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Ban for letting agent who claimed £100K in Bounce Back loans

Ban for letting agent who claimed £100K in Bounce Back loans

News

A letting agency boss has been hit with an 11-year ban after repeatedly abusing the https://www.landlordzone.co.uk/news/landlords-who-took-out-bounce-back-loans-given-six-month-breathing-space/" Bounce Back Loan scheme. Laszlo Szabo, the sole director of Letti

Majority of landlords will have to raise rents next year 'by at least 10%'

Majority of landlords will have to raise rents next year 'by at least 10%'

News

Almost two-thirds of landlords (62%) will be forced to raise rents by at least 10% in the next 12 months if market conditions dont improve. Research by Aldermore Bank found that despite this, landlords feel conflicted about passing on costs in an alread

Legal & General reveals �5 billion investment in housing last year, including BTR.

Legal & General reveals �5 billion investment in housing last year, including BTR.

News

Legal & General Capital helped fund more than 17,000 new homes across affordable housing, suburban build-to-rent (BTR), modular housing, traditional build-to-sell, and key worker homes last year. The insurance group invested �5 billion towards levelling up the UKs towns

TENANT BLOG: What I think of the Government's looming renting reforms

TENANT BLOG: What I think of the Government's looming renting reforms

News

If you havent heard of it before, the Renters' Reform Bill is set to be voted on before May 2023, bringing with it a plethora of proposed changes for landlords and tenants alike. Shelter , who along with other organisations are cam

BREAKING: Landlords cry foul over council's HMO planning rules change of mind

BREAKING: Landlords cry foul over council's HMO planning rules change of mind

News

Long-term HMO landlords in Portsmouth risk losing their C3/C4 status with no chance of getting it back due to confusion over planning rules, it is claimed. Many took advantage of the option to switch between family use (C3) and HMO (C4) without needing planning permission in 201

COMMENT: My top 10 priorities for landlords in 2023

COMMENT: My top 10 priorities for landlords in 2023

News

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

HONOURS: Leading property sector figure Kate Faulkner awarded OBE

HONOURS: Leading property sector figure Kate Faulkner awarded OBE

News

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

Commercial landlords are 'left in the lurch'� as more business tenants go bust

Commercial landlords are 'left in the lurch'� as more business tenants go bust

News

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

RISING panic reported among student landlords over plans for open-ended tenancies

RISING panic reported among student landlords over plans for open-ended tenancies

News

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

Landlord launches petition to bring back mortgage interest tax relief for BTL

Landlord launches petition to bring back mortgage interest tax relief for BTL

News

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

Is yours one of them? 64% of PRS properties 'will not reach minimum EPC in time'

Is yours one of them? 64% of PRS properties 'will not reach minimum EPC in time'

News

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

BREAKING: HMRC completely rejigs and delays MTD scheme for landlords

BREAKING: HMRC completely rejigs and delays MTD scheme for landlords

News

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

Abolishing Section 21 is 'sledge hammer to crack a nut' says property chief

Abolishing Section 21 is 'sledge hammer to crack a nut' says property chief

News

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

Scots Minister shows 'blatant disregard' for landlords with higher BTL stamp duty

Scots Minister shows 'blatant disregard' for landlords with higher BTL stamp duty

News

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

BREAKING: 'Rent Smart Wales' style scheme revealed for Welsh holiday lets

BREAKING: 'Rent Smart Wales' style scheme revealed for Welsh holiday lets

News

The Welsh Government wants to know what landlords who operate holiday accommodation in the country think of its proposed regulation of the sector. Following a https://www.landlordzone.co.uk/news/breaking-labour-and-plaid-cymru-to-jointly-force-through-rent-controls-in-w

WARNING: Spray foam can lead to refused mortgage applications

WARNING: Spray foam can lead to refused mortgage applications

News

In September the Government announced a �2bn plan to offer home insulation grants of up to �5,000 per household in England. This is to be known as the https://www.gov.uk/guidance/apply-for-the-green-homes-grant-scheme" target="_blank" Green Homes Grant and has replaced

