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Landlord trio sell portfolio for £22m citing 'complex renting environment'

Landlord trio sell portfolio for £22m citing 'complex renting environment'

News

Three landlord brothers have had a whopping £22 million pay day after selling their property portfolio to an investment trust.

EXPERT: Renting reforms will make 'horrendous housing crisis' worse

EXPERT: Renting reforms will make 'horrendous housing crisis' worse

News

A leading property expert says the UK is heading for a “horrendous housing crisis” that could worsen with the advent of the Renters’ Rights Bill.

Social housing in crisis as tenants’ complaints go through the roof

Social housing in crisis as tenants’ complaints go through the roof

News

New report from the Housing Ombudsman shows complaints about substandard living conditions in social housing in England are five times higher than they were five years ago

Midlands council to stop landlords evicting tenants via new scheme

Midlands council to stop landlords evicting tenants via new scheme

News

Wolverhampton Council has launched a mediation service for private landlords and tenants to help prevent evictions.

HMOs 'a real real problem' and need restricting says Reform

HMOs 'a real real problem' and need restricting says Reform

News

HMOs in Southend face a crackdown as the council considers proposals to limit landlords’ future applications.

Latest EPC shake-up to be 'good for flats, bad for houses'

Latest EPC shake-up to be 'good for flats, bad for houses'

News

Upcoming changes to EPCs next month could end up costing landlords more and see properties downgraded if they don’t have energy upgrade documents, it has been claimed.

OPINION: Landlords and agents had a chance to avoid licensing, and blew it

OPINION: Landlords and agents had a chance to avoid licensing, and blew it

News

It is not unusual to hearletting agents and their landlord clients complaining that operating within theprivate rented sector is has become increasingly tangled with red tape.

WARNING: Money lost to 'investment scams' rises to £144 million

WARNING: Money lost to 'investment scams' rises to £144 million

News

The public has been warned to be vigilant following a new report that shows the number of people relieved of their savings by ‘investment scams’ has increased by value for the first time since 2021, reaching £144 million.

'Blue-rinse' seaside resort seeks to restrict number of HMOs

'Blue-rinse' seaside resort seeks to restrict number of HMOs

News

The borough council’s planning committee will vote on whether to introduce an Article 4 direction next week.

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London landlord narrowly avoids refunding tenant £32,000

London landlord narrowly avoids refunding tenant £32,000

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News
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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

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News
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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

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News
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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

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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

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News
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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

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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

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News
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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.

'Scotland's fast-rising rents are the SNP/Green's fault'

'Scotland's fast-rising rents are the SNP/Green's fault'

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News
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A leading letting agent in Scotland has laid the blame for the country’s rental supply woes firmly at the feet of former Tenants’ Rights minister Patrick Harvie.

Fugitive Midlands landlord faces long jail sentence

Fugitive Midlands landlord faces long jail sentence

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News
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A rogue landlord and fugitive fraudster who intimidated his tenants is in jail after more than five years on the run.

No change to CGT - but four landlords say 'we’re out!'

No change to CGT - but four landlords say 'we’re out!'

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Despite the overall good news, many landlords have remained in brace position and have reached out to exit the market and sell their buy-to-lets.

Stamp duty increase 'will reduce investment in private rented sector'

Stamp duty increase 'will reduce investment in private rented sector'

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Property auctioneers gave revealed its concerns about the Chancellor’s decision to raise Stamp Duty for those who purchase buy-to-let properties.

Prince William to 'upgrade estate' featuring mouldy rental homes

Prince William to 'upgrade estate' featuring mouldy rental homes

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Prince William has promised to upgrade the private rental properties he rents out via the Duchy of Cornwall after reports over the weekend.

Tenant activists call for 'harsher' renting reform bill

Tenant activists call for 'harsher' renting reform bill

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News
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A lobbying group for renters’ rights is hoping to persuade MPs to make the Government’s renting reform legislation regulated landlords even harder.

COMMENT: Autumn Budget 2024

COMMENT: Autumn Budget 2024

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News
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Investors, business owners, landlords and pension savers were braced for a painful attack on their assets, gains and savings

Scotland to limit rent rises to official inflation rate

Scotland to limit rent rises to official inflation rate

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News
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The Scottish Government has announced a new inflation-linked rent cap in its Housing Bill in a bid to balance supporting tenants with protecting landlords’ property rights.

Leading research institute slams Chancellor over stamp duty hike

Leading research institute slams Chancellor over stamp duty hike

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News
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The Institute for Fiscal Studies (IFS) has slammed the Stamp Duty rise for landlords, warning that tenants will suffer as a result of the Budget announcement.

