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Merry Christmas and a Happy News Year to all our readers

Merry Christmas and a Happy News Year to all our readers

News

The past 12 months have been a momentous time for private landlords as tax changes and looming new regulations have been unveiled by politicians of various hues.

'What's the point of good landlords if rogues aren't policed?'

'What's the point of good landlords if rogues aren't policed?'

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Councils are sending the wrong message to law-abiding landlords by failing to investigate those who can’t provide a valid EPC certificate.

Northern landlord fined £38,000 over multiple HMO offences

Northern landlord fined £38,000 over multiple HMO offences

News

A landlord in Liverpool has been prosecuted by its city council for 23 offences under national HMO management regulations.

Heat pumps 'don't help upgrade EPCs' warns new report

Heat pumps 'don't help upgrade EPCs' warns new report

News

Despite enthusiasm in Whitehall for heat pumps they not the best way to upgrade a rented property EPC rating, a new report has claimed.

Two thirds of private renters struggling to pay rent

Two thirds of private renters struggling to pay rent

News

Nearly two-thirds of working private renters - 4,450,000 people - are falling behind with rent payments or struggling to pay their rent.

COMMENT: Year end 2024 heralds both optimism and some pessimism for property investing…

COMMENT: Year end 2024 heralds both optimism and some pessimism for property investing…

News

Tom Entwistle recalls the year in property and looks forward to the year ahead

Labour to help landlords trapped by unsafe cladding

Labour to help landlords trapped by unsafe cladding

News

Landlords who own flats in blocks with unsafe cladding have been given an assurance that developers must meet repair deadlines next year following the publication of the government’s Remediation Acceleration Plan (RAP).

'Bills-included' tenancies are more profitable, says EPC expert

'Bills-included' tenancies are more profitable, says EPC expert

News

Landlords offering a bills-included rental could dramatically increase their profit margins by improving its energy efficiency.

Council boasts about landlord prosecution success

Council boasts about landlord prosecution success

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Sheffield Council has boasted that it’s one of the keenest prosecutors of rogue landlords in the UK.

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Landlords and agents slam Scots stamp duty hike

Landlords and agents slam Scots stamp duty hike

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Landlords and agents have slammed the Scottish government’s decision to increase the Additional Dwelling Supplement (ADS) under Land and Buildings Transaction Tax from 6% to 8%.

Labour to make landlords renew EPCs more often

Labour to make landlords renew EPCs more often

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Proposed changes to Energy Performance of Buildings regulations mean private landlords in England and Wales would have to get EPCs more frequently.

Tax hike prompts buying and selling rush among portfolio landlords

Tax hike prompts buying and selling rush among portfolio landlords

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Landlords buying up property portfolios have helped non-residential property sales reach a new high this year as investors seek to capitalise on the existing tax rate, ahead of stamp duty changes.

Report reveals shock gap between Chinese and UK student rents

Report reveals shock gap between Chinese and UK student rents

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Wealthy Chinese students are paying £66 a week or 42% more in rent than their British counterparts, according to the latest StuRents annual report.

Will councils begin selling off empty landlord properties?

Will councils begin selling off empty landlord properties?

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A property expert has voiced concerns that councils won’t have the resources to implement the government’s new high street auctions initiative.

'Lackadaisical' landlord to repay tenants £10,538

'Lackadaisical' landlord to repay tenants £10,538

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A landlord in London has been ordered to repay three of his tenants £10,538 after they applied successfully for a rent repayment order (RRO).

How to tackle damp and mould as the mercury falls

How to tackle damp and mould as the mercury falls

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Damp and mould can affect your rental properties at any time of year; but issues are much more likely to occur in colder months.

Landlords with mortgages 'to get early Xmas present'

Landlords with mortgages 'to get early Xmas present'

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Mortgage rates are likely to drop even further before the end of the year, providing some much-needed festive cheer for landlords.

Labour says renters face 'insecurity' but tenancies getting longer

Labour says renters face 'insecurity' but tenancies getting longer

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Private renters are increasingly staying for longer in their homes, contrary to tenant groups’ argument that they face ‘insecurity of tenure’.

Council slammed for breaking property licencing scheme rules

Council slammed for breaking property licencing scheme rules

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Hackney Council has been called out for continuing to process additional and selective landlord licence applications five months after both schemes ended.

Will the commercial property market revive soon?

Will the commercial property market revive soon?

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The UK commercial real estate sector has faced significant challenges recently due to changing trends, will recent signs of a turnaround continue?

Rogue landlord and agent first to be banned from PRS in Essex

Rogue landlord and agent first to be banned from PRS in Essex

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A rogue landlord and also letting agent who let out grotty and overcrowded properties has been handed the first banning order in Essex.

Number of tenants looking for properties to rent drops 39%

Number of tenants looking for properties to rent drops 39%

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Rental growth has slowed to its lowest level for nearly three years while demand has dropped by 39% during the past 12 months.

