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Experts join forces to share knowledge and raise redress standards

Experts join forces to share knowledge and raise redress standards

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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

Bid to ditch stamp duty benefit for BTL investors thrown out by MPs

Bid to ditch stamp duty benefit for BTL investors thrown out by MPs

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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

The average UK household will lose over �2,000 in income this year

The average UK household will lose over �2,000 in income this year

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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

Large fall in rent repayment cases as councils also scupper tenants' chances

Large fall in rent repayment cases as councils also scupper tenants' chances

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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

Greater Manchester plea to sort out broken housing system

Greater Manchester plea to sort out broken housing system

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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 landlords struggle to see return on their investment

Commercial landlords struggle to see return on their investment

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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

Tenants forking out more for homes as rental price rises bite

Tenants forking out more for homes as rental price rises bite

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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

BLOG: Ignoring deposit protection law can ruin some landlords - so seek advice

BLOG: Ignoring deposit protection law can ruin some landlords - so seek advice

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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

Landlords can no longer obstruct broadband upgrades

Landlords can no longer obstruct broadband upgrades

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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

Helping homeless to move on could be right up landlords' street

Helping homeless to move on could be right up landlords' street

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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

December dip makes small dent in rising house prices

December dip makes small dent in rising house prices

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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

Industry finds holes in energy scheme's bid to cut bills

Industry finds holes in energy scheme's bid to cut bills

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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

Get a move on with PRS reforms, council tells Gove

Get a move on with PRS reforms, council tells Gove

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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

Business rates revaluation 2023 will hit small retailers hardest

Business rates revaluation 2023 will hit small retailers hardest

News

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

Modest drop in rental costs heralds busy start to the year

Modest drop in rental costs heralds busy start to the year

News

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

Good relationships will make all the difference in a challenging year

Good relationships will make all the difference in a challenging year

News

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

Ban for letting agent who claimed £100K in Bounce Back loans

Ban for letting agent who claimed £100K in Bounce Back loans

News

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

Majority of landlords will have to raise rents next year 'by at least 10%'

Majority of landlords will have to raise rents next year 'by at least 10%'

News

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

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A read asks - What will be the effect of the Renters' rights bill on my buy to let business? 

A read asks - What will be the effect of the Renters' rights bill on my buy to let business? 

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The Renters' Rights Bill will become law soon; a reader asks, what will be the result of it on my buy-to-let portfolio?

Landlord being 92 years old 'no excuse' for licensing failure

Landlord being 92 years old 'no excuse' for licensing failure

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A 92-year-old landlord has been slapped with a £9,360 Rent Repayment Order after two tenants took him to tribunal for renting out an unlicensed HMO.

Landlords slam Labour as 'anti investment' in housing

Landlords slam Labour as 'anti investment' in housing

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Landlords have accused Labour of being ‘anti investment’ in the as a new survey reveals over half are worried about the costs of EPC upgrades, the Renters’ Rights Bill and mooted increases in Capital Gains Tax.

Greens fail in bid to stop above-inflation rent increases

Greens fail in bid to stop above-inflation rent increases

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The Scottish government has rejected proposals to increase rents by no more than the cost-of-living or increase in wages, at the latest stage of the Housing (Scotland) Bill.

'Clean-up' of property deal sourcing sector begins with new initiative

'Clean-up' of property deal sourcing sector begins with new initiative

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A new initiative aims to clean up property sourcing’s reputation and help compliant agents get deals signed off by finance firms.

Landlords endure even longer wait to get properties back

Landlords endure even longer wait to get properties back

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The government has been warned that its failure to acknowledge the true state of the courts risks eroding landlord confidence.

Bungalow shortage hits older renters hard

Bungalow shortage hits older renters hard

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A fall in the number of bungalows to rent is impacting the growing number of older and disabled tenants.

Landlords' household definition confusion results in £11,250 fine

Landlords' household definition confusion results in £11,250 fine

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A landlord pair have failed to convince a tribunal judge that their tenants’ relationship excused them from getting an HMO licence.

'Build more affordable homes instead of hitting landlords'

'Build more affordable homes instead of hitting landlords'

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A Scottish parliamentary committee has called for an action plan to tackle the country’s “predictable and preventable” housing emergency, with the property industry also saying rent controls ‘are not the answer’.

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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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?

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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

COMMENT: Government has got itself in a muddle over the rental market

COMMENT: Government has got itself in a muddle over the rental market

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Bidding wars, tenant CVs, queues outside properties � these phenomena have become common in the rental market across Britain.� So runs the editorial in this week's Su

BREAKING: Fines for Right to Rent breaches to rise from £80 to £5,000 per tenant

BREAKING: Fines for Right to Rent breaches to rise from £80 to £5,000 per tenant

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The Home Office has revealed plans to hugely increase the level of fines that landlords can face if they are found to have not checked tenants properly to see if they have the

Landlord fined £36,000 by court after fire reveals his property wasn't licenced

Landlord fined £36,000 by court after fire reveals his property wasn't licenced

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A landlord in the North West has been handed a �36,000 fine after a fire at his property revealed it had not been licenced.

Warwick to charge landlords £1,116 as it doubles size of HMO licencing

Warwick to charge landlords £1,116 as it doubles size of HMO licencing

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Warwick is the latest local authority planning to more than double the size of its HMO licencing scheme, starting in January 2024. This follows a public consultation earlier t

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

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

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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'

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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