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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.

Manchester mayor to back role of 'good landlords' in rental sector

Manchester mayor to back role of 'good landlords' in rental sector

News

Manchester mayor Andy Burnham is to make a keynote speech at the NRLA’s annual conference in Birmingham next week.

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Mortgage expert's spoof video warning about property gurus goes viral

Mortgage expert's spoof video warning about property gurus goes viral

News
News
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Opinion
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A leading buy-to-let mortgage expert has launched a TikTok channel to warn property investors about the dangers of ‘gurus’ who say they can make fortunes from ‘passive investments’ in property.

Gove says landlords will face Section 21 ban 'before election'

Gove says landlords will face Section 21 ban 'before election'

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News
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Housing secretary Michael Gove has told theBBC that he will outlaw Section 21 ‘no fault’ evictions before the GeneralElection, which has to take place before the end of January next year.

When Commercial tenants leave, the Dilapidations process needs careful handling

When Commercial tenants leave, the Dilapidations process needs careful handling

News
News
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Dilapidations is a process used in commercial tenancies that needs to be dealt with and dealt with in a professional way, if it is to be effective.

'Cost of landlording' drives 18% rise in BTL repossessions

'Cost of landlording' drives 18% rise in BTL repossessions

News
News
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Opinion
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The cost of renting out properties and high interest rates have pushed up the number of buy-to-let (BTL) mortgages in arrears.

A simple guide to approaching rent increases

A simple guide to approaching rent increases

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If you haven't revisited your tenant's rent lately, it might be time to consider doing so.

'Perfect storm': landlords report big surge in tenant demand

'Perfect storm': landlords report big surge in tenant demand

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News
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Two-thirds of landlords have experienced rising demand for private rented housing - but one-third plan to cut the number of properties they rent.

More money needed to support disabled tenants say landlords

More money needed to support disabled tenants say landlords

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News
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Ministers must commit to uprating grants available to disabled people or many will miss out on vital adaptations, warns the NRLA.

Too many tenants facing eviction lack access to legal aid, say lawyers

Too many tenants facing eviction lack access to legal aid, say lawyers

News
News
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The government’s failure to increase housing legal aid has weakened the justice system and robbed those who face eviction and repossession of help, warns the Law Society of England and Wales.

Shelter slams landlords over increasing Section 21 notice evictions

Shelter slams landlords over increasing Section 21 notice evictions

News
News
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Shelter has attacked landlords for ‘kicking out’ over 26,000 tenants using a Section 21 ‘no fault’ eviction since the Government revealed it would ban this method of regaining possession of a property five years ago.

Half of tenants want 'bills included' but only 12% of landlords offer it

Half of tenants want 'bills included' but only 12% of landlords offer it

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News
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Just over half of tenants surveyed about the cost of living want their rent to include all their utility bills, it has been revealed.

Rogue landlords should have properties confiscated, says MP

Rogue landlords should have properties confiscated, says MP

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News
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Rental homes should be confiscated from private landlords who repeatedly break the rules and exploit tenants, according to the head of the Commons housing committee.

Portfolio landlords proving most resilient to harsher economy

Portfolio landlords proving most resilient to harsher economy

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News
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Despite interest rate hikes battering investor confidence, the UK’s portfolio landlords remain focused on expanding their property portfolios, research from Shawbrook finds.

British Gas says landlords need more grants to go green

British Gas says landlords need more grants to go green

News
News
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Information

British Gas has urged the government to consider a raft of measures aimed at helping landlords increase energy efficiency, including Green Upgrade Relief which lets them deduct green improvements from their annual income.

HALF of landlords say 'no pets or benefits tenants' despite looming law change

HALF of landlords say 'no pets or benefits tenants' despite looming law change

News
News
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At least 44% of landlords won’t let their property to tenants with pets and 15% won’t consider those with children, according to a new Confused.com mortgages poll.

Leaky walls causing the biggest energy loss in UK homes

Leaky walls causing the biggest energy loss in UK homes

Information
News
Podcast
Opinion
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Winter is coming and high energy bills are really focussing attention on to what it takes to properly insulate a home. A well insulated home can make the difference between living in freezing conditions or feeling warm and comfortable this winter.

Landmark rent Rent Repayment Order case to be overturned

Landmark rent Rent Repayment Order case to be overturned

News
News
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The Government has revealed that it intends to overturn this year’s landmark Jepsen vs Rakusen rent repayment order decision in the Supreme Court within its Renters (Reform) Bill.

Student landlords win victory as Government amends reform Bill

Student landlords win victory as Government amends reform Bill

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News
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The Government has published some 100 amendments to its Renters (Reform) Bill including ‘missing parts’ left out of the first draft lodged with parliament earlier this year.

