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
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
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
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
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
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
In this episode of The Property Cast, we discuss how landlords and agents can stay on top of their legal obligations. Landlords now have to meet 168 rules and regulations to let a property legally, but what are the latest legislative updates that landlords and agents need to kno
The Property Cast returns for 2022 and our first episode discusses what the Governments strategy is to achieve decarbonization of the private rented sector? What is the NRLA doing to support landlords? And what do landlords need to know? Eddie and Paul are joined by CEO of th
With inflation now into double figures, with all the financial shenanigans over the mini budget, the 10 year risk free bond yield at around 5 percent, its sending mortgages rates above 6 per cent, so how low will house prices go? It seems inevitable prices will fall, but by h
A prominent landlord in the North East has told the BBCs Newsnight programme that unless variable mortgage rates reduce he will have to start handing the keys back to the ten or so properties within his portfolio. <figure id="" class="w-richtext-figure-type- " data-rt-type="" da
Outspoken landlord Tina Knight has incurred the wrath of social media users by outlining the sectors eviction headaches on Good Morning Britain. She told presenters Susanna Reid and Richard Madeley that tenants have too much power and described some landlords
The Newcastle headquartered firm Greggs has won an initial High Court ruling in a �150m Covid related case against the insurance company, Zurich. Greggs claim was over its business interruption insurance with Zurich in which the firm claims it is due monetary compensation fo
London mayor Sadiq Khan says families would save about �3,000 during the next two years if he was given the power to freeze rents in the capital. We are asking government to give us the powers to have rent controls,� he toldhttps://www.bbc.co.uk/iplayer/episode/m0
Chancellor Jeremy Hunt has announced that the government will reverse almost all the tax measures announced in its recent growth plan. While it will still go ahead with cutting stamp duty, a planned 1p cut to the basic rate of income tax will now be shelved indefinitely� wh
The Renters Reform Bill will be introduced during the current parliamentary session, the Secretary of State for Levelling Up, Housing and Communities has told MPs. <figure id="" class="w-richtext-figure-type- " data-rt-type="" data-rt-align=""><div><img src="https://uploads-ssl.webflow.c
This case highlights the dangers of responding to emails (phishing schemes) and social media appeals promising tax rebates and otherwise ways of receiving large pay outs in return for information. Four men were arrested in a coordinated operation across England by over 50 office
The new Chancellor and former Health Secretary Jeremy Hunt has been tasked with sorting out the Kwamiikaze mini budget introduced by his predecessor, who holds the dubious gong of having the 2nd shortest tenure in the job ever. Hunt, who has made two weak
Demand for shared rooms is at an all-time high, while supply has hit a nine-year low, according to flat share site SpareRoom. The shocking figures have also led to average monthly room rents reaching record highs and increasing across every UK region in Q3 2022; Scotland is up 2
Mortgage brokers around the UK have reported a big rise in tenants being given first refusal to buy their rental property as more amateur landlords head for the exit. <figure id="" class="w-richtext-figure-type- " data-rt-type="" data-rt-align=""><div><img src="https://uploads-ssl.webflo
HMO landlords and their tenants will both miss out on the �150 Council Tax Energy Rebate payment, the Department for Levelling Up, Housing and Communities (DLUHC) has announced. <figure id="" class="w-richtext-figure-type- " data-rt-type="" data-rt-align=""><div><img src="https://upload
The UKs Prime Minister Lizz Truss has named Simon Clarke as her Levelling Up, Housing and Communities secretary of state following her confirmation as Prime Minster. Truss, who won 57.4% of the Conservative Party membership vote to get the job, had previously been rumoured to
John Blackwood , (pictured) Chief Executive of the Scottish Association of Landlords (https://scottishlandlords.com/" target="_blank" SAL ), has warned of dire repercussions for the private rented sector is his country's Governm
Sturgeon announces national rent freeze & eviction ban in Scotland emergency legislation—set to run until end‑March (tenant protection). Sour
The https://www.gov.uk/government/organisations/department-for-levelling-up-housing-and-communities" Department for Levelling Up, Housing & Communities (DLUHC) has dismissed concerns from HMO student landlords that its plans to bring in periodic tenancies will damage
One of the main tasks you have as a landlord is finding quality tradespeople to repair and maintain your rental properties. Whether its a big landscaping project, or a small leak its important to hire people who know what theyre doing. Unfortunately for many landl
More than 5,000 leaseholders including landlords could get refunds on their ground rent after the Competition and Markets Authority (CMA) secured assurances from nine firms that bought freeholds from housing developer Taylor Wimpey. Those leaseholders who paid a doubled
More councils are set to introduce Article 4 directions in a bid to clamp down on HMO development, with six currently waiting for approval. There are already about 45 local authorities in England partly or entirely affected by Article 4 which means planning permission is nee
A new poster campaign on the London Underground is urging travellers to report dodgy landlords.
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.
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.
Labour’s rental reforms, has Labour's Rental Charter have they been watered down in the King's speech?
Landlords in the London borough face paying an extra £174 for an additional HMO licence if plans get the green light.
The Welsh government has been warned it risks reducing the supply of student accommodation if changes to tax reliefs are introduced.
Fewer than 17,500 purpose-built student beds are expected to be added in the coming academic year, representing only 0.6% growth.
The new Labour government won’t wait to improve the court system before abolishing Section 21, predicts a top property lawyer.
Nearly 200,000 private renters haven’t had their deposits protected under an authorised scheme, according to new government data.
Property experts have warned that Labour’s promise to finish the job of ending the “feudal” leasehold system could complicate leaseholders’ situation.
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.
A Midlands council is on an unusual mission to get more students living in purpose-built student accommodation (PBSA) instead of traditional HMOs.
This morning’s King’s Speech to a packed House of Lords has revealed Labour’s radical plans for landlords, letting agents and tenants.
Keen thirty-something investors have helped to lower the average age of private landlords by four years over the last decade.
The number of former rental properties currently for sale has risen dramatically as more landlords exit the market or downsize.
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.
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
Brighton & Hove Council is to ask the government if it can start licensing short-term lets in a bid to combat their impact on local communities.
A charity is looking to reboot its campaign urging the public and MPs to support reforms around keeping pets in rental properties.
Exceptional growth in the build-to-rent (BTR) sector has pushed completions to a record high during the past 12 months.
Local councils across the UK have been offering private landlords sweet deals for some time now to help solve the housing crisis, but one borough council is offering one that goes the extra mile.
Landlords in Greater Manchester are being asked to help mould the city region’s new Good Landlord Charter, designed to improve renting.
Lloyds Banking Group is making another foray into the housing sector by turning its former office buildings into affordable homes.
There are a number of ways you can support renters who have fallen behind on their rent. NRLA trainer and debt expert Julie Ford explains more.
Polling by build-to-rent (BTR) landlord UNCLE shows that 32% of those it polled who were between 18 and 24 years old said they ‘chose to rent’ rather than being compelled to by the housing market, while the figure was 31% for those between 25 and 34 years old.
