A proptech firm is to spend �1 billion buying up 3,000 private rented properties with low EPC ratings around the UK, which it plans to retrofit and rent out on behalf of its backers. With many individual landlords threatening to quit the sector - faced with licensing schemes an
Forty per cent of privately rented homes in England are unlikely to achieve the energy efficiency rating target that is due to come into force in 2028. Trade organisation Propertymark says its analysis of the latest English Housing Survey shows that 60 per cent of the rental sec
A staggering one-third of landlords plan to quit the sector or do nothing to address energy efficiency failings if and when new EPC regulations kick in. Research carried out on behalf of Paragon Bank reveals that 21% of landlords would not carry out any necessary works to bring
The NRLA has played down landlords fears about new Government proposals to give tenants the right to request a pet. Speaking on the Radio 4 You and Yours programme, director of policy Chris Norris said many landlords werent too worried about the government
An official briefing document for MPs has underlined the contradictory position the government has manoeuvred itself into over landlords and letting agents who advertise properties as No DSS. The House of Commons Library document makes for interesting reading because, base
A landlord who defrauded HMRC out of almost �500,000 by keeping deductions from his employees wages has been jailed for three years. Michael Stainer, 74, (inset, main picture) was found guilty of two counts of cheating the public revenue and one of fraud by false representat
As temperatures in England and Wales soar this week, many office buildings will become unusable says real estate sustainability expert Chris Bennett of consultancy https://evoraglobal.com/" target="_blank" Evora Global - it should act as a powerful warning for real estate
An estate agency has claimed that the governments war on landlords will cost the private rented market some 46,000 this year, or some 3,800 every month. Hamptons , which has branches all over the UK, says its research confirms that, as LandlordZONE
With the cost of living crisis being the political issue of the day, and a political leadership contest underway, theres something of a hiatus in the way its being dealt with. But the situation is now quite urgent. Financial distress is now higher than during the pandemic.
After 20 years, landlord Sue quits the sector, citing frustration with anti-landlord sentiment and increasing regulatory burdens.
Minister defends exempting student housing from new tenancy rules to keep in step with academic year agreements/
Landlords with empty properties are being urged to take advantage of council cash to help fight the housing shortage. About 300 councils currently offer a scheme mainly loans to carry out repairs - although some provide grants, usually ranging from �5,000 to more than �25,
Letting out property abroad can be a great way of generating extra income. The property might have been bought primarily as an investment but for others or it could be second or holiday home let out when not in use. There are plenty of things to think about, though.
Leicester is going ahead with its selective licensing extension in three areas of the city, charging landlords �1,090 per property - the highest fee in the Midlands. The council is introducing the scheme in parts of Westcotes, Fosse, Braunstone Park and Rowley Fields wards, whi
Durham Council has warned landlords covered by its new selective licensing scheme to brace themselves for inspections next month. At least 29,000 properties, 42% of the countys PRS, are covered by the scheme which launched in April after winning government approval. <p id
Nearly one-fifth of private rented homes would need work costing more than �10,000 to bring them up to an EPC Band C, according to the latest PRS figures. The English Housing Survey Private Rented Sector report for 2020-21 found that these were more likely to need larger sums o
The latest figures available from Rightmove show that London rents jumped by around 14 per cent in the last year, with some property experts calling it the most competitive market on record Matt Hutchinson, a director at SpareRoom, the flat sharing website, has said: <p
The pandemic has had a devastating impact on commercial property, with lockdowns, social distancing, working from home (WFH), all accelerating the move to online and home deliveries. The likes of Tesco, Ocado and the other big supermarket deliveries were the saviour of the public during the
North Yorkshire Council has adopted a new housing enforcement policy to ensure all private rental properties across the county are up to scratch, the first time this has happened.
A tenant accused of murdering her landlord and stabbing his cat to death has been remanded in custody.
A property raffle has just handed out another £500,000 to a lucky winner to buy their dream house.
Hackney Council has been called out for continuing to process additional and selective landlord licence applications five months after both schemes ended.
