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Property firm reports more landlords selling up as 'red tape' burden rises

Property firm reports more landlords selling up as 'red tape' burden rises

News

Home buying company the Open Property Group (OPG) has reported a 56% jump in PRS property purchases during the past year, with landlords blaming red tape for their decision to sell up. It bought nearly �6 million worth of property from homeowners and landlords looking for a fas

Payday! Three tenants to share �20,000 after landlord fails to licence property

Payday! Three tenants to share �20,000 after landlord fails to licence property

News

Three tenants have won a �20,160 rent repayment order from their landlord who failed to licence his HMO. A First Tier Property Tribunal found that Simon Freed let out the three-bedroom flat in Frognal Court, Camden (main picture), a

Scots Ministers avoid revealing how many landlords are seeking big rent rises

Scots Ministers avoid revealing how many landlords are seeking big rent rises

News

The Scottish Government has decided not to publish details of how many landlords north of the border have applied to raise their rent above the 3% maximum allowed under the countrys Cost of Living (Tenant Protection) (Scotland) Act. This controversial legislation was first in

Landlords warned over increase in unauthorised and illegal sub-letting by tenants

Landlords warned over increase in unauthorised and illegal sub-letting by tenants

News

Sub-letting is on the increase within the private rented sector as the cost of living crisis bites, it has been reported. Direct Line says nearly half of all tenants who sublet rooms within their property have not told their landlord or checked they are allowed to within their r

Council's desperate measures to stop landlords evicting tenants revealed

Council's desperate measures to stop landlords evicting tenants revealed

News

Brent Council is paying a landlord to house the tenant he was trying to evict after failing to come up with any alternative accommodation. The authority paid the legal fees and took over responsibility for paying the rent as long as the landlord continued to let his tenant stay

BTR makes another leap forward with £1.26 billion invested in just three months

BTR makes another leap forward with £1.26 billion invested in just three months

News

T The UKs build-to-rent (BTR) stock now stands at 88,100 completed homes, with a further 53,500 homes under construction and 111,800 in the planning pipeline. Savills research reveals that in the second quarter of the year, the sector saw a record-breaking �1.26

Landlord outcry over 'unfair' major Midlands selective licencing scheme

Landlord outcry over 'unfair' major Midlands selective licencing scheme

News

Landlords in Birmingham have slammed the citys new selective licensing scheme which some claim is unfairly targeting ethnic communities. The scheme, which took effect at the beginning of June, affects all landlords in 25 of the citys wards which have more than 20% of rente

'Stop demonising landlords, it's just not helping the situation'

'Stop demonising landlords, it's just not helping the situation'

News

Be careful what you wish for� is the point I would put to organisations such as Shelter, Generation Rent and other tenant groups.  In other words, stop demonising landlords - its not helping the situation especially when we have such a severe rental stock crisis.&

No need to evict! We sell buy-to-lets in 28 days to new landlords who want to keep your 'fireproof'� tenants

No need to evict! We sell buy-to-lets in 28 days to new landlords who want to keep your 'fireproof'� tenants

Information

Theyve been dubbed fireproof tenants� news this week reached fever pitch for landlords who rallied together in outrage to hear that multiple local councils had advised tenants not to move out of their houses� no matter what, even if the landlord was in financial difficulty

NEW: �30 billion cost for landlords to upgrade properties to EPC minimum

NEW: �30 billion cost for landlords to upgrade properties to EPC minimum

News

More than half of all homes in the private rented sector need upgrading to achieve an EPC band C by 2028, with landlords facing a total estimated bill of �30 billion at a time when many are struggling to cover their costs. About 2.9 million properties are affected, with costs f

HOT MARKET: Every property put on market receiving 20 viewing requests

HOT MARKET: Every property put on market receiving 20 viewing requests

News

Rental properties in the North West are each attracting an average of 30 viewing requests as competition among prospective tenants grows more intense. Data commissioned by the BBC from Rightmove shows an average of 20 requests to view each available property in Britain, up from

Charities and campaigners slam Government over 'weak' renting reforms

Charities and campaigners slam Government over 'weak' renting reforms

News

In a sign that the Renters (Reform) Bill is annoying many and pleasing few, charities and pro-tenant groups have today joined forces to slam the legislation for being too weak. The https://rentersreformcoalition.co.uk/" target="_blank" Renters Ref

BREAKING: Government rows back on 2035 gas boiler ban within rented properties

BREAKING: Government rows back on 2035 gas boiler ban within rented properties

News

The Government has rowed back on its commitment to phase out all gas boilers in rented homes by 2035 following comments by Michael Gove. Talking tohttps://www.thetimes.co.uk/radio/schedule" https://www.thetimes.co.uk/radio/schedule" target="_blank" i

