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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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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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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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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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News
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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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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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Benefit claimants must get the Government help they need once its welfare reforms take effect, an industry body has warned.

Leading tax expert slams looming Making Tax Digital changes for landlords

Leading tax expert slams looming Making Tax Digital changes for landlords

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A high-profile tax expert has labelled HMRC’s Making Tax Digital (MTD) regime – set to hit landlords next year - as ‘pointless and costly’.

£6 million licensing scheme reveals property inspections blitz

£6 million licensing scheme reveals property inspections blitz

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News
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Peterborough Council boasts that its aggressive approach to selective licensing has driven significant improvements in the town’s private rental secto

Major BTL lender relaxes rental 'stress test' rules to help landlords

Major BTL lender relaxes rental 'stress test' rules to help landlords

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News
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The Mortgage Works has reduced its 'stress test' rate which is used to assess whether a landlord can afford loan payments.

London rental market now 'full of opportunity for landlords'

London rental market now 'full of opportunity for landlords'

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London’s rental sector is full of opportunity for both landlords and tenants, says Foxtons, which reports an explosion in tenancy applications.

Former letting agent turned 'fake landlord' jailed for £200k fraud

Former letting agent turned 'fake landlord' jailed for £200k fraud

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News
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A former estate agent who posed as a landlord to con would-be tenants out of more than £200,000 has been jailed.

Big London borough to launch double landlord licensing push

Big London borough to launch double landlord licensing push

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Hackney plans to launch selective licensing in 17 of its 21 wards as well as a borough-wide additional licensing scheme.

EPCs: Landlords seeking five-year BTL loans 'could be turned down'

EPCs: Landlords seeking five-year BTL loans 'could be turned down'

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Landlords currently seeking a five-year fixed rate BTL mortgage on a property with an EPC rating below band C could be turned down before net

Council admits selective licensing will 'push up rents'

Council admits selective licensing will 'push up rents'

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Great Yarmouth council has revealed more details of its proposed selective licensing scheme for landlords.

'Give landlords back tax relief to ease housing crisis', urges Shamplina

'Give landlords back tax relief to ease housing crisis', urges Shamplina

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Landlord Action founder also says landlords have been unfairly cast as villains in recent years.

Landlords urge new Minister to delay tax hike

Landlords urge new Minister to delay tax hike

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Scottish landlords have urged their government to pause Additional Dwelling Supplement (ADS) for landlords to help ease the 'housing crisis'.

Majority of landlords in city against council's HMO licensing plans

Majority of landlords in city against council's HMO licensing plans

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News
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Just 44% of landlords agree with Southampton Council’s plans to introduce additional licensing.

Bolton brings in harsher planning rules after HMO increase 'concerns'

Bolton brings in harsher planning rules after HMO increase 'concerns'

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News
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Bolton Council has agreed tough new rules to control HMO conversions – two years after first coming up with the idea.

LEGAL update: Consumer protection laws – what landlords need to know

LEGAL update: Consumer protection laws – what landlords need to know

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This Digital Markets, Competition and Consumers Act has important implications for private landlords when letting their properties

Will Renters' Right Bill make councils prosecute ALL bad landlords?

Will Renters' Right Bill make councils prosecute ALL bad landlords?

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Lawyer David Smith looks at several clauses within the Act which appear to mandate local authorities to bring all errant landlords to book.

Landlords warn Government over EPC upgrade proposals

Landlords warn Government over EPC upgrade proposals

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New EPC rules in Scotland will worsen the housing crisis and force people to spend longer in emergency homeless accommodation

Demand for green rented homes soaring, say big landlords

Demand for green rented homes soaring, say big landlords

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Big landlords believe tenants are willing to pay more for green features amid a growing recognition that sustainability sells.

Shocking rogue landlord given suspended prison sentence

Shocking rogue landlord given suspended prison sentence

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Shocking behaviour by a landlord has prompted withering comments from a judge and a huge fine.

LATEST: Renters' Rights Bill races towards completion in parliament

LATEST: Renters' Rights Bill races towards completion in parliament

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The next stage of the Renters’ Rights Bill has been scheduled for 1st July, raising the prospect that it could become law before parliamentary summer recess.

Lloyds 'the landlord' signs another megadeal to build more rented homes

Lloyds 'the landlord' signs another megadeal to build more rented homes

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Lloyds has taken the next step towards becoming one of the UK’s biggest private landlords.

Rents 'spiralling' as landlords head for exit, says RICS

Rents 'spiralling' as landlords head for exit, says RICS

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News
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The relentless decline in the volume of new landlord listings shows no signs of abating.

Scottish leader reveals new housing secretary after McLennan steps down

Scottish leader reveals new housing secretary after McLennan steps down

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Scottish landlords and agents have a new housing secretary to deal with after incumbent Paul McLennan

Battle of words over 'disgusting' comments during landlord conference

Battle of words over 'disgusting' comments during landlord conference

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The Eastern Landlords Association has condemned comments labelled “unprofessional and disgusting” recorded its annual conference.

Chancellor reveals £39 billion to build more affordable homes to rent

Chancellor reveals £39 billion to build more affordable homes to rent

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Pressure on landlords to provide homes for those who would normally rent within the affordable and social housing sectors will lift soon following today’s Spending Review.

Irish government rows back on failed rent controls

Irish government rows back on failed rent controls

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The Irish government has rowed back on its rent control rules in a bid to bring down rents and boost supply.

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.