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MPs want landlords to sort out mouldy PRS homes

MPs want landlords to sort out mouldy PRS homes

News

A cross-party group of MPs says a crackdown on social landlords to tackle damp and mould should be extended to tenants in the private rented sector.

Mortgage broker's new look marks its evolution

Mortgage broker's new look marks its evolution

News

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

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

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

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

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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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

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.

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LATEST: Rental homes stock plummets by 35% to four-year low

LATEST: Rental homes stock plummets by 35% to four-year low

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The number of available private rental homes has dropped by more than a third since 2019 to a 14-year low. Only 241,000 PRS homes were available last month compared with 370,000 in June 2019, a fall of 35%, according to consultancy TwentyCi which analysed

Landlord couple fined thousands after ignoring property repair notices

Landlord couple fined thousands after ignoring property repair notices

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A landlord couple have paid a heavy price for ignoring their tenant's request to fix a boiler after being fined �3,500. David and Emily Griffiths, of Tickhill Road, Harworth (pictured), Nottinghamshire left the tenant with no hot water or heating for three weeks. D

How eviction changes in Renters’ Rights Bill affect landlords

How eviction changes in Renters’ Rights Bill affect landlords

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Landlord Action's Paul Sowerbutts discusses the impact of abolishing Section 21 and upcoming eviction reforms on landlords and tenants.

Likely cost of EPC upgrades for rental properties revealed by Government

Likely cost of EPC upgrades for rental properties revealed by Government

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News
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Energy efficiency improvement costs for most private rental homes work out at between �5,000 and �9,999 (46%), while almost a third (30%) could be improved for under �5,000, according to the latest government analysis. At the other end of the scale, 19% of homes would cost be

Higher mortgage rates driving more landlords to request rent guarantors

Higher mortgage rates driving more landlords to request rent guarantors

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Landlords hit by mortgage rate hikes are demanding guarantors from increasing numbers of high earning tenants. Many tenants are seeing a greater proportion of their take-home pay go towards rent so are having to provide the additional security of a guarantor when signing new agr

Influential Labour group says tougher eviction rules needed to tackle poverty

Influential Labour group says tougher eviction rules needed to tackle poverty

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News
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Landlords should be prevented from serving an eviction notice for at least the first year of a tenancy, in the case of repossession for selling or occupying the property, according to a new report from the Fabian Society. The independent left-leaning

Rents soar as agents report rising tenant demand but landlord slump

Rents soar as agents report rising tenant demand but landlord slump

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The Governments housing policies are coming home to roost as tenant demand continues to soar but the number of landlords advertising new properties to rent plummets, it has been revealed. RICS says that during June it found significantly more members (a net balance increase o

NEW: Big London borough brings in tighter HMO conversion rules for landlords

NEW: Big London borough brings in tighter HMO conversion rules for landlords

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Landlords in one of London's biggest boroughs now need planning permission to convert family homes into HMOs for three to six tenants. After a year-long pilot and consultation with residents, the London Borough of Hounslow (main picture) has made its borough-wide A

Mortgage woes spark surge in landlords selling portfolios

Mortgage woes spark surge in landlords selling portfolios

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Mortgage troubles spark surge in portfolio landlords selling up—explore what’s driving the exodus and what it means for the rental sector.

Third of tenants turning to credit to fund tenancy deposits - claim

Third of tenants turning to credit to fund tenancy deposits - claim

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A tenancy deposit affordacility crisis is looming as new data reveals that nearly a third of renters are borrowing money to pay for them, new research shows. The poll of 1,000 tenants reveals how they are using credit cards, personal loans, overdrafts and family loans to scrape

Tech firm gets public cash to help portfolio landlords improve energy efficiency

Tech firm gets public cash to help portfolio landlords improve energy efficiency

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News
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Proptech company Propflo is working with BTL mortgage lenders to help portfolio landlords make their properties more energy efficient. It has been given a grant by Innovate UK to encourage lenders to explore initiatives such as encouraging retrofitting in their products, creatin

