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Don't increase CGT for landlords, auctioneers urge Chancellor

Don't increase CGT for landlords, auctioneers urge Chancellor

News

Auctioneers have urged the government not to increase Capital Gains Tax at a time when confidence is returning to the housing market.

'System is skewed in favour of tenants, not landlords'

'System is skewed in favour of tenants, not landlords'

News

A landlord struggling with an eviction has spoken out against the system which he says is heavily skewed in favour of tenants.

Number of landlords selling up gathers pace, says sobering report

Number of landlords selling up gathers pace, says sobering report

News

Almost half of landlords have sold a property in the last year or plan to do so, according to the latest sobering industry survey.

Tenant campaigners call for landlords to pay compensation for evictions

Tenant campaigners call for landlords to pay compensation for evictions

News

Tenants’ groups want the government to also introduce longer protected periods.

Can landlords afford property refurbishments and EPC upgrades?

Can landlords afford property refurbishments and EPC upgrades?

Information

Property refurbishments are becoming increasingly important for landlords as the Government prepares to force the sector to upgrade properties to minimum levels of energy performance by 2030.

Banning Section 21 evictions will be 'catastrophe' say 75% of landlords

Banning Section 21 evictions will be 'catastrophe' say 75% of landlords

News

The majority of landlords (75%) are very concerned about plans to abolish no-fault evictions, labelling it “a catastrophe”.

More must be done to stop rogue tenants, says exiting landlord

More must be done to stop rogue tenants, says exiting landlord

News

A fed-up landlord wants the government to legislate for more stringent referencing after being hit by rent dodging and criminal tenants.

Compliance – can you afford to get it wrong?

Compliance – can you afford to get it wrong?

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Landlords and agents could face fines of up to £40,000 for breaching new rules set to be introduced as part of the Government’s Renters’ Rights Bill.

Landlord wins battle with council over leasehold survey costs

Landlord wins battle with council over leasehold survey costs

News

Nottingham Council has been told to hand back more than £2,800 to landlord Mick Roberts after a court ruled it had overcharged for lease extension surveys.

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Mandatory five-year electrical checks are required

Mandatory five-year electrical checks are required

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News
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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

Landlords 'should add licencing update clauses to agency contracts' says judge

Landlords 'should add licencing update clauses to agency contracts' says judge

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News
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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

More landlords moving to limited companies as list tops 60,000

More landlords moving to limited companies as list tops 60,000

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News
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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.

Council tries AGAIN to start UK's most controversial licencing scheme

Council tries AGAIN to start UK's most controversial licencing scheme

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News
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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

Council makes extraordinary request asking landlords to pay for student mess

Council makes extraordinary request asking landlords to pay for student mess

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News
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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

Will you? Two thirds of landlords to sell up if forced to upgrade EPCs

Will you? Two thirds of landlords to sell up if forced to upgrade EPCs

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News
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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

NRLA urges English Ministers to learn from 'car crash' renting reforms in Wales

NRLA urges English Ministers to learn from 'car crash' renting reforms in Wales

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News
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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

MAYOR: 'Landlords taking billions in rent for non-decent homes funded by benefits'

MAYOR: 'Landlords taking billions in rent for non-decent homes funded by benefits'

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News
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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

Legal expert warns over move to exclude asylum seeker HMOs from licencing

Legal expert warns over move to exclude asylum seeker HMOs from licencing

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News
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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

London's high rents causing big problems for recruiters

London's high rents causing big problems for recruiters

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A business consultancy has warned that London’s high rents mean many companies in the capital are struggling to recruit staff as younger jobseekers look for employment elsewhere in order to access lower-cost homes.

Protesters strike again as cash-strapped council disposes of properties

Protesters strike again as cash-strapped council disposes of properties

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News
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Cash strapped Somerset Council has County Hall vandalised for fourth time...

Landlord faces 'ban' after licensing lapse in Wales

Landlord faces 'ban' after licensing lapse in Wales

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News
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A landlord in Wales faces is to pay £5,088 in fines and surcharges after operating three properties in Swansea without a licence and has also been effectively banned from the sector.

LandlordZONE reveals one-day NRLA takeover

LandlordZONE reveals one-day NRLA takeover

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We’re pleased to announce that on August 7th, for one day only, the NRLA will be hosting a sponsored takeover here on LandlordZONE!

OFFICAL: Number of properties bought by landlords drops by 14%

OFFICAL: Number of properties bought by landlords drops by 14%

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News
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The number of buy-to-let properties bought by landlords during the past 12 months has dropped by 14%, official HMRC figures reveal

Record number of selective licencing schemes and landlord fines revealed

Record number of selective licencing schemes and landlord fines revealed

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News
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New research has revealed that the number of selective licencing schemes in the UK has increased by nearly 10% over the past two years, with landlords paying on average £700 for a five-year licence.

