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Is the rental market still profitable?

Is the rental market still profitable?

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Over recent years, governments have tightened lettings legislation and increased the tax burden on landlords. Add on the current cost-of-living crisis, high mortgage rates, and the Renters (Reform) Bill making its way through Parliament, some landlords are understandably beginning to wonder if it’s

Lack of advice stalling landlords' efforts to make properties greener, says RICS

Lack of advice stalling landlords' efforts to make properties greener, says RICS

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Landlords and industry professionals have been invited to share their thoughts on a new professional standard aimed at helping surveyors provide useful retrofitting advice. The Royal Institution of Chartered Surveyors (RICS) has launched a consultation on its draft <strong id=""

'I'm so sorry' helps landlord avoid prosecution after illegal eviction attempt

'I'm so sorry' helps landlord avoid prosecution after illegal eviction attempt

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A contrite landlord has apologised to the tenant he tried to illegally evict after being rapped on the knuckles by Coventry Council. The landlord sent text messages telling his tenant to leave when they told him the rent would be late. He then visited the property and took the t

Government prepares to implement looming 'eVisa' Right to Rent check changes

Government prepares to implement looming 'eVisa' Right to Rent check changes

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Landlords are to be asked how looming changes to the Right to Rent scheme will affect them, the Government has revealed. In a statement to parliament, Minister for Immigration (and former housing secretary) Robert Jenrick (main picture) said the transition

EXPERT: 'Binning Section 21 won't help as many tenants as campaigners hope'

EXPERT: 'Binning Section 21 won't help as many tenants as campaigners hope'

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Section 21 is the biggest headline grabbing element of the Renters Reform Bill but will be the least effective pieces of the legislation. Thats according to letting agent Kristjan Byfield (main picture), co-founder ofhttps://www.baseps.co.uk/"

High Street bank joins in criticism of Government over stalled evictions reform

High Street bank joins in criticism of Government over stalled evictions reform

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Shelter has this morning launched a campaign in partnership with the Co-operative Bank to persuade the Government to press ahead with its proposal to abolish Section 21 evictions. The two organisations have launched a PR stunt on Parliament Square today covering it with 172 card

SHOCK: 30% of landlords looking to sell 'some properties' says big broker

SHOCK: 30% of landlords looking to sell 'some properties' says big broker

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New data reveals the extent of the landlord exodus prompted by the current mortgage rate surge with 36% of landlords polled revealing they plan to sell a property over the next 12 months. The proportion intending to sell some properties was at 30%, up from 28% the last tim

Proportion of tenants over 65 years old set to surge in coming decade

Proportion of tenants over 65 years old set to surge in coming decade

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Landlords are increasingly likely to be renting to older tenants in the coming decade with the proportion of renters in private rented accommodation over 65 years old doubling to 11.5%, it has been reported. Letting agency Hamptons says its research reveal

Midlands council reveals crackdown on unlicenced HMOs with unusual results

Midlands council reveals crackdown on unlicenced HMOs with unusual results

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A council crackdown has uncovered four unlicensed HMOs and one being used as a cannabis factory in Kettering and Corby. North Northamptonshire Council joined forces with Northamptonshire Police in a week-long inspection of 76 HMOs, four of which are still being investigated.

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Agents report unusually quiet rental property market

Agents report unusually quiet rental property market

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Fewer would-be tenants registered with letting agents in December, while rental stock levels also dipped during the typically quieter seasonal period.

BBC probes complaint against infamous Scots landlord

BBC probes complaint against infamous Scots landlord

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A tenant has told of how a man – who he believes is landlord and controversial businessman Mark Fortune – threatened him over a rent row.

'Scrap extra Stamp Duty for landlords to solve rental crisis'

'Scrap extra Stamp Duty for landlords to solve rental crisis'

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The Chancellor has been urged to scrap the extra Stamp Duty paid by landlords when buying properties after new research shows the extra activity within the PRS - if it was scrapped - would generate an extra £10 billion in tax revenue for the Government.

Airbnb warns landlords over new HMRC reporting rules

Airbnb warns landlords over new HMRC reporting rules

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The tax net is closing in on property owners who use short-let platforms to earn rental income from their portfolios but not pay tax on it, Airbnb has warned.

Landlords slam Scotland's latest rent controls measures

Landlords slam Scotland's latest rent controls measures

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Scottish landlords criticise new rent arbitration scheme, labelling it back‑door rent controls that will exacerbate housing access issues.

Landlords: it's time to get 2024 off to a flying start

Landlords: it's time to get 2024 off to a flying start

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You’re a landlord looking to sell, but last year was a challenge. In 2024, it’s time to get your portfolios and properties sold and get you moving on to your next projects.

Home counties borough warns landlords over imminent HMO crackdown

Home counties borough warns landlords over imminent HMO crackdown

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HMO owners in Gravesham are being given a last chance to get their house in order ahead of a crackdown on unlicensed properties.

40% of people worried about paying rent or mortgage

40% of people worried about paying rent or mortgage

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Two in five (40%) of people who pay housing costs in England – equivalent to 12 million adults – are worried their housing pressures will get worse this year.

What's your opinion on being a landlord? Fill in this survey!

What's your opinion on being a landlord? Fill in this survey!

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Landlords are being urged to fill in a survey on the state of the private rented housing market and some of the key topics likely to be affecting them in the coming months.

Rise in number of landlords allowing tenants to redecorate

Rise in number of landlords allowing tenants to redecorate

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Surprising new research has revealed that three quarters of landlords would allow a tenant to redecorate their home, and half of landlords would pay for the costs of completing the work.

