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Landlords face losses amid soaring mortgage rates

Landlords face losses amid soaring mortgage rates

News

Almost 250,000 BTL landlords face refinancing losses as borrowing rates near 7%, says Daily Telegraph.

Renting reform bill progress unlikely until much later this year, admits minister

Renting reform bill progress unlikely until much later this year, admits minister

News

The Governments Renters Reform Bill is unlikely to make progress through parliament until much later this year, housing minister Rachel Maclean has admitted. Maclean was unable to confirm when the bill would get a second reading during a Q&A with MPs from the Levelling Up

Labour WARNED over claim that 'most renters live in homes owned via mortgages'

Labour WARNED over claim that 'most renters live in homes owned via mortgages'

News

A team of independent fact checkers and campaigners has debunked Labours claims that most renters live in homes bought with a buy-to-let mortgage. Deputy leader Angela Rayner made the assertion last week, but charity Full Fact says the claim is technically incorrect, as it ho

Horrendous overcrowding at dilapidated HMO leads to £17,000 fine for landlord

Horrendous overcrowding at dilapidated HMO leads to £17,000 fine for landlord

News

A letting agency-owning landlord has been fined more than £17,000 for renting out one small room in an HMO to a family of five. Ruhul Shamsuddin and his company Lordsons Estates were found guilty of 23 housing offences relating to a

Bank of England warns landlords face 'impossible position' as rates rise

Bank of England warns landlords face 'impossible position' as rates rise

News

The Bank of England has warned that landlords with mortgages are under increasing strain from higher interest payments and other structural factors, all of which are likely to put pressure on their incomes�. The commentary is within the banks latest https:

Landlord mortgage arrears outstrip home owners' as costs squeeze profitability

Landlord mortgage arrears outstrip home owners' as costs squeeze profitability

News

Landlords arrears are growing at a faster rate than homeowners, according to new research that suggests fewer investors are being shielded from economic headwinds. https://www.octanecapital.co.uk/" Octane Capital found that buy-to-let arrears of more tha

Kerching! Five tenants pocket �29,000 after landlord fails to licence HMO

Kerching! Five tenants pocket �29,000 after landlord fails to licence HMO

News

Five tenants have shared a whopping �29,000 Rent Repayment Order after their landlord failed to licence its HMO. East London-based https://www.facebook.com/weletroomsuk/" We Let Rooms Ltd did not defend itself at a First Tier Property T

Demand for student housing soars as landlords exit sector

Demand for student housing soars as landlords exit sector

News

Corporate student housing giant expands as private HMO landlords exit, amid growing demand for purpose-built student accommodation (PBSA).

Beadle slams claim that landlords will 'game new eviction rules'

Beadle slams claim that landlords will 'game new eviction rules'

News

Landlord leader Ben Beadle has given Shelter a run for its money during a parliamentary committee evidence session on the Renters (Reform) Bill. Beadle, who is chief executive of the National Residential Landlords Association, wondered out loud during the meeting whether campaig

ANALYSIS: How it's a taxing time for landlords...

ANALYSIS: How it's a taxing time for landlords...

News

Changes in tax rules for buy-to-let landlords have definitely made the business of letting property more challenging, particularly with those who have taken on big mortgages to buy their rental properties. The removal of mortgage interest relief (Section 24 of the Finance Act) a

'This is why landlords must approach guaranteed rent schemes with caution'

'This is why landlords must approach guaranteed rent schemes with caution'

News

An Essex landlord has learned the hard way that unpicking rent-to-rent or guaranteed rent agreements can be a lot more difficult than many might believe. In a case handled by the Resolution Department Lead Suzy Hershman (main picture) and her team at

Agency boss to pay £8,000 after terrifying tenant tactics

Agency boss to pay £8,000 after terrifying tenant tactics

News

London letting agent fined £8,000 for misleading tenants and using intimidation tactics; company dissolved.

Landlords write open letter calling out Government's 'attack on property sector'

Landlords write open letter calling out Government's 'attack on property sector'

News

Jerseys private landlords have urged lawmakers to rethink radical plans to shake up the sector which they fear will exacerbate the housing crisis. The Jersey Landlords Association (https://www.jla.je/" JLA ) has

'Give tenants some of your equity gains when you sell' says Big Issue founder

'Give tenants some of your equity gains when you sell' says Big Issue founder

News

Landlords should give renters some of their equity gains when they sell up to stop the giant tenant rip-off, according to https://www.bigissue.com/ The Big Issue boss John Bird (main picture). Bird b

Agents say rent cap has 'forced more landlords to quit and pushed up rents'

