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Average holiday home investor income rises by 59% since 2019

Average holiday home investor income rises by 59% since 2019

News

The UKs largest holiday home rentals website has published shocking figures that reveal the average income earned by property investors on its platform. Sykes Holiday Cottages Holiday Letting Outlook Report 2023 reveals that its average owner saw an income of �24,000 last

Tribunal slams councils for 'cash cow' licencing schemes that aren't needed

Tribunal slams councils for 'cash cow' licencing schemes that aren't needed

News

A First Tier Property Tribunal has slammed Nottingham Council for covering large swathes of the city with licensing schemes rather than targeting rogue landlords, a 'temptation' it says is faced by other local authorities. Justice for Tenants brought a case on behalf of a tenant

Shrinking buy-to-let could see a buy-to-let mortgage drought

Shrinking buy-to-let could see a buy-to-let mortgage drought

News

As landlords continue to exit the buy-to-let market, to the detriment of their tenants, could this rout also lead to buy-to-let mortgage lenders following their lead? This is a question posed by Chloe Cheung writing for the FT this last weekend. Its a serious question, a deve

Letting agents back HMO council tax re-banding reform proposals

Letting agents back HMO council tax re-banding reform proposals

News

Letting agents have backed the Governments decision to reform the way HMO properties are banded for council tax. Propertymark, which represents the estate agency sector, says in its submission to a consultation by the Department of Levelling Up, Housing and Communities that p

LATEST: Greens say 'immediate' rent freeze is only answer to housing crisis

LATEST: Greens say 'immediate' rent freeze is only answer to housing crisis

News

Landlords wanting to back the eco movement may want to pause for thought after the Green Party today vowed to bring in an immediate rent freeze and no-fault eviction ban to tackle the housing crisis. During an election campaign visit to Suffolk, party co-leaders Carla Denyer and

Landlord jailed after ignoring court order to improve rat-infested property

Landlord jailed after ignoring court order to improve rat-infested property

News

A rogue landlord has been jailed for 10 months after he failed to comply with conditions set by a court concerning his rat-infested property. Martin Ambler admitted four counts of breaching a criminal behaviour order in May 2022 but sentencing was deferred so that he could instr

Have you been hit by the 'cost of landlording' crisis? Here's some help

Have you been hit by the 'cost of landlording' crisis? Here's some help

News

There is a lot of talk at the moment about how rents are up by 11% across the UK and although I know its tough on renters, landlord costs have, in many cases, doubled. This includes mortgage premium payments following interest rates rises from 0.5% to 4% in just 12 months, an

Tory think-tank and Shelter push for three-year tenancies for PRS

Tory think-tank and Shelter push for three-year tenancies for PRS

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The government should introduce three-year tenancies to protect tenants from uncertainty and rising rents, according to a liberal conservative think tank report. The Bright Blue group has teamed up with Shelter to publish, <strong id

NEW: Coalition slams Scots Government over rent cap and evictions freeze

NEW: Coalition slams Scots Government over rent cap and evictions freeze

News

Landlords have heavily criticised the Scottish governments decision to implement its evictions freeze and rent cap without a proper consultation. The measures, which were widely criticised earlier this year for being rushed through, are now being fought by a coalition of orga

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Landlord reveals nightmare cannabis factory saga

Landlord reveals nightmare cannabis factory saga

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I’m writing this article to highlight the pitfalls landlords can face, and to share what I’ve learned from my experience.

Shocking number of prospective tenants fail to be 'rent ready'

Shocking number of prospective tenants fail to be 'rent ready'

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More than a third of tenants looking for a new home aren’t organised to move, despite the fiercely competitive rental market.

New deadline set for landlords to file digital tax returns

New deadline set for landlords to file digital tax returns

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News
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Landlords earning more than £20,000 will have to use the Making Tax Digital for Income Tax Self-Assessment by the end of the current Parliament.

Deposit-free offer sees boost in landlords' short-let bookings

Deposit-free offer sees boost in landlords' short-let bookings

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News
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PropTech firm Rentals United aims to disrupt the short-let market with a property damage protection service paid for by a small nightly fee.

BLOG: 'Don't punish Scottish landlords for doing the right thing'

BLOG: 'Don't punish Scottish landlords for doing the right thing'

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Policymakers must act to right the wrongs that have been foisted upon the PRS in recent years, says Scottish landlord group.

Are your properties ready as the mercury falls?

Are your properties ready as the mercury falls?

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The clocks have gone back and there is a distinct chill in the air – and with the winter months almost upon us now is the perfect time to make sure your properties are prepared for a cold snap.

Landlords and agents slammed by BBC over 'bidding war' tactics

Landlords and agents slammed by BBC over 'bidding war' tactics

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News
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Many landlords and lettings agents are prepared to use a shortage of rental properties to their advantage, viewers of the BBC’s Morning Live show were told.

71% of tenants have 'no issues' paying their rent, reveals official data

71% of tenants have 'no issues' paying their rent, reveals official data

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News
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New official data about the private rented sector reveals that it is in better shape than some tenants’ rights groups like to claim.

Renting reforms will 'break' local councils warn environmental health officers

Renting reforms will 'break' local councils warn environmental health officers

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News
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The Chartered Institute of Environmental Health (CIEH) has warned that the Renters’ Rights Bill will place a huge enforcement burden on already stretched local councils.

Tenants in England now pay 50% their income in rent

Tenants in England now pay 50% their income in rent

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News
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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.

Housing quality in rented sector rising - but so's damp

Housing quality in rented sector rising - but so's damp

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News
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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.

