A recent RICS survey finds that interest rate hikes and cost of living pressures are beginning to weigh on sentiment. Credit conditions have deteriorated to such an extent that 43% of respondents to the RICS survey felt we're in early downturn.� Investor sentiment is steady, but the ma
HMRC has confirmed that landlords must file a capital gains tax (CGT) property return - even if the disposal has already been reported on a self-assessment (SA) return. The government introduced the requirement to report disposals of UK residential property and pay the subsequen
A leading poverty organisation has called for a radical overhaul of the private rented sector including a government-backed right to buy scheme for private renters. The Joseph Rowntree Foundation (JRF), which was founded by a Quaker philanthropist and sweets manufacturer i
Kettel Homes has launched the UKs first open market rent-to-own programme for first-time buyers who cant access traditional home financing. Under the scheme, Kettel buys existing freehold single-family homes between �125,000 and �400,000 outside London, charging first-ti
Landlords seeking to evict tenants face more delays when Section 21 notices are abolished, warns the boss of an insurance and referencing firm. Clogged courts and a shortage of judges and county-court bailiffs mean that cases are taking months to be heard, it is claimed. <p i
A rogue landlady has been convicted of illegally evicting tenants during a decade-long campaign of violence, theft and vandalism. Sohila Tamiz , of Flint Lane, Lenham, even helped organise a gang of 10 to douse one man in petrol and smash his teeth, the tri
A mortgage expert has urged landlords not to panic as buy-to-let mortgage rates continue to rise. <figure id="" class="w-richtext-figure-type- " data-rt-type="" data-rt-align=""><div><img src="https://cdn.prod.website-files.com/63bef2f3c329eff8e3a4af45/64cb992aa1ba8a68d7aa0638_dan-lee.jpeg"
A proptech firm is to spend �1 billion buying up 3,000 private rented properties with low EPC ratings around the UK, which it plans to retrofit and rent out on behalf of its backers. With many individual landlords threatening to quit the sector - faced with licensing schemes an
Forty per cent of privately rented homes in England are unlikely to achieve the energy efficiency rating target that is due to come into force in 2028. Trade organisation Propertymark says its analysis of the latest English Housing Survey shows that 60 per cent of the rental sec
A staggering one-third of landlords plan to quit the sector or do nothing to address energy efficiency failings if and when new EPC regulations kick in. Research carried out on behalf of Paragon Bank reveals that 21% of landlords would not carry out any necessary works to bring
The NRLA has played down landlords fears about new Government proposals to give tenants the right to request a pet. Speaking on the Radio 4 You and Yours programme, director of policy Chris Norris said many landlords werent too worried about the government
An official briefing document for MPs has underlined the contradictory position the government has manoeuvred itself into over landlords and letting agents who advertise properties as No DSS. The House of Commons Library document makes for interesting reading because, base
A landlord who defrauded HMRC out of almost �500,000 by keeping deductions from his employees wages has been jailed for three years. Michael Stainer, 74, (inset, main picture) was found guilty of two counts of cheating the public revenue and one of fraud by false representat
As temperatures in England and Wales soar this week, many office buildings will become unusable says real estate sustainability expert Chris Bennett of consultancy https://evoraglobal.com/" target="_blank" Evora Global - it should act as a powerful warning for real estate
An estate agency has claimed that the governments war on landlords will cost the private rented market some 46,000 this year, or some 3,800 every month. Hamptons , which has branches all over the UK, says its research confirms that, as LandlordZONE
With the cost of living crisis being the political issue of the day, and a political leadership contest underway, theres something of a hiatus in the way its being dealt with. But the situation is now quite urgent. Financial distress is now higher than during the pandemic.
After 20 years, landlord Sue quits the sector, citing frustration with anti-landlord sentiment and increasing regulatory burdens.
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
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
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
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
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 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
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
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
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
London’s private rented sector will become a more dangerous place for tenants if rebel MPs convince the government to ditch selective licencing, an influencial independent think tank has warned.
The British Property Federation has voiced concerns about government assurances of court reform progress ahead of scrapping no-fault evictions.
The NRLA has warned landlords who have set up limited companies to run their property portfolios that they will have prove they spend 20 hours a week managing their businesses to get the tax reliefs many hoped they would.
A subsidiary of one of the capital’s biggest landlords has been put on London’s rogue landlords register and fined £67,000 for breaches of HMO licence conditions.
A landlord has told councillors he will have to give up two properties after he failed to renew HMO licences before the expiry dates.
Holistic Hoarding has prevented 50 evictions in the last four years by working with tenants to address the causes of their mental health condition.
Abolishing leasehold is far from the easy process some of our politicians would have us believe – there are some powerful forces ready to counter the move.
Former Housing Minister Esther McVey has been claiming tens of thousands of pounds in Parliamentary expenses for renting a London flat, despite her husband owning a property a mile away, it has been claimed.
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.
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.
A landlord who rented out his unlicensed, seven-bedroom HMO to 13 tenants has been ordered to pay £3,000.
Landlords' rent increases reflect rising mortgage rates and operational costs, not profiteering, amid a challenging property market.
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).
Propertymark poll reveals only 18% of landlords understand the Renters (Reform) Bill; 52% find official guidance insufficient.
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.
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.
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’.
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.
Budget fails buy-to-let landlords – tax reliefs slashed and housing crisis ignored, despite CGT cut and NI tweaks.
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.
