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
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
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
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
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 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
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
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
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
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
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
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
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
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
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
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
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
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
Commercial: A new set of mandatory rules introduced from 1stApril 2019 and though the document itself is titled a first edition, itsupersedes 3 previous editions published as codes of practice. The RICS (Royal Institution of Ch
Security: Renovating a buy-to-let property can be a great way for landlords to increase the rental income
Abandonment: When times get hard the instances of tenants leaving without notice are known to increase. Doing a runner�, skipping� moonlight flitting� walking away� or gone away� and in the words of the immortal song;
Tenancy Deposits: According to TDS (Tenancy Deposit Scheme) less than 1% (0.85%) of tenancies they handle have resulted in a deposit dispute in the year to March 2018, nevertheless its important to get it right when dealing with tenants' deposits.Cleaning was the most com
Viewpoint by Tom Entwistle As winter approaches outside temperatures drop and the perennial landlords problem of winter condensation and black mould rear their ugly heads again.The question is, how do you know if this is caused by the building or the tenant, or is it a co
Landlords' Tax: Internet sites, such as AirBnB, have increased the number of landlords letting to lodgers and to guests on short stays. There are specific tax benefits to this type of letting business which are expanded upon below.Furnished holiday letting</st
Section 21: Most tenancies will never require the service of a Section 21, Housing Act 1988, (eviction) notice. However, on those occasions when it does become necessary, and you just never know, landlords (and agents) will thank their lucky starts they complied with the rul
Asbestos:Asbestos regulations were last updated in 2012 , bringing the UK in line with EU regulations, which means the current regulations have been in place long enough for most
The Application Form You should always use a comprehensive Tenancy Application Form when taking on a new tenant. You need a completed application for each adult tenant in the property.The Tenancy application form is a very important starting point for any residential or comm
Build-to-rent (BTR) continues its seemingly unstoppable march across UK cities, with the British Property Federation reporting that 58,000 homes had detailed planning permission in Q4 2023, the highest number on record.
Landlords rush to sell before March deadline—rising taxes and market shifts driving exits.
A landlord has evicted all his tenants from an HMO after a man forced his way into the property with a chainsaw after hearing that his stepdaughter had been bullied by fellow residents.
A landlord who allowed cannabis farms to operate in 17 of his 72 properties as part of a multi-million-pound drugs operation has been jailed for 11 years.
A 30-year-old entrepreneur specialising in buy-to-let investment and lettings has been named one of the UK’s top young business people.
Private tenants in the South West will save hundreds on their energy bills following a council’s push to identify those with failed Energy Performance Certificates (EPCs).
A crisis in the making? Will commercial property owners come through the looming debt repayment crisis unscathed?
Leaseholders won’t see all the hoped-for benefits from the Leasehold and Freehold Reform Bill unless significant changes are made, according to a leading expert.
A rogue landlord who failed to repair serious safety hazards in his property has been ordered to pay more than £3,000.
The Government must use ‘carrot’ as well as ‘stick’ policies as it attempts to improve the energy efficiency of the private rented sector, a leading mortgage broker as claimed.
How often do a property’s electrical tests have to be completed? What’s the minimum EPC level for a property to legally rented out? What’s the difference between a large and small HMO?
A landlord who claimed unsuccessfully that he had been deceived by his tenants has been handed a £9,745 rent repayment order.
All private landlords in parts of Scarborough will have to get a selective licence from 1st June under council plans to tackle poor quality accommodation and anti-social behaviour.
Landlords in Northern Ireland are being reminded to renew their registration or face a heavy fine.
Former Lib Dems leader Tim Farron has slammed Airbnb and other holiday lets platforms for creating a ‘clearance’ of long-term rental homes from his Lakeland constituency.
Jersey’s private landlords have urged the island’s new Housing Minister to find the right balance when he revives stalled protections for landlords and tenants.
A Labour landslide could be a better outcome for buy-to-let landlords than if the party wins the next election by a small majority, according to a leading property guru.
The base interest rate used by many lenders to determine mortgage costs for landlords is to be held at 5.25% for the fourth time in a row, the Bank of England’s Monetary Policy Committee has decided today.
Southwark Council has reassured landlords that they won’t be lose out on an early bird discount after they reported problems accessing its updated online licensing system.
A leading agent has urged the government not to rely solely on private landlords’ resilience if it wants to stop more from quitting the sector.
Labour will extend ‘Awaab’s Law’ into the private rented sector if it wins power at the next General Election, its Deputy Leader Angela Rayner has revealed.
The exact wording in leases is so very important when it comes to landlord - tenant disputes with commercial and residential property leases
The extent of the Government’s reliance on private landlords to provide housing for those on benefits after years of under-investment in affordable homes has been revealed.
A proposed shake-up of social housing would tighten allocation rules and allow landlords to get tougher on anti-social tenants.
Signs that landlords may see their tax bill reduced during the Spring Budget on March 6th have emerged from parliament following a question in the Lords.
