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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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Bill to make evictions harder and limit rent rises 'wrong' say landlords

Bill to make evictions harder and limit rent rises 'wrong' say landlords

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The Scottish coalition Government has finally revealed its plans for the private rented sector including permanent rent controls, new rights to keep pets, decorate rented homes and stronger protection against eviction.

Landlord tells tenants: 'no old people, no overnight visitors, no drinking'

Landlord tells tenants: 'no old people, no overnight visitors, no drinking'

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News
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A man has been dubbed “the world’s strictest landlord” for telling would-be tenants that they can’t have anyone staying the night have a drink.

HMO firm to pay £30,000 after blocking fire exit with.... shipping container

HMO firm to pay £30,000 after blocking fire exit with.... shipping container

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News
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A housing management company has been fined £30,000 after an escape route at its HMO was found to be padlocked shut and blocked by a large shipping container.

MPs launch probe into why home buying and selling is so stressful

MPs launch probe into why home buying and selling is so stressful

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News
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The government has launched a cross-party inquiry into how the experience of buying and selling homes could be improved in England.

Birmingham landlords trial 'UK first' tech to help them comply with licencing

Birmingham landlords trial 'UK first' tech to help them comply with licencing

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News
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A group of landlords in Birmingham are spearheading an innovative trial of new technology designed to help them comply with local licencing and other regulatory requirements.

Peers label Gove's leasehold reforms 'unambitious' and 'disappointing'

Peers label Gove's leasehold reforms 'unambitious' and 'disappointing'

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Peers debating the Leasehold and Freehold Reform Bill were almost unanimous in their belief that it doesn’t go far enough to protect leaseholders.

Lancashire town green lights HMO planning crackdown

Lancashire town green lights HMO planning crackdown

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News
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Burnley Council is set to get tougher on landlords converting the town’s properties into HMOs.

LandlordZONE Reveals Utilita Energy as Official Energy Partner

LandlordZONE Reveals Utilita Energy as Official Energy Partner

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News
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Utilita Energy has stepped up to become LandlordZONEone’s official energy partner, and is on a mission to spend the next 12 months putting landlords on the energy efficiency front foot.

A major risk to life, limb and property - lies hidden in plain sight

A major risk to life, limb and property - lies hidden in plain sight

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News
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Are you aware of the risks that commonly used devices in homes, workplaces, on our dives and garages now pose?

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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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.

The Making Tax Digital net is closing on landlords

The Making Tax Digital net is closing on landlords

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News
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Plans to Revolutionise the UK's Tax System will take a step forward from April 2028 when MTD will be expanded to include those earning more than £20,000 per year

With the RRB on the horizon, is it better to manage your rental yourself or hire an agent?

With the RRB on the horizon, is it better to manage your rental yourself or hire an agent?

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A letting agent ensures compliance with the Renters' Rights Bill and simplifies property management.

Choice of BTL mortgage deals hits record high

Choice of BTL mortgage deals hits record high

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News
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Landlords searching for a new deal will find the choice of buy-to-let mortgages has hit a record high, with 3,860 products available.

Spring Statement did “nothing” to tackle the rental crisis, says NRLA

Spring Statement did “nothing” to tackle the rental crisis, says NRLA

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News
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The National Residential Landlords Association (NRLA) has labelled the Spring Statement a missed opportunity to improve the chronic supply crisis in the private rented sector.

Landlords see profits soar from downsizing “loophole”

Landlords see profits soar from downsizing “loophole”

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Landlords are profiting by selling before the Renters' Rights Bill, then reinvesting in post-Bill bargains.

Landlords are being brought "into line” - but more needs to be done to tackle PRS pressures, suggests Labour MP

Landlords are being brought "into line” - but more needs to be done to tackle PRS pressures, suggests Labour MP

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News
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The Government has started to “bring landlords into line”, but more needs to be done to tackle the pressures in the private rented sector, a Labour MP has suggested.

One in five tenants borrow money for their deposit

One in five tenants borrow money for their deposit

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News
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One in five renters has borrowed money that needs to be paid back for their five-week cash deposit, putting them in a precarious financial position before moving in.

