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Claiming EPCs will cost £1000s to upgrade from D to C 'inaccurate' says expert

Claiming EPCs will cost £1000s to upgrade from D to C 'inaccurate' says expert

News

There have been many articles in the media stating that it will cost £5,000 to £6,000 to improve a residential landlords EPC from D to C. James Tanner, whose family operates a London-based PRS portfolio, and who also runs a https://www.jtannerproperties.c

NEW: 36% of tenants would accept a rent increase from a good landlord

NEW: 36% of tenants would accept a rent increase from a good landlord

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New research within the private rented sector has unearthed surprising attitudes to rent increases among tenants. Uswitch asked 2,000 renters whether they would accept an increase when renewing their rental contract and found that on average 36% would accept an increase while 50

BREAKING: £17.9 billion landlord bill for EPC upgrades revealed

BREAKING: £17.9 billion landlord bill for EPC upgrades revealed

News

Private landlords face a combined bill of �17.9 billion to upgrade their properties to a minimum EPC band C by 2025, with landlords in the capital facing the largest bill at �3.2 billion. Knight Franks figures highlight the looming crunch within the private rented sector pr

Be wary of property courses offering 'quick routes to success' says expert

Be wary of property courses offering 'quick routes to success' says expert

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Leading landlord and evictions figure Paul Shamplina has warned those seeking property investment training to be wary of courses which seem to provide easy shortcuts to success�. His comments were made over the weekend within an investigation by The Telegraph newspaper into

Average holiday home investor income rises by 59% since 2019

Average holiday home investor income rises by 59% since 2019

News

The UKs largest holiday home rentals website has published shocking figures that reveal the average income earned by property investors on its platform. Sykes Holiday Cottages Holiday Letting Outlook Report 2023 reveals that its average owner saw an income of �24,000 last

Tribunal slams councils for 'cash cow' licencing schemes that aren't needed

Tribunal slams councils for 'cash cow' licencing schemes that aren't needed

News

A First Tier Property Tribunal has slammed Nottingham Council for covering large swathes of the city with licensing schemes rather than targeting rogue landlords, a 'temptation' it says is faced by other local authorities. Justice for Tenants brought a case on behalf of a tenant

Shrinking buy-to-let could see a buy-to-let mortgage drought

Shrinking buy-to-let could see a buy-to-let mortgage drought

News

As landlords continue to exit the buy-to-let market, to the detriment of their tenants, could this rout also lead to buy-to-let mortgage lenders following their lead? This is a question posed by Chloe Cheung writing for the FT this last weekend. Its a serious question, a deve

Letting agents back HMO council tax re-banding reform proposals

Letting agents back HMO council tax re-banding reform proposals

News

Letting agents have backed the Governments decision to reform the way HMO properties are banded for council tax. Propertymark, which represents the estate agency sector, says in its submission to a consultation by the Department of Levelling Up, Housing and Communities that p

LATEST: Greens say 'immediate' rent freeze is only answer to housing crisis

LATEST: Greens say 'immediate' rent freeze is only answer to housing crisis

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Landlords wanting to back the eco movement may want to pause for thought after the Green Party today vowed to bring in an immediate rent freeze and no-fault eviction ban to tackle the housing crisis. During an election campaign visit to Suffolk, party co-leaders Carla Denyer and

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Renting reforms 'will go nowhere unless courts properly funded'

Renting reforms 'will go nowhere unless courts properly funded'

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Lawyers have warned that an underfunded justice system will hinder any progress made in strengthening renters’ rights.

'Hold your nerve: Watch, wait, and don’t panic'

'Hold your nerve: Watch, wait, and don’t panic'

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The biggest news to hit the private rental sector in 25 years is here: the Renters' Rights Bill. Scheduled for its second reading today, 9 October, this Bill is poised to reshape the landscape for landlords and tenants alike.

Renters’ Rights Bill: how concerned should we be?

Renters’ Rights Bill: how concerned should we be?

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Here’s an initial reaction to the Renters’ Rights Bill, thoughts that could change as it progresses through parliament - the second reading is today.

