Business rates revaluations are scheduled at certain times, but if these occur during period of high inflation the new fix could put businesses and commercial landlords at risk. Though business tenants are liable to pay business rates, landlords should be concerned because they
Labour's Lisa Nandy has criticised landlords and vowed to help the social rented sector overtake the private rented sector as the second largest housing tenure in the country. In a speech to the ongoing Labour party conference, shadow Levelling Up Secretary Lisa Nandy said it wo
A Uttoxeter-based landlord, Gunes Ata, aged 47, has been successfully prosecuted by Sheffield City Council for repeatedly failing to provide his leaseholder tenants with the detailed information they are entitled to when presented with their service charges. Mr Ata, who owns She
Kwasi Kwarteng failed to deliver the hoped-for repeal of Section 24 in his mini-Budget but confirmed a permanent cut in stamp duty. The chancellor raised the threshold before stamp duty is paid to �250,000 and for first-time buyers, to �425,000 - cuts universally panned by mor
Fire doors and fire door safety are key elements in the Government's drive to improve fire safety post-Grenfell.
Landlords have been offered a glimmer of hope by the new Prime Minister whos hinted that shes not adverse to considering the repeal of Section 24. https://www.nrla.org.uk/" target="_blank" NRLA boss Ben Beadle n
Landlords have slammed the Governments new plans to force HMO landlords who operate all inclusive rental properties to pass on the �400 rebate being made available via the Energy Bills Support Scheme (EBSS). This announcement is an abrupt U-turn previously Minister
The MP replacing Eddie Hughes at the Department of Levelling Up, Housing and Communities (DLUHC) is Lee Rowley. This 42-year-old MP and Leave voter, who was elected to parliament by the constituents of North East Derbyshire in 2017 following his two unsuccessful bids in other co
Landlords should expect more form filling after agents were advised to complete due diligence on all their clients to combat money laundering. Recently approved government guidance designed to help property agents comply with money laundering regulations - covering customer due
New year, new you. Sound familiar? Many of us start the new year with the very best of intentions, only for them to fall by the wayside.
Private equity firms and pension funds have been upping the ante with their investments in the UK rental market
Landlords should check whether they’re in one of 37 licensing schemes under consultation or about to be implemented – or risk a huge fine.
Landlords would be banned from demanding several months’ rent in advance under new amendments to the Renters’ Rights Bill.
Landlords in Northern Ireland must soon guarantee that electrical safety checks have been carried out at private tenancies.
Councillors have labelled a proposed voluntary landlord initiative to raise standards in North East Lincolnshire, “a waste of time”.
A leading Scots letting agent has warned that policies which seek to undermine the PRS are damaging tenants’ wellbeing.
Landlords have accused the Government of "breaking the private rented sector" with its relentless regulatory and tax policies. The comments have been made by the NRLA, which says that while demand for rented homes is rising as home ownership becomes less affordable, the number o
Brighton & Hove Council is squeezing its HMO sector even harder by introducing a tough new set of policies designed to reduce their impact on local communities. Its City Plan Part 2 includes new guidance for those applying for planning permission as well as rules covering bu
The way that private rented sector (PRS) landlords operate their properties in Wales is going through one of the biggest changes in decades as the Welsh Government, under its devolved powers, pass and implement the https://www.legislation.gov.uk/anaw/2016/1/contents" target="_blank
Leicester city council councillors are to vote next week on plans to significantly widen local planning laws to clamp down on the spread of HMOs. The measures are to be brought in following a public consultation that finished in January this year. Leicester has had a
The mention of Japanses knoweed has the effect of putting the fear of God in property owners, but the bamboo plant, which is lesser known, can be even more devastating. Homeowners have been planting bamboo for years in Britain to create an exotic oriental ornamental feature or a
The Making Tax Digital initiative (MTD) is a HMRC scheme that aims to modernise income tax accounting and reporting, making the process fully digital. The idea is to improve HMRCs efficiency and reduce costs to the taxpayer by processing business, property and individual tax affairs on-l
Successful landlord and property developer Kathy Miller has urged the government to rethink its plans to abolish Section 21 or face a big rise in court cases and spiralling bills for unpaid rent and property damage. <figure id="" class="w-richtext-figure-type- " data-rt-type="" data-rt-a
