A new Parliamentary petition has been set up urging the government to ditch plans to remove assured shorthold tenancies. The LandlordZONE reader, who has a portfolio of properties in Yorkshire and Lancashire, was prompted to take action as he fears it could be the final nail in
Confusion surrounds the governments plans to introduce https://www.landlordzone.co.uk/news/blog-will-the-looming-pets-in-lets-rules-prove-pervasive/" pets in lets measures, with conflicting messages coming from the DLUHC. It has confirmed that the new
With increasing costs, inflation hovering around the 10 per cent mark and mortgage rates approaching 6 per cent theres lots of talk about increasing rents. Many landlords are unable to absorb these extra costs without going into losses, so for them theres little choice, th
This year our economy, regulations and taxes were the final straw that led landlords rushing to sell off their portfolios to beat the market drops, mortgage versus rent gaps a
May has brought more bad news for some landlords with the Nationwide Building Society reporting a 3.4% drop in house prices in the year to May 23 and interest rates that are expected to rise to 5.5.% later this year.
Estate agents have called for landlords who advertise sex for rent to be banned from the PRS for life. In its response to the governments https://www.gov.uk/government/consultations/exchange-of-sexual-relations-for-accommodation-sex-for-rent#:~:text=The%20consultatio
Redbridge Council in North London has given the go-ahead for a new borough-wide additional HMO licensing scheme. The scheme extends licensing to all HMOs with three or more tenants forming two or more households after the authoritys consultation disco
The Halifax revealed today that house prices have fallen on an annual basis for the first time since December 2012, by 1%. This means the average house value has declined by �132 which may not sound a lot but represents a seismic change after years of ultra-low interest rates p
Property educators are being urged to collaborate, learn, and shape the future of property education at The Property Investors Bureau Property Educators Summit. The invitation-only industry event aims to improve standards, foster collaboration, and add value to their business by
Following our storyhttps://www.landlordzone.co.uk/news/breaking-evictions-grind-to-a-halt-as-bailiffs-reduce-workload-over-health-and-safety/" https://www.landlordzone.co.uk/news/breaking-evictions-grind-to-a-halt-as-bailiffs-reduce-workload-over-health-and-safe
Persistent home working is affecting office occupancy rates and is leading commercial tenants to fail to renew their office leases. Ghost city streets have emerged post pandemic as occupancy rates hit a new low. In the UK it has been reported that these office space rates could
Last year saw worrying housing shortages in a number of university cities in the UK. In Leeds we were turning away larger than usual numbers of students at the back end of the summer as there were simply no rooms available. Even before the proposed changes under thehttp
The Welsh Government has launched a consultation on fair rents and adequate housing within which housing minister Julie James (main picture) reveals she is considering rent controls. The https://www.gov.wales/sites/default/files/consultations/2023-06/housing-adequ
Airbnb is to share data with the taxman on its hosts earnings going as far back as the 2017-18 financial year, a new warning on its website reveals. The information will help HMRC identify those making money from letting their properties without declaring it, who then face cr
A managing agent who failed to licence a property has had his appeal thrown out by a First Tier Property Tribunal. Taren Lamba tried to convince the judge that he was not in control of the property in Kenwood Road, London (main picture) by insisting that a
Illegal evictions and harassment by rogue landlords are increasing as tenants struggle to pay their rent and some landlords resort to criminal means to remove tenants as the court system falters and some landlords seek to exploit soaring rents, according to Safer Renting. Figure
In the third in a series of blogs for LandlordZONE on rental reform, Sean Hooker , Head of Redress at the https://www.theprs.co.uk/" <em
Prospective tenants flooding into London this summer along with the continued shrinkage in property numbers is set to create one of the most competitive rental markets ever seen. May bank holiday is when many 12-month and 18-month tenancies come to an end, explains Adam
More than 5,000 leaseholders including landlords could get refunds on their ground rent after the Competition and Markets Authority (CMA) secured assurances from nine firms that bought freeholds from housing developer Taylor Wimpey. Those leaseholders who paid a doubled
More councils are set to introduce Article 4 directions in a bid to clamp down on HMO development, with six currently waiting for approval. There are already about 45 local authorities in England partly or entirely affected by Article 4 which means planning permission is nee
A new landlord survey has revealed the effects of the Government's proposals to ban Section 21 evictions already feeding into the private rented sector. Evictions specialist Landlord Action canvassed some 1,500 landlords and found that 26% of those who had evicted a tenant over
