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MORTGAGES: Worried landlord tells BBC how his payments have tripled

MORTGAGES: Worried landlord tells BBC how his payments have tripled

News

Paul Bradley, a landlord with a single rental property in North London, has told the BBC how the ongoing mortgage crisis has seen his monthly interest-only loan payments triple over the past 12 months. His case illustrates vividly the significant challenges that the approximatel

Tenant Referencing Failures Surge Amid Cost-of-Living Crisis

Tenant Referencing Failures Surge Amid Cost-of-Living Crisis

News

Rising cost of living causes tenant referencing pass rates to drop from 35% to 25%, increasing rental risk for landlords, reports Housing Hand.

UPDATED: consider these things before you increase your tenant’s rent

UPDATED: consider these things before you increase your tenant’s rent

Information

With interest rates rising and this reflected in mortgage rates, landlords are being forced to contemplate rent increases. If you go down this road you need to be aware and follow the rules.

Powerless councils could make or break reforms, says Labour MP

Powerless councils could make or break reforms, says Labour MP

News

A Labour MP has called on the government to extend notice periods from two to four months to prevent landlords from unjustly evicting tenants. <figure id="" class="w-richtext-figure-type- " data-rt-type="" data-rt-align=""><div><img src="https://cdn.prod.website-files.com/63bef2f3c329eff8e3

Licencing scheme off to weak start after only a third of landlords register

Licencing scheme off to weak start after only a third of landlords register

News

Only one-third of Oxfords private rental properties have been registered for its city-wide selective licensing scheme and could soon face steeper fees or a hefty fine. The scheme, which launched last September, has received more than 10,500 licence applications from the 3

Landlord pleads with council to consider HMO tenants as housing shortages bite

Landlord pleads with council to consider HMO tenants as housing shortages bite

News

An https://www.landlordzone.co.uk/news/braverman-under-pressure-to-reverse-outrageous-new-hmo-rules-for-asylum-seekers/" HMO landlord says desperate new tenants are moving in hours after the previous tenants leave due to a dearth of available properties. In he

'Despicable fraudster' gets eight-year ban for stealing landlords' deposits and rent

'Despicable fraudster' gets eight-year ban for stealing landlords' deposits and rent

News

A letting agent who ripped off dozens of landlord clients has been banned from being a company director for eight years. https://www.landlordzone.co.uk/news/letting-agent-who-stole-80000-from-dozens-of-landlords-admits-fraud/" Frank Smart , 46, the owner of Sma

UPDATED: consider these things before you increase your tenant's rent

UPDATED: consider these things before you increase your tenant's rent

News

With interest rates rising and this reflected in mortgage rates, landlords are being forced to contemplate rent increases. If you go down this road you need to be aware and follow the rules.As landlord you can't legally increase your rent whenever you like, or by any amount you see fit. You need

Landlords encouraged to sell this month as property prices rise by 0.2%

Landlords encouraged to sell this month as property prices rise by 0.2%

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In a market where interest rates are sky high, tax bills are extortionate and mortgage payments are higher than rents, coupled with a backlog of refurb costs and difficult tenant situations, landlords are rushing to cash in and sell their property portfolios. If you were a landl

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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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News
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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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News
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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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News
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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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News
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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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News
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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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News
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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.

Weaker tenant demand cools off rental market, says Zoopla

Weaker tenant demand cools off rental market, says Zoopla

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News
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Weaker demand and growing affordability pressures have pushed rental growth to a four-year low.

'Fixed term contracts will soon be illegal - are you ready?'

'Fixed term contracts will soon be illegal - are you ready?'

Opinion
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Landlords are facing one of the private rented sector biggest changes in years when it ends fixed-term tenancy agreements.

Rogue estate agents pay heavy price for ignoring redress scheme

Rogue estate agents pay heavy price for ignoring redress scheme

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News
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Nearly 50 estate agencies were expelled from the Property Redress scheme during a six month period last year, the organisation has revealed

Law Commission rules out major change to security of tenure rules for commercial leases

Law Commission rules out major change to security of tenure rules for commercial leases

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News
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The Law Commission has published an interim report on its initial conclusions about security of tenure for business leases

Why can't all licensing schemes cost just £230 - this NW one does

Why can't all licensing schemes cost just £230 - this NW one does

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News
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Landlords in Wirral might not welcome yet another selective licensing scheme, but a reduced £fee will make it one of the cheapest in UK.

Landlord banned by Tribunal after 'outrageous' safety failings

Landlord banned by Tribunal after 'outrageous' safety failings

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News
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A landlord in Aberdeen has been banned for failing to repair dangerous electrics in his rental property.

