Landlords could be hit with a rise in capital gains tax (CGT) along with cuts in reliefs and allowances as part of the Chancellors autumn statement due on November 17th. According to a report inhttps://www.telegraph.co.uk/" https://www.telegraph.c
A bankrupt landlord in the Midlands has been jailed for eight months after failing to tell the Official Receiver about an HMO property he owned in Coventry. The house at 35 Walsgrave Road, Coventry, which yielded a rent of �1,900 a month for Sukhi Sanghera, was not flagged up b
Landlords have been under a lot of pressure recently, with interest rates going up, house prices dropping, and changes in government, anxiety levels have been at an all-time high. But despite the current state of affairs, we still have options to help us get through this patch without panic
Secretary of State for Levelling Up, Housing and Communities, and Minister for Intergovernmental Relations, Michael Gove, has reaffirmed his department's commitment to reforming the private rented sector (PRS). It will follow closely the recommendations in the Governments pol
Scots entrepreneurs Graeme and Leanne Carling were one of the most successful landlords of the late noughties, taking advantage of the weakness in the property market following the global financial crash to build a bricks-and-mortar empire worth �200 million. This made their co
Serco offers landlords guaranteed rent, free maintenance, and no void periods in five-year leases to house asylum seekers.
Landlords might have found themselves an ally in the newest minister at the Department for Levelling Up, Housing and Communities. Lucy Frazer - the latest MP to join returning boss https://www.landlordzone.co.uk/tag/michael-gove/" target="_blank" Mic
A group of companies involved in substantial property investment scams has been wound up by the High Court and an official received appointed to liquidate the four firms involved. These are Sentor Solutions Commercial Ltd , Fabcourt Deve
The RICS global Commercial Real Estate Market Monitor (Q3 2022) is indicating that the sector is in the early stages of a downturn. Thats according to around 81% of the surveys respondents in Q3 2022. It marks a significant increase from the previous quarter sample when just 11% of th
A concerned landlord has shared his frustration at the way councils manage problem tenants facing eviction by telling them to stay put while they are found alternative accommodation, informing the tenants that they will be making themselves 'intentionally homeless' if they move out. <p i
Continued demand for detached properties and a post-Covid resurgence in rent for flats has pushed annual increases in London above inflation. Average rents have accelerated by 4% to �1,499 during Q3 more than double the previous quarters rise and up 11% (�160) highe
The Rishi effect has started to impact mortgage rates just a day after the new PM was announced. As former Chancellor Rishi Sunak moves into number 10, some lenders have announced plans to drop their rates from tomorrow; Coventry Building Society is reducing its new busine
Nottingham landlords could face a �5,000 fine if their property doesnt have an EPC E rating as the city council bids to crack down on cold homes. The authority has agreed to adopt financial penalties under the Energy Efficiency (Private Rented Property in Engla
In this episode of The Property Cast, Eddie and Paul welcome energy expert and Head of Tenancy Services at Goodlord, Rik Smith. Drawing on his in-depth knowledge of the residential energy market, Rik cuts through the jargon to explain what is happening in the energy market at la
In this episode of The Property Cast, we discuss how landlords and agents can stay on top of their legal obligations. Landlords now have to meet 168 rules and regulations to let a property legally, but what are the latest legislative updates that landlords and agents need to kno
The Property Cast returns for 2022 and our first episode discusses what the Governments strategy is to achieve decarbonization of the private rented sector? What is the NRLA doing to support landlords? And what do landlords need to know? Eddie and Paul are joined by CEO of th
With inflation now into double figures, with all the financial shenanigans over the mini budget, the 10 year risk free bond yield at around 5 percent, its sending mortgages rates above 6 per cent, so how low will house prices go? It seems inevitable prices will fall, but by h
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
A challenger utilities provider has claimed that HMO landlords can solve their tenants mounting bill payment challenges by using tech. Glide, which has a fast-spreading network of its own broadband cables around the UK but also offers bundled utility deals to homeowners and t
Leeds has the highest number of student properties in the UK, according to new research. Website money.co.uk analysed the biggest university towns and cities, giving Leeds, which has five universities and one of the biggest student populations, the top spot with 16,225, followed
Leaseholders can now check their eligibility for a share of the �4.5 billion Building Safety Fund, which has reopened to take new applications.� � Those living in buildings over 18m with cladding issues can apply for a share of the fund. However, the DLUHC tel
Barnet Council is reintroducing borough-wide HMO licensing in a bid to improve property standards despite less than impressive figures in its previous additional licensing scheme. According to one of the respondents in the consultation report, only 32% of licensable properties h
