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UK Commercial property market is still feeling the effects of Covid‍

UK Commercial property market is still feeling the effects of Covid‍

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COVID impact still being felt on UK high streets four years on from the first lockdowns: commercial real estate lending is down but agents see signs of optimism.

DWP to snoop on benefit landlords' bank accounts

DWP to snoop on benefit landlords' bank accounts

News

Landlords’ bank accounts could be monitored as part of new legislation that aims to reduce overpayments to people claiming benefits and fraudulent claims.

EXPERT: Removal of Furnished Holiday Lets relief 'may never happen'

EXPERT: Removal of Furnished Holiday Lets relief 'may never happen'

News

Plans to abolish the Furnished Holiday Lets (FHL) regime could be delayed by at least a year from April 2025, and might never happen, according to one tax expert.

More pet rights for tenants tops landlords worries over reforms

More pet rights for tenants tops landlords worries over reforms

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Landlords are more concerned about tenants’ right to request to keep a pet than the potential abolition of Section 21, a new poll reveals.

HMRC restarts landlord pilots for its 'Making Tax Digital' scheme

HMRC restarts landlord pilots for its 'Making Tax Digital' scheme

News

More landlords can now try out Making Tax Digital (MTD) for Income Tax after HMRC paused the pilot last February.

Rise in HMOs pushes BTL yields to highest for six years

Rise in HMOs pushes BTL yields to highest for six years

News

Average rental yields have hit a six-year high with HMOs and properties in the North East offering landlords the best returns.

EPCs are misleading, inaccurate and need reform, says Which?

EPCs are misleading, inaccurate and need reform, says Which?

News

Consumer organisation Which? says there is considerable evidence that many EPCs are ‘not accurate’.

Landlord fined £528,000 after fence mending work leads to burns

Landlord fined £528,000 after fence mending work leads to burns

News

A large landlord has been fined £528,000 after a maintenance crew member repairing a fence post inadvertently struck an underground cable, suffering facial burns.

Landlords slam 'infuriating' licencing rules now driving evictions

Landlords slam 'infuriating' licencing rules now driving evictions

News

Landlords in Portsmouth say vulnerable tenants are being unfairly displaced due to the council’s draconian additional licencing scheme.

Rebel MPs demand ground rents abolished for existing leaseholds

Rebel MPs demand ground rents abolished for existing leaseholds

News

A group of 30 Tory MPs have written to the Chancellor Jeremy Hunt warning that they may vote against the Government’s Leasehold and Freehold Reform Bill unless ground rents are abolished for both future and existing leaseholds.

Rent controls 'will undermine investment in PRS' says expert

Rent controls 'will undermine investment in PRS' says expert

News

Rent controls will undermine investment in Scotland’s PRS unless there is more long-term certainty, according to one leading lettings expert.

London landlord narrowly avoids refunding tenant £32,000

London landlord narrowly avoids refunding tenant £32,000

News

A landlord has avoided a £32,000 rent repayment order after a judge ruled his flat was at an address not covered by a licensing scheme, but only just.

Section 21 increasingly being used by landlords to evict as ban looms

Section 21 increasingly being used by landlords to evict as ban looms

News

Section 21 evictions reached record highs in 2023, with over 25,000 households facing homelessness, prompting calls for urgent reform.

'Time for bold action with rent controls has come' says mayor hopeful

'Time for bold action with rent controls has come' says mayor hopeful

News

The Green Party’s mayoral candidate in London has said she will bring in rent controls saying the time for ‘bold action’ has come.

Landlords promised compensation as huge estate faces bulldozer

Landlords promised compensation as huge estate faces bulldozer

News

Landlords have been promised fair compensation by a developer planning to bulldoze scores of homes on one of England’s most deprived housing estates.

Letting agents call for short-lets crackdown in London

Letting agents call for short-lets crackdown in London

News

Propertymark has urged London’s Mayor to crack down on short-term lets through licensing in a bid to tackle over-supply in the capital.

Struggling HMO giant sells off more properties

Struggling HMO giant sells off more properties

News

Troubled property development company Home Holdings has put another raft of HMOs onto the market in a bid to shore up losses.

Osborne's 3% extra stamp duty is reason for BTL buying slump

Osborne's 3% extra stamp duty is reason for BTL buying slump

News

The decision by George Osborne in 2015 to introduce a 3% additional stamp duty levy on landlords has seen a slump in the number of BTL properties bought in the Tory heartlands of Southern England.

