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OFFICIAL: Rent increases hit record high of 9.2% year-on-year

OFFICIAL: Rent increases hit record high of 9.2% year-on-year

News

The rate at which rents have been rising has increased across the UK to record levels, official figures reveal today.

Letting agents call for radical action to solve rental housing crisis

Letting agents call for radical action to solve rental housing crisis

News

A group representing letting agents has slammed the chaotic growth of the private rented sector in recent years, calling for radical changes to solve the rental housing crisis this has created.

Jersey launches island-wide selective licencing scheme

Jersey launches island-wide selective licencing scheme

News

All Jersey’s landlords will need a licence from the beginning of next month after the Island’s government launched a scheme to improve standards in the PRS.

Average rent arrears jump 27% to £1,800 in a year

Average rent arrears jump 27% to £1,800 in a year

News

Average rent arrears owed by tenants to landlords have climbed by 27% so far this year, new data reveals.

Minister slams gas boiler suppliers over price rises

Minister slams gas boiler suppliers over price rises

News

The government has urged the Competition and Markets Authority (CMA) to review the boiler supply market amid fears that a lack of competition is leading to higher prices.

Evictions expert calls for national 'rogue tenant' database

Evictions expert calls for national 'rogue tenant' database

News

Evictions expert Paul Shamplina has called for a rogue tenant database to be established, pointing out that bad letting agents and landlords face being named and shamed via official schemes, but tenants do not.

Protestors slam 'landlord lobby' outside Gove's London home

Protestors slam 'landlord lobby' outside Gove's London home

News

Rental reform campaigners have staged a protest outside Michael Gove’s official residence in central London, calling on the housing secretary to implement his promised Section 21 evictions ban.

Campaigners blame Section 21 evictions for homelessness rise

Campaigners blame Section 21 evictions for homelessness rise

News

More than 84,000 households have been put at risk of homelessness due to no-fault evictions since 2019, renting campaigners have claimed.

Landlords: we’ll sell your buy-to-let properties, fast, for the best price

Landlords: we’ll sell your buy-to-let properties, fast, for the best price

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As we enter April it’s been a mixed bag for landlords, with many “nervous" landlords looking to sell amidst a growing apprehension of market conditions and general elections.

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Understanding the challenges in the commercial property market

Understanding the challenges in the commercial property market

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A crisis in the making? Will commercial property owners come through the looming debt repayment crisis unscathed?

Leasehold reforms fail to solve most problems, says expert

Leasehold reforms fail to solve most problems, says expert

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News
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Leaseholders won’t see all the hoped-for benefits from the Leasehold and Freehold Reform Bill unless significant changes are made, according to a leading expert.

Rogue landlord fined thousands after refusing to fix broken stairs

Rogue landlord fined thousands after refusing to fix broken stairs

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News
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A rogue landlord who failed to repair serious safety hazards in his property has been ordered to pay more than £3,000.

'More carrot' for landlords to improve energy efficiency urges mortgage boss

'More carrot' for landlords to improve energy efficiency urges mortgage boss

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News
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The Government must use ‘carrot’ as well as ‘stick’ policies as it attempts to improve the energy efficiency of the private rented sector, a leading mortgage broker as claimed.

Could you win through in the ultimate landlord knowledge quiz?

Could you win through in the ultimate landlord knowledge quiz?

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News
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How often do a property’s electrical tests have to be completed? What’s the minimum EPC level for a property to legally rented out? What’s the difference between a large and small HMO?

Landlord to pay tenants £10,000 in unusual licencing case

Landlord to pay tenants £10,000 in unusual licencing case

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News
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A landlord who claimed unsuccessfully that he had been deceived by his tenants has been handed a £9,745 rent repayment order.

Council widens £695 selective licencing for landlords

Council widens £695 selective licencing for landlords

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News
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All private landlords in parts of Scarborough will have to get a selective licence from 1st June under council plans to tackle poor quality accommodation and anti-social behaviour.

Landlords in NI told to renew national licence or face big fine

Landlords in NI told to renew national licence or face big fine

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News
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Landlords in Northern Ireland are being reminded to renew their registration or face a heavy fine. 

MP slams Airbnb for 'clearing out' longer-term lets

MP slams Airbnb for 'clearing out' longer-term lets

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News
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Former Lib Dems leader Tim Farron has slammed Airbnb and other holiday lets platforms for creating a ‘clearance’ of long-term rental homes from his Lakeland constituency.

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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News
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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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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.

Landlord avoids £29K rent repayment order after tribunal ruling

Landlord avoids £29K rent repayment order after tribunal ruling

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A landlord has avoided a £29,000 rent repayment order after a First Tier Property Tribunal ruled that he had been the victim of administrative failings by Southwark Council.

Renters' Rights Bill to be discussed by expert panel at National Landlord Investment Show

Renters' Rights Bill to be discussed by expert panel at National Landlord Investment Show

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News
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The huge changes that the Renters' Rights Bill will introduce for private landlords will be addressed by a panel of top experts at this year’s National Landlord Investment Show.