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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

Majority of landlords will have to raise rents next year 'by at least 10%'

Majority of landlords will have to raise rents next year 'by at least 10%'

News

Almost two-thirds of landlords (62%) will be forced to raise rents by at least 10% in the next 12 months if market conditions dont improve. Research by Aldermore Bank found that despite this, landlords feel conflicted about passing on costs in an alread

Legal & General reveals �5 billion investment in housing last year, including BTR.

Legal & General reveals �5 billion investment in housing last year, including BTR.

News

Legal &amp; General Capital helped fund more than 17,000 new homes across affordable housing, suburban build-to-rent (BTR), modular housing, traditional build-to-sell, and key worker homes last year. The insurance group invested �5 billion towards levelling up the UKs towns

TENANT BLOG: What I think of the Government's looming renting reforms

TENANT BLOG: What I think of the Government's looming renting reforms

News

If you havent heard of it before, the Renters' Reform Bill is set to be voted on before May 2023, bringing with it a plethora of proposed changes for landlords and tenants alike. Shelter , who along with other organisations are cam

BREAKING: Landlords cry foul over council's HMO planning rules change of mind

BREAKING: Landlords cry foul over council's HMO planning rules change of mind

News

Long-term HMO landlords in Portsmouth risk losing their C3/C4 status with no chance of getting it back due to confusion over planning rules, it is claimed. Many took advantage of the option to switch between family use (C3) and HMO (C4) without needing planning permission in 201

COMMENT: My top 10 priorities for landlords in 2023

COMMENT: My top 10 priorities for landlords in 2023

News

The rental sector is likely to see some of the biggest changes since the 1980s, so do your homework and keep yourself up-to-date. All the signs are that operating as a residential landlord in 2023 will be just as challenging as it was last year, if not more so here are my to

HONOURS: Leading property sector figure Kate Faulkner awarded OBE

HONOURS: Leading property sector figure Kate Faulkner awarded OBE

News

Leading property sector figure Kate Faulkner has been given an OBE in the New Years Honours List. Faulkners honour is for her involvement with landlords, estate agents and consumers including her work leading the property industry Home Buying and Selling Grou

Commercial landlords are 'left in the lurch'� as more business tenants go bust

Commercial landlords are 'left in the lurch'� as more business tenants go bust

News

The worst fears of a commercial landlord are realised when the flow on quarterly or monthly rent payments starts to dry up! Read on to find out what to do if you're faced with this. According to the latest available Office of National Statistics (ONS) figures, the number of comp

RISING panic reported among student landlords over plans for open-ended tenancies

RISING panic reported among student landlords over plans for open-ended tenancies

News

The NRLA has backed the growing number of student landlords 'panicked' by the Governments plans to bring in periodic or open ended tenancies across the private rental sector. Concern is widespread within the student community, new research reveals, with 84% saying they

Landlord launches petition to bring back mortgage interest tax relief for BTL

Landlord launches petition to bring back mortgage interest tax relief for BTL

News

A landlord in the Midlands has launched a parliamentary petition calling on the Government to reverse its Section 24 tax changes for landlords, which since 2017 has gradually removed their ability to claim mortgage interest rate against their tax liability. Announced by George O

Is yours one of them? 64% of PRS properties 'will not reach minimum EPC in time'

Is yours one of them? 64% of PRS properties 'will not reach minimum EPC in time'

News

Nearly two-thirds of private rental properties wont reach proposed minimum EPC levels, according to new research. Data compiled for property data platform LandTech shows that 64% of private rental properties would fail to reach an EPC rating of C or abo

BREAKING: HMRC completely rejigs and delays MTD scheme for landlords

BREAKING: HMRC completely rejigs and delays MTD scheme for landlords

News

Only landlords with property incomes over £30,000 will now need to comply with HMRC's looming https://www.gov.uk/government/publications/making-tax-digital/overview-of-making-tax-digital" target="_blank" Making Tax Digital (MTD) https://www

Abolishing Section 21 is 'sledge hammer to crack a nut' says property chief

Abolishing Section 21 is 'sledge hammer to crack a nut' says property chief

News

One of Londons leading property management figures has said the Governments plans to abolish section 21 evictions is a sledge hammer to crack a nut and not an effective solution to the issue of bad landlords within the private rented sector. The comments come from An

