A prominent landlord in the North East has told the BBCs Newsnight programme that unless variable mortgage rates reduce he will have to start handing the keys back to the ten or so properties within his portfolio. <figure id="" class="w-richtext-figure-type- " data-rt-type="" da
Outspoken landlord Tina Knight has incurred the wrath of social media users by outlining the sectors eviction headaches on Good Morning Britain. She told presenters Susanna Reid and Richard Madeley that tenants have too much power and described some landlords
The Newcastle headquartered firm Greggs has won an initial High Court ruling in a �150m Covid related case against the insurance company, Zurich. Greggs claim was over its business interruption insurance with Zurich in which the firm claims it is due monetary compensation fo
London mayor Sadiq Khan says families would save about �3,000 during the next two years if he was given the power to freeze rents in the capital. We are asking government to give us the powers to have rent controls,� he toldhttps://www.bbc.co.uk/iplayer/episode/m0
Chancellor Jeremy Hunt has announced that the government will reverse almost all the tax measures announced in its recent growth plan. While it will still go ahead with cutting stamp duty, a planned 1p cut to the basic rate of income tax will now be shelved indefinitely� wh
The Renters Reform Bill will be introduced during the current parliamentary session, the Secretary of State for Levelling Up, Housing and Communities has told MPs. <figure id="" class="w-richtext-figure-type- " data-rt-type="" data-rt-align=""><div><img src="https://uploads-ssl.webflow.c
This case highlights the dangers of responding to emails (phishing schemes) and social media appeals promising tax rebates and otherwise ways of receiving large pay outs in return for information. Four men were arrested in a coordinated operation across England by over 50 office
The new Chancellor and former Health Secretary Jeremy Hunt has been tasked with sorting out the Kwamiikaze mini budget introduced by his predecessor, who holds the dubious gong of having the 2nd shortest tenure in the job ever. Hunt, who has made two weak
Demand for shared rooms is at an all-time high, while supply has hit a nine-year low, according to flat share site SpareRoom. The shocking figures have also led to average monthly room rents reaching record highs and increasing across every UK region in Q3 2022; Scotland is up 2
AirBnb owners are switching to long term lettings following changes to Scotlands short-term lets laws, according to a leading property firm. In a reverse of the recent trend thats seen scores of landlords ditch tenancies for holiday lets, DJ Alexander says it has been appr
Council tax re‑banding HMOs sparks fury—MP warns Truss-era reclassification in 50+ towns deals tenants a blow.
The Prime Minister has scotched rumours yesterday that she intends to U-turn on the previous Conservative governments commitment to get rid of Section 21 no-fault evictions. During a packed Prime Ministers Questions in the Commons this morning, she confirmed in a ter
Lloyds bank has entered into a �180million financial partnership with specialist buy-to-let lender, LendInvest PLC. The lenders partnership with the leading high street retail bank will be a boost to the innovative lenders business, helping the AIM listed company grow its buy-to-let
A tweet by the political editor of The Times newspaper has claimed that Liz Truss is about to U-turn on abolishing Section 21 evictions. Steven Swinfordhttps://twitter.com/Steven_Swinford/status/1579586149999181824" took to the social media
Guidance for landlords and tenants on addressing dampness, condensation, and mould issues, covering responsibilities and prevention strategies.
Holyrood MSPs yesterday passed through emergency legislation to freeze most rents until the end of March 2023. The legislation was on a fast track from earlier this week and passed its final stage yesterday. After hearing that some residential rents had increased by up to 30 per
Following recent changes to legislation The Department for Levelling Up, Housing and Communities (DHLUC) is expected to issue an updated version of the renters https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/942503/6.6642_MHCLG_
Bank of England's base rate hike to 2.25% strains buy-to-let landlords with mortgages, raising refinancing costs and financial pressures. Sour
This is a Guide to Tax Deductible Letting Expenses for Landlords under the new tax rules following the Summer Budget 2015. These may be subject to change and you are advised to consult a tax specialist before making any decisions.From April 2016 landlords will no longer be able to automatically d
An Edinburgh landlord set-up hidden cameras in the bedroom and bathroom of his flat, to film people in bed and in the shower.The cameras were discovered by a young couple, friends of the landlord who allowed them to use the accommodation. The couple found a box on the living room table with a cam
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
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 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
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
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
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
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
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.
Property expert Julie Ford has called out tenant union Acorn for suggesting the private rented sector should be greatly reduced.
Utilita Homes urges parties to include retrofit support for landlords in their election manifestos.
Groups representing both tenants and landlords have reacted coolly to the Conservative manifesto which was deemed short on new initiatives.
