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Landlords ARE quitting rented sector says Bank of England

Landlords ARE quitting rented sector says Bank of England

News

Bank of England warns landlord exodus from rental sector as taxes and policies drive investors away, worsening housing supply crisis.

Future of private rented sector will be the '15-minute' home say experts

Future of private rented sector will be the '15-minute' home say experts

News

The future of new rented accommodation in the UK will be developments where all facilities including transport, shops and services including schools are all within 15 minutes of a tenants property, it has been claimed. This comment was made during a https://www.savil

NRLA calls on Government to review landlord taxes to stop 'supply crisis'

NRLA calls on Government to review landlord taxes to stop 'supply crisis'

News

Landlords are calling on the Government to review how they are taxed after new figures reveal the devastating impact higher levies are having on the private rented sector. The National Residential Landlords Association (NRLA) says new research conducted on its behalf by co

'Discriminatory' HMO licensing scheme rules slammed by landlords

'Discriminatory' HMO licensing scheme rules slammed by landlords

News

Two out of three HMO landlords in Portsmouth plan to call it quits this year, largely prompted by the launch of an additional licensing scheme in September. Portsmouth & District Private Landlords Associations survey found that this would mean a loss of 348 rooms which, e

Damp and mould investigation reveals 1000s of homes affected

Damp and mould investigation reveals 1000s of homes affected

News

A Government investigation into damp and mould in the social housing sector has disclosed initial findings which show a significant number of homes in the social sector are affected by this problem. On Thursday (2 February) the Regulator of Social Housing (RSH) published a <a hr

Up for a fight? Fundraiser seeks property people to step into the ring

Up for a fight? Fundraiser seeks property people to step into the ring

News

The property industrys Rumble with the Agents charity event is to host its eighth evening of boxing and fund-raising in North London on Thursday 22nd June, it has been announced. <figure id="" class="w-richtext-figure-type- " data-rt-type="" dat

MORTGAGE SHOCK: Bank of England hikes base rate by 0.5% to 4%

MORTGAGE SHOCK: Bank of England hikes base rate by 0.5% to 4%

News

The Bank of England has raised interest rates for the 10th consecutive time as it battles inflation - a move likely to hit thousands of investors with variable rate mortgages and those forced to renew fixed-rate deals. The base rate has gone up by half a percent to 4%, the highe

Councils' frosty reception for HMOs sees number decline in key regions

Councils' frosty reception for HMOs sees number decline in key regions

News

Englands HMO market has shrunk by more than 21,000 properties in the last two years as local councils ramp up planning rules and licensing schemes. Numbers were down by -2.4% to 489,701 last year, having already seen a -1.7% drop in 2021, according to figures from Octane Capi

EXCLUSIVE: Online boss talks candidly about landlords' reluctance to 'go digital'

EXCLUSIVE: Online boss talks candidly about landlords' reluctance to 'go digital'

News

The boss of online lettings platform lettingaproperty.com is determined to overcome landlords inertia to switch from using high street agents. Jonathan Daines admits its a challenge as 95% of landlords still use agents, with the ingrained belief that the online process wil

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Landlord to pay £20,000 after converting house illegally

Landlord to pay £20,000 after converting house illegally

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A Dagenham landlord has been fined more than £20,000 after repeatedly ignoring a planning enforcement notice.

Weaker tenant demand cools off rental market, says Zoopla

Weaker tenant demand cools off rental market, says Zoopla

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Weaker demand and growing affordability pressures have pushed rental growth to a four-year low.

'Fixed term contracts will soon be illegal - are you ready?'

'Fixed term contracts will soon be illegal - are you ready?'

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Landlords are facing one of the private rented sector biggest changes in years when it ends fixed-term tenancy agreements.

Rogue estate agents pay heavy price for ignoring redress scheme

Rogue estate agents pay heavy price for ignoring redress scheme

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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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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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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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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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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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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.

Falling rates trend brings surge in demand for commercial property investment

Falling rates trend brings surge in demand for commercial property investment

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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

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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

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The High Court has ruled that the Department of Work and Pensions acted unlawfully by making deductions from a tenant’s Universal Credit payments to his landlord without first consulting him – a decision which could impact thousands of other claimants.

MPs grill Angela Rayner over Local Housing Allowance freeze

MPs grill Angela Rayner over Local Housing Allowance freeze

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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

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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.

INTERVIEW: Larger portfolio landlords are 'future of the private rented sector'

INTERVIEW: Larger portfolio landlords are 'future of the private rented sector'

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LandlordZONE caught up with Marcus Selmon, Chair of portfolio landlord group PLAN to discuss the state of the private rented sector and the soon-to-be enacted Renters’ Rights Bill from the perspective of his members.