Rent controls in Scotland 'favour landlords' says Generation Rent

Rent controls in Scotland 'favour landlords' says Generation Rent

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News
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The Scottish government’s proposed rent control formula is generous to landlords but would leave tenants vulnerable to unaffordable rent rises, says Generation Rent.

Big council urges public to report rogue HMO landlords

Big council urges public to report rogue HMO landlords

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News
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Croydon Council is calling on local residents to report concerns about unauthorised HMOs as it ramps up action against errant landlords.

Landlords 'bewildered and frustrated' by Scotland's latest rent controls

Landlords 'bewildered and frustrated' by Scotland's latest rent controls

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News
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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

CLAIM: Investors 'moving out of residential into commercial'

CLAIM: Investors 'moving out of residential into commercial'

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News
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Investors have started buying up shops and offices in London rather than houses in order to turn a profit.

Midlands landlord to pay £20,000 after ignoring improvement notice

Midlands landlord to pay £20,000 after ignoring improvement notice

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A landlord in Telford is to pay a huge fine after his local council took him to court over a substandard property he rented out within the town.

Landlords caught up in latest cladding remediation problems

Landlords caught up in latest cladding remediation problems

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A Lib Dem MP has highlighted what he describes as an unfolding EWS1 form scandal after a fire safety consultant was sanctioned for unprofessional conduct.

How will landlords handle risky tenants when 'rent in advance' is banned?

How will landlords handle risky tenants when 'rent in advance' is banned?

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News
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One of the seismic changes for landlords and letting agents this year will be when the Renters’ Rights Bill bans taking rent in advance.

Big London borough to renew HMO licensing and raise fees

Big London borough to renew HMO licensing and raise fees

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News
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Camden Council wants to renew its additional licensing scheme with a potential £82 hike in fees.

NE town reveals plans to start selective licensing for landlords

NE town reveals plans to start selective licensing for landlords

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News
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Landlords in Grimbsy are being asked for their views on a new selective licensing scheme for parts of the East Marsh ward.

NEW: Research reveals key reason for political action on 'unfair' PRS

NEW: Research reveals key reason for political action on 'unfair' PRS

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News
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Over two thirds of private renters in the UK believe it is ‘too easy’ for landlords to take advantage of tenants, much higher than the global average of 59%.

Uswitch has produced the latest ‘Mouldy Nation Report’

Uswitch has produced the latest ‘Mouldy Nation Report’

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The energy specialist, comparison website operator Uswitch, has released its latest “Mouldy Nation Report”

TV presenter warns landlords over Ofgem's eletricity meter 'cliff face'

TV presenter warns landlords over Ofgem's eletricity meter 'cliff face'

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News
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Landlords have been warned to swap their Radio Teleswitch Service (RTS) meters at rental properties by 30th June or face possible legal action.

Is Scotland getting ready for its own EPC minimum for landlords?

Is Scotland getting ready for its own EPC minimum for landlords?

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News
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The Scottish Government is to upgrade its Energy Performance Certificates (EPC) system.

Government raises legal aid fees for tenants' eviction solicitors

Government raises legal aid fees for tenants' eviction solicitors

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News
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A new consultation has been launched into how tenants at risk of unfair eviction could benefit from a £20 million a year boost in legal aid.

Rogue tenant prosecuted after running barking business from filthy home

Rogue tenant prosecuted after running barking business from filthy home

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News
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A rogue tenant has been prosecuted for running an illegal dog breeding service inside her filthy rented property.

Falling rates trend brings surge in demand for commercial property investment

Falling rates trend brings surge in demand for commercial property investment

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News
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Commercial property portal Rightmove sees a 28% increase across all sectors

Government kicks dozens of eco installers off schemes used by landlords

Government kicks dozens of eco installers off schemes used by landlords

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News
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The Energy Company Obligation 4 (ECO4) and Great British Insulation Scheme - used by landlords to insulate homes - have been hauled up for fitting substandard solid wall insulation.

High Court decision complicates rent collection for landords with UC tenants

High Court decision complicates rent collection for landords with UC tenants

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News
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The High Court has ruled that the Department of Work and Pensions acted unlawfully by making deductions from a tenant’s Universal Credit payments to his landlord without first consulting him – a decision which could impact thousands of other claimants.

MPs grill Angela Rayner over Local Housing Allowance freeze

MPs grill Angela Rayner over Local Housing Allowance freeze

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News
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MPs are continuing to press Housing Secretary Angela Rayner about the impact of freezing Local Housing Allowance rates on families in the PRS.

New HMO yields report reveals best regions for yields

New HMO yields report reveals best regions for yields

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The North East offers BTL investors the best HMO rental yields in the UK, with the highest rental income to be found in the South East.

INTERVIEW: Larger portfolio landlords are 'future of the private rented sector'

INTERVIEW: Larger portfolio landlords are 'future of the private rented sector'

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LandlordZONE caught up with Marcus Selmon, Chair of portfolio landlord group PLAN to discuss the state of the private rented sector and the soon-to-be enacted Renters’ Rights Bill from the perspective of his members.

Book Review: How to Become a Successful Property Investor

Book Review: How to Become a Successful Property Investor

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This is a book I wish I’d had available when I first started out on my own property investing career

WARNING: Banning Section 21 will cause 'chaos' unless courts property funded

WARNING: Banning Section 21 will cause 'chaos' unless courts property funded

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News
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The government’s reluctance to properly fund eviction courts could cause chaos once the Renters’ Rights Bill becomes law, a leading lawyer has warned.