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Quitting landlords could fuel further drop in house prices

Quitting landlords could fuel further drop in house prices

News

Buy-to-let landlords will influence https://www.landlordzone.co.uk/sponsored/what-do-the-falling-house-prices-mean-for-landlords/" house prices if a large number choose to sell up, according to rating agency Moodys. The firm is predicting that prices will f

Holiday home owners top the rental income chart

Holiday home owners top the rental income chart

News

The average annual https://www.landlordzone.co.uk/news/battle-over-holiday-lets-hots-up-as-campaigning-mp-holds-meeting/" holiday let income exceeded buy-to-let income for the first time in 2020-21, reaching �15,600 compared with �13,400, according to HMRC.

Edinburgh Council forced to go back to drawing board over licensing

Edinburgh Council forced to go back to drawing board over licensing

News

Short-term let landlords in https://www.landlordzone.co.uk/news/edinburgh-chief-admits-burdensome-licencing-plan-will-hugely-reduce-holiday-lets/" Edinburgh have won their legal case against the councils licensing scheme. In the biggest crowdfunded case in

Surveyors report surge in landlords selling up across UK

Surveyors report surge in landlords selling up across UK

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Almost two-thirds of surveyors have witnessed rising numbers of buy-to-let landlords looking to sell their properties. The https://www.rics.org/" Royal Institute of Chartered Surveyors (RICS) reports that a similar number have seen a drop in the level of inter

Parliamentary petition launches to save Assured Shorthold Tenancies

Parliamentary petition launches to save Assured Shorthold Tenancies

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A new Parliamentary petition has been set up urging the government to ditch plans to remove assured shorthold tenancies. The LandlordZONE reader, who has a portfolio of properties in Yorkshire and Lancashire, was prompted to take action as he fears it could be the final nail in

PROBE: Will new pets rules in reform bill apply to existing or only new tenancies?

PROBE: Will new pets rules in reform bill apply to existing or only new tenancies?

News

Confusion surrounds the governments plans to introduce https://www.landlordzone.co.uk/news/blog-will-the-looming-pets-in-lets-rules-prove-pervasive/" pets in lets measures, with conflicting messages coming from the DLUHC. It has confirmed that the new

TOM'S GUIDES: Increasing the rent ' how do I go about it?

TOM'S GUIDES: Increasing the rent ' how do I go about it?

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With increasing costs, inflation hovering around the 10 per cent mark and mortgage rates approaching 6 per cent theres lots of talk about increasing rents. Many landlords are unable to absorb these extra costs without going into losses, so for them theres little choice, th

Landlords with 20 properties or more are choosing to sell with these portfolio exit specialists

Landlords with 20 properties or more are choosing to sell with these portfolio exit specialists

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This year our economy, regulations and taxes were the final straw that led landlords rushing to sell off their portfolios to beat the market drops, mortgage versus rent gaps a

What do the falling house prices mean for landlords?

What do the falling house prices mean for landlords?

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May has brought more bad news for some landlords with the Nationwide Building Society reporting a 3.4% drop in house prices in the year to May 23 and interest rates that are expected to rise to 5.5.% later this year.

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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.

People over 55 years old are 'fastest-growing tenant group'

People over 55 years old are 'fastest-growing tenant group'

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Tenants heading for retirement age are the fastest growing group privately renting in England, according to new figures.

Campaigners target landlord's workplace over leaky flat

Campaigners target landlord's workplace over leaky flat

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Tenant group Acorn has protested outside a landlord’s shop after he refused to return a former tenant’s deposit in a dispute over a leak.

City council slammed for 'double standards' over HMO licensing

City council slammed for 'double standards' over HMO licensing

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Edinburgh Council has responded to accusations of double standards when housing homeless people in 30 unlicensed HMOs by moving tenants out of the properties.

Northern town popular with investors to clamp down on HMOs

Northern town popular with investors to clamp down on HMOs

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Hyndburn Council wants to deter landlords from making the most of its cheap properties and ‘multiple deprivation’ by clamping down on HMO conversions.

A landlord Christmas carol - reflecting on the past, present, and future of the private rental sector

A landlord Christmas carol - reflecting on the past, present, and future of the private rental sector

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As we approach the festive season of 2024, like many of us, I find myself drawn to Charles Dickens's timeless tale, A Christmas Carol.

