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.
A landlord in Mansfield has been ordered to pay a �17,000 penalty after renting out a sub-standard and unlicensed HMO. The landlord, who was investigated by Mansfield District Council officers after a complaint about alleged overcrowding, was found not to
Landlords and student groups have teamed up to tidy Leedss streets during student changeover week. The city hosts about 37,000 students, the vast majority of whom will move house each year at the same time, leaving behind large amounts of rubbish, overflowing bins, furniture
A twenty-something entrepreneurial pair aim to shake up the HMO sector by building on their upmarket guaranteed rent model. Liverpool-based Cosi Living founders Joe Duggan , 24 and Olivia Maher , 25, (main picture) only rented their fi
Omitting BTL landlords from the governments mortgage charter will only hurt supply and push up rents as landlords are forced to pass on their costs, says Labour. The new agreementhttps://www.youtube.com/watch?v=B_76Y3b2cjM" https://www.youtube.com
A tenant who failed to convince a judge that his landlord did not give him statutory tenancy deposit information is taking his case to the High Court. Merryck Lowes application relating to a claim for �120,888 against charitable landlord, the Governors of Suttons Hosp
Landlords should pay more tax to balance inequalities within the tax system, according to the Resolution Foundation. The think-tanks new report points out that while the top tax rate for employees stands at 53.4% including employer NICs, only 28% is paid on property gains. </
Are you confident your buildings will meet the coming changes to energy performance rules? Energy Performance Certificate (EPC) legislation has been in statute since 2008. Since then there has been a progression of increasingly stringent regulations to cajole property owners to
Landlords buying properties via personal buy-to-let mortgages are facing greater stress testing of their affordability as economic jitters unsettle lenders, it has been revealed. Financial expert Louisa Sedgwick (main picture) from broker ht
Despite previously saying it would consider rent controls, Labours shadow housing minister Lisa Nandy has now confirmed that the party now opposes them, it has been reported. Speaking at the Chartered Institute of Housings conference today, Nandy told delegates that the po
A free service that helps landlords manage their portfolios more profitably but also sell individual properties to sitting tenants through an innovative funding model has secu
Bolton council has revealed its intention to begin a coordinated campaign to rein-in the creation of more HMOs within its boundary including via planning and parking rules and
Bidding wars, tenant CVs, queues outside properties � these phenomena have become common in the rental market across Britain.� So runs the editorial in this week's Su
The Home Office has revealed plans to hugely increase the level of fines that landlords can face if they are found to have not checked tenants properly to see if they have the
A landlord in the North West has been handed a �36,000 fine after a fire at his property revealed it had not been licenced.
Warwick is the latest local authority planning to more than double the size of its HMO licencing scheme, starting in January 2024. This follows a public consultation earlier t
Official figures out today revealing a huge increase in capital gains tax paid on residential property sales can be explained by more landlords than usual selling rental homes
Landlords have warned the Bank of England that its decision to raise the base rate by a quarter of a percent to 5.25% will only put more pressure on to renters and buy-to-let
The rental market in the UK has undergone something of a revolution in recent years, with a significant shift away from permanent or long-term renting towards Airbnb style hol
Landlords operating good-quality and well managed rented properties and who are of good character should fight unfair council fines for failing to licence properties, an unusu
Higher taxes and the pandemic have significantly increased the number of landlords starting up limited companies rather than owning and operating properties personally, new re
The average rent for a property in the UK has hit a historic high of �1,367 a month, helping push void periods between tenancies down to their lowest ever, an average of nine
There is a burning issue within the rented homes market that is grossly unfair on private landlords and that is never discussed by politicians or the trade associations that o
Being ignorant of landlord law is no defence, a brutal legal point that has cost a landlord duo in London dearly after they were told by judges to repay their tenants �12,500
The Governments plans to force landlords to upgrade their properties to a minimum C energy efficiency standard is already affecting how rental properties are being purchased, the boss of a big money firm has claimed. Louisa Sedgwick, Commercial Director at Paragon Bank
The pattern of office working is changing and nowhere is its effect on commercial property being felt more strongly than in Londons Docklands Canary Wharf. A once thriving financial centre The development of the wharf into a thriving financial centre just outsi
Michael Gove has given Nottingham city council the green light to proceed with one of the UKs most expensive and controversial selective licensing schemes. Due to start on December 1st, it will require all rented properties within 20 of its wards to be licenc
A leading lender believes the governments likely decision to row back on EPCs is linked to fears that it will hit an already struggling PRS. Earlier this week, Housing Secretary Michael Gove suggested a delay in bringing in energy efficiency plans for rental properties to
Home buying company the Open Property Group (OPG) has reported a 56% jump in PRS property purchases during the past year, with landlords blaming red tape for their decision to sell up. It bought nearly �6 million worth of property from homeowners and landlords looking for a fas
Three tenants have won a �20,160 rent repayment order from their landlord who failed to licence his HMO. A First Tier Property Tribunal found that Simon Freed let out the three-bedroom flat in Frognal Court, Camden (main picture), a
The Scottish Government has decided not to publish details of how many landlords north of the border have applied to raise their rent above the 3% maximum allowed under the countrys Cost of Living (Tenant Protection) (Scotland) Act. This controversial legislation was first in
Sub-letting is on the increase within the private rented sector as the cost of living crisis bites, it has been reported. Direct Line says nearly half of all tenants who sublet rooms within their property have not told their landlord or checked they are allowed to within their r
Brent Council is paying a landlord to house the tenant he was trying to evict after failing to come up with any alternative accommodation. The authority paid the legal fees and took over responsibility for paying the rent as long as the landlord continued to let his tenant stay
T The UKs build-to-rent (BTR) stock now stands at 88,100 completed homes, with a further 53,500 homes under construction and 111,800 in the planning pipeline. Savills research reveals that in the second quarter of the year, the sector saw a record-breaking �1.26
Landlords in Birmingham have slammed the citys new selective licensing scheme which some claim is unfairly targeting ethnic communities. The scheme, which took effect at the beginning of June, affects all landlords in 25 of the citys wards which have more than 20% of rente
