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Landlords face losses amid soaring mortgage rates

Landlords face losses amid soaring mortgage rates

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Almost 250,000 BTL landlords face refinancing losses as borrowing rates near 7%, says Daily Telegraph.

Renting reform bill progress unlikely until much later this year, admits minister

Renting reform bill progress unlikely until much later this year, admits minister

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The Governments Renters Reform Bill is unlikely to make progress through parliament until much later this year, housing minister Rachel Maclean has admitted. Maclean was unable to confirm when the bill would get a second reading during a Q&A with MPs from the Levelling Up

Labour WARNED over claim that 'most renters live in homes owned via mortgages'

Labour WARNED over claim that 'most renters live in homes owned via mortgages'

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A team of independent fact checkers and campaigners has debunked Labours claims that most renters live in homes bought with a buy-to-let mortgage. Deputy leader Angela Rayner made the assertion last week, but charity Full Fact says the claim is technically incorrect, as it ho

Horrendous overcrowding at dilapidated HMO leads to £17,000 fine for landlord

Horrendous overcrowding at dilapidated HMO leads to £17,000 fine for landlord

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A letting agency-owning landlord has been fined more than £17,000 for renting out one small room in an HMO to a family of five. Ruhul Shamsuddin and his company Lordsons Estates were found guilty of 23 housing offences relating to a

Bank of England warns landlords face 'impossible position' as rates rise

Bank of England warns landlords face 'impossible position' as rates rise

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The Bank of England has warned that landlords with mortgages are under increasing strain from higher interest payments and other structural factors, all of which are likely to put pressure on their incomes�. The commentary is within the banks latest https:

Landlord mortgage arrears outstrip home owners' as costs squeeze profitability

Landlord mortgage arrears outstrip home owners' as costs squeeze profitability

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Landlords arrears are growing at a faster rate than homeowners, according to new research that suggests fewer investors are being shielded from economic headwinds. https://www.octanecapital.co.uk/" Octane Capital found that buy-to-let arrears of more tha

Kerching! Five tenants pocket �29,000 after landlord fails to licence HMO

Kerching! Five tenants pocket �29,000 after landlord fails to licence HMO

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Five tenants have shared a whopping �29,000 Rent Repayment Order after their landlord failed to licence its HMO. East London-based https://www.facebook.com/weletroomsuk/" We Let Rooms Ltd did not defend itself at a First Tier Property T

Demand for student housing soars as landlords exit sector

Demand for student housing soars as landlords exit sector

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Corporate student housing giant expands as private HMO landlords exit, amid growing demand for purpose-built student accommodation (PBSA).

Beadle slams claim that landlords will 'game new eviction rules'

Beadle slams claim that landlords will 'game new eviction rules'

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Landlord leader Ben Beadle has given Shelter a run for its money during a parliamentary committee evidence session on the Renters (Reform) Bill. Beadle, who is chief executive of the National Residential Landlords Association, wondered out loud during the meeting whether campaig

ANALYSIS: How it's a taxing time for landlords...

ANALYSIS: How it's a taxing time for landlords...

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Changes in tax rules for buy-to-let landlords have definitely made the business of letting property more challenging, particularly with those who have taken on big mortgages to buy their rental properties. The removal of mortgage interest relief (Section 24 of the Finance Act) a

'This is why landlords must approach guaranteed rent schemes with caution'

'This is why landlords must approach guaranteed rent schemes with caution'

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An Essex landlord has learned the hard way that unpicking rent-to-rent or guaranteed rent agreements can be a lot more difficult than many might believe. In a case handled by the Resolution Department Lead Suzy Hershman (main picture) and her team at

Agency boss to pay £8,000 after terrifying tenant tactics

Agency boss to pay £8,000 after terrifying tenant tactics

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London letting agent fined £8,000 for misleading tenants and using intimidation tactics; company dissolved.

