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Big council says HMOs 'fundamentally change areas' as it clamps down

Big council says HMOs 'fundamentally change areas' as it clamps down

News

Councillors in Reading are set to rubber stamp plans to extend restrictions on the number of HMO conversions. An Article 4 direction already covers parts of the town where HMOs are prevalent, in much of Park, Redlands and Katesgrove wards, as well as Jesse Terrace.

Landlords seeking to convert commercial into residential warned by trade body

Landlords seeking to convert commercial into residential warned by trade body

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Propertymark has called for a set of standards for developers and clear guidance for local councils as a way to effectively convert empty commercial properties into affordable homes - an increasingly popular path for some bigger PRS landlords. Responding to an inquiry from all-p

Is converting commercial buildings to residential use a viable proposition?

Is converting commercial buildings to residential use a viable proposition?

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Converting commercial buildings to residential use would seem an ideal solution to a housing shortage, especially with and a glut of underused commercial buildings, but how easy is it? The planning regulation changes have made it easier to convert commercial buildings to residen

BREAKING: New mandatory 'How to Rent' guide delayed for a week

BREAKING: New mandatory 'How to Rent' guide delayed for a week

News

The new How to Rent guide due to come out today (17th March) has been delayed for a week, according to industry sources. The new guide forms part of the prescribed information that landlords in England must issue at the start of any new tenancy or renewa

John Lewis build-to-rent plans stall as locals oppose huge apartment 'towers'

John Lewis build-to-rent plans stall as locals oppose huge apartment 'towers'

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John Lewiss build-to-rent strategy appears to be stalling amid local opposition to its plans for large developments in West Ealing and Bromley. The retailer has just announced pre-tax losses of �234 million as sales dipped 2% last year, making it even more vital to find new

'Disappointing' - housing chiefs slam lack of property measures in Budget

'Disappointing' - housing chiefs slam lack of property measures in Budget

News

Landlords, estate agents and surveyors have all given yesterdays Budget an unqualified thumbs down after the Chancellor chose to focus on economic growth but ignore several problem threatening to engulf the housing market. All have said the budget was disappointing and a m

BUDGET: Scrapping lifetime pension fund limit 'will reduce BTL investment'

BUDGET: Scrapping lifetime pension fund limit 'will reduce BTL investment'

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Despite new research showing that one in four people plan to invest in property to generate retirement income, Chancellor Jeremy Hunt's scrapping of the 'lifetime pension fund limit' could dampen demand for BTL property, says Cornerstone Tax. The impact of inflation on savings a

'A budget that does nothing to help struggling renters', says Shelter

'A budget that does nothing to help struggling renters', says Shelter

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Shelter has slammed the Chancellor for failing to raise Local Housing Allowance (LHA) rates in his spring Budget. The homeless charity says Jeremy Hunt could have put an end to spiralling homelessness, but instead, he has stuck his head in the sand. Yet again we

Leading economics expert says 'enough is enough' for bruised landlords

Leading economics expert says 'enough is enough' for bruised landlords

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Sunday Times economics editor David Smith has expressed sympathy for private landlords who he believes feel bruised by increasing regulation in the sector. He says higher mortgage rates might be the straw that breaks the camels back for many, with some alrea

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Repeat offender landlord fined £5,000 over illegal HMO

Repeat offender landlord fined £5,000 over illegal HMO

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A landlord has been fined almost £5,000 after being found guilty for a second time of operating an illegal HMO.

Big NE town brings in HMO planning restrictions

Big NE town brings in HMO planning restrictions

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Middlesborough Council has brought in new planning restrictions to clamp down on the “wrong sort of HMOs”.

Big city to expand licensing five-fold despite landlord concerns

Big city to expand licensing five-fold despite landlord concerns

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Gateshead is to push ahead with new property licensing schemes despite local landlords and letting agents opposing them including 93% saying the fees are ‘too high’.

Is development more attractive than landlording?

Is development more attractive than landlording?

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Rental property yields are shrinking as the costs created by more regulations and legislation eat into landlord profits – so is it time more BTL landlords became SME developers?

Tenant group says 'landlords can't be trusted' to regulate themselves

Tenant group says 'landlords can't be trusted' to regulate themselves

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Scotland’s tenants’ union has warned that removing rent rise reprotections will lead to an uptick in de facto evictions and homelessness.

Big Kent council latest to offer landlords 'guaranteed rent'

Big Kent council latest to offer landlords 'guaranteed rent'

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Maidstone Borough Council has become the latest authority hoping to entice private landlords to hand over their properties in exchange for guaranteed rent.

Landlord to pay £37,000 after running overcrowded illegal HMO

Landlord to pay £37,000 after running overcrowded illegal HMO

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A rogue landlord who squeezed six people into one room of his HMO has been told to pay £37,000 in fines and costs.

CLAIM: Labour's 'new towns' will be all about BTR not private landlords

CLAIM: Labour's 'new towns' will be all about BTR not private landlords

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The UK’s new towns will favour build-to-rent developers rather than private landlords, according to a think tank which labels them “profit-seeking institutional investors”.

Big London council to bring back selective licensing

Big London council to bring back selective licensing

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Croydon has announced plans to bring back its selective licensing scheme after a five-year break.

London's most expensive selective licencing scheme revealed

London's most expensive selective licencing scheme revealed

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Landlords in one of London’s biggest boroughs face a new selective schemes following a consultation launched by Lambeth council.