TOM'S GUIDE: Using the Small Claims Court

TOM'S GUIDE: Using the Small Claims Court

Information
News
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Tom Entwistle explains how landlords can proceed when faced with outstanding debts at the end of or even during a tenancy.

Rents racing away including record 6.8% jump in London

Rents racing away including record 6.8% jump in London

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News
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Private rental prices paid by tenants in the UK rose by 6.1% during the 12 months to October 2023, up from 5.7% during the 12 months to September 2023, ONS data shows.

'New landlord portal WON'T remove need for selective licencing'

'New landlord portal WON'T remove need for selective licencing'

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News
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The Chartered Institute of Environmental Health (CIEH) has told MPs that the Government's looming national property portal for landlords won’t diminish the need for selective licencing.

EXPERT: Does guaranteed rent pay better than traditional landlording?

EXPERT: Does guaranteed rent pay better than traditional landlording?

Opinion
News
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Landlords using a guaranteed rent scheme can earn £3,600 a year more than by conventional letting, according to one guaranteed rent provider.

Notice periods should be same for landlords and tenants, experts tell MPs

Notice periods should be same for landlords and tenants, experts tell MPs

News
News
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Granting landlords and tenants the ability to give the same notice periods would prevent the private rented sector “becoming Airbnb by the back door”, NRLA’s chief executive Ben Beadle has told MPs.

Landlords claim victory after council delays licencing schemes

Landlords claim victory after council delays licencing schemes

News
News
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Landlords in Luton claim to have once again persuaded the town’s council to delay its highly controversial additional and selective licencing schemes, the fourth time this has happened in as many years.

20% of short-lets in London are former long-term rentals

20% of short-lets in London are former long-term rentals

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News
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More than 20% of short-term lets advertised in London were previously long-term rentals, according to research by property data platform Propalt.

Councils call for huge fines if landlords evade new eviction rules

Councils call for huge fines if landlords evade new eviction rules

News
News
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Councils are calling for a widening of the conditions under which tenants can claim rent repayment orders (RROs) as part of the Renters (Reform) Bill.

Landlords called out over £80m interest from rental deposits

Landlords called out over £80m interest from rental deposits

News
News
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Opinion
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Letting agents and landlords are benefitting from higher interest rates by reaping more than £80 million this year from billions of pounds’ worth of tenants’ deposits.

Term tenancy are fixed and must be for all landlords

Term tenancy are fixed and must be for all landlords

Opinion
News
Podcast
Opinion
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Information

A leading student accommodation expert has urged the Government to create a level playing field for the sector within the looming Renters (Reform) Bill or face a perfect storm of rising rents and contracting suipply.

Renting reform minister GONE nine months after getting job

Renting reform minister GONE nine months after getting job

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News
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A housing minister appointed just nine months ago by Rishi Sunak has now been asked to stand down during today’s reshuffle triggered by the sacking home Home Secretary Suella Braverman.

Landlords angry over council's property licencing U-turn

Landlords angry over council's property licencing U-turn

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News
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A big NE of England council is considering supplementing its landlord-led scheme with selective licensing in large parts of the town.

Landlord home buying slumps to lowest level for 13 years

Landlord home buying slumps to lowest level for 13 years

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News
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Landlords are selling more homes than they’re buying, according to Hamptons’ monthly letting index, although the sell-off is slowing down.

Debate rages: Will banning Section 21 evictions reduce supply?

Debate rages: Will banning Section 21 evictions reduce supply?

News
News
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Fears that banning section 21 will harm the PRS in England are entirely misplaced, based on contradictory evidence in Scotland, according to The Social Market Foundation (SMF).

Tax liability – how to minimise it as a landlord

Tax liability – how to minimise it as a landlord

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As a landlord, you want to ensure your property business is as profitable as possible – and that means minimising your tax liability, so you don’t pay HMRC any more than you need to. Here are some options that can help you do that.

Tenants using the home to run a business - how safe are you?

Tenants using the home to run a business - how safe are you?

News
News
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The Landlord and Tenant Act 1954 Part II provides security of tenure to tenants of premises occupied for business purposes, or mixed residential and business purposes. Under the provisions of the 54 Act, it is possible for a lease or tenancy of a property, used for both resid

A new wave of investors rush in to buy properties off landlords looking to sell

A new wave of investors rush in to buy properties off landlords looking to sell

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News
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After a slew of bad news, this week’s headlines come as a welcome relief for landlords looking to sell. The Telegraph reported that despite higher rates and regulatory risks around rentals, a wave of new investors had entered the market, stepping in to take portfolios off landlords’ hands.