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Big portfolio landlord to pay tenants £15,000 over missing licence

Big portfolio landlord to pay tenants £15,000 over missing licence

News

A very big portfolio landlord has been ordered to pay £15,290 to former tenants after it failed to license one of its 750 properties.

Landlords to pay back rent if they ignore tenant complaints

Landlords to pay back rent if they ignore tenant complaints

News

Landlords may soon have to repay up to two years rents to tenants if they fail to comply with decisions with the sector’s looming new ombudsman.

'Private rented sector better than council housing, let's not forget'

'Private rented sector better than council housing, let's not forget'

News

The government must focus on sustaining a vibrant PRS and not “hark back to the wonders of the 1970s with social housing and council housing…as being a really great thing,” warns NRLA boss Ben Beadle.

Labour's 'anti-landlord' stance will hurt benefits tenants, warns Mick Roberts

Labour's 'anti-landlord' stance will hurt benefits tenants, warns Mick Roberts

News

Benefits landlord Mick Roberts is losing patience with MPs whose continued ‘anti-landlord’ policies have only made more people homeless and increased rents.

Big law firm reports landlords 'rushing to liquidate assets'

Big law firm reports landlords 'rushing to liquidate assets'

News

Landlords and businesses are rushing to transfer and liquidate assets ahead of a potential Capital Gains Tax hike in next week’s budget.

'This is why I've sold nearly half my portfolio', landlord tells BBC show

'This is why I've sold nearly half my portfolio', landlord tells BBC show

News

A landlord who used to have a property portfolio of 100 homes has told the BBC that multiple pressures on the sector including looming regulations, higher interest rates and costs have persuaded him to cut his portfolio down to 65 units.

Student landlord group warns Labour over banning fixed-term tenancies

Student landlord group warns Labour over banning fixed-term tenancies

News

A group of student accommodation landlords have warned the Government that its plans to dispense with fixed-term tenancies and move to open ended ones will lead to fewer providers and homes within this market.

North East delivers 'strongest yields' for landlords in UK

North East delivers 'strongest yields' for landlords in UK

News

Landlords in the North East are pocketing the highest rental yields in the UK, according to Paragon Bank’s latest lending data.

23% more landlords rush to adopt limited company operations

23% more landlords rush to adopt limited company operations

News

Hamptons reports that 46,449 companies have been set up to hold buy-to-let property in Great Britain between January and September, a 23% increase on the same period last year.

What expenses can I claim for my rental property?

What expenses can I claim for my rental property?

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To maximise your profits as a landlord, it's crucial to minimise your tax liability by claiming all allowable expenses.

Leading figures call for Government to embrace private landlords

Leading figures call for Government to embrace private landlords

News

A group of high-profile housing leaders, lawyers and economists have urged the Government to include private landlords within its plans to solve the housing crisis, instead of casting them as the villains of the piece.

The great British shopping revival, could the exodus be reversing?

The great British shopping revival, could the exodus be reversing?

News

The British High Street has been in decline for some years now, but could it be that there are signs of a revival?

Landlord reveals nightmare of illegal holiday let tenants

Landlord reveals nightmare of illegal holiday let tenants

News

A landlord fears neighbours may force him out for breaking lease conditions due to rogue renters illegally sub-letting his flat.

EXCLUSIVE: Welsh Government says landlords 'will get retrofit cash'

EXCLUSIVE: Welsh Government says landlords 'will get retrofit cash'

News

Private landlords have been excluded from a new government Welsh government initiative that funds retrofit advice in residential properties and hands out interest-free loans for energy efficiency improvements.

Council sends out inspectors on foot to check selective licencing

Council sends out inspectors on foot to check selective licencing

News

Inspectors employed by a big London borough have started knocking on doors around Wembley to check whether landlords have a selective licence.

Landlord fined £50,000 over 'house of horrors' rental

Landlord fined £50,000 over 'house of horrors' rental

News

A landlord in Wembley, North London has been fined £49,500 after a court heard that he rented out a five-bedroom two-storey unlicenced house in very poor condition to eight people including two children.

