The government is being urged to consider hard-up renters who won’t be able to take on their landlords despite any court system upgrade ahead of the Renters Reform Bill.
Housing secretary Michael Gove has pinned the blame for non-compliance within the private sector on foreign offshore landlords during a Q&A session at yesterday’s NRLA Conference in Birmingham.
A costly HMO conversion could prove a worthwhile long-term investment, with the average 8.1% HMO yield far higher than the 4.4% generated by a regular rental property, according to research by Octane Capital.
The mandatory national Property Portal for landlords to be introduced by the Renters (Reform) Bill next year will stop the spread of borough-wide selective licencing schemes, a leading MP has claimed.
Michael Gove used his speech to introduce the second reading of his Renters (Reform) Bill to pour cold water on calls for rent controls while also trying to reassure ‘good’ landlords that the abolition of Section 21 ‘no fault’ evictions will not affect them.
Following months of uncertainty, this year will be looked back upon as a tumultuous one for landlords.
Yes, legal terms confuse and like many specialisms, the confusion is added to by the fact that different terms often have essentially the same meaning.
A judge has opened the door to higher compensation being paid by landlords if they fail to protect their tenants’ rental deposits within one of the official schemes.
More detail on what information landlords will have to provide to the looming Property Portal have been revealed by the Government.
The Government has said it supports measures that will allow landlords to either charge tenants with cats or dogs both pet insurance at the beginning of tenancies or request that they take out a policy themselves.
A renters’ lobbying says its polling of England’s private renters has found a majority support the changes within the looming Renters (Reform) Bill getting its second reading today in parliament.
The Government has confirmed that it will not bring in its controversial ban on Section 21 evictions within the looming Renters (Reform) Bill until problems with the courts have been fixed.
The NRLA has urged the government to address court hold-ups while debating the Renters Reform Bill – or risk undermining work to improve the sector.
Investors are losing confidence in the Scottish PRS, while rent caps and increased construction costs are halting rental developments, says one property solicitor.
How to Rent Guide : very important when setting up a new tenancy, or on renewal, and when serving a section 21 notice.
University students rate Bath as having the best letting agents in the UK based on the number of reviews and average ratings.
A rogue landlord has been prosecuted for letting eight unlicensed HMOs which breached health and safety rules that put his tenants at risk.
A Kent landlord who dumped a huge pile of his tenant’s belongings in a country lane was rumbled after an investigation traced it back to him.
Commercial real estate has the advantage of providing landlords with a high income return, generally a higher yield than residential property, thats providing your tenants remain, rents can be increased regularly to keep pace with inflation, and where finances are involved, interest rate
SearchFlow one of the biggest conveyancing search providers in England and Wales has over 2,500 legal clients and conducts more than 1 million searches every year. On the 17th of May SearchFlows web seminar will brings together leading lawyers and practitione
England’s new private rental portal to track landlords, properties, compliance & disputes—enhancing transparency and enforcement.
HMO numbers in England have dropped by 3% during the past 12 months many landlords offloaded their buy-to-let stock instead of negotiating more legislative hurdles. Market analysis by Octane Capital reveals that while there were 511,278 HMOs in 2019/2020, this fell to 497,884 in
Multi-millionaire landlord Fergus Wilson has vowed to appeal against a High Court ruling ordering him to pay �125,000 to Ashford Council for harassing staff. A defiant Wilson tells LandlordZONE that he continues to dispute claims and believes the authorit
Traditionally, contracts for buying and selling property always relied on the old English common law principle of caveat emptor, or let the 'buyer beware'. In other words, the seller did not need to reveal material facts (defects) about the property for sale so long as the buyer, with
Tory MPs are urging the government to cut or scrap stamp duty in a bid to save homebuyers thousands although their proposals dont extend to landlords, LandlordZONE can reveal. Kevin Hollinrake, a member of the Treasury select committee and founder of Hunters estate agent,
There are said to be over a million British houses using wood burning stoves. Some of these are in rental properties and owners and tenants will want to be aware of the law changes on wood burning which were introduced this year. You could be penalised if you own or buy a wood-b
Facebook Marketplace has come under fire once more for helping facilitate rental scams, this time during a BBC One Rip-Off Britain investigation aired this morning. The programme highlighted two examples of rental scams, both of whic
Landlords are increasingly likely to be renting to older tenants in the coming decade with the proportion of renters in private rented accommodation over 65 years old doubling to 11.5%, it has been reported. Letting agency Hamptons says its research reveal
A council crackdown has uncovered four unlicensed HMOs and one being used as a cannabis factory in Kettering and Corby. North Northamptonshire Council joined forces with Northamptonshire Police in a week-long inspection of 76 HMOs, four of which are still being investigated.
