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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

News

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

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Landlord reveals 20-year slog to a £6m rental portfolio

Landlord reveals 20-year slog to a £6m rental portfolio

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An ambitious landlord who bought his first property aged 18 now has an impressive property portfolio worth £6 million 20 years later.

Agents report unusually quiet rental property market

Agents report unusually quiet rental property market

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News
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Fewer would-be tenants registered with letting agents in December, while rental stock levels also dipped during the typically quieter seasonal period.

BBC probes complaint against infamous Scots landlord

BBC probes complaint against infamous Scots landlord

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News
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A tenant has told of how a man – who he believes is landlord and controversial businessman Mark Fortune – threatened him over a rent row.

'Scrap extra Stamp Duty for landlords to solve rental crisis'

'Scrap extra Stamp Duty for landlords to solve rental crisis'

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News
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The Chancellor has been urged to scrap the extra Stamp Duty paid by landlords when buying properties after new research shows the extra activity within the PRS - if it was scrapped - would generate an extra £10 billion in tax revenue for the Government.

Airbnb warns landlords over new HMRC reporting rules

Airbnb warns landlords over new HMRC reporting rules

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News
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The tax net is closing in on property owners who use short-let platforms to earn rental income from their portfolios but not pay tax on it, Airbnb has warned.

Landlords slam Scotland's latest rent controls measures

Landlords slam Scotland's latest rent controls measures

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Scottish landlords criticise new rent arbitration scheme, labelling it back‑door rent controls that will exacerbate housing access issues.

Landlords: it's time to get 2024 off to a flying start

Landlords: it's time to get 2024 off to a flying start

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You’re a landlord looking to sell, but last year was a challenge. In 2024, it’s time to get your portfolios and properties sold and get you moving on to your next projects.

Home counties borough warns landlords over imminent HMO crackdown

Home counties borough warns landlords over imminent HMO crackdown

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News
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HMO owners in Gravesham are being given a last chance to get their house in order ahead of a crackdown on unlicensed properties.

40% of people worried about paying rent or mortgage

40% of people worried about paying rent or mortgage

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News
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Two in five (40%) of people who pay housing costs in England – equivalent to 12 million adults – are worried their housing pressures will get worse this year.

Landlord reveals nightmare cannabis factory saga

Landlord reveals nightmare cannabis factory saga

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I’m writing this article to highlight the pitfalls landlords can face, and to share what I’ve learned from my experience.

Shocking number of prospective tenants fail to be 'rent ready'

Shocking number of prospective tenants fail to be 'rent ready'

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News
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More than a third of tenants looking for a new home aren’t organised to move, despite the fiercely competitive rental market.

New deadline set for landlords to file digital tax returns

New deadline set for landlords to file digital tax returns

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Landlords earning more than £20,000 will have to use the Making Tax Digital for Income Tax Self-Assessment by the end of the current Parliament.

Deposit-free offer sees boost in landlords' short-let bookings

Deposit-free offer sees boost in landlords' short-let bookings

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News
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PropTech firm Rentals United aims to disrupt the short-let market with a property damage protection service paid for by a small nightly fee.

Scottish landlords urged not to penalise good tenants

Scottish landlords urged not to penalise good tenants

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Policymakers must act to right the wrongs that have been foisted upon the PRS in recent years, says Scottish landlord group.

Are your properties ready as the mercury falls?

Are your properties ready as the mercury falls?

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Prepare your properties for cold weather with tips to protect tenants and avoid costly winter damage.

Landlords and agents slammed by BBC over 'bidding war' tactics

Landlords and agents slammed by BBC over 'bidding war' tactics

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News
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Many landlords and lettings agents are prepared to use a shortage of rental properties to their advantage, viewers of the BBC’s Morning Live show were told.

71% of tenants have 'no issues' paying their rent, reveals official data

71% of tenants have 'no issues' paying their rent, reveals official data

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New official data about the private rented sector reveals that it is in better shape than some tenants’ rights groups like to claim.