Landlords write open letter calling out Government's 'attack on property sector'

Landlords write open letter calling out Government's 'attack on property sector'

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Jerseys private landlords have urged lawmakers to rethink radical plans to shake up the sector which they fear will exacerbate the housing crisis. The Jersey Landlords Association (https://www.jla.je/" JLA ) has

'Give tenants some of your equity gains when you sell' says Big Issue founder

'Give tenants some of your equity gains when you sell' says Big Issue founder

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Landlords should give renters some of their equity gains when they sell up to stop the giant tenant rip-off, according to https://www.bigissue.com/ The Big Issue boss John Bird (main picture). Bird b

Agents say rent cap has 'forced more landlords to quit and pushed up rents'

Agents say rent cap has 'forced more landlords to quit and pushed up rents'

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One hundred percent of letting agencies in Scotland say they have seen more landlords exiting the market since the countrys government brought in and then recently-extended a rent rise cap and evictions ban. Agents canvassed by trade organisation Propertymark also reported an

'Landlords to be exempted from council tax premium on empty homes'

'Landlords to be exempted from council tax premium on empty homes'

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A consultation has opened into proposals not to charge landlords who are preparing a property to let or waiting to find a tenant the empty homes a council tax premium. The government wants to strengthen the existing long-term empty homes premium by applying this to properties th

UK house prices falling, mortgage rates rising but some landlords still buying

UK house prices falling, mortgage rates rising but some landlords still buying

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UK house prices fell by 3.1pc on an annualised basis in the first quarter (Q1) of 2023 and an increase in interest rates have a dampening effect on the market. Inflationary pressures With inflation currently running at 8.7pc (CPI), this is well above the Bank of Engl

Plans to make Airbnb landlords reach same standards as hotels criticised

Plans to make Airbnb landlords reach same standards as hotels criticised

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Statutory licensing scheme plans for visitor accommodation in Wales have got the thumbs down from many holiday home owners, short-lets landlords and residents. The proposals, which will see all holiday homes, https://www.landlordzone.co.uk/tag/airbnb-landlords/" target=

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Mortgage rates 'on their way down' claim experts

Mortgage rates 'on their way down' claim experts

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There is a growing consensus that mortgage interest rates will soon be heading south as house sales show signs of gaining momentum.

Landlord accused of barring gay renters from viewings

Landlord accused of barring gay renters from viewings

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A would-be student tenant has accused a landlord of making homophobic rules before agreeing to a house viewing.

Newspaper claims rebel Tory MPs 'funded by landlords'

Newspaper claims rebel Tory MPs 'funded by landlords'

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Rebel Tory MPs who lobbied for amendments to the Renters (Reform) Bill have received £450,000 in donations and earnings linked to landlords since the last general election, according to an investigation by the i newspaper.

Midlands landlords warned over licencing fees cliff-face

Midlands landlords warned over licencing fees cliff-face

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Landlords in a big Midlands city have been warned that they must apply for a licence for their properties by April 9th or face an additional £200 hike in the £1,090 cost of each three-year licence.

COMMENT: New book argues 'the end of landlords' would solve the housing crisis

COMMENT: New book argues 'the end of landlords' would solve the housing crisis

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Here Tom Entwistle digests some of this argument and makes a few comments of his own - join in the argument

LATEST: Housing minister changes mind on renting reforms - in landlords' favour

LATEST: Housing minister changes mind on renting reforms - in landlords' favour

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The Government has been moved to reassure Tory MPs that its Renters (Reform) Bill will not damage the private rented sector following the leaking of a letter by housing minister Jacob Young.

Prince William signs up landlords across UK to tackle homelessness

Prince William signs up landlords across UK to tackle homelessness

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The Prince of Wales is working with private landlords to help prevent and reduce homelessness in the UK, it has been revealed.

Bill to make evictions harder and limit rent rises 'wrong' say landlords

Bill to make evictions harder and limit rent rises 'wrong' say landlords

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The Scottish coalition Government has finally revealed its plans for the private rented sector including permanent rent controls, new rights to keep pets, decorate rented homes and stronger protection against eviction.

Landlord tells tenants: 'no old people, no overnight visitors, no drinking'

Landlord tells tenants: 'no old people, no overnight visitors, no drinking'

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A man has been dubbed “the world’s strictest landlord” for telling would-be tenants that they can’t have anyone staying the night have a drink.

