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'Base rate rise will put landlords and tenants under even more financial strain'

'Base rate rise will put landlords and tenants under even more financial strain'

News

Landlords have warned the Bank of England that its decision to raise the base rate by a quarter of a percent to 5.25% will only put more pressure on to renters and buy-to-let

ANALYSIS: Short term lets under threat...

ANALYSIS: Short term lets under threat...

Information

The rental market in the UK has undergone something of a revolution in recent years, with a significant shift away from permanent or long-term renting towards Airbnb style hol

Unusual legal win by landlord shows appealing council fines can be worth it

Unusual legal win by landlord shows appealing council fines can be worth it

News

Landlords operating good-quality and well managed rented properties and who are of good character should fight unfair council fines for failing to licence properties, an unusu

Landlord company registrations rise as many seek to avoid higher tax bills

Landlord company registrations rise as many seek to avoid higher tax bills

News

Higher taxes and the pandemic have significantly increased the number of landlords starting up limited companies rather than owning and operating properties personally, new re

Market rents hit £1,367 as void periods plunge

Market rents hit £1,367 as void periods plunge

Information

Market rents hit historic high of £1,367 PCM as void periods plunge—explore the market shift and what it means for landlords.

Is it fair that councils can fine landlords even though they too break the law?

Is it fair that councils can fine landlords even though they too break the law?

Opinion

There is a burning issue within the rented homes market that is grossly unfair on private landlords and that is never discussed by politicians or the trade associations that o

Landlord to pay tenants £12,500 because 'innocence of law is no defence'

Landlord to pay tenants £12,500 because 'innocence of law is no defence'

News

Being ignorant of landlord law is no defence, a brutal legal point that has cost a landlord duo in London dearly after they were told by judges to repay their tenants �12,500

Looming EPC changes already skewing the buy-to-let market, claims finance boss

Looming EPC changes already skewing the buy-to-let market, claims finance boss

News

The Governments plans to force landlords to upgrade their properties to a minimum C energy efficiency standard is already affecting how rental properties are being purchased, the boss of a big money firm has claimed. Louisa Sedgwick, Commercial Director at Paragon Bank

City office space under threat as personified by Canary Wharf exodus

City office space under threat as personified by Canary Wharf exodus

News

The pattern of office working is changing and nowhere is its effect on commercial property being felt more strongly than in Londons Docklands Canary Wharf. A once thriving financial centre The development of the wharf into a thriving financial centre just outsi

BREAKING: Gove green lights expensive new licencing scheme in Nottingham

BREAKING: Gove green lights expensive new licencing scheme in Nottingham

News

Michael Gove has given Nottingham city council the green light to proceed with one of the UKs most expensive and controversial selective licensing schemes. Due to start on December 1st, it will require all rented properties within 20 of its wards to be licenc

Government is afraid EPC upgrades will be final straw for landlords, says big bank

Government is afraid EPC upgrades will be final straw for landlords, says big bank

News

A leading lender believes the governments likely decision to row back on EPCs is linked to fears that it will hit an already struggling PRS. Earlier this week, Housing Secretary Michael Gove suggested a delay in bringing in energy efficiency plans for rental properties to

Property firm reports more landlords selling up as 'red tape' burden rises

Property firm reports more landlords selling up as 'red tape' burden rises

News

Home buying company the Open Property Group (OPG) has reported a 56% jump in PRS property purchases during the past year, with landlords blaming red tape for their decision to sell up. It bought nearly �6 million worth of property from homeowners and landlords looking for a fas

Payday! Three tenants to share �20,000 after landlord fails to licence property

Payday! Three tenants to share �20,000 after landlord fails to licence property

News

Three tenants have won a �20,160 rent repayment order from their landlord who failed to licence his HMO. A First Tier Property Tribunal found that Simon Freed let out the three-bedroom flat in Frognal Court, Camden (main picture), a

Scots Ministers avoid revealing how many landlords are seeking big rent rises

Scots Ministers avoid revealing how many landlords are seeking big rent rises

News

The Scottish Government has decided not to publish details of how many landlords north of the border have applied to raise their rent above the 3% maximum allowed under the countrys Cost of Living (Tenant Protection) (Scotland) Act. This controversial legislation was first in

Landlords warned over increase in unauthorised and illegal sub-letting by tenants

Landlords warned over increase in unauthorised and illegal sub-letting by tenants

News

Sub-letting is on the increase within the private rented sector as the cost of living crisis bites, it has been reported. Direct Line says nearly half of all tenants who sublet rooms within their property have not told their landlord or checked they are allowed to within their r

Council's desperate measures to stop landlords evicting tenants revealed

Council's desperate measures to stop landlords evicting tenants revealed

News

Brent Council is paying a landlord to house the tenant he was trying to evict after failing to come up with any alternative accommodation. The authority paid the legal fees and took over responsibility for paying the rent as long as the landlord continued to let his tenant stay

BTR makes another leap forward with £1.26 billion invested in just three months

BTR makes another leap forward with £1.26 billion invested in just three months

News

T The UKs build-to-rent (BTR) stock now stands at 88,100 completed homes, with a further 53,500 homes under construction and 111,800 in the planning pipeline. Savills research reveals that in the second quarter of the year, the sector saw a record-breaking �1.26

