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Average house price drops £1,575 in March, reveals Halifax data

Average house price drops £1,575 in March, reveals Halifax data

News

The average house price of a home in Britain fell 0.5%in March -a drop of £1,575 - putting the average property price at £296,699.

Tax changes stem flow of foreign BTL investors

Tax changes stem flow of foreign BTL investors

News

Tax changes have stemmed the flow of overseas house hunters seeking a buy-to-let property or second home in the last five years.

LEGAL landmark case: serving notices on your tenants – get it right first time

LEGAL landmark case: serving notices on your tenants – get it right first time

Information

Denial of receipt of notices is a recurring theme on the landlord-tenant landscape. This landmark case clarifies matters.

Landlords react to renters’ rights bill shockwaves

Landlords react to renters’ rights bill shockwaves

News

Landlords packed the National Landlord Investment Show in London, sounding the alarm over the game-changing Renters Rights Bill. With no-fault evictions on the chopping block, experts warn that the bill could cripple landlords with skyrocketing legal costs and a loss of control over their properties

Trickle vents can be one of the best ways to combat damp and mould in rental properties

Trickle vents can be one of the best ways to combat damp and mould in rental properties

News

Trickle vents can be one of the best ways to combat damp and mould, according to one architect who explains why houses are getting damper, ahead of Awaab’s Law.

Labour MP reiterates calls for a short-lets registration scheme

Labour MP reiterates calls for a short-lets registration scheme

News

A Labour MP has reiterated calls in the House of Commons this week for a short-lets registration scheme.

Tenants prefer speedier repairs over more regulations

Tenants prefer speedier repairs over more regulations

News

More communication and speedier repairs would improve the relationship between tenants and landlords rather than more regulation, a new industry survey has revealed.

Rental stock stagnant for nine years, landlord types shift

Rental stock stagnant for nine years, landlord types shift

News

UK rental stock stagnant at 5.5M since 2016; small landlords exit, while larger, mortgage-free investors dominate, shifting market dynamics.

Landlords need time to adjust to renters’ rights bill

Landlords need time to adjust to renters’ rights bill

News

The National Residential Landlords Association (NRLA) has predicted “confusion and chaos” unless the Government gives landlords sufficient time to adjust to new reforms.

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NRLA calls on Government to review landlord taxes to stop 'supply crisis'

NRLA calls on Government to review landlord taxes to stop 'supply crisis'

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Landlords are calling on the Government to review how they are taxed after new figures reveal the devastating impact higher levies are having on the private rented sector. The National Residential Landlords Association (NRLA) says new research conducted on its behalf by co

'Discriminatory' HMO licensing scheme rules slammed by landlords

'Discriminatory' HMO licensing scheme rules slammed by landlords

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Two out of three HMO landlords in Portsmouth plan to call it quits this year, largely prompted by the launch of an additional licensing scheme in September. Portsmouth & District Private Landlords Associations survey found that this would mean a loss of 348 rooms which, e

Damp and mould investigation reveals 1000s of homes affected

Damp and mould investigation reveals 1000s of homes affected

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A Government investigation into damp and mould in the social housing sector has disclosed initial findings which show a significant number of homes in the social sector are affected by this problem. On Thursday (2 February) the Regulator of Social Housing (RSH) published a <a hr

Up for a fight? Fundraiser seeks property people to step into the ring

Up for a fight? Fundraiser seeks property people to step into the ring

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The property industrys Rumble with the Agents charity event is to host its eighth evening of boxing and fund-raising in North London on Thursday 22nd June, it has been announced. <figure id="" class="w-richtext-figure-type- " data-rt-type="" dat

MORTGAGE SHOCK: Bank of England hikes base rate by 0.5% to 4%

MORTGAGE SHOCK: Bank of England hikes base rate by 0.5% to 4%

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The Bank of England has raised interest rates for the 10th consecutive time as it battles inflation - a move likely to hit thousands of investors with variable rate mortgages and those forced to renew fixed-rate deals. The base rate has gone up by half a percent to 4%, the highe

Councils' frosty reception for HMOs sees number decline in key regions

Councils' frosty reception for HMOs sees number decline in key regions

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Englands HMO market has shrunk by more than 21,000 properties in the last two years as local councils ramp up planning rules and licensing schemes. Numbers were down by -2.4% to 489,701 last year, having already seen a -1.7% drop in 2021, according to figures from Octane Capi

EXCLUSIVE: Online boss talks candidly about landlords' reluctance to 'go digital'

EXCLUSIVE: Online boss talks candidly about landlords' reluctance to 'go digital'

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The boss of online lettings platform lettingaproperty.com is determined to overcome landlords inertia to switch from using high street agents. Jonathan Daines admits its a challenge as 95% of landlords still use agents, with the ingrained belief that the online process wil

MARKET: Average house price down 3.2% since August 2022

MARKET: Average house price down 3.2% since August 2022

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House prices have fallen for the fifth month in a row, with the average property now worth �258,297, almost �4,000 less than in December, reports Nationwide. January saw a -0.6% monthly dip which left prices 3.2% lower than their August peak, while annual house price growth al

Making Tax Digital for Income Tax on hold, again!

Making Tax Digital for Income Tax on hold, again!

