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Investors rush to convert office space as homeworking re-shapes the marketplace

Investors rush to convert office space as homeworking re-shapes the marketplace

News

According to the Financial Times (FT), property investors have pumped around �2bn into converting under-used and unwanted London office space as the trend to Working from Home (WfH) continues, and as it looks like becoming an embedded employment practice in many inner city o

FINES: Repeat offender to pay £49,000 over HMO safety failures

FINES: Repeat offender to pay £49,000 over HMO safety failures

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A management company has been ordered to pay out more than £49,000 for fire safety failures at an HMO. Monsoon Properties Ltd admitted breaches relating to a range of issues at the flat in Londons Tavistock Place, including inadequate fire detection system, obstructions to t

MARKET: High rents consign younger tenants to the house of mum and dad

MARKET: High rents consign younger tenants to the house of mum and dad

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First-time renters accounted for just 4.6% of new tenancies during the first five months of the year, as more would-be tenants rely on the hotel of Mum and Dad. With average monthly rents topping �1,000, young adults can save �12,290 by living rent-free with their parents each

LATEST: Bailiff freeze spreads to another big County Court in London

LATEST: Bailiff freeze spreads to another big County Court in London

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A large County Court in London has written to its legal clients to warn them that some of their scheduled evictions face being cancelled or rescheduled. The announcement has been made by the Civil and Family Court in Barnet (main picture), one of the major hubs handling eviction

Landlord defeats HUGE rent repayment claim by tenants who owe HER �17k

Landlord defeats HUGE rent repayment claim by tenants who owe HER �17k

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A landlord in Dartford has batted off a huge rent repayment order (RRO) claim made by her tenants after a judge dismissed the case during a virtual Property Tribunal hearing. Manjit Sanghera, who co-manages the family detached property on the outskirts of the Kentish town with h

Campaigners call for crack down on failing PRS properties and landlords

Campaigners call for crack down on failing PRS properties and landlords

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Campaigning group the London Renters Union is targeting landlords in London by urging councils to come down much harder on failing properties. It has launched an action plan in Brent, detailing how the local authority should hold landlords accountable for more than 10,000 privat

Should Landlords Sell Their Buy-To-Let Properties in 2023?

Should Landlords Sell Their Buy-To-Let Properties in 2023?

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The buy-to-let market has long been an attractive investment avenue for those seeking steady income, but the increasing burden on landlords from legislative changes, market co

Quitting landlords could fuel further drop in house prices

Quitting landlords could fuel further drop in house prices

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Buy-to-let landlords will influence https://www.landlordzone.co.uk/sponsored/what-do-the-falling-house-prices-mean-for-landlords/" house prices if a large number choose to sell up, according to rating agency Moodys. The firm is predicting that prices will f

Holiday home owners top the rental income chart

Holiday home owners top the rental income chart

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The average annual https://www.landlordzone.co.uk/news/battle-over-holiday-lets-hots-up-as-campaigning-mp-holds-meeting/" holiday let income exceeded buy-to-let income for the first time in 2020-21, reaching �15,600 compared with �13,400, according to HMRC.

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Leading research institute slams Chancellor over stamp duty hike

Leading research institute slams Chancellor over stamp duty hike

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The Institute for Fiscal Studies (IFS) has slammed the Stamp Duty rise for landlords, warning that tenants will suffer as a result of the Budget announcement.

Bringing back empty rental homes should be 'biggest priority' says landlord

Bringing back empty rental homes should be 'biggest priority' says landlord

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Landlords should be encouraged to renovate and repurpose their empty properties to help resolve the housing crisis, according to one landlord.

Landlord to return deposit after odd attempt to charge for letters

Landlord to return deposit after odd attempt to charge for letters

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A landlord has failed in a bizarre attempt to withhold her tenant’s deposit by billing hundreds of pounds for writing letters and taking photographs.

New Local Housing Allowance freeze is 'nonsensical' say landlords

New Local Housing Allowance freeze is 'nonsensical' say landlords

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The government’s decision to freeze housing benefit rates next year, leaving private tenants facing financial hardship, has been labelled “nonsensical”.

Autumn Budget – A Halloween Horror Story

Autumn Budget – A Halloween Horror Story

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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

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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'

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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?

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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%

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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.

Landlords urge caution as new housing minister plans reforms

Landlords urge caution as new housing minister plans reforms

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Jersey’s private landlords have urged the island’s new Housing Minister to find the right balance when he revives stalled protections for landlords and tenants.

Labour landslide 'best outome for PRS' says landlording expert

Labour landslide 'best outome for PRS' says landlording expert

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A Labour landslide could be a better outcome for buy-to-let landlords than if the party wins the next election by a small majority, according to a leading property guru.

Interest rate hold: Will landlord mortgage costs now go down?

Interest rate hold: Will landlord mortgage costs now go down?

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The base interest rate used by many lenders to determine mortgage costs for landlords is to be held at 5.25% for the fourth time in a row, the Bank of England’s Monetary Policy Committee has decided today.

Council reassures landlords over problems with licence system

Council reassures landlords over problems with licence system

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Southwark Council has reassured landlords that they won’t be lose out on an early bird discount after they reported problems accessing its updated online licensing system.

