The Rishi effect has started to impact mortgage rates just a day after the new PM was announced. As former Chancellor Rishi Sunak moves into number 10, some lenders have announced plans to drop their rates from tomorrow; Coventry Building Society is reducing its new busine
Nottingham landlords could face a �5,000 fine if their property doesnt have an EPC E rating as the city council bids to crack down on cold homes. The authority has agreed to adopt financial penalties under the Energy Efficiency (Private Rented Property in Engla
In this episode of The Property Cast, Eddie and Paul welcome energy expert and Head of Tenancy Services at Goodlord, Rik Smith. Drawing on his in-depth knowledge of the residential energy market, Rik cuts through the jargon to explain what is happening in the energy market at la
In this episode of The Property Cast, we discuss how landlords and agents can stay on top of their legal obligations. Landlords now have to meet 168 rules and regulations to let a property legally, but what are the latest legislative updates that landlords and agents need to kno
The Property Cast returns for 2022 and our first episode discusses what the Governments strategy is to achieve decarbonization of the private rented sector? What is the NRLA doing to support landlords? And what do landlords need to know? Eddie and Paul are joined by CEO of th
With inflation now into double figures, with all the financial shenanigans over the mini budget, the 10 year risk free bond yield at around 5 percent, its sending mortgages rates above 6 per cent, so how low will house prices go? It seems inevitable prices will fall, but by h
A prominent landlord in the North East has told the BBCs Newsnight programme that unless variable mortgage rates reduce he will have to start handing the keys back to the ten or so properties within his portfolio. <figure id="" class="w-richtext-figure-type- " data-rt-type="" da
Outspoken landlord Tina Knight has incurred the wrath of social media users by outlining the sectors eviction headaches on Good Morning Britain. She told presenters Susanna Reid and Richard Madeley that tenants have too much power and described some landlords
The Newcastle headquartered firm Greggs has won an initial High Court ruling in a �150m Covid related case against the insurance company, Zurich. Greggs claim was over its business interruption insurance with Zurich in which the firm claims it is due monetary compensation fo
It is likely that under the Renters’ Rights legislation due in 2025, tenancy documentation will be highly scrutinised before an eviction trial is allowed
The time taken for landlords to evict tenants has increased, latest Government figures show.
Jersey landlords have avoided new rules that would have made imposing blanket bans on keeping pets illegal.
Great Yarmouth is asking landlords for their views on extending selective licensing in the town.
I’m writing this article to highlight the pitfalls landlords can face, and to share what I’ve learned from my experience.
More than a third of tenants looking for a new home aren’t organised to move, despite the fiercely competitive rental market.
Landlords earning more than £20,000 will have to use the Making Tax Digital for Income Tax Self-Assessment by the end of the current Parliament.
PropTech firm Rentals United aims to disrupt the short-let market with a property damage protection service paid for by a small nightly fee.
Policymakers must act to right the wrongs that have been foisted upon the PRS in recent years, says Scottish landlord group.
Landlords should do their homework before voting in the local elections next week and take the chance to quiz candidates on issues affecting the PRS, advises Leaders Romans Group (LRG). It points to a number of pressing local issues which can be determined
A void energy solution and switching service for 'end of tenancy' promises to trim pounds from landlords bills. Empty rental properties incur a range of standing charges that average between 10p and 80p per day for electricity and from 5p to 60p per day for gas, averaging out
Britains demented war on landlords has already backfired�, says Daily Telegraph columnist Matthew Lynn, and There is no sign whatsoever that the Government realises it is to blame,� he says. Furthermore Mr Lynn says that the chaos in the rental market
Labours housing spokesman Lisa Nandy is pushing her plans for a mortgage guarantee scheme as a way to improve the lot of tenants in the PRS. The Shadow Secretary for Levelling Up, Housing and Communities newhttps://twitter.com/lisanandy/status/1649443361613307904?
