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Is property development now more attractive than landlording?

Is property development now more attractive than landlording?

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Rental property yields are shrinking as the costs created by more regulations and legislation eat into landlord profits – so is it time more BTL landlords became SME developers?

Tenant group says 'landlords can't be trusted' to regulate themselves

Tenant group says 'landlords can't be trusted' to regulate themselves

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Scotland’s tenants’ union has warned that removing rent rise reprotections will lead to an uptick in de facto evictions and homelessness.

Big Kent council latest to offer landlords 'guaranteed rent'

Big Kent council latest to offer landlords 'guaranteed rent'

News

Maidstone Borough Council has become the latest authority hoping to entice private landlords to hand over their properties in exchange for guaranteed rent.

Landlord to pay £37,000 after running overcrowded illegal HMO

Landlord to pay £37,000 after running overcrowded illegal HMO

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A rogue landlord who squeezed six people into one room of his HMO has been told to pay £37,000 in fines and costs.

CLAIM: Labour's 'new towns' will be all about BTR not private landlords

CLAIM: Labour's 'new towns' will be all about BTR not private landlords

News

The UK’s new towns will favour build-to-rent developers rather than private landlords, according to a think tank which labels them “profit-seeking institutional investors”.

Big London council to bring back selective licensing

Big London council to bring back selective licensing

News

Croydon has announced plans to bring back its selective licensing scheme after a five-year break.

Lettings agency pays high price for ignoring HMO regulations

Lettings agency pays high price for ignoring HMO regulations

News

A student housing firm has been told to pay £13,160 for breaching safety regulations at a Salford HMO.

Landlords in-line for a £20bn energy efficiency bill

Landlords in-line for a £20bn energy efficiency bill

News

Landlords will collectively have to spend more than £20billion making improvements to their rental properties to meet proposed new energy efficiency standards

Developer in hot water after Rightmove offers Premier Inn rooms to rent

Developer in hot water after Rightmove offers Premier Inn rooms to rent

News

Gravesham Council is looking into a possible planning breach after studio flats were advertised for rent at a disused Premier Inn.

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LATEST: Pet-owning resident in legal clash with freeholder over 'permission'

LATEST: Pet-owning resident in legal clash with freeholder over 'permission'

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A dog-owning tenant has launched a legal challenge against her freeholder which could result in parting with her pets or the leasehold. The womans partner moved into her property five years ago with three small dogs and admitted this to the freeholder. It then sent her a

PetScore referencing service for landlords officially launches

PetScore referencing service for landlords officially launches

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A tech professional who is also a landlord has launched what she believes to be the ideal solution to the impasse between landlords who won’t take tenants with pets, and the estimated 7.6 million tenants in the UK who want to live with their cats or dogs.

Throuple trouble? Modern relationships making HMO compliance tricky, warns top lawyer

Throuple trouble? Modern relationships making HMO compliance tricky, warns top lawyer

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Landlords and agents must make sure they dont come a cropper deciding what constitutes a single household when vetting HMO tenants in an age of polyamorous relationships, warns a top property lawyer. While the legal definition of a household can be explained quickly, re

HMRC claws back �254 MILLION from landlords via Let Property campaign

HMRC claws back �254 MILLION from landlords via Let Property campaign

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Just over a quarter of a billion pounds has been clawed back from landlords since HMRC's Let Property campaign began eight years ago, it has been revealed. The latest figure for the campaign were revealed by Financial Secretary to the Treasury Jesse Norman in response to a writt

UK landlords could reap rich rewards from Afghan crisis

UK landlords could reap rich rewards from Afghan crisis

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With private rentals and holiday homes in high demand, many due to Covid and holiday staycations, some councils are offering landlords some very attractive incentives, dubbed golden hellos� of up to �3,500. Some councils have been offering private landlords and second home

HMO landlord hit hard by Scotland's tough licensing regulations

HMO landlord hit hard by Scotland's tough licensing regulations

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A landlord who was hauled up on minor maintenance issues has been refused an HMO licence by Glasgow City Council. Khurshid Begum told its licensing and regulatory committee that he had sorted all the problems at his property in Grant Street, Hillhead, but councillors would still

Explained: Major upcoming EPC Regulation changes for Buy-To-Let landlords

Explained: Major upcoming EPC Regulation changes for Buy-To-Let landlords

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The UK Government has identified that homes across the UK contribute about 1/5 of all carbon emissions from the country. In order for the UK to reach its ambitious carbon neut

Why technology can give your business a big break

Why technology can give your business a big break

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As a landlord, your life is far from idle as you work hard to find new tenants, manage your current ones, do the admin, find reliable tradespeople and much more.<br>Faced with

