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Is development more attractive than landlording?

Is development more attractive than landlording?

News

Rental property yields are shrinking as the costs created by more regulations and legislation eat into landlord profits – so is it time more BTL landlords became SME developers?

Tenant group says 'landlords can't be trusted' to regulate themselves

Tenant group says 'landlords can't be trusted' to regulate themselves

News

Scotland’s tenants’ union has warned that removing rent rise reprotections will lead to an uptick in de facto evictions and homelessness.

Big Kent council latest to offer landlords 'guaranteed rent'

Big Kent council latest to offer landlords 'guaranteed rent'

News

Maidstone Borough Council has become the latest authority hoping to entice private landlords to hand over their properties in exchange for guaranteed rent.

Landlord to pay £37,000 after running overcrowded illegal HMO

Landlord to pay £37,000 after running overcrowded illegal HMO

News

A rogue landlord who squeezed six people into one room of his HMO has been told to pay £37,000 in fines and costs.

CLAIM: Labour's 'new towns' will be all about BTR not private landlords

CLAIM: Labour's 'new towns' will be all about BTR not private landlords

News

The UK’s new towns will favour build-to-rent developers rather than private landlords, according to a think tank which labels them “profit-seeking institutional investors”.

Big London council to bring back selective licensing

Big London council to bring back selective licensing

News

Croydon has announced plans to bring back its selective licensing scheme after a five-year break.

Lettings agency pays high price for ignoring HMO regulations

Lettings agency pays high price for ignoring HMO regulations

News

A student housing firm has been told to pay £13,160 for breaching safety regulations at a Salford HMO.

Landlords in-line for a £20bn energy efficiency bill

Landlords in-line for a £20bn energy efficiency bill

News

Landlords will collectively have to spend more than £20billion making improvements to their rental properties to meet proposed new energy efficiency standards

Developer in hot water after Rightmove offers Premier Inn rooms to rent

Developer in hot water after Rightmove offers Premier Inn rooms to rent

News

Gravesham Council is looking into a possible planning breach after studio flats were advertised for rent at a disused Premier Inn.

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Insurance costs set to drop for leasehold properties

Insurance costs set to drop for leasehold properties

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News
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A pledge by insurance brokers could mean owners of flats in buildings with identified fire safety issues see significantly lower insurance premiums.

Landlord handed £18,000 fine for banning order breach

Landlord handed £18,000 fine for banning order breach

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News
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A rogue landlord has avoided serving jail time, despite breaching a banning order and being found guilty of harassment.

New rules on Gas Safety Checks give more flexibility

New rules on Gas Safety Checks give more flexibility

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Gas Safety Checks: Similar the car MOT, where the test can be done ahead of time, while retaining the existing renewal date, landlord gas checks will now be allowed on the same basis, up to 2 months ahead of time

County courts inquiry to probe slowdown in cases

County courts inquiry to probe slowdown in cases

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News
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The Justice Committee has launched an inquiry into the work of county courts amid long-standing concerns over capacity and resources.

Letting agents 'falling foul of holding deposit rules'

Letting agents 'falling foul of holding deposit rules'

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Ignorance and bad practice around these legitimate deposits is creating one of the biggest areas of illegal activity in the PRS.

Family's tax ploy ends in £10,000 fine

Family's tax ploy ends in £10,000 fine

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News
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A father and daughter who lied about the tenancy of a dangerously overcrowded and unlicensed HMO have lost their appeal.

Ministers back council tax change for HMO landlords

Ministers back council tax change for HMO landlords

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The government is to end the practice of banding individual rooms in HMOs separately for council tax purposes.

Ignore the buy-to-let doom mongers says Paragon

Ignore the buy-to-let doom mongers says Paragon

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Paragon Mortgages the buy to let specialist admits that there is a challenge from rising rates, but it's not all bad news.

Landlords more resilient than they look says estate agency chief

Landlords more resilient than they look says estate agency chief

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Most landlords are committed to their property portfolios, according to new research from Leaders Romans Group (LRG), with 68% planning to maintain their existing holdings, and 6% set to expand their investments.

Is hybrid working the future and what are the implications for property?

Is hybrid working the future and what are the implications for property?

