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Tenants in England now pay half their income in rent

Tenants in England now pay half their income in rent

News

Rightmove says the average rent in the UK now eats up 50% of the net income of those living within the private rented sector where the monthly rent per property is now £1,526.

Housing quality in rented sector rising - but so's damp

Housing quality in rented sector rising - but so's damp

News

Numbers of non-decent homes and Category 1 hazards in the PRS have fallen in recent years, although problems with damp are on the rise.

Rent controls in Scotland 'favour landlords' says Generation Rent

Rent controls in Scotland 'favour landlords' says Generation Rent

News

The Scottish government’s proposed rent control formula is generous to landlords but would leave tenants vulnerable to unaffordable rent rises, says Generation Rent.

Big council urges public to report rogue HMO landlords

Big council urges public to report rogue HMO landlords

News

Croydon Council is calling on local residents to report concerns about unauthorised HMOs as it ramps up action against errant landlords.

Landlords 'bewildered and frustrated' by Scotland's latest rent controls

Landlords 'bewildered and frustrated' by Scotland's latest rent controls

News

There is still widespread frustration and bewilderment among landlords and agent that rent controls are the only policy intervention to help tackle affordability in Scotland

CLAIM: Investors 'moving out of residential into commercial'

CLAIM: Investors 'moving out of residential into commercial'

News

Investors have started buying up shops and offices in London rather than houses in order to turn a profit.

Midlands landlord to pay £20,000 after ignoring improvement notice

Midlands landlord to pay £20,000 after ignoring improvement notice

News

A landlord in Telford is to pay a huge fine after his local council took him to court over a substandard property he rented out within the town.

Landlords caught up in latest cladding remediation problems

Landlords caught up in latest cladding remediation problems

News

A Lib Dem MP has highlighted what he describes as an unfolding EWS1 form scandal after a fire safety consultant was sanctioned for unprofessional conduct.

How will landlords handle risky tenants when 'rent in advance' is banned?

How will landlords handle risky tenants when 'rent in advance' is banned?

News

One of the seismic changes for landlords and letting agents this year will be when the Renters’ Rights Bill bans taking rent in advance.

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New Chancellor is a landlord, but can he sort out the mess left by Kwasi?

New Chancellor is a landlord, but can he sort out the mess left by Kwasi?

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The new Chancellor and former Health Secretary Jeremy Hunt has been tasked with sorting out the Kwamiikaze mini budget introduced by his predecessor, who holds the dubious gong of having the 2nd shortest tenure in the job ever. Hunt, who has made two weak

NEW: Shocking lack of rental supply now dogging the 'spare room' market too

NEW: Shocking lack of rental supply now dogging the 'spare room' market too

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Demand for shared rooms is at an all-time high, while supply has hit a nine-year low, according to flat share site SpareRoom. The shocking figures have also led to average monthly room rents reaching record highs and increasing across every UK region in Q3 2022; Scotland is up 2

LATEST: 'Landlords quitting Airbnb short-lets as strict Scots rules kick in'

LATEST: 'Landlords quitting Airbnb short-lets as strict Scots rules kick in'

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AirBnb owners are switching to long term lettings following changes to Scotlands short-term lets laws, according to a leading property firm. In a reverse of the recent trend thats seen scores of landlords ditch tenancies for holiday lets, DJ Alexander says it has been appr

EXCLUSIVE: Official council tax re-banding of HMOs a 'huge blow for tenants', says MP

EXCLUSIVE: Official council tax re-banding of HMOs a 'huge blow for tenants', says MP

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The Truss government faces its own poll tax scandal as increasing numbers of HMOs in over 50 towns and cities across the UK are re-banded by the Valuation Office Agency (VOA) as containing multiple individual homes rather than just one for council tax purp

Truss reveals banning Section 21 evictions WILL go ahead despite yesterday's leak

Truss reveals banning Section 21 evictions WILL go ahead despite yesterday's leak

