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Quitting landlords could fuel further drop in house prices

Quitting landlords could fuel further drop in house prices

News

Buy-to-let landlords will influence https://www.landlordzone.co.uk/sponsored/what-do-the-falling-house-prices-mean-for-landlords/" house prices if a large number choose to sell up, according to rating agency Moodys. The firm is predicting that prices will f

Holiday home owners top the rental income chart

Holiday home owners top the rental income chart

News

The average annual https://www.landlordzone.co.uk/news/battle-over-holiday-lets-hots-up-as-campaigning-mp-holds-meeting/" holiday let income exceeded buy-to-let income for the first time in 2020-21, reaching �15,600 compared with �13,400, according to HMRC.

Edinburgh Council forced to go back to drawing board over licensing

Edinburgh Council forced to go back to drawing board over licensing

News

Short-term let landlords in https://www.landlordzone.co.uk/news/edinburgh-chief-admits-burdensome-licencing-plan-will-hugely-reduce-holiday-lets/" Edinburgh have won their legal case against the councils licensing scheme. In the biggest crowdfunded case in

Surveyors report surge in landlords selling up across UK

Surveyors report surge in landlords selling up across UK

News

Almost two-thirds of surveyors have witnessed rising numbers of buy-to-let landlords looking to sell their properties. The https://www.rics.org/" Royal Institute of Chartered Surveyors (RICS) reports that a similar number have seen a drop in the level of inter

Parliamentary petition launches to save Assured Shorthold Tenancies

Parliamentary petition launches to save Assured Shorthold Tenancies

News

A new Parliamentary petition has been set up urging the government to ditch plans to remove assured shorthold tenancies. The LandlordZONE reader, who has a portfolio of properties in Yorkshire and Lancashire, was prompted to take action as he fears it could be the final nail in

PROBE: Will new pets rules in reform bill apply to existing or only new tenancies?

PROBE: Will new pets rules in reform bill apply to existing or only new tenancies?

News

Confusion surrounds the governments plans to introduce https://www.landlordzone.co.uk/news/blog-will-the-looming-pets-in-lets-rules-prove-pervasive/" pets in lets measures, with conflicting messages coming from the DLUHC. It has confirmed that the new

TOM'S GUIDES: Increasing the rent ' how do I go about it?

TOM'S GUIDES: Increasing the rent ' how do I go about it?

Information

With increasing costs, inflation hovering around the 10 per cent mark and mortgage rates approaching 6 per cent theres lots of talk about increasing rents. Many landlords are unable to absorb these extra costs without going into losses, so for them theres little choice, th

Landlords with 20 properties or more are choosing to sell with these portfolio exit specialists

Landlords with 20 properties or more are choosing to sell with these portfolio exit specialists

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This year our economy, regulations and taxes were the final straw that led landlords rushing to sell off their portfolios to beat the market drops, mortgage versus rent gaps a

What do the falling house prices mean for landlords?

What do the falling house prices mean for landlords?

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May has brought more bad news for some landlords with the Nationwide Building Society reporting a 3.4% drop in house prices in the year to May 23 and interest rates that are expected to rise to 5.5.% later this year.

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Rents have risen 35% since 2020 reveals latest lettings index

Rents have risen 35% since 2020 reveals latest lettings index

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Rental prices could increase by almost 20% over the next 12 months, putting the country in a cost of renting crisis, warns one lettings boss.

Ousted Scots minister tells SNP to honour rent controls plan

Ousted Scots minister tells SNP to honour rent controls plan

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News
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Ousted tenants right minister Patrick Harvie has urged the SNP’s new leader John Swinney to honour the government’s Bute House pledge to deliver rent controls and stronger tenant rights.

Renting reforms 'to outlaw rent in advance' claims expert

Renting reforms 'to outlaw rent in advance' claims expert

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News
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Landlords could find themselves in a legal tangle when asking for rent in advance if the Renters Reform Bill goes forward as drafted.

Government reforms undermining landlord confidence, says big firm

Government reforms undermining landlord confidence, says big firm

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A leading letting agency in London has claimed that the Government’s Renters (Reform) Bill going through parliament, along with promises by Labour to go even further than the Tories if they gain power, are eroding landlord confidence in the private rented sector.

Letting agency to appeal banning order that will close it down

Letting agency to appeal banning order that will close it down

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A letting agency in Liverpool has vowed to appeal a banning order successfully sought by the city’s council after the firm was found to have been operating unlicenced HMOs.

Think about how an Energy Efficient Home Design will improve your tenant’s lives

Think about how an Energy Efficient Home Design will improve your tenant’s lives

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Improving your rental properties will make your property more efficient, easier to let and get your tenants to stay longer

Capital Economics predicts US commercial real estate won't recover until 2040‍

Capital Economics predicts US commercial real estate won't recover until 2040‍

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News
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High interest rates, higher operating costs and a shift to remote working have conspired against office space in particular

UK Commercial property market is still feeling the effects of Covid‍

UK Commercial property market is still feeling the effects of Covid‍

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News
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COVID impact still being felt on UK high streets four years on from the first lockdowns: commercial real estate lending is down but agents see signs of optimism.

DWP to snoop on benefit landlords' bank accounts

DWP to snoop on benefit landlords' bank accounts

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News
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Landlords’ bank accounts could be monitored as part of new legislation that aims to reduce overpayments to people claiming benefits and fraudulent claims.

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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News
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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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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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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.

Shelter boss and architect of Section 21 ban to stand down

Shelter boss and architect of Section 21 ban to stand down

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News
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Shelter chief executive Polly Neate is to leave the homelessness charity next March after more than seven years.

Could this £15 box help reduce damp and mould in rented homes?

Could this £15 box help reduce damp and mould in rented homes?

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News
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A trade association’s new tech solution aims to help landlords identify and resolve the root causes of damp and mould in rented properties.

Should I think about passing on wealth before the budget?

Should I think about passing on wealth before the budget?

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News
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Will you be passing on your hard-earned wealth to the next generation before the budget, you don't have long

Cut NOT increase red tape for landlords, say mortgage lenders

Cut NOT increase red tape for landlords, say mortgage lenders

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News
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Reducing red tape for landlords would boost the supply of private rental properties, curb rent increases and create better quality housing for tenants, according to lenders’ trade body UK Finance.

Labour's EPC upgrade plans will cost landlords £21.4 billion

Labour's EPC upgrade plans will cost landlords £21.4 billion

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News
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Private landlords face a £21.4 billion bill to bring their properties up to the proposed EPC C rating by 2030.

Rent repayment order fines to double under Labour

Rent repayment order fines to double under Labour

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Rogue landlords face being forced to pay back up to 24 months’ rent as part of a shake-up of Rent Repayment Orders under the new Renters’ Rights Bill.

CLAIM: 'Future of portfolio landlording is HMOs and multi-unit blocks'

CLAIM: 'Future of portfolio landlording is HMOs and multi-unit blocks'

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News
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Aspiring portfolio landlords are increasingly targeting higher yielding multi-unit blocks (MUB) and HMOs rather than traditional flats and semis.

Welsh clampdown on holiday lets and second homes 'not working'

Welsh clampdown on holiday lets and second homes 'not working'

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News
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The Welsh government's attempts to persaude second home owners to sell up isn't working and instead is damaging local tourism economies, a leading tourism figure has claimed.

"I'm selling one of my main rental properties - here's why"

"I'm selling one of my main rental properties - here's why"

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An experienced landlord who has rented a house in London for many years says she is selling the property after the recent and looming changes to the sector have made it ‘too risky’.