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Bid to ditch stamp duty benefit for BTL investors thrown out by MPs

Bid to ditch stamp duty benefit for BTL investors thrown out by MPs

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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

The average UK household will lose over �2,000 in income this year

The average UK household will lose over �2,000 in income this year

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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

Large fall in rent repayment cases as councils also scupper tenants' chances

Large fall in rent repayment cases as councils also scupper tenants' chances

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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

Greater Manchester plea to sort out broken housing system

Greater Manchester plea to sort out broken housing system

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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 landlords struggle to see return on their investment

Commercial landlords struggle to see return on their investment

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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

Tenants forking out more for homes as rental price rises bite

Tenants forking out more for homes as rental price rises bite

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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

BLOG: Ignoring deposit protection law can ruin some landlords - so seek advice

BLOG: Ignoring deposit protection law can ruin some landlords - so seek advice

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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

Landlords can no longer obstruct broadband upgrades

Landlords can no longer obstruct broadband upgrades

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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

Helping homeless to move on could be right up landlords' street

Helping homeless to move on could be right up landlords' street

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Landlords are being encouraged to donate the addresses of their vacant properties as part of a unique bid to stem homelessness. Dreamt up by architect Chris Hildrey, https://www.proxyaddress.co.uk/" ProxyAddress allows people to securely borrow a stable, donat

December dip makes small dent in rising house prices

December dip makes small dent in rising house prices

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Average house prices fell by -1.5% in December, while the annual growth rate dropped from +4.6% to +2.0%, according to the Halifax House Price Index. A typical property now costs �281,272 - down from �285,425 in November following six months of rapid growth during the firs

Industry finds holes in energy scheme's bid to cut bills

Industry finds holes in energy scheme's bid to cut bills

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Propertymark has voiced fears that the governments ECO plus scheme risks excluding many landlords with low-rated properties. In its response to the Department for Business, Energy and Industrial Strategys consultation into the scheme to help fund home insulation, the indus

Get a move on with PRS reforms, council tells Gove

Get a move on with PRS reforms, council tells Gove

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Cherwell District Council has pressed the government to urgently introduce the long-awaited Renters Reform Bill to help it rebalance the relationship between landlords and tenants. The north Oxfordshire authority has written to Housing Secretary Michael Gove asking him to bring

Business rates revaluation 2023 will hit small retailers hardest

Business rates revaluation 2023 will hit small retailers hardest

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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

Modest drop in rental costs heralds busy start to the year

Modest drop in rental costs heralds busy start to the year

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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

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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

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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%'

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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.

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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

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What is a Section 25 Notice

What is a Section 25 Notice

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What is a Section 25 Notice? My business lease is coming to an end and my landlord has served on me a Section 25 Notice.Commercial (Business) Tenancies in England &amp; Wales are regulated by the Landlord &amp; Tenant Act 1954 (Part 2).This means that when the fixed term ends (end of lease) the b

What is a Section 48 Notice?

What is a Section 48 Notice?

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Section 48 of the Landlord and Tenant Act 1987 states that landlords of residential tenancies in England and Wales must furnish their tenants with an address in England &amp; Wales at which notices can be served. Failure to do so will mean that any claim for rent, rent arrears or service charges

Fixed-Term or Periodic Tenancy?

Fixed-Term or Periodic Tenancy?

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Should landlord insist on renewing fixed term tenancies or allow them to lapse into periodic tenancies?In essence a tenancy is the right to possess and occupy land belonging to another. A tenancy gives the occupier a legal interest in the land for a defined period of time.A relationship of landlo

What is a Section 213 Notice?

What is a Section 213 Notice?

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A section 213 notice is a prescribed form notice which must be served on your tenant, or another person, if they provided a deposit for a rental.If you have taken a deposit for an Assured Shorthold Tenancy (AST) in England &amp; Wales (the rules in Scotland &amp; Northern Ireland are similar but

A Check List for Serving a Valid Section 21 Notice

A Check List for Serving a Valid Section 21 Notice

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This is a handy check list for use to help you ensure you are serving a valid section 21 notice. Section 21 of the Housing Act 1988 (as amended 1996 &amp; 2004) provides a means of re-gaining possession of a residential property in England &amp; Wales. Other UK jurisdictions are similar but there

Tenant's Notice to Quit

Tenant's Notice to Quit

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How can a tenant end a residential tenancy and stay within the law - usually with a Tenant's Notice to Quit?In practice most residential tenancies in England and Wales end (over 90 per cent of them) with tenants giving their landlord notice. These guidelines are based on English law and are not a

Agricultural Tenancies

Agricultural Tenancies

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Farm and Land Tenancies Approximately one-third of all agricultural land in England and Wales is covered by agricultural tenancies. Tenancies allow people to farm without being landowners. As agricultural land is expensive, and the acreage now needed to make a viable operati

How Can I Sell My Rental Property?

How Can I Sell My Rental Property?

