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Warning: Approach 'sourced property deals' with caution, latest case shows

Warning: Approach 'sourced property deals' with caution, latest case shows

News

A company specialising in sourced property deals for investors has been expelled from the https://www.theprs.co.uk/" Property Redress Scheme (PRS) and can no longer trade legally. Sourced Properties Group (SPG) Ltd, which was until now a PRS member, had been t

Sharp decline in UK commercial property investment

Sharp decline in UK commercial property investment

News

The amount of money flowing into UK commercial property fell across all sectors, particularly industrial, but also offices and retail, thats according to market analysis carried out by debt advisory specialists, Sirius Property Finance. And office values - secondary in partic

Reform and rate rises force investors to play the long game

Reform and rate rises force investors to play the long game

News

Landlords who are relatively heavily leveraged and achieving gross yields much below 5% could be better off reducing their mortgage balance than purchasing another property, according to new market analysis. Hamptons annual overview of the rental market explains that higher i

Leading landlord tells TV star about challenging financial climate for PRS

Leading landlord tells TV star about challenging financial climate for PRS

News

Property commentator Vanessa Warwick has admitted that she is one of the many landlords impacted by rising interest rates. Speaking to Phil Spencer on https://www.youtube.com/watch?v=kVVD6yVZlcc" Move iQs Property Podcast , the co-founder of PropertyTribes s

Landlord pays price for fire safety breach at failing HMO

Landlord pays price for fire safety breach at failing HMO

News

A landlord has been ordered to pay out more than �10,000 for breaching safety regulations at his large HMO. Amonbir Mander had turned the London Hotel in Stroud into an https://www.landlordzone.co.uk/news/legal-expert-warns-over-move-to-exclude-asylum-seeker-hmos-from-

Cash boost for mortgages platform helping tenants buy their own homes

Cash boost for mortgages platform helping tenants buy their own homes

News

Wayhome has raised �8 million

REVEALED: Name of landlord facing �115,000 fine for unlicensed HMOs

REVEALED: Name of landlord facing �115,000 fine for unlicensed HMOs

News

A rogue landlord has been fined a whopping �115,181 for operating four poorly run and unlicensed HMOs. West Northamptonshire Councils private sector housing team inspected the four properties, including one at 93 St Michaels Road, Northampton (pictured), in March 2020 under

Landlords who evict illegally should be banned from sector, says Citizens Advice

Landlords who evict illegally should be banned from sector, says Citizens Advice

News

Citizens Advice Scotland (CAS) is calling for a ban on landlords who evict tenants illegally as part of a strategy to clean up the private rented sector. Landlords can only be included on Scotlands landlord register if they pass a councils fit and proper person test an

BREAKING: New draft law reveals how 'occupation contracts' will work in Wales

BREAKING: New draft law reveals how 'occupation contracts' will work in Wales

News

The Welsh Government has published the draft legislation that will change the terms of converted contracts and any renewals that replace them within the private rented sector. This is the mechanism that will replace ASTs in Wales and replace them with occupation contracts,

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Landlord fined £10,000 over failure to do £169 safety check

Landlord fined £10,000 over failure to do £169 safety check

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Booking in a five-yearly Electrical Safety Installation Certificate (ESIC) check for your rented property often seems like one of the plethora of minor tasks on the ‘to do’ list.

Higher BTL repossessions making rental shortage worse says Law Society

Higher BTL repossessions making rental shortage worse says Law Society

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An increase in buy-to-let repossessions is exacerbating the rental supply shortage and leaving evicted families without legal aid needed to fight their case.

'We're seeing mostly older landlords selling up' says agency boss

'We're seeing mostly older landlords selling up' says agency boss

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An exodus of older landlords is paving the way for build-to-rent investors and younger landlords looking to capitalise on higher yield properties, according to a big estate agency boss.

Landlord property repossessions continue upward trajectory

Landlord property repossessions continue upward trajectory

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At least 710 buy-to-let mortgaged properties were repossessed in the second quarter of the year, 13% up on the previous quarter and 51% up year-on-year.

OpenRent and Rightmove's 'war of words' ends with new deal

OpenRent and Rightmove's 'war of words' ends with new deal

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Online lettings firm OpenRent and Rightmove have signed a new property listings deal after several weeks of corporate brinkmanship over fees.

COURTS: Time to evict a tenant jumps 15% to 25 weeks

COURTS: Time to evict a tenant jumps 15% to 25 weeks

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The average time from claim to landlord repossession has jumped to 25.4 weeks, up from 22.1 weeks in the same period in 2023, according to the latest government figures.

'Supply of rented property thinning out, and Labour's not helping'

'Supply of rented property thinning out, and Labour's not helping'

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News
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Gloomy letting agents have reported a fall-off in private rentals coming onto the market around the country.

How to turn non-profitable headache portfolios into slick, high profit machines again

How to turn non-profitable headache portfolios into slick, high profit machines again

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Landlord Sales Agency has been touted as the UK’s best company for landlords to go to who are looking to increase the profits of their property portfolios.

Reeves dodges ruling out CGT increases for landlords

Reeves dodges ruling out CGT increases for landlords

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Chancellor of the Exchequer Rachel Reeves has refused to rule out increasing capital gains tax for landlords selling their rental properties during interview with a US business TV channel.

