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BLOG: 'Landlords as well as tenants face a cost of renting crisis'

BLOG: 'Landlords as well as tenants face a cost of renting crisis'

Opinion

Following months of uncertainty, this year will be looked back upon as a tumultuous one for landlords.

Legal matters: terminology, lease or licence, what's the difference?

Legal matters: terminology, lease or licence, what's the difference?

Information

Yes, legal terms confuse and like many specialisms, the confusion is added to by the fact that different terms often have essentially the same meaning.

Landlords told to check tenancy contracts after landmark court case

Landlords told to check tenancy contracts after landmark court case

News

A judge has opened the door to higher compensation being paid by landlords if they fail to protect their tenants’ rental deposits within one of the official schemes.

Details of compulsory national Portal for landlords revealed

Details of compulsory national Portal for landlords revealed

News

More detail on what information landlords will have to provide to the looming Property Portal have been revealed by the Government.

LATEST: Landlords WILL be allowed to demand tenants have pet insurance

LATEST: Landlords WILL be allowed to demand tenants have pet insurance

News

The Government has said it supports measures that will allow landlords to either charge tenants with cats or dogs both pet insurance at the beginning of tenancies or request that they take out a policy themselves.

Majority of renters support banning Section 21 evictions and rent controls - claim

Majority of renters support banning Section 21 evictions and rent controls - claim

News

A renters’ lobbying says its polling of England’s private renters has found a majority support the changes within the looming Renters (Reform) Bill getting its second reading today in parliament.

Government U-turns on eviction and tenancy reforms

Government U-turns on eviction and tenancy reforms

News

The Government has confirmed that it will not bring in its controversial ban on Section 21 evictions within the looming Renters (Reform) Bill until problems with the courts have been fixed.

Court shake-up vital in next week's Bill debate

Court shake-up vital in next week's Bill debate

News

The NRLA has urged the government to address court hold-ups while debating the Renters Reform Bill – or risk undermining work to improve the sector.

Scottish eviction law continues to hamper PRS growth

Scottish eviction law continues to hamper PRS growth

News

Investors are losing confidence in the Scottish PRS, while rent caps and increased construction costs are halting rental developments, says one property solicitor.

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Landlord mortgage costs leap to nearly 40% of rental income

Landlord mortgage costs leap to nearly 40% of rental income

News
News
Podcast
Opinion
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Information

The average mortgaged landlord paid 37% of their rent on mortgage interest in August, up from a low of 24% in November 2021, according to Hamptons.

30 campaigning groups write to Rishi urging landlord reforms

30 campaigning groups write to Rishi urging landlord reforms

News
News
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Opinion
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Information

Thirty charities and non-profit organisations have written to the Prime Minister urging him to ensure the Renters Reform Bill is passed during this Parliament.

Property 'dating service' for landlords and tenants launches

Property 'dating service' for landlords and tenants launches

News
News
Podcast
Opinion
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Information

A WhatsApp-style ‘dating service’ designed to marry up landlords and tenants has launched seeking to simplify London’s ‘chaotic’ private rented sector and rival established portals such as Rightmove and Zoopla.

40 per cent of tenants are struggling with rent payments

40 per cent of tenants are struggling with rent payments

News
News
Podcast
Opinion
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Information

There’s now a significant proportion of adults in the UK struggling to meet their rent or mortgage payments

Buy-to-let profits nosedive for new buyers

Buy-to-let profits nosedive for new buyers

News
News
Podcast
Opinion
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Information

Landlords who took out a new mortgage between April and June this year made an annual cash loss for the first time since 2007.

Absentee landlord handed fine for ignoring tenants

Absentee landlord handed fine for ignoring tenants

News
News
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Opinion
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Information

A landlord who ignored improvement notices on his two unlicensed properties has been handed a £15,000 fine by magistrates.

Can tenancy contracts be signed electronically?

Can tenancy contracts be signed electronically?

