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Landlord pays �40,000 fine after large HMO 'put tenants at risk'

Landlord pays �40,000 fine after large HMO 'put tenants at risk'

News

A landlord in Norfolk has payed fines totalling �40,000 after he was found to have housed tenants in a way that put tenants at risk. Issues were reported at the Watton property (pictured) to Breckland Council last year, which prompted an inspection by officers who found a block

BREAKING: Landlords face higher mortgage costs as base rate rises by 0.5%

BREAKING: Landlords face higher mortgage costs as base rate rises by 0.5%

News

The Bank of England has this lunchtime raised its base rate by 0.5% as the venerable institution fights to bring down inflation, which yesterday was revealed to be sticking stubbornly at 8.7%, way above the bank's target of 2%. Commentators and mortgage holders alike had hoped t

Welsh minister backs review of existing higher stamp duty rates for landlords

Welsh minister backs review of existing higher stamp duty rates for landlords

News

Welsh Minister for Climate Change Julie James has backed the NRLAs call for a review of property taxation in the PRS. Speaking at thehttps://www.landlordzone.co.uk/news/breaking-landlords-tell-housing-minister-face-to-face-that-sector-needs-support/" <strong i

Treasury chief says landlords and homeowners 'will not get mortgage help'

Treasury chief says landlords and homeowners 'will not get mortgage help'

News

The Treasury has confirmed that it will not introduce tax relief on mortgage interest payments for either homeowners or landlords despite the ongoing mortgage cost crisis. As we https://www.landlordzone.co.uk/news/mortgages-landlord-tells-bbc-how-payments-have-tripled-o

New report hails growth of institutional build-to-rent

New report hails growth of institutional build-to-rent

News

JLL's latest report highlights the rapid growth of institutional Build-to-Rent (BTR) in the UK, with over 82,000 homes completed and rising demand.

BE WARNED: Why keeping records is so important for landlords

BE WARNED: Why keeping records is so important for landlords

News

Suzy Hershman (main picture), Resolution Department Lead at HFIS, examines a shocking case her team dealt with recently and highlights what landlords can learn from it . The case</h4>A landlord with a four-bedroom property i

Famous landlord to pay �166,000 legal costs after losing court claim

Famous landlord to pay �166,000 legal costs after losing court claim

News

Multi-millionaire landlord Judith Wilson (main picture, inset) has been hit with a �166,000 court bill after losing a legal battle against Tonbridge and Malling Borough Council. Wilson, wife of the controversial Fergus, who was once dubbed Britains

VIDEO: 'Best landlord in UK' gives unusual advice to other investors about profits

VIDEO: 'Best landlord in UK' gives unusual advice to other investors about profits

News

Treat tenants like customers and stop thinking about profit if you want to make a success of property investing - thats the advice of lettings and landlord professional Tom Soane, who boasts that its made him the 'best landlord in the UK'. Your property is a product, te

Landlords across UK given more time to find out about licencing launches

Landlords across UK given more time to find out about licencing launches

News

Councils have been given three months longer to launch selective licencing schemes, new Government guidance has revealed. An update to the Department of Levelling Up, Housing and Communities advice to local authorities considering or planning a selective licencing scheme has

NEW: Former rental properties now account for 11% of homes for sale

NEW: Former rental properties now account for 11% of homes for sale

News

More than 1 in 10 (11%) homes for sale on Zoopla are former rental properties after private landlords faced with tax changes and higher borrowing costs have rationalised their portfolios or quit the market. Before the pandemic, half of these homes for sale returned to th

MORTGAGES: Worried landlord tells BBC how his payments have tripled

MORTGAGES: Worried landlord tells BBC how his payments have tripled

News

Paul Bradley, a landlord with a single rental property in North London, has told the BBC how the ongoing mortgage crisis has seen his monthly interest-only loan payments triple over the past 12 months. His case illustrates vividly the significant challenges that the approximatel

Tenant Referencing Failures Surge Amid Cost-of-Living Crisis

Tenant Referencing Failures Surge Amid Cost-of-Living Crisis

News

Rising cost of living causes tenant referencing pass rates to drop from 35% to 25%, increasing rental risk for landlords, reports Housing Hand.

