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EXCLUSIVE: Conveyancer reports big drop in landlords buying BTL properties

EXCLUSIVE: Conveyancer reports big drop in landlords buying BTL properties

News

The number of BTL investors buying properties has plummeted in the last six months while long-term landlords are selling up, according to one large conveyancing firm. Basildon-based https://pcslegal.co.uk/" PCS Legal

Business ratepayers will have to report any changes, and annually, under new bill...

Business ratepayers will have to report any changes, and annually, under new bill...

News

The Non-Domestic Rating Bill going through Parliament (House of Lords) will require business ratepayers to report any changes and also report annually to the Valuation Office Agency (VOA). These changes to the operation of business rates will apply to all organisations responsib

BLOG: Why abolishing Section 21 isn't all bad news for landlords

BLOG: Why abolishing Section 21 isn't all bad news for landlords

Opinion

Yesterday I spoke to a room of 200 anxious landlords. The uncertainly surrounding the Renters (Reform) Bill really has whipped the housing market into a frenzy with landlords serving notices, selling up and exiting the sector in their droves.  The mere thought of Sect

TURMOIL: NatWest reveals rate rises for fixed-rate landlord mortgages

TURMOIL: NatWest reveals rate rises for fixed-rate landlord mortgages

News

��Lender NatWest has been called out by commentators after it announced significant increases to its landlord mortgages. The bank, which is till 38% Government owned, announced late yesterday that it was increasing the interest rates it charges on a range of home loans, includ

Report reveals unstoppable march of BTR into private rented sector

Report reveals unstoppable march of BTR into private rented sector

News

Report finds London has 38,600 Build‑to‑Rent homes plus 34,100 more in pipeline, transforming the capital’s rental market.

Landmark rental deposits case reveals world of 'fake' short-lets

Landmark rental deposits case reveals world of 'fake' short-lets

News

Tenant groups in Scotland have called for councils to clamp down on landlords who rent out properties under the guise of holiday lets. <figure id="" class="w-richtext-figure-type- " data-rt-type="" data-rt-align=""><div><img src="https://cdn.prod.website-files.com/63bef2f3c329eff8e3a4af45/6

Investors rush to convert office space as homeworking re-shapes the marketplace

Investors rush to convert office space as homeworking re-shapes the marketplace

News

According to the Financial Times (FT), property investors have pumped around �2bn into converting under-used and unwanted London office space as the trend to Working from Home (WfH) continues, and as it looks like becoming an embedded employment practice in many inner city o

FINES: Repeat offender to pay £49,000 over HMO safety failures

FINES: Repeat offender to pay £49,000 over HMO safety failures

News

A management company has been ordered to pay out more than £49,000 for fire safety failures at an HMO. Monsoon Properties Ltd admitted breaches relating to a range of issues at the flat in Londons Tavistock Place, including inadequate fire detection system, obstructions to t

MARKET: High rents consign younger tenants to the house of mum and dad

MARKET: High rents consign younger tenants to the house of mum and dad

News

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

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Average rental prices in London drop, but rise across the whole of Britain

Average rental prices in London drop, but rise across the whole of Britain

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Rents in London have dropped compared to a year ago, while Britain as a whole has seen values rise.

As if landlords don’t have enough to worry about – here’s another risk...

As if landlords don’t have enough to worry about – here’s another risk...

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There’s an issue with the safe disposal of Vapes - disposal in normal household bins has been identified as a fire risk

Landlord fined £43K for renting rodent-infested flats and blaming tenants for disrepair

Landlord fined £43K for renting rodent-infested flats and blaming tenants for disrepair

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News
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A landlord has been fined more than £43,000 for renting unsafe and rodent-infested flats - but blamed tenants for the disrepair.

Growing appeal of commercial property among landlords

Growing appeal of commercial property among landlords

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News
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Growing numbers of landlords are moving into commercial property amid fears that the residential market is too challenging.

Landlords to be fined if their tenants don’t keep their rubbish under control, warns council

Landlords to be fined if their tenants don’t keep their rubbish under control, warns council

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News
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Sefton Council has threatened to get tough on private landlords if they don’t help tenants keep their rubbish under control.

Landlords less likely to win appeals again improvements notices after tribunal ruling

Landlords less likely to win appeals again improvements notices after tribunal ruling

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News
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Landlords are less likely to win their appeal against an improvement notice following an Upper Tribunal ruling.

Renters’ Rights bill “won’t impact landlords’ profits”, insists tenant referencing firm

Renters’ Rights bill “won’t impact landlords’ profits”, insists tenant referencing firm

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News
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The Renters’ Rights Bill won’t impact private landlords’ profits or slow rising rents, according to tenant referencing company FCC Paragon.

Landlord ordered to pay £11K in fines and costs after misleading tenants

Landlord ordered to pay £11K in fines and costs after misleading tenants

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News
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A landlord who hoodwinked her student tenants into paying higher deposits has been ordered to pay more than £11,000 in fines and costs.

Average monthly rents in Britain increase to £1,332, official figures reveal

Average monthly rents in Britain increase to £1,332, official figures reveal

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News
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The average rent in Britain increased by 7.7% to £1,332 in the 12 months to March this year, official figures have revealed.

Half capital's short let owners flout law to boost income

Half capital's short let owners flout law to boost income

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News
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The government has been urged to clamp down on central London’s short let sector after new research found at least half were being rented out unlawfully.

Give landlords more time to improve EPC or risk rental shortages, says bank

Give landlords more time to improve EPC or risk rental shortages, says bank

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News
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A proposed 2030 deadline won’t give landlords time to get their properties to EPC C and could cause them to quit, according to Paragon Bank.

