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Up for a fight? Fundraiser seeks property people to step into the ring

Up for a fight? Fundraiser seeks property people to step into the ring

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The property industrys Rumble with the Agents charity event is to host its eighth evening of boxing and fund-raising in North London on Thursday 22nd June, it has been announced. <figure id="" class="w-richtext-figure-type- " data-rt-type="" dat

MORTGAGE SHOCK: Bank of England hikes base rate by 0.5% to 4%

MORTGAGE SHOCK: Bank of England hikes base rate by 0.5% to 4%

News

The Bank of England has raised interest rates for the 10th consecutive time as it battles inflation - a move likely to hit thousands of investors with variable rate mortgages and those forced to renew fixed-rate deals. The base rate has gone up by half a percent to 4%, the highe

Councils' frosty reception for HMOs sees number decline in key regions

Councils' frosty reception for HMOs sees number decline in key regions

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Englands HMO market has shrunk by more than 21,000 properties in the last two years as local councils ramp up planning rules and licensing schemes. Numbers were down by -2.4% to 489,701 last year, having already seen a -1.7% drop in 2021, according to figures from Octane Capi

EXCLUSIVE: Online boss talks candidly about landlords' reluctance to 'go digital'

EXCLUSIVE: Online boss talks candidly about landlords' reluctance to 'go digital'

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The boss of online lettings platform lettingaproperty.com is determined to overcome landlords inertia to switch from using high street agents. Jonathan Daines admits its a challenge as 95% of landlords still use agents, with the ingrained belief that the online process wil

MARKET: Average house price down 3.2% since August 2022

MARKET: Average house price down 3.2% since August 2022

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House prices have fallen for the fifth month in a row, with the average property now worth �258,297, almost �4,000 less than in December, reports Nationwide. January saw a -0.6% monthly dip which left prices 3.2% lower than their August peak, while annual house price growth al

Making Tax Digital for Income Tax on hold, again!

Making Tax Digital for Income Tax on hold, again!

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If you were due to submit a self-assessment tax return and pay your dues by yesterdays deadline and you missed it you should do so now without delay, otherwise you will face a penalty. Anyone with rental income must submit a self-assessment income tax return, completing the property inco

Looming Vic & Bob movie to portray landlords as 'obnoxious'

Looming Vic & Bob movie to portray landlords as 'obnoxious'

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Landlords are to get their latest outing on the silver screen within the first movie by comedians Vic Reeves and Bob Mortimer, it has been reported. But predictably its not the image many would prefer to see the comedy pair promote. After nearly two decades of dev

Landlord to pay tenants �10,000 after losing RRO legal appeal

Landlord to pay tenants �10,000 after losing RRO legal appeal

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A London landlord has been hit with a �9,880 rent repayment order after failing to convince a tribunal that his tenants application was not legal. The landlord admitted that he had held a selective licence which limited occupation to five people from one household but hadn

Landlords are taking action as tax bills and refurb costs rise above rent yields

Landlords are taking action as tax bills and refurb costs rise above rent yields

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Rising rents fall back from record high

Rising rents fall back from record high

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Average rent in England increased 9.2% to £1,369 in the 12 months to December - slightly down on the previous record-high annual growth.

Pensioner landlords demanded to take over tenant's room

Pensioner landlords demanded to take over tenant's room

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A landlord couple who moved into their tenant’s spare bedroom while she was still living there have been fined.

MPs send amended Renters' Rights Bill to the Lords

MPs send amended Renters' Rights Bill to the Lords

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The Bill has moved another step closer to becoming law, with MPs agreeing amendments that include preventing landlords from taking more than one month’s rent.

January's tax deadline approaches, thoughts turn to this annual task

January's tax deadline approaches, thoughts turn to this annual task

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Keeping on top of your accounts month by month makes the annual self-assessment tax return task easier and makes sure you are in control of your business

The top six misconceptions about limited company buy to let mortgages

The top six misconceptions about limited company buy to let mortgages

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Limited Company buy to let mortgages are increasingly popular, however there are still many myths that need debunking.

Landlords hit with former owners' massive council tax bills

Landlords hit with former owners' massive council tax bills

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Landlords in Kent are inheriting huge council tax bills racked up by the previous owners when buying empty properties.

Portfolio landlords boost share of incorporated properties

Portfolio landlords boost share of incorporated properties

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The proportion of incorporated property held in portfolios of landlords who use limited companies has more than doubled since Q1 2020.

