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Annual rent inflation climbs again hitting nearly 5% across much of UK

Annual rent inflation climbs again hitting nearly 5% across much of UK

News

Rent inflation continued to climb last month up by 0.1% to 4.7%, the Governments latest data for England shows. The Official for National Statistics (ONS) reports the annual increase, which compares the 12 months to the end of April 2023 to the previous months rent data.</

LISTEN IN: The Renters (Reform) Bill - what do the experts think?

LISTEN IN: The Renters (Reform) Bill - what do the experts think?

News

In this bonus episode of The Property Cast, Sean Hooker, Head of Redress at the Property Redress Scheme, and leading property expert Kate Faulkner OBE, share their initial reactions to the Renters (Reform) Bill. In perhaps the biggest shake-up of the private rented sector in ove

POLL: Portfolio landlords moving to commercial as PRS becomes more difficult

POLL: Portfolio landlords moving to commercial as PRS becomes more difficult

News

Large portfolio&nbsp;landlords are feeling upbeat despite the tough economic climate, with many eyeing the commercial sector for their next property purchase. The https://www.handelsbanken.co.uk/en/about-us" target="_blank" Handelsbanken </a

Leasehold WILL be abolished if we get into power, promises Labour

Leasehold WILL be abolished if we get into power, promises Labour

News

Labour has vowed to abolish the leasehold system as soon as it comes to power following Michael Goves U-turn earlier this month. The Housing Secretary dropped https://www.landlordzone.co.uk/news/new-gove-sets-sights-on-scrapping-leasehold-ownership/" target="_blank"

LATEST: Decent Homes Standard 'missing' from Renters (Reform) Bill

LATEST: Decent Homes Standard 'missing' from Renters (Reform) Bill

News

Environmental health bodies are to press the government on why it omitted plans for a Decent Homes Standard in the Renters (Reform) Bill. Despite including most of the promised draft legislation, the expected standards were missing and only mentioned in an accompanying press rel

'Fixed term tenancies MUST be preserved within reform bill for students lets'

'Fixed term tenancies MUST be preserved within reform bill for students lets'

News

A proposed ban on fixed-term tenancies could penalise students amid an already heightened rental crisis in many cities. According to student rentals platform StuRents�

Battle over holiday lets hots up as campaigning MP holds meeting

Battle over holiday lets hots up as campaigning MP holds meeting

News

The increasingly rancourous debate between Airbnb landlords and legislators will come to a head in York this week as the city's MP convenes a public meeting to discuss the growing problem of short lets within its walls. MP Rachel Maskell (main picture) is one of six mostly Labou

'This is why built-to-rent will outperform BTL in the long term'

'This is why built-to-rent will outperform BTL in the long term'

News

Property management professional David Goldberg recently revealed that in the long term, investing in so-called build-to-rent developments will prove to be more profitable for investors than buy to let. He claimed that built-to-rent looks to be a win-win for both tenant

SW city to clampdown on HMO conversions with harsher rules

SW city to clampdown on HMO conversions with harsher rules

News

Exeter is considering extending its Article 4 direction to help manage the impact of the citys student population. The current Article 4 restricting landlords rights to convert properties into HMOs is in an area close to the University of Exeters Streatham and S

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Why are landlords failing to invest in buy-to-let?

Why are landlords failing to invest in buy-to-let?

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News
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Why aren’t buy-to-let landlords growing their portfolios when rent demand is through the roof, and while build-to-rent investors are so optimistic?

Campaigners and student landlords cross swords over rent reforms

Campaigners and student landlords cross swords over rent reforms

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News
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Tenants' campaigning group Generation Rent has slammed the NRLA for pushing the government to include one and two-person student shares in the new possession ground under the Renters’ Rights Bill.

Raising EPC upgrade cost cap for landlords 'inappropriate'

Raising EPC upgrade cost cap for landlords 'inappropriate'

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News
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Estate agents have urged the government to reduce its proposed £15,000 cost cap for landlords to make EPC upgrades to £5,000.

Industry boss slams Labour's EPC reform plans

Industry boss slams Labour's EPC reform plans

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News
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A retrofit firm boss has warned that ill thought-out EPC reforms risk misclassifying millions of homes, misdirecting public funds and delaying action on cold, inefficient homes.

Big Midlands town gives green light to selective licensing

Big Midlands town gives green light to selective licensing

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News
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Mansfield is the latest major district council to give the green light to selective licensing within its borders following a consultation last year.