Bringing back empty rental homes should be 'biggest priority' says landlord

Bringing back empty rental homes should be 'biggest priority' says landlord

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News
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Landlords should be encouraged to renovate and repurpose their empty properties to help resolve the housing crisis, according to one landlord.

Landlord to return deposit after odd attempt to charge for letters

Landlord to return deposit after odd attempt to charge for letters

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News
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A landlord has failed in a bizarre attempt to withhold her tenant’s deposit by billing hundreds of pounds for writing letters and taking photographs.

New Local Housing Allowance freeze is 'nonsensical' say landlords

New Local Housing Allowance freeze is 'nonsensical' say landlords

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News
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The government’s decision to freeze housing benefit rates next year, leaving private tenants facing financial hardship, has been labelled “nonsensical”.

Autumn Budget – A Halloween Horror Story

Autumn Budget – A Halloween Horror Story

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News
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After a huge amount of speculation in the press we can finally report what the new Labour Government has decided to do (and not to do) on the tax front

Stamp duty hike will add £7,000 to each purchase for landlords

Stamp duty hike will add £7,000 to each purchase for landlords

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News
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Landlords will face an additional average charge of more than £7,000 from tomorrow when buying a property thanks to an uplift in Stamp Duty charges.

'If the Budget delivers stability, the property sector will benefit'

'If the Budget delivers stability, the property sector will benefit'

Opinion
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Nick Lyons, chief executive of inventory experts No Letting Go give his view on the measures announced yesterday in parliament by Rachel Reeves.

ANALYSIS: What does stamp duty hike mean for landlords?

ANALYSIS: What does stamp duty hike mean for landlords?

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News
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The Labour Government has ramped up its increasingly anti-landlord policies by increasing the stamp duty they pay when buying rental properties from 3% to 5%.

Stamp duty hike hits landlords with 5% second home rate

Stamp duty hike hits landlords with 5% second home rate

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News
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Chancellor Rachel Reeves increases stamp duty surcharge to 5% for second homes and buy-to-let properties, effective from 31 October 2024.

Rogue landlord to pay £7,000 after council raids properties

Rogue landlord to pay £7,000 after council raids properties

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A rogue landlord has been handed a £7,000 legal bill for renting out three dangerous flats containing a raft of faults.

Activists urge Chancellor to make landlords pay NI contributions

Activists urge Chancellor to make landlords pay NI contributions

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Generation Rent has urged Chancellor Rachel Reeves to tax landlords harder in her first Budget by making them pay NI contributions.

Short-lets licensing would be intensely impractical' warns expert

Short-lets licensing would be intensely impractical' warns expert

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A leading property lawyer has described a campaigning MP’s latest attempt to usher in harsher regulation of short-lets in holiday hotspots as ‘intensely impractical’.

Labour promises to kick dodgy letting agents out of industry

Labour promises to kick dodgy letting agents out of industry

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News
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Labour has committed to regulating estate agents in a bid to oust the rogue operators within the sector who give the wider industry a bad name and often cost landlords money and time when their services fall short of minimum standards.

Manchester mayor to back role of 'good landlords' in rental sector

Manchester mayor to back role of 'good landlords' in rental sector

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Manchester mayor Andy Burnham is to make a keynote speech at the NRLA’s annual conference in Birmingham next week.

Third of all rental homes have an EPC under band C, new data shows

Third of all rental homes have an EPC under band C, new data shows

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Landlords face an ongoing buy-to-let investment challenge as a new report reveals that a third of all homes for sale in Britian have an EPC rating below a C.

Agent sentenced after giving drugs gang keys to landlord's flat

Agent sentenced after giving drugs gang keys to landlord's flat

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A letting agent who allowed a criminal gang to use landlords’ empty flats to hide cash and drugs has been given a community sentence.

Council spends £210k chasing down landlord for £40k fine

Council spends £210k chasing down landlord for £40k fine

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News
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A rogue landlord who threatened to evict his tenant after she complained about dodgy utilities bills has been handed a huge court fine.

Is the rental market broken? Have your say

Is the rental market broken? Have your say

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Landlords, tenants and letting agents are being asked to reveal their experiences of the private rented sector within a new national survey.

Fears that PD conversions could be below par 

Fears that PD conversions could be below par 

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News
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Insurance company Zurick UK warns that many Permitted Development (PD) conversions could become uninhabitable