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Inflation rate surprise to delay mortgage interest rate drop for landlords

Inflation rate surprise to delay mortgage interest rate drop for landlords

News

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.

Record rent rises revealed by latest official PRS data

Record rent rises revealed by latest official PRS data

News

UK rents increased by 6.2% in the year to December 2023 - the joint highest annual percentage change since 2016.

MPs told Commonhold is best replacement for leasehold

MPs told Commonhold is best replacement for leasehold

News

Experts and campaigners giving evidence to the Leasehold and Freehold Reform Bill committee have endorsed a commonhold system.

Landlord slams 'over the top' DWP demands on tenants

Landlord slams 'over the top' DWP demands on tenants

News

Tenants across the UK are being asked to comply with an extensive fraud checklist to confirm their eligibility for Universal Credit.

Landlords in Wales not obliged to flag homelessness risk

Landlords in Wales not obliged to flag homelessness risk

News

Propertymark has welcomed the Welsh government’s commitment that private landlords shouldn’t have to refer tenants at risk of homelessness.

Family build-to-rent urged to meet PRS shortfall

Family build-to-rent urged to meet PRS shortfall

News

Up to one million new rental homes will be needed to accommodate growing demand by 2031, particularly from young families, across England and Wales.

Fewer tenancies trigger letting agency closures

Fewer tenancies trigger letting agency closures

News

Almost 2,000 letting agent branches shut up shop last year which meant 2023 ended with 659 fewer branches on the high street.

Funding concerns continue to stall retrofit plans

Funding concerns continue to stall retrofit plans

News

Nearly a fifth of landlords believe the government should prioritise better access to finance so they can carry out retrofitting plans.

More landlords in cost-saving drive to incorporate

More landlords in cost-saving drive to incorporate

News

A record 50,004 limited BTL companies were set up last year, driven by landlords looking to shelter themselves from higher interest rates.

Landlords told to fix mouldy homes within 24 hours 

Landlords told to fix mouldy homes within 24 hours 

News

Michael Gove says that under Awaab’s Law, social housing landlords must deal with condensation issues without delay.

What is in store for landlords in 2024?

What is in store for landlords in 2024?

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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.

Court agrees a vital new 'green lease' clause

Court agrees a vital new 'green lease' clause

News

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

Tribunal rules tenant at fault for safety check breach

Tribunal rules tenant at fault for safety check breach

News

A landlord who was unable to conduct an electrical safety check due to his hoarding tenant has had a £3,500 fine quashed.

Commercial landlords to get more EPC breathing space

Commercial landlords to get more EPC breathing space

News

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.

Tech tie-up helps tenants report rent payments

Tech tie-up helps tenants report rent payments

News

CreditLadder has teamed up with Digital ID Connect so app users can report rental payments into credit reference agencies.

Rent fall 'no breakthrough' in challenging market

Rent fall 'no breakthrough' in challenging market

News

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.

No law on cards for private landlords to tackle mould

No law on cards for private landlords to tackle mould

News

The government has rejected calls for private landlords to be given similar deadlines to the social housing sector for dealing with damp and mould.

New year brings change in top jobs at NRLA

New year brings change in top jobs at NRLA

News

The NRLA has made two top-level appointments to bolster its service at the start of a crucial year.

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TV presenter warns landlords over Ofgem's eletricity meter 'cliff face'

TV presenter warns landlords over Ofgem's eletricity meter 'cliff face'

News
News
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Landlords have been warned to swap their Radio Teleswitch Service (RTS) meters at rental properties by 30th June or face possible legal action.

Is Scotland getting ready for its own EPC minimum for landlords?

Is Scotland getting ready for its own EPC minimum for landlords?

News
News
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Opinion
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The Scottish Government is to upgrade its Energy Performance Certificates (EPC) system.

Government raises legal aid fees for tenants' eviction solicitors

Government raises legal aid fees for tenants' eviction solicitors

News
News
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A new consultation has been launched into how tenants at risk of unfair eviction could benefit from a £20 million a year boost in legal aid.