Landlord pays a high price for ignoring HMO rules - £11,000

Landlord pays a high price for ignoring HMO rules - £11,000

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News
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A landlord who failed to license his unsafe and overcrowded HMO has failed in his bid to have a £11,000 fine dismissed.

GUIDE: What to do as energy costs go through the roof

GUIDE: What to do as energy costs go through the roof

Information
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Energy costs are a major concern for landlords and tenants. Save on energy consumption and make your tenants’ homes more comfortable

HMO landlords 'culpable' as council tackles fly-tipping epidemic

HMO landlords 'culpable' as council tackles fly-tipping epidemic

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News
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A leading London council has revealed plans to clamp down on HMOs and the ‘fly tipping’ and rubbish their residents create, and has pointed the finger at both landlords and letting agents for not doing enough to stop the problem.

Minister says 'more powers to regulate holiday let landlords' may be needed

Minister says 'more powers to regulate holiday let landlords' may be needed

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News
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Housing minister Matthew Pennycook has hinted that extra powers to stop holiday lets and second homes may be needed - including planning permission.

Big London council launches 'tenants' rights' charter

Big London council launches 'tenants' rights' charter

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News
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Westminster City Council has launched a tenants’ charter aimed at helping private renters better understand their rights, improve living standards, and access support services.

Landlord fighting licensing 'overeach' urges YOU to get behind new petition

Landlord fighting licensing 'overeach' urges YOU to get behind new petition

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News
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A Portsmouth landlord has launched an online petition in a bid to stop councils using heavy-handed criteria when designing selective licensing schemes.

Is this councillor offering Britain's most generous landlord deal?

Is this councillor offering Britain's most generous landlord deal?

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News
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Private landlords are being offered attractive letting and leasing deals by the Royal Borough of Greenwich in a bid to tackle its housing crisis.

Landlords to get access to 'expanded boiler upgrade scheme'

Landlords to get access to 'expanded boiler upgrade scheme'

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News
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Landlords could get more choice about what type of energy efficient upgrades they fit in their properties under the government’s Warm Homes Plan.

HMRC warns landlords off CGT avoidance schemes and closes loopholes

HMRC warns landlords off CGT avoidance schemes and closes loopholes

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News
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HMRC has made the unusual step of warning landlords not to use widely-routed tax avoidance schemes which it says are being marketed to buy-to-let investors as a way to save Capital Gains Tax.

Seven out of ten tenants haven’t heard of the Renters’ Rights Bill

Seven out of ten tenants haven’t heard of the Renters’ Rights Bill

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A whopping 69% of renters haven’t heard of the Renters’ Rights Bill and 75% don’t understand how it might impact them, a new survey has revealed.

Bailiffs under pressure: The ripple effects of the Renters’ Rights Bill

Bailiffs under pressure: The ripple effects of the Renters’ Rights Bill

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News
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The Renters' Rights Bill is set to to overhaul the eviction process, with bailiffs increasingly under pressure.

House prices dropped in April as buyers paid thousands more in stamp duty

House prices dropped in April as buyers paid thousands more in stamp duty

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House prices dropped in April as buyers paid thousands more in stamp duty, it has been revealed.

Courts are not ready for the Renters’ Rights Bill, it was declared in the House of Lords this week

Courts are not ready for the Renters’ Rights Bill, it was declared in the House of Lords this week

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The court system isn’t ready for the Renters’ Rights Bill, it was declared in the House of Lords this week.

Two out of five landlords to leave the market, survey predicts

Two out of five landlords to leave the market, survey predicts

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News
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A worrying 39% of landlords will probably exit the market within the next five years, according to the latest poll.

Only 9% of properties sold by landlords in Scotland return to the private rented sector

Only 9% of properties sold by landlords in Scotland return to the private rented sector

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Only 9% of properties sold by landlords in Scotland in a recent 12-month period returned to the private rented sector, a new survey has found.

Only a fifth of landlords are prepared for new mandatory sanctions checks

Only a fifth of landlords are prepared for new mandatory sanctions checks

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News
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Only a fifth of landlords and letting agents feel prepared for the new mandatory sanctions checks on all landlords and tenants.

Landlords investing in mixed-use property in bid for higher returns

Landlords investing in mixed-use property in bid for higher returns

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News
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More landlords are investing in mixed-use properties in their quest for more robust returns.

Average asking rent of a property outside of London jumps to new record £1,349 a month

Average asking rent of a property outside of London jumps to new record £1,349 a month

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The average asking rent of a property outside of London has increased to a new record £1,349 a month, new data reveals.

Housing market begins to "cool" amid higher number of properties for sale

Housing market begins to "cool" amid higher number of properties for sale

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News
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The number of homes for sale has reached a new height as demand among house hunters “cools”, it has been revealed.

COMMENT: How do you get started investing in property?

COMMENT: How do you get started investing in property?

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How do you get started investing in property? A recent post on our LandlordZONE Forums got me thinking about this question

Tenants in Buckinghamshire fork out for the highest rents in the country

Tenants in Buckinghamshire fork out for the highest rents in the country

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Tenants in Buckinghamshire fork out for the highest rents in the country - even more than those living in London’s prime SW7 postcode.

Paragon Bank launches cheapest buy-to-let five-year fix in almost three years

Paragon Bank launches cheapest buy-to-let five-year fix in almost three years

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News
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Paragon Bank has launched its cheapest buy-to-let five-year fix in almost three years, becoming the latest lender to offer landlords more attractive deals.

London Renters Union protest against “slumlords”

London Renters Union protest against “slumlords”

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London Renters Union protested against “slumlords” in the capital at the weekend, calling for housing justice for all.