Agents say rent cap has 'forced more landlords to quit and pushed up rents'

News

One hundred percent of letting agencies in Scotland say they have seen more landlords exiting the market since the countrys government brought in and then recently-extended a rent rise cap and evictions ban. Agents canvassed by trade organisation Propertymark also reported an

'Landlords to be exempted from council tax premium on empty homes'

'Landlords to be exempted from council tax premium on empty homes'

News

A consultation has opened into proposals not to charge landlords who are preparing a property to let or waiting to find a tenant the empty homes a council tax premium. The government wants to strengthen the existing long-term empty homes premium by applying this to properties th

UK house prices falling, mortgage rates rising but some landlords still buying

UK house prices falling, mortgage rates rising but some landlords still buying

News

UK house prices fell by 3.1pc on an annualised basis in the first quarter (Q1) of 2023 and an increase in interest rates have a dampening effect on the market. Inflationary pressures With inflation currently running at 8.7pc (CPI), this is well above the Bank of Engl

Plans to make Airbnb landlords reach same standards as hotels criticised

Plans to make Airbnb landlords reach same standards as hotels criticised

News

Statutory licensing scheme plans for visitor accommodation in Wales have got the thumbs down from many holiday home owners, short-lets landlords and residents. The proposals, which will see all holiday homes, https://www.landlordzone.co.uk/tag/airbnb-landlords/" target=

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John Lewis tells next Government to take lead on build-to-rent

John Lewis tells next Government to take lead on build-to-rent

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News
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John Lewis has urged future governments to develop a clear national strategy around the need for build-to-rent developments.

Landlord fined for squeezing tenants into illegal HMO

Landlord fined for squeezing tenants into illegal HMO

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News
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A rogue landlord has been ordered to pay more than £23,000 after he admitted operating an unlicensed and unsafe HMO.

'We won't give up' vows pets campaigner as renting reforms axed

'We won't give up' vows pets campaigner as renting reforms axed

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News
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A pet activist has pledged to continue her fight for tenants’ right to keep pets following the demise of the Renters (Reform) Bill.

Total Property launches innovative new platform for mydeposits

Total Property launches innovative new platform for mydeposits

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News
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Leading private rented sector expert, Total Property, has launched an innovative new platform for its mydeposits custodial scheme members this week.

SW landlords invited to join Paul Shamplina live in Bristol

SW landlords invited to join Paul Shamplina live in Bristol

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News
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Landlords in and around Bristol are invited to join TV star Paul Shamplina this Thursday, 30th May for an educational seminar run by leading estate agency Andrews.

Are you? Half of landlords worried about a Labour government

Are you? Half of landlords worried about a Labour government

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News
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More than 40% of landlords are still undecided about who to vote for in the upcoming general election, while nearly half have concerns over a potential change in government.

Gove quits parliament, but what did he do for landlords?

Gove quits parliament, but what did he do for landlords?

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News
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Michal Gove will leave the Department for Levelling Up, Housing and Communities having seen his Leasehold and Freehold Reform Bill make it onto the statute book.

Landlord banned for three years from renting properties

Landlord banned for three years from renting properties

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News
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A rogue landlord who let his tenant sleep in a bike store and rented out a crumbling property has been banned from letting houses in England for three years.

Tribunal publishes decision in dispute between tenant and agent

Tribunal publishes decision in dispute between tenant and agent

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News
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A letting agent investigated by the BBC following complaints about the management of a student HMO in Salford has lost his appeal against expulsion from his industry’s trade association.

NEW: Student accommodation now most popular investment among landlords

NEW: Student accommodation now most popular investment among landlords

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News
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Universities are a key driver of BTL activity and lending as more landlords choose to invest in areas with large student populations.

Tenant hospitalised 'indefinitely' after admitting landlord's murder

Tenant hospitalised 'indefinitely' after admitting landlord's murder

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News
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A former tenant who murdered her landlord and stabbed his cat to death has been given an indefinite hospital order.

Rogue gas-fitter jailed over dangerous work at property

Rogue gas-fitter jailed over dangerous work at property

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News
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Antony Clifton, 52, was sentenced to 46 weeks in custody after he carried out the work while falsely claiming to be a member of the Gas Safe Register

Big Northern council takes another step towards HMO restrictions

Big Northern council takes another step towards HMO restrictions

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News
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County Durham hopes to restrict HMO conversions across the county amid fears that rising numbers are impacting communities.

Elderly and problem tenants rehomed as landlord celebrates “success” in selling 5 buy–to–lets

Elderly and problem tenants rehomed as landlord celebrates “success” in selling 5 buy–to–lets

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Landlord Sales Agency turned tough landlord sales around fast. Five tricky properties sold in under 28 days.

