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Labour WILL drop £11,000 CGT bombshell on landlords reckons wealth firm

Labour WILL drop £11,000 CGT bombshell on landlords reckons wealth firm

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If as many expect Capital Gains Tax (CGT) rates are aligned to people’s personal income tax then landlords selling properties would be on average £11,00 worse off, it has been claimed.

Labour promises 'not to introduce rent controls in England'

Labour promises 'not to introduce rent controls in England'

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Housing minister Matthew Pennycook has confirmed that Labour has no plans to introduce rent controls in England.

CGT revenues from rental home sales rise by £100m

CGT revenues from rental home sales rise by £100m

News

A further sign that landlords are selling up comes from new HMRC figures that reveal an increase in Capital Gains Tax (CGT) revenues for the Government from the sale of residential properties.

Big agency boss pins rising rents and low supply on Tories

Big agency boss pins rising rents and low supply on Tories

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A leading lettings agency boss has pinned rising rents and fewer properties to rent squarely on the previous Conservative Government, says its policies have ‘driven away’ landlords.

BREAKING: Bank of England cuts base interest rate by 0.25%

BREAKING: Bank of England cuts base interest rate by 0.25%

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Landlords with buy-to-let mortgages who are about to come out of short-term fixed-rate deals will be relieved today after the Bank of England cut its base lending rate to 5%.

Britain needs more homes, not landlords says campaigning group

Britain needs more homes, not landlords says campaigning group

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Encouraging landlords to rent out more homes will not solve the housing crisis, it has been claimed.

Essex landlord banned for three years after HMO court case

Essex landlord banned for three years after HMO court case

News

A rogue landlord who was also a letting agent in Essex has been banned from being a landlord in England for three years.

East Midlands city reveals clampdown on smaller HMOs

East Midlands city reveals clampdown on smaller HMOs

News

A big council in the East Midlands has revealed plans to extend and widen its additional licencing scheme for HMOs.

Angela Rayner reveals big changes for Right to Buy

Angela Rayner reveals big changes for Right to Buy

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Labour has moved to make good on its manifesto promise to reform and improve the Right to Buy scheme which, under the Tories, saw the number of publicly-funded affordable rented homes in England shrink dramatically.

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BREAKING: 'Rent Smart Wales' style scheme revealed for Welsh holiday lets

BREAKING: 'Rent Smart Wales' style scheme revealed for Welsh holiday lets

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The Welsh Government wants to know what landlords who operate holiday accommodation in the country think of its proposed regulation of the sector. Following a https://www.landlordzone.co.uk/news/breaking-labour-and-plaid-cymru-to-jointly-force-through-rent-controls-in-w

WARNING: Spray foam can lead to refused mortgage applications

WARNING: Spray foam can lead to refused mortgage applications

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In September the Government announced a �2bn plan to offer home insulation grants of up to �5,000 per household in England. This is to be known as the https://www.gov.uk/guidance/apply-for-the-green-homes-grant-scheme" target="_blank" Green Homes Grant and has replaced

Desperate landlord writes to Gove as bankruptcy looms over cladding rules

Desperate landlord writes to Gove as bankruptcy looms over cladding rules

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A landlord whos facing bankruptcy has written to Housing Secretary Michael Gove voicing his frustration that he is not eligible for any cladding funding despite only earning �63 a week from his properties. The landlord, who has BTL interest-only mortgages, has two freehold s

Scots rent and evictions freeze prompts 'staggering' landlord exit response

Scots rent and evictions freeze prompts 'staggering' landlord exit response

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A staggering 85% of letting agents in Scotland report that landlords want to sell up following the governments move to ban evictions and rent increases until next April. Propertymark members in Scotland say that even more worryingly, 68% of agents had already seen an increase

NEW: Report says 87% of landlords will face full cost of EPC upgrades

NEW: Report says 87% of landlords will face full cost of EPC upgrades

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Just 0.2% of private landlords would qualify for full state support to help upgrade their properties under a proposed scheme to get the UKs walls insulated, while 87% would be liable for the full costs. The Economy 2030 Inquiry says simply basing hand-outs on means-tested ben

LATEST: Government appears to confirm 'biggest change to tenancy law in a generation'

LATEST: Government appears to confirm 'biggest change to tenancy law in a generation'

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The Government appears to have confirmed that it will get rid of both Assured Periodic Tenancies and fixed-term tenancies in favour of a single, universal periodic tenancy. This was originally flagged up in its https://www.landlordzone.co.uk/news/latest-renting-re

BLOG: This is what many more landlords will be competing with in cities soon

BLOG: This is what many more landlords will be competing with in cities soon

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A couple of weeks ago I was invited by the owners of a build-to-rent development in Wembley to see at first-hand what this emerging kind of rental property looks like in this case a 440-unit just off the A406 called WemLondon . <figure id="" class="w-richtext-fi

Council's slow admin means landlord licences to take 150 years to process!

Council's slow admin means landlord licences to take 150 years to process!

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Liverpool Council would take almost 150 years to process all its selective licensing applications at the current rate, according to shocking new data, raising questions about its potential to address poor quality housing. Housing bosses told the https://liverpool.gov.uk

Holiday lets to face national registration scheme soon, Bill amendment shows

Holiday lets to face national registration scheme soon, Bill amendment shows

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Short-term holiday properties will soon face a compulsory national registration scheme after and amendment has been to the Levelling Up and Regeneration Bill going through parliament. Such a move has been in the offing for several months and follows an initial https://w

Concerns raised about whether new planning reforms go far enough to address housing shortage

Concerns raised about whether new planning reforms go far enough to address housing shortage

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Concerns about whether new planning reforms go far enough to address the country’s housing shortage have been raised by estate agents.