Renting reforms will 'break' local councils warn environmental health officers

Renting reforms will 'break' local councils warn environmental health officers

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The Chartered Institute of Environmental Health (CIEH) has warned that the Renters’ Rights Bill will place a huge enforcement burden on already stretched local councils.

Landlord success in the new regime – Suzanne Smith explains

Landlord success in the new regime – Suzanne Smith explains

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Proven strategies for thriving as a landlord in the new regulatory era—expert insight from Suzanne Smith.

Council says £840 licencing scheme has seen 'incredible improvement'

Council says £840 licencing scheme has seen 'incredible improvement'

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News
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Nottinghamshire local authority Gedling Council is relaunching selective licensing in its Netherfield ward in the new year after seeing “incredible improvements” to living standards.

Government promises to tackle business rates anomalies

Government promises to tackle business rates anomalies

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News
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Following years of lobbying, Labour has promised to act on what is generally agreed is an unfair UK business rates system

Labour to 'go further' than Tories with holiday lets regulation

Labour to 'go further' than Tories with holiday lets regulation

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News
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Housing Minister Matthew Pennycook has hinted heavily that the government will go further than the Tories in its bid to regulate holiday lets.

Labour's Manchester mayor urges landlords not to quit sector

Labour's Manchester mayor urges landlords not to quit sector

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Mayor of Greater Manchester Andy Burnham has confirmed he doesn’t want landlords to exit the market, in marked contrast to comments made by his national Labour colleagues in Parliament.

Rents to rise faster than property values over next three years

Rents to rise faster than property values over next three years

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Hamptons predicts that rents will rise by 17% between 2024 and 2027, outpacing house price growth of 12.5%.

Why it's time for landlords to get digital

Why it's time for landlords to get digital

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Discover how going digital can streamline operations, cut costs, and future-proof your rental business.

Half of Facebook rental ads are fake, claims Generation Rent

Half of Facebook rental ads are fake, claims Generation Rent

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More than half the rental listings on Facebook Marketplace are likely to be scams, according to an investigation by Generation Rent.

First meeting of London Rent Commission held at City Hall

First meeting of London Rent Commission held at City Hall

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The group, which includes politicians and activists, say the commission is the step toweards rent controls in the capital.

Total Landlord wins 'best insurance provider' for SEVENTH time

Total Landlord wins 'best insurance provider' for SEVENTH time

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For the seventh year, Total Landlord, part of Total Property, has been named the 'Best Landlord Insurance Provider' at the Insurance Choice Awards 2024.

Rents in England close to 'affordability ceiling' says Savills expert

Rents in England close to 'affordability ceiling' says Savills expert

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Rents will carry on rising next year as the supply of rental homes continues to be outstripped by supply – but an ‘inflection point’ where rents become too expensive for many tenants will eventually arrive, and already has done in London.

Big London council votes to hugely extend selective licencing

Big London council votes to hugely extend selective licencing

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Decision by Lambeth councillors comes just a few months after an initial and expensive four-ward scheme went live.

RICS reports that the Budget gives a mixed bag for property

RICS reports that the Budget gives a mixed bag for property

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There are Autumn Budget winners and losers in the property industry as a whole

Government rejects calls for longer licencing schemes

Government rejects calls for longer licencing schemes

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News
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The Government has rejected calls for 10-year selective licensing schemes and insists that the government recognises the burden that licensing puts on landlords.

LATEST: Bank of England cuts base rate by 0.25%

LATEST: Bank of England cuts base rate by 0.25%

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The Bank of England has cut interest rates from 5% to 4.75%, providing some welcome cheer for landlords looking to invest and remortgage.

Rent arrears climb by 22% as 'cost of living' crisis continues

Rent arrears climb by 22% as 'cost of living' crisis continues

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The average rent arrears claim climbed to £2,064 in the third quarter of this year, a 22% rise on the same period last year.