Speaking at Davos, the Swiss ski resort where the World Economic Forum holds its annual meeting, Lloyds bank CEO Charlie Nunn said that the UK house price fall will be limited. His views are bolstered by recent numbers on the progress of the UK economy which managed a second
The Scottish governments flippant disregard for the private rental sector will only exacerbate the housing crisis, warns industry group Propertymark, which wants an urgent review of landlord taxation. <figure id="" class="w-richtext-figure-type- " data-rt-type="" data-rt-align="
London rental prices were a staggering 20% higher at the end of last year compared to 2021, with 18 renters competing for every new property. Foxtons Lettings Market Index reveals that at �551, Decembers average weekly rental price broke records for end-of-year prices. Centr
When a tenant refuses the Gas Safe engineer access to a property to carry out gas safety checks the landlord is presented with a really difficult problem. Tenants denying access for things like safety checks, repairs and maintenance or regular inspections is not unheard off, in
Nottingham councillors have agreed to ask the government to approve the citys new selective licensing scheme. Proposals for its second scheme will cover a slightly smaller area in the city than the current scheme, but would include some new areas such as parts of Broxtowe and
A Haringey landlord has failed in his attempt to have a �2,500 fine thrown out by a First Tier Property Tribunal . The landlord, who the council won't name, was fined by Haringey private sector housing team for letting an unlicensed three-storey HMO in Hor
German landlords have plenty in common with their British counterparts but must also contend with even longer legal battles, according to one young couple whove had to evict problem tenants. Sascha and Angelika Rothe live in southern Germany where an eviction action can take
Landlords should challenge tenants about their bad habits which lead to condensation mould or risk resulting health problems and higher maintenance bills, it has been claimed. One large-scale portfolio landlord with properties nationwide - known as the Secret Landlord - says tha
Now is the time to buy rental properties. If youre a new landlord, an investor, or a landlord looking to expand their portfolio, these next two years may be crucial for you to earn the highest return on investment. It might seem contradictory following the downsizing of many
Nottingham benefits landlord Mick Roberts has warned that the government’s push to get rental properties up to an EPC C by 2030 could backfire.
Angela Rayner’s promise to build 1.5 million new homes this Parliament is looking increasingly optimistic
Seven out of 10 landlords planning to buy a new rental property during the next 12 months will use a limited company structure, it has been claimed.
Four tenants have won £21,076 from their landlord who failed to explain why she hadn’t licensed her damp and cold HMO.
Many landlords are struggling to sell leasehold flats because management charges have reached astronomical levels with many now forking out £2,000 or more a year.
Landlords buying or selling homes will soon enjoy a smoother and quicker property transaction process after the Government announced that it is to digitise the system.
The Salvation Army has joined calls for the UK government to help prevent homelessness in Scotland by scrapping the planned freeze on Local Housing Allowance (LHA).
The government has confirmed its plan to force all private landlords to get their rental properties up to an EPC C – from the current EPC E – by 2030.
Students from the UK and overseas could miss out on a university education unless the Government makes urgent changes to its Renters’ Rights Bill.
Court reforms and extra funding are needed if the governments overhaul of the evictions process is to succeed, warn landlord groups and eviction specialists. It has promised to abolish section 21 no fault evictions as part of the https://www.landlordzone.c
A new ombudsman known as the landlord redress scheme - and property portal would be compulsory for all private sector landlords. Part of the https://www.landlordzone.co.uk/news/renters-reform-bill-we-take-a-first-look-at-the-radical-new-legislation/" Renters
The Renters (Reform) Bill has finally had its first reading in Parliament, promising a fair deal to renters, faster redress for landlords and giving more details on how 'pets with lets' will work. Heralded as a once-in-a-generation overhaul of housing laws�, the government
Purplebricks, which at one stage was used by thousands of landlords to manage their properties, has announced that its assets and business are to be sold to rival Strike for �1, pending approval by its shareholders. Any funds remaining in the firm some �5.5 million are
Housing Secretary Michael Gove is set to push through new rules on HMO safety for housing asylum seekers with little fanfare on the same day that the Renters Reform Bill is published. The changes outlined in the proposed https://www.legislation.gov.uk/ukdsi/2023/9780
The long-awaited Renters (Reform) Bill will finally be introduced in parliament after Prime Minister's Questions today. Setting out plans for 12 key reforms to the private rental sector, the 11th pledge - to give tenants the right in law to request a pet, which should not be unr
