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Gap between renting and home ownership cost narrows as mortgage payments rise

Gap between renting and home ownership cost narrows as mortgage payments rise

News

First time buyers remain better off owning than renting an equivalent home, Lloyds Bank says, but the gap is narrowing. Its latest Owning vs Renting Review reveals that owning a first home now costs �971 a month, four percent less than renting at �1,013.

BUDGET 2023: Hunt ignores pressing needs of landlords and tenants

BUDGET 2023: Hunt ignores pressing needs of landlords and tenants

News

The government failed to offer long-term support for energy efficiency improvements or increase the Local Housing Allowance in a Budget which instead focused on getting the country back to work. Chancellor Jeremy Hunt extended support for energy bills at current levels of �2,50

The latest lettings legislation for landlords - The Property Cast, Total Landlord Insurance

The latest lettings legislation for landlords - The Property Cast, Total Landlord Insurance

Podcast

In this in-depth private rented sector legislation special, Eddie and Paul are joined by David Smith, head of property litigation at JMW Solicitors. The discussion kicks off with the recent landmark Rakusen v Jepsen rent repayment order case, where David represented the NRLA and which, he e

Landlords are rushing to sell as tax bills and refurb costs rise above rent

Landlords are rushing to sell as tax bills and refurb costs rise above rent

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Youve made the decision to sell, and beat the market drop and increased costs. But where do you turn? Estate Agents can get you a high price, but theyll take far too long. Auctions can sell super-fast, but you might be compromising on price. <figure id="" class="w-richtext-figure-t

Awaab's Law 'must be extended to private rented sector', says Generation Rent

Awaab's Law 'must be extended to private rented sector', says Generation Rent

News

Generation Rent is calling on the government to extend Awaabs Law to the PRS after its survey found 1,106 private rented homes in England with dangerous levels of damp and mould. A Freedom of Information request by the campaign group found that the 65 councils which reported

'Something must be done about rogue rent-to-rent operators' says industry chief

'Something must be done about rogue rent-to-rent operators' says industry chief

News

Eddie Hooker, Chief Executive of insurance company the HFIS Group, has called for action to combat the murky end of the rent-to-rent market. Talking during an video interview with LandlordZONE , Hooker said action was needed to increase transparency w

Landlords warned over using unregulated solicitors to fill in eviction claim forms

Landlords warned over using unregulated solicitors to fill in eviction claim forms

News

A tenancy mediator has warned landlords that they or the experts they hire - risk being jailed for contempt of court by not using a regulated solicitor to fill in possession notice claim forms. PRS Mediations Julie Ford (pictured) says that under the L

First rental eviction prompted by tighter EPC rules takes place in Midlands

First rental eviction prompted by tighter EPC rules takes place in Midlands

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An 80-year-old disabled woman is being evicted from her home after more than 60 years because her property wont pass tighter new EPC rules, a case which is believed to be the first of its kind. Thoresby Estate which owns Anne Marshs property in Edwin

BUDGET: Charities call for LHA to be raised to relieve pressure on benefits tenants

BUDGET: Charities call for LHA to be raised to relieve pressure on benefits tenants

News

Increasing the Local Housing Allowance would be the quickest way for the government to improve access to affordable homes, say housing charities. According to analysis by the Institute for Fiscal Studies (IFS), in 37 local authorities, the gap between market rents for three-bedr

Property manager to pay �25,000 after failing to appeal 'horror electrics' fine

Property manager to pay �25,000 after failing to appeal 'horror electrics' fine

News

The director of a property management firm has been fined more than �25,000 after dangerous electrics were discovered at an HMO in Northampton. West Northamptonshire Council issued a warrant in May 2022 after tenants raised concerns about the property in Lutterwor

NE Landlords slam councils' blanket licencing plan as 'waste of time'

NE Landlords slam councils' blanket licencing plan as 'waste of time'

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Landlords in the North East have complained that a rubber stamped selective licencing scheme is a pure waste of time� and that they are fed up being taxed in this way�. The comments concern Middlesborough councils plans to extend its licencing scheme in the ce

BUDGET: What can landlords expect from the Chancellor this week?

BUDGET: What can landlords expect from the Chancellor this week?

