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Landlords rushing to sell as mortgage costs soar above tenants' rent

Landlords rushing to sell as mortgage costs soar above tenants' rent

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Private landlords across the UK have found themselves in hot water, and its no surprise that many are rushing to sell their property portfolios. A recent article by the BBC reported that private landlords had expressed critical concerns that their rents wont cover the cost

Reform Bill: 'Justice at stake if eviction changes not backed by extra funding'

Reform Bill: 'Justice at stake if eviction changes not backed by extra funding'

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Court reforms and extra funding are needed if the governments overhaul of the evictions process is to succeed, warn landlord groups and eviction specialists. It has promised to abolish section 21 no fault evictions as part of the https://www.landlordzone.c

Reform Bill: Landlord database to be enforced with court orders

Reform Bill: Landlord database to be enforced with court orders

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A new ombudsman known as the landlord redress scheme - and property portal would be compulsory for all private sector landlords. Part of the https://www.landlordzone.co.uk/news/renters-reform-bill-we-take-a-first-look-at-the-radical-new-legislation/" Renters

Renters (Reform) Bill - we take a first look at the radical new legislation

Renters (Reform) Bill - we take a first look at the radical new legislation

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The Renters (Reform) Bill has finally had its first reading in Parliament, promising a fair deal to renters, faster redress for landlords and giving more details on how 'pets with lets' will work. Heralded as a once-in-a-generation overhaul of housing laws�, the government

Purplebricks sold to rival for �1 after senior team throw in the towel

Purplebricks sold to rival for �1 after senior team throw in the towel

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Purplebricks, which at one stage was used by thousands of landlords to manage their properties, has announced that its assets and business are to be sold to rival Strike for �1, pending approval by its shareholders. Any funds remaining in the firm some �5.5 million are

Gove to approve looser rules for HMO landlords housing asylum seekers

Gove to approve looser rules for HMO landlords housing asylum seekers

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Housing Secretary Michael Gove is set to push through new rules on HMO safety for housing asylum seekers with little fanfare on the same day that the Renters Reform Bill is published. The changes outlined in the proposed https://www.legislation.gov.uk/ukdsi/2023/9780

BLOG: 'Reform bill will solve the problem of pet damage for landlords'

BLOG: 'Reform bill will solve the problem of pet damage for landlords'

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The long-awaited Renters (Reform) Bill will finally be introduced in parliament after Prime Minister's Questions today. Setting out plans for 12 key reforms to the private rental sector, the 11th pledge - to give tenants the right in law to request a pet, which should not be unr

Agents who lack licencing law know-how 'putting landlords at risk'

Agents who lack licencing law know-how 'putting landlords at risk'

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Bungling letting agents with a lack of legal understanding are putting landlords at risk of prosecution, it has been claimed. One landlord expert has advised caution when signing up with a firm in the current climate of increasing legislation and falling profits, particularly fo

Opinion: does Michael Gove know something we don't?

Opinion: does Michael Gove know something we don't?

Opinion

It would seem that successive Tory governments have waged an ongoing and progressively more vicious war on buy-to-let landlords, but this latest layer of legislation goes much further. Yes, this latest iteration, and one thats https://bills.parliament.uk/bills/1768/s

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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.

OPINION: Has the Prime Minister's landlord bashing gone too far this time?

OPINION: Has the Prime Minister's landlord bashing gone too far this time?

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It may have gone unnoticed by many landlords that Boris Johnson made one of the most extraordinary attacks on the sector in living memory last week. And it is fair to say, one of the most unfair. Most landlords have become accustomed to the government's frosty rhetoric over the

EXCLUSIVE: New guidance to make EPCs more accurate after 10-year wait

EXCLUSIVE: New guidance to make EPCs more accurate after 10-year wait

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The government has finally updated the guidance it provides to property assessors on how to calculate EPCs for new homes and, in six months time, for existing homes too. This is the first time the methodologies of calculation have been updated for almost ten years for t

