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What is in store for landlords in 2024?

What is in store for landlords in 2024?

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Get ready for an intriguing year ahead in 2024, particularly if you're a hands-on landlord, as several forthcoming announcements are poised to reshape the landscape of property management.

Court agrees a vital new 'green lease' clause

Court agrees a vital new 'green lease' clause

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The importance of keeping commercial lease clauses up-to-date with changes in new legislation, in particular there's one clause that should be inserted into every commercial lease to take account of the new energy efficiency rules. Under the Landlord

Tribunal rules tenant at fault for safety check breach

Tribunal rules tenant at fault for safety check breach

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A landlord who was unable to conduct an electrical safety check due to his hoarding tenant has had a £3,500 fine quashed.

Commercial landlords to get more EPC breathing space

Commercial landlords to get more EPC breathing space

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The government has confirmed that commercial landlords won’t have to meet a proposed 2025 deadline to raise their properties to an EPC band C.

Tech tie-up helps tenants report rent payments

Tech tie-up helps tenants report rent payments

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CreditLadder has teamed up with Digital ID Connect so app users can report rental payments into credit reference agencies.

Rent fall 'no breakthrough' in challenging market

Rent fall 'no breakthrough' in challenging market

News

Monthly rental costs fell by 0.9% across the UK during December and by 2.2% in Greater London - one of the biggest drops seen in 2023.

No law on cards for private landlords to tackle mould

No law on cards for private landlords to tackle mould

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The government has rejected calls for private landlords to be given similar deadlines to the social housing sector for dealing with damp and mould.

New year brings change in top jobs at NRLA

New year brings change in top jobs at NRLA

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The NRLA has made two top-level appointments to bolster its service at the start of a crucial year.

Letting agencies join forces to create franchise supergroup

Letting agencies join forces to create franchise supergroup

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The Property Franchise Group (TPFG) and Belvoir Group have agreed to a merger to create a wide-reaching property franchise business.

Drugs gang hid behind student lets firm to make millions

Drugs gang hid behind student lets firm to make millions

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An organised crime group which used a student letting firm as a front for their multi-million-pound empire have been guilty of drug offences.

Wales on track to license all holiday homes

Wales on track to license all holiday homes

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All short-term lets in Wales will soon have to be registered and licensed under plans announced by the Welsh government.

New year heralds brighter BTL mortgage outlook

New year heralds brighter BTL mortgage outlook

News

Mortgage market drama should subside this year, thanks to stable property prices, strong rental demand, rising rents and softening mortgage interest rates.

Warning: New-look Scottish rent controls risk backfiring

Warning: New-look Scottish rent controls risk backfiring

News

A new adjudication process for rent controls in Scotland could add further layers of bureaucracy without benefitting landlords or tenants.

Legal case: rent repayment orders - honesty the best policy

Legal case: rent repayment orders - honesty the best policy

News

A Rent Repayment Order (RRO) is an order that allows a tenant or local authority to reclaim rent or housing benefit where a landlord rents out an unlicensed property such as a house in multiple occupation (HMO). Rent Repayment Orders are obtained through a residential property t

Landlords forced to take a hit on costs by asking lower rents

Landlords forced to take a hit on costs by asking lower rents

News

More landlords are being forced to reduce advertised rents in the cost-of-living crisis.

Council bids to buy more private rented homes

Council bids to buy more private rented homes

News

A council plans to buy 65 private rental properties through its housing company in a bid to address the shortage of homes.

Disgruntled landlords threaten licensing scheme boycott

Disgruntled landlords threaten licensing scheme boycott

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Landlords in Middlesbrough have vowed to fight plans to expand selective licensing and a fee hike.

Landlord pays high price for ignoring mouldy bedroom

Landlord pays high price for ignoring mouldy bedroom

News

A landlord who failed to remove dangerous mould from a children’s bedroom has been handed a £10,451 fine.

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'Tories are trying to blame landlords for PRS mess of their own making'

'Tories are trying to blame landlords for PRS mess of their own making'

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The Tories should take the blame for the landlord exodus and crisis-hit private rental sector, according to one leading investment guru. Financial columnist and author Matthew Lynn says that for the last decade, the party has been in an all-out war against buy-to-let landlords,

Repeat rogue 'luxury' landlord firm fined £30,000 for licencing breaches

Repeat rogue 'luxury' landlord firm fined £30,000 for licencing breaches

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A rogue Liverpool landlord has been fined £30,000 for failing to get licences for two student HMOs three years after it was fined 45,000 for similar offences. Trophy Homes, which claims to operate within the 'luxury' student, co-living and general rental sectors, admitted

Landlords ARE quitting rented sector says Bank of England

Landlords ARE quitting rented sector says Bank of England

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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

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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'

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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

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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

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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

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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%

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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

Landlords have "plenty of opportunities" despite interest rates expected to remain at 4.5%

Landlords have "plenty of opportunities" despite interest rates expected to remain at 4.5%

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Landlords still have 'plenty of opportunities’ despite interest rates expected to remain on hold this week, a specialist lender has suggested.

Number of tenants being asked for a guarantor could increase due to Renters’ Rights Bill, warns Generation Rent

Number of tenants being asked for a guarantor could increase due to Renters’ Rights Bill, warns Generation Rent

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The Renters’ Rights Bill could lead to an increase in the number of tenants being asked to provide a guarantor and to further discrimination, charities and campaign groups have warned

Rising costs and stalled rent – a double whammy for landlords

Rising costs and stalled rent – a double whammy for landlords

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UK landlords face rising costs, regulatory complexity, and affordability challenges, with rent growth slowing despite ongoing demand.

