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Serco offers attractive deal to landlords for asylum housing

Serco offers attractive deal to landlords for asylum housing

News

Serco offers landlords guaranteed rent, free maintenance, and no void periods in five-year leases to house asylum seekers.

LATEST: New Housing Minister is a landlord as Gove clears out Truss appointees

LATEST: New Housing Minister is a landlord as Gove clears out Truss appointees

News

Landlords might have found themselves an ally in the newest minister at the Department for Levelling Up, Housing and Communities. Lucy Frazer - the latest MP to join returning boss https://www.landlordzone.co.uk/tag/michael-gove/" target="_blank" Mic

Firms involved in �2.4 million property investment scam are shut down

Firms involved in �2.4 million property investment scam are shut down

News

A group of companies involved in substantial property investment scams has been wound up by the High Court and an official received appointed to liquidate the four firms involved. These are Sentor Solutions Commercial Ltd , Fabcourt Deve

RICS survey indicates global downturn in commercial property market

RICS survey indicates global downturn in commercial property market

News

The RICS global Commercial Real Estate Market Monitor (Q3 2022) is indicating that the sector is in the early stages of a downturn. Thats according to around 81% of the surveys respondents in Q3 2022. It marks a significant increase from the previous quarter sample when just 11% of th

Landlord vents anger at councils who tell bad tenants to ignore eviction notices

Landlord vents anger at councils who tell bad tenants to ignore eviction notices

News

A concerned landlord has shared his frustration at the way councils manage problem tenants facing eviction by telling them to stay put while they are found alternative accommodation, informing the tenants that they will be making themselves 'intentionally homeless' if they move out. <p i

London rents rise faster than inflation to �1,499 a month as tenants fight over flats

London rents rise faster than inflation to �1,499 a month as tenants fight over flats

News

Continued demand for detached properties and a post-Covid resurgence in rent for flats has pushed annual increases in London above inflation. Average rents have accelerated by 4% to �1,499 during Q3 more than double the previous quarters rise and up 11% (�160) highe

LATEST: 'Rishi' effect kicks in as mortgage rates begin to reduce

LATEST: 'Rishi' effect kicks in as mortgage rates begin to reduce

News

The Rishi effect has started to impact mortgage rates just a day after the new PM was announced. As former Chancellor Rishi Sunak moves into number 10, some lenders have announced plans to drop their rates from tomorrow; Coventry Building Society is reducing its new busine

City to fine landlords up to �5,000 for failing to attain EPC E rating for properties

City to fine landlords up to �5,000 for failing to attain EPC E rating for properties

News

Nottingham landlords could face a �5,000 fine if their property doesnt have an EPC E rating as the city council bids to crack down on cold homes. The authority has agreed to adopt financial penalties under the Energy Efficiency (Private Rented Property in Engla

Navigating soaring energy bills and the cost of living crisis - Property podcast - Total Landlord Insurance

Navigating soaring energy bills and the cost of living crisis - Property podcast - Total Landlord Insurance

Podcast

In this episode of The Property Cast, Eddie and Paul welcome energy expert and Head of Tenancy Services at Goodlord, Rik Smith. Drawing on his in-depth knowledge of the residential energy market, Rik cuts through the jargon to explain what is happening in the energy market at la

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London properties offered at historic discounts

London properties offered at historic discounts

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Investors can snap up prime central London properties at historic discounts equivalent to those seen in the early 1990s, according to new research by Savills.

Half of renters lack contents insurance, Monzo claims

Half of renters lack contents insurance, Monzo claims

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News
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Half of private renters either don’t have contents insurance or don’t know what it is, leaving them financially vulnerable to theft, damage, or loss.

Only 2.5% of rented homes affordable for benefit tenants

Only 2.5% of rented homes affordable for benefit tenants

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News
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Only 2.5% of private rented properties listed in England were affordable for people on housing benefit between April and October last year according to Crisis, down from 12% in 2021 to 22.

Billionaire landlord ordered to repay £263K for unlicensed HMOs

Billionaire landlord ordered to repay £263K for unlicensed HMOs

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News
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A billionaire landlord has been ordered to repay tenants £263,555 for operating two East London buildings as unlicensed HMOs.

House price growth steady despite stamp duty changes

House price growth steady despite stamp duty changes

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News
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House price growth remained steady last month, but is expected to soften in the coming months as the stamp duty holiday comes to an end.

