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Government tax 'windfall' revealed as more landlords sell their properties

Government tax 'windfall' revealed as more landlords sell their properties

Information

Official figures out today revealing a huge increase in capital gains tax paid on residential property sales can be explained by more landlords than usual selling rental homes

'Base rate rise will put landlords and tenants under even more financial strain'

'Base rate rise will put landlords and tenants under even more financial strain'

News

Landlords have warned the Bank of England that its decision to raise the base rate by a quarter of a percent to 5.25% will only put more pressure on to renters and buy-to-let

ANALYSIS: Short term lets under threat...

ANALYSIS: Short term lets under threat...

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The rental market in the UK has undergone something of a revolution in recent years, with a significant shift away from permanent or long-term renting towards Airbnb style hol

Unusual legal win by landlord shows appealing council fines can be worth it

Unusual legal win by landlord shows appealing council fines can be worth it

News

Landlords operating good-quality and well managed rented properties and who are of good character should fight unfair council fines for failing to licence properties, an unusu

Landlord company registrations rise as many seek to avoid higher tax bills

Landlord company registrations rise as many seek to avoid higher tax bills

News

Higher taxes and the pandemic have significantly increased the number of landlords starting up limited companies rather than owning and operating properties personally, new re

Market rents hit £1,367 as void periods plunge

Market rents hit £1,367 as void periods plunge

Information

Market rents hit historic high of £1,367 PCM as void periods plunge—explore the market shift and what it means for landlords.

Is it fair that councils can fine landlords even though they too break the law?

Is it fair that councils can fine landlords even though they too break the law?

Opinion

There is a burning issue within the rented homes market that is grossly unfair on private landlords and that is never discussed by politicians or the trade associations that o

Landlord to pay tenants £12,500 because 'innocence of law is no defence'

Landlord to pay tenants £12,500 because 'innocence of law is no defence'

News

Being ignorant of landlord law is no defence, a brutal legal point that has cost a landlord duo in London dearly after they were told by judges to repay their tenants �12,500

Looming EPC changes already skewing the buy-to-let market, claims finance boss

Looming EPC changes already skewing the buy-to-let market, claims finance boss

News

The Governments plans to force landlords to upgrade their properties to a minimum C energy efficiency standard is already affecting how rental properties are being purchased, the boss of a big money firm has claimed. Louisa Sedgwick, Commercial Director at Paragon Bank

City office space under threat as personified by Canary Wharf exodus

City office space under threat as personified by Canary Wharf exodus

News

The pattern of office working is changing and nowhere is its effect on commercial property being felt more strongly than in Londons Docklands Canary Wharf. A once thriving financial centre The development of the wharf into a thriving financial centre just outsi

BREAKING: Gove green lights expensive new licencing scheme in Nottingham

BREAKING: Gove green lights expensive new licencing scheme in Nottingham

News

Michael Gove has given Nottingham city council the green light to proceed with one of the UKs most expensive and controversial selective licensing schemes. Due to start on December 1st, it will require all rented properties within 20 of its wards to be licenc

Government is afraid EPC upgrades will be final straw for landlords, says big bank

Government is afraid EPC upgrades will be final straw for landlords, says big bank

News

A leading lender believes the governments likely decision to row back on EPCs is linked to fears that it will hit an already struggling PRS. Earlier this week, Housing Secretary Michael Gove suggested a delay in bringing in energy efficiency plans for rental properties to

Property firm reports more landlords selling up as 'red tape' burden rises

Property firm reports more landlords selling up as 'red tape' burden rises

News

Home buying company the Open Property Group (OPG) has reported a 56% jump in PRS property purchases during the past year, with landlords blaming red tape for their decision to sell up. It bought nearly �6 million worth of property from homeowners and landlords looking for a fas

Payday! Three tenants to share �20,000 after landlord fails to licence property

Payday! Three tenants to share �20,000 after landlord fails to licence property

News

Three tenants have won a �20,160 rent repayment order from their landlord who failed to licence his HMO. A First Tier Property Tribunal found that Simon Freed let out the three-bedroom flat in Frognal Court, Camden (main picture), a

Scots Ministers avoid revealing how many landlords are seeking big rent rises

Scots Ministers avoid revealing how many landlords are seeking big rent rises

News

The Scottish Government has decided not to publish details of how many landlords north of the border have applied to raise their rent above the 3% maximum allowed under the countrys Cost of Living (Tenant Protection) (Scotland) Act. This controversial legislation was first in

Landlords warned over increase in unauthorised and illegal sub-letting by tenants

Landlords warned over increase in unauthorised and illegal sub-letting by tenants

News

Sub-letting is on the increase within the private rented sector as the cost of living crisis bites, it has been reported. Direct Line says nearly half of all tenants who sublet rooms within their property have not told their landlord or checked they are allowed to within their r

Council's desperate measures to stop landlords evicting tenants revealed

Council's desperate measures to stop landlords evicting tenants revealed

News

Brent Council is paying a landlord to house the tenant he was trying to evict after failing to come up with any alternative accommodation. The authority paid the legal fees and took over responsibility for paying the rent as long as the landlord continued to let his tenant stay

