Brighton & Hove Council is squeezing its HMO sector even harder by introducing a tough new set of policies designed to reduce their impact on local communities. Its City Plan Part 2 includes new guidance for those applying for planning permission as well as rules covering bu
The way that private rented sector (PRS) landlords operate their properties in Wales is going through one of the biggest changes in decades as the Welsh Government, under its devolved powers, pass and implement the https://www.legislation.gov.uk/anaw/2016/1/contents" target="_blank
Leicester city council councillors are to vote next week on plans to significantly widen local planning laws to clamp down on the spread of HMOs. The measures are to be brought in following a public consultation that finished in January this year. Leicester has had a
The mention of Japanses knoweed has the effect of putting the fear of God in property owners, but the bamboo plant, which is lesser known, can be even more devastating. Homeowners have been planting bamboo for years in Britain to create an exotic oriental ornamental feature or a
The Making Tax Digital initiative (MTD) is a HMRC scheme that aims to modernise income tax accounting and reporting, making the process fully digital. The idea is to improve HMRCs efficiency and reduce costs to the taxpayer by processing business, property and individual tax affairs on-l
Successful landlord and property developer Kathy Miller has urged the government to rethink its plans to abolish Section 21 or face a big rise in court cases and spiralling bills for unpaid rent and property damage. <figure id="" class="w-richtext-figure-type- " data-rt-type="" data-rt-a
Landlords could be hit with a rise in capital gains tax (CGT) along with cuts in reliefs and allowances as part of the Chancellors autumn statement due on November 17th. According to a report inhttps://www.telegraph.co.uk/" https://www.telegraph.c
A bankrupt landlord in the Midlands has been jailed for eight months after failing to tell the Official Receiver about an HMO property he owned in Coventry. The house at 35 Walsgrave Road, Coventry, which yielded a rent of �1,900 a month for Sukhi Sanghera, was not flagged up b
Landlords have been under a lot of pressure recently, with interest rates going up, house prices dropping, and changes in government, anxiety levels have been at an all-time high. But despite the current state of affairs, we still have options to help us get through this patch without panic
Secretary of State for Levelling Up, Housing and Communities, and Minister for Intergovernmental Relations, Michael Gove, has reaffirmed his department's commitment to reforming the private rented sector (PRS). It will follow closely the recommendations in the Governments pol
Scots entrepreneurs Graeme and Leanne Carling were one of the most successful landlords of the late noughties, taking advantage of the weakness in the property market following the global financial crash to build a bricks-and-mortar empire worth �200 million. This made their co
Serco offers landlords guaranteed rent, free maintenance, and no void periods in five-year leases to house asylum seekers.
Landlords might have found themselves an ally in the newest minister at the Department for Levelling Up, Housing and Communities. Lucy Frazer - the latest MP to join returning boss https://www.landlordzone.co.uk/tag/michael-gove/" target="_blank" Mic
A group of companies involved in substantial property investment scams has been wound up by the High Court and an official received appointed to liquidate the four firms involved. These are Sentor Solutions Commercial Ltd , Fabcourt Deve
The RICS global Commercial Real Estate Market Monitor (Q3 2022) is indicating that the sector is in the early stages of a downturn. Thats according to around 81% of the surveys respondents in Q3 2022. It marks a significant increase from the previous quarter sample when just 11% of th
A concerned landlord has shared his frustration at the way councils manage problem tenants facing eviction by telling them to stay put while they are found alternative accommodation, informing the tenants that they will be making themselves 'intentionally homeless' if they move out. <p i
Continued demand for detached properties and a post-Covid resurgence in rent for flats has pushed annual increases in London above inflation. Average rents have accelerated by 4% to �1,499 during Q3 more than double the previous quarters rise and up 11% (�160) highe
The Rishi effect has started to impact mortgage rates just a day after the new PM was announced. As former Chancellor Rishi Sunak moves into number 10, some lenders have announced plans to drop their rates from tomorrow; Coventry Building Society is reducing its new busine
Abolishing fixed-term tenancies risks ruining the student rental market, warns leading provider of major housing contraction.
