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Average rent now 25% higher than before Covid says leading agency

Average rent now 25% higher than before Covid says leading agency

News

Rents on newly-let homes have increased by 25% across the UK since the start of Covid, costing the average tenant an extra �2,962 each year. Hamptons reports that rents rose 11% year-on-year, with April marking the second strongest month for rental growth on record.&nbsp; <p

Signs of a turnaround in the UK construction industry...

Signs of a turnaround in the UK construction industry...

News

Construction activity is continuing to grow in the UK. Thats according to the April S&amp;P Global / CIPS UK Construction Purchasing Managers Index� (PMI), as reported by PCBToday, a Construction, Planning and Building Control portal. Construction companies in the UK the

Renting reforms will be a damp squib and we 'need a proper reset', say experts

Renting reforms will be a damp squib and we 'need a proper reset', say experts

News

Leading property sector figure Kate Faulkner (pictured) has called for a reset of the private rented sector, away from ineffective rules and regulations. <figure id="" class="w-richtext-figure-type- " data-rt-type="" data-rt-align=""><div><img src="https://cdn.prod.website-files.com/63bef2f

NEW: Number of landlords planning to sell up hits RECORD high, new poll finds

NEW: Number of landlords planning to sell up hits RECORD high, new poll finds

News

The number of landlords planning to sell their rented properties has reached its highest level ever, according to new research. BVA-BDRC, commissioned by the NRLA, found that during the first three months of this year a third of 700 private landlords in England and Wales that it

Major portal launches national 'rent passport' initiative for tenants and agents

Major portal launches national 'rent passport' initiative for tenants and agents

News

One of the UKs big property portals has launched an initiative to enable renters to become rent ready as they hunt for homes. OnTheMarket.com, which is a competitor with Rightmove and Zoopla, has now fully integrated Canopys RentPassport service into its platform.</p

BLOG: Hit or miss - how will the long-awaited Renters' Reform Bill be received?

BLOG: Hit or miss - how will the long-awaited Renters' Reform Bill be received?

News

In the first in a series of blogs for LandlordZONE on rental reform, Sean Hooker , Head of Redress at the https://www.theprs.co.uk/" Property Redress Scheme , shares his thoughts on yet another delay to the Renters Reform Bil

Plea to support landlords with rental reforms as record numbers plan exodus

Plea to support landlords with rental reforms as record numbers plan exodus

News

The https://www.landlordzone.co.uk/news/hold-up-for-renters-reform-bill-blamed-on-procedural-issues/" Renters Reform Bill will increase pressure on landlords and may force even more to quit the market, warns the Royal Institution of Chartered Surveyors (https://w

Interest rate rise set to hit mortgage payments and rental market

Interest rate rise set to hit mortgage payments and rental market

News

The Bank of England has hiked https://www.landlordzone.co.uk/news/revealed-why-higher-interest-rates-are-making-it-trickier-for-btl-investors/" interest rates by 0.25 percentage points, pushing the base rate to 4.5% and raising fears that this could exacerbate rental pric

Gove shelves plans to scrap leaseholds after Number 10 row

Gove shelves plans to scrap leaseholds after Number 10 row

News

Housing Secretary Michael Gove has dropped plans to abolish leaseholds in England and Wales after Downing Street officials argued there was not enough time to enact such major reforms. Despite describing it as an outdated feudal system� and pledging to get rid of h

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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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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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News
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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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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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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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Tenants’ groups want the government to also introduce longer protected periods.

HMRC's digital tax reporting scheme to cost landlords £460

HMRC's digital tax reporting scheme to cost landlords £460

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News
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Landlords will have to fork out an extra £460 to use the new Making Tax Digital for Income Tax Self-Assessment system.

Spray foam industry acknowledges problems with 'cowboy operators'

Spray foam industry acknowledges problems with 'cowboy operators'

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News
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Landlords who have used cowboy spray foam firms to insulate their properties are to be offered help by one of the main trade associations for the sector.

Most tenants and landlords say Tory PRS policies 'wrong'

Most tenants and landlords say Tory PRS policies 'wrong'

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A staggering 94% of renters don’t have confidence in the government’s approach to housing, according to a poll by SpareRoom.

Big city council seeks more powers to curb HMOs

Big city council seeks more powers to curb HMOs

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Salford Council wants new powers to help stem the growth of HMOs in the city.

Rees-Mogg savages Tory party's rental sector policies

Rees-Mogg savages Tory party's rental sector policies

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Jacob Rees-Mogg has turned on Tory colleagues by labelling the Renters (Reform) Bill “desperate tinkering at the edges” which won’t help landlords or tenants.

Landlord faces big fine after ignoring HMO planning decision

Landlord faces big fine after ignoring HMO planning decision

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News
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A landlord who ignored a council’s enforcement notice to stop operating an HMO without planning permission has been told to return it to a ‘traditional family home’ or face a huge fine.

