The rental sector is likely to see some of the biggest changes since the 1980s, so do your homework and keep yourself up-to-date. All the signs are that operating as a residential landlord in 2023 will be just as challenging as it was last year, if not more so here are my to
Leading property sector figure Kate Faulkner has been given an OBE in the New Years Honours List. Faulkners honour is for her involvement with landlords, estate agents and consumers including her work leading the property industry Home Buying and Selling Grou
The worst fears of a commercial landlord are realised when the flow on quarterly or monthly rent payments starts to dry up! Read on to find out what to do if you're faced with this. According to the latest available Office of National Statistics (ONS) figures, the number of comp
The NRLA has backed the growing number of student landlords 'panicked' by the Governments plans to bring in periodic or open ended tenancies across the private rental sector. Concern is widespread within the student community, new research reveals, with 84% saying they
A landlord in the Midlands has launched a parliamentary petition calling on the Government to reverse its Section 24 tax changes for landlords, which since 2017 has gradually removed their ability to claim mortgage interest rate against their tax liability. Announced by George O
Nearly two-thirds of private rental properties wont reach proposed minimum EPC levels, according to new research. Data compiled for property data platform LandTech shows that 64% of private rental properties would fail to reach an EPC rating of C or abo
Only landlords with property incomes over £30,000 will now need to comply with HMRC's looming https://www.gov.uk/government/publications/making-tax-digital/overview-of-making-tax-digital" target="_blank" Making Tax Digital (MTD) https://www
One of Londons leading property management figures has said the Governments plans to abolish section 21 evictions is a sledge hammer to crack a nut and not an effective solution to the issue of bad landlords within the private rented sector. The comments come from An
Landlords in Scotland have been hit with a stamp duty rise as the government strives to raise additional revenue. It announced legislation in the Budget statement to increase the rate of the Additional Dwelling Supplement from 4% to 6% for second home buyers and buy-to-let landl
Council has hatched plans to start charging Airbnb users for parking and is also considering a ban on full-time Airbnbs in new builds and designating
Paul Shamplina headlined NRLA On Tour London, delivering key insights on legal changes for landlords at a sold-out, sector-shaping event.
A high-profile tax expert has labelled HMRC’s Making Tax Digital (MTD) regime – set to hit landlords next year - as ‘pointless and costly’.
Peterborough Council boasts that its aggressive approach to selective licensing has driven significant improvements in the town’s private rental secto
The Mortgage Works has reduced its 'stress test' rate which is used to assess whether a landlord can afford loan payments.
London’s rental sector is full of opportunity for both landlords and tenants, says Foxtons, which reports an explosion in tenancy applications.
A former estate agent who posed as a landlord to con would-be tenants out of more than £200,000 has been jailed.
Hackney plans to launch selective licensing in 17 of its 21 wards as well as a borough-wide additional licensing scheme.
Landlords currently seeking a five-year fixed rate BTL mortgage on a property with an EPC rating below band C could be turned down before net
Leading figures on both sides of the private rented sector have agreed that the Renters Reform Bill, along with the Governments other changes including tax relief, are driving landlords into the short lets market. The comments were made during a debate chaired by former North
The Minsitry of Justice has blamed a 23% jump in the number of private landlord possession during the first three months of the year on the Welsh PRS reforms, although volumes are still below pre-Covid levels. Quarterly figures from the Ministry of Justice show that claims
Experts Sean Hooker and Kate Faulkner discuss the Renters (Reform) Bill and its impact on landlords and tenants in the private rented sector.
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. Part of the https://www.landlordzone.co.uk/news/renters-reform-bill-we-take-a-first-look-at-the-radical-new-legislation/" Renters
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
Bungling letting agents with a lack of legal understanding are putting landlords at risk of prosecution, it has been claimed. One landlord expert has advised caution when signing up with a firm in the current climate of increasing legislation and falling profits, particularly fo
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
The much-delayed Renters Reform Bill is rumoured to be getting its first reading tomorrow after Prime Ministers Questions, although the 'full meat' of the proposals will come later. Rumoured to be renamed the Rented Homes Bill or Renters (Reform) Bill, landlords are waitin
The Government is to finally introduce its long-delayed renting reforms into parliament later today following Prime Ministers Questions (PMQs) in the Commons. The Bill, which is to be called the Renters (Reform) Bill, will get its first reading just aft
A tenancy deposit affordacility crisis is looming as new data reveals that nearly a third of renters are borrowing money to pay for them, new research shows. The poll of 1,000 tenants reveals how they are using credit cards, personal loans, overdrafts and family loans to scrape
Proptech company Propflo is working with BTL mortgage lenders to help portfolio landlords make their properties more energy efficient. It has been given a grant by Innovate UK to encourage lenders to explore initiatives such as encouraging retrofitting in their products, creatin
