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Higher mortgage rates driving more landlords to request rent guarantors

Higher mortgage rates driving more landlords to request rent guarantors

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Landlords hit by mortgage rate hikes are demanding guarantors from increasing numbers of high earning tenants. Many tenants are seeing a greater proportion of their take-home pay go towards rent so are having to provide the additional security of a guarantor when signing new agr

Influential Labour group says tougher eviction rules needed to tackle poverty

Influential Labour group says tougher eviction rules needed to tackle poverty

News

Landlords should be prevented from serving an eviction notice for at least the first year of a tenancy, in the case of repossession for selling or occupying the property, according to a new report from the Fabian Society. The independent left-leaning

Rents soar as agents report rising tenant demand but landlord slump

Rents soar as agents report rising tenant demand but landlord slump

News

The Governments housing policies are coming home to roost as tenant demand continues to soar but the number of landlords advertising new properties to rent plummets, it has been revealed. RICS says that during June it found significantly more members (a net balance increase o

NEW: Big London borough brings in tighter HMO conversion rules for landlords

NEW: Big London borough brings in tighter HMO conversion rules for landlords

News

Landlords in one of London's biggest boroughs now need planning permission to convert family homes into HMOs for three to six tenants. After a year-long pilot and consultation with residents, the London Borough of Hounslow (main picture) has made its borough-wide A

Mortgage woes spark surge in landlords selling portfolios

Mortgage woes spark surge in landlords selling portfolios

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Mortgage troubles spark surge in portfolio landlords selling up—explore what’s driving the exodus and what it means for the rental sector.

Housing chief tries to reassure landlords over looming eviction changes

Housing chief tries to reassure landlords over looming eviction changes

News

Government officials have reassured private landlords that judges will be able to consider a wider range of behaviours before using their judicial discretion in ASB eviction cases. Giving evidence to the Levelling Up Housing and Communities Committee into

Landlords face losses amid soaring mortgage rates

Landlords face losses amid soaring mortgage rates

News

Almost 250,000 BTL landlords face refinancing losses as borrowing rates near 7%, says Daily Telegraph.

Renting reform bill progress unlikely until much later this year, admits minister

Renting reform bill progress unlikely until much later this year, admits minister

News

The Governments Renters Reform Bill is unlikely to make progress through parliament until much later this year, housing minister Rachel Maclean has admitted. Maclean was unable to confirm when the bill would get a second reading during a Q&A with MPs from the Levelling Up

Labour WARNED over claim that 'most renters live in homes owned via mortgages'

Labour WARNED over claim that 'most renters live in homes owned via mortgages'

News

A team of independent fact checkers and campaigners has debunked Labours claims that most renters live in homes bought with a buy-to-let mortgage. Deputy leader Angela Rayner made the assertion last week, but charity Full Fact says the claim is technically incorrect, as it ho

Horrendous overcrowding at dilapidated HMO leads to £17,000 fine for landlord

Horrendous overcrowding at dilapidated HMO leads to £17,000 fine for landlord

News

A letting agency-owning landlord has been fined more than £17,000 for renting out one small room in an HMO to a family of five. Ruhul Shamsuddin and his company Lordsons Estates were found guilty of 23 housing offences relating to a

Bank of England warns landlords face 'impossible position' as rates rise

Bank of England warns landlords face 'impossible position' as rates rise

News

The Bank of England has warned that landlords with mortgages are under increasing strain from higher interest payments and other structural factors, all of which are likely to put pressure on their incomes�. The commentary is within the banks latest https:

Landlord mortgage arrears outstrip home owners' as costs squeeze profitability

Landlord mortgage arrears outstrip home owners' as costs squeeze profitability

News

Landlords arrears are growing at a faster rate than homeowners, according to new research that suggests fewer investors are being shielded from economic headwinds. https://www.octanecapital.co.uk/" Octane Capital found that buy-to-let arrears of more tha

Kerching! Five tenants pocket �29,000 after landlord fails to licence HMO

Kerching! Five tenants pocket �29,000 after landlord fails to licence HMO

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Five tenants have shared a whopping �29,000 Rent Repayment Order after their landlord failed to licence its HMO. East London-based https://www.facebook.com/weletroomsuk/" We Let Rooms Ltd did not defend itself at a First Tier Property T

Demand for student housing soars as landlords exit sector

Demand for student housing soars as landlords exit sector

News

Corporate student housing giant expands as private HMO landlords exit, amid growing demand for purpose-built student accommodation (PBSA).

