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Landlords face £4,000 loss due to rising mortgage rates

Landlords face £4,000 loss due to rising mortgage rates

News

Landlords have effectively lost more than �4,000 in earnings per property during the last year thanks to soaring mortgage rates and rising costs.

Landlord shocked after bank paints unauthorised mural all over rented house

Landlord shocked after bank paints unauthorised mural all over rented house

News

Even upmarket landlords face 'stark choices' now says leading property figure

Even upmarket landlords face 'stark choices' now says leading property figure

News

Landlords in the capital's prime rental sector are facing a stark choice between topping up a rent shortfall or selling up.

Impending oil boiler ban will affect many rental properties

Impending oil boiler ban will affect many rental properties

Information

UK's oil boiler ban for off-grid homes delayed to 2035; landlords face retrofit challenges with heat pumps in rural properties.

'HMRC figures show landlord exodus began TWO years ago', says Savills

'HMRC figures show landlord exodus began TWO years ago', says Savills

News

New data analysis confirms a rise in buy-to-let landlords selling properties during the past two years and the potential for more properties to leave the sector.

POLL: Landlords worried over plans to bring in compulsory ombudsman

POLL: Landlords worried over plans to bring in compulsory ombudsman

News

Nearly 60% of landlords are either against or not convinced by the Government's plans to bring in mandatory membership of an ombudsman for all landlords in England, it has b

Is it fair when landlords are charged huge arrangement fees for BTL mortgages?

Is it fair when landlords are charged huge arrangement fees for BTL mortgages?

Information

A mortgage expert has advised landlords not to be put off by high arrangement fees on BTL mortgages, but some landlords and brokers have accussed lenders of profiteering.

Town declares housing crisis blaming 'skyrocketing' rents partly on landlord exodus

Town declares housing crisis blaming 'skyrocketing' rents partly on landlord exodus

News

A town council in the SW has declared a �housing crisis' blaming affluent new arrival renters but also 'landlords pulling out of the market' for rapidly-rising rents.

EXCLUSIVE: New licencing schemes to rise by 31% in 2023 says data firm

EXCLUSIVE: New licencing schemes to rise by 31% in 2023 says data firm

News

The number of selective and HMO additional licensing schemes launched this year has already equalled last year's total as councils come under pressure to tackle private rent

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Student landlords STILL being forgotten by Labour - expert

Student landlords STILL being forgotten by Labour - expert

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Paddy Jackman says sector's needs 'falling between' cracks as Government pushes ahead with renting reforms.

Judge highlights  unregulated eviction 'solicitors' problem

Judge highlights  unregulated eviction 'solicitors' problem

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News
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Court case highlights ongoing problem of legal firms that claim to be 'authorised' to help landlords evict tenants when they are not.

Generous property 'leasing scheme' for landlords goes national

Generous property 'leasing scheme' for landlords goes national

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Landlords across Wales can now take advantage of a scheme that lets them lease their property to the local council for up to 20 years.

'Cut stamp duty if you want to help end housing crisis'

'Cut stamp duty if you want to help end housing crisis'

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Scotland’s landlords have urged its government to pause additional stamp duty payments in a bid to alleviate its housing emergency.

Big NE of England town latest to reign-in HMO numbers

Big NE of England town latest to reign-in HMO numbers

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Darlington looks set to be the latest council bringing in tougher rules to control the growth of small HMOs.

Minister explains why pet damage insurance 'not needed'

Minister explains why pet damage insurance 'not needed'

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Minister explains why pet damage insurance will not be mandated, and says current deposit of five weeks 'enough'.

Criminal gang jailed for running cannabis farms across UK

Criminal gang jailed for running cannabis farms across UK

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A gang of cannabis farm operators, drug dealers and people smugglers have been jailed.

Big NW town latest to clamp down on HMO growth

Big NW town latest to clamp down on HMO growth

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Wigan council says rise in number of smaller HMOs within its borders means new powers to scrutinise new applications are needed.

Flipping now 'tricky' as higher taxes and lower price rises bite

Flipping now 'tricky' as higher taxes and lower price rises bite

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News
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The practice of property flipping to make a profit is under serious threat from both higher tax and lower house price rises.

Government promises EPC study is imminent

Government promises EPC study is imminent

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News
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The government looks set to launch its overdue consultation into new energy efficiency standards in the PRS during the next few weeks.

Is now the time to sell before Renters’ Rights law?

Is now the time to sell before Renters’ Rights law?

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The Renters’ Rights Bill returned to Parliament this week and it getting ever closer to becoming law by the summer has sent alarm bells ringing.

