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Lloyds Bank's plans to build 'thousands' of rental homes prove over optimistic

Lloyds Bank's plans to build 'thousands' of rental homes prove over optimistic

News

Lloyds has grown its rental portfolio to 1,000 properties and has another 700 in the pipeline as it bids to become one of the UKs biggest landlords, albeit far off its original objectives. The bank has some way to go if the publicly-owned institution is to meet its target of

Landlord secures huge victory in �18,000 Rent Repayment Order case

Landlord secures huge victory in �18,000 Rent Repayment Order case

News

An Upper Tribunal has slashed a landlords Rent Repayment Order by �16,000 after taking pity during an appeal hearing on her precarious financial position�. A First Tier Property Tribunal https://assets.publishing.service.gov.uk/media/6239f607e90e07799cd3de67/LO

Landlord pays �40,000 fine after large HMO 'put tenants at risk'

Landlord pays �40,000 fine after large HMO 'put tenants at risk'

News

A landlord in Norfolk has payed fines totalling �40,000 after he was found to have housed tenants in a way that put tenants at risk. Issues were reported at the Watton property (pictured) to Breckland Council last year, which prompted an inspection by officers who found a block

BREAKING: Landlords face higher mortgage costs as base rate rises by 0.5%

BREAKING: Landlords face higher mortgage costs as base rate rises by 0.5%

News

The Bank of England has this lunchtime raised its base rate by 0.5% as the venerable institution fights to bring down inflation, which yesterday was revealed to be sticking stubbornly at 8.7%, way above the bank's target of 2%. Commentators and mortgage holders alike had hoped t

Welsh minister backs review of existing higher stamp duty rates for landlords

Welsh minister backs review of existing higher stamp duty rates for landlords

News

Welsh Minister for Climate Change Julie James has backed the NRLAs call for a review of property taxation in the PRS. Speaking at thehttps://www.landlordzone.co.uk/news/breaking-landlords-tell-housing-minister-face-to-face-that-sector-needs-support/" <strong i

Treasury chief says landlords and homeowners 'will not get mortgage help'

Treasury chief says landlords and homeowners 'will not get mortgage help'

News

The Treasury has confirmed that it will not introduce tax relief on mortgage interest payments for either homeowners or landlords despite the ongoing mortgage cost crisis. As we https://www.landlordzone.co.uk/news/mortgages-landlord-tells-bbc-how-payments-have-tripled-o

New report hails growth of institutional build-to-rent

New report hails growth of institutional build-to-rent

News

JLL's latest report highlights the rapid growth of institutional Build-to-Rent (BTR) in the UK, with over 82,000 homes completed and rising demand.

BE WARNED: Why keeping records is so important for landlords

BE WARNED: Why keeping records is so important for landlords

News

Suzy Hershman (main picture), Resolution Department Lead at HFIS, examines a shocking case her team dealt with recently and highlights what landlords can learn from it . The case</h4>A landlord with a four-bedroom property i

Famous landlord to pay �166,000 legal costs after losing court claim

Famous landlord to pay �166,000 legal costs after losing court claim

News

Multi-millionaire landlord Judith Wilson (main picture, inset) has been hit with a �166,000 court bill after losing a legal battle against Tonbridge and Malling Borough Council. Wilson, wife of the controversial Fergus, who was once dubbed Britains

VIDEO: 'Best landlord in UK' gives unusual advice to other investors about profits

VIDEO: 'Best landlord in UK' gives unusual advice to other investors about profits

News

Treat tenants like customers and stop thinking about profit if you want to make a success of property investing - thats the advice of lettings and landlord professional Tom Soane, who boasts that its made him the 'best landlord in the UK'. Your property is a product, te

Landlords across UK given more time to find out about licencing launches

Landlords across UK given more time to find out about licencing launches

News

Councils have been given three months longer to launch selective licencing schemes, new Government guidance has revealed. An update to the Department of Levelling Up, Housing and Communities advice to local authorities considering or planning a selective licencing scheme has

NEW: Former rental properties now account for 11% of homes for sale

NEW: Former rental properties now account for 11% of homes for sale

News

More than 1 in 10 (11%) homes for sale on Zoopla are former rental properties after private landlords faced with tax changes and higher borrowing costs have rationalised their portfolios or quit the market. Before the pandemic, half of these homes for sale returned to th

MORTGAGES: Worried landlord tells BBC how his payments have tripled

MORTGAGES: Worried landlord tells BBC how his payments have tripled

News

Paul Bradley, a landlord with a single rental property in North London, has told the BBC how the ongoing mortgage crisis has seen his monthly interest-only loan payments triple over the past 12 months. His case illustrates vividly the significant challenges that the approximatel

Tenant Referencing Failures Surge Amid Cost-of-Living Crisis

Tenant Referencing Failures Surge Amid Cost-of-Living Crisis

News

Rising cost of living causes tenant referencing pass rates to drop from 35% to 25%, increasing rental risk for landlords, reports Housing Hand.