Chancellor to leave BTL landlords alone in budget, claims report

Chancellor to leave BTL landlords alone in budget, claims report

News

The Chancellor is expected to leave the rate of capital gains tax (CGT) on the sale of second homes and buy-to-let properties untouched amid concerns that increasing it would cost money.

Tribunal system woefully unprepared for Labour's rent rise appeal plans

Tribunal system woefully unprepared for Labour's rent rise appeal plans

News

England’s overburdened tribunal system is ill-equipped to handle the potential influx of new claims from the Renters’ Rights Bill, according to proptech firm Reapit.

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BLOG: Will the looming 'pets in lets' rules prove pervasive?

BLOG: Will the looming 'pets in lets' rules prove pervasive?

News
News
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In the third in a series of blogs for&nbsp;LandlordZONE&nbsp; on rental reform,&nbsp;Sean Hooker , Head of Redress at the&nbsp;https://www.theprs.co.uk/" <em

AGENT: London rental market to be 'most competitive ever' this summer

AGENT: London rental market to be 'most competitive ever' this summer

News
News
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Opinion
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Prospective tenants flooding into London this summer along with the continued shrinkage in property numbers is set to create one of the most competitive rental markets ever seen. May bank holiday is when many 12-month and 18-month tenancies come to an end, explains Adam

OPINION: Rental Reform '� will it work in England?

OPINION: Rental Reform '� will it work in England?

Opinion
News
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Across the UK nations theres been a rolling programme of rental reform, one new tenancy regime after another, but has any of this really worked for the benefit of tenants or landlords? We dont yet know the final form the Renters (Reform) Bill will take, theres a long wa

New Property Portal will be 'gold mine' for HMRC snooping, warns lawyer

New Property Portal will be 'gold mine' for HMRC snooping, warns lawyer

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News
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A law firm has warned that the looming property portal will be a gold mine for tax investigators who are likely to focus on accidental landlords rather than rogue operators. The new landlord database proposed by the Renters (Reform) Bill could expose those landlords who may - p

EPCs: Leading mortgage lender to help landlords upgrade properties

EPCs: Leading mortgage lender to help landlords upgrade properties

News
News
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A new Home Energy Efficiency Tool promises to help landlords and homeowners make their homes more energy efficient and reduce bills. The Nationwide Building Society initiative aims to provide information about their current energy use and will then outline the cost, energy or ca

EXCLUSIVE: Evictions halted as bailiffs down tools over safety concerns

EXCLUSIVE: Evictions halted as bailiffs down tools over safety concerns

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News
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Landlords face even longer waits than normal to evict tenants in London after two big landlords were told that bailiff operations are to be suspended for the foreseeable future. This unusual situation has been blamed by officials on now confirmed health and safety reaso

'Reform bill misses point - we need more affordable rented homes, not regulation'

'Reform bill misses point - we need more affordable rented homes, not regulation'

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News
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Rent reforms wont work until the real problem of affordable housing waiting lists is addressed, according to leading property expert Kate Faulkner. Although MPs are focusing on the PRS, the housing crisis is nothing to do with the private sector, believes Faulkner, who sugges

NAMED: Where landlords will face hottest competition from Build to Rent

NAMED: Where landlords will face hottest competition from Build to Rent

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News
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Traditional landlords in the Midlands face growing competition as the region looks set to witness a big expansion in the build-to-rent sector. Birmingham led the way nationally in 2021, according to JLL, which reports that of the pipeline of 50,000 BTR homes outside London, 11,3

Lenders pull BTR mortgages as Bank of England threatens more rate rises

Lenders pull BTR mortgages as Bank of England threatens more rate rises

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News
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Landlords have increasingly fewer BTL mortgages to choose from as lenders withdraw products amid a rise in average fixed rates. Moneyfacts reports that since the beginning of last week, the number available has dropped from 2,748 deals to 2,343 while the average rate on two- and

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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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.

Panic selling as landlords fear capital gains tax raid

Panic selling as landlords fear capital gains tax raid

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News
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Chancellor of the Exchequer Rachel Reeves refusing to rule out a swinging increase in capital gains tax (CGT) for landlords

Report shows 11% of tenants paying 60% of their income as rent

Report shows 11% of tenants paying 60% of their income as rent

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News
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A new report based on data from 46,000 renters reveals shocking data on how much they are spending on their rent.