Landlord fined thousands AGAIN for same offence in same building

Landlord fined thousands AGAIN for same offence in same building

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A rogue landlord firm has been handed a £18,300 fine for letting out an unsafe, unlicensed property - only three months after being fined for the same offence in the same building.

Concern mounts over Government's 'weak' leasehold reforms

Concern mounts over Government's 'weak' leasehold reforms

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New leasehold reform legislation faces tough scrutiny from MPs and leasehold groups who are frustrated by an expectation that it will only cover houses, not flats.

Goverment tax grab on landlords prompts a third to go 'limited'

Goverment tax grab on landlords prompts a third to go 'limited'

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A third of landlords who own rental property in their personal name plan to incorporate their portfolio into a limited company structure within the next three years, according to Paragon Bank.

Landlord to pay £8,000 after ignoring 'shed with bed' prohibition order

Landlord to pay £8,000 after ignoring 'shed with bed' prohibition order

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Rogue landlords who assume they can convert outbuildings into ‘sheds with beds’ have been reminded of the likely fines they will face following a shocking case in Hertfordshire.

LATEST: Renting reforms to be within tomorrow's King's Speech

LATEST: Renting reforms to be within tomorrow's King's Speech

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The Prime Minister has confirmed that the Renters Reform Bill will be carried over to the next Parliament, as part of this week’s King’s Speech.

Subletting by tenants on Airbnb now 'growing problem' says NRLA

Subletting by tenants on Airbnb now 'growing problem' says NRLA

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The National Landlords Association (NRLA) has backed claims that the buy-to-let sector faces a significant subletting epidemic following an investigation by a national newspaper.

Can the leasehold system in England be easily changed?

Can the leasehold system in England be easily changed?

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Plans to phase out leaseholds, a reform is to feature in the King’s Speech on 7 November

Landlord's 'sham' defence fails to avoid licensing fine

Landlord's 'sham' defence fails to avoid licensing fine

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News
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A professional landlord who tried to dodge responsibility for his HMO has been ordered to pay two former tenants more than £10,000.

Edinburgh housing services at breaking point

Edinburgh housing services at breaking point

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News
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Edinburgh councillors have declared a housing emergency in a bid to force Holyrood to boost funding.

Welsh tenants see bigger annual rent rise

Welsh tenants see bigger annual rent rise

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News
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Private tenants in England were most likely to face a rent hike in the last year, while tenants in Wales saw a larger average increase.

Extra landlords boost property income tax pot

Extra landlords boost property income tax pot

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News
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Average income from UK property remained relatively stable at about £16,700 between 2017/18 and 2021/22, according to the latest HMRC data.

Why it's smart to keep track of energy use

Why it's smart to keep track of energy use

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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.

Landlord and Tenant Act 1954

Landlord and Tenant Act 1954

Information
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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

Court rejects challenge to Scottish rent controls

Court rejects challenge to Scottish rent controls

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Scottish landlords have vowed to fight on after losing a judicial review of legislation that introduced a contentious rent freeze and eviction ban.

Landlords and homeowners face similar retrofit challenge

Landlords and homeowners face similar retrofit challenge

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News
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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.

Student accommodation facing 'unprecendented problems' warns expert

Student accommodation facing 'unprecendented problems' warns expert

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News
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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.

'Join us don't fight us' landlord leader tells campaigners

'Join us don't fight us' landlord leader tells campaigners

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News
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The NRLA has reached out to leading members of the Renters Reform Coalition to find common ground on key issues.

Insurance costs set to drop for leasehold properties

Insurance costs set to drop for leasehold properties

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News
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A pledge by insurance brokers could mean owners of flats in buildings with identified fire safety issues see significantly lower insurance premiums.

Landlord handed £18,000 fine for banning order breach

Landlord handed £18,000 fine for banning order breach

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News
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A rogue landlord has avoided serving jail time, despite breaching a banning order and being found guilty of harassment.

New rules on Gas Safety Checks give more flexibility

New rules on Gas Safety Checks give more flexibility

Information
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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

County courts inquiry to probe slowdown in cases

County courts inquiry to probe slowdown in cases

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News
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The Justice Committee has launched an inquiry into the work of county courts amid long-standing concerns over capacity and resources.

Letting agents 'falling foul of holding deposit rules'

Letting agents 'falling foul of holding deposit rules'

Information
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Ignorance and bad practice around these legitimate deposits is creating one of the biggest areas of illegal activity in the PRS.

Family's tax ploy ends in £10,000 fine

Family's tax ploy ends in £10,000 fine

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News
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A father and daughter who lied about the tenancy of a dangerously overcrowded and unlicensed HMO have lost their appeal.

Ministers back council tax change for HMO landlords

Ministers back council tax change for HMO landlords

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News
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The government is to end the practice of banding individual rooms in HMOs separately for council tax purposes.

Ignore the buy-to-let doom mongers says Paragon

Ignore the buy-to-let doom mongers says Paragon

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News
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Paragon Mortgages the buy to let specialist admits that there is a challenge from rising rates, but it's not all bad news.