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Anti-money laundering legislation to apply to letting agents

Anti-money laundering legislation to apply to letting agents

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The Government thinks that the risk of money laundering taking place in estate agency is on the rise, especially in high-end lettings - the top 5% of lets in value. However, there is a lot of uncertainty as to the full scale of money laundering in lettings says ARLA Propertymark. <p id="

Case Law: planning law and the right to light

Case Law: planning law and the right to light

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In Beaumont Business Centres Ltd v Florala Properties Ltd (2020) the High Court considered the legal position regarding a serviced office providers right to light following an adjoining apathotel development. Beaumont Business Centres Limited took out an injunction against Fl

Test Case: Landlord's consent with mutual and absolute covenants

Test Case: Landlord's consent with mutual and absolute covenants

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In this case - Duval v 11-13 Randolph Crescent Ltd - reached the Supreme court in May 2020 after a tenant in a block of flats had requested the landlords consent for alterations, but disputed by another tenant in the same block, objecting to the landlord giving consent. Under

Why does it feel like the Tories have turned on landlords? Here's one answer

Why does it feel like the Tories have turned on landlords? Here's one answer

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Whatever their politics, many landlords are wondering why successive Conservative governments have proved to be so hostile to buy-to-investors, given its former party of the landlord moniker. This includes the 3% stamp duty increase, Section 24 tax relief reductions, the a

David Coughlin: how I escaped recession era Liverpool to build a 100-property portfolio

David Coughlin: how I escaped recession era Liverpool to build a 100-property portfolio

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David Coughlins journey from the son of an unemployed Bootle docker to a 100-property portfolio landlord is one of the private rental markets more extraordinary journeys. Now pushing fifty years old, it was in his mid-20s that he began investing in property. Co

Queen evicts couple over �32 bill, revealing Royal Household is exempt from evictions ban

Queen evicts couple over �32 bill, revealing Royal Household is exempt from evictions ban

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Landlords might feel slightly peeved to discover that the Queen is exempt from the current eviction ban. As a landlord, her Majesty rents out a number of Royal Household properties, but unlike every other landlord in the UK whos up against the evictions ban until next year, s

TV property tycoon rejects claim he's a 'notorious rogue landlord'

TV property tycoon rejects claim he's a 'notorious rogue landlord'

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Multi-millionaire property tycoon Andrew Panayi (pictured, above) has hit back at councillors who dubbed him a notorious rogue landlord�. Islington Council refused planning permission for a two-bedroom flat in Londons Caledonian Road, submitted by Panayi who infamously,

LATEST: Disappeared guest house investment couple re-emerge in Oz

LATEST: Disappeared guest house investment couple re-emerge in Oz

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A property investment guru couple who disappeared leaving disappointed participants in their investment schemes puzzled as to their whereabouts have popped up as spiritual leaders in Australia. Marta and Lloyd Smith - now known as Riya Loveguard and Aeron Lazar - ran Home

Landlords must 'go green' as government reveals gas boiler ban for rented properties

Landlords must 'go green' as government reveals gas boiler ban for rented properties

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The Government is to phase out gas by 2035 as part of its green ten-point plan announced this week, meaning millions of boilers across the private rented sector are on borrowed time. CEO of the Chartered Institute of Plumbing and Heating Engineering (CIPHE), Kevin Wellman, under

Reluctant landlords: cladding woes force owners to let out properties at a loss

Reluctant landlords: cladding woes force owners to let out properties at a loss

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Thousands of leaseholders are stuck in their flats because they cannot sell due to unsafe cladding installed on their high rise blocks. Sales are stalled because potential buyers cant obtain a mortgage until the defective cladding is replaced and the building declared safe by a specialis

Legal Case: Rogerson v Bolsover District Council '� landlord's liabilities

Legal Case: Rogerson v Bolsover District Council '� landlord's liabilities

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Landlords owe a duty of care to their tenants to make sure, as far as is reasonably possible, to be sure a property is safe, both at the commencement and during the course of a tenancy. This Court of Appeal case in 26 February 2019 relates to a council tenancy, though its implic

Watch out for parking space scammers, warns landlord

Watch out for parking space scammers, warns landlord

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Landlords are being warned to beware of scammers renting out parking spaces outside their properties following a expose on national radio. Landlord Simon Gallagher had to install bollards after someone began advertising his tenants driveway to commuters for �8 a day. <p i

Landlords renewing their licence in Wales MUST now complete regular property inspections

Landlords renewing their licence in Wales MUST now complete regular property inspections

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Welsh landlords renewing their licence with Rent Smart Wales after 23rd November now need to organise regular mandatory property inspections. The new condition - introduced&nbsp;by Rent Smart Wales for any new landlords&nbsp;signing up from 1st July and any rene

TRENDING: Struggling hotels begin converting into HMOs to survive

TRENDING: Struggling hotels begin converting into HMOs to survive

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A woman hoping to convert her 32-bedroom hotel into an HMO after being hit hard by Covid could spark a trend for more owners moving into the private rented sector. Andreani Ahooie, whos run the https://www.longviewhotel.com/" target="_blank" Longv

Warwick University accused of leaving 500 private landlords in the lurch

Warwick University accused of leaving 500 private landlords in the lurch

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Hundreds of landlords face trying to find new tenants for their student HMOs after the University of Warwick ditched its property management scheme. Under its Head Lease Scheme, landlords signed-over their houses to the university for years at a time for guaranteed rent, which

Legal Issue '� is the heating system in a rental property fit for purpose?

