There’s good news for landlords who have postponed selling their rental properties despite falling profits and new legislation making the private rental sector less appealing to most landlords.
Landlords could have to wait slightly longer for the pressure on mortgage rates to ease after the annual rate of inflation hit 4% last month.
UK rents increased by 6.2% in the year to December 2023 - the joint highest annual percentage change since 2016.
Experts and campaigners giving evidence to the Leasehold and Freehold Reform Bill committee have endorsed a commonhold system.
Tenants across the UK are being asked to comply with an extensive fraud checklist to confirm their eligibility for Universal Credit.
Propertymark has welcomed the Welsh government’s commitment that private landlords shouldn’t have to refer tenants at risk of homelessness.
Up to one million new rental homes will be needed to accommodate growing demand by 2031, particularly from young families, across England and Wales.
Almost 2,000 letting agent branches shut up shop last year which meant 2023 ended with 659 fewer branches on the high street.
Nearly a fifth of landlords believe the government should prioritise better access to finance so they can carry out retrofitting plans.
A record 50,004 limited BTL companies were set up last year, driven by landlords looking to shelter themselves from higher interest rates.
Michael Gove says that under Awaab’s Law, social housing landlords must deal with condensation issues without delay.
Get ready for an intriguing year ahead in 2024, particularly if you're a hands-on landlord, as several forthcoming announcements are poised to reshape the landscape of property management.
The importance of keeping commercial lease clauses up-to-date with changes in new legislation, in particular there's one clause that should be inserted into every commercial lease to take account of the new energy efficiency rules. Under the Landlord
A landlord who was unable to conduct an electrical safety check due to his hoarding tenant has had a £3,500 fine quashed.
The government has confirmed that commercial landlords won’t have to meet a proposed 2025 deadline to raise their properties to an EPC band C.
CreditLadder has teamed up with Digital ID Connect so app users can report rental payments into credit reference agencies.
Monthly rental costs fell by 0.9% across the UK during December and by 2.2% in Greater London - one of the biggest drops seen in 2023.
The government has rejected calls for private landlords to be given similar deadlines to the social housing sector for dealing with damp and mould.
An example of the difficulty of prediction is the conclusion to a detailed study recently published on the private rented sector by the London School of Economics (a study commissioned by the NRLA) Individually and cumulatively, the recent tax changes
A lettings agency boss and landlord has been slapped with a �40,700 Rent Repayment Officer despite claiming that his failure to licence an HMO was an honest mistake. A First Tier Property Tribunal handed five former tenants the maximum award for the period from September 2019 t
Scotland’s Housing Bill proposes rent controls, winter eviction bans, pet rights & tougher eviction penalties in private sector overhaul.
Bristol has approved plans to extend landlord licensing in Brislington West, Bedminster and Horfield wards in a bid to raise PRS standards. The scheme includes additional licensing - HMOs with three or more unrelated people sharing facilities and selective licensing - privat
Durham County Council's selective licensing scheme covers 29,000 homes, requiring landlords to apply by 31 July for a £350–£500 licence fee.
This is a Local Government and Social Care Ombudsman case involving an unnamed landlord (LandlordX or MrX) and Brentwood Borough Council. The case revolves around a common situation where the landlord required possession of the property after serving a valid section 21 notice un
I've been in the property investment business for almost 30 years and during this period opportunities have come and gone but I've yet to discover an asset class that perf
Ever since I started to market one of my commercial buildings around 10 years ago now, I began to doubt the efficacy of the EPC rating system. The guy that came along to do the inspection told me himself he had just completed a 6 week course, or whatever it was, to train to be a
Social and private landlords are to face tougher new rules which make it mandatory to fit smoke alarms in all rented accommodation regardless of tenure, and widen the conditions under which they must be fitted. Revisions to the smoke and carbon monoxide detector regulations also
Facebook Marketplace has come under fire once more for helping facilitate rental scams, this time during a BBC One Rip-Off Britain investigation aired this morning. The programme highlighted two examples of rental scams, both of whic
A portfolio landlord and property educator has vowed to keep posting on social media despite receiving hundreds of spiteful troll messages every day. Rick Gannon, who has a �7 million portfolio with 140 tenants mainly around Worcester and also runs a training company which teac
Landlords selling up or re-letting is now the biggest cause of homelessness among renters in England and not rising rents. New Department for Levelling Up, Housing and Communities data reveals that 31,090 households were threatened with homelessness be
