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Housing chief tries to reassure landlords over looming eviction changes

Housing chief tries to reassure landlords over looming eviction changes

News

Government officials have reassured private landlords that judges will be able to consider a wider range of behaviours before using their judicial discretion in ASB eviction cases. Giving evidence to the Levelling Up Housing and Communities Committee into

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'

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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

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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

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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

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'

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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'

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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

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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'

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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

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Is the rental market still profitable?

Is the rental market still profitable?

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Over recent years, governments have tightened lettings legislation and increased the tax burden on landlords. Add on the current cost-of-living crisis, high mortgage rates, and the Renters (Reform) Bill making its way through Parliament, some landlords are understandably beginning to wonder if it’s

Lack of advice stalling landlords' efforts to make properties greener, says RICS

Lack of advice stalling landlords' efforts to make properties greener, says RICS

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Landlords and industry professionals have been invited to share their thoughts on a new professional standard aimed at helping surveyors provide useful retrofitting advice. The Royal Institution of Chartered Surveyors (RICS) has launched a consultation on its draft <strong id=""

'I'm so sorry' helps landlord avoid prosecution after illegal eviction attempt

'I'm so sorry' helps landlord avoid prosecution after illegal eviction attempt

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A contrite landlord has apologised to the tenant he tried to illegally evict after being rapped on the knuckles by Coventry Council. The landlord sent text messages telling his tenant to leave when they told him the rent would be late. He then visited the property and took the t

EXPERT: 'Binning Section 21 won't help as many tenants as campaigners hope'

EXPERT: 'Binning Section 21 won't help as many tenants as campaigners hope'

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Section 21 is the biggest headline grabbing element of the Renters Reform Bill but will be the least effective pieces of the legislation. Thats according to letting agent Kristjan Byfield (main picture), co-founder ofhttps://www.baseps.co.uk/"

High Street bank joins in criticism of Government over stalled evictions reform

High Street bank joins in criticism of Government over stalled evictions reform

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Shelter has this morning launched a campaign in partnership with the Co-operative Bank to persuade the Government to press ahead with its proposal to abolish Section 21 evictions. The two organisations have launched a PR stunt on Parliament Square today covering it with 172 card

SHOCK: 30% of landlords looking to sell 'some properties' says big broker

SHOCK: 30% of landlords looking to sell 'some properties' says big broker

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New data reveals the extent of the landlord exodus prompted by the current mortgage rate surge with 36% of landlords polled revealing they plan to sell a property over the next 12 months. The proportion intending to sell some properties was at 30%, up from 28% the last tim

Proportion of tenants over 65 years old set to surge in coming decade

Proportion of tenants over 65 years old set to surge in coming decade

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Landlords are increasingly likely to be renting to older tenants in the coming decade with the proportion of renters in private rented accommodation over 65 years old doubling to 11.5%, it has been reported. Letting agency Hamptons says its research reveal

Midlands council reveals crackdown on unlicenced HMOs with unusual results

Midlands council reveals crackdown on unlicenced HMOs with unusual results

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A council crackdown has uncovered four unlicensed HMOs and one being used as a cannabis factory in Kettering and Corby. North Northamptonshire Council joined forces with Northamptonshire Police in a week-long inspection of 76 HMOs, four of which are still being investigated.

Leading lawyer asks landlords for help to reverse 'morally wrong' HMO rules

Leading lawyer asks landlords for help to reverse 'morally wrong' HMO rules

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HMO owners and associations are being urged to support calls for a rethink of plans to remove licensing requirements for HMOs used as asylum accommodation. Property lawyer at JMW, David Smith , wants the High Court to agree to a judicial review of changes o

Major housebuilder switches to renting, not selling homes

Major housebuilder switches to renting, not selling homes

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Housebuilder Berkeley has announced its ambition to become a big player in the build-to-rent market amid sluggish demand from buyers.

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.