NEW: Government promises crack-down on dodgy rent-to-rent operators

NEW: Government promises crack-down on dodgy rent-to-rent operators

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News
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The government has vowed to crack down on dodgy rent-to-rent landlords who flout housing laws. Housing Minister Baroness Scott of Bybrook (pictured) says it is aware of concerns that some rent-to-rent arrangements have sometimes been used to make it more difficult to identify la

Average rent now 25% higher than before Covid says leading agency

Average rent now 25% higher than before Covid says leading agency

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Rents on newly-let homes have increased by 25% across the UK since the start of Covid, costing the average tenant an extra �2,962 each year. Hamptons reports that rents rose 11% year-on-year, with April marking the second strongest month for rental growth on record.&nbsp; <p

Signs of a turnaround in the UK construction industry...

Signs of a turnaround in the UK construction industry...

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Construction activity is continuing to grow in the UK. Thats according to the April S&amp;P Global / CIPS UK Construction Purchasing Managers Index� (PMI), as reported by PCBToday, a Construction, Planning and Building Control portal. Construction companies in the UK the

Renting reforms will be a damp squib and we 'need a proper reset', say experts

Renting reforms will be a damp squib and we 'need a proper reset', say experts

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Leading property sector figure Kate Faulkner (pictured) has called for a reset of the private rented sector, away from ineffective rules and regulations. <figure id="" class="w-richtext-figure-type- " data-rt-type="" data-rt-align=""><div><img src="https://cdn.prod.website-files.com/63bef2f

NEW: Number of landlords planning to sell up hits RECORD high, new poll finds

NEW: Number of landlords planning to sell up hits RECORD high, new poll finds

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The number of landlords planning to sell their rented properties has reached its highest level ever, according to new research. BVA-BDRC, commissioned by the NRLA, found that during the first three months of this year a third of 700 private landlords in England and Wales that it

Major portal launches national 'rent passport' initiative for tenants and agents

Major portal launches national 'rent passport' initiative for tenants and agents

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News
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One of the UKs big property portals has launched an initiative to enable renters to become rent ready as they hunt for homes. OnTheMarket.com, which is a competitor with Rightmove and Zoopla, has now fully integrated Canopys RentPassport service into its platform.</p

Hit or miss: how will the Renters’ Rights Bill land?

Hit or miss: how will the Renters’ Rights Bill land?

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News
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Will the long-awaited Renters Reform Bill land—or fall flat? Explore landlord reactions and what the new measures could mean.

Plea to support landlords with rental reforms as record numbers plan exodus

Plea to support landlords with rental reforms as record numbers plan exodus

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News
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The https://www.landlordzone.co.uk/news/hold-up-for-renters-reform-bill-blamed-on-procedural-issues/" Renters Reform Bill will increase pressure on landlords and may force even more to quit the market, warns the Royal Institution of Chartered Surveyors (https://w

Interest rate rise set to hit mortgage payments and rental market

Interest rate rise set to hit mortgage payments and rental market

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The Bank of England has hiked https://www.landlordzone.co.uk/news/revealed-why-higher-interest-rates-are-making-it-trickier-for-btl-investors/" interest rates by 0.25 percentage points, pushing the base rate to 4.5% and raising fears that this could exacerbate rental pric

Gove shelves plans to scrap leaseholds after Number 10 row

Gove shelves plans to scrap leaseholds after Number 10 row

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Housing Secretary Michael Gove has dropped plans to abolish leaseholds in England and Wales after Downing Street officials argued there was not enough time to enact such major reforms. Despite describing it as an outdated feudal system� and pledging to get rid of h

Manchester rolls out next wave of selective licensing schemes

Manchester rolls out next wave of selective licensing schemes

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Five more https://www.landlordzone.co.uk/news/latest-big-city-to-go-live-with-controversial-selective-licensing-plan/" selective licensing schemes have opened in https://www.landlordzone.co.uk/news/new-devolution-deal-gives-manchester-more-rogue-landlord-powers/"

