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NEW: Shocking lack of rental supply now dogging the 'spare room' market too

NEW: Shocking lack of rental supply now dogging the 'spare room' market too

News

Demand for shared rooms is at an all-time high, while supply has hit a nine-year low, according to flat share site SpareRoom. The shocking figures have also led to average monthly room rents reaching record highs and increasing across every UK region in Q3 2022; Scotland is up 2

LATEST: 'Landlords quitting Airbnb short-lets as strict Scots rules kick in'

LATEST: 'Landlords quitting Airbnb short-lets as strict Scots rules kick in'

News

AirBnb owners are switching to long term lettings following changes to Scotlands short-term lets laws, according to a leading property firm. In a reverse of the recent trend thats seen scores of landlords ditch tenancies for holiday lets, DJ Alexander says it has been appr

Council tax re‑banding of HMOs ‘a huge blow for tenants’

Council tax re‑banding of HMOs ‘a huge blow for tenants’

News

Council tax re‑banding HMOs sparks fury—MP warns Truss-era reclassification in 50+ towns deals tenants a blow.

Truss reveals banning Section 21 evictions WILL go ahead despite yesterday's leak

Truss reveals banning Section 21 evictions WILL go ahead despite yesterday's leak

News

The Prime Minister has scotched rumours yesterday that she intends to U-turn on the previous Conservative governments commitment to get rid of Section 21 no-fault evictions. During a packed Prime Ministers Questions in the Commons this morning, she confirmed in a ter

Lloyds Bank provides �180mn for buy-to-let lender

Lloyds Bank provides �180mn for buy-to-let lender

News

Lloyds bank has entered into a �180million financial partnership with specialist buy-to-let lender, LendInvest PLC. The lenders partnership with the leading high street retail bank will be a boost to the innovative lenders business, helping the AIM listed company grow its buy-to-let

Times political editor claims Section 21 evictions ban to be 'shelved' by Truss

Times political editor claims Section 21 evictions ban to be 'shelved' by Truss

News

A tweet by the political editor of The Times newspaper has claimed that Liz Truss is about to U-turn on abolishing Section 21 evictions. Steven Swinfordhttps://twitter.com/Steven_Swinford/status/1579586149999181824" took to the social media

Dealing with damp: Landlord and tenant duties

Dealing with damp: Landlord and tenant duties

Information

Guidance for landlords and tenants on addressing dampness, condensation, and mould issues, covering responsibilities and prevention strategies.

Scottish government pursues rent controls with a vengeance

Scottish government pursues rent controls with a vengeance

News

Holyrood MSPs yesterday passed through emergency legislation to freeze most rents until the end of March 2023. The legislation was on a fast track from earlier this week and passed its final stage yesterday. After hearing that some residential rents had increased by up to 30 per

Updated: new 'How to Rent'� guide is to be issued soon

Updated: new 'How to Rent'� guide is to be issued soon

News

Following recent changes to legislation The Department for Levelling Up, Housing and Communities (DHLUC) is expected to issue an updated version of the renters https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/942503/6.6642_MHCLG_

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Rogue estate agents pay heavy price for ignoring redress scheme

Rogue estate agents pay heavy price for ignoring redress scheme

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News
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Nearly 50 estate agencies were expelled from the Property Redress scheme during a six month period last year, the organisation has revealed

Law Commission rules out major change to security of tenure rules for commercial leases

Law Commission rules out major change to security of tenure rules for commercial leases

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News
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The Law Commission has published an interim report on its initial conclusions about security of tenure for business leases

Why can't all licensing schemes cost just £230 - this NW one does

Why can't all licensing schemes cost just £230 - this NW one does

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News
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Landlords in Wirral might not welcome yet another selective licensing scheme, but a reduced £fee will make it one of the cheapest in UK.

Landlord banned by Tribunal after 'outrageous' safety failings

Landlord banned by Tribunal after 'outrageous' safety failings

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News
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A landlord in Aberdeen has been banned for failing to repair dangerous electrics in his rental property.

BIG SHIFT: Many young landlords 'don't own their own homes'

BIG SHIFT: Many young landlords 'don't own their own homes'

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News
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Growing numbers of young people in the UK now prefer to invest in rental properties than buy their own home, an estate agency has claimed.

Third of UK adults say BTL 'safest' way to build long-term wealth

Third of UK adults say BTL 'safest' way to build long-term wealth

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News
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Despite the sometimes hostile environment endured by current landlords, a third of UK adults aspire to invest in buy-to-let to build their long-term prosperity.

New independent report tracks BTR's huge growth

New independent report tracks BTR's huge growth

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News
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The first independent report into the build-to-rent (BTR) sector has tracked huge growth in urban areas and city centres where it’s taking up the slack from traditional landlords.

Scotland consults on minimum EPC band C for rented homes

Scotland consults on minimum EPC band C for rented homes

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News
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The Scottish Government has launched a consultation on its plans to introduce a minimum EPC level for rented homes.

TV show seeks landlords happy to settle tenant disputes on camera

TV show seeks landlords happy to settle tenant disputes on camera

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News
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Landlords seeking to recoup money from tenants now have an alternative to a lengthy and expensive battle through the courts.

House price growth steady despite stamp duty changes

House price growth steady despite stamp duty changes

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News
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House price growth remained steady last month, but is expected to soften in the coming months as the stamp duty holiday comes to an end.