Powerless councils could make or break reforms, says Labour MP

Powerless councils could make or break reforms, says Labour MP

News

A Labour MP has called on the government to extend notice periods from two to four months to prevent landlords from unjustly evicting tenants. <figure id="" class="w-richtext-figure-type- " data-rt-type="" data-rt-align=""><div><img src="https://cdn.prod.website-files.com/63bef2f3c329eff8e3

Licencing scheme off to weak start after only a third of landlords register

Licencing scheme off to weak start after only a third of landlords register

News

Only one-third of Oxfords private rental properties have been registered for its city-wide selective licensing scheme and could soon face steeper fees or a hefty fine. The scheme, which launched last September, has received more than 10,500 licence applications from the 3

Landlord pleads with council to consider HMO tenants as housing shortages bite

Landlord pleads with council to consider HMO tenants as housing shortages bite

News

An https://www.landlordzone.co.uk/news/braverman-under-pressure-to-reverse-outrageous-new-hmo-rules-for-asylum-seekers/" HMO landlord says desperate new tenants are moving in hours after the previous tenants leave due to a dearth of available properties. In he

'Despicable fraudster' gets eight-year ban for stealing landlords' deposits and rent

'Despicable fraudster' gets eight-year ban for stealing landlords' deposits and rent

News

A letting agent who ripped off dozens of landlord clients has been banned from being a company director for eight years. https://www.landlordzone.co.uk/news/letting-agent-who-stole-80000-from-dozens-of-landlords-admits-fraud/" Frank Smart , 46, the owner of Sma

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Labour U-turn on pet insurance a 'betrayal' says campaigner

Labour U-turn on pet insurance a 'betrayal' says campaigner

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News
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Labour's bewildering decision to U-turn on requiring tenants to have pet insurance has been slammed.

HMOs up to 50% more valuable than average house price

HMOs up to 50% more valuable than average house price

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News
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New research reveals how higher yields make licensed HMOs much sought after among investors.

Greater Manchester landlords urged to sign up to Andy Burnham’s Charter

Greater Manchester landlords urged to sign up to Andy Burnham’s Charter

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News
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All landlords in Greater Manchester will be expected to sign up for the Charter scheme which is the first of its kind in the UK

South coast city councillors greenlight 'Airbnb' offensive

South coast city councillors greenlight 'Airbnb' offensive

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News
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Brighton & Hove Council has given the go-ahead for a crackdown on short lets in a bid to reclaim homes.

'Let only' agent wins appeal against licensing fine

'Let only' agent wins appeal against licensing fine

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News
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A letting agent who was fined for letting a room in an unlicensed HMO has won his appeal.

Landlords' relief at new rent in advance rule

Landlords' relief at new rent in advance rule

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News
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Landlords with existing tenancy agreements which have rent payable in advance can continue collecting it until the tenancy ends.

Tenants' dismay at likely rental reform delay

Tenants' dismay at likely rental reform delay

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News
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The Renters’ Rights Bill is being held up and isn’t expected to become law until at least the autumn, according to reports.

EPC rules will force scores of tenants to move out

EPC rules will force scores of tenants to move out

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News
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Nearly a quarter of tenants face being moved out of their homes when landlords start energy efficiency improvements.

Landlords 'betrayed' by government U-turn over pets

Landlords 'betrayed' by government U-turn over pets

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News
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Landlords will need to foot the bill for damage caused by pets under a last-minute amendment to the Renters’ Rights Bill.

Taxing Landlords more – homes for first-time buyers, or higher rents for tenants?

Taxing Landlords more – homes for first-time buyers, or higher rents for tenants?

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News
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The long-standing argument that buy-to-let landlords steal homes from first-time buyers runs on

Landlords face chaos amid rise in 'stopover tenants'

Landlords face chaos amid rise in 'stopover tenants'

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News
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Rental reforms are fuelling relocation-style, short-term renting, causing landlords sudden void periods and unexpected costs.

Property Redress proud to headline sponsor Rumble with the Agents, Newcastle

Property Redress proud to headline sponsor Rumble with the Agents, Newcastle

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Property Redress is proud to sponsor Rumble with the Agents in Newcastle – a thrilling charity boxing night for the property industry!

Landlord slams council for 'making mockery' out of licensing

Landlord slams council for 'making mockery' out of licensing

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News
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Mick Roberts has accused Nottingham Council of double standards after it dropped a licensing condition.

