First time buyers remain better off owning than renting an equivalent home, Lloyds Bank says, but the gap is narrowing. Its latest Owning vs Renting Review reveals that owning a first home now costs �971 a month, four percent less than renting at �1,013.
The government failed to offer long-term support for energy efficiency improvements or increase the Local Housing Allowance in a Budget which instead focused on getting the country back to work. Chancellor Jeremy Hunt extended support for energy bills at current levels of �2,50
In this in-depth private rented sector legislation special, Eddie and Paul are joined by David Smith, head of property litigation at JMW Solicitors. The discussion kicks off with the recent landmark Rakusen v Jepsen rent repayment order case, where David represented the NRLA and which, he e
Youve made the decision to sell, and beat the market drop and increased costs. But where do you turn? Estate Agents can get you a high price, but theyll take far too long. Auctions can sell super-fast, but you might be compromising on price. <figure id="" class="w-richtext-figure-t
Generation Rent is calling on the government to extend Awaabs Law to the PRS after its survey found 1,106 private rented homes in England with dangerous levels of damp and mould. A Freedom of Information request by the campaign group found that the 65 councils which reported
Eddie Hooker, Chief Executive of insurance company the HFIS Group, has called for action to combat the murky end of the rent-to-rent market. Talking during an video interview with LandlordZONE , Hooker said action was needed to increase transparency w
A tenancy mediator has warned landlords that they or the experts they hire - risk being jailed for contempt of court by not using a regulated solicitor to fill in possession notice claim forms. PRS Mediations Julie Ford (pictured) says that under the L
An 80-year-old disabled woman is being evicted from her home after more than 60 years because her property wont pass tighter new EPC rules, a case which is believed to be the first of its kind. Thoresby Estate which owns Anne Marshs property in Edwin
Increasing the Local Housing Allowance would be the quickest way for the government to improve access to affordable homes, say housing charities. According to analysis by the Institute for Fiscal Studies (IFS), in 37 local authorities, the gap between market rents for three-bedr
The director of a property management firm has been fined more than �25,000 after dangerous electrics were discovered at an HMO in Northampton. West Northamptonshire Council issued a warrant in May 2022 after tenants raised concerns about the property in Lutterwor
Landlords in the North East have complained that a rubber stamped selective licencing scheme is a pure waste of time� and that they are fed up being taxed in this way�. The comments concern Middlesborough councils plans to extend its licencing scheme in the ce
Landlords will be looking for more government support to make energy efficiency improvements while hoping for some tax burden relief in the upcoming Budget. With EPC deadlines looming, many want greater incentives to back up the https://www.gov.uk/apply-boiler-upgrade-s
A new How to Rent guide will come out on Friday (17th March) which landlords in England must serve at the start of any new tenancy or renewal. The new guide forms part of the prescribed information landlords must issue, and if they dont
Scottish MSPs have voted through a rent cap and extension of the eviction ban until 30th September. The rent cap for private sector tenancies will increase to 3% from 1st April under the amendment to the https://www.gov.scot/publications/cost-living-ten
All HMO landlords in Worcester will soon have to buy a licence if councillors back a new additional licensing scheme. The city has operated an additional scheme since September 2015 but amended it in 2020 to cover only the wards of Arboretum, Bedwardine, Cathedral and St Clement
Landlords have been left out of measures announced today designed to support mortgage holders during the cost of living crisis. The guidance, which has been issued by the Financial Conduct Authority (FCA) updating borrowers responsibilities to their existing mortgage holders,
A landlord who tried to claim that he was the superior landlord of an unlicensed HMO has failed in his bid to avoid paying a Rent Repayment Order. In the first RRO case since the landmark�
The British Property Federation (BPF) has called on the government to zero rate VAT on building repair and maintenance to incentivise essential upgrades across the residential sector or risk missing its 2050 net zero target. In the run-up to next weeks Budget, it says the
Long Term AST - My prospective tenant has asked for a tenancy term of 6 years. Can I use the usual Assured Shorthold Tenancy agreement for this?</h2> The Assured Shorthold Tenancy is the default tenancy for residential lettings and since October 2010 this applies to rents up to �100,000
Question: How long should accounts be kept to satisfy the authorities, things like accounting files, invoices and tax records, as a property landlord?Answer: You must keep your records for 6 years after the tax year to which they apply, whether or not you complete a tax return.It's a good idea, a
Expiry of Section 21 Notice - I have served a Section 21 (s21) Notice on my tenant but don't wish to start proceedings immediately. Can I wait without the notice expiring?Once a Section 21 notice has been served correctly it continues indefinitely, until such time as the tenancy is ended, either
Covenant and Covenant Strength - What is a legal covenant and what is the significance of the terms in relation to rental property and lettings ?</h2>The term covenant can have several meanings and has biblical origins but it is of particulalry significance
2 years ago I purchased a company with a 10 year lease from my ex boss, on a 10 year lease, the lease was set up by a solicitor. After 2 years the business is struggling and is not viable. I feel that my solicitor ill advised me as there was no break clause mentioned. Where do I stand on t
Good Left in the Premises or Uncollected GoodsFrequently, tenants leave goods after their tenancy has concluded or when they have abandon the premises during a tenancy. Uncollected goods and possessions left or abandoned in premises by tenants can pose a real problem for landlords.