Beadle slams claim that landlords will 'game new eviction rules'

Beadle slams claim that landlords will 'game new eviction rules'

News

Landlord leader Ben Beadle has given Shelter a run for its money during a parliamentary committee evidence session on the Renters (Reform) Bill. Beadle, who is chief executive of the National Residential Landlords Association, wondered out loud during the meeting whether campaig

ANALYSIS: How it's a taxing time for landlords...

ANALYSIS: How it's a taxing time for landlords...

News

Changes in tax rules for buy-to-let landlords have definitely made the business of letting property more challenging, particularly with those who have taken on big mortgages to buy their rental properties. The removal of mortgage interest relief (Section 24 of the Finance Act) a

'This is why landlords must approach guaranteed rent schemes with caution'

'This is why landlords must approach guaranteed rent schemes with caution'

News

An Essex landlord has learned the hard way that unpicking rent-to-rent or guaranteed rent agreements can be a lot more difficult than many might believe. In a case handled by the Resolution Department Lead Suzy Hershman (main picture) and her team at

Agency boss to pay £8,000 after terrifying tenant tactics

Agency boss to pay £8,000 after terrifying tenant tactics

News

London letting agent fined £8,000 for misleading tenants and using intimidation tactics; company dissolved.

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Protestors slam 'landlord lobby' outside Gove's London home

Protestors slam 'landlord lobby' outside Gove's London home

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Rental reform campaigners have staged a protest outside Michael Gove’s official residence in central London, calling on the housing secretary to implement his promised Section 21 evictions ban.

Campaigners blame Section 21 evictions for homelessness rise

Campaigners blame Section 21 evictions for homelessness rise

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More than 84,000 households have been put at risk of homelessness due to no-fault evictions since 2019, renting campaigners have claimed.

Landlords: we’ll sell your buy-to-let properties, fast, for the best price

Landlords: we’ll sell your buy-to-let properties, fast, for the best price

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As we enter April it’s been a mixed bag for landlords, with many “nervous" landlords looking to sell amidst a growing apprehension of market conditions and general elections.

Tycoon urges ALL rental homes to be inspected regularly

Tycoon urges ALL rental homes to be inspected regularly

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A leading businessman has entered the political fray with a book in which he lays out his ideas on how to solve the housing crisis including planning and rental market reform.

HMO landlord to pay £26,000 after adding storey to house

HMO landlord to pay £26,000 after adding storey to house

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An HMO landlord who added another storey on his property to squeeze in more tenants has been ordered to pay £26,535 for breaching numerous safety rules.

More landlords turn to 'safer' HMOs as economy remains tough

More landlords turn to 'safer' HMOs as economy remains tough

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HMOs are becoming more popular among landlords as many turn to them as a ‘surer bet’ than other types of rental property in a time of economic uncertainty, it has been claimed.

Housing crisis tops voters' list of key issues to solve

Housing crisis tops voters' list of key issues to solve

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Voters say the ongoing housing crisis tops the list of key priorities that need to be addressed by the current and incoming government, according to renters in a SpareRoom poll.

Property portal: Can tech free up cash to tackle criminal landlords?

Property portal: Can tech free up cash to tackle criminal landlords?

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Property portal could cut red tape and free up funds to tackle rogue landlords by replacing expensive licensing requirements.

Half of landlords thinks pets and eviction reforms 'bad idea'

Half of landlords thinks pets and eviction reforms 'bad idea'

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New research among landlords reveals that although a majority are adopting a ‘wait and see’ approach to the Government’s looming renting reforms, it’s the changes to pets rules and evictions that are troubling them the most.

Landlords, Fed Up with the Labour Government? Sell your Portfolio NOW

Landlords, Fed Up with the Labour Government? Sell your Portfolio NOW

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The never-ending onslaught of landlords, including the abolition of Section 21, tough EPC rules, and changes to stamp duty, have left landlords fed up and thinking of throwing in the towel.

Energy firms called out over HMO tenant utility bill problems

Energy firms called out over HMO tenant utility bill problems

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A tenants’ champion has slammed energy companies for failing to help renters with energy bill problems at HMOs.

Landlords fume after letting agency shuts down owing money

Landlords fume after letting agency shuts down owing money

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Northwood letting agency in Romford has gone bust, leaving angry landlords out of pocket.

Most labour-voting landlords now regret their decision

Most labour-voting landlords now regret their decision

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Most landlords who voted Labour wouldn’t do it again, a new survey from buy-to-lender Landbay has found.

RICS reports first dip in tenant demand since 2020

RICS reports first dip in tenant demand since 2020

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Surveyors are the latest group to report a cooling rental market in the UK, with a slowing in demand among tenants for the first time since 2020.