Funding confirmed for EPC improvements – but will it be enough?

Funding confirmed for EPC improvements – but will it be enough?

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A new funding pot has been announced to support energy efficiency improvements in England.

MPs to debate renting reforms today as Rayner promises law 'ASAP'

MPs to debate renting reforms today as Rayner promises law 'ASAP'

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The Renters’ Rights Bill will become law ‘as soon as possible’ housing secretary Angela Rayner has promised as parliament debates her legislation for the first time.

HMO landlords' fine appeal leads to £100,000 increase

HMO landlords' fine appeal leads to £100,000 increase

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A judge has massively increased the fines given to two HMO landlords who have failed in a legal challenge against their sentence.

WARNING: Abolishing ASTs will push landlords into short lets sector

WARNING: Abolishing ASTs will push landlords into short lets sector

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Removing fixed-term tenancies will drive up rents as landlords switch to short-term lets, warns Propertymark.

Landlord fined £22,600 after ignoring tenant safety warnings

Landlord fined £22,600 after ignoring tenant safety warnings

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A landlord with multiple properties in Bootle has been ordered to pay £22,630 for ignoring safety risks that left his tenants facing imminent danger.

Many tenants are becoming 'unrentable' says leading figure

Many tenants are becoming 'unrentable' says leading figure

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A significant number of people seeking properties to rent are finding themselves excluded and forced to live in temporary accommodation, it has been claimed, as landlords be become more risk averse.

Debate rages: Will banning Section 21 evictions reduce supply?

Debate rages: Will banning Section 21 evictions reduce supply?

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Fears that banning section 21 will harm the PRS in England are entirely misplaced, based on contradictory evidence in Scotland, according to The Social Market Foundation (SMF).

Tax liability – how to minimise it as a landlord

Tax liability – how to minimise it as a landlord

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As a landlord, you want to ensure your property business is as profitable as possible – and that means minimising your tax liability, so you don’t pay HMRC any more than you need to. Here are some options that can help you do that.

Tenants using the home to run a business - how safe are you?

Tenants using the home to run a business - how safe are you?

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The Landlord and Tenant Act 1954 Part II provides security of tenure to tenants of premises occupied for business purposes, or mixed residential and business purposes. Under the provisions of the 54 Act, it is possible for a lease or tenancy of a property, used for both resid

A new wave of investors rush in to buy properties off landlords looking to sell

A new wave of investors rush in to buy properties off landlords looking to sell

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After a slew of bad news, this week’s headlines come as a welcome relief for landlords looking to sell. The Telegraph reported that despite higher rates and regulatory risks around rentals, a wave of new investors had entered the market, stepping in to take portfolios off landlords’ hands.

Airbnb service for landlords raises £1.75m but still isn't profitable

Airbnb service for landlords raises £1.75m but still isn't profitable

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A business that rents out properties via Airbnb on behalf of landlords has raised another £1.75 million from investors, taking its total raised since 2016 to £12 million.

Record year for build-to-rent construction, says Savills

Record year for build-to-rent construction, says Savills

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The Build-To-Rent (BTR) sector now accounts for 10% of all UK real estate investment after a record-breaking year.

Gove reveals plans to slash ground rents for ALL leasehold properties

Gove reveals plans to slash ground rents for ALL leasehold properties

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The government has launched plans to slash ground rents on existing leaseholds as part of a consultation into widescale reform.

Evictions taking over six months on average, says MoJ

Evictions taking over six months on average, says MoJ

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County courts are taking over half a year on average to process legitimate evictions by landlords and agents, it has been revealed.

Student landlord slams council over 'unfair' £45,000 licencing fee

Student landlord slams council over 'unfair' £45,000 licencing fee

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A property management company has slammed its local council for charging a student accommodation block nearly £45,000 under the selective licensing scheme.

LibDems promise to give landlords tax breaks for green upgrades

LibDems promise to give landlords tax breaks for green upgrades

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Landlords should be allowed to offset spending on insulation and energy-saving improvements against tax, according to the Liberal Democrats.

