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

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

News

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

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

News

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

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

News

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

News

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

News

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

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.

Tenants want rent controls and more rights, new poll reveals

Tenants want rent controls and more rights, new poll reveals

News

Private renters want the next government to control the pace of rent rises, build more homes and increase their rights and protections.

Section 21 evictions ban will not be 'immediate' Rayner interview reveals

Section 21 evictions ban will not be 'immediate' Rayner interview reveals

News

Labour’s deputy leader Angela Rayner has admitted her promise to ban Section 21 ‘no fault’ evictions immediately after a General Election win isn’t quite what it seems.

TOM's Ultimate Guide for landlords, whose tenants can't pay the rent

TOM's Ultimate Guide for landlords, whose tenants can't pay the rent

Information

More than half of landlords have reported having lost some rental income due to their tenants struggling to afford the rent

'Rent rises must be allowed in Scotland or supply will dwindle more'

'Rent rises must be allowed in Scotland or supply will dwindle more'

News

A leading Scots letting agent has warned that unless the Scottish government amends its rent control plans to allow for future increases, the level of investment in the country’s PRS will continue to slide.

Elderly landlord to pay £23,000 after tenant's complaint

Elderly landlord to pay £23,000 after tenant's complaint

News

A rogue landlord has been ordered to pay more than £23,000 after letting out a dilapidated and dangerous house to a family in Camber.

'Labour's plan to devolve power will see rent controls by back door'

'Labour's plan to devolve power will see rent controls by back door'

News

Labour could introduce rent controls via the back door by devolving power to regional and city mayors, a property expert warns.

UK's largest renting trade bodies warn political parties

UK's largest renting trade bodies warn political parties

News

Two of the UK’s biggest trade organisation representing the private rental sector have revealed their concerns over the big political parties’ electoral promises to crack down against landlords.

Major housebuilder switches to renting, not selling homes

Major housebuilder switches to renting, not selling homes

News

Housebuilder Berkeley has announced its ambition to become a big player in the build-to-rent market amid sluggish demand from buyers.

Rent controls do not work and never will, expert warns Labour

Rent controls do not work and never will, expert warns Labour

News

Rent controls are a potential bombshell in Labour’s manifesto that could have unintended consequences, according to one property expert.

8 essential things for prospective landlords to consider before purchasing a buy-to-let

8 essential things for prospective landlords to consider before purchasing a buy-to-let

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It's essential to ensure that property is the right investment vehicle for you and to choose a property and type of let that aligns with your financial objectives.

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Concern mounts over Government's 'weak' leasehold reforms

Concern mounts over Government's 'weak' leasehold reforms

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News
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Government's Leasehold and Freehold Reform Act 2024 excludes flats from new leasehold ban, prompting MPs to call for broader reforms.

Goverment tax grab on landlords prompts a third to go 'limited'

Goverment tax grab on landlords prompts a third to go 'limited'

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News
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A third of landlords who own rental property in their personal name plan to incorporate their portfolio into a limited company structure within the next three years, according to Paragon Bank.

Landlord to pay £8,000 after ignoring 'shed with bed' prohibition order

Landlord to pay £8,000 after ignoring 'shed with bed' prohibition order

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News
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Rogue landlords who assume they can convert outbuildings into ‘sheds with beds’ have been reminded of the likely fines they will face following a shocking case in Hertfordshire.

LATEST: Renting reforms to be within tomorrow's King's Speech

LATEST: Renting reforms to be within tomorrow's King's Speech

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News
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The Prime Minister has confirmed that the Renters Reform Bill will be carried over to the next Parliament, as part of this week’s King’s Speech.

Subletting by tenants on Airbnb now 'growing problem' says NRLA

Subletting by tenants on Airbnb now 'growing problem' says NRLA

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News
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The National Landlords Association (NRLA) has backed claims that the buy-to-let sector faces a significant subletting epidemic following an investigation by a national newspaper.

Can the leasehold system in England be easily changed?

Can the leasehold system in England be easily changed?

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News
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Exploring challenges in overhauling England's leasehold system amid calls for reform and government proposals to shift to commonhold ownership.

Landlord's 'sham' defence fails to avoid licensing fine

Landlord's 'sham' defence fails to avoid licensing fine

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News
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A professional landlord who tried to dodge responsibility for his HMO has been ordered to pay two former tenants more than £10,000.

Edinburgh housing services at breaking point

Edinburgh housing services at breaking point

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News
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Edinburgh councillors have declared a housing emergency in a bid to force Holyrood to boost funding.

Welsh tenants see bigger annual rent rise

Welsh tenants see bigger annual rent rise

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News
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Private tenants in England were most likely to face a rent hike in the last year, while tenants in Wales saw a larger average increase.

Surrey council does U-turn on restrictions for smaller HMOs

Surrey council does U-turn on restrictions for smaller HMOs

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News
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A council in Surrey is getting reading to restrict landlords seeking to convert houses into small HMOs next year.

BOOMING: London luxe rentals that cost £25,000 a week

BOOMING: London luxe rentals that cost £25,000 a week

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News
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London’s super-luxe landlords have seen a big boom in £25,000-a-week rentals as taxation fears have prompted the wealthy to rent rather than buy.