Third of landlords plan to sell in next year, says Landbay

Third of landlords plan to sell in next year, says Landbay

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More than a third of landlords plan to offload some of their rental properties in the next 12 months, according to a new survey.

Avoid repeat of rent restrictions, urges Scottish lawmakers

Avoid repeat of rent restrictions, urges Scottish lawmakers

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News
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Letting agents have urged Scottish lawmakers not to repeat the mistake of restricting rents that has ultimately increased costs for tenants.

Scotland raises £13M/week in property tax revenue

Scotland raises £13M/week in property tax revenue

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News
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Almost £13million a week was raised in property taxes for the Scottish Government, new analysis has revealed.

Student rents may surge due to renters’ rights bill

Student rents may surge due to renters’ rights bill

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Student rents could surge following the introduction of the Renters’ Rights Bill, say landlords, who have warned that it also discriminates against foreign students.

Lettings agency chiefs call for minimum property standards

Lettings agency chiefs call for minimum property standards

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New minimum standards for rental properties and industry training are needed to improve quality and safety in the PRS, the government has been told.

Landlord to return £800 deposit over jaw-dropping contract clause

Landlord to return £800 deposit over jaw-dropping contract clause

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News
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A landlord who tried to charge a prospective tenant for having overnight guests has been ordered to repay the holding deposit.

Certainty needed on energy efficiency targets

Certainty needed on energy efficiency targets

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James Kent, the NRLA’s Chief Innovation Officer, and founder of digital compliance platform Safe2, explains why landlords need to know where they stand sooner rather than later.

Scandal hit social housing REIT winding down

Scandal hit social housing REIT winding down

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News
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Home REIT, the investment trust marketed as the dream scheme to house the homeless is folding with extensive debts and legal claims. 

Landlord's appeal against huge rent repayment order fails

Landlord's appeal against huge rent repayment order fails

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News
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A landlord has failed in a last-ditch attempt to convince a property tribunal that he shouldn’t have to pay a rent repayment order – and has been stung with a £13,643 bill.

Citizen's Advice slams landlords for 'damp and mouldy homes'

Citizen's Advice slams landlords for 'damp and mouldy homes'

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News
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Almost half of private renters in England are living in cold, damp or mouldy homes, even during the summer, according to a new Citizens Advice poll.

BTL lenders reveal shock reduction in landlord mortgages

BTL lenders reveal shock reduction in landlord mortgages

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The mortgage industry says the number of new buy-to-let mortgages more than halved last year, with higher interest rates blamed for the fall.

City lauds highly unusual approach to 'non-compliant' landlords

City lauds highly unusual approach to 'non-compliant' landlords

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News
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Liverpool Council has teamed up with the emergency services and HMRC to share intelligence and weed out 'non-compliant' landlords.

Mayor launches poster campaign urging tenants to report landlords

Mayor launches poster campaign urging tenants to report landlords

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News
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A new poster campaign on the London Underground is urging travellers to report dodgy landlords.

REVEALED: Real reason why rental supply is dwindling

REVEALED: Real reason why rental supply is dwindling

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News
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The number of buy-to-let properties bought by landlords as a percentage of all homes sales across the nation has sunk to its lowest level since records began.

South Coast councillors approve plan to crack down on HMOs

South Coast councillors approve plan to crack down on HMOs

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News
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The South Coast seaside resort ofEastbourne is to crack down on the town’s growing number of HMOs andcouncillors are soon to make a decision on what to do.

COMMENT: Labour’s rental reforms, have they been watered down?

COMMENT: Labour’s rental reforms, have they been watered down?

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Labour’s rental reforms, has Labour's Rental Charter have they been watered down in the King's speech?

Enfield HMO landlords face licence fee hike

Enfield HMO landlords face licence fee hike

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Landlords in the London borough face paying an extra £174 for an additional HMO licence if plans get the green light.

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

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

EXODUS: 18% of homes for sale are former rentals

EXODUS: 18% of homes for sale are former rentals

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The number of former rental properties currently for sale has risen dramatically as more landlords exit the market or downsize.

BREAKING: Inflation under control but property costs still soaring

BREAKING: Inflation under control but property costs still soaring

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Official figures show inflation has held steady at 2% over the past 12 months but the detailed briefing from the Office of National Statistics also reveals that property costs remain at historically high levels.

What can landlords expect from this new Labour government?

What can landlords expect from this new Labour government?

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Tom Entwistle looks at the likely changes ahead of this week’s King’s speech - this should reveal a bit more detail and the general direction of travel by Labour