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Illegal HMO conversion lands landlord with hefty fine

Illegal HMO conversion lands landlord with hefty fine

News

A https://www.landlordzone.co.uk/news/court-fines-unlucky-but-rogue-landlord-12000-over-unlicensed-hmo/" rogue landlord who illegally subdivided his property into seven separate flats has been ordered to pay back more than �110,000 through the Proceeds of Crime Act.<br><

Green mortgage aims to make an impact on BTL investors

Green mortgage aims to make an impact on BTL investors

News

Buy-to-let landlords could add the cost of making properties more https://www.landlordzone.co.uk/news/landlords-rush-to-offload-their-energy-poor-properties/" energy efficient onto their mortgage in an initiative to make more UK homes greener. https:/

BLOG: How the Renters (Reform) Bill heralds big changes for landlords

BLOG: How the Renters (Reform) Bill heralds big changes for landlords

News

In the second in a series of blogs for&nbsp;LandlordZONE&nbsp; on rental reform,&nbsp;Sean Hooker , Head of Redress at the&nbsp;https://www.theprs.co.uk/" <e

Reform Bill: Landlords brace for 'challenging' notice periods

Reform Bill: Landlords brace for 'challenging' notice periods

News

Tenants could effectively move in and give notice the same day under proposals in the https://www.landlordzone.co.uk/news/renters-reform-bill-we-take-a-first-look-at-the-radical-new-legislation/" Renters (Reform) Bill . The draft legislation scraps assured shor

Landlords rushing to sell as mortgage costs soar above tenants' rent

Landlords rushing to sell as mortgage costs soar above tenants' rent

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Private landlords across the UK have found themselves in hot water, and its no surprise that many are rushing to sell their property portfolios. A recent article by the BBC reported that private landlords had expressed critical concerns that their rents wont cover the cost

Reform Bill: 'Justice at stake if eviction changes not backed by extra funding'

Reform Bill: 'Justice at stake if eviction changes not backed by extra funding'

News

Court reforms and extra funding are needed if the governments overhaul of the evictions process is to succeed, warn landlord groups and eviction specialists. It has promised to abolish section 21 no fault evictions&nbsp;as part of the https://www.landlordzone.c

Reform Bill: Landlord database to be enforced with court orders

Reform Bill: Landlord database to be enforced with court orders

News

A new ombudsman known as the landlord redress scheme - and property portal would be compulsory for all private sector landlords. Part of the https://www.landlordzone.co.uk/news/renters-reform-bill-we-take-a-first-look-at-the-radical-new-legislation/" Renters

Renters (Reform) Bill - we take a first look at the radical new legislation

Renters (Reform) Bill - we take a first look at the radical new legislation

News

The Renters (Reform) Bill has finally had its first reading in Parliament, promising a fair deal to renters, faster redress for landlords and giving more details on how 'pets with lets' will work. Heralded as a once-in-a-generation overhaul of housing laws�, the government

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

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Why is Government making investing in PRS more difficult, asks leading landlord

Why is Government making investing in PRS more difficult, asks leading landlord

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A leading landlord in the SW has slammed the Government’s ongoing assault on the private rented sector, saying the efforts of Michael Gove and his predecessors puzzle ‘honourable and decent’ operators like him.

WARNING: Hunt's tax changes will hit landlords AND renters

WARNING: Hunt's tax changes will hit landlords AND renters

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Changes to income and Capital Gains Tax (CGT) that came in over the weekend could mean reduced investment in the PRS and insurance premiums, warns an insurance expert.

TV star reveals London training day for landlords

TV star reveals London training day for landlords

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Paul Shamplina has assembled a panel of experts to run a training day this summer that will advise and coach landlords to navigate the tough economic and regulatory environment facing the privately rented sector.

ENERGY CAP: How much badly-insulated homes will cost tenants

ENERGY CAP: How much badly-insulated homes will cost tenants

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Poorly insulated homes will be sent annual gas bills about £340 – around 50% - higher than those with a C-rated Energy Performance Certificate (EPC) under Ofgem’s latest price cap, new research has found.

Is the staycation-fuelled holiday lets bubble bursting?

Is the staycation-fuelled holiday lets bubble bursting?

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News
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Holiday let owners are facing a significant dip in bookings this year as the sector feels the effects of the cost-of-living crisis, poor weather and an increasingly saturated market.

The dominoes may slowly fall as we head towards a distressed commercial market

The dominoes may slowly fall as we head towards a distressed commercial market

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News
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The UK’s commercial property sector is experiencing challenges: high interest rates, inflation, lower property values, and liquidity problems for lenders and borrowers.

'Rent repayment orders being used beyond their original purpose'

'Rent repayment orders being used beyond their original purpose'

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Some build-to-rent developments are increasingly falling foul of Rent Repayment Order (RRO) legislation, in a move away from its original aim to tackle poor HMOs, it has been claimed.

Thinktank battles landlords over evictions ban claims

Thinktank battles landlords over evictions ban claims

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The Social Market Foundation has argued that fears about stricter regulations reducing the supply of rental properties are ‘overblown’.