The UK commercial real estate sector has faced significant challenges recently due to changing trends, will recent signs of a turnaround continue?
A rogue landlord and also letting agent who let out grotty and overcrowded properties has been handed the first banning order in Essex.
Rental growth has slowed to its lowest level for nearly three years while demand has dropped by 39% during the past 12 months.
As house prices have risen sharply in recent decades, many had thought that the sub-£100,000 house that returned double-digit gross returns had gone for good.
The Scottish government’s failure to plan for the end of temporary rent controls has led to rents rising faster than in most other parts of the UK.
The NRLA has joined forces with property leaders to call for the next government to pass the Renters (Reform) Bill as a matter of urgency.
A tenant who threatened to share a naked video of his former landlord if he wasn’t given back a cash deposit has been handed a 12-month suspended jail sentence.
Landlords have been warned that thousands of tenants face losing their housing benefit and may struggle to pay the rent as changes brought in by the Department of Work and Pensions (DWP) take effect.
TV property expert Martin Roberts has hinted that he’s been lined up for the next series of Strictly Come Dancing.
Landlords in Brighton & Hove with small HMOs will have to pay £1,051 from today for an additional licence.
Properties with a sitting tenant cost an average of 15% less than those without, and are a whopping 24% cheaper in Scotland, according to new figures.
Landlord representative body the NRLA has rounded on all the political parties ahead of this week’s General Election for ignoring one of the ‘most important’ issues facing the private rented sector.
The bank puts a positive spin on buy-to-let, despite others regularly asking, “should I give up on buy-to-let?” And Savills reveals a secret market segment that heralds growth.
Landlords and homeowners are paying an average of £5,787 to buy and fit a heat pump after deducting the £7,500 government grant.
More landlords are working together with tenants to commit fraud while running illegal cannabis farms, according to one property lawyer.
A furious landlord has criticised Keir Starmer for claiming landlords are ripping off tenants and making a fortune from huge deposits.
It’s time to cut to the chase. We’ve all been thinking it: is property becoming more hassle than it’s worth? If you’re questioning your property portfolios, you’re not alone.
All eyes are on Scotland where a scheme to regulate the holiday lets sector has caused a storm after the new licences, which cost between £260 and £520 per property, were introduced.
A despairing landlord has resorted to protesting on his roof after failing to evict a rogue tenant for the last 25 years.
The Conservatives’ anti-landlord policies have failed to win much favour among tenants who are most likely to vote Labour in the general election, it has been revealed.
A council in London has taken the unusual step of banning a woman from renting homes in the private sector for three years after she illegally sub-let a property in a case that is one of the worst LandlordZONE has ever reported on.
A housing safety law expert has called for Southwark Council to be hit with a multi-million pound fine after it failed to carry out required electrical safety tests at its properties.
All the major political parties have now released their manifestos ahead of the July general election. Here James Kent, the NRLA’s Chief Innovation Officer, and founder of digital compliance platform Safe2, looks at what they are promising when it comes to PRS property standards and compliance.
A rogue landlord who was fined £34,640 for having eight unlicensed HMOs has failed in an attempt to have his conviction overturned.
Labour party figures’ desire to end tenant bidding wars is unworkable in practice, while unenforced legislation would not lead to any real improvement, according to a top property lawyer.
A legal expert has warned that an amendment to the recently-passed Leasehold and Freehold Reform Act that raises the 25% non-residential limit in collective enfranchisement claims to 50% will have serious consequences for mixed-use developments.
The NRLA is to drop the word ‘landlord’ from its strapline in a bid to change public attitudes of those who rent out and manage properties.
Guarantors in rental agreements provide financial security for landlords. Understand their role, responsibilities, and tips for both parties.
The Labour party has clarified that although it will seek to stop agents and landlords encouraging bidding wars, tenants will be allowed to make ‘voluntary’ higher offers above the original rental asking price.
The NRLA has backed Labour’s proposal to stop landlords and letting agents enabling ‘bidding wars’ by requiring them to advertise a proposed rent based on market rates, with bids above that figure prohibited.
