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Commercial property continues to struggle in a market downturn

Commercial property continues to struggle in a market downturn

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The UK commercial property market is in a downturn right now. As with the wider economy, commercial property is subject to economic cycles

Tenant campaigners call for controls on 'upfront payments'

Tenant campaigners call for controls on 'upfront payments'

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Tenants’ union Acorn has urged Labour to curb ‘upfront payments’ for new tenants to one month’s rent in a bid to make rented homes more affordable.

Council launches innovative solution to housing crisis

Council launches innovative solution to housing crisis

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Milton Keynes City Council has come up with an innovative scheme to top up rents for those moving from temporary accommodation into the PRS.

Renting reforms to have 'unintended consequences' warns agent leader

Renting reforms to have 'unintended consequences' warns agent leader

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Propertymark has warned that the Renters’ Rights Bill poses critical unintended consequences unless the government ensures a fair and balanced approach between landlord and tenant rights.

One of UK's largest portfolio landlords fined £97,000

One of UK's largest portfolio landlords fined £97,000

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A landlord with a string of more than 5,000 rental properties across the UK has been fined a whopping £97,000 over the ‘serious and deliberate’ failure to manage a block of flats in Sheffield.

Investment in the private rented sector unlocked

Investment in the private rented sector unlocked

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NRLA trainer Henry Davis explains how his Key to Property Investment course can help you stay ahead of the game.

Renting reforms will cause 'gridlock' in justice system says Badenoch

Renting reforms will cause 'gridlock' in justice system says Badenoch

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The government has been accused of pressing ahead with renter reform measures that will cause gridlock in the justice system, and pit landlords and tenants against each other in protracted litigation.

Few MPs defend landlords during Renters' Rights Bill debate in Commons

Few MPs defend landlords during Renters' Rights Bill debate in Commons

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Few MPs stood to defend landlords during yesterday’s second reading of the Renters' Rights Bill in parliament, but a few did - with all of them being Conservative.

Landlords 'selling up' ahead of expected CGT rise says RICS

Landlords 'selling up' ahead of expected CGT rise says RICS

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Landlords listing their properties for sale before potential capital gains tax rises are adding to a widening divide between supply and demand, report letting agents from around the UK.

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Greater Manchester plea to sort out broken housing system

Greater Manchester plea to sort out broken housing system

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Housing groups across Greater https://www.landlordzone.co.uk/news/latest-manchester-landlords-given-last-chance-to-comment-on-licensing-expansion/" Manchester have urged MPs and local policymakers to step in and protect tenants from eviction, warning that the system is no

Commercial landlords struggle to see return on their investment

Commercial landlords struggle to see return on their investment

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Commercial capital property values fell 13% last year as rising interest rates impacted the sector, with industrial units taking the biggest hit. https://www.cbre.co.uk/" CBRE s monthly figures show values down 3% in December and annual total returns down by

Tenants forking out more for homes as rental price rises bite

Tenants forking out more for homes as rental price rises bite

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Private renters are facing an increase in housing costs, with rental price growth at its highest rate in the UK since records began in 2016. About a quarter (26%) of all renters (both private and social) surveyed between 7th and 18th December reported that their rent payments ha

BLOG: Ignoring deposit protection law can ruin some landlords - so seek advice

BLOG: Ignoring deposit protection law can ruin some landlords - so seek advice

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As landlords, we all know there is a wealth of legislation that we need to wrap our heads around to maintain compliance throughout the lifespan of a tenancy. Gas safety, energy efficiency, electrical safety, legionella risk assessments, insurances, prohibited payments, How to Rent, Right to

Landlords can no longer obstruct broadband upgrades

Landlords can no longer obstruct broadband upgrades

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New laws will make it easier for broadband companies to gain access to thousands of https://www.landlordzone.co.uk/news/latest-mps-gives-tenants-new-rights-to-have-high-speed-broadband-kit-installed-in-blocks/" blocks of flats across England and Wales. The Tel

Helping homeless to move on could be right up landlords' street

Helping homeless to move on could be right up landlords' street

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Landlords are being encouraged to donate the addresses of their vacant properties as part of a unique bid to stem homelessness. Dreamt up by architect Chris Hildrey, https://www.proxyaddress.co.uk/" ProxyAddress allows people to securely borrow a stable, donat

December dip makes small dent in rising house prices

December dip makes small dent in rising house prices

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Average house prices fell by -1.5% in December, while the annual growth rate dropped from +4.6% to +2.0%, according to the Halifax House Price Index. A typical property now costs �281,272 - down from �285,425 in November following six months of rapid growth during the firs

Industry finds holes in energy scheme's bid to cut bills

Industry finds holes in energy scheme's bid to cut bills

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Propertymark has voiced fears that the governments ECO plus scheme risks excluding many landlords with low-rated properties. In its response to the Department for Business, Energy and Industrial Strategys consultation into the scheme to help fund home insulation, the indus

Get a move on with PRS reforms, council tells Gove

Get a move on with PRS reforms, council tells Gove

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Cherwell District Council has pressed the government to urgently introduce the long-awaited Renters Reform Bill to help it rebalance the relationship between landlords and tenants. The north Oxfordshire authority has written to Housing Secretary Michael Gove asking him to bring

PROBE: Will new pets rules in reform bill apply to existing or only new tenancies?