Propertymark says Scotlands emergency legislation is alienating landlords, discouraging investment, inhibiting supply, and causing rents to rise faster. It reports that while most landlords cant evict tenants following the Cost of Living Act extension, those with tenancies
A new law to crack down on predatory landlords who exploit vulnerable people for sex in return for free or discounted rent is being considered, Home Secretary Suella Braverman (main picture) has announced. Her department is seeking the views of victims, the police and charities
Jersey has launched a consultation into sweeping reforms including rent controls and open-ended tenancies, prompting fears that they could force more private landlords to quit the sector. The islands government aims to increase protections for both tenants and landlords
Companies selling multi-occupancy insurance will have to act in leaseholders best interests under new proposals from the Financial Conduct Authority (FCA). It is demanding new rights and protections to improve the transparency of the multi-occupancy leasehold buildings insura
Landlords have until 1st June to comply with the new and relatively convoluted Rented Homes Wales legislation following its introduction last December. Under the new law, standard contracts have replaced assured shorthold tenancies a
Durham citys parish council has taken the unusual step of asking student landlords to make a voluntary donation towards the cost of cleaning up street waste and discarded furniture. It will ask for a contribution of �52 towards its precept from student landlords to match the
Luton Council is making yet another attempt to bring in two new licensing schemes after a string of false starts amid landlord opposition. Its overview and scrutiny board has agreed to recommend a town-wide additional scheme as well as a selective scheme in South ward, which now
The number of VAT and/or PAYE enterprises operating in the UKs residential and commercial rental sectors climbed 2% in the past year, despite the governments best efforts to deter investment. Analysis of government data by debt advisory firm https://siriusfinance.
A Tribunal judge has warned landlords that unless they have a specific contractual arrangement with their letting agency to keep them abreast of licencing requirements it will - in most circumstances - be the landlord who pays the fine for non-compliance. Judge Phillip Barber ha
There are heavy fines for those landlords who fail to have their rental properties tested by a qualified electrician before letting, and for existing tenancies, or if they fail to comply with any of the important recommendations made in a test report. The landlord will ordinarily have 28 da
Talk of AI is all the rage right now, but have you thought about how you could use this revolutionary new development? ChatGPT is what is known as a natural language processing tool� driven by artificial intelligence (AI) technology that allows human-like conversations. Thi
Landlords and letting agents have told a new poll that the Government must reverse its Section 24 mortgage interest relief tax changes as a priority to get the private rental sector back on track. Rent tech platform Goodlord conducted the research among some 1,500 agents,
Housing secretary Michael Gove has held a roundtable meeting with key representatives from the private rental sector to discuss his departments looming renting reforms, which are expected to enter parliament after the Kings coronation next month. The ten groups attending t
Updated legislation that removes the need for an HMO licence when housing asylum seekers could lower standards in the sector, a legal expert warns. Asylum seeker accommodation will soon be outside the HMO regime in England so that any property used by an Asylum Acc
The Mayor of London has accused private landlords across the UK of taking rent worth �9 billion for homes that are non decent, �1.6 billion of which is paid for via housing benefit. The figure is highlighted as, this morning, Sadiq Khan reveals his PRS research generated
NRLA boss Ben Beadle has urged the government to learn from the awful implementation� of Renting Homes Wales which he labelled a car crash of epic proportions�. Speaking on The Guild of Property Professionalshttps://podcasters.spotify.com/pod/show/guildprop
Two-thirds of private landlords might sell up if they are forced to make EPC upgrades, new research finds. The Mortgage Advice Bureau says 59% would consider selling their property due to not being able to afford the changes needed to meet the minimum level. With an
A landlord in Buckinghamshire is the latest to receive a large fine for operating an unlicenced HMO. Ahmad Kamal Younus, who owns a rental property on Ellsworth Road in High Wycombe, was recently found guilty of five offices Wycombe Magistrate Court by District Judge Sharma, inc
Edinburgh council boss Cammy Day (main pic, right) has admitted that introducing licensing and new planning application rules will result in fewer holiday properties. Speaking to Australian news channel SBS, Day explai
Former housing minister Lord Greenhalgh has expressed doubts that leasehold reforms will be included in the Kings Speech this autumn. In an interview with Leasehold Knowledge, he said that despite being very complex legislation, the background work had been don
Landlords have slammed the Government for its complacent attitude to the Local Housing Allowance (LHA) freeze and its effect on both tenants and landlords. The comments by the NRLA follow an admission by Work and Pensions Minister, Mims Davies MP that he has made no estima