Landlord wins legal battle over �3,300 gas safety paperwork fine

Landlord wins legal battle over �3,300 gas safety paperwork fine

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A professional landlord has scored a partial win against his council fines for charges relating to gas safety inspections. Mahendra Maharaj , who owns 78 properties in Liverpool, had been fined �9,000 by the city council a decision confirmed by a First

Re-launched Right to Buy to take 'money from pockets of buy-to-let landlords'

Re-launched Right to Buy to take 'money from pockets of buy-to-let landlords'

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Boris Johnsons pledge to reform the housing market will see the government launching a dusted-off version of David Camerons right to buy scheme for social housing in order to turn the tables on private landlords, his housing secretary Michael Gove has suggested. During a s

HMRC is clawing back overpaid and fraudulent Covid support payments

HMRC is clawing back overpaid and fraudulent Covid support payments

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The self-employed who took advantage of the multi-billion pound self-employed income support scheme (SEIS), claiming grants they were not entitled to, when they were either not trading at all, or their profits did not fall within the specified limits, are now being asked to pay the money ba

EXCLUSIVE: What will happen after Section 21 evictions go? We ask the experts

EXCLUSIVE: What will happen after Section 21 evictions go? We ask the experts

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For several years now the government has promised to reform how landlords evict tenants including the abolition of possessions enabled under Section 21 of the 1988 Housing Act. This kind of eviction was a key plank of Margaret Thatchers attempts to persuade more landlords int

Comment: fears over the future of private rental market in the regions mount

Comment: fears over the future of private rental market in the regions mount

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While in England the housing minister Eddie Hughes has just https://www.landlordzone.co.uk/news/breaking-minister-confirms-government-will-not-consider-rent-controls-in-england/" target="_blank" ruled out rent controls , in Scotland, Wales, Northern Ireland and the Irish R

Legal case '� can there be a reasonable excuse for not licensing an HMO?

Legal case '� can there be a reasonable excuse for not licensing an HMO?

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Weve all heard the expression, ignorance of the law is no excuse� and this applies without question in all areas of the law. But in some rare instances it seems the courts and tribunals are open to accepting a defence of what is termed reasonable excuse even when the regulatio

Landlord says protecting tenants during portfolio sale will cost him �500,000

Landlord says protecting tenants during portfolio sale will cost him �500,000

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Nottingham benefits landlord Mick Roberts (main picture) has made another bid to sell 40 of his properties by offering to cut the sale price by a tenth if a landlord buyer keeps his existing tenants on. The regular LandlordZONE contributor has previously suggested https

LATEST: Guidance issued for landlords with tenants hoping to take in Ukrainian refugees

LATEST: Guidance issued for landlords with tenants hoping to take in Ukrainian refugees

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Landlords have been warned to check a propertys potential status if their tenant wants to offer Ukrainian refugees a spare room. Updated guidance on the rules around the Homes for Ukraine scheme outlines that where a private tenant is paying rent for their accommodation, the

BREAKING: Wales delays introduction of controversial Renting Homes Act

BREAKING: Wales delays introduction of controversial Renting Homes Act

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The Welsh government has announced a five-and-a-half-month delay to the introduction of its controversial Renting Homes Act which had been due to go live on 15th July this year. Now postponed until 1st December, housing minister Julie James says

Latest changes to Part L of the Building Regulations

Latest changes to Part L of the Building Regulations

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Landlords are required to conform to the safety and environmental rules set-out in these regulations so its important you understand the law regarding the building regulations. The rules are in place to ensure that buildings meet a certain standard of safety to protect residents and memb

Welsh government clamps down on holiday let landlords with tougher council tax rules

Welsh government clamps down on holiday let landlords with tougher council tax rules

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Landlords in Wales who rent out self-catering accommodation will no longer be able to dodge council tax under new and tighter rules announced by the Welsh government. In its bid to crack down on the impact many holiday lets and second homes are having on communities and the Wels

