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TRENDS: Rental sector you've never heard of is growing the fastest

TRENDS: Rental sector you've never heard of is growing the fastest

News

The co-living sector grew by 65% in 2023 - nearly 2,500 new beds - and looks set to treble to more than 20,000 beds by 2027.

OFFICIAL: BTL mortgage arrears and repossessions rise

OFFICIAL: BTL mortgage arrears and repossessions rise

News

A growing number of landlords are ending up in mortgage arrears and having their rental properties repossessed.

Eviction courts still not ready for Section 21 ban, says top lawyer

Eviction courts still not ready for Section 21 ban, says top lawyer

News

A top property lawyer is adamant the courts won’t be able to handle a two-fold increase in possession actions when Section 21 is abolished.

INTERVIEW: The HMO expert setting up ambitious service for UK landlords

INTERVIEW: The HMO expert setting up ambitious service for UK landlords

News

An HMO sales firm has launched with the ambitious aim of becoming the sector’s go-to property platform.

DO YOU? 70% of landlords BACK 'rent controls of some kind'

DO YOU? 70% of landlords BACK 'rent controls of some kind'

News

A majority of landlords back some form of rent control, a new poll by a leading letting agency has revealed, as the likelihood of Labour ‘interference in rent pricing’ increases.

'120,000 more homes needed if rents are to reduce'

'120,000 more homes needed if rents are to reduce'

News

Rents are rising at record levels because the private rental sector needs an extra 120,000 homes, the UK’s largest property portal has claimed.

Commercial property space is recovering slowly amid changing requirements

Commercial property space is recovering slowly amid changing requirements

News

A patchy and slow recovery across the commercial property sectors is boosted by the prospect of interest rate cuts

Support for Tories among renters HALVES in five years

Support for Tories among renters HALVES in five years

News

The number of renters who plan to vote Conservative on Thursday has halved since the last election, from 20% to just 10%, according to a new poll. Zero percent of student tenants said they'd back Sunak.

Landlords and agents call for renting reforms to be passed ASAP

Landlords and agents call for renting reforms to be passed ASAP

News

The NRLA has joined forces with property leaders to call for the next government to pass the Renters (Reform) Bill as a matter of urgency.

Tenant avoids jail after 'nasty' attempt to blackmail landlord

Tenant avoids jail after 'nasty' attempt to blackmail landlord

News

A tenant who threatened to share a naked video of his former landlord if he wasn’t given back a cash deposit has been handed a 12-month suspended jail sentence.

Thousands of benefits tenants losing housing support, landlords warned

Thousands of benefits tenants losing housing support, landlords warned

News

Landlords have been warned that thousands of tenants face losing their housing benefit and may struggle to pay the rent as changes brought in by the Department of Work and Pensions (DWP) take effect.

Landlord TV favourite Martin Roberts hints at Strictly appearance

Landlord TV favourite Martin Roberts hints at Strictly appearance

News

TV property expert Martin Roberts has hinted that he’s been lined up for the next series of Strictly Come Dancing.

City hits smaller HMO landlords with £1,000 licencing bill

City hits smaller HMO landlords with £1,000 licencing bill

News

Landlords in Brighton & Hove with small HMOs will have to pay £1,051 from today for an additional licence.

REVEALED: Properties with sitting tenants cost 15% less to buy

REVEALED: Properties with sitting tenants cost 15% less to buy

News

Properties with a sitting tenant cost an average of 15% less than those without, and are a whopping 24% cheaper in Scotland, according to new figures.

NRLA rounds on political parties for ignoring LHA rates 'gap'

NRLA rounds on political parties for ignoring LHA rates 'gap'

News

Landlord representative body the NRLA has rounded on all the political parties ahead of this week’s General Election for ignoring one of the ‘most important’ issues facing the private rented sector.

Paragon Bank paints optimistic picture for private rented sector

Paragon Bank paints optimistic picture for private rented sector

News

The bank puts a positive spin on buy-to-let, despite others regularly asking, “should I give up on buy-to-let?” And Savills reveals a secret market segment that heralds growth.