Landlord mortgage arrears jump by 29%, official figures show

Landlord mortgage arrears jump by 29%, official figures show

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The tough economic conditions bearing down on landlords are starting to push up mortgage arrears, latest data from lenders’ trade body UK Finance has revealed.

Mystery shopper research 'proves landlords racially profile applicants' - claim

Mystery shopper research 'proves landlords racially profile applicants' - claim

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New research by Generation Rent reveals that white people are 36% more likely to receive a positive response when applying to rent on SpareRoom than black people.

Agents report fewer landlord instructions as 'unintended consequences' kick in

Agents report fewer landlord instructions as 'unintended consequences' kick in

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Signs that the Government’s assault on landlords coupled with higher mortgage costs are chasing more out of the market than usual have come from the Royal Institute of Chartered Surveyors (RICS) this morning.

Tory MP says court delays MUST be fixed before Section 21 is abolished

Tory MP says court delays MUST be fixed before Section 21 is abolished

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Tory MP and former cabinet minister Theresa Villiers (main picture) has warned her own Government that the ongoing delays within the court system risk persuading more landlords to leave the sector and worsen the already acute rented home supply problem.

New way to control HMOs revealed in Coventry - but will rest of UK follow suit?

New way to control HMOs revealed in Coventry - but will rest of UK follow suit?

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Coventry Council is hailing its crackdown on unlicensed HMOs a success after it fined landlords more than £100,000 in just two of the city’s streets.

Notorious landlord to pay staggering £480,000 fine over damp HMO

Notorious landlord to pay staggering £480,000 fine over damp HMO

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A notorious rogue landlord and his property management company have been handed a staggering £480,000 fine for renting out an HMO so damp that mushrooms were growing on the upper floors.

Property market 'past peak pain' but values still down 7% in 12 months

Property market 'past peak pain' but values still down 7% in 12 months

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The UK’s housing market is past ‘peak pain’ after a rollercoaster 12 months and is forecast to grow by 17.9% – equivalent to a £45,521 gain on the average home – within five years.

Airbnb 'irresponsible' for encouraging tenants to sublet rented homes

Airbnb 'irresponsible' for encouraging tenants to sublet rented homes

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A legal expert has warned that landlords face prosecution for running illegal HMOs if tenants follow Airbnb’s suggestion that they sub-let their homes.

Landlords WILL get eviction certainy from reform Bill, King tells MPs

Landlords WILL get eviction certainy from reform Bill, King tells MPs

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King Charles has heralded the government’s commitment to the Renters Reform Bill in his first King’s speech as monarch.

'Short-lets offer returns of up to five times traditional rents'

'Short-lets offer returns of up to five times traditional rents'

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Homes bought by landlords to rent out via short-let contracts create gross returns of between 12% and 20%, an estate agency has claimed.

The Section 21 Ban, will it progress?

The Section 21 Ban, will it progress?

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Will the Renters (Reform) Bill progress and ban Section 21, despite mounting opposition from Conservative back-benchers?

Landlord fined thousands AGAIN for same offence in same building

Landlord fined thousands AGAIN for same offence in same building

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A rogue landlord firm has been handed a £18,300 fine for letting out an unsafe, unlicensed property - only three months after being fined for the same offence in the same building.

Concern mounts over Government's 'weak' leasehold reforms

Concern mounts over Government's 'weak' leasehold reforms

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New leasehold reform legislation faces tough scrutiny from MPs and leasehold groups who are frustrated by an expectation that it will only cover houses, not flats.

Goverment tax grab on landlords prompts a third to go 'limited'

Goverment tax grab on landlords prompts a third to go 'limited'

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A third of landlords who own rental property in their personal name plan to incorporate their portfolio into a limited company structure within the next three years, according to Paragon Bank.

Landlord to pay £8,000 after ignoring 'shed with bed' prohibition order

Landlord to pay £8,000 after ignoring 'shed with bed' prohibition order

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Rogue landlords who assume they can convert outbuildings into ‘sheds with beds’ have been reminded of the likely fines they will face following a shocking case in Hertfordshire.