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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
Budget 2024: 5% stamp duty hike will hit supply of homes to rent
Landlords will need to pay stamp duty of 5% when purchasing additional properties, a move the NRLA believes will only exacerbate the housing supply crisis. Rachel Reeves announced the move in today’s Budget, with the change to come in immediately.
Landlord Confidence Index (LCI) No.23: 2024 Q3
The fieldwork for this edition of the LCI coincided with the publication of the Renters' Rights Bill. Landlord confidence in England hit an all-time low as landlords reacted to its publication. In Wales confidence also fell back, but Wales retains its position as the location in which confidence among landlords is highest (although the outlook remains pessimistic). There is also much landlord concern about then-potential tax changes the new government might introduce - especially Capital Gains Tax.
Andy Burnham confirmed as main speaker for NRLA conference
The NRLA is delighted to announce that Andy Burnham, Mayor of Greater Manchester, will deliver the keynote speech at the forthcoming NRLA Annual Conference on 6th November 2024. The conference, to be held at the NEC Birmingham, will bring together landlords, property professionals, and policymakers to discuss the future of the private rented sector.
Wales: NRLA proposals accepted as Welsh Government rejects rent controls
The long-awaited White Paper on Fair Rents & Adequate Housing has been published, which outlines measures aimed at improving the supply and condition of private rented properties. These are proposals for future legislation or policies that the Welsh Government is seeking views on, and is a key step in shaping how the private rented sector might be improved and regulated in the coming years.
“My property portfolio was my pension plan – until I met my adviser”
With a successful buy-to-let business and a property portfolio, NRLA member Nick Taylor didn’t give his pension a second thought. But working with NRLA recognised supplier, St. James’s Place (SJP), has opened up opportunities he didn’t know existed. Nick shares his story.