Guarantors - Labour pressured to remove a fundamental right for landlords

Guarantors - Labour pressured to remove a fundamental right for landlords

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Homelessness charities are requesting amendments to the Renters’ Rights Bill that would severely limit landlords’ right to use guarantor agreements

Inflation dips to 2.8%, boosting hopes of interest rate cuts

Inflation dips to 2.8%, boosting hopes of interest rate cuts

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Inflation has dipped, boosting mortgage borrowers’ hopes of more interest rate cuts.

Average asking rents have risen to £557 a week, new Foxton figures have revealed.

Average asking rents have risen to £557 a week, new Foxton figures have revealed.

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Average asking rents have risen to £557 a week, new Foxton figures have revealed.

Flat sales stall amid lack of meaningful progress on unsafe cladding repairs, estate agents warn

Flat sales stall amid lack of meaningful progress on unsafe cladding repairs, estate agents warn

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Many flat sales are stalling due to a lack of meaningful progress on unsafe cladding repairs, estate agents have warned.

Landlords invited to a “five-star training day” to help boost their property business

Landlords invited to a “five-star training day” to help boost their property business

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Landlords are being invited to a “five-star training day” to help them navigate the biggest changes in the rental market for 30 years.

Single-Family Housing market attracts attention amid surge in demand

Single-Family Housing market attracts attention amid surge in demand

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Investors are targeting the Single-Family Housing (SFH) market as the booming sector aims to help fill the PRS shortfall.

Landlord fails in bid to increase tenant’s rent, tribunal rules

Landlord fails in bid to increase tenant’s rent, tribunal rules

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A landlord company has failed in its bid to increase a tenant’s rent by 25% after a First Tier Property Tribunal heard that poor standards would lower the market rent.

NRLA on the road: New events programme to bring the association to you

NRLA on the road: New events programme to bring the association to you

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The NRLA is hosting free "On Tour" events across England and Wales, offering expert advice on upcoming legislation. The first live Listen Up Landlords podcast will also be recorded to mark the NRLA's fifth anniversary. Details for the annual conference will be announced soon.

Landlords turn to HMOs as higher mortgage costs steer them towards larger properties for better returns

Landlords turn to HMOs as higher mortgage costs steer them towards larger properties for better returns

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More landlords are investing in HMOs as higher mortgage costs prompt them to turn to larger properties with better returns.

Landlords' legal action halts licensing scheme

Landlords' legal action halts licensing scheme

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A group of disgruntled landlords in Scunthorpe has succeeded in halting its new selective licensing scheme.

New “crackdown on bad landlords” launched by London council

New “crackdown on bad landlords” launched by London council

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A new “crackdown on bad landlords” has been introduced by a London council.

Tenants are paying £2,195 more on their annual housing costs, says Savills

Tenants are paying £2,195 more on their annual housing costs, says Savills

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Private tenants are paying £2,195 more on their annual housing costs than in 2022, according to Savills’ latest research.

The Renters' Rights Bill moves a step closer to Royal Ascent

The Renters' Rights Bill moves a step closer to Royal Ascent

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The controversial Renters' Rights Bill has moved a step closer to Royal Ascent

Tenancies will “change overnight’ once Renters’ Rights Bill comes in

Tenancies will “change overnight’ once Renters’ Rights Bill comes in

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Tenancies will “change overnight’ once the Renters’ Rights Bill comes into force, Sean Hooker, of the Property Redress Scheme, has warned.

Portfolio landlord takes on £3.67M loan to consolidate 22 properties in London and Birmingham

Portfolio landlord takes on £3.67M loan to consolidate 22 properties in London and Birmingham

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A portfolio landlord has taken on a huge loan to consolidate 22 properties across London and Birmingham.

Don’t fall foul of the discrimination laws 

Don’t fall foul of the discrimination laws 

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There are more discrimination laws on the way under the Renters’ Rights Bill

Landlord Action celebrates 25 years of helping private landlords recover their properties

Landlord Action celebrates 25 years of helping private landlords recover their properties

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Landlord Action is celebrating 25 years of successfully helping private landlords recover their properties.

Tax expert explains how to avoid being landed with a big BTL tax bill

Tax expert explains how to avoid being landed with a big BTL tax bill

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A tax expert has urged BTL investors to use or lose their annual capital gains tax (CGT) exemption to avoid being landed with a big tax bill.

Bank of England keeps interest rates at 4.5% amid inflation concerns

Bank of England keeps interest rates at 4.5% amid inflation concerns

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The Bank of England kept interest rates at 4.5% today amid fears that inflation is still a threat.

Newly qualified nurses struggle to afford to rent privately, Shelter claims

Newly qualified nurses struggle to afford to rent privately, Shelter claims

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Newly qualified nurses can’t afford to rent privately in almost half - 45% - of local authorities in England, according to new analysis from Shelter.

Landlords must not drag their heals over EPC ratings, warns bank director

Landlords must not drag their heals over EPC ratings, warns bank director

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Landlords must not to drag their heels when it comes to improving properties’ energy efficiency rating - or face potential issues with finding tradespeople and working with letting agents, a financial expert has warned.

More tenants are using alternative deposit schemes, new data reveals

More tenants are using alternative deposit schemes, new data reveals

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A growing number of tenants in the build-to-rent (BTR) sector are using deposit alternative products as many opt to invest a lump sum instead of locking it away in a traditional cash scheme.

Tenants who are on benefits must get the Government support they need, says Propertymark

Tenants who are on benefits must get the Government support they need, says Propertymark

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Benefit claimants must get the Government help they need once its welfare reforms take effect, an industry body has warned.

Fewer luxury homes to rent in London feeds into higher rents

Fewer luxury homes to rent in London feeds into higher rents

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A reduced supply of luxury rental homes in London is feeding into higher rents, which are now a third higher than before the pandemic, new research has revealed.