Tenant's jaw dropping makeover listed after pop star's campaign

Tenant's jaw dropping makeover listed after pop star's campaign

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A rented house which was transformed into a highly ornate classical ‘villa’ by its former tenant has been granted a Grade II listing.

Rent arrears climb by 22% as 'cost of living' crisis continues

Rent arrears climb by 22% as 'cost of living' crisis continues

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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 says rent controls would damage landlords and tenants

Housing minister says rent controls would damage landlords and tenants

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Housing minister Matthew Pennycook has said rent controls in England would hit both tenants and landlords negatively by reducing supply and discouraging investment.

Generation Rent hires former Labour MP and housing campaigner

Generation Rent hires former Labour MP and housing campaigner

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Former Labour MP Dame Karen Buck has been hired as Generation Rent’s new chair of the board.

Landlording 'not a real business' says Green politician

Landlording 'not a real business' says Green politician

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Scotland’s Housing Bill has been diluted to keep landlord lobbyists happy rather than focusing on renters’ needs, according to a Green MSP.

Landlord trio given UK's largest ever HMO fine

Landlord trio given UK's largest ever HMO fine

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Three rogue landlords who operated a string of unlicensed and unsafe HMOs across Northampton have been collectively fined a whopping £452,796.

New property 'powerhouse' organisation being planned

New property 'powerhouse' organisation being planned

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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 confirms plan to force landlords to lease out shops

Labour confirms plan to force landlords to lease out shops

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Labour has confirmed that it will compel landlords of high street shops to rent out their premises if they stand empty for too long.

First dates live for new NRLA Renters’ Rights course

First dates live for new NRLA Renters’ Rights course

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The NRLA is launching a new course, which will guide landlords through the new legislation.

Early signs of a turnaround in commercial property demand

Early signs of a turnaround in commercial property demand

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Commercial property has been hit hard over the Covid period. Rightmove, with its copious amounts of data, has identified something of a turnaround

Landlord and former estate agent becomes shadow housing secretary

Landlord and former estate agent becomes shadow housing secretary

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A former estate agent who founded one of the UK’s largest property firms has been named by Kemi Badenoch as shadow housing secretary.

Government reveals intiative to build 3,000 rented homes

Government reveals intiative to build 3,000 rented homes

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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.

Landlord pays a high price after forgetting to chase up licence

Landlord pays a high price after forgetting to chase up licence

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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.

Property licencing schemes should last for ten years, MPs are told

Property licencing schemes should last for ten years, MPs are told

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Comment has been made the Chartered Institue of Health Officers, which says such schemes should be the key tool for improving PRS home quality.

No change to CGT - but four landlords say 'we’re out!'

No change to CGT - but four landlords say 'we’re out!'

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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.

Stamp duty increase 'will reduce investment in private rented sector'

Stamp duty increase 'will reduce investment in private rented sector'

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News
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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 to 'upgrade estate' featuring mouldy rental homes

Prince William to 'upgrade estate' featuring mouldy rental homes

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News
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Prince William has promised to upgrade the private rental properties he rents out via the Duchy of Cornwall after reports over the weekend.

Tenant activists call for 'harsher' renting reform bill

Tenant activists call for 'harsher' renting reform bill

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A lobbying group for renters’ rights is hoping to persuade MPs to make the Government’s renting reform legislation regulated landlords even harder.

COMMENT: Autumn Budget 2024

COMMENT: Autumn Budget 2024

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News
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Investors, business owners, landlords and pension savers were braced for a painful attack on their assets, gains and savings

Scotland to limit rent rises to official inflation rate

Scotland to limit rent rises to official inflation rate

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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.

Leading research institute slams Chancellor over stamp duty hike

Leading research institute slams Chancellor over stamp duty hike

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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.

Bringing back empty rental homes should be 'biggest priority' says landlord

Bringing back empty rental homes should be 'biggest priority' says landlord

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Landlords should be encouraged to renovate and repurpose their empty properties to help resolve the housing crisis, according to one landlord.

Landlord to return deposit after odd attempt to charge for letters

Landlord to return deposit after odd attempt to charge for letters

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A landlord has failed in a bizarre attempt to withhold her tenant’s deposit by billing hundreds of pounds for writing letters and taking photographs.

New Local Housing Allowance freeze is 'nonsensical' say landlords

New Local Housing Allowance freeze is 'nonsensical' say landlords

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News
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The government’s decision to freeze housing benefit rates next year, leaving private tenants facing financial hardship, has been labelled “nonsensical”.

Autumn Budget – A Halloween Horror Story

Autumn Budget – A Halloween Horror Story

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After a huge amount of speculation in the press we can finally report what the new Labour Government has decided to do (and not to do) on the tax front

Stamp duty hike will add £7,000 to each purchase for landlords

Stamp duty hike will add £7,000 to each purchase for landlords

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Landlords will face an additional average charge of more than £7,000 from tomorrow when buying a property thanks to an uplift in Stamp Duty charges.