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Up for a fight? Fundraiser seeks property people to step into the ring

Up for a fight? Fundraiser seeks property people to step into the ring

News

The property industrys Rumble with the Agents charity event is to host its eighth evening of boxing and fund-raising in North London on Thursday 22nd June, it has been announced. <figure id="" class="w-richtext-figure-type- " data-rt-type="" dat

MORTGAGE SHOCK: Bank of England hikes base rate by 0.5% to 4%

MORTGAGE SHOCK: Bank of England hikes base rate by 0.5% to 4%

News

The Bank of England has raised interest rates for the 10th consecutive time as it battles inflation - a move likely to hit thousands of investors with variable rate mortgages and those forced to renew fixed-rate deals. The base rate has gone up by half a percent to 4%, the highe

Councils' frosty reception for HMOs sees number decline in key regions

Councils' frosty reception for HMOs sees number decline in key regions

News

Englands HMO market has shrunk by more than 21,000 properties in the last two years as local councils ramp up planning rules and licensing schemes. Numbers were down by -2.4% to 489,701 last year, having already seen a -1.7% drop in 2021, according to figures from Octane Capi

EXCLUSIVE: Online boss talks candidly about landlords' reluctance to 'go digital'

EXCLUSIVE: Online boss talks candidly about landlords' reluctance to 'go digital'

News

The boss of online lettings platform lettingaproperty.com is determined to overcome landlords inertia to switch from using high street agents. Jonathan Daines admits its a challenge as 95% of landlords still use agents, with the ingrained belief that the online process wil

MARKET: Average house price down 3.2% since August 2022

MARKET: Average house price down 3.2% since August 2022

News

House prices have fallen for the fifth month in a row, with the average property now worth �258,297, almost �4,000 less than in December, reports Nationwide. January saw a -0.6% monthly dip which left prices 3.2% lower than their August peak, while annual house price growth al

Making Tax Digital for Income Tax on hold, again!

Making Tax Digital for Income Tax on hold, again!

News

If you were due to submit a self-assessment tax return and pay your dues by yesterdays deadline and you missed it you should do so now without delay, otherwise you will face a penalty. Anyone with rental income must submit a self-assessment income tax return, completing the property inco

Looming Vic & Bob movie to portray landlords as 'obnoxious'

Looming Vic & Bob movie to portray landlords as 'obnoxious'

News

Landlords are to get their latest outing on the silver screen within the first movie by comedians Vic Reeves and Bob Mortimer, it has been reported. But predictably its not the image many would prefer to see the comedy pair promote. After nearly two decades of dev

Landlord to pay tenants �10,000 after losing RRO legal appeal

Landlord to pay tenants �10,000 after losing RRO legal appeal

News

A London landlord has been hit with a �9,880 rent repayment order after failing to convince a tribunal that his tenants application was not legal. The landlord admitted that he had held a selective licence which limited occupation to five people from one household but hadn

Landlords are taking action as tax bills and refurb costs rise above rent yields

Landlords are taking action as tax bills and refurb costs rise above rent yields

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Rogue tenant prosecuted after running barking business from filthy home

Rogue tenant prosecuted after running barking business from filthy home

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A rogue tenant has been prosecuted for running an illegal dog breeding service inside her filthy rented property.

Falling rates trend brings surge in demand for commercial property investment

Falling rates trend brings surge in demand for commercial property investment

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Commercial property portal Rightmove sees a 28% increase across all sectors

Government kicks dozens of eco installers off schemes used by landlords

Government kicks dozens of eco installers off schemes used by landlords

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The Energy Company Obligation 4 (ECO4) and Great British Insulation Scheme - used by landlords to insulate homes - have been hauled up for fitting substandard solid wall insulation.

High Court decision complicates rent collection for landords with UC tenants

High Court decision complicates rent collection for landords with UC tenants

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The High Court has ruled that the Department of Work and Pensions acted unlawfully by making deductions from a tenant’s Universal Credit payments to his landlord without first consulting him – a decision which could impact thousands of other claimants.

MPs grill Angela Rayner over Local Housing Allowance freeze

MPs grill Angela Rayner over Local Housing Allowance freeze

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MPs are continuing to press Housing Secretary Angela Rayner about the impact of freezing Local Housing Allowance rates on families in the PRS.

New HMO yields report reveals best regions for yields

New HMO yields report reveals best regions for yields

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The North East offers BTL investors the best HMO rental yields in the UK, with the highest rental income to be found in the South East.

INTERVIEW: Larger portfolio landlords are 'future of the private rented sector'

INTERVIEW: Larger portfolio landlords are 'future of the private rented sector'

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LandlordZONE caught up with Marcus Selmon, Chair of portfolio landlord group PLAN to discuss the state of the private rented sector and the soon-to-be enacted Renters’ Rights Bill from the perspective of his members.

Book Review: How to Become a Successful Property Investor

Book Review: How to Become a Successful Property Investor

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This is a book I wish I’d had available when I first started out on my own property investing career

WARNING: Banning Section 21 will cause 'chaos' unless courts property funded

WARNING: Banning Section 21 will cause 'chaos' unless courts property funded

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The government’s reluctance to properly fund eviction courts could cause chaos once the Renters’ Rights Bill becomes law, a leading lawyer has warned.

REPORT: Will lower inflation lead to lower BTL mortgage rates?

REPORT: Will lower inflation lead to lower BTL mortgage rates?

