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BLOG: Will the last landlord to leave Scotland please turn out the lights

BLOG: Will the last landlord to leave Scotland please turn out the lights

News

With the consistent implementation of draconian legislation over the last year from the Scottish Government, its no surprise that more landlords are leaving the private rented sector than ever before. Although some may cheer at the news, what they fail to realise is that the

Experts join forces to share knowledge and raise redress standards

Experts join forces to share knowledge and raise redress standards

News

The Property Redress Scheme's (PRS) advisory panel has chosen experts from across the sector to join its new member panel. The UKs largest lettings redress scheme, covering more than 13,250 letting agency branches, launched the panels as new, open, and transparent forums to b

Bid to ditch stamp duty benefit for BTL investors thrown out by MPs

Bid to ditch stamp duty benefit for BTL investors thrown out by MPs

News

MPs have voted against an amendment to prevent a tax cut from applying to buyers of second and additional homes. During a debate on the Stamp Duty Land Tax (Reduction) Bill, Opposition Treasury Secretary Abena Oppong-Asare said that a clause which increases the threshold for peo

The average UK household will lose over �2,000 in income this year

The average UK household will lose over �2,000 in income this year

News

According to a new report just out by the Resolution Foundation (RF), UK households face a torrid time in the coming months in what is going to be the worst cost-of-living crisis in living memory. Its the aftermath of a Covid pandemic that involved massive Government borrowin

Large fall in rent repayment cases as councils also scupper tenants' chances

Large fall in rent repayment cases as councils also scupper tenants' chances

News

https://www.landlordzone.co.uk/news/judge-slams-arrogant-landlord-after-illegal-eviction-of-tenant-during-covid/" Rent Repayment Order (RRO) applications dropped significantly last year as tenants were put off by more restrictive Upper Tribunal and Court of Appeal decisio

Greater Manchester plea to sort out broken housing system

Greater Manchester plea to sort out broken housing system

News

Housing groups across Greater https://www.landlordzone.co.uk/news/latest-manchester-landlords-given-last-chance-to-comment-on-licensing-expansion/" Manchester have urged MPs and local policymakers to step in and protect tenants from eviction, warning that the system is no

Commercial landlords struggle to see return on their investment

Commercial landlords struggle to see return on their investment

News

Commercial capital property values fell 13% last year as rising interest rates impacted the sector, with industrial units taking the biggest hit. https://www.cbre.co.uk/" CBRE s monthly figures show values down 3% in December and annual total returns down by

Tenants forking out more for homes as rental price rises bite

Tenants forking out more for homes as rental price rises bite

News

Private renters are facing an increase in housing costs, with rental price growth at its highest rate in the UK since records began in 2016. About a quarter (26%) of all renters (both private and social) surveyed between 7th and 18th December reported that their rent payments ha

BLOG: Ignoring deposit protection law can ruin some landlords - so seek advice

BLOG: Ignoring deposit protection law can ruin some landlords - so seek advice

News

As landlords, we all know there is a wealth of legislation that we need to wrap our heads around to maintain compliance throughout the lifespan of a tenancy. Gas safety, energy efficiency, electrical safety, legionella risk assessments, insurances, prohibited payments, How to Rent, Right to

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Labour's EPC upgrade plans will cost landlords £21.4 billion

Labour's EPC upgrade plans will cost landlords £21.4 billion

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News
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Private landlords face a £21.4 billion bill to bring their properties up to the proposed EPC C rating by 2030.

Rent repayment order fines to double under Labour

Rent repayment order fines to double under Labour

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News
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Rogue landlords face being forced to pay back up to 24 months’ rent as part of a shake-up of Rent Repayment Orders under the new Renters’ Rights Bill.

CLAIM: 'Future of portfolio landlording is HMOs and multi-unit blocks'

CLAIM: 'Future of portfolio landlording is HMOs and multi-unit blocks'

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News
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Aspiring portfolio landlords are increasingly targeting higher yielding multi-unit blocks (MUB) and HMOs rather than traditional flats and semis.

Welsh clampdown on holiday lets and second homes 'not working'

Welsh clampdown on holiday lets and second homes 'not working'

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News
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The Welsh government's attempts to persaude second home owners to sell up isn't working and instead is damaging local tourism economies, a leading tourism figure has claimed.

"I'm selling one of my main rental properties - here's why"

"I'm selling one of my main rental properties - here's why"

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News
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An experienced landlord who has rented a house in London for many years says she is selling the property after the recent and looming changes to the sector have made it ‘too risky’.

National Residential Landlords Association reveals new look and objectives

National Residential Landlords Association reveals new look and objectives

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News
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The UK’s largest landlord association has rebranded and relaunched its website following a wide-ranging member consultation.

