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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

News

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

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

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

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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

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News
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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'

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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'

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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

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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

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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

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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

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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

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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.

Property licensing system needs big overhaul says leading landlord

Property licensing system needs big overhaul says leading landlord

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A high-profile landlord has called the property licensing system ‘clunky’ and in need of simplification.

Sceptical landlord joins pioneering green rental homes scheme

Sceptical landlord joins pioneering green rental homes scheme

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A sceptical landlord has become a ‘guinea pig’ and spent considerable sums on making her Victorian four-bedroom rental property 'Let Zero'.

Northern city launches plan to begin selective licensing

Northern city launches plan to begin selective licensing

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Preston in Lancashire has become the latest city to launch plans to introduce selective licensing within its borders.

2025 record year for new licensing schemes as latest council launches plans

2025 record year for new licensing schemes as latest council launches plans

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Latest scheme to launch is one of 26 launched so far - making 2025 a 'record breaking year' for HMO and selective licensing.

Big city mayor fines landlords £1.5 million in two years

Big city mayor fines landlords £1.5 million in two years

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Greater Manchester has revealed a big increase in rogue landlord fines as part of its tough crackdown on the private rental sector.

New 'rent controls minister' stumbles on first outing

New 'rent controls minister' stumbles on first outing

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Newly-minted housing minister in Scotland unable to recall key statistics from her department during TV interview.

Landlord to pay £15,000 after second prosecution over same property

Landlord to pay £15,000 after second prosecution over same property

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A landlord who has ignored efforts by a city council to improve his run-down property has been fined heavily.

National Lottery gives green campaigners £1.25m to 'educate landlords'

National Lottery gives green campaigners £1.25m to 'educate landlords'

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Students Organising for Sustainability says it will use the money to improve student accommodation across the UK.

Evicting benefits tenants 'to get harder when renting reforms go live'

Evicting benefits tenants 'to get harder when renting reforms go live'

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The opaque Universal Credit rental payments will cause landlords even more headaches when the Renters' Rights Bill goes live.

Oz landlord to repay UK tenants £16,224 despite 'grey area' claim

Oz landlord to repay UK tenants £16,224 despite 'grey area' claim

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A landlord not resident in the UK must now pay a big rent repayment order after failing to license her property on time.

How to sustainably build a solid rental portfolio

How to sustainably build a solid rental portfolio

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Thinking of growing a buy-to-let portfolio? Start smart, reinvest profits, diversify, stay compliant, and think long-term for lasting success and inco

Liverpool councillor: landlords have been “absolutely battered” in recent years

Liverpool councillor: landlords have been “absolutely battered” in recent years

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While tenant numbers are steadily growing, the number of private rented properties has been shrinking

New specialised BTL mortgage broker revealed for landlords

New specialised BTL mortgage broker revealed for landlords

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Specialist lender OSB Group has launched Rely, a dedicated buy-to-let lending brand to support landlords.

Students cause less damage than other tenants, shock figures reveal

Students cause less damage than other tenants, shock figures reveal

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Average end-of-tenancy charges for students including arrears, cleaning, and damages were significantly lower last year than rest of PRS.

“I’m richer now selling my houses than I was renting them” – Landlords rush to get out

“I’m richer now selling my houses than I was renting them” – Landlords rush to get out

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Smart landlords are selling now, making more upfront than years of rent - 85–90% of market value, fast and hassle-free.

Big suburban London council reveals HMO licensing expansion

Big suburban London council reveals HMO licensing expansion

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Sutton wants to widen its licensing activities to include smaller HMOs, which number nearlyh 1,000 within the borough.

Landlords have 'good reason to be concerned with renting reforms'

Landlords have 'good reason to be concerned with renting reforms'

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Three key rental sector organisations have joined to warn the Government that its rental reforms are causing significant concerns.

BLOG: Landlords face higher bills as EPC assessments get tougher

BLOG: Landlords face higher bills as EPC assessments get tougher

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News
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Changes to EPC assessments mean higher energy assessment costs for landlord, that's on top of what it will cost many landlords to upgrade properties

Big seaside city reveals radical plans to restrict holiday lets

Big seaside city reveals radical plans to restrict holiday lets

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Council has hatched plans to start charging Airbnb users for parking and is also considering a ban on full-time Airbnbs in new builds and designating

Landlords brace for reform at sold-out NRLA gathering in London

Landlords brace for reform at sold-out NRLA gathering in London

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Paul Shamplina headlined NRLA On Tour London, delivering key insights on legal changes for landlords at a sold-out, sector-shaping event.

Leading tax expert slams looming Making Tax Digital changes for landlords

Leading tax expert slams looming Making Tax Digital changes for landlords

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A high-profile tax expert has labelled HMRC’s Making Tax Digital (MTD) regime – set to hit landlords next year - as ‘pointless and costly’.

£6 million licensing scheme reveals property inspections blitz

£6 million licensing scheme reveals property inspections blitz

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Peterborough Council boasts that its aggressive approach to selective licensing has driven significant improvements in the town’s private rental secto

Major BTL lender relaxes rental 'stress test' rules to help landlords

Major BTL lender relaxes rental 'stress test' rules to help landlords

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The Mortgage Works has reduced its 'stress test' rate which is used to assess whether a landlord can afford loan payments.

London rental market now 'full of opportunity for landlords'

London rental market now 'full of opportunity for landlords'

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London’s rental sector is full of opportunity for both landlords and tenants, says Foxtons, which reports an explosion in tenancy applications.

Former letting agent turned 'fake landlord' jailed for £200k fraud

Former letting agent turned 'fake landlord' jailed for £200k fraud

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A former estate agent who posed as a landlord to con would-be tenants out of more than £200,000 has been jailed.