After a huge amount of speculation in the press we can finally report what the new Labour Government has decided to do (and not to do) on the tax front
Landlords will face an additional average charge of more than £7,000 from tomorrow when buying a property thanks to an uplift in Stamp Duty charges.
Nick Lyons, chief executive of inventory experts No Letting Go give his view on the measures announced yesterday in parliament by Rachel Reeves.
The Labour Government has ramped up its increasingly anti-landlord policies by increasing the stamp duty they pay when buying rental properties from 3% to 5%.
Chancellor Rachel Reeves increases stamp duty surcharge to 5% for second homes and buy-to-let properties, effective from 31 October 2024.
A rogue landlord has been handed a £7,000 legal bill for renting out three dangerous flats containing a raft of faults.
Generation Rent has urged Chancellor Rachel Reeves to tax landlords harder in her first Budget by making them pay NI contributions.
A leading property lawyer has described a campaigning MP’s latest attempt to usher in harsher regulation of short-lets in holiday hotspots as ‘intensely impractical’.
Labour has committed to regulating estate agents in a bid to oust the rogue operators within the sector who give the wider industry a bad name and often cost landlords money and time when their services fall short of minimum standards.
First-time renters accounted for just 4.6% of new tenancies during the first five months of the year, as more would-be tenants rely on the hotel of Mum and Dad. With average monthly rents topping �1,000, young adults can save �12,290 by living rent-free with their parents each
A large County Court in London has written to its legal clients to warn them that some of their scheduled evictions face being cancelled or rescheduled. The announcement has been made by the Civil and Family Court in Barnet (main picture), one of the major hubs handling eviction
A landlord in Dartford has batted off a huge rent repayment order (RRO) claim made by her tenants after a judge dismissed the case during a virtual Property Tribunal hearing. Manjit Sanghera, who co-manages the family detached property on the outskirts of the Kentish town with h
Campaigning group the London Renters Union is targeting landlords in London by urging councils to come down much harder on failing properties. It has launched an action plan in Brent, detailing how the local authority should hold landlords accountable for more than 10,000 privat
Buy-to-let landlords will influence https://www.landlordzone.co.uk/sponsored/what-do-the-falling-house-prices-mean-for-landlords/" house prices if a large number choose to sell up, according to rating agency Moodys. The firm is predicting that prices will f
The average annual https://www.landlordzone.co.uk/news/battle-over-holiday-lets-hots-up-as-campaigning-mp-holds-meeting/" holiday let income exceeded buy-to-let income for the first time in 2020-21, reaching �15,600 compared with �13,400, according to HMRC.
Short-term let landlords in https://www.landlordzone.co.uk/news/edinburgh-chief-admits-burdensome-licencing-plan-will-hugely-reduce-holiday-lets/" Edinburgh have won their legal case against the councils licensing scheme. In the biggest crowdfunded case in
Almost two-thirds of surveyors have witnessed rising numbers of buy-to-let landlords looking to sell their properties. The https://www.rics.org/" Royal Institute of Chartered Surveyors (RICS) reports that a similar number have seen a drop in the level of inter
A new Parliamentary petition has been set up urging the government to ditch plans to remove assured shorthold tenancies. The LandlordZONE reader, who has a portfolio of properties in Yorkshire and Lancashire, was prompted to take action as he fears it could be the final nail in
Five fraudsters who stole £53.9 million in a huge benefits scam used false tenancy agreements to help them make claims.
The Local Government Association (LGA) has urged Minister to ignore rebel MPs’ calls for selective licencing to be replaced by the looming Landlord Portal.
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.
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.
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?
Total fines for London’s rogue landlords and agents have topped £10 million since the rogue landlord database launched in 2017.
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.
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.
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.
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.
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.
Unite Students is poised to report rental income growth of at least 6% due to sustained demand, despite new visa rules affecting international students.
Landlords and property investors who buy privately-held multi-property portfolios in Wales are to lose another tax perk.
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.
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.
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.
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.
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 UK’s commercial property sector is experiencing challenges: high interest rates, inflation, lower property values, and liquidity problems for lenders and borrowers.
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.
The Social Market Foundation has argued that fears about stricter regulations reducing the supply of rental properties are ‘overblown’.
A rented house which was transformed into a highly ornate classical ‘villa’ by its former tenant has been granted a Grade II listing.
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.
A mother and son landlord duo are to repay their former tenants £15,000 in a case highlighting how the rent repayment order system can be very one-sided.
By now you’ve probably heard of Landlord Sales Agency, and our articles that suggest the market is in favour of landlords selling.
