August got off to an unsettled and changeable start this year, with heavy rain and flooding in many parts of the UK. But the long-range weather forecast is now predicting warmer than usual conditions in late August, and potentially even a heat wave, with temperatures set to soar across some
Rent Smart Wales is challenging letting agents and landlords over the widespread practice of charging student tenants summer retainer fees which it claims are unlawful under Welsh legislation. It says a retainer is an additional fee which is unlawful under the Renting Home
Owners (landlords) of commercial (business) premises and sometimes residential premises want to let to a tenant on a short term basis, but are fearful of creating a long-term arrangement such that the tenant cannot be removed if the landlord wants it.Basically, there are three ways to do that whi
When it comes to owning a buy-to� let property, the decision as to whether to use an agent or not is a big one. It is estimated that more than half of landlords self-manage their rental properties, believing it to be the best way to maintain control over who lives there and how
Commercial investments produce an average yield of 10.7% while residential properties offer just 3.7%, new research has claimed. Scotland is home to the highest commercial yield at 20.4%, along with the South West (13.7%), while Scotland is also where investors can find the high
While the cost of renting continues to increase across the UK, the Government continues to grapple with the issue of making renting more accessible and secure, especially for
NRLA calls for urgent government support to address rent arrears and court backlogs, proposing interest-free loans and grants to sustain tenancies.
Especially at a time like this, in the middle of a pandemic, when good commercial tenants are hard to find, landlords dread the time when a lease comes to an end, or their tenant goes into administration. When a commercial landlord loses a tenant, not only do they lose regular r
The government is pouring �13m into a homelessness reduction initiative to fund long-term accommodation for prison leavers in the private rented sector. More than 140 councils across England will share out the cash to pay for landlord incentives and loans for rent deposits, spe
We know that households across the UK will need to adopt a low carbon alternative to traditional heating solutions such as oil, gas, coal or wood burning in the future. Air source or geothermal ground source heat pumps are being touted as just such an alternative to help the UK
During these difficult times many tenants have found themselves in the position of wanting to divest themselves of surplus property, to reduce rental commitments by ending a lease agreement before it full term has expired. Perhaps the only way of doing this from the tenants p
Landlords who own leasehold properties in low and medium-rise apartment blocks affected by the cladding scandal will no longer have to supply an EWS1 form when selling or remortgaging their properties, the government has announced. Thousands of landlords who have been unable to
Spiralling fraud and overpayments in the benefits system now stand at the highest rate ever recorded, admits the Department of Work and Pensions (DWP), as it identifies housing payments as an area of concern. Housing benefit fraud is particularly rife after the pandemic resulted
The private rented sector wont meet new energy efficiency targets unless the government stumps up more cash for any replacement to the Green Homes Grant, it has been claimed. Latest https://www.gov.uk/government/statistics/english-housing-survey-2019-to-2020-private-
Bury Council in Manchester has adopted new measures to fine landlords up to �30,000 if their properties dont meet the recently-introduced electrical safety standards. Although the standards came into force in June 2020, they had not been adopted and implemented by the counci
A commercial landlord whose building was damaged by two fires has been handed an 18-month suspended prison sentence, it has been reported. Wayne Braund, 52, owner of the former Strachan and Henshaw building in Foundry Lane, Bristol (pictured), admitted six fire safety breaches i
Guide to landlord responsibilities for fire-door safety—learn what checks and maintenance are required to keep your property compliant.
However, Carol Lewis writing for the Sunday Times newspaper thinks that holiday let owners should be paying council tax. Given that levelling up is the government's buzzword du jour, it is time to level the playing field and bring holiday-home owners in line wi
Landlords and letting agents hit by the collapse of Ash Residential Property Management Limited (ARPM) have been left struggling to claw back deposits and fees after it ceased trading last month with debts of almost �1.5m. At least 8,000 properties and their landlords are affec
HMRC warns that owners must accurately declare these earnings on their self assessment tax returns or face criminal charges if in default. A boom in bookings The Covid pandemic has stored up excess demand for stay at home Britains under the foreign holiday restrictio
Scottish landlords have until 2028 to meet energy efficiency standards but can access interest-free loans of up to �15,000 to help them spread the cost. The Scottish government has published its Heat In Building Strategy setting out that, by 2030, greenhouse gas emissions from
The so called Pandora Papers is a financial services leak of nearly 12 million documents that reveal an international treasure trove of hidden wealth, tax avoidance and money laundering, by some of the world's richest individuals. The secret files were unearthed by a Washington
High Street lender the Nationwide has launched a platform that will be first of its kind created for landlords by a major financial institution. Called The Landlord Works, it has been developed by a team headed up by Paul Wooton (main picture) who, after leaving its mortgage bro
Lambeth to launch UK's most expensive HMO scheme, charging landlords £289 per bedroom under new five-year additional licensing rules.
The Section 21 possession procedure (currently under threat of being removed) is a no fault eviction process where the landlord can serve notice on a tenant to regain possession once the initial minimum 6 months or contracted fixed term has ended. A section 21 notice is for 2
A dog-owning tenant has launched a legal challenge against her freeholder which could result in parting with her pets or the leasehold. The womans partner moved into her property five years ago with three small dogs and admitted this to the freeholder. It then sent her a
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.
A lack of council-organised landlord gatherings could hamper the Renters Reform Bill’s ambitions, according to Propertymark.
Problem tenants are difficult to deal with for landlords at the best of times. The government's promise to introduce a fast-track process to deal with anti-social behaviour sounds promising, but can it work in practice?
Tenants have been urged to be wary of ‘no-win, no-fee’ solicitors who deal with private rental sector cases after an almost farcical case in London.
Disability rights groups have called on the government to include information about accessibility for disabled people on its new property portal due to go live next year.
A service that alerts landlords when fraudulent tenants try to ‘steal’ their properties via title fraud has struck a deal with the National Residential Landlords Association (NRLA).
Sheffield Council has boasted that up to 800 people have been protected from risky buildings thanks to its selective licensing scheme after landlords were told to spend £250,000 doing up properties.
The Renters (Reform) Bill will reduce rather than enhance housing rights for students, according to the former CEO of student housing charity Unipol.
Liverpool Council aims to source 400 private sector properties in a bid to house growing numbers of homeless people in the city.
The key tenancy breaches by tenants reported by landlords have been revealed with non-payment of rent, dirty homes and failing to report repairs and maintenance issues as the most common.
An ambitious landlord who bought his first property aged 18 now has an impressive property portfolio worth £6 million 20 years later.
Fewer would-be tenants registered with letting agents in December, while rental stock levels also dipped during the typically quieter seasonal period.
A tenant has told of how a man – who he believes is landlord and controversial businessman Mark Fortune – threatened him over a rent row.
The Chancellor has been urged to scrap the extra Stamp Duty paid by landlords when buying properties after new research shows the extra activity within the PRS - if it was scrapped - would generate an extra £10 billion in tax revenue for the Government.
The tax net is closing in on property owners who use short-let platforms to earn rental income from their portfolios but not pay tax on it, Airbnb has warned.
Scottish landlords criticise new rent arbitration scheme, labelling it back‑door rent controls that will exacerbate housing access issues.
You’re a landlord looking to sell, but last year was a challenge. In 2024, it’s time to get your portfolios and properties sold and get you moving on to your next projects.
HMO owners in Gravesham are being given a last chance to get their house in order ahead of a crackdown on unlicensed properties.