Renters' Rights Bill could exclude scores of private tenants

Renters' Rights Bill could exclude scores of private tenants

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A leading property lawyer warns that removing risk mitigation strategies will make many tenants on lower incomes “unlettable”.

Landlord slapped with £20,000 repayment order for unlicensed HMO

Landlord slapped with £20,000 repayment order for unlicensed HMO

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A landlord must repay tenants £20,000 in rent after he failed to convince a tribunal he wasn’t aware of a licensing scheme.

WARNING: Long-term Airbnb lets ARE same as traditional ASTs, rules judge

WARNING: Long-term Airbnb lets ARE same as traditional ASTs, rules judge

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An Airbnb landlord faces a �102,000 court bill after a judge ruled that his long-term let was effectively an AST which gave protection to the guests he had harassed. Talha Abbasi let out his �3,435-a-month Maida Vale flat in November 2021 to Countess Christine Bolza and Count

Labour MP tells TV show that Section 21 evictions wrong in all circumstances

Labour MP tells TV show that Section 21 evictions wrong in all circumstances

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Labour MP Diane Abbott has told TV viewers that bad landlords are those who use Section 21 to evict their tenants, whatever the reason. Despite there being genuine reasons for using the notice, such as non-paying tenants or anti-social behaviour, the London MP appeared on <a hre

DEPOSITS: Five weeks' rent 'not enough in many rent arrears and damage cases'

DEPOSITS: Five weeks' rent 'not enough in many rent arrears and damage cases'

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New research reveals that deposits of five weeks rent dont provide landlords with enough protection in more than 10% of cases. Alternative deposit firm Reposit studied 20,000 tenancy agreements dating back to 2016 and found that landlords needed to r

BREAKING: 'London landlord and agent fines on track to hit record high this year'

BREAKING: 'London landlord and agent fines on track to hit record high this year'

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This year London is on track to see the highest level of fines levied against rogue landlords and letting agents, it has been revealed as more and more councils begin operating licencing schemes. Geospatial compliance platform Kamma says it expects to see a 50% increase in enfor

TAX: New rates rules for holiday rental properties go live

TAX: New rates rules for holiday rental properties go live

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New rules on holiday lets in England and Wales have taken effect which could force many owners to pay council tax instead of business rates. Self-catering properties in England must now be available for letting commercially for short periods of 140 nights

'Sickened' landlord slams Scots eviction ban after tenants trash home

'Sickened' landlord slams Scots eviction ban after tenants trash home

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A landlord has warned others to make more regular checks on their rental properties after falling foul of Scotlands ongoing https://www.landlordzone.co.uk/news/vote-rent-rises-in-scotland-to-be-capped-at-3-until-october-msps-agree/" target="_blank" eviction b

NEW: Huge demand for rental property pushes up average rent to �993 a month

NEW: Huge demand for rental property pushes up average rent to �993 a month

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Demand for rental properties reached exceptional high levels last month pushing asking rents for new tenancies to new highs, it has been revealed. Referencing and rent guarantee firm Homelet , which processes approximately a million tenancy applicatio

LATEST: Ministers consider forcing landlords to rent out empty shops

LATEST: Ministers consider forcing landlords to rent out empty shops

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Landlords are being asked for their views on plans to forcibly rent out persistently vacant commercial properties to new tenants in a bid to rejuvenate high streets.&nbsp; High Street Rental Auctions - a new power for local authorities in England - is part

Landlord faces jail if he abuses tenant - his MOTHER - again!

Landlord faces jail if he abuses tenant - his MOTHER - again!

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The landlord of a retirement flat faces jail if he contravenes a court order not to visit the property or engage in abusive, insulting and intimidating behaviour likely to cause harassment, alarm or distress�. During a hearing at Sheffield Crown Court, Judge Sadiq told land

Northern Ireland unveils radical affordable PRS scheme for landlords

Northern Ireland unveils radical affordable PRS scheme for landlords

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Northern Ireland has unveiled a radical new type of private rented housing that aims to provide more high quality, affordable homes in the region. Intermediate rent is not social housing but will offer rents set at a level below the open private rented market, while renters will

Lenders blame LHA freeze on 1000s of landlords falling into mortgage arrears

Lenders blame LHA freeze on 1000s of landlords falling into mortgage arrears

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UK Finance has called on the government to review the local housing allowance (LHA) to prevent more private landlords falling behind on their mortgage repayments and potentially having to evict their tenants. The trade association for the UK banking and financial services sector

Comment: will landlords really evict anti-social tenants in two weeks?

Comment: will landlords really evict anti-social tenants in two weeks?

