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Reform bill will push more landlords into the short-lets market, say experts

Reform bill will push more landlords into the short-lets market, say experts

News

Leading figures on both sides of the private rented sector have agreed that the Renters Reform Bill, along with the Governments other changes including tax relief, are driving landlords into the short lets market. The comments were made during a debate chaired by former North

OFFICIAL: Latest evictions surge 'due to reforms pushing out landlords'

OFFICIAL: Latest evictions surge 'due to reforms pushing out landlords'

News

The Minsitry of Justice has blamed a 23% jump in the number of private landlord possession during the first three months of the year on the Welsh PRS reforms, although volumes are still below pre-Covid levels. Quarterly figures from the Ministry of Justice show that claims 

Renters’ Rights Bill: Expert insights on key changes

Renters’ Rights Bill: Expert insights on key changes

Podcast

Experts Sean Hooker and Kate Faulkner discuss the Renters (Reform) Bill and its impact on landlords and tenants in the private rented sector.

The UK's �1bn self-storage business boosted by the shortage of rentals

The UK's �1bn self-storage business boosted by the shortage of rentals

Information

Running a storage rentals business, supplying and letting space for inanimate objects, as opposed to people, is potentially far more lucrative and a lot less troublesome than operating as a residential landlord. The UK self-storage industry has grown steadily over the last twent

More landlords lose properties as interest rates and rising prices hit home

More landlords lose properties as interest rates and rising prices hit home

News

At least 410 buy-to-let mortgaged properties were repossessed in the first quarter of 2023, 28% higher than in the previous quarter - the highest level since the start of the pandemic. https://www.ukfinance.org.uk/" UK Finance reports that 970 buy-to-let mortg

Illegal HMO conversion lands landlord with hefty fine

Illegal HMO conversion lands landlord with hefty fine

News

A https://www.landlordzone.co.uk/news/court-fines-unlucky-but-rogue-landlord-12000-over-unlicensed-hmo/" rogue landlord who illegally subdivided his property into seven separate flats has been ordered to pay back more than �110,000 through the Proceeds of Crime Act.<br><

Green mortgage aims to make an impact on BTL investors

Green mortgage aims to make an impact on BTL investors

News

Buy-to-let landlords could add the cost of making properties more https://www.landlordzone.co.uk/news/landlords-rush-to-offload-their-energy-poor-properties/" energy efficient onto their mortgage in an initiative to make more UK homes greener. https:/

Renters’ reform bill promises major housing changes

Renters’ reform bill promises major housing changes

News

In the second in a series of blogs for&nbsp;LandlordZONE&nbsp; on rental reform,&nbsp;Sean Hooker , Head of Redress at the&nbsp;https://www.theprs.co.uk/" <e

Reform Bill: Landlords brace for 'challenging' notice periods

Reform Bill: Landlords brace for 'challenging' notice periods

News

Tenants could effectively move in and give notice the same day under proposals in the https://www.landlordzone.co.uk/news/renters-reform-bill-we-take-a-first-look-at-the-radical-new-legislation/" Renters (Reform) Bill . The draft legislation scraps assured shor

Landlords rushing to sell as mortgage costs soar above tenants' rent

Landlords rushing to sell as mortgage costs soar above tenants' rent

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Private landlords across the UK have found themselves in hot water, and its no surprise that many are rushing to sell their property portfolios. A recent article by the BBC reported that private landlords had expressed critical concerns that their rents wont cover the cost

Reform Bill: 'Justice at stake if eviction changes not backed by extra funding'

Reform Bill: 'Justice at stake if eviction changes not backed by extra funding'

News

Court reforms and extra funding are needed if the governments overhaul of the evictions process is to succeed, warn landlord groups and eviction specialists. It has promised to abolish section 21 no fault evictions&nbsp;as part of the https://www.landlordzone.c

Reform Bill: Landlord database to be enforced with court orders

Reform Bill: Landlord database to be enforced with court orders

News

A new ombudsman known as the landlord redress scheme - and property portal would be compulsory for all private sector landlords.

First look: Renters’ Rights Bill promises sweeping changes

First look: Renters’ Rights Bill promises sweeping changes

News

First look at the Renters (Reform) Bill: groundbreaking tenant protections, streamlined landlord redress & flexible ‘pets-in-lets’ rules.

Purplebricks sold to rival for �1 after senior team throw in the towel

Purplebricks sold to rival for �1 after senior team throw in the towel

News

Purplebricks, which at one stage was used by thousands of landlords to manage their properties, has announced that its assets and business are to be sold to rival Strike for �1, pending approval by its shareholders. Any funds remaining in the firm some �5.5 million are

Gove's plan to ease HMO rules for asylum accommodation

Gove's plan to ease HMO rules for asylum accommodation

News

Michael Gove approves relaxed HMO rules for asylum seeker housing, exempting safety standards and licensing; critics warn of potential exploitation.

