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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

News

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

News

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'

News

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

EXTRA red tape, scams and repairs drive more landlords to use agencies

EXTRA red tape, scams and repairs drive more landlords to use agencies

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Almost two thirds (63%) of private landlords who manage their own properties are tired of sorting out repairs and dealing with red tape and considering using a letting agency or property manager instead.  A Uswitch poll of 2,000 landlords found that the most common reason t

Labour to 'go further than Tories' with harsher Decent Homes Standard

Labour to 'go further than Tories' with harsher Decent Homes Standard

News

Labour has promised to ramp up the pressure on private landlords by introducing a legally binding Decent Homes Standard 2. Its latest draft policy programme a provisional blueprint likely to shape the next general election manifesto includes a proposal to take the

Starmer 'set to U-turn on rent controls' as London Mayor pleads for more powers

Starmer 'set to U-turn on rent controls' as London Mayor pleads for more powers

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Keir Starmer is set to rebuff previous calls by London mayor Sadiq Khan to bring in a rent freeze, it has been reported. Khan has been banging his rent freeze drum for months now as the cost-of-living crisis has hit many tenants personal finances, telling the BBC in Oct

'Disaster' renting reform bill to enter parliament tomorrow after PMQs

'Disaster' renting reform bill to enter parliament tomorrow after PMQs

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The much-delayed Renters Reform Bill is rumoured to be getting its first reading tomorrow after Prime Ministers Questions, although the 'full meat' of the proposals will come later. Rumoured to be renamed the Rented Homes Bill or Renters (Reform) Bill, landlords are waitin

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Don't increase CGT for landlords, auctioneers urge Chancellor

Don't increase CGT for landlords, auctioneers urge Chancellor

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Auctioneers have urged the government not to increase Capital Gains Tax at a time when confidence is returning to the housing market.

'System is skewed in favour of tenants, not landlords'

'System is skewed in favour of tenants, not landlords'

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A landlord struggling with an eviction has spoken out against the system which he says is heavily skewed in favour of tenants.

Number of landlords selling up gathers pace, says sobering report

Number of landlords selling up gathers pace, says sobering report

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Almost half of landlords have sold a property in the last year or plan to do so, according to the latest sobering industry survey.

Tenant campaigners call for landlords to pay compensation for evictions

Tenant campaigners call for landlords to pay compensation for evictions

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Tenants’ groups want the government to also introduce longer protected periods.

Can landlords afford property refurbishments and EPC upgrades?

Can landlords afford property refurbishments and EPC upgrades?

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Property refurbishments are becoming increasingly important for landlords as the Government prepares to force the sector to upgrade properties to minimum levels of energy performance by 2030.

Banning Section 21 evictions will be 'catastrophe' say 75% of landlords

Banning Section 21 evictions will be 'catastrophe' say 75% of landlords

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The majority of landlords (75%) are very concerned about plans to abolish no-fault evictions, labelling it “a catastrophe”.

More must be done to stop rogue tenants, says exiting landlord

More must be done to stop rogue tenants, says exiting landlord

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A fed-up landlord wants the government to legislate for more stringent referencing after being hit by rent dodging and criminal tenants.

Compliance – can you afford to get it wrong?

Compliance – can you afford to get it wrong?

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Landlords and agents could face fines of up to £40,000 for breaching new rules set to be introduced as part of the Government’s Renters’ Rights Bill.

Landlord wins battle with council over leasehold survey costs

Landlord wins battle with council over leasehold survey costs

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Nottingham Council has been told to hand back more than £2,800 to landlord Mick Roberts after a court ruled it had overcharged for lease extension surveys.

Major housebuilder switches to renting, not selling homes

Major housebuilder switches to renting, not selling homes

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Housebuilder Berkeley has announced its ambition to become a big player in the build-to-rent market amid sluggish demand from buyers.

Rent controls do not work and never will, expert warns Labour

Rent controls do not work and never will, expert warns Labour

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Rent controls are a potential bombshell in Labour’s manifesto that could have unintended consequences, according to one property expert.

8 essential things for prospective landlords to consider before purchasing a buy-to-let

8 essential things for prospective landlords to consider before purchasing a buy-to-let

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It's essential to ensure that property is the right investment vehicle for you and to choose a property and type of let that aligns with your financial objectives.

Three steps to auction finance success

Three steps to auction finance success

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When it comes toauction finance, several factors help to ensure a successful purchase. Read onfor expert advice and top tips on the legal process, lender outlook, andmortgage rate insights.

NEW: Labour launches broadside against bad landlords and 'vested interests'

NEW: Labour launches broadside against bad landlords and 'vested interests'

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Labour has launched a broadside against bad landlords as it adds more flesh to its manifesto bone in a bid to win the ‘renter vote’.

