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Stop trying to win 'cheap brownie points' with renters, lender tells Government

Stop trying to win 'cheap brownie points' with renters, lender tells Government

News

The Government must stop its ongoing and irresponsible attempts to curry favour with tenants via its looming reform of the private rented sector, a buy-to-let lender has said. Mortgages for Business boss Gavin Richardson (main

LATEST: London landlord duo convicted of �1 million benefits fraud

LATEST: London landlord duo convicted of �1 million benefits fraud

News

A landlord couple have been convicted of a �1 million benefit fraud stretching over 20 years. Emmanuel Bay , 68, and Nancy Bay , 67, of Sudbourne Road, Brixton (pictured), were found guilty of 21 offences between 1999 and 2018 under t

Landlord's troubles just go from one crisis to the next...

Landlord's troubles just go from one crisis to the next...

News

Home Reit, an investment trust landlord, was set-up to house Britains homeless. But the company has found itself running into increasing difficulties, with tenants' complaints and failed rent payments, a negative short-seller's report, a financial squeeze with falling stock prices and al

Landlord leader: Minister 'must tackle crumbling eviction courts '

Landlord leader: Minister 'must tackle crumbling eviction courts '

News

A boost in court resources as well as measures to fast-track the most serious possession cases related to anti-social behaviour and rent arrears will be vital post-Section 21, says NRLA chief executive Ben Beadle . Without reform, a rise in cases will add t

Big council says HMOs 'fundamentally change areas' as it clamps down

Big council says HMOs 'fundamentally change areas' as it clamps down

News

Councillors in Reading are set to rubber stamp plans to extend restrictions on the number of HMO conversions. An Article 4 direction already covers parts of the town where HMOs are prevalent, in much of Park, Redlands and Katesgrove wards, as well as Jesse Terrace.

Landlords seeking to convert commercial into residential warned by trade body

Landlords seeking to convert commercial into residential warned by trade body

News

Propertymark has called for a set of standards for developers and clear guidance for local councils as a way to effectively convert empty commercial properties into affordable homes - an increasingly popular path for some bigger PRS landlords. Responding to an inquiry from all-p

Is converting commercial buildings to residential use a viable proposition?

Is converting commercial buildings to residential use a viable proposition?

News

Converting commercial buildings to residential use would seem an ideal solution to a housing shortage, especially with and a glut of underused commercial buildings, but how easy is it? The planning regulation changes have made it easier to convert commercial buildings to residen

BREAKING: New mandatory 'How to Rent' guide delayed for a week

BREAKING: New mandatory 'How to Rent' guide delayed for a week

News

The new How to Rent guide due to come out today (17th March) has been delayed for a week, according to industry sources. The new guide forms part of the prescribed information that landlords in England must issue at the start of any new tenancy or renewa

John Lewis build-to-rent plans stall as locals oppose huge apartment 'towers'

John Lewis build-to-rent plans stall as locals oppose huge apartment 'towers'

News

John Lewiss build-to-rent strategy appears to be stalling amid local opposition to its plans for large developments in West Ealing and Bromley. The retailer has just announced pre-tax losses of �234 million as sales dipped 2% last year, making it even more vital to find new

'Disappointing' - housing chiefs slam lack of property measures in Budget

'Disappointing' - housing chiefs slam lack of property measures in Budget

News

Landlords, estate agents and surveyors have all given yesterdays Budget an unqualified thumbs down after the Chancellor chose to focus on economic growth but ignore several problem threatening to engulf the housing market. All have said the budget was disappointing and a m

BUDGET: Scrapping lifetime pension fund limit 'will reduce BTL investment'

BUDGET: Scrapping lifetime pension fund limit 'will reduce BTL investment'

News

Despite new research showing that one in four people plan to invest in property to generate retirement income, Chancellor Jeremy Hunt's scrapping of the 'lifetime pension fund limit' could dampen demand for BTL property, says Cornerstone Tax. The impact of inflation on savings a

