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COMMENT: Tax trap has landlords in a quandary

COMMENT: Tax trap has landlords in a quandary

Opinion

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

News

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

News

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

News

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'

News

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

News

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

News

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

News

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

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.

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US bank predicts rebound in UK property prices

US bank predicts rebound in UK property prices

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News
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US bank predicts turnaround in UK property market - inflation down to 3 per cent in two years

London's most expensive selective licencing scheme revealed

London's most expensive selective licencing scheme revealed

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News
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Landlords in one of London’s biggest boroughs face a new selective schemes following a consultation launched by Lambeth council.

Recent research by Savills points to more landlords being priced out of BTL

Recent research by Savills points to more landlords being priced out of BTL

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News
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More landlords to be priced out of BTL as rent increases slow from their peak

MP in second bid to stop landlords evicting benefits tenants in arrears

MP in second bid to stop landlords evicting benefits tenants in arrears

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News
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An SNP MP has made another attempt to prevent PRS landlords from evicting benefit tenants who are in arrears.

Unusual portal and app that pays landlords seeks £5m funding

Unusual portal and app that pays landlords seeks £5m funding

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News
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A property start-up hoping to the next big thing in the student housing market is looking for a £5 million cash injection to help it launch across four more cities.

Wales changes guidance after 'uncertainy' over occupation contracts

Wales changes guidance after 'uncertainy' over occupation contracts

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News
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Landlords in Wales need to update their occupation contract templates after the Welsh government amended part of the document.

Initiative launched to better regulate property 'deal sourcers'

Initiative launched to better regulate property 'deal sourcers'

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News
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The world of property deal sourcing is to become better regulated following the launch of a new partnership between the sector’s trade association and the Property Redress Scheme.

HMRC targetting 'under declaring' limited company landlords

HMRC targetting 'under declaring' limited company landlords

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News
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A property lawyer has warned that HMRC believes buy-to-let landlords may be under-declaring taxes, and that it has them in their sights.

Smaller landlords offloading properties the most - claim

Smaller landlords offloading properties the most - claim

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Twice the number of landlords with one or two properties plan to sell up compared with those who own more than 10 properties, according to a new survey.

London borough to go ahead with more HMO licencing

London borough to go ahead with more HMO licencing

News
News
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Barking and Dagenham is to go ahead with an HMO licensing extension in January and has asked the government to approve a new selective scheme.

Give landlords more money to upgrade properties, urges Nationwide

Give landlords more money to upgrade properties, urges Nationwide

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News
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One of the UK’s largest BTL mortgage lenders has urged the Government to give landlords more financial support to reach the recently-announced 2030 deadline for all rental properties to reach a minimum EPC band C.

Landlord-bashing council slammed over its own property failings

Landlord-bashing council slammed over its own property failings

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News
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Newham Council has apologised to council tenants after the Regulator of Social Housing found serious failings in safety standards at its properties.

Housing must be a (unique reference) numbers game, Rayner told

Housing must be a (unique reference) numbers game, Rayner told

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News
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A coalition of leading property groups has called on the government to put the Unique Property Reference Number (UPRN) at the heart of the UK residential market.

Pet-friendly homes, not rent rises are tenants biggest concern

Pet-friendly homes, not rent rises are tenants biggest concern

News
News
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Many politicians and campaigners have, in support of the Government’s looing renting reforms, claimed that tenants feel insecure when living in their homes and are worried about the high rents.

Rightmove urges Chancellor not to punish landlords AGAIN

Rightmove urges Chancellor not to punish landlords AGAIN

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News
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Rightmove has called on the Government to support landlords, not load them with more tax, ahead of the Chancellor’s budget on 30th October.

LATEST: New guide to official retrofitting support for landlords

LATEST: New guide to official retrofitting support for landlords

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Opinion
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After feedback from landlords, energy firm Utilita has published a free guide on the LandlordZONE Forum on retrofitting scheme eligilility.

Angela Rayner approves compulsory purchase of landlord's house

Angela Rayner approves compulsory purchase of landlord's house

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News
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Haringey Council has made a Compulsory Purchase Order (CPO) for a derelict house, demonstrating the lengths to which authorities are going to repossess landlord properties.