Landlords struggling with “needlessly complex” HMO licence renewal applications are selling up

Landlords struggling with “needlessly complex” HMO licence renewal applications are selling up

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News
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Landlords struggling with “needlessly complex” HMO licence renewal applications are fed up and selling up, according to Portsmouth & District Landlords Association (PDPLA).

Search for Landlord of the Year begins

Search for Landlord of the Year begins

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News
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The search is on for Landlord of the Year as part of this year’s LIS (Landlord Investment Show) Awards.

Landlords must use new digital tax software, the Chancellor confirms

Landlords must use new digital tax software, the Chancellor confirms

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Landlords will have to use the new Making Tax Digital for Income Tax Self-Assessment system, the Chancellor has confirmed.

Spring Statement proves a missed opportunity for landlords and stamp duty

Spring Statement proves a missed opportunity for landlords and stamp duty

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News
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The Spring Statement proved a missed opportunity for landlords and stamp duty, it has been suggested.

Tenants warned to know their rights after Chancellor announces more new homes

Tenants warned to know their rights after Chancellor announces more new homes

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News
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Tenants have been warned to know their rights following Chancellor Rachel Reeves’ announcement of a £2billion investment in 18,000 new social and affordable homes.

Landlords in Scotland are warned to weigh up raising rents with risking void periods

Landlords in Scotland are warned to weigh up raising rents with risking void periods

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News
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Landlords in Scotland have been warned to weigh up raising rents with risking void periods.

Concerns raised about whether new planning reforms go far enough to address housing shortage

Concerns raised about whether new planning reforms go far enough to address housing shortage

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News
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Concerns about whether new planning reforms go far enough to address the country’s housing shortage have been raised by estate agents.

Guarantors - Labour pressured to remove a fundamental right for landlords

Guarantors - Labour pressured to remove a fundamental right for landlords

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News
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Homelessness charities are requesting amendments to the Renters’ Rights Bill that would severely limit landlords’ right to use guarantor agreements

Inflation dips to 2.8%, boosting hopes of interest rate cuts

Inflation dips to 2.8%, boosting hopes of interest rate cuts

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News
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Inflation has dipped, boosting mortgage borrowers’ hopes of more interest rate cuts.

Average asking rents have risen to £557 a week, new Foxton figures have revealed.

Average asking rents have risen to £557 a week, new Foxton figures have revealed.

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News
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Average asking rents have risen to £557 a week, new Foxton figures have revealed.

Flat sales stall amid lack of meaningful progress on unsafe cladding repairs, estate agents warn

Flat sales stall amid lack of meaningful progress on unsafe cladding repairs, estate agents warn

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News
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Many flat sales are stalling due to a lack of meaningful progress on unsafe cladding repairs, estate agents have warned.

Landlords invited to a “five-star training day” to help boost their property business

Landlords invited to a “five-star training day” to help boost their property business

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News
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Landlords are being invited to a “five-star training day” to help them navigate the biggest changes in the rental market for 30 years.

Single-Family Housing market attracts attention amid surge in demand

Single-Family Housing market attracts attention amid surge in demand

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News
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Investors are targeting the Single-Family Housing (SFH) market as the booming sector aims to help fill the PRS shortfall.

Landlord fails in bid to increase tenant’s rent, tribunal rules

Landlord fails in bid to increase tenant’s rent, tribunal rules

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News
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A landlord company has failed in its bid to increase a tenant’s rent by 25% after a First Tier Property Tribunal heard that poor standards would lower the market rent.

NRLA on the road: New events programme to bring the association to you

NRLA on the road: New events programme to bring the association to you

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The NRLA is hosting free "On Tour" events across England and Wales, offering expert advice on upcoming legislation. The first live Listen Up Landlords podcast will also be recorded to mark the NRLA's fifth anniversary. Details for the annual conference will be announced soon.

Landlords turn to HMOs as higher mortgage costs steer them towards larger properties for better returns

Landlords turn to HMOs as higher mortgage costs steer them towards larger properties for better returns

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News
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More landlords are investing in HMOs as higher mortgage costs prompt them to turn to larger properties with better returns.