Third of landlords plan to sell in next year, says Landbay

Third of landlords plan to sell in next year, says Landbay

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News
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More than a third of landlords plan to offload some of their rental properties in the next 12 months, according to a new survey.

Avoid repeat of rent restrictions, urges Scottish lawmakers

Avoid repeat of rent restrictions, urges Scottish lawmakers

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News
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Letting agents have urged Scottish lawmakers not to repeat the mistake of restricting rents that has ultimately increased costs for tenants.

Scotland raises £13M/week in property tax revenue

Scotland raises £13M/week in property tax revenue

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News
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Almost £13million a week was raised in property taxes for the Scottish Government, new analysis has revealed.

Student rents may surge due to renters’ rights bill

Student rents may surge due to renters’ rights bill

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News
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Landlords warn that the Renters' Rights Bill could drive student rents higher.

Landlords could face CGT hike if economy dips, IFS warns

Landlords could face CGT hike if economy dips, IFS warns

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News
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Landlords could face a hike in Capital Gains Tax (CGT) if the economy dips before the Autumn Budget, the Institute of Fiscal Studies (IFS) has warned.

The Making Tax Digital net is closing on landlords

The Making Tax Digital net is closing on landlords

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News
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Making Tax Digital rules expand—what landlords need to know before mandatory compliance arrives.

With the RRB on the horizon, is it better to manage your rental yourself or hire an agent?

With the RRB on the horizon, is it better to manage your rental yourself or hire an agent?

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A letting agent ensures compliance with the Renters' Rights Bill and simplifies property management.

Choice of BTL mortgage deals hits record high

Choice of BTL mortgage deals hits record high

News
News
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Landlords searching for a new deal will find the choice of buy-to-let mortgages has hit a record high, with 3,860 products available.

Spring statement fails to address rental crisis, NRLA says

Spring statement fails to address rental crisis, NRLA says

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News
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NRLA says Spring Statement failed to address the escalating UK rental crisis.

Landlords see profits soar from downsizing “loophole”

Landlords see profits soar from downsizing “loophole”

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Landlords are profiting by selling before the Renters' Rights Bill, then reinvesting in post-Bill bargains.

Landlords are being brought "into line” - but more needs to be done to tackle PRS pressures, suggests Labour MP

Landlords are being brought "into line” - but more needs to be done to tackle PRS pressures, suggests Labour MP

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News
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The Government has started to “bring landlords into line”, but more needs to be done to tackle the pressures in the private rented sector, a Labour MP has suggested.

One in five tenants borrow money for their deposit

One in five tenants borrow money for their deposit

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News
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One in five renters has borrowed money that needs to be paid back for their five-week cash deposit, putting them in a precarious financial position before moving in.

Landlords struggling with “needlessly complex” HMO licence renewal applications are selling up

Landlords struggling with “needlessly complex” HMO licence renewal applications are selling up

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News
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Landlords struggling with “needlessly complex” HMO licence renewal applications are fed up and selling up, according to Portsmouth & District Landlords Association (PDPLA).

Search for Landlord of the Year begins

Search for Landlord of the Year begins

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News
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The search is on for Landlord of the Year as part of this year’s LIS (Landlord Investment Show) Awards.

Landlords must use new digital tax software, the Chancellor confirms

Landlords must use new digital tax software, the Chancellor confirms

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News
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Landlords will have to use the new Making Tax Digital for Income Tax Self-Assessment system, the Chancellor has confirmed.

Spring statement misses opportunity for landlords

Spring statement misses opportunity for landlords

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News
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The Spring Statement proved a missed opportunity for landlords and stamp duty, it has been suggested.

Tenants warned to know their rights after Chancellor announces more new homes

Tenants warned to know their rights after Chancellor announces more new homes

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News
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Tenants have been warned to know their rights following Chancellor Rachel Reeves’ announcement of a £2billion investment in 18,000 new social and affordable homes.

Scottish landlords weigh rent hikes against void risks

Scottish landlords weigh rent hikes against void risks

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News
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Scottish landlords advised to balance rent increases with potential void periods post-cap removal; market conditions and tenant challenges considered.

Concerns raised about whether new planning reforms go far enough to address housing shortage

Concerns raised about whether new planning reforms go far enough to address housing shortage

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News
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Concerns about whether new planning reforms go far enough to address the country’s housing shortage have been raised by estate agents.

Labour pressured to remove guarantor rights for landlords

Labour pressured to remove guarantor rights for landlords

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News
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Homelessness charities are requesting amendments to the Renters’ Rights Bill that would severely limit landlords’ right to use guarantor agreements

Inflation dips to 2.8%, boosting hopes of interest rate cuts

Inflation dips to 2.8%, boosting hopes of interest rate cuts

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News
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Inflation has dipped, boosting mortgage borrowers’ hopes of more interest rate cuts.

Average asking rents have risen to £557 a week, new Foxton figures have revealed.

Average asking rents have risen to £557 a week, new Foxton figures have revealed.

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News
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Average asking rents have risen to £557 a week, new Foxton figures have revealed.

Flat sales stall amid lack of meaningful progress on unsafe cladding repairs, estate agents warn

Flat sales stall amid lack of meaningful progress on unsafe cladding repairs, estate agents warn

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News
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Many flat sales are stalling due to a lack of meaningful progress on unsafe cladding repairs, estate agents have warned.

Landlords invited to boost business at training day

Landlords invited to boost business at training day

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News
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Landlords are being invited to a “five-star training day” to help them navigate the biggest changes in the rental market for 30 years.