BTR makes another leap forward with £1.26 billion invested in just three months

BTR makes another leap forward with £1.26 billion invested in just three months

News

T The UKs build-to-rent (BTR) stock now stands at 88,100 completed homes, with a further 53,500 homes under construction and 111,800 in the planning pipeline. Savills research reveals that in the second quarter of the year, the sector saw a record-breaking �1.26

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BREAKING: Don't expect an extension to the electrical safety standards deadline, says ministry

BREAKING: Don't expect an extension to the electrical safety standards deadline, says ministry

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Landlords have been warned not to expect a grace period or extension to the deadline for properties to confirm to the new electrical safety standards. Originally, an https://www.gov.uk/government/publications/electrical-safety-standards-in-the-private-rented-sector-guid

Average house price to rise by 17% over next ten years and to nearly �400,000 by 2050

Average house price to rise by 17% over next ten years and to nearly �400,000 by 2050

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News
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The average UK house price could surge by 17% in the next decade, based on historical data from the past 40 years, and is set to reach �400,000 by 2050. Property buying firm Good Move has studied house prices in the UK since 1980 to predict what the market might look like in th

Cleaning is still the biggest cause of deposit disputes

Cleaning is still the biggest cause of deposit disputes

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News
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What is a clean and tidy house to some is and unacceptably dirty mess to others; people have different standards and this will never change. Alternatively, some tenants are just too lazy to leave the place clean and tidy: dirty carpets and furniture, filthy bathrooms and toilets, and kitchen work

Legal case: the question of quiet enjoyment and nuisance

Legal case: the question of quiet enjoyment and nuisance

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In every tenancy there is an implied right if not an express covenant that promises that the tenant is able to possess the premises, not just without noise, quiet enjoyment� as the term implies, but in peace and without without disturbance by hostile claimants�, including from the

National Residential solve any problem to sell buy-to-lets for the best possible price.

National Residential solve any problem to sell buy-to-lets for the best possible price.

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If you're a landlord and you haven't yet heard of us here at <a rel="noreferrer noopener" href="http://www.national-residential.co.uk/" target="_blank">National Re

BREAKING: NRLA report into 'unaccountable' Rent Smart Wales reveals range of failings

BREAKING: NRLA report into 'unaccountable' Rent Smart Wales reveals range of failings

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News
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Landlords have slammed the registration and licensing authority that regulates the private rented sector in Wales, taking the organisation to task for a range of failings. Rent Smart Wales was set up https://www.landlordzone.co.uk/news/starting-date-for-rent-smart-wales

Anti-money laundering legislation to apply to letting agents

Anti-money laundering legislation to apply to letting agents

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The Government thinks that the risk of money laundering taking place in estate agency is on the rise, especially in high-end lettings - the top 5% of lets in value. However, there is a lot of uncertainty as to the full scale of money laundering in lettings says ARLA Propertymark. <p id="

Case Law: planning law and the right to light

Case Law: planning law and the right to light

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In Beaumont Business Centres Ltd v Florala Properties Ltd (2020) the High Court considered the legal position regarding a serviced office providers right to light following an adjoining apathotel development. Beaumont Business Centres Limited took out an injunction against Fl

Test Case: Landlord's consent with mutual and absolute covenants

Test Case: Landlord's consent with mutual and absolute covenants

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In this case - Duval v 11-13 Randolph Crescent Ltd - reached the Supreme court in May 2020 after a tenant in a block of flats had requested the landlords consent for alterations, but disputed by another tenant in the same block, objecting to the landlord giving consent. Under

Landlords face £4,000 loss due to rising mortgage rates

Landlords face £4,000 loss due to rising mortgage rates

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Landlords have effectively lost more than �4,000 in earnings per property during the last year thanks to soaring mortgage rates and rising costs.

Even upmarket landlords face 'stark choices' now says leading property figure

Even upmarket landlords face 'stark choices' now says leading property figure

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Landlords in the capital's prime rental sector are facing a stark choice between topping up a rent shortfall or selling up.

Landlord shocked after bank paints unauthorised mural all over rented house

Landlord shocked after bank paints unauthorised mural all over rented house

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Impending oil boiler ban will affect many rental properties

Impending oil boiler ban will affect many rental properties

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UK's oil boiler ban for off-grid homes delayed to 2035; landlords face retrofit challenges with heat pumps in rural properties.

'HMRC figures show landlord exodus began TWO years ago', says Savills

'HMRC figures show landlord exodus began TWO years ago', says Savills

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New data analysis confirms a rise in buy-to-let landlords selling properties during the past two years and the potential for more properties to leave the sector.

POLL: Landlords worried over plans to bring in compulsory ombudsman

POLL: Landlords worried over plans to bring in compulsory ombudsman

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Nearly 60% of landlords are either against or not convinced by the Government's plans to bring in mandatory membership of an ombudsman for all landlords in England, it has b

Is it fair when landlords are charged huge arrangement fees for BTL mortgages?

Is it fair when landlords are charged huge arrangement fees for BTL mortgages?

