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Inflation rate surprise to delay mortgage interest rate drop for landlords

Inflation rate surprise to delay mortgage interest rate drop for landlords

News

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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Green Party leader says landlords 'lining their pockets'

Green Party leader says landlords 'lining their pockets'

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The Green party has promised to introduce rent controls and force landlords to make energy efficient improvements.

Tenancy deposit disputes on the rise as cost of living crisis bites

Tenancy deposit disputes on the rise as cost of living crisis bites

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News
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Complaints involving disputed tenancy deposits have been rising after TDS, which operates three deposit schemes in the UK, recorded a 20% increase over the past 12 months.

UPDATED: Tenancy surrender and mitigating losses

UPDATED: Tenancy surrender and mitigating losses

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Commercial and Residential: Can a landlord insist his tenant pays rent until the end of the tenancy term when the tenant abandons the property

UPDATED: Lease agreements for commercial property explained

UPDATED: Lease agreements for commercial property explained

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Commercial Leases: When leasing a commercial property, its important to know where your responsibilities as a landlord

Millions awarded to 'safer renting' scheme for landlords, tenants and letting agents

Millions awarded to 'safer renting' scheme for landlords, tenants and letting agents

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News
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Councils in Suffolk are embarking on an unusually collaborative approach that’s set to improve the county’s PRS homes and is understood to be the first to go ahead with such a scheme.

Famous village votes to ban holiday lets and second homes‍

Famous village votes to ban holiday lets and second homes‍

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News
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Locals in a Norfolk seaside village have voted to ban people from buying second homes in a bid to help locals find affordable properties.

HMRC warns landlords over 'hybrid' tax avoidance scheme

HMRC warns landlords over 'hybrid' tax avoidance scheme

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News
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A tax avoidance scheme being marketed to private landlords ‘will not work’ and could lead those who take them paying more tax in the long run, HMRC has warned.

TOM'S GUIDE: Doing risk assessments

TOM'S GUIDE: Doing risk assessments

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A fire risk assessment is a mandatory requirement for HMOs and some commercial landlords

Landlords to see '6.5% rise in rental income this year'

Landlords to see '6.5% rise in rental income this year'

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Rental prices will continue to increase during the next three months, predicts agent Knight Frank which has revised its growth forecasts for 2023 to 6.5%, with a further 5% expected in 2024.

London rental market now 'full of opportunity for landlords'

London rental market now 'full of opportunity for landlords'

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News
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London’s rental sector is full of opportunity for both landlords and tenants, says Foxtons, which reports an explosion in tenancy applications.

Former letting agent turned 'fake landlord' jailed for £200k fraud

Former letting agent turned 'fake landlord' jailed for £200k fraud

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News
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A former estate agent who posed as a landlord to con would-be tenants out of more than £200,000 has been jailed.

Big London borough to launch double landlord licensing push

Big London borough to launch double landlord licensing push

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News
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Hackney plans to launch selective licensing in 17 of its 21 wards as well as a borough-wide additional licensing scheme.

EPCs: Landlords seeking five-year BTL loans 'could be turned down'

EPCs: Landlords seeking five-year BTL loans 'could be turned down'

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News
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Landlords currently seeking a five-year fixed rate BTL mortgage on a property with an EPC rating below band C could be turned down before net

Council admits selective licensing will 'push up rents'

Council admits selective licensing will 'push up rents'

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News
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Great Yarmouth council has revealed more details of its proposed selective licensing scheme for landlords.

'Give landlords back tax relief to ease housing crisis', urges Shamplina

'Give landlords back tax relief to ease housing crisis', urges Shamplina

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News
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Landlord Action founder also says landlords have been unfairly cast as villains in recent years.

Landlords urge new Minister to delay tax hike

Landlords urge new Minister to delay tax hike

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Scottish landlords have urged their government to pause Additional Dwelling Supplement (ADS) for landlords to help ease the 'housing crisis'.