Another big council looks at forcing selective licencing on private landlords

Another big council looks at forcing selective licencing on private landlords

News

A big South East counciil hopes to introduce a big selective licencing scheme for private landlords which would cover all PRS homes. Medway, which is a unitary authority covering a large swathe of Kent including Rochester and Gillingham, has seen those renting in the private ren

Official report backs binning leasehold but some owners 'still worried'

Official report backs binning leasehold but some owners 'still worried'

News

Ditching leaseholds is 'entirely possible' although some flat owners still arent convinced about moving across to commonhold, a government report has concluded. It explains that while reaching a point at which most existing flats are owned without a third-party landlord or ar

Landlords given five months to join enlarged �800 London licencing scheme

Landlords given five months to join enlarged �800 London licencing scheme

News

More than 5,400 homes in Islington now need a licence under Islington Councils new selective licensing scheme.  Landlords in Finsbury Park, Tollington and Hillrise wards are affected, where properties are blighted with poor conditions, according to council enforcement of

Gove consults landlords on looser rules for commercial to residential conversions

Gove consults landlords on looser rules for commercial to residential conversions

News

Landlords are being encouraged to share their thoughts on government plans to make it easier to convert larger department stores, space above shops and offices.  As part of Housing Secretary Michael Goves announcement on https://www.landlo

UK Property Market Summary and Predictions for 2023

UK Property Market Summary and Predictions for 2023

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The UK property market has undoubtedly seen a tumultuous period since the end of 2022. Fluctuating statistics, record-breaking demand, falling supply, and concerning economic projections have left many scratching their heads and wondering: https://www.rw-inv

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Rishi’s Green U-turn slated by Welsh housing minister in Senedd

Rishi’s Green U-turn slated by Welsh housing minister in Senedd

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News
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Welsh Housing Minister Julie James has warned that Rishi Sunak’s green U-turn means many tenants will continue to rent draughty, inefficient homes and face high energy bills for years to come.

Tougher EPC rules were always going to be scrapped, says expert

Tougher EPC rules were always going to be scrapped, says expert

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News
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A lack of public money to back landlords keen to upgrade their properties islikely to have been a major factor behind Rishi Sunak’s decision to scrap changesto minimum energy standards, an expert has claimed.

Tricky tradespeople, red tape and fraud driving landlords into agents’ arms

Tricky tradespeople, red tape and fraud driving landlords into agents’ arms

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News
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Increasing regulation of the private rented sector, the pain of finding tradespeople to do property repairs and increasing fraud are pushing more landlords into the arms of letting agents, it has been revealed.

Mayor and Trading Standards urge tenants to report rogue landlords via new tool

Mayor and Trading Standards urge tenants to report rogue landlords via new tool

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News
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London renters can flag up breaches of the Tenant Fees Act to Trading Standards by using a new reporting tool.

CONFERENCE: Tories prioritise housing, but no mention of landlords

CONFERENCE: Tories prioritise housing, but no mention of landlords

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News
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The Conservatives have put housing high on the agenda at their upcoming party conference, with at least 30 fringe meetings scheduled to discuss the topic.

Homeowners snapping up homes sold by landlords ‘key reason for higher rents’

Homeowners snapping up homes sold by landlords ‘key reason for higher rents’

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News
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Homeowners are buying the vast majority of rental properties being offloaded by landlords, reducing local rented supply.

Prime Mininster has ‘betrayed landlords’ by ditching EPC upgrade scheme rules

Prime Mininster has ‘betrayed landlords’ by ditching EPC upgrade scheme rules

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News
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Many landlords have spent thousands of pounds on energy efficient upgrades in readiness to meet regulations that have now been ditched by Rishi Sunak.

Landlords offered higher rents by new ground-breaking ‘rent to buy’ service

Landlords offered higher rents by new ground-breaking ‘rent to buy’ service

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News
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A ground-breaking ‘rent to buy’ service that helps tenants get on the property ladder has been expanded to include private landlords.

Eviction courts to close this week as strike action by security guards goes ahead

Eviction courts to close this week as strike action by security guards goes ahead

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News
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More evidence of trouble within the courts system and in particular for landlords seeking to evict tenants via possessin hearings has emerged, LandlordZONE can report.

Taxing Landlords more – homes for first-time buyers, or higher rents for tenants?

Taxing Landlords more – homes for first-time buyers, or higher rents for tenants?

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News
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The long-standing argument that buy-to-let landlords steal homes from first-time buyers runs on

Landlords face chaos amid rise in 'stopover tenants'

Landlords face chaos amid rise in 'stopover tenants'

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News
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Rental reforms are fuelling relocation-style, short-term renting, causing landlords sudden void periods and unexpected costs.

Property Redress proud to headline sponsor Rumble with the Agents, Newcastle

Property Redress proud to headline sponsor Rumble with the Agents, Newcastle

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Property Redress is proud to sponsor Rumble with the Agents in Newcastle – a thrilling charity boxing night for the property industry!