Scots Minister shows 'blatant disregard' for landlords with higher BTL stamp duty

Scots Minister shows 'blatant disregard' for landlords with higher BTL stamp duty

News

Landlords in Scotland have been hit with a stamp duty rise as the government strives to raise additional revenue. It announced legislation in the Budget statement to increase the rate of the Additional Dwelling Supplement from 4% to 6% for second home buyers and buy-to-let landl

BREAKING: 'Rent Smart Wales' style scheme revealed for Welsh holiday lets

BREAKING: 'Rent Smart Wales' style scheme revealed for Welsh holiday lets

News

The Welsh Government wants to know what landlords who operate holiday accommodation in the country think of its proposed regulation of the sector. Following a https://www.landlordzone.co.uk/news/breaking-labour-and-plaid-cymru-to-jointly-force-through-rent-controls-in-w

WARNING: Spray foam can lead to refused mortgage applications

WARNING: Spray foam can lead to refused mortgage applications

News

In September the Government announced a �2bn plan to offer home insulation grants of up to �5,000 per household in England. This is to be known as the https://www.gov.uk/guidance/apply-for-the-green-homes-grant-scheme" target="_blank" Green Homes Grant and has replaced

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UK records highest commercial property rent collections since 2019

UK records highest commercial property rent collections since 2019

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The UK has recorded the highest 21-day commercial property rent collection rates since the start of the pandemic

Is your area included? 2024 sees record 25 licencing schemes begin

Is your area included? 2024 sees record 25 licencing schemes begin

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News
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2024 looks set to become a record-breaking year for landlord licensing, with 25 new schemes and consultations launched so far across the UK.

'Grotesque' tenant who illegally sub-let is jailed

'Grotesque' tenant who illegally sub-let is jailed

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A tenant who claimed she had cancer and masqueraded as a private landlord to swindle would-be tenants out of rental deposits, has been jailed.

Join the wonderful world of the landlord webinar

Join the wonderful world of the landlord webinar

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NRLA training takes many forms, with in-person, eLearning and eClassroom courses all popular. But what of the webinar? With tens of thousands of landlords signing up - and even the housing minister getting on board - Kitty Ellison, NRLA Head of Training explains more.

BREAKING: Leaked Labour report proposes 'rent caps' for England

BREAKING: Leaked Labour report proposes 'rent caps' for England

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A leaked report commissioned by the Labour party into the private rented sector has recommended that rents be capped in England if the party gains power.

Landlords welcome "great news” as clever selling strategies see an increase in profits

Landlords welcome "great news” as clever selling strategies see an increase in profits

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Landlords welcome “great news” as clever selling strategies see an increase in profits

Section 21 evictions ban will take a long time to be implemented says expert

Section 21 evictions ban will take a long time to be implemented says expert

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Some landlords will be able to continue serving Section 21 notices under the Renters Reform Bill, says one property expert.

Letting agents who ripped off landlords brought to justice

Letting agents who ripped off landlords brought to justice

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News
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A pair who traded fraudulently and defrauded victims out of at least £24,000 through letting and rental scams have been sentenced.

Landlords warned over evictions paperwork ahead of landmark judgement

Landlords warned over evictions paperwork ahead of landmark judgement

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News
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Landlords have been urged to ensure their tenants sign when receiving any important documents ahead of a key court ruling.

Letting agents report landlords quitting 'in droves' ahead of reforms

Letting agents report landlords quitting 'in droves' ahead of reforms

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Letting agents across the UK have expressed fears about landlords quitting in their droves ahead of the Renters’ Rights Act.

CLAIM: 'Insurance is only way to solve the pets-in-lets problem'

CLAIM: 'Insurance is only way to solve the pets-in-lets problem'

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A pet campaigner has warned that it will be a travesty if the government fails to overturn a House of Lords decision to reject plans for pet insurance

Landlord warns new red tape will reduce rental supply

Landlord warns new red tape will reduce rental supply

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Landlords in Guernsey have warned that new minimum standards brought in this week to make rental homes safer will spark a PRS exodus.