Information
News
Podcast
Opinion
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Information

It is very convenient and timely to accept documents relating to tenancies signed electronically and transmitted electronically - are they legal valid?

Agency pays high price for harassing tenants

Agency pays high price for harassing tenants

News
News
Podcast
Opinion
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Information

A letting agency in Hove has been ordered to pay nearly £69,000 for “abhorrent and vile” behaviour towards its tenants.

Kids and pets raise the cost of renting

Kids and pets raise the cost of renting

News
News
Podcast
Opinion
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Information

Renters with pets or children are paying as much as £460 more during their tenancy compared to other renters.

Landlords urged to check properties regularly for cannabis farms following two deaths

Landlords urged to check properties regularly for cannabis farms following two deaths

News
News
Podcast
Opinion
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Information

Landlords in Northumbria have been urged to check their properties regularly for cannabis farms following two deaths as the result of a dangerous drug lab.

Average house price drops £1,575 in March, reveals Halifax data

Average house price drops £1,575 in March, reveals Halifax data

News
News
Podcast
Opinion
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Information

The average house price of a home in Britain fell 0.5%in March -a drop of £1,575 - putting the average property price at £296,699.

Tax changes stem flow of foreign BTL investors

Tax changes stem flow of foreign BTL investors

News
News
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Opinion
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Information

Tax changes have stemmed the flow of overseas house hunters seeking a buy-to-let property or second home in the last five years.

LEGAL landmark case: serving notices on your tenants – get it right first time

LEGAL landmark case: serving notices on your tenants – get it right first time

Information
News
Podcast
Opinion
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Information

Denial of receipt of notices is a recurring theme on the landlord-tenant landscape. This landmark case clarifies matters.

Landlords swarm as the Renters Rights Bill sends shock waves through the property market

Landlords swarm as the Renters Rights Bill sends shock waves through the property market

News
News
Podcast
Opinion
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Information

Landlords packed the National Landlord Investment Show in London, sounding the alarm over the game-changing Renters Rights Bill. With no-fault evictions on the chopping block, experts warn that the bill could cripple landlords with skyrocketing legal costs and a loss of control over their properties

Trickle vents can be one of the best ways to combat damp and mould in rental properties

Trickle vents can be one of the best ways to combat damp and mould in rental properties

News
News
Podcast
Opinion
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Information

Trickle vents can be one of the best ways to combat damp and mould, according to one architect who explains why houses are getting damper, ahead of Awaab’s Law.

Labour MP reiterates calls for a short-lets registration scheme

Labour MP reiterates calls for a short-lets registration scheme

News
News
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Opinion
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Information

A Labour MP has reiterated calls in the House of Commons this week for a short-lets registration scheme.

Tenants want speedier repairs rather than more regulation, reveals new LRG survey

Tenants want speedier repairs rather than more regulation, reveals new LRG survey

News
News
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Opinion
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Information

More communication and speedier repairs would improve the relationship between tenants and landlords rather than more regulation, a new industry survey has revealed.

Number of rental homes stuck at same level for nine years - but the type of landlord has changed

Number of rental homes stuck at same level for nine years - but the type of landlord has changed

News
News
Podcast
Opinion
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Information

Number of rental homes stuck at same level for nine years - but the type of landlord has changed

Landlords must be given time to adjust to Renter’s Rights Bill

Landlords must be given time to adjust to Renter’s Rights Bill

News
News
Podcast
Opinion
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Information

The National Residential Landlords Association (NRLA) has predicted “confusion and chaos” unless the Government gives landlords sufficient time to adjust to new reforms.

Rent increase restrictions lead to sharp rise in tenants challenging rent hikes

Rent increase restrictions lead to sharp rise in tenants challenging rent hikes

News
News
Podcast
Opinion
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Information

Temporary restrictions on rent increases in the Scottish private rented sector have led to a more than eightfold increase in renters challenging rent hikes.

