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Collapse of firms behind student accommodation scheme blamed on 'over-supply'

Collapse of firms behind student accommodation scheme blamed on 'over-supply'

News

Millions owed to a lender by businesses which collapsed due to the oversupply of student accommodation in Newcastle are unlikely to be recovered.

PLANNING: Will this soon be Britain's biggest-ever HMO?

PLANNING: Will this soon be Britain's biggest-ever HMO?

News

A private landlord in Kent has submitted plans for what will be the UK’s largest HMO if the scheme gets the go-ahead.

RESEARCH: Smaller properties offering best yields to landlords

RESEARCH: Smaller properties offering best yields to landlords

News

Flats and smaller houses make the best buy-to-let investment for landlords, having seen the strongest annual increase in average yield compared with other property types during the past 12 months.

'Pension funds and investment firms will be tomorrow's landlords'

'Pension funds and investment firms will be tomorrow's landlords'

News

Traditional private landlords are rapidly being replaced by pension funds and private equity firms seeking to capitalise on the lucrative build-to-rent sector.

Scandal hit social housing REIT winding down

Scandal hit social housing REIT winding down

News

Home REIT, the investment trust marketed as the dream scheme to house 10,000 homeless and needy tenants, and a sure-fire investment alternative in property, is folding with extensive debts and legal claims

'HMOs do not deny homes to families and first time buyers'

'HMOs do not deny homes to families and first time buyers'

News

A councillor in the North of England has pushed back against unlikely claims that large firms operating HMOs are ‘taking away his town’s family homes’.

ADVICE: '5 simple steps to take your property portfolio to the next level'

ADVICE: '5 simple steps to take your property portfolio to the next level'

Information

Looking to boost your property portfolio? Below are the five factors you must consider before your next property purchase.

Tribunal slams 'reprehensible' landlord who illegally evicted nurse

Tribunal slams 'reprehensible' landlord who illegally evicted nurse

News

A landlord who sub-let an unlicensed HMO, failed to pay thousands of pounds in rent to the owner and illegally evicted a tenant has been handed a £4,872 rent repayment order.

Planners green light first rental homes from John Lewis

Planners green light first rental homes from John Lewis

News

John Lewis has finally received the green light to begin its transformation into a build-to-rent landlord after Bromley Council approved its plans for 353 rental homes.

AI firm launches that pairs up tenants with ideal rental properties

AI firm launches that pairs up tenants with ideal rental properties

News

A new tech start-up using AI to pair tenants with the most suitable rented homes has been launched.

Former minister who ushered in unpopular 'evictions ban' seeks Tory leadership

Former minister who ushered in unpopular 'evictions ban' seeks Tory leadership

News

Former housing secretary Robert Jenrick who brought in the controversial 'evictions ban' during Covid has joined the Conservative party leadership race.

EXCLUSIVE: Senior figures slam ongoing court delays for landlords

EXCLUSIVE: Senior figures slam ongoing court delays for landlords

News

Two leading figures from the private rented sector have slammed the ongoing nightmare many landlords are facing when waiting for evictions to pass through the courts.

Shelter calls for radical changes for landlords, but will Labour listen?

Shelter calls for radical changes for landlords, but will Labour listen?

News

Shelter has called for indefinite tenancies as well as rent increases restricted to once a year and limited to a rise either in line with inflation or wage growth. 

Is Labour about to give councils full powers to licence landlords?

Is Labour about to give councils full powers to licence landlords?

News

Housing minister Matthew Pennycook has hinted heavily that councils will be given powers to introduce large licencing schemes without his approval as part of Labour’s push for greater devolution.

REVEALED: Real cost of making a property energy efficient

REVEALED: Real cost of making a property energy efficient

News

While the new Labour government has talked about making rented homes more energy efficient, one company has shone a light on how much it will cost landlords to achieve it.

Lettings agency chiefs call for minimum property standards

Lettings agency chiefs call for minimum property standards

News

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

News

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.

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Labour confirms plan to force landlords to lease out shops

Labour confirms plan to force landlords to lease out shops

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News
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Labour has confirmed that it will compel landlords of high street shops to rent out their premises if they stand empty for too long.

NRLA launches renters’ rights course nationwide

NRLA launches renters’ rights course nationwide

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NRLA launches Renters’ Rights course to help landlords navigate new laws, including Section 21 abolition and enhanced tenant protections.

Early signs of a turnaround in commercial property demand

Early signs of a turnaround in commercial property demand

News
News
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Commercial property has been hit hard over the Covid period. Rightmove, with its copious amounts of data, has identified something of a turnaround

Landlord and former estate agent becomes shadow housing secretary

Landlord and former estate agent becomes shadow housing secretary

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News
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A former estate agent who founded one of the UK’s largest property firms has been named by Kemi Badenoch as shadow housing secretary.

