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Reform bill will push more landlords into the short-lets market, say experts

Reform bill will push more landlords into the short-lets market, say experts

News

Leading figures on both sides of the private rented sector have agreed that the Renters Reform Bill, along with the Governments other changes including tax relief, are driving landlords into the short lets market. The comments were made during a debate chaired by former North

OFFICIAL: Latest evictions surge 'due to reforms pushing out landlords'

OFFICIAL: Latest evictions surge 'due to reforms pushing out landlords'

News

The Minsitry of Justice has blamed a 23% jump in the number of private landlord possession during the first three months of the year on the Welsh PRS reforms, although volumes are still below pre-Covid levels. Quarterly figures from the Ministry of Justice show that claims 

The Renters (Reform) Bill – what do the experts think? - The Property Cast, special

The Renters (Reform) Bill – what do the experts think? - The Property Cast, special

Podcast

In this bonus episode of The Property Cast, Sean Hooker, Head of Redress at the Property Redress Scheme and Kate Faulkner OBE, one of the UK's leading property experts, explore their thoughts on the much anticipated Renters (Reform) Bill. Is it the game changer it is being bill

The UK's �1bn self-storage business boosted by the shortage of rentals

The UK's �1bn self-storage business boosted by the shortage of rentals

Information

Running a storage rentals business, supplying and letting space for inanimate objects, as opposed to people, is potentially far more lucrative and a lot less troublesome than operating as a residential landlord. The UK self-storage industry has grown steadily over the last twent

More landlords lose properties as interest rates and rising prices hit home

More landlords lose properties as interest rates and rising prices hit home

News

At least 410 buy-to-let mortgaged properties were repossessed in the first quarter of 2023, 28% higher than in the previous quarter - the highest level since the start of the pandemic. https://www.ukfinance.org.uk/" UK Finance reports that 970 buy-to-let mortg

Illegal HMO conversion lands landlord with hefty fine

Illegal HMO conversion lands landlord with hefty fine

News

A https://www.landlordzone.co.uk/news/court-fines-unlucky-but-rogue-landlord-12000-over-unlicensed-hmo/" rogue landlord who illegally subdivided his property into seven separate flats has been ordered to pay back more than �110,000 through the Proceeds of Crime Act.<br><

Green mortgage aims to make an impact on BTL investors

Green mortgage aims to make an impact on BTL investors

News

Buy-to-let landlords could add the cost of making properties more https://www.landlordzone.co.uk/news/landlords-rush-to-offload-their-energy-poor-properties/" energy efficient onto their mortgage in an initiative to make more UK homes greener. https:/

BLOG: How the Renters (Reform) Bill heralds big changes for landlords

BLOG: How the Renters (Reform) Bill heralds big changes for landlords

News

In the second in a series of blogs for&nbsp;LandlordZONE&nbsp; on rental reform,&nbsp;Sean Hooker , Head of Redress at the&nbsp;https://www.theprs.co.uk/" <e

Reform Bill: Landlords brace for 'challenging' notice periods

Reform Bill: Landlords brace for 'challenging' notice periods

News

Tenants could effectively move in and give notice the same day under proposals in the https://www.landlordzone.co.uk/news/renters-reform-bill-we-take-a-first-look-at-the-radical-new-legislation/" Renters (Reform) Bill . The draft legislation scraps assured shor

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Landlords in NI told to renew national licence or face big fine

Landlords in NI told to renew national licence or face big fine

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News
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Landlords in Northern Ireland are being reminded to renew their registration or face a heavy fine. 

MP slams Airbnb for 'clearing out' longer-term lets

MP slams Airbnb for 'clearing out' longer-term lets

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News
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Former Lib Dems leader Tim Farron has slammed Airbnb and other holiday lets platforms for creating a ‘clearance’ of long-term rental homes from his Lakeland constituency.

Landlords urge caution as new housing minister plans reforms

Landlords urge caution as new housing minister plans reforms

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News
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Jersey’s private landlords have urged the island’s new Housing Minister to find the right balance when he revives stalled protections for landlords and tenants.

Labour landslide 'best outome for PRS' says landlording expert

Labour landslide 'best outome for PRS' says landlording expert

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News
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A Labour landslide could be a better outcome for buy-to-let landlords than if the party wins the next election by a small majority, according to a leading property guru.

Interest rate hold: Will landlord mortgage costs now go down?

