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
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.
Nick Lyons, chief executive of inventory experts No Letting Go give his view on the measures announced yesterday in parliament by Rachel Reeves.
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%.
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.
A rogue landlord has been handed a £7,000 legal bill for renting out three dangerous flats containing a raft of faults.
Generation Rent has urged Chancellor Rachel Reeves to tax landlords harder in her first Budget by making them pay NI contributions.
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 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.
With increasing costs, inflation hovering around the 10 per cent mark and mortgage rates approaching 6 per cent theres lots of talk about increasing rents. Many landlords are unable to absorb these extra costs without going into losses, so for them theres little choice, th
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
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.
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
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
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
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
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
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
Average income from UK property remained relatively stable at about £16,700 between 2017/18 and 2021/22, according to the latest HMRC data.
Encouraging tenants to fit a smart meter should be a top priority for landlords as a way to help them stay debt-free, according to one energy expert.
Anyone investing in commercial property, from small retail shops to offices and workshops should have an understanding of this legislation - the Landlord and Tenant Act 1954
Scottish landlords have vowed to fight on after losing a judicial review of legislation that introduced a contentious rent freeze and eviction ban.
EPC ratings in the PRS don’t appear to be markedly different to those in owner-occupied homes, according to Office for National Statistics data.
The student rental market faces a bleak future unless urgent action is taken to support landlords and make providing rental homes a more attractive proposition.
The NRLA has reached out to leading members of the Renters Reform Coalition to find common ground on key issues.
A pledge by insurance brokers could mean owners of flats in buildings with identified fire safety issues see significantly lower insurance premiums.
A rogue landlord has avoided serving jail time, despite breaching a banning order and being found guilty of harassment.
Gas Safety Checks: Similar the car MOT, where the test can be done ahead of time, while retaining the existing renewal date, landlord gas checks will now be allowed on the same basis, up to 2 months ahead of time
The Justice Committee has launched an inquiry into the work of county courts amid long-standing concerns over capacity and resources.
Ignorance and bad practice around these legitimate deposits is creating one of the biggest areas of illegal activity in the PRS.
A father and daughter who lied about the tenancy of a dangerously overcrowded and unlicensed HMO have lost their appeal.
The government is to end the practice of banding individual rooms in HMOs separately for council tax purposes.
Paragon Mortgages the buy to let specialist admits that there is a challenge from rising rates, but it's not all bad news.
Most landlords are committed to their property portfolios, according to new research from Leaders Romans Group (LRG), with 68% planning to maintain their existing holdings, and 6% set to expand their investments.
Property surveyor, landlord and property show host Phil Spencer says landlords should “hold firm and remember their reasons for investing.”
Housing Minister Rachel Maclean has rejected another call for new tenants to be given two years before landlords can pursue a possession order.
A landlord has been ordered to fork out more than £47,000 for failing to licence his eight rental properties, after ignoring numerous written and verbal warnings.
A landlord leader has backed Southend-on-Sea Council’s crackdown on failing private rented homes.
The number of Right to Rent penalties handed to landlords have tripled so far this year under a crackdown on illegal renting and working.
Property expert Phil Spencer has urged landlords to be reasonable when signing up tenants who get into a bidding war – but recognises that competition is down to market forces.
Housing Secretary Michael Gove has admitted that the Renters Reform Bill won’t help landlords claw back money from absconding tenants.
The government has created a “half-baked cake” in the Renters Reform Bill, leaving the PRS desperate for clarity, says one industry boss.
The Government is looking at how to give landlords more tax breaks in order to reassure those who are looking nervously at the looming radical renting reforms for the sector, changes which are due to sweep in next year.
