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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.

REVEALED: £10k cost of getting rental properties up to Labour's new EPC minimum

REVEALED: £10k cost of getting rental properties up to Labour's new EPC minimum

News

Private landlords face an average bill of £10,000 to hit government EPC C targets by 2030, according to new research.

City's selective licensing to generate £7.7 million for council

City's selective licensing to generate £7.7 million for council

News

The City of Peterborough says it has received selective licencing applications for three quarters of the properties due to be included in the ten-ward scheme, with a deadline for the completion of applications due at the end of November.

Lobby group launches to fight Scotland's rent controls

Lobby group launches to fight Scotland's rent controls

News

A new private rented sector lobbying group hopes to convince the Scottish government to temper its plans for permanent rent controls under the Housing (Scotland) Bill.

Landlords warned after deposits court case stops eviction

Landlords warned after deposits court case stops eviction

News

An appeal judge has backed a tenant’s argument that serving prescribed information before the deposit is paid isn’t valid, meaning their eviction cannot go ahead.

REVEALED: Where landlords wait longest and shortest to find tenants

REVEALED: Where landlords wait longest and shortest to find tenants

News

Gloucester was the fastest moving rental market last month where the average property was let within 14 days of being advertised.

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Irony of ironies: Gove 'evicted' from his Ministerial home!

Irony of ironies: Gove 'evicted' from his Ministerial home!

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Housing Secretary Michael Gove faces eviction from his government-owned mansion on 5th July, the morning after the election.

HMO group wins gong for changing official tax policy

HMO group wins gong for changing official tax policy

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HMO Reform Group won a Lifetime Achievement Award at this year’s annual HMO Awards for its campaigning work to change the law on council tax being imposed on individual HMO rooms.

Next Government 'must fund better enforcement of rogue landlords'

Next Government 'must fund better enforcement of rogue landlords'

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Rogue landlords continue to give the sector a bad name because many councils enforce private rented sector standards weakly or not at all, a new report reveals.

Labour to help thousands of tenants get on the property ladder

Labour to help thousands of tenants get on the property ladder

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Labour has revealed an uncosted plan to help 80,000 young renters get onto the property ladder, assuming his party gains power atthe General Election.

WARNING: 'Bashing landlords will make PRS as bad as social homes'

WARNING: 'Bashing landlords will make PRS as bad as social homes'

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Standards in the PRS will soon fall to those in the social sector if regulation and licensing continues to push smaller landlords out, a leading letting agent and landlord has warned.

Landlords must update their home address or face fines, says judge

Landlords must update their home address or face fines, says judge

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Landlords need to update their home address with their local council’s property licensing department or risk a penalty, an appeal judge has ruled.

Landlords take council to High Court over 'rapacious' licensing fee

Landlords take council to High Court over 'rapacious' licensing fee

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Disgruntled landlords have started legal action against Middlesbrough Council in a bid to squash its upcoming selective licensing scheme.

If you’re thinking of selling, here’s how to get the highest price for your properties this year

If you’re thinking of selling, here’s how to get the highest price for your properties this year

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We’ve all seen the headlines, from mixed-message articles to advice from experts and landlords, but if now REALLY is the best time to sell, how can we ensure we’re getting the highest amount in the fastest time?

Letting agents flag huge worries over landlords leaving market

Letting agents flag huge worries over landlords leaving market

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Letting agents are concerned that increasing numbers of landlords are exiting the market.

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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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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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.

Fewer luxury homes to rent in London feeds into higher rents

Fewer luxury homes to rent in London feeds into higher rents

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A reduced supply of luxury rental homes in London is feeding into higher rents, which are now a third higher than before the pandemic, new research has revealed.

Rogue landlords come under attack from Labour MP Tom Hayes

Rogue landlords come under attack from Labour MP Tom Hayes

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Labour MP Tom Hayes has launched a survey to quiz tenants and landlords in his Bournemouth East constituency, in a bid to fix the “broken” rented sector.

WASPI women need to be fairly compensated after constituent was evicted, says MP

WASPI women need to be fairly compensated after constituent was evicted, says MP

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Liberal Democrat MP Sarah Dyke has called for WASPI women to be fairly compensated after one of her constituents was evicted.

‘Rentflation’ costs young people an extra £1,616, says Barclays

‘Rentflation’ costs young people an extra £1,616, says Barclays

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‘Rentflation’ has cost young people an extra £1,616 on their rent bill in the past year, according to new data from Barclays.

Tenants on benefits will be pushed into poverty, warns NRLA

Tenants on benefits will be pushed into poverty, warns NRLA

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Almost half of all private renters who receive Local Housing Allowance experience a shortfall between their payment and monthly rent, according to new analysis by the NRLA.

Landlords who fail to address damp and mould problems ahead of Awaab’s Law risk legal action

Landlords who fail to address damp and mould problems ahead of Awaab’s Law risk legal action

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Landlords who fail to address damp and mould problems ahead of Awaab’s Law risk legal action, reputational damage, and significant fines, an air quality monitoring firm has warned.

More companies are registered to hold buy-to-let property than for any other type of business

More companies are registered to hold buy-to-let property than for any other type of business

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More companies are registered to hold buy-to-let property than for any other type of business as investors seek to reduce their tax burden, new data reveals.

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.