Average house prices fell by -1.5% in December, while the annual growth rate dropped from +4.6% to +2.0%, according to the Halifax House Price Index. A typical property now costs �281,272 - down from �285,425 in November following six months of rapid growth during the firs
Propertymark has voiced fears that the governments ECO plus scheme risks excluding many landlords with low-rated properties. In its response to the Department for Business, Energy and Industrial Strategys consultation into the scheme to help fund home insulation, the indus
Cherwell District Council has pressed the government to urgently introduce the long-awaited Renters Reform Bill to help it rebalance the relationship between landlords and tenants. The north Oxfordshire authority has written to Housing Secretary Michael Gove asking him to bring
All non-domestic properties usually have their business property Rateable Value (RV) revalued every five years by the Valuation Office Agency. The next revaluation is due to take place on 1 April 2023. What is Rateable Value? The value is determined by the Valuation
The average cost of rent fell slightly during December, dropping 1.47% to �1,071, according to the latest Rental Index from https://www.goodlord.co/" Goodlord .<br><br>The South West saw the largest reduction of 2.68% to �1,066 while the only region to see an increase wa
Landlords should think carefully before attempting to remove good tenants who resist rent increases, advises https://www.landlordaction.co.uk/ Landlord Action founder Paul Shamplina - or risk replacing them with tenants who stop paying rent. If you have a
A letting agency boss has been hit with an 11-year ban after repeatedly abusing the https://www.landlordzone.co.uk/news/landlords-who-took-out-bounce-back-loans-given-six-month-breathing-space/" Bounce Back Loan scheme. Laszlo Szabo, the sole director of Letti
Almost two-thirds of landlords (62%) will be forced to raise rents by at least 10% in the next 12 months if market conditions dont improve. Research by Aldermore Bank found that despite this, landlords feel conflicted about passing on costs in an alread
Legal & General Capital helped fund more than 17,000 new homes across affordable housing, suburban build-to-rent (BTR), modular housing, traditional build-to-sell, and key worker homes last year. The insurance group invested �5 billion towards levelling up the UKs towns
If you havent heard of it before, the Renters' Reform Bill is set to be voted on before May 2023, bringing with it a plethora of proposed changes for landlords and tenants alike. Shelter , who along with other organisations are cam
Long-term HMO landlords in Portsmouth risk losing their C3/C4 status with no chance of getting it back due to confusion over planning rules, it is claimed. Many took advantage of the option to switch between family use (C3) and HMO (C4) without needing planning permission in 201
The rental sector is likely to see some of the biggest changes since the 1980s, so do your homework and keep yourself up-to-date. All the signs are that operating as a residential landlord in 2023 will be just as challenging as it was last year, if not more so here are my to
Leading property sector figure Kate Faulkner has been given an OBE in the New Years Honours List. Faulkners honour is for her involvement with landlords, estate agents and consumers including her work leading the property industry Home Buying and Selling Grou
The worst fears of a commercial landlord are realised when the flow on quarterly or monthly rent payments starts to dry up! Read on to find out what to do if you're faced with this. According to the latest available Office of National Statistics (ONS) figures, the number of comp
The NRLA has backed the growing number of student landlords 'panicked' by the Governments plans to bring in periodic or open ended tenancies across the private rental sector. Concern is widespread within the student community, new research reveals, with 84% saying they
A landlord in the Midlands has launched a parliamentary petition calling on the Government to reverse its Section 24 tax changes for landlords, which since 2017 has gradually removed their ability to claim mortgage interest rate against their tax liability. Announced by George O
Nearly two-thirds of private rental properties wont reach proposed minimum EPC levels, according to new research. Data compiled for property data platform LandTech shows that 64% of private rental properties would fail to reach an EPC rating of C or abo
Only landlords with property incomes over £30,000 will now need to comply with HMRC's looming https://www.gov.uk/government/publications/making-tax-digital/overview-of-making-tax-digital" target="_blank" Making Tax Digital (MTD) https://www
The UKs competition watchdog is to launch an investigation into consumer rights for those rent their homes and the activities of landlords and letting agents. This announcement, which has been made by the Competition and Markets Authority (CMA), reveals that it intends to she
A cross-party group of MPs and peers has suggested that landlords who dont upgrade their properties should be liable for mortgage penalties. The All-Party Group on a Green New Deal believes there should be a 1% mortgage interest rate premium levied on all buy-to-let propertie
The government has announced support for thousands more households including tenants living in HMOs - to help pay their energy bills. Households without a direct relationship to an electricity supplier are covered by thehttps://www.gov.uk/get-help-energy-bills/getti
As part of the Department for Levelling Up, Housing and Communities (DLUHC) levelling up� fund the money is to be used by the council to work proactively and engage with landlords�, in particular with those landlords who rent out houses in multiple occupation (HMOs) and own con
Property expert Kate Faulkner (main pic) says new rules to introduce professional qualifications for social housing managers are a slap in the face for the PRS� after years of lobbying for similar standards. The government has a
Scottish rent cap removal and Gwynedd's Article 4 Direction spark landlord concerns over housing supply and market stability.
