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What do the falling house prices mean for landlords?

What do the falling house prices mean for landlords?

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May has brought more bad news for some landlords with the Nationwide Building Society reporting a 3.4% drop in house prices in the year to May 23 and interest rates that are expected to rise to 5.5.% later this year.

NEW: 'Landlords who make sex for rent demands should be banned for life'

NEW: 'Landlords who make sex for rent demands should be banned for life'

News

Estate agents have called for landlords who advertise sex for rent to be banned from the PRS for life. In its response to the governments https://www.gov.uk/government/consultations/exchange-of-sexual-relations-for-accommodation-sex-for-rent#:~:text=The%20consultatio

LATEST: London borough gives green light to big new HMO licencing scheme

LATEST: London borough gives green light to big new HMO licencing scheme

News

Redbridge Council in North London has given the go-ahead for a new borough-wide additional HMO licensing scheme. The scheme extends licensing to all HMOs with three or more tenants forming two or more households after the authoritys consultation disco

COMMENT: Why are property values going down for the first time in ten years?

COMMENT: Why are property values going down for the first time in ten years?

News

The Halifax revealed today that house prices have fallen on an annual basis for the first time since December 2012, by 1%. This means the average house value has declined by �132 which may not sound a lot but represents a seismic change after years of ultra-low interest rates p

NEW: Property educators urged to join reform group's first national summit

NEW: Property educators urged to join reform group's first national summit

News

Property educators are being urged to collaborate, learn, and shape the future of property education at The Property Investors Bureau Property Educators Summit. The invitation-only industry event aims to improve standards, foster collaboration, and add value to their business by

NEW: London's bailiff service problems spreading to other areas of UK says expert

NEW: London's bailiff service problems spreading to other areas of UK says expert

News

Following our storyhttps://www.landlordzone.co.uk/news/breaking-evictions-grind-to-a-halt-as-bailiffs-reduce-workload-over-health-and-safety/" https://www.landlordzone.co.uk/news/breaking-evictions-grind-to-a-halt-as-bailiffs-reduce-workload-over-health-and-safe

Concerns over loan defaults as office and retail tenants fail to renew leases

Concerns over loan defaults as office and retail tenants fail to renew leases

News

Persistent home working is affecting office occupancy rates and is leading commercial tenants to fail to renew their office leases. Ghost city streets have emerged post pandemic as occupancy rates hit a new low. In the UK it has been reported that these office space rates could

BLOG: Ministers MUST reconsider periodic tenancy plans for students

BLOG: Ministers MUST reconsider periodic tenancy plans for students

News

Last year saw worrying housing shortages in a number of university cities in the UK. In Leeds we were turning away larger than usual numbers of students at the back end of the summer as there were simply no rooms available. Even before the proposed changes under thehttp

BREAKING: Welsh Government is 'looking at rent control options'

BREAKING: Welsh Government is 'looking at rent control options'

News

The Welsh Government has launched a consultation on fair rents and adequate housing within which housing minister Julie James (main picture) reveals she is considering rent controls. The https://www.gov.wales/sites/default/files/consultations/2023-06/housing-adequ

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Calls for reforms to EPCs to help decarbonise UK homes

Calls for reforms to EPCs to help decarbonise UK homes

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News
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Inconsistencies in the existing EPC calculation mean that property owners can currently pay out thousands of pounds for work that, when they come to sell, they find actually lowered their EPC rating.

Tenants facing rent rises call for 'lower energy bills in return'

Tenants facing rent rises call for 'lower energy bills in return'

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News
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Most renters expecting a rent increase this year believe their landlords should make energy efficiency improvements to help offset the rise.

Big city to consult on more licencing of smaller HMOs

Big city to consult on more licencing of smaller HMOs

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News
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Coventry councillors are set to approve a 12-week consultation into plans to renew the city-wide additional licensing scheme.

