It’s a mixed picture in the UK property markets - UK rents fall for first time in five years, house sales rise and commercial recovery property stalls
The Royal Institution of Chartered Surveyors (RICS) has urged flat owners to check assessors’ credentials after a fire engineer was sanctioned by the Institution of Fire Engineers for unprofessional conduct.
Letting agents have warned Westminster Council that its plan to ban advertising boards outside landlords' properties borough-wide could cause delays for renters.
Rightmove says the average rent in the UK now eats up 50% of the net income of those living within the private rented sector where the monthly rent per property is now £1,526.
Numbers of non-decent homes and Category 1 hazards in the PRS have fallen in recent years, although problems with damp are on the rise.
The Scottish government’s proposed rent control formula is generous to landlords but would leave tenants vulnerable to unaffordable rent rises, says Generation Rent.
Croydon Council is calling on local residents to report concerns about unauthorised HMOs as it ramps up action against errant landlords.
There is still widespread frustration and bewilderment among landlords and agent that rent controls are the only policy intervention to help tackle affordability in Scotland
Rent inflation continued to climb last month up by 0.1% to 4.7%, the Governments latest data for England shows. The Official for National Statistics (ONS) reports the annual increase, which compares the 12 months to the end of April 2023 to the previous months rent data.</
In this bonus episode of The Property Cast, Sean Hooker, Head of Redress at the Property Redress Scheme, and leading property expert Kate Faulkner OBE, share their initial reactions to the Renters (Reform) Bill. In perhaps the biggest shake-up of the private rented sector in ove
Large portfolio landlords are feeling upbeat despite the tough economic climate, with many eyeing the commercial sector for their next property purchase. The https://www.handelsbanken.co.uk/en/about-us" target="_blank" Handelsbanken </a
Labour has vowed to abolish the leasehold system as soon as it comes to power following Michael Goves U-turn earlier this month. The Housing Secretary dropped https://www.landlordzone.co.uk/news/new-gove-sets-sights-on-scrapping-leasehold-ownership/" target="_blank"
Environmental health bodies are to press the government on why it omitted plans for a Decent Homes Standard in the Renters (Reform) Bill. Despite including most of the promised draft legislation, the expected standards were missing and only mentioned in an accompanying press rel
A proposed ban on fixed-term tenancies could penalise students amid an already heightened rental crisis in many cities. According to student rentals platform StuRents�
The increasingly rancourous debate between Airbnb landlords and legislators will come to a head in York this week as the city's MP convenes a public meeting to discuss the growing problem of short lets within its walls. MP Rachel Maskell (main picture) is one of six mostly Labou
Property management professional David Goldberg recently revealed that in the long term, investing in so-called build-to-rent developments will prove to be more profitable for investors than buy to let. He claimed that built-to-rent looks to be a win-win for both tenant
Exeter is considering extending its Article 4 direction to help manage the impact of the citys student population. The current Article 4 restricting landlords rights to convert properties into HMOs is in an area close to the University of Exeters Streatham and S
All non-domestic properties usually have their business property Rateable Value (RV) revalued every five years by the Valuation Office Agency. The next revaluation is due to take place on 1 April 2023. What is Rateable Value? The value is determined by the Valuation
The average cost of rent fell slightly during December, dropping 1.47% to �1,071, according to the latest Rental Index from https://www.goodlord.co/" Goodlord .<br><br>The South West saw the largest reduction of 2.68% to �1,066 while the only region to see an increase wa
Landlords should think carefully before attempting to remove good tenants who resist rent increases, advises https://www.landlordaction.co.uk/ Landlord Action founder Paul Shamplina - or risk replacing them with tenants who stop paying rent. If you have a
A letting agency boss has been hit with an 11-year ban after repeatedly abusing the https://www.landlordzone.co.uk/news/landlords-who-took-out-bounce-back-loans-given-six-month-breathing-space/" Bounce Back Loan scheme. Laszlo Szabo, the sole director of Letti
Almost two-thirds of landlords (62%) will be forced to raise rents by at least 10% in the next 12 months if market conditions dont improve. Research by Aldermore Bank found that despite this, landlords feel conflicted about passing on costs in an alread
Legal & General Capital helped fund more than 17,000 new homes across affordable housing, suburban build-to-rent (BTR), modular housing, traditional build-to-sell, and key worker homes last year. The insurance group invested �5 billion towards levelling up the UKs towns