Oxford has received Secretary of State approval for its controversial new selective licensing scheme covering half the city, after it was first announced in August 2020. All private rented homes (49.3% of the citys housing stock) will need a licence from 1st September. Oxford
A new government consultation aims to study whether its planned Energy Bills Support Scheme (EBSS) will treat all tenants fairly. The scheme, announced in February as part of a package of support to help domestic energy customers with the costs of rising energy bills, starts in
Rent rises should be banned and Section 21 and Section 8 evictions suspended until the cost of living crisis subsides, says tenants advocacy group Generation Rent . The organisation also wants to see landlords banned from requestin
Durham Council waited three weeks after launching its selective licensing scheme to share the news on its website potentially leaving some landlords in the dark. Despite announcing it had won approval back in December for a launch on 1st April, the council
As reported by Bdaily's Members' News, Coventry-based commercial property agent Bromwich Hardy says that the market in key parts of the midlands is now becoming highly competitive and just as active are markets further south. Across the regions agents are finding that demand is running ahea
A wide range of research has been conducted recently about the shift to hybrid working. A https://yougov.co.uk/topics/economy/articles-reports/2020/09/22/most-workers-want-work-home-after-covid-19" target="_blank" YouGov survey and https://www.cipd.co.uk/knowledg
The average HMO is now worth �364,508, 32% more than the typical house, according to new research which finds that trickier financing and licensing schemes have not deterred landlords from investing in the sector. On the contrary demand for HMOs among landlords, and the restric
Landlords face costly cladding repairs excluded from funds. Experts call for policy change to support fair safety funding.
Sam Eustace, 36, from Sutton in south London has been disqualified as a director for 11 years for operating a Ponzi style property scheme. Kingsman Property Ltd offered property owners a guaranteed rent by taking over their properties and managing them in a https://www.
A landlord has won �100,000 in damages from tenants union ACORN for organising a campaign of harassment against her. <figure id="" class="w-richtext-figure-type- " data-rt-type="" data-rt-align=""><div><img src="https://cdn.prod.website-files.com/63bef2f3c329eff8e3a4af45/64cb99116f692db
The end of a tenancy can be a stressful time for landlords, faced with a range of repairs before they can relet the property. "Dilapidations" is the term generally used to refer to the process a landlord needs to follow to recover any loss they may have suffered as a result of t
Following energy regulator Ofgems decision to https://www.ofgem.gov.uk/publications/price-cap-increase-ps693-april" raise the price cap by nearly £700 a year per household, HMO landlords have been warned to observe the maximum resale value
A new property awards has launched that aims to celebrate good landlords in the previously neglected HMO sector. The HMO Awards is dedicated to highlighting good practice and will hand out gongs to HMO agents, operators and investors at a ceremony with a difference that aims to
The London borough of Greenwich has re-started its planned roll-out of selective licensing across three of its key areas Woolwich, Plumstead and Shooters Hill. Expected to go live at the beginning of July following its Cabinet committee decision, this means nearly a fifth of
A high-profile property investor hailed as a rent-to-rent success story has put his company StayBC Ltd into liquidation, owing creditors nearly �1.5 million.<br><br>Newport-based Ben Brand charted his rapid rise on social media, describing his introduction to the property sector after atte
Like almost all industries the housing market is increasing its efforts to tackle climate change. Households account for 40% of the UKs carbon footprint and the government has forced landlords to move more quickly than others, and from 2025, all properties in the private rent
Practical ways landlords can boost property energy efficiency, cut costs, and meet EPC rules.
Landlords have been warned about the legal pitfalls of offering a home to Ukrainians fleeing the war. The governments newly launched Homes for Ukraine scheme lets individuals and businesses �360 a month to provide a spare room or separate self-contained accommodation for ref
Business rates or non-domestic rates are a variant of a 500-year-old tax, the current version of which was introduced in 1990 to fund local services based on property values, raising approximately �25 billion a year. RVA Surveyors are business rates reduction specialists who ha
Labour councillors in Hartlepool campaigning to restrict HMOs in the town have been told to find evidence of problems caused by shared properties. <figure id="" class="w-richtext-figure-type- " data-rt-type="" data-rt-align=""><div><img src="https://cdn.prod.website-files.com/63bef2f3c329ef
Thats the prediction made by the Economist Intelligence Unit (EIU) and banking software company, Temenos. Temenos AG is a company specialising in enterprise software for banks and financial services headquartered in Geneva, Switzerland. An overwhelming proportion of European
A new four-part ITV drama series starting tonight is based around title fraud which can rob you of your property. Downton Abbey actress Tuppence Middleton and Line of Duty star actor Martin Compston portray a couple who become victims of the little-known crime of house hijacking
