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City-backed firm to spend �1bn buying thousands of PRS properties with low EPCs

City-backed firm to spend �1bn buying thousands of PRS properties with low EPCs

News

A proptech firm is to spend �1 billion buying up 3,000 private rented properties with low EPC ratings around the UK, which it plans to retrofit and rent out on behalf of its backers. With many individual landlords threatening to quit the sector - faced with licensing schemes an

40% of privately rented homes won't make 2028 deadline - agents claim

40% of privately rented homes won't make 2028 deadline - agents claim

News

Forty per cent of privately rented homes in England are unlikely to achieve the energy efficiency rating target that is due to come into force in 2028. Trade organisation Propertymark says its analysis of the latest English Housing Survey shows that 60 per cent of the rental sec

Looming EPC rules to cause mayhem in the rental market, warns senior figure

Looming EPC rules to cause mayhem in the rental market, warns senior figure

News

A staggering one-third of landlords plan to quit the sector or do nothing to address energy efficiency failings if and when new EPC regulations kick in. Research carried out on behalf of Paragon Bank reveals that 21% of landlords would not carry out any necessary works to bring

'Landlords NOT worried over proposals to give tenants more pet rights' says NRLA

'Landlords NOT worried over proposals to give tenants more pet rights' says NRLA

News

The NRLA has played down landlords fears about new Government proposals to give tenants the right to request a pet. Speaking on the Radio 4 You and Yours programme, director of policy Chris Norris said many landlords werent too worried about the government

OPINION: Why do landlords get the blame for rejecting tenants on Universal Credit?

OPINION: Why do landlords get the blame for rejecting tenants on Universal Credit?

Opinion

An official briefing document for MPs has underlined the contradictory position the government has manoeuvred itself into over landlords and letting agents who advertise properties as No DSS. The House of Commons Library document makes for interesting reading because, base

Well-known landlord jailed after defrauding HMRC out of £500,000

Well-known landlord jailed after defrauding HMRC out of £500,000

News

A landlord who defrauded HMRC out of almost �500,000 by keeping deductions from his employees wages has been jailed for three years. Michael Stainer, 74, (inset, main picture) was found guilty of two counts of cheating the public revenue and one of fraud by false representat

Many UK buildings are in danger of becoming unusable in heatwaves

Many UK buildings are in danger of becoming unusable in heatwaves

News

As temperatures in England and Wales soar this week, many office buildings will become unusable says real estate sustainability expert Chris Bennett of consultancy https://evoraglobal.com/" target="_blank" Evora Global - it should act as a powerful warning for real estate

'War on landlords' latest - 46,000 rental properties to disappear this year

'War on landlords' latest - 46,000 rental properties to disappear this year

News

An estate agency has claimed that the governments war on landlords will cost the private rented market some 46,000 this year, or some 3,800 every month. Hamptons , which has branches all over the UK, says its research confirms that, as LandlordZONE

The cost of living crisis affects landlords as well as tenants

The cost of living crisis affects landlords as well as tenants

News

With the cost of living crisis being the political issue of the day, and a political leadership contest underway, theres something of a hiatus in the way its being dealt with. But the situation is now quite urgent. Financial distress is now higher than during the pandemic.

Frustrated landlord quits after 20 years in the sector

Frustrated landlord quits after 20 years in the sector

News

After 20 years, landlord Sue quits the sector, citing frustration with anti-landlord sentiment and increasing regulatory burdens.

Minister defends excluding PBSA from tenancy changes

Minister defends excluding PBSA from tenancy changes

News

Minister defends exempting student housing from new tenancy rules to keep in step with academic year agreements/

EXCLUSIVE: Can landlords still access councils' empty homes funding?

EXCLUSIVE: Can landlords still access councils' empty homes funding?