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News
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A wide range of research has been conducted recently about the shift to hybrid working. A https://yougov.co.uk/topics/economy/articles-reports/2020/09/22/most-workers-want-work-home-after-covid-19" target="_blank" YouGov survey and https://www.cipd.co.uk/knowledg

HMO capital values outstrip rest of housing market by 32%, research reveals

HMO capital values outstrip rest of housing market by 32%, research reveals

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The average HMO is now worth �364,508, 32% more than the typical house, according to new research which finds that trickier financing and licensing schemes have not deterred landlords from investing in the sector. On the contrary demand for HMOs among landlords, and the restric

CLADDING: Why are landlords being singled out?

CLADDING: Why are landlords being singled out?

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The cladding crisis has had a devastating impact on leaseholders across the country, with property values plummeting and bills for waking watches and other safety measures rocketing.   When, after years of debate, the Government announced leaseholders would not have to

Yet another property scam artist is exposed!

Yet another property scam artist is exposed!

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Sam Eustace, 36, from Sutton in south London has been disqualified as a director for 11 years for operating a Ponzi style property scheme. Kingsman Property Ltd offered property owners a guaranteed rent by taking over their properties and managing them in a https://www.

BREAKING: Landlord wins £100k after harassment by tenants union ACORN

BREAKING: Landlord wins £100k after harassment by tenants union ACORN

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A landlord has won �100,000 in damages from tenants union ACORN for organising a campaign of harassment against her. <figure id="" class="w-richtext-figure-type- " data-rt-type="" data-rt-align=""><div><img src="https://cdn.prod.website-files.com/63bef2f3c329eff8e3a4af45/64cb99116f692db

End of lease repairs - what do landlords need to know?

End of lease repairs - what do landlords need to know?

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News
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The end of a tenancy can be a stressful time for landlords, faced with a range of repairs before they can relet the property. "Dilapidations" is the term generally used to refer to the process a landlord needs to follow to recover any loss they may have suffered as a result of t

HMO landlords warned not to over-charge 'all inclusive' tenants as energy bills soar

HMO landlords warned not to over-charge 'all inclusive' tenants as energy bills soar

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News
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Following energy regulator Ofgems decision to https://www.ofgem.gov.uk/publications/price-cap-increase-ps693-april" raise the price cap by nearly £700 a year per household, HMO landlords have been warned to observe the maximum resale value

Awards scheme for HMO landlords launched to highlight best operators

Awards scheme for HMO landlords launched to highlight best operators

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News
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A new property awards has launched that aims to celebrate good landlords in the previously neglected HMO sector. The HMO Awards is dedicated to highlighting good practice and will hand out gongs to HMO agents, operators and investors at a ceremony with a difference that aims to

LATEST: Greenwich agrees £2.6m selective licensing scheme after Covid delay

LATEST: Greenwich agrees £2.6m selective licensing scheme after Covid delay

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The London borough of Greenwich has re-started its planned roll-out of selective licensing across three of its key areas Woolwich, Plumstead and Shooters Hill. Expected to go live at the beginning of July following its Cabinet committee decision, this means nearly a fifth of

Currys closing its London head offices for flexible working space

Currys closing its London head offices for flexible working space

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Currys plc, the leading electrical retailer, operating online and through 829 stores in 7 different countries, is vacating its London head offices for flexible rented space in serviced offices. A sign of the times? This could be the start of a trend that reflects a c

Company linked to high profile investor put into liquidation owing �1.5m

Company linked to high profile investor put into liquidation owing �1.5m

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A high-profile property investor hailed as a rent-to-rent success story has put his company StayBC Ltd into liquidation, owing creditors nearly �1.5 million.<br><br>Newport-based Ben Brand charted his rapid rise on social media, describing his introduction to the property sector after atte

How can landlords afford to upgrade their properties to EPC band C by 2025?

How can landlords afford to upgrade their properties to EPC band C by 2025?

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Like almost all industries the housing market is increasing its efforts to tackle climate change. Households account for 40% of the UKs carbon footprint and the government has forced landlords to move more quickly than others, and from 2025, all properties in the private rent

How can landlords make their properties more energy efficient?

How can landlords make their properties more energy efficient?