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Landlords will be looking for more government support to make energy efficiency improvements while hoping for some tax burden relief in the upcoming Budget. With EPC deadlines looming, many want greater incentives to back up the https://www.gov.uk/apply-boiler-upgrade-s

BREAKING: Government to issue new 'How to Rent' guide on Friday

BREAKING: Government to issue new 'How to Rent' guide on Friday

News

A new How to Rent guide will come out on Friday (17th March) which landlords in England must serve at the start of any new tenancy or renewal. The new guide forms part of the prescribed information landlords must issue, and if they dont

VOTE: Scots rent rises to be capped at 3% until October, MSPs agree

VOTE: Scots rent rises to be capped at 3% until October, MSPs agree

News

Scottish MSPs have voted through a rent cap and extension of the eviction ban until 30th September. The rent cap for private sector tenancies will increase to 3% from 1st April under the amendment to the https://www.gov.scot/publications/cost-living-ten

NEW: Worcester latest to propose city-wide HMO licencing scheme

NEW: Worcester latest to propose city-wide HMO licencing scheme

News

All HMO landlords in Worcester will soon have to buy a licence if councillors back a new additional licensing scheme. The city has operated an additional scheme since September 2015 but amended it in 2020 to cover only the wards of Arboretum, Bedwardine, Cathedral and St Clement

Landlords LEFT OUT of new 'forbearance' guidance for mortgage holders

Landlords LEFT OUT of new 'forbearance' guidance for mortgage holders

News

Landlords have been left out of measures announced today designed to support mortgage holders during the cost of living crisis. The guidance, which has been issued by the Financial Conduct Authority (FCA) updating borrowers responsibilities to their existing mortgage holders,

FIRST rent repayment order against landlord issued following landmark case

FIRST rent repayment order against landlord issued following landmark case

News

A landlord who tried to claim that he was the superior landlord of an unlicensed HMO has failed in his bid to avoid paying a Rent Repayment Order. In the first RRO case since the landmark�

'Zero-rate VAT for property upgrades if you want to hit EPC targets' say big landlords

'Zero-rate VAT for property upgrades if you want to hit EPC targets' say big landlords

News

The British Property Federation (BPF) has called on the government to zero rate VAT on building repair and maintenance to incentivise essential upgrades across the residential sector or risk missing its 2050 net zero target. In the run-up to next weeks Budget, it says the

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LATEST: Renters' Reform Bill due next week after Coronation, says Gove

LATEST: Renters' Reform Bill due next week after Coronation, says Gove

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Renters Reform Bill due next week, says Gove — draft law arrives four years after discussion, just days after King’s Coronation.

COURT: Landlord jailed for 13 months after failures lead to tenant's death

COURT: Landlord jailed for 13 months after failures lead to tenant's death

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A rogue landlord whose failure to fit a smoke alarm contributed to his tenants death has been jailed for 13 months. Humraz Pinnu Shahid, 43, of Oakwood Lane, Leeds, spent years denying he owned the basement flat on Berkeley Grove (pictured) where Philip Sheridan

BLOG: Can 'guaranteed rent' attract more landlords and fix the social housing crisis?

BLOG: Can 'guaranteed rent' attract more landlords and fix the social housing crisis?

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As the largest accredited supplier of properties to local authorities in London and Essex, Leigh Young (pictured), Co-founder of the Elliot Leigh Guaranteed Rent Scheme, talks about how a shift in mindset could help some landlords navigate the current and future market challen

Propertymark on lettings: What agents and landlords need

Propertymark on lettings: What agents and landlords need

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Nathan Emerson of Propertymark discusses lettings reforms, agent standards, and landlord redress in The Property Cast with Sean Hooker.

Airbnb returns to its roots with 'Rooms' but will initiative silence critics?

Airbnb returns to its roots with 'Rooms' but will initiative silence critics?

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Airbnb is going back to its roots by launching Airbnb Rooms, an updated version of its original aim to let guests stay in a room within someone elses home. The platform explains that in the current cost-of-living crisis, and years of being isolated, visitors are looking for

Tax to double for Airbnb rental properties in Scots holiday hotspots

Tax to double for Airbnb rental properties in Scots holiday hotspots

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The Scottish Government has followed its https://www.landlordzone.co.uk/news/clamp-down-on-letting-second-homes-planned/" target="_blank" English counterpart and revealed plans to manage the number of second homes and holiday rentals more aggressively within the country

Renters still don't understand build-to-rent 'offer' says leading figure

Renters still don't understand build-to-rent 'offer' says leading figure

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A 'lack of understanding' about the build-to-rent (BTR) sector is preventing it from offering a speedy solution to the housing crisis, according to one trade association boss. https://ukaa.org.uk/" target="_blank" UK Apartment Association </a