Adding value to your property is the key to investment success 

Adding value to your property is the key to investment success 

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News
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One tried and trusted way to maximise profit is to buy undervalued property, you can then compound the gain by adding value

REPORT: Landlord exodus already impacting market

REPORT: Landlord exodus already impacting market

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News
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Scores of landlords leaving the sector are exacerbating a significant lack of rental properties

Former housing watchdog chief says build-to-rent 'the future'

Former housing watchdog chief says build-to-rent 'the future'

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Long-standing MP Clive Betts is banging the drum for build-to-rent (BTR) through a taskforce that aims to boost the number of properties in the sector

Council leader says HMOs 'change the character of neighbourhoods'

Council leader says HMOs 'change the character of neighbourhoods'

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Warrington leader makes comments as council launches plan to rein-in HMO numbers within town.

Solicitor highlights 'holes' in Labour's renting reforms

Solicitor highlights 'holes' in Labour's renting reforms

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News
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Bethen Abraham highlights two areas of the Renters' Rights Bill that have yet to be clarified by Ministers.

Student landlords STILL being forgotten by Labour - expert

Student landlords STILL being forgotten by Labour - expert

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Paddy Jackman says sector's needs 'falling between' cracks as Government pushes ahead with renting reforms.

Judge highlights  unregulated eviction 'solicitors' problem

Judge highlights  unregulated eviction 'solicitors' problem

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News
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Court case highlights ongoing problem of legal firms that claim to be 'authorised' to help landlords evict tenants when they are not.

Generous property 'leasing scheme' for landlords goes national

Generous property 'leasing scheme' for landlords goes national

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Landlords across Wales can now take advantage of a scheme that lets them lease their property to the local council for up to 20 years.

'Cut stamp duty if you want to help end housing crisis'

'Cut stamp duty if you want to help end housing crisis'

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Scotland’s landlords have urged its government to pause additional stamp duty payments in a bid to alleviate its housing emergency.

Big NE of England town latest to reign-in HMO numbers

Big NE of England town latest to reign-in HMO numbers

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Darlington looks set to be the latest council bringing in tougher rules to control the growth of small HMOs.

Minister explains why pet damage insurance 'not needed'

Minister explains why pet damage insurance 'not needed'

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Minister explains why pet damage insurance will not be mandated, and says current deposit of five weeks 'enough'.

Criminal gang jailed for running cannabis farms across UK

Criminal gang jailed for running cannabis farms across UK

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A gang of cannabis farm operators, drug dealers and people smugglers have been jailed.

Big NW town latest to clamp down on HMO growth

Big NW town latest to clamp down on HMO growth

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Wigan council says rise in number of smaller HMOs within its borders means new powers to scrutinise new applications are needed.

Flipping now 'tricky' as higher taxes and lower price rises bite

Flipping now 'tricky' as higher taxes and lower price rises bite

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The practice of property flipping to make a profit is under serious threat from both higher tax and lower house price rises.

OPINION: Awaab’s Law is coming – be warned, it has serious implications for you!

OPINION: Awaab’s Law is coming – be warned, it has serious implications for you!

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Awaab’s Law: What it means for private landlords and the future of property standards

MPs in race to pass rental reforms before recess

MPs in race to pass rental reforms before recess

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The Renters' Rights Bill now looks more likely to be passed before the summer recess.

London council hikes HMO licensing fees

London council hikes HMO licensing fees

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HMO landlords face paying out £1,570 for a licence when Camden Council renews its additional scheme in December.

England to get its own 'rent service' says housing minister

England to get its own 'rent service' says housing minister

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A new body will help decide rents in a bid to prevent over-loading the tribunal service with rent disputes.

Landlord fined £75K for illegally letting properties

Landlord fined £75K for illegally letting properties

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A landlord has been found guilty of illegally letting two ‘party flats’ after neighbours complained about excessive noise.

Tenant piles pressure on Labour to adopt rent controls

Tenant piles pressure on Labour to adopt rent controls

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Lobbying group says tenant Bridget Chapman's experiences of a sudden rent rise is proof controls are needed.

Minister gifts solicitors £20m pay rise to help tenants fight evictions

Minister gifts solicitors £20m pay rise to help tenants fight evictions

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The Government has increased its support for tenants who face eviction as its looming reforms bring in greater rights for private

Landlord fined £10,000 after ignoring requests to license property

Landlord fined £10,000 after ignoring requests to license property

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A landlord who thought he could ignore council warnings over his property has been fined £10,000.