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The Prime Minister has scotched rumours yesterday that she intends to U-turn on the previous Conservative governments commitment to get rid of Section 21 no-fault evictions. During a packed Prime Ministers Questions in the Commons this morning, she confirmed in a ter

Lloyds Bank provides �180mn for buy-to-let lender

Lloyds Bank provides �180mn for buy-to-let lender

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Lloyds bank has entered into a �180million financial partnership with specialist buy-to-let lender, LendInvest PLC. The lenders partnership with the leading high street retail bank will be a boost to the innovative lenders business, helping the AIM listed company grow its buy-to-let

Times political editor claims Section 21 evictions ban to be 'shelved' by Truss

Times political editor claims Section 21 evictions ban to be 'shelved' by Truss

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A tweet by the political editor of The Times newspaper has claimed that Liz Truss is about to U-turn on abolishing Section 21 evictions. Steven Swinfordhttps://twitter.com/Steven_Swinford/status/1579586149999181824" took to the social media

Tom Entwistle's ultimate guide to: Dampness, Condensation and Mould

Tom Entwistle's ultimate guide to: Dampness, Condensation and Mould

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Damp . Its that time of year landlords dread: their tenant complains about dampness and black mould

Scottish government pursues rent controls with a vengeance

Scottish government pursues rent controls with a vengeance

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Holyrood MSPs yesterday passed through emergency legislation to freeze most rents until the end of March 2023. The legislation was on a fast track from earlier this week and passed its final stage yesterday. After hearing that some residential rents had increased by up to 30 per

Portfolio landlords proving most resilient to harsher economy

Portfolio landlords proving most resilient to harsher economy

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Despite interest rate hikes battering investor confidence, the UK’s portfolio landlords remain focused on expanding their property portfolios, research from Shawbrook finds.

British Gas says landlords need more grants to go green

British Gas says landlords need more grants to go green

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British Gas has urged the government to consider a raft of measures aimed at helping landlords increase energy efficiency, including Green Upgrade Relief which lets them deduct green improvements from their annual income.

HALF of landlords say 'no pets or benefits tenants' despite looming law change

HALF of landlords say 'no pets or benefits tenants' despite looming law change

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At least 44% of landlords won’t let their property to tenants with pets and 15% won’t consider those with children, according to a new Confused.com mortgages poll.

Leaky walls causing the biggest energy loss in UK homes

Leaky walls causing the biggest energy loss in UK homes

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Winter is coming and high energy bills are really focussing attention on to what it takes to properly insulate a home. A well insulated home can make the difference between living in freezing conditions or feeling warm and comfortable this winter.

Landmark rent Rent Repayment Order case to be overturned

Landmark rent Rent Repayment Order case to be overturned

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The Government has revealed that it intends to overturn this year’s landmark Jepsen vs Rakusen rent repayment order decision in the Supreme Court within its Renters (Reform) Bill.

Student landlords win victory as Government amends reform Bill

Student landlords win victory as Government amends reform Bill

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The Government has published some 100 amendments to its Renters (Reform) Bill including ‘missing parts’ left out of the first draft lodged with parliament earlier this year.

TOM'S GUIDE: Using the Small Claims Court

TOM'S GUIDE: Using the Small Claims Court

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Tom Entwistle explains how landlords can proceed when faced with outstanding debts at the end of or even during a tenancy.

Rents racing away including record 6.8% jump in London

Rents racing away including record 6.8% jump in London

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Private rental prices paid by tenants in the UK rose by 6.1% during the 12 months to October 2023, up from 5.7% during the 12 months to September 2023, ONS data shows.

'New landlord portal WON'T remove need for selective licencing'

'New landlord portal WON'T remove need for selective licencing'

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The Chartered Institute of Environmental Health (CIEH) has told MPs that the Government's looming national property portal for landlords won’t diminish the need for selective licencing.

EXPERT: Does guaranteed rent pay better than traditional landlording?

EXPERT: Does guaranteed rent pay better than traditional landlording?

