LandlordZONE

Landlordzone is a free platform designed for both new and seasoned landlords and agents engaged in property letting. Since its launch in 1999, the website has been a valuable resource for helping landlords and agents effectively manage their rental properties.

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Landlord fined £43K for renting rodent-infested flats and blaming tenants for disrepair

1 week ago | landlordzone.co.uk | Myra Butterworth

A landlord has been fined more than £43,000 for renting unsafe and rodent-infested flats - but blamed tenants for the disrepair. Hasan Kazi, 76, of Laisteridge Lane, Bradford, admitted nine charges relating to two houses on Easby Road in the city, including failing to comply with HMO regulations, failure to comply with an emergency prohibition order, and failing to comply with an improvement notice.
Landlords to be fined if their tenants don’t keep their rubbish under control, warns council

1 week ago | landlordzone.co.uk | Myra Butterworth

Sefton Council has threatened to get tough on private landlords if they don’t help tenants keep their rubbish under control. The authority is warning landlords to make proper arrangements for their tenants to store refuse until bin collection day, and says those landlords or tenants who don’t dispose of rubbish correctly face a £400 penalty notice or unlimited fine.
Growing appeal of commercial property among landlords

1 week ago | landlordzone.co.uk | Myra Butterworth

Growing numbers of landlords are moving into commercial property amid fears that the residential market is too challenging. An NRLA poll found that 40% have either bought or are thinking of buying commercial property and of these, more than a third - at 35% - said it was likely to become more important in their portfolio. A recent report from Winkworth revealed that investors have started buying up shops and offices in London rather than houses to turn a profit.
Landlords less likely to win appeals again improvements notices after tribunal ruling

1 week ago | landlordzone.co.uk | Myra Butterworth

Landlords are less likely to win their appeal against an improvement notice following an Upper Tribunal ruling. Manaquel Company Ltd had been told by Lambeth Council in October 2021 to address a number of category 1 and 2 hazards in flats at Dorchester Court in Herne Hill, which it started to do. The landlord managed to get the notice quashed by a First Tier Property Tribunal in November 2023 and then applied for £145,000 costs, which was rejected in May 2024.
Renters’ Rights bill “won’t impact landlords’ profits”, insists tenant referencing firm

1 week ago | landlordzone.co.uk | Myra Butterworth

The Renters’ Rights Bill won’t impact private landlords’ profits or slow rising rents, according to tenant referencing company FCC Paragon. The proposed law means landlords would not be able to implement mid-tenancy rent increases that go beyond the accepted market rate. While some fear any such clauses will negatively impact their ability to turn a profit, the company believes the Bill will do little to hamper the cost of rents that continue to rise.
Rental sector risks being saddled with unworkable reforms, NRLA warns

1 week ago | landlordzone.co.uk | Myra Butterworth

The rental sector risks being saddled with unworkable reforms unless the Government backs amendments proposed by peers, the NRLA has warned. Ahead of the Renters’ Rights Bill committee stage in the House of Lords, the landlord group says ministers must get behind pragmatic changes including a review of the impact on the justice system ahead of scrapping Section 21. Student housingThe NRLA is also backing an amendment that would extend the possession ground to all student housing.
Average monthly rents in Britain increase to £1,332, official figures reveal

1 week ago | landlordzone.co.uk | Myra Butterworth

The average rent in Britain increased by 7.7% to £1,332 in the 12 months to march this year, official figures have revealed. The latest figures from the Office for National Statistics, (ONS), found that average rents rose 7.8% in England to £1,386, 8.9% in Wales to £792 and 5.7% in Scotland to £1,001. Annual rental inflation in England was the highest in the North East at 9.4%, and lowest in Yorkshire and the Humber at 4.6% during the 12 months to March this year.
Increasing number of landlords are selling up ahead of the Renters' Rights Bill, new data suggests

1 week ago | landlordzone.co.uk | Myra Butterworth

An increasing number of properties are being sold by landlords ahead of the Renters' Rights Bill, new data by TwentyEA reveals. The research claimed that the number of new instructions for the first three months of this year stands at 451,154, of which 70,542 - the equivalent of 15.6% - were prior rentals. Meanwhile, in the last three month of 2024, 12.2% of all new instructions were properties that had been rented at some point in the last three years. It equates to 39,684 properties.
Inflation fall prompts hopes of an interest rate cut

1 week ago | landlordzone.co.uk | Myra Butterworth

A drop in the UK inflation rate has sparked hopes that it could prompt a cut in interest rates next month amid the threat of economic uncertainty. The latest ONS consumer price inflation figures show inflation fell 0.2% to 2.6% in March and means prices are rising at their slowest pace since December, closer to the Bank of England’s 2% target. Financial markets are now predicting that it will cut the Bank Rate from 4.5% to 4.25% on May 8, as mortgage costs continue to fall.
Landlord ordered to pay £11K in fines and costs after misleading tenants

1 week ago | landlordzone.co.uk | Myra Butterworth

A landlord who hoodwinked her student tenants into paying higher deposits has been ordered to pay more than £11,000 in fines and costs. Bristol Magistrates Court heard that following an investigation by the city council, Josefina Velazquez, of Hampton Road, Redland, was found to have misled tenants about their tenancies so that she could unfairly take more money than they expected to pay.