LandlordZONE caught up with Marcus Selmon, Chair of portfolio landlord group PLAN to discuss the state of the private rented sector and the soon-to-be enacted Renters’ Rights Bill from the perspective of his members.
This is a book I wish I’d had available when I first started out on my own property investing career
The government’s reluctance to properly fund eviction courts could cause chaos once the Renters’ Rights Bill becomes law, a leading lawyer has warned.
A landlord caught out for having an unlicensed property has managed to get her fine slashed after a First Tier Property Tribunal heard that the tenants owed more than £17,000 in rent.
Landlords who buy leasehold apartments will next month be able to extend the property’s lease without having to wait two years, as it presently the case.
A fed-up landlord has challenged tenants’ union Acorn for using social media to relentlessly bash the PRS without considering the bigger picture.
The decision to hold onto your rental properties or sell them is more critical than ever – landlords everywhere are taking time to weigh up the balance between risk and profit.
Tenants are living in build-to-rent developments for less time than their counterparts in the traditional PRS – suggesting that they are not the panacea for the housing crisis that is often claimed.
A landlord who built an illegal outbuilding to store his tenants’ belongings has been ordered to pay more than £23,000.
Just as residential landlords are contemplating the costs of bringing older properties up to the proposed new standard - very likely EPC band C� required by December 2025 - so too are commercial landlords.<br> See: https://www.landlordzone.co.uk/news/compulsory-epc
Compulsory EPC band C by 2025 causing confusion There have been recent confusing reports put out that from 2025, all newly rented properties in England & Wales will be required to have an EPC rating of band C or above. This is somewhat misleading and jum
LandlordZONE sits down with one of Londons most prolific but little-known landlords who has spent 30 years amassing a huge portfolio in the East End and West End areas of the capital. For reasons of privacy, and a desire to remain behind the scenes, he doesnt want to
So, we ended 2021 after twenty-one months since the first Covid lockdown with the new variant, Omicron, spreading fast, and with Wales, Scotland and Northern Ireland putting in stricter measures and speculation that England may follow with an announcement early in the New Year.
An example of the difficulty of prediction is the conclusion to a detailed study recently published on the private rented sector by the London School of Economics (a study commissioned by the NRLA) Individually and cumulatively, the recent tax changes
A lettings agency boss and landlord has been slapped with a �40,700 Rent Repayment Officer despite claiming that his failure to licence an HMO was an honest mistake. A First Tier Property Tribunal handed five former tenants the maximum award for the period from September 2019 t
Scotland has launched plans for an overhaul of its rented sector that include a controversial system of rent controls. Proposals also include increasing penalties for illegal evictions, restricting evictions during winter, giving tenants greater flexibility to keep pets, introdu
Bristol has approved plans to extend landlord licensing in Brislington West, Bedminster and Horfield wards in a bid to raise PRS standards. The scheme includes additional licensing - HMOs with three or more unrelated people sharing facilities and selective licensing - privat
Durham has been given the green light for a huge new selective licensing scheme although it is 40% smaller than its original plan. The scheme will cover about 29,000 homes, 42% of the countys private rented sector, and will go live on 1st April when landlords will need a
Rents will carry on rising next year as the supply of rental homes continues to be outstripped by supply – but an ‘inflection point’ where rents become too expensive for many tenants will eventually arrive, and already has done in London.
Decision by Lambeth councillors comes just a few months after an initial and expensive four-ward scheme went live.
There are Autumn Budget winners and losers in the property industry as a whole
The Government has rejected calls for 10-year selective licensing schemes and insists that the government recognises the burden that licensing puts on landlords.
The Bank of England has cut interest rates from 5% to 4.75%, providing some welcome cheer for landlords looking to invest and remortgage.
The average rent arrears claim climbed to £2,064 in the third quarter of this year, a 22% rise on the same period last year.
Housing minister Matthew Pennycook has said rent controls in England would hit both tenants and landlords negatively by reducing supply and discouraging investment.
Former Labour MP Dame Karen Buck has been hired as Generation Rent’s new chair of the board.
Scotland’s Housing Bill has been diluted to keep landlord lobbyists happy rather than focusing on renters’ needs, according to a Green MSP.
Three rogue landlords who operated a string of unlicensed and unsafe HMOs across Northampton have been collectively fined a whopping £452,796.
The formation of a new ‘powerhouse’ organisation to represent the commercial property sector including build-to-rent and co-living is under way, it has been announced.
Labour has confirmed that it will compel landlords of high street shops to rent out their premises if they stand empty for too long.
The NRLA is launching a new course, which will guide landlords through the new legislation.
Commercial property has been hit hard over the Covid period. Rightmove, with its copious amounts of data, has identified something of a turnaround
A former estate agent who founded one of the UK’s largest property firms has been named by Kemi Badenoch as shadow housing secretary.
The Government is to become a significant provider of affordable private sector rental homes with plans to build some 3,000 units under a new name, Habiko.
A landlord who forgot to chase up a licencing application for her rented property in London has paid a heavy price for her mistake after being ordered to return rent totalling £11,245 to her tenants.
Comment has been made the Chartered Institue of Health Officers, which says such schemes should be the key tool for improving PRS home quality.
Despite the overall good news, many landlords have remained in brace position and have reached out to exit the market and sell their buy-to-lets.
Property auctioneers gave revealed its concerns about the Chancellor’s decision to raise Stamp Duty for those who purchase buy-to-let properties.
Prince William has promised to upgrade the private rental properties he rents out via the Duchy of Cornwall after reports over the weekend.
A lobbying group for renters’ rights is hoping to persuade MPs to make the Government’s renting reform legislation regulated landlords even harder.
Investors, business owners, landlords and pension savers were braced for a painful attack on their assets, gains and savings
The Scottish Government has announced a new inflation-linked rent cap in its Housing Bill in a bid to balance supporting tenants with protecting landlords’ property rights.
The Institute for Fiscal Studies (IFS) has slammed the Stamp Duty rise for landlords, warning that tenants will suffer as a result of the Budget announcement.
