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Landlords must legally ensure their rental properties are safe. This includes annual checks for fire, electrical, and gas safety, plus providing an Energy Performance Certificate (EPC).
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News & Insights
Land Transaction Tax hiked for Welsh landlords
Landlords in Wales will see Land Transaction Tax (LTT) rise, with those with high value properties seeing the surcharge increase to a massive 17%. Land Transaction Tax (LTT) is the Welsh equivalent of Stamp Duty, with the Welsh Government announcing today that landlords face a one percentage point increase for every LTT band – a move that is being introduced with immediate effect.
Welsh Government's Land Transaction Tax increase baffling say landlords
In the wake of the Welsh Government’s publication of its Draft Budget for 2025/26, the NRLA has provided its response to confirmation that Land Transaction Tax (LTT) for landlords will increase.
2024 tested landlords’ limits – Will 2025 offer a smoother path?
What a year! For landlords, 2024 has been an unpredictable rollercoaster, blending relentless challenges with glimmers of opportunity. From the ongoing possession crisis to changing tax landscapes and shifting yields, this year has tested the mettle of anyone in the private rented sector (PRS). NRLA recognised supplier, Landlord Action reflects on its highs, lows, and lessons while looking ahead to 2025.
Cost-saving strategies for landlords: How to keep your property running efficiently
Running a rental property can be expensive, but savvy landlords know there are ways to reduce costs without sacrificing quality. By focusing on energy efficiency and preventative maintenance, landlords can not only cut down on expenses but also provide tenants with a more appealing property. Here’s how you can save money while keeping your property running efficiently, with the help of NRLA partner, YourRepair’s boiler cover.
Energy Performance Certificates Consultation: what it means, and what's next
The UK Government published the first of two long-awaited consultations on energy efficiency this week. It outlines proposed changes to how Energy Performance Certificates (EPCs) will be calculated – including prioritising low-carbon heating. Mia Rotaru and Finlay Duncan from our public affairs and policy teams explore what these proposed changes could mean for you, and the wider sector.