Interest rate hold: Will landlord mortgage costs now go down?

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News
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The base interest rate used by many lenders to determine mortgage costs for landlords is to be held at 5.25% for the fourth time in a row, the Bank of England’s Monetary Policy Committee has decided today.

Council reassures landlords over problems with licence system

Council reassures landlords over problems with licence system

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News
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Southwark Council has reassured landlords that they won’t be lose out on an early bird discount after they reported problems accessing its updated online licensing system.

Support landlords with tax breaks says leading estate agent

Support landlords with tax breaks says leading estate agent

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News
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A leading agent has urged the government not to rely solely on private landlords’ resilience if it wants to stop more from quitting the sector.

Labour vows to make private landlords adopt 'Awaab's Law'

Labour vows to make private landlords adopt 'Awaab's Law'

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News
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Labour will extend ‘Awaab’s Law’ into the private rented sector if it wins power at the next General Election, its Deputy Leader Angela Rayner has revealed.

Legal case: the largest ever service charges dispute

Legal case: the largest ever service charges dispute

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News
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The exact wording in leases is so very important when it comes to landlord - tenant disputes with commercial and residential property leases

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.

Landlords' legal action halts licensing scheme

Landlords' legal action halts licensing scheme

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News
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A group of disgruntled landlords in Scunthorpe has succeeded in halting its new selective licensing scheme.

New “crackdown on bad landlords” launched by London council

New “crackdown on bad landlords” launched by London council

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News
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A new “crackdown on bad landlords” has been introduced by a London council.

Tenants are paying £2,195 more on their annual housing costs, says Savills

Tenants are paying £2,195 more on their annual housing costs, says Savills

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News
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Private tenants are paying £2,195 more on their annual housing costs than in 2022, according to Savills’ latest research.

The Renters' Rights Bill moves a step closer to Royal Ascent

The Renters' Rights Bill moves a step closer to Royal Ascent

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News
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The controversial Renters' Rights Bill has moved a step closer to Royal Ascent

Tenancies will “change overnight’ once Renters’ Rights Bill comes in

Tenancies will “change overnight’ once Renters’ Rights Bill comes in

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News
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Tenancies will “change overnight’ once the Renters’ Rights Bill comes into force, Sean Hooker, of the Property Redress Scheme, has warned.

Portfolio landlord takes on £3.67M loan to consolidate 22 properties in London and Birmingham

Portfolio landlord takes on £3.67M loan to consolidate 22 properties in London and Birmingham

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News
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A portfolio landlord has taken on a huge loan to consolidate 22 properties across London and Birmingham.

Don’t fall foul of the discrimination laws 

Don’t fall foul of the discrimination laws 

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News
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There are more discrimination laws on the way under the Renters’ Rights Bill

Landlord Action celebrates 25 years of helping private landlords recover their properties

Landlord Action celebrates 25 years of helping private landlords recover their properties

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News
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Landlord Action is celebrating 25 years of successfully helping private landlords recover their properties.

Tax expert explains how to avoid being landed with a big BTL tax bill

Tax expert explains how to avoid being landed with a big BTL tax bill

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News
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A tax expert has urged BTL investors to use or lose their annual capital gains tax (CGT) exemption to avoid being landed with a big tax bill.

Bank of England keeps interest rates at 4.5% amid inflation concerns

Bank of England keeps interest rates at 4.5% amid inflation concerns

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News
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The Bank of England kept interest rates at 4.5% today amid fears that inflation is still a threat.

Newly qualified nurses struggle to afford to rent privately, Shelter claims

Newly qualified nurses struggle to afford to rent privately, Shelter claims

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News
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Newly qualified nurses can’t afford to rent privately in almost half - 45% - of local authorities in England, according to new analysis from Shelter.

Landlords must not drag their heals over EPC ratings, warns bank director

Landlords must not drag their heals over EPC ratings, warns bank director

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News
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Landlords must not to drag their heels when it comes to improving properties’ energy efficiency rating - or face potential issues with finding tradespeople and working with letting agents, a financial expert has warned.

More tenants are using alternative deposit schemes, new data reveals

More tenants are using alternative deposit schemes, new data reveals

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News
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A growing number of tenants in the build-to-rent (BTR) sector are using deposit alternative products as many opt to invest a lump sum instead of locking it away in a traditional cash scheme.