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Landlords rushing to sell as mortgage costs soar above tenants' rent

Landlords rushing to sell as mortgage costs soar above tenants' rent

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Private landlords across the UK have found themselves in hot water, and its no surprise that many are rushing to sell their property portfolios. A recent article by the BBC reported that private landlords had expressed critical concerns that their rents wont cover the cost

Reform Bill: 'Justice at stake if eviction changes not backed by extra funding'

Reform Bill: 'Justice at stake if eviction changes not backed by extra funding'

News

Court reforms and extra funding are needed if the governments overhaul of the evictions process is to succeed, warn landlord groups and eviction specialists. It has promised to abolish section 21 no fault evictions as part of the https://www.landlordzone.c

Reform Bill: Landlord database to be enforced with court orders

Reform Bill: Landlord database to be enforced with court orders

News

A new ombudsman known as the landlord redress scheme - and property portal would be compulsory for all private sector landlords. Part of the https://www.landlordzone.co.uk/news/renters-reform-bill-we-take-a-first-look-at-the-radical-new-legislation/" Renters

First look: Renters’ Rights Bill promises sweeping changes

First look: Renters’ Rights Bill promises sweeping changes

News

First look at the Renters (Reform) Bill: groundbreaking tenant protections, streamlined landlord redress & flexible ‘pets-in-lets’ rules.

Purplebricks sold to rival for �1 after senior team throw in the towel

Purplebricks sold to rival for �1 after senior team throw in the towel

News

Purplebricks, which at one stage was used by thousands of landlords to manage their properties, has announced that its assets and business are to be sold to rival Strike for �1, pending approval by its shareholders. Any funds remaining in the firm some �5.5 million are

Gove's plan to ease HMO rules for asylum accommodation

Gove's plan to ease HMO rules for asylum accommodation

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Michael Gove approves relaxed HMO rules for asylum seeker housing, exempting safety standards and licensing; critics warn of potential exploitation.

BLOG: 'Reform bill will solve the problem of pet damage for landlords'

BLOG: 'Reform bill will solve the problem of pet damage for landlords'

News

The long-awaited Renters (Reform) Bill will finally be introduced in parliament after Prime Minister's Questions today. Setting out plans for 12 key reforms to the private rental sector, the 11th pledge - to give tenants the right in law to request a pet, which should not be unr

Agents who lack licencing law know-how 'putting landlords at risk'

Agents who lack licencing law know-how 'putting landlords at risk'

News

Bungling letting agents with a lack of legal understanding are putting landlords at risk of prosecution, it has been claimed. One landlord expert has advised caution when signing up with a firm in the current climate of increasing legislation and falling profits, particularly fo

Opinion: does Michael Gove know something we don't?

Opinion: does Michael Gove know something we don't?

Opinion

It would seem that successive Tory governments have waged an ongoing and progressively more vicious war on buy-to-let landlords, but this latest layer of legislation goes much further. Yes, this latest iteration, and one thats https://bills.parliament.uk/bills/1768/s

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Two out of five landlords to leave the market, survey predicts

Two out of five landlords to leave the market, survey predicts

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A worrying 39% of landlords will probably exit the market within the next five years, according to the latest poll.

Only 9% of properties sold by landlords in Scotland return to the private rented sector

Only 9% of properties sold by landlords in Scotland return to the private rented sector

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Only 9% of properties sold by landlords in Scotland in a recent 12-month period returned to the private rented sector, a new survey has found.

Only a fifth of landlords are prepared for new mandatory sanctions checks

Only a fifth of landlords are prepared for new mandatory sanctions checks

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Only a fifth of landlords and letting agents feel prepared for the new mandatory sanctions checks on all landlords and tenants.

Landlords investing in mixed-use property in bid for higher returns

Landlords investing in mixed-use property in bid for higher returns

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More landlords are investing in mixed-use properties in their quest for more robust returns.

Average asking rent of a property outside of London jumps to new record £1,349 a month

Average asking rent of a property outside of London jumps to new record £1,349 a month

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The average asking rent of a property outside of London has increased to a new record £1,349 a month, new data reveals.

Housing market begins to "cool" amid higher number of properties for sale

Housing market begins to "cool" amid higher number of properties for sale

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The number of homes for sale has reached a new height as demand among house hunters “cools”, it has been revealed.

COMMENT: How do you get started investing in property?

COMMENT: How do you get started investing in property?

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How do you get started investing in property? A recent post on our LandlordZONE Forums got me thinking about this question

Tenants in Buckinghamshire fork out for the highest rents in the country

Tenants in Buckinghamshire fork out for the highest rents in the country

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Tenants in Buckinghamshire fork out for the highest rents in the country - even more than those living in London’s prime SW7 postcode.

Paragon Bank launches cheapest buy-to-let five-year fix in almost three years

Paragon Bank launches cheapest buy-to-let five-year fix in almost three years

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Paragon Bank has launched its cheapest buy-to-let five-year fix in almost three years, becoming the latest lender to offer landlords more attractive deals.

Labour's 'peverse' renting reforms will raise rents, warns TV landlord

Labour's 'peverse' renting reforms will raise rents, warns TV landlord

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The Renters’ Rights Bill will discourage landlords from renting out their properties and raise rents, according to Talk TV presenter and private landlord, Cristo Foufas (main image).