HMO numbers continue to nosedive including 23% drop in London

HMO numbers continue to nosedive including 23% drop in London

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News
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The number of Houses of Multiple Occupation (HMOs) in England is continuing to nosedive, official statistics seen by LandlordZONE reveal.

Build-to-rent sector reveals record period of growth

Build-to-rent sector reveals record period of growth

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News
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Build-to-rent (BTR) continues its seemingly unstoppable march across UK cities, with the British Property Federation reporting that 58,000 homes had detailed planning permission in Q4 2023, the highest number on record.

Landlords rush to sell before March deadline

Landlords rush to sell before March deadline

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Landlords rush to sell before March deadline—rising taxes and market shifts driving exits.

Landlord evicts all his HMO tenants after CHAINSAW incident

Landlord evicts all his HMO tenants after CHAINSAW incident

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News
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A landlord has evicted all his tenants from an HMO after a man forced his way into the property with a chainsaw after hearing that his stepdaughter had been bullied by fellow residents.

Cannabis-growing landlord sentenced to 11 years in prison

Cannabis-growing landlord sentenced to 11 years in prison

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News
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A landlord who allowed cannabis farms to operate in 17 of his 72 properties as part of a multi-million-pound drugs operation has been jailed for 11 years.

BTL entrepreneur named one of UK's most successful young business people

BTL entrepreneur named one of UK's most successful young business people

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News
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A 30-year-old entrepreneur specialising in buy-to-let investment and lettings has been named one of the UK’s top young business people.

Minister commits to ending leasehold and making commonhold 'default tenure'

Minister commits to ending leasehold and making commonhold 'default tenure'

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News
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Landlords who have properties within ‘problem’ leasehold blocks have been given some good news following housing minister Matthew Pennycook confirmation that Labour will ‘end leasehold’ and make commonhold the ‘default’ tenure before the end of this parliament.

'We're being squeezed out in favour of corporates' says small portfolio landlord

'We're being squeezed out in favour of corporates' says small portfolio landlord

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News
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Smaller landlords are being forced out of the private rental sector in favour of corporate limited companies – and tenants will be the losers, according to one landlord who’s quitting.

Councils fine Midlands landlords £850,000 in ONE month

Councils fine Midlands landlords £850,000 in ONE month

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News
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Three rogue landlords have been fined a total of £403,079 for operating a network of unlicensed and unsafe HMOs, labelled “an orchestrated system of neglect for financial gain”.

We interview landlord blogger Suzanne Smith for our first podcast

We interview landlord blogger Suzanne Smith for our first podcast

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News
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New LandlordZONE podcast features Suzanne Smith sharing her journey from lawyer to full-time portfolio landlord.

HMOs generating highest yields for landlords at 8.34%

HMOs generating highest yields for landlords at 8.34%

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News
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BTL landlords enjoyed average yields of 6.72% in September, up from 6.69% at the end of the second quarter and 6.48% in the previous year.

REVEALED: Key reasons why landlord/tenant relationships sour

REVEALED: Key reasons why landlord/tenant relationships sour

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News
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New report reveals that it doesn't take much to tip a landlord relationship into something that a tenant sees as negative, particularly when landlords are largely portrayed negatively in mainstream media.

10% of homes lacking carbon monoxide alarms

10% of homes lacking carbon monoxide alarms

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News
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Nearly 10 % of rented homes lack CO alarms—landlords face fines up to £5,000 for non-compliance.

HMO landlord loses fine appeal after blaming agent for rules breach

HMO landlord loses fine appeal after blaming agent for rules breach

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News
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An HMO landlord who blamed a guaranteed rent firm for breaching his licence has failed in his bid to overturn a £7,500 fine.

RICS member agents predict growing rental shortages

RICS member agents predict growing rental shortages

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News
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RICS survey predicts growing shortage of rental properties. Demand is predicted to grow while supply declines.