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Landlords sometimes face a dilemma when they want to sell a rental property, or even a portfolio of their rental properties. Sometimes landlords have no choice but to sell as they are being forced to sell for financial reasons.Residential properties, unlike their commercial counterparts, always s

Assignment of a Residential Tenancy

Assignment of a Residential Tenancy

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Assignment is when an existing and ongoing tenancy is transferred from one tenant to another. The person who transfers the tenancy is the assignor� and the person who the tenancy is transferred to is the assignee�.The outgoing tenant transfers his rights and obligations under the tenanc

'Perfect storm': landlords report big surge in tenant demand

'Perfect storm': landlords report big surge in tenant demand

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Two-thirds of landlords have experienced rising demand for private rented housing - but one-third plan to cut the number of properties they rent.

More money needed to support disabled tenants say landlords

More money needed to support disabled tenants say landlords

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Ministers must commit to uprating grants available to disabled people or many will miss out on vital adaptations, warns the NRLA.

Too many tenants facing eviction lack access to legal aid, say lawyers

Too many tenants facing eviction lack access to legal aid, say lawyers

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The government’s failure to increase housing legal aid has weakened the justice system and robbed those who face eviction and repossession of help, warns the Law Society of England and Wales.

Shelter slams landlords over increasing Section 21 notice evictions

Shelter slams landlords over increasing Section 21 notice evictions

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Shelter has attacked landlords for ‘kicking out’ over 26,000 tenants using a Section 21 ‘no fault’ eviction since the Government revealed it would ban this method of regaining possession of a property five years ago.

Asylum seeker HMOs WILL be included in licencing schemes, says Government

Asylum seeker HMOs WILL be included in licencing schemes, says Government

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The government has performed a U-turn over its plans to exempt accommodation for asylum seekers from HMO licensing requirements.

Landlord licencing launches to be 'highest number ever' in 2024

Landlord licencing launches to be 'highest number ever' in 2024

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This year is on track to break 2023’s record for the most additional and selective licensing schemes launched across the UK.

Eviction court system is now 'in crisis' says leading expert

Eviction court system is now 'in crisis' says leading expert

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The evictions process is in crisis with many landlords who are seeking to remove problem tenants facing huge court delays, it has been claimed.

'It's still a landlords' market' reveals RICS in latest report

'It's still a landlords' market' reveals RICS in latest report

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Letting agents have revealed continuing strong demand for rental properties but no let-up in weakening supply.

Calls for reforms to EPCs to help decarbonise UK homes

Calls for reforms to EPCs to help decarbonise UK homes

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Inconsistencies in the existing EPC calculation mean that property owners can currently pay out thousands of pounds for work that, when they come to sell, they find actually lowered their EPC rating.

Tenants facing rent rises call for 'lower energy bills in return'

Tenants facing rent rises call for 'lower energy bills in return'

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Most renters expecting a rent increase this year believe their landlords should make energy efficiency improvements to help offset the rise.

Big city to consult on more licencing of smaller HMOs

Big city to consult on more licencing of smaller HMOs

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Coventry councillors are set to approve a 12-week consultation into plans to renew the city-wide additional licensing scheme.

HMO numbers continue to nosedive including 23% drop in London

HMO numbers continue to nosedive including 23% drop in London

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The number of Houses of Multiple Occupation (HMOs) in England is continuing to nosedive, official statistics seen by LandlordZONE reveal.

Build-to-rent sector reveals record period of growth

Build-to-rent sector reveals record period of growth

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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

Landlords rush to sell before March deadline

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Landlords rush to sell before March deadline—rising taxes and market shifts driving exits.

Landlord evicts all his HMO tenants after CHAINSAW incident

Landlord evicts all his HMO tenants after CHAINSAW incident

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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.

Cannabis-growing landlord sentenced to 11 years in prison

Cannabis-growing landlord sentenced to 11 years in prison

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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.

BTL entrepreneur named one of UK's most successful young business people

BTL entrepreneur named one of UK's most successful young business people

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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.

Council threatens landlords with £5,000 fines over EPCs

Council threatens landlords with £5,000 fines over EPCs

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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).

Understanding the challenges in the commercial property market

Understanding the challenges in the commercial property market

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A crisis in the making? Will commercial property owners come through the looming debt repayment crisis unscathed?

Leasehold reforms fail to solve most problems, says expert

Leasehold reforms fail to solve most problems, says expert

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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.

Rogue landlord fined thousands after refusing to fix broken stairs

Rogue landlord fined thousands after refusing to fix broken stairs

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A rogue landlord who failed to repair serious safety hazards in his property has been ordered to pay more than £3,000.

'More carrot' for landlords to improve energy efficiency urges mortgage boss

'More carrot' for landlords to improve energy efficiency urges mortgage boss

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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.

Could you win through in the ultimate landlord knowledge quiz?

Could you win through in the ultimate landlord knowledge quiz?

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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?

Landlord to pay tenants £10,000 in unusual licencing case

Landlord to pay tenants £10,000 in unusual licencing case

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A landlord who claimed unsuccessfully that he had been deceived by his tenants has been handed a £9,745 rent repayment order.

Council widens £695 selective licencing for landlords

Council widens £695 selective licencing for landlords

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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.