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LATEST: Average rent hits highest EVER record of �1,199 a month

LATEST: Average rent hits highest EVER record of �1,199 a month

News

The average monthly rent in the UK is now a record-breaking �1,199, according to HomeLet, which advises landlords to prepare for more tenants being unable to pay. Its rental index figures for April - using data on achieved rental values from 5,000 letting agents - show rental p

EPC upgrades plus tenants 'terrified' of bills creating more damp, politicians told

EPC upgrades plus tenants 'terrified' of bills creating more damp, politicians told

News

Increasing numbers of landlords are reporting damp and mould problems after forking out for energy efficiency work, it has been claimed. <figure id="" class="w-richtext-figure-type- " data-rt-type="" data-rt-align=""><div><img src="https://cdn.prod.website-files.com/63bef2f3c329eff8e3a4af45

Women renters welcome at novel new block - but men shown the door

Women renters welcome at novel new block - but men shown the door

News

Britains first womens-only https://www.landlordzone.co.uk/news/breaking-flat-owners-in-medium-towers-hit-by-cladding-crisis-will-not-have-to-pay-acm-costs/" tower block for renters has been given the green light by planners in west London. The scheme for

Starmer vows to get even tougher on landlords AND free-up market for renters

Starmer vows to get even tougher on landlords AND free-up market for renters

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Labour has pledged to create a national https://www.landlordzone.co.uk/news/government-backs-away-from-lifetime-deposits-and-a-national-landlord-register/" register of landlords to replace the current Register of Rogue Landlords which only lists those who have been handed

Government to help first-time buyers beat landlords to some property sales

Government to help first-time buyers beat landlords to some property sales

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A new version of the Help to Buy scheme could be included in the Conservatives next https://www.landlordzone.co.uk/news/elections-get-political-and-quiz-candidates-landlords-are-told/" election manifesto, according to reports. Prime Minister Rishi Sunak wan

Welsh government raises hopes of new energy cash for landlords

Welsh government raises hopes of new energy cash for landlords

News

Landlords in https://www.landlordzone.co.uk/news/draft-legislation-goes-live-setting-out-how-occupation-contracts-will-work-in-wales/" Wales could be in line for financial help to upgrade their properties after the Welsh government acknowledged that meeting new energy sta

Warning: Approach 'sourced property deals' with caution, latest case shows

Warning: Approach 'sourced property deals' with caution, latest case shows

News

A company specialising in sourced property deals for investors has been expelled from the https://www.theprs.co.uk/" Property Redress Scheme (PRS) and can no longer trade legally. Sourced Properties Group (SPG) Ltd, which was until now a PRS member, had been t

Sharp decline in UK commercial property investment

Sharp decline in UK commercial property investment

News

The amount of money flowing into UK commercial property fell across all sectors, particularly industrial, but also offices and retail, thats according to market analysis carried out by debt advisory specialists, Sirius Property Finance. And office values - secondary in partic

Reform and rate rises force investors to play the long game

Reform and rate rises force investors to play the long game

News

Landlords who are relatively heavily leveraged and achieving gross yields much below 5% could be better off reducing their mortgage balance than purchasing another property, according to new market analysis. Hamptons annual overview of the rental market explains that higher i

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Rent controls risk stifling Scotland's student property sector

Rent controls risk stifling Scotland's student property sector

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Letting agents have warned that introducing rent controls for purpose-built student accommodation in Scotland will have a “chilling” effect on investment.

Landlords offered hope for faster cladding crisis resolution

Landlords offered hope for faster cladding crisis resolution

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A new coalition in the capital aims to accelerate the removal of unsafe cladding on residential buildings over 11 metres.

Minister insists tenants will have pick of pet insurance policies

Minister insists tenants will have pick of pet insurance policies

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The government has rejected calls to introduce an additional pet damage deposit as part of the Renters’ Rights Bill.

Starmer's migrant housing scheme pushes landlords to jump on a profit-making opportunity

Starmer's migrant housing scheme pushes landlords to jump on a profit-making opportunity

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Starmer’s migrant housing scheme and incoming legislation are pushing landlords to rethink their strategy. With market prices still high, smart landlords are selling underperforming properties now to reinvest later when prices drop. Landlord Sales Agency offers a fast, profitable way to sell and sta

Rent control exemptions could hurt private landlords

Rent control exemptions could hurt private landlords

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Exempting build-to-rent developers from future rent controls in Scotland could result in a two-tier market and an unworkable system.

Half capital's short let owners flout law to boost income

Half capital's short let owners flout law to boost income

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News
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The government has been urged to clamp down on central London’s short let sector after new research found at least half were being rented out unlawfully.

Give landlords more time to improve EPC or risk rental shortages, says bank

Give landlords more time to improve EPC or risk rental shortages, says bank

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A proposed 2030 deadline won’t give landlords time to get their properties to EPC C and could cause them to quit, according to Paragon Bank.

Landlord pays a high price for ignoring HMO rules - £11,000

Landlord pays a high price for ignoring HMO rules - £11,000

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A landlord who failed to license his unsafe and overcrowded HMO has failed in his bid to have a £11,000 fine dismissed.

GUIDE: What to do as energy costs go through the roof

GUIDE: What to do as energy costs go through the roof

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Energy costs are a major concern for landlords and tenants. Save on energy consumption and make your tenants’ homes more comfortable

LATEST: New guide to official retrofitting support for landlords

LATEST: New guide to official retrofitting support for landlords

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After feedback from landlords, energy firm Utilita has published a free guide on the LandlordZONE Forum on retrofitting scheme eligilility.

Angela Rayner approves compulsory purchase of landlord's house

Angela Rayner approves compulsory purchase of landlord's house

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Haringey Council has made a Compulsory Purchase Order (CPO) for a derelict house, demonstrating the lengths to which authorities are going to repossess landlord properties.