NEW: Labour now has more landlord MPs than Tories

NEW: Labour now has more landlord MPs than Tories

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News
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Three of the top five landlords in parliament are now Labour MPs, including the biggest landlord, new MP Jas Athwal.

Property dealer to pay £700,000 after court case

Property dealer to pay £700,000 after court case

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News
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A property dealer who was involved in dealings with a controversial property investment company, Home Reit, has been ordered by a court to pay £700,000 to an intermediary.

Labour confirms national registration scheme for short lets

Labour confirms national registration scheme for short lets

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News
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A mandatory short-lets registration scheme and tougher planning laws look set to take effect soon in England.

Seasoned landlord apologises over £19,000 licencing error

Seasoned landlord apologises over £19,000 licencing error

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News
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A landlord firm which tried to argue that its agent was responsible for failing to organise an additional HMO licence has been handed a £19,753 rent repayment order.

Booking.com under fire over 'ghost' and 'scam' properties

Booking.com under fire over 'ghost' and 'scam' properties

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News
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A holiday lets platform used by thousands of landlords to generate income has come under fire over ‘ghost’ properties.

'Labour nightmare for landlords! No rent? Well, you can’t evict or sell now'

'Labour nightmare for landlords! No rent? Well, you can’t evict or sell now'

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There is some uncertainty to what it actually means in practice until the details are written down but could the proposed hardship test mean even if your tenants won’t pay their rent, you will not be able to evict them if that makes them homeless or financially disadvantaged?

Big council takes unusual new role 'policing' all privately rented homes

Big council takes unusual new role 'policing' all privately rented homes

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News
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North Yorkshire Council has adopted a new housing enforcement policy to ensure all private rental properties across the county are up to scratch, the first time this has happened.

Tenant remanded in custody after landlord's death

Tenant remanded in custody after landlord's death

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News
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A tenant accused of murdering her landlord and stabbing his cat to death has been remanded in custody.

NEW: 'Dream home' raffle helps tenants pay their rent

NEW: 'Dream home' raffle helps tenants pay their rent

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News
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A property raffle has just handed out another £500,000 to a lucky winner to buy their dream house.

Council slammed for breaking property licencing scheme rules

Council slammed for breaking property licencing scheme rules

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News
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Hackney Council has been called out for continuing to process additional and selective landlord licence applications five months after both schemes ended.

Will the commercial property market revive soon?

Will the commercial property market revive soon?

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News
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The UK commercial real estate sector has faced significant challenges recently due to changing trends, will recent signs of a turnaround continue?

Rogue landlord and agent first to be banned from PRS in Essex

Rogue landlord and agent first to be banned from PRS in Essex

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News
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A rogue landlord and also letting agent who let out grotty and overcrowded properties has been handed the first banning order in Essex.

Number of tenants looking for properties to rent drops 39%

Number of tenants looking for properties to rent drops 39%

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News
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Rental growth has slowed to its lowest level for nearly three years while demand has dropped by 39% during the past 12 months.

Northern city named best BTL hotspot with 13.1% gross yield

Northern city named best BTL hotspot with 13.1% gross yield

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News
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As house prices have risen sharply in recent decades, many had thought that the sub-£100,000 house that returned double-digit gross returns had gone for good.

Scottish rent rises top charts after controls end

Scottish rent rises top charts after controls end

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News
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The Scottish government’s failure to plan for the end of temporary rent controls has led to rents rising faster than in most other parts of the UK.

Generation Rent boss urges landlords to absorb costs

Generation Rent boss urges landlords to absorb costs

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News
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Landlords can bear the brunt of longer notice periods due to charging high rents, according to Generation Rent.

Manx council moves to restrict holiday let growth

Manx council moves to restrict holiday let growth

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News
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An Isle of Man village has become the latest authority to clamp down on the growth in short-term lets.

NEW: Councillors vote through selective licensing and higher fees

NEW: Councillors vote through selective licensing and higher fees

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News
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Burnley councillors have recommended that its three selective licensing schemes covering some 2,000 homes be extended for another five years following a three-month-long consultation. The schemes in Burnley Wood and Healey Wood, along with the Leyland Road area of the town, were

NEW: Royal family make £1.4m a year from holiday lets

NEW: Royal family make £1.4m a year from holiday lets

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News
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The Royal Family could be raking in £118,775 each month from their holiday let portfolio, adding up to a lucrative annual rental income of more than £1.4 million.

3,000 landlords are under 21 years old, reveals finance data

3,000 landlords are under 21 years old, reveals finance data

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News
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Gen Z are rushing to invest in buy-to-let property, with more than 3,000 buy-to-let landlords in the UK now under the age of 21.

Landlord given police caution after assaulting tenant over 'arrears'

Landlord given police caution after assaulting tenant over 'arrears'

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News
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A landlord who reportedly attacked a tenant after he complained about serious disrepairs has been handed a police caution.

Rent controls reduce supply and housing quality, says new report

Rent controls reduce supply and housing quality, says new report

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A new report that evaluates the dozens of rent control schemes implemented over the past 60 years across the world has concluded that overall they are harmful to rental homes supply.

COMMENT: Did you know that tenants can claim compensation over disrepair?

COMMENT: Did you know that tenants can claim compensation over disrepair?

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Tenants can claim compensation from their landlord for repairs that are not done in a reasonable time; repairs that are of bad quality and do not fix things