<h1 Standing Order</h1>What are Bankers' Standing Orders?</h3><ul <li Standing Orders allow landlords to automate the process of collecting rents</li> <li They safeguard tenants in that the landlord cannot change the payment amount, as is the case with direct debit
The Possession Procedure - 1988 Housing ActThe possession procedure under Section 8 of the Housing Acts 1988 & 1996 is known as the Section 8 Route and is available to landlords where the tenant is in breach of one or more terms of
Renting or Leasing Commercial Property Renting commercial property usually represents a major part of the operating costs involved in running any business. If you include surveyor's and solicitor's fees, rent, business rates, insurance,
North East Landlords has rebranded as GB Landlords as it expands its reach into the capital ahead of its first London event.
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.
A young landlord from London has won the first heat of Paul Shamplina’s Mastermind-style competition at the National Landlord Investment show.
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?.
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.
Landlords in Gloucester face a council crackdown if they fail to properly look after their properties.
Chancellor Jeremy Hunt has promised to pay the previous top rate of capital gains tax (CGT) when he sells his seven rental properties.
The Tories’ flagship rental housing sector reforms are on the ‘brink of collapse’, it has been claimed.
An infamous rogue landlord has been ordered to pay £39,000 for renting out a dangerous, rodent-infested HMO.
Holiday let owners are bracing themselves for the impact of an end to the Furnished Holiday Lettings (FHL) tax regime.
Two landlords have been ordered to pay a whopping £597,000 bill following a long-running legal battle with Camden Council.
Safe as houses: exploring landlord responsibilities and best practices for secure, compliant rental properties.
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 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.
As the UK government struggles to help landlords facing tough financial situations, landlords have rallied together to help themselves.
Landlords received a surprise hand-out from Chancellor Jeremy Hunt when he cut the higher rate of Capital Gains Tax from 28% to 24% in today's Spring statement.
Labour’s shadow chancellor Rachel Reeves has backed the expansion of a selective licencing scheme within her local constituency.
Since October 2003 tenants have been obliged, as a tenant of a commercial or residential leasehold property, to formally register the lease with the Land Registry
Short-let property owners in Cornwall, Edinburgh and Westminster had the most bookings in the UK last summer.
Smaller landlords need as much protection as tenants, a Lords committee inquiry into the regulation of property agents has been told.
Holiday let owners are being unfairly scapegoated in the guise of controlling rising house prices and availability, according to one holiday rental agency.
Liverpool City Council and Merseyside Police have stepped in to help a landlord evict his nightmare tenant.
The Government is doing too little to support the student landlords and many places are short of accommodation for second- and third-year graduates, a new poll has found.
Almost 22,000 homes may have been lost in Scotland during the last year due to perceived hostility towards landlords and concerns over increasing regulation.
An absentee landlord who used the excuse of not speaking good English and delegated property management to a family member has been stung with a £20,700 rent repayment order.