Majority of landlords in city against council's HMO licensing plans

Majority of landlords in city against council's HMO licensing plans

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News
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Just 44% of landlords agree with Southampton Council’s plans to introduce additional licensing.

Bolton brings in harsher planning rules after HMO increase 'concerns'

Bolton brings in harsher planning rules after HMO increase 'concerns'

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News
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Bolton Council has agreed tough new rules to control HMO conversions – two years after first coming up with the idea.

LEGAL update: Consumer protection laws – what landlords need to know

LEGAL update: Consumer protection laws – what landlords need to know

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This Digital Markets, Competition and Consumers Act has important implications for private landlords when letting their properties

Will Renters' Right Bill make councils prosecute ALL bad landlords?

Will Renters' Right Bill make councils prosecute ALL bad landlords?

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News
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Lawyer David Smith looks at several clauses within the Act which appear to mandate local authorities to bring all errant landlords to book.

Landlords warn Government over EPC upgrade proposals

Landlords warn Government over EPC upgrade proposals

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News
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New EPC rules in Scotland will worsen the housing crisis and force people to spend longer in emergency homeless accommodation

Demand for green rented homes soaring, say big landlords

Demand for green rented homes soaring, say big landlords

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News
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Big landlords believe tenants are willing to pay more for green features amid a growing recognition that sustainability sells.

Shocking rogue landlord given suspended prison sentence

Shocking rogue landlord given suspended prison sentence

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News
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Shocking behaviour by a landlord has prompted withering comments from a judge and a huge fine.

LATEST: Renters' Rights Bill races towards completion in parliament

LATEST: Renters' Rights Bill races towards completion in parliament

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News
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The next stage of the Renters’ Rights Bill has been scheduled for 1st July, raising the prospect that it could become law before parliamentary summer recess.

Lloyds 'the landlord' signs another megadeal to build more rented homes

Lloyds 'the landlord' signs another megadeal to build more rented homes

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News
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Lloyds has taken the next step towards becoming one of the UK’s biggest private landlords.

Rents 'spiralling' as landlords head for exit, says RICS

Rents 'spiralling' as landlords head for exit, says RICS

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News
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The relentless decline in the volume of new landlord listings shows no signs of abating.

Scottish leader reveals new housing secretary after McLennan steps down

Scottish leader reveals new housing secretary after McLennan steps down

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News
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Scottish landlords and agents have a new housing secretary to deal with after incumbent Paul McLennan

Battle of words over 'disgusting' comments during landlord conference

Battle of words over 'disgusting' comments during landlord conference

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News
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The Eastern Landlords Association has condemned comments labelled “unprofessional and disgusting” recorded its annual conference.

Chancellor reveals £39 billion to build more affordable homes to rent

Chancellor reveals £39 billion to build more affordable homes to rent

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News
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Pressure on landlords to provide homes for those who would normally rent within the affordable and social housing sectors will lift soon following today’s Spending Review.

Irish government rows back on failed rent controls

Irish government rows back on failed rent controls

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News
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The Irish government has rowed back on its rent control rules in a bid to bring down rents and boost supply.

Landlord to pay £20,000 after converting house illegally

Landlord to pay £20,000 after converting house illegally

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News
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A Dagenham landlord has been fined more than £20,000 after repeatedly ignoring a planning enforcement notice.

Weaker tenant demand cools off rental market, says Zoopla

Weaker tenant demand cools off rental market, says Zoopla

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News
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Weaker demand and growing affordability pressures have pushed rental growth to a four-year low.

'Fixed term contracts will soon be illegal - are you ready?'

'Fixed term contracts will soon be illegal - are you ready?'

Opinion
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Landlords are facing one of the private rented sector biggest changes in years when it ends fixed-term tenancy agreements.

Rogue estate agents pay heavy price for ignoring redress scheme

Rogue estate agents pay heavy price for ignoring redress scheme

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News
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Nearly 50 estate agencies were expelled from the Property Redress scheme during a six month period last year, the organisation has revealed