Legal Issue '� is the heating system in a rental property fit for purpose?

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Tenants may complain, or as in the following case, the councils inspectors may deem it to be the case, that the system supplied is inadequate for safe living. The Aldford Two LLP v Bristol City Council appeal (2010 Residential Property Tribunal - RTP) against an improveme

Landlords must now issue TWO Section 8 notices to get around 'crazy' eviction rules

Landlords must now issue TWO Section 8 notices to get around 'crazy' eviction rules

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Increasing numbers of landlords are being forced to issue a second Section 8 notice to tenants who have stopped paying their rent as the sector grapples with the crazy evictions rules in place now, it has been claimed. The UKs leading lettings industry trade body ARLA P

Zero to Hero: John Howard - how it all began

Zero to Hero: John Howard - how it all began

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John Howard has had a lot of fingers in different property pies over the past 45 years, working his way up from being the son an estate agent to a major figure within the property industry. As well as being a significant portfolio landlord he is also a developer and consultant,

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Free service launches that saves landlords energy costs during voids

Free service launches that saves landlords energy costs during voids

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A void energy solution and switching service for 'end of tenancy' promises to trim pounds from landlords bills. Empty rental properties incur a range of standing charges that average between 10p and 80p per day for electricity and from 5p to 60p per day for gas, averaging out

ELECTIONS: 'Get political and quiz candidates' landlords are told

ELECTIONS: 'Get political and quiz candidates' landlords are told

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Landlords should do their homework before voting in the local elections next week and take the chance to quiz candidates on issues affecting the PRS, advises Leaders Romans Group (LRG). It points to a number of pressing local issues which can be determined

WARNING: Landlords have just five weeks to comply with new Welsh renting laws

WARNING: Landlords have just five weeks to comply with new Welsh renting laws

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Landlords have until 1st June to comply with the new and relatively convoluted Rented Homes Wales legislation following its introduction last December. Under the new law, standard contracts have replaced assured shorthold tenancies a

Block managers under fire over 'large commissions' paid to them by insurance firms

Block managers under fire over 'large commissions' paid to them by insurance firms

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Companies selling multi-occupancy insurance will have to act in leaseholders best interests under new proposals from the Financial Conduct Authority (FCA). It is demanding new rights and protections to improve the transparency of the multi-occupancy leasehold buildings insura

EXCLUSIVE: Jersey landlord leader slams rent controls and 'open' tenancies plan

EXCLUSIVE: Jersey landlord leader slams rent controls and 'open' tenancies plan

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Jersey has launched a consultation into sweeping reforms including rent controls and open-ended tenancies,&nbsp;prompting fears that they could force more private landlords to quit the sector. The islands government aims to increase protections for both tenants and landlords

BREAKING: Government considers harsher penalties for 'sex for rent' landlords

BREAKING: Government considers harsher penalties for 'sex for rent' landlords

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A new law to crack down on predatory landlords who exploit vulnerable people for sex in return for free or discounted rent is being considered, Home Secretary Suella Braverman (main picture) has announced. Her department is seeking the views of victims, the police and charities

Mandatory five-year electrical checks are required

Mandatory five-year electrical checks are required

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There are heavy fines for those landlords who fail to have their rental properties tested by a qualified electrician before letting, and for existing tenancies, or if they fail to comply with any of the important recommendations made in a test report. The landlord will ordinarily have 28 da

Judge says landlords need licence clause in contracts

Judge says landlords need licence clause in contracts

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Tribunal judge warns landlords to include licensing update clauses in agency contracts to avoid fines for non-compliance with licensing requirements.

More landlords moving to limited companies as list tops 60,000

More landlords moving to limited companies as list tops 60,000

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The number of VAT and/or PAYE enterprises operating in the UKs residential and commercial rental sectors climbed 2% in the past year, despite the governments best efforts to deter investment. Analysis of government data by debt advisory firm https://siriusfinance.

Rebel MPs demand ground rents abolished for existing leaseholds

Rebel MPs demand ground rents abolished for existing leaseholds

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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 PRS' says expert

Rent controls 'will undermine investment in PRS' says expert

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Rent controls will undermine investment in Scotland’s PRS unless there is more long-term certainty, according to one leading lettings expert.

