Landlord news, features and discussions - Landlord Today
WEBMortgage broker pledges new revenue streams thanks to link with agency group. Estate Agent Today provides daily industry, Estate Agency, Property Market, Housing, Moving Home and Online Estate Agent News updates for the UK's letting agent community.
Labour’s Renters Rights Bill – full details released by government
WEB3 days ago · The government has issued a lengthy detailed guide to all provisions of the Renters Rights Bill, which is being presented to the House of Commons shortly. The full details include a list of all the Bill’s measures – namely periodic tenancies and grounds for possession, rent increases, tackling what it calls “the scourge of Section 21 ...
Renters’ Rights Bill published today - what it means for landlords
WEBThe Government has confirmed plans to ban no-fault evictions and in-contract rent increases as it prepares to present the Renters’ Rights Bill to Parliament today. The Bill will abolish Section 21 ‘no-fault’ evictions for new and existing tenancies and will also end blanket bans for those on benefits or with children.
Breaking News Archives - Landlord Today
WEBSep 23, 2024 · Tenants tie up more cash while moving between rental properties – claim. Written by: Graham Norwood. enants moving between rental properties have around £2,652 tied up in cash deposit schemes as they await the return of their lump sum from the home they are vacating, an industry company claims. ... 19th September 2024.
Going Green: What landlords need to know now - Landlord Today
WEBThe answer is Yes – to some extent – but perhaps not as much as many currently fear. Landlords may hold more cards than they think. The current state of play is that there is a Bill wending its way through Parliament that will make it illegal to rent out a property with an EPC of less than a ‘C’ by 2028. By 2025 no new tenancy ...
HMRC’s Tax changes for landlords in 2022 - Landlord Today
WEBWith 2022 just hours away, here’s a reminder of two tax changes that will directly affect landlords next year – and that’s before any new government announcements in the months to come. Monday January 31 is the deadline for landlords’ online self-assessment tax return for the 2020-2021 tax year. This will be the first on which the new ...
The True Costs of Being A Landlord In 2022
WEBLandlord Licence Fee. 5 Years. £47.50. Total Annual Cost (£) £592.60. –. The Cost of Maintenance, Repairs, and Replacements for Landlords in 2022. One area that can cause setbacks to landlords’ income is the cost of maintenance repairs and replacements.
Important Laws For UK Landlords To Understand - Landlord Today
WEBUnder UK immigration law, it is mandatory for landlords to perform these checks. This involves verifying potential tenants’ immigration status by checking appropriate identification documents like passports before renting out a property. Source: Unsplash. Understanding eviction laws and procedures is very important, as well.
Big rise in landlords reducing buy to let portfolios
WEBOne in five (20 per cent of) landlords plans to reducing their buy to let holdings according to a new survey. The Property Academy Landlord Survey 2023 result contrasts with that of a year ago, when just 13 per cent of landlords were going to reduce BTL holdings. The burden of legislation is the most common reason for selling up – cited by 22 ...
Landlord Warning – many face 80 per cent sky-rocketing costs
WEBA respected financial body is warning that landlords face rising costs of up to 80 per cent in the next two years. The Intermediary Mortgage Lenders Association says many small scaler landlords with mortgages face the prospect of struggling to break even in the next two years, with their cost of borrowing soaring by an anticipated 80 per cent as they refinance off historically low fixed rates.