Support landlords with tax breaks says leading estate agent

Support landlords with tax breaks says leading estate agent

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A leading agent has urged the government not to rely solely on private landlords’ resilience if it wants to stop more from quitting the sector.

Labour vows to make private landlords adopt 'Awaab's Law'

Labour vows to make private landlords adopt 'Awaab's Law'

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Labour will extend ‘Awaab’s Law’ into the private rented sector if it wins power at the next General Election, its Deputy Leader Angela Rayner has revealed.

Legal case: the largest ever service charges dispute

Legal case: the largest ever service charges dispute

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The exact wording in leases is so very important when it comes to landlord - tenant disputes with commercial and residential property leases

Government to spend £70bn housing benefit tenants in private rented homes

Government to spend £70bn housing benefit tenants in private rented homes

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The extent of the Government’s reliance on private landlords to provide housing for those on benefits after years of under-investment in affordable homes has been revealed.

BREAKING: Government to bar problem tenants from social housing

BREAKING: Government to bar problem tenants from social housing

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A proposed shake-up of social housing would tighten allocation rules and allow landlords to get tougher on anti-social tenants.

Will landlords get some (tax) relief during the Spring budget?

Will landlords get some (tax) relief during the Spring budget?

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Signs that landlords may see their tax bill reduced during the Spring Budget on March 6th have emerged from parliament following a question in the Lords.

Half of councils don't talk to local landlords, probe reveals

Half of councils don't talk to local landlords, probe reveals

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A lack of council-organised landlord gatherings could hamper the Renters Reform Bill’s ambitions, according to Propertymark.

UPDATED: Anti-social behaviour is a nightmare for landlords to deal with

UPDATED: Anti-social behaviour is a nightmare for landlords to deal with

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Problem tenants are difficult to deal with for landlords at the best of times. The government's promise to introduce a fast-track process to deal with anti-social behaviour sounds promising, but can it work in practice?

Tenants warned over using 'no-win, no-fee' legal firms against landlords

Tenants warned over using 'no-win, no-fee' legal firms against landlords

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Tenants have been urged to be wary of ‘no-win, no-fee’ solicitors who deal with private rental sector cases after an almost farcical case in London.

New rental property portal 'must include accessibility info' say campaigners

New rental property portal 'must include accessibility info' say campaigners

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Disability rights groups have called on the government to include information about accessibility for disabled people on its new property portal due to go live next year.

NRLA and property fraud service reveal partnership

NRLA and property fraud service reveal partnership

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A service that alerts landlords when fraudulent tenants try to ‘steal’ their properties via title fraud has struck a deal with the National Residential Landlords Association (NRLA).

City claims aggressive licencing scheme has cost landlords £250,000

City claims aggressive licencing scheme has cost landlords £250,000

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Sheffield Council has boasted that up to 800 people have been protected from risky buildings thanks to its selective licensing scheme after landlords were told to spend £250,000 doing up properties.

Leading education thinktank slams Government's rental reforms

Leading education thinktank slams Government's rental reforms

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The Renters (Reform) Bill will reduce rather than enhance housing rights for students, according to the former CEO of student housing charity Unipol.

Big council to spend £19m finding benefit tenants private rental homes

Big council to spend £19m finding benefit tenants private rental homes

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Liverpool Council aims to source 400 private sector properties in a bid to house growing numbers of homeless people in the city.

Some renters' terrible behaviour revealed by new tenancy breach research

Some renters' terrible behaviour revealed by new tenancy breach research

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The key tenancy breaches by tenants reported by landlords have been revealed with non-payment of rent, dirty homes and failing to report repairs and maintenance issues as the most common.

Landlord reveals 20-year slog to a £6m rental portfolio

Landlord reveals 20-year slog to a £6m rental portfolio

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An ambitious landlord who bought his first property aged 18 now has an impressive property portfolio worth £6 million 20 years later.

Agents report unusually quiet rental property market

Agents report unusually quiet rental property market

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Fewer would-be tenants registered with letting agents in December, while rental stock levels also dipped during the typically quieter seasonal period.

BBC probes complaint against infamous Scots landlord

BBC probes complaint against infamous Scots landlord

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A tenant has told of how a man – who he believes is landlord and controversial businessman Mark Fortune – threatened him over a rent row.

'Scrap extra Stamp Duty for landlords to solve rental crisis'

'Scrap extra Stamp Duty for landlords to solve rental crisis'

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The Chancellor has been urged to scrap the extra Stamp Duty paid by landlords when buying properties after new research shows the extra activity within the PRS - if it was scrapped - would generate an extra £10 billion in tax revenue for the Government.

Airbnb warns landlords over new HMRC reporting rules

Airbnb warns landlords over new HMRC reporting rules

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The tax net is closing in on property owners who use short-let platforms to earn rental income from their portfolios but not pay tax on it, Airbnb has warned.

Landlords slam Scotland's latest rent controls measures

Landlords slam Scotland's latest rent controls measures

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Scottish landlords say the country’s new 'rent arbitration scheme' which for most people is rent controls by the back door, will only exacerbate existing problems and worsen access to housing.