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UK Property Market Summary and Predictions for 2023

UK Property Market Summary and Predictions for 2023

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The UK property market has undoubtedly seen a tumultuous period since the end of 2022. Fluctuating statistics, record-breaking demand, falling supply, and concerning economic projections have left many scratching their heads and wondering: https://www.rw-inv

Need a hoover in a hurry? High-tech kiosk lends renters essentials

Need a hoover in a hurry? High-tech kiosk lends renters essentials

News

Residents of East Village's Build-to-Rent blocks can rent household essentials like vacuums and game consoles via TULU's smart kiosks.

Government targets cities and relaxes planning in bid to solve housing crisis

Government targets cities and relaxes planning in bid to solve housing crisis

News

A new https://www.landlordzone.co.uk/news/government-housing-policies-not-working-for-landlords-or-tenants-mps-are-told/" housing plan would allow shops, takeaways and betting shops to be turned into homes while homeowners would have greater freedoms to carry out property

Gove calls for EPC deadline reprieve to give landlords a break

Gove calls for EPC deadline reprieve to give landlords a break

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Housing Secretary Michael Gove has suggested a delay in bringing in energy efficiency plans for the private renter sector. Citing financial pressures on landlords, he told The Telegraph that the government should relax the pace of changes to

Landlord with OBE to pay £300,000 fine over 'appalling conditions' at properties

Landlord with OBE to pay £300,000 fine over 'appalling conditions' at properties

News

A veteran landlord with an OBE has been handed a whopping �300,000 fine after two decades of managing illegally converted houses. Nirpaul Riat was given one of the largest ever fines in Hounslow for managing 22 properties where vulnerable tenants lived in appalling conditions.<

Under-cooked Renters (Reform) Bill could be just 'much ado about nothing'

Under-cooked Renters (Reform) Bill could be just 'much ado about nothing'

News

One of the drawbacks of being labelled an expert is you are in demand for your expertise. It becomes your product and when stocks are running low, like we have all experienced when trying to find an egg in the supermarket at the end of the week for your Saturday morning cooked breakfast, th

PRS reforms make evicting rogue tenants more difficult

PRS reforms make evicting rogue tenants more difficult

News

After years of campaigning and lobbying by tenant groups the Government has committed to huge changes for landlords when evicting tenants.

Huge London selective licencing scheme given green light by Gove

Huge London selective licencing scheme given green light by Gove

News

Southwark Council has been given the green light for one of the UKs largest selective licencing schemes. It got approval from Housing Secretary Michael Gove following the introduction last year of a borough-wide additional licensing scheme for HMOs and a small, selective lic

Extra stamp duty clobbering Welsh landlords with �92 million extra tax take

Extra stamp duty clobbering Welsh landlords with �92 million extra tax take

News

Landlords and holiday homeowners continue to be clobbered by a tax grab from the Welsh Revenue Authority. The latest figures show revenue from the higher rate of stamp duty - Land Transaction Tax (LTT) - increased by 50% from �61 million in 2020/21 to �92 million in 2022/23 -

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City lauds highly unusual approach to 'non-compliant' landlords

City lauds highly unusual approach to 'non-compliant' landlords

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Liverpool Council has teamed up with the emergency services and HMRC to share intelligence and weed out 'non-compliant' landlords.

Mayor launches poster campaign urging tenants to report landlords

Mayor launches poster campaign urging tenants to report landlords

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A new poster campaign on the London Underground is urging travellers to report dodgy landlords.

REVEALED: Real reason why rental supply is dwindling

REVEALED: Real reason why rental supply is dwindling

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The number of buy-to-let properties bought by landlords as a percentage of all homes sales across the nation has sunk to its lowest level since records began.

South Coast councillors approve plan to crack down on HMOs

South Coast councillors approve plan to crack down on HMOs

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The South Coast seaside resort ofEastbourne is to crack down on the town’s growing number of HMOs andcouncillors are soon to make a decision on what to do.

COMMENT: Labour’s rental reforms, have they been watered down?

COMMENT: Labour’s rental reforms, have they been watered down?

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Labour’s rental reforms, has Labour's Rental Charter have they been watered down in the King's speech?

Enfield HMO landlords face licence fee hike

Enfield HMO landlords face licence fee hike

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Landlords in the London borough face paying an extra £174 for an additional HMO licence if plans get the green light.

Welsh tax grab plans could hammer PRS investment

Welsh tax grab plans could hammer PRS investment

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The Welsh government has been warned it risks reducing the supply of student accommodation if changes to tax reliefs are introduced.

Higher costs curb new student home building

Higher costs curb new student home building

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Fewer than 17,500 purpose-built student beds are expected to be added in the coming academic year, representing only 0.6% growth.

Labour’s Renters' Rights Bill to abolish section 21 in 2025

Labour’s Renters' Rights Bill to abolish section 21 in 2025

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The new Labour government won’t wait to improve the court system before abolishing Section 21, predicts a top property lawyer.

Landlords fail to avoid London borough's HMO clampdown

Landlords fail to avoid London borough's HMO clampdown

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Haringey Council is launching a new additional HMO licensing scheme despite limited backing from landlords and tenants.

