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Average holiday home investor income rises by 59% since 2019

Average holiday home investor income rises by 59% since 2019

News

The UKs largest holiday home rentals website has published shocking figures that reveal the average income earned by property investors on its platform. Sykes Holiday Cottages Holiday Letting Outlook Report 2023 reveals that its average owner saw an income of �24,000 last

Tribunal slams councils for 'cash cow' licencing schemes that aren't needed

Tribunal slams councils for 'cash cow' licencing schemes that aren't needed

News

A First Tier Property Tribunal has slammed Nottingham Council for covering large swathes of the city with licensing schemes rather than targeting rogue landlords, a 'temptation' it says is faced by other local authorities. Justice for Tenants brought a case on behalf of a tenant

Shrinking buy-to-let could see a buy-to-let mortgage drought

Shrinking buy-to-let could see a buy-to-let mortgage drought

News

As landlords continue to exit the buy-to-let market, to the detriment of their tenants, could this rout also lead to buy-to-let mortgage lenders following their lead? This is a question posed by Chloe Cheung writing for the FT this last weekend. Its a serious question, a deve

Letting agents back HMO council tax re-banding reform proposals

Letting agents back HMO council tax re-banding reform proposals

News

Letting agents have backed the Governments decision to reform the way HMO properties are banded for council tax. Propertymark, which represents the estate agency sector, says in its submission to a consultation by the Department of Levelling Up, Housing and Communities that p

LATEST: Greens say 'immediate' rent freeze is only answer to housing crisis

LATEST: Greens say 'immediate' rent freeze is only answer to housing crisis

News

Landlords wanting to back the eco movement may want to pause for thought after the Green Party today vowed to bring in an immediate rent freeze and no-fault eviction ban to tackle the housing crisis. During an election campaign visit to Suffolk, party co-leaders Carla Denyer and

Landlord jailed after ignoring court order to improve rat-infested property

Landlord jailed after ignoring court order to improve rat-infested property

News

A rogue landlord has been jailed for 10 months after he failed to comply with conditions set by a court concerning his rat-infested property. Martin Ambler admitted four counts of breaching a criminal behaviour order in May 2022 but sentencing was deferred so that he could instr

Have you been hit by the 'cost of landlording' crisis? Here's some help

Have you been hit by the 'cost of landlording' crisis? Here's some help

News

There is a lot of talk at the moment about how rents are up by 11% across the UK and although I know its tough on renters, landlord costs have, in many cases, doubled. This includes mortgage premium payments following interest rates rises from 0.5% to 4% in just 12 months, an

Tory think-tank and Shelter push for three-year tenancies for PRS

Tory think-tank and Shelter push for three-year tenancies for PRS

News

The government should introduce three-year tenancies to protect tenants from uncertainty and rising rents, according to a liberal conservative think tank report. The Bright Blue group has teamed up with Shelter to publish, <strong id

NEW: Coalition slams Scots Government over rent cap and evictions freeze

NEW: Coalition slams Scots Government over rent cap and evictions freeze

News

Landlords have heavily criticised the Scottish governments decision to implement its evictions freeze and rent cap without a proper consultation. The measures, which were widely criticised earlier this year for being rushed through, are now being fought by a coalition of orga

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BLOG: When landlords talk to their MPs, politicians listen

BLOG: When landlords talk to their MPs, politicians listen

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The anticipation surrounding the Renters (Reform) Bill has remained a constant topic recently, with discussions over the timing of the abolition of Section 21 constantly fluctuating.

Minister admits 'errors' within identity system for overseas tenants

Minister admits 'errors' within identity system for overseas tenants

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The Government has admitted that the issuing of Biometric Residence Permits (BRPs), which are used by non-UK citizens to prove they have a right to rent properties, has been taking too long.

Landord fined £1.4m and has rental property confiscated

Landord fined £1.4m and has rental property confiscated

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An absentee landlord has been stung with a £1.44 million penalty after he continually broke planning rules in a decade-long stand-off with Ealing Council.

Report urges Labour to spend £11.8bn on affordable rented homes

Report urges Labour to spend £11.8bn on affordable rented homes

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Building 90,000 social homes a year will end the housing emergency and pay for itself within three years due to the wider economic benefits, according to a study by Shelter and the National Housing Federation.

ADVICE: How to deal with tenants who fake tenancy applications

ADVICE: How to deal with tenants who fake tenancy applications

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Tom Entwistle passes on some thoughts on dealing with tenant selection and securing a good tenant-letting in the current economic climate

Council chases former landlord for tenant's 20-year tax debt

Council chases former landlord for tenant's 20-year tax debt

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A former landlord has been ordered to pay a council tax demand dating back nearly 20 years.

Landlord pays heavy price for ignoring Improvement Order

Landlord pays heavy price for ignoring Improvement Order

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News
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A rogue landlord has been ordered to pay more than £9,000 for ignoring notices to improve his dangerous property.

Major building society stops lending to holiday let investors

Major building society stops lending to holiday let investors

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Leeds Building Society has stopped lending to investors buying holiday lets in areas of North Norfolk and North Yorkshire in a bid to relieve pressure on local housing.

Lords to put letting agents' service quality under spotlight

Lords to put letting agents' service quality under spotlight

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The quality of service provided by letting agents to landlords is under the spotlight again after an influential group within the Lords revealed it is to probe into the sector.