A recent RICS survey finds that interest rate hikes and cost of living pressures are beginning to weigh on sentiment. Credit conditions have deteriorated to such an extent that 43% of respondents to the RICS survey felt we're in early downturn.� Investor sentiment is steady, but the ma
HMRC has confirmed that landlords must file a capital gains tax (CGT) property return - even if the disposal has already been reported on a self-assessment (SA) return. The government introduced the requirement to report disposals of UK residential property and pay the subsequen
A leading poverty organisation has called for a radical overhaul of the private rented sector including a government-backed right to buy scheme for private renters. The Joseph Rowntree Foundation (JRF), which was founded by a Quaker philanthropist and sweets manufacturer i
Kettel Homes has launched the UKs first open market rent-to-own programme for first-time buyers who cant access traditional home financing. Under the scheme, Kettel buys existing freehold single-family homes between �125,000 and �400,000 outside London, charging first-ti
Landlords seeking to evict tenants face more delays when Section 21 notices are abolished, warns the boss of an insurance and referencing firm. Clogged courts and a shortage of judges and county-court bailiffs mean that cases are taking months to be heard, it is claimed. <p i
Serving a Section 21 notice - you need to be meticulous in your preparation, making sure you have complied faultlessly with all the regulations
A big lettings agency has questioned why the government is set on pursuing the end to fixed term tenancies, while ignoring the needs of landlords and tenants.
A Labour-commissioned review of the private rented sector has called for a new renters’ charter to strengthen tenants’ rights and a mandatory National Landlords Register to help enforce compliance.
Three London landlords are to pay over £45,000 in rent back to their tenants following separate Tribunal decisions, highlighting the increasing risks of Rent Repayment Orders as renters become more aware of the huge sums that are often involved.
The London Borough of Lambeth is to launch a £923 per property selective licencing scheme in four wards this September after a lengthy consultation period that began in December last year.
A landlord who raised a rental property's EPC from a band F to an A has urged others to make energy efficiency improvements that benefit both their property and their tenants.
Controversial landlord Fergus Wilson has been handed a suspended prison sentence after being found in contempt of court for breaching an injunction preventing him from harassing staff and councillors at Ashford Borough Council.
Stockton on Tees councillors have given the green light to a new selective licensing scheme covering three areas of the borough.
Tenants are now facing bigger rent rises when they renew their contract than when they move into a new rental home.
Rent caps could be introduced in England by a Labour government, the party’s shadow chancellor Rachel Reeves said over the weekend.
Mayor Andy Burnham has announced plans including a new Property Check scheme for tenants whose landlords won’t work with the council voluntarily.
A landlord who let three of his properties fall into dangerous disrepair has been ordered to pay almost £14,000.
The founder of property management firm that houses asylum seekers by offering landlords guaranteed rents has reached the Sunday Times Rich List.
The number of households removed from their privately rented properties by bailiffs in England via a Section 21 ‘no fault’ eviction increased by 19% during the first three months of the year to 2,682 households, official data shows.
Landlords with properties in Manchester have been urged to have their say on the city’s latest plans to expand selective licencing.
Rising rents and lack of supply in the privately rented sector (PRS) are the result of long-term failure in government housing policy and is not landlords’ fault, peers were told during the Renters Reform Bill second reading last night.
The government has provided more detail on how it plans to overhaul the courts, along with the timeline for abolishing Section 21.
James Kent, the NRLA's Chief Innovation Officer and founder of property compliance platform Safe2, looks at new data on the postcode lottery of local authority enforcement.
Commercial Lease: Before 1995, though many commercial tenants did not realise this, assigning the lease meant they agreed to be responsible for payment of the rent and performance of all the other covenants
Competition between tenants continues to intensify as the amount of time rental property listings are up for has dramatically reduced, according to new analysis.
High rents are prompting tenants and landlords to choose alternative deposit schemes, according to one provider.
New powers for councils to auction off leases on properties which have stood empty for more than a year will take effect this summer.
As Peers prepare to debate the Government’s Renters (Reform) Bill today, the NRLA has warned that landlords exiting the sector are the ‘biggest threat’ to renters as supply narrows and rents continue to rise rapidly.
Landlords are being asked for their views on whether the Tenancy of Shops (Scotland) Act should be repealed, replaced, or reformed.
The UK has recorded the highest 21-day commercial property rent collection rates since the start of the pandemic
