The Bank of England's Monetary Policy Committee, with responsibility for making decisions about the bank rate, at its last meeting, raised interest rates by a further 0.5 per cent, to 2.25 per cent. Thats the highest level in 14 years. This is the seventh consecutive bank rat
<figure id="" class="w-richtext-figure-type- " data-rt-type="" data-rt-align=""><div><img src="https://cdn.prod.website-files.com/63bef2f3c329eff8e3a4af45/64cb99341e7240523becc466_hmo-areas-coventry.jpeg" alt="" id="" width="auto" height="auto" loading="auto"></div></figure>Coventry Council ha
The impact of council tax re-banding in HMOs has started to bite as tenants around the UK are being handed huge bills. Portsmouth seems to be a particular hot spot, where one Twitter user posted: Im literally in shock. My house is being re-banded that its six individual
NRLA Chief Executive Ben Beadle on why Government plans to force landlords to hand over cash are unnecessary and could create needless conflict between landlords and tenants. The cost-of-living crisis is being felt by all sectors of society,
Labours leader Keir Starmer has hinted that buy-to-let landlords and second home owners may be prevented from buying properties meant for first-time buyers. His comments came during todays address to the Labour conference in Blackpool, during which h
A report in The Guardian newspaper says that the Surge in no-fault evictions prompts calls to renew UK-wide ban,� on section 21 evictions that is, as was the case during the Covid pandemic. Tenants were protected from being removed during lockdown - how
Business rates revaluations are scheduled at certain times, but if these occur during period of high inflation the new fix could put businesses and commercial landlords at risk. Though business tenants are liable to pay business rates, landlords should be concerned because they
Labour's Lisa Nandy has criticised landlords and vowed to help the social rented sector overtake the private rented sector as the second largest housing tenure in the country. In a speech to the ongoing Labour party conference, shadow Levelling Up Secretary Lisa Nandy said it wo
A Uttoxeter-based landlord, Gunes Ata, aged 47, has been successfully prosecuted by Sheffield City Council for repeatedly failing to provide his leaseholder tenants with the detailed information they are entitled to when presented with their service charges. Mr Ata, who owns She
Landlords have been reminded to double check tenants’ documents after several London landlords were handed fake payslips.
Property portals and estate agents are failing buyers of leasehold properties by not flagging up legally required information.
Fees for joining the redress scheme and landlord database could be “significantly higher” following amendments to the Renters’ Rights Bill.
A Portsmouth rent-to-rent agency which let out overcrowded and unlicensed HMOs has been handed a hefty fine.
April’s stamp duty hike looms, so if you’re considering selling, sooner is smarter.
TSB has launched a new concessionary mortgage for landlords looking to sell their properties to tenants with no deposit required.
New year, new you. Sound familiar? Many of us start the new year with the very best of intentions, only for them to fall by the wayside.
Private equity firms and pension funds have been upping the ante with their investments in the UK rental market
Landlords should check whether they’re in one of 37 licensing schemes under consultation or about to be implemented – or risk a huge fine.
