After a huge amount of speculation in the press we can finally report what the new Labour Government has decided to do (and not to do) on the tax front
Landlords will face an additional average charge of more than £7,000 from tomorrow when buying a property thanks to an uplift in Stamp Duty charges.
Nick Lyons, chief executive of inventory experts No Letting Go give his view on the measures announced yesterday in parliament by Rachel Reeves.
The Labour Government has ramped up its increasingly anti-landlord policies by increasing the stamp duty they pay when buying rental properties from 3% to 5%.
Chancellor Rachel Reeves has delivered a tax blow to landlords with a 2% increase in stamp duty to 5% on second homes and investment properties – which takes effect tomorrow.
A rogue landlord has been handed a £7,000 legal bill for renting out three dangerous flats containing a raft of faults.
Generation Rent has urged Chancellor Rachel Reeves to tax landlords harder in her first Budget by making them pay NI contributions.
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 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.
In the case of B&M Retail Ltd v HSBC Bank Pension Trust (UK) Ltd [2023], The Central London County Court was asked to rule on a claim for possession by the landlord under the rules of the Landlord and Tenant Act 1954. The landlord was seeking possession against the tenant
Thousands of landlords who entered the private rented sector following the introduction of dedicated buy-to-let mortgages in 1996 are now retiring in increasing numbers, it has been revealed. Research by estate agency Hamptons reveals that some 140,000 landlords retired in 2022,
Landlords' mortgage costs have been faster than rent rises over the past two years, new research has highlighted. Estate agency https://www.barrowsandforrester.co.uk/" target="_blank" Barro https://www.barrowsandforrester.co.uk/" ws and Forrester
Plans to bring in a vast new selective licencing scheme within Brent have been given a resounding thumbs down from both landlords and, surprisingly, the London boroughs residents too. <figure id="" class="w-richtext-figure-type- " data-rt-type="" data-rt-align=""><div><img src="https:
Michael Goves plans announced yesterday to require owners of holiday lets in tourist hotspots to get planning permission for their properties has not gone down well in some quarters of the Conservative party. The https://www.landlordzone.co.uk/news/breaking-governmen
Landlords locked in a battle with Porsmouth council over its approach to shared houses have branded its recent planning decisions an anti-HMO campaign. Trouble has been brewing the city since councillors on its planning committee began overriding the councils own planni
The Tenant Fees Act has been in place for nearly four years but is it shocking how many property professionals, also known as letting agents, are either not aware of its existence, or believe they can charge a fee as long as they call it something else. I have looked at the 34 m
The Government has revealed plans to force those seeking to convert homes in short-let properties within Englands holiday hotspots to seek planning permission first. Such powers, which will see a new 'use class' and a 'permitted development right' introduced into planning law
I have lost track of the number of firms offering property investment courses and investment vehicles that have gone bust in my own experience, some offering dodgy training courses or imaginative investment schemes of one sort or another, and right down to those plying outright scams. <p
Are you aware of the risks that commonly used devices in homes, workplaces, on our dives and garages now pose?
Most private tenants doubt the Renters Reform Bill will either be implemented or bring about tangible change.
A landlord in Lancashire has been jailed and must pay a £10,441 fine including costs after a local fire brigade prosecuted her for six breaches of fire safety regulations at her properties in the seaside town of Cleveleys.
The Scottish government has promised that proposals to deliver on its New Deal for Tenants are imminent.
London’s private rented sector will become a more dangerous place for tenants if rebel MPs convince the government to ditch selective licencing, an influencial independent think tank has warned.
The British Property Federation has voiced concerns about government assurances of court reform progress ahead of scrapping no-fault evictions.
The NRLA has warned landlords who have set up limited companies to run their property portfolios that they will have prove they spend 20 hours a week managing their businesses to get the tax reliefs many hoped they would.
A subsidiary of one of the capital’s biggest landlords has been put on London’s rogue landlords register and fined £67,000 for breaches of HMO licence conditions.
A landlord has told councillors he will have to give up two properties after he failed to renew HMO licences before the expiry dates.
Holistic Hoarding has prevented 50 evictions in the last four years by working with tenants to address the causes of their mental health condition.
Abolishing leasehold is far from the easy process some of our politicians would have us believe – there are some powerful forces ready to counter the move.
Former Housing Minister Esther McVey has been claiming tens of thousands of pounds in Parliamentary expenses for renting a London flat, despite her husband owning a property a mile away, it has been claimed.
The government has been urged to stop “sitting on its hands” and bring forward changes to protect tenants, leaseholders and landlords from poor practices in the lettings industry.
A new DIY lettings service for landlords should help Hello Neighbour fulfil its ambition of becoming the biggest letting agent in England, according to co-founder Richard Jenkins.
A landlord who rented out his unlicensed, seven-bedroom HMO to 13 tenants has been ordered to pay £3,000.
In February the average BTL mortgage rate fell to 5.5% which is the lowest since September 2022.
Landlord and tenant groups have welcomed proposals by MPs on the Work and Pensions Select Committee to introduce an annual ‘uprating guarantee’ to the Local Housing Allowance (LHA).
Only one in five (18%) landlords understand the Renters (Reform) Bill, while just 3% have read guidance surrounding the legislation, according to a new Propertymark poll.
The Guardian suggests that Government may start to veer towards a “surprisingly simple solution to the UK housing crisis” which could see them squeeze landlords further, blaming them for the current housing crisis affecting home-buyers.
A new report published today claims that 390,000 jobs rely on the private rented sector as critics of the sector, including the Guardian newspaper, have called for it to be shrunk or abolished entirely.
Landlords in Oxford who fail to sign up to the city’s licensing scheme are being threatened with fines and enforcement action after a year of relative ‘grace’.
Falling UK inflation could herald some good news for BTL landlords over the coming months, according to mortgage experts.
Until recently landlords only had to concern themselves gas safety checks - but now all residential landlords or their agents must arrange for regular electrical safety checks (every 5 years)
Infamous property guru Glenn Armstrong, who misled dozens of investors by promising to make them rich, has been handed tough bankruptcy restrictions lasting 12 years.
A tenant who discovered that his landlord had not licenced the HMO in which he lived is to pocket £5,000 after winning a rent repayment order (RRO) during a Tribunal hearing.
