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Spring Statement proves a missed opportunity for landlords and stamp duty

Spring Statement proves a missed opportunity for landlords and stamp duty

News

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

News

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.

Landlords in Scotland are warned to weigh up raising rents with risking void periods

Landlords in Scotland are warned to weigh up raising rents with risking void periods

News

Landlords in Scotland have been warned to weigh up raising rents with risking void periods.

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

News

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

News

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

News

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.

News

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

News

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

News

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

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Government releases 'How to Rent'� guide

Government releases 'How to Rent'� guide

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News
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From the 1st of October 2015 it became a statutory requirement that landlords issue all new tenants after that date with the latest edition of a Government publication The How to Rent Guide�, along with a current Energy Performance Certificate (EPC) and a current Gas Safety

Doing Right to Rent - Immigration Checks

Doing Right to Rent - Immigration Checks

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From 1st February 2016 all new tenants in England must be given Right-to-Rent (Immigration) Checks to determine their "right-to-rent" or "right-to-reside" in the country, BEFORE they can be given a tenancy. Landlords or letting agents must do the checks - letting agents where the

Tax Deductible Letting Expenses

Tax Deductible Letting Expenses

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This is a Guide to Tax Deductible Letting Expenses for Landlords under the new tax rules following the Summer Budget 2015. These may be subject to change and you are advised to consult a tax specialist before making any decisions.From April 2016 landlords will no longer be able to automatically d

Landlord uses hidden cameras to spy on tenants

Landlord uses hidden cameras to spy on tenants

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News
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An Edinburgh landlord set-up hidden cameras in the bedroom and bathroom of his flat, to film people in bed and in the shower.The cameras were discovered by a young couple, friends of the landlord who allowed them to use the accommodation. The couple found a box on the living room table with a cam

Comparable Evidence

Comparable Evidence

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Amongst the ways to agree or ascertain the (open) market rent at rent review or on renewal of a lease, (per s.34-s35 Landlord and Tenant Act 1954), is the use of comparable evidence.At rent review, the market rent for the premises is not what rent the actual tenant would agree or could afford, bu

What is a Section 20 Notice ?

What is a Section 20 Notice ?

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There are two instances of section 20 notices in property in England:(1) is the notice served in relation to early shorthold tenancies under the Housing Act 1988, and the other,(2) refers to section 20 of the Landlord and Tenant Act 1985, as amended by the Commonhold and Leasehold Reform Act (CLR

Who Pays for Maintenance and Repairs

Who Pays for Maintenance and Repairs

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Who pays for maintenance and repairs in a residential letting, landlord or tenant?Is it, for example, a tenants responsibility once they occupy my building to look after most of the regular house maintenance items? If the fridge stops working does the tenant or the landlord need to repair it?Y

Inflation (RPI) and Rent

Inflation (RPI) and Rent

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With commercial property, rent reviews are generally to the open market rent, but sometimes the rent would be adjusted to the Retail Price Index (RPI). RPI is generally considered more favourable to landlords than CPI or other methodologies.There is no link between open market rent and inflatio

Commercial Property Insurance - part 1

Commercial Property Insurance - part 1

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Amongst the thorny issues in the relationship between landlord and tenant is the building insurance premium. Unlike residential property where the landlord has a vested interest in making sure the premium is competitive, because more than likely the premium would not be recoverable from the tenan

Big law firm reports landlords 'rushing to liquidate assets'

Big law firm reports landlords 'rushing to liquidate assets'

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News
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Landlords and businesses are rushing to transfer and liquidate assets ahead of a potential Capital Gains Tax hike in next week’s budget.

'This is why I've sold nearly half my portfolio', landlord tells BBC show

'This is why I've sold nearly half my portfolio', landlord tells BBC show

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News
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A landlord who used to have a property portfolio of 100 homes has told the BBC that multiple pressures on the sector including looming regulations, higher interest rates and costs have persuaded him to cut his portfolio down to 65 units.

Student landlord group warns Labour over banning fixed-term tenancies

Student landlord group warns Labour over banning fixed-term tenancies

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News
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A group of student accommodation landlords have warned the Government that its plans to dispense with fixed-term tenancies and move to open ended ones will lead to fewer providers and homes within this market.

North East delivers 'strongest yields' for landlords in UK

North East delivers 'strongest yields' for landlords in UK

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News
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Landlords in the North East are pocketing the highest rental yields in the UK, according to Paragon Bank’s latest lending data.

23% more landlords rush to adopt limited company operations

23% more landlords rush to adopt limited company operations

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Hamptons reports that 46,449 companies have been set up to hold buy-to-let property in Great Britain between January and September, a 23% increase on the same period last year.

What expenses can I claim for my rental property?

What expenses can I claim for my rental property?

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To maximise your profits as a landlord, it's crucial to minimise your tax liability by claiming all allowable expenses.

