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Would you sell a BTL property to its tenants at a discount to avoid agency fees?

Would you sell a BTL property to its tenants at a discount to avoid agency fees?

News

More landlords looking for a quick and painless exit from the PRS are considering concessionary mortgages, it has been claimed. These little-known mortgage deals allow a sitting tenant to buy the property at a discounted price, based on a valuation. The seller must b

Rental market reaching crisis point as 'perfect storm' hits landlords and tenants

Rental market reaching crisis point as 'perfect storm' hits landlords and tenants

News

Landlord Actions Paul Shamplina (main picture) has explained to Radio 4 listeners how an almost broken court system and higher interest rates are driving a rush in Section 21 evictions before rent reform laws kick in. Speaking on the https://www.bbc.co

Tenants pocket �16,000 after landlord and agent's regulatory mistakes

Tenants pocket �16,000 after landlord and agent's regulatory mistakes

News

A landlord has failed to convince a court that stress and financial difficulties excused her from paying a rent repayment order. Instead, Jaya Sanahs four tenants will share �16,191 after ahttps://www.landlordzone.co.uk/tag/first-tier-property-tribunal-2...

Details on higher EPC ratings for PRS a long way off, admits energy minister

Details on higher EPC ratings for PRS a long way off, admits energy minister

News

Landlords are to wait many more months to find out the details of Government proposals to raise the minimum Energy Performance Certificate for rented properties. Energy minister Andrew Bowie (main picture) has admitted during a Lords debate that progress h

Lloyds Bank's plans to build 'thousands' of rental homes prove over optimistic

Lloyds Bank's plans to build 'thousands' of rental homes prove over optimistic

News

Lloyds has grown its rental portfolio to 1,000 properties and has another 700 in the pipeline as it bids to become one of the UKs biggest landlords, albeit far off its original objectives. The bank has some way to go if the publicly-owned institution is to meet its target of

Landlord secures huge victory in �18,000 Rent Repayment Order case

Landlord secures huge victory in �18,000 Rent Repayment Order case

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An Upper Tribunal has slashed a landlords Rent Repayment Order by �16,000 after taking pity during an appeal hearing on her precarious financial position�. A First Tier Property Tribunal https://assets.publishing.service.gov.uk/media/6239f607e90e07799cd3de67/LO

Landlord pays �40,000 fine after large HMO 'put tenants at risk'

Landlord pays �40,000 fine after large HMO 'put tenants at risk'

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A landlord in Norfolk has payed fines totalling �40,000 after he was found to have housed tenants in a way that put tenants at risk. Issues were reported at the Watton property (pictured) to Breckland Council last year, which prompted an inspection by officers who found a block

BREAKING: Landlords face higher mortgage costs as base rate rises by 0.5%

BREAKING: Landlords face higher mortgage costs as base rate rises by 0.5%

News

The Bank of England has this lunchtime raised its base rate by 0.5% as the venerable institution fights to bring down inflation, which yesterday was revealed to be sticking stubbornly at 8.7%, way above the bank's target of 2%. Commentators and mortgage holders alike had hoped t

Welsh minister backs review of existing higher stamp duty rates for landlords

Welsh minister backs review of existing higher stamp duty rates for landlords

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Welsh Minister for Climate Change Julie James has backed the NRLAs call for a review of property taxation in the PRS. Speaking at thehttps://www.landlordzone.co.uk/news/breaking-landlords-tell-housing-minister-face-to-face-that-sector-needs-support/" <strong i

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Renting reforms will pose 'serious risk' to self-managing landlords

Renting reforms will pose 'serious risk' to self-managing landlords

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Landlords face considerable risks from self-managing their properties when the Renters’ Rights Bill goes live, according to a letting agent expert.

Rent controls will backfire, landlords warn Scots ministers

Rent controls will backfire, landlords warn Scots ministers

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Scotland’s landlords and letting agents have warned that the country’s imminent rent controls will backfire.

Rent rewards app urges tenants to pay by card not BACS

Rent rewards app urges tenants to pay by card not BACS

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Landlords could soon be paid their rent via credit cards rather than bank transfer after a Spanish company said it plans to launch in the UK.

Renters' Rights Bill - a month on, what's happened?

Renters' Rights Bill - a month on, what's happened?

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It's been just over a month since I last penned my thoughts for LandlordZONE, and in that brief period, the private rental sector has continued to evolve at rapid pace.

Landlord to pay £64,000 fine over 'hidden' HMO

Landlord to pay £64,000 fine over 'hidden' HMO

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A rogue landlord has been handed a whopping £64,000 fine after he was found renting a five-bedroom house to 13 people.

House raffle boss slams UK's 'unaffordable' rental market

House raffle boss slams UK's 'unaffordable' rental market

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A prize company CEO says the UK’s rental stock shortage is driving tenants’ anxiety about rent rises.

Online repairs service for self-managing landlords launched

Online repairs service for self-managing landlords launched

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A new online property maintenance platform aims to help landlords stay on top of repairs, raise standards and attract and retain good tenants.

'Time to fight back against those who say every landlord's bad'

'Time to fight back against those who say every landlord's bad'

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A leading landlord has slammed the pressure groups and campaigns who have been calling recently for landlords to be ‘eradicated’ from the housing market

Lawyers call for 'millions' more for renter representation during evictions

Lawyers call for 'millions' more for renter representation during evictions

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The Law Society of England and Wales has called for a multi-million-pound investment in renters’ representation via legal aid following a rise in eviction numbers.

Minister admits 'errors' within identity system for overseas tenants

Minister admits 'errors' within identity system for overseas tenants

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The Government has admitted that the issuing of Biometric Residence Permits (BRPs), which are used by non-UK citizens to prove they have a right to rent properties, has been taking too long.

