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COMMENT: Why are property values going down for the first time in ten years?

COMMENT: Why are property values going down for the first time in ten years?

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The Halifax revealed today that house prices have fallen on an annual basis for the first time since December 2012, by 1%. This means the average house value has declined by �132 which may not sound a lot but represents a seismic change after years of ultra-low interest rates p

NEW: Property educators urged to join reform group's first national summit

NEW: Property educators urged to join reform group's first national summit

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Property educators are being urged to collaborate, learn, and shape the future of property education at The Property Investors Bureau Property Educators Summit. The invitation-only industry event aims to improve standards, foster collaboration, and add value to their business by

NEW: London's bailiff service problems spreading to other areas of UK says expert

NEW: London's bailiff service problems spreading to other areas of UK says expert

News

Following our storyhttps://www.landlordzone.co.uk/news/breaking-evictions-grind-to-a-halt-as-bailiffs-reduce-workload-over-health-and-safety/" https://www.landlordzone.co.uk/news/breaking-evictions-grind-to-a-halt-as-bailiffs-reduce-workload-over-health-and-safe

Concerns over loan defaults as office and retail tenants fail to renew leases

Concerns over loan defaults as office and retail tenants fail to renew leases

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Persistent home working is affecting office occupancy rates and is leading commercial tenants to fail to renew their office leases. Ghost city streets have emerged post pandemic as occupancy rates hit a new low. In the UK it has been reported that these office space rates could

BLOG: Ministers MUST reconsider periodic tenancy plans for students

BLOG: Ministers MUST reconsider periodic tenancy plans for students

News

Last year saw worrying housing shortages in a number of university cities in the UK. In Leeds we were turning away larger than usual numbers of students at the back end of the summer as there were simply no rooms available. Even before the proposed changes under thehttp

BREAKING: Welsh Government is 'looking at rent control options'

BREAKING: Welsh Government is 'looking at rent control options'

News

The Welsh Government has launched a consultation on fair rents and adequate housing within which housing minister Julie James (main picture) reveals she is considering rent controls. The https://www.gov.wales/sites/default/files/consultations/2023-06/housing-adequ

Airbnb to give rental income data to HMRC, short lets landlords warned

Airbnb to give rental income data to HMRC, short lets landlords warned

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Airbnb is to share data with the taxman on its hosts earnings going as far back as the 2017-18 financial year, a new warning on its website reveals. The information will help HMRC identify those making money from letting their properties without declaring it, who then face cr

LAW: Agent faces �10,000 bill after licencing fine appeal rejected

LAW: Agent faces �10,000 bill after licencing fine appeal rejected

News

A managing agent who failed to licence a property has had his appeal thrown out by a First Tier Property Tribunal. Taren Lamba tried to convince the judge that he was not in control of the property in Kenwood Road, London (main picture) by insisting that a

Illegal evictions increasing 'dramatically' says leading tenancy group

Illegal evictions increasing 'dramatically' says leading tenancy group

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Illegal evictions and harassment by rogue landlords are increasing as tenants struggle to pay their rent and some landlords resort to criminal means to remove tenants as the court system falters and some landlords seek to exploit soaring rents, according to Safer Renting. Figure

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Shelter calls for radical changes for landlords, but will Labour listen?

Shelter calls for radical changes for landlords, but will Labour listen?

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Shelter has called for indefinite tenancies as well as rent increases restricted to once a year and limited to a rise either in line with inflation or wage growth. 

Is Labour about to give councils full powers to licence landlords?

Is Labour about to give councils full powers to licence landlords?

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Housing minister Matthew Pennycook has hinted heavily that councils will be given powers to introduce large licencing schemes without his approval as part of Labour’s push for greater devolution.

REVEALED: Real cost of making a property energy efficient

REVEALED: Real cost of making a property energy efficient

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While the new Labour government has talked about making rented homes more energy efficient, one company has shone a light on how much it will cost landlords to achieve it.

Lettings agency chiefs call for minimum property standards

Lettings agency chiefs call for minimum property standards

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New minimum standards for rental properties and industry training are needed to improve quality and safety in the PRS, the government has been told.

Landlord to return £800 deposit over jaw-dropping contract clause

Landlord to return £800 deposit over jaw-dropping contract clause

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A landlord who tried to charge a prospective tenant for having overnight guests has been ordered to repay the holding deposit.

Certainty needed on energy efficiency targets

Certainty needed on energy efficiency targets

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James Kent, the NRLA’s Chief Innovation Officer, and founder of digital compliance platform Safe2, explains why landlords need to know where they stand sooner rather than later.

Scandal hit social housing REIT winding down

Scandal hit social housing REIT winding down

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Home REIT, the investment trust marketed as the dream scheme to house the homeless is folding with extensive debts and legal claims. 

Landlord's appeal against huge rent repayment order fails

Landlord's appeal against huge rent repayment order fails

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A landlord has failed in a last-ditch attempt to convince a property tribunal that he shouldn’t have to pay a rent repayment order – and has been stung with a £13,643 bill.

Thatcher's favourite council to bring in PRS licencing schemes

Thatcher's favourite council to bring in PRS licencing schemes

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One of London’s most high-profile councils has revealed plans to bring in selective and additional licensing schemes in a bid to clamp down on rogue landlords and improve rental properties.