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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.

Leasehold reform takes first steps forward - but it's 'too slow'

Leasehold reform takes first steps forward - but it's 'too slow'

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Landlords who buy leasehold apartments will next month be able to extend the property’s lease without having to wait two years, as it presently the case.

Landlord slams tenant group's 'childish' social post

Landlord slams tenant group's 'childish' social post

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A fed-up landlord has challenged tenants’ union Acorn for using social media to relentlessly bash the PRS without considering the bigger picture.

Should you sell or hold ahead of Renters’ Rights changes?

Should you sell or hold ahead of Renters’ Rights changes?

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Expert tips to decide whether to hold or sell properties in today’s shifting market.

Tenants live in BTR homes for less time than traditional rentals

Tenants live in BTR homes for less time than traditional rentals

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Tenants are living in build-to-rent developments for less time than their counterparts in the traditional PRS – suggesting that they are not the panacea for the housing crisis that is often claimed.

Landlord who ignored outbuilding demolition order fined £23,000

Landlord who ignored outbuilding demolition order fined £23,000

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A landlord who built an illegal outbuilding to store his tenants’ belongings has been ordered to pay more than £23,000.

Mortgage rates set to rise post-budget, warns Rachel

Mortgage rates set to rise post-budget, warns Rachel

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Buy-to-let mortgage rates could fall slightly soon after creeping up since the Autumn Budget, according to financial experts.

BTL bounces back as lenders reveal surprise jump in lending

BTL bounces back as lenders reveal surprise jump in lending

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Activity within the buy-to-let market is reviving after months of uncertainty and political interference, new official landlord lending data suggests.

Get your energy-efficient house in order with Safe2

Get your energy-efficient house in order with Safe2

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Use SAFE2 to make your property more energy efficient and compliant before winter.

Welsh landlords to return two months' rent to evicted tenants

Welsh landlords to return two months' rent to evicted tenants

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Letting agents have called out Welsh Government plans to enable tenants facing eviction to keep their final two months’ rent as ‘compensation’.

EXCLUSIVE: National Trust rebuffs MPs claims over empty rental homes

EXCLUSIVE: National Trust rebuffs MPs claims over empty rental homes

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The National Trust has rejected claims that it stopped renting out its properties to avoid the growing legislative burden.

Property firm and landlord fined £14,000 over 'slum conditions' at house

Property firm and landlord fined £14,000 over 'slum conditions' at house

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A Liverpool landlord has been hit with a fine of almost £14,000 for allowing tenants to live in a “house of horrors”.

POLL: 44% of landlords support most extreme form of rent control

POLL: 44% of landlords support most extreme form of rent control

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Nearly half of landlords and three quarters of the general public support rent controls, a poll by YouGov on behalf of wealth inequality not-for-profit Common Wealth has revealed.

Welsh MS says reforms will push too many landlords out of rental market

Welsh MS says reforms will push too many landlords out of rental market

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A Welsh politician has sounded the alarm over new legislation which risks exacerbating the mass exodus of private landlords.

Agent warns renting reforms will throw tenancy starts into disarray

Agent warns renting reforms will throw tenancy starts into disarray

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A leading agency has warned that tenants could move into a property without having paid any rent once the Renters’ Rights Bill becomes law.

60% of tenants preparing to move home before end of July

60% of tenants preparing to move home before end of July

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The next six months will see a huge increase in demand for rental properties, landlords and letting agents have been told.

'Wicked' directors given suspended sentences over illegal eviction

'Wicked' directors given suspended sentences over illegal eviction

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The directors of a supported housing company who illegally evicted a vulnerable tenant have been handed suspended jail sentences.

Comment: Renters’ Rights legislation in place before Easter?

Comment: Renters’ Rights legislation in place before Easter?

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The Government is evidently taking decisive steps to ensure swift progress of the Renters’ Rights Bill through the Commons and the Lords, with a view to having the Act implemented before Easter

Landlords win legal battle to protect postal rights

Landlords win legal battle to protect postal rights

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A landlord couple have won their legal case against a tenant who claimed her section 21 notice was invalid.

Government promises EPC study is imminent

Government promises EPC study is imminent

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