Powerless councils could make or break reforms, says Labour MP

Powerless councils could make or break reforms, says Labour MP

News

A Labour MP has called on the government to extend notice periods from two to four months to prevent landlords from unjustly evicting tenants. <figure id="" class="w-richtext-figure-type- " data-rt-type="" data-rt-align=""><div><img src="https://cdn.prod.website-files.com/63bef2f3c329eff8e3

Licencing scheme off to weak start after only a third of landlords register

Licencing scheme off to weak start after only a third of landlords register

News

Only one-third of Oxfords private rental properties have been registered for its city-wide selective licensing scheme and could soon face steeper fees or a hefty fine. The scheme, which launched last September, has received more than 10,500 licence applications from the 3

Landlord pleads with council to consider HMO tenants as housing shortages bite

Landlord pleads with council to consider HMO tenants as housing shortages bite

News

An https://www.landlordzone.co.uk/news/braverman-under-pressure-to-reverse-outrageous-new-hmo-rules-for-asylum-seekers/" HMO landlord says desperate new tenants are moving in hours after the previous tenants leave due to a dearth of available properties. In he

'Despicable fraudster' gets eight-year ban for stealing landlords' deposits and rent

'Despicable fraudster' gets eight-year ban for stealing landlords' deposits and rent

News

A letting agent who ripped off dozens of landlord clients has been banned from being a company director for eight years. https://www.landlordzone.co.uk/news/letting-agent-who-stole-80000-from-dozens-of-landlords-admits-fraud/" Frank Smart , 46, the owner of Sma

Landlords encouraged to sell this month as property prices rise by 0.2%

Landlords encouraged to sell this month as property prices rise by 0.2%

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In a market where interest rates are sky high, tax bills are extortionate and mortgage payments are higher than rents, coupled with a backlog of refurb costs and difficult tenant situations, landlords are rushing to cash in and sell their property portfolios. If you were a landl

REFORM: 'We need legislation that works with landlords, not against them'

REFORM: 'We need legislation that works with landlords, not against them'

News

With one in five households now renting, the private rented sector is an essential part of the housing market. As the government has reduced its housebuilding strategy for all local authorities from mandatory to advisory, with some councils scrapping targets all together, the ho

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Sub-letting Leasehold

Sub-letting Leasehold

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Sub-letting leasehold - I want to rent out my leasehold flat but the managing agent says the freeholder wont allow it. I know that other flats in the block are rented out, so what can I do? Landlords usually prohibit sub-letting to safeguard the interest.Landlords usually prohibit sub-letting

Renting to a 17 year old

Renting to a 17 year old

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What are the implications of renting to a 17 year old or someone who is under the age of 18? We have an application from a 17-year old that is keen to rent but Im not sure this would be legal?</h2> Many landlords and housing providers would be concerned and therefore refuse to let to

Rent Review

Rent Review

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Question - Rent Review - my landlord is asking for far more rent than I expected on review. Am I obliged to pay this?Answer - Commercial leases are contractual - the parties agree to and are bound by its clauses and that includes rent review provisions.The rent review process is a way of periodic

Re-selling Energy

Re-selling Energy

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Re-selling Energy - As a landlord am I able to make a profit by re-selling electricity or gas?</h2>Resale of Gas and ElectricityThe maximum amount that Residential Landlords or resellers� are permitted to charge for gas or electricity is the amount they

Providing a Reference

Providing a Reference

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Providing a Reference - I have been asked to provide a reference for one of my tenants who is moving on. What is my legal position in this and am I putting myself at risk if I say he was a bad tenant?</h2> Referencing (seeking verification of a tenants past performance) is an increasi

Polystyrene Ceiling Tiles

Polystyrene Ceiling Tiles

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Polystyrene Ceiling Tiles - is it legal to have these tiles in the kitchen of a rental property?</h2> There are currently no regulations specifically banning the use of polystyrene ceiling tiles in existing rented property.However, it is unlikely that local authority fire officers and en

Misrepresentation

Misrepresentation

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Misrepresentation - We recently rented out our rural cottage to a couple. As they wanted to use their computers I said it was possible to get high-speed broad-band. I thought this would be possible but it seems it is not at this time. The couple are now claiming that I misled them and that

Mail for Previous Tenants

Mail for Previous Tenants

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I'm receiving mail for previous tenants and some of them are from debt collectors. Will this get my property black listed and cause problems for my current tenants and myself in the future?</h2> It's fairly common to have mail arriving for months and even years after residents have left,

Long Term AST

Long Term AST

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Long Term AST - My prospective tenant has asked for a tenancy term of 6 years. Can I use the usual Assured Shorthold Tenancy agreement for this?</h2> The Assured Shorthold Tenancy is the default tenancy for residential lettings and since October 2010 this applies to rents up to �100,000

The conundrum landlords face - providing for EV charging points

The conundrum landlords face - providing for EV charging points

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They are “plugged out”; why tenants are struggling to charge their electric vehicles

NEW: Student accommodation now most popular investment among landlords

NEW: Student accommodation now most popular investment among landlords

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Universities are a key driver of BTL activity and lending as more landlords choose to invest in areas with large student populations.

Tenant hospitalised 'indefinitely' after admitting landlord's murder

Tenant hospitalised 'indefinitely' after admitting landlord's murder

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A former tenant who murdered her landlord and stabbed his cat to death has been given an indefinite hospital order.

