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Modest drop in rental costs heralds busy start to the year

Modest drop in rental costs heralds busy start to the year

News

The average cost of rent fell slightly during December, dropping 1.47% to �1,071, according to the latest Rental Index from https://www.goodlord.co/" Goodlord .<br><br>The South West saw the largest reduction of 2.68% to �1,066 while the only region to see an increase wa

Good relationships will make all the difference in a challenging year

Good relationships will make all the difference in a challenging year

News

Landlords should think carefully before attempting to remove good tenants who resist rent increases, advises https://www.landlordaction.co.uk/ Landlord Action founder Paul Shamplina - or risk replacing them with tenants who stop paying rent. If you have a

Ban for letting agent who claimed £100K in Bounce Back loans

Ban for letting agent who claimed £100K in Bounce Back loans

News

A letting agency boss has been hit with an 11-year ban after repeatedly abusing the https://www.landlordzone.co.uk/news/landlords-who-took-out-bounce-back-loans-given-six-month-breathing-space/" Bounce Back Loan scheme. Laszlo Szabo, the sole director of Letti

Majority of landlords will have to raise rents next year 'by at least 10%'

Majority of landlords will have to raise rents next year 'by at least 10%'

News

Almost two-thirds of landlords (62%) will be forced to raise rents by at least 10% in the next 12 months if market conditions dont improve. Research by Aldermore Bank found that despite this, landlords feel conflicted about passing on costs in an alread

Legal & General reveals �5 billion investment in housing last year, including BTR.

Legal & General reveals �5 billion investment in housing last year, including BTR.

News

Legal &amp; General Capital helped fund more than 17,000 new homes across affordable housing, suburban build-to-rent (BTR), modular housing, traditional build-to-sell, and key worker homes last year. The insurance group invested �5 billion towards levelling up the UKs towns

TENANT BLOG: What I think of the Government's looming renting reforms

TENANT BLOG: What I think of the Government's looming renting reforms

News

If you havent heard of it before, the Renters' Reform Bill is set to be voted on before May 2023, bringing with it a plethora of proposed changes for landlords and tenants alike. Shelter , who along with other organisations are cam

BREAKING: Landlords cry foul over council's HMO planning rules change of mind

BREAKING: Landlords cry foul over council's HMO planning rules change of mind

News

Long-term HMO landlords in Portsmouth risk losing their C3/C4 status with no chance of getting it back due to confusion over planning rules, it is claimed. Many took advantage of the option to switch between family use (C3) and HMO (C4) without needing planning permission in 201

COMMENT: My top 10 priorities for landlords in 2023

COMMENT: My top 10 priorities for landlords in 2023

News

The rental sector is likely to see some of the biggest changes since the 1980s, so do your homework and keep yourself up-to-date. All the signs are that operating as a residential landlord in 2023 will be just as challenging as it was last year, if not more so here are my to

HONOURS: Leading property sector figure Kate Faulkner awarded OBE

HONOURS: Leading property sector figure Kate Faulkner awarded OBE

News

Leading property sector figure Kate Faulkner has been given an OBE in the New Years Honours List. Faulkners honour is for her involvement with landlords, estate agents and consumers including her work leading the property industry Home Buying and Selling Grou

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'Game changer' heat pump installation service for landlords launches

'Game changer' heat pump installation service for landlords launches

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Home energy installation company BOXT aims to revolutionise the way heating systems are installed in private rented homes.

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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News
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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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News
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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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News
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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.

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.

Renting reforms 'to drive huge increase in tenancy disputes'

Renting reforms 'to drive huge increase in tenancy disputes'

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News
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The Renters’ Rights Bill is expected to fuel a surge in tenancy disputes following a 20% rise last year.

Council to restrict HMOs despite 'no evidence' residents cause crime

Council to restrict HMOs despite 'no evidence' residents cause crime

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News
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A big Midlands council has revealed plans to introduce an Article 4 direction across the borough while admitting that there is no strong link between HMOs and crime.

Renting reforms 'will go nowhere unless courts properly funded'

Renting reforms 'will go nowhere unless courts properly funded'

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News
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Lawyers have warned that an underfunded justice system will hinder any progress made in strengthening renters’ rights.

'Hold your nerve: Watch, wait, and don’t panic'

'Hold your nerve: Watch, wait, and don’t panic'

Opinion
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The biggest news to hit the private rental sector in 25 years is here: the Renters' Rights Bill. Scheduled for its second reading today, 9 October, this Bill is poised to reshape the landscape for landlords and tenants alike.

Renters’ Rights Bill: how concerned should we be?

Renters’ Rights Bill: how concerned should we be?

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News
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Here’s an initial reaction to the Renters’ Rights Bill, thoughts that could change as it progresses through parliament - the second reading is today.

Funding confirmed for EPC improvements – but will it be enough?

Funding confirmed for EPC improvements – but will it be enough?

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A new funding pot has been announced to support energy efficiency improvements in England.

MPs to debate renting reforms today as Rayner promises law 'ASAP'

MPs to debate renting reforms today as Rayner promises law 'ASAP'

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News
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The Renters’ Rights Bill will become law ‘as soon as possible’ housing secretary Angela Rayner has promised as parliament debates her legislation for the first time.

HMO landlords' fine appeal leads to £100,000 increase

HMO landlords' fine appeal leads to £100,000 increase

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News
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A judge has massively increased the fines given to two HMO landlords who have failed in a legal challenge against their sentence.

WARNING: Abolishing ASTs will push landlords into short lets sector

WARNING: Abolishing ASTs will push landlords into short lets sector

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News
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Removing fixed-term tenancies will drive up rents as landlords switch to short-term lets, warns Propertymark.

Landlord fined £22,600 after ignoring tenant safety warnings

Landlord fined £22,600 after ignoring tenant safety warnings

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News
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A landlord with multiple properties in Bootle has been ordered to pay £22,630 for ignoring safety risks that left his tenants facing imminent danger.

Many tenants are becoming 'unrentable' says leading figure

Many tenants are becoming 'unrentable' says leading figure

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A significant number of people seeking properties to rent are finding themselves excluded and forced to live in temporary accommodation, it has been claimed, as landlords be become more risk averse.

Environmental health officers call for stronger landlord licencing

Environmental health officers call for stronger landlord licencing

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The Chartered Institute of Environmental Health (CIEH) has backed calls for better funding of councils’ housing enforcement and stronger selective licensing.

Landlords slam Labour's plan to tighten arrears eviction rules

Landlords slam Labour's plan to tighten arrears eviction rules

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News
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Landlords have criticised the Government’s plan to raise the minimum period of rent arrears from two to three months before they can be served notice to repossess.

'Lease us your rented homes', Welsh Government urges landlords

'Lease us your rented homes', Welsh Government urges landlords

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News
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The Welsh Government wants landlords to lease their empty properties to local councils in a bid to boost the number of affordable homes within its private rented sector.

New housing committee chair promises to 'hold Government to account'

New housing committee chair promises to 'hold Government to account'

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Labour MP Florence Eshalomi has promised to hold the government to account in her new role as chair of the Housing, Communities and Local Government Committee.

Big Midlands town reveals selective licencing plans

Big Midlands town reveals selective licencing plans

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News
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Mansfield is the latest major district council to reveal plans for a large selective licencing scheme.

Don't increase CGT for landlords, auctioneers urge Chancellor

Don't increase CGT for landlords, auctioneers urge Chancellor

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News
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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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News
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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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News
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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.