Housing law expert to host 'deep dive' into Labour's reforms

Housing law expert to host 'deep dive' into Labour's reforms

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Landlords are being invited to join a deep dive into the Renters’ Rights Bill during a two-day online conference featuring big hitters from the property sector.

Thousands of HMO landlords to face tougher rules in East of England

Thousands of HMO landlords to face tougher rules in East of England

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Norwich Council is overhauling its HMO policy by bringing in higher standards and tougher enforcement action.

Stretched councils 'unable to police landlords' mouldy homes'

Stretched councils 'unable to police landlords' mouldy homes'

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Local authorities are not enforcing private landlords’ legal duty to maintain safe housing, a BBC investigation has found.

High-profile landlord warns Energy Secretary over EPC upgrade plan

High-profile landlord warns Energy Secretary over EPC upgrade plan

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Nottingham benefits landlord Mick Roberts has warned that the government’s push to get rental properties up to an EPC C by 2030 could backfire.

Labour struggling with house building – quantity as well as quality

Labour struggling with house building – quantity as well as quality

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Angela Rayner’s promise to build 1.5 million new homes this Parliament is looking increasingly optimistic

BTL via Ltd company now most popular route

BTL via Ltd company now most popular route

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Seven out of 10 landlords planning to buy a new rental property during the next 12 months will use a limited company structure, it has been claimed.

Landlord to repay tenants £21,000 after failing to license HMO

Landlord to repay tenants £21,000 after failing to license HMO

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Four tenants have won £21,076 from their landlord who failed to explain why she hadn’t licensed her damp and cold HMO.

Rocketing leasehold charges trapping landlords with unsaleable flats

Rocketing leasehold charges trapping landlords with unsaleable flats

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Many landlords are struggling to sell leasehold flats because management charges have reached astronomical levels with many now forking out £2,000 or more a year.

Housing minister reveals plans to digitise property buying and selling

Housing minister reveals plans to digitise property buying and selling

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Landlords buying or selling homes will soon enjoy a smoother and quicker property transaction process after the Government announced that it is to digitise the system.

Salvation Army joins growing calls for Labour to unfreeze LHA

Salvation Army joins growing calls for Labour to unfreeze LHA

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The Salvation Army has joined calls for the UK government to help prevent homelessness in Scotland by scrapping the planned freeze on Local Housing Allowance (LHA).

Labour to force landlords to achieve EPC band C minimum

Labour to force landlords to achieve EPC band C minimum

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The government has confirmed its plan to force all private landlords to get their rental properties up to an EPC C – from the current EPC E – by 2030.

Renters’ Rights could scupper students’ uni plans

Renters’ Rights could scupper students’ uni plans

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Students from the UK and overseas could miss out on a university education unless the Government makes urgent changes to its Renters’ Rights Bill.

Tenants rescued by inspection officers after ignoring CO alarm

Tenants rescued by inspection officers after ignoring CO alarm

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A Birmingham Council officer has saved the lives of a family of renters during a selective licensing compliance visit.

Rental reforms stir controversy in House of Lords

Rental reforms stir controversy in House of Lords

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Despite warnings about potential unintended consequences of the Renters’ Rights Bill, the Bill is speeding through Parliament

Minister reveals end to rent controls in Scotland

Minister reveals end to rent controls in Scotland

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The Scottish government will scrap its temporary rent control legislation on 31st March, in a move which promises to boost landlords’ confidence.

Big company makes shock claim about 'small landlords'

Big company makes shock claim about 'small landlords'

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Build-to-rent developer Grainger has seen impressive growth thanks to a supportive government and the battering of smaller private landlords.

Landlords rush to sell amid high property demand

Landlords rush to sell amid high property demand

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From dwindling profits to tenant pressure groups and legislative interventions – landlords all over the UK have had enough.

LATEST: Bank of England lowers base interest rate to 4.5%

LATEST: Bank of England lowers base interest rate to 4.5%

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The Bank of England has cut interest rates by 0.25 percentage points to 4.5%, raising hopes of better mortgage deals for landlords.

Leading landords warn renting reforms will 'harm students'

Leading landords warn renting reforms will 'harm students'

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Leading landlords warn renting reforms may harm students by reducing supply or increasing rental costs.

'Super slum' landlord fined £14,000 over illegal HMO

'Super slum' landlord fined £14,000 over illegal HMO

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A landlord whose tenants were forced to use a drafty bathroom in the garden has been told to pay out more than £14,000.

Director trio banned after misleading investors over return of £4.13m

Director trio banned after misleading investors over return of £4.13m

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Three company directors have each been banned for seven years from running companies after 42 investors were misled about the return of £4.13m they had ploughed into a student accommodation development in Derby.

Major report reveals strain on landlords, tenants, agents

Major report reveals strain on landlords, tenants, agents

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Three quarters of landlords believe the private rented sector has got worse recently and half are planning to quit, the new report has also found.

Courts 'not ready for rental reforms' Lords and lawyers tell Labour

Courts 'not ready for rental reforms' Lords and lawyers tell Labour

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Lawyers and Tory peers have expressed fears that the Renters’ Rights Bill will be ineffective without further investment in the courts.

Lords warn govt: Renters’ bill may reduce housing supply

Lords warn govt: Renters’ bill may reduce housing supply

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Lords warn Renters’ Rights Bill could shrink rental supply, impacting landlords and tenants.