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

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

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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

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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

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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'

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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

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Ending fixed-term tenancies 'doesn't make sense' says Foxtons

Ending fixed-term tenancies 'doesn't make sense' says Foxtons

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A big lettings agency has questioned why the government is set on pursuing the end to fixed term tenancies, while ignoring the needs of landlords and tenants.

Labour report says tenants should be given 'rights charter'

Labour report says tenants should be given 'rights charter'

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A Labour-commissioned review of the private rented sector has called for a new renters’ charter to strengthen tenants’ rights and a mandatory National Landlords Register to help enforce compliance.

London landlords to repay tenants £45,000 after Tribunal decisions

London landlords to repay tenants £45,000 after Tribunal decisions

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Three London landlords are to pay over £45,000 in rent back to their tenants following separate Tribunal decisions, highlighting the increasing risks of Rent Repayment Orders as renters become more aware of the huge sums that are often involved.

Council launches licencing despite 'NO' from 73% of landlords

Council launches licencing despite 'NO' from 73% of landlords

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The London Borough of Lambeth is to launch a £923 per property selective licencing scheme in four wards this September after a lengthy consultation period that began in December last year.

EXCLUSIVE: Landlord reveals why his green upgrade cost £150,000

EXCLUSIVE: Landlord reveals why his green upgrade cost £150,000

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A landlord who raised a rental property's EPC from a band F to an A has urged others to make energy efficiency improvements that benefit both their property and their tenants.

Controversial landlord given suspended sentence over harrassment

Controversial landlord given suspended sentence over harrassment

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Controversial landlord Fergus Wilson has been handed a suspended prison sentence after being found in contempt of court for breaching an injunction preventing him from harassing staff and councillors at Ashford Borough Council.

Northern council green lights £653 selective licencing scheme

Northern council green lights £653 selective licencing scheme

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Stockton on Tees councillors have given the green light to a new selective licensing scheme covering three areas of the borough.

Rising rents 'disincentivising tenants to move home'

Rising rents 'disincentivising tenants to move home'

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Tenants are now facing bigger rent rises when they renew their contract than when they move into a new rental home.

Rent caps ARE a possibility in England reveals senior Labour figure

Rent caps ARE a possibility in England reveals senior Labour figure

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Rent caps could be introduced in England by a Labour government, the party’s shadow chancellor Rachel Reeves said over the weekend.

Rent controls do not work and never will, expert warns Labour

Rent controls do not work and never will, expert warns Labour

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Rent controls are a potential bombshell in Labour’s manifesto that could have unintended consequences, according to one property expert.

8 essential things for prospective landlords to consider before purchasing a buy-to-let

8 essential things for prospective landlords to consider before purchasing a buy-to-let

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It's essential to ensure that property is the right investment vehicle for you and to choose a property and type of let that aligns with your financial objectives.

Three steps to auction finance success

Three steps to auction finance success

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Three essential steps to secure auction finance successfully—navigate bidding, funding, and acquisition with confidence.

NEW: Labour launches broadside against bad landlords and 'vested interests'

NEW: Labour launches broadside against bad landlords and 'vested interests'

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Labour has launched a broadside against bad landlords as it adds more flesh to its manifesto bone in a bid to win the ‘renter vote’.

Scots and English Labour disagree publicly over rent controls

Scots and English Labour disagree publicly over rent controls

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Scottish Labour have promised that their new MPs will push for rent controls, despite the national party coming out against them.

INSIGHT: Will lower inflation see mortgage rates drop for landlords?

INSIGHT: Will lower inflation see mortgage rates drop for landlords?

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Landlords will have to wait a few more months for any real mortgage rate relief, despite today’s fall in inflation to 2%, experts tell LandlordZONE

After disastrous rent controls, SNP goes quiet on landlords

After disastrous rent controls, SNP goes quiet on landlords

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The SNP has published its manifesto in the run-up to next month’s general election – but renters and landlords barely get a look in.