SNEAK PEEK: Barratt reveals micro flat concept being built in London

SNEAK PEEK: Barratt reveals micro flat concept being built in London

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House building giant Barratt has revealed what it claims to be the future of UK housing a 37 sq metre one-bedroom apartment for sale at �285,000. The 160 initial Smrt homes are within the companys huge Eastman Village development in Harrow, North London where event

London council plans triple whammy of landlord licensing and regulation

London council plans triple whammy of landlord licensing and regulation

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Merton Council, which includes the famous Wimbledon lawn tennis centre, is embarking on a big push to license all rented properties and HMOs in the borough as well as limiting the growth of small HMOs. It wants landlords to take part in its new consultation on plans for <strong

PROBE: Landlords complain about rent-to-rent firm as deals go sour

PROBE: Landlords complain about rent-to-rent firm as deals go sour

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Complaints from landlords and letting agents have been passed to LandlordZONE about a rent-to-rent provider whose founder is lauded online for raking in up to �12,000 a month. <figure id="" class="w-richtext-figure-type- " data-rt-type="" data-rt-align=""><div><img src="https://uploads-

Autumn Statement latest: Chancellor reveals tax rises for landlords

Autumn Statement latest: Chancellor reveals tax rises for landlords

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Landlords face higher bills from next year after Chancellor Jeremy Hunt slashed the annual threshold for Capital Gains Tax from �12,300 to �6,000 next year and �3,000 from April 2024. Although a rise in CGT didnt materialise, he followed the Office of Tax Simplification

LATEST: Government has 'broken the PRS' during its war on landlords

LATEST: Government has 'broken the PRS' during its war on landlords

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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

NEW: Brighton squeezes HMO sector even harder with new policies and guidance

NEW: Brighton squeezes HMO sector even harder with new policies and guidance

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Brighton &amp; 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

Welsh landlords &amp; agents have serious misgivings about longer notice periods

Welsh landlords &amp; agents have serious misgivings about longer notice periods

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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 to widen HMO planning restrictions covering 'thousands' of houses

Leicester to widen HMO planning restrictions covering 'thousands' of houses

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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

Japanese knotweed is a well known menace but bamboo can be worse...

Japanese knotweed is a well known menace but bamboo can be worse...

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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

Are you ready for the switch to digital tax submissions?

Are you ready for the switch to digital tax submissions?

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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

REFORMS: 'Rethink your plans on Section 21 evictions' landlord tells MPs

REFORMS: 'Rethink your plans on Section 21 evictions' landlord tells MPs

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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

Chancellor 'planning tax raid on landlords' to plug �50bn hole in public finances

Chancellor 'planning tax raid on landlords' to plug �50bn hole in public finances

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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

LATEST: Bankrupt landlord jailed over failure to declare HMO property income

LATEST: Bankrupt landlord jailed over failure to declare HMO property income

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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

Interest rates have gone up, but here's why Landlords don't need to panic

Interest rates have gone up, but here's why Landlords don't need to panic

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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

Gove returns to Government and re-commits to the Renters' Reform Bill

Gove returns to Government and re-commits to the Renters' Reform Bill

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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

INTERVIEW: Why one of UK's biggest PRS landlords sold off their properties

INTERVIEW: Why one of UK's biggest PRS landlords sold off their properties

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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

Serco offers private landlords attractive deal to help house asylum seekers

Serco offers private landlords attractive deal to help house asylum seekers

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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

LATEST: New Housing Minister is a landlord as Gove clears out Truss appointees

LATEST: New Housing Minister is a landlord as Gove clears out Truss appointees

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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

Firms involved in �2.4 million property investment scam are shut down

Firms involved in �2.4 million property investment scam are shut down

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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

RICS survey indicates global downturn in commercial property market

RICS survey indicates global downturn in commercial property market

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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

Landlord vents anger at councils who tell bad tenants to ignore eviction notices

Landlord vents anger at councils who tell bad tenants to ignore eviction notices

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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

London rents rise faster than inflation to �1,499 a month as tenants fight over flats

London rents rise faster than inflation to �1,499 a month as tenants fight over flats

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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

LATEST: 'Rishi' effect kicks in as mortgage rates begin to reduce

LATEST: 'Rishi' effect kicks in as mortgage rates begin to reduce

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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

City to fine landlords up to �5,000 for failing to attain EPC E rating for properties

City to fine landlords up to �5,000 for failing to attain EPC E rating for properties

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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

Legislation: What do landlords and agents need to know?

Legislation: What do landlords and agents need to know?

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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

Navigating soaring energy bills and the cost of living crisis - Property podcast - Total Landlord Insurance

Navigating soaring energy bills and the cost of living crisis - Property podcast - Total Landlord Insurance

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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