If you havent heard of it before, the Renters' Reform Bill is set to be voted on before May 2023, bringing with it a plethora of proposed changes for landlords and tenants alike. Shelter , who along with other organisations are cam
Long-term HMO landlords in Portsmouth risk losing their C3/C4 status with no chance of getting it back due to confusion over planning rules, it is claimed. Many took advantage of the option to switch between family use (C3) and HMO (C4) without needing planning permission in 201
The rental sector is likely to see some of the biggest changes since the 1980s, so do your homework and keep yourself up-to-date. All the signs are that operating as a residential landlord in 2023 will be just as challenging as it was last year, if not more so here are my to
Leading property sector figure Kate Faulkner has been given an OBE in the New Years Honours List. Faulkners honour is for her involvement with landlords, estate agents and consumers including her work leading the property industry Home Buying and Selling Grou
The worst fears of a commercial landlord are realised when the flow on quarterly or monthly rent payments starts to dry up! Read on to find out what to do if you're faced with this. According to the latest available Office of National Statistics (ONS) figures, the number of comp
The NRLA has backed the growing number of student landlords 'panicked' by the Governments plans to bring in periodic or open ended tenancies across the private rental sector. Concern is widespread within the student community, new research reveals, with 84% saying they
A landlord in the Midlands has launched a parliamentary petition calling on the Government to reverse its Section 24 tax changes for landlords, which since 2017 has gradually removed their ability to claim mortgage interest rate against their tax liability. Announced by George O
Nearly two-thirds of private rental properties wont reach proposed minimum EPC levels, according to new research. Data compiled for property data platform LandTech shows that 64% of private rental properties would fail to reach an EPC rating of C or abo
Only landlords with property incomes over £30,000 will now need to comply with HMRC's looming https://www.gov.uk/government/publications/making-tax-digital/overview-of-making-tax-digital" target="_blank" Making Tax Digital (MTD) https://www
One of Londons leading property management figures has said the Governments plans to abolish section 21 evictions is a sledge hammer to crack a nut and not an effective solution to the issue of bad landlords within the private rented sector. The comments come from An
Landlords in Scotland have been hit with a stamp duty rise as the government strives to raise additional revenue. It announced legislation in the Budget statement to increase the rate of the Additional Dwelling Supplement from 4% to 6% for second home buyers and buy-to-let landl
The Welsh Government wants to know what landlords who operate holiday accommodation in the country think of its proposed regulation of the sector. Following a https://www.landlordzone.co.uk/news/breaking-labour-and-plaid-cymru-to-jointly-force-through-rent-controls-in-w
In September the Government announced a �2bn plan to offer home insulation grants of up to �5,000 per household in England. This is to be known as the https://www.gov.uk/guidance/apply-for-the-green-homes-grant-scheme" target="_blank" Green Homes Grant and has replaced
A landlord whos facing bankruptcy has written to Housing Secretary Michael Gove voicing his frustration that he is not eligible for any cladding funding despite only earning �63 a week from his properties. The landlord, who has BTL interest-only mortgages, has two freehold s
A staggering 85% of letting agents in Scotland report that landlords want to sell up following the governments move to ban evictions and rent increases until next April. Propertymark members in Scotland say that even more worryingly, 68% of agents had already seen an increase
Just 0.2% of private landlords would qualify for full state support to help upgrade their properties under a proposed scheme to get the UKs walls insulated, while 87% would be liable for the full costs. The Economy 2030 Inquiry says simply basing hand-outs on means-tested ben
The Government appears to have confirmed that it will get rid of both Assured Periodic Tenancies and fixed-term tenancies in favour of a single, universal periodic tenancy. This was originally flagged up in its https://www.landlordzone.co.uk/news/latest-renting-re
A couple of weeks ago I was invited by the owners of a build-to-rent development in Wembley to see at first-hand what this emerging kind of rental property looks like in this case a 440-unit just off the A406 called WemLondon . <figure id="" class="w-richtext-fi
Liverpool Council would take almost 150 years to process all its selective licensing applications at the current rate, according to shocking new data, raising questions about its potential to address poor quality housing. Housing bosses told the https://liverpool.gov.uk
