Landlords will face an additional average charge of more than £7,000 from tomorrow when buying a property thanks to an uplift in Stamp Duty charges.
Nick Lyons, chief executive of inventory experts No Letting Go give his view on the measures announced yesterday in parliament by Rachel Reeves.
The Labour Government has ramped up its increasingly anti-landlord policies by increasing the stamp duty they pay when buying rental properties from 3% to 5%.
Chancellor Rachel Reeves increases stamp duty surcharge to 5% for second homes and buy-to-let properties, effective from 31 October 2024.
A rogue landlord has been handed a £7,000 legal bill for renting out three dangerous flats containing a raft of faults.
Generation Rent has urged Chancellor Rachel Reeves to tax landlords harder in her first Budget by making them pay NI contributions.
A leading property lawyer has described a campaigning MP’s latest attempt to usher in harsher regulation of short-lets in holiday hotspots as ‘intensely impractical’.
Labour has committed to regulating estate agents in a bid to oust the rogue operators within the sector who give the wider industry a bad name and often cost landlords money and time when their services fall short of minimum standards.
Manchester mayor Andy Burnham is to make a keynote speech at the NRLA’s annual conference in Birmingham next week.
The Isle of Wight Council has vowed to charge owners of second homes and empty properties more council tax as soon as it gets the go-ahead from the government. Its ruling Alliance Administration had suggested putting a 100% tax premium on second homes and empty properties, howev
A senior figure from the banking world has claimed that institutional investment is the golden ticket to solve the UKs supply and quality problems within the private rented sector (PRS). Cedric Bucher (main image), who heads up Hearthstone Investments </st
Another First Tier Property Tribunal has confirmed that a superior landlord cannot be held responsible for a Rent Repayment Order (RRO), following the landmark Rakusen case. Tenant Riaz Moola had tried to argue that landlord Khalil Mbarek was responsible for the property in t
The Government must stop its ongoing and irresponsible attempts to curry favour with tenants via its looming reform of the private rented sector, a buy-to-let lender has said. Mortgages for Business boss Gavin Richardson (main
A landlord couple have been convicted of a �1 million benefit fraud stretching over 20 years. Emmanuel Bay , 68, and Nancy Bay , 67, of Sudbourne Road, Brixton (pictured), were found guilty of 21 offences between 1999 and 2018 under t
Home Reit, an investment trust landlord, was set-up to house Britains homeless. But the company has found itself running into increasing difficulties, with tenants' complaints and failed rent payments, a negative short-seller's report, a financial squeeze with falling stock prices and al
A boost in court resources as well as measures to fast-track the most serious possession cases related to anti-social behaviour and rent arrears will be vital post-Section 21, says NRLA chief executive Ben Beadle . Without reform, a rise in cases will add t
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.
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
A new Online Fraud Charter aims to thwart property rental scams including fake accommodation listings on Facebook Marketplace used to lure in unsuspecting tenants.
Landlords have been warned that a Court of Appeal decision issued late last week will mean that in future they will have to settle their differences with tenants via an ombudsman before going to court.
New licensing application software introduced by Portsmouth City Council has been slammed for being badly written, hard to use and too demanding.
A serving fire officer whose tenants were at risk of dying in a fire in his unsafe HMO has been fined more than £15,000.
The UK's leading property trade association has warned MPs that the Renters Reform Bill contains measures likely to make the PRS increasingly hostile to landlords.
A London landlord has been ordered to repay his tenants nearly £10,000 in rent following a Property Tribunal hearing.
Commercial tenants, with the landlord's consent, not to be unreasonably withheld, can assign their lease (transfer it) to a third party (a new tenant).
Liverpool City Council has launched a new taskforce to go after criminal landlords who exploit vulnerable tenants.
The government has signalled that it will bring in more leasehold reforms for flat owners following the introduction of the Leasehold and Freehold Reform Bill.
Leaders Romans Group (LRG) has called for a landlords’ reform bill to protect landlords and safeguard the housing sector.
Coventry has gone ahead with a huge new scheme to prevent properties being converted into HMOs without full planning permission.
This was a question answered during a recent appeal case covered here by Tom Entwistle In the Prempeh v Lakhany (Oct 2020) appeal the tenant claimed that a Section 8 notice was invalid because it did not contain the la
Paul Shamplina has won Seminar Speaker of the Year at the National LIS Awards 2023, the third time in a row the Landlord Action founder has received the honour.
A letting agent has been found to have blatantly broken the law by refusing to hand back a holding deposit.
Landlords have been warned that they will have to work much harder with their letting agent to ensure property adverts for their homes to rent include all the ‘material information’.
One in five landlords hit by rising costs are considering selling up, with a stark divide between those with properties in the north and south of the country.
Scotland’s housing minister has defended the country’s policy of rent and eviction controls despite new figures showing rents continuing to rise.
A landlord couple could face jail after admitting a string of offences which led to the death of one of their tenants in a fire.
Disputes between landlords and their tenants will soon be handled by the social housing ombudsman, it has been confirmed by Government minister Jacob Young.
What is Abandonment? Abandonment is when a tenant leaves the property (usually without notifying the landlord or agent) before the tenancy has ended.
Argyll and Bute councillors have approved a plan to charge a double council tax on second homes.
Haringey Council has urged landlords to share their views on plans for a new additional licensing scheme in the borough.
A continued imbalance between supply and demand is set to grow rents by 6% next year, before hitting an affordability ceiling that will limit growth until 2028.
A landlord who illegally rented out a property for years without planning permission has been ordered to pay £93,000.
Most private landlords think they should be subject to stricter energy efficiency regulations, according to new research.
