One of the drawbacks of being labelled an expert is you are in demand for your expertise. It becomes your product and when stocks are running low, like we have all experienced when trying to find an egg in the supermarket at the end of the week for your Saturday morning cooked breakfast, th
After years of campaigning and lobbying by tenant groups the Government has committed to huge changes for landlords when evicting tenants.
Southwark Council has been given the green light for one of the UKs largest selective licencing schemes. It got approval from Housing Secretary Michael Gove following the introduction last year of a borough-wide additional licensing scheme for HMOs and a small, selective lic
Landlords and holiday homeowners continue to be clobbered by a tax grab from the Welsh Revenue Authority. The latest figures show revenue from the higher rate of stamp duty - Land Transaction Tax (LTT) - increased by 50% from �61 million in 2020/21 to �92 million in 2022/23 -
Migrant communities face discrimination while navigating the private rental market, according to new research by Generation Rent and Migrant Organise. Their poll of 126 migrant private renters found that 42% had struggled to find a landlord or letting agent to rent to them as a
The FT reports a surge in property stocks as inflation falls, and bricks and mortar property values could soon follow stocks? The latest Office for National Statistics (ONS) measure of inflation and prices, which includes consumer price inflation, producer price i
A landlord who failed to licence her six properties has ended up with a criminal conviction and hefty fines totalling nearly �18,000. London Land Holdings Ltd, London Land Holdings 1 Ltd and sole director of both companies, Susannah Meisner , were charged
Mayor of London Sadiq Khan has called on the government to bring in a licensing system for short-term lets in a bid to protect the capitals housing supply. More than 80,000 properties are listed on https://www.airbnb.co.uk/london-united-kingdom/stays" target="_blank"
<figure id="" class="w-richtext-figure-type- " data-rt-type="" data-rt-align=""><div><img src="https://cdn.prod.website-files.com/63bef2f3c329eff8e3a4af45/64cb9a643c7c4a123ad31709_image-5.png" alt="" id="" width="auto" height="auto" loading="auto"></div></figure>There has been much in the pres
Whilst were not currently seeing the soaring temperatures seen in Southern Europe right now, it always pays to be prepared when it comes to protecting your property. Our partner, https://www.totallandlordinsurance.co.uk/?utm_source=landlordzone&utm_medium=tli+article&utm_ca
Police forces across four UK counties urge landlords and agents to report signs of cannabis farms in rented properties as part of Operation Scorpion.
Northern Ireland landlord shifts from residential to commercial property, citing frustration with UK’s heavy tax burden on residential landlords.
Over recent years, governments have tightened lettings legislation and increased the tax burden on landlords. Add on the current cost-of-living crisis, high mortgage rates, and the Renters (Reform) Bill making its way through Parliament, some landlords are understandably beginning to wonder if it’s
Landlords and industry professionals have been invited to share their thoughts on a new professional standard aimed at helping surveyors provide useful retrofitting advice. The Royal Institution of Chartered Surveyors (RICS) has launched a consultation on its draft <strong id=""
A contrite landlord has apologised to the tenant he tried to illegally evict after being rapped on the knuckles by Coventry Council. The landlord sent text messages telling his tenant to leave when they told him the rent would be late. He then visited the property and took the t
Section 21 is the biggest headline grabbing element of the Renters Reform Bill but will be the least effective pieces of the legislation. Thats according to letting agent Kristjan Byfield (main picture), co-founder ofhttps://www.baseps.co.uk/"
Shelter has this morning launched a campaign in partnership with the Co-operative Bank to persuade the Government to press ahead with its proposal to abolish Section 21 evictions. The two organisations have launched a PR stunt on Parliament Square today covering it with 172 card
New data reveals the extent of the landlord exodus prompted by the current mortgage rate surge with 36% of landlords polled revealing they plan to sell a property over the next 12 months. The proportion intending to sell some properties was at 30%, up from 28% the last tim
With commercial property, rent reviews are generally to the open market rent, but sometimes the rent would be adjusted to the Retail Price Index (RPI). RPI is generally considered more favourable to landlords than CPI or other methodologies.There is no link between open market rent and inflatio
Amongst the thorny issues in the relationship between landlord and tenant is the building insurance premium. Unlike residential property where the landlord has a vested interest in making sure the premium is competitive, because more than likely the premium would not be recoverable from the tenan
Theres recently been a spate of press reports and political wrangling about the existence of Zero-Hour Contracts. This has become something of a hot political issue as we approach a general election, and one surprising development is recent attempts to embroil landlords in the issue, as if the
Traditionally, with commercial (business) leases, a contractual provision within the lease specifies the use, or uses to which a property may be put and the uses which are prohibited.The formal classification of Uses� are set out in the Town and Country Planning (Use Classes) Order 1987 as a
As most Assured Shorthold Tenancies (AST) are by definition, short, there is usually no need for landlords to get involved in processing a rent increase.However, some ASTs run for long periods after the fixed term has ended, i.e., when the tenancy becomes a statutory periodic tenancy, hence there
The ideal for any landlord is for the tenant to have a guarantor and provide a rent deposit. But which is better when the landlord has to choose?The starting point is the status of the tenant. With a tenant that is one person (an individual) the likelihood of that person being of independent fina
When you rent out a property two vital stages in the process are when you check-in your tenants at the start of the tenancy and check-out at the end.Preparation is the key to a trouble free let. When you prepare properly you are carrying out management processes so that nothing is left to chance
Elsewhere on LandlordZONE (at https://www.landlordzone.co.uk/information/what-is-a-section-25-notice" https://www.landlordzone.co.uk/information/what-is-a-section-25-notice and https://www.landlordzone.co.uk/information/what-is-a-section-26-notice-2 ) you can find out about sec
Contrary to popular belief, 'upward-only' rent review does not mean the rent must increase.An 'upward-only' review means that the rent payable after the review to open market rental is agreed or ascertained would not be less than the rent payable before the rent review, even if the open market re
London letting agent fined £8,000 for misleading tenants and using intimidation tactics; company dissolved.