NEW: Landlords 'most worried' by tax rises and renting reforms

NEW: Landlords 'most worried' by tax rises and renting reforms

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Landlords blame upcoming legislation and tax changes for causing 73% of them to feel less confident than they did last year.

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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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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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

BBC joins in the 'endless grind' of media landlord bashing

BBC joins in the 'endless grind' of media landlord bashing

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The BBC has joined the ranks of landlord-bashing media by publishing a story that gives a distinctly one-sided view of an eviction, helping bolster Shelter and other organisations' campaigns to ban Section 21 notices. It quotes a tenant as saying she was in panic mode� when

Thousands of landlords affected by sale of struggling digital lettings agency

Thousands of landlords affected by sale of struggling digital lettings agency

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Thousands of landlords whose properties are managed by a leading online letting platform are to see their property management firm change hands after Howsy revealed it is to be acquired by a major high street lettings agency. Launched in 2016 originally as No Agent

Commercial property energy upgrades could cost over �30bn

Commercial property energy upgrades could cost over �30bn

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The road to net zero is paved with additional costs for Britain, not least the amount of money it will take to upgrade commercial property, in the industrial alone. Achieving grade B� ratings under the 2030 Minimum Energy Efficiency Standards (MEES) requirements for the UK

LATEST: Infamous rogue landlord and three associates are banned for five years

LATEST: Infamous rogue landlord and three associates are banned for five years

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Camden Council has handed out banning orders to four rogue landlords for letting an unlicensed and unsafe home in Kilburn. All part of the same interconnected group of London-based family and business associates - Mohammed Ali Abbas Rasool, 30, of Manor House Drive, Daya Ahmed D

LATEST: Coventry to clamp down on HMOs with new planning powers

LATEST: Coventry to clamp down on HMOs with new planning powers

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Coventry aims to come down hard on HMO expansion within the city by introducing an Article 4 Direction. Councillors have approved the plans which will now form part of a public consultation this summer. They hope to change the rules which currently allow landlords to

BREAKING: Landlords now covered by cladding fund - but NOT portfolio operators

BREAKING: Landlords now covered by cladding fund - but NOT portfolio operators

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Landlords who own flats hit by the cladding scandal will be covered by the remediation fund, the government has announced. However, portfolio landlords have been left out, with property experts suggesting that this omission will mean work will be held up and their flats could be

OPINION: The consequences of abolishing Section 21

OPINION: The consequences of abolishing Section 21

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Drummed up by popular media horror stories, egged on by the homelessness charities, the ban Section 21� band waggon kept on rolling until eventually the politicians saw it would be politically advantageous to jump aboard. What is Section 21 <p id="

OPINION: Why the EPC rating system needs fixing

OPINION: Why the EPC rating system needs fixing

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The governments controversial policy of phasing out natural gas boilers in favour of heat pumps, in its drive to meet internationally agreed energy efficiency targets, could be stymied because of an out of date EPC algorithm. Regardless of the fact that many older poorly insu

AIRBNB: Westminster to step-up war against 'nuisance' short-term lets landlords

AIRBNB: Westminster to step-up war against 'nuisance' short-term lets landlords

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Westminster Council has launched a spirited campaign to stop central London being overrun by nuisance short-term lets booked chiefly through Airbnb. It is lobbying the government to follow Paris and Amsterdams lead whose authorities have clamped down on problem properties. </

Landlord insurance premiums driven up by inflation

Landlord insurance premiums driven up by inflation

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After two decades of low property insurance premium rates, prices are being driven up by inflation. Steve Barnes, Associate Director at https://hamiltonfraser.co.uk/landlord-insurance/?utm_source=landlordzone&utm_medium=article&utm_id=lz+feb22+insurance+rising" target="_blank" id="

Japanese knotweed, danger is downgraded...

Japanese knotweed, danger is downgraded...

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The large herbaceous perennial with its bamboo-like appearance became infamous in Britain for its threat to buildings. Its rapid growth, its size and most importantly the damage it can do, made it the villain of the horticultural world, and it became feared by property owners and mortgag

National rogue landlord database hits 'new high' of just 61 names

National rogue landlord database hits 'new high' of just 61 names

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Four years after it was launched, the number on the Rogue Landlord database has only crept up to 61 out of the thousands claimed to be operating within the private rental sector, the latest government figures show. Asked by opposition MP Gill Furniss to provide an update, Housin