NEWS
iHowz is constantly delivering the latest news and information on anything to do with landlord and tenant legislation.
iHowz lobbies the new Government
Following the election and a new Government, iHowz have prepared a briefing paper urging the Government to conduct a comprehensive ‘root and branch’ review of the current rental system, proposing a ‘Tenant Landlord Partnership Bill’. This review must address the...
One in Five Landlords Now Operating Through Limited Companies
A growing share of landlords are turning to limited company structures to manage their rental portfolios, according to new research from mortgage lender Pegasus Insight. The data shows that 20% of landlords now own at least one property via a...
Generation Rent Behind Push for NI on Landlords
The idea of forcing landlords to pay National Insurance (NI) on rental profits did not emerge in isolation. It has been a core demand of the Generation Rent activist group for nearly a year. This week, government sources selectively leaked that the...
‘Final Nail in the Coffin’ for Property Investment, Warns Rathbones
Wealth manager Rathbones has sounded the alarm over Labour’s reported plans to raise new property taxes, calling them “the final nail in the coffin” for property as an investment. According to reports, the Treasury is considering a range of...
NI on Rental Income? Tenants Will Pay the Price
Writing in, Estate Agent Today, Jonathan Rolande, founder of House Buy Fast states that reports suggest Chancellor Rachel Reeves is eyeing landlords once again, with National Insurance on rental income rumoured to be under consideration. For...
NI Levy on Landlords Could Favour Corporates Over Individuals
A leading legal expert has warned that the government’s proposed National Insurance (NI) levy on rental income may disproportionately hit small landlords while sparing large corporate operators. Ian Narbeth, real estate consultant at DMH Stallard,...
Nationwide: House Price Growth Slows in August
The latest Nationwide survey shows that annual house price growth eased in August as affordability pressures continue to weigh on buyers. House prices rose 2.1% year-on-year, down from 2.4% growth in July. On a monthly basis, prices slipped 0.1%...
Landfill Tax Hike Could Add £24,000 to New-Build Prices, Industry Warns
Rachel Reeves’s plan to overhaul landfill tax has been branded “insane” by construction leaders, who warn it could add £24,000 to the cost of building a new home and cripple the government’s pledge to deliver 300,000 homes a year. At present,...
Treasury Considers Stamp Duty Shake-Up, Sparking Uncertainty in Property Market
Writing in LandlordToday, Louisa Sedgwick, Managing Director of Mortgages at Paragon Bank, reports that speculation is mounting over potential changes to Stamp Duty ahead of the upcoming Autumn Budget, with reports suggesting the Treasury is...
Mortgage Rates Creep Up Despite Base Rate Drop
The UK mortgage market is experiencing a new bout of uncertainty, as several major lenders, including Santander and NatWest, have begun to increase their mortgage rates. This move is causing concern among brokers and borrowers, as it comes despite...
Deputy Prime Minister Accused of Avoiding £40,000 Stamp Duty
The Telegraph is reporting that the Deputy Prime Minister Angela Rayner is facing intense scrutiny over her property transactions, with accusations that she has "deliberately conducted her property affairs to pay less stamp duty and council tax."...
New Tax Threat: National Insurance on Rental Profits?
Landlords face yet another potential tax squeeze, with reports suggesting the government may introduce National Insurance contributions (NICs) on rental income profits. According to The Times, a leak indicates the measure could raise £2 billion for...
Westminster City Council launches consultation on renewal of Additional Licensing Scheme
Westminster City Council has launched an 11-week public consultation on the renewal of its borough-wide Additional Licensing Scheme for smaller Houses in Multiple Occupation (HMOs). The consultation invites feedback from residents, tenants,...
Renters’ Rights Bill Linked to Rising Rents, Claims Go.Compare
More than half of tenants in England (53%) have seen rent increases since the Renters’ Rights Bill was announced, according to new research by comparison website Go.Compare. The report suggests that around 2.5 million households have faced higher...
Council Seizes Control of 18 Properties After Landlord Failures
Merton Council has taken over the long-term management of 18 rented homes after the landlord repeatedly failed to meet safety and licensing obligations. The council first used its powers last August to impose an Interim Management Order, following...
Professionalisation of the investor market opens opportunities for specialist lenders
The UK property market is shifting. According to property expert Jamie Williams, the days of casual, part-time buy-to-let landlords are coming to an end – and that’s not a bad thing. As tighter regulation, reduced tax relief, and rising compliance...
The Lowdown on Pets and Rentals
It’s International Dog Day and a new report by John D Wood, an estate agency, shows that while half of UK renters now own a pet, a mere 8% of rental listings are pet-friendly. This big gap means a lot of landlords are missing a trick. With the new...
Renters Rights Bill returns to Commons on 8 September
Government business managers have confirmed that the final stage of the Renters Rights Bill will begin in the House of Commons on Monday 8 September – just two weeks from now. The Bill returns following its lengthy debate in the Lords over the...
Could landlords face even more tax hikes?
Writing in Property118, Eamon Shahir, Founder Taxd asks the question, Can UK Landlords survive the ongoing tax raid? The article can be seen here, and says that UK landlords have been hit with tax increases since 2021, when full mortgage interest...
Landlords face longest wait for possession in over two years
Landlords are now waiting longer than at any point in more than two years to regain possession of their properties, according to the latest Ministry of Justice figures. In the second quarter of this year, the average wait stood at 33.8 weeks –...
Labour’s inheritance tax plan could derail the Bank of Mum and Dad
The Telegraph is continuing its criticism of Labour taxation on property owners, stating that Britain’s fragile property market is increasingly reliant on the Bank of Mum and Dad – but that lifeline may soon be curtailed. The article can be read...
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LATEST NEWS
Rightmove reports ‘buyer fizz’ for landlords wanting to exit market
Rightmove's latest house price index reveals that landlords looking to exit the market due to high taxes and...
Rent Controls almost always backfire, says free market think tank
Landlord Today has published an article stating that the Institute of Economic Affairs (IEA), a free-market think...
London Mayor unable to impose rent controls
London Mayor Sadiq Khan’s long-standing campaign to secure rent control powers appears to have been shut down by the...
Concern about Labour’s proposed Renters Rights Bill
Doug Shephard, director of the Home website, has raised concerns that Labour's proposed Renters Rights Bill and other...
House of Commons releases report on Freehold estate management
The House of Commons report can be seen here explaining that Freehold estate charges refer to fees that homeowners in...
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