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Will the last landlord to leave Scotland please turn out lights?

Will the last landlord to leave Scotland please turn out lights?

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Scottish landlords exit amid stringent regulations and taxation; experts warn of worsening housing shortages and increased homelessness risk.

Experts join forces to share knowledge and raise redress standards

Experts join forces to share knowledge and raise redress standards

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The Property Redress Scheme's (PRS) advisory panel has chosen experts from across the sector to join its new member panel. The UKs largest lettings redress scheme, covering more than 13,250 letting agency branches, launched the panels as new, open, and transparent forums to b

Bid to ditch stamp duty benefit for BTL investors thrown out by MPs

Bid to ditch stamp duty benefit for BTL investors thrown out by MPs

News

MPs have voted against an amendment to prevent a tax cut from applying to buyers of second and additional homes. During a debate on the Stamp Duty Land Tax (Reduction) Bill, Opposition Treasury Secretary Abena Oppong-Asare said that a clause which increases the threshold for peo

The average UK household will lose over �2,000 in income this year

The average UK household will lose over �2,000 in income this year

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According to a new report just out by the Resolution Foundation (RF), UK households face a torrid time in the coming months in what is going to be the worst cost-of-living crisis in living memory. Its the aftermath of a Covid pandemic that involved massive Government borrowin

Large fall in rent repayment cases as councils also scupper tenants' chances

Large fall in rent repayment cases as councils also scupper tenants' chances

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https://www.landlordzone.co.uk/news/judge-slams-arrogant-landlord-after-illegal-eviction-of-tenant-during-covid/" Rent Repayment Order (RRO) applications dropped significantly last year as tenants were put off by more restrictive Upper Tribunal and Court of Appeal decisio

Greater Manchester plea to sort out broken housing system

Greater Manchester plea to sort out broken housing system

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Housing groups across Greater https://www.landlordzone.co.uk/news/latest-manchester-landlords-given-last-chance-to-comment-on-licensing-expansion/" Manchester have urged MPs and local policymakers to step in and protect tenants from eviction, warning that the system is no

Commercial landlords struggle to see return on their investment

Commercial landlords struggle to see return on their investment

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Commercial capital property values fell 13% last year as rising interest rates impacted the sector, with industrial units taking the biggest hit. https://www.cbre.co.uk/" CBRE s monthly figures show values down 3% in December and annual total returns down by

Tenants forking out more for homes as rental price rises bite

Tenants forking out more for homes as rental price rises bite

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Private renters are facing an increase in housing costs, with rental price growth at its highest rate in the UK since records began in 2016. About a quarter (26%) of all renters (both private and social) surveyed between 7th and 18th December reported that their rent payments ha

BLOG: Ignoring deposit protection law can ruin some landlords - so seek advice

BLOG: Ignoring deposit protection law can ruin some landlords - so seek advice

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As landlords, we all know there is a wealth of legislation that we need to wrap our heads around to maintain compliance throughout the lifespan of a tenancy. Gas safety, energy efficiency, electrical safety, legionella risk assessments, insurances, prohibited payments, How to Rent, Right to

Landlords can no longer obstruct broadband upgrades

Landlords can no longer obstruct broadband upgrades

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New laws will make it easier for broadband companies to gain access to thousands of https://www.landlordzone.co.uk/news/latest-mps-gives-tenants-new-rights-to-have-high-speed-broadband-kit-installed-in-blocks/" blocks of flats across England and Wales. The Tel

Helping homeless to move on could be right up landlords' street

Helping homeless to move on could be right up landlords' street

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Landlords are being encouraged to donate the addresses of their vacant properties as part of a unique bid to stem homelessness. Dreamt up by architect Chris Hildrey, https://www.proxyaddress.co.uk/" ProxyAddress allows people to securely borrow a stable, donat

December dip makes small dent in rising house prices

December dip makes small dent in rising house prices

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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

Industry finds holes in energy scheme's bid to cut bills

Industry finds holes in energy scheme's bid to cut bills

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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

Get a move on with PRS reforms, council tells Gove

Get a move on with PRS reforms, council tells Gove

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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

