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HMRC warns holiday let owners about their tax obligations

HMRC warns holiday let owners about their tax obligations

News

HMRC warns that owners must accurately declare these earnings on their self assessment tax returns or face criminal charges if in default. A boom in bookings The Covid pandemic has stored up excess demand for stay at home Britains under the foreign holiday restrictio

LATEST: Scots landlords face new EPC rules but up to �15,000 to pay for upgrades

LATEST: Scots landlords face new EPC rules but up to �15,000 to pay for upgrades

News

Scottish landlords have until 2028 to meet energy efficiency standards but can access interest-free loans of up to �15,000 to help them spread the cost. The Scottish government has published its Heat In Building Strategy setting out that, by 2030, greenhouse gas emissions from

Sir Philip Green and his wife bought-up high-end London property as their retail empire was collapsing

Sir Philip Green and his wife bought-up high-end London property as their retail empire was collapsing

News

The so called Pandora Papers is a financial services leak of nearly 12 million documents that reveal an international treasure trove of hidden wealth, tax avoidance and money laundering, by some of the world's richest individuals. The secret files were unearthed by a Washington

Nationwide launches platform to help landlords manage their properties and finances

Nationwide launches platform to help landlords manage their properties and finances

News

High Street lender the Nationwide has launched a platform that will be first of its kind created for landlords by a major financial institution. Called The Landlord Works, it has been developed by a team headed up by Paul Wooton (main picture) who, after leaving its mortgage bro

UK's most expensive ever HMO licensing scheme to launch in London

UK's most expensive ever HMO licensing scheme to launch in London

News

Lambeth Council has launched a new additional licensing scheme that will see the boroughs private landlords paying the highest per bedroom HMO fees in the country. Under the current licensing scheme, landlords pay an application fee of �289 per bedroom for a five-year licenc

Test case: Servicing a section 21 notice and prescribed information

Test case: Servicing a section 21 notice and prescribed information

News

The Section 21 possession procedure (currently under threat of being removed) is a no fault eviction process where the landlord can serve notice on a tenant to regain possession once the initial minimum 6 months or contracted fixed term has ended. A section 21 notice is for 2

LATEST: Pet-owning resident in legal clash with freeholder over 'permission'

LATEST: Pet-owning resident in legal clash with freeholder over 'permission'

News

A dog-owning tenant has launched a legal challenge against her freeholder which could result in parting with her pets or the leasehold. The womans partner moved into her property five years ago with three small dogs and admitted this to the freeholder. It then sent her a

PetScore referencing service for landlords officially launches

PetScore referencing service for landlords officially launches

News

A tech professional who is also a landlord has launched what she believes to be the ideal solution to the impasse between landlords who won’t take tenants with pets, and the estimated 7.6 million tenants in the UK who want to live with their cats or dogs.

Throuple trouble? Modern relationships making HMO compliance tricky, warns top lawyer

Throuple trouble? Modern relationships making HMO compliance tricky, warns top lawyer

News

Landlords and agents must make sure they dont come a cropper deciding what constitutes a single household when vetting HMO tenants in an age of polyamorous relationships, warns a top property lawyer. While the legal definition of a household can be explained quickly, re

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Councils use Generation Rent to highlight unaffordable rents

Councils use Generation Rent to highlight unaffordable rents

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Three quarters of Suffolk renters have struggled to find an affordable home in the last six months, while half had a rent increase – an average of £58 – according to new research.

Midlands council slams 'horrendous' local private rented sector

Midlands council slams 'horrendous' local private rented sector

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News
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Peterborough Council’s selective licensing scheme has uncovered some “horrendous” living conditions since its launch last March.

Landlord who ignored licensing for second time given huge fine

Landlord who ignored licensing for second time given huge fine

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News
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A rogue landlord has been fined for a second time this year for failing to license his portfolio of houses.

PM's own rental house will soon fail EPC rules

PM's own rental house will soon fail EPC rules

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Prime Minister Keir Starmer is facing an EPC upgrade bill of up to £28,000 for the property he rents out in North London.

Merry Christmas and a Happy News Year to all our readers

Merry Christmas and a Happy News Year to all our readers

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The past 12 months have been a momentous time for private landlords as tax changes and looming new regulations have been unveiled by politicians of various hues.

'What's the point of good landlords if rogues aren't policed?'

'What's the point of good landlords if rogues aren't policed?'

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News
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Councils are sending the wrong message to law-abiding landlords by failing to investigate those who can’t provide a valid EPC certificate.

Northern landlord fined £38,000 over multiple HMO offences

Northern landlord fined £38,000 over multiple HMO offences

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News
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A landlord in Liverpool has been prosecuted by its city council for 23 offences under national HMO management regulations.

Heat pumps 'don't help upgrade EPCs' warns new report

Heat pumps 'don't help upgrade EPCs' warns new report

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News
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Despite enthusiasm in Whitehall for heat pumps they not the best way to upgrade a rented property EPC rating, a new report has claimed.

Two thirds of private renters struggling to pay rent

Two thirds of private renters struggling to pay rent

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Nearly two-thirds of working private renters - 4,450,000 people - are falling behind with rent payments or struggling to pay their rent.

Big build-to-rent firm in trouble over 'misleading consumers'

Big build-to-rent firm in trouble over 'misleading consumers'

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News
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Build-to-rent developer Quintain Living has had its knuckles rapped for wrongly suggesting tenants could make big energy bill savings, get free WiFi and work from home areas.

Big building society follows other BTL lenders and cuts rates

Big building society follows other BTL lenders and cuts rates

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News
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Leeds Building Society is the latest lender to announce reductions to its BTL mortgage products following the Bank of England’s decision to cut the base rate from 5.25% to 5%.

