Average house prices fell by -1.5% in December, while the annual growth rate dropped from +4.6% to +2.0%, according to the Halifax House Price Index. A typical property now costs �281,272 - down from �285,425 in November following six months of rapid growth during the firs
Propertymark has voiced fears that the governments ECO plus scheme risks excluding many landlords with low-rated properties. In its response to the Department for Business, Energy and Industrial Strategys consultation into the scheme to help fund home insulation, the indus
Cherwell District Council has pressed the government to urgently introduce the long-awaited Renters Reform Bill to help it rebalance the relationship between landlords and tenants. The north Oxfordshire authority has written to Housing Secretary Michael Gove asking him to bring
All non-domestic properties usually have their business property Rateable Value (RV) revalued every five years by the Valuation Office Agency. The next revaluation is due to take place on 1 April 2023. What is Rateable Value? The value is determined by the Valuation
The average cost of rent fell slightly during December, dropping 1.47% to �1,071, according to the latest Rental Index from https://www.goodlord.co/" Goodlord .<br><br>The South West saw the largest reduction of 2.68% to �1,066 while the only region to see an increase wa
Landlords should think carefully before attempting to remove good tenants who resist rent increases, advises https://www.landlordaction.co.uk/ Landlord Action founder Paul Shamplina - or risk replacing them with tenants who stop paying rent. If you have a
A letting agency boss has been hit with an 11-year ban after repeatedly abusing the https://www.landlordzone.co.uk/news/landlords-who-took-out-bounce-back-loans-given-six-month-breathing-space/" Bounce Back Loan scheme. Laszlo Szabo, the sole director of Letti
Almost two-thirds of landlords (62%) will be forced to raise rents by at least 10% in the next 12 months if market conditions dont improve. Research by Aldermore Bank found that despite this, landlords feel conflicted about passing on costs in an alread
Legal & General Capital helped fund more than 17,000 new homes across affordable housing, suburban build-to-rent (BTR), modular housing, traditional build-to-sell, and key worker homes last year. The insurance group invested �5 billion towards levelling up the UKs towns
If you havent heard of it before, the Renters' Reform Bill is set to be voted on before May 2023, bringing with it a plethora of proposed changes for landlords and tenants alike. Shelter , who along with other organisations are cam
Long-term HMO landlords in Portsmouth risk losing their C3/C4 status with no chance of getting it back due to confusion over planning rules, it is claimed. Many took advantage of the option to switch between family use (C3) and HMO (C4) without needing planning permission in 201
The rental sector is likely to see some of the biggest changes since the 1980s, so do your homework and keep yourself up-to-date. All the signs are that operating as a residential landlord in 2023 will be just as challenging as it was last year, if not more so here are my to
Leading property sector figure Kate Faulkner has been given an OBE in the New Years Honours List. Faulkners honour is for her involvement with landlords, estate agents and consumers including her work leading the property industry Home Buying and Selling Grou
The worst fears of a commercial landlord are realised when the flow on quarterly or monthly rent payments starts to dry up! Read on to find out what to do if you're faced with this. According to the latest available Office of National Statistics (ONS) figures, the number of comp
The NRLA has backed the growing number of student landlords 'panicked' by the Governments plans to bring in periodic or open ended tenancies across the private rental sector. Concern is widespread within the student community, new research reveals, with 84% saying they
A landlord in the Midlands has launched a parliamentary petition calling on the Government to reverse its Section 24 tax changes for landlords, which since 2017 has gradually removed their ability to claim mortgage interest rate against their tax liability. Announced by George O
Nearly two-thirds of private rental properties wont reach proposed minimum EPC levels, according to new research. Data compiled for property data platform LandTech shows that 64% of private rental properties would fail to reach an EPC rating of C or abo
Only landlords with property incomes over £30,000 will now need to comply with HMRC's looming https://www.gov.uk/government/publications/making-tax-digital/overview-of-making-tax-digital" target="_blank" Making Tax Digital (MTD) https://www
Tenants' campaigning group Generation Rent has slammed the NRLA for pushing the government to include one and two-person student shares in the new possession ground under the Renters’ Rights Bill.
Estate agents have urged the government to reduce its proposed £15,000 cost cap for landlords to make EPC upgrades to £5,000.
A retrofit firm boss has warned that ill thought-out EPC reforms risk misclassifying millions of homes, misdirecting public funds and delaying action on cold, inefficient homes.
Mansfield is the latest major district council to give the green light to selective licensing within its borders following a consultation last year.
Labouir's promise to build more homes including those for renters is in jeapordy as Rayner and the Chancellor battle it out over money.
The UK’s biggest private corporate landlord has predicted that rental housing shortages will worsen in the coming years – while it takes the place of smaller landlords.
Westminster City Council has given the go-ahead to a huge new selective licensing scheme covering 15 of the London borough’s 18 wards.
Landlords could face higher mortgage rates for longer after inflation jumped by more than expected last month to 3.5%.
A data gathering exercise by the Government has highlighted new and sometimes surprising facts about the UK’s landlords and their properties, including why a quarter are plannig to sell of properties over the next 12 months.
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.
Landlords in Portsmouth say vulnerable tenants are being unfairly displaced due to the council’s draconian additional licencing scheme.
A group of 30 Tory MPs have written to the Chancellor Jeremy Hunt warning that they may vote against the Government’s Leasehold and Freehold Reform Bill unless ground rents are abolished for both future and existing leaseholds.
Rent controls will undermine investment in Scotland’s PRS unless there is more long-term certainty, according to one leading lettings expert.
A landlord has avoided a £32,000 rent repayment order after a judge ruled his flat was at an address not covered by a licensing scheme, but only just.
Section 21 evictions reached record highs in 2023, with over 25,000 households facing homelessness, prompting calls for urgent reform.
The Green Party’s mayoral candidate in London has said she will bring in rent controls saying the time for ‘bold action’ has come.
Landlords have been promised fair compensation by a developer planning to bulldoze scores of homes on one of England’s most deprived housing estates.
Propertymark has urged London’s Mayor to crack down on short-term lets through licensing in a bid to tackle over-supply in the capital.
Troubled property development company Home Holdings has put another raft of HMOs onto the market in a bid to shore up losses.
The decision by George Osborne in 2015 to introduce a 3% additional stamp duty levy on landlords has seen a slump in the number of BTL properties bought in the Tory heartlands of Southern England.
A leading letting agent in Scotland has laid the blame for the country’s rental supply woes firmly at the feet of former Tenants’ Rights minister Patrick Harvie.
