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Autumn Budget – A Halloween Horror Story

Autumn Budget – A Halloween Horror Story

News

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

Stamp duty hike will add £7,000 to each purchase for landlords

Stamp duty hike will add £7,000 to each purchase for landlords

News

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.

'If the Budget delivers stability, the property sector will benefit'

'If the Budget delivers stability, the property sector will benefit'

Opinion

Nick Lyons, chief executive of inventory experts No Letting Go give his view on the measures announced yesterday in parliament by Rachel Reeves.

ANALYSIS: What does stamp duty hike mean for landlords?

ANALYSIS: What does stamp duty hike mean for landlords?

News

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%.

BUDGET: 'Additional dwelling' stamp duty for landlords rises to 5%

BUDGET: 'Additional dwelling' stamp duty for landlords rises to 5%

News

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.

Rogue landlord to pay £7,000 after council raids properties

Rogue landlord to pay £7,000 after council raids properties

News

A rogue landlord has been handed a £7,000 legal bill for renting out three dangerous flats containing a raft of faults.

Activists urge Chancellor to make landlords pay NI contributions

Activists urge Chancellor to make landlords pay NI contributions

News

Generation Rent has urged Chancellor Rachel Reeves to tax landlords harder in her first Budget by making them pay NI contributions.

Short-lets licensing would be intensely impractical' warns expert

Short-lets licensing would be intensely impractical' warns expert

News

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 promises to kick dodgy letting agents out of industry

Labour promises to kick dodgy letting agents out of industry

News

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.

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Legal: Commercial landlord regains possession against opposition...

Legal: Commercial landlord regains possession against opposition...

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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

Crunch time for PRS revealed as increasing numbers of 'pioneer' landlords retire

Crunch time for PRS revealed as increasing numbers of 'pioneer' landlords retire

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News
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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,

Landlord mortgage costs rising faster than rent rises, research shows

Landlord mortgage costs rising faster than rent rises, research shows

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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

Consultation reveals majority of residents oppose wider selective licencing

Consultation reveals majority of residents oppose wider selective licencing

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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:

AIRBNB: Tory 'free marketeers' attack Gove over short-lets clamp-down

AIRBNB: Tory 'free marketeers' attack Gove over short-lets clamp-down

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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

PLANNING: Landlords battle city council over its 'anti-HMO campaign'

PLANNING: Landlords battle city council over its 'anti-HMO campaign'

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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

EXPERT: Why are so many agents and landlords ignoring fees law?

EXPERT: Why are so many agents and landlords ignoring fees law?

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News
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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

BREAKING: Government moves to restrict Airbnb lets in holiday hotspots

BREAKING: Government moves to restrict Airbnb lets in holiday hotspots

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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

OPINION: Yet another property training company bites the dust!

OPINION: Yet another property training company bites the dust!

Opinion
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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

Spring Budget shortfalls: What was missing for landlords?

Spring Budget shortfalls: What was missing for landlords?

Opinion
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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

Chancellor's tax grab set to make housing crisis worse - claim

Chancellor's tax grab set to make housing crisis worse - claim

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Abolishing Multiple Dwellings Relief will intensify problems of chronic undersupply in the property market, according to one tax expert.

Landlords reprieved from new empty homes crackdown

Landlords reprieved from new empty homes crackdown

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Landlords who are preparing a property to let or waiting to find a tenant will get a reprieve from empty homes council tax premiums.

Landlords begin returning to market in London

Landlords begin returning to market in London

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Landlords appear to be returning to the capital, with new instructions in February up 19% year-on-year, according to London agent Foxtons.

NE Landlords gets new look in push across UK

NE Landlords gets new look in push across UK

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North East Landlords has rebranded as GB Landlords as it expands its reach into the capital ahead of its first London event.