Landlord slams council for 'making mockery' out of licensing

Landlord slams council for 'making mockery' out of licensing

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News
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Mick Roberts has accused Nottingham Council of double standards after it dropped a licensing condition.

Landlord of dangerous HMO forced to pay tenants £24K in rent

Landlord of dangerous HMO forced to pay tenants £24K in rent

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News
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A landlord continued to rent out her unlicensed and unsafe HMO where one tenant was electrocuted, a tribunal has heard.

Do you? Most auction properties now bought on the internet

Do you? Most auction properties now bought on the internet

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News
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The vast majority of property investors now buy properties at digital auctions not in-room events.

Big Northern council calls for national changes to HMO planning rules

Big Northern council calls for national changes to HMO planning rules

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News
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Sefton Council is on a mission to make it more difficult for landlords to convert houses into HMOs across the borough.

MPs should be banned from being landlords, says rebel parliamentarian

MPs should be banned from being landlords, says rebel parliamentarian

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News
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Rebel Labour MP Zarah Sultana has called for fellow parliamentarians to be banned from being landlords.

Number of landlords letting properties plummets

Number of landlords letting properties plummets

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News
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Landlord instructions saw the steepest fall since April 2020 last month, forcing tenants to chase fewer rentals with rising rents.

'Taxing landlords harder has helped 1.1m first time buyers onto property ladder'

'Taxing landlords harder has helped 1.1m first time buyers onto property ladder'

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News
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Recent tax hikes on landlords have been good for the housing market by persuading more BTL investors to sell up.

Grainger’s REIT conversion – what landlords need to know

Grainger’s REIT conversion – what landlords need to know

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News
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Grainger PLC is the UK’s biggest listed residential landlord - it has just converted into a Real Estate Investment Trust (REIT)

WARNING: Rent increases will soon have to be done officially, not informally

WARNING: Rent increases will soon have to be done officially, not informally

Information
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Landlords have been urged not to fall foul of looming rent rise legislation by updating their records and processes.

Landlords are 'the solution, not the problem' says leading Tory

Landlords are 'the solution, not the problem' says leading Tory

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News
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Scots Conservative Thomas Heald bangs the drum for the private rented sector and rejects rent controls as solution to high rents.

A tax too far? Why landlords are being pushed to the brink

A tax too far? Why landlords are being pushed to the brink

Opinion
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Landlords face rising taxes, regulations, and costs - prompting many to sell up. Is government policy pushing small landlords out of the

When will the Renters' Rights Bill become law?

When will the Renters' Rights Bill become law?

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News
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We explore what happens next to the Renters’ Rights’ Bill following Monday's debate in parliament.

£955 licensing scheme goes ahead after landlord court failure

£955 licensing scheme goes ahead after landlord court failure

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News
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A heavily contested selective licensing scheme is to go ahead in Scunthorpe after landlords lost their High Court battle to stop it.

Repeat rogue landlord faces renting ban

Repeat rogue landlord faces renting ban

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News
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Tariq Mahmood Khan faces the ultimate sanction after being convicted for failing to comply with a prohibition order - again.

Landlords to house 'million more pets' when reforms go live

Landlords to house 'million more pets' when reforms go live

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News
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More than one million extra renters might get a pet when the Renters’ Rights Bill takes effect, according to new research.

Institutional shake-up: how the PRS REIT sale impacts UK landlords

Institutional shake-up: how the PRS REIT sale impacts UK landlords

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News
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PRS REIT enters £631.6M sale, highlighting growing institutional interest and potential shifts in the UK rental market.

Renters' Rights Bill to become law without major changes, says minister

Renters' Rights Bill to become law without major changes, says minister

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Renters' Rights Bill is to get Royal Assent very soon unmolested by any major amendments, last night's Parliamenatry debate revealed.

Another £1,000+ licensing scheme launches, this time in Essex

Another £1,000+ licensing scheme launches, this time in Essex

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Thurrock landlords will be hit by a pricey new HMO licensing scheme as number of new schemes this year hits record

New housing secretary 'no friend of landlords' speeches reveal

New housing secretary 'no friend of landlords' speeches reveal

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New housing secretary's critical views of landlords revealed by previous speeches and voting record in parliament.

Some landlords 'proud of their slum properties' claims politician

Some landlords 'proud of their slum properties' claims politician

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Southampton's former Lord Mayor has made controversial comments about some of city's landlords.

In the dying days of Section 21 – don’t get tripped up

In the dying days of Section 21 – don’t get tripped up

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With the impending implementation of the Renters’ Rights Act, Section 21 evictions are now on borrowed time

New housing secretary appointed following Rayner tax debacle

New housing secretary appointed following Rayner tax debacle

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Landlords have a new housing secretary after Steve Reed was confirmed in the role following the resignation of Angela Rayner.