A void energy solution and switching service for 'end of tenancy' promises to trim pounds from landlords bills. Empty rental properties incur a range of standing charges that average between 10p and 80p per day for electricity and from 5p to 60p per day for gas, averaging out
Landlords should do their homework before voting in the local elections next week and take the chance to quiz candidates on issues affecting the PRS, advises Leaders Romans Group (LRG). It points to a number of pressing local issues which can be determined
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
A Tribunal judge has warned landlords that unless they have a specific contractual arrangement with their letting agency to keep them abreast of licencing requirements it will - in most circumstances - be the landlord who pays the fine for non-compliance. Judge Phillip Barber ha
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.
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.
Landlords would be banned from demanding several months’ rent in advance under new amendments to the Renters’ Rights Bill.
Landlords in Northern Ireland must soon guarantee that electrical safety checks have been carried out at private tenancies.
An estate agency has claimed that the governments war on landlords will cost the private rented market some 46,000 this year, or some 3,800 every month. Hamptons , which has branches all over the UK, says its research confirms that, as LandlordZONE
With the cost of living crisis being the political issue of the day, and a political leadership contest underway, theres something of a hiatus in the way its being dealt with. But the situation is now quite urgent. Financial distress is now higher than during the pandemic.
Fed-up landlord Sue is quitting the sector and taking a hit on her pension plan after being ground down by anti-landlord rhetoric and red tape. <figure id="" class="w-richtext-figure-type- " data-rt-type="" data-rt-align=""><div><img src="https://cdn.prod.website-files.com/63bef2f3c
Housing minister Eddie Hughes has attempted to justify why institutional landlords who run Purpose Built Student Accommodation (PBSA) are to be exempted from the Governments proposal to move all tenancies in the PRS to periodic ones. <figure id="" class="w-richtext-figure-type- " data
Landlords with empty properties are being urged to take advantage of council cash to help fight the housing shortage. About 300 councils currently offer a scheme mainly loans to carry out repairs - although some provide grants, usually ranging from �5,000 to more than �25,
Letting out property abroad can be a great way of generating extra income. The property might have been bought primarily as an investment but for others or it could be second or holiday home let out when not in use. There are plenty of things to think about, though.
Leicester is going ahead with its selective licensing extension in three areas of the city, charging landlords �1,090 per property - the highest fee in the Midlands. The council is introducing the scheme in parts of Westcotes, Fosse, Braunstone Park and Rowley Fields wards, whi
Durham Council has warned landlords covered by its new selective licensing scheme to brace themselves for inspections next month. At least 29,000 properties, 42% of the countys PRS, are covered by the scheme which launched in April after winning government approval. <p id
Nearly one-fifth of private rented homes would need work costing more than �10,000 to bring them up to an EPC Band C, according to the latest PRS figures. The English Housing Survey Private Rented Sector report for 2020-21 found that these were more likely to need larger sums o
The latest figures available from Rightmove show that London rents jumped by around 14 per cent in the last year, with some property experts calling it the most competitive market on record Matt Hutchinson, a director at SpareRoom, the flat sharing website, has said: <p
The pandemic has had a devastating impact on commercial property, with lockdowns, social distancing, working from home (WFH), all accelerating the move to online and home deliveries. The likes of Tesco, Ocado and the other big supermarket deliveries were the saviour of the public during the
Welsh politicians have reaffirmed their desire to consider rent controls in the PRS while announcing plans to crack down on the holiday let sector. Plaid Cymru leader Adam Price (main pic, right) suggested rent controls could be on the table when the long-awaited but now <a href
Michael Gove, arguable the best housing secretary for some years, has been sacked from his job after joining a chorus of Tory cabinet ministers calling on the PM to resign. During a fast-moving day in politics which has seen over 40 MPs quit the government or withdraw their supp
Welsh government leaders have revealed radical plans to licence holiday lets in a bid to get tough on the causes of long-term rental shortages. The region is to introduce a cap on the number of second and holiday homes while bringing in measures to put more homes into common own
HMO landlords face paying thousands of pounds for https://www.landlordzone.co.uk/news/safety-peer-asks-why-private-landlords-must-do-electrical-checks-when-social-ones-are-exempt/" electrical equipment when new regulations kick in later this year. An amendment
Manchester aims to double the size of its selective licensing scheme by adding another 1,884 properties in eight areas. The council has given it the go-ahead to the https://www.landlordzone.co.uk/news/manchester-mayor-vows-to-launch-1-5m-landlord-licensing-across-city/"
Owners of second homes in many coastal and holiday locations could face a ban on renting using lettings websites like Airbnb. Tourist hotspots such as coastal towns in Cornwall and Devon are particularly affected. Communities being eroded In many of these towns, loca
Brighton and Hove has its sights set on being the first city to slap a ban on second homes and holiday lets. The Green-controlled council is looking to clamp down on landlords profiting from the staycation boom amid fears that the rapid growth has impacted on the availability of
In its latest plans, the Government is hoping to make the leasehold system fairer for leaseholders through a brand new Reform Act. There are several things for landlords to consider when the Leasehold Reform (Ground Rent) Act 2022 comes into force including where it
The long-awaited Government White Paper, https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/1083378/A_fairer_private_rented_sector_web_accessible.pdf" target="_blank" A Fairer Private Rented Sector ,
According to recent research buy property agents Hamptons International, for the last 11 months its been cheaper to buy a home with a 10% deposit than rent. This is because to rental growth was tearing away before and mortgage rates were near their record lows. In May this ye
Abolishing fixed-term tenancies will devastate the student market and lead to a major contraction of student homes to rent, warns a leading accommodation provider. The governments https://www.gov.uk/government/publications/a-fairer-private-rented-sector" <stron
Thousands of landlords have vowed to switch to short-term lets when Section 21 notices are abolished, a new survey has found. Assist Inventories study of 10,000 landlords and letting agents revealed that 45% plan to move away from long-term tenancies while 41% said they might
The new Building Regulations and accompanying technical upgrade to the SAP assessment methodology ask for a completely different way of measuring the energy performance of many buildings, giving a market boost to those properties with higher EPC ratings. Effective from last week
A landlord too terrified to reveal her name has warned others to conduct more regular property checks after she unwittingly rented her house to a drug-dealing gang for years. The North London-based landlord has had the same tenants since 2005 but only discovered their illegal ac
