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Average rental prices in London drop, but rise across the whole of Britain

Average rental prices in London drop, but rise across the whole of Britain

News

Rents in London have dropped compared to a year ago, while Britain as a whole has seen values rise.

As if landlords don’t have enough to worry about – here’s another risk...

As if landlords don’t have enough to worry about – here’s another risk...

Information

There’s an issue with the safe disposal of Vapes - disposal in normal household bins has been identified as a fire risk

Landlord fined £43K for renting rodent-infested flats and blaming tenants for disrepair

Landlord fined £43K for renting rodent-infested flats and blaming tenants for disrepair

News

A landlord has been fined more than £43,000 for renting unsafe and rodent-infested flats - but blamed tenants for the disrepair.

Growing appeal of commercial property among landlords

Growing appeal of commercial property among landlords

News

Growing numbers of landlords are moving into commercial property amid fears that the residential market is too challenging.

Landlords to be fined if their tenants don’t keep their rubbish under control, warns council

Landlords to be fined if their tenants don’t keep their rubbish under control, warns council

News

Sefton Council has threatened to get tough on private landlords if they don’t help tenants keep their rubbish under control.

Landlords less likely to win appeals again improvements notices after tribunal ruling

Landlords less likely to win appeals again improvements notices after tribunal ruling

News

Landlords are less likely to win their appeal against an improvement notice following an Upper Tribunal ruling.

Renters’ Rights bill “won’t impact landlords’ profits”, insists tenant referencing firm

Renters’ Rights bill “won’t impact landlords’ profits”, insists tenant referencing firm

News

The Renters’ Rights Bill won’t impact private landlords’ profits or slow rising rents, according to tenant referencing company FCC Paragon.

Landlord ordered to pay £11K in fines and costs after misleading tenants

Landlord ordered to pay £11K in fines and costs after misleading tenants

News

A landlord who hoodwinked her student tenants into paying higher deposits has been ordered to pay more than £11,000 in fines and costs.

Average monthly rents in Britain increase to £1,332, official figures reveal

Average monthly rents in Britain increase to £1,332, official figures reveal

News

The average rent in Britain increased by 7.7% to £1,332 in the 12 months to March this year, official figures have revealed.

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Initiative launched to better regulate property 'deal sourcers'

Initiative launched to better regulate property 'deal sourcers'

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The world of property deal sourcing is to become better regulated following the launch of a new partnership between the sector’s trade association and the Property Redress Scheme.

HMRC targetting 'under declaring' limited company landlords

HMRC targetting 'under declaring' limited company landlords

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News
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A property lawyer has warned that HMRC believes buy-to-let landlords may be under-declaring taxes, and that it has them in their sights.

Smaller landlords offloading properties the most - claim

Smaller landlords offloading properties the most - claim

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Twice the number of landlords with one or two properties plan to sell up compared with those who own more than 10 properties, according to a new survey.

Judge slams AI following landlord's inaccurate tax bill appeal

Judge slams AI following landlord's inaccurate tax bill appeal

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News
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A landlord who tried to challenge a tax fine by unwittingly using fake rulings generated by an artificial intelligence (AI) system like ChatGPT has had her appeal dismissed.

London council sweeps 20,000 rented properties into licencing

London council sweeps 20,000 rented properties into licencing

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Landlords in Lewisham are the latest within the London to face a selective licencing scheme now that permission has been granted by the Secretary of State for the scheme.

Higher mortgage costs driving higher rents say landlords

Higher mortgage costs driving higher rents say landlords

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Three-quarters of buy-to-let landlords (76%) increased rent during the past 12 months, most of whom blamed higher mortgage costs.

London's largest selective licencing scheme given green light

London's largest selective licencing scheme given green light

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The government has given the go-ahead to Brent’s selective licensing scheme, with the council labelling it, “a major win for both renters and landlords”.

Landlord licencing should be harsher says health chief

Landlord licencing should be harsher says health chief

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Environmental health officers want more robust landlord licensing schemes under the Renters Reform Bill, says the Chartered Institute of Environmental Health (CIEH).

Letting agent sentenced after stealing landlord cash

Letting agent sentenced after stealing landlord cash

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A letting agent who swindled £128,000 from her employer to fund an affair with her personal trainer was rumbled after landlords complained they had not received their rent.

Spring statement fails to address rental crisis, NRLA says

Spring statement fails to address rental crisis, NRLA says

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News
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The National Residential Landlords Association (NRLA) has labelled the Spring Statement a missed opportunity to improve the chronic supply crisis in the private rented sector.

Landlords see profits soar from downsizing “loophole”

Landlords see profits soar from downsizing “loophole”

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Landlords are profiting by selling before the Renters' Rights Bill, then reinvesting in post-Bill bargains.

Landlords are being brought "into line” - but more needs to be done to tackle PRS pressures, suggests Labour MP

Landlords are being brought "into line” - but more needs to be done to tackle PRS pressures, suggests Labour MP

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The Government has started to “bring landlords into line”, but more needs to be done to tackle the pressures in the private rented sector, a Labour MP has suggested.

