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Making Tax Digital for Income Tax on hold, again!

Making Tax Digital for Income Tax on hold, again!

News

If you were due to submit a self-assessment tax return and pay your dues by yesterdays deadline and you missed it you should do so now without delay, otherwise you will face a penalty. Anyone with rental income must submit a self-assessment income tax return, completing the property inco

Looming Vic & Bob movie to portray landlords as 'obnoxious'

Looming Vic & Bob movie to portray landlords as 'obnoxious'

News

Landlords are to get their latest outing on the silver screen within the first movie by comedians Vic Reeves and Bob Mortimer, it has been reported. But predictably its not the image many would prefer to see the comedy pair promote. After nearly two decades of dev

Landlord to pay tenants �10,000 after losing RRO legal appeal

Landlord to pay tenants �10,000 after losing RRO legal appeal

News

A London landlord has been hit with a �9,880 rent repayment order after failing to convince a tribunal that his tenants application was not legal. The landlord admitted that he had held a selective licence which limited occupation to five people from one household but hadn

Landlords are taking action as tax bills and refurb costs rise above rent yields

Landlords are taking action as tax bills and refurb costs rise above rent yields

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Rising number of tenants forced to leave Scottish private rental sector

Rising number of tenants forced to leave Scottish private rental sector

News

The number of households becoming https://www.landlordzone.co.uk/news/new-minister-reveals-millions-more-to-fund-prs-support-schemes-for-homeless/" homeless from private rented tenancies in Scotland is now higher than it was pre-pandemic, according to new government data.

Private rented sector is not 'broken' as campaigners claim, says new report

Private rented sector is not 'broken' as campaigners claim, says new report

News

Ministers and campaigners who claim that tenants are trapped in a 'broken' private renters sector are wrong, a new independent report commissioned by the NRLA has claimed, highlighting how three quarters of tenants think their rent fair or excellent value for mo

Podcast: Should landlords invest or divest?

Podcast: Should landlords invest or divest?

Podcast

In the latest episode of The Property Cast , now available to https://www.totallandlordinsurance.co.uk/knowledge-centre/investing-in-buy-to-let-2023?utm_source=landlordzone&utm_medium=investment+podcast+article&utm_campaign=landlordzone+january+2023" <st

Peterborough expands selective licensing after success of pilot

Peterborough expands selective licensing after success of pilot

News

Peterborough's new selective licensing scheme requires landlords in designated areas to obtain a £908 licence, aiming to improve housing standards.

Capital gains for landlords as tenants flock back to London

Capital gains for landlords as tenants flock back to London

News

Landlords with properties in central https://www.landlordzone.co.uk/news/rent-rises-hit-20-in-london-last-year-reports-leading-lettings-agency/" London saw the highest levels of tenant demand across England and Wales in the last quarter of 2022. After falling

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Shrinking pool of rental homes continues to drive up rents, reports RICS

Shrinking pool of rental homes continues to drive up rents, reports RICS

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News
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A shrinking pool of rental properties continued to drive up rents last month, despite reduced demand from tenants

Rental homes that aren’t up to scratch are under increased threat

Rental homes that aren’t up to scratch are under increased threat

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News
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Private landlords whose properties aren’t up to scratch face a significant increase in pressure and threat when the Decent Home Standard kicks in.

Tenants urged by housing minister to challenge unfair rents

Tenants urged by housing minister to challenge unfair rents

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News
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Tenants are being urged by the housing minister to challenge unfair rent increases.

Parents as landlords strain family relationships

Parents as landlords strain family relationships

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News
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The ‘parent landlord’ phenomenon has caused increasing numbers of adult children to put a strain on family life, a new survey finds.

Student landlords urged to review contract accuracy

Student landlords urged to review contract accuracy

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News
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Student landlords have been warned their existing contracts won’t be entirely accurate once the Renters’ Rights Bill takes effect after the summer.

Small landlords could soon be replaced, warns top property lawyer

Small landlords could soon be replaced, warns top property lawyer

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News
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Small landlords with one or two properties could end up being replaced by larger portfolio or corporate landlords as part of the Government’s push to improve standards, according to a top property lawyer.

NAEA warns of unintended consequences of rental auctions

NAEA warns of unintended consequences of rental auctions

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News
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The agent’s professional body NAEA Propertymark has raised concerns about the running of the rental auctions scheme

One in four households pay four times more for heat

One in four households pay four times more for heat

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A Utilita study shows 25% of UK households pay up to four times more for heating by using electric heaters instead of gas central heating, with added CO₂ emissions of 34 kg per year.

Empty homes rather than holiday lets should be targeted by the Government

Empty homes rather than holiday lets should be targeted by the Government

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News
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Empty homes should be targeted by the Government, rather than punishing the short-let sector, a holiday let firm has argued.

NRLA backs platform that helps landlords move to limited company status

NRLA backs platform that helps landlords move to limited company status

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News
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Private landlords considering a move to limited company ownership of their rented properties are being urged by the NRLA to use its latest partner service.

Landlord fined £8,471 over hazardous HMO wiring

Landlord fined £8,471 over hazardous HMO wiring

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News
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A landlord has been handed a £8,471 bill for allowing his tenants to live in a property with serious structural issues, dangerous wiring and a lack of fire safety measures.

Fake tenancies at heart of Bulgarian's gang's £53m scam

Fake tenancies at heart of Bulgarian's gang's £53m scam

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News
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Five fraudsters who stole £53.9 million in a huge benefits scam used false tenancy agreements to help them make claims.

Councils lobby Ministers not to scrap selective licencing schemes

Councils lobby Ministers not to scrap selective licencing schemes

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News
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The Local Government Association (LGA) has urged Minister to ignore rebel MPs’ calls for selective licencing to be replaced by the looming Landlord Portal.