Renters face growing struggle to pay rising rents

Renters face growing struggle to pay rising rents

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Rent-to-income ratios in the UK have reached unsustainable new highs, forcing renters to spend a third of their wages on rent.

One council goes against the grain with short-term lets

One council goes against the grain with short-term lets

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Northumberland council has refused owners consent to convert their short-term holiday let cottages into permanent private residences.

AI firm urges landlords to embrace 'snooping' sensors

AI firm urges landlords to embrace 'snooping' sensors

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Landlords in the South West are being encouraged to access technology that detects heat loss, draughts, damp and mould.

Landlord to pay £220,000 after illegally converting flat

Landlord to pay £220,000 after illegally converting flat

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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.

Big London council reveals carrots and sticks for landlords

Big London council reveals carrots and sticks for landlords

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Hackney Council has promised landlords financial support to stay in the PRS while beefing up licensing and getting tough on short-term lets.

Record number of landlords taking courses, says NRLA

Record number of landlords taking courses, says NRLA

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Record numbers of landlords pursuing training, says NRLA—upskilling on the rise.

Chancellor's tax grab set to make housing crisis worse - claim

Chancellor's tax grab set to make housing crisis worse - claim

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Abolishing Multiple Dwellings Relief will intensify problems of chronic undersupply in the property market, according to one tax expert.

Landlords reprieved from new empty homes crackdown

Landlords reprieved from new empty homes crackdown

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Landlords who are preparing a property to let or waiting to find a tenant will get a reprieve from empty homes council tax premiums.

Landlords begin returning to market in London

Landlords begin returning to market in London

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Landlords appear to be returning to the capital, with new instructions in February up 19% year-on-year, according to London agent Foxtons.

NE Landlords gets new look in push across UK

NE Landlords gets new look in push across UK

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North East Landlords has rebranded as GB Landlords as it expands its reach into the capital ahead of its first London event.

Tenant challenges highlighted in new ad response

Tenant challenges highlighted in new ad response

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I received 84 private messages in 24 hours to one advert for my property in the northeast - it's a stark indication of how demand is outstripping supply.

He's started so he'll finish! Tech expert is landlord whizz

He's started so he'll finish! Tech expert is landlord whizz

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A young landlord from London has won the first heat of Paul Shamplina’s Mastermind-style competition at the National Landlord Investment show.

One budget, one great shock to the furnished holiday let fraternity!

One budget, one great shock to the furnished holiday let fraternity!

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Owning a furnished holiday let (FHL) or second home in the country has long been the dream for many people - has the Government just ended that dream?.

Lincolnshire town to force 1,500 rented homes into licencing

Lincolnshire town to force 1,500 rented homes into licencing

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North Lincolnshire Council plans to introduce a selective licensing scheme in Scunthorpe to improve housing standards and protect communities from rogue landlords and anti-social tenants.

Historic town declares expensive war on poorly-run HMO properties

Historic town declares expensive war on poorly-run HMO properties

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Landlords in Gloucester face a council crackdown if they fail to properly look after their properties.

Chancellor makes unusual landlord tax promise on TV

Chancellor makes unusual landlord tax promise on TV

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Chancellor Jeremy Hunt has promised to pay the previous top rate of capital gains tax (CGT) when he sells his seven rental properties.

Tories' renting reforms are 'on the brink of collapse' - claim

Tories' renting reforms are 'on the brink of collapse' - claim

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The Tories’ flagship rental housing sector reforms are on the ‘brink of collapse’, it has been claimed.

PICTURES: House that led to £39,000 fine for rogue landlord

PICTURES: House that led to £39,000 fine for rogue landlord

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An infamous rogue landlord has been ordered to pay £39,000 for renting out a dangerous, rodent-infested HMO.

BUDGET: Full details of holiday lets changes explained

BUDGET: Full details of holiday lets changes explained

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Holiday let owners are bracing themselves for the impact of an end to the Furnished Holiday Lettings (FHL) tax regime.

Landlord duo to pay £600,000 after four-year enforcement battle

Landlord duo to pay £600,000 after four-year enforcement battle

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Two landlords have been ordered to pay a whopping £597,000 bill following a long-running legal battle with Camden Council.

Safe as houses

Safe as houses

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Safe as houses: exploring landlord responsibilities and best practices for secure, compliant rental properties.

Treasury says it wants 'landlords to quit sector'

Treasury says it wants 'landlords to quit sector'

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The Government wants more private landlords to sell their properties and exit the market, commentary within Jeremy Hunt’s Spring Statement briefing document has revealed.

Generation Rent calls for holiday lets to be licenced

Generation Rent calls for holiday lets to be licenced

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Generation Rent has called for even stronger action to be taken against holiday lets which it says have been “making life a misery” for renters in the UK’s most popular tourist destinations.

Could American “mega-landlords” buying portfolios be the lifeline British landlords need to get out?

Could American “mega-landlords” buying portfolios be the lifeline British landlords need to get out?

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As the UK government struggles to help landlords facing tough financial situations, landlords have rallied together to help themselves.