Rogue tenant prosecuted after running barking business from filthy home

Rogue tenant prosecuted after running barking business from filthy home

News
News
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Opinion
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A rogue tenant has been prosecuted for running an illegal dog breeding service inside her filthy rented property.

Falling rates trend brings surge in demand for commercial property investment

Falling rates trend brings surge in demand for commercial property investment

News
News
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Commercial property portal Rightmove sees a 28% increase across all sectors

Government kicks dozens of eco installers off schemes used by landlords

Government kicks dozens of eco installers off schemes used by landlords

News
News
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The Energy Company Obligation 4 (ECO4) and Great British Insulation Scheme - used by landlords to insulate homes - have been hauled up for fitting substandard solid wall insulation.

High Court: DWP must consult UC tenants before rent deductions

High Court: DWP must consult UC tenants before rent deductions

News
News
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Opinion
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High Court rules DWP must consult Universal Credit tenants before deducting rent arrears — a significant shift for landlords.

MPs grill Angela Rayner over Local Housing Allowance freeze

MPs grill Angela Rayner over Local Housing Allowance freeze

News
News
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Opinion
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MPs are continuing to press Housing Secretary Angela Rayner about the impact of freezing Local Housing Allowance rates on families in the PRS.

New HMO yields report reveals best regions for yields

New HMO yields report reveals best regions for yields

News
News
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Information

The North East offers BTL investors the best HMO rental yields in the UK, with the highest rental income to be found in the South East.

Minister insists tenants will have pick of pet insurance policies

Minister insists tenants will have pick of pet insurance policies

News
News
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The government has rejected calls to introduce an additional pet damage deposit as part of the Renters’ Rights Bill.

Starmer's migrant housing scheme pushes landlords to jump on a profit-making opportunity

Starmer's migrant housing scheme pushes landlords to jump on a profit-making opportunity

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News
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Starmer’s migrant housing scheme and incoming legislation are pushing landlords to rethink their strategy. With market prices still high, smart landlords are selling underperforming properties now to reinvest later when prices drop. Landlord Sales Agency offers a fast, profitable way to sell and sta

Rent control exemptions could hurt private landlords

Rent control exemptions could hurt private landlords

News
News
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Information

Exempting build-to-rent developers from future rent controls in Scotland could result in a two-tier market and an unworkable system.

Half capital's short let owners flout law to boost income

Half capital's short let owners flout law to boost income

News
News
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Opinion
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The government has been urged to clamp down on central London’s short let sector after new research found at least half were being rented out unlawfully.

Give landlords more time to improve EPC or risk rental shortages, says bank

Give landlords more time to improve EPC or risk rental shortages, says bank

News
News
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A proposed 2030 deadline won’t give landlords time to get their properties to EPC C and could cause them to quit, according to Paragon Bank.

Landlord pays a high price for ignoring HMO rules - £11,000

Landlord pays a high price for ignoring HMO rules - £11,000

News
News
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A landlord who failed to license his unsafe and overcrowded HMO has failed in his bid to have a £11,000 fine dismissed.

GUIDE: What to do as energy costs go through the roof

GUIDE: What to do as energy costs go through the roof

Information
News
Podcast
Opinion
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Energy costs are a major concern for landlords and tenants. Save on energy consumption and make your tenants’ homes more comfortable

HMO landlords 'culpable' as council tackles fly-tipping epidemic

HMO landlords 'culpable' as council tackles fly-tipping epidemic

News
News
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Opinion
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A leading London council has revealed plans to clamp down on HMOs and the ‘fly tipping’ and rubbish their residents create, and has pointed the finger at both landlords and letting agents for not doing enough to stop the problem.

Minister says 'more powers to regulate holiday let landlords' may be needed

Minister says 'more powers to regulate holiday let landlords' may be needed

News
News
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Housing minister Matthew Pennycook has hinted that extra powers to stop holiday lets and second homes may be needed - including planning permission.