Licensing expert slams Labour's selective scheme rule change

Licensing expert slams Labour's selective scheme rule change

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An expected expansion in selective licensing schemes next year may fill council coffers but won’t improve housing standards, a leading landlord figure has claimed.

Labour's 'peverse' renting reforms will raise rents, warns TV landlord

Labour's 'peverse' renting reforms will raise rents, warns TV landlord

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The Renters’ Rights Bill will discourage landlords from renting out their properties and raise rents, according to Talk TV presenter and private landlord, Cristo Foufas (main image).

Famous landlord offers rental home at £180,000 a MONTH

Famous landlord offers rental home at £180,000 a MONTH

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Renters with only the deepest pockets will be getting the keys to what is understood to be the most expensive ever rental home marketed in the UK.

Every rental property 'chased by 11 tenants on average'

Every rental property 'chased by 11 tenants on average'

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UK letting agents are still receiving nearly double the number of enquiries about each available rental property than they were pre-pandemic.

Corporate landlords to be exempt from Decent Homes Standard

Corporate landlords to be exempt from Decent Homes Standard

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The Government has revealed more details about how the ‘corporate’ student sector, which competes with traditional landlords for tenants, will be regulated in the future.

Landlord fights council over £15,000 HMO fine... and wins

Landlord fights council over £15,000 HMO fine... and wins

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A landlord has successfully fought a licensing fine after an Upper Tribunal judge ruled it couldn’t be proved that a fifth tenant was living permanently in his HMO.

'Landlord bashing won't help solve housing crisis'

'Landlord bashing won't help solve housing crisis'

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A mortgage lending expert has warned that landlord bashing risks pushing out more smaller landlords, creating a vicious circle of fewer available rental properties and higher rents for tenants.

Landlords spending 'too much' on EPC upgrades

Landlords spending 'too much' on EPC upgrades

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Most landlords’ ignorance of the points-based EPC system means they can sometimes spend more money than necessary on energy efficiency improvements.

Tenants can now pay landlords via their credit card

Tenants can now pay landlords via their credit card

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A digital platform that enables tenants to pay their rent via their credit or debit card rather than a BACS payment has officially launched in the UK.

Local authorities’ new powers to auction leases of vacant commercial premises

Local authorities’ new powers to auction leases of vacant commercial premises

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Local authorities' now have new powers to auction off leases of vacant commercial units in Britain’s town centres and high streets

Landlords worried about missing payments discover agent in jail

Landlords worried about missing payments discover agent in jail

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Landlords who complained about a missing letting agent have discovered that he had been jailed for assaulting a sex worker.

Government to spend millions stopping landlord evictions

Government to spend millions stopping landlord evictions

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More money will be spent persuading landlords not to evict tenants as part of a huge cash boost to help prevent homelessness.

Northern council to expand selective licensing

Northern council to expand selective licensing

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More landlords in Wirral could have to pay for a selective licence under plans being drawn up by the local council.

Rents rising by 9.1% a year on average, official figures reveal

Rents rising by 9.1% a year on average, official figures reveal

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Rents charged for new tenancies across the UK continue to rise as landlords seek to offset higher costs and supply continue to be weak, latest Government data shows.

Labour to allow councils to 'take over' empty rental properties

Labour to allow councils to 'take over' empty rental properties

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Councils will be given more power to force landlords to rent out vacant residential properties as part of the government’s English Devolution white paper.

Letting agents warn over Labour's plan to increase licensing

Letting agents warn over Labour's plan to increase licensing

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Letting agents have slammed plans to ease licensing rules that will mean local councils can introduce large selective schemes without government approval.

HMO landlords warned as London council begins 1,000s inspections

HMO landlords warned as London council begins 1,000s inspections

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Ealing Council has ramped up its crackdown on rogue landlords with a rigorous programme of HMO inspections.

Councils given more powers to licence landlord properties

Councils given more powers to licence landlord properties

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Local authorities will no longer have to ask the Secretary of State for permission to introduced selective licensing schemes in England and Northern Ireland, it has been revealed.

Lenders warn of 'challenging' year ahead for landlords

Lenders warn of 'challenging' year ahead for landlords

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Economic headwinds are set to shrink purchases in the buy-to-let market by 7% next year to £9 billion, predicts UK Finance.

Norwich landlords fume over missing rental payments

Norwich landlords fume over missing rental payments

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Landlords in Norwich are chasing thousands of pounds in rent payments from a letting agency which appears to have gone under.

Tenant demo in London calls for rent controls

Tenant demo in London calls for rent controls

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Hundreds of tenants have staged a protest in central London calling for the government to introduce rent controls.

Major national park moves to restrict holiday lets

Major national park moves to restrict holiday lets

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One of the UK’s larger national parks is planning to stop any new homes that are built within it being used as holiday/short lets or second homes.

Legal Matters: Serving notices, don’t fall foul of the law

Legal Matters: Serving notices, don’t fall foul of the law

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A crucial task for landlords and agents is to correctly serve statutory notices and other documents

What should the new rental contracts be called? Have your say!

What should the new rental contracts be called? Have your say!

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Property experts are pondering what the government might name new tenancies created by the Renters’ Rights Bill.

Council takes unusual approach to signing off HMOs

Council takes unusual approach to signing off HMOs

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A district council has come up with a set of exceptional circumstances to help decide when to give the go-ahead to new HMOs.