After a huge amount of speculation in the press we can finally report what the new Labour Government has decided to do (and not to do) on the tax front
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.
Landlords face an ongoing buy-to-let investment challenge as a new report reveals that a third of all homes for sale in Britian have an EPC rating below a C.
A letting agent who allowed a criminal gang to use landlords’ empty flats to hide cash and drugs has been given a community sentence.
A rogue landlord who threatened to evict his tenant after she complained about dodgy utilities bills has been handed a huge court fine.
Landlords, tenants and letting agents are being asked to reveal their experiences of the private rented sector within a new national survey.
Insurance company Zurick UK warns that many Permitted Development (PD) conversions could become uninhabitable
Following the Prime Minister’s comments that he does not consider those who earn income from property as ‘working people’, TV star Paul Shamplina has said he does not agree, pointing out that many landlords work hard - and rarely for the 'millons' some activists claim they do.
The government should advise landlords to look at property location and an animal’s medical history when deciding whether to refuse pets, according to a campaigning animal charity.
Labour party figures’ desire to end tenant bidding wars is unworkable in practice, while unenforced legislation would not lead to any real improvement, according to a top property lawyer.
A legal expert has warned that an amendment to the recently-passed Leasehold and Freehold Reform Act that raises the 25% non-residential limit in collective enfranchisement claims to 50% will have serious consequences for mixed-use developments.
The NRLA is to drop the word ‘landlord’ from its strapline in a bid to change public attitudes of those who rent out and manage properties.
Guarantors in rental agreements provide financial security for landlords. Understand their role, responsibilities, and tips for both parties.
The Labour party has clarified that although it will seek to stop agents and landlords encouraging bidding wars, tenants will be allowed to make ‘voluntary’ higher offers above the original rental asking price.
The NRLA has backed Labour’s proposal to stop landlords and letting agents enabling ‘bidding wars’ by requiring them to advertise a proposed rent based on market rates, with bids above that figure prohibited.
Four tenants will share a £21,515 rent repayment order after they took their landlord to court for repeatedly failing to licence his HMO.
A landlord has been ordered to pay two former tenants £2,252 after a judge ruled that his letting agent agreement contravened the Tenant Fees Act.
Private renters want the next government to control the pace of rent rises, build more homes and increase their rights and protections.
The Local Government Association (LGA) has urged Minister to ignore rebel MPs’ calls for selective licencing to be replaced by the looming Landlord Portal.
The number of landlords instructing agents to rent properties has declined for a second quarter in a row, fuelling ongoing worries that the Government’s ‘anti-buy-to-let’ mood music is disrupting the market.
A landlord who blamed her agent and tenants for not telling her about a selective licensing scheme has been hit with a £10,572 rent repayment order.
If you are involved with Furnished Holiday Lets you are probably be aware by now that there are far reaching tax changes coming - what to do about them?
Total fines for London’s rogue landlords and agents have topped £10 million since the rogue landlord database launched in 2017.
Private landlords face a significant increase in competition from corporate operators within the rented sector as investors reveal a £17 billion, 60,000-home building programme concentrated on the South and Midlands.
It’s almost inevitable that court fees will have to rise considerably, and probably sooner than 2025/6 unless alternative funding is added direct from the Treasury, according to property lawyer David Smith.
Accreditation boosts tenant trust—discover how landlord schemes strengthen letting confidence.
London mayor Sadiq Khan has vowed to build 6,000 new ‘rent control’ homes across London if he’s elected for a third term in next month’s election.
Redbridge Council has gone live with its big new selective licencing scheme that applies to most private rented properties in 15 of the London borough’s wards.
Unite Students is poised to report rental income growth of at least 6% due to sustained demand, despite new visa rules affecting international students.
Landlords and property investors who buy privately-held multi-property portfolios in Wales are to lose another tax perk.
A leading landlord in the SW has slammed the Government’s ongoing assault on the private rented sector, saying the efforts of Michael Gove and his predecessors puzzle ‘honourable and decent’ operators like him.
Changes to income and Capital Gains Tax (CGT) that came in over the weekend could mean reduced investment in the PRS and insurance premiums, warns an insurance expert.
Paul Shamplina has assembled a panel of experts to run a training day this summer that will advise and coach landlords to navigate the tough economic and regulatory environment facing the privately rented sector.
Poorly insulated homes will be sent annual gas bills about £340 – around 50% - higher than those with a C-rated Energy Performance Certificate (EPC) under Ofgem’s latest price cap, new research has found.
Holiday let owners are facing a significant dip in bookings this year as the sector feels the effects of the cost-of-living crisis, poor weather and an increasingly saturated market.
The UK’s commercial property sector is experiencing challenges: high interest rates, inflation, lower property values, and liquidity problems for lenders and borrowers.
Some build-to-rent developments are increasingly falling foul of Rent Repayment Order (RRO) legislation, in a move away from its original aim to tackle poor HMOs, it has been claimed.
The Social Market Foundation has argued that fears about stricter regulations reducing the supply of rental properties are ‘overblown’.
A rented house which was transformed into a highly ornate classical ‘villa’ by its former tenant has been granted a Grade II listing.
The Green Party is unlikely to win many votes from landlords after launching its manifesto ahead of a General Election later this year and the May 2nd local elections.
A mother and son landlord duo are to repay their former tenants £15,000 in a case highlighting how the rent repayment order system can be very one-sided.
By now you’ve probably heard of Landlord Sales Agency, and our articles that suggest the market is in favour of landlords selling.