UPDATED - Commercial landlords face heavy fines

UPDATED - Commercial landlords face heavy fines

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The UK government has committed to its targets to reach net zero emissions by 2050. As part of this initiative the Government is looking to reduce emissions across a wide range of sectors, including commercial and residential property.

'Widespread fear' among landlords over EPC upgrade costs

'Widespread fear' among landlords over EPC upgrade costs

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News
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One quarter of private landlords plan to sell their properties needing energy upgrades due to the government’s ambition for the sector to reach EPC targets by 2030.

UK's biggest trade union backs MORE renting reforms

UK's biggest trade union backs MORE renting reforms

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The UK’s largest union wants Labour to go further with its plans to reform the PRS and has labelled the Renters’ Rights Bill as only the ‘first step’.

Most former rental properties not bought by first time buyers

Most former rental properties not bought by first time buyers

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Data from a leading estate agency shows just 35% of former rental homes go to those entering the owner-occupier market.

Fears rise over Scotland's rent control plans as investment declines

Fears rise over Scotland's rent control plans as investment declines

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A property leader has warned that Scotland's upcoming Housing Bill must not hamper much-needed investment in the rental sector.

Tenant campaigners push for Labour to go 'much further'

Tenant campaigners push for Labour to go 'much further'

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Tenants’ union Acorn is pushing Labour to introduce tougher rent caps or face undermining work to reform renters’ rights.

Landlord to pay huge rent repayment order over unlicenced HMO

Landlord to pay huge rent repayment order over unlicenced HMO

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News
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A rogue landlord has been ordered to hand back nearly £34,000 to five tenants after failing to license his mouse-infested HMO.

'Abolishing Section 21 evictions won't stop homelessness'

'Abolishing Section 21 evictions won't stop homelessness'

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News
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Ben Beadle, the Chief Executive of the NRLA, has told LandlordZONE that abolishing Section 21 evictions might sound noble, but it's won't make the private rented sector fairer overnight, as many campaigning groups and Labour MPs often claim.

Commercial property continues to struggle in a market downturn

Commercial property continues to struggle in a market downturn

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The UK commercial property market is in a downturn right now. As with the wider economy, commercial property is subject to economic cycles

Tenant campaigners call for controls on 'upfront payments'

Tenant campaigners call for controls on 'upfront payments'

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Tenants’ union Acorn has urged Labour to curb ‘upfront payments’ for new tenants to one month’s rent in a bid to make rented homes more affordable.

Council launches innovative solution to housing crisis

Council launches innovative solution to housing crisis

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Milton Keynes City Council has come up with an innovative scheme to top up rents for those moving from temporary accommodation into the PRS.

Renting reforms to have 'unintended consequences' warns agent leader

Renting reforms to have 'unintended consequences' warns agent leader

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Propertymark has warned that the Renters’ Rights Bill poses critical unintended consequences unless the government ensures a fair and balanced approach between landlord and tenant rights.

One of UK's largest portfolio landlords fined £97,000

One of UK's largest portfolio landlords fined £97,000

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A landlord with a string of more than 5,000 rental properties across the UK has been fined a whopping £97,000 over the ‘serious and deliberate’ failure to manage a block of flats in Sheffield.

Investment in the private rented sector unlocked

Investment in the private rented sector unlocked

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NRLA trainer Henry Davis explains how his Key to Property Investment course can help you stay ahead of the game.

Renting reforms will cause 'gridlock' in justice system says Badenoch

Renting reforms will cause 'gridlock' in justice system says Badenoch

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News
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The government has been accused of pressing ahead with renter reform measures that will cause gridlock in the justice system, and pit landlords and tenants against each other in protracted litigation.

Few MPs defend landlords during Renters' Rights Bill debate in Commons

Few MPs defend landlords during Renters' Rights Bill debate in Commons

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Few MPs stood to defend landlords during yesterday’s second reading of the Renters' Rights Bill in parliament, but a few did - with all of them being Conservative.

Landlords 'selling up' ahead of expected CGT rise says RICS

Landlords 'selling up' ahead of expected CGT rise says RICS

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Landlords listing their properties for sale before potential capital gains tax rises are adding to a widening divide between supply and demand, report letting agents from around the UK.

Renting reforms 'to drive huge increase in tenancy disputes'

Renting reforms 'to drive huge increase in tenancy disputes'

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The Renters’ Rights Bill is expected to fuel a surge in tenancy disputes following a 20% rise last year.

Council to restrict HMOs despite 'no evidence' residents cause crime

Council to restrict HMOs despite 'no evidence' residents cause crime

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Walsall Council plans to implement an Article 4 Direction to restrict HMOs, despite acknowledging no strong evidence linking HMOs to crime.

Renting reforms 'will go nowhere unless courts properly funded'

Renting reforms 'will go nowhere unless courts properly funded'

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Lawyers have warned that an underfunded justice system will hinder any progress made in strengthening renters’ rights.

'Hold your nerve: Watch, wait, and don’t panic'

'Hold your nerve: Watch, wait, and don’t panic'

Opinion
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The biggest news to hit the private rental sector in 25 years is here: the Renters' Rights Bill. Scheduled for its second reading today, 9 October, this Bill is poised to reshape the landscape for landlords and tenants alike.

Renters’ Rights Bill: how concerned should we be?

Renters’ Rights Bill: how concerned should we be?

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Here’s an initial reaction to the Renters’ Rights Bill, thoughts that could change as it progresses through parliament - the second reading is today.

New energy efficiency grants for landlords announced

New energy efficiency grants for landlords announced

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Government announces funding for EPC upgrades in low-income rental homes, but questions remain about coverage and affordability for landlords.