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New fire regulations 'hot'� off the press, and the importance of inspections

New fire regulations 'hot'� off the press, and the importance of inspections

News

It used to be the case that you could let your residential rental property and forget it, leaving your tenants to enjoy the accommodation in peace, without any disturbances. However, these days, with regular changes in the law, risks of none compliance and your insurance require

Mortgage expert highlights 'significant' problems for landlords as rates rise

Mortgage expert highlights 'significant' problems for landlords as rates rise

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Rising interest rates are piling the pressure on landlords and leaving some as mortgage prisoners, according to one mortgage expert.  With most fixed rates now well over 6%, the interest costs can have tripled since some landlords last mortgage was taken, causing a perfe

Would you sell a BTL property to its tenants at a discount to avoid agency fees?

Would you sell a BTL property to its tenants at a discount to avoid agency fees?

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More landlords looking for a quick and painless exit from the PRS are considering concessionary mortgages, it has been claimed. These little-known mortgage deals allow a sitting tenant to buy the property at a discounted price, based on a valuation. The seller must b

Rental market reaching crisis point as 'perfect storm' hits landlords and tenants

Rental market reaching crisis point as 'perfect storm' hits landlords and tenants

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Landlord Actions Paul Shamplina (main picture) has explained to Radio 4 listeners how an almost broken court system and higher interest rates are driving a rush in Section 21 evictions before rent reform laws kick in. Speaking on the https://www.bbc.co

Tenants pocket �16,000 after landlord and agent's regulatory mistakes

Tenants pocket �16,000 after landlord and agent's regulatory mistakes

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A landlord has failed to convince a court that stress and financial difficulties excused her from paying a rent repayment order. Instead, Jaya Sanahs four tenants will share �16,191 after ahttps://www.landlordzone.co.uk/tag/first-tier-property-tribunal-2...

Details on higher EPC ratings for PRS a long way off, admits energy minister

Details on higher EPC ratings for PRS a long way off, admits energy minister

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Landlords are to wait many more months to find out the details of Government proposals to raise the minimum Energy Performance Certificate for rented properties. Energy minister Andrew Bowie (main picture) has admitted during a Lords debate that progress h

Lloyds Bank's plans to build 'thousands' of rental homes prove over optimistic

Lloyds Bank's plans to build 'thousands' of rental homes prove over optimistic

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Lloyds has grown its rental portfolio to 1,000 properties and has another 700 in the pipeline as it bids to become one of the UKs biggest landlords, albeit far off its original objectives. The bank has some way to go if the publicly-owned institution is to meet its target of

Landlord secures huge victory in �18,000 Rent Repayment Order case

Landlord secures huge victory in �18,000 Rent Repayment Order case

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An Upper Tribunal has slashed a landlords Rent Repayment Order by �16,000 after taking pity during an appeal hearing on her precarious financial position�. A First Tier Property Tribunal https://assets.publishing.service.gov.uk/media/6239f607e90e07799cd3de67/LO

Landlord pays �40,000 fine after large HMO 'put tenants at risk'

Landlord pays �40,000 fine after large HMO 'put tenants at risk'

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A landlord in Norfolk has payed fines totalling �40,000 after he was found to have housed tenants in a way that put tenants at risk. Issues were reported at the Watton property (pictured) to Breckland Council last year, which prompted an inspection by officers who found a block

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RICS reports first dip in tenant demand since 2020

RICS reports first dip in tenant demand since 2020

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Surveyors are the latest group to report a cooling rental market in the UK, with a slowing in demand among tenants for the first time since 2020.

Big town in south reveals plans for more HMO licencing

Big town in south reveals plans for more HMO licencing

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Reading Council has given the go-ahead for an additional licensing scheme in the town – and defended the rising costs set to hit landlords.

Campaigners urge MPs to back more severe renting reforms

Campaigners urge MPs to back more severe renting reforms

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Generation Rent has urged renters to get more MPs backing amendments to the Renters’ Rights Bill.

LATEST: Rental market cooling as landlord 'sell off' eases

LATEST: Rental market cooling as landlord 'sell off' eases

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Rental growth in the UK has dropped to 3.9%, its lowest level in more than three years and down from 9.1% a year ago.

Demand for accessible homes grows as renting population ages

Demand for accessible homes grows as renting population ages

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Demand for accessible homes is growing as the tenant population ages, a leading estate agency has reported, calling on Labour to help landlords finance upgrades.

COMMENT: Tax trap has landlords in a quandary

COMMENT: Tax trap has landlords in a quandary

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With substantial capital gains gathered within your properties, selling the whole portfolio will probably leave you exposed to a substantial capital gains tax bill

Welsh Government reveals 'baffling' stamp duty rise for landlords

Welsh Government reveals 'baffling' stamp duty rise for landlords

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The Welsh Government has followed its counterparts in England and Scotland and raised the stamp duty that landlords buying rental properties must pay, effective from tomorrow.

Renting reforms will be 'costly ride' for landlords warns expert

Renting reforms will be 'costly ride' for landlords warns expert

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Landlords may need to prepare for a turbulent and potentially very costly ride once the Renters’ Rights Bill becomes law, a financial expert has warned.

Judge orders landlord to pay back tenants £44,000

Judge orders landlord to pay back tenants £44,000

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A landlord has been ordered to pay six tenants a whopping £44,358 after failing to provide an excuse for operating an unlicensed HMO.

Big Midlands council green lights more HMO licencing

Big Midlands council green lights more HMO licencing

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West Northamptonshire Council has given the go-ahead for an extended additional licensing scheme in Northampton.

Big London council moves to stamp out bidding wars

Big London council moves to stamp out bidding wars

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A big council in London has called on letting agents to stop pitting tenants against one other in “exploitative” bidding wars within the borough.

