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Spring statement misses opportunity for landlords

Spring statement misses opportunity for landlords

News

The Spring Statement proved a missed opportunity for landlords and stamp duty, it has been suggested.

Tenants warned to know their rights after Chancellor announces more new homes

Tenants warned to know their rights after Chancellor announces more new homes

News

Tenants have been warned to know their rights following Chancellor Rachel Reeves’ announcement of a £2billion investment in 18,000 new social and affordable homes.

Scottish landlords weigh rent hikes against void risks

Scottish landlords weigh rent hikes against void risks

News

Scottish landlords advised to balance rent increases with potential void periods post-cap removal; market conditions and tenant challenges considered.

Concerns raised about whether new planning reforms go far enough to address housing shortage

Concerns raised about whether new planning reforms go far enough to address housing shortage

News

Concerns about whether new planning reforms go far enough to address the country’s housing shortage have been raised by estate agents.

Labour pressured to remove guarantor rights for landlords

Labour pressured to remove guarantor rights for landlords

News

Homelessness charities are requesting amendments to the Renters’ Rights Bill that would severely limit landlords’ right to use guarantor agreements

Inflation dips to 2.8%, boosting hopes of interest rate cuts

Inflation dips to 2.8%, boosting hopes of interest rate cuts

News

Inflation has dipped, boosting mortgage borrowers’ hopes of more interest rate cuts.

Average asking rents have risen to £557 a week, new Foxton figures have revealed.

Average asking rents have risen to £557 a week, new Foxton figures have revealed.

News

Average asking rents have risen to £557 a week, new Foxton figures have revealed.

Flat sales stall amid lack of meaningful progress on unsafe cladding repairs, estate agents warn

Flat sales stall amid lack of meaningful progress on unsafe cladding repairs, estate agents warn

News

Many flat sales are stalling due to a lack of meaningful progress on unsafe cladding repairs, estate agents have warned.

Landlords invited to boost business at training day

Landlords invited to boost business at training day

News

Landlords are being invited to a “five-star training day” to help them navigate the biggest changes in the rental market for 30 years.

Single-Family Housing market attracts attention amid surge in demand

Single-Family Housing market attracts attention amid surge in demand

News

Investors are targeting the Single-Family Housing (SFH) market as the booming sector aims to help fill the PRS shortfall.

Landlord fails in bid to increase tenant’s rent, tribunal rules

Landlord fails in bid to increase tenant’s rent, tribunal rules

News

A landlord company has failed in its bid to increase a tenant’s rent by 25% after a First Tier Property Tribunal heard that poor standards would lower the market rent.

NRLA on the road: New events programme to bring the association to you

NRLA on the road: New events programme to bring the association to you

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NRLA launches on-the-road events programme to bring landlord support and training locally.

Landlords turn to HMOs as higher mortgage costs steer them towards larger properties for better returns

Landlords turn to HMOs as higher mortgage costs steer them towards larger properties for better returns

News

More landlords are investing in HMOs as higher mortgage costs prompt them to turn to larger properties with better returns.

Landlords' legal action halts licensing scheme

Landlords' legal action halts licensing scheme

News

A group of disgruntled landlords in Scunthorpe has succeeded in halting its new selective licensing scheme.

New “crackdown on bad landlords” launched by London council

New “crackdown on bad landlords” launched by London council

News

A new “crackdown on bad landlords” has been introduced by a London council.

Tenants are paying £2,195 more on their annual housing costs, says Savills

Tenants are paying £2,195 more on their annual housing costs, says Savills

News

Private tenants are paying £2,195 more on their annual housing costs than in 2022, according to Savills’ latest research.

The Renters' Rights Bill moves a step closer to Royal Ascent

The Renters' Rights Bill moves a step closer to Royal Ascent

News

The controversial Renters' Rights Bill has moved a step closer to Royal Ascent

Tenancies will “change overnight’ once Renters’ Rights Bill comes in

Tenancies will “change overnight’ once Renters’ Rights Bill comes in

News

Tenancies will “change overnight’ once the Renters’ Rights Bill comes into force, Sean Hooker, of the Property Redress Scheme, has warned.

