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'If the Budget delivers stability, the property sector will benefit'

'If the Budget delivers stability, the property sector will benefit'

Opinion

Nick Lyons, chief executive of inventory experts No Letting Go give his view on the measures announced yesterday in parliament by Rachel Reeves.

ANALYSIS: What does stamp duty hike mean for landlords?

ANALYSIS: What does stamp duty hike mean for landlords?

News

The Labour Government has ramped up its increasingly anti-landlord policies by increasing the stamp duty they pay when buying rental properties from 3% to 5%.

BUDGET: 'Additional dwelling' stamp duty for landlords rises to 5%

BUDGET: 'Additional dwelling' stamp duty for landlords rises to 5%

News

Chancellor Rachel Reeves has delivered a tax blow to landlords with a 2% increase in stamp duty to 5% on second homes and investment properties – which takes effect tomorrow.

Rogue landlord to pay £7,000 after council raids properties

Rogue landlord to pay £7,000 after council raids properties

News

A rogue landlord has been handed a £7,000 legal bill for renting out three dangerous flats containing a raft of faults.

Activists urge Chancellor to make landlords pay NI contributions

Activists urge Chancellor to make landlords pay NI contributions

News

Generation Rent has urged Chancellor Rachel Reeves to tax landlords harder in her first Budget by making them pay NI contributions.

Short-lets licensing would be intensely impractical' warns expert

Short-lets licensing would be intensely impractical' warns expert

News

A leading property lawyer has described a campaigning MP’s latest attempt to usher in harsher regulation of short-lets in holiday hotspots as ‘intensely impractical’.

Labour promises to kick dodgy letting agents out of industry

Labour promises to kick dodgy letting agents out of industry

News

Labour has committed to regulating estate agents in a bid to oust the rogue operators within the sector who give the wider industry a bad name and often cost landlords money and time when their services fall short of minimum standards.

Manchester mayor to back role of 'good landlords' in rental sector

Manchester mayor to back role of 'good landlords' in rental sector

News

Manchester mayor Andy Burnham is to make a keynote speech at the NRLA’s annual conference in Birmingham next week.

Third of all rental homes have an EPC under band C, new data shows

Third of all rental homes have an EPC under band C, new data shows

News

Landlords face an ongoing buy-to-let investment challenge as a new report reveals that a third of all homes for sale in Britian have an EPC rating below a C.

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Another Tribunal says landlord NOT responsible for rent repayment order

Another Tribunal says landlord NOT responsible for rent repayment order

News
News
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Another First Tier Property Tribunal has confirmed that a superior landlord cannot be held responsible for a Rent Repayment Order (RRO), following the landmark Rakusen case. Tenant Riaz Moola had tried to argue that landlord Khalil Mbarek was responsible for the property in t

Stop trying to win 'cheap brownie points' with renters, lender tells Government

Stop trying to win 'cheap brownie points' with renters, lender tells Government

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News
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The Government must stop its ongoing and irresponsible attempts to curry favour with tenants via its looming reform of the private rented sector, a buy-to-let lender has said. Mortgages for Business boss Gavin Richardson (main

LATEST: London landlord duo convicted of �1 million benefits fraud

LATEST: London landlord duo convicted of �1 million benefits fraud

News
News
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Opinion
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A landlord couple have been convicted of a �1 million benefit fraud stretching over 20 years. Emmanuel Bay , 68, and Nancy Bay , 67, of Sudbourne Road, Brixton (pictured), were found guilty of 21 offences between 1999 and 2018 under t

Landlord's troubles just go from one crisis to the next...

Landlord's troubles just go from one crisis to the next...

News
News
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Opinion
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Home Reit, an investment trust landlord, was set-up to house Britains homeless. But the company has found itself running into increasing difficulties, with tenants' complaints and failed rent payments, a negative short-seller's report, a financial squeeze with falling stock prices and al

Landlord leader: Minister 'must tackle crumbling eviction courts '

Landlord leader: Minister 'must tackle crumbling eviction courts '

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News
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A boost in court resources as well as measures to fast-track the most serious possession cases related to anti-social behaviour and rent arrears will be vital post-Section 21, says NRLA chief executive Ben Beadle . Without reform, a rise in cases will add t

Big council says HMOs 'fundamentally change areas' as it clamps down

Big council says HMOs 'fundamentally change areas' as it clamps down

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News
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Councillors in Reading are set to rubber stamp plans to extend restrictions on the number of HMO conversions. An Article 4 direction already covers parts of the town where HMOs are prevalent, in much of Park, Redlands and Katesgrove wards, as well as Jesse Terrace.

Landlords seeking to convert commercial into residential warned by trade body

Landlords seeking to convert commercial into residential warned by trade body

News
News
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Propertymark has called for a set of standards for developers and clear guidance for local councils as a way to effectively convert empty commercial properties into affordable homes - an increasingly popular path for some bigger PRS landlords. Responding to an inquiry from all-p

Is converting commercial buildings to residential use a viable proposition?

Is converting commercial buildings to residential use a viable proposition?

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News
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Converting commercial buildings to residential use would seem an ideal solution to a housing shortage, especially with and a glut of underused commercial buildings, but how easy is it? The planning regulation changes have made it easier to convert commercial buildings to residen

BREAKING: New mandatory 'How to Rent' guide delayed for a week

BREAKING: New mandatory 'How to Rent' guide delayed for a week

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News
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The new How to Rent guide due to come out today (17th March) has been delayed for a week, according to industry sources. The new guide forms part of the prescribed information that landlords in England must issue at the start of any new tenancy or renewa

Record rent rises revealed by latest official PRS data

Record rent rises revealed by latest official PRS data

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News
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UK rents increased by 6.2% in the year to December 2023 - the joint highest annual percentage change since 2016.