News

Landlords with empty properties are being urged to take advantage of council cash to help fight the housing shortage. About 300 councils currently offer a scheme mainly loans to carry out repairs - although some provide grants, usually ranging from �5,000 to more than �25,

What landlords letting abroad need to know about Making Tax Digital

What landlords letting abroad need to know about Making Tax Digital

News

Letting out property abroad can be a great way of generating extra income. The property might have been bought primarily as an investment but for others or it could be second or holiday home let out when not in use. There are plenty of things to think about, though.

LATEST: Leicester ploughs on with selective licensing despite landlord criticism

LATEST: Leicester ploughs on with selective licensing despite landlord criticism

News

Leicester is going ahead with its selective licensing extension in three areas of the city, charging landlords �1,090 per property - the highest fee in the Midlands. The council is introducing the scheme in parts of Westcotes, Fosse, Braunstone Park and Rowley Fields wards, whi

Landlords told to 'brace themselves' for inspections at 29,000 properties

Landlords told to 'brace themselves' for inspections at 29,000 properties

News

Durham Council has warned landlords covered by its new selective licensing scheme to brace themselves for inspections next month. At least 29,000 properties, 42% of the countys PRS, are covered by the scheme which launched in April after winning government approval. <p id

LATEST: 18% of rented homes will need �10,000 spent on them to achieve EPC band C

LATEST: 18% of rented homes will need �10,000 spent on them to achieve EPC band C

News

Nearly one-fifth of private rented homes would need work costing more than �10,000 to bring them up to an EPC Band C, according to the latest PRS figures. The English Housing Survey Private Rented Sector report for 2020-21 found that these were more likely to need larger sums o

London rents have seen record rises in a very hot spring market

London rents have seen record rises in a very hot spring market

News

The latest figures available from Rightmove show that London rents jumped by around 14 per cent in the last year, with some property experts calling it the most competitive market on record Matt Hutchinson, a director at SpareRoom, the flat sharing website, has said: <p

What's the outlook for UK commercial property, post pandemic & Brexit?

What's the outlook for UK commercial property, post pandemic & Brexit?

News

The pandemic has had a devastating impact on commercial property, with lockdowns, social distancing, working from home (WFH), all accelerating the move to online and home deliveries. The likes of Tesco, Ocado and the other big supermarket deliveries were the saviour of the public during the

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Landlord loses appeal against £35,000 licencing fine

Landlord loses appeal against £35,000 licencing fine

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News
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A rogue landlord who was fined £34,640 for having eight unlicensed HMOs has failed in an attempt to have his conviction overturned.

Labour's bidding wars proposal 'impossible' to enforce says legal senior

Labour's bidding wars proposal 'impossible' to enforce says legal senior

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News
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Labour party figures’ desire to end tenant bidding wars is unworkable in practice, while unenforced legislation would not lead to any real improvement, according to a top property lawyer.

WARNING: 'Unintended consequences of leasehold reforms'

WARNING: 'Unintended consequences of leasehold reforms'

News
News
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A legal expert has warned that an amendment to the recently-passed Leasehold and Freehold Reform Act that raises the 25% non-residential limit in collective enfranchisement claims to 50% will have serious consequences for mixed-use developments.

NRLA to drop 'landlord' in bid to change public perceptions of sector

NRLA to drop 'landlord' in bid to change public perceptions of sector

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News
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Opinion
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The NRLA is to drop the word ‘landlord’ from its strapline in a bid to change public attitudes of those who rent out and manage properties.

The importance of guarantors in safeguarding tenancy payments

The importance of guarantors in safeguarding tenancy payments

Information
News
Podcast
Opinion
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Guarantors in rental agreements provide financial security for landlords. Understand their role, responsibilities, and tips for both parties.

Labour will allow 'bidding wars' but only if tenants start them

Labour will allow 'bidding wars' but only if tenants start them

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News
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Opinion
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The Labour party has clarified that although it will seek to stop agents and landlords encouraging bidding wars, tenants will be allowed to make ‘voluntary’ higher offers above the original rental asking price.

NRLA backs Labour's plan to stop bidding wars for rental homes

NRLA backs Labour's plan to stop bidding wars for rental homes

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News
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The NRLA has backed Labour’s proposal to stop landlords and letting agents enabling ‘bidding wars’ by requiring them to advertise a proposed rent based on market rates, with bids above that figure prohibited.

