An exodus of older landlords is paving the way for build-to-rent investors and younger landlords looking to capitalise on higher yield properties, according to a big estate agency boss.
At least 710 buy-to-let mortgaged properties were repossessed in the second quarter of the year, 13% up on the previous quarter and 51% up year-on-year.
Online lettings firm OpenRent and Rightmove have signed a new property listings deal after several weeks of corporate brinkmanship over fees.
The average time from claim to landlord repossession has jumped to 25.4 weeks, up from 22.1 weeks in the same period in 2023, according to the latest government figures.
Gloomy letting agents have reported a fall-off in private rentals coming onto the market around the country.
Landlord Sales Agency has been touted as the UK’s best company for landlords to go to who are looking to increase the profits of their property portfolios.
Chancellor of the Exchequer Rachel Reeves has refused to rule out increasing capital gains tax for landlords selling their rental properties during interview with a US business TV channel.
A business consultancy has warned that London’s high rents mean many companies in the capital are struggling to recruit staff as younger jobseekers look for employment elsewhere in order to access lower-cost homes.
Landlords with empty properties are being urged to take advantage of council cash to help fight the housing shortage. About 300 councils currently offer a scheme mainly loans to carry out repairs - although some provide grants, usually ranging from �5,000 to more than �25,
Letting out property abroad can be a great way of generating extra income. The property might have been bought primarily as an investment but for others or it could be second or holiday home let out when not in use. There are plenty of things to think about, though.
Leicester is going ahead with its selective licensing extension in three areas of the city, charging landlords �1,090 per property - the highest fee in the Midlands. The council is introducing the scheme in parts of Westcotes, Fosse, Braunstone Park and Rowley Fields wards, whi
Durham Council has warned landlords covered by its new selective licensing scheme to brace themselves for inspections next month. At least 29,000 properties, 42% of the countys PRS, are covered by the scheme which launched in April after winning government approval. <p id
Nearly one-fifth of private rented homes would need work costing more than �10,000 to bring them up to an EPC Band C, according to the latest PRS figures. The English Housing Survey Private Rented Sector report for 2020-21 found that these were more likely to need larger sums o
The latest figures available from Rightmove show that London rents jumped by around 14 per cent in the last year, with some property experts calling it the most competitive market on record Matt Hutchinson, a director at SpareRoom, the flat sharing website, has said: <p
The pandemic has had a devastating impact on commercial property, with lockdowns, social distancing, working from home (WFH), all accelerating the move to online and home deliveries. The likes of Tesco, Ocado and the other big supermarket deliveries were the saviour of the public during the
Welsh politicians have reaffirmed their desire to consider rent controls in the PRS while announcing plans to crack down on the holiday let sector. Plaid Cymru leader Adam Price (main pic, right) suggested rent controls could be on the table when the long-awaited but now <a href
Michael Gove, arguable the best housing secretary for some years, has been sacked from his job after joining a chorus of Tory cabinet ministers calling on the PM to resign. During a fast-moving day in politics which has seen over 40 MPs quit the government or withdraw their supp
The decision to hold onto your rental properties or sell them is more critical than ever – landlords everywhere are taking time to weigh up the balance between risk and profit.
Tenants are living in build-to-rent developments for less time than their counterparts in the traditional PRS – suggesting that they are not the panacea for the housing crisis that is often claimed.
A landlord who built an illegal outbuilding to store his tenants’ belongings has been ordered to pay more than £23,000.
Buy-to-let mortgage rates could fall slightly soon after creeping up since the Autumn Budget, according to financial experts.
Activity within the buy-to-let market is reviving after months of uncertainty and political interference, new official landlord lending data suggests.
With the Government launching a consultation on the way EPCs are calculated – and with another on energy efficiency standards in the pipeline, we know that the rental homes of the future will need to reach much higher standards.
Letting agents have called out Welsh Government plans to enable tenants facing eviction to keep their final two months’ rent as ‘compensation’.
The National Trust has rejected claims that it stopped renting out its properties to avoid the growing legislative burden.
A Liverpool landlord has been hit with a fine of almost £14,000 for allowing tenants to live in a “house of horrors”.
Nearly half of landlords and three quarters of the general public support rent controls, a poll by YouGov on behalf of wealth inequality not-for-profit Common Wealth has revealed.
A Welsh politician has sounded the alarm over new legislation which risks exacerbating the mass exodus of private landlords.
A leading agency has warned that tenants could move into a property without having paid any rent once the Renters’ Rights Bill becomes law.
The next six months will see a huge increase in demand for rental properties, landlords and letting agents have been told.
The directors of a supported housing company who illegally evicted a vulnerable tenant have been handed suspended jail sentences.
The Government is evidently taking decisive steps to ensure swift progress of the Renters’ Rights Bill through the Commons and the Lords, with a view to having the Act implemented before Easter
A landlord couple have won their legal case against a tenant who claimed her section 21 notice was invalid.
The government looks set to launch its overdue consultation into new energy efficiency standards in the PRS during the next few weeks.
The Renters’ Rights Bill returned to Parliament this week and it getting ever closer to becoming law by the summer has sent alarm bells ringing.
The Renters’ Rights Bill has had its first reading in the House of Lords and is due for a full debate on 4th February.
Local councils will be offered up to £79,000 to refurbish an empty property under the government’s new High Street Rental Auctions initiative.
Burnley has given the green light to a bigger selective licensing scheme covering 3,700 private rented properties.
Letting agents have reported that institutional and portfolio landlords are moving in to buy stock from exiting landlords.
Budget changes present businesses including landlords and letting agents with some real stiff challenges in 2025
Social media users have ridiculed a landlord for advertising an expensive room - but asking would-be tenants to stay out until after 8.30pm.
