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Bank of England keeps interest rates at 4.5% amid inflation concerns

Bank of England keeps interest rates at 4.5% amid inflation concerns

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The Bank of England kept interest rates at 4.5% today amid fears that inflation is still a threat.

Newly qualified nurses struggle to afford to rent privately, Shelter claims

Newly qualified nurses struggle to afford to rent privately, Shelter claims

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Newly qualified nurses can’t afford to rent privately in almost half - 45% - of local authorities in England, according to new analysis from Shelter.

Landlords must not drag their heals over EPC ratings, warns bank director

Landlords must not drag their heals over EPC ratings, warns bank director

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Landlords must not to drag their heels when it comes to improving properties’ energy efficiency rating - or face potential issues with finding tradespeople and working with letting agents, a financial expert has warned.

More tenants are using alternative deposit schemes, new data reveals

More tenants are using alternative deposit schemes, new data reveals

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A growing number of tenants in the build-to-rent (BTR) sector are using deposit alternative products as many opt to invest a lump sum instead of locking it away in a traditional cash scheme.

Tenants who are on benefits must get the Government support they need, says Propertymark

Tenants who are on benefits must get the Government support they need, says Propertymark

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Benefit claimants must get the Government help they need once its welfare reforms take effect, an industry body has warned.

Fewer luxury homes to rent in London feeds into higher rents

Fewer luxury homes to rent in London feeds into higher rents

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A reduced supply of luxury rental homes in London is feeding into higher rents, which are now a third higher than before the pandemic, new research has revealed.

Rogue landlords come under attack from Labour MP Tom Hayes

Rogue landlords come under attack from Labour MP Tom Hayes

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Labour MP Tom Hayes has launched a survey to quiz tenants and landlords in his Bournemouth East constituency, in a bid to fix the “broken” rented sector.

WASPI women need to be fairly compensated after constituent was evicted, says MP

WASPI women need to be fairly compensated after constituent was evicted, says MP

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Liberal Democrat MP Sarah Dyke has called for WASPI women to be fairly compensated after one of her constituents was evicted.

‘Rentflation’ costs young people an extra £1,616, says Barclays

‘Rentflation’ costs young people an extra £1,616, says Barclays

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‘Rentflation’ has cost young people an extra £1,616 on their rent bill in the past year, according to new data from Barclays.

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Legal case '� can there be a reasonable excuse for not licensing an HMO?

Legal case '� can there be a reasonable excuse for not licensing an HMO?

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Weve all heard the expression, ignorance of the law is no excuse� and this applies without question in all areas of the law. But in some rare instances it seems the courts and tribunals are open to accepting a defence of what is termed reasonable excuse even when the regulatio

Landlord says protecting tenants during portfolio sale will cost him �500,000

Landlord says protecting tenants during portfolio sale will cost him �500,000

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Nottingham benefits landlord Mick Roberts (main picture) has made another bid to sell 40 of his properties by offering to cut the sale price by a tenth if a landlord buyer keeps his existing tenants on. The regular LandlordZONE contributor has previously suggested https

LATEST: Guidance issued for landlords with tenants hoping to take in Ukrainian refugees

LATEST: Guidance issued for landlords with tenants hoping to take in Ukrainian refugees

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Landlords have been warned to check a propertys potential status if their tenant wants to offer Ukrainian refugees a spare room. Updated guidance on the rules around the Homes for Ukraine scheme outlines that where a private tenant is paying rent for their accommodation, the

BREAKING: Wales delays introduction of controversial Renting Homes Act

BREAKING: Wales delays introduction of controversial Renting Homes Act

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The Welsh government has announced a five-and-a-half-month delay to the introduction of its controversial Renting Homes Act which had been due to go live on 15th July this year. Now postponed until 1st December, housing minister Julie James says

Latest changes to Part L of the Building Regulations

Latest changes to Part L of the Building Regulations

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Landlords are required to conform to the safety and environmental rules set-out in these regulations so its important you understand the law regarding the building regulations. The rules are in place to ensure that buildings meet a certain standard of safety to protect residents and memb

Welsh government clamps down on holiday let landlords with tougher council tax rules

Welsh government clamps down on holiday let landlords with tougher council tax rules

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Landlords in Wales who rent out self-catering accommodation will no longer be able to dodge council tax under new and tighter rules announced by the Welsh government. In its bid to crack down on the impact many holiday lets and second homes are having on communities and the Wels

REVEALED: Shocking but true data behind landlord rent arrears and evictions

REVEALED: Shocking but true data behind landlord rent arrears and evictions

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A staggering 71% of all landlords reported having at least one tenant in arrears due to the pandemic, according to the latest English Private Landlord Survey . Nearly a third (29%) were lucky not to have any, but landlords with one property most commonly ha