Landlord fights council over £15,000 HMO fine... and wins

Landlord fights council over £15,000 HMO fine... and wins

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News
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A landlord has successfully fought a licensing fine after an Upper Tribunal judge ruled it couldn’t be proved that a fifth tenant was living permanently in his HMO.

'Landlord bashing won't help solve housing crisis'

'Landlord bashing won't help solve housing crisis'

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A mortgage lending expert has warned that landlord bashing risks pushing out more smaller landlords, creating a vicious circle of fewer available rental properties and higher rents for tenants.

Landlords spending 'too much' on EPC upgrades

Landlords spending 'too much' on EPC upgrades

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Most landlords’ ignorance of the points-based EPC system means they can sometimes spend more money than necessary on energy efficiency improvements.

Tenants can now pay landlords via their credit card

Tenants can now pay landlords via their credit card

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A digital platform that enables tenants to pay their rent via their credit or debit card rather than a BACS payment has officially launched in the UK.

Local authorities’ new powers to auction leases of vacant commercial premises

Local authorities’ new powers to auction leases of vacant commercial premises

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Local authorities' now have new powers to auction off leases of vacant commercial units in Britain’s town centres and high streets

Landlords worried about missing payments discover agent in jail

Landlords worried about missing payments discover agent in jail

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Landlords who complained about a missing letting agent have discovered that he had been jailed for assaulting a sex worker.

Government to spend millions stopping landlord evictions

Government to spend millions stopping landlord evictions

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More money will be spent persuading landlords not to evict tenants as part of a huge cash boost to help prevent homelessness.

Northern council to expand selective licensing

Northern council to expand selective licensing

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More landlords in Wirral could have to pay for a selective licence under plans being drawn up by the local council.

Rents rising by 9.1% a year on average, official figures reveal

Rents rising by 9.1% a year on average, official figures reveal

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Rents charged for new tenancies across the UK continue to rise as landlords seek to offset higher costs and supply continue to be weak, latest Government data shows.

Labour to allow councils to 'take over' empty rental properties

Labour to allow councils to 'take over' empty rental properties

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Councils will be given more power to force landlords to rent out vacant residential properties as part of the government’s English Devolution white paper.

Letting agents warn over Labour's plan to increase licensing

Letting agents warn over Labour's plan to increase licensing

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Letting agents have slammed plans to ease licensing rules that will mean local councils can introduce large selective schemes without government approval.

HMO landlords warned as London council begins 1,000s inspections

HMO landlords warned as London council begins 1,000s inspections

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Ealing Council has ramped up its crackdown on rogue landlords with a rigorous programme of HMO inspections.

Councils given more powers to licence landlord properties

Councils given more powers to licence landlord properties

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Local authorities will no longer have to ask the Secretary of State for permission to introduced selective licensing schemes in England and Northern Ireland, it has been revealed.

Lenders warn of 'challenging' year ahead for landlords

Lenders warn of 'challenging' year ahead for landlords

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Economic headwinds are set to shrink purchases in the buy-to-let market by 7% next year to £9 billion, predicts UK Finance.

Norwich landlords fume over missing rental payments

Norwich landlords fume over missing rental payments

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Landlords in Norwich are chasing thousands of pounds in rent payments from a letting agency which appears to have gone under.

Tenant demo in London calls for rent controls

Tenant demo in London calls for rent controls

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Hundreds of tenants have staged a protest in central London calling for the government to introduce rent controls.

Major national park moves to restrict holiday lets

Major national park moves to restrict holiday lets

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One of the UK’s larger national parks is planning to stop any new homes that are built within it being used as holiday/short lets or second homes.

Legal Matters: Serving notices, don’t fall foul of the law

Legal Matters: Serving notices, don’t fall foul of the law

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A crucial task for landlords and agents is to correctly serve statutory notices and other documents

What should the new rental contracts be called? Have your say!

What should the new rental contracts be called? Have your say!

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Property experts are pondering what the government might name new tenancies created by the Renters’ Rights Bill.

Council takes unusual approach to signing off HMOs

Council takes unusual approach to signing off HMOs

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A district council has come up with a set of exceptional circumstances to help decide when to give the go-ahead to new HMOs.

Student landlord lands £2.3 million refinancing deal

Student landlord lands £2.3 million refinancing deal

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A landlord in Liverpool has secured £2.3 million to refinance eight student HMOs within the city and unusually has gone public about the deal.

Letting agent slams police over 'lack of justice'

Letting agent slams police over 'lack of justice'

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A letting agent has criticised police who failed to act when vandals threw a brick through one of his tenant’s windows.

Landlords, Fed Up with the Labour Government? Sell your Portfolio NOW

Landlords, Fed Up with the Labour Government? Sell your Portfolio NOW

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The never-ending onslaught of landlords, including the abolition of Section 21, tough EPC rules, and changes to stamp duty, have left landlords fed up and thinking of throwing in the towel.

Energy firms called out over HMO tenant utility bill problems

Energy firms called out over HMO tenant utility bill problems

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A tenants’ champion has slammed energy companies for failing to help renters with energy bill problems at HMOs.

Landlords fume after letting agency shuts down owing money

Landlords fume after letting agency shuts down owing money

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Northwood letting agency in Romford has gone bust, leaving angry landlords out of pocket.