Big town in south reveals plans for more HMO licencing

Big town in south reveals plans for more HMO licencing

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Reading Council has given the go-ahead for an additional licensing scheme in the town – and defended the rising costs set to hit landlords.

Campaigners urge MPs to back more severe renting reforms

Campaigners urge MPs to back more severe renting reforms

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Generation Rent has urged renters to get more MPs backing amendments to the Renters’ Rights Bill.

LATEST: Rental market cooling as landlord 'sell off' eases

LATEST: Rental market cooling as landlord 'sell off' eases

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Rental growth in the UK has dropped to 3.9%, its lowest level in more than three years and down from 9.1% a year ago.

Demand for accessible homes grows as renting population ages

Demand for accessible homes grows as renting population ages

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Demand for accessible homes is growing as the tenant population ages, a leading estate agency has reported, calling on Labour to help landlords finance upgrades.

COMMENT: Tax trap has landlords in a quandary

COMMENT: Tax trap has landlords in a quandary

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With substantial capital gains gathered within your properties, selling the whole portfolio will probably leave you exposed to a substantial capital gains tax bill

Welsh Government reveals 'baffling' stamp duty rise for landlords

Welsh Government reveals 'baffling' stamp duty rise for landlords

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News
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The Welsh Government has followed its counterparts in England and Scotland and raised the stamp duty that landlords buying rental properties must pay, effective from tomorrow.

Renting reforms will be 'costly ride' for landlords warns expert

Renting reforms will be 'costly ride' for landlords warns expert

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Landlords may need to prepare for a turbulent and potentially very costly ride once the Renters’ Rights Bill becomes law, a financial expert has warned.

Judge orders landlord to pay back tenants £44,000

Judge orders landlord to pay back tenants £44,000

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A landlord has been ordered to pay six tenants a whopping £44,358 after failing to provide an excuse for operating an unlicensed HMO.

People over 55 years old are 'fastest-growing tenant group'

People over 55 years old are 'fastest-growing tenant group'

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Tenants heading for retirement age are the fastest growing group privately renting in England, according to new figures.

Campaigners target landlord's workplace over leaky flat

Campaigners target landlord's workplace over leaky flat

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Tenant group Acorn has protested outside a landlord’s shop after he refused to return a former tenant’s deposit in a dispute over a leak.

City council slammed for 'double standards' over HMO licensing

City council slammed for 'double standards' over HMO licensing

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Edinburgh Council has responded to accusations of double standards when housing homeless people in 30 unlicensed HMOs by moving tenants out of the properties.

Northern council targets HMOs with new planning rules

Northern council targets HMOs with new planning rules

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Hyndburn Council wants to deter landlords from making the most of its cheap properties and ‘multiple deprivation’ by clamping down on HMO conversions.

Landlord Christmas carol reflects on rental sector

Landlord Christmas carol reflects on rental sector

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As we approach the festive season of 2024, like many of us, I find myself drawn to Charles Dickens's timeless tale, A Christmas Carol.

NEW: Landlords 'most worried' by tax rises and renting reforms

NEW: Landlords 'most worried' by tax rises and renting reforms

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Landlords blame upcoming legislation and tax changes for causing 73% of them to feel less confident than they did last year.

Rent rises 'out of control' says tenant campaigning group

Rent rises 'out of control' says tenant campaigning group

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Renter groups have called on the government to do more to tackle ‘out of control’ rents, as a government survey reveals that more than a third of landlords increasing rents on new tenancies did so by at least 15%.

More landlords planning to sell properties

More landlords planning to sell properties

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Official figures reveal growing number of landlords considering property sales amid rising costs.

Banning tenant fees has been a success - claim academics

Banning tenant fees has been a success - claim academics

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The 2019 Tenant Fees Act, which over the past five years has severely restricted what fees landlords and letting agents can charge tenants, has been a success, two academics have claimed.

New partnership to help landlords manage changeovers better

New partnership to help landlords manage changeovers better

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A partnership has been agreed that will enable landlord who are members of the National Residential Landlords Association and letting agents to better manage tenancy changeovers, for free.

Business Tenancies: reviewing the Landlord & Tenant Act 1954

Business Tenancies: reviewing the Landlord & Tenant Act 1954

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The Law Commission is reviewing Part 2 of the Landlord and Tenant Act 1954 (LTA) to “ensure that it works for today’s commercial leasehold market.”

TV star named 'best speaker' during landlord show awards

TV star named 'best speaker' during landlord show awards

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TV star and Landlord Action founder Paul Shamplina has been named seminar speaker of the year, fighting off competition from 38 other candidates.