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London rents rise faster than inflation to �1,499 a month as tenants fight over flats

London rents rise faster than inflation to �1,499 a month as tenants fight over flats

News

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

LATEST: 'Rishi' effect kicks in as mortgage rates begin to reduce

LATEST: 'Rishi' effect kicks in as mortgage rates begin to reduce

News

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

City to fine landlords up to �5,000 for failing to attain EPC E rating for properties

City to fine landlords up to �5,000 for failing to attain EPC E rating for properties

News

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

Navigating soaring energy bills and the cost of living crisis - Property podcast - Total Landlord Insurance

Navigating soaring energy bills and the cost of living crisis - Property podcast - Total Landlord Insurance

Podcast

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

Legislation: What do landlords and agents need to know?

Legislation: What do landlords and agents need to know?

Podcast

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

Decarbonising the rented sector - what do landlords need to know?

Decarbonising the rented sector - what do landlords need to know?

Podcast

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

House prices soared 14% in the last 12 months, how far will they fall?

House prices soared 14% in the last 12 months, how far will they fall?

News

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

Prominent landlord tells BBC how his mortgage payments now outstrip rental income

Prominent landlord tells BBC how his mortgage payments now outstrip rental income

News

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

Landlord slammed for 'telling truth' about evictions on Good Morning Britain

Landlord slammed for 'telling truth' about evictions on Good Morning Britain

News

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

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Enfield HMO landlords face licence fee hike

Enfield HMO landlords face licence fee hike

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Landlords in the London borough face paying an extra £174 for an additional HMO licence if plans get the green light.

Welsh tax grab plans could hammer PRS investment

Welsh tax grab plans could hammer PRS investment

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News
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The Welsh government has been warned it risks reducing the supply of student accommodation if changes to tax reliefs are introduced.

Higher costs curb new student home building

Higher costs curb new student home building

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News
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Fewer than 17,500 purpose-built student beds are expected to be added in the coming academic year, representing only 0.6% growth.

Labour’s Renters' Rights Bill to abolish section 21 in 2025

Labour’s Renters' Rights Bill to abolish section 21 in 2025

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News
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The new Labour government won’t wait to improve the court system before abolishing Section 21, predicts a top property lawyer.

SHOCK: Official survey reveals 19% of tenant deposits not protected

SHOCK: Official survey reveals 19% of tenant deposits not protected

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News
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Nearly 200,000 private renters haven’t had their deposits protected under an authorised scheme, according to new government data.

Banning leasehold flat sales 'will cause problems' warn experts

Banning leasehold flat sales 'will cause problems' warn experts

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News
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Property experts have warned that Labour’s promise to finish the job of ending the “feudal” leasehold system could complicate leaseholders’ situation.

Big lender changes mortgage T&Cs to allow Airbnb lets during void periods

Big lender changes mortgage T&Cs to allow Airbnb lets during void periods

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News
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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.

Council plan: Move students from HMOs to PBSA

Council plan: Move students from HMOs to PBSA

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News
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A Midlands council is on an unusual mission to get more students living in purpose-built student accommodation (PBSA) instead of traditional HMOs.

LATEST: King's Speech reveals Labour's new Renters' Rights Bill

LATEST: King's Speech reveals Labour's new Renters' Rights Bill

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News
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This morning’s King’s Speech to a packed House of Lords has revealed Labour’s radical plans for landlords, letting agents and tenants.

Plan revealed by Yorkshire city to 'get tough' on landlords

Plan revealed by Yorkshire city to 'get tough' on landlords

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News
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Sheffield Council is about to get tougher on private landlords as part of a new 10-year plan to improve the city’s housing.

Labour has just one job to do - stabilise the rental market, says agency

Labour has just one job to do - stabilise the rental market, says agency

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News
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Good landlords have little to fear from a Labour government if it can stabilise the economy to support the property market and make renting easier and less volatile, according to one letting agent.

'Levelling up' dropped by Angela Rayner from housing department name

'Levelling up' dropped by Angela Rayner from housing department name

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News
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Angela Rayner has revealed that the Department of Levelling Up, Housing and Communities that it is to drop ‘levelling up’ from its name and concentrate on ‘basics not gimmicks’.

Kemi Badenoch named shadow housing secretary by Sunak

Kemi Badenoch named shadow housing secretary by Sunak

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News
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Wannabe Tory leader Kemi Badenoch has been appointed by Rishi Sunak as his shadow housing secretary.

Cut your losses says landlord: Why this month’s mortgage rates are causing landlords to sell

Cut your losses says landlord: Why this month’s mortgage rates are causing landlords to sell

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If you were looking for a sign on whether or not to downsize or expand your property portfolio, this weeks’ news provided mixed messages on how landlords might be affected by Buy-to-let (BTL) mortgage rates.

