John Lewiss build-to-rent strategy appears to be stalling amid local opposition to its plans for large developments in West Ealing and Bromley. The retailer has just announced pre-tax losses of �234 million as sales dipped 2% last year, making it even more vital to find new
Landlords, estate agents and surveyors have all given yesterdays Budget an unqualified thumbs down after the Chancellor chose to focus on economic growth but ignore several problem threatening to engulf the housing market. All have said the budget was disappointing and a m
Despite new research showing that one in four people plan to invest in property to generate retirement income, Chancellor Jeremy Hunt's scrapping of the 'lifetime pension fund limit' could dampen demand for BTL property, says Cornerstone Tax. The impact of inflation on savings a
Shelter has slammed the Chancellor for failing to raise Local Housing Allowance (LHA) rates in his spring Budget. The homeless charity says Jeremy Hunt could have put an end to spiralling homelessness, but instead, he has stuck his head in the sand. Yet again we
Sunday Times economics editor David Smith has expressed sympathy for private landlords who he believes feel bruised by increasing regulation in the sector. He says higher mortgage rates might be the straw that breaks the camels back for many, with some alrea
First time buyers remain better off owning than renting an equivalent home, Lloyds Bank says, but the gap is narrowing. Its latest Owning vs Renting Review reveals that owning a first home now costs �971 a month, four percent less than renting at �1,013.
The government failed to offer long-term support for energy efficiency improvements or increase the Local Housing Allowance in a Budget which instead focused on getting the country back to work. Chancellor Jeremy Hunt extended support for energy bills at current levels of �2,50
In this in-depth private rented sector legislation special, Eddie and Paul are joined by David Smith, head of property litigation at JMW Solicitors. The discussion kicks off with the recent landmark Rakusen v Jepsen rent repayment order case, where David represented the NRLA and which, he e
Youve made the decision to sell, and beat the market drop and increased costs. But where do you turn? Estate Agents can get you a high price, but theyll take far too long. Auctions can sell super-fast, but you might be compromising on price. <figure id="" class="w-richtext-figure-t
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
Great Yarmouth council has revealed more details of its proposed selective licensing scheme for landlords.
Landlord Action founder also says landlords have been unfairly cast as villains in recent years.
Landlords have until 1st June to comply with the new and relatively convoluted Rented Homes Wales legislation following its introduction last December. Under the new law, standard contracts have replaced assured shorthold tenancies a
Companies selling multi-occupancy insurance will have to act in leaseholders best interests under new proposals from the Financial Conduct Authority (FCA). It is demanding new rights and protections to improve the transparency of the multi-occupancy leasehold buildings insura
Jersey has launched a consultation into sweeping reforms including rent controls and open-ended tenancies, prompting fears that they could force more private landlords to quit the sector. The islands government aims to increase protections for both tenants and landlords
A new law to crack down on predatory landlords who exploit vulnerable people for sex in return for free or discounted rent is being considered, Home Secretary Suella Braverman (main picture) has announced. Her department is seeking the views of victims, the police and charities
There are heavy fines for those landlords who fail to have their rental properties tested by a qualified electrician before letting, and for existing tenancies, or if they fail to comply with any of the important recommendations made in a test report. The landlord will ordinarily have 28 da
Tribunal judge warns landlords to include licensing update clauses in agency contracts to avoid fines for non-compliance with licensing requirements.
The number of VAT and/or PAYE enterprises operating in the UKs residential and commercial rental sectors climbed 2% in the past year, despite the governments best efforts to deter investment. Analysis of government data by debt advisory firm https://siriusfinance.
Luton Council is making yet another attempt to bring in two new licensing schemes after a string of false starts amid landlord opposition. Its overview and scrutiny board has agreed to recommend a town-wide additional scheme as well as a selective scheme in South ward, which now
Durham citys parish council has taken the unusual step of asking student landlords to make a voluntary donation towards the cost of cleaning up street waste and discarded furniture. It will ask for a contribution of �52 towards its precept from student landlords to match the
Two-thirds of private landlords might sell up if they are forced to make EPC upgrades, new research finds. The Mortgage Advice Bureau says 59% would consider selling their property due to not being able to afford the changes needed to meet the minimum level. With an
NRLA boss Ben Beadle has urged the government to learn from the awful implementation� of Renting Homes Wales which he labelled a car crash of epic proportions�. Speaking on The Guild of Property Professionalshttps://podcasters.spotify.com/pod/show/guildprop
The Mayor of London has accused private landlords across the UK of taking rent worth �9 billion for homes that are non decent, �1.6 billion of which is paid for via housing benefit. The figure is highlighted as, this morning, Sadiq Khan reveals his PRS research generated
Legal expert warns that exempting asylum seeker HMOs from licensing could lower accommodation standards and encourage subpar housing provisions.
Housing Secretary Michael Gove meets with private rented sector leaders to discuss upcoming reforms, including the Renters Reform Bill.
Landlords and letting agents have told a new poll that the Government must reverse its Section 24 mortgage interest relief tax changes as a priority to get the private rental sector back on track. Rent tech platform Goodlord conducted the research among some 1,500 agents,
Talk of AI is all the rage right now, but have you thought about how you could use this revolutionary new development? ChatGPT is what is known as a natural language processing tool� driven by artificial intelligence (AI) technology that allows human-like conversations. Thi
Landlords criticise Minister Mims Davies for lacking data on LHA freeze impact; NRLA urges urgent action to address housing affordability gap.
Former housing minister Lord Greenhalgh has expressed doubts that leasehold reforms will be included in the Kings Speech this autumn. In an interview with Leasehold Knowledge, he said that despite being very complex legislation, the background work had been don
Edinburgh council boss Cammy Day (main pic, right) has admitted that introducing licensing and new planning application rules will result in fewer holiday properties. Speaking to Australian news channel SBS, Day explai
A landlord in Buckinghamshire is the latest to receive a large fine for operating an unlicenced HMO. Ahmad Kamal Younus, who owns a rental property on Ellsworth Road in High Wycombe, was recently found guilty of five offices Wycombe Magistrate Court by District Judge Sharma, inc
A good Samaritan landlord is bucking the national trend by not raising his rents for more than 25 years. Mick Musson, who owns eight flats at the former Blue Horse Pub (inset), in Great Ponton, Lincolnshire, hasnt increased the rent since he took over the property, and now co
A new 'mechanical ventilation with heat recovery' (MVHR) system aims to provide the solution to landlords damp and mould problems. Ebacs self-managing, hands-off eco-system is designed to be installed in a loft opening and works to continually extract polluted, humi
Government acknowledges private rental sector shortage, pledges action to boost housing supply amid growing demand and affordability concerns.
In the case of B&M Retail Ltd v HSBC Bank Pension Trust (UK) Ltd [2023], The Central London County Court was asked to rule on a claim for possession by the landlord under the rules of the Landlord and Tenant Act 1954. The landlord was seeking possession against the tenant
Thousands of landlords who entered the private rented sector following the introduction of dedicated buy-to-let mortgages in 1996 are now retiring in increasing numbers, it has been revealed. Research by estate agency Hamptons reveals that some 140,000 landlords retired in 2022,