Tory policies have 'driven students into expensive corporate blocks' - claim

Tory policies have 'driven students into expensive corporate blocks' - claim

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Exiting student landlords have paved the way for PBSA developers charging higher rents, according to The FT.

Panic selling as landlords fear capital gains tax raid

Panic selling as landlords fear capital gains tax raid

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Chancellor of the Exchequer Rachel Reeves refusing to rule out a swinging increase in capital gains tax (CGT) for landlords

Report shows 11% of tenants paying 60% of their income as rent

Report shows 11% of tenants paying 60% of their income as rent

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News
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A new report based on data from 46,000 renters reveals shocking data on how much they are spending on their rent.

Big boiler manufacturer promises not to repeat 'greenwashing' claims

Big boiler manufacturer promises not to repeat 'greenwashing' claims

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News
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One of the UK’s biggest gas boiler manufacturers used by millions of landlords has promised not to ‘greenwash’ its part-hydrogen fuelled boilers.

How many laws must landlords adhere to, asks legal expert

How many laws must landlords adhere to, asks legal expert

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News
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Law-savvy landlords are being asked to help compile a definitive list of legislation impacting the PRS.

No.10 cat 'backs' mandatory pet damage insurance campaign

No.10 cat 'backs' mandatory pet damage insurance campaign

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News
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Larry the Number 10 cat has backed a charity’s campaign to change the law allowing tenants to keep pets.

Hardship test “bombshell” for landlords

Hardship test “bombshell” for landlords

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Labour’s housing minister Matthew Pennycook is said to be planning a “hardship test”

New minister says transfer from housing benefit to Universal Credit 'smooth' but expert disagrees

New minister says transfer from housing benefit to Universal Credit 'smooth' but expert disagrees

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News
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Claims by the new Department of Work and Pensions (DWP) minister of state Stephen Timms that the transfer of remaining housing benefit claimants to Universal Credit is being done ‘as smoothly as possible’ have been questioned by a leading expert.

Landlord fined £10,000 over failure to do £169 safety check

Landlord fined £10,000 over failure to do £169 safety check

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News
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Booking in a five-yearly Electrical Safety Installation Certificate (ESIC) check for your rented property often seems like one of the plethora of minor tasks on the ‘to do’ list.

Higher BTL repossessions making rental shortage worse says Law Society

Higher BTL repossessions making rental shortage worse says Law Society

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News
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An increase in buy-to-let repossessions is exacerbating the rental supply shortage and leaving evicted families without legal aid needed to fight their case.

'We're seeing mostly older landlords selling up' says agency boss

'We're seeing mostly older landlords selling up' says agency boss

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An exodus of older landlords is paving the way for build-to-rent investors and younger landlords looking to capitalise on higher yield properties, according to a big estate agency boss.

Landlord property repossessions continue upward trajectory

Landlord property repossessions continue upward trajectory

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At least 710 buy-to-let mortgaged properties were repossessed in the second quarter of the year, 13% up on the previous quarter and 51% up year-on-year.

OpenRent and Rightmove's 'war of words' ends with new deal

OpenRent and Rightmove's 'war of words' ends with new deal

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Online lettings firm OpenRent and Rightmove have signed a new property listings deal after several weeks of corporate brinkmanship over fees.

COURTS: Time to evict a tenant jumps 15% to 25 weeks

COURTS: Time to evict a tenant jumps 15% to 25 weeks

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The average time from claim to landlord repossession has jumped to 25.4 weeks, up from 22.1 weeks in the same period in 2023, according to the latest government figures.

'Supply of rented property thinning out, and Labour's not helping'

'Supply of rented property thinning out, and Labour's not helping'

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News
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Gloomy letting agents have reported a fall-off in private rentals coming onto the market around the country.

How to turn non-profitable headache portfolios into slick, high profit machines again

How to turn non-profitable headache portfolios into slick, high profit machines again

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Landlord Sales Agency has been touted as the UK’s best company for landlords to go to who are looking to increase the profits of their property portfolios.

Reeves dodges ruling out CGT increases for landlords

Reeves dodges ruling out CGT increases for landlords

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News
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Chancellor of the Exchequer Rachel Reeves has refused to rule out increasing capital gains tax for landlords selling their rental properties during interview with a US business TV channel.

London's high rents causing big problems for recruiters

London's high rents causing big problems for recruiters

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News
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A business consultancy has warned that London’s high rents mean many companies in the capital are struggling to recruit staff as younger jobseekers look for employment elsewhere in order to access lower-cost homes.

Protesters strike again as cash-strapped council disposes of properties

Protesters strike again as cash-strapped council disposes of properties

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News
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Cash strapped Somerset Council has County Hall vandalised for fourth time...

Landlord faces 'ban' after licensing lapse in Wales

Landlord faces 'ban' after licensing lapse in Wales

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News
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A landlord in Wales faces is to pay £5,088 in fines and surcharges after operating three properties in Swansea without a licence and has also been effectively banned from the sector.

LandlordZONE reveals one-day NRLA takeover

LandlordZONE reveals one-day NRLA takeover

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We’re pleased to announce that on August 7th, for one day only, the NRLA will be hosting a sponsored takeover here on LandlordZONE!

OFFICAL: Number of properties bought by landlords drops by 14%

OFFICAL: Number of properties bought by landlords drops by 14%

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News
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The number of buy-to-let properties bought by landlords during the past 12 months has dropped by 14%, official HMRC figures reveal

Record number of selective licencing schemes and landlord fines revealed

Record number of selective licencing schemes and landlord fines revealed

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New research has revealed that the number of selective licencing schemes in the UK has increased by nearly 10% over the past two years, with landlords paying on average £700 for a five-year licence.