TWO new reports reveal weakening supply of rented property

TWO new reports reveal weakening supply of rented property

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News
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The number of landlords instructing agents to rent properties has declined for a second quarter in a row, fuelling ongoing worries that the Government’s ‘anti-buy-to-let’ mood music is disrupting the market.

'Ignorance of law no excuse' as landlord repays tenants £10,500

'Ignorance of law no excuse' as landlord repays tenants £10,500

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News
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A landlord who blamed her agent and tenants for not telling her about a selective licensing scheme has been hit with a £10,572 rent repayment order.

Tax shock for furnished holiday let owners – how to react while there’s still time

Tax shock for furnished holiday let owners – how to react while there’s still time

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News
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If you are involved with Furnished Holiday Lets you are probably be aware by now that there are far reaching tax changes coming - what to do about them?

Record fines for London landlords push total to £10 million

Record fines for London landlords push total to £10 million

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News
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Total fines for London’s rogue landlords and agents have topped £10 million since the rogue landlord database launched in 2017.

Big money to spend £17 billion in South and Midlands building rental houses

Big money to spend £17 billion in South and Midlands building rental houses

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News
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Private landlords face a significant increase in competition from corporate operators within the rented sector as investors reveal a £17 billion, 60,000-home building programme concentrated on the South and Midlands.

Court costs for landlords 'will keep on rising' predicts lawyer

Court costs for landlords 'will keep on rising' predicts lawyer

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News
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It’s almost inevitable that court fees will have to rise considerably, and probably sooner than 2025/6 unless alternative funding is added direct from the Treasury, according to property lawyer David Smith.

Accreditation key to tenant confidence

Accreditation key to tenant confidence

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As a tenant how do you know your landlord – or agent – is a good one? There are checks renters can carry out – looking at online reviews, the government’s rogue landlord database, or contacting The Property Ombudsman.

Sadiq Khan vows to 'hold landlords to account' as re-election looms

Sadiq Khan vows to 'hold landlords to account' as re-election looms

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News
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London mayor Sadiq Khan has vowed to build 6,000 new ‘rent control’ homes across London if he’s elected for a third term in next month’s election.

London council goes live with bigger selective licencing scheme

London council goes live with bigger selective licencing scheme

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News
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Redbridge Council has gone live with its big new selective licencing scheme that applies to most private rented properties in 15 of the London borough’s wards.

New visa rules for foreigners 'not damaging student housing market'

New visa rules for foreigners 'not damaging student housing market'

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News
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Unite Students is poised to report rental income growth of at least 6% due to sustained demand, despite new visa rules affecting international students.

Wales to follow England's landlord stamp duty reliefs withdrawal

Wales to follow England's landlord stamp duty reliefs withdrawal

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News
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Landlords and property investors who buy privately-held multi-property portfolios in Wales are to lose another tax perk.

Why is Government making investing in PRS more difficult, asks leading landlord

Why is Government making investing in PRS more difficult, asks leading landlord

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News
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A leading landlord in the SW has slammed the Government’s ongoing assault on the private rented sector, saying the efforts of Michael Gove and his predecessors puzzle ‘honourable and decent’ operators like him.

WARNING: Hunt's tax changes will hit landlords AND renters

WARNING: Hunt's tax changes will hit landlords AND renters

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News
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Changes to income and Capital Gains Tax (CGT) that came in over the weekend could mean reduced investment in the PRS and insurance premiums, warns an insurance expert.

TV star reveals London training day for landlords

TV star reveals London training day for landlords

Information
News
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Paul Shamplina has assembled a panel of experts to run a training day this summer that will advise and coach landlords to navigate the tough economic and regulatory environment facing the privately rented sector.

ENERGY CAP: How much badly-insulated homes will cost tenants

ENERGY CAP: How much badly-insulated homes will cost tenants

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News
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Poorly insulated homes will be sent annual gas bills about £340 – around 50% - higher than those with a C-rated Energy Performance Certificate (EPC) under Ofgem’s latest price cap, new research has found.

Is the staycation-fuelled holiday lets bubble bursting?

Is the staycation-fuelled holiday lets bubble bursting?

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News
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Holiday let owners are facing a significant dip in bookings this year as the sector feels the effects of the cost-of-living crisis, poor weather and an increasingly saturated market.

The dominoes may slowly fall as we head towards a distressed commercial market

The dominoes may slowly fall as we head towards a distressed commercial market

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News
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The UK’s commercial property sector is experiencing challenges: high interest rates, inflation, lower property values, and liquidity problems for lenders and borrowers.

'Rent repayment orders being used beyond their original purpose'

'Rent repayment orders being used beyond their original purpose'

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News
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Some build-to-rent developments are increasingly falling foul of Rent Repayment Order (RRO) legislation, in a move away from its original aim to tackle poor HMOs, it has been claimed.

Thinktank battles landlords over evictions ban claims

Thinktank battles landlords over evictions ban claims

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News
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The Social Market Foundation has argued that fears about stricter regulations reducing the supply of rental properties are ‘overblown’.

Tenant's jaw dropping makeover listed after pop star's campaign

Tenant's jaw dropping makeover listed after pop star's campaign

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News
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A rented house which was transformed into a highly ornate classical ‘villa’ by its former tenant has been granted a Grade II listing.

Greens launch manifesto promising 'immediate rent freeze'

Greens launch manifesto promising 'immediate rent freeze'

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News
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The Green Party is unlikely to win many votes from landlords after launching its manifesto ahead of a General Election later this year and the May 2nd local elections.