Build more homes? Britain can't afford it, Rachel tells Angela

Build more homes? Britain can't afford it, Rachel tells Angela

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News
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Labouir's promise to build more homes including those for renters is in jeapordy as Rayner and the Chancellor battle it out over money.

'More private landlords will quit and we'll replace them' - says big corporate

'More private landlords will quit and we'll replace them' - says big corporate

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News
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The UK’s biggest private corporate landlord has predicted that rental housing shortages will worsen in the coming years – while it takes the place of smaller landlords.

Westminster green-lights huge selective licensing scheme for landlords

Westminster green-lights huge selective licensing scheme for landlords

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News
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Westminster City Council has given the go-ahead to a huge new selective licensing scheme covering 15 of the London borough’s 18 wards.

EXPERTS: Inflation rise to delay interest rate cut until August

EXPERTS: Inflation rise to delay interest rate cut until August

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News
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Landlords could face higher mortgage rates for longer after inflation jumped by more than expected last month to 3.5%.

What's the outlook for UK commercial property, post pandemic & Brexit?

What's the outlook for UK commercial property, post pandemic & Brexit?

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News
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The pandemic has had a devastating impact on commercial property, with lockdowns, social distancing, working from home (WFH), all accelerating the move to online and home deliveries. The likes of Tesco, Ocado and the other big supermarket deliveries were the saviour of the public during the

LATEST: Rent controls take another step towards reality in Wales

LATEST: Rent controls take another step towards reality in Wales

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News
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Welsh politicians have reaffirmed their desire to consider rent controls in the PRS while announcing plans to crack down on the holiday let sector. Plaid Cymru leader Adam Price (main pic, right) suggested rent controls could be on the table when the long-awaited but now <a href

Michael Gove sacked after joining his housing ministers in calls for Boris to resign

Michael Gove sacked after joining his housing ministers in calls for Boris to resign

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News
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Michael Gove, arguable the best housing secretary for some years, has been sacked from his job after joining a chorus of Tory cabinet ministers calling on the PM to resign. During a fast-moving day in politics which has seen over 40 MPs quit the government or withdraw their supp

Wales to licence 'commercial holiday lets' landlords to help solve renting crisis

Wales to licence 'commercial holiday lets' landlords to help solve renting crisis

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News
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Welsh government leaders have revealed radical plans to licence holiday lets in a bid to get tough on the causes of long-term rental shortages. The region is to introduce a cap on the number of second and holiday homes while bringing in measures to put more homes into common own

Put your EICR date in the diary now to avoid a shocking bill

Put your EICR date in the diary now to avoid a shocking bill

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News
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HMO landlords face paying thousands of pounds for https://www.landlordzone.co.uk/news/safety-peer-asks-why-private-landlords-must-do-electrical-checks-when-social-ones-are-exempt/" electrical equipment when new regulations kick in later this year. An amendment

LATEST: Manchester reveals more details of its selective licensing expansion

LATEST: Manchester reveals more details of its selective licensing expansion

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News
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Manchester aims to double the size of its selective licensing scheme by adding another 1,884 properties in eight areas. The council has given it the go-ahead to the https://www.landlordzone.co.uk/news/manchester-mayor-vows-to-launch-1-5m-landlord-licensing-across-city/"

Clamp down on letting second homes planned

Clamp down on letting second homes planned

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News
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Owners of second homes in many coastal and holiday locations could face a ban on renting using lettings websites like Airbnb. Tourist hotspots such as coastal towns in Cornwall and Devon are particularly affected. Communities being eroded In many of these towns, loca

BREAKING: Brighton reveals plans to limit Airbnbs as Gove prepares national restrictions

BREAKING: Brighton reveals plans to limit Airbnbs as Gove prepares national restrictions

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News
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Brighton and Hove has its sights set on being the first city to slap a ban on second homes and holiday lets. The Green-controlled council is looking to clamp down on landlords profiting from the staycation boom amid fears that the rapid growth has impacted on the availability of

Prepare now as Leasehold Reform Act takes effect 30 June

Prepare now as Leasehold Reform Act takes effect 30 June

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News
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Prepare for the Leasehold Reform Act on 30 June: what landlords need to know about new ground rent rules and leasehold fairness.

OPINION: What abolishing Section 21 evictions will mean for landlords

OPINION: What abolishing Section 21 evictions will mean for landlords

Opinion
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The long-awaited Government White Paper, https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/1083378/A_fairer_private_rented_sector_web_accessible.pdf" target="_blank" A Fairer Private Rented Sector ,

It's now cheaper to rent than to buy...

It's now cheaper to rent than to buy...