Landlords in Northern Ireland face huge fines if they fail to comply with new electricity laws

Landlords in Northern Ireland face huge fines if they fail to comply with new electricity laws

News
News
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Opinion
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Information

Landlords in Northern Ireland face large fines if they don’t comply with electrical safety rules introduced this week.

COMMENT: Spring Statement 2025 – how will it affect the property sector?

COMMENT: Spring Statement 2025 – how will it affect the property sector?

News
News
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Opinion
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Information

Tom Entwistle reflects on the Spring Statement which he says was not so much an emergency budget, more an update on the state of the economy with a few tweaks.

Boost in BTL data reflects activity of larger wealthier landlords

Boost in BTL data reflects activity of larger wealthier landlords

News
News
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Opinion
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Information

Financial experts have greeted resurgent buy-to-let market data with caution, suggesting that larger wealthier landlords are simply taking a bigger share of the sector.

Average rents in England rise for the third month in a row to £1,213 in March

Average rents in England rise for the third month in a row to £1,213 in March

News
News
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Opinion
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Information

The average price of a rental property in England rose for the third month in a row to £1,213 in March, it has been revealed.

Desirable London properties at historic discounts, suggests Savills

Desirable London properties at historic discounts, suggests Savills

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News
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Opinion
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Information

Investors can snap up prime central London properties at historic discounts equivalent to those seen in the early 1990s, according to new research by Savills.

Half of private renters don’t have contents insurance or don’t know what it is, claims Monzo

Half of private renters don’t have contents insurance or don’t know what it is, claims Monzo

News
News
Podcast
Opinion
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Information

Half of private renters either don’t have contents insurance or don’t know what it is, leaving them financially vulnerable to theft, damage, or loss.

Only 2.5% of rented homes in England are affordable for those on housing benefit, Crisis reveals

Only 2.5% of rented homes in England are affordable for those on housing benefit, Crisis reveals

News
News
Podcast
Opinion
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Information

Only 2.5% of private rented properties listed in England were affordable for people on housing benefit between April and October last year according to Crisis, down from 12% in 2021 to 22.

Billionaire landlord ordered to repay tenants £263,555 for operating two buildings as unlicensed HMOs

Billionaire landlord ordered to repay tenants £263,555 for operating two buildings as unlicensed HMOs

News
News
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Opinion
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Information

A billionaire landlord has been ordered to repay tenants £263,555 for operating two East London buildings as unlicensed HMOs.

House price growth remains steady, but is expected to soften as stamp duty rates change today

House price growth remains steady, but is expected to soften as stamp duty rates change today

News
News
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Opinion
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Information

House price growth remained steady last month, but is expected to soften in the coming months as the stamp duty holiday comes to an end.

More than a third of landlords to offload properties, Landbay survey suggests

More than a third of landlords to offload properties, Landbay survey suggests

News
News
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Opinion
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Information

More than a third of landlords plan to offload some of their rental properties in the next 12 months, according to a new survey.

Scottish lawmakers urged not to repeat the mistake of restricting rents

Scottish lawmakers urged not to repeat the mistake of restricting rents

News
News
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Opinion
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Information

Letting agents have urged Scottish lawmakers not to repeat the mistake of restricting rents that has ultimately increased costs for tenants.

Almost £13M a week raised in property tax for Scottish Government

Almost £13M a week raised in property tax for Scottish Government

News
News
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Opinion
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Information

Almost £13million a week was raised in property taxes for the Scottish Government, new analysis has revealed.

Student rents could surge due to Renters’ Rights Bill, landlords warn

Student rents could surge due to Renters’ Rights Bill, landlords warn

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News
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Opinion
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Information

Student rents could surge following the introduction of the Renters’ Rights Bill, say landlords, who have warned that it also discriminates against foreign students.

Landlords could face CGT hike if economy dips, IFS warns

Landlords could face CGT hike if economy dips, IFS warns

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News
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Landlords could face a hike in Capital Gains Tax (CGT) if the economy dips before the Autumn Budget, the Institute of Fiscal Studies (IFS) has warned.