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Rogue landlord and agent first to be banned from PRS in Essex

Rogue landlord and agent first to be banned from PRS in Essex

News

A rogue landlord and also letting agent who let out grotty and overcrowded properties has been handed the first banning order in Essex.

Number of tenants looking for properties to rent drops 39%

Number of tenants looking for properties to rent drops 39%

News

Rental growth has slowed to its lowest level for nearly three years while demand has dropped by 39% during the past 12 months.

Northern city named best BTL hotspot with 13.1% gross yield

Northern city named best BTL hotspot with 13.1% gross yield

News

As house prices have risen sharply in recent decades, many had thought that the sub-£100,000 house that returned double-digit gross returns had gone for good.

Scottish rent rises top charts after controls end

Scottish rent rises top charts after controls end

News

The Scottish government’s failure to plan for the end of temporary rent controls has led to rents rising faster than in most other parts of the UK.

Generation Rent boss urges landlords to absorb costs

Generation Rent boss urges landlords to absorb costs

News

Landlords can bear the brunt of longer notice periods due to charging high rents, according to Generation Rent.

Manx council moves to restrict holiday let growth

Manx council moves to restrict holiday let growth

News

An Isle of Man village has become the latest authority to clamp down on the growth in short-term lets.

NEW: Councillors vote through selective licensing and higher fees

NEW: Councillors vote through selective licensing and higher fees

News

Burnley councillors have recommended that its three selective licensing schemes covering some 2,000 homes be extended for another five years following a three-month-long consultation. The schemes in Burnley Wood and Healey Wood, along with the Leyland Road area of the town, were

NEW: Royal family make £1.4m a year from holiday lets

NEW: Royal family make £1.4m a year from holiday lets

News

The Royal Family could be raking in £118,775 each month from their holiday let portfolio, adding up to a lucrative annual rental income of more than £1.4 million.

3,000 landlords are under 21 years old, reveals finance data

3,000 landlords are under 21 years old, reveals finance data

News

Gen Z are rushing to invest in buy-to-let property, with more than 3,000 buy-to-let landlords in the UK now under the age of 21.

Landlord given police caution after assaulting tenant over 'arrears'

Landlord given police caution after assaulting tenant over 'arrears'

News

A landlord who reportedly attacked a tenant after he complained about serious disrepairs has been handed a police caution.

Rent controls reduce supply and housing quality, says new report

Rent controls reduce supply and housing quality, says new report

News

A new report that evaluates the dozens of rent control schemes implemented over the past 60 years across the world has concluded that overall they are harmful to rental homes supply.

COMMENT: Did you know that tenants can claim compensation over disrepair?

COMMENT: Did you know that tenants can claim compensation over disrepair?

Information

Tenants can claim compensation from their landlord for repairs that are not done in a reasonable time; repairs that are of bad quality and do not fix things

EXPERT: 'Now is the time to convert from commercial to residential'

EXPERT: 'Now is the time to convert from commercial to residential'

News

There’s never been a better time for landlords to convert a commercial building to residential use, according to a leading architect.

'Dont be afraid of the future' Zoopla boss tells landlords

'Dont be afraid of the future' Zoopla boss tells landlords

News

Zoopla boss Richard Donnell has urged landlords and investors to steer clear of misinformation about the PRS and focus on the positives.

Landlord's rental properties seized in UK regulation 'first'

Landlord's rental properties seized in UK regulation 'first'

News

A rogue landlord who persistently failed to license several rented properties has had them seized by Merton Council in one of the first actions of its kind in the country.

Sadiq Khan goes quiet on rent controls after Labour 'slap down'

Sadiq Khan goes quiet on rent controls after Labour 'slap down'

News

London Mayor Sadiq Khan has been slapped down by Labour’s national leadership after asking to be given rent control powers, it has been reported.

Coventry to extend HMO licencing for five years

Coventry to extend HMO licencing for five years

News

Coventry councillors look set to give the go-ahead to extending the city’s additional licensing scheme, raising the fee for a five-year licence from £840 to £916.

Potential buyer reports landlord to council over illegal HMO

Potential buyer reports landlord to council over illegal HMO

News

A landlord renting out an unlicensed HMO was caught out when a prospective buyer reported her to the council.

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BUDGET: Charities call for LHA to be raised to relieve pressure on benefits tenants

BUDGET: Charities call for LHA to be raised to relieve pressure on benefits tenants

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Increasing the Local Housing Allowance would be the quickest way for the government to improve access to affordable homes, say housing charities. According to analysis by the Institute for Fiscal Studies (IFS), in 37 local authorities, the gap between market rents for three-bedr

Property manager to pay �25,000 after failing to appeal 'horror electrics' fine

Property manager to pay �25,000 after failing to appeal 'horror electrics' fine

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News
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The director of a property management firm has been fined more than �25,000 after dangerous electrics were discovered at an HMO in Northampton. West Northamptonshire Council issued a warrant in May 2022 after tenants raised concerns about the property in Lutterwor

NE Landlords slam councils' blanket licencing plan as 'waste of time'

NE Landlords slam councils' blanket licencing plan as 'waste of time'

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Landlords in the North East have complained that a rubber stamped selective licencing scheme is a pure waste of time� and that they are fed up being taxed in this way�. The comments concern Middlesborough councils plans to extend its licencing scheme in the ce

BUDGET: What can landlords expect from the Chancellor this week?

BUDGET: What can landlords expect from the Chancellor this week?

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Landlords will be looking for more government support to make energy efficiency improvements while hoping for some tax burden relief in the upcoming Budget. With EPC deadlines looming, many want greater incentives to back up the https://www.gov.uk/apply-boiler-upgrade-s

BREAKING: Government to issue new 'How to Rent' guide on Friday

BREAKING: Government to issue new 'How to Rent' guide on Friday

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A new How to Rent guide will come out on Friday (17th March) which landlords in England must serve at the start of any new tenancy or renewal. The new guide forms part of the prescribed information landlords must issue, and if they dont

VOTE: Scots rent rises to be capped at 3% until October, MSPs agree

VOTE: Scots rent rises to be capped at 3% until October, MSPs agree

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Scottish MSPs have voted through a rent cap and extension of the eviction ban until 30th September. The rent cap for private sector tenancies will increase to 3% from 1st April under the amendment to the https://www.gov.scot/publications/cost-living-ten

NEW: Worcester latest to propose city-wide HMO licencing scheme

NEW: Worcester latest to propose city-wide HMO licencing scheme

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All HMO landlords in Worcester will soon have to buy a licence if councillors back a new additional licensing scheme. The city has operated an additional scheme since September 2015 but amended it in 2020 to cover only the wards of Arboretum, Bedwardine, Cathedral and St Clement

Landlords LEFT OUT of new 'forbearance' guidance for mortgage holders

Landlords LEFT OUT of new 'forbearance' guidance for mortgage holders

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Landlords have been left out of measures announced today designed to support mortgage holders during the cost of living crisis. The guidance, which has been issued by the Financial Conduct Authority (FCA) updating borrowers responsibilities to their existing mortgage holders,

FIRST rent repayment order against landlord issued following landmark case

FIRST rent repayment order against landlord issued following landmark case

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A landlord who tried to claim that he was the superior landlord of an unlicensed HMO has failed in his bid to avoid paying a Rent Repayment Order. In the first RRO case since the landmark�

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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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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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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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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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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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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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

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

Single-Family Housing market attracts attention amid surge in demand

Single-Family Housing market attracts attention amid surge in demand

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