Landord fined £1.4m and has rental property confiscated

Landord fined £1.4m and has rental property confiscated

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An absentee landlord has been stung with a £1.44 million penalty after he continually broke planning rules in a decade-long stand-off with Ealing Council.

Report urges Labour to spend £11.8bn on affordable rented homes

Report urges Labour to spend £11.8bn on affordable rented homes

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Building 90,000 social homes a year will end the housing emergency and pay for itself within three years due to the wider economic benefits, according to a study by Shelter and the National Housing Federation.

ADVICE: How to deal with tenants who fake tenancy applications

ADVICE: How to deal with tenants who fake tenancy applications

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Tom Entwistle passes on some thoughts on dealing with tenant selection and securing a good tenant-letting in the current economic climate

Council chases former landlord for tenant's 20-year tax debt

Council chases former landlord for tenant's 20-year tax debt

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A former landlord has been ordered to pay a council tax demand dating back nearly 20 years.

Landlord pays heavy price for ignoring Improvement Order

Landlord pays heavy price for ignoring Improvement Order

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A rogue landlord has been ordered to pay more than £9,000 for ignoring notices to improve his dangerous property.

Major building society stops lending to holiday let investors

Major building society stops lending to holiday let investors

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Leeds Building Society has stopped lending to investors buying holiday lets in areas of North Norfolk and North Yorkshire in a bid to relieve pressure on local housing.

Lords to put letting agents' service quality under spotlight

Lords to put letting agents' service quality under spotlight

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The quality of service provided by letting agents to landlords is under the spotlight again after an influential group within the Lords revealed it is to probe into the sector.

Rebel Tory MPs 'working hard to have renting reform legislation changed'

Rebel Tory MPs 'working hard to have renting reform legislation changed'

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It has been confirmed over the weekend that a group of 49 ‘rebel’ Tory MPs are working hard have the Renters (Reform) Bill amended.

MPs given more details on holiday short-lets clampdown

MPs given more details on holiday short-lets clampdown

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MPs have been given more details of the Government’s plans to clamp down on holiday lets in tourism hotspots following Michael Gove’s announcement this week.

Few councils policing minimum EPC rules or issuing fines

Few councils policing minimum EPC rules or issuing fines

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Minimum energy efficiency standards (MEES) are not being enforced by overstretched councils who cannot keep any income they make from fines imposed for breaches.

HMRC's digital tax reporting scheme to cost landlords £460

HMRC's digital tax reporting scheme to cost landlords £460

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Landlords will have to fork out an extra £460 to use the new Making Tax Digital for Income Tax Self-Assessment system.

Spray foam industry acknowledges problems with 'cowboy operators'

Spray foam industry acknowledges problems with 'cowboy operators'

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Landlords who have used cowboy spray foam firms to insulate their properties are to be offered help by one of the main trade associations for the sector.

Most tenants and landlords say Tory PRS policies 'wrong'

Most tenants and landlords say Tory PRS policies 'wrong'

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A staggering 94% of renters don’t have confidence in the government’s approach to housing, according to a poll by SpareRoom.

Big city council seeks more powers to curb HMOs

Big city council seeks more powers to curb HMOs

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Salford Council wants new powers to help stem the growth of HMOs in the city.

Rees-Mogg savages Tory party's rental sector policies

Rees-Mogg savages Tory party's rental sector policies

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Jacob Rees-Mogg has turned on Tory colleagues by labelling the Renters (Reform) Bill “desperate tinkering at the edges” which won’t help landlords or tenants.

Landlord faces big fine after ignoring HMO planning decision

Landlord faces big fine after ignoring HMO planning decision

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A landlord who ignored a council’s enforcement notice to stop operating an HMO without planning permission has been told to return it to a ‘traditional family home’ or face a huge fine.

Commercial to residential conversions, a new dawn!

Commercial to residential conversions, a new dawn!

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Opportunities for developers and investors in property will open up as new amendments are laid down.

Landlords over 55 turning to Landlord Sales Agency as BTL mortgages grind to a halt

Landlords over 55 turning to Landlord Sales Agency as BTL mortgages grind to a halt

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It’s another week of news suggesting that landlords need to sell. If you’ve not yet considered cutting your loses, this might be the sign it’s time to exit the market, fast.

Minister grilled over conflicting Section 21 evictions ban promises

Minister grilled over conflicting Section 21 evictions ban promises

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Cross-party peers have grilled Housing Minister Baroness Penn over the government’s ambiguous assurance that no-fault evictions would be banned before the general election.

Landlord hit with £45,000 fine over unlicenced HMOs

Landlord hit with £45,000 fine over unlicenced HMOs

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A rogue landlord who ignored requests to raise standards at his two unlicensed properties has been hit with a bill of more than £45,000.

Property investment duo under fire as SFO probes £140m collapse

Property investment duo under fire as SFO probes £140m collapse

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The Serious Fraud Office (SFO) has today raided homes and arrested four people connected to a group of investment companies that left some 1,000 investors out of pocket.

Leading Tory lobbyist warns Gove over Section 21 evictions

Leading Tory lobbyist warns Gove over Section 21 evictions

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A leading Tory lobbyist and political commentator has called on the government to ditch plans for abolishing Section 21 amid fears that it will only worsen the housing crisis.

60% of renters struggling financially and 11% using food banks

60% of renters struggling financially and 11% using food banks

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New research among tenants reveals a bleak picture as the cost-of-living crisis hits home within the private rented sector.

'Airbnb growth is down to Gove's anti-landlord policies' - claim

'Airbnb growth is down to Gove's anti-landlord policies' - claim

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Leading letting agent Marc von Grundherr (pictured) has labelled the government’s crackdown on short lets “ironic”, given its hard line on buy-to-let landlords.