A costly HMO conversion could prove a worthwhile long-term investment, with the average 8.1% HMO yield far higher than the 4.4% generated by a regular rental property, according to research by Octane Capital.
The mandatory national Property Portal for landlords to be introduced by the Renters (Reform) Bill next year will stop the spread of borough-wide selective licencing schemes, a leading MP has claimed.
Michael Gove used his speech to introduce the second reading of his Renters (Reform) Bill to pour cold water on calls for rent controls while also trying to reassure ‘good’ landlords that the abolition of Section 21 ‘no fault’ evictions will not affect them.
Following months of uncertainty, this year will be looked back upon as a tumultuous one for landlords.
Yes, legal terms confuse and like many specialisms, the confusion is added to by the fact that different terms often have essentially the same meaning.
A judge has opened the door to higher compensation being paid by landlords if they fail to protect their tenants’ rental deposits within one of the official schemes.
More detail on what information landlords will have to provide to the looming Property Portal have been revealed by the Government.
The Government has said it supports measures that will allow landlords to either charge tenants with cats or dogs both pet insurance at the beginning of tenancies or request that they take out a policy themselves.
A renters’ lobbying says its polling of England’s private renters has found a majority support the changes within the looming Renters (Reform) Bill getting its second reading today in parliament.
The Renters’ Rights Bill has had its first reading in the House of Lords and is due for a full debate on 4th February.
Local councils will be offered up to £79,000 to refurbish an empty property under the government’s new High Street Rental Auctions initiative.
Burnley has given the green light to a bigger selective licensing scheme covering 3,700 private rented properties.
Letting agents have reported that institutional and portfolio landlords are moving in to buy stock from exiting landlords.
Budget changes present businesses including landlords and letting agents with some real stiff challenges in 2025
Social media users have ridiculed a landlord for advertising an expensive room - but asking would-be tenants to stay out until after 8.30pm.
Average rent in England increased 9.2% to £1,369 in the 12 months to December - slightly down on the previous record-high annual growth.
A landlord couple who moved into their tenant’s spare bedroom while she was still living there have been fined.
The Bill has moved another step closer to becoming law, with MPs agreeing amendments that include preventing landlords from taking more than one month’s rent.
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
According to many companies, heat pumps are our salvation. To homeowners and landlords, they are expensive to buy. Thats okay, right? Not quite. Home boiler installation experts at Boiler Central have recently seen homeowners return to their natural gas boilers due to heat pu
Scotlands shock new rent https://www.landlordzone.co.uk/news/breaking-nichola-sturgeon-to-reveal-national-rent-freeze-in-scotland/" freeze policy announcement has left worried landlords in the dark, according to the countrys largest letting ag
Housing minister Eddie Williams has thrown in the towel and says he is looking forward to having more time to work for his constituents in Walsall North and championing their causes in parliament. The Midlands MP, who has been at the housing department since June 2018
Under plans to get tough on landlords, stricter standards will be brought in to eliminate unsafe and cold rental housing says the Government Landlords could be facing six-month prison sentences if they let older homes that are unsafe and cold for their tenants. Under
Mortgage brokers around the UK have reported a big rise in tenants being given first refusal to buy their rental property as more amateur landlords head for the exit. <figure id="" class="w-richtext-figure-type- " data-rt-type="" data-rt-align=""><div><img src="https://uploads-ssl.webflo
HMO landlords and their tenants will both miss out on the �150 Council Tax Energy Rebate payment, the Department for Levelling Up, Housing and Communities (DLUHC) has announced. <figure id="" class="w-richtext-figure-type- " data-rt-type="" data-rt-align=""><div><img src="https://upload
The UKs Prime Minister Lizz Truss has named Simon Clarke as her Levelling Up, Housing and Communities secretary of state following her confirmation as Prime Minster. Truss, who won 57.4% of the Conservative Party membership vote to get the job, had previously been rumoured to
John Blackwood , (pictured) Chief Executive of the Scottish Association of Landlords (https://scottishlandlords.com/" target="_blank" SAL ), has warned of dire repercussions for the private rented sector is his country's Governm
Scottish First Minister Nicola Sturgeon has revealed that her government is to introduce a national rent freeze and bank on evictions as part of her governments 'emergency legislation' to tackle the cost-of-living crisis, both of which will last until at least the end of March next year.
The https://www.gov.uk/government/organisations/department-for-levelling-up-housing-and-communities" Department for Levelling Up, Housing & Communities (DLUHC) has dismissed concerns from HMO student landlords that its plans to bring in periodic tenancies will damage
One of the main tasks you have as a landlord is finding quality tradespeople to repair and maintain your rental properties. Whether its a big landscaping project, or a small leak its important to hire people who know what theyre doing. Unfortunately for many landl
More than 5,000 leaseholders including landlords could get refunds on their ground rent after the Competition and Markets Authority (CMA) secured assurances from nine firms that bought freeholds from housing developer Taylor Wimpey. Those leaseholders who paid a doubled
More councils are set to introduce Article 4 directions in a bid to clamp down on HMO development, with six currently waiting for approval. There are already about 45 local authorities in England partly or entirely affected by Article 4 which means planning permission is nee
A new landlord survey has revealed the effects of the Government's proposals to ban Section 21 evictions already feeding into the private rented sector. Evictions specialist Landlord Action canvassed some 1,500 landlords and found that 26% of those who had evicted a tenant over
Its known as silly season when the media focuses on light-hearted stories, but news that Jacob Rees-Mogg (pictured) is being mooted as the new Levelling Up Secretary has been seen by some as no laughing matter. As the leadership contest draws to a close, preparations fo
Making tax digital (MTD) for income tax is part of the governments long-term strategy to digitalise tax and will have implications for how landlords pay tax on their income. For those used to self-assessment, it will represent a change, but providing digital records will give businesses
VAT on Commercial Property is a complex topic and anyone wishing to understand these complexities in relation to their own situation should seek specialist advice. This article should give a broad brush general overview but you really should seek advice because errors can be irredeemable an
A rogue portfolio landlord has been banned from letting properties for five years after she admitted multiple offences relating to fire safety issues. Naomi Knapp, a landlord with 34 properties in Bristol, was convicted of eight banning order offences and will now be added to th
Urgent regulation of the spray foam industry is needed to prevent making thousands of homes un-mortgagable, warn leading property groups. Sprayed polyurethane expanding foams are often used in lofts, either to stabilise a failing roof covering or to provide extra insulation. But
