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Clamp down on letting second homes planned

Clamp down on letting second homes planned

News

Owners of second homes in many coastal and holiday locations could face a ban on renting using lettings websites like Airbnb. Tourist hotspots such as coastal towns in Cornwall and Devon are particularly affected. Communities being eroded In many of these towns, loca

BREAKING: Brighton reveals plans to limit Airbnbs as Gove prepares national restrictions

BREAKING: Brighton reveals plans to limit Airbnbs as Gove prepares national restrictions

News

Brighton and Hove has its sights set on being the first city to slap a ban on second homes and holiday lets. The Green-controlled council is looking to clamp down on landlords profiting from the staycation boom amid fears that the rapid growth has impacted on the availability of

ADVICE: Are you ready for the Leasehold Reform Act going live on 30th June?

ADVICE: Are you ready for the Leasehold Reform Act going live on 30th June?

News

In its latest plans, the Government is hoping to make the leasehold system fairer for leaseholders through a brand new Reform Act. There are several things for landlords to consider when the Leasehold Reform (Ground Rent) Act 2022 comes into force including where it

OPINION: What abolishing Section 21 evictions will mean for landlords

OPINION: What abolishing Section 21 evictions will mean for landlords

Opinion

The long-awaited Government White Paper, https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/1083378/A_fairer_private_rented_sector_web_accessible.pdf" target="_blank" A Fairer Private Rented Sector ,

It's now cheaper to rent than to buy...

It's now cheaper to rent than to buy...

News

According to recent research buy property agents Hamptons International, for the last 11 months its been cheaper to buy a home with a 10% deposit than rent. This is because to rental growth was tearing away before and mortgage rates were near their record lows. In May this ye

WARNING: Proposals to abolish fixed-term tenancies will 'ruin student market'

WARNING: Proposals to abolish fixed-term tenancies will 'ruin student market'

News

Abolishing fixed-term tenancies will devastate the student market and lead to a major contraction of student homes to rent, warns a leading accommodation provider. The governments https://www.gov.uk/government/publications/a-fairer-private-rented-sector" <stron

Section 21 eviction ban? We're off to short-term lets, say thousands of landlords

Section 21 eviction ban? We're off to short-term lets, say thousands of landlords

News

Thousands of landlords have vowed to switch to short-term lets when Section 21 notices are abolished, a new survey has found. Assist Inventories study of 10,000 landlords and letting agents revealed that 45% plan to move away from long-term tenancies while 41% said they might

EPCs are already changing and about time too, says homes assessment expert

EPCs are already changing and about time too, says homes assessment expert

News

The new Building Regulations and accompanying technical upgrade to the SAP assessment methodology ask for a completely different way of measuring the energy performance of many buildings, giving a market boost to those properties with higher EPC ratings. Effective from last week

Check your properties regularly warns landlord after armed police raid rental house

Check your properties regularly warns landlord after armed police raid rental house

News

A landlord too terrified to reveal her name has warned others to conduct more regular property checks after she unwittingly rented her house to a drug-dealing gang for years. The North London-based landlord has had the same tenants since 2005 but only discovered their illegal ac

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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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News
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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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News
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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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News
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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.

Landlord wins battle with council over leasehold survey costs

Landlord wins battle with council over leasehold survey costs

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News
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Nottingham Council has been told to hand back more than £2,800 to landlord Mick Roberts after a court ruled it had overcharged for lease extension surveys.

COMMENT: Spring Statement 2025 – how will it affect the property sector?

COMMENT: Spring Statement 2025 – how will it affect the property sector?

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News
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Tom Entwistle reflects on the Spring Statement which he says was not so much an emergency budget, more an update on the state of the economy with a few tweaks.

Boost in BTL data reflects activity of larger wealthier landlords

Boost in BTL data reflects activity of larger wealthier landlords

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News
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Financial experts have greeted resurgent buy-to-let market data with caution, suggesting that larger wealthier landlords are simply taking a bigger share of the sector.

Average rents in England rise for the third month in a row to £1,213 in March

Average rents in England rise for the third month in a row to £1,213 in March

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News
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The average price of a rental property in England rose for the third month in a row to £1,213 in March, it has been revealed.

Desirable London properties at historic discounts, suggests Savills

Desirable London properties at historic discounts, suggests Savills

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News
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Investors can snap up prime central London properties at historic discounts equivalent to those seen in the early 1990s, according to new research by Savills.

Half of private renters don’t have contents insurance or don’t know what it is, claims Monzo

Half of private renters don’t have contents insurance or don’t know what it is, claims Monzo

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News
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Half of private renters either don’t have contents insurance or don’t know what it is, leaving them financially vulnerable to theft, damage, or loss.

Only 2.5% of rented homes in England are affordable for those on housing benefit, Crisis reveals

Only 2.5% of rented homes in England are affordable for those on housing benefit, Crisis reveals

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News
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Only 2.5% of private rented properties listed in England were affordable for people on housing benefit between April and October last year according to Crisis, down from 12% in 2021 to 22.

