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HMO sector valued at £78bn with £6.3bn annual rental income

HMO sector valued at £78bn with £6.3bn annual rental income

News

he HMO market has been valued at £78billion and generates annual rental income of £6.3billion.

New landlord channel promises raw take on the industry

New landlord channel promises raw take on the industry

News

Landlords looking for some no-nonsense straight talking about property can tune into Paul Shamplina’s new YouTube channel.

Landlords in Scotland urged to share views on rent controls

Landlords in Scotland urged to share views on rent controls

News

Landlords in Scotland are being asked for their views on rent control exemptions and where rent could be increased above the rent cap.

Why inventories matter more than ever in a post Renters’ Rights Bill world

Why inventories matter more than ever in a post Renters’ Rights Bill world

News

Inventories in a post Renters' Rights Bill world, have never mattered more.

More than one in ten landlords are being pushed out of the buy-to-market, claims new research

More than one in ten landlords are being pushed out of the buy-to-market, claims new research

News

More than one in ten landlords are being pushed out of the buy-to-market, according to new research.

Wealthy homeowners look to rent rather than sell their properties after scrapping of the non-dom tax regime

Wealthy homeowners look to rent rather than sell their properties after scrapping of the non-dom tax regime

News

Many wealthy property owners who are fleeing Britain due to this month’s abolition of the non-dom tax regime are opting to rent out rather than sell their homes

Tenant groups lay into landlords as the Renters’ Rights Bill passes through the Lords

Tenant groups lay into landlords as the Renters’ Rights Bill passes through the Lords

News

Tenant groups have laid into landlords as the Renters’ Rights Bill passes through the Lords.

Landlords encouraged to sign up to HMRC’s testing programme ahead of Making Tax Digital deadline

Landlords encouraged to sign up to HMRC’s testing programme ahead of Making Tax Digital deadline

News

Landlords have been encouraged to sign up to HMRC’s testing programme, with less than a year to go until those earning more than £50,000 need to use Making Tax Digital (MTD) for Income Tax.

The Mortgage Works boosts support for limited company landlords by removing need for all mortgage applicants to be directors

The Mortgage Works boosts support for limited company landlords by removing need for all mortgage applicants to be directors

News

The Mortgage Works has boosted its support for limited company landlords by removing the need for all mortgage applicants to be directors.

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Minister commits to ending leasehold and making commonhold 'default tenure'

Minister commits to ending leasehold and making commonhold 'default tenure'

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Landlords who have properties within ‘problem’ leasehold blocks have been given some good news following housing minister Matthew Pennycook confirmation that Labour will ‘end leasehold’ and make commonhold the ‘default’ tenure before the end of this parliament.

'We're being squeezed out in favour of corporates' says small portfolio landlord

'We're being squeezed out in favour of corporates' says small portfolio landlord

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News
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Smaller landlords are being forced out of the private rental sector in favour of corporate limited companies – and tenants will be the losers, according to one landlord who’s quitting.

Councils fine Midlands landlords £850,000 in ONE month

Councils fine Midlands landlords £850,000 in ONE month

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News
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Three rogue landlords have been fined a total of £403,079 for operating a network of unlicensed and unsafe HMOs, labelled “an orchestrated system of neglect for financial gain”.

We interview landlord blogger Suzanne Smith for our first podcast

We interview landlord blogger Suzanne Smith for our first podcast

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News
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New LandlordZONE podcast features Suzanne Smith sharing her journey from lawyer to full-time portfolio landlord.

HMOs generating highest yields for landlords at 8.34%

HMOs generating highest yields for landlords at 8.34%

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News
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BTL landlords enjoyed average yields of 6.72% in September, up from 6.69% at the end of the second quarter and 6.48% in the previous year.

REVEALED: Key reasons why landlord/tenant relationships sour

REVEALED: Key reasons why landlord/tenant relationships sour

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News
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New report reveals that it doesn't take much to tip a landlord relationship into something that a tenant sees as negative, particularly when landlords are largely portrayed negatively in mainstream media.

10% of homes lacking carbon monoxide alarms

10% of homes lacking carbon monoxide alarms

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News
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Nearly 10 % of rented homes lack CO alarms—landlords face fines up to £5,000 for non-compliance.

HMO landlord loses fine appeal after blaming agent for rules breach

HMO landlord loses fine appeal after blaming agent for rules breach

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News
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An HMO landlord who blamed a guaranteed rent firm for breaching his licence has failed in his bid to overturn a £7,500 fine.

RICS member agents predict growing rental shortages

RICS member agents predict growing rental shortages

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News
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RICS survey predicts growing shortage of rental properties. Demand is predicted to grow while supply declines.

Single-Family Housing market attracts attention amid surge in demand

Single-Family Housing market attracts attention amid surge in demand

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News
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Investors are targeting the Single-Family Housing (SFH) market as the booming sector aims to help fill the PRS shortfall.

Landlord fails in bid to increase tenant’s rent, tribunal rules

Landlord fails in bid to increase tenant’s rent, tribunal rules

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News
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A landlord company has failed in its bid to increase a tenant’s rent by 25% after a First Tier Property Tribunal heard that poor standards would lower the market rent.

NRLA on the road: New events programme to bring the association to you

NRLA on the road: New events programme to bring the association to you

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NRLA launches on-the-road events programme to bring landlord support and training locally.

Landlords turn to HMOs as higher mortgage costs steer them towards larger properties for better returns

Landlords turn to HMOs as higher mortgage costs steer them towards larger properties for better returns

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News
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More landlords are investing in HMOs as higher mortgage costs prompt them to turn to larger properties with better returns.

Landlords' legal action halts licensing scheme

Landlords' legal action halts licensing scheme

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News
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A group of disgruntled landlords in Scunthorpe has succeeded in halting its new selective licensing scheme.

New “crackdown on bad landlords” launched by London council

New “crackdown on bad landlords” launched by London council

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News
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A new “crackdown on bad landlords” has been introduced by a London council.

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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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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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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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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‘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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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.