LATEST: Greens say 'immediate' rent freeze is only answer to housing crisis

LATEST: Greens say 'immediate' rent freeze is only answer to housing crisis

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Landlords wanting to back the eco movement may want to pause for thought after the Green Party today vowed to bring in an immediate rent freeze and no-fault eviction ban to tackle the housing crisis. During an election campaign visit to Suffolk, party co-leaders Carla Denyer and

Landlord jailed after ignoring court order to improve rat-infested property

Landlord jailed after ignoring court order to improve rat-infested property

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A rogue landlord has been jailed for 10 months after he failed to comply with conditions set by a court concerning his rat-infested property. Martin Ambler admitted four counts of breaching a criminal behaviour order in May 2022 but sentencing was deferred so that he could instr

Have you been hit by the 'cost of landlording' crisis? Here's some help

Have you been hit by the 'cost of landlording' crisis? Here's some help

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There is a lot of talk at the moment about how rents are up by 11% across the UK and although I know its tough on renters, landlord costs have, in many cases, doubled. This includes mortgage premium payments following interest rates rises from 0.5% to 4% in just 12 months, an

Tory think-tank and Shelter push for three-year tenancies for PRS

Tory think-tank and Shelter push for three-year tenancies for PRS

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The government should introduce three-year tenancies to protect tenants from uncertainty and rising rents, according to a liberal conservative think tank report. The Bright Blue group has teamed up with Shelter to publish, <strong id

NEW: Coalition slams Scots Government over rent cap and evictions freeze

NEW: Coalition slams Scots Government over rent cap and evictions freeze

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Landlords have heavily criticised the Scottish governments decision to implement its evictions freeze and rent cap without a proper consultation. The measures, which were widely criticised earlier this year for being rushed through, are now being fought by a coalition of orga

Mortgage provider sets up £50 million fund to help landlords upgrade EPCs

Mortgage provider sets up £50 million fund to help landlords upgrade EPCs

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A BTL mortgage provider has pledged to invest £50 million in a fund to help landlords enhance their property's energy efficiency.

'Letting agents must help landlords navigate looming renting reforms'

'Letting agents must help landlords navigate looming renting reforms'

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Evictions expert Paul Shamplina warns landlords and letting agents of increased responsibilities under the Renters Reform Act.

Long‑term Airbnb lets treated like ASTs, rules judge

Long‑term Airbnb lets treated like ASTs, rules judge

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Airbnb landlord Talha Abbasi faces £102,000 court bill after judge classifies long-term let as assured shorthold tenancy, granting tenant protections.

Labour MP tells TV show that Section 21 evictions wrong in all circumstances

Labour MP tells TV show that Section 21 evictions wrong in all circumstances

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Labour MP Diane Abbott has told TV viewers that bad landlords are those who use Section 21 to evict their tenants, whatever the reason. Despite there being genuine reasons for using the notice, such as non-paying tenants or anti-social behaviour, the London MP appeared on <a hre

DEPOSITS: Five weeks' rent 'not enough in many rent arrears and damage cases'

DEPOSITS: Five weeks' rent 'not enough in many rent arrears and damage cases'

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New research reveals that deposits of five weeks rent dont provide landlords with enough protection in more than 10% of cases. Alternative deposit firm Reposit studied 20,000 tenancy agreements dating back to 2016 and found that landlords needed to r

BREAKING: 'London landlord and agent fines on track to hit record high this year'

BREAKING: 'London landlord and agent fines on track to hit record high this year'

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This year London is on track to see the highest level of fines levied against rogue landlords and letting agents, it has been revealed as more and more councils begin operating licencing schemes. Geospatial compliance platform Kamma says it expects to see a 50% increase in enfor

TAX: New rates rules for holiday rental properties go live

TAX: New rates rules for holiday rental properties go live

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New rules on holiday lets in England and Wales have taken effect which could force many owners to pay council tax instead of business rates. Self-catering properties in England must now be available for letting commercially for short periods of 140 nights