Billionaire landlord ordered to repay tenants £263,555 for operating two buildings as unlicensed HMOs

Billionaire landlord ordered to repay tenants £263,555 for operating two buildings as unlicensed HMOs

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News
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A billionaire landlord has been ordered to repay tenants £263,555 for operating two East London buildings as unlicensed HMOs.

House price growth remains steady, but is expected to soften as stamp duty rates change today

House price growth remains steady, but is expected to soften as stamp duty rates change today

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News
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House price growth remained steady last month, but is expected to soften in the coming months as the stamp duty holiday comes to an end.

More than a third of landlords to offload properties, Landbay survey suggests

More than a third of landlords to offload properties, Landbay survey suggests

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News
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More than a third of landlords plan to offload some of their rental properties in the next 12 months, according to a new survey.

Scottish lawmakers urged not to repeat the mistake of restricting rents

Scottish lawmakers urged not to repeat the mistake of restricting rents

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News
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Letting agents have urged Scottish lawmakers not to repeat the mistake of restricting rents that has ultimately increased costs for tenants.

Almost £13M a week raised in property tax for Scottish Government

Almost £13M a week raised in property tax for Scottish Government

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News
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Almost £13million a week was raised in property taxes for the Scottish Government, new analysis has revealed.

Student rents could surge due to Renters’ Rights Bill, landlords warn

Student rents could surge due to Renters’ Rights Bill, landlords warn

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News
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Student rents could surge following the introduction of the Renters’ Rights Bill, say landlords, who have warned that it also discriminates against foreign students.

Landlords could face CGT hike if economy dips, IFS warns

Landlords could face CGT hike if economy dips, IFS warns

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News
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Landlords could face a hike in Capital Gains Tax (CGT) if the economy dips before the Autumn Budget, the Institute of Fiscal Studies (IFS) has warned.

The Making Tax Digital net is closing on landlords

The Making Tax Digital net is closing on landlords

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News
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Plans to Revolutionise the UK's Tax System will take a step forward from April 2028 when MTD will be expanded to include those earning more than £20,000 per year

With the RRB on the horizon, is it better to manage your rental yourself or hire an agent?

With the RRB on the horizon, is it better to manage your rental yourself or hire an agent?

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A letting agent ensures compliance with the Renters' Rights Bill and simplifies property management.

Choice of BTL mortgage deals hits record high

Choice of BTL mortgage deals hits record high

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News
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Landlords searching for a new deal will find the choice of buy-to-let mortgages has hit a record high, with 3,860 products available.

Spring Statement did “nothing” to tackle the rental crisis, says NRLA

Spring Statement did “nothing” to tackle the rental crisis, says NRLA

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News
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The National Residential Landlords Association (NRLA) has labelled the Spring Statement a missed opportunity to improve the chronic supply crisis in the private rented sector.

Landlords see profits soar from downsizing “loophole”

Landlords see profits soar from downsizing “loophole”

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Landlords are profiting by selling before the Renters' Rights Bill, then reinvesting in post-Bill bargains.

Landlords are being brought "into line” - but more needs to be done to tackle PRS pressures, suggests Labour MP

Landlords are being brought "into line” - but more needs to be done to tackle PRS pressures, suggests Labour MP

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News
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The Government has started to “bring landlords into line”, but more needs to be done to tackle the pressures in the private rented sector, a Labour MP has suggested.

One in five tenants borrow money for their deposit

One in five tenants borrow money for their deposit

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News
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One in five renters has borrowed money that needs to be paid back for their five-week cash deposit, putting them in a precarious financial position before moving in.

Landlords struggling with “needlessly complex” HMO licence renewal applications are selling up

Landlords struggling with “needlessly complex” HMO licence renewal applications are selling up

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News
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Landlords struggling with “needlessly complex” HMO licence renewal applications are fed up and selling up, according to Portsmouth & District Landlords Association (PDPLA).

Search for Landlord of the Year begins

Search for Landlord of the Year begins

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News
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The search is on for Landlord of the Year as part of this year’s LIS (Landlord Investment Show) Awards.

Landlords must use new digital tax software, the Chancellor confirms

Landlords must use new digital tax software, the Chancellor confirms

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Landlords will have to use the new Making Tax Digital for Income Tax Self-Assessment system, the Chancellor has confirmed.

Spring Statement proves a missed opportunity for landlords and stamp duty

Spring Statement proves a missed opportunity for landlords and stamp duty

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News
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The Spring Statement proved a missed opportunity for landlords and stamp duty, it has been suggested.

Tenants warned to know their rights after Chancellor announces more new homes

Tenants warned to know their rights after Chancellor announces more new homes

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News
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Tenants have been warned to know their rights following Chancellor Rachel Reeves’ announcement of a £2billion investment in 18,000 new social and affordable homes.