Mission Statement; “Facilitating the sharing of best practice in the UK Private Rented Sector”

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News

Property118
property118.com > propertymark-calls-for-clearer-guidance-as-rent-tribunal-cases-surge

Propertymark calls for clearer guidance as rent tribunal cases surge

3+ day, 14+ hour ago   (483+ words) An industry body has called for more clarity around the tribunal process under the Renters’ Rights Act. Propertymark has warned that, with rent tribunal cases surging, there needs to be clearer guidance and understanding of the evidence tribunals consider. The…...

Property118
property118.com > scottish-landlords-can-still-take-control-of-their-future-in-the-prs

Scottish landlords can still take control of their future in the PRS

5+ day, 14+ hour ago   (742+ words) All of us in the Scottish private rented sector understand the nature of difficult decisions. Many of us have friends and colleagues who are currently considering whether to remain in the sector, downsize their portfolios or simply leave it entirely....

Property118
property118.com > propertymark-calls-for-faster-leasehold-reform

Propertymark calls for faster leasehold reform

5+ day, 14+ hour ago   (504+ words) Propertymark is urging the government to speed up leasehold reform after research found 93% of leaseholders would not buy another leasehold property. Its survey of more than 1,200 leaseholders and 200 Propertymark members found 86% had seen service charges rise during the past two…...

Property118
property118.com > rightmove-adds-section-13-rent-review-tool-for-agents

Rightmove adds Section 13 rent review tool for agents

6+ day, 14+ hour ago   (308+ words) Rightmove has added a rent review function to its Tenancy Manager platform to help letting agents adjust their processes following changes introduced by the Renters’ Rights Act. The update allows agents to create and serve a Section 13 rent increase notice…...

Property118
property118.com > landlords-face-200-charge-for-missing-selective-licensing-deadline

Landlords face £200 charge for missing selective licensing deadline

6+ day, 14+ hour ago   (317+ words) A council claims a £200 late application fee for selective licensing is not “intended to be punitive” for landlords. North East Lincolnshire Council’s selective licensing scheme came into force in April this year. However, the council has announced that landlords have…...

Property118
property118.com > government-launches-digital-possession-service-as-full-rollout-looms

Government launches digital possession service as full rollout looms

1+ week, 5+ hour ago   (765+ words) A pilot of a digital possession service will launch this month for county court possession proceedings in England and Wales. The pilot will initially be limited to social housing landlords in England and community landlords in Wales. Claims must relate…...

Property118
property118.com > rent-controls-cut-home-supply-institute-for-fiscal-studies

Rent controls cut home supply - Institute for Fiscal Studies

2+ week, 5+ day ago   (481+ words) Rent controls are likely to reduce the supply of homes available to tenants and push some landlords to leave the market, according to research from the Institute for Fiscal Studies (IFS). It says that private renters spent an average 28% of…...

Property118
property118.com > hmrc-changes-20-hour-landlord-incorporation-guidance-weeks-after-property118-open-letter

HMRC changes 20-hour landlord incorporation guidance weeks after Property118 open letter

3+ week, 1+ day ago   (1649+ words) HMRC has changed its published guidance on the controversial 20-hour test for landlord Incorporation Relief, expressly confirming that somebody who spends fewer than 20 hours a week on their property activities may nevertheless be carrying on a business for the purposes…...

Property118
property118.com > government-vows-renters-rights-act-will-tackle-rental-discrimination > comment-page-16

Government vows Renters’ Rights Act will tackle rental discrimination

3+ week, 1+ day ago   (421+ words) The government has claimed the Renters’ Rights Act cracks down on rental discrimination in the private rented sector. In a parliamentary written answer, housing minister Matthew Pennycook claimed the act addresses overt discriminatory practices. Under the Renters’ Rights Act, it…...

Property118
property118.com > landlords-face-fines-of-up-to-35000-under-new-council-policy

Landlords face fines of up to £35,000 under new council policy

3+ week, 3+ day ago   (317+ words) A council has announced a new civil penalty policy for the PRS and told landlords how to tackle anti-social behaviour from tenants. Bristol City Council has published a new Civil Penalty Policy for private housing offences to reflect changes introduced…...