A paltry nine cases were mediated in the governments pilot Rental Mediation Service - nowhere near the 3,000 cases it expected, it has been revealed. The Department of Levelling Up, Housing and Communities and the Minister of Justice had hoped that the pilot, which offered te
Landlords and letting agents need more information and financial help if the Boiler Upgrade Scheme is to succeed, according to Propertymark. In its evidence to the Lords Built Environment Committee inquiry into the scheme, the group says 48% of Propertymar
New leaseholder protections in the Building Safety Act 2022 came into force on 28 June 2022, with new financial protections for leaseholders in buildings above 11 metres or five storeys, those with historical safety defects. The new Building Safety Act 2022 was introduced follow
Scores of landlords could be owed thousands of pounds in stamp duty overpayments, according to a specialist tax firm.
The PM is considering scaling back the Government’s green pledges by delaying the ban on new petrol and diesel cars from 2030 to 2035 and slowing the phase-out of oil and gas boilers.
The NRLA has urged the Welsh government to ditch rent control proposals as the worst possible idea for a PRS facing a chronic supply and demand crisis.
A property management firm and its fire risk assessors face a hefty fine for fire safety breaches following a blaze which saw 17 people evacuated.
Sunak to U‑turn on boiler ban & ditch EPC fines for landlords, easing thousands in green‐policy costs.
In an unusual move the Jersey government is to give local authorities on the island more powers to prosecute landlords who do not protect tenants' deposits within the 30 day
A rogue landlord who ignored fire risks and serious hazards at his flats and caravans has been fined £32,000.
Landlords can effectively now charge what they like as the government’s draconian policies are stifling competition, says Nottingham benefits landlord Mick Roberts.
In an unusual move the Jersey government is to give local authorities on the island more powers to prosecute landlords who do not protect tenants’ deposits within the 30 days required, it has been reported. A tenant deposit protection scheme was introduced on Jersey in 2015 and landlords, as in mai
The National Residential Landlords Association has warned the Government that the crumbling courts system for evictions will undermine its hoped-for reforms of the private renting sector unless they are reformed.
A landlord who ignored his tenants' pleas to fix their boiler during sub-zero temperatures has been ordered to pay out nearly �10,000 in fines and compensation.
A leading buy-to-let mortgage broker has said the Government has ‘needlessly spooked’ landlords with its rhetoric designed to ‘curry favour with tenants’.
Wandsworth Council is to launch a consultation into borough-wide additional licensing and a selective licensing scheme in three of its wards.
A landlord who ignored his tenants’ pleas to fix their boiler during sub-zero temperatures has been ordered to pay out nearly £10,000 in fines and compensation.
Rental properties with an EPC certificate below a band C are becoming more difficult to sell to other landlords, new research has suggested.
Latest rental market data from London reveals a private rental sector still on fire as rents rise by 11% year-on-year, says agency Foxtons.
The latest government guidance places the responsibility for damp, mould and condensation firmly in the lap of the landlord, whatever the cause!
LandlordZONE readers are invited to join a gathering of like minds being organised by the National Landlords Investment Show in Elstree, Hertfordshire on 27th September 2023.
Changes to the student rental market under the Renters (Reform) Bill could result in even less protection for students, according to York‘s Residential Landlord Association.
London Mayor Sadiq Khan has been pulled up for selectively using statistics to lend weight to his demands for rent controls in the capital.
The Competition and Markets Authority (CMA) is to probe five different activities involving landlords and letting agents, and their responsibilities to private tenants.
If you need to sell you no longer have to worry about Estate Agents taking too long, or auctions offering too low a price, portfolio exit specialists are the solution.
The Renters Reform Bill is on track to get Royal Assent next June, says the NRLA – despite the possibility of a snap May general election.
Landlords and tenants could be in line for some extra funding towards energy efficient improvements following the launch of the Great British Insulation Scheme.
Landlords in Scotland hampered by rent controls have managed to drive annual rent growth faster than anywhere else in the UK.