MPs told Commonhold is best replacement for leasehold

MPs told Commonhold is best replacement for leasehold

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News
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Experts and campaigners giving evidence to the Leasehold and Freehold Reform Bill committee have endorsed a commonhold system.

Landlord slams 'over the top' DWP demands on tenants

Landlord slams 'over the top' DWP demands on tenants

News
News
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Tenants across the UK are being asked to comply with an extensive fraud checklist to confirm their eligibility for Universal Credit.

Landlords in Wales not obliged to flag homelessness risk

Landlords in Wales not obliged to flag homelessness risk

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News
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Propertymark has welcomed the Welsh government’s commitment that private landlords shouldn’t have to refer tenants at risk of homelessness.

Family build-to-rent urged to meet PRS shortfall

Family build-to-rent urged to meet PRS shortfall

News
News
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Opinion
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Up to one million new rental homes will be needed to accommodate growing demand by 2031, particularly from young families, across England and Wales.

Fewer tenancies trigger letting agency closures

Fewer tenancies trigger letting agency closures

News
News
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Opinion
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Almost 2,000 letting agent branches shut up shop last year which meant 2023 ended with 659 fewer branches on the high street.

Funding concerns continue to stall retrofit plans

Funding concerns continue to stall retrofit plans

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News
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Nearly a fifth of landlords believe the government should prioritise better access to finance so they can carry out retrofitting plans.

More landlords in cost-saving drive to incorporate

More landlords in cost-saving drive to incorporate

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News
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A record 50,004 limited BTL companies were set up last year, driven by landlords looking to shelter themselves from higher interest rates.

Landlords told to fix mouldy homes within 24 hours 

Landlords told to fix mouldy homes within 24 hours 

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News
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Michael Gove says that under Awaab’s Law, social housing landlords must deal with condensation issues without delay.

What is in store for landlords in 2024?

What is in store for landlords in 2024?

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Get ready for an intriguing year ahead in 2024, particularly if you're a hands-on landlord, as several forthcoming announcements are poised to reshape the landscape of property management.

Court agrees a vital new 'green lease' clause

Court agrees a vital new 'green lease' clause

News
News
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The importance of keeping commercial lease clauses up-to-date with changes in new legislation, in particular there's one clause that should be inserted into every commercial lease to take account of the new energy efficiency rules. Under the Landlord

Tribunal rules tenant at fault for safety check breach

Tribunal rules tenant at fault for safety check breach

News
News
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A landlord who was unable to conduct an electrical safety check due to his hoarding tenant has had a £3,500 fine quashed.

Commercial landlords to get more EPC breathing space

Commercial landlords to get more EPC breathing space

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News
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The government has confirmed that commercial landlords won’t have to meet a proposed 2025 deadline to raise their properties to an EPC band C.

Tech tie-up helps tenants report rent payments

Tech tie-up helps tenants report rent payments

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News
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CreditLadder has teamed up with Digital ID Connect so app users can report rental payments into credit reference agencies.

Rent fall 'no breakthrough' in challenging market

Rent fall 'no breakthrough' in challenging market

News
News
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Monthly rental costs fell by 0.9% across the UK during December and by 2.2% in Greater London - one of the biggest drops seen in 2023.

No law on cards for private landlords to tackle mould

No law on cards for private landlords to tackle mould

News
News
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The government has rejected calls for private landlords to be given similar deadlines to the social housing sector for dealing with damp and mould.

New year brings change in top jobs at NRLA

New year brings change in top jobs at NRLA

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News
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The NRLA has made two top-level appointments to bolster its service at the start of a crucial year.

Letting agencies join forces to create franchise supergroup

Letting agencies join forces to create franchise supergroup

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News
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The Property Franchise Group (TPFG) and Belvoir Group have agreed to a merger to create a wide-reaching property franchise business.

Drugs gang hid behind student lets firm to make millions

Drugs gang hid behind student lets firm to make millions

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News
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An organised crime group which used a student letting firm as a front for their multi-million-pound empire have been guilty of drug offences.

Wales on track to license all holiday homes

Wales on track to license all holiday homes

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All short-term lets in Wales will soon have to be registered and licensed under plans announced by the Welsh government.

New year heralds brighter BTL mortgage outlook

New year heralds brighter BTL mortgage outlook

News
News
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Mortgage market drama should subside this year, thanks to stable property prices, strong rental demand, rising rents and softening mortgage interest rates.

Warning: New-look Scottish rent controls risk backfiring

Warning: New-look Scottish rent controls risk backfiring

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News
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A new adjudication process for rent controls in Scotland could add further layers of bureaucracy without benefitting landlords or tenants.

Legal case: rent repayment orders - honesty the best policy

Legal case: rent repayment orders - honesty the best policy

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News
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A Rent Repayment Order (RRO) is an order that allows a tenant or local authority to reclaim rent or housing benefit where a landlord rents out an unlicensed property such as a house in multiple occupation (HMO). Rent Repayment Orders are obtained through a residential property t

Landlords forced to take a hit on costs by asking lower rents

Landlords forced to take a hit on costs by asking lower rents

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News
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More landlords are being forced to reduce advertised rents in the cost-of-living crisis.

Council bids to buy more private rented homes

Council bids to buy more private rented homes

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News
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A council plans to buy 65 private rental properties through its housing company in a bid to address the shortage of homes.