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Tax hike prompts buying and selling rush among portfolio landlords

Tax hike prompts buying and selling rush among portfolio landlords

News

Landlords buying up property portfolios have helped non-residential property sales reach a new high this year as investors seek to capitalise on the existing tax rate, ahead of stamp duty changes.

Report reveals shock gap between Chinese and UK student rents

Report reveals shock gap between Chinese and UK student rents

News

Wealthy Chinese students are paying £66 a week or 42% more in rent than their British counterparts, according to the latest StuRents annual report.

Will councils begin selling off empty landlord properties?

Will councils begin selling off empty landlord properties?

News

A property expert has voiced concerns that councils won’t have the resources to implement the government’s new high street auctions initiative.

'Lackadaisical' landlord to repay tenants £10,538

'Lackadaisical' landlord to repay tenants £10,538

News

A landlord in London has been ordered to repay three of his tenants £10,538 after they applied successfully for a rent repayment order (RRO).

How to tackle damp and mould as the mercury falls

How to tackle damp and mould as the mercury falls

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Damp and mould can affect your rental properties at any time of year; but issues are much more likely to occur in colder months.

Landlords with mortgages 'to get early Xmas present'

Landlords with mortgages 'to get early Xmas present'

News

Mortgage rates are likely to drop even further before the end of the year, providing some much-needed festive cheer for landlords.

Labour says renters face 'insecurity' but tenancies getting longer

Labour says renters face 'insecurity' but tenancies getting longer

News

Private renters are increasingly staying for longer in their homes, contrary to tenant groups’ argument that they face ‘insecurity of tenure’.

PIX: Shocking size of 'rooms' within illegal HMO revealed

PIX: Shocking size of 'rooms' within illegal HMO revealed

News

A rogue landlord who turned her three-bedroom bungalow into a 15-room unlicensed HMO where tenants slept on camp beds in windowless rooms has been handed a £12,000 fine.

HMO landlords should be Scrooge not Santa this Christmas

HMO landlords should be Scrooge not Santa this Christmas

News

Landlords have been advised not to let their tenants deck the halls with flammable holly during the festive season.

Government promises to fix cladding remiation problems by 2029

Government promises to fix cladding remiation problems by 2029

News

The government has set out new targets to fix unsafe buildings in England as part of its Remediation Acceleration Plan.

Gloucester plans clampdown on spread of HMOs

Gloucester plans clampdown on spread of HMOs

News

Gloucester Council is to apply for an Article 4 Direction in a bid to curb the number of shared houses in the city.

'Labour's reforms will cost landlords and tenants'

'Labour's reforms will cost landlords and tenants'

Opinion

The Renters’ Rights Bill will add extra costs for tenants as well as landlords, and it will cause landlords to leave the private rented sector

Property groups call for more homes, not rent controls

Property groups call for more homes, not rent controls

News

Property groups have called on the Scottish government to focus on building homes rather than rent controls in a bid to address the country’s housing crisis.

Labour to spend £20m helping tenants fight evictions

Labour to spend £20m helping tenants fight evictions

News

Civil legal aid fees for eviction cases and immigration are to receive a £20 million boost, marking the first increase since 1996.

Looming open-ended tenancies to have 'unintended consequences for tenants'

Looming open-ended tenancies to have 'unintended consequences for tenants'

News

The Government should further consider its plans to mandate open-ended tenancies as a legal requirement, as set out in the Renters’ Rights Bill going through parliament.

New tech enables landlords to make money from solar

New tech enables landlords to make money from solar

News

A new tech launch allows landlords to generate and sell electricity from rooftop solar panels either to their tenants or back to the grid without going through the main meter.

Landlords: Get Your Properties Sold Fast and Cash in the Bank before the New Year!

Landlords: Get Your Properties Sold Fast and Cash in the Bank before the New Year!

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Thousands of landlords are feeling the pinch as rising costs, talk of rent caps, and upcoming EPC regulations add pressure to an already challenging rental market.

Allowing tenants to rent out homes via Airbnb 'a huge risk'

Allowing tenants to rent out homes via Airbnb 'a huge risk'

News

A leading letting agent has warned that a new Airbnb initiative allowing tenants to rent out their homes could put landlords at risk.

