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Government reveals intiative to build 3,000 rented homes

Government reveals intiative to build 3,000 rented homes

News

The Government is to become a significant provider of affordable private sector rental homes with plans to build some 3,000 units under a new name, Habiko.

Landlord pays a high price after forgetting to chase up licence

Landlord pays a high price after forgetting to chase up licence

News

A landlord who forgot to chase up a licencing application for her rented property in London has paid a heavy price for her mistake after being ordered to return rent totalling £11,245 to her tenants.

Property licencing schemes should last for ten years, MPs are told

Property licencing schemes should last for ten years, MPs are told

News

Comment has been made the Chartered Institue of Health Officers, which says such schemes should be the key tool for improving PRS home quality.

No change to CGT - but four landlords say 'we’re out!'

No change to CGT - but four landlords say 'we’re out!'

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Despite the overall good news, many landlords have remained in brace position and have reached out to exit the market and sell their buy-to-lets.

Stamp duty increase 'will reduce investment in private rented sector'

Stamp duty increase 'will reduce investment in private rented sector'

News

Property auctioneers gave revealed its concerns about the Chancellor’s decision to raise Stamp Duty for those who purchase buy-to-let properties.

Prince William to 'upgrade estate' featuring mouldy rental homes

Prince William to 'upgrade estate' featuring mouldy rental homes

News

Prince William has promised to upgrade the private rental properties he rents out via the Duchy of Cornwall after reports over the weekend.

Tenant activists call for 'harsher' renting reform bill

Tenant activists call for 'harsher' renting reform bill

News

A lobbying group for renters’ rights is hoping to persuade MPs to make the Government’s renting reform legislation regulated landlords even harder.

COMMENT: Autumn Budget 2024

COMMENT: Autumn Budget 2024

News

Investors, business owners, landlords and pension savers were braced for a painful attack on their assets, gains and savings

Scotland to limit rent rises to official inflation rate

Scotland to limit rent rises to official inflation rate

News

The Scottish Government has announced a new inflation-linked rent cap in its Housing Bill in a bid to balance supporting tenants with protecting landlords’ property rights.

Leading research institute slams Chancellor over stamp duty hike

Leading research institute slams Chancellor over stamp duty hike

News

The Institute for Fiscal Studies (IFS) has slammed the Stamp Duty rise for landlords, warning that tenants will suffer as a result of the Budget announcement.

Bringing back empty rental homes should be 'biggest priority' says landlord

Bringing back empty rental homes should be 'biggest priority' says landlord

News

Landlords should be encouraged to renovate and repurpose their empty properties to help resolve the housing crisis, according to one landlord.

Landlord to return deposit after odd attempt to charge for letters

Landlord to return deposit after odd attempt to charge for letters

News

A landlord has failed in a bizarre attempt to withhold her tenant’s deposit by billing hundreds of pounds for writing letters and taking photographs.

New Local Housing Allowance freeze is 'nonsensical' say landlords

New Local Housing Allowance freeze is 'nonsensical' say landlords

News

The government’s decision to freeze housing benefit rates next year, leaving private tenants facing financial hardship, has been labelled “nonsensical”.

Autumn Budget – A Halloween Horror Story

Autumn Budget – A Halloween Horror Story

News

After a huge amount of speculation in the press we can finally report what the new Labour Government has decided to do (and not to do) on the tax front

Stamp duty hike will add £7,000 to each purchase for landlords

Stamp duty hike will add £7,000 to each purchase for landlords

News

Landlords will face an additional average charge of more than £7,000 from tomorrow when buying a property thanks to an uplift in Stamp Duty charges.

'If the Budget delivers stability, the property sector will benefit'

'If the Budget delivers stability, the property sector will benefit'

Opinion

Nick Lyons, chief executive of inventory experts No Letting Go give his view on the measures announced yesterday in parliament by Rachel Reeves.

ANALYSIS: What does stamp duty hike mean for landlords?

ANALYSIS: What does stamp duty hike mean for landlords?

News

The Labour Government has ramped up its increasingly anti-landlord policies by increasing the stamp duty they pay when buying rental properties from 3% to 5%.

Stamp duty hike hits landlords with 5% second home rate

Stamp duty hike hits landlords with 5% second home rate

News

Chancellor Rachel Reeves increases stamp duty surcharge to 5% for second homes and buy-to-let properties, effective from 31 October 2024.

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Big questions still need answering over 'pet renting rights', senior figure warns

Big questions still need answering over 'pet renting rights', senior figure warns

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A senior property figure has both welcomed this week's Government announcement that guidance is imminent on how the pets element of its looming renting reforms will work but warned several problem areas need clearing up. Timothy Douglas (main picture), who is Head of Policy and

Rent cap and evictions ban forcing landlords out say 83% of Scots agents

Rent cap and evictions ban forcing landlords out say 83% of Scots agents

News
News
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Propertymark says Scotlands emergency legislation is alienating landlords, discouraging investment, inhibiting supply, and causing rents to rise faster. It reports that while most landlords cant evict tenants following the Cost of Living Act extension, those with tenancies

Labour offers cheap loans to first‑time buyers, not landlords

Labour offers cheap loans to first‑time buyers, not landlords

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News
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Labour's Lisa Nandy proposes a mortgage guarantee scheme to help first-time buyers and limit landlord purchases, aiming to boost homeownership.

