given an OBE in the New Years Honours List. Faulkners honour is for her involvement with landlords, estate agents and consumers including her work leading the property industry Home Buying and Selling Grou
The worst fears of a commercial landlord are realised when the flow on quarterly or monthly rent payments starts to dry up! Read on to find out what to do if you're faced with this. According to the latest available Office of National Statistics (ONS) figures, the number of comp
The NRLA has backed the growing number of student landlords 'panicked' by the Governments plans to bring in periodic or open ended tenancies across the private rental sector. Concern is widespread within the student community, new research reveals, with 84% saying they
A landlord in the Midlands has launched a parliamentary petition calling on the Government to reverse its Section 24 tax changes for landlords, which since 2017 has gradually removed their ability to claim mortgage interest rate against their tax liability. Announced by George O
Three essential steps to secure auction finance successfully—navigate bidding, funding, and acquisition with confidence.
Labour has launched a broadside against bad landlords as it adds more flesh to its manifesto bone in a bid to win the ‘renter vote’.
Scottish Labour have promised that their new MPs will push for rent controls, despite the national party coming out against them.
Landlords will have to wait a few more months for any real mortgage rate relief, despite today’s fall in inflation to 2%, experts tell LandlordZONE
The SNP has published its manifesto in the run-up to next month’s general election – but renters and landlords barely get a look in.
A leading law firm has warned that newbie landlords are at risk of ‘significant consequences’ because many are unaware that selective licencing is spreading rapidly across most urban areas of the UK.
Scotland’s new housing minister Paul McLennan has surprised landlords by controversially claiming that the country’s private rented sector supports rent controls.
Labour has cast doubt on the Conservatives’ proposal for a two-year temporary capital gains tax break for landlords who sell to their existing tenants
A snapshot investigation by Which? has revealed that property owners are being given Energy Performance Certificates (EPCs) riddled with inaccuracie.
The three main parties manifestos' proposals fail to instil confidence in Colliers business rates expert, John Webber.
Cash deposits increasingly don’t cover landlords’ claims for rent arrears or damage, according to a new study.
More than half of private renters (55%) reckon a new government should introduce rent controls.
Plaid Cymru has come out in favour of rent controls in the PRS as part of its housing strategy in the party’s manifesto.
The first thing I tell anyone is how important 'evidence' is in both deposit disputes and, now more than ever, monitoring fire safety compliance.
Despite politicians and campaign groups claiming that the nation’s rental market is unaffordable, new research out today reveals that renting remains cheaper on average than buying a property with a 5% deposit.
A tenancy agreement is just like any other contract, so as soon as both tenant and landlord have signed the agreement, it becomes a legally binding contract.
Labour might be no more likely to deliver on promises to overhaul the leasehold system than the Conservatives, according to property experts.
A huge mismatch in the private rented sector has left tenants tackling ever-rising living costs and plummeting affordability levels.
Most portfolio landlords have been asked to make energy efficient improvements by their tenants in the past year, according to a new poll.
Private rented homes will have to meet minimum energy efficiency standards by 2030 if Labour get the keys to Number 10 next month.
Reform UK wants mortgage interest tax relief brought back as part of ‘critical reforms’ suggested by the party following the general election.
The NRLA has stepped in to help fight a legal battle over whether it is acceptable for vital rental documents to be served by post.
Increasing the energy efficiency of a property is undoubtedly of value - regardless of the election outcome.
Landlords could have to start keeping a digital logbook to demonstrate their compliance with energy efficiency measures.
Green MPs will push for rent controls and tenants’ right to demand energy efficiency improvements if they win more seats in the election.