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If you were due to submit a self-assessment tax return and pay your dues by yesterdays deadline and you missed it you should do so now without delay, otherwise you will face a penalty. Anyone with rental income must submit a self-assessment income tax return, completing the property inco

Rental prices continue to climb at near-record rate

Rental prices continue to climb at near-record rate

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Average UK private rents increased by 8.4% in the 12 months to August, down from 8.6% in the 12 months to July.

Portfolio landlords buying more properties through companies

Portfolio landlords buying more properties through companies

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Landlords who use limited company structures are incorporating a much larger proportion of their portfolios to mitigate tax changes.

Generous renters dip deep to help homeless youngsters

Generous renters dip deep to help homeless youngsters

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Kind-hearted mydeposits customers have donated more than £66,000 of interest earned on their deposits to the Centrepoint charity.

NRLA calls for clarity on new PRS standards and enforcement

NRLA calls for clarity on new PRS standards and enforcement

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Renters’ Rights Bill sets new Decent Homes Standard, digital PRS database, and stronger enforcement to improve rental property safety and quality.

Landlords urged to offer more tenant-friendly technology

Landlords urged to offer more tenant-friendly technology

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Nearly three-quarters of UK tenants (73%) who aren’t using digital tools in their rental properties would like to give them a try.

Edinburgh landlords win legal challenge over suspensions

Edinburgh landlords win legal challenge over suspensions

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Short-term let landlords in Edinburgh have won a third successful challenge against the council’s licensing scheme.

Proptech in focus at 2024 NRLA conference

Proptech in focus at 2024 NRLA conference

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With one eye on the horizon the NRLA is always looking for ways to streamline the lettings process, making it quicker and easier for landlords and tenants. Here James Kent, the NRLA’s Chief Innovation Officer, and founder of digital compliance platform Safe2, looks forward to the association’s 2024

Renters' Rights Bill due back in Commons next month

Renters' Rights Bill due back in Commons next month

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The Renters’ Rights Bill returns to the Commons for its second reading next month, as the new government fast-tracks its shake up of the PRS.

Landlord fined for failing to improve cold and mouldy home

Landlord fined for failing to improve cold and mouldy home

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A rogue landlord who persistently ignored requests to carry out improvement works on her property has been ordered to pay £2,400.

TECH: Platform delivers insights to ease property-buying process

TECH: Platform delivers insights to ease property-buying process

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Landlords are being encouraged to trial a tech tool that gives them new insights to make property buying less risky.

North-South rental gap is smallest in a decade

North-South rental gap is smallest in a decade

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The gap between rents in the North and South of England has closed to its smallest level since 2013.

Councils’ disastrous journey into commercial property investments

Councils’ disastrous journey into commercial property investments

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English councils collectively went on a near £7bn commercial property buying spree, a reel into cinemas proved to be a disaster...

Landlord left family living in fear at unlicensed home

Landlord left family living in fear at unlicensed home

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A rogue landlord who left a family of eight living in damp and dangerous conditions has been told to pay more than £3,000 by magistrates.

Calls grow for short-let licensing to rebalance PRS

Calls grow for short-let licensing to rebalance PRS

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MPs are pushing the government to introduce a licensing scheme for short-term lets in England.

Stock crisis predicted to worsen as landlords brace for bad news

Stock crisis predicted to worsen as landlords brace for bad news

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More than one in 10 homes for sale on Zoopla in July were formerly rented, prompting fears that a challenging autumn budget could further increase sales.

Expected tax grab prompts fearful landlords to quit

Expected tax grab prompts fearful landlords to quit

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An ongoing shortage of rental properties is expected to keep pushing rents higher as more landlords look to scale back their portfolios.

Suspended jail term for landlord who ignored safety checks

Suspended jail term for landlord who ignored safety checks

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A rogue landlord has been handed a suspended jail sentence after she failed to maintain gas appliances at her rental property.

Rogue exempt accommodation landlords face tough crackdown

Rogue exempt accommodation landlords face tough crackdown

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The government has vowed to take action on rogue landlords who exploit vulnerable residents in exempt accommodation.

Landlord Exodus: Tough New Rules spark mass Sell-Off

Landlord Exodus: Tough New Rules spark mass Sell-Off

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A mass sell-off is currently underway in the landlord sector, and it only looks set to increase. EPC requirements, The Renters Reform Bill, mounting financial pressures, the list of reasons goes on.

Steep house prices curb renters' home buying ambitions

Steep house prices curb renters' home buying ambitions

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A third of renters (33%) don’t plan to ever own their own home, up from a fifth (20%) in 2022.

Warning: Landlords will race to beat Section 21 ban

Warning: Landlords will race to beat Section 21 ban

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A “tsunami of landlords” will put in Section 21 notices before the ban is implemented, predicts Landlord Action’s Paul Shamplina.

Landlords face biggest reform with Section 21 ban

Landlords face biggest reform with Section 21 ban

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Landlords are bracing themselves for the impact of a ban on Section 21 after the government published its Renters’ Rights Bill.

Rental listings see big uplift after recent rate cut

Rental listings see big uplift after recent rate cut

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The first base rate cut since 2020 has boosted rental stock levels across major British cities, according to new research.

Landlords' views sought on updating house sale process

Landlords' views sought on updating house sale process

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Landlords are being asked to share their experiences of conveyancing to help strengthen the case for digital property packs.

Ministers debate even tougher rules for holiday let owners

Ministers debate even tougher rules for holiday let owners

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The government is considering a further crackdown on short-term lets in a bid to free up more homes for local people.