Famous landlord offers rental home at £180,000 a MONTH

Famous landlord offers rental home at £180,000 a MONTH

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Renters with only the deepest pockets will be getting the keys to what is understood to be the most expensive ever rental home marketed in the UK.

Every rental property 'chased by 11 tenants on average'

Every rental property 'chased by 11 tenants on average'

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UK letting agents are still receiving nearly double the number of enquiries about each available rental property than they were pre-pandemic.

Corporate landlords to be exempt from Decent Homes Standard

Corporate landlords to be exempt from Decent Homes Standard

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The Government has revealed more details about how the ‘corporate’ student sector, which competes with traditional landlords for tenants, will be regulated in the future.

Landlord fights council over £15,000 HMO fine... and wins

Landlord fights council over £15,000 HMO fine... and wins

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A landlord has successfully fought a licensing fine after an Upper Tribunal judge ruled it couldn’t be proved that a fifth tenant was living permanently in his HMO.

'Landlord bashing won't help solve housing crisis'

'Landlord bashing won't help solve housing crisis'

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A mortgage lending expert has warned that landlord bashing risks pushing out more smaller landlords, creating a vicious circle of fewer available rental properties and higher rents for tenants.

Landlords spending 'too much' on EPC upgrades

Landlords spending 'too much' on EPC upgrades

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Most landlords’ ignorance of the points-based EPC system means they can sometimes spend more money than necessary on energy efficiency improvements.

Tenants can now pay landlords via their credit card

Tenants can now pay landlords via their credit card

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A digital platform that enables tenants to pay their rent via their credit or debit card rather than a BACS payment has officially launched in the UK.

Local authorities’ new powers to auction leases of vacant commercial premises

Local authorities’ new powers to auction leases of vacant commercial premises

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Local authorities' now have new powers to auction off leases of vacant commercial units in Britain’s town centres and high streets

Landlords worried about missing payments discover agent in jail

Landlords worried about missing payments discover agent in jail

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Landlords who complained about a missing letting agent have discovered that he had been jailed for assaulting a sex worker.

Government to spend millions stopping landlord evictions

Government to spend millions stopping landlord evictions

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More money will be spent persuading landlords not to evict tenants as part of a huge cash boost to help prevent homelessness.

Northern council to expand selective licensing

Northern council to expand selective licensing

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More landlords in Wirral could have to pay for a selective licence under plans being drawn up by the local council.

Rents rising by 9.1% a year on average, official figures reveal

Rents rising by 9.1% a year on average, official figures reveal

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Rents charged for new tenancies across the UK continue to rise as landlords seek to offset higher costs and supply continue to be weak, latest Government data shows.

Labour to allow councils to 'take over' empty rental properties

Labour to allow councils to 'take over' empty rental properties

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Councils will be given more power to force landlords to rent out vacant residential properties as part of the government’s English Devolution white paper.

Letting agents warn over Labour's plan to increase licensing

Letting agents warn over Labour's plan to increase licensing

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Letting agents have slammed plans to ease licensing rules that will mean local councils can introduce large selective schemes without government approval.

HMO landlords warned as London council begins 1,000s inspections

HMO landlords warned as London council begins 1,000s inspections

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Ealing Council has ramped up its crackdown on rogue landlords with a rigorous programme of HMO inspections.

Councils given more powers to licence landlord properties

Councils given more powers to licence landlord properties

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Local authorities will no longer have to ask the Secretary of State for permission to introduced selective licensing schemes in England and Northern Ireland, it has been revealed.

Lenders warn of 'challenging' year ahead for landlords

Lenders warn of 'challenging' year ahead for landlords

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Economic headwinds are set to shrink purchases in the buy-to-let market by 7% next year to £9 billion, predicts UK Finance.

Norwich landlords fume over missing rental payments

Norwich landlords fume over missing rental payments

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Landlords in Norwich are chasing thousands of pounds in rent payments from a letting agency which appears to have gone under.

Tenant demo in London calls for rent controls

Tenant demo in London calls for rent controls

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Hundreds of tenants have staged a protest in central London calling for the government to introduce rent controls.

Major national park moves to restrict holiday lets

Major national park moves to restrict holiday lets

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One of the UK’s larger national parks is planning to stop any new homes that are built within it being used as holiday/short lets or second homes.

Legal Matters: Serving notices, don’t fall foul of the law

Legal Matters: Serving notices, don’t fall foul of the law

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A crucial task for landlords and agents is to correctly serve statutory notices and other documents

What should the new rental contracts be called? Have your say!

What should the new rental contracts be called? Have your say!

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Property experts are pondering what the government might name new tenancies created by the Renters’ Rights Bill.

Council takes unusual approach to signing off HMOs

Council takes unusual approach to signing off HMOs

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A district council has come up with a set of exceptional circumstances to help decide when to give the go-ahead to new HMOs.

Student landlord lands £2.3 million refinancing deal

Student landlord lands £2.3 million refinancing deal

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A landlord in Liverpool has secured £2.3 million to refinance eight student HMOs within the city and unusually has gone public about the deal.