Government reveals intiative to build 3,000 rented homes

Government reveals intiative to build 3,000 rented homes

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News
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The Government is to become a significant provider of affordable private sector rental homes with plans to build some 3,000 units under a new name, Habiko.

Landlord pays a high price after forgetting to chase up licence

Landlord pays a high price after forgetting to chase up licence

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News
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A landlord who forgot to chase up a licencing application for her rented property in London has paid a heavy price for her mistake after being ordered to return rent totalling £11,245 to her tenants.

Property licencing schemes should last for ten years, MPs are told

Property licencing schemes should last for ten years, MPs are told

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News
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Information

Comment has been made the Chartered Institue of Health Officers, which says such schemes should be the key tool for improving PRS home quality.

No change to CGT - but four landlords say 'we’re out!'

No change to CGT - but four landlords say 'we’re out!'

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News
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Despite the overall good news, many landlords have remained in brace position and have reached out to exit the market and sell their buy-to-lets.

Stamp duty increase 'will reduce investment in private rented sector'

Stamp duty increase 'will reduce investment in private rented sector'

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News
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Property auctioneers gave revealed its concerns about the Chancellor’s decision to raise Stamp Duty for those who purchase buy-to-let properties.

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

News
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

News
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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News
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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?

Information
News
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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

EXPERT: 'Now is the time to convert from commercial to residential'

EXPERT: 'Now is the time to convert from commercial to residential'

News
News
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There’s never been a better time for landlords to convert a commercial building to residential use, according to a leading architect.

'Dont be afraid of the future' Zoopla boss tells landlords

'Dont be afraid of the future' Zoopla boss tells landlords

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News
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Zoopla boss Richard Donnell has urged landlords and investors to steer clear of misinformation about the PRS and focus on the positives.

Landlord's rental properties seized in UK regulation 'first'

Landlord's rental properties seized in UK regulation 'first'

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News
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A rogue landlord who persistently failed to license several rented properties has had them seized by Merton Council in one of the first actions of its kind in the country.

Sadiq Khan goes quiet on rent controls after Labour 'slap down'

Sadiq Khan goes quiet on rent controls after Labour 'slap down'

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News
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London Mayor Sadiq Khan has been slapped down by Labour’s national leadership after asking to be given rent control powers, it has been reported.

Coventry to extend HMO licencing for five years

Coventry to extend HMO licencing for five years

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News
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Coventry councillors look set to give the go-ahead to extending the city’s additional licensing scheme, raising the fee for a five-year licence from £840 to £916.

Potential buyer reports landlord to council over illegal HMO

Potential buyer reports landlord to council over illegal HMO

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News
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A landlord renting out an unlicensed HMO was caught out when a prospective buyer reported her to the council.

REVEALED: £10k cost of getting rental properties up to Labour's new EPC minimum

REVEALED: £10k cost of getting rental properties up to Labour's new EPC minimum

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News
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Private landlords face an average bill of £10,000 to hit government EPC C targets by 2030, according to new research.

City's selective licensing to generate £7.7 million for council

City's selective licensing to generate £7.7 million for council

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News
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The City of Peterborough says it has received selective licencing applications for three quarters of the properties due to be included in the ten-ward scheme, with a deadline for the completion of applications due at the end of November.

Lobby group launches to fight Scotland's rent controls

Lobby group launches to fight Scotland's rent controls

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News
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A new private rented sector lobbying group hopes to convince the Scottish government to temper its plans for permanent rent controls under the Housing (Scotland) Bill.

Landlords warned after deposits court case stops eviction

Landlords warned after deposits court case stops eviction

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News
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An appeal judge has backed a tenant’s argument that serving prescribed information before the deposit is paid isn’t valid, meaning their eviction cannot go ahead.

REVEALED: Where landlords wait longest and shortest to find tenants

REVEALED: Where landlords wait longest and shortest to find tenants

News
News
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Information

Gloucester was the fastest moving rental market last month where the average property was let within 14 days of being advertised.

NRLA warns rent controls would 'not benefit tenants' in long run

NRLA warns rent controls would 'not benefit tenants' in long run

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News
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Trade association the NRLA has warned that rent controls would prompt a third of landlords to sell up if they were introduced in England.

Big build-to-rent firm in trouble over 'misleading consumers'

Big build-to-rent firm in trouble over 'misleading consumers'

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News
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Build-to-rent developer Quintain Living has had its knuckles rapped for wrongly suggesting tenants could make big energy bill savings, get free WiFi and work from home areas.

Big building society follows other BTL lenders and cuts rates

Big building society follows other BTL lenders and cuts rates

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News
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Leeds Building Society cuts BTL mortgage rates after BoE’s base rate falls from 5.25% to 5%, offering landlords more competitive deals.

Tory policies blamed for rise in costly student housing

Tory policies blamed for rise in costly student housing

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News
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Exiting student landlords have paved the way for PBSA developers charging higher rents, according to The FT.