Scots and English Labour disagree publicly over rent controls

Scots and English Labour disagree publicly over rent controls

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Scottish Labour have promised that their new MPs will push for rent controls, despite the national party coming out against them.

INSIGHT: Will lower inflation see mortgage rates drop for landlords?

INSIGHT: Will lower inflation see mortgage rates drop for landlords?

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Landlords will have to wait a few more months for any real mortgage rate relief, despite today’s fall in inflation to 2%, experts tell LandlordZONE

After disastrous rent controls, SNP goes quiet on landlords

After disastrous rent controls, SNP goes quiet on landlords

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The SNP has published its manifesto in the run-up to next month’s general election – but renters and landlords barely get a look in.

'Rookie landlords now more at risk from selective licencing'

'Rookie landlords now more at risk from selective licencing'

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A leading law firm has warned that newbie landlords are at risk of ‘significant consequences’ because many are unaware that selective licencing is spreading rapidly across most urban areas of the UK.

OUT OF TOUCH? Minister claims landlords 'support rent controls'

OUT OF TOUCH? Minister claims landlords 'support rent controls'

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Scotland’s new housing minister Paul McLennan has surprised landlords by controversially claiming that the country’s private rented sector supports rent controls.

Labour casts doubt on Tory's CGT exemption scheme for landlords

Labour casts doubt on Tory's CGT exemption scheme for landlords

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Labour has cast doubt on the Conservatives’ proposal for a two-year temporary capital gains tax break for landlords who sell to their existing tenants

New report says EPCs 'riddled with inaccuracies'

New report says EPCs 'riddled with inaccuracies'

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A snapshot investigation by Which? has revealed that property owners are being given Energy Performance Certificates (EPCs) riddled with inaccuracie.

BLOG: What next for leaseholders facing remediation nightmares?

BLOG: What next for leaseholders facing remediation nightmares?

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Cross-bench peer the Earl of Lytton reveals his attempts to make the Leasehold and Freehold Reform Bill a better piece of legislation for landlords and leaseholders.

Political parties largely misunderstand the business rates issues

Political parties largely misunderstand the business rates issues

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The three main parties manifestos' proposals fail to instil confidence in Colliers business rates expert, John Webber.

17% of deposits 'don't cover rent arrears or damage by tenants'

17% of deposits 'don't cover rent arrears or damage by tenants'

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Cash deposits increasingly don’t cover landlords’ claims for rent arrears or damage, according to a new study.

55% of tenants support rent controls says Generation Rent

55% of tenants support rent controls says Generation Rent

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More than half of private renters (55%) reckon a new government should introduce rent controls.

Welsh nationalists back rent controls in manifesto

Welsh nationalists back rent controls in manifesto

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Plaid Cymru has come out in favour of rent controls in the PRS as part of its housing strategy in the party’s manifesto.

BLOG: Why accurate inventories are more important than ever

BLOG: Why accurate inventories are more important than ever

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The first thing I tell anyone is how important 'evidence' is in both deposit disputes and, now more than ever, monitoring fire safety compliance.

Renting £300 a month cheaper than owning says big lettings firm

Renting £300 a month cheaper than owning says big lettings firm

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Despite politicians and campaign groups claiming that the nation’s rental market is unaffordable, new research out today reveals that renting remains cheaper on average than buying a property with a 5% deposit.

GUIDE: Tenancy agreements as a deed instead of a contract

GUIDE: Tenancy agreements as a deed instead of a contract

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A tenancy agreement is just like any other contract, so as soon as both tenant and landlord have signed the agreement, it becomes a legally binding contract.

Definitive leasehold reform is still far from a done deal

Definitive leasehold reform is still far from a done deal

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Labour might be no more likely to deliver on promises to overhaul the leasehold system than the Conservatives, according to property experts.

Surveyors warn parties to focus on generation rent

Surveyors warn parties to focus on generation rent

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A huge mismatch in the private rented sector has left tenants tackling ever-rising living costs and plummeting affordability levels.

Demand grows for greener properties to lower energy bills

Demand grows for greener properties to lower energy bills

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Most portfolio landlords have been asked to make energy efficient improvements by their tenants in the past year, according to a new poll.

Labour manifesto sets deadline for more energy efficient PRS

Labour manifesto sets deadline for more energy efficient PRS

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Private rented homes will have to meet minimum energy efficiency standards by 2030 if Labour get the keys to Number 10 next month.

Farage will push for urgent repeal of Section 24

Farage will push for urgent repeal of Section 24

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Reform UK wants mortgage interest tax relief brought back as part of ‘critical reforms’ suggested by the party following the general election.