'Rookie landlords now more at risk from selective licencing'

'Rookie landlords now more at risk from selective licencing'

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A leading law firm has warned that newbie landlords are at risk of ‘significant consequences’ because many are unaware that selective licencing is spreading rapidly across most urban areas of the UK.

OUT OF TOUCH? Minister claims landlords 'support rent controls'

OUT OF TOUCH? Minister claims landlords 'support rent controls'

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Scotland’s new housing minister Paul McLennan has surprised landlords by controversially claiming that the country’s private rented sector supports rent controls.

Labour casts doubt on Tory's CGT exemption scheme for landlords

Labour casts doubt on Tory's CGT exemption scheme for landlords

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Labour has cast doubt on the Conservatives’ proposal for a two-year temporary capital gains tax break for landlords who sell to their existing tenants

New report says EPCs 'riddled with inaccuracies'

New report says EPCs 'riddled with inaccuracies'

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A snapshot investigation by Which? has revealed that property owners are being given Energy Performance Certificates (EPCs) riddled with inaccuracie.

Political parties largely misunderstand the business rates issues

Political parties largely misunderstand the business rates issues

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The three main parties manifestos' proposals fail to instil confidence in Colliers business rates expert, John Webber.

17% of deposits 'don't cover rent arrears or damage by tenants'

17% of deposits 'don't cover rent arrears or damage by tenants'

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Cash deposits increasingly don’t cover landlords’ claims for rent arrears or damage, according to a new study.

55% of tenants support rent controls says Generation Rent

55% of tenants support rent controls says Generation Rent

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More than half of private renters (55%) reckon a new government should introduce rent controls.

Welsh nationalists back rent controls in manifesto

Welsh nationalists back rent controls in manifesto

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Plaid Cymru has come out in favour of rent controls in the PRS as part of its housing strategy in the party’s manifesto.

BLOG: Why accurate inventories are more important than ever

BLOG: Why accurate inventories are more important than ever

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The first thing I tell anyone is how important 'evidence' is in both deposit disputes and, now more than ever, monitoring fire safety compliance.

Renting £300 a month cheaper than owning says big lettings firm

Renting £300 a month cheaper than owning says big lettings firm

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Despite politicians and campaign groups claiming that the nation’s rental market is unaffordable, new research out today reveals that renting remains cheaper on average than buying a property with a 5% deposit.

GUIDE: Tenancy agreements as a deed instead of a contract

GUIDE: Tenancy agreements as a deed instead of a contract

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A tenancy agreement is just like any other contract, so as soon as both tenant and landlord have signed the agreement, it becomes a legally binding contract.

Definitive leasehold reform is still far from a done deal

Definitive leasehold reform is still far from a done deal

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Labour might be no more likely to deliver on promises to overhaul the leasehold system than the Conservatives, according to property experts.

Surveyors warn parties to focus on generation rent

Surveyors warn parties to focus on generation rent

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A huge mismatch in the private rented sector has left tenants tackling ever-rising living costs and plummeting affordability levels.

Demand grows for greener properties to lower energy bills

Demand grows for greener properties to lower energy bills

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Most portfolio landlords have been asked to make energy efficient improvements by their tenants in the past year, according to a new poll.

Labour manifesto sets deadline for more energy efficient PRS

Labour manifesto sets deadline for more energy efficient PRS

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Private rented homes will have to meet minimum energy efficiency standards by 2030 if Labour get the keys to Number 10 next month.

Farage will push for urgent repeal of Section 24

Farage will push for urgent repeal of Section 24

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Reform UK wants mortgage interest tax relief brought back as part of ‘critical reforms’ suggested by the party following the general election.

Legal appeal aims to protect landlords' postal rights

Legal appeal aims to protect landlords' postal rights

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The NRLA has stepped in to help fight a legal battle over whether it is acceptable for vital rental documents to be served by post.

COMMENT: Aiming for net zero makes good business sense

COMMENT: Aiming for net zero makes good business sense

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Increasing the energy efficiency of a property is undoubtedly of value - regardless of the election outcome.