Landlords ARE 'working people' says housing minister

Landlords ARE 'working people' says housing minister

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Keir Starmer got into hot water recently after saying landlords did not ‘work’ for their income, but Scotland’s housing minister has taken a very different approach.

Airbnb encourages tenants to sublet their homes

Airbnb encourages tenants to sublet their homes

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Airbnb has teamed up with global landlord Greystar to allow tenants in three London apartment blocks to rent out their homes.

Full details of landlord fines and prosecutions (or lack of them) revealed

Full details of landlord fines and prosecutions (or lack of them) revealed

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More than 100 local councils in England and Wales have not prosecuted any rogue landlords in the last five years despite getting thousands of complaints.

Farmers and farm tenants “up in arms” over budget measures

Farmers and farm tenants “up in arms” over budget measures

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Ever since the government announced its new inheritance tax rules, there has been intense debate about how many people will be affected

NRLA and minister lock horns over ongoing eviction court delays

NRLA and minister lock horns over ongoing eviction court delays

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The NRLA has insisted that its evidence around the Renters’ Rights Bill was not “alarmist” nor due to “fundamental opposition” to proposed changes as claimed by housing minister Matthew Pennycook.

REVEALED: Main reasons given by landlords for raising rents

REVEALED: Main reasons given by landlords for raising rents

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Higher market rents is the most common reason given by landlords for a rent hike, affecting 20% of private renters, according to new research by Generation Rent.

Irish landlords to face rent controls promises Sinn Féin

Irish landlords to face rent controls promises Sinn Féin

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Irish landlords are facing rent controls after one of the three main parties running for election next Friday (29th November) promised to ‘cut rents’ as the cost of living continues to be an issue.

Stopping landlords raising rents in between tenancies 'will not survive contact with reality'

Stopping landlords raising rents in between tenancies 'will not survive contact with reality'

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Preventing landlords from raising rents in between tenancies is an idea - like rent controls - that simply “could not survive contact with reality”, says Scotland’s landlord body.

Minister commits to ending leasehold and making commonhold 'default tenure'

Minister commits to ending leasehold and making commonhold 'default tenure'

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Landlords who have properties within ‘problem’ leasehold blocks have been given some good news following housing minister Matthew Pennycook confirmation that Labour will ‘end leasehold’ and make commonhold the ‘default’ tenure before the end of this parliament.

'We're being squeezed out in favour of corporates' says small portfolio landlord

'We're being squeezed out in favour of corporates' says small portfolio landlord

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Smaller landlords are being forced out of the private rental sector in favour of corporate limited companies – and tenants will be the losers, according to one landlord who’s quitting.

Councils fine Midlands landlords £850,000 in ONE month

Councils fine Midlands landlords £850,000 in ONE month

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Three rogue landlords have been fined a total of £403,079 for operating a network of unlicensed and unsafe HMOs, labelled “an orchestrated system of neglect for financial gain”.

WATCH: We interview landlord blogger Suzanne Smith for our NEW podcast

WATCH: We interview landlord blogger Suzanne Smith for our NEW podcast

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LandlordZONE is launching a new podcast to enable our readers to gain entertaining insights into the world of landlording from some of the sector’s leading lights.

HMOs generating highest yields for landlords at 8.34%

HMOs generating highest yields for landlords at 8.34%

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BTL landlords enjoyed average yields of 6.72% in September, up from 6.69% at the end of the second quarter and 6.48% in the previous year.

REVEALED: Key reasons why landlord/tenant relationships sour

REVEALED: Key reasons why landlord/tenant relationships sour

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New report reveals that it doesn't take much to tip a landlord relationship into something that a tenant sees as negative, particularly when landlords are largely portrayed negatively in mainstream media.

Landlords warned after 10% of homes found without carbon monoxide alarms

Landlords warned after 10% of homes found without carbon monoxide alarms

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New research among tenants has found that nearly 10% of rented homes with gas appliances don’t have a carbon monoxide alarm fitted, leaving the landlords of these properties open to fines of up to £5,000.

HMO landlord loses fine appeal after blaming agent for rules breach

HMO landlord loses fine appeal after blaming agent for rules breach

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An HMO landlord who blamed a guaranteed rent firm for breaching his licence has failed in his bid to overturn a £7,500 fine.

RICS member agents predict growing rental shortages

RICS member agents predict growing rental shortages

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RICS survey predicts growing shortage of rental properties. Demand is predicted to grow while supply declines.

HMO planning register rejected in East of England

HMO planning register rejected in East of England

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Councillors in Ipswich have rejected plans for a register of all HMO licensing applications in the town.

Renting reforms will pose 'serious risk' to self-managing landlords

Renting reforms will pose 'serious risk' to self-managing landlords

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Landlords face considerable risks from self-managing their properties when the Renters’ Rights Bill goes live, according to a letting agent expert.

Rent controls will backfire, landlords warn Scots ministers

Rent controls will backfire, landlords warn Scots ministers

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Scotland’s landlords and letting agents have warned that the country’s imminent rent controls will backfire.

Rent rewards app urges tenants to pay by card not BACS

Rent rewards app urges tenants to pay by card not BACS

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Landlords could soon be paid their rent via credit cards rather than bank transfer after a Spanish company said it plans to launch in the UK.

Renters' Rights Bill - a month on, what's happened?

Renters' Rights Bill - a month on, what's happened?

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It's been just over a month since I last penned my thoughts for LandlordZONE, and in that brief period, the private rental sector has continued to evolve at rapid pace.

Landlord to pay £64,000 fine over 'hidden' HMO

Landlord to pay £64,000 fine over 'hidden' HMO

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A rogue landlord has been handed a whopping £64,000 fine after he was found renting a five-bedroom house to 13 people.