'A budget that does nothing to help struggling renters', says Shelter

'A budget that does nothing to help struggling renters', says Shelter

News

Shelter has slammed the Chancellor for failing to raise Local Housing Allowance (LHA) rates in his spring Budget. The homeless charity says Jeremy Hunt could have put an end to spiralling homelessness, but instead, he has stuck his head in the sand. Yet again we

Leading economics expert says 'enough is enough' for bruised landlords

Leading economics expert says 'enough is enough' for bruised landlords

News

Sunday Times economics editor David Smith has expressed sympathy for private landlords who he believes feel bruised by increasing regulation in the sector. He says higher mortgage rates might be the straw that breaks the camels back for many, with some alrea

Gap between renting and home ownership cost narrows as mortgage payments rise

Gap between renting and home ownership cost narrows as mortgage payments rise

News

First time buyers remain better off owning than renting an equivalent home, Lloyds Bank says, but the gap is narrowing. Its latest Owning vs Renting Review reveals that owning a first home now costs �971 a month, four percent less than renting at �1,013.

BUDGET 2023: Hunt ignores pressing needs of landlords and tenants

BUDGET 2023: Hunt ignores pressing needs of landlords and tenants

News

The government failed to offer long-term support for energy efficiency improvements or increase the Local Housing Allowance in a Budget which instead focused on getting the country back to work. Chancellor Jeremy Hunt extended support for energy bills at current levels of �2,50

The latest lettings legislation for landlords - The Property Cast, Total Landlord Insurance

The latest lettings legislation for landlords - The Property Cast, Total Landlord Insurance

Podcast

In this in-depth private rented sector legislation special, Eddie and Paul are joined by David Smith, head of property litigation at JMW Solicitors. The discussion kicks off with the recent landmark Rakusen v Jepsen rent repayment order case, where David represented the NRLA and which, he e

Landlords are rushing to sell as tax bills and refurb costs rise above rent

Landlords are rushing to sell as tax bills and refurb costs rise above rent

Information

Youve made the decision to sell, and beat the market drop and increased costs. But where do you turn? Estate Agents can get you a high price, but theyll take far too long. Auctions can sell super-fast, but you might be compromising on price. <figure id="" class="w-richtext-figure-t

Awaab's Law 'must be extended to private rented sector', says Generation Rent

Awaab's Law 'must be extended to private rented sector', says Generation Rent

News

Generation Rent is calling on the government to extend Awaabs Law to the PRS after its survey found 1,106 private rented homes in England with dangerous levels of damp and mould. A Freedom of Information request by the campaign group found that the 65 councils which reported

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Landlords' views sought on updating house sale process

Landlords' views sought on updating house sale process

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Landlords are being asked to share their experiences of conveyancing to help strengthen the case for digital property packs.

Ministers debate even tougher rules for holiday let owners

Ministers debate even tougher rules for holiday let owners

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The government is considering a further crackdown on short-term lets in a bid to free up more homes for local people.

Cut corners on inventories at your peril, landlords warned

Cut corners on inventories at your peril, landlords warned

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Landlords and letting agents aren’t carrying out inventory inspections on nearly a third of tenancies, leaving themselves open to disputes.

Landlord tax burden puts the squeeze on maintenance budgets

Landlord tax burden puts the squeeze on maintenance budgets

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News
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Landlords have been warned that cutting maintenance budgets could jeopardise their ability to rent out properties and puts renters at risk.

Court throws out rent-to-rent ruling against superior landlord

Court throws out rent-to-rent ruling against superior landlord

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News
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A landlord has successfully overturned a rent repayment order after he argued he wasn’t responsible for an unlicensed HMO.

Condensation and mould – how can I deal with this knotty problem?

Condensation and mould – how can I deal with this knotty problem?

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It’s that time of year again. The first signs of the UK’s autumn cold arrives as we see more cooling rain and wind, and a noticeable drop in temperature

Landlords: Avoid £30k penalties with safety compliance

Landlords: Avoid £30k penalties with safety compliance

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Stay compliant to avoid hefty five‑figure penalties—landlord responsibilities can't be ignored.