OPINION: 'Rent-to-Rent craze adding to UK's renting crisis'

OPINION: 'Rent-to-Rent craze adding to UK's renting crisis'

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Rent-to-rent is a controversial property investment model now being promoted by many property investment trainers and online influencers. Simply put, it involves would-be property investor landlords (as well as some rogue property companies) renting off a legitimate property own

LATEST: Average rent hits highest EVER record of �1,199 a month

LATEST: Average rent hits highest EVER record of �1,199 a month

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The average monthly rent in the UK is now a record-breaking �1,199, according to HomeLet, which advises landlords to prepare for more tenants being unable to pay. Its rental index figures for April - using data on achieved rental values from 5,000 letting agents - show rental p

Landlords to gain two‑week eviction power for anti‑social tenants

Landlords to gain two‑week eviction power for anti‑social tenants

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Government's Anti-Social Behaviour Action Plan empowers landlords to evict unruly tenants in two weeks,enhancing eviction grounds and court processes.

How to Evaluate a Potential Real Estate Investment Opportunity

How to Evaluate a Potential Real Estate Investment Opportunity

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How to evaluate real estate investment opportunities with key metrics, risk checks, and ROI strategies for property success.

Child poverty activist revealed as new leader of Generation Rent

Child poverty activist revealed as new leader of Generation Rent

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Generation Rent has appointed charity boss Ben Twomey as its new director, replacing Baroness Alicia Kennedy. Twomey joins the campaigning group from his current role as director of policy and communications at the National Youth Advocacy Service and has p

BREAKING: Landlords 'to be given three more years' to reach EPC minimum

BREAKING: Landlords 'to be given three more years' to reach EPC minimum

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Ministers are considering a punitive scheme to fine landlords up to �30,000 if they fail to upgrade their properties to a minimum band C by an extended deadline of 2028 instead of the current 2025. The Department for Energy Security and Net Zero had previ

App that helps tenants fix their own leaks launches service for landlords

App that helps tenants fix their own leaks launches service for landlords

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National video maintenance platform Help me Fix is extending its reach to more self-managing private landlords with the launch of a new service. The software virtually connects tenants to tradespeople who can resolve simple maintenance issues remotely and for more complicated on

Southern Landlord Show to offer advice on tax, law, EPCs and mortgages

Southern Landlord Show to offer advice on tax, law, EPCs and mortgages

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Landlords in the South of England are being invited to attend a landlord show being held by one of the regions larger letting agencies. Charters, which is holding even at its large HQ in Southampton tomorrow, says the show will offer buy-to-let landlords advice on how to mana

Housing ministers contradict themselves over Renters Reform Act plans

Housing ministers contradict themselves over Renters Reform Act plans

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Housing ministers contradict on Renters Reform Bill timing after mixed signals from Rachel Maclean over publication date.

Big council sets housing policy based on 'shrinking landlord numbers'

Big council sets housing policy based on 'shrinking landlord numbers'

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Barnet Council has announced new housing strategies based partly on its experience of a shrinking private rented sector. The London boroughs new Housing, Homelessness and Rough Sleeping Strategy proposes increasing the supply of affordable housing for rent and

BBC Panorama blames councils AND landlords for Britain's housing crisis

BBC Panorama blames councils AND landlords for Britain's housing crisis

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A council and housing association attracted as much criticism as private landlords in a Panorama investigation on the topic, Whats gone wrong with our housing? Last nights BBC1 programme initially talked about greedy landlords cashing in� at the B

TV star agrees higher landlord taxes are shrinking supply within rental market

TV star agrees higher landlord taxes are shrinking supply within rental market

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Property expert and TV presenter Phil Spencer believes landlords are being disadvantaged by tax rules that have made the profession less attractive to investors. He says landlords are being forced out of the sector, leaving both them and renters in a vicious circle. Speaking at

PODCAST: Leading legal expert highlights latest law updates for landlords

PODCAST: Leading legal expert highlights latest law updates for landlords

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Hosts Eddie Hooker and Paul Shamplina of the HFIS group are joined by David Smith , Head of Property Litigation at JMW Solicitors , legal advisor to the NRLA and a regular face in national media trusted for advising the private rented sector. <

OFFICIAL: Half of PRS properties tracked by ONS saw rent rises last year

OFFICIAL: Half of PRS properties tracked by ONS saw rent rises last year

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More than half the privately rented properties in England saw a rent rise in the last year, according to new figures from the Office for National Statistics. It reports that 50.6% of properties in England experienced a price increase in February compared to 36% in February 2022.