Bungling letting agents with a lack of legal understanding are putting landlords at risk of prosecution, it has been claimed. One landlord expert has advised caution when signing up with a firm in the current climate of increasing legislation and falling profits, particularly fo
It would seem that successive Tory governments have waged an ongoing and progressively more vicious war on buy-to-let landlords, but this latest layer of legislation goes much further. Yes, this latest iteration, and one thats https://bills.parliament.uk/bills/1768/s
Almost two thirds (63%) of private landlords who manage their own properties are tired of sorting out repairs and dealing with red tape and considering using a letting agency or property manager instead. A Uswitch poll of 2,000 landlords found that the most common reason t
Labour has promised to ramp up the pressure on private landlords by introducing a legally binding Decent Homes Standard 2. Its latest draft policy programme a provisional blueprint likely to shape the next general election manifesto includes a proposal to take the
Keir Starmer is set to rebuff previous calls by London mayor Sadiq Khan to bring in a rent freeze, it has been reported. Khan has been banging his rent freeze drum for months now as the cost-of-living crisis has hit many tenants personal finances, telling the BBC in Oct
The much-delayed Renters Reform Bill is rumoured to be getting its first reading tomorrow after Prime Ministers Questions, although the 'full meat' of the proposals will come later. Rumoured to be renamed the Rented Homes Bill or Renters (Reform) Bill, landlords are waitin
The Government is to finally introduce its long-delayed renting reforms into parliament later today following Prime Ministers Questions (PMQs) in the Commons. The Bill, which is to be called the Renters (Reform) Bill, will get its first reading just aft
A tenancy deposit affordacility crisis is looming as new data reveals that nearly a third of renters are borrowing money to pay for them, new research shows. The poll of 1,000 tenants reveals how they are using credit cards, personal loans, overdrafts and family loans to scrape
Proptech company Propflo is working with BTL mortgage lenders to help portfolio landlords make their properties more energy efficient. It has been given a grant by Innovate UK to encourage lenders to explore initiatives such as encouraging retrofitting in their products, creatin
The government has vowed to crack down on dodgy rent-to-rent landlords who flout housing laws. Housing Minister Baroness Scott of Bybrook (pictured) says it is aware of concerns that some rent-to-rent arrangements have sometimes been used to make it more difficult to identify la
Rents on newly-let homes have increased by 25% across the UK since the start of Covid, costing the average tenant an extra �2,962 each year. Hamptons reports that rents rose 11% year-on-year, with April marking the second strongest month for rental growth on record. <p
Construction activity is continuing to grow in the UK. Thats according to the April S&P Global / CIPS UK Construction Purchasing Managers Index� (PMI), as reported by PCBToday, a Construction, Planning and Building Control portal. Construction companies in the UK the
Leading property sector figure Kate Faulkner (pictured) has called for a reset of the private rented sector, away from ineffective rules and regulations. <figure id="" class="w-richtext-figure-type- " data-rt-type="" data-rt-align=""><div><img src="https://cdn.prod.website-files.com/63bef2f
The number of landlords planning to sell their rented properties has reached its highest level ever, according to new research. BVA-BDRC, commissioned by the NRLA, found that during the first three months of this year a third of 700 private landlords in England and Wales that it
One of the UKs big property portals has launched an initiative to enable renters to become rent ready as they hunt for homes. OnTheMarket.com, which is a competitor with Rightmove and Zoopla, has now fully integrated Canopys RentPassport service into its platform.</p
In the first in a series of blogs for LandlordZONE on rental reform, Sean Hooker , Head of Redress at the https://www.theprs.co.uk/" Property Redress Scheme , shares his thoughts on yet another delay to the Renters Reform Bil
The https://www.landlordzone.co.uk/news/hold-up-for-renters-reform-bill-blamed-on-procedural-issues/" Renters Reform Bill will increase pressure on landlords and may force even more to quit the market, warns the Royal Institution of Chartered Surveyors (https://w
The Bank of England has hiked https://www.landlordzone.co.uk/news/revealed-why-higher-interest-rates-are-making-it-trickier-for-btl-investors/" interest rates by 0.25 percentage points, pushing the base rate to 4.5% and raising fears that this could exacerbate rental pric
Housing Secretary Michael Gove has dropped plans to abolish leaseholds in England and Wales after Downing Street officials argued there was not enough time to enact such major reforms. Despite describing it as an outdated feudal system� and pledging to get rid of h