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WATCH: Is Government policy squeezing landlords out of the market?

WATCH: Is Government policy squeezing landlords out of the market?

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News
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The number of landlords selling up has hit record levels, leading property buying firm National Residential has reported. The company says this has been prompted to a significant degree by the long-standing uncertainty within the private rented sector created by the Government

Should landlords hold onto their properties for as long as possible following the BOE's announcement that inflation fell to 8.7% in April?

Should landlords hold onto their properties for as long as possible following the BOE's announcement that inflation fell to 8.7% in April?

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Despite the fall in inflation, The Guardian is reporting https://www.theguardian.com/business/2023/may/24/uk-inflation-falls-cost-of-living-crisis" the financial markets are betting on an interest rate rises to 4.75% in June and 5.4% by the end of the year , the Office fo

Rental homes must be 'reserved for locals' in Airbnb hotspots, says Tory MP

Rental homes must be 'reserved for locals' in Airbnb hotspots, says Tory MP

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News
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A Conservative MP has called for tenants to be offered affordable homes in tourist hot spots if they can prove theyre local. During a Commons debate on short-term holiday lets, East Devon MP Simon Jupp (pictured) suggested that councils could be allowed

WARNING: 'Periodic tenancies will 'decimate' the student rental sector'

WARNING: 'Periodic tenancies will 'decimate' the student rental sector'

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News
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The NRLA says Government measures to abolish Assured Shorthold Tenancies (ASTs) will decimate the student housing sector if they go ahead unchanged. Featured within the Renters (Reform) Bill, this will see ASTs replaced with more flexible open-ended periodic tenancies

Commercial property industry supports a record number of UK jobs

Commercial property industry supports a record number of UK jobs

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News
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Commercial property is an important part of the UK economy, but the retail and office sectors as still suffering and rising interest rates present a real threat. A recent https://bpf.org.uk/media/6294/cl16688-01-bpf-economic-footprint-may23-v5-hi-res-single-pages.pdf" t

BLOG: Should landlords switch on to electric vehicle charging points?

BLOG: Should landlords switch on to electric vehicle charging points?

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News
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Electric vehicle charging expert Matthew Gibbons (main picture) explores the pros and cons of installing the different equipment at rental properties. Rented properties with EV charge points are a rare thing, so installing one makes a home more desi

Are there certain areas worth investing in following Government’s Levelling Up plans?

Are there certain areas worth investing in following Government’s Levelling Up plans?

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In the Spring Budget, the Chancellor announced a raft of measures that the Government intends to help level up the UK. Specifically, they're pledging to prioritise employment, education and enterprise

Suburban landlords to see bonus as more renters commute into London

Suburban landlords to see bonus as more renters commute into London

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News
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Better transport links to the capital have boosted the number of Londoner commuters happy to spend time on the tube or bus. Renters are living further away from the office than they did seven years ago because this doesnt necessarily equate to longer journey times due to impr

Major debt charity calls for more eviction protection for rent arrears tenants

Major debt charity calls for more eviction protection for rent arrears tenants

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News
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A debt charity is calling on the government to introduce stronger protections for tenants who fall behind on their rent. StepChanges survey found that private renters struggled to afford their homes more than any other housing tenure, with one in six (1.2 million people) rely

Rental prices continue to climb at near-record rate

Rental prices continue to climb at near-record rate

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News
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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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News
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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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News
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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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News
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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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News
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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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Think digital—PropTech set for the spotlight at NRLA conference, shaping the future of rental management tools.

Renters' Rights Bill due back in Commons next month

Renters' Rights Bill due back in Commons next month

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News
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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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News
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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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News
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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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News
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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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News
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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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News
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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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News
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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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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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News
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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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News
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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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News
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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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News
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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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News
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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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News
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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.