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A mortgage expert has advised landlords not to be put off by high arrangement fees on BTL mortgages, but some landlords and brokers have accussed lenders of profiteering.

EXCLUSIVE: New licencing schemes to rise by 31% in 2023 says data firm

EXCLUSIVE: New licencing schemes to rise by 31% in 2023 says data firm

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News
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The number of selective and HMO additional licensing schemes launched this year has already equalled last year's total as councils come under pressure to tackle private rent

Town declares housing crisis blaming 'skyrocketing' rents partly on landlord exodus

Town declares housing crisis blaming 'skyrocketing' rents partly on landlord exodus

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A town council in the SW has declared a �housing crisis' blaming affluent new arrival renters but also 'landlords pulling out of the market' for rapidly-rising rents.

UPDATED: Bed bugs, an increasingly common problem in rentals...

UPDATED: Bed bugs, an increasingly common problem in rentals...

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Bedbug Pest Control: There's been an explosion in the incidence of bed bugs that Rentoki

'Ministers must tackle tenants who abandon homes and cost landlords £1,000s'

'Ministers must tackle tenants who abandon homes and cost landlords £1,000s'

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Property sector bosses have urged the government to give landlords stronger laws to take back possession of their property if it has been abandoned.

NEW: Landlords feeling economic heat, new mortgage arrears data shows

NEW: Landlords feeling economic heat, new mortgage arrears data shows

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If the Government needs evidence that landlords are struggling in the current economic climate, then the most recent mortgage arrears and repossessions figures should be sober

Are Policy Makers Pushing Landlords Under The Proverbial Bus To Win More Votes?

Are Policy Makers Pushing Landlords Under The Proverbial Bus To Win More Votes?

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It's hard not to come to the conclusion after reading the most popular articles, discussions and comments in multiple landlord news portals that landlords are being

Developers’ greed resulted in them “cooking their own goose”

Developers’ greed resulted in them “cooking their own goose”

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For many years some housing developers in the UK were involved in a leasehold housing scam; they found a very lucrative second income stream, but this was all at the expense o

Serious shortage in student accommodation provides real opportunity for landlords

Serious shortage in student accommodation provides real opportunity for landlords

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While there has been a shortage of all types of rental accommodation across the UK for several years now, the student market has been hit particularly hard.There is currently a shortfall of over 200,000 beds, which is expected to grow to around 450,000by 2025. This is thanks to rising student number

Landlords exiting PRS drives 35% rise in Section 21 'no fault' evictions

Landlords exiting PRS drives 35% rise in Section 21 'no fault' evictions

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Shelter has urged the government to make scrapping Section 21 a priority&nbsp;after new Ministry of Justice data showed a 41% rise in the number of households removed from the

Landlords urged to give views on major changes to Scottish EPCs

Landlords urged to give views on major changes to Scottish EPCs

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Landlords are being urged to give their views on an overhaul of EPCs (Energy Performance Certificates) in Scotland including making both residential and commercial landlords a

LATEST: Demand for rental property remains strong as property sales nosedive

LATEST: Demand for rental property remains strong as property sales nosedive

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The latest RICS housing report has revealed a sharp downturn in property sales but in contrast a rental market bolstered by continuing �strong demand', landlords will be r

FREE webinar: Will it become more difficult to evict tenants next year?

FREE webinar: Will it become more difficult to evict tenants next year?

Opinion
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Many landlords will not have clocked the huge changes coming down the line within the Government's Renters (Reform) Bill due to become law next year - but h

Tenants to get £15,000 after landlord found guilty of "cynical disregard" for rules

Tenants to get £15,000 after landlord found guilty of "cynical disregard" for rules

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Two rogue landlord firms which granted a tenancy in �cynical disregard� of licensing rules, then failed to properly repair ongoing faults, have been handed a hefty fine.</

REPORT: London rental stock shrinks by 41% as landlords quit sector

REPORT: London rental stock shrinks by 41% as landlords quit sector

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London's rental market is contracting dramatically as landlords exist the market, a new joint report by estate agency Savills and the London School of Economics has highligh

Landlord wins praise for offering 'only locals' affordable property in town

Landlord wins praise for offering 'only locals' affordable property in town

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A landlord in the Kent seaside town of Whitstable has won plaudits after deciding to rent her rental property to local people, it has been reported.

NRLA slams Ministers over 'gimmicky' £10,000 fines for Right to Rent breaches

NRLA slams Ministers over 'gimmicky' £10,000 fines for Right to Rent breaches

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Both landlords and letting agents have slammed the Government's proposal to hugely increase fines for property managers who breach existing Right to Rent check laws.

Tech firm that helps landlords sell rented homes to sitting tenants secures first funding

Tech firm that helps landlords sell rented homes to sitting tenants secures first funding

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A free service that helps landlords manage their portfolios more profitably but also sell individual properties to sitting tenants through an innovative funding model has secu

Northern council prepares planning crackdown against HMO conversions

Northern council prepares planning crackdown against HMO conversions

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Bolton council has revealed its intention to begin a coordinated campaign to rein-in the creation of more HMOs within its boundary including via planning and parking rules and