'Sickened' landlord slams Scots eviction ban after tenants trash home

'Sickened' landlord slams Scots eviction ban after tenants trash home

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A landlord has warned others to make more regular checks on their rental properties after falling foul of Scotlands ongoing https://www.landlordzone.co.uk/news/vote-rent-rises-in-scotland-to-be-capped-at-3-until-october-msps-agree/" target="_blank" eviction b

UK rents hit record high amid soaring tenant demand

UK rents hit record high amid soaring tenant demand

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Record high rental demand sends average UK rent to £993 pcm (ex‑London) and £1,184 pcm including London, HomeLet reveals. Sources

LATEST: Ministers consider forcing landlords to rent out empty shops

LATEST: Ministers consider forcing landlords to rent out empty shops

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Landlords are being asked for their views on plans to forcibly rent out persistently vacant commercial properties to new tenants in a bid to rejuvenate high streets.&nbsp; High Street Rental Auctions - a new power for local authorities in England - is part

Landlord faces jail if he abuses tenant - his MOTHER - again!

Landlord faces jail if he abuses tenant - his MOTHER - again!

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The landlord of a retirement flat faces jail if he contravenes a court order not to visit the property or engage in abusive, insulting and intimidating behaviour likely to cause harassment, alarm or distress�. During a hearing at Sheffield Crown Court, Judge Sadiq told land

Northern Ireland unveils radical affordable PRS scheme for landlords

Northern Ireland unveils radical affordable PRS scheme for landlords

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Northern Ireland has unveiled a radical new type of private rented housing that aims to provide more high quality, affordable homes in the region. Intermediate rent is not social housing but will offer rents set at a level below the open private rented market, while renters will

Lenders blame LHA freeze as landlords fall into arrears

Lenders blame LHA freeze as landlords fall into arrears

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UK Finance links LHA freeze to rising landlord mortgage arrears, urging policy review to prevent further financial strain on landlords.

Comment: will landlords really evict anti-social tenants in two weeks?

Comment: will landlords really evict anti-social tenants in two weeks?

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Renters at risk under plans to let landlords evict tenants with two weeks notice,� says one headline. Yes, it kind of implies that tenants will be summarily evicted, I thought so when I first read it. As the recent press reports would have us believe, but this is not going

Ringleaders of shocking illegal HMO property gang fined �434,000

Ringleaders of shocking illegal HMO property gang fined �434,000

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The activities of a huge HMO renting scam gang has been uncovered following a four-year investigation, with the five key individuals and three companies involved fined a total of �434,000. Following an investigation by West Northamptonshire Councils Private Sector Housing Te

'Revenge evictions' following tenant repair requests still common, says Shelter

'Revenge evictions' following tenant repair requests still common, says Shelter

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Private renters who complained to their landlord, letting agent or local council in the last three years were two and a half times (159%) more likely to be handed an eviction notice than those who kept quiet. New research from Shelter compiled by YouGov using online survey r

Landlord and her letting agency to pay HUGE fine over illegal HMO

Landlord and her letting agency to pay HUGE fine over illegal HMO

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A landlord and her letting agency have together been fined more than �45,000 for illegally running an HMO. Barking and Dagenham Councils private sector housing team first discovered that professional landlord Husna Patel had not applied for, or been gr

In-house inventory services offered by letting agencies 'lack transparency' - claim

In-house inventory services offered by letting agencies 'lack transparency' - claim

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Property firms using their own inventory services are undermining the sectors integrity, according to the Association of Independent Inventory Clerks. It wants the government to include measures in the Renters Reform Bill to guarantee more transparency

BLOG: Six tax changes affecting private landlords this year

BLOG: Six tax changes affecting private landlords this year

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The Government has made several changes to how income and profits are taxed in recent years and some of these will take effect from the new tax year on 6th April, with higher earners and those letting via a limited company most affected. Heres the six changes

Up to 25% of us don't have a passport and that's a problem for landlords, says ID firm

Up to 25% of us don't have a passport and that's a problem for landlords, says ID firm

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More than a quarter of people in some local communities dont have a passport, raising questions about their ability to pass Right to Rent checks. Research by digital identity firm, https://www.idcrypt.global/" target="_blank" ID Crypt Global, reveals that 1