HMO planning register rejected in East of England

HMO planning register rejected in East of England

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News
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Councillors in Ipswich have rejected plans for a register of all HMO licensing applications in the town.

Renting reforms will pose 'serious risk' to self-managing landlords

Renting reforms will pose 'serious risk' to self-managing landlords

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News
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Landlords face considerable risks from self-managing their properties when the Renters’ Rights Bill goes live, according to a letting agent expert.

Rent controls will backfire, landlords warn Scots ministers

Rent controls will backfire, landlords warn Scots ministers

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News
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Scotland’s landlords and letting agents have warned that the country’s imminent rent controls will backfire.

Rent rewards app urges tenants to pay by card not BACS

Rent rewards app urges tenants to pay by card not BACS

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News
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Landlords could soon be paid their rent via credit cards rather than bank transfer after a Spanish company said it plans to launch in the UK.

Renters' Rights Bill - a month on, what's happened?

Renters' Rights Bill - a month on, what's happened?

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Renters' Rights Bill a month on — a bill that has advanced through scrutiny but still leaves landlords navigating uncertainty amid tenant demand.

Landlord to pay £64,000 fine over 'hidden' HMO

Landlord to pay £64,000 fine over 'hidden' HMO

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News
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A rogue landlord has been handed a whopping £64,000 fine after he was found renting a five-bedroom house to 13 people.

House raffle boss slams UK's 'unaffordable' rental market

House raffle boss slams UK's 'unaffordable' rental market

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News
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A prize company CEO says the UK’s rental stock shortage is driving tenants’ anxiety about rent rises.

Online repairs service for self-managing landlords launched

Online repairs service for self-managing landlords launched

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News
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A new online property maintenance platform aims to help landlords stay on top of repairs, raise standards and attract and retain good tenants.

'Time to fight back against those who say every landlord's bad'

'Time to fight back against those who say every landlord's bad'

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News
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A leading landlord has slammed the pressure groups and campaigns who have been calling recently for landlords to be ‘eradicated’ from the housing market

Lawyers call for 'millions' more for renter representation during evictions

Lawyers call for 'millions' more for renter representation during evictions

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News
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The Law Society of England and Wales has called for a multi-million-pound investment in renters’ representation via legal aid following a rise in eviction numbers.

Landlords must help make rent control in Scotland workable, says committee

Landlords must help make rent control in Scotland workable, says committee

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News
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Landlords in Scotland should be made to routinely provide data rather than simply respond to requests from local authorities, according to a report into the Housing Bill by the Local Government, Housing and Planning Committee.

REPORT: Twice as many landlords selling homes than those buying

REPORT: Twice as many landlords selling homes than those buying

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News
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More landlords are selling their properties than those buying, new research has highlighted

'Lack of bailiffs lengthening evictions process for landlords'

'Lack of bailiffs lengthening evictions process for landlords'

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News
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Landlords are having to wait longer and longer to evict tenants particularly for those using London’s County Courts, says specialist firm Landlord Action, which blames the problems to a greater extent on a lack of bailiffs.

Landlords rush to sell before Xmas ahead of the Stamp Duty increase

Landlords rush to sell before Xmas ahead of the Stamp Duty increase

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It seems it’s one step forward, two steps back for landlords with the recent Budget introducing significant changes to Stamp Duty Land Tax (SDLT) that will impact property transactions from April 2025. The changes have caused panic amongst landlords, with a spike in numbers looking to sell before Ch

Will failure to present accurate documentation styme eviction under the Renters’ Rights Bill?

Will failure to present accurate documentation styme eviction under the Renters’ Rights Bill?

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It is likely that under the Renters’ Rights legislation due in 2025, tenancy documentation will be highly scrutinised before an eviction trial is allowed

OFFICIAL: Time taken for landlords to evict tenants increases

OFFICIAL: Time taken for landlords to evict tenants increases

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The time taken for landlords to evict tenants has increased, latest Government figures show.