REVEALED: Shocking but true data behind landlord rent arrears and evictions

REVEALED: Shocking but true data behind landlord rent arrears and evictions

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A staggering 71% of all landlords reported having at least one tenant in arrears due to the pandemic, according to the latest English Private Landlord Survey . Nearly a third (29%) were lucky not to have any, but landlords with one property most commonly ha

Amended rules for landlords on fitting carbon monoxide alarms

Amended rules for landlords on fitting carbon monoxide alarms

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Landlords in England have since October 2015 been required to install carbon monoxide alarms in their residential rented accommodation where a solid fuel solid fuel heating appliance was fitted. This would include all open fireplaces that were available to be used, that is where

Office market weathering the storm better than expected

Office market weathering the storm better than expected

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With rental growth in prime London offices set to outpace the rest of the country, the doom mongers predicting permanent working from home (WFH) and office flight have so far, it seems, been on the wrong tack. Quarter 1, 2022 has seen rent returns rise as UK commercial property

BREAKING: Grant scheme for air and ground source heat pumps opens for landlords

BREAKING: Grant scheme for air and ground source heat pumps opens for landlords

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The government has today officially opened its Boiler Upgrade Scheme for applications including those from private landlords. Operated by the Department for Business, Energy and Industrial Strategy , it offers applicants it offers gra

LATEST: Notorious property investment fraudster FINALLY jailed over �600,000 scam

LATEST: Notorious property investment fraudster FINALLY jailed over �600,000 scam

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One of the UKs most notorious property investment fraudsters has been jailed for six years after a court heard how he swindled investors out of �592,000. 42-year-old father of three John Keats-Ormandy persuaded eight people to invest in his scheme by claiming he had a portfo

Brighton takes a big step towards rent controls with Secretary of State request

Brighton takes a big step towards rent controls with Secretary of State request

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Brighton and Hoves Green Party is pushing for rent controls in the city where its now the most expensive place to rent outside the capital. The https://www.brightonhovegreens.org/" target="_blank" Green-controlled council, with Lab

LATEST: Report slams Irish rent controls for 'backfiring' on Government

LATEST: Report slams Irish rent controls for 'backfiring' on Government

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A report on Irelands 50+ rent control pressure zones has revealed that the policy has led to higher rents and landlords quitting the market. Commissioned by the https://www.ipav.ie/" Institute of Professional Auctioneers and Valuers

EXCLUSIVE: Expert questions official claims that eviction courts backlog 'improving'

EXCLUSIVE: Expert questions official claims that eviction courts backlog 'improving'

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Claims by a Ministry of Justice (MoJ) minister that possession case delays are being addressed have been questioned by leading evictions specialist Landlord Action. In response to a question from Conservative MP Theresa Villiers, MoJ Parliamentary Under Secretary of State James

EXCLUSIVE: How agents and landlords are 'taking risks' when sharing referencing info

EXCLUSIVE: How agents and landlords are 'taking risks' when sharing referencing info

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An investigation by LandlordZONE into data privacy within the private rental sector has revealed how many letting agents and landlords are sharing information about tenants' referencing information in contravention of GDPR regulations. In particular, many

'Selling properties with tenants in situ is best way to reduce Section 21 evictions'

'Selling properties with tenants in situ is best way to reduce Section 21 evictions'

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Instead of abolishing Section 21 the government should encourage landlords to keep their tenants when they sell rather than via 'vacant possession', a leading landlording expert has claimed during a podcast with TV star Phil Spencer. Property Tribes Vanessa Warwick (main pic)

Is commercial property a good hedge against inflation?

Is commercial property a good hedge against inflation?

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Commercial real estate has the advantage of providing landlords with a high income return, generally a higher yield than residential property, thats providing your tenants remain, rents can be increased regularly to keep pace with inflation, and where finances are involved, interest rate

What is the future of commercial real estate law?

What is the future of commercial real estate law?

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SearchFlow one of the biggest conveyancing search providers in England and Wales has over 2,500 legal clients and conducts more than 1 million searches every year. On the 17th of May SearchFlows web seminar will brings together leading lawyers and practitione