Commercial to residential conversions, a new dawn!

Commercial to residential conversions, a new dawn!

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News
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Opportunities for developers and investors in property will open up as new amendments are laid down.

Landlords over 55 turning to Landlord Sales Agency as BTL mortgages grind to a halt

Landlords over 55 turning to Landlord Sales Agency as BTL mortgages grind to a halt

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It’s another week of news suggesting that landlords need to sell. If you’ve not yet considered cutting your loses, this might be the sign it’s time to exit the market, fast.

Minister grilled over conflicting Section 21 evictions ban promises

Minister grilled over conflicting Section 21 evictions ban promises

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News
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Cross-party peers have grilled Housing Minister Baroness Penn over the government’s ambiguous assurance that no-fault evictions would be banned before the general election.

Landlord hit with £45,000 fine over unlicenced HMOs

Landlord hit with £45,000 fine over unlicenced HMOs

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News
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A rogue landlord who ignored requests to raise standards at his two unlicensed properties has been hit with a bill of more than £45,000.

Property investment duo under fire as SFO probes £140m collapse

Property investment duo under fire as SFO probes £140m collapse

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News
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The Serious Fraud Office (SFO) has today raided homes and arrested four people connected to a group of investment companies that left some 1,000 investors out of pocket.

Leading Tory lobbyist warns Gove over Section 21 evictions

Leading Tory lobbyist warns Gove over Section 21 evictions

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News
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A leading Tory lobbyist and political commentator has called on the government to ditch plans for abolishing Section 21 amid fears that it will only worsen the housing crisis.

60% of renters struggling financially and 11% using food banks

60% of renters struggling financially and 11% using food banks

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New research among tenants reveals a bleak picture as the cost-of-living crisis hits home within the private rented sector.

'Airbnb growth is down to Gove's anti-landlord policies' - claim

'Airbnb growth is down to Gove's anti-landlord policies' - claim

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Leading letting agent Marc von Grundherr (pictured) has labelled the government’s crackdown on short lets “ironic”, given its hard line on buy-to-let landlords.

Two thirds of landlords making leap to Ltd companies

Two thirds of landlords making leap to Ltd companies

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A surprising 65% of landlords are considering or have already become a limited company as thousands seek tax benefits to help their business succeed.

Only big money (not private landlords) can solve rental crisis, claims Savills

Only big money (not private landlords) can solve rental crisis, claims Savills

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News
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The private rented sector is forecast to lose half a million homes during the next decade, leaving a large supply gap that can be filled by the build-to-rent sector, it has been claimed.

Is the UK tax regime unfair on private landlords?

Is the UK tax regime unfair on private landlords?

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In this episode of the Propertycast podcast Paul Shamplina, Eddie Hooker and Nigel Lewis discuss the pros and cons of why and how landlords are taxed on their renting income.

NW city ignores landlord concerns over bigger licencing scheme

NW city ignores landlord concerns over bigger licencing scheme

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News
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Concerns among Blackpool landlords over the future of the city's selective licensing have been swept aside after councillors approved the hugely enlarged scheme, which must now go to Michael Gove for the final green light.

Big suburban council to extend £950 licencing scheme

Big suburban council to extend £950 licencing scheme

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Barking and Dagenham Council is the latest borough to launch a bid to renew and expand its licencing schemes.

Activists urge ministers to go further with rent controls

Activists urge ministers to go further with rent controls

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Arguments between politicians, landlords, charities and both tenant and trade unions in Scotland about what to do when the country’s ongoing rent cap scheme ends on 31st March deadline have ramped up in the past few days.

MPs slammed for tabling sensible amendements to reform bill

MPs slammed for tabling sensible amendements to reform bill

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Campaigners have accused leading landlord MPs of trying to ‘gut’ the Renters (Reform) Bill as it goes through parliament.

Official probe into rent-to-rent sector launched

Official probe into rent-to-rent sector launched

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The NRLA is questioning whether rent-to-rent’s days are numbered after the government announced it was investigating the sector in a bid to understand its impact on tenants and landlords.

Massive changes to short-lets sector to go ahead

Massive changes to short-lets sector to go ahead

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The Government has revealed changes to planning regulations that will clamp down on short-lets in tourism hotspots such as the Lake District and seaside towns.

Government to rush through changes to housing laws

Government to rush through changes to housing laws

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Housing secretary Michael Gove has announced restrictions on Airbnb style short-term lettings. He also wants to relax rules on permitted development rights for commercial to residential conversions, and he says he will abolish section 21 in this Parliament.

Legionella risk, one aspect of letting that many landlords never think about...

Legionella risk, one aspect of letting that many landlords never think about...

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Landlords (and their agents) have a serious responsibility to undertake actions to protect tenants, visitors and passers-by, by preventing Legionella bacteria from causing a health hazard.