Business rates revaluation 2023 will hit small retailers hardest

Business rates revaluation 2023 will hit small retailers hardest

News

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

Modest drop in rental costs heralds busy start to the year

Modest drop in rental costs heralds busy start to the year

News

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

Good relationships will make all the difference in a challenging year

Good relationships will make all the difference in a challenging year

News

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

Ban for letting agent who claimed £100K in Bounce Back loans

Ban for letting agent who claimed £100K in Bounce Back loans

News

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

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Plans to outlaw landlords who refuse to rent to tenants with children

Plans to outlaw landlords who refuse to rent to tenants with children

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Jersey has launched a consultation over plans to outlaw landlords who refuse to rent to tenants with children. Social security minister deputy Judy Martin hopes to amend the Discrimination Law 2013 to protect families looking for homes on the island, which currently doesnt pr

LATEST: Liverpool begins huge HMO licensing push

LATEST: Liverpool begins huge HMO licensing push

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Liverpool City Council has clamped down on HMO conversions as it launches a new assault on the private rented sector. Under a new Article 4 direction, any size home in the city centre will need planning permission to be converted into an HMO from 17th</s

BREAKING: Treat Hong Kong arrivals with care when checking Right to Rent, Minister warns

BREAKING: Treat Hong Kong arrivals with care when checking Right to Rent, Minister warns

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The government appears to have admitted it has concerns about landlords discriminating against the potential influx of Hong Kong residents. Home Office Minister Baroness Williams of Trafford advised landlords to be careful when doing Right to Rent checks on inbound Hong Kong res

Forum Q&A: Early termination fees & invoices explained

Forum Q&A: Early termination fees & invoices explained

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Early termination fees and invoice questions answered—your top forum concerns, sorted.

REVEALED: Why not all EPCs are created equally

REVEALED: Why not all EPCs are created equally

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Getting a good EPC rating is important for rentals to meet the MEES regulations, and in future even higher ratings will be demanded, but this can be a challenge for some landlords� Since October 2008, rental properties in England and Wales have been required to

How safe are classified sites? Another tenant scammed by fake landlord

How safe are classified sites? Another tenant scammed by fake landlord

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A tenant has been scammed by a Gumtree advertiser who stole more than �2,000, leaving her facing homelessness. Mum-of-four, Shirley Jones, from Coventry, fell for the flat rental scam after answering the advert for a three-bedroom home in Nuneaton that was available to rent on

LATEST: Government's annual housing benefit bill rises to �30 billion

LATEST: Government's annual housing benefit bill rises to �30 billion

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The government is expecting to spend and eye-watering �30 billion on housing benefit for tenants this year, DWP minister Will Quince has told parliament. This figure is �8-10 billion more than the Office for Budget Responsibility https://obr.uk/forecasts-in-depth/tax-

BREAKING: 'Half of tenants would take out pet insurance against damage', says expert

BREAKING: 'Half of tenants would take out pet insurance against damage', says expert

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Half of all tenants who want to rent a home with their pet would be prepared to take out specialist insurance to cover their landlord against damage, a leading campaigner has revealed. Jennifer Berezai of AdvoCATS has researched an in-depth report into whether there is an appeti

Six month tenancy notice made permanent in Wales

Six month tenancy notice made permanent in Wales

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Legislation has been passed in Wales that extends the amount of notice landlords must give to their tenants, from the two month s21 period, to six months. The Renting Homes (Amendment) (Wales) Bill means (because notice cannot be served within the initial term) that the minimum

MPs tell Government to protect landlords from rogue agents

MPs tell Government to protect landlords from rogue agents

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The government has been urged to stop “sitting on its hands” and bring forward changes to protect tenants, leaseholders and landlords from poor practices in the lettings industry.

DIY lettings service for landlords launches with big promise

DIY lettings service for landlords launches with big promise

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A new DIY lettings service for landlords should help Hello Neighbour fulfil its ambition of becoming the biggest letting agent in England, according to co-founder Richard Jenkins.

Council closes HMO after surprise visit reveals nightmare property

Council closes HMO after surprise visit reveals nightmare property

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A landlord who rented out his unlicensed, seven-bedroom HMO to 13 tenants has been ordered to pay £3,000.

Rent rises reflect cost tracking, not profiteering

Rent rises reflect cost tracking, not profiteering

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Landlords' rent increases reflect rising mortgage rates and operational costs, not profiteering, amid a challenging property market.