Its known as silly season when the media focuses on light-hearted stories, but news that Jacob Rees-Mogg (pictured) is being mooted as the new Levelling Up Secretary has been seen by some as no laughing matter. As the leadership contest draws to a close, preparations fo
Making tax digital (MTD) for income tax is part of the governments long-term strategy to digitalise tax and will have implications for how landlords pay tax on their income. For those used to self-assessment, it will represent a change, but providing digital records will give businesses
VAT on Commercial Property is a complex topic and anyone wishing to understand these complexities in relation to their own situation should seek specialist advice. This article should give a broad brush general overview but you really should seek advice because errors can be irredeemable an
A rogue portfolio landlord has been banned from letting properties for five years after she admitted multiple offences relating to fire safety issues. Naomi Knapp, a landlord with 34 properties in Bristol, was convicted of eight banning order offences and will now be added to th
Urgent regulation of the spray foam industry is needed to prevent making thousands of homes un-mortgagable, warn leading property groups. Sprayed polyurethane expanding foams are often used in lofts, either to stabilise a failing roof covering or to provide extra insulation. But
Portsmouths HMOs are in the firing line again as growing numbers are being referred to the Valuation Office Agency (VOA) to have their council tax bands reassessed. Rather than paying tax on the whole property, each room can be classified as a band A at a cost of �1,200, wit
Council leaders are the latest group to lobby Michael Gove over the Renters (Reform) Bill, urging him to extend notice periods for evictions from two to four months.
The group of rebel Tory MPs backing moves to make significant changes to the Renters (Reform) Bill has today published its comprehensive list of amendments, along with the full names of the 49 MPs within the group (see list at end).
A financial report has revealed Nottingham Council’s struggle to keep money raised from selective licensing ring-fenced.
The Government has delayed its already-announced reforms of the courts, making it even less likely that the UK’s County Courts will be ready to take on the extra work created by banning Section 21 evictions, it has been claimed.
The Government has taken on board a list of changes to the Renters (Reform) Bill requested by some 50 rebel Tory MPs, it has been reported
Collective landlord action can influence MPs and drive positive change in rental legislation.
The Government has admitted that the issuing of Biometric Residence Permits (BRPs), which are used by non-UK citizens to prove they have a right to rent properties, has been taking too long.
An absentee landlord has been stung with a £1.44 million penalty after he continually broke planning rules in a decade-long stand-off with Ealing Council.
Building 90,000 social homes a year will end the housing emergency and pay for itself within three years due to the wider economic benefits, according to a study by Shelter and the National Housing Federation.
Tom Entwistle passes on some thoughts on dealing with tenant selection and securing a good tenant-letting in the current economic climate
A former landlord has been ordered to pay a council tax demand dating back nearly 20 years.
A rogue landlord has been ordered to pay more than £9,000 for ignoring notices to improve his dangerous property.
Leeds Building Society has stopped lending to investors buying holiday lets in areas of North Norfolk and North Yorkshire in a bid to relieve pressure on local housing.
The quality of service provided by letting agents to landlords is under the spotlight again after an influential group within the Lords revealed it is to probe into the sector.
It has been confirmed over the weekend that a group of 49 ‘rebel’ Tory MPs are working hard have the Renters (Reform) Bill amended.
MPs have been given more details of the Government’s plans to clamp down on holiday lets in tourism hotspots following Michael Gove’s announcement this week.
Minimum energy efficiency standards (MEES) are not being enforced by overstretched councils who cannot keep any income they make from fines imposed for breaches.
Landlords will have to fork out an extra £460 to use the new Making Tax Digital for Income Tax Self-Assessment system.
Landlords who have used cowboy spray foam firms to insulate their properties are to be offered help by one of the main trade associations for the sector.
A staggering 94% of renters don’t have confidence in the government’s approach to housing, according to a poll by SpareRoom.
Salford Council wants new powers to help stem the growth of HMOs in the city.
Jacob Rees-Mogg has turned on Tory colleagues by labelling the Renters (Reform) Bill “desperate tinkering at the edges” which won’t help landlords or tenants.
A landlord who ignored a council’s enforcement notice to stop operating an HMO without planning permission has been told to return it to a ‘traditional family home’ or face a huge fine.
Opportunities for developers and investors in property will open up as new amendments are laid down.
It’s another week of news suggesting that landlords need to sell. If you’ve not yet considered cutting your loses, this might be the sign it’s time to exit the market, fast.