UPDATED - Commercial landlords face heavy fines

UPDATED - Commercial landlords face heavy fines

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News
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The UK government has committed to its targets to reach net zero emissions by 2050. As part of this initiative the Government is looking to reduce emissions across a wide range of sectors, including commercial and residential property.

'Widespread fear' among landlords over EPC upgrade costs

'Widespread fear' among landlords over EPC upgrade costs

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News
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One quarter of private landlords plan to sell their properties needing energy upgrades due to the government’s ambition for the sector to reach EPC targets by 2030.

UK's biggest trade union backs MORE renting reforms

UK's biggest trade union backs MORE renting reforms

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News
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The UK’s largest union wants Labour to go further with its plans to reform the PRS and has labelled the Renters’ Rights Bill as only the ‘first step’.

Most former rental properties not bought by first time buyers

Most former rental properties not bought by first time buyers

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News
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Data from a leading estate agency shows just 35% of former rental homes go to those entering the owner-occupier market.

Fears rise over Scotland's rent control plans as investment declines

Fears rise over Scotland's rent control plans as investment declines

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News
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A property leader has warned that Scotland's upcoming Housing Bill must not hamper much-needed investment in the rental sector.

Tenant campaigners push for Labour to go 'much further'

Tenant campaigners push for Labour to go 'much further'

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News
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Tenants’ union Acorn is pushing Labour to introduce tougher rent caps or face undermining work to reform renters’ rights.

Landlord to pay huge rent repayment order over unlicenced HMO

Landlord to pay huge rent repayment order over unlicenced HMO

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News
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Opinion
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A rogue landlord has been ordered to hand back nearly £34,000 to five tenants after failing to license his mouse-infested HMO.

'Abolishing Section 21 evictions won't stop homelessness'

'Abolishing Section 21 evictions won't stop homelessness'

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News
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Ben Beadle, the Chief Executive of the NRLA, has told LandlordZONE that abolishing Section 21 evictions might sound noble, but it's won't make the private rented sector fairer overnight, as many campaigning groups and Labour MPs often claim.

Commercial property continues to struggle in a market downturn

Commercial property continues to struggle in a market downturn

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News
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The UK commercial property market is in a downturn right now. As with the wider economy, commercial property is subject to economic cycles

Tenant campaigners call for controls on 'upfront payments'

Tenant campaigners call for controls on 'upfront payments'

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News
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Tenants’ union Acorn has urged Labour to curb ‘upfront payments’ for new tenants to one month’s rent in a bid to make rented homes more affordable.

Council launches innovative solution to housing crisis

Council launches innovative solution to housing crisis

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News
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Milton Keynes City Council has come up with an innovative scheme to top up rents for those moving from temporary accommodation into the PRS.

Renting reforms to have 'unintended consequences' warns agent leader

Renting reforms to have 'unintended consequences' warns agent leader

News
News
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Propertymark has warned that the Renters’ Rights Bill poses critical unintended consequences unless the government ensures a fair and balanced approach between landlord and tenant rights.

One of UK's largest portfolio landlords fined £97,000

One of UK's largest portfolio landlords fined £97,000

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News
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A landlord with a string of more than 5,000 rental properties across the UK has been fined a whopping £97,000 over the ‘serious and deliberate’ failure to manage a block of flats in Sheffield.

Investment in the private rented sector unlocked

Investment in the private rented sector unlocked

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NRLA trainer Henry Davis explains how his Key to Property Investment course can help you stay ahead of the game.

Renting reforms will cause 'gridlock' in justice system says Badenoch

Renting reforms will cause 'gridlock' in justice system says Badenoch

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News
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The government has been accused of pressing ahead with renter reform measures that will cause gridlock in the justice system, and pit landlords and tenants against each other in protracted litigation.

Few MPs defend landlords during Renters' Rights Bill debate in Commons

Few MPs defend landlords during Renters' Rights Bill debate in Commons

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News
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Few MPs stood to defend landlords during yesterday’s second reading of the Renters' Rights Bill in parliament, but a few did - with all of them being Conservative.

Landlords 'selling up' ahead of expected CGT rise says RICS

Landlords 'selling up' ahead of expected CGT rise says RICS

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News
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Landlords listing their properties for sale before potential capital gains tax rises are adding to a widening divide between supply and demand, report letting agents from around the UK.