Jerseys private landlords have urged lawmakers to rethink radical plans to shake up the sector which they fear will exacerbate the housing crisis. The Jersey Landlords Association (https://www.jla.je/" JLA ) has
Landlords should give renters some of their equity gains when they sell up to stop the giant tenant rip-off, according to https://www.bigissue.com/ The Big Issue boss John Bird (main picture). Bird b
One hundred percent of letting agencies in Scotland say they have seen more landlords exiting the market since the countrys government brought in and then recently-extended a rent rise cap and evictions ban. Agents canvassed by trade organisation Propertymark also reported an
A consultation has opened into proposals not to charge landlords who are preparing a property to let or waiting to find a tenant the empty homes a council tax premium. The government wants to strengthen the existing long-term empty homes premium by applying this to properties th
UK house prices fell by 3.1pc on an annualised basis in the first quarter (Q1) of 2023 and an increase in interest rates have a dampening effect on the market. Inflationary pressures With inflation currently running at 8.7pc (CPI), this is well above the Bank of Engl
Statutory licensing scheme plans for visitor accommodation in Wales have got the thumbs down from many holiday home owners, short-lets landlords and residents. The proposals, which will see all holiday homes, https://www.landlordzone.co.uk/tag/airbnb-landlords/" target=
Leasehold properties are becoming harder to sell due to escalating ground rents and limited lease terms, despite recent reform efforts.
Loopholes in the Renters Reform Bill around alternative possession grounds leave it open to abuse by unscrupulous landlords, claims a Labour activist and lawyer. A landlord will simply need to demonstrate an intention to use the property to live in or sell before they can
British landlords who use rental platforms to let holiday homes in the European Union will soon have to pay VAT on their rental income. Under the EUshttps://taxation-customs.ec.europa.eu/taxation-1/value-added-tax-vat/vat-digital-age_en" target="_blank" <strong
Most tenants want their landlords to be green and digital, a poll of some 2,000 renters has revealed. Despite debates about rental supply and rocketing rents dominating the public debate about the private rented sector, software firm MRIs poll found that two thirds want to in
The Scottish and UK governments are working together to prevent landlords banning children from properties after a BBC investigation revealed the practice was still rife. Following the launch of thehttps://www.totallandlordinsurance.co.uk/knowledge-centre/renters-refor
Paul Shamplina says the key reason why tenants with children are struggling to find rented accommodation is the ongoing supply crisis created by Government intervention in the sector, and the huge competition for properties that it is creating. Speaking to BBC Radi
The NRLA recently reported that 1 in 3 landlords are going to trim down their portfolios. A whopping 33% of landlords currently selling throughout the UK. Of that 33%, most landlords agreed that they would be willing to take 80% of the value just to get rid of them because mortgage payments
Property PR expert Russell Quirk has been defending private landlords from a torrent of vile abuse on social media. <figure id="" class="w-richtext-figure-type- " data-rt-type="" data-rt-align=""><div><img src="https://cdn.prod.website-files.com/63bef2f3c329eff8e3a4af45/64cb9a556b542a2d3a2d
The new Housing Loss Prevention Advice Service could result in more landlords fighting and potentially losing - expensive court battles. There are fears that the threat of a �15,000 legal bill if they lose their possession claim hearing could be enough to dissuade some from
A Bristol Council report has urged caution when introducing rent controls for the city. Councillors have been calling for central government to put the brakes on rent rises for months and set up the https://www.bristolonecity.com/one-city-bristol-living-rent-commission/
The BBC has revealed that 24% of adverts it examined listed by landlords via online letting agency OpenRent showed said no families. Of some 8,000 adverts by landlords listed on the site over a recent four-day period, 1,800 said no families while 73% of the listings
Pro-tenant campaigners have claimed that the Governments looming overhaul of the private rented sector will cost landlords a meagre �10 each per annum. The https://www.rentersreformcoalition.co.uk/" target="_blank" Renters Reform Coaliti
Tax increases on private landlords are reducing supply but not increasing owner occupation, making it difficult for the PRS to be commercially viable, according to a housing sector academic. Giving evidence to the Pensions and Work Committee on benefit levels, Prof
A major Midlands council is considering a selective licencing when its additional licencing scheme for HMOs finishes in 2025 as it seeks to answer critics who believe this type of property is damaging social cohesion in many areas. The Cabinet committee of West Northamptonshire
Living in an era where the UK has concerns about the security of energy supply, rising energy costs, and the need to meet environmental considerations, looking to innovative energy back-up alternatives makes sense. Since the shock of the war in Ukraine, it has become increasingl
Housing secretary Michael Gove has moved to reassure private landlords that the Government backs them, describing their work as vital to a functioning rented sector. His column for the https://www.nrla.org.uk/" target="_blank" NRLA </a
Strange proceedings have been reported at Bristol Magistrates Court after a landlord was fined �44,000 over serious fire safety issues at an HMO he operates. Joe Sutera attended the court hearing but refused to identify himself saying he was a man and that Joe Sutera h
A rogue landlord has been handed a hefty fine for renting out a dangerous and mouldy property his second in two years. Hazmar Fauz, of The Avenue in Welwyn, admitted several serious defects at the house in London Road, Luton, when he appeared before magistrates and was fined
