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Higher mortgage rates driving more landlords to request rent guarantors

Higher mortgage rates driving more landlords to request rent guarantors

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Landlords hit by mortgage rate hikes are demanding guarantors from increasing numbers of high earning tenants. Many tenants are seeing a greater proportion of their take-home pay go towards rent so are having to provide the additional security of a guarantor when signing new agr

Influential Labour group says tougher eviction rules needed to tackle poverty

Influential Labour group says tougher eviction rules needed to tackle poverty

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Landlords should be prevented from serving an eviction notice for at least the first year of a tenancy, in the case of repossession for selling or occupying the property, according to a new report from the Fabian Society. The independent left-leaning

Rents soar as agents report rising tenant demand but landlord slump

Rents soar as agents report rising tenant demand but landlord slump

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The Governments housing policies are coming home to roost as tenant demand continues to soar but the number of landlords advertising new properties to rent plummets, it has been revealed. RICS says that during June it found significantly more members (a net balance increase o

NEW: Big London borough brings in tighter HMO conversion rules for landlords

NEW: Big London borough brings in tighter HMO conversion rules for landlords

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Landlords in one of London's biggest boroughs now need planning permission to convert family homes into HMOs for three to six tenants. After a year-long pilot and consultation with residents, the London Borough of Hounslow (main picture) has made its borough-wide A

Mortgage woes spark surge in landlords selling portfolios

Mortgage woes spark surge in landlords selling portfolios

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Landlords with portfolios of 20 properties or more are making up the bulk of enquiries about selling to the Landlord Sales Agency. Despite reports that smaller landlords with one or two properties will be hardest hit by current market conditions, the firm has one landlord client

Housing chief tries to reassure landlords over looming eviction changes

Housing chief tries to reassure landlords over looming eviction changes

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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

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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

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Landlords have 'good reason to be concerned with renting reforms'

Landlords have 'good reason to be concerned with renting reforms'

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Three key rental sector organisations have joined to warn the Government that its rental reforms are causing significant concerns.

BLOG: Landlords face higher bills as EPC assessments get tougher

BLOG: Landlords face higher bills as EPC assessments get tougher

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Changes to EPC assessments mean higher energy assessment costs for landlord, that's on top of what it will cost many landlords to upgrade properties

Big seaside city reveals radical plans to restrict holiday lets

Big seaside city reveals radical plans to restrict holiday lets

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Council has hatched plans to start charging Airbnb users for parking and is also considering a ban on full-time Airbnbs in new builds and designating

Landlords brace for reform at sold-out NRLA gathering in London

Landlords brace for reform at sold-out NRLA gathering in London

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Paul Shamplina headlined NRLA On Tour London, delivering key insights on legal changes for landlords at a sold-out, sector-shaping event.

Leading tax expert slams looming Making Tax Digital changes for landlords

Leading tax expert slams looming Making Tax Digital changes for landlords

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A high-profile tax expert has labelled HMRC’s Making Tax Digital (MTD) regime – set to hit landlords next year - as ‘pointless and costly’.

£6 million licensing scheme reveals property inspections blitz

£6 million licensing scheme reveals property inspections blitz

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Peterborough Council boasts that its aggressive approach to selective licensing has driven significant improvements in the town’s private rental secto

Major BTL lender relaxes rental 'stress test' rules to help landlords

Major BTL lender relaxes rental 'stress test' rules to help landlords

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The Mortgage Works has reduced its 'stress test' rate which is used to assess whether a landlord can afford loan payments.

London rental market now 'full of opportunity for landlords'

London rental market now 'full of opportunity for landlords'

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London’s rental sector is full of opportunity for both landlords and tenants, says Foxtons, which reports an explosion in tenancy applications.

Former letting agent turned 'fake landlord' jailed for £200k fraud

Former letting agent turned 'fake landlord' jailed for £200k fraud

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A former estate agent who posed as a landlord to con would-be tenants out of more than £200,000 has been jailed.

'Ministers need to let landlords know when Section 21 is going'

'Ministers need to let landlords know when Section 21 is going'

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Figures across the private rented sector including TV star Paul Shamplina have warned that both tenants, landlords and letting agents need to know when the Section 21 eviction ban is going to take place.

Pro-landlord MP explains why he voted against renting reforms

Pro-landlord MP explains why he voted against renting reforms

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Conservative MP Anthony Mangnall voted against the Renters Reform Bill, warning that removing fixed-term tenancies could reduce housing supply.

Labour plans to ban Section 21 immediately 'would cause chaos'

Labour plans to ban Section 21 immediately 'would cause chaos'

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Abolishing section 21 as soon as the Renters Reform Bill gains Royal Assent would cause chaos in the sector and leave the statute book a “confusing mess”, according to the government.

MP's bid to make landlords pay tenants' moving costs rejected

MP's bid to make landlords pay tenants' moving costs rejected

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Conservative MP Natalie Elphicke failed to convince the government to include relocation payments for tenants and to restrict tenancy grounds in its Renters (Reform) Bill.