Landlord outcry over 'unfair' major Midlands selective licencing scheme

Landlord outcry over 'unfair' major Midlands selective licencing scheme

News

Landlords in Birmingham have slammed the citys new selective licensing scheme which some claim is unfairly targeting ethnic communities. The scheme, which took effect at the beginning of June, affects all landlords in 25 of the citys wards which have more than 20% of rente

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Uninhabitable Premises

Uninhabitable Premises

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Uninhabitable Premises. My tenanted property is flooded. What are my legal obligations in this situation? Am I obliged to re-house my tenant? Must my tenant continue to pay rent?Landlords are under a general obligation to supply property in tenant able condition for the tenant to i

Tenant Blacklist

Tenant Blacklist

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Question: Tenant Blacklists. I've had a very bad experience with a tenant and would like to put him on a black list so that other landlords don't have the same experience that I've had. How do I go about this?Answer: We often get asked this question.Although there have been several attempts by di

Sub-letting Leasehold

Sub-letting Leasehold

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Sub-letting leasehold - I want to rent out my leasehold flat but the managing agent says the freeholder wont allow it. I know that other flats in the block are rented out, so what can I do? Landlords usually prohibit sub-letting to safeguard the interest.Landlords usually prohibit sub-letting

Renting to a 17 year old

Renting to a 17 year old

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What are the implications of renting to a 17 year old or someone who is under the age of 18? We have an application from a 17-year old that is keen to rent but Im not sure this would be legal?</h2> Many landlords and housing providers would be concerned and therefore refuse to let to

Rent Review

Rent Review

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Question - Rent Review - my landlord is asking for far more rent than I expected on review. Am I obliged to pay this?Answer - Commercial leases are contractual - the parties agree to and are bound by its clauses and that includes rent review provisions.The rent review process is a way of periodic

Re-selling Energy

Re-selling Energy

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Re-selling Energy - As a landlord am I able to make a profit by re-selling electricity or gas?</h2>Resale of Gas and ElectricityThe maximum amount that Residential Landlords or resellers� are permitted to charge for gas or electricity is the amount they

Providing a Reference

Providing a Reference

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Providing a Reference - I have been asked to provide a reference for one of my tenants who is moving on. What is my legal position in this and am I putting myself at risk if I say he was a bad tenant?</h2> Referencing (seeking verification of a tenants past performance) is an increasi

Polystyrene Ceiling Tiles

Polystyrene Ceiling Tiles

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Polystyrene Ceiling Tiles - is it legal to have these tiles in the kitchen of a rental property?</h2> There are currently no regulations specifically banning the use of polystyrene ceiling tiles in existing rented property.However, it is unlikely that local authority fire officers and en

Misrepresentation

Misrepresentation

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Misrepresentation - We recently rented out our rural cottage to a couple. As they wanted to use their computers I said it was possible to get high-speed broad-band. I thought this would be possible but it seems it is not at this time. The couple are now claiming that I misled them and that

“I’m richer now selling my houses than I was renting them” – Landlords rush to get out

“I’m richer now selling my houses than I was renting them” – Landlords rush to get out

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Smart landlords are selling now, making more upfront than years of rent - 85–90% of market value, fast and hassle-free.

Big suburban London council reveals HMO licensing expansion

Big suburban London council reveals HMO licensing expansion

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News
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Sutton wants to widen its licensing activities to include smaller HMOs, which number nearlyh 1,000 within the borough.

Landlords have 'good reason to be concerned with renting reforms'

Landlords have 'good reason to be concerned with renting reforms'

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News
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Three key rental sector organisations have joined to warn the Government that its rental reforms are causing significant concerns.

BLOG: Landlords face higher bills as EPC assessments get tougher

BLOG: Landlords face higher bills as EPC assessments get tougher

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News
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Changes to EPC assessments mean higher energy assessment costs for landlord, that's on top of what it will cost many landlords to upgrade properties

Big seaside city reveals radical plans to restrict holiday lets

Big seaside city reveals radical plans to restrict holiday lets

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News
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Council has hatched plans to start charging Airbnb users for parking and is also considering a ban on full-time Airbnbs in new builds and designating

Landlords brace for reform at sold-out NRLA gathering in London

Landlords brace for reform at sold-out NRLA gathering in London

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News
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Paul Shamplina headlined NRLA On Tour London, delivering key insights on legal changes for landlords at a sold-out, sector-shaping event.

Leading tax expert slams looming Making Tax Digital changes for landlords

Leading tax expert slams looming Making Tax Digital changes for landlords

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News
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A high-profile tax expert has labelled HMRC’s Making Tax Digital (MTD) regime – set to hit landlords next year - as ‘pointless and costly’.

£6 million licensing scheme reveals property inspections blitz

£6 million licensing scheme reveals property inspections blitz

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News
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Peterborough Council boasts that its aggressive approach to selective licensing has driven significant improvements in the town’s private rental secto

Major BTL lender relaxes rental 'stress test' rules to help landlords

Major BTL lender relaxes rental 'stress test' rules to help landlords

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News
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The Mortgage Works has reduced its 'stress test' rate which is used to assess whether a landlord can afford loan payments.

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

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