Argentinian landlords flock back to the market after rent controls removed

Argentinian landlords flock back to the market after rent controls removed

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News
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If proof were needed this is it, rent controls lead to reduced landlord incomes, rental housing shortages, increased rents and deteriorating housing stock

WARNING: Eviction reforms will make landlords 'choosier' about tenants

WARNING: Eviction reforms will make landlords 'choosier' about tenants

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News
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Landlord Action’s Paul Shamplina has predicted a rise in landlords using rent guarantee insurance as well as tougher referencing to protect themselves against the fall-out of eviction reforms.

Big City in north plans expansion of selective licencing for landlords

Big City in north plans expansion of selective licencing for landlords

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News
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Leeds Council plans to extend selective licensing across more of the city when the current scheme ends next year.

Letting agent slams police over 'lack of justice'

Letting agent slams police over 'lack of justice'

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News
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A letting agent has criticised police who failed to act when vandals threw a brick through one of his tenant’s windows.

Landlords, Fed Up with the Labour Government? Sell your Portfolio NOW

Landlords, Fed Up with the Labour Government? Sell your Portfolio NOW

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The never-ending onslaught of landlords, including the abolition of Section 21, tough EPC rules, and changes to stamp duty, have left landlords fed up and thinking of throwing in the towel.

Energy firms called out over HMO tenant utility bill problems

Energy firms called out over HMO tenant utility bill problems

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News
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A tenants’ champion has slammed energy companies for failing to help renters with energy bill problems at HMOs.

Landlords fume after letting agency shuts down owing money

Landlords fume after letting agency shuts down owing money

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News
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Northwood letting agency in Romford has gone bust, leaving angry landlords out of pocket.

Most labour-voting landlords now regret their decision

Most labour-voting landlords now regret their decision

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News
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Most landlords who voted Labour wouldn’t do it again, a new survey from buy-to-lender Landbay has found.

RICS reports first dip in tenant demand since 2020

RICS reports first dip in tenant demand since 2020

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News
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Surveyors are the latest group to report a cooling rental market in the UK, with a slowing in demand among tenants for the first time since 2020.

Big town in south reveals plans for more HMO licencing

Big town in south reveals plans for more HMO licencing

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News
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Reading Council has given the go-ahead for an additional licensing scheme in the town – and defended the rising costs set to hit landlords.

Campaigners urge MPs to back more severe renting reforms

Campaigners urge MPs to back more severe renting reforms

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News
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Generation Rent has urged renters to get more MPs backing amendments to the Renters’ Rights Bill.

LATEST: Rental market cooling as landlord 'sell off' eases

LATEST: Rental market cooling as landlord 'sell off' eases

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News
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Rental growth in the UK has dropped to 3.9%, its lowest level in more than three years and down from 9.1% a year ago.

Demand for accessible homes grows as renting population ages

Demand for accessible homes grows as renting population ages

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News
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Demand for accessible homes is growing as the tenant population ages, a leading estate agency has reported, calling on Labour to help landlords finance upgrades.

COMMENT: Tax trap has landlords in a quandary

COMMENT: Tax trap has landlords in a quandary

Opinion
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With substantial capital gains gathered within your properties, selling the whole portfolio will probably leave you exposed to a substantial capital gains tax bill

Welsh Government reveals 'baffling' stamp duty rise for landlords

Welsh Government reveals 'baffling' stamp duty rise for landlords

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News
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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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News
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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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News
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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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News
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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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News
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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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News
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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

Opinion
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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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News
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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.

Rent rises 'out of control' says tenant campaigning group

Rent rises 'out of control' says tenant campaigning group

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Renter groups have called on the government to do more to tackle ‘out of control’ rents, as a government survey reveals that more than a third of landlords increasing rents on new tenancies did so by at least 15%.

OFFICIAL: Number of landlords planning to sell their properties rising

OFFICIAL: Number of landlords planning to sell their properties rising

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News
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Nearly a third of landlords plan to reduce the size of their portfolio in the next two years, with 16% aiming to sell all their properties, official research shows.

Banning tenant fees has been a success - claim academics

Banning tenant fees has been a success - claim academics

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The 2019 Tenant Fees Act, which over the past five years has severely restricted what fees landlords and letting agents can charge tenants, has been a success, two academics have claimed.

New partnership to help landlords manage changeovers better

New partnership to help landlords manage changeovers better

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News
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A partnership has been agreed that will enable landlord who are members of the National Residential Landlords Association and letting agents to better manage tenancy changeovers, for free.

Business Tenancies: reviewing the Landlord & Tenant Act 1954

Business Tenancies: reviewing the Landlord & Tenant Act 1954

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News
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The Law Commission is reviewing Part 2 of the Landlord and Tenant Act 1954 (LTA) to “ensure that it works for today’s commercial leasehold market.”