In an apparent re-run of Harold Wilsons 1970s investment income tax surcharge, Labour plan to re-introduce such an additional layer of tax to what is termed unearned income�. The Wilson Labour government applied an investment income surcharge of 15% and kept the top rate
According to a recent report by estate agents Hamptons, over the last four years the number of landlords operating their buy to let business through a limited company has doubled. There were 47,400 new buy-to-let companies incorporated in 2021 right across the UK, the figures be
Landlords and letting agents will soon be able to carry out quicker https://www.landlordzone.co.uk/news/updated-advice-for-landlords-on-right-to-rent-checks-due-in-new-year/" right to rent checks on British and Irish citizens. From 6th April, Identification Do
An energy expert has sought to reassure landlords that they may not need to spend huge sums retrofitting their properties to raise EPC ratings at least not in the short term. <figure id="" class="w-richtext-figure-type- " data-rt-type="" data-rt-align=""><div><img src="https://upload
Just as residential landlords are contemplating the costs of bringing older properties up to the proposed new standard - very likely EPC band C� required by December 2025 - so too are commercial landlords.<br> See: https://www.landlordzone.co.uk/news/compulsory-epc
Compulsory EPC band C by 2025 causing confusion There have been recent confusing reports put out that from 2025, all newly rented properties in England & Wales will be required to have an EPC rating of band C or above. This is somewhat misleading and jum
LandlordZONE sits down with one of Londons most prolific but little-known landlords who has spent 30 years amassing a huge portfolio in the East End and West End areas of the capital. For reasons of privacy, and a desire to remain behind the scenes, he doesnt want to
So, we ended 2021 after twenty-one months since the first Covid lockdown with the new variant, Omicron, spreading fast, and with Wales, Scotland and Northern Ireland putting in stricter measures and speculation that England may follow with an announcement early in the New Year.
An example of the difficulty of prediction is the conclusion to a detailed study recently published on the private rented sector by the London School of Economics (a study commissioned by the NRLA) Individually and cumulatively, the recent tax changes
Landlords in County Durham have had to fork out fines totalling £1.38 million in the three years since selective licensing was introduced.
Peers have tabled amendments to the Renters’ Rights Bill which, if approved, would shape the legislation into a version of the previous Renters’ Reform Bill.
Chancellor Rachel Reeves has been warned that unless more rental properties are built her recent promise to ‘attract the best talent to the UK’ and boost economic growth will fall flat.
Private HMO landlords leaving the sector have created a shortage of student housing, according to Unite Students, which boasts that it can help fill the gap with purpose-built student accommodation.
The government has repeated its rejection of “heavy handed” rent controls despite pressure from peers in the House of Lords.
Preston Council has proposed new powers to reject HMO applications amid fears that the city is already being over-run by shared homes.
Landlords in Scotland who are members of the country’s landlord association are to get discounted carpets when refitting their rented properties,
Landlords and letting agents have slammed the extra BTL tax rise in the Scottish budget which they believe could backfire on the government.
Moving landlord and tenant disputes from overburdened county courts to tribunals would help clear the backlog and make evictions faster, according to a senior housing lawyer.
English councils collectively went on a near £7bn commercial property buying spree, a reel into cinemas proved to be a disaster...
A rogue landlord who left a family of eight living in damp and dangerous conditions has been told to pay more than £3,000 by magistrates.
MPs are pushing the government to introduce a licensing scheme for short-term lets in England.
More than one in 10 homes for sale on Zoopla in July were formerly rented, prompting fears that a challenging autumn budget could further increase sales.
An ongoing shortage of rental properties is expected to keep pushing rents higher as more landlords look to scale back their portfolios.
A rogue landlord has been handed a suspended jail sentence after she failed to maintain gas appliances at her rental property.
The government has vowed to take action on rogue landlords who exploit vulnerable residents in exempt accommodation.
A mass sell-off is currently underway in the landlord sector, and it only looks set to increase. EPC requirements, The Renters Reform Bill, mounting financial pressures, the list of reasons goes on.
A third of renters (33%) don’t plan to ever own their own home, up from a fifth (20%) in 2022.
A “tsunami of landlords” will put in Section 21 notices before the ban is implemented, predicts Landlord Action’s Paul Shamplina.
Landlords are bracing themselves for the impact of a ban on Section 21 after the government published its Renters’ Rights Bill.
The first base rate cut since 2020 has boosted rental stock levels across major British cities, according to new research.
Landlords are being asked to share their experiences of conveyancing to help strengthen the case for digital property packs.
The government is considering a further crackdown on short-term lets in a bid to free up more homes for local people.
Landlords and letting agents aren’t carrying out inventory inspections on nearly a third of tenancies, leaving themselves open to disputes.
Landlords have been warned that cutting maintenance budgets could jeopardise their ability to rent out properties and puts renters at risk.
A landlord has successfully overturned a rent repayment order after he argued he wasn’t responsible for an unlicensed HMO.
It’s that time of year again. The first signs of the UK’s autumn cold arrives as we see more cooling rain and wind, and a noticeable drop in temperature
A Hastings landlord is counting the cost after failing to provide their local authority with an essential safety certificate – a timely reminder to make sure you’re up-to-date with all your safety certificates.
The Renters’ Reform Coalition has called for more radical renter reforms including longer eviction notice periods, longer protected periods free from eviction when a tenancy starts and limits on rent increases during a tenancy.
A Capital Gains Tax rate change could be the final nail in the PRS coffin as investors ditch bricks and mortar, according to one big financial analyst.
A portfolio landlord group has urged the government to voice support for the sector and work with it on finding a solution to the country’s housing crisis.
Hoarding is an issue for an estimated six per cent of the population so at some point, many landlords will house a tenant that is affected.
Waltham Forest has been slammed for failing to adequately publicise details of its new additional licensing scheme.
Landlord groups are hoping Scotland’s First Minister has softened his hard-line stance on impending rent controls amid promises to boost the PRS.