Housing charity blasts misleading rent-to-rent claims

Housing charity blasts misleading rent-to-rent claims

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https://www.shelter.org.uk/" Shelter has strenuously denied that it is involved in any https://www.landlordzone.co.uk/news/rent-to-rent-craze-adding-to-uks-renting-crisis/" rent-to-rent schemes after it was claimed that the charity was either acting as

Hold-up for Renters' Reform Bill blamed on 'procedural issues'

Hold-up for Renters' Reform Bill blamed on 'procedural issues'

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Government delays Renters Reform Bill due to procedural issues, raising concerns over potential dilution of tenant protections.

The best service for landlords who need to sell their property

The best service for landlords who need to sell their property

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If you're a landlord who needs to sell their properties and is struggling, keep reading, because we have the best solution for you. No catch, no fuss, we simply know exactly what to do to help you. <figure id="" class="w-richtext-figure-type- " data-rt-type="" data-rt-align=""><div><img

No deposit needed for home-buying renters with good track record

No deposit needed for home-buying renters with good track record

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https://www.skipton.co.uk/" Skipton has launched a new mortgage specifically for renters who can now buy a house without needing a deposit. Tenants who can evidence affordability and have a strong track record of rental payments can borrow up to 100% of a prop

Landlords rush to offload their energy-poor properties

Landlords rush to offload their energy-poor properties

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Thousands of private landlords have started selling their properties ahead of government changes to Energy Performance Certificate (EPC) regulations. More than 65,000 rental properties went up for sale in the first three months of the year, 36,460 of which had an EPC rating of

Education job needed for tenants to make link between cold and mould

Education job needed for tenants to make link between cold and mould

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Public information campaigns are needed to raise awareness of the consequences of not turning the heating on as often in rented properties, says the NRLA. When quizzing 2,000 tenants in England and Wales about the impact rising utility bills have had on their household budget, t

Paragon Bank reports highest ever tenant demand

Paragon Bank reports highest ever tenant demand

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A survey of almost 700 landlords, carried out by BVA BDRC for Paragon, reveals that that 67% of landlord respondents had experienced higher than usual tenant demand during the first three months of this year. This, according to Paragon, represents a new all-time high and up from 65% reco

Most UK office landlords have no sustainability strategy

Most UK office landlords have no sustainability strategy

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According to the findings of recent research commissioned by infinitSpace, in partnership with The Instant Group, the majority of UK office landlords have not made any concrete plans to improve the energy efficiency ratings of their buildings they do not have any form of sustainability

The Property Cast: How can landlords spot a bad letting agent?

The Property Cast: How can landlords spot a bad letting agent?

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In https://www.totallandlordinsurance.co.uk/knowledge-centre/propertymarks-perspective-on-lettings-the-property-cast-total-landlord-insurance?utm_source=landlordzone&utm_medium=article&utm_campaign=propertymark+podcast+may+2023" target="_blank" this episode of T

REVEALED: Why higher interest rates are making it trickier for BTL investors

REVEALED: Why higher interest rates are making it trickier for BTL investors

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Buy-to-let mortgage searches were down 23% in April compared to the previous month, while investors have been putting down larger deposits as high-interest rates bite. Research by https://www.twenty7tec.com/" target="_blank" Twenty7tec shows that average loan-

New report urges Government to stop describing private landlords as 'bad'

New report urges Government to stop describing private landlords as 'bad'

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Government policy should move away from thinking that social housing and home ownership are good while private landlords are bad if it is to solve the rental stock and rent costs crisis. That's the view of a new report from Cambridge University Land Society which says this mi

87 MPs are now landlords including Chancellor, research reveals

87 MPs are now landlords including Chancellor, research reveals

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Nearly one in five Conservative MPs are currently landlords, according to research by campaign group 38 Degrees, a surprising figure given the Government's anti-landlord stance in recent years. The study counted 87 MP landlords more than 13% of the Commons of whom 53 cla