A management company has been ordered to pay out more than £49,000 for fire safety failures at an HMO. Monsoon Properties Ltd admitted breaches relating to a range of issues at the flat in Londons Tavistock Place, including inadequate fire detection system, obstructions to t
First-time renters accounted for just 4.6% of new tenancies during the first five months of the year, as more would-be tenants rely on the hotel of Mum and Dad. With average monthly rents topping �1,000, young adults can save �12,290 by living rent-free with their parents each
A large County Court in London has written to its legal clients to warn them that some of their scheduled evictions face being cancelled or rescheduled. The announcement has been made by the Civil and Family Court in Barnet (main picture), one of the major hubs handling eviction
A landlord in Dartford has batted off a huge rent repayment order (RRO) claim made by her tenants after a judge dismissed the case during a virtual Property Tribunal hearing. Manjit Sanghera, who co-manages the family detached property on the outskirts of the Kentish town with h
Campaigning group the London Renters Union is targeting landlords in London by urging councils to come down much harder on failing properties. It has launched an action plan in Brent, detailing how the local authority should hold landlords accountable for more than 10,000 privat
Buy-to-let landlords will influence https://www.landlordzone.co.uk/sponsored/what-do-the-falling-house-prices-mean-for-landlords/" house prices if a large number choose to sell up, according to rating agency Moodys. The firm is predicting that prices will f
The average annual https://www.landlordzone.co.uk/news/battle-over-holiday-lets-hots-up-as-campaigning-mp-holds-meeting/" holiday let income exceeded buy-to-let income for the first time in 2020-21, reaching �15,600 compared with �13,400, according to HMRC.
Short-term let landlords in https://www.landlordzone.co.uk/news/edinburgh-chief-admits-burdensome-licencing-plan-will-hugely-reduce-holiday-lets/" Edinburgh have won their legal case against the councils licensing scheme. In the biggest crowdfunded case in
Almost two-thirds of surveyors have witnessed rising numbers of buy-to-let landlords looking to sell their properties. The https://www.rics.org/" Royal Institute of Chartered Surveyors (RICS) reports that a similar number have seen a drop in the level of inter
A new Parliamentary petition has been set up urging the government to ditch plans to remove assured shorthold tenancies. The LandlordZONE reader, who has a portfolio of properties in Yorkshire and Lancashire, was prompted to take action as he fears it could be the final nail in
Confusion surrounds the governments plans to introduce https://www.landlordzone.co.uk/news/blog-will-the-looming-pets-in-lets-rules-prove-pervasive/" pets in lets measures, with conflicting messages coming from the DLUHC. It has confirmed that the new
With increasing costs, inflation hovering around the 10 per cent mark and mortgage rates approaching 6 per cent theres lots of talk about increasing rents. Many landlords are unable to absorb these extra costs without going into losses, so for them theres little choice, th
This year our economy, regulations and taxes were the final straw that led landlords rushing to sell off their portfolios to beat the market drops, mortgage versus rent gaps a
May has brought more bad news for some landlords with the Nationwide Building Society reporting a 3.4% drop in house prices in the year to May 23 and interest rates that are expected to rise to 5.5.% later this year.
Estate agents have called for landlords who advertise sex for rent to be banned from the PRS for life. In its response to the governments https://www.gov.uk/government/consultations/exchange-of-sexual-relations-for-accommodation-sex-for-rent#:~:text=The%20consultatio
Redbridge Council in North London has given the go-ahead for a new borough-wide additional HMO licensing scheme. The scheme extends licensing to all HMOs with three or more tenants forming two or more households after the authoritys consultation disco
The Halifax revealed today that house prices have fallen on an annual basis for the first time since December 2012, by 1%. This means the average house value has declined by �132 which may not sound a lot but represents a seismic change after years of ultra-low interest rates p
Property educators are being urged to collaborate, learn, and shape the future of property education at The Property Investors Bureau Property Educators Summit. The invitation-only industry event aims to improve standards, foster collaboration, and add value to their business by
Landlords and agents could face fines of up to £40,000 for breaching new rules set to be introduced as part of the Government’s Renters’ Rights Bill.
Nottingham Council has been told to hand back more than £2,800 to landlord Mick Roberts after a court ruled it had overcharged for lease extension surveys.
Shelter chief executive Polly Neate is to leave the homelessness charity next March after more than seven years.
A trade association’s new tech solution aims to help landlords identify and resolve the root causes of damp and mould in rented properties.
Will you be passing on your hard-earned wealth to the next generation before the budget, you don't have long
Reducing red tape for landlords would boost the supply of private rental properties, curb rent increases and create better quality housing for tenants, according to lenders’ trade body UK Finance.
Private landlords face a £21.4 billion bill to bring their properties up to the proposed EPC C rating by 2030.
Rogue landlords face being forced to pay back up to 24 months’ rent as part of a shake-up of Rent Repayment Orders under the new Renters’ Rights Bill.
Aspiring portfolio landlords are increasingly targeting higher yielding multi-unit blocks (MUB) and HMOs rather than traditional flats and semis.
Rental reforms are fuelling relocation-style, short-term renting, causing landlords sudden void periods and unexpected costs.
Property Redress is proud to sponsor Rumble with the Agents in Newcastle – a thrilling charity boxing night for the property industry!
Mick Roberts has accused Nottingham Council of double standards after it dropped a licensing condition.
A landlord continued to rent out her unlicensed and unsafe HMO where one tenant was electrocuted, a tribunal has heard.
The vast majority of property investors now buy properties at digital auctions not in-room events.
Sefton Council is on a mission to make it more difficult for landlords to convert houses into HMOs across the borough.
Rebel Labour MP Zarah Sultana has called for fellow parliamentarians to be banned from being landlords.
Landlord instructions saw the steepest fall since April 2020 last month, forcing tenants to chase fewer rentals with rising rents.
Recent tax hikes on landlords have been good for the housing market by persuading more BTL investors to sell up.
Grainger PLC is the UK’s biggest listed residential landlord - it has just converted into a Real Estate Investment Trust (REIT)
Landlords have been urged not to fall foul of looming rent rise legislation by updating their records and processes.
Scots Conservative Thomas Heald bangs the drum for the private rented sector and rejects rent controls as solution to high rents.
Landlords face rising taxes, regulations, and costs - prompting many to sell up. Is government policy pushing small landlords out of the
We explore what happens next to the Renters’ Rights’ Bill following Monday's debate in parliament.
A heavily contested selective licensing scheme is to go ahead in Scunthorpe after landlords lost their High Court battle to stop it.
Tariq Mahmood Khan faces the ultimate sanction after being convicted for failing to comply with a prohibition order - again.
More than one million extra renters might get a pet when the Renters’ Rights Bill takes effect, according to new research.
PRS REIT enters £631.6M sale, highlighting growing institutional interest and potential shifts in the UK rental market.
Renters' Rights Bill is to get Royal Assent very soon unmolested by any major amendments, last night's Parliamenatry debate revealed.
Thurrock landlords will be hit by a pricey new HMO licensing scheme as number of new schemes this year hits record
New housing secretary's critical views of landlords revealed by previous speeches and voting record in parliament.
Southampton's former Lord Mayor has made controversial comments about some of city's landlords.
With the impending implementation of the Renters’ Rights Act, Section 21 evictions are now on borrowed time
Landlords have a new housing secretary after Steve Reed was confirmed in the role following the resignation of Angela Rayner.
