The UKs largest holiday home rentals website has published shocking figures that reveal the average income earned by property investors on its platform. Sykes Holiday Cottages Holiday Letting Outlook Report 2023 reveals that its average owner saw an income of �24,000 last
A First Tier Property Tribunal has slammed Nottingham Council for covering large swathes of the city with licensing schemes rather than targeting rogue landlords, a 'temptation' it says is faced by other local authorities. Justice for Tenants brought a case on behalf of a tenant
As landlords continue to exit the buy-to-let market, to the detriment of their tenants, could this rout also lead to buy-to-let mortgage lenders following their lead? This is a question posed by Chloe Cheung writing for the FT this last weekend. Its a serious question, a deve
Letting agents have backed the Governments decision to reform the way HMO properties are banded for council tax. Propertymark, which represents the estate agency sector, says in its submission to a consultation by the Department of Levelling Up, Housing and Communities that p
Landlords wanting to back the eco movement may want to pause for thought after the Green Party today vowed to bring in an immediate rent freeze and no-fault eviction ban to tackle the housing crisis. During an election campaign visit to Suffolk, party co-leaders Carla Denyer and
A rogue landlord has been jailed for 10 months after he failed to comply with conditions set by a court concerning his rat-infested property. Martin Ambler admitted four counts of breaching a criminal behaviour order in May 2022 but sentencing was deferred so that he could instr
There is a lot of talk at the moment about how rents are up by 11% across the UK and although I know its tough on renters, landlord costs have, in many cases, doubled. This includes mortgage premium payments following interest rates rises from 0.5% to 4% in just 12 months, an
The government should introduce three-year tenancies to protect tenants from uncertainty and rising rents, according to a liberal conservative think tank report. The Bright Blue group has teamed up with Shelter to publish, <strong id
Landlords have heavily criticised the Scottish governments decision to implement its evictions freeze and rent cap without a proper consultation. The measures, which were widely criticised earlier this year for being rushed through, are now being fought by a coalition of orga
A BTL mortgage provider has pledged to invest £50 million in a fund to help landlords enhance their property's energy efficiency.
Evictions expert Paul Shamplina warns landlords and letting agents of increased responsibilities under the Renters Reform Act.
Airbnb landlord Talha Abbasi faces £102,000 court bill after judge classifies long-term let as assured shorthold tenancy, granting tenant protections.
Labour MP Diane Abbott has told TV viewers that bad landlords are those who use Section 21 to evict their tenants, whatever the reason. Despite there being genuine reasons for using the notice, such as non-paying tenants or anti-social behaviour, the London MP appeared on <a hre
New research reveals that deposits of five weeks rent dont provide landlords with enough protection in more than 10% of cases. Alternative deposit firm Reposit studied 20,000 tenancy agreements dating back to 2016 and found that landlords needed to r
This year London is on track to see the highest level of fines levied against rogue landlords and letting agents, it has been revealed as more and more councils begin operating licencing schemes. Geospatial compliance platform Kamma says it expects to see a 50% increase in enfor
New rules on holiday lets in England and Wales have taken effect which could force many owners to pay council tax instead of business rates. Self-catering properties in England must now be available for letting commercially for short periods of 140 nights
A landlord has warned others to make more regular checks on their rental properties after falling foul of Scotlands ongoing https://www.landlordzone.co.uk/news/vote-rent-rises-in-scotland-to-be-capped-at-3-until-october-msps-agree/" target="_blank" eviction b
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
As most Assured Shorthold Tenancies (AST) are by definition, short, there is usually no need for landlords to get involved in processing a rent increase.However, some ASTs run for long periods after the fixed term has ended, i.e., when the tenancy becomes a statutory periodic tenancy, hence there
The ideal for any landlord is for the tenant to have a guarantor and provide a rent deposit. But which is better when the landlord has to choose?The starting point is the status of the tenant. With a tenant that is one person (an individual) the likelihood of that person being of independent fina
When you rent out a property two vital stages in the process are when you check-in your tenants at the start of the tenancy and check-out at the end.Preparation is the key to a trouble free let. When you prepare properly you are carrying out management processes so that nothing is left to chance
Elsewhere on LandlordZONE (at https://www.landlordzone.co.uk/information/what-is-a-section-25-notice" https://www.landlordzone.co.uk/information/what-is-a-section-25-notice and https://www.landlordzone.co.uk/information/what-is-a-section-26-notice-2 ) you can find out about sec
The Jersey Landlords’ Association has slammed the “disorderly” roll-out of the Island's new property licence scheme.
Grey GR has been ordered to fix serious building safety issues at Stevenage’s Vista Tower following a long-running dispute.
The government has promised to clarify guidance outlining that tenants can soon request to keep more than one pet.
The Bank of England has left UK interest rates on hold at 5.25% for the sixth time in a row, delaying any reduction in mortgage rates.
Blackburn with Darwen Council is consulting on a new selective licensing scheme on the edge of its town centre.
Conservative MP Natalie Elphicke has defected to the Labour party after years of pushing tenant-friendly policies and decrying rogue landlords.
Red tape and hostility from Holyrood has caused some landlords to defer investments or take properties off the rental market.
Landlords should be on the lookout for the growing threat of cuckooing, which can jeopardise both their property and tenant safety.
Renters in England worked 125 days of the year solely to pay their rent, says The Adam Smith Institute.
A Nottinghamshire landlord has been fined £17,500 after local council officers discovered he was operating two properties without a licence.
Rental prices could increase by almost 20% over the next 12 months, putting the country in a cost of renting crisis, warns one lettings boss.
Ousted tenants right minister Patrick Harvie has urged the SNP’s new leader John Swinney to honour the government’s Bute House pledge to deliver rent controls and stronger tenant rights.
Landlords could find themselves in a legal tangle when asking for rent in advance if the Renters Reform Bill goes forward as drafted.
A leading letting agency in London has claimed that the Government’s Renters (Reform) Bill going through parliament, along with promises by Labour to go even further than the Tories if they gain power, are eroding landlord confidence in the private rented sector.
A letting agency in Liverpool has vowed to appeal a banning order successfully sought by the city’s council after the firm was found to have been operating unlicenced HMOs.
Improving your rental properties will make your property more efficient, easier to let and get your tenants to stay longer
High interest rates, higher operating costs and a shift to remote working have conspired against office space in particular
COVID impact still being felt on UK high streets four years on from the first lockdowns: commercial real estate lending is down but agents see signs of optimism.
Landlords’ bank accounts could be monitored as part of new legislation that aims to reduce overpayments to people claiming benefits and fraudulent claims.
Plans to abolish the Furnished Holiday Lets (FHL) regime could be delayed by at least a year from April 2025, and might never happen, according to one tax expert.
Landlords are more concerned about tenants’ right to request to keep a pet than the potential abolition of Section 21, a new poll reveals.
More landlords can now try out Making Tax Digital (MTD) for Income Tax after HMRC paused the pilot last February.
Average rental yields have hit a six-year high with HMOs and properties in the North East offering landlords the best returns.
Consumer organisation Which? says there is considerable evidence that many EPCs are ‘not accurate’.
A large landlord has been fined £528,000 after a maintenance crew member repairing a fence post inadvertently struck an underground cable, suffering facial burns.