MPs call for 'ban' on landlords demanding guarantors

MPs call for 'ban' on landlords demanding guarantors

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News
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MPs are continuing to push the government to prevent landlords from making guarantor requests.

BTR 'not more expensive than private landlord properties' - CLAIM

BTR 'not more expensive than private landlord properties' - CLAIM

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News
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New figures have busted the myth that build-to-rent (BTR) homes are pricier than the PRS for many tenants.

Many lettings agents 'unprepared for renting reforms'

Many lettings agents 'unprepared for renting reforms'

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News
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A surprising number of lettings agents are in the dark about the reforms set to transform the sector under the Renters’ Rights Bill.

Tenants dig deep to raise funds for major homelessness charity

Tenants dig deep to raise funds for major homelessness charity

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News
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mydeposits’ Total Property platform has raised a staggering £300,000 for youth homelessness charity Centrepoint since its launch last May.

Extraordinary revival in buy-to-let borrowing revealed

Extraordinary revival in buy-to-let borrowing revealed

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News
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New official buy-to-let lending figures have revealed an extraordinary revival in the landlord market.

Council chief slams landlords who 'take advantage of low housing supply'

Council chief slams landlords who 'take advantage of low housing supply'

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News
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Comments are made after landlords in the city is ordered to pay £10,000 after ignoring HMO licensing conditions for a property.

Landlord who joked about evading licensing must pay tenants £17,500

Landlord who joked about evading licensing must pay tenants £17,500

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News
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A landlord who asked his tenants to only shower once a week and limit cooking to light meals has been landed with a £17,574 Rent Repayment Order.

New shadow housing secretary James Cleverly has landlord track record

New shadow housing secretary James Cleverly has landlord track record

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News
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The private rented sector now has a new champion for their sector in the form of James Cleverly, who has been appointed shadow secretary for housing.

Labour warned renting reforms will do 'more harm than good'

Labour warned renting reforms will do 'more harm than good'

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News
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Comments made by Conservative housing spokesperson in Lords as Renters' Rights Bill nears becoming law.

Landlords win latest round in long-running licensing battle

Landlords win latest round in long-running licensing battle

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News
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Luton Council is to face yet another legal challenge in its attempt to introduce a long-delayed selective licensing scheme.

Landlord slams council for 'unfair' approach to licensing fees

Landlord slams council for 'unfair' approach to licensing fees

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News
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Benefits landlord Mick Roberts has slammed Nottingham Council for its inflexible stance on licensing fees for homes he’s trying to sell.

Councils to get “snap inspection” powers to check your property

Councils to get “snap inspection” powers to check your property

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News
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The government is to hand councils the power to carry out secret inspections on private rental properties

Landlords accused of trying to 'sabotage' rent control plans

Landlords accused of trying to 'sabotage' rent control plans

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News
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Tenants in Scotland have been told to fight back against private landlords by urging MSPs to keep their commitment to robust rent controls.

Campaigners call for complete overhaul of tenant deposits system

Campaigners call for complete overhaul of tenant deposits system

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News
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Generation Rent has called for a complete overhaul of the deposit system amid claims that it is failing renters and lining landlords’ pockets.

Yet another council says HMOs 'magnets for crime and bad behaviour'

Yet another council says HMOs 'magnets for crime and bad behaviour'

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News
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One councillor's 'slum' comments have spurred several industry figures to fight back against poor perception of HMOs.

Leading figures slam delays faced by landlords using County Courts to evict

Leading figures slam delays faced by landlords using County Courts to evict

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News
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Law Society chief and evictions expert say reforms are too late, too little and won't reduce evictions case backlog.

Proactive council helps at-risk tenants find homes

Proactive council helps at-risk tenants find homes

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News
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A council-run scheme to help people facing homelessness access private rented homes is proving a success.

Landlords face uncertainty amid evolving rental policies

Landlords face uncertainty amid evolving rental policies

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News
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Total Property sponsored the Landlord Investment Show, highlighting landlord concerns over the government's removal of pet protections in rental laws,

Stop 'destructive' interfering in Scottish PRS says agent

Stop 'destructive' interfering in Scottish PRS says agent

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Scotland’s new Housing Secretary has been warned not to push rent controls over housing growth.

Paul Shamplina wants landlords for knock-out boxing event

Paul Shamplina wants landlords for knock-out boxing event

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News
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Landlords in the North East are being urged to sign up for charity boxing event, Rumble with the Agents.