HMO owners and associations are being urged to support calls for a rethink of plans to remove licensing requirements for HMOs used as asylum accommodation. Property lawyer at JMW, David Smith , wants the High Court to agree to a judicial review of changes o
The number of available private rental homes has dropped by more than a third since 2019 to a 14-year low. Only 241,000 PRS homes were available last month compared with 370,000 in June 2019, a fall of 35%, according to consultancy TwentyCi which analysed
A landlord couple have paid a heavy price for ignoring their tenant's request to fix a boiler after being fined �3,500. David and Emily Griffiths, of Tickhill Road, Harworth (pictured), Nottinghamshire left the tenant with no hot water or heating for three weeks. D
Landlord Action's Paul Sowerbutts discusses the impact of abolishing Section 21 and upcoming eviction reforms on landlords and tenants.
Energy efficiency improvement costs for most private rental homes work out at between �5,000 and �9,999 (46%), while almost a third (30%) could be improved for under �5,000, according to the latest government analysis. At the other end of the scale, 19% of homes would cost be
Landlords hit by mortgage rate hikes are demanding guarantors from increasing numbers of high earning tenants. Many tenants are seeing a greater proportion of their take-home pay go towards rent so are having to provide the additional security of a guarantor when signing new agr
Landlords should be prevented from serving an eviction notice for at least the first year of a tenancy, in the case of repossession for selling or occupying the property, according to a new report from the Fabian Society. The independent left-leaning
The Governments housing policies are coming home to roost as tenant demand continues to soar but the number of landlords advertising new properties to rent plummets, it has been revealed. RICS says that during June it found significantly more members (a net balance increase o
Landlords in one of London's biggest boroughs now need planning permission to convert family homes into HMOs for three to six tenants. After a year-long pilot and consultation with residents, the London Borough of Hounslow (main picture) has made its borough-wide A
Mortgage troubles spark surge in portfolio landlords selling up—explore what’s driving the exodus and what it means for the rental sector.
Government officials have reassured private landlords that judges will be able to consider a wider range of behaviours before using their judicial discretion in ASB eviction cases. Giving evidence to the Levelling Up Housing and Communities Committee into
Almost 250,000 BTL landlords face refinancing losses as borrowing rates near 7%, says Daily Telegraph.
The Governments Renters Reform Bill is unlikely to make progress through parliament until much later this year, housing minister Rachel Maclean has admitted. Maclean was unable to confirm when the bill would get a second reading during a Q&A with MPs from the Levelling Up
A team of independent fact checkers and campaigners has debunked Labours claims that most renters live in homes bought with a buy-to-let mortgage. Deputy leader Angela Rayner made the assertion last week, but charity Full Fact says the claim is technically incorrect, as it ho
A letting agency-owning landlord has been fined more than £17,000 for renting out one small room in an HMO to a family of five. Ruhul Shamsuddin and his company Lordsons Estates were found guilty of 23 housing offences relating to a
The Bank of England has warned that landlords with mortgages are under increasing strain from higher interest payments and other structural factors, all of which are likely to put pressure on their incomes�. The commentary is within the banks latest https:
Landlords arrears are growing at a faster rate than homeowners, according to new research that suggests fewer investors are being shielded from economic headwinds. https://www.octanecapital.co.uk/" Octane Capital found that buy-to-let arrears of more tha
Five tenants have shared a whopping �29,000 Rent Repayment Order after their landlord failed to licence its HMO. East London-based https://www.facebook.com/weletroomsuk/" We Let Rooms Ltd did not defend itself at a First Tier Property T
Corporate student housing giant expands as private HMO landlords exit, amid growing demand for purpose-built student accommodation (PBSA).
Landlord leader Ben Beadle has given Shelter a run for its money during a parliamentary committee evidence session on the Renters (Reform) Bill. Beadle, who is chief executive of the National Residential Landlords Association, wondered out loud during the meeting whether campaig
Changes in tax rules for buy-to-let landlords have definitely made the business of letting property more challenging, particularly with those who have taken on big mortgages to buy their rental properties. The removal of mortgage interest relief (Section 24 of the Finance Act) a
An Essex landlord has learned the hard way that unpicking rent-to-rent or guaranteed rent agreements can be a lot more difficult than many might believe. In a case handled by the Resolution Department Lead Suzy Hershman (main picture) and her team at