Leading figures call for Government to embrace private landlords

Leading figures call for Government to embrace private landlords

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A group of high-profile housing leaders, lawyers and economists have urged the Government to include private landlords within its plans to solve the housing crisis, instead of casting them as the villains of the piece.

The great British shopping revival, could the exodus be reversing?

The great British shopping revival, could the exodus be reversing?

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News
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The British High Street has been in decline for some years now, but could it be that there are signs of a revival?

Landlord reveals nightmare of illegal holiday let tenants

Landlord reveals nightmare of illegal holiday let tenants

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News
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A landlord fears neighbours may force him out for breaking lease conditions due to rogue renters illegally sub-letting his flat.

EXCLUSIVE: Welsh Government says landlords 'will get retrofit cash'

EXCLUSIVE: Welsh Government says landlords 'will get retrofit cash'

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News
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Private landlords have been excluded from a new government Welsh government initiative that funds retrofit advice in residential properties and hands out interest-free loans for energy efficiency improvements.

Council sends out inspectors on foot to check selective licencing

Council sends out inspectors on foot to check selective licencing

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Inspectors employed by a big London borough have started knocking on doors around Wembley to check whether landlords have a selective licence.

Landlord fined £50,000 over 'house of horrors' rental

Landlord fined £50,000 over 'house of horrors' rental

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A landlord in Wembley, North London has been fined £49,500 after a court heard that he rented out a five-bedroom two-storey unlicenced house in very poor condition to eight people including two children.

Chancellor to leave BTL landlords alone in budget, claims report

Chancellor to leave BTL landlords alone in budget, claims report

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The Chancellor is expected to leave the rate of capital gains tax (CGT) on the sale of second homes and buy-to-let properties untouched amid concerns that increasing it would cost money.

Tribunal system woefully unprepared for Labour's rent rise appeal plans

Tribunal system woefully unprepared for Labour's rent rise appeal plans

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England’s overburdened tribunal system is ill-equipped to handle the potential influx of new claims from the Renters’ Rights Bill, according to proptech firm Reapit.

London borough to go ahead with more HMO licencing

London borough to go ahead with more HMO licencing

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News
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Barking and Dagenham is to go ahead with an HMO licensing extension in January and has asked the government to approve a new selective scheme.

Give landlords more money to upgrade properties, urges Nationwide

Give landlords more money to upgrade properties, urges Nationwide

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News
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One of the UK’s largest BTL mortgage lenders has urged the Government to give landlords more financial support to reach the recently-announced 2030 deadline for all rental properties to reach a minimum EPC band C.

Landlord-bashing council slammed over its own property failings

Landlord-bashing council slammed over its own property failings

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Newham Council has apologised to council tenants after the Regulator of Social Housing found serious failings in safety standards at its properties.

Housing must be a (unique reference) numbers game, Rayner told

Housing must be a (unique reference) numbers game, Rayner told

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A coalition of leading property groups has called on the government to put the Unique Property Reference Number (UPRN) at the heart of the UK residential market.

Pet-friendly homes, not rent rises are tenants biggest concern

Pet-friendly homes, not rent rises are tenants biggest concern

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News
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Many politicians and campaigners have, in support of the Government’s looing renting reforms, claimed that tenants feel insecure when living in their homes and are worried about the high rents.

Rightmove urges Chancellor not to punish landlords AGAIN

Rightmove urges Chancellor not to punish landlords AGAIN

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Rightmove has called on the Government to support landlords, not load them with more tax, ahead of the Chancellor’s budget on 30th October.

LATEST: New guide to official retrofitting support for landlords

LATEST: New guide to official retrofitting support for landlords

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After feedback from landlords, energy firm Utilita has published a free guide on the LandlordZONE Forum on retrofitting scheme eligilility.

Angela Rayner approves compulsory purchase of landlord's house

Angela Rayner approves compulsory purchase of landlord's house

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News
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Haringey Council has made a Compulsory Purchase Order (CPO) for a derelict house, demonstrating the lengths to which authorities are going to repossess landlord properties.

UPDATED - Commercial landlords face heavy fines

UPDATED - Commercial landlords face heavy fines

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The UK government has committed to its targets to reach net zero emissions by 2050. As part of this initiative the Government is looking to reduce emissions across a wide range of sectors, including commercial and residential property.

'Widespread fear' among landlords over EPC upgrade costs

'Widespread fear' among landlords over EPC upgrade costs

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One quarter of private landlords plan to sell their properties needing energy upgrades due to the government’s ambition for the sector to reach EPC targets by 2030.

UK's biggest trade union backs MORE renting reforms

UK's biggest trade union backs MORE renting reforms

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The UK’s largest union wants Labour to go further with its plans to reform the PRS and has labelled the Renters’ Rights Bill as only the ‘first step’.