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Council green lights more HMO licencing despite proof on higher rents

Council green lights more HMO licencing despite proof on higher rents

News

Nottingham councillors have voted through a contentious additional HMO licensing scheme. The current scheme, covering central areas of the city, will soon come to an end and the council plans to introduce a new citywide scheme in January 2024. It says this would pre

Boiler Upgrade Scheme has been a flop, Lords climate committee warns

Boiler Upgrade Scheme has been a flop, Lords climate committee warns

News

Peers have slammed the governments Boiler Upgrade Scheme for attracting a disappointingly low� take-up of grants. Launched in https://www.landlordzone.co.uk/news/latest-official-boiler-upgrade-scheme-launches-today-but-is-it-enough/" target="_blank" <stron

SCAM alert: Landlord and agent pics being used to lure rental ripoff victims

SCAM alert: Landlord and agent pics being used to lure rental ripoff victims

News

A BBC investigation has uncovered a new property rental scam that uses Facebook Marketplace and then fake accommodation booking sites to lure in unsuspecting tenants. Called an advance rent payment scam, a technique that has been around for many years, this version of it is more

Opinion: Should 'Awaab's law' be applied to private rented sector?

Opinion: Should 'Awaab's law' be applied to private rented sector?

Opinion

The Government has now committed to delivering Awaabs Law in a new amendment to the Social Housing Regulation Bill. But does the Government intend to place the same onus on private landlords, and is this law totally fair? I cant help feeling perplexed as

LATEST: Bradford leads the way as rental yields rise across the UK

LATEST: Bradford leads the way as rental yields rise across the UK

News

Landlords in Bradford and Leeds are enjoying the UKs best rental yields, with those in Exeter seeing the largest annual growth last year. Yields have increased by as much as 2.5% in the past 12 months, according to Sirius Property Finance, which reports that as rent values ou

Expert slams licencing schemes for red tape that 'punishes good landlords'

Expert slams licencing schemes for red tape that 'punishes good landlords'

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Propertymark is calling for more local authority funding to ensure licensing schemes dont unfairly burden compliant landlords. It says councils scant resources and inadequate staffing levels mean processing licence applications takes longer than it should and hampers their

Property giants slam Government's lack of action on EPC upgrades

Property giants slam Government's lack of action on EPC upgrades

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An influential new report has slammed the Governments lack of progress on its much-heralded desire to see the property sector reach net zero by 2050. Published today jointly by the British Property Federation and property giant JLL, the report is critical of Government

NEW: Consultation launched on how to stop unfair council tax re-banding of HMOs

NEW: Consultation launched on how to stop unfair council tax re-banding of HMOs

News

The Government has launched its https://www.landlordzone.co.uk/news/latest-council-tax-crisis-for-hmo-tenants-averted-after-commons-statement/" target="_blank" promised consultation on its plans to reform the way HMO properties are valued for counci

Estate agency fined �35,000 for failing to licence three properties

Estate agency fined �35,000 for failing to licence three properties

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It's not just landlords who can be fined heavily - an estate agency now faces paying a �35,000 penalty for failing to licence three properties in the town of Edmonton in London. Enfield Councils licensing and enforcement work officers investigated Green House Estate Agents L

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Rogue landlord to pay £7,000 after council raids properties

Rogue landlord to pay £7,000 after council raids properties

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A rogue landlord has been handed a £7,000 legal bill for renting out three dangerous flats containing a raft of faults.

Activists urge Chancellor to make landlords pay NI contributions

Activists urge Chancellor to make landlords pay NI contributions

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Generation Rent has urged Chancellor Rachel Reeves to tax landlords harder in her first Budget by making them pay NI contributions.

Short-lets licensing would be intensely impractical' warns expert

Short-lets licensing would be intensely impractical' warns expert

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A leading property lawyer has described a campaigning MP’s latest attempt to usher in harsher regulation of short-lets in holiday hotspots as ‘intensely impractical’.

Labour promises to kick dodgy letting agents out of industry

Labour promises to kick dodgy letting agents out of industry

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Labour has committed to regulating estate agents in a bid to oust the rogue operators within the sector who give the wider industry a bad name and often cost landlords money and time when their services fall short of minimum standards.

Manchester mayor to back role of 'good landlords' in rental sector

Manchester mayor to back role of 'good landlords' in rental sector

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Manchester mayor Andy Burnham is to make a keynote speech at the NRLA’s annual conference in Birmingham next week.

Third of all rental homes have an EPC under band C, new data shows

Third of all rental homes have an EPC under band C, new data shows

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Landlords face an ongoing buy-to-let investment challenge as a new report reveals that a third of all homes for sale in Britian have an EPC rating below a C.