OpenRent landlord listings to be removed from Rightmove

OpenRent landlord listings to be removed from Rightmove

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News
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Landlords who use OpenRent to find tenants will no longer have access to Rightmove when advertising their properties, it has been announced.

Tenant who threatened gas engineer sent to fix boiler faces jail

Tenant who threatened gas engineer sent to fix boiler faces jail

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News
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A tenant in Scotland has been found guilty of threatening behaviour towards a gas engineer who his landlord had booked to fix the property's gas boiler.

'Corner-cutting' landlord to repay former tenants £15,700

'Corner-cutting' landlord to repay former tenants £15,700

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News
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A ‘confused’ landlord who ‘cut corners’ when maintaining his unlicenced HMO has been told to pay four former tenants £15,703 after they took him to a First Tier Property Tribunal.

'Selective licencing scheme will lead to higher rents'

'Selective licencing scheme will lead to higher rents'

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News
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A row has broken out over plans to re-introduce selective licencing for landlords within parts of the Salford area of Manchester.

Labour confirms minimum EPC 'band C' for rented homes

Labour confirms minimum EPC 'band C' for rented homes

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News
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Labour has confirmed that it will require all private sector landlords to bring their properties up to a minimum Energy Performance Certificate (EPC) band C by 2030.

BLOG: The NRLA's 'Your Portfolio' is changing - here’s how

BLOG: The NRLA's 'Your Portfolio' is changing - here’s how

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James Kent, the NRLA’s Chief Innovation Officer and founder of the digital compliance platform Safe2, explains how the organisation's Portfolio platform is smarter, faster and more intuitive than ever.

Investing in commercial property – is now a good time to start?

Investing in commercial property – is now a good time to start?

Information
News
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Commercial property might be sensible way of diversifying your overall investment portfolio risk

Labour WILL drop £11,000 CGT bombshell on landlords reckons wealth firm

Labour WILL drop £11,000 CGT bombshell on landlords reckons wealth firm

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News
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If as many expect Capital Gains Tax (CGT) rates are aligned to people’s personal income tax then landlords selling properties would be on average £11,00 worse off, it has been claimed.

Labour promises 'not to introduce rent controls in England'

Labour promises 'not to introduce rent controls in England'

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News
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Housing minister Matthew Pennycook has confirmed that Labour has no plans to introduce rent controls in England.

CGT revenues from rental home sales rise by £100m

CGT revenues from rental home sales rise by £100m

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News
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A further sign that landlords are selling up comes from new HMRC figures that reveal an increase in Capital Gains Tax (CGT) revenues for the Government from the sale of residential properties.

Big agency boss pins rising rents and low supply on Tories

Big agency boss pins rising rents and low supply on Tories

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News
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A leading lettings agency boss has pinned rising rents and fewer properties to rent squarely on the previous Conservative Government, says its policies have ‘driven away’ landlords.

BREAKING: Bank of England cuts base interest rate by 0.25%

BREAKING: Bank of England cuts base interest rate by 0.25%

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News
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Landlords with buy-to-let mortgages who are about to come out of short-term fixed-rate deals will be relieved today after the Bank of England cut its base lending rate to 5%.

Britain needs more homes, not landlords says campaigning group

Britain needs more homes, not landlords says campaigning group

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News
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Encouraging landlords to rent out more homes will not solve the housing crisis, it has been claimed.

Essex landlord banned for three years after HMO court case

Essex landlord banned for three years after HMO court case

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A rogue landlord who was also a letting agent in Essex has been banned from being a landlord in England for three years.

East Midlands city reveals clampdown on smaller HMOs

East Midlands city reveals clampdown on smaller HMOs

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News
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A big council in the East Midlands has revealed plans to extend and widen its additional licencing scheme for HMOs.

Angela Rayner reveals big changes for Right to Buy

Angela Rayner reveals big changes for Right to Buy

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News
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Labour has moved to make good on its manifesto promise to reform and improve the Right to Buy scheme which, under the Tories, saw the number of publicly-funded affordable rented homes in England shrink dramatically.

Social landlords blasted by Housing Ombudsman report - for maladministration

Social landlords blasted by Housing Ombudsman report - for maladministration

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News
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Councils are failing in more ways than one. When it comes to complaints from their tenants, repairs and maintaining safety standards, councils are not performing

Landlord loses long-running 'battle of the staircase' with council

Landlord loses long-running 'battle of the staircase' with council

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News
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An HMO landlord has lost his appeal against an improvement notice ordering him to update a 'paddle staircase'.

Holiday lets slump in Scotland as regulation bites

Holiday lets slump in Scotland as regulation bites

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News
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The number of short lets in Scotland fell last year as the sector felt the impact of its licensing scheme clampdown.