Rogue gas-fitter jailed over dangerous work at property

Rogue gas-fitter jailed over dangerous work at property

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Antony Clifton, 52, was sentenced to 46 weeks in custody after he carried out the work while falsely claiming to be a member of the Gas Safe Register

Big Northern council takes another step towards HMO restrictions

Big Northern council takes another step towards HMO restrictions

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County Durham hopes to restrict HMO conversions across the county amid fears that rising numbers are impacting communities.

Elderly and problem tenants rehomed as landlord celebrates “success” in selling 5 buy–to–lets

Elderly and problem tenants rehomed as landlord celebrates “success” in selling 5 buy–to–lets

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Landlord Sales Agency turned tough landlord sales around fast. Five tricky properties sold in under 28 days.

MPs call for 'ban' on landlords demanding guarantors

MPs call for 'ban' on landlords demanding guarantors

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MPs are continuing to push the government to prevent landlords from making guarantor requests.

BTR 'not more expensive than private landlord properties' - CLAIM

BTR 'not more expensive than private landlord properties' - CLAIM

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New figures have busted the myth that build-to-rent (BTR) homes are pricier than the PRS for many tenants.

Many lettings agents 'unprepared for renting reforms'

Many lettings agents 'unprepared for renting reforms'

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A surprising number of lettings agents are in the dark about the reforms set to transform the sector under the Renters’ Rights Bill.

Tenants dig deep to raise funds for major homelessness charity

Tenants dig deep to raise funds for major homelessness charity

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mydeposits’ Total Property platform has raised a staggering £300,000 for youth homelessness charity Centrepoint since its launch last May.

Extraordinary revival in buy-to-let borrowing revealed

Extraordinary revival in buy-to-let borrowing revealed

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New official buy-to-let lending figures have revealed an extraordinary revival in the landlord market.

Council chief slams landlords who 'take advantage of low housing supply'

Council chief slams landlords who 'take advantage of low housing supply'

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Comments are made after landlords in the city is ordered to pay £10,000 after ignoring HMO licensing conditions for a property.

Landlord who joked about evading licensing must pay tenants £17,500

Landlord who joked about evading licensing must pay tenants £17,500

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A landlord who asked his tenants to only shower once a week and limit cooking to light meals has been landed with a £17,574 Rent Repayment Order.

New shadow housing secretary James Cleverly has landlord track record

New shadow housing secretary James Cleverly has landlord track record

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The private rented sector now has a new champion for their sector in the form of James Cleverly, who has been appointed shadow secretary for housing.

Labour warned renting reforms will do 'more harm than good'

Labour warned renting reforms will do 'more harm than good'

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Comments made by Conservative housing spokesperson in Lords as Renters' Rights Bill nears becoming law.

Landlords win latest round in long-running licensing battle

Landlords win latest round in long-running licensing battle

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Luton Council is to face yet another legal challenge in its attempt to introduce a long-delayed selective licensing scheme.

Landlord slams council for 'unfair' approach to licensing fees

Landlord slams council for 'unfair' approach to licensing fees

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Benefits landlord Mick Roberts has slammed Nottingham Council for its inflexible stance on licensing fees for homes he’s trying to sell.

Councils to get “snap inspection” powers to check your property

Councils to get “snap inspection” powers to check your property

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The government is to hand councils the power to carry out secret inspections on private rental properties

Landlords accused of trying to 'sabotage' rent control plans

Landlords accused of trying to 'sabotage' rent control plans

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Tenants in Scotland have been told to fight back against private landlords by urging MSPs to keep their commitment to robust rent controls.

Campaigners call for complete overhaul of tenant deposits system

Campaigners call for complete overhaul of tenant deposits system

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Generation Rent has called for a complete overhaul of the deposit system amid claims that it is failing renters and lining landlords’ pockets.

Yet another council says HMOs 'magnets for crime and bad behaviour'

Yet another council says HMOs 'magnets for crime and bad behaviour'

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One councillor's 'slum' comments have spurred several industry figures to fight back against poor perception of HMOs.

Leading figures slam delays faced by landlords using County Courts to evict

Leading figures slam delays faced by landlords using County Courts to evict

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Law Society chief and evictions expert say reforms are too late, too little and won't reduce evictions case backlog.

Proactive council helps at-risk tenants find homes

Proactive council helps at-risk tenants find homes

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A council-run scheme to help people facing homelessness access private rented homes is proving a success.

Landlords face uncertainty amid evolving rental policies

Landlords face uncertainty amid evolving rental policies

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Total Property sponsored the Landlord Investment Show, highlighting landlord concerns over the government's removal of pet protections in rental laws,

Stop 'destructive' interfering in Scottish PRS says agent

Stop 'destructive' interfering in Scottish PRS says agent

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Scotland’s new Housing Secretary has been warned not to push rent controls over housing growth.