Landlords could be hit with a rise in capital gains tax (CGT) along with cuts in reliefs and allowances as part of the Chancellors autumn statement due on November 17th. According to a report inhttps://www.telegraph.co.uk/" https://www.telegraph.c
A bankrupt landlord in the Midlands has been jailed for eight months after failing to tell the Official Receiver about an HMO property he owned in Coventry. The house at 35 Walsgrave Road, Coventry, which yielded a rent of �1,900 a month for Sukhi Sanghera, was not flagged up b
Landlords have been under a lot of pressure recently, with interest rates going up, house prices dropping, and changes in government, anxiety levels have been at an all-time high. But despite the current state of affairs, we still have options to help us get through this patch without panic
Secretary of State for Levelling Up, Housing and Communities, and Minister for Intergovernmental Relations, Michael Gove, has reaffirmed his department's commitment to reforming the private rented sector (PRS). It will follow closely the recommendations in the Governments pol
Scots entrepreneurs Graeme and Leanne Carling were one of the most successful landlords of the late noughties, taking advantage of the weakness in the property market following the global financial crash to build a bricks-and-mortar empire worth �200 million. This made their co
Private contractor Serco wants more landlords to take in asylum seekers as record numbers continue to cross the Channel. The company is offering to organise a five-year lease with no void periods, regular rent payments without arrears, free repairs and maintenance, full HMO and
Landlords might have found themselves an ally in the newest minister at the Department for Levelling Up, Housing and Communities. Lucy Frazer - the latest MP to join returning boss https://www.landlordzone.co.uk/tag/michael-gove/" target="_blank" Mic
A group of companies involved in substantial property investment scams has been wound up by the High Court and an official received appointed to liquidate the four firms involved. These are Sentor Solutions Commercial Ltd , Fabcourt Deve
The RICS global Commercial Real Estate Market Monitor (Q3 2022) is indicating that the sector is in the early stages of a downturn. Thats according to around 81% of the surveys respondents in Q3 2022. It marks a significant increase from the previous quarter sample when just 11% of th
A concerned landlord has shared his frustration at the way councils manage problem tenants facing eviction by telling them to stay put while they are found alternative accommodation, informing the tenants that they will be making themselves 'intentionally homeless' if they move out. <p i
Continued demand for detached properties and a post-Covid resurgence in rent for flats has pushed annual increases in London above inflation. Average rents have accelerated by 4% to �1,499 during Q3 more than double the previous quarters rise and up 11% (�160) highe
The Rishi effect has started to impact mortgage rates just a day after the new PM was announced. As former Chancellor Rishi Sunak moves into number 10, some lenders have announced plans to drop their rates from tomorrow; Coventry Building Society is reducing its new busine
Nottingham landlords could face a �5,000 fine if their property doesnt have an EPC E rating as the city council bids to crack down on cold homes. The authority has agreed to adopt financial penalties under the Energy Efficiency (Private Rented Property in Engla
In this episode of The Property Cast, we discuss how landlords and agents can stay on top of their legal obligations. Landlords now have to meet 168 rules and regulations to let a property legally, but what are the latest legislative updates that landlords and agents need to kno
In this episode of The Property Cast, Eddie and Paul welcome energy expert and Head of Tenancy Services at Goodlord, Rik Smith. Drawing on his in-depth knowledge of the residential energy market, Rik cuts through the jargon to explain what is happening in the energy market at la
The Property Cast returns for 2022 and our first episode discusses what the Governments strategy is to achieve decarbonization of the private rented sector? What is the NRLA doing to support landlords? And what do landlords need to know? Eddie and Paul are joined by CEO of th
With inflation now into double figures, with all the financial shenanigans over the mini budget, the 10 year risk free bond yield at around 5 percent, its sending mortgages rates above 6 per cent, so how low will house prices go? It seems inevitable prices will fall, but by h
A prominent landlord in the North East has told the BBCs Newsnight programme that unless variable mortgage rates reduce he will have to start handing the keys back to the ten or so properties within his portfolio. <figure id="" class="w-richtext-figure-type- " data-rt-type="" da