Big London council launches 'tenants' rights' charter

Big London council launches 'tenants' rights' charter

News
News
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Westminster City Council has launched a tenants’ charter aimed at helping private renters better understand their rights, improve living standards, and access support services.

Landlord fighting licensing 'overeach' urges YOU to get behind new petition

Landlord fighting licensing 'overeach' urges YOU to get behind new petition

News
News
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A Portsmouth landlord has launched an online petition in a bid to stop councils using heavy-handed criteria when designing selective licensing schemes.

Is this councillor offering Britain's most generous landlord deal?

Is this councillor offering Britain's most generous landlord deal?

News
News
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Private landlords are being offered attractive letting and leasing deals by the Royal Borough of Greenwich in a bid to tackle its housing crisis.

Landlords to get access to 'expanded boiler upgrade scheme'

Landlords to get access to 'expanded boiler upgrade scheme'

News
News
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Landlords could get more choice about what type of energy efficient upgrades they fit in their properties under the government’s Warm Homes Plan.

HMRC warns landlords off CGT avoidance schemes and closes loopholes

HMRC warns landlords off CGT avoidance schemes and closes loopholes

News
News
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Information

HMRC has made the unusual step of warning landlords not to use widely-routed tax avoidance schemes which it says are being marketed to buy-to-let investors as a way to save Capital Gains Tax.

Seven out of ten tenants haven’t heard of the Renters’ Rights Bill

Seven out of ten tenants haven’t heard of the Renters’ Rights Bill

News
News
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A whopping 69% of renters haven’t heard of the Renters’ Rights Bill and 75% don’t understand how it might impact them, a new survey has revealed.

Bailiffs under pressure: The ripple effects of the Renters’ Rights Bill

Bailiffs under pressure: The ripple effects of the Renters’ Rights Bill

News
News
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The Renters' Rights Bill is set to to overhaul the eviction process, with bailiffs increasingly under pressure.

House prices dropped in April as buyers paid thousands more in stamp duty

House prices dropped in April as buyers paid thousands more in stamp duty

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News
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House prices dropped in April as buyers paid thousands more in stamp duty, it has been revealed.

Courts aren't ready for Renters’ Rights Bill, Lords told this week

Courts aren't ready for Renters’ Rights Bill, Lords told this week

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News
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The court system isn’t ready for the Renters’ Rights Bill, it was declared in the House of Lords this week.

Two in five landlords plan to leave the market, survey predicts

Two in five landlords plan to leave the market, survey predicts

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News
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A worrying 39% of landlords will probably exit the market within the next five years, according to the latest poll.

Just 9% of homes sold by landlords in Scotland re-enter PRS market

Just 9% of homes sold by landlords in Scotland re-enter PRS market

News
News
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Only 9% of properties sold by landlords in Scotland in a recent 12-month period returned to the private rented sector, a new survey has found.

Only a fifth of landlords ready for new mandatory sanctions checks

Only a fifth of landlords ready for new mandatory sanctions checks

News
News
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Only a fifth of landlords and letting agents feel prepared for the new mandatory sanctions checks on all landlords and tenants.

Landlords investing in mixed-use property in bid for higher returns

Landlords investing in mixed-use property in bid for higher returns

News
News
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More landlords are investing in mixed-use properties in their quest for more robust returns.

UK rent outside London hits record high of £1,349 monthly

UK rent outside London hits record high of £1,349 monthly

News
News
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The average asking rent of a property outside of London has increased to a new record £1,349 a month, new data reveals.

Housing market cools as more properties hit the market

Housing market cools as more properties hit the market

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News
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The number of homes for sale has reached a new height as demand among house hunters “cools”, it has been revealed.

COMMENT: How do you get started investing in property?

COMMENT: How do you get started investing in property?

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How do you get started investing in property? A recent post on our LandlordZONE Forums got me thinking about this question