PROBE: Will new pets rules in reform bill apply to existing or only new tenancies?

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Confusion surrounds the governments plans to introduce https://www.landlordzone.co.uk/news/blog-will-the-looming-pets-in-lets-rules-prove-pervasive/" pets in lets measures, with conflicting messages coming from the DLUHC. It has confirmed that the new

Parliamentary petition launches to save Assured Shorthold Tenancies

Parliamentary petition launches to save Assured Shorthold Tenancies

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A new Parliamentary petition has been set up urging the government to ditch plans to remove assured shorthold tenancies. The LandlordZONE reader, who has a portfolio of properties in Yorkshire and Lancashire, was prompted to take action as he fears it could be the final nail in

Surveyors report surge in landlords selling up across UK

Surveyors report surge in landlords selling up across UK

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Almost two-thirds of surveyors have witnessed rising numbers of buy-to-let landlords looking to sell their properties. The https://www.rics.org/" Royal Institute of Chartered Surveyors (RICS) reports that a similar number have seen a drop in the level of inter

COMMENT: Why are property values going down for the first time in ten years?

COMMENT: Why are property values going down for the first time in ten years?

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The Halifax revealed today that house prices have fallen on an annual basis for the first time since December 2012, by 1%. This means the average house value has declined by �132 which may not sound a lot but represents a seismic change after years of ultra-low interest rates p

LATEST: London borough gives green light to big new HMO licencing scheme

LATEST: London borough gives green light to big new HMO licencing scheme

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Redbridge Council in North London has given the go-ahead for a new borough-wide additional HMO licensing scheme. The scheme extends licensing to all HMOs with three or more tenants forming two or more households after the authoritys consultation disco

NEW: 'Landlords who make sex for rent demands should be banned for life'

NEW: 'Landlords who make sex for rent demands should be banned for life'

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Estate agents have called for landlords who advertise sex for rent to be banned from the PRS for life. In its response to the governments https://www.gov.uk/government/consultations/exchange-of-sexual-relations-for-accommodation-sex-for-rent#:~:text=The%20consultatio

What do the falling house prices mean for landlords?

What do the falling house prices mean for landlords?

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May has brought more bad news for some landlords with the Nationwide Building Society reporting a 3.4% drop in house prices in the year to May 23 and interest rates that are expected to rise to 5.5.% later this year.

Landlords with 20 properties or more are choosing to sell with these portfolio exit specialists

Landlords with 20 properties or more are choosing to sell with these portfolio exit specialists

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This year our economy, regulations and taxes were the final straw that led landlords rushing to sell off their portfolios to beat the market drops, mortgage versus rent gaps a

Airbnb to give rental income data to HMRC, short lets landlords warned

Airbnb to give rental income data to HMRC, short lets landlords warned

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Airbnb is to share data with the taxman on its hosts earnings going as far back as the 2017-18 financial year, a new warning on its website reveals. The information will help HMRC identify those making money from letting their properties without declaring it, who then face cr

BREAKING: Welsh Government is 'looking at rent control options'

BREAKING: Welsh Government is 'looking at rent control options'

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The Welsh Government has launched a consultation on fair rents and adequate housing within which housing minister Julie James (main picture) reveals she is considering rent controls. The https://www.gov.wales/sites/default/files/consultations/2023-06/housing-adequ

BLOG: Ministers MUST reconsider periodic tenancy plans for students

BLOG: Ministers MUST reconsider periodic tenancy plans for students

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Last year saw worrying housing shortages in a number of university cities in the UK. In Leeds we were turning away larger than usual numbers of students at the back end of the summer as there were simply no rooms available. Even before the proposed changes under thehttp

Concerns over loan defaults as office and retail tenants fail to renew leases

Concerns over loan defaults as office and retail tenants fail to renew leases

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Persistent home working is affecting office occupancy rates and is leading commercial tenants to fail to renew their office leases. Ghost city streets have emerged post pandemic as occupancy rates hit a new low. In the UK it has been reported that these office space rates could

NEW: London's bailiff service problems spreading to other areas of UK says expert