Recent research by Savills points to more landlords being priced out of BTL

Recent research by Savills points to more landlords being priced out of BTL

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More landlords to be priced out of BTL as rent increases slow from their peak

MP in second bid to stop landlords evicting benefits tenants in arrears

MP in second bid to stop landlords evicting benefits tenants in arrears

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An SNP MP has made another attempt to prevent PRS landlords from evicting benefit tenants who are in arrears.

Unusual portal and app that pays landlords seeks £5m funding

Unusual portal and app that pays landlords seeks £5m funding

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A property start-up hoping to the next big thing in the student housing market is looking for a £5 million cash injection to help it launch across four more cities.

Wales changes guidance after 'uncertainy' over occupation contracts

Wales changes guidance after 'uncertainy' over occupation contracts

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Landlords in Wales need to update their occupation contract templates after the Welsh government amended part of the document.

Initiative launched to better regulate property 'deal sourcers'

Initiative launched to better regulate property 'deal sourcers'

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The world of property deal sourcing is to become better regulated following the launch of a new partnership between the sector’s trade association and the Property Redress Scheme.

HMRC targetting 'under declaring' limited company landlords

HMRC targetting 'under declaring' limited company landlords

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A property lawyer has warned that HMRC believes buy-to-let landlords may be under-declaring taxes, and that it has them in their sights.

Smaller landlords offloading properties the most - claim

Smaller landlords offloading properties the most - claim

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Twice the number of landlords with one or two properties plan to sell up compared with those who own more than 10 properties, according to a new survey.

Judge slams AI following landlord's inaccurate tax bill appeal

Judge slams AI following landlord's inaccurate tax bill appeal

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A landlord who tried to challenge a tax fine by unwittingly using fake rulings generated by an artificial intelligence (AI) system like ChatGPT has had her appeal dismissed.

London council sweeps 20,000 rented properties into licencing

London council sweeps 20,000 rented properties into licencing

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Landlords in Lewisham are the latest within the London to face a selective licencing scheme now that permission has been granted by the Secretary of State for the scheme.

Higher mortgage costs driving higher rents say landlords

Higher mortgage costs driving higher rents say landlords

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Three-quarters of buy-to-let landlords (76%) increased rent during the past 12 months, most of whom blamed higher mortgage costs.

London's largest selective licencing scheme given green light

London's largest selective licencing scheme given green light

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The government has given the go-ahead to Brent’s selective licensing scheme, with the council labelling it, “a major win for both renters and landlords”.

Landlord licencing should be harsher says health chief

Landlord licencing should be harsher says health chief

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Environmental health officers want more robust landlord licensing schemes under the Renters Reform Bill, says the Chartered Institute of Environmental Health (CIEH).

Letting agent sentenced after stealing landlord cash

Letting agent sentenced after stealing landlord cash

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A letting agent who swindled £128,000 from her employer to fund an affair with her personal trainer was rumbled after landlords complained they had not received their rent.

NRLA and Shelter chiefs lock horns over reform bill

NRLA and Shelter chiefs lock horns over reform bill

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NRLA chief executive Ben Beadle has called for pragmatism and unity in response to Shelter’s new anti-landlord campaign.

London landlord to pay largest rent repayment order so far this year

London landlord to pay largest rent repayment order so far this year

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A landlord in London has been landed with one of the largest rent repayment orders so far this year after failing to licence their HMO property in Tottenham.

Setting up the utilities at your commercial properties

Setting up the utilities at your commercial properties

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Utilities Supplies: Many commercial landlords let their tenants decide on their utility providers with their own meters, telephone lines, and networks. When youre in control and recharge these products as a service charge, then its up to you to get the best deals. Jaso

Big landlord: 'Allowing competitive bidding is understandable'

Big landlord: 'Allowing competitive bidding is understandable'

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Nottingham benefits landlord Mick Roberts has robustly defended those landlords who get involved in a bidding war during an interview on 5 Live’s breakfast show.

New service protects landlords against property fraud

New service protects landlords against property fraud

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An online service has been launched that helps protect landlords from property fraud.

What Documents do I need when letting a property?

What Documents do I need when letting a property?

Information
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Lettings Document Checklist: When setting up a new Assured Shorthold Tenancy (AST) it has always been important to pay attention to the paperwork, which provides vital evidence should there be a dispute during or after the tenancy.But since the Deregulation Act 2015, with me

Minister claims courts 'will be ready for eviction changes'

Minister claims courts 'will be ready for eviction changes'

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The government has reassured landlords that it is forging ahead with plans for court reform in readiness for abolishing section 21.

Periodic tenancies 'pose huge risks for landlords' warns expert

Periodic tenancies 'pose huge risks for landlords' warns expert

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Government plans to abolish assured shorthold tenancies and replace them with periodic lets could put landlords’ properties at risk, according to inspection specialists NoLettingGo.

SW agents say landlords quitting sector 'in droves'

SW agents say landlords quitting sector 'in droves'

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Two letting agents in the South West has claimed that landlords are leaving the private rental market in droves.

Scotland to give landlords more time to meet minimum EPC rules

Scotland to give landlords more time to meet minimum EPC rules

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The Scottish government has backtracked on plans to force the private rented sector to meet energy efficiency deadlines by 2025.

Judge slams 'disrespectful' council over landlord's licencing complaint

Judge slams 'disrespectful' council over landlord's licencing complaint

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A First Tier Property Tribunal has criticised Barking and Dagenham Council for failing to support a landlord who mistakenly failed to get a selective licence.