Government's war on landlords causing havoc in the rental market

Government's war on landlords causing havoc in the rental market

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News
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Britains demented war on landlords has already backfired�, says Daily Telegraph columnist Matthew Lynn, and There is no sign whatsoever that the Government realises it is to blame,� he says. Furthermore Mr Lynn says that the chaos in the rental market

Free service launches that saves landlords energy costs during voids

Free service launches that saves landlords energy costs during voids

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News
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A void energy solution and switching service for 'end of tenancy' promises to trim pounds from landlords bills. Empty rental properties incur a range of standing charges that average between 10p and 80p per day for electricity and from 5p to 60p per day for gas, averaging out

ELECTIONS: 'Get political and quiz candidates' landlords are told

ELECTIONS: 'Get political and quiz candidates' landlords are told

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News
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Landlords should do their homework before voting in the local elections next week and take the chance to quiz candidates on issues affecting the PRS, advises Leaders Romans Group (LRG). It points to a number of pressing local issues which can be determined

WARNING: Landlords have just five weeks to comply with new Welsh renting laws

WARNING: Landlords have just five weeks to comply with new Welsh renting laws

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News
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Landlords have until 1st June to comply with the new and relatively convoluted Rented Homes Wales legislation following its introduction last December. Under the new law, standard contracts have replaced assured shorthold tenancies a

Block managers under fire over 'large commissions' paid to them by insurance firms

Block managers under fire over 'large commissions' paid to them by insurance firms

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News
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Companies selling multi-occupancy insurance will have to act in leaseholders best interests under new proposals from the Financial Conduct Authority (FCA). It is demanding new rights and protections to improve the transparency of the multi-occupancy leasehold buildings insura

EXCLUSIVE: Jersey landlord leader slams rent controls and 'open' tenancies plan

EXCLUSIVE: Jersey landlord leader slams rent controls and 'open' tenancies plan

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News
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Jersey has launched a consultation into sweeping reforms including rent controls and open-ended tenancies, prompting fears that they could force more private landlords to quit the sector. The islands government aims to increase protections for both tenants and landlords

OPINION: Landlords and agents had a chance to avoid licensing, and blew it

OPINION: Landlords and agents had a chance to avoid licensing, and blew it

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News
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It is not unusual to hearletting agents and their landlord clients complaining that operating within theprivate rented sector is has become increasingly tangled with red tape.

WARNING: Money lost to 'investment scams' rises to £144 million

WARNING: Money lost to 'investment scams' rises to £144 million

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News
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The public has been warned to be vigilant following a new report that shows the number of people relieved of their savings by ‘investment scams’ has increased by value for the first time since 2021, reaching £144 million.

'Blue-rinse' seaside resort seeks to restrict number of HMOs

'Blue-rinse' seaside resort seeks to restrict number of HMOs

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The borough council’s planning committee will vote on whether to introduce an Article 4 direction next week.

Council secures criminal conviction for landlord over unlicensed HMO

Council secures criminal conviction for landlord over unlicensed HMO

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News
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A West Sussex landlord has been prevented from letting out HMOs after he admitted operating an unlicensed property.

Landlords WILL be allowed to raise rents to pay for EPC upgrades

Landlords WILL be allowed to raise rents to pay for EPC upgrades

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News
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Despite Energy Secretary Ed Miliband’s insistence that rents hadn’t increased when standards were raised during previous initiatives, Justice Minister Sarah Sackman has now said there are grounds for “higher market rents”.

Landlord £10,000 out of pocket as DWP rules complicated payments

Landlord £10,000 out of pocket as DWP rules complicated payments

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A tenant has built up more than £10,000 in rent arrears after the Department of Work and Pensions (DWP) refused to accept her landlord’s word that the rent had increased.

Number of planning permissions for HMOs declines across UK

Number of planning permissions for HMOs declines across UK

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Report from digital planning portal suggests public fight-back against HMOs and higher taxes for landlords are beginning to bite.

US activist urges British tenants to withhold rents and resist 'despotic landlords'

US activist urges British tenants to withhold rents and resist 'despotic landlords'

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Radical renting campaigners have written a new book that aims to inspire the end of UK landlords’ “despotic control” over tenants.

Famous seaside town plans enlarged £784 landlord licensing scheme

Famous seaside town plans enlarged £784 landlord licensing scheme

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The Norfolk seaside town of Great Yarmouth has revealed plans to introduce a five-year selective licensing scheme for rented properties in three key wards.

Landlord jailed after stealing from lettings agency

Landlord jailed after stealing from lettings agency

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A landlord who worked as an estate agent assistant has been jailed for stealing more than £167,000 from her employer, it has been reported.

Bailiffs urge frustrated landlords to take eviction survey

Bailiffs urge frustrated landlords to take eviction survey

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News
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Landlords have been urged to share their experiences of being hit by County Court delays when evicting tenants.

Big land owners say leasehold reform 'incompatible with their human rights'

Big land owners say leasehold reform 'incompatible with their human rights'

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News
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Leaseholders have failed in their attempt to stop freeholders from challenging the Leasehold and Freehold Reform Act.

Landlords welcome report critical of Welsh regulator

Landlords welcome report critical of Welsh regulator

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A critical report on the performance of Welsh landlord and agent regulator Rent Smart Wales has been welcomed after it highlighted both uneven enforcement levels and its ‘abrasive’ communication style.

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

OFFICIAL: 24% of landlords looking to sell up this year

OFFICIAL: 24% of landlords looking to sell up this year

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News
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A data gathering exercise by the Government has highlighted new and sometimes surprising facts about the UK’s landlords and their properties, including why a quarter are plannig to sell of properties over the next 12 months.

Making commonhold default tenure will have 'unintended consquences'

Making commonhold default tenure will have 'unintended consquences'

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A leading leasehold expert has warned that commonhold reforms will hit property values and shift costs onto individual flat owners including those belonging to private landlords.

Landlord's electricity meter switch off 'nightmare' highlights big problems

Landlord's electricity meter switch off 'nightmare' highlights big problems

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A Glasgow landlord fears his tenants could be left without heating or hot water after his energy supplier delayed replacing their Radio Teleswitch Service (RTS) meter.