Landlord to repay tenants £21,500 after Tribunal probe

Landlord to repay tenants £21,500 after Tribunal probe

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News
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Four tenants will share a £21,515 rent repayment order after they took their landlord to court for repeatedly failing to licence his HMO.

JUDGE: Landlords cannot charge tenants who leave early for 'losses'

JUDGE: Landlords cannot charge tenants who leave early for 'losses'

News
News
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Opinion
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A landlord has been ordered to pay two former tenants £2,252 after a judge ruled that his letting agent agreement contravened the Tenant Fees Act.

Landlord couple who ignored HMO rules fined £18,000 by court

Landlord couple who ignored HMO rules fined £18,000 by court

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News
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A landlord couple who ignored requests from the local authority and Planning Inspectorate to stop using their property as an HMO have been fined £18,000.

Miliband says rented homes under EPC minimum 'C' will be banned

Miliband says rented homes under EPC minimum 'C' will be banned

News
News
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Ed Miliband, Labour’s Energy Security and Net Zero Secretary, has told the party’s annual conference that landlords will have to upgrade their homes to a minimum EPC ‘C’ rating by 2030 or be unable to rent their properties legally.

'Renting reforms and EPC upgrades will push out benefits landlords'

'Renting reforms and EPC upgrades will push out benefits landlords'

News
News
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A benefits landlord has voiced fears that new laws and standards in the PRS will force her -and others like her - to stop renting to social tenants.

Mould 'clamp down' plans for landlords 'imminent' says Rayner

Mould 'clamp down' plans for landlords 'imminent' says Rayner

News
News
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Information

Labour will continue to ramp up the pressure on landlords to update their properties by consulting on a Decent Homes Standard.

Landlord fined £5,000 after failing to get HMO licence

Landlord fined £5,000 after failing to get HMO licence

News
News
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A landlord in Colchester has been handed a £5,000 civil penalty notice for failing to license his unsafe HMO.

Labour’s tax plans could drive landlords out of the market

Labour’s tax plans could drive landlords out of the market

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News
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Landlords face potential £90,000 capital gains tax hit under Labour's proposed reforms, prompting many to consider selling before new tax laws take effect.

Investment property is a steal - but there's a catch

Investment property is a steal - but there's a catch

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News
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Opinion
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Landlords with a burning ambition to take on a major project might consider bidding on this home in the Welsh valleys, priced £0.

EXPERT: Clarity needed over PBSA exemption from reforms

EXPERT: Clarity needed over PBSA exemption from reforms

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News
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Opinion
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There is confusion around whether Purpose-Built Student Accommodation will be exempt from changes in the Renters’ Rights Bill.

Borough's HMO landlords trial new appeals portal

Borough's HMO landlords trial new appeals portal

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News
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Opinion
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Landlords in Barnet who are refused permission for change of use to an HMO can challenge the decision through a new online portal.

BTL mortgage rates fall despite interest rate hold

BTL mortgage rates fall despite interest rate hold

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News
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Opinion
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The Bank of England has resisted the temptation to cut interest rates, which remain at 5%.

REPORT: Scots law fails to significantly improve PRS

REPORT: Scots law fails to significantly improve PRS

News
News
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Legislation in Scotland has done little to improve affordability in the PRS, according to new research.

Utilita Energy helps landlords winterproof against mould and damp

Utilita Energy helps landlords winterproof against mould and damp

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News
Podcast
Opinion
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Times are hard for tenants and landlords alike and this coming winter is causing a worry for many.

Tenant lifestyle not always to blame for damp, says legal expert

Tenant lifestyle not always to blame for damp, says legal expert

News
News
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Opinion
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Landlords should not be so quick to lay the blame on tenants for problems and instead use new tools to tackle issues.

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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Information

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

News
News
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Opinion
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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

News
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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News
Podcast
Opinion
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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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Opinion
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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...