BLOG: 'Reform bill will solve the problem of pet damage for landlords'

BLOG: 'Reform bill will solve the problem of pet damage for landlords'

News

The long-awaited Renters (Reform) Bill will finally be introduced in parliament after Prime Minister's Questions today. Setting out plans for 12 key reforms to the private rental sector, the 11th pledge - to give tenants the right in law to request a pet, which should not be unr

Agents who lack licencing law know-how 'putting landlords at risk'

Agents who lack licencing law know-how 'putting landlords at risk'

News

Agents lacking landlord licensing know‑how put landlords at risk — vital compliance gaps exposed.

Opinion: does Michael Gove know something we don't?

Opinion: does Michael Gove know something we don't?

Opinion

It would seem that successive Tory governments have waged an ongoing and progressively more vicious war on buy-to-let landlords, but this latest layer of legislation goes much further. Yes, this latest iteration, and one thats https://bills.parliament.uk/bills/1768/s

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Welsh tax grab plans could hammer PRS investment

Welsh tax grab plans could hammer PRS investment

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News
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The Welsh government has been warned it risks reducing the supply of student accommodation if changes to tax reliefs are introduced.

Higher costs curb new student home building

Higher costs curb new student home building

News
News
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Fewer than 17,500 purpose-built student beds are expected to be added in the coming academic year, representing only 0.6% growth.

Labour’s Renters' Rights Bill to abolish section 21 in 2025

Labour’s Renters' Rights Bill to abolish section 21 in 2025

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News
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The new Labour government won’t wait to improve the court system before abolishing Section 21, predicts a top property lawyer.

SHOCK: Official survey reveals 19% of tenant deposits not protected

SHOCK: Official survey reveals 19% of tenant deposits not protected

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News
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Nearly 200,000 private renters haven’t had their deposits protected under an authorised scheme, according to new government data.

Banning leasehold flat sales 'will cause problems' warn experts

Banning leasehold flat sales 'will cause problems' warn experts

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News
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Property experts have warned that Labour’s promise to finish the job of ending the “feudal” leasehold system could complicate leaseholders’ situation.

Big lender changes mortgage T&Cs to allow Airbnb lets during void periods

Big lender changes mortgage T&Cs to allow Airbnb lets during void periods

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News
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A major high street lender has changed the terms and conditions of its mortgages to enable landlords to rent their properties out on short-term and holiday let sites such as Airbnb and Booking.com during void periods.

Council plan: Move students from HMOs to PBSA

Council plan: Move students from HMOs to PBSA

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News
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A Midlands council is on an unusual mission to get more students living in purpose-built student accommodation (PBSA) instead of traditional HMOs.

LATEST: King's Speech reveals Labour's new Renters' Rights Bill

LATEST: King's Speech reveals Labour's new Renters' Rights Bill

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News
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This morning’s King’s Speech to a packed House of Lords has revealed Labour’s radical plans for landlords, letting agents and tenants.

Landlords 'getting younger' latest research reveals

Landlords 'getting younger' latest research reveals

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News
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Keen thirty-something investors have helped to lower the average age of private landlords by four years over the last decade.

Landlord-bashing council slammed over its own property failings

Landlord-bashing council slammed over its own property failings

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News
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Newham Council has apologised to council tenants after the Regulator of Social Housing found serious failings in safety standards at its properties.

Housing must be a (unique reference) numbers game, Rayner told

Housing must be a (unique reference) numbers game, Rayner told

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News
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A coalition of leading property groups has called on the government to put the Unique Property Reference Number (UPRN) at the heart of the UK residential market.

Pet-friendly homes, not rent rises are tenants biggest concern

Pet-friendly homes, not rent rises are tenants biggest concern

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News
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Many politicians and campaigners have, in support of the Government’s looing renting reforms, claimed that tenants feel insecure when living in their homes and are worried about the high rents.

Rightmove urges Chancellor not to punish landlords AGAIN

Rightmove urges Chancellor not to punish landlords AGAIN

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News
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Rightmove has called on the Government to support landlords, not load them with more tax, ahead of the Chancellor’s budget on 30th October.

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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News
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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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News
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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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News
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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.

Renting reforms to have 'unintended consequences' warns agent leader

Renting reforms to have 'unintended consequences' warns agent leader

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News
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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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News
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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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News
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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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News
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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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News
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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.