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Landlords using a guaranteed rent scheme can earn £3,600 a year more than by conventional letting, according to one guaranteed rent provider.

Notice periods should be same for landlords and tenants, experts tell MPs

Notice periods should be same for landlords and tenants, experts tell MPs

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Granting landlords and tenants the ability to give the same notice periods would prevent the private rented sector “becoming Airbnb by the back door”, NRLA’s chief executive Ben Beadle has told MPs.

Landlords claim victory after council delays licencing schemes

Landlords claim victory after council delays licencing schemes

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Landlords in Luton claim to have once again persuaded the town’s council to delay its highly controversial additional and selective licencing schemes, the fourth time this has happened in as many years.

20% of short-lets in London are former long-term rentals

20% of short-lets in London are former long-term rentals

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More than 20% of short-term lets advertised in London were previously long-term rentals, according to research by property data platform Propalt.

Councils call for huge fines if landlords evade new eviction rules

Councils call for huge fines if landlords evade new eviction rules

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Councils are calling for a widening of the conditions under which tenants can claim rent repayment orders (RROs) as part of the Renters (Reform) Bill.

Landlords called out over £80m interest from rental deposits

Landlords called out over £80m interest from rental deposits

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Letting agents and landlords are benefitting from higher interest rates by reaping more than £80 million this year from billions of pounds’ worth of tenants’ deposits.

Term tenancy are fixed and must be for all landlords

Term tenancy are fixed and must be for all landlords

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A leading student accommodation expert has urged the Government to create a level playing field for the sector within the looming Renters (Reform) Bill or face a perfect storm of rising rents and contracting suipply.

Renting reform minister GONE nine months after getting job

Renting reform minister GONE nine months after getting job

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A housing minister appointed just nine months ago by Rishi Sunak has now been asked to stand down during today’s reshuffle triggered by the sacking home Home Secretary Suella Braverman.

Landlords angry over council's property licencing U-turn

Landlords angry over council's property licencing U-turn

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A big NE of England council is considering supplementing its landlord-led scheme with selective licensing in large parts of the town.

Landlord home buying slumps to lowest level for 13 years

Landlord home buying slumps to lowest level for 13 years

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Landlords are selling more homes than they’re buying, according to Hamptons’ monthly letting index, although the sell-off is slowing down.

Debate rages: Will banning Section 21 evictions reduce supply?

Debate rages: Will banning Section 21 evictions reduce supply?

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Fears that banning section 21 will harm the PRS in England are entirely misplaced, based on contradictory evidence in Scotland, according to The Social Market Foundation (SMF).

Tax liability – how to minimise it as a landlord

Tax liability – how to minimise it as a landlord

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As a landlord, you want to ensure your property business is as profitable as possible – and that means minimising your tax liability, so you don’t pay HMRC any more than you need to. Here are some options that can help you do that.

Tenants using the home to run a business - how safe are you?

Tenants using the home to run a business - how safe are you?

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The Landlord and Tenant Act 1954 Part II provides security of tenure to tenants of premises occupied for business purposes, or mixed residential and business purposes. Under the provisions of the 54 Act, it is possible for a lease or tenancy of a property, used for both resid

A new wave of investors rush in to buy properties off landlords looking to sell

A new wave of investors rush in to buy properties off landlords looking to sell

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After a slew of bad news, this week’s headlines come as a welcome relief for landlords looking to sell. The Telegraph reported that despite higher rates and regulatory risks around rentals, a wave of new investors had entered the market, stepping in to take portfolios off landlords’ hands.

Airbnb service for landlords raises £1.75m but still isn't profitable

Airbnb service for landlords raises £1.75m but still isn't profitable

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A business that rents out properties via Airbnb on behalf of landlords has raised another £1.75 million from investors, taking its total raised since 2016 to £12 million.

Record year for build-to-rent construction, says Savills

Record year for build-to-rent construction, says Savills

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The Build-To-Rent (BTR) sector now accounts for 10% of all UK real estate investment after a record-breaking year.