Agent sentenced after giving drugs gang keys to landlord's flat

Agent sentenced after giving drugs gang keys to landlord's flat

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A letting agent who allowed a criminal gang to use landlords’ empty flats to hide cash and drugs has been given a community sentence.

Council spends £210k chasing down landlord for £40k fine

Council spends £210k chasing down landlord for £40k fine

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A rogue landlord who threatened to evict his tenant after she complained about dodgy utilities bills has been handed a huge court fine.

Is the rental market broken? Have your say

Is the rental market broken? Have your say

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Landlords, tenants and letting agents are being asked to reveal their experiences of the private rented sector within a new national survey.

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

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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

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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

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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.

Social landlords blasted by Housing Ombudsman report - for maladministration

Social landlords blasted by Housing Ombudsman report - for maladministration

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Councils are failing in more ways than one. When it comes to complaints from their tenants, repairs and maintaining safety standards, councils are not performing

Landlord loses long-running 'battle of the staircase' with council

Landlord loses long-running 'battle of the staircase' with council

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An HMO landlord has lost his appeal against an improvement notice ordering him to update a 'paddle staircase'.

Holiday lets slump in Scotland as regulation bites

Holiday lets slump in Scotland as regulation bites

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The number of short lets in Scotland fell last year as the sector felt the impact of its licensing scheme clampdown.

More tenants using guarantors as competition for homes heats up

More tenants using guarantors as competition for homes heats up

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One in five private renters had to provide a guarantor when moving into their current property - equating to 940,000 households - according to the latest English Housing Survey.

Collapse of firms behind student accommodation scheme blamed on 'over-supply'

Collapse of firms behind student accommodation scheme blamed on 'over-supply'

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Millions owed to a lender by businesses which collapsed due to the oversupply of student accommodation in Newcastle are unlikely to be recovered.

PLANNING: Will this soon be Britain's biggest-ever HMO?

PLANNING: Will this soon be Britain's biggest-ever HMO?

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A private landlord in Kent has submitted plans for what will be the UK’s largest HMO if the scheme gets the go-ahead.

RESEARCH: Smaller properties offering best yields to landlords

RESEARCH: Smaller properties offering best yields to landlords

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Flats and smaller houses make the best buy-to-let investment for landlords, having seen the strongest annual increase in average yield compared with other property types during the past 12 months.

'Pension funds and investment firms will be tomorrow's landlords'

'Pension funds and investment firms will be tomorrow's landlords'

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Traditional private landlords are rapidly being replaced by pension funds and private equity firms seeking to capitalise on the lucrative build-to-rent sector.

Scandal hit social housing REIT winding down

Scandal hit social housing REIT winding down

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Home REIT, the investment trust marketed as the dream scheme to house 10,000 homeless and needy tenants, and a sure-fire investment alternative in property, is folding with extensive debts and legal claims

'HMOs do not deny homes to families and first time buyers'

'HMOs do not deny homes to families and first time buyers'

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A councillor in the North of England has pushed back against unlikely claims that large firms operating HMOs are ‘taking away his town’s family homes’.

ADVICE: '5 simple steps to take your property portfolio to the next level'

ADVICE: '5 simple steps to take your property portfolio to the next level'

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Looking to boost your property portfolio? Below are the five factors you must consider before your next property purchase.

Tribunal slams 'reprehensible' landlord who illegally evicted nurse

Tribunal slams 'reprehensible' landlord who illegally evicted nurse

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A landlord who sub-let an unlicensed HMO, failed to pay thousands of pounds in rent to the owner and illegally evicted a tenant has been handed a £4,872 rent repayment order.

Planners green light first rental homes from John Lewis

Planners green light first rental homes from John Lewis

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John Lewis has finally received the green light to begin its transformation into a build-to-rent landlord after Bromley Council approved its plans for 353 rental homes.

AI firm launches that pairs up tenants with ideal rental properties

AI firm launches that pairs up tenants with ideal rental properties

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A new tech start-up using AI to pair tenants with the most suitable rented homes has been launched.

Former minister who ushered in unpopular 'evictions ban' seeks Tory leadership

Former minister who ushered in unpopular 'evictions ban' seeks Tory leadership

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Former housing secretary Robert Jenrick who brought in the controversial 'evictions ban' during Covid has joined the Conservative party leadership race.

EXCLUSIVE: Senior figures slam ongoing court delays for landlords

EXCLUSIVE: Senior figures slam ongoing court delays for landlords

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Two leading figures from the private rented sector have slammed the ongoing nightmare many landlords are facing when waiting for evictions to pass through the courts.