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.
Manchester mayor Andy Burnham is to make a keynote speech at the NRLA’s annual conference in Birmingham next week.
Rents in purpose-built student accommodation (PBSA) continue to outpace HMOs, with foreign students particularly bolstering their growth.
First-time buyers are paying 20% less a month on their mortgage payments compared to what tenants pay in rent, new figures have revealed.
Nottingham benefits landlord Mick Roberts has slammed Barclays after it sent letters to 22 of his tenants, listing his monthly payments and erroneously alerting them that he is in mortgage arrears.
A rogue landlord duo has been fined more than £90,000 for safety offences that led to the death of one of their tenants in a fire.
Not all poor housing standards are in the private sector, many social landlords have problems reaching the new higher standards
House prices dipped by 0.1% in February, but annual growth held steady at 2.9%, with the cost of an average property down £213 to £298,602.
Letting agents have urged peers to listen to their concerns ahead of the Renters’ Rights Bill committee stage in the House of Lords.
A legal expert has warned that ditching the 20/20 rule around selective licensing will prompt more councils to launch or expand schemes.
Falling UK inflation could herald some good news for BTL landlords over the coming months, according to mortgage experts.
Until recently landlords only had to concern themselves gas safety checks - but now all residential landlords or their agents must arrange for regular electrical safety checks (every 5 years)
Infamous property guru Glenn Armstrong, who misled dozens of investors by promising to make them rich, has been handed tough bankruptcy restrictions lasting 12 years.
A tenant who discovered that his landlord had not licenced the HMO in which he lived is to pocket £5,000 after winning a rent repayment order (RRO) during a Tribunal hearing.
In what was likely his last Budget Statement before the next General Election, Jeremy Hunt announced his plans for tax, housing, and cost-of-living measures. Where did the Budget fall short for the private rented market (PRS)?
A landlord who was jailed for culpable homicide in 2008 has been refused permission to rent out flats in Glasgow, despite claiming he has taken ‘responsibility for his actions’ and moved on.
Letting agents have blamed poor Scottish government policies for the growing number of councils declaring ‘housing emergencies’.
Heat pump sales continue to be hampered by high costs, lown awareness and a lack of long-term financial support, the government’s spending watchdog has warned.
Vast majority of landlords have flatly rejected future widespread rent control across Scotland, in a new Holyrood survey.
A landlord has been ordered to pay £2,500 in fines, compensation and costs after he admitted harassing two of his tenants.
Momentum appears to be growing to torpedo the controversial legislation as evidence emerges that the Bill is ‘close to collapse’ in Parliament.
It used to be the case that renting was a temporary phase in a young persons life. It gave flexibility until their career settled down to a fixed employer and a fixed location. But todays property prices mitigate against this pattern. Many people are locked into renting fa
Generation Rent has urged the Welsh government to introduce an ombudsman for the PRS along with more grounds for rent repayment orders (RROs) in order to improve tenants’ lives.
The vast majority of landlords and letting agents view the Government’s plans to abolish Section 21 evictions as a mistake, a new report has revealed.
Jeremy Hunt’s recent Spring Budget hid a ‘steal tax’ on landlords seeking to sell properties after April 1st, it has been claimed.
Fears are growing that the government is going soft on its commitment to the Renters Reform Bill.
An increasing number of landlords and letting agents are falling foul of Right to Rent rules, with a big rise in fines handed out last year.
An HMO landlord and entrepreneur has secured £80,000 worth of funding on Dragons' Den for his thermostat business.
Haringey Council is launching a new additional HMO licensing scheme despite limited backing from landlords and tenants.
Rent-to-income ratios in the UK have reached unsustainable new highs, forcing renters to spend a third of their wages on rent.
Northumberland council has refused owners consent to convert their short-term holiday let cottages into permanent private residences.
Landlords in the South West are being encouraged to access technology that detects heat loss, draughts, damp and mould.
A rogue landlord firm which illegally converted a property into six flats and ignored an enforcement order has been ordered to pay more than £220,000.
Hackney Council has promised landlords financial support to stay in the PRS while beefing up licensing and getting tough on short-term lets.
Rising levels of national and local regulation across the UK have persuaded some 10.500 landlords to sign up for NRLA training, whether it’s technical safety knowledge, or how to deal with an anti-social tenant