Landlord of dangerous HMO forced to pay tenants £24K in rent

Landlord of dangerous HMO forced to pay tenants £24K in rent

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News
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A landlord continued to rent out her unlicensed and unsafe HMO where one tenant was electrocuted, a tribunal has heard.

Do you? Most auction properties now bought on the internet

Do you? Most auction properties now bought on the internet

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News
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The vast majority of property investors now buy properties at digital auctions not in-room events.

Big Northern council calls for national changes to HMO planning rules

Big Northern council calls for national changes to HMO planning rules

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News
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Sefton Council is on a mission to make it more difficult for landlords to convert houses into HMOs across the borough.

MPs should be banned from being landlords, says rebel parliamentarian

MPs should be banned from being landlords, says rebel parliamentarian

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News
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Rebel Labour MP Zarah Sultana has called for fellow parliamentarians to be banned from being landlords.

Number of landlords letting properties plummets

Number of landlords letting properties plummets

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News
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Landlord instructions saw the steepest fall since April 2020 last month, forcing tenants to chase fewer rentals with rising rents.

'Taxing landlords harder has helped 1.1m first time buyers onto property ladder'

'Taxing landlords harder has helped 1.1m first time buyers onto property ladder'

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News
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Recent tax hikes on landlords have been good for the housing market by persuading more BTL investors to sell up.

Grainger’s REIT conversion – what landlords need to know

Grainger’s REIT conversion – what landlords need to know

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News
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Grainger PLC is the UK’s biggest listed residential landlord - it has just converted into a Real Estate Investment Trust (REIT)

WARNING: Rent increases will soon have to be done officially, not informally

WARNING: Rent increases will soon have to be done officially, not informally

Information
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Landlords have been urged not to fall foul of looming rent rise legislation by updating their records and processes.

Landlords are 'the solution, not the problem' says leading Tory

Landlords are 'the solution, not the problem' says leading Tory

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News
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Scots Conservative Thomas Heald bangs the drum for the private rented sector and rejects rent controls as solution to high rents.

A tax too far? Why landlords are being pushed to the brink

A tax too far? Why landlords are being pushed to the brink

Opinion
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Landlords face rising taxes, regulations, and costs - prompting many to sell up. Is government policy pushing small landlords out of the

When will the Renters' Rights Bill become law?

When will the Renters' Rights Bill become law?

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News
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We explore what happens next to the Renters’ Rights’ Bill following Monday's debate in parliament.

£955 licensing scheme goes ahead after landlord court failure

£955 licensing scheme goes ahead after landlord court failure

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News
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A heavily contested selective licensing scheme is to go ahead in Scunthorpe after landlords lost their High Court battle to stop it.

Repeat rogue landlord faces renting ban

Repeat rogue landlord faces renting ban

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News
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Tariq Mahmood Khan faces the ultimate sanction after being convicted for failing to comply with a prohibition order - again.

Landlords to house 'million more pets' when reforms go live

Landlords to house 'million more pets' when reforms go live

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News
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More than one million extra renters might get a pet when the Renters’ Rights Bill takes effect, according to new research.

Institutional shake-up: how the PRS REIT sale impacts UK landlords

Institutional shake-up: how the PRS REIT sale impacts UK landlords

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News
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PRS REIT enters £631.6M sale, highlighting growing institutional interest and potential shifts in the UK rental market.

Renters' Rights Bill to become law without major changes, says minister

Renters' Rights Bill to become law without major changes, says minister

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Renters' Rights Bill is to get Royal Assent very soon unmolested by any major amendments, last night's Parliamenatry debate revealed.

Another £1,000+ licensing scheme launches, this time in Essex

Another £1,000+ licensing scheme launches, this time in Essex

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Thurrock landlords will be hit by a pricey new HMO licensing scheme as number of new schemes this year hits record

New housing secretary 'no friend of landlords' speeches reveal

New housing secretary 'no friend of landlords' speeches reveal

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New housing secretary's critical views of landlords revealed by previous speeches and voting record in parliament.

Some landlords 'proud of their slum properties' claims politician

Some landlords 'proud of their slum properties' claims politician

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Southampton's former Lord Mayor has made controversial comments about some of city's landlords.

In the dying days of Section 21 – don’t get tripped up

In the dying days of Section 21 – don’t get tripped up

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With the impending implementation of the Renters’ Rights Act, Section 21 evictions are now on borrowed time

New housing secretary appointed following Rayner tax debacle

New housing secretary appointed following Rayner tax debacle

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Landlords have a new housing secretary after Steve Reed was confirmed in the role following the resignation of Angela Rayner.