Peers scheduled to debate fast-tracked Renters' Rights Bill

Peers scheduled to debate fast-tracked Renters' Rights Bill

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The Renters’ Rights Bill has had its first reading in the House of Lords and is due for a full debate on 4th February.

Cash announced for empty shop auction scheme

Cash announced for empty shop auction scheme

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News
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Local councils will be offered up to £79,000 to refurbish an empty property under the government’s new High Street Rental Auctions initiative.

North West council extends selective licensing

North West council extends selective licensing

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Burnley has given the green light to a bigger selective licensing scheme covering 3,700 private rented properties.

Big corporates hoovering up homes from exiting small landlords

Big corporates hoovering up homes from exiting small landlords

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Letting agents have reported that institutional and portfolio landlords are moving in to buy stock from exiting landlords.

How will Rachel Reeves' Budget affect property investors and landlords?

How will Rachel Reeves' Budget affect property investors and landlords?

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News
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Budget changes present businesses including landlords and letting agents with some real stiff challenges in 2025

Live-in landlord mocked for seeking 'part-time' tenant

Live-in landlord mocked for seeking 'part-time' tenant

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Social media users have ridiculed a landlord for advertising an expensive room - but asking would-be tenants to stay out until after 8.30pm.

Rising rents fall back from record high

Rising rents fall back from record high

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Average rent in England increased 9.2% to £1,369 in the 12 months to December - slightly down on the previous record-high annual growth.

Pensioner landlords demanded to take over tenant's room

Pensioner landlords demanded to take over tenant's room

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A landlord couple who moved into their tenant’s spare bedroom while she was still living there have been fined.

MPs send amended Renters' Rights Bill to the Lords

MPs send amended Renters' Rights Bill to the Lords

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The Bill has moved another step closer to becoming law, with MPs agreeing amendments that include preventing landlords from taking more than one month’s rent.

January's tax deadline approaches, thoughts turn to this annual task

January's tax deadline approaches, thoughts turn to this annual task

Information
News
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Keeping on top of your accounts month by month makes the annual self-assessment tax return task easier and makes sure you are in control of your business

Top six misconceptions about Ltd company BTL mortgages

Top six misconceptions about Ltd company BTL mortgages

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Limited Company buy to let mortgages are increasingly popular, however there are still many myths that need debunking.

Landlords hit with former owners' massive council tax bills

Landlords hit with former owners' massive council tax bills

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Landlords in Kent are inheriting huge council tax bills racked up by the previous owners when buying empty properties.

Portfolio landlords boost share of incorporated properties

Portfolio landlords boost share of incorporated properties

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The proportion of incorporated property held in portfolios of landlords who use limited companies has more than doubled since Q1 2020.

Renters' Rights Bill could exclude scores of private tenants

Renters' Rights Bill could exclude scores of private tenants

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News
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A leading property lawyer warns that removing risk mitigation strategies will make many tenants on lower incomes “unlettable”.

Landlord slapped with £20,000 repayment order for unlicensed HMO

Landlord slapped with £20,000 repayment order for unlicensed HMO

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A landlord must repay tenants £20,000 in rent after he failed to convince a tribunal he wasn’t aware of a licensing scheme.

London borough forces all landlords to license properties

London borough forces all landlords to license properties

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All private landlords in Barking and Dagenham must get a licence from April following the introduction of its selective scheme.

Divorce rates have their impact on rental demand

Divorce rates have their impact on rental demand

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News
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There’s an often-overlooked impact of couples splitting on the demand for housing and particularly for rentals as splits occur every year in the UK

NRLA slams Welsh tenant compensation plan

NRLA slams Welsh tenant compensation plan

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The Welsh government has agreed to explore the possibility of making landlords give tenants compensation if they are evicted.

New book helps landlords prepare for renters' rights shake-up

New book helps landlords prepare for renters' rights shake-up

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A former solicitor and property expert has penned a book on how landlords can avoid litigants and potential crippling fines.

Landlords warned to look out for fake document scam

Landlords warned to look out for fake document scam

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Landlords have been reminded to double check tenants’ documents after several London landlords were handed fake payslips.

Leasehold property listings miss out vital facts

Leasehold property listings miss out vital facts

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News
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Property portals and estate agents are failing buyers of leasehold properties by not flagging up legally required information.

Landlords face higher bills to join new government schemes

Landlords face higher bills to join new government schemes

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Fees for joining the redress scheme and landlord database could be “significantly higher” following amendments to the Renters’ Rights Bill.

Rogue rent-to-rent agency hit with £35,000 penalty

Rogue rent-to-rent agency hit with £35,000 penalty

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A Portsmouth rent-to-rent agency which let out overcrowded and unlicensed HMOs has been handed a hefty fine.