Amended rules for landlords on fitting carbon monoxide alarms

Amended rules for landlords on fitting carbon monoxide alarms

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Landlords in England have since October 2015 been required to install carbon monoxide alarms in their residential rented accommodation where a solid fuel solid fuel heating appliance was fitted. This would include all open fireplaces that were available to be used, that is where

Office market weathering the storm better than expected

Office market weathering the storm better than expected

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With rental growth in prime London offices set to outpace the rest of the country, the doom mongers predicting permanent working from home (WFH) and office flight have so far, it seems, been on the wrong tack. Quarter 1, 2022 has seen rent returns rise as UK commercial property

'Frustrated' council makes historic move to limit short-let holiday homes

'Frustrated' council makes historic move to limit short-let holiday homes

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A council in Wales is likely to become the first one to use an Article 4 Direction to clamp down on the use of houses as holiday lets. Gwynedd councillors approved the historic move after becoming frustrated with the increase in holiday homes across the county, and the effect th

Extra costs and red tape hitting landlords hard, mortgage chief warns

Extra costs and red tape hitting landlords hard, mortgage chief warns

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Politicians and lobby groups are likely to continue blaming private landlords for the housing shortage largely created by the hostile regulatory environment imposed by the same politicians who want even more draconian laws, finds a new report. One of the most bizarre aspects of

Council cracks down on illegal HMOs with surprise inspections

Council cracks down on illegal HMOs with surprise inspections

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Two unlicensed HMOs have been discovered during unannounced inspections by a council in the North, which says more 'surprise visits' are on the cards. <figure id="" class="w-richtext-figure-type- " data-rt-type="" data-rt-align=""><div><img src="https://cdn.prod.website-files.com/63bef2f3c3

BREAKING: Landlords tell housing minister face-to-face that sector needs support

BREAKING: Landlords tell housing minister face-to-face that sector needs support

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Landlords in Wales have called for the countrys government to make more effort to encourage private investment in the sector during a face-to-face meeting with housing minister Julie James. The National Residential Landlords Association (NRLA) has asked her government to exem

Less that 20% of PRS homes within LHA rates reveals shocking research

Less that 20% of PRS homes within LHA rates reveals shocking research

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Fewer than one in five private rental properties in England were within the Local Housing Allowance (LHA) rates last year, according to new joint research by the Chartered Institute of Housing and Shelter . The groups say the average

Leading property figure calls for 'tenancy register' in England and Wales

Leading property figure calls for 'tenancy register' in England and Wales

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The government has missed a trick by not introducing a tenancy register instead of an anti-landlord landlord register, one property consultant has claimed. Blackbird Real Estate founder https://www.richard-berridge.co.uk/" target="_blank" Richa

EXCLUSIVE: Conveyancer reports big drop in landlords buying BTL properties

EXCLUSIVE: Conveyancer reports big drop in landlords buying BTL properties

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The number of BTL investors buying properties has plummeted in the last six months while long-term landlords are selling up, according to one large conveyancing firm. Basildon-based https://pcslegal.co.uk/" PCS Legal

Business ratepayers will have to report any changes, and annually, under new bill...

Business ratepayers will have to report any changes, and annually, under new bill...

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The Non-Domestic Rating Bill going through Parliament (House of Lords) will require business ratepayers to report any changes and also report annually to the Valuation Office Agency (VOA). These changes to the operation of business rates will apply to all organisations responsib

BLOG: Why abolishing Section 21 isn't all bad news for landlords

BLOG: Why abolishing Section 21 isn't all bad news for landlords

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Yesterday I spoke to a room of 200 anxious landlords.&nbsp;The uncertainly surrounding the Renters (Reform) Bill really has whipped the housing market into a frenzy with landlords serving notices, selling up and exiting the sector in their droves.&nbsp; The mere thought of Sect

TURMOIL: NatWest reveals rate rises for fixed-rate landlord mortgages

TURMOIL: NatWest reveals rate rises for fixed-rate landlord mortgages

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��Lender NatWest has been called out by commentators after it announced significant increases to its landlord mortgages. The bank, which is till 38% Government owned, announced late yesterday that it was increasing the interest rates it charges on a range of home loans, includ

Report reveals unstoppable march of BTR into private rented sector

Report reveals unstoppable march of BTR into private rented sector

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A new report has revealed that London now contains 38,600 build-to-rent (BTR) properties with a further 34,100 in the pipeline with the boroughs of Newham, Tower Hamlets and Brent leading the field. The report, pulled together by Cortland Consulting , revie

Landmark rental deposits case reveals world of 'fake' short-lets

Landmark rental deposits case reveals world of 'fake' short-lets

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Tenant groups in Scotland have called for councils to clamp down on landlords who rent out properties under the guise of holiday lets. <figure id="" class="w-richtext-figure-type- " data-rt-type="" data-rt-align=""><div><img src="https://cdn.prod.website-files.com/63bef2f3c329eff8e3a4af45/6

