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
Average house prices fell by -1.5% in December, while the annual growth rate dropped from +4.6% to +2.0%, according to the Halifax House Price Index. A typical property now costs �281,272 - down from �285,425 in November following six months of rapid growth during the firs
Propertymark has voiced fears that the governments ECO plus scheme risks excluding many landlords with low-rated properties. In its response to the Department for Business, Energy and Industrial Strategys consultation into the scheme to help fund home insulation, the indus
Cherwell District Council has pressed the government to urgently introduce the long-awaited Renters Reform Bill to help it rebalance the relationship between landlords and tenants. The north Oxfordshire authority has written to Housing Secretary Michael Gove asking him to bring
All non-domestic properties usually have their business property Rateable Value (RV) revalued every five years by the Valuation Office Agency. The next revaluation is due to take place on 1 April 2023. What is Rateable Value? The value is determined by the Valuation
The average cost of rent fell slightly during December, dropping 1.47% to �1,071, according to the latest Rental Index from https://www.goodlord.co/" Goodlord .<br><br>The South West saw the largest reduction of 2.68% to �1,066 while the only region to see an increase wa
Landlords should think carefully before attempting to remove good tenants who resist rent increases, advises https://www.landlordaction.co.uk/ Landlord Action founder Paul Shamplina - or risk replacing them with tenants who stop paying rent. If you have a
A letting agency boss has been hit with an 11-year ban after repeatedly abusing the https://www.landlordzone.co.uk/news/landlords-who-took-out-bounce-back-loans-given-six-month-breathing-space/" Bounce Back Loan scheme. Laszlo Szabo, the sole director of Letti
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
One of the key provisions of the Renters (Reform) Bill was the provision of a portal to register all landlords. In effect a licencing system for every landlord in England and Wales and something Labour has said it would like to resurrect if it wins the General Election.
A report published today attempts to counter the ‘anti-landlord’ rhetoric that has gathered pace in the UK recently by revealing that the private rented sector supports some 390,000 jobs and makes a £45 billion contribution to its economy.
A Conservative MSP has slammed Scotland’s short lets licensing scheme for its negative impact on thousands of businesses.
Five former housing ministers are among the 77 Conservative MPs standing down at the next election, leaving behind a mixed legacy.
Welsh rugby star Gareth Davies is trying his hand at a career in lettings as he considers life after playing for the national team.
Tom Entwistle asks the question, what’s gone wrong with the buy-to-let market, why has government policy been so much against it?
Social rents are 64% more affordable than private rents, with social tenants in England paying about £828 less each month than private tenants, according to new analysis by Shelter.
John Lewis has urged future governments to develop a clear national strategy around the need for build-to-rent developments.
A rogue landlord has been ordered to pay more than £23,000 after he admitted operating an unlicensed and unsafe HMO.
A pet activist has pledged to continue her fight for tenants’ right to keep pets following the demise of the Renters (Reform) Bill.
Leading private rented sector expert, Total Property, has launched an innovative new platform for its mydeposits custodial scheme members this week.
Landlords in and around Bristol are invited to join TV star Paul Shamplina this Thursday, 30th May for an educational seminar run by leading estate agency Andrews.
More than 40% of landlords are still undecided about who to vote for in the upcoming general election, while nearly half have concerns over a potential change in government.
Michal Gove will leave the Department for Levelling Up, Housing and Communities having seen his Leasehold and Freehold Reform Bill make it onto the statute book.
A rogue landlord who let his tenant sleep in a bike store and rented out a crumbling property has been banned from letting houses in England for three years.
A letting agent investigated by the BBC following complaints about the management of a student HMO in Salford has lost his appeal against expulsion from his industry’s trade association.
An increase in licensing schemes pushed the number of HMO licences issued in England up to a record-breaking 27,177 last year.
The Renters (Reform) Bill has been abandoned and must now go back to the drawing board after years of uncertainty and political wrangling.
Eight in 10 landlords are reporting strong levels of tenant demand, Paragon Bank research has revealed.
The Renters (Reform) Bill is almost dead in the water following the announcement of a 4th July general election which probably won’t leave time for it to become law before Parliament is dissolved next Thursday.
The threat of rent control still lingers, despite Labour claiming the party policy goes against it, landlords still leaving...
The Welsh Government should reinforce existing legislation, remove barriers to building more adequate homes and improve how it collects data instead of bringing rent controls into the housing debate, according to Propertymark.
New North East mayor Kim McGuinness has vowed to seize properties from irresponsible landlords as part of her plan to stand up for renters.
Changes to the EU Settlement Scheme mean tenants granted pre-settled status can continue to prove their right to rent easily while landlords will be better able to check their immigration status.
Landlords are likely to be targeted heavily by political parties as new research shows most remain undecided following Rishi Sunak’s decision to go for a July 4th General Election.