Number of new licensing schemes lined up has surpassed last year’s total

Number of new licensing schemes lined up has surpassed last year’s total

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The number of licensing schemes lined up to launch this year has already surpassed last year’s total, as councils continue to put the financial squeeze on landlords.

Landlord avoids £29K rent repayment order after tribunal ruling

Landlord avoids £29K rent repayment order after tribunal ruling

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A landlord has avoided a £29,000 rent repayment order after a First Tier Property Tribunal ruled that he had been the victim of administrative failings by Southwark Council.

Renters' Rights Bill to be discussed by expert panel at National Landlord Investment Show

Renters' Rights Bill to be discussed by expert panel at National Landlord Investment Show

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The huge changes that the Renters' Rights Bill will introduce for private landlords will be addressed by a panel of top experts at this year’s National Landlord Investment Show.

Tenants likely to go for every target when tougher rent repayment orders take effect, warns solicitor

Tenants likely to go for every target when tougher rent repayment orders take effect, warns solicitor

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Tenants are likely to go after every plausible target when tougher rent repayment orders take effect later this year, a solicitor has warned.

Number of new tenancies agreed increases, Propertymark reveals

Number of new tenancies agreed increases, Propertymark reveals

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The average number of new tenancies agreed per lettings agent branch climbed to around eight in the first month of this year, a new report has revealed

Rogue landlords face revised penalties of up to £30,000 per offence, Haringey Council warns

Rogue landlords face revised penalties of up to £30,000 per offence, Haringey Council warns

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Haringey Council has introduced tougher fines for errant landlords in a bid to raise housing standards across the London borough.

Shrinking pool of rental homes continues to drive up rents, reports RICS

Shrinking pool of rental homes continues to drive up rents, reports RICS

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A shrinking pool of rental properties continued to drive up rents last month, despite reduced demand from tenants

Rental homes that aren’t up to scratch are under increased threat

Rental homes that aren’t up to scratch are under increased threat

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Private landlords whose properties aren’t up to scratch face a significant increase in pressure and threat when the Decent Home Standard kicks in.

Tenants urged by housing minister to challenge unfair rents

Tenants urged by housing minister to challenge unfair rents

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Tenants are being urged by the housing minister to challenge unfair rent increases.

Parents as landlords strain family relationships

Parents as landlords strain family relationships

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The ‘parent landlord’ phenomenon has caused increasing numbers of adult children to put a strain on family life, a new survey finds.

Student landlords urged to review contract accuracy

Student landlords urged to review contract accuracy

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Student landlords have been warned their existing contracts won’t be entirely accurate once the Renters’ Rights Bill takes effect after the summer.

Small landlords could soon be replaced, warns top property lawyer

Small landlords could soon be replaced, warns top property lawyer

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Small landlords with one or two properties could end up being replaced by larger portfolio or corporate landlords as part of the Government’s push to improve standards, according to a top property lawyer.

NAEA warns of unintended consequences of rental auctions

NAEA warns of unintended consequences of rental auctions

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The agent’s professional body NAEA Propertymark has raised concerns about the running of the rental auctions scheme

One in four households pay four times more for heat

One in four households pay four times more for heat

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Energy study finds one in four households pay more by avoiding central heating.

Empty homes rather than holiday lets should be targeted by the Government

Empty homes rather than holiday lets should be targeted by the Government

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Empty homes should be targeted by the Government, rather than punishing the short-let sector, a holiday let firm has argued.

Less than 10% of rentals pet-friendly, says Zero Deposit

Less than 10% of rentals pet-friendly, says Zero Deposit

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Less than one in ten rental properties currently on the market are pet-friendly, new research has revealed.

Tenant disputes reach highest level in five years, new research from FCC Paragon suggests

Tenant disputes reach highest level in five years, new research from FCC Paragon suggests

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Tenants lodged an estimated 47,405 disputes across the PRS in 2024, a 13% increase on the previous year and the highest number in the past five years.

Average rents in England rise to £1,213 in March

Average rents in England rise to £1,213 in March

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The Government has vowed that “seismic reforms” in its new Planning and Infrastructure Bill will help get families out of temporary accommodation.

Rents in purpose-built student accommodation continue to outpace HMOs

Rents in purpose-built student accommodation continue to outpace HMOs

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Rents in purpose-built student accommodation (PBSA) continue to outpace HMOs, with foreign students particularly bolstering their growth.

Renting costs more than buying a home, Zoopla data reveals

Renting costs more than buying a home, Zoopla data reveals

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First-time buyers are paying 20% less a month on their mortgage payments compared to what tenants pay in rent, new figures have revealed.

Landlord slams lender after it sends letters to his tenants showing monthly mortgage payments

Landlord slams lender after it sends letters to his tenants showing monthly mortgage payments

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Nottingham benefits landlord Mick Roberts has slammed Barclays after it sent letters to 22 of his tenants, listing his monthly payments and erroneously alerting them that he is in mortgage arrears.

Rogue landlord duo hit with £90,000 fines after e-bike fire

Rogue landlord duo hit with £90,000 fines after e-bike fire

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A rogue landlord duo has been fined more than £90,000 for safety offences that led to the death of one of their tenants in a fire.