London landlord narrowly avoids refunding tenant £32,000

London landlord narrowly avoids refunding tenant £32,000

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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 increasingly being used by landlords to evict as ban looms

Section 21 increasingly being used by landlords to evict as ban looms

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Section 21 evictions reached record highs in 2023, with over 25,000 households facing homelessness, prompting calls for urgent reform.

'Time for bold action with rent controls has come' says mayor hopeful

'Time for bold action with rent controls has come' says mayor hopeful

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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 promised compensation as huge estate faces bulldozer

Landlords promised compensation as huge estate faces bulldozer

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Landlords have been promised fair compensation by a developer planning to bulldoze scores of homes on one of England’s most deprived housing estates.

Letting agents call for short-lets crackdown in London

Letting agents call for short-lets crackdown in London

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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.

Struggling HMO giant sells off more properties

Struggling HMO giant sells off more properties

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Troubled property development company Home Holdings has put another raft of HMOs onto the market in a bid to shore up losses.

Osborne's 3% extra stamp duty is reason for BTL buying slump

Osborne's 3% extra stamp duty is reason for BTL buying slump

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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.

'Scotland's fast-rising rents are the SNP/Green's fault'

'Scotland's fast-rising rents are the SNP/Green's fault'

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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.

Fugitive Midlands landlord faces long jail sentence

Fugitive Midlands landlord faces long jail sentence

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A rogue landlord and fugitive fraudster who intimidated his tenants is in jail after more than five years on the run.

Landlord fined for 'unlawfully profiting' from London flat

Landlord fined for 'unlawfully profiting' from London flat

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A landlord who used an agreement that tried to undermine her tenants’ rights has been fined a total of £5,800.

Protesters force South West council to evict their business tenant

Protesters force South West council to evict their business tenant

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Financially challenged Somerset Council has capitulated after a concerted campaign by protesters force it to abandon one of its business tenants

RICS survey shows signs of commercial property recovery

RICS survey shows signs of commercial property recovery

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Signs that the market is moving into a recovery phase, though there is still ample evidence that there remains a challenging backdrop. 

NEW:Landlords to face unimited fines if they illegally convert homes into HMOs

NEW:Landlords to face unimited fines if they illegally convert homes into HMOs

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New changes to planning rules mean rogue landlords who illegally convert HMOs could face an unlimited fine.

Scotland's 'rent controls tsar' Patrick Harvie loses power

Scotland's 'rent controls tsar' Patrick Harvie loses power

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The Scottish government has been urged to reverse its anti-landlord policies after the SNP ended their power-sharing agreement with the Greens.

MP's bill forcing private landlords to fix mould delayed AGAIN

MP's bill forcing private landlords to fix mould delayed AGAIN

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Private renters are most in need of Awaab’s Law due to the frequently worse conditions of mould in their homes, says Labour MP Fleur Anderson, who hopes to instigate stricter rules for the PRS.

'Ministers need to let landlords know when Section 21 is going'

'Ministers need to let landlords know when Section 21 is going'

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Figures across the private rented sector including TV star Paul Shamplina have warned that both tenants, landlords and letting agents need to know when the Section 21 eviction ban is going to take place.

Pro-landlord MP explains why he voted against renting reforms

Pro-landlord MP explains why he voted against renting reforms

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Conservative MP Anthony Mangnall voted against the Renters Reform Bill, warning that removing fixed-term tenancies could reduce housing supply.

Labour plans to ban Section 21 immediately 'would cause chaos'

Labour plans to ban Section 21 immediately 'would cause chaos'

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Abolishing section 21 as soon as the Renters Reform Bill gains Royal Assent would cause chaos in the sector and leave the statute book a “confusing mess”, according to the government.

MP's bid to make landlords pay tenants' moving costs rejected

MP's bid to make landlords pay tenants' moving costs rejected

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Conservative MP Natalie Elphicke failed to convince the government to include relocation payments for tenants and to restrict tenancy grounds in its Renters (Reform) Bill.

Government agrees not to scrap selective licencing when Portal goes live

Government agrees not to scrap selective licencing when Portal goes live

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Environmental health officers have won a concession from the Government after it agreed not to stop councils using selective licencing schemes once England’s national property portal launches.

MPs vote through renting reforms including landlord-friendly changes

MPs vote through renting reforms including landlord-friendly changes

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The Renters (Reform) Bill has been voted through its final stage in the Commons and, much to some MP's annoyance, containing several new concessions to landlords.

'Landlords and tenants need clarity on how new pets rules will work'

'Landlords and tenants need clarity on how new pets rules will work'

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Animal welfare charity Battersea has called for more details on what constitutes ‘reasonable grounds’ for refusing a tenant’s request to keep a pet, in the Renters Reform Bill.

Plans to let tenants move out at short notice will 'disrupt market'

Plans to let tenants move out at short notice will 'disrupt market'

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A leading build-to-rent firm boss has urged the government to approve an amendment in the Renters Reform Bill preventing tenants from ending contracts in the first six months – or face disrupting the market.