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Falling UK inflation could herald some good news for BTL landlords over the coming months, according to mortgage experts.

A reminder for landlords that electrical safety checks are mandatory

A reminder for landlords that electrical safety checks are mandatory

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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)

Court approves tough bankcruptcy limits on 'property guru'

Court approves tough bankcruptcy limits on 'property guru'

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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.

Tenant pockets £5,000 from Tribunal after realising HMO was unlicenced

Tenant pockets £5,000 from Tribunal after realising HMO was unlicenced

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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.

Spring Budget shortfalls: What was missing for landlords?

Spring Budget shortfalls: What was missing for landlords?

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In what was likely his last Budget Statement before the next General Election, Jeremy Hunt announced his plans for tax, housing, and cost-of-living measures. Where did the Budget fall short for the private rented market (PRS)?

Murder conviction bars landlord from running rental properties

Murder conviction bars landlord from running rental properties

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A landlord who was jailed for culpable homicide in 2008 has been refused permission to rent out flats in Glasgow, despite claiming he has taken ‘responsibility for his actions’ and moved on.

Escalating 'housing emergencies' are Government's fault, say Scots letting agents

Escalating 'housing emergencies' are Government's fault, say Scots letting agents

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Letting agents have blamed poor Scottish government policies for the growing number of councils declaring ‘housing emergencies’.

Heat pumps still 'too expensive' warns national spending watchdog

Heat pumps still 'too expensive' warns national spending watchdog

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Heat pump sales continue to be hampered by high costs, lown awareness and a lack of long-term financial support, the government’s spending watchdog has warned.

90% of landlords reject Scottish rent control plans, official poll reveals

90% of landlords reject Scottish rent control plans, official poll reveals

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Vast majority of landlords have flatly rejected future widespread rent control across Scotland, in a new Holyrood survey.

Landlord fined after tenant harrassment revealed in court

Landlord fined after tenant harrassment revealed in court

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A landlord has been ordered to pay £2,500 in fines, compensation and costs after he admitted harassing two of his tenants.

Will landlord MPs stymie the Rental (reform) Bill?

Will landlord MPs stymie the Rental (reform) Bill?

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Momentum appears to be growing to torpedo the controversial legislation as evidence emerges that the Bill is ‘close to collapse’ in Parliament.

Should a good rent payment record count towards a mortgage application

Should a good rent payment record count towards a mortgage application

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It used to be the case that renting was a temporary phase in a young persons life. It gave flexibility until their career settled down to a fixed employer and a fixed location. But todays property prices mitigate against this pattern. Many people are locked into renting fa

Generation Rent calls for big landlord regulation push in Wales

Generation Rent calls for big landlord regulation push in Wales

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Generation Rent has urged the Welsh government to introduce an ombudsman for the PRS along with more grounds for rent repayment orders (RROs) in order to improve tenants’ lives.

80% of landlords say banning Section 21 evictions 'a mistake'

80% of landlords say banning Section 21 evictions 'a mistake'

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The vast majority of landlords and letting agents view the Government’s plans to abolish Section 21 evictions as a mistake, a new report has revealed.

Hunt's Spring Budget hid 'stealth' tax grab on landlords via CGT rules

Hunt's Spring Budget hid 'stealth' tax grab on landlords via CGT rules

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Jeremy Hunt’s recent Spring Budget hid a ‘steal tax’ on landlords seeking to sell properties after April 1st, it has been claimed.

Time ticking away for Bill prompts fresh concerns

Time ticking away for Bill prompts fresh concerns

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Fears are growing that the government is going soft on its commitment to the Renters Reform Bill.

Surge in fines for Right to Rent non-compliance

Surge in fines for Right to Rent non-compliance

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An increasing number of landlords and letting agents are falling foul of Right to Rent rules, with a big rise in fines handed out last year.

Landlord turns up heat on TV show with winning pitch

Landlord turns up heat on TV show with winning pitch

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An HMO landlord and entrepreneur has secured £80,000 worth of funding on Dragons' Den for his thermostat business.

Landlords fail to avoid London borough's HMO clampdown

Landlords fail to avoid London borough's HMO clampdown

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Haringey Council is launching a new additional HMO licensing scheme despite limited backing from landlords and tenants.

Renters face growing struggle to pay rising rents

Renters face growing struggle to pay rising rents

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Rent-to-income ratios in the UK have reached unsustainable new highs, forcing renters to spend a third of their wages on rent.

One council goes against the grain with short-term lets

One council goes against the grain with short-term lets

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Northumberland council has refused owners consent to convert their short-term holiday let cottages into permanent private residences.

AI firm urges landlords to embrace 'snooping' sensors

AI firm urges landlords to embrace 'snooping' sensors

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Landlords in the South West are being encouraged to access technology that detects heat loss, draughts, damp and mould.

Landlord to pay £220,000 after illegally converting flat

Landlord to pay £220,000 after illegally converting flat

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A rogue landlord firm which illegally converted a property into six flats and ignored an enforcement order has been ordered to pay more than £220,000.

Big London council reveals carrots and sticks for landlords

Big London council reveals carrots and sticks for landlords

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Hackney Council has promised landlords financial support to stay in the PRS while beefing up licensing and getting tough on short-term lets.

Record number of landlords taking courses, says NRLA

Record number of landlords taking courses, says NRLA

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Rising levels of national and local regulation across the UK have persuaded some 10.500 landlords to sign up for NRLA training, whether it’s technical safety knowledge, or how to deal with an anti-social tenant