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Letting agents flag huge worries over landlords leaving market

Letting agents flag huge worries over landlords leaving market

News

Letting agents are concerned that increasing numbers of landlords are exiting the market.

London rental market cools down but will rest of UK follow?

London rental market cools down but will rest of UK follow?

News

The capital’s rental market continues to show signs of slowing down, with prices rising by just 1% year-on-year in May while the number of viewing request per property has dropped too.

Controversial landlord calls on Reform to back landlords with tax breaks

Controversial landlord calls on Reform to back landlords with tax breaks

News

Fergus Wilson has questioned whether new Reform UK leader Nigel Farage would restore Landlord Tax to the previous headline rate and put Capital Gains Tax down to a flat 10% for all landlords - the level of tax paid if held in a company.

Generation Rent says private rented homes must be 'nationalised'

Generation Rent says private rented homes must be 'nationalised'

News

Generation Rent has called for private rented homes to be brought into public or tenant ownership in its list of demands for the next government.

Build-to-rent giants hoover up 1000s of homes in southern England

Build-to-rent giants hoover up 1000s of homes in southern England

News

The rise of ‘built-to-rent’ homes as a major competitor for tenants with private landlords took a leap forward this week after two US firms revealed they had bought 1,750 homes off a UK builder that will now be rented out rather than sold.

Court refuses to alter terms of a commercial lease on renewal

Court refuses to alter terms of a commercial lease on renewal

Information

When the terms of a commercial renewal lease cannot be varied in the agreed between the parties, according to the provisions of the Landlord and Tenant Act 1954

CLADDING: Leaseholders still facing mortgage problems despite official promise

CLADDING: Leaseholders still facing mortgage problems despite official promise

News

Nearly a quarter of mortgages on mid-rise flats required an ESW1 form this year, despite government promises that leaseholders in these blocks affected by the cladding scandal would no longer need one when selling or remortgaging.

Labour to re-start renting reforms abandoned by Tories, predicts NRLA

Labour to re-start renting reforms abandoned by Tories, predicts NRLA

News

Labour is likely to reintroduce the Renters (Reform) Bill in a similar form if it wins the election and has already confirmed its view that the court process needs speeding up.

'Landlords part of solution to housing crisis, not the problem'

'Landlords part of solution to housing crisis, not the problem'

News

Any new government must continue to encourage private landlords if it is to effectively tackle the housing crisis, according to property lawyer David Smith.

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Landlord platform reveals UK's first AI investing suite

Landlord platform reveals UK's first AI investing suite

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News
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A mortgage and property financing platform has revealed a service that is claimed to be the first in the UK to use Artificial Intelligence (AI) to helps investors and landlords choose properties to buy and rent out.

Landlords pay price for cramming students into unsafe HMO

Landlords pay price for cramming students into unsafe HMO

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News
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Two landlord brothers have been fined £20,000 and put on the rogue landlord database after failing to license their overcrowded HMO.

Agents risk tougher penalties for poor customer service

Agents risk tougher penalties for poor customer service

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News
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Letting agents have been warned to heed legal changes that will impact their dealings with tenants and landlords.

Frustrated landlords advised to 'transfer up' for speedier possession

Frustrated landlords advised to 'transfer up' for speedier possession

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News
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Landlords struggling to get their properties back have been urged to consider enforcing their judgments through the High Court.

Banks predict landlord exodus without EPC extension

Banks predict landlord exodus without EPC extension

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News
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UK Finance has warned that mortgaged landlords’ properties won’t reach EPC C until between 2037 and 2043 – way off the expected 2030 target.

LATEST: Bank of England cuts rate by 0.25%

LATEST: Bank of England cuts rate by 0.25%

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News
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The Bank of England has cut interest rates to 4.25% from 4.5% in a boost to landlord borrowing.

Landlord wins legal fight over council's poor eviction advice

Landlord wins legal fight over council's poor eviction advice

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News
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Sefton Council has been rapped on the knuckles for wrongly advising a tenant he could stay put, despite knowing it could not prevent an eviction.

Legal Matters: The extent of a landlord’s Duty of Care

Legal Matters: The extent of a landlord’s Duty of Care

Information
News
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Landlords owe a duty of care to their tenants, in particular to protect them from injuries caused by any defects in the rental property

Rent controls risk stifling Scotland's student property sector

Rent controls risk stifling Scotland's student property sector

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News
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Letting agents have warned that introducing rent controls for purpose-built student accommodation in Scotland will have a “chilling” effect on investment.

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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News
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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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News
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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.

Portfolio landlord takes on £3.67M loan to consolidate 22 properties in London and Birmingham

Portfolio landlord takes on £3.67M loan to consolidate 22 properties in London and Birmingham

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News
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A portfolio landlord has taken on a huge loan to consolidate 22 properties across London and Birmingham.

Avoid discrimination laws pitfalls in property rentals

Avoid discrimination laws pitfalls in property rentals

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News
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Landlords must comply with the Equality Act 2010 and the Renters’ Rights Bill to avoid unlawful discrimination in tenant selection and property management.