One in five tenants borrow money for their deposit

One in five tenants borrow money for their deposit

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News
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One in five renters has borrowed money that needs to be paid back for their five-week cash deposit, putting them in a precarious financial position before moving in.

Landlords struggling with “needlessly complex” HMO licence renewal applications are selling up

Landlords struggling with “needlessly complex” HMO licence renewal applications are selling up

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Landlords struggling with “needlessly complex” HMO licence renewal applications are fed up and selling up, according to Portsmouth & District Landlords Association (PDPLA).

Search for Landlord of the Year begins

Search for Landlord of the Year begins

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News
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The search is on for Landlord of the Year as part of this year’s LIS (Landlord Investment Show) Awards.

Landlords must use new digital tax software, the Chancellor confirms

Landlords must use new digital tax software, the Chancellor confirms

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Landlords will have to use the new Making Tax Digital for Income Tax Self-Assessment system, the Chancellor has confirmed.

Spring statement misses opportunity for landlords

Spring statement misses opportunity for landlords

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News
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The Spring Statement proved a missed opportunity for landlords and stamp duty, it has been suggested.

Tenants warned to know their rights after Chancellor announces more new homes

Tenants warned to know their rights after Chancellor announces more new homes

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News
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Tenants have been warned to know their rights following Chancellor Rachel Reeves’ announcement of a £2billion investment in 18,000 new social and affordable homes.

Scottish landlords weigh rent hikes against void risks

Scottish landlords weigh rent hikes against void risks

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Scottish landlords advised to balance rent increases with potential void periods post-cap removal; market conditions and tenant challenges considered.

Concerns raised about whether new planning reforms go far enough to address housing shortage

Concerns raised about whether new planning reforms go far enough to address housing shortage

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News
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Concerns about whether new planning reforms go far enough to address the country’s housing shortage have been raised by estate agents.

Labour pressured to remove guarantor rights for landlords

Labour pressured to remove guarantor rights for landlords

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News
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Homelessness charities are requesting amendments to the Renters’ Rights Bill that would severely limit landlords’ right to use guarantor agreements

Inflation dips to 2.8%, boosting hopes of interest rate cuts

Inflation dips to 2.8%, boosting hopes of interest rate cuts

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News
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Inflation has dipped, boosting mortgage borrowers’ hopes of more interest rate cuts.

Average asking rents have risen to £557 a week, new Foxton figures have revealed.

Average asking rents have risen to £557 a week, new Foxton figures have revealed.

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Average asking rents have risen to £557 a week, new Foxton figures have revealed.

Flat sales stall amid lack of meaningful progress on unsafe cladding repairs, estate agents warn

Flat sales stall amid lack of meaningful progress on unsafe cladding repairs, estate agents warn

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News
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Many flat sales are stalling due to a lack of meaningful progress on unsafe cladding repairs, estate agents have warned.

Landlords invited to boost business at training day

Landlords invited to boost business at training day

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Landlords are being invited to a “five-star training day” to help them navigate the biggest changes in the rental market for 30 years.

Single-Family Housing market attracts attention amid surge in demand

Single-Family Housing market attracts attention amid surge in demand

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News
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Investors are targeting the Single-Family Housing (SFH) market as the booming sector aims to help fill the PRS shortfall.

Landlord fails in bid to increase tenant’s rent, tribunal rules

Landlord fails in bid to increase tenant’s rent, tribunal rules

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A landlord company has failed in its bid to increase a tenant’s rent by 25% after a First Tier Property Tribunal heard that poor standards would lower the market rent.

NRLA on the road: New events programme to bring the association to you

NRLA on the road: New events programme to bring the association to you

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The NRLA is hosting free "On Tour" events across England and Wales, offering expert advice on upcoming legislation. The first live Listen Up Landlords podcast will also be recorded to mark the NRLA's fifth anniversary. Details for the annual conference will be announced soon.

Landlords turn to HMOs as higher mortgage costs steer them towards larger properties for better returns

Landlords turn to HMOs as higher mortgage costs steer them towards larger properties for better returns

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News
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More landlords are investing in HMOs as higher mortgage costs prompt them to turn to larger properties with better returns.

Landlords' legal action halts licensing scheme

Landlords' legal action halts licensing scheme

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News
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A group of disgruntled landlords in Scunthorpe has succeeded in halting its new selective licensing scheme.

New “crackdown on bad landlords” launched by London council

New “crackdown on bad landlords” launched by London council

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A new “crackdown on bad landlords” has been introduced by a London council.

Tenants are paying £2,195 more on their annual housing costs, says Savills

Tenants are paying £2,195 more on their annual housing costs, says Savills

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News
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Private tenants are paying £2,195 more on their annual housing costs than in 2022, according to Savills’ latest research.

The Renters' Rights Bill moves a step closer to Royal Ascent

The Renters' Rights Bill moves a step closer to Royal Ascent

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The controversial Renters' Rights Bill has moved a step closer to Royal Ascent

Tenancies will “change overnight’ once Renters’ Rights Bill comes in

Tenancies will “change overnight’ once Renters’ Rights Bill comes in

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News
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Tenancies will “change overnight’ once the Renters’ Rights Bill comes into force, Sean Hooker, of the Property Redress Scheme, has warned.