Running a storage rentals business, supplying and letting space for inanimate objects, as opposed to people, is potentially far more lucrative and a lot less troublesome than operating as a residential landlord. The UK self-storage industry has grown steadily over the last twent
At least 410 buy-to-let mortgaged properties were repossessed in the first quarter of 2023, 28% higher than in the previous quarter - the highest level since the start of the pandemic. https://www.ukfinance.org.uk/" UK Finance reports that 970 buy-to-let mortg
A https://www.landlordzone.co.uk/news/court-fines-unlucky-but-rogue-landlord-12000-over-unlicensed-hmo/" rogue landlord who illegally subdivided his property into seven separate flats has been ordered to pay back more than �110,000 through the Proceeds of Crime Act.<br><
Buy-to-let landlords could add the cost of making properties more https://www.landlordzone.co.uk/news/landlords-rush-to-offload-their-energy-poor-properties/" energy efficient onto their mortgage in an initiative to make more UK homes greener. https:/
In the second in a series of blogs for LandlordZONE on rental reform, Sean Hooker , Head of Redress at the https://www.theprs.co.uk/" <e
Tenants could effectively move in and give notice the same day under proposals in the https://www.landlordzone.co.uk/news/renters-reform-bill-we-take-a-first-look-at-the-radical-new-legislation/" Renters (Reform) Bill . The draft legislation scraps assured shor
Private landlords across the UK have found themselves in hot water, and its no surprise that many are rushing to sell their property portfolios. A recent article by the BBC reported that private landlords had expressed critical concerns that their rents wont cover the cost
Court reforms and extra funding are needed if the governments overhaul of the evictions process is to succeed, warn landlord groups and eviction specialists. It has promised to abolish section 21 no fault evictions as part of the https://www.landlordzone.c
A new ombudsman known as the landlord redress scheme - and property portal would be compulsory for all private sector landlords.
First look at the Renters (Reform) Bill: groundbreaking tenant protections, streamlined landlord redress & flexible ‘pets-in-lets’ rules.
Purplebricks, which at one stage was used by thousands of landlords to manage their properties, has announced that its assets and business are to be sold to rival Strike for �1, pending approval by its shareholders. Any funds remaining in the firm some �5.5 million are
Michael Gove approves relaxed HMO rules for asylum seeker housing, exempting safety standards and licensing; critics warn of potential exploitation.
The long-awaited Renters (Reform) Bill will finally be introduced in parliament after Prime Minister's Questions today. Setting out plans for 12 key reforms to the private rental sector, the 11th pledge - to give tenants the right in law to request a pet, which should not be unr
Agents lacking landlord licensing know‑how put landlords at risk — vital compliance gaps exposed.
It would seem that successive Tory governments have waged an ongoing and progressively more vicious war on buy-to-let landlords, but this latest layer of legislation goes much further. Yes, this latest iteration, and one thats https://bills.parliament.uk/bills/1768/s
Almost two thirds (63%) of private landlords who manage their own properties are tired of sorting out repairs and dealing with red tape and considering using a letting agency or property manager instead. A Uswitch poll of 2,000 landlords found that the most common reason t
Labour pledges stricter Decent Homes Standard 2 for private landlords, raising property quality and accountability ahead of next general election.
Keir Starmer is set to rebuff previous calls by London mayor Sadiq Khan to bring in a rent freeze, it has been reported. Khan has been banging his rent freeze drum for months now as the cost-of-living crisis has hit many tenants personal finances, telling the BBC in Oct
A new property awards has launched that aims to celebrate good landlords in the previously neglected HMO sector. The HMO Awards is dedicated to highlighting good practice and will hand out gongs to HMO agents, operators and investors at a ceremony with a difference that aims to
The London borough of Greenwich has re-started its planned roll-out of selective licensing across three of its key areas Woolwich, Plumstead and Shooters Hill. Expected to go live at the beginning of July following its Cabinet committee decision, this means nearly a fifth of
A high-profile property investor hailed as a rent-to-rent success story has put his company StayBC Ltd into liquidation, owing creditors nearly �1.5 million.<br><br>Newport-based Ben Brand charted his rapid rise on social media, describing his introduction to the property sector after atte
Like almost all industries the housing market is increasing its efforts to tackle climate change. Households account for 40% of the UKs carbon footprint and the government has forced landlords to move more quickly than others, and from 2025, all properties in the private rent
Practical ways landlords can boost property energy efficiency, cut costs, and meet EPC rules.
Landlords have been warned about the legal pitfalls of offering a home to Ukrainians fleeing the war. The governments newly launched Homes for Ukraine scheme lets individuals and businesses �360 a month to provide a spare room or separate self-contained accommodation for ref
Business rates or non-domestic rates are a variant of a 500-year-old tax, the current version of which was introduced in 1990 to fund local services based on property values, raising approximately �25 billion a year. RVA Surveyors are business rates reduction specialists who ha
Labour councillors in Hartlepool campaigning to restrict HMOs in the town have been told to find evidence of problems caused by shared properties. <figure id="" class="w-richtext-figure-type- " data-rt-type="" data-rt-align=""><div><img src="https://cdn.prod.website-files.com/63bef2f3c329ef
Thats the prediction made by the Economist Intelligence Unit (EIU) and banking software company, Temenos. Temenos AG is a company specialising in enterprise software for banks and financial services headquartered in Geneva, Switzerland. An overwhelming proportion of European
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.
Peers have rejected calls to set government targets for making properties more
Rising mortgage rates and regulatory changes lead thousands of London landlords to sell, intensifying the city's rental housing crisis.
Landlords and tenants are being encouraged to apply for new funding to help older and disabled people make adaptations in their homes so they can continue to live independently.
Months of economic turmoil has pushed the average landlord's <a href="https://newsarchive.landlordzone.co.uk/news/mortgage-rises-give-company-purchases-more-appeal/">mortgag
Months of economic turmoil has pushed the average landlord’s mortgage debt up 19% to £558,423 in the last 12 months.
andlords are feeling gloomy about the future, with those selling up blaming economic pressures, the Renters Reform Bill and upcoming EPC rules
Liberal Democrat leader Ed Davey has revealed that the Conservatives dismissed his call for energy efficient regulations in the PRS as “communist”.
HMOs (Houses of Multiple Occupation) first came to prominence in the form of student digs: fairly tatty shared houses, where students could live in groups for a low monthly rent.
A new group - theLandlord Leaders Community has been set up to bring the sector together and provide practical tools for
Many landlords will find themselves materially worse off by 2026, despite
With Labour's predilection for bashing landlords (though the current Conservative Government needs no encouragement on that), you would expect a Labour government to double
Newham Council has approved a radical new plan to buy up properties where tenants have been threatened with eviction because their landlord no longer wants to let the property
A leading housing lawyer has questioned the use of property regulation compliance fees which appear to absolve letting agents of their responsibilities to ensure a landlord's
Private landlords are to be held accountable for damp and mould in their homes including unlimited fines for those who flout the rules, new guidance from the Government has ma
The government has promised to focus on promoting grants to make PRS homes more energy efficient and ensure that tenants won't be penalised for demanding green improvements.
Three-quarters of landlords who plan to buy a new rental property in the next year will use a
A leading energy efficiency consultant has called for a transformation in the way landlords operate short-let holiday accommodation, saying this housing sector needs to reduce