Thousands of landlords have vowed to switch to short-term lets when Section 21 notices are abolished, a new survey has found. Assist Inventories study of 10,000 landlords and letting agents revealed that 45% plan to move away from long-term tenancies while 41% said they might
The new Building Regulations and accompanying technical upgrade to the SAP assessment methodology ask for a completely different way of measuring the energy performance of many buildings, giving a market boost to those properties with higher EPC ratings. Effective from last week
A landlord too terrified to reveal her name has warned others to conduct more regular property checks after she unwittingly rented her house to a drug-dealing gang for years. The North London-based landlord has had the same tenants since 2005 but only discovered their illegal ac
New research reveals how adult tenants cause as much damage as pets in rental properties and that for smaller landlords, animal damage costs less to repair. The survey of 537 landlords and lettings agents found 85% have experienced both kinds of damage while only 29% of landlord
A landlord has given evidence in the Sebastian Kalinowski murder trial, who died at his home in Huddersfield. Prosecutors allege his mother Agnieszka Kalinowska, 35, and her partner Andrzej Latoszewski, 36, subjected him to a campaign of abuse before his death in August 2021.</p
Houses with off-road parking space will not only command a higher sale price, the rental value will also be boosted as more people buy electric cars. Surge in EV sales The electric vehicle (EV) market is booming, which will inevitably have its impact on property pric
Landlord leaders criticise Renters Reform White Paper, highlighting flaws and concerns over proposed legislation and its impact on the sector.
HMRC has named and shamed 26 property tax dodgers who collectively tried to avoid paying more than �6.7 million. The deliberate tax defrauders earned income from either rental property, property developing or property tax advising, and have all been investigated and fined for e
A father and daughter who lied about the tenancy of a dangerously overcrowded and unlicensed HMO have lost their appeal.
The government is to end the practice of banding individual rooms in HMOs separately for council tax purposes.
Paragon Mortgages the buy to let specialist admits that there is a challenge from rising rates, but it's not all bad news.
Most landlords are committed to their property portfolios, according to new research from Leaders Romans Group (LRG), with 68% planning to maintain their existing holdings, and 6% set to expand their investments.
Property surveyor, landlord and property show host Phil Spencer says landlords should “hold firm and remember their reasons for investing.”
Housing Minister Rachel Maclean has rejected another call for new tenants to be given two years before landlords can pursue a possession order.
A landlord has been ordered to fork out more than £47,000 for failing to licence his eight rental properties, after ignoring numerous written and verbal warnings.
A landlord leader has backed Southend-on-Sea Council’s crackdown on failing private rented homes.
The number of Right to Rent penalties handed to landlords have tripled so far this year under a crackdown on illegal renting and working.
Property expert Phil Spencer has urged landlords to be reasonable when signing up tenants who get into a bidding war – but recognises that competition is down to market forces.
Housing Secretary Michael Gove has admitted that the Renters Reform Bill won’t help landlords claw back money from absconding tenants.
The government has created a “half-baked cake” in the Renters Reform Bill, leaving the PRS desperate for clarity, says one industry boss.
Conservative MP Anthony Mangnall voted against the Renters Reform Bill, warning that removing fixed-term tenancies could reduce housing supply.
After a tough week, starting with reports from the Telegraph urging banks to “stop treating landlords like cash cows” we finally have some good news.
A rogue landlord who tried to evict his tenant using “deplorable behaviour” has been jailed for eight weeks.
The government is being urged to consider hard-up renters who won’t be able to take on their landlords despite any court system upgrade ahead of the Renters Reform Bill.
Housing secretary Michael Gove has pinned the blame for non-compliance within the private sector on foreign offshore landlords during a Q&A session at yesterday’s NRLA Conference in Birmingham.
A costly HMO conversion could prove a worthwhile long-term investment, with the average 8.1% HMO yield far higher than the 4.4% generated by a regular rental property, according to research by Octane Capital.
The mandatory national Property Portal for landlords to be introduced by the Renters (Reform) Bill next year will stop the spread of borough-wide selective licencing schemes, a leading MP has claimed.
Michael Gove used his speech to introduce the second reading of his Renters (Reform) Bill to pour cold water on calls for rent controls while also trying to reassure ‘good’ landlords that the abolition of Section 21 ‘no fault’ evictions will not affect them.
Following months of uncertainty, this year will be looked back upon as a tumultuous one for landlords.
Yes, legal terms confuse and like many specialisms, the confusion is added to by the fact that different terms often have essentially the same meaning.
A judge has opened the door to higher compensation being paid by landlords if they fail to protect their tenants’ rental deposits within one of the official schemes.
More detail on what information landlords will have to provide to the looming Property Portal have been revealed by the Government.
The Government has said it supports measures that will allow landlords to either charge tenants with cats or dogs both pet insurance at the beginning of tenancies or request that they take out a policy themselves.