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News
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According to recent research buy property agents Hamptons International, for the last 11 months its been cheaper to buy a home with a 10% deposit than rent. This is because to rental growth was tearing away before and mortgage rates were near their record lows. In May this ye

Abolishing fixed‑term tenancies could ruin student lettings

Abolishing fixed‑term tenancies could ruin student lettings

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News
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Abolishing fixed-term tenancies risks ruining the student rental market, warns leading provider of major housing contraction.

Section 21 eviction ban? We're off to short-term lets, say thousands of landlords

Section 21 eviction ban? We're off to short-term lets, say thousands of landlords

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News
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Thousands of landlords have vowed to switch to short-term lets when Section 21 notices are abolished, a new survey has found. Assist Inventories study of 10,000 landlords and letting agents revealed that 45% plan to move away from long-term tenancies while 41% said they might

EPCs are already changing and about time too, says homes assessment expert

EPCs are already changing and about time too, says homes assessment expert

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News
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The new Building Regulations and accompanying technical upgrade to the SAP assessment methodology ask for a completely different way of measuring the energy performance of many buildings, giving a market boost to those properties with higher EPC ratings. Effective from last week

Check your properties regularly warns landlord after armed police raid rental house

Check your properties regularly warns landlord after armed police raid rental house

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A landlord too terrified to reveal her name has warned others to conduct more regular property checks after she unwittingly rented her house to a drug-dealing gang for years. The North London-based landlord has had the same tenants since 2005 but only discovered their illegal ac

How much damage to rental properties by pets really costs landlords

How much damage to rental properties by pets really costs landlords

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New research reveals how adult tenants cause as much damage as pets in rental properties and that for smaller landlords, animal damage costs less to repair. The survey of 537 landlords and lettings agents found 85% have experienced both kinds of damage while only 29% of landlord

Landlord gives key evidence during trial of parents accused of son's murder

Landlord gives key evidence during trial of parents accused of son's murder

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A landlord has given evidence in the Sebastian Kalinowski murder trial, who died at his home in Huddersfield. Prosecutors allege his mother Agnieszka Kalinowska, 35, and her partner Andrzej Latoszewski, 36, subjected him to a campaign of abuse before his death in August 2021.</p

Surging electric car sales leads to two tier housing market

Surging electric car sales leads to two tier housing market

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News
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Houses with off-road parking space will not only command a higher sale price, the rental value will also be boosted as more people buy electric cars. Surge in EV sales The electric vehicle (EV) market is booming, which will inevitably have its impact on property pric

Landlord figures pick holes in renting reform White Paper

Landlord figures pick holes in renting reform White Paper

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Landlord leaders criticise Renters Reform White Paper, highlighting flaws and concerns over proposed legislation and its impact on the sector.

LATEST: HMRC names dozens of landlords who dodged tax totalling �6.7m

LATEST: HMRC names dozens of landlords who dodged tax totalling �6.7m

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HMRC has named and shamed 26 property tax dodgers who collectively tried to avoid paying more than �6.7 million. The deliberate tax defrauders earned income from either rental property, property developing or property tax advising, and have all been investigated and fined for e

Game-changing renting reform: What landlords need to know

Game-changing renting reform: What landlords need to know

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Government's full renting‑reform White Paper unveiled—bold, controversial changes to landlord rules await Spring's legislation.

FIRST details of controversial 'new deal' for tenants and landlords published by DLUHC

FIRST details of controversial 'new deal' for tenants and landlords published by DLUHC

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News
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Key details of the Governments radical renting reform White Paper have been released this morning by Michael Gove, full details of which are due to be published when his housing minister Eddie Hughes addresses parliament later this morning. In a statement embargoed for midnig

Tenants to gain legal right to keep pets in rental homes

Tenants to gain legal right to keep pets in rental homes

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Under the Renters' Rights Bill, tenants can request to keep pets, with landlords required to respond within 28 days and may require pet insurance.

BREAKING: Government to require landlords to adapt communal areas for disabled tenants

BREAKING: Government to require landlords to adapt communal areas for disabled tenants

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The Government wants to make it a 'duty' for landlords to respond to requests from disabled tenants to make communal spaces outside their homes more accessible. A consultation on the proposals has been launched by equalities minister Kemi Badenoch (main pi

OPINION: Has the Prime Minister's landlord bashing gone too far this time?

OPINION: Has the Prime Minister's landlord bashing gone too far this time?

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It may have gone unnoticed by many landlords that Boris Johnson made one of the most extraordinary attacks on the sector in living memory last week. And it is fair to say, one of the most unfair. Most landlords have become accustomed to the government's frosty rhetoric over the