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Phil Spencer warns landlords over tenant 'bidding wars'

Phil Spencer warns landlords over tenant 'bidding wars'

News

Property expert Phil Spencer has urged landlords to be reasonable when signing up tenants who get into a bidding war – but recognises that competition is down to market forces.

Reform bill 'won't help landlords facing rent debt' admits minister

Reform bill 'won't help landlords facing rent debt' admits minister

News

Housing Secretary Michael Gove has admitted that the Renters Reform Bill won’t help landlords claw back money from absconding tenants.

Renting reforms are a 'half baked cake' says sector leader

Renting reforms are a 'half baked cake' says sector leader

Opinion

The government has created a “half-baked cake” in the Renters Reform Bill, leaving the PRS desperate for clarity, says one industry boss.

Tax moves afoot to help give landlords financial relief says Gove

Tax moves afoot to help give landlords financial relief says Gove

News

The Government is looking at how to give landlords more tax breaks in order to reassure those who are looking nervously at the looming radical renting reforms for the sector, changes which are due to sweep in next year.

Great news for landlords as private buying firms rush to snap up buy-to-let portfolios in bulk

Great news for landlords as private buying firms rush to snap up buy-to-let portfolios in bulk

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After a tough week, starting with reports from the Telegraph urging banks to “stop treating landlords like cash cows” we finally have some good news.

Landlord jailed for eight weeks following 'deplorable' behaviour

Landlord jailed for eight weeks following 'deplorable' behaviour

News

A rogue landlord who tried to evict his tenant using “deplorable behaviour” has been jailed for eight weeks.

Give more legal aid to tenants facing eviction, say lawyers

Give more legal aid to tenants facing eviction, say lawyers

News

The government is being urged to consider hard-up renters who won’t be able to take on their landlords despite any court system upgrade ahead of the Renters Reform Bill.

'Many non-compliant landlords are offshore' claims Gove

'Many non-compliant landlords are offshore' claims Gove

News

Housing secretary Michael Gove has pinned the blame for non-compliance within the private sector on foreign offshore landlords during a Q&A session at yesterday’s NRLA Conference in Birmingham.

HMOs offer TWICE the returns of traditional rental properties, it is claimed

HMOs offer TWICE the returns of traditional rental properties, it is claimed

News

A costly HMO conversion could prove a worthwhile long-term investment, with the average 8.1% HMO yield far higher than the 4.4% generated by a regular rental property, according to research by Octane Capital.

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General Election 2024; Setting the standard

General Election 2024; Setting the standard

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All the major political parties have now released their manifestos ahead of the July general election. Here James Kent, the NRLA’s Chief Innovation Officer, and founder of digital compliance platform Safe2, looks at what they are promising when it comes to PRS property standards and compliance.

Landlord loses appeal against £35,000 licencing fine

Landlord loses appeal against £35,000 licencing fine

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News
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A rogue landlord who was fined £34,640 for having eight unlicensed HMOs has failed in an attempt to have his conviction overturned.

Labour's bidding wars proposal 'impossible' to enforce says legal senior

Labour's bidding wars proposal 'impossible' to enforce says legal senior

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News
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Labour party figures’ desire to end tenant bidding wars is unworkable in practice, while unenforced legislation would not lead to any real improvement, according to a top property lawyer.

WARNING: 'Unintended consequences of leasehold reforms'

WARNING: 'Unintended consequences of leasehold reforms'

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News
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A legal expert has warned that an amendment to the recently-passed Leasehold and Freehold Reform Act that raises the 25% non-residential limit in collective enfranchisement claims to 50% will have serious consequences for mixed-use developments.

NRLA to drop 'landlord' in bid to change public perceptions of sector

NRLA to drop 'landlord' in bid to change public perceptions of sector

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News
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The NRLA is to drop the word ‘landlord’ from its strapline in a bid to change public attitudes of those who rent out and manage properties.

GUIDE: Guarantors in rental agreements - what are they and what to look out for?

GUIDE: Guarantors in rental agreements - what are they and what to look out for?

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Now more than ever, it makes sense to take extra precautions when letting a property. Taking a guarantor or rent guarantee insurance are great ways to protect yourself against rent arrears and other issues in a tenancy

Labour will allow 'bidding wars' but only if tenants start them

Labour will allow 'bidding wars' but only if tenants start them

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News
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The Labour party has clarified that although it will seek to stop agents and landlords encouraging bidding wars, tenants will be allowed to make ‘voluntary’ higher offers above the original rental asking price.

NRLA backs Labour's plan to stop bidding wars for rental homes

NRLA backs Labour's plan to stop bidding wars for rental homes

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News
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The NRLA has backed Labour’s proposal to stop landlords and letting agents enabling ‘bidding wars’ by requiring them to advertise a proposed rent based on market rates, with bids above that figure prohibited.

Landlord to repay tenants £21,500 after Tribunal probe

Landlord to repay tenants £21,500 after Tribunal probe

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News
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Four tenants will share a £21,515 rent repayment order after they took their landlord to court for repeatedly failing to licence his HMO.

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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News
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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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News
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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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News
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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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News
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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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News
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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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News
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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

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="