Investors rush to convert office space as homeworking re-shapes the marketplace

Investors rush to convert office space as homeworking re-shapes the marketplace

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According to the Financial Times (FT), property investors have pumped around �2bn into converting under-used and unwanted London office space as the trend to Working from Home (WfH) continues, and as it looks like becoming an embedded employment practice in many inner city o

FINES: Repeat offender to pay £49,000 over HMO safety failures

FINES: Repeat offender to pay £49,000 over HMO safety failures

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A management company has been ordered to pay out more than £49,000 for fire safety failures at an HMO. Monsoon Properties Ltd admitted breaches relating to a range of issues at the flat in Londons Tavistock Place, including inadequate fire detection system, obstructions to t

MARKET: High rents consign younger tenants to the house of mum and dad

MARKET: High rents consign younger tenants to the house of mum and dad

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First-time renters accounted for just 4.6% of new tenancies during the first five months of the year, as more would-be tenants rely on the hotel of Mum and Dad. With average monthly rents topping �1,000, young adults can save �12,290 by living rent-free with their parents each

LATEST: Bailiff freeze spreads to another big County Court in London

LATEST: Bailiff freeze spreads to another big County Court in London

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A large County Court in London has written to its legal clients to warn them that some of their scheduled evictions face being cancelled or rescheduled. The announcement has been made by the Civil and Family Court in Barnet (main picture), one of the major hubs handling eviction

Landlord defeats HUGE rent repayment claim by tenants who owe HER �17k

Landlord defeats HUGE rent repayment claim by tenants who owe HER �17k

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A landlord in Dartford has batted off a huge rent repayment order (RRO) claim made by her tenants after a judge dismissed the case during a virtual Property Tribunal hearing. Manjit Sanghera, who co-manages the family detached property on the outskirts of the Kentish town with h

Campaigners call for crack down on failing PRS properties and landlords

Campaigners call for crack down on failing PRS properties and landlords

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Campaigning group the London Renters Union is targeting landlords in London by urging councils to come down much harder on failing properties. It has launched an action plan in Brent, detailing how the local authority should hold landlords accountable for more than 10,000 privat

Should Landlords Sell Their Buy-To-Let Properties in 2023?

Should Landlords Sell Their Buy-To-Let Properties in 2023?

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The buy-to-let market has long been an attractive investment avenue for those seeking steady income, but the increasing burden on landlords from legislative changes, market co

Quitting landlords could fuel further drop in house prices

Quitting landlords could fuel further drop in house prices

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Buy-to-let landlords will influence https://www.landlordzone.co.uk/sponsored/what-do-the-falling-house-prices-mean-for-landlords/" house prices if a large number choose to sell up, according to rating agency Moodys. The firm is predicting that prices will f

Holiday home owners top the rental income chart

Holiday home owners top the rental income chart

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The average annual https://www.landlordzone.co.uk/news/battle-over-holiday-lets-hots-up-as-campaigning-mp-holds-meeting/" holiday let income exceeded buy-to-let income for the first time in 2020-21, reaching �15,600 compared with �13,400, according to HMRC.

Edinburgh Council forced to go back to drawing board over licensing

Edinburgh Council forced to go back to drawing board over licensing

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Short-term let landlords in https://www.landlordzone.co.uk/news/edinburgh-chief-admits-burdensome-licencing-plan-will-hugely-reduce-holiday-lets/" Edinburgh have won their legal case against the councils licensing scheme. In the biggest crowdfunded case in

Surveyors report surge in landlords selling up across UK

Surveyors report surge in landlords selling up across UK

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Almost two-thirds of surveyors have witnessed rising numbers of buy-to-let landlords looking to sell their properties. The https://www.rics.org/" Royal Institute of Chartered Surveyors (RICS) reports that a similar number have seen a drop in the level of inter

Parliamentary petition launches to save Assured Shorthold Tenancies

Parliamentary petition launches to save Assured Shorthold Tenancies

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A new Parliamentary petition has been set up urging the government to ditch plans to remove assured shorthold tenancies. The LandlordZONE reader, who has a portfolio of properties in Yorkshire and Lancashire, was prompted to take action as he fears it could be the final nail in

PROBE: Will new pets rules in reform bill apply to existing or only new tenancies?

PROBE: Will new pets rules in reform bill apply to existing or only new tenancies?

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Confusion surrounds the governments plans to introduce https://www.landlordzone.co.uk/news/blog-will-the-looming-pets-in-lets-rules-prove-pervasive/" pets in lets measures, with conflicting messages coming from the DLUHC. It has confirmed that the new