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NEW: Devolution deal gives Manchester more rogue landlord powers

NEW: Devolution deal gives Manchester more rogue landlord powers

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News
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A new devolution deal will give the 10 Greater Manchester councils powers to approve larger selective licensing schemes. The pact, signed by Levelling Up Minister Dehenna Davison (pictured, below), Greater Manchester Mayor Andy Burnham (main pic) and the council leaders, will al

Landlord cries foul over �50,000 cladding bill after 'not qualifying for help'

Landlord cries foul over �50,000 cladding bill after 'not qualifying for help'

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News
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A landlord whose properties are caught up in the cladding scandal faces a bill of up to �50,000 unless the government changes the rules about who it will subsidise. Neera Soni rents out a number of leasehold properties and says she and at least a quarter of those owners at

NEW: London Mayor urged to clamp down on rogue exempt accommodation landlords

NEW: London Mayor urged to clamp down on rogue exempt accommodation landlords

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News
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London Mayor Sadiq Khan has been urged to clamp down on rogue exempt accommodation providers who exploit the housing benefit system and put vulnerable tenants at risk. An investigation by the London Assembly Housing Committee found some rogue providers wer

Isle of Wight to slap council tax on holiday homes rented out under 70 days

Isle of Wight to slap council tax on holiday homes rented out under 70 days

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News
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The Isle of Wight Council has vowed to charge owners of second homes and empty properties more council tax as soon as it gets the go-ahead from the government. Its ruling Alliance Administration had suggested putting a 100% tax premium on second homes and empty properties, howev

City money 'only route to quality rented homes at volume', says leading figure

City money 'only route to quality rented homes at volume', says leading figure

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News
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A senior figure from the banking world has claimed that institutional investment is the golden ticket to solve the UKs supply and quality problems within the private rented sector (PRS). Cedric Bucher (main image), who heads up Hearthstone Investments </st

Another Tribunal says landlord NOT responsible for rent repayment order

Another Tribunal says landlord NOT responsible for rent repayment order

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News
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Another First Tier Property Tribunal has confirmed that a superior landlord cannot be held responsible for a Rent Repayment Order (RRO), following the landmark Rakusen case. Tenant Riaz Moola had tried to argue that landlord Khalil Mbarek was responsible for the property in t

Stop trying to win 'cheap brownie points' with renters, lender tells Government

Stop trying to win 'cheap brownie points' with renters, lender tells Government

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News
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The Government must stop its ongoing and irresponsible attempts to curry favour with tenants via its looming reform of the private rented sector, a buy-to-let lender has said. Mortgages for Business boss Gavin Richardson (main

LATEST: London landlord duo convicted of �1 million benefits fraud

LATEST: London landlord duo convicted of �1 million benefits fraud

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News
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A landlord couple have been convicted of a �1 million benefit fraud stretching over 20 years. Emmanuel Bay , 68, and Nancy Bay , 67, of Sudbourne Road, Brixton (pictured), were found guilty of 21 offences between 1999 and 2018 under t

Landlord's troubles just go from one crisis to the next...

Landlord's troubles just go from one crisis to the next...

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News
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Home Reit, an investment trust landlord, was set-up to house Britains homeless. But the company has found itself running into increasing difficulties, with tenants' complaints and failed rent payments, a negative short-seller's report, a financial squeeze with falling stock prices and al

The Making Tax Digital net is closing on landlords

The Making Tax Digital net is closing on landlords

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

Landlord fails in bid to increase tenant’s rent, tribunal rules

Landlord fails in bid to increase tenant’s rent, tribunal rules

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News
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A landlord company has failed in its bid to increase a tenant’s rent by 25% after a First Tier Property Tribunal heard that poor standards would lower the market rent.

NRLA on the road: New events programme to bring the association to you

NRLA on the road: New events programme to bring the association to you

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NRLA launches on-the-road events programme to bring landlord support and training locally.

Landlords turn to HMOs as higher mortgage costs steer them towards larger properties for better returns

Landlords turn to HMOs as higher mortgage costs steer them towards larger properties for better returns

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News
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More landlords are investing in HMOs as higher mortgage costs prompt them to turn to larger properties with better returns.

Landlords' legal action halts licensing scheme

Landlords' legal action halts licensing scheme

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News
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A group of disgruntled landlords in Scunthorpe has succeeded in halting its new selective licensing scheme.

New “crackdown on bad landlords” launched by London council

New “crackdown on bad landlords” launched by London council

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News
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A new “crackdown on bad landlords” has been introduced by a London council.