Big boiler manufacturer promises not to repeat 'greenwashing' claims

Big boiler manufacturer promises not to repeat 'greenwashing' claims

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News
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One of the UK’s biggest gas boiler manufacturers used by millions of landlords has promised not to ‘greenwash’ its part-hydrogen fuelled boilers.

How many laws must landlords adhere to, asks legal expert

How many laws must landlords adhere to, asks legal expert

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News
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Law-savvy landlords are being asked to help compile a definitive list of legislation impacting the PRS.

No.10 cat 'backs' mandatory pet damage insurance campaign

No.10 cat 'backs' mandatory pet damage insurance campaign

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News
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Larry the Number 10 cat has backed a charity’s campaign to change the law allowing tenants to keep pets.

Hardship test “bombshell” for landlords

Hardship test “bombshell” for landlords

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News
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Labour’s housing minister Matthew Pennycook is said to be planning a “hardship test”

New minister says transfer from housing benefit to Universal Credit 'smooth' but expert disagrees

New minister says transfer from housing benefit to Universal Credit 'smooth' but expert disagrees

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News
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Claims by the new Department of Work and Pensions (DWP) minister of state Stephen Timms that the transfer of remaining housing benefit claimants to Universal Credit is being done ‘as smoothly as possible’ have been questioned by a leading expert.

Landlord fined £10,000 over failure to do £169 safety check

Landlord fined £10,000 over failure to do £169 safety check

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News
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Booking in a five-yearly Electrical Safety Installation Certificate (ESIC) check for your rented property often seems like one of the plethora of minor tasks on the ‘to do’ list.

Higher BTL repossessions making rental shortage worse says Law Society

Higher BTL repossessions making rental shortage worse says Law Society

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News
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An increase in buy-to-let repossessions is exacerbating the rental supply shortage and leaving evicted families without legal aid needed to fight their case.

'We're seeing mostly older landlords selling up' says agency boss

'We're seeing mostly older landlords selling up' says agency boss

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News
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An exodus of older landlords is paving the way for build-to-rent investors and younger landlords looking to capitalise on higher yield properties, according to a big estate agency boss.

Landlord property repossessions continue upward trajectory

Landlord property repossessions continue upward trajectory

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News
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At least 710 buy-to-let mortgaged properties were repossessed in the second quarter of the year, 13% up on the previous quarter and 51% up year-on-year.

OpenRent and Rightmove's 'war of words' ends with new deal

OpenRent and Rightmove's 'war of words' ends with new deal

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News
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Online lettings firm OpenRent and Rightmove have signed a new property listings deal after several weeks of corporate brinkmanship over fees.

COURTS: Time to evict a tenant jumps 15% to 25 weeks

COURTS: Time to evict a tenant jumps 15% to 25 weeks

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News
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The average time from claim to landlord repossession has jumped to 25.4 weeks, up from 22.1 weeks in the same period in 2023, according to the latest government figures.

'Supply of rented property thinning out, and Labour's not helping'

'Supply of rented property thinning out, and Labour's not helping'

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News
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Gloomy letting agents have reported a fall-off in private rentals coming onto the market around the country.

How to turn non-profitable headache portfolios into slick, high profit machines again

How to turn non-profitable headache portfolios into slick, high profit machines again

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Landlord Sales Agency has been touted as the UK’s best company for landlords to go to who are looking to increase the profits of their property portfolios.

Reeves dodges ruling out CGT increases for landlords

Reeves dodges ruling out CGT increases for landlords

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News
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Chancellor of the Exchequer Rachel Reeves has refused to rule out increasing capital gains tax for landlords selling their rental properties during interview with a US business TV channel.

London's high rents causing big problems for recruiters

London's high rents causing big problems for recruiters

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A business consultancy has warned that London’s high rents mean many companies in the capital are struggling to recruit staff as younger jobseekers look for employment elsewhere in order to access lower-cost homes.

Protesters strike again as cash-strapped council disposes of properties

Protesters strike again as cash-strapped council disposes of properties

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Cash strapped Somerset Council has County Hall vandalised for fourth time...