Landlords and second homeowners rush to sell – Zoopla

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The UK property market is witnessing a surge in landlord and second-homeowner properties for sale as they race to offload their homes ahead of anticipated tax changes, Zoopla reveals.

Its latest house price index highlights the looming threat of higher taxes that might be announced in this month’s Budget.

View Full Article: Landlords and second homeowners rush to sell – Zoopla

EPC regulations could drive older properties out of the rental market

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One leading landlord organisation is warning that older properties without EPC exemptions could see half of the private rented sector’s homes disappearing from the market.

In an exclusive interview with Property118, the chief executive of iHowz, Peter Littlewood says “EPCs are a blunt instrument” when it comes to rating energy efficiency and makes it almost impossible for older properties to reach an EPC C rating.

View Full Article: EPC regulations could drive older properties out of the rental market

Nottingham City Council ordered to refund Landlord after Tribunal rules against council

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A council has been forced to refund more than £2,800 to a landlord after a Tribunal ruled in his favour.

Mick Roberts, one of Nottingham’s largest landlords for benefit tenants, accused Nottingham City Council of overcharging him for property valuations during lease renewals on four of his flats.

View Full Article: Nottingham City Council ordered to refund Landlord after Tribunal rules against council

Landlords face £15,000 Capital Gains Tax hike under Labour

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Rumoured changes to Capital Gains Tax (CGT) in the upcoming Autumn Budget could see the average landlord being hit by a £15,000 CGT increase on the average buy to let property, research reveals.

Lettings and estate agent Benham and Reeves have analysed the CGT being paid by landlords at current tax thresholds and what would happen should thresholds match income tax.

View Full Article: Landlords face £15,000 Capital Gains Tax hike under Labour

Landlords are leaving the PRS as tax hikes and reforms loom

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The UK’s private rented sector (PRS) is facing a potential storm as landlords reassess their portfolios in response to anticipated tax changes and reforms.

Now members of The Guild of Property Professionals have been asked their views and they are warning of significant disruptions in the short to medium term.

View Full Article: Landlords are leaving the PRS as tax hikes and reforms loom

New funding for EPC improvements – but it’s not enough for landlords

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A new funding pot has been announced by the government to support energy efficiency improvements in England, but many landlords may still be left out in the cold, the National Residential Landlords Association (NRLA) warns.

The ‘Warm Homes: Local Grant’

View Full Article: New funding for EPC improvements – but it’s not enough for landlords

Should I pay difficult lodger to leave?

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Hi, my partner and I own a two-bedroom flat in Scotland and have decided to rent out one of the rooms for £550 a month (which is an excellent price for where we live). It is our first time letting a room.

View Full Article: Should I pay difficult lodger to leave?

Pace of rent rises is starting to slow – Goodlord

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Rents across England continued to hold steady in September, breaking the £1,400 barrier for the third consecutive month, according to the Goodlord Rental Index.

However, there were signs that the rapid pace of rent increases might be starting to slow.

View Full Article: Pace of rent rises is starting to slow – Goodlord

Why the Standard Rent-to-Rent Model Will Struggle Under the New Renters’ Rights Bill

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Rent2Rent has taken the rental market by storm, offering landlords a handsfree option with guaranteed rent, but has time run out for the standard R2R model as we know it?

The Renters’ Rights Bill represents a significant shift in the legal framework governing the relationship between landlords

View Full Article: Why the Standard Rent-to-Rent Model Will Struggle Under the New Renters’ Rights Bill

Propertymark responds to new Renters’ Rights Bill guidance

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Propertymark has expressed its views on the newly proposed Renters’ Rights Bill, emphasising the need for a fair and balanced approach to implementing the significant changes it will bring to the private rented sector (PRS).

The organisation highlights concern about the potential impact of abolishing Section 21 ‘no-fault’

View Full Article: Propertymark responds to new Renters’ Rights Bill guidance