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Rising energy prices are at the forefront of a cost-of-living squeeze that will be felt by many in the UK. If youre a tenant, the rising price cap on energy is out of your control but saving money through energy efficiency is within it. For landlords, increased energy effici

Barrister warns landlords over pitfalls of offering Ukrainian refugees whole properties

Barrister warns landlords over pitfalls of offering Ukrainian refugees whole properties

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News
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Landlords have been warned about the legal pitfalls of offering a home to Ukrainians fleeing the war. The governments newly launched Homes for Ukraine scheme lets individuals and businesses �360 a month to provide a spare room or separate self-contained accommodation for ref

It's time to consider challenging your business rates calculation, says RVA Surveyors

It's time to consider challenging your business rates calculation, says RVA Surveyors

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Business rates or non-domestic rates are a variant of a 500-year-old tax, the current version of which was introduced in 1990 to fund local services based on property values, raising approximately �25 billion a year. RVA Surveyors are business rates reduction specialists who ha

LATEST: Arguments over social problems linked to HMOs hot up in Hartlepool

LATEST: Arguments over social problems linked to HMOs hot up in Hartlepool

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Labour councillors in Hartlepool campaigning to restrict HMOs in the town have been told to find evidence of problems caused by shared properties. <figure id="" class="w-richtext-figure-type- " data-rt-type="" data-rt-align=""><div><img src="https://cdn.prod.website-files.com/63bef2f3c329ef

High Street banks will be gone by 2025

High Street banks will be gone by 2025

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Thats the prediction made by the Economist Intelligence Unit (EIU) and banking software company, Temenos. Temenos AG is a company specialising in enterprise software for banks and financial services headquartered in Geneva, Switzerland. An overwhelming proportion of European

New TV series highlights property fraud

New TV series highlights property fraud

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A new four-part ITV drama series starting tonight is based around title fraud which can rob you of your property. Downton Abbey actress Tuppence Middleton and Line of Duty star actor Martin Compston portray a couple who become victims of the little-known crime of house hijacking

UNFAIR': Landlord faces �5,000 fine for deposit protected six months late by her lettings agency

UNFAIR': Landlord faces �5,000 fine for deposit protected six months late by her lettings agency

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A landlord with a property in West Essex has urged LandlordZONE readers to be more careful when trusting agents to protect their tenants deposits via one of the governments approved schemes after a vindictive renter took her to a property

LATEST: HMO landlords must not pocket tenant's �150 council tax rebate, warn MPs

LATEST: HMO landlords must not pocket tenant's �150 council tax rebate, warn MPs

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A cross-party group of MPs has urged the government to ensure HMO and other 'all inclusive' landlords dont pocket multiple council tax rebates under its new scheme https://www.gov.uk/government/news/households-urged-to-get-ready-for-150-council-tax-rebate" target="_blank"

Wales clamps down on holiday lets with draconian new council tax rules

Wales clamps down on holiday lets with draconian new council tax rules

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News
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The Welsh Government is to bring in its https://www.landlordzone.co.uk/news/welsh-government-to-wage-new-war-on-holiday-lets/" promised local tax rules for holiday lets to address the problem of unaffordable housing. Self-catering accomm

LATEST: Landlord wins review of selective licensing scheme for 'value for money'

LATEST: Landlord wins review of selective licensing scheme for 'value for money'

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External auditors are to investigate selective licensing in Nottingham following a complaint about whether it provides value for money. One of the citys landlords has made a formal objection about the scheme which charges them up to �890 every five years for each rental prop

Wave of 'unfair' HMO council tax revaluations revealed that can QUADRUPLE bills

Wave of 'unfair' HMO council tax revaluations revealed that can QUADRUPLE bills

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Councils are seeking to reclassify HMO properties as multiple single dwellings for council tax purposes to raise additional revenue, it has been reported. <figure id="" class="w-richtext-figure-type- " data-rt-type="" data-rt-align=""><div><img src="https://cdn.prod.website-files.com/63bef2

EXCLUSIVE: Lettings firm goes bust leaving trail of 200 unprotected deposits

EXCLUSIVE: Lettings firm goes bust leaving trail of 200 unprotected deposits

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A long-established letting agent has gone bust, leaving more than 200 deposits unprotected and many landlords without tenancy agreements and gas and EPC certificates. Pendley Estates in Kings Langley, Hertfordshire, was a formerly reputable firm that had been trading since the 1

Are hydrogen boilers the future of heating in the UK?

Are hydrogen boilers the future of heating in the UK?

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The UK government has committed to meeting internationally agreed carbon neutral targets and as natural gas (used in domestic boilers) is a major contributor to carbon emissions, a low carbon alternative such as hydrogen, used in existing equipment, is a likely replacement in the future.</p