Scottish landlords exit amid stringent regulations and taxation; experts warn of worsening housing shortages and increased homelessness risk.
The Property Redress Scheme's (PRS) advisory panel has chosen experts from across the sector to join its new member panel. The UKs largest lettings redress scheme, covering more than 13,250 letting agency branches, launched the panels as new, open, and transparent forums to b
MPs have voted against an amendment to prevent a tax cut from applying to buyers of second and additional homes. During a debate on the Stamp Duty Land Tax (Reduction) Bill, Opposition Treasury Secretary Abena Oppong-Asare said that a clause which increases the threshold for peo
According to a new report just out by the Resolution Foundation (RF), UK households face a torrid time in the coming months in what is going to be the worst cost-of-living crisis in living memory. Its the aftermath of a Covid pandemic that involved massive Government borrowin
https://www.landlordzone.co.uk/news/judge-slams-arrogant-landlord-after-illegal-eviction-of-tenant-during-covid/" Rent Repayment Order (RRO) applications dropped significantly last year as tenants were put off by more restrictive Upper Tribunal and Court of Appeal decisio
Housing groups across Greater https://www.landlordzone.co.uk/news/latest-manchester-landlords-given-last-chance-to-comment-on-licensing-expansion/" Manchester have urged MPs and local policymakers to step in and protect tenants from eviction, warning that the system is no
Commercial capital property values fell 13% last year as rising interest rates impacted the sector, with industrial units taking the biggest hit. https://www.cbre.co.uk/" CBRE s monthly figures show values down 3% in December and annual total returns down by
Private renters are facing an increase in housing costs, with rental price growth at its highest rate in the UK since records began in 2016. About a quarter (26%) of all renters (both private and social) surveyed between 7th and 18th December reported that their rent payments ha
As landlords, we all know there is a wealth of legislation that we need to wrap our heads around to maintain compliance throughout the lifespan of a tenancy. Gas safety, energy efficiency, electrical safety, legionella risk assessments, insurances, prohibited payments, How to Rent, Right to
New laws will make it easier for broadband companies to gain access to thousands of https://www.landlordzone.co.uk/news/latest-mps-gives-tenants-new-rights-to-have-high-speed-broadband-kit-installed-in-blocks/" blocks of flats across England and Wales. The Tel
Landlords are being encouraged to donate the addresses of their vacant properties as part of a unique bid to stem homelessness. Dreamt up by architect Chris Hildrey, https://www.proxyaddress.co.uk/" ProxyAddress allows people to securely borrow a stable, donat
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
Grounds for Possession - Assured Shorthold TenanciesThe Housing Act 1988 as amended by the Housing Act 1996 lays down certain circumstances (grounds) under which a landlord may successfully apply to court for possession.The grounds for possessio
A woman who paid �13,000 for courses with property investment training firm Touchstone Education is fighting to get her money back after falling ill. The woman who wants to remain anonymous - first paid Touchstone Education �1,000 for an online course and then another
People often rent out their home when working abroad or going on extended travel, and they would naturally expect to return to live in their own on return. However, tenants are entitled to security of tenure for their contracted term safe in the knowledge that they can stay in the prope
With high street administrations and missed rent payments becoming commonplace, commercial property quarterly rent payment days are currently being highlighted in the media, with the last one, June 24th just having passed. Understandably, these deadlines are cau
The Coronavirus has affected all parts of the economy, including rentals, but tourism in particular has been hard hit. It meant that holiday lets came to a complete standstill during lock-down, whereas the traditional long-term lets have been far less affected. Short lets, altho
Self-professed millionaire landlord and YouTube property investment guru Paul Smith has been savaged by two national newspapers over the weekend after he suggested to his 12,000+ subscribers that they use the governments bounce back loans to invest in property. The scheme hel
The guarantor is the landlord's insurance policy against tenant default. The guarantor pays the landlord the rent if the tenant defaults, he pays the landlord all his losses, expenses or damages where the tenant fails to carry out his of her full obligations under the lease.This article
As councils across the UK rail against the spread of HMOs, the NRLA says it's not landlords' fault that there is such high demand for this kind of rental property. </h3>Wirral councillors have railed against HMOs whilerejecting one highly criti
After a consultation and a green light from the Secretary of State, the city's new property licensing net is set to get much tighter on June 6th. </h2>Brighton and Hove Council isset to hit landlords with some of the toughest licensing rules in
The government has published its latest and legally required How to Rent guide with details on the new Housing Loss Prevention Service.
TV star Paul Shamplina has called on landlords to urge tenants using pay-as-you-go (PAYG) energy services to fit smart meters.
High interest rates not forcing landlords to leave the private rented sector as some have claimed says Tom Entwistle
The Liberal Democrats have vowed to address the power imbalance between tenants and landlords by introducing national licensing and standards, longer tenancies, rent smoothing and empowered councils.
An elderly landlord’s long-standing failure to carry out roof repairs has resulted in a £5,000 win for his long-standing tenant.
A rogue landlord faces a possible jail sentence for harassment and failing to comply with a banning order.
A key member of the recently disbanded Energy Efficiency Taskforce has expressed regret that it failed to launch any effective ideas.
As the Bank of England’s base rate continues to ride high at 5.25% it has been revealed that a much higher proportion of landlords own properties via mortgages than was previously thought.
Estate agent chain Winkworth has waded into the debate on how to fix the broken property market by calling for an end to infighting around housing delivery and the reinstatement of landlords’ mortgage interest relief.
A landlord has been ordered to pay £5,312 for unlawfully evicting his tenant, leaving the renter with nowhere to stay and without access to his belongings and medication.
Nearly a quarter (23%) of people without a smart meter say it’s because - incorrectly - they live in a rental property that can't have one installed.
Scotland’s minister for tenant’s rights is oblivious to the havoc he’s wreaking in the PRS and the harm being caused to tenants, says Tory MSP.
New research from the consumer campaign group paints a grim picture of renters facing tough financial conditions as they struggle to pay the rent.
Welsh Housing Minister Julie James has warned that Rishi Sunak’s green U-turn means many tenants will continue to rent draughty, inefficient homes and face high energy bills for years to come.
A lack of public money to back landlords keen to upgrade their properties islikely to have been a major factor behind Rishi Sunak’s decision to scrap changesto minimum energy standards, an expert has claimed.
Increasing regulation of the private rented sector, the pain of finding tradespeople to do property repairs and increasing fraud are pushing more landlords into the arms of letting agents, it has been revealed.
London renters can flag up breaches of the Tenant Fees Act to Trading Standards by using a new reporting tool.
The Conservatives have put housing high on the agenda at their upcoming party conference, with at least 30 fringe meetings scheduled to discuss the topic.
Homeowners are buying the vast majority of rental properties being offloaded by landlords, reducing local rented supply.
Many landlords have spent thousands of pounds on energy efficient upgrades in readiness to meet regulations that have now been ditched by Rishi Sunak.
A ground-breaking ‘rent to buy’ service that helps tenants get on the property ladder has been expanded to include private landlords.
More evidence of trouble within the courts system and in particular for landlords seeking to evict tenants via possessin hearings has emerged, LandlordZONE can report.
The government has confirmed that the latest How to Rent guide will go live on Monday, 2nd October, including details on the new Housing Loss Prevention Service.
Letting for the first time can be a daunting prospect. Here is a summary of the key points you should look out for...
Ever since the launch of the Tenancy Deposit Scheme in April 2007, the lettings industry has recognised the importance of a professional standard inventory if deposit damage claims by landlords or their agents are to succeed.