However, Carol Lewis writing for the Sunday Times newspaper thinks that holiday let owners should be paying council tax. Given that levelling up is the government's buzzword du jour, it is time to level the playing field and bring holiday-home owners in line wi
Landlords and letting agents hit by the collapse of Ash Residential Property Management Limited (ARPM) have been left struggling to claw back deposits and fees after it ceased trading last month with debts of almost �1.5m. At least 8,000 properties and their landlords are affec
HMRC warns that owners must accurately declare these earnings on their self assessment tax returns or face criminal charges if in default. A boom in bookings The Covid pandemic has stored up excess demand for stay at home Britains under the foreign holiday restrictio
Scottish landlords have until 2028 to meet energy efficiency standards but can access interest-free loans of up to �15,000 to help them spread the cost. The Scottish government has published its Heat In Building Strategy setting out that, by 2030, greenhouse gas emissions from
The so called Pandora Papers is a financial services leak of nearly 12 million documents that reveal an international treasure trove of hidden wealth, tax avoidance and money laundering, by some of the world's richest individuals. The secret files were unearthed by a Washington
High Street lender the Nationwide has launched a platform that will be first of its kind created for landlords by a major financial institution. Called The Landlord Works, it has been developed by a team headed up by Paul Wooton (main picture) who, after leaving its mortgage bro
Lambeth Council has launched a new additional licensing scheme that will see the boroughs private landlords paying the highest per bedroom HMO fees in the country. Under the current licensing scheme, landlords pay an application fee of �289 per bedroom for a five-year licenc
The Section 21 possession procedure (currently under threat of being removed) is a no fault eviction process where the landlord can serve notice on a tenant to regain possession once the initial minimum 6 months or contracted fixed term has ended. A section 21 notice is for 2
A dog-owning tenant has launched a legal challenge against her freeholder which could result in parting with her pets or the leasehold. The womans partner moved into her property five years ago with three small dogs and admitted this to the freeholder. It then sent her a
A tech professional who is also a landlord has launched what she believes to be the ideal solution to the impasse between landlords who won’t take tenants with pets, and the estimated 7.6 million tenants in the UK who want to live with their cats or dogs.
Landlords and agents must make sure they dont come a cropper deciding what constitutes a single household when vetting HMO tenants in an age of polyamorous relationships, warns a top property lawyer. While the legal definition of a household can be explained quickly, re
Just over a quarter of a billion pounds has been clawed back from landlords since HMRC's Let Property campaign began eight years ago, it has been revealed. The latest figure for the campaign were revealed by Financial Secretary to the Treasury Jesse Norman in response to a writt
With private rentals and holiday homes in high demand, many due to Covid and holiday staycations, some councils are offering landlords some very attractive incentives, dubbed golden hellos� of up to �3,500. Some councils have been offering private landlords and second home
A landlord who was hauled up on minor maintenance issues has been refused an HMO licence by Glasgow City Council. Khurshid Begum told its licensing and regulatory committee that he had sorted all the problems at his property in Grant Street, Hillhead, but councillors would still
The UK Government has identified that homes across the UK contribute about 1/5 of all carbon emissions from the country. In order for the UK to reach its ambitious carbon neut
As a landlord, your life is far from idle as you work hard to find new tenants, manage your current ones, do the admin, find reliable tradespeople and much more.<br>Faced with
House building giant Barratt has revealed what it claims to be the future of UK housing a 37 sq metre one-bedroom apartment for sale at �285,000. The 160 initial Smrt homes are within the companys huge Eastman Village development in Harrow, North London where event
A national rogue tenant register to combat the issue of renters trashing properties and leaving landlords out of pocket could be open to abuse, a leading expert has warned. Sean Hooker, head of redress at the https://www.theprs.co.uk/" target="_blank" <strong id="
August got off to an unsettled and changeable start this year, with heavy rain and flooding in many parts of the UK. But the long-range weather forecast is now predicting warmer than usual conditions in late August, and potentially even a heat wave, with temperatures set to soar across some
Rent Smart Wales is challenging letting agents and landlords over the widespread practice of charging student tenants summer retainer fees which it claims are unlawful under Welsh legislation. It says a retainer is an additional fee which is unlawful under the Renting Home
Owners (landlords) of commercial (business) premises and sometimes residential premises want to let to a tenant on a short term basis, but are fearful of creating a long-term arrangement such that the tenant cannot be removed if the landlord wants it.Basically, there are three ways to do that whi
When it comes to owning a buy-to� let property, the decision as to whether to use an agent or not is a big one. It is estimated that more than half of landlords self-manage their rental properties, believing it to be the best way to maintain control over who lives there and how
Commercial investments produce an average yield of 10.7% while residential properties offer just 3.7%, new research has claimed. Scotland is home to the highest commercial yield at 20.4%, along with the South West (13.7%), while Scotland is also where investors can find the high
While the cost of renting continues to increase across the UK, the Government continues to grapple with the issue of making renting more accessible and secure, especially for