MPs urge Ministers to 'sort out' Local Housing Allowance rises

MPs urge Ministers to 'sort out' Local Housing Allowance rises

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Landlord and tenant groups have welcomed proposals by MPs on the Work and Pensions Select Committee to introduce an annual ‘uprating guarantee’ to the Local Housing Allowance (LHA).

REFORMS: Many landlords have 'no idea what's about to hit them'

REFORMS: Many landlords have 'no idea what's about to hit them'

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Propertymark poll reveals only 18% of landlords understand the Renters (Reform) Bill; 52% find official guidance insufficient.

Landlord warns: "sell now” as Government urged to further reduce PRS

Landlord warns: "sell now” as Government urged to further reduce PRS

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The Guardian suggests that Government may start to veer towards a “surprisingly simple solution to the UK housing crisis” which could see them squeeze landlords further, blaming them for the current housing crisis affecting home-buyers.

Report reveals £45 billion contribution landlords make to economy

Report reveals £45 billion contribution landlords make to economy

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A new report published today claims that 390,000 jobs rely on the private rented sector as critics of the sector, including the Guardian newspaper, have called for it to be shrunk or abolished entirely.

UK's only city-wide licencing scheme 'gets tough' on landlords

UK's only city-wide licencing scheme 'gets tough' on landlords

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Landlords in Oxford who fail to sign up to the city’s licensing scheme are being threatened with fines and enforcement action after a year of relative ‘grace’.

REPORT: Will lower inflation lead to lower BTL mortgage rates?

REPORT: Will lower inflation lead to lower BTL mortgage rates?

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Falling UK inflation could herald some good news for BTL landlords over the coming months, according to mortgage experts.

A reminder for landlords that electrical safety checks are mandatory

A reminder for landlords that electrical safety checks are mandatory

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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)

Court approves tough bankcruptcy limits on 'property guru'

Court approves tough bankcruptcy limits on 'property guru'

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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.

Tenant pockets £5,000 from Tribunal after realising HMO was unlicenced

Tenant pockets £5,000 from Tribunal after realising HMO was unlicenced

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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.

Spring Budget shortfalls: What was missing for landlords?

Spring Budget shortfalls: What was missing for landlords?

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Budget fails buy-to-let landlords – tax reliefs slashed and housing crisis ignored, despite CGT cut and NI tweaks.

Murder conviction bars landlord from running rental properties

Murder conviction bars landlord from running rental properties

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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.

Escalating 'housing emergencies' are Government's fault, say Scots letting agents

Escalating 'housing emergencies' are Government's fault, say Scots letting agents

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Letting agents have blamed poor Scottish government policies for the growing number of councils declaring ‘housing emergencies’.

Heat pumps still 'too expensive' warns national spending watchdog

Heat pumps still 'too expensive' warns national spending watchdog

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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.

90% of landlords reject Scottish rent control plans, official poll reveals

90% of landlords reject Scottish rent control plans, official poll reveals

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Vast majority of landlords have flatly rejected future widespread rent control across Scotland, in a new Holyrood survey.

Landlord fined after tenant harrassment revealed in court

Landlord fined after tenant harrassment revealed in court

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A landlord has been ordered to pay £2,500 in fines, compensation and costs after he admitted harassing two of his tenants.

Will landlord MPs stymie the Rental (reform) Bill?

Will landlord MPs stymie the Rental (reform) Bill?

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Momentum appears to be growing to torpedo the controversial legislation as evidence emerges that the Bill is ‘close to collapse’ in Parliament.

Should a good rent payment record count towards a mortgage application

Should a good rent payment record count towards a mortgage application

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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 calls for big landlord regulation push in Wales

Generation Rent calls for big landlord regulation push in Wales

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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.

80% of landlords say banning Section 21 evictions 'a mistake'

80% of landlords say banning Section 21 evictions 'a mistake'

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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.

Hunt's Spring Budget hid 'stealth' tax grab on landlords via CGT rules

Hunt's Spring Budget hid 'stealth' tax grab on landlords via CGT rules

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Jeremy Hunt’s recent Spring Budget hid a ‘steal tax’ on landlords seeking to sell properties after April 1st, it has been claimed.

Time ticking away for Bill prompts fresh concerns

Time ticking away for Bill prompts fresh concerns

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Fears are growing that the government is going soft on its commitment to the Renters Reform Bill.