Introducing Portfolio

Introducing Portfolio

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Introducing Portfolio: discover our new digital resource designed to streamline landlord operations.

Chancellor confirms no-fault Section 21 evictions ban

Chancellor confirms no-fault Section 21 evictions ban

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News
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Chancellor Rachel Reeves has today revealed Labour’s post-election plans to get the housing market moving but also confirms Section 21 evictions will go.

Khan eyeing more housing powers after Labour victory

Khan eyeing more housing powers after Labour victory

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News
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London Mayor Sadiq Khan is confident he will be able to push ahead with a massive house building programme in the capital and new powers to control the housing market.

Landlord in hot water over 'no WFH' rental advert

Landlord in hot water over 'no WFH' rental advert

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News
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A landlord has got into hot water for telling prospective tenants that they’re not allowed to work from home.

Coroner calls for landlord register following tenant death

Coroner calls for landlord register following tenant death

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News
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A coroner has called on the government to set up a private landlord register in England after the mould-related death of a tenant.

Britain's youngest MP makes shock promise to campaign for tenants

Britain's youngest MP makes shock promise to campaign for tenants

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News
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The UK’s youngest MP Sam Carling has revealed that he will work in parliament to improve the lot of renters following his shock victory in the General Election.

Matthew Pennycook appointed as Labour housing minister

Matthew Pennycook appointed as Labour housing minister

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News
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Landlords may be relieved to hear that a Labour MP with experience of the private rented sector has been appointed to the Government.

TOM’s tips - Setting-up a new tenancy correctly

TOM’s tips - Setting-up a new tenancy correctly

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Experienced landlord Tom Entwistle, who has been letting property since the 1970s, gives some tips based on his experience when setting-up a new tenancy

EXCLUSIVE: Labour landslide decimates landlords' voice in parliament

EXCLUSIVE: Labour landslide decimates landlords' voice in parliament

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News
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Landlord representation in Parliament will be hugely diminished after 50 Tory MPs with residential rental properties either lost their seat in the election or had previously stepped down.

BLOG: 'Labour must support the private rented sector - here's how'

BLOG: 'Labour must support the private rented sector - here's how'

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News
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Labour's victory in the general election marks a significant turning point for the private rented sector (PRS). With their ambitious plans for housing reform, it is crucial that the new government addresses the pressing issues facing both landlords and tenants.

Landlords congratulate Labour but worry about eviction changes

Landlords congratulate Labour but worry about eviction changes

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Landlords have congratulated Labour on its landslide victory but warned that too much new red tape will make the housing shortage within the private rented sector even worse.

Tenants claim landlords 'failing to fix maintenance problems properly'

Tenants claim landlords 'failing to fix maintenance problems properly'

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News
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A new poll reveals that 88% of tenants have had problems in rental properties and more than a quarter (26%) were unhappy with their landlord’s response.

'Battle of the HMO bins' ramps up in Liverpool's student areas

'Battle of the HMO bins' ramps up in Liverpool's student areas

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News
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A battle between residents and HMO landlords is coming to a head in Liverpool where vacating students’ mess is being dumped on city streets.

TRENDS: Rental sector you've never heard of is growing the fastest

TRENDS: Rental sector you've never heard of is growing the fastest

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The co-living sector grew by 65% in 2023 - nearly 2,500 new beds - and looks set to treble to more than 20,000 beds by 2027.

OFFICIAL: BTL mortgage arrears and repossessions rise

OFFICIAL: BTL mortgage arrears and repossessions rise

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News
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A growing number of landlords are ending up in mortgage arrears and having their rental properties repossessed.

Eviction courts still not ready for Section 21 ban, says top lawyer

Eviction courts still not ready for Section 21 ban, says top lawyer

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A top property lawyer is adamant the courts won’t be able to handle a two-fold increase in possession actions when Section 21 is abolished.

INTERVIEW: The HMO expert setting up ambitious service for UK landlords

INTERVIEW: The HMO expert setting up ambitious service for UK landlords

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News
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An HMO sales firm has launched with the ambitious aim of becoming the sector’s go-to property platform.

DO YOU? 70% of landlords BACK 'rent controls of some kind'

DO YOU? 70% of landlords BACK 'rent controls of some kind'

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A majority of landlords back some form of rent control, a new poll by a leading letting agency has revealed, as the likelihood of Labour ‘interference in rent pricing’ increases.

'120,000 more homes needed if rents are to reduce'

'120,000 more homes needed if rents are to reduce'

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Rents are rising at record levels because the private rental sector needs an extra 120,000 homes, the UK’s largest property portal has claimed.

Commercial property space is recovering slowly amid changing requirements

Commercial property space is recovering slowly amid changing requirements

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A patchy and slow recovery across the commercial property sectors is boosted by the prospect of interest rate cuts