Desperate landlord writes to Gove as bankruptcy looms over cladding rules

Desperate landlord writes to Gove as bankruptcy looms over cladding rules

News

A landlord whos facing bankruptcy has written to Housing Secretary Michael Gove voicing his frustration that he is not eligible for any cladding funding despite only earning �63 a week from his properties. The landlord, who has BTL interest-only mortgages, has two freehold s

Scots rent and evictions freeze prompts 'staggering' landlord exit response

Scots rent and evictions freeze prompts 'staggering' landlord exit response

News

A staggering 85% of letting agents in Scotland report that landlords want to sell up following the governments move to ban evictions and rent increases until next April. Propertymark members in Scotland say that even more worryingly, 68% of agents had already seen an increase

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Generation Rent calls for big landlord regulation push in Wales

Generation Rent calls for big landlord regulation push in Wales

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Generation Rent has urged the Welsh government to introduce an ombudsman for the PRS along with more grounds for rent repayment orders (RROs) in order to improve tenants’ lives.

80% of landlords say banning Section 21 evictions 'a mistake'

80% of landlords say banning Section 21 evictions 'a mistake'

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News
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The vast majority of landlords and letting agents view the Government’s plans to abolish Section 21 evictions as a mistake, a new report has revealed.

Hunt's Spring Budget hid 'stealth' tax grab on landlords via CGT rules

Hunt's Spring Budget hid 'stealth' tax grab on landlords via CGT rules

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News
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Jeremy Hunt’s recent Spring Budget hid a ‘steal tax’ on landlords seeking to sell properties after April 1st, it has been claimed.

Time ticking away for Bill prompts fresh concerns

Time ticking away for Bill prompts fresh concerns

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News
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Fears are growing that the government is going soft on its commitment to the Renters Reform Bill.

Surge in fines for Right to Rent non-compliance

Surge in fines for Right to Rent non-compliance

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News
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An increasing number of landlords and letting agents are falling foul of Right to Rent rules, with a big rise in fines handed out last year.

Landlord turns up heat on TV show with winning pitch

Landlord turns up heat on TV show with winning pitch

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News
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An HMO landlord and entrepreneur has secured £80,000 worth of funding on Dragons' Den for his thermostat business.

Landlords fail to avoid London borough's HMO clampdown

Landlords fail to avoid London borough's HMO clampdown

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News
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Haringey Council is launching a new additional HMO licensing scheme despite limited backing from landlords and tenants.

Renters face growing struggle to pay rising rents

Renters face growing struggle to pay rising rents

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News
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Rent-to-income ratios in the UK have reached unsustainable new highs, forcing renters to spend a third of their wages on rent.

One council goes against the grain with short-term lets

One council goes against the grain with short-term lets

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Northumberland council has refused owners consent to convert their short-term holiday let cottages into permanent private residences.

More older tenants choose a return on deposit cash

More older tenants choose a return on deposit cash

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News
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Older tenants are increasingly choosing alternative deposit products, in line with growth in 55+ households in the PRS.

Landlords paying more after admitting tax slip-ups

Landlords paying more after admitting tax slip-ups

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News
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Voluntary tax disclosures from landlords who have underpaid netted HMRC an extra £107 million last year.

Council plans to hit landlords with TWO new licensing schemes

Council plans to hit landlords with TWO new licensing schemes

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Croydon landlords face having to join a selective licensing scheme in the borough after a five-year break.

Mail received for previous tenants

Mail received for previous tenants

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What should landlords and tenants do when mail arrives addressed to previous tenants?

Education needed as deposit protection at five-year low

Education needed as deposit protection at five-year low

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News
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A new poll has revealed a decline in deposit protection compliance and significant inconsistencies in landlord behaviour.

Student housing in Scotland to dodge rent controls

Student housing in Scotland to dodge rent controls

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News
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Student housing won’t be covered by rent controls in the Housing (Scotland) Bill after a parliamentary vote.