Heat pumps costing landlords £5,800 each AFTER grant

Heat pumps costing landlords £5,800 each AFTER grant

News

Landlords and homeowners are paying an average of £5,787 to buy and fit a heat pump after deducting the £7,500 government grant.

Lawyer says some landlords 'in cahoots' with cannabis growing tenants

Lawyer says some landlords 'in cahoots' with cannabis growing tenants

News

More landlords are working together with tenants to commit fraud while running illegal cannabis farms, according to one property lawyer.

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VOTE: Scots rent rises to be capped at 3% until October, MSPs agree

VOTE: Scots rent rises to be capped at 3% until October, MSPs agree

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News
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Scottish MSPs have voted through a rent cap and extension of the eviction ban until 30th September. The rent cap for private sector tenancies will increase to 3% from 1st April under the amendment to the https://www.gov.scot/publications/cost-living-ten

NEW: Worcester latest to propose city-wide HMO licencing scheme

NEW: Worcester latest to propose city-wide HMO licencing scheme

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News
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All HMO landlords in Worcester will soon have to buy a licence if councillors back a new additional licensing scheme. The city has operated an additional scheme since September 2015 but amended it in 2020 to cover only the wards of Arboretum, Bedwardine, Cathedral and St Clement

Landlords LEFT OUT of new 'forbearance' guidance for mortgage holders

Landlords LEFT OUT of new 'forbearance' guidance for mortgage holders

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News
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Landlords have been left out of measures announced today designed to support mortgage holders during the cost of living crisis. The guidance, which has been issued by the Financial Conduct Authority (FCA) updating borrowers responsibilities to their existing mortgage holders,

FIRST rent repayment order against landlord issued following landmark case

FIRST rent repayment order against landlord issued following landmark case

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News
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A landlord who tried to claim that he was the superior landlord of an unlicensed HMO has failed in his bid to avoid paying a Rent Repayment Order. In the first RRO case since the landmark�

'Zero-rate VAT for property upgrades if you want to hit EPC targets' say big landlords

'Zero-rate VAT for property upgrades if you want to hit EPC targets' say big landlords

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News
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The British Property Federation (BPF) has called on the government to zero rate VAT on building repair and maintenance to incentivise essential upgrades across the residential sector or risk missing its 2050 net zero target. In the run-up to next weeks Budget, it says the

Politician warns big landlord fines by councils 'can be seen as hypocritical'

Politician warns big landlord fines by councils 'can be seen as hypocritical'

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News
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A Suffolk councillor has spoken out against targeting private landlords with tougher regulations when authorities face similar problems with their own housing stock. Both Babergh and Mid Suffolk councils have agreed that civil penalties of up to �30,000 should be used to deter

NRLA chief Ben Beadle cleared of misleading MPs on rent supply

NRLA chief Ben Beadle cleared of misleading MPs on rent supply

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News
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NRLA boss Ben Beadle clears his name, confirming he did not mislead MPs about private rental supply shortages.

A year in review for agents: The PRS annual report 2022

A year in review for agents: The PRS annual report 2022

Information
News
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The Property Redress Scheme annual report 2022 has just been released and reflects on

Retro-fitting buildings for energy efficiency - is it worth it?

Retro-fitting buildings for energy efficiency - is it worth it?

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News
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Refurbishing, or in the jargon - retrofitting - older commercial and residential buildings, according to the Government, is desirable and necessary, given that energy efficiency standards that will need to be met under the Governments legal commitment to net zero by 2050. But

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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News
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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.

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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News
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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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News
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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

Podcast
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Podcast
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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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News
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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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News
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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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News
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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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News
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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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News
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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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News
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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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News
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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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News
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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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News
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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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News
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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.

Housing minister says rent controls would damage landlords and tenants

Housing minister says rent controls would damage landlords and tenants

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Housing minister Matthew Pennycook has said rent controls in England would hit both tenants and landlords negatively by reducing supply and discouraging investment.

Generation Rent hires former Labour MP and housing campaigner

Generation Rent hires former Labour MP and housing campaigner

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Former Labour MP Dame Karen Buck has been hired as Generation Rent’s new chair of the board.