Northern city named best BTL hotspot with 13.1% gross yield

Northern city named best BTL hotspot with 13.1% gross yield

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As house prices have risen sharply in recent decades, many had thought that the sub-£100,000 house that returned double-digit gross returns had gone for good.

Scottish rent rises top charts after controls end

Scottish rent rises top charts after controls end

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The Scottish government’s failure to plan for the end of temporary rent controls has led to rents rising faster than in most other parts of the UK.

Generation Rent boss urges landlords to absorb costs

Generation Rent boss urges landlords to absorb costs

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Landlords can bear the brunt of longer notice periods due to charging high rents, according to Generation Rent.

Manx council moves to restrict holiday let growth

Manx council moves to restrict holiday let growth

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An Isle of Man village has become the latest authority to clamp down on the growth in short-term lets.

NEW: Councillors vote through selective licensing and higher fees

NEW: Councillors vote through selective licensing and higher fees

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Burnley councillors have recommended that its three selective licensing schemes covering some 2,000 homes be extended for another five years following a three-month-long consultation. The schemes in Burnley Wood and Healey Wood, along with the Leyland Road area of the town, were

NEW: Royal family make £1.4m a year from holiday lets

NEW: Royal family make £1.4m a year from holiday lets

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The Royal Family could be raking in £118,775 each month from their holiday let portfolio, adding up to a lucrative annual rental income of more than £1.4 million.

3,000 landlords are under 21 years old, reveals finance data

3,000 landlords are under 21 years old, reveals finance data

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Gen Z are rushing to invest in buy-to-let property, with more than 3,000 buy-to-let landlords in the UK now under the age of 21.

Landlord given police caution after assaulting tenant over 'arrears'

Landlord given police caution after assaulting tenant over 'arrears'

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A landlord who reportedly attacked a tenant after he complained about serious disrepairs has been handed a police caution.

Rent controls reduce supply and housing quality, says new report

Rent controls reduce supply and housing quality, says new report

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A new report that evaluates the dozens of rent control schemes implemented over the past 60 years across the world has concluded that overall they are harmful to rental homes supply.

COMMENT: Did you know that tenants can claim compensation over disrepair?

COMMENT: Did you know that tenants can claim compensation over disrepair?

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Tenants can claim compensation from their landlord for repairs that are not done in a reasonable time; repairs that are of bad quality and do not fix things

EXPERT: 'Now is the time to convert from commercial to residential'

EXPERT: 'Now is the time to convert from commercial to residential'

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There’s never been a better time for landlords to convert a commercial building to residential use, according to a leading architect.

'Dont be afraid of the future' Zoopla boss tells landlords

'Dont be afraid of the future' Zoopla boss tells landlords

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Zoopla boss Richard Donnell has urged landlords and investors to steer clear of misinformation about the PRS and focus on the positives.

Landlord's rental properties seized in UK regulation 'first'

Landlord's rental properties seized in UK regulation 'first'

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A rogue landlord who persistently failed to license several rented properties has had them seized by Merton Council in one of the first actions of its kind in the country.

Sadiq Khan goes quiet on rent controls after Labour 'slap down'

Sadiq Khan goes quiet on rent controls after Labour 'slap down'

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London Mayor Sadiq Khan has been slapped down by Labour’s national leadership after asking to be given rent control powers, it has been reported.

Coventry to extend HMO licencing for five years

Coventry to extend HMO licencing for five years

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Coventry councillors look set to give the go-ahead to extending the city’s additional licensing scheme, raising the fee for a five-year licence from £840 to £916.

Potential buyer reports landlord to council over illegal HMO

Potential buyer reports landlord to council over illegal HMO

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A landlord renting out an unlicensed HMO was caught out when a prospective buyer reported her to the council.

REVEALED: £10k cost of getting rental properties up to Labour's new EPC minimum

REVEALED: £10k cost of getting rental properties up to Labour's new EPC minimum

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Private landlords face an average bill of £10,000 to hit government EPC C targets by 2030, according to new research.

City's selective licensing to generate £7.7 million for council

City's selective licensing to generate £7.7 million for council

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The City of Peterborough says it has received selective licencing applications for three quarters of the properties due to be included in the ten-ward scheme, with a deadline for the completion of applications due at the end of November.

Lobby group launches to fight Scotland's rent controls

Lobby group launches to fight Scotland's rent controls

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A new private rented sector lobbying group hopes to convince the Scottish government to temper its plans for permanent rent controls under the Housing (Scotland) Bill.

Landlords warned after deposits court case stops eviction

Landlords warned after deposits court case stops eviction

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An appeal judge has backed a tenant’s argument that serving prescribed information before the deposit is paid isn’t valid, meaning their eviction cannot go ahead.

REVEALED: Where landlords wait longest and shortest to find tenants

REVEALED: Where landlords wait longest and shortest to find tenants

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Gloucester was the fastest moving rental market last month where the average property was let within 14 days of being advertised.