NEW: London's bailiff service problems spreading to other areas of UK says expert

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Following our storyhttps://www.landlordzone.co.uk/news/breaking-evictions-grind-to-a-halt-as-bailiffs-reduce-workload-over-health-and-safety/" https://www.landlordzone.co.uk/news/breaking-evictions-grind-to-a-halt-as-bailiffs-reduce-workload-over-health-and-safe

NEW: Property educators urged to join reform group's first national summit

NEW: Property educators urged to join reform group's first national summit

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Property educators are being urged to collaborate, learn, and shape the future of property education at The Property Investors Bureau Property Educators Summit. The invitation-only industry event aims to improve standards, foster collaboration, and add value to their business by

AGENT: London rental market to be 'most competitive ever' this summer

AGENT: London rental market to be 'most competitive ever' this summer

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Prospective tenants flooding into London this summer along with the continued shrinkage in property numbers is set to create one of the most competitive rental markets ever seen. May bank holiday is when many 12-month and 18-month tenancies come to an end, explains Adam

BLOG: Will the looming 'pets in lets' rules prove pervasive?

BLOG: Will the looming 'pets in lets' rules prove pervasive?

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In the third in a series of blogs for&nbsp;LandlordZONE&nbsp; on rental reform,&nbsp;Sean Hooker , Head of Redress at the&nbsp;https://www.theprs.co.uk/" <em

Illegal evictions increasing 'dramatically' says leading tenancy group

Illegal evictions increasing 'dramatically' says leading tenancy group

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Illegal evictions and harassment by rogue landlords are increasing as tenants struggle to pay their rent and some landlords resort to criminal means to remove tenants as the court system falters and some landlords seek to exploit soaring rents, according to Safer Renting. Figure

LAW: Agent faces �10,000 bill after licencing fine appeal rejected

LAW: Agent faces �10,000 bill after licencing fine appeal rejected

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A managing agent who failed to licence a property has had his appeal thrown out by a First Tier Property Tribunal. Taren Lamba tried to convince the judge that he was not in control of the property in Kenwood Road, London (main picture) by insisting that a

EXCLUSIVE: Evictions halted as bailiffs down tools over safety concerns

EXCLUSIVE: Evictions halted as bailiffs down tools over safety concerns

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Landlords face even longer waits than normal to evict tenants in London after two big landlords were told that bailiff operations are to be suspended for the foreseeable future. This unusual situation has been blamed by officials on now confirmed health and safety reaso

EPCs: Leading mortgage lender to help landlords upgrade properties

EPCs: Leading mortgage lender to help landlords upgrade properties

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A new Home Energy Efficiency Tool promises to help landlords and homeowners make their homes more energy efficient and reduce bills. The Nationwide Building Society initiative aims to provide information about their current energy use and will then outline the cost, energy or ca

New Property Portal will be 'gold mine' for HMRC snooping, warns lawyer

New Property Portal will be 'gold mine' for HMRC snooping, warns lawyer

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A law firm has warned that the looming property portal will be a gold mine for tax investigators who are likely to focus on accidental landlords rather than rogue operators. The new landlord database proposed by the Renters (Reform) Bill could expose those landlords who may - p

OPINION: Rental Reform '� will it work in England?

OPINION: Rental Reform '� will it work in England?

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Across the UK nations theres been a rolling programme of rental reform, one new tenancy regime after another, but has any of this really worked for the benefit of tenants or landlords? We dont yet know the final form the Renters (Reform) Bill will take, theres a long wa

BREAKING: Scotland extends rent cap and evictions freeze until March 2024

BREAKING: Scotland extends rent cap and evictions freeze until March 2024

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Landlords in Scotland face further pain after it was announced today that it will for a second time extend the rent cap and evictions freeze first introduced in October last year to help combat rising inflation. The measures within the Cost of Living (Tenant Protec

HMO landlord loses landmark appeal against ban and £22,000 fine

HMO landlord loses landmark appeal against ban and £22,000 fine

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A rogue landlord has lost a landmark case after she failed to convince an Upper Tribunal to overturn her banning order. <figure id="" class="w-richtext-figure-type- " data-rt-type="" data-rt-align=""><div><img src="https://cdn.prod.website-files.com/63bef2f3c329eff8e3a4af45/64cb99f6e035517f

Lenders pull BTR mortgages as Bank of England threatens more rate rises

Lenders pull BTR mortgages as Bank of England threatens more rate rises

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Landlords have increasingly fewer BTL mortgages to choose from as lenders withdraw products amid a rise in average fixed rates. Moneyfacts reports that since the beginning of last week, the number available has dropped from 2,748 deals to 2,343 while the average rate on two- and