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Renters at risk under plans to let landlords evict tenants with two weeks notice,� says one headline. Yes, it kind of implies that tenants will be summarily evicted, I thought so when I first read it. As the recent press reports would have us believe, but this is not going

Ringleaders of shocking illegal HMO property gang fined �434,000

Ringleaders of shocking illegal HMO property gang fined �434,000

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The activities of a huge HMO renting scam gang has been uncovered following a four-year investigation, with the five key individuals and three companies involved fined a total of �434,000. Following an investigation by West Northamptonshire Councils Private Sector Housing Te

'Revenge evictions' following tenant repair requests still common, says Shelter

'Revenge evictions' following tenant repair requests still common, says Shelter

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Private renters who complained to their landlord, letting agent or local council in the last three years were two and a half times (159%) more likely to be handed an eviction notice than those who kept quiet. New research from Shelter compiled by YouGov using online survey r

Landlord and her letting agency to pay HUGE fine over illegal HMO

Landlord and her letting agency to pay HUGE fine over illegal HMO

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A landlord and her letting agency have together been fined more than �45,000 for illegally running an HMO. Barking and Dagenham Councils private sector housing team first discovered that professional landlord Husna Patel had not applied for, or been gr

In-house inventory services offered by letting agencies 'lack transparency' - claim

In-house inventory services offered by letting agencies 'lack transparency' - claim

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Property firms using their own inventory services are undermining the sectors integrity, according to the Association of Independent Inventory Clerks. It wants the government to include measures in the Renters Reform Bill to guarantee more transparency

BLOG: Six tax changes affecting private landlords this year

BLOG: Six tax changes affecting private landlords this year

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The Government has made several changes to how income and profits are taxed in recent years and some of these will take effect from the new tax year on 6th April, with higher earners and those letting via a limited company most affected. Heres the six changes

Up to 25% of us don't have a passport and that's a problem for landlords, says ID firm

Up to 25% of us don't have a passport and that's a problem for landlords, says ID firm

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More than a quarter of people in some local communities dont have a passport, raising questions about their ability to pass Right to Rent checks. Research by digital identity firm, https://www.idcrypt.global/" target="_blank" ID Crypt Global, reveals that 1

NEW landlord eviction powers to include removing unruly tenants in TWO WEEKS

NEW landlord eviction powers to include removing unruly tenants in TWO WEEKS

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The detail of the Governments anti-social crackdown have been published, including how landlords will be given more powers to eject tenants who misbehave quicker and more easily. Called the Anti-Social Behaviour Action Plan , it includes a promise that M

How to Evaluate a Potential Real Estate Investment Opportunity

How to Evaluate a Potential Real Estate Investment Opportunity

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Evaluating a potential real estate investment opportunity can be stressful. There are many factors to consider, including market conditions and property prices. However, it's also important to consider whether your plan for improvements will be successful in increasing the value of the prop

Child poverty activist revealed as new leader of Generation Rent

Child poverty activist revealed as new leader of Generation Rent

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Generation Rent has appointed charity boss Ben Twomey as its new director, replacing Baroness Alicia Kennedy. Twomey joins the campaigning group from his current role as director of policy and communications at the National Youth Advocacy Service and has p

BREAKING: Landlords 'to be given three more years' to reach EPC minimum

BREAKING: Landlords 'to be given three more years' to reach EPC minimum

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Ministers are considering a punitive scheme to fine landlords up to �30,000 if they fail to upgrade their properties to a minimum band C by an extended deadline of 2028 instead of the current 2025. The Department for Energy Security and Net Zero had previ

App that helps tenants fix their own leaks launches service for landlords

App that helps tenants fix their own leaks launches service for landlords

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National video maintenance platform Help me Fix is extending its reach to more self-managing private landlords with the launch of a new service. The software virtually connects tenants to tradespeople who can resolve simple maintenance issues remotely and for more complicated on

Southern Landlord Show to offer advice on tax, law, EPCs and mortgages

Southern Landlord Show to offer advice on tax, law, EPCs and mortgages

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Landlords in the South of England are being invited to attend a landlord show being held by one of the regions larger letting agencies. Charters, which is holding even at its large HQ in Southampton tomorrow, says the show will offer buy-to-let landlords advice on how to mana

Housing ministers contradict themselves over Renters Reform Act plans

Housing ministers contradict themselves over Renters Reform Act plans

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The timing of the long-anticipated Renters Reform Bill is still in doubt after housing ministers appeared to contradict each other. In the Commons yesterday, the minister in charge, Rachel Maclean, confirmed comments she made at a recent renters reform