Big rise in landlord buy-to-let borrowing for improvements

Big rise in landlord buy-to-let borrowing for improvements

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News
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Private landlords have borrowed millions more to improve their properties this year, according to new data.

Green light for yet another North West licensing scheme

Green light for yet another North West licensing scheme

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News
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Salford has approved a selective licensing scheme for parts of Broughton, Kersal, and Broughton Park.

Confident landlords gamble on rates taking a dip

Confident landlords gamble on rates taking a dip

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News
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A growing number of landlords are showing more interest in two-year fixes and tracker options when remortgaging.

AI tool helps landlords make sound and speedy investments

AI tool helps landlords make sound and speedy investments

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News
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A new AI tool combines financial modelling and local market intelligence to give BTL landlords a smarter way to invest.

Commercial landlords funded to help revive town centres

Commercial landlords funded to help revive town centres

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Broxtowe Council has become the first local authority in England to formally serve a High Street Rental Auction notice.

Landlords urged to avoid evictions by using free advice service

Landlords urged to avoid evictions by using free advice service

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News
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Landlords in Croydon have been encouraged to use an early-intervention service before asking tenants to move out.

Essex council to hit landlords with selective licensing in new year

Essex council to hit landlords with selective licensing in new year

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News
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Thurrock landlords have failed to persuade the council that a scheme is unnecessary and too expensive.

Drop in house price and rent growth could affect landlord profits as experts warn: it’s time to sell

Drop in house price and rent growth could affect landlord profits as experts warn: it’s time to sell

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Falling house prices, slower rent growth, and rising costs are driving landlords to sell. Now could be the best time to exit before the market weakens

Condensation and mould: why landlords can’t afford to ignore Awaab’s Law

Condensation and mould: why landlords can’t afford to ignore Awaab’s Law

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News
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Awaab’s law is coming - the full force of the law regarding condensation and mould will affect private landlords

Landlords warned to resist pressure from 'wily' tenants in arrears

Landlords warned to resist pressure from 'wily' tenants in arrears

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A benefits expert has urged landlords not to succumb to tenants’ demands to pay them off after building up rent arrears.

Welsh councils get the go-ahead for new tourism charge

Welsh councils get the go-ahead for new tourism charge

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News
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Holiday-let landlords will have to register their properties and collect a £1.30 per-person, per-night fee from guests.

Collaboration lets landlords access online repair platform

Collaboration lets landlords access online repair platform

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News
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mydeposits and Fiixit have teamed up to help landlords streamline property repairs and build better relationships with tenants.

LATEST: Bank of England holds base interest rate at 4%

LATEST: Bank of England holds base interest rate at 4%

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News
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The Bank of England has voted to hold the base rate at 4% as inflationary pressures persist.

Scotland urged to mirror England's new renter protections

Scotland urged to mirror England's new renter protections

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News
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The Scottish Greens have called on the country's government to match protections coming into place in England.

HMO 'stigma' blamed for drastic fall in shared houses

HMO 'stigma' blamed for drastic fall in shared houses

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News
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House share availability has dropped by almost -60% in some parts of England, sparking fears of an HMO landlord exodus.

Date announced for next stage of Renters' Rights Bill

Date announced for next stage of Renters' Rights Bill

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The Renters’ Rights Bill will be back in the House of Lords on 14th October for its final stages before becoming law.

Rogue landlord faces ban for renting out grotty home

Rogue landlord faces ban for renting out grotty home

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Landlord Janice Pope was ordered to pay nearly £3,500 after ignoring the threat of legal action.

Rogue agents pay heavy price for flouting payment rules

Rogue agents pay heavy price for flouting payment rules

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Two letting agents have been expelled from The Property Ombudsman after failing to transfer rental payments received from tenants.

Polystyrene Ceiling Tiles

Polystyrene Ceiling Tiles

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Polystyrene Ceiling Tiles - is it legal to have these tiles in the kitchen of a rental property?