Government agrees not to scrap selective licencing when Portal goes live

Government agrees not to scrap selective licencing when Portal goes live

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Environmental health officers have won a concession from the Government after it agreed not to stop councils using selective licencing schemes once England’s national property portal launches.

MPs vote through renting reforms including landlord-friendly changes

MPs vote through renting reforms including landlord-friendly changes

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The Renters (Reform) Bill has been voted through its final stage in the Commons and, much to some MP's annoyance, containing several new concessions to landlords.

'Landlords and tenants need clarity on how new pets rules will work'

'Landlords and tenants need clarity on how new pets rules will work'

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Animal welfare charity Battersea has called for more details on what constitutes ‘reasonable grounds’ for refusing a tenant’s request to keep a pet, in the Renters Reform Bill.

Plans to let tenants move out at short notice will 'disrupt market'

Plans to let tenants move out at short notice will 'disrupt market'

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A leading build-to-rent firm boss has urged the government to approve an amendment in the Renters Reform Bill preventing tenants from ending contracts in the first six months – or face disrupting the market.

Do tenants need more rights to have pets? Take part in our quick survey

Do tenants need more rights to have pets? Take part in our quick survey

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Tell the politicians whether you agree with their plans to give tenants more rights to have a pet in a rented property.

EXCLUSIVE: Landlord slams council over 'misleading' licencing report

EXCLUSIVE: Landlord slams council over 'misleading' licencing report

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Blackpool Council has been accused of deliberately disguising the results of its selective licensing consultation report to help it push through a new scheme.

Renting reforms are a 'fair deal' for landlords says NRLA

Renting reforms are a 'fair deal' for landlords says NRLA

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While most tenant campaigning groups have criticised the Renters (Reform) Bill for being too ‘watered down’, the National Residential Landlords Association (NRLA) has said it represents in its current form a fair deal for tenants and landlords.

Government 'has given into landlords' claim campaigners

Government 'has given into landlords' claim campaigners

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The Renters Reform Bill will be a failure in its current form unless ministers urgently table amendments that better protect renters, a tenant group has warned.

'Angry' anti-HMO protests spill onto streets in London

'Angry' anti-HMO protests spill onto streets in London

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A crowd of angry residents have clashed with councillors during a protest against burgeoning HMOs within the London borough of Ealing.

Liverpool footballer and landlord accused of poor housing standards

Liverpool footballer and landlord accused of poor housing standards

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Tenants living in Liverpool footballer Cody Gakpo’s flats have complained of disrepair, structural problems and vermin infestations.

Final amendments to renting reforms go live ahead of tomorrow's debate

Final amendments to renting reforms go live ahead of tomorrow's debate

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The final list of amendments to the Renters (Reform) Bill has been published by parliament ahead of tomorrow’s third reading of the legislation, during which each will be discussed and voted on.

80% of landlords carry out proactive maintenance

80% of landlords carry out proactive maintenance

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Survey reveals 80% of landlords proactively maintain properties to prevent issues, with spring deemed ideal for property health checks.

Are landlords missing a trick that could cost them 30% of the value of their properties?

Are landlords missing a trick that could cost them 30% of the value of their properties?

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It’s a mixed bag for landlords at the moment, with previous uncertainties around EPC regulations and the stress of mortgage repayments

Ministers listen to sense over reform changes to student lets

Ministers listen to sense over reform changes to student lets

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Student landlords have won some concessions on evictions within a government amendment to the Renters Reform Bill.

'Give us your views on our rent control proposals', Scots landlords urged

'Give us your views on our rent control proposals', Scots landlords urged

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The Scottish government wants landlords’ views on its new Housing Bill, which focuses on rent control and tenants’ rights.

Leading landlord warns sector over Labour's 'radical plans'

Leading landlord warns sector over Labour's 'radical plans'

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A leading landlord has warned that Labour’s radical plans for the private rental sector are deeply worrying and could easily lead to a wholesale exit from the sector.

Landlady faces jail unless she pays £52,000 Proceeds of Crime Order

Landlady faces jail unless she pays £52,000 Proceeds of Crime Order

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A landlady in London faces prison unless she pays a Proceeds of Crime Act Confiscation Order totalling £51,983.

BREAKING: Ground Rents to be capped at £250 per year… 

BREAKING: Ground Rents to be capped at £250 per year… 

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Leaseholders who pay ground rents are to have their levy capped at a maximum amount of £250 as Gove is forced to water down his radical proposals

Court allows 134 property investors to start 'class action' following £14m loss

Court allows 134 property investors to start 'class action' following £14m loss

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An appeal court judge has granted 134 property investors leave to contest a single ‘class action’ claim against a solicitor which is alleged to have provided negligent professional advice on an investment scheme.

TOM's Tips: 20 Steps to successful landlording

TOM's Tips: 20 Steps to successful landlording

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In this post, Tom Entwistle sets out the principles that he has used over his successful 50-year landlording career.

HMO figure calls out 'unfair' Tube ads slamming landlords

HMO figure calls out 'unfair' Tube ads slamming landlords

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Landlords travelling by London Underground might be shocked to find themselves as the butt of a joke used to sell coffee.