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Shock survey of letting agents reveals smaller landlords quitting in droves

Shock survey of letting agents reveals smaller landlords quitting in droves

News

Letting agents have warned that the Renters’ Rights Bill could gut the private rental sector of one- and two-property landlords.

Landlords advertising HMO rooms 'far in advance of start date'

Landlords advertising HMO rooms 'far in advance of start date'

News

HMO landlords are increasingly advertising rooms to rent way in advance of tenants moving out, new research shows.

Demand spikes for freehold houses from first time buyers - Landlords cash in before the crash

Demand spikes for freehold houses from first time buyers - Landlords cash in before the crash

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Landlords are cashing out fast as demand from first-time buyers spikes. Freehold homes are hot—now’s the time to sell.

'Law gives too much protection to rogue tenants', says landlord of trashed property

'Law gives too much protection to rogue tenants', says landlord of trashed property

News

A fed-up landlord has slammed the legal system for unfairly favouring poorly-behaved tenants after a brutal eviction.

Big seaside town goes live with more HMO planning restrictions

Big seaside town goes live with more HMO planning restrictions

News

Landlords in Eastbourne now need to get planning permission for HMO conversions in parts of the town centre after councillors approved new rules.

Landlord faces £60,000 repair bill after cannabis farms discovery

Landlord faces £60,000 repair bill after cannabis farms discovery

News

Controversial landlord Fergus Wilson faces a £60,000 repair bill after three of his rental properties were turned into cannabis factories.

'Heavily vetting tenants before they move in will soon be essential, not optional'

'Heavily vetting tenants before they move in will soon be essential, not optional'

News

Landlords who fail to factor in inflation, interest rates, and pressure on household budgets when vetting tenants could end up with rent arrears.

Landlords told to 'get ready' for next April's Making Tax Digital switchover

Landlords told to 'get ready' for next April's Making Tax Digital switchover

News

Landlords have been warned by the Government to begin researching available software before tax returns begin to go digital next April.

UK's first 'tourist tax' goes live for Scots holiday lets landlords

UK's first 'tourist tax' goes live for Scots holiday lets landlords

News

Edinburgh’s landlords and letting agents have been urged to start preparing for the city’s 5% ‘tourist levy’.

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

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

News
News
Podcast
Opinion
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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
News
Podcast
Opinion
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Information

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
News
Podcast
Opinion
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Information

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
News
Podcast
Opinion
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Information

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
News
Podcast
Opinion
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Information

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

Big London borough to renew HMO licensing and raise fees

Big London borough to renew HMO licensing and raise fees

News
News
Podcast
Opinion
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Information

Camden Council wants to renew its additional licensing scheme with a potential £82 hike in fees.

NE town reveals plans to start selective licensing for landlords

NE town reveals plans to start selective licensing for landlords

News
News
Podcast
Opinion
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Landlords in Grimbsy are being asked for their views on a new selective licensing scheme for parts of the East Marsh ward.

NEW: Research reveals key reason for political action on 'unfair' PRS

NEW: Research reveals key reason for political action on 'unfair' PRS

News
News
Podcast
Opinion
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Information

Over two thirds of private renters in the UK believe it is ‘too easy’ for landlords to take advantage of tenants, much higher than the global average of 59%.

Uswitch has produced the latest ‘Mouldy Nation Report’

Uswitch has produced the latest ‘Mouldy Nation Report’

News
News
Podcast
Opinion
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The energy specialist, comparison website operator Uswitch, has released its latest “Mouldy Nation Report”

Mortgage broker's new look marks its evolution

Mortgage broker's new look marks its evolution

News
News
Podcast
Opinion
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Information

Buy-to-let intermediary Mortgages for Business is rebranding as Mortgage Finance Brokers (MFB) to reflect its more inclusive approach.

England & Wales must build 1 million more homes

England & Wales must build 1 million more homes

News
News
Podcast
Opinion
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Information

1 million extra homes will be needed in England and Wales to house singles and families – this is a continually growing market for the private rented sector.

NRLA backs MPs' pragmatic plans for Renters Reform Bill

NRLA backs MPs' pragmatic plans for Renters Reform Bill

News
News
Podcast
Opinion
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Information

Tory MPs have tabled a raft of amendments to the Renters Reform Bill to ensure it works for the whole private rented sector.

Surveyors call for government action to tackle PRS woes

Surveyors call for government action to tackle PRS woes

News
News
Podcast
Opinion
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Information

Property surveyors across the UK have reported a slowdown in tenant demand along with continued levels of diminishing stock.

Rogue letting agent used 'smokescreen' to conceal ownership

Rogue letting agent used 'smokescreen' to conceal ownership

News
News
Podcast
Opinion
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Information

Four tenants have lost their £309,000 claim for harassment but won a £21,160 rent repayment order for living in an unlicensed flat.

January sees a new surge of landlords selling their portfolios for higher prices than 2023

January sees a new surge of landlords selling their portfolios for higher prices than 2023

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News
Podcast
Opinion
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Information

There’s good news for landlords who have postponed selling their rental properties despite falling profits and new legislation making the private rental sector less appealing to most landlords.

Inflation rate surprise to delay mortgage interest rate drop for landlords

Inflation rate surprise to delay mortgage interest rate drop for landlords

News
News
Podcast
Opinion
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Information

Landlords could have to wait slightly longer for the pressure on mortgage rates to ease after the annual rate of inflation hit 4% last month.

Record rent rises revealed by latest official PRS data

Record rent rises revealed by latest official PRS data

News
News
Podcast
Opinion
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Information

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

News
News
Podcast
Opinion
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Information

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
Podcast
Opinion
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Information

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

News
News
Podcast
Opinion
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Information

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
Podcast
Opinion
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Information

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
Podcast
Opinion
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Information

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

News
News
Podcast
Opinion
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Information

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

News
News
Podcast
Opinion
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Information

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 

News
News
Podcast
Opinion
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Information

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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News
Podcast
Opinion
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Information

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
Podcast
Opinion
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Information

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
Podcast
Opinion
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Information

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

News
News
Podcast
Opinion
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Information

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

News
News
Podcast
Opinion
Sponsored
Information

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
Podcast
Opinion
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Information

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
Podcast
Opinion
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Information

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

News
News
Podcast
Opinion
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Information

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

News
News
Podcast
Opinion
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Information

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