Landlords should pay more tax to balance inequalities within the tax system, according to the Resolution Foundation. The think-tanks new report points out that while the top tax rate for employees stands at 53.4% including employer NICs, only 28% is paid on property gains. </
Are you confident your buildings will meet the coming changes to energy performance rules? Energy Performance Certificate (EPC) legislation has been in statute since 2008. Since then there has been a progression of increasingly stringent regulations to cajole property owners to
Landlords buying properties via personal buy-to-let mortgages are facing greater stress testing of their affordability as economic jitters unsettle lenders, it has been revealed. Financial expert Louisa Sedgwick (main picture) from broker ht
Despite previously saying it would consider rent controls, Labours shadow housing minister Lisa Nandy has now confirmed that the party now opposes them, it has been reported. Speaking at the Chartered Institute of Housings conference today, Nandy told delegates that the po
Illegal evictions and harassment are set to become more expensive for landlords who get caught, as councils will be able to fine them up to �30,000 as an alternative to prosecution under the Renters Reform Bill. Lawyer Sam Kharabanda Groom (main picture) at https://cor
Leading figures from the private rented sector including dozens of landlords gathered last week to raise over �15,000 for a food bank charity. <figure id="" class="w-richtext-figure-type- " data-rt-type="" data-rt-align=""><div><img src="https://cdn.prod.website-files.com/63bef2f3c329eff8e
Councils could struggle to enforce new eviction laws under the Renters Reform Bill, according to the Local Government Association. It has warned that authorities will need more staff and funding because every council in England already has a shortage of environmental health offi
Landlords who rent properties to vets are being encouraged to join a new group so they can discuss problems, exchange information and learn about what it means to be a professional landlord. The Veterinary Landlords Association (VLA) which has yet to es
A petition has been launched calling on the Government to establish a national register of rogue tenants to help landlords and agents spot troublemakers before they move into properties. The petition has been launched by property lawyer Nyree Applegarth (m
Labour MP Chris Bryant has pleaded with the government to rethink its housing policies or face a perfect storm of a housing crisis� in his Rhondda constituency. He told the Commons that the frozen housing benefit cap was now completely out of kilter with reality� for m
It used to be the case that you could let your residential rental property and forget it, leaving your tenants to enjoy the accommodation in peace, without any disturbances. However, these days, with regular changes in the law, risks of none compliance and your insurance require
Rising interest rates are piling the pressure on landlords and leaving some as mortgage prisoners, according to one mortgage expert. With most fixed rates now well over 6%, the interest costs can have tripled since some landlords last mortgage was taken, causing a perfe
More landlords looking for a quick and painless exit from the PRS are considering concessionary mortgages, it has been claimed. These little-known mortgage deals allow a sitting tenant to buy the property at a discounted price, based on a valuation. The seller must b
Landlord Actions Paul Shamplina (main picture) has explained to Radio 4 listeners how an almost broken court system and higher interest rates are driving a rush in Section 21 evictions before rent reform laws kick in. Speaking on the https://www.bbc.co
A landlord has failed to convince a court that stress and financial difficulties excused her from paying a rent repayment order. Instead, Jaya Sanahs four tenants will share �16,191 after ahttps://www.landlordzone.co.uk/tag/first-tier-property-tribunal-2...
Landlords are to wait many more months to find out the details of Government proposals to raise the minimum Energy Performance Certificate for rented properties. Energy minister Andrew Bowie (main picture) has admitted during a Lords debate that progress h
Lloyds has grown its rental portfolio to 1,000 properties and has another 700 in the pipeline as it bids to become one of the UKs biggest landlords, albeit far off its original objectives. The bank has some way to go if the publicly-owned institution is to meet its target of
An Upper Tribunal has slashed a landlords Rent Repayment Order by �16,000 after taking pity during an appeal hearing on her precarious financial position�. A First Tier Property Tribunal https://assets.publishing.service.gov.uk/media/6239f607e90e07799cd3de67/LO
Question: How long should accounts be kept to satisfy the authorities, things like accounting files, invoices and tax records, as a property landlord?Answer: You must keep your records for 6 years after the tax year to which they apply, whether or not you complete a tax return.It's a good idea, a
Expiry of Section 21 Notice - I have served a Section 21 (s21) Notice on my tenant but don't wish to start proceedings immediately. Can I wait without the notice expiring?Once a Section 21 notice has been served correctly it continues indefinitely, until such time as the tenancy is ended, either
Covenant and Covenant Strength - What is a legal covenant and what is the significance of the terms in relation to rental property and lettings ?</h2>The term covenant can have several meanings and has biblical origins but it is of particulalry significance
2 years ago I purchased a company with a 10 year lease from my ex boss, on a 10 year lease, the lease was set up by a solicitor. After 2 years the business is struggling and is not viable. I feel that my solicitor ill advised me as there was no break clause mentioned. Where do I stand on t
Good Left in the Premises or Uncollected GoodsFrequently, tenants leave goods after their tenancy has concluded or when they have abandon the premises during a tenancy. Uncollected goods and possessions left or abandoned in premises by tenants can pose a real problem for landlords.
<h1 Standing Order</h1>What are Bankers' Standing Orders?</h3><ul <li Standing Orders allow landlords to automate the process of collecting rents</li> <li They safeguard tenants in that the landlord cannot change the payment amount, as is the case with direct debit
The Possession Procedure - 1988 Housing ActThe possession procedure under Section 8 of the Housing Acts 1988 & 1996 is known as the Section 8 Route and is available to landlords where the tenant is in breach of one or more terms of
Renting or Leasing Commercial Property Renting commercial property usually represents a major part of the operating costs involved in running any business. If you include surveyor's and solicitor's fees, rent, business rates, insurance,
Types of Tenure: A tenancy gives the tenant a legal interest in the land and property - in effect, legal ownership for the period of the tenancy. Tenancies can take several forms: <ul <li Rent Act or Regulated Tenancies - pre </li> <li
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.
A licensing expert has warned landlords living overseas about the dangers of asking UK-based friends or firms to apply for their selective licence.
The Leasehold and Freehold Reform Bill has taken a step towards becoming legislation after it was introduced to Parliament.
Labour MPs have tabled 26 amendments to the Renters Reform Bill that demand much tougher financial penalties for errant landlords and stricter rules around deposits.
PRS organisations, forums and landlord groups have joined forces to launch the Housing Coalition, which aims to give the sector a voice and improve private rental housing standards.
Tenants in Ireland could get first refusal on a property when a landlord puts it up for sale if new legislation gets the go-ahead.
With just one month to go until the year ends, investors are continuing to snap up properties at an accelerated rate. With next year bringing uncertainty, and a potential change in government, the trend for new investors who have entered the market to step in and take whole portfolios...
Landlords earning less than £30,000 will not have to use HMRC’s Making Tax Digital (MTD) software, the government has confirmed.
Two-month notice periods for tenants under periodic tenancies will negatively impact the build-to-rent sector and encourage sub-letting homes as party flats, the boss of big BTR firm Grainger has told MPs.