BIG SHIFT: Many young landlords 'don't own their own homes'

BIG SHIFT: Many young landlords 'don't own their own homes'

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News
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Growing numbers of young people in the UK now prefer to invest in rental properties than buy their own home, an estate agency has claimed.

Third of UK adults say BTL 'safest' way to build long-term wealth

Third of UK adults say BTL 'safest' way to build long-term wealth

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News
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Despite the sometimes hostile environment endured by current landlords, a third of UK adults aspire to invest in buy-to-let to build their long-term prosperity.

New independent report tracks BTR's huge growth

New independent report tracks BTR's huge growth

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News
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The first independent report into the build-to-rent (BTR) sector has tracked huge growth in urban areas and city centres where it’s taking up the slack from traditional landlords.

Scotland consults on minimum EPC band C for rented homes

Scotland consults on minimum EPC band C for rented homes

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News
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The Scottish Government has launched a consultation on its plans to introduce a minimum EPC level for rented homes.

TV show seeks landlords happy to settle tenant disputes on camera

TV show seeks landlords happy to settle tenant disputes on camera

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News
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Landlords seeking to recoup money from tenants now have an alternative to a lengthy and expensive battle through the courts.

Paragon mortgage approvals defy the decline of buy to let

Paragon mortgage approvals defy the decline of buy to let

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News
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Paragon Bank’s latest financial results show that buy to let is not in terminal decline, but the industry is going through structural change

When will the Renters' Rights Bill go live? Experts reveal all

When will the Renters' Rights Bill go live? Experts reveal all

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Two leading proeprty industry figures give their views on when landlords will face the new Renters' Rights Bill.

REVEALED: Fines for landlords who resist empty shops scheme

REVEALED: Fines for landlords who resist empty shops scheme

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News
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Landlords could be fined if they don’t engage with local councils who target their premises for a high street rental auction.

Brighton expected to push ahead with 'Airbnb' restrictions

Brighton expected to push ahead with 'Airbnb' restrictions

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News
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Brighton & Hove Council could push for an earlier crackdown on short lets in the city rather than waiting for government restrictions.

Margaret Thatcher's favourite council reveals start date for landlord licensing

Margaret Thatcher's favourite council reveals start date for landlord licensing

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News
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One of London’s most high-profile councils has revealed the start date for its new selective and additional licensing schemes as it bids to clamp down on rogue landlords and improve rental properties.

Landlord exodus to limited companies drives up BTL lending

Landlord exodus to limited companies drives up BTL lending

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News
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Landlords moving into limited companies and HMOs have fuelled a big jump in lending.

MP to stop holiday let owners dodging council tax via Bill

MP to stop holiday let owners dodging council tax via Bill

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News
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A Cornwall MP has launched a bid to ban short-let and holiday let landlords from switching to business lets.

Scotland moves closer to inflation-linked rent controls in 'hotspots'

Scotland moves closer to inflation-linked rent controls in 'hotspots'

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News
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Scotland's parliament has finished scrutiny of its Government's plans to restrict how landlords can raise rents, and much more.

Commercial tenants may reclaim millions after landmark ruling

Commercial tenants may reclaim millions after landmark ruling

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Commercial landlords are now on high alert following a recent high court ruling over insurance commissions

Timetable for landlords to upgrade rental homes to minimum EPC band 'unachievable'

Timetable for landlords to upgrade rental homes to minimum EPC band 'unachievable'

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News
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The UK’s largest landlord association has called out the Government’s plans to make rental properties reach a minimum EPC ‘C’ band by 2028 as ‘unachievable’.

'Immigration and too few landlords real reason for high rents'

'Immigration and too few landlords real reason for high rents'

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News
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Rising immigration is likely to push rental demand to new heights, a banking boss has warned.

40 landlords join agent's fight-back against 'extortionate' licensing fees

40 landlords join agent's fight-back against 'extortionate' licensing fees

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Landlords have been urged to join a legal action to challenge Leicester Council’s “unreasonably extortionate” selective licensing fees.

Senior letting agent slates 'too few' amendments to Renters' Rights Bill

Senior letting agent slates 'too few' amendments to Renters' Rights Bill

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A leading letting agent has criticsed the progress of the Renters’ Rights Bill which left the House of Lords with few amendments.

Beware using WhatsApp to discuss rental contracts, warns lawyer

Beware using WhatsApp to discuss rental contracts, warns lawyer

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A property lawyer has warned that landlords might fail to realise their tenant has given notice after a court ruled that a WhatsApp exchange was sufficient to create a contract.