Book Review: How to Become a Successful Property Investor

Book Review: How to Become a Successful Property Investor

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This is a book I wish I’d had available when I first started out on my own property investing career

WARNING: Banning Section 21 will cause 'chaos' unless courts property funded

WARNING: Banning Section 21 will cause 'chaos' unless courts property funded

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The government’s reluctance to properly fund eviction courts could cause chaos once the Renters’ Rights Bill becomes law, a leading lawyer has warned.

SHOCK: Tenants £17,000 in arrears seek £16,800 rent repayment order

SHOCK: Tenants £17,000 in arrears seek £16,800 rent repayment order

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A landlord caught out for having an unlicensed property has managed to get her fine slashed after a First Tier Property Tribunal heard that the tenants owed more than £17,000 in rent.

Leasehold reform takes first steps forward - but it's 'too slow'

Leasehold reform takes first steps forward - but it's 'too slow'

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Landlords who buy leasehold apartments will next month be able to extend the property’s lease without having to wait two years, as it presently the case.

Landlord slams tenant group's 'childish' social post

Landlord slams tenant group's 'childish' social post

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A fed-up landlord has challenged tenants’ union Acorn for using social media to relentlessly bash the PRS without considering the bigger picture.

Should you sell or hold ahead of Renters’ Rights changes?

Should you sell or hold ahead of Renters’ Rights changes?

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The decision to hold onto your rental properties or sell them is more critical than ever – landlords everywhere are taking time to weigh up the balance between risk and profit.

Tenants live in BTR homes for less time than traditional rentals

Tenants live in BTR homes for less time than traditional rentals

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Tenants are living in build-to-rent developments for less time than their counterparts in the traditional PRS – suggesting that they are not the panacea for the housing crisis that is often claimed.

Landlord who ignored outbuilding demolition order fined £23,000

Landlord who ignored outbuilding demolition order fined £23,000

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A landlord who built an illegal outbuilding to store his tenants’ belongings has been ordered to pay more than £23,000.

Mortgage rates set to rise post-budget, warns Rachel

Mortgage rates set to rise post-budget, warns Rachel

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Buy-to-let mortgage rates could fall slightly soon after creeping up since the Autumn Budget, according to financial experts.

BTL bounces back as lenders reveal surprise jump in lending

BTL bounces back as lenders reveal surprise jump in lending

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Activity within the buy-to-let market is reviving after months of uncertainty and political interference, new official landlord lending data suggests.

Get your energy-efficient house in order with Safe2

Get your energy-efficient house in order with Safe2

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With the Government launching a consultation on the way EPCs are calculated – and with another on energy efficiency standards in the pipeline, we know that the rental homes of the future will need to reach much higher standards.

Welsh landlords to return two months' rent to evicted tenants

Welsh landlords to return two months' rent to evicted tenants

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Letting agents have called out Welsh Government plans to enable tenants facing eviction to keep their final two months’ rent as ‘compensation’.

EXCLUSIVE: National Trust rebuffs MPs claims over empty rental homes

EXCLUSIVE: National Trust rebuffs MPs claims over empty rental homes

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The National Trust has rejected claims that it stopped renting out its properties to avoid the growing legislative burden.

Property firm and landlord fined £14,000 over 'slum conditions' at house

Property firm and landlord fined £14,000 over 'slum conditions' at house

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A Liverpool landlord has been hit with a fine of almost £14,000 for allowing tenants to live in a “house of horrors”.

POLL: 44% of landlords support most extreme form of rent control

POLL: 44% of landlords support most extreme form of rent control

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Nearly half of landlords and three quarters of the general public support rent controls, a poll by YouGov on behalf of wealth inequality not-for-profit Common Wealth has revealed.

Welsh MS says reforms will push too many landlords out of rental market

Welsh MS says reforms will push too many landlords out of rental market

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A Welsh politician has sounded the alarm over new legislation which risks exacerbating the mass exodus of private landlords.

Agent warns renting reforms will throw tenancy starts into disarray

Agent warns renting reforms will throw tenancy starts into disarray

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A leading agency has warned that tenants could move into a property without having paid any rent once the Renters’ Rights Bill becomes law.

60% of tenants preparing to move home before end of July

60% of tenants preparing to move home before end of July

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The next six months will see a huge increase in demand for rental properties, landlords and letting agents have been told.

'Wicked' directors given suspended sentences over illegal eviction

'Wicked' directors given suspended sentences over illegal eviction

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The directors of a supported housing company who illegally evicted a vulnerable tenant have been handed suspended jail sentences.