Landlord Action celebrates 25 years of helping private landlords recover their properties

Landlord Action celebrates 25 years of helping private landlords recover their properties

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News
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Landlord Action is celebrating 25 years of successfully helping private landlords recover their properties.

Tax expert explains how to avoid being landed with a big BTL tax bill

Tax expert explains how to avoid being landed with a big BTL tax bill

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News
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A tax expert has urged BTL investors to use or lose their annual capital gains tax (CGT) exemption to avoid being landed with a big tax bill.

Bank of England keeps interest rates at 4.5% amid inflation concerns

Bank of England keeps interest rates at 4.5% amid inflation concerns

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News
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The Bank of England kept interest rates at 4.5% today amid fears that inflation is still a threat.

Newly qualified nurses struggle to afford to rent privately, Shelter claims

Newly qualified nurses struggle to afford to rent privately, Shelter claims

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News
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Newly qualified nurses can’t afford to rent privately in almost half - 45% - of local authorities in England, according to new analysis from Shelter.

Landlords must not drag their heals over EPC ratings, warns bank director

Landlords must not drag their heals over EPC ratings, warns bank director

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News
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Landlords must not to drag their heels when it comes to improving properties’ energy efficiency rating - or face potential issues with finding tradespeople and working with letting agents, a financial expert has warned.

More tenants are using alternative deposit schemes, new data reveals

More tenants are using alternative deposit schemes, new data reveals

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News
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A growing number of tenants in the build-to-rent (BTR) sector are using deposit alternative products as many opt to invest a lump sum instead of locking it away in a traditional cash scheme.

Tenants who are on benefits must get the Government support they need, says Propertymark

Tenants who are on benefits must get the Government support they need, says Propertymark

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News
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Benefit claimants must get the Government help they need once its welfare reforms take effect, an industry body has warned.

Fewer luxury homes to rent in London feeds into higher rents

Fewer luxury homes to rent in London feeds into higher rents

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A reduced supply of luxury rental homes in London is feeding into higher rents, which are now a third higher than before the pandemic, new research has revealed.

Rogue landlords come under attack from Labour MP Tom Hayes

Rogue landlords come under attack from Labour MP Tom Hayes

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News
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Labour MP Tom Hayes has launched a survey to quiz tenants and landlords in his Bournemouth East constituency, in a bid to fix the “broken” rented sector.

WASPI women need to be fairly compensated after constituent was evicted, says MP

WASPI women need to be fairly compensated after constituent was evicted, says MP

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News
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Liberal Democrat MP Sarah Dyke has called for WASPI women to be fairly compensated after one of her constituents was evicted.

‘Rentflation’ costs young people an extra £1,616, says Barclays

‘Rentflation’ costs young people an extra £1,616, says Barclays

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News
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‘Rentflation’ has cost young people an extra £1,616 on their rent bill in the past year, according to new data from Barclays.

Tenants on benefits will be pushed into poverty, warns NRLA

Tenants on benefits will be pushed into poverty, warns NRLA

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News
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Almost half of all private renters who receive Local Housing Allowance experience a shortfall between their payment and monthly rent, according to new analysis by the NRLA.

Landlords who fail to address damp and mould problems ahead of Awaab’s Law risk legal action

Landlords who fail to address damp and mould problems ahead of Awaab’s Law risk legal action

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Landlords who fail to address damp and mould problems ahead of Awaab’s Law risk legal action, reputational damage, and significant fines, an air quality monitoring firm has warned.

More companies are registered to hold buy-to-let property than for any other type of business

More companies are registered to hold buy-to-let property than for any other type of business

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News
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More companies are registered to hold buy-to-let property than for any other type of business as investors seek to reduce their tax burden, new data reveals.

Landlords have "plenty of opportunities" despite interest rates expected to remain at 4.5%

Landlords have "plenty of opportunities" despite interest rates expected to remain at 4.5%

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News
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Landlords still have 'plenty of opportunities’ despite interest rates expected to remain on hold this week, a specialist lender has suggested.

Number of tenants being asked for a guarantor could increase due to Renters’ Rights Bill, warns Generation Rent

Number of tenants being asked for a guarantor could increase due to Renters’ Rights Bill, warns Generation Rent

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News
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The Renters’ Rights Bill could lead to an increase in the number of tenants being asked to provide a guarantor and to further discrimination, charities and campaign groups have warned

Rising costs and stalled rent – a double whammy for landlords

Rising costs and stalled rent – a double whammy for landlords

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News
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UK landlords face rising costs, regulatory complexity, and affordability challenges, with rent growth slowing despite ongoing demand.

Number of new licensing schemes lined up has surpassed last year’s total

Number of new licensing schemes lined up has surpassed last year’s total

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News
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The number of licensing schemes lined up to launch this year has already surpassed last year’s total, as councils continue to put the financial squeeze on landlords.