How could they? Landlord fined after renovation rubble dumped at roadside

How could they? Landlord fined after renovation rubble dumped at roadside

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A landlord has been fined for dumping piles of construction waste from his rental property on the side of a road. Timber, mattresses, carpets, tiles, and other household waste was removed from the house in Huntingdon as part of renovation works between tenants. Evide

Tenant makes unusual crowdfunding plea to pay �12,000 'upfront' rent

Tenant makes unusual crowdfunding plea to pay �12,000 'upfront' rent

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A mature international student has turned to a crowdfunding site to raise �12,000 after his landlord demanded a years rent upfront. Mohamed Elsawwah, who lives in Birmingham with his wife and three children, has been studying international business in the UK for the last eig

BREAKING: Landlords to be given more powers to evict 'unruly tenants'

BREAKING: Landlords to be given more powers to evict 'unruly tenants'

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The Government is preparing to compromise over its plans to abolish Section 21 'no fault' evictions by beefing up landlords ability to eject unruly tenants including those involved in anti-social behaviour, the Prime Minister has revealed. The initiative is part of the

Smaller portfolio landlords leaving sector, says BoE report

Smaller portfolio landlords leaving sector, says BoE report

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Smaller portfolio landlords quitting UK rental sector, says Bank of England: mounting costs & regulation driving exits, reducing rental supply.

Shelter says agents and landlords who ban children are in breach of renting code

Shelter says agents and landlords who ban children are in breach of renting code

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Letting agents and their landlords who advertise properties as 'no children' face being accused of breaking discrimination rules, it has been claimed following a campaign by Shelter. The organisation says agents who advertise properties as no children are now breaking The

Eviction expert warns of social housing crisis post‑Section 21

Eviction expert warns of social housing crisis post‑Section 21

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Eviction expert Paul Shamplina warns of a social housing crisis post-Section 21 abolition, citing court delays and landlord uncertainty.

Rental platform hoping to become 'Rightmove of short lets' raises £1.3 million

Rental platform hoping to become 'Rightmove of short lets' raises £1.3 million

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Short-term holiday lets platform Your.Rentals is raising on the crowdfunding site Seedrs as it seeks to expand its reach in the UK, raising some £1.3 million so far. The Copenhagen-based company, which is headed up by founder Andrew Martyn (main picture),

OPINION: Are landlords really leaving the private rented sector?

OPINION: Are landlords really leaving the private rented sector?

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It has been reported this week that housing minister Rachel Maclean (main picture) told a meeting in Westminster that fellow Conservative MPs and the property sector (i.e. the NRLA and other trade associations) are wrong to claim that landlords are leaving the sector. This

Manchester students evicted by University after demanding 30% rent reduction

Manchester students evicted by University after demanding 30% rent reduction

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Manchester students occupying a university-owned building in a protest over rent costs and living conditions have been ejected by bailiffs. Manchester University says their action was illegal and that it was granted a possession order by the High Court. When the 20 strikers refu

LATEST: Gove hints at fairer tax rules for landlords in return for more regulation

LATEST: Gove hints at fairer tax rules for landlords in return for more regulation

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Housing Secretary Michael Gove has dropped a hint that he could be willing to consider tax concessions for landlords. Speaking in the Commons during a Budget debate, he told MPs that the government needed to make sure there was fairness in the tax treatment of landlords before l

BREAKING: Government squeeze on landlords has cost Treasury �1.5 billion

BREAKING: Government squeeze on landlords has cost Treasury �1.5 billion

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Tax changes in the private rented sector have lost the Treasury �1.5 billion in revenue, according to new research commissioned by the NRLA. https://www.capitaleconomics.com/" target="_blank" Capital Economics fou

LAW: Shocking landlord prosecuted for illegal eviction of young family

LAW: Shocking landlord prosecuted for illegal eviction of young family

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A landlord in Derby has been convicted of an illegal eviction and ordered by a court to pay a �1,600 fine. After initially agreeing a 12-month rental for an unfurnished house with a young family, landlord Grace Young of Pear Tree Street, Derby then attempted to illegally evict

NEW: Devolution deal gives Manchester more rogue landlord powers

NEW: Devolution deal gives Manchester more rogue landlord powers

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A new devolution deal will give the 10 Greater Manchester councils powers to approve larger selective licensing schemes. The pact, signed by Levelling Up Minister Dehenna Davison (pictured, below), Greater Manchester Mayor Andy Burnham (main pic) and the council leaders, will al