Renting campaigners call for Labour to go further with reforms

Renting campaigners call for Labour to go further with reforms

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News
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The Renters’ Reform Coalition has called for more radical renter reforms including longer eviction notice periods, longer protected periods free from eviction when a tenancy starts and limits on rent increases during a tenancy.

CGT hike 'to be final nail in rental sector's coffin' claims expert

CGT hike 'to be final nail in rental sector's coffin' claims expert

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News
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A Capital Gains Tax rate change could be the final nail in the PRS coffin as investors ditch bricks and mortar, according to one big financial analyst.

Labour report says tenants should be given 'rights charter'

Labour report says tenants should be given 'rights charter'

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News
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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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News
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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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News
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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.

Manchester mayor reveals £600,000 landlord crackdown

Manchester mayor reveals £600,000 landlord crackdown

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Mayor Andy Burnham has announced plans including a new Property Check scheme for tenants whose landlords won’t work with the council voluntarily.

Landlord fined £14,000 over 'dangerous' property

Landlord fined £14,000 over 'dangerous' property

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A landlord who let three of his properties fall into dangerous disrepair has been ordered to pay almost £14,000.

Asylum seeker housing firm's boss reaches UK Rich List

Asylum seeker housing firm's boss reaches UK Rich List

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The founder of property management firm that houses asylum seekers by offering landlords guaranteed rents has reached the Sunday Times Rich List.

Section 21 evictions rise by 19% as more tenants get into rent arrears

Section 21 evictions rise by 19% as more tenants get into rent arrears

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News
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The number of households removed from their privately rented properties by bailiffs in England via a Section 21 ‘no fault’ eviction increased by 19% during the first three months of the year to 2,682 households, official data shows.

Manchester to expand its selective licencing AGAIN

Manchester to expand its selective licencing AGAIN

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News
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Landlords with properties in Manchester have been urged to have their say on the city’s latest plans to expand selective licencing.

'Blame the Government, not us, for rising rents' says landlord peer

'Blame the Government, not us, for rising rents' says landlord peer

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Rising rents and lack of supply in the privately rented sector (PRS) are the result of long-term failure in government housing policy and is not landlords’ fault, peers were told during the Renters Reform Bill second reading last night.

Minister reveals latest on courts overhaul and ending Section 21

Minister reveals latest on courts overhaul and ending Section 21

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The government has provided more detail on how it plans to overhaul the courts, along with the timeline for abolishing Section 21.

'Why councils must take enforcement seriously if sector is to improve'

'Why councils must take enforcement seriously if sector is to improve'

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James Kent, the NRLA's Chief Innovation Officer and founder of property compliance platform Safe2, looks at new data on the postcode lottery of local authority enforcement.

UPDATE: Privity of Contract - the Authorised Guarantee Agreement

UPDATE: Privity of Contract - the Authorised Guarantee Agreement

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Commercial Lease: Before 1995, though many commercial tenants did not realise this, assigning the lease meant they agreed to be responsible for payment of the rent and performance of all the other covenants

Finding tenants for properties becomes 'super fast' as competition hots up

Finding tenants for properties becomes 'super fast' as competition hots up

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Competition between tenants continues to intensify as the amount of time rental property listings are up for has dramatically reduced, according to new analysis.

56% of tenants choose cashless deposits when offered choice

56% of tenants choose cashless deposits when offered choice

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High rents are prompting tenants and landlords to choose alternative deposit schemes, according to one provider.

SHOPS: New powers allow councils to auction leases if left empty

SHOPS: New powers allow councils to auction leases if left empty

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New powers for councils to auction off leases on properties which have stood empty for more than a year will take effect this summer.

Encourage landlords to rent more homes urges NRLA ahead of Lords debate

Encourage landlords to rent more homes urges NRLA ahead of Lords debate

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As Peers prepare to debate the Government’s Renters (Reform) Bill today, the NRLA has warned that landlords exiting the sector are the ‘biggest threat’ to renters as supply narrows and rents continue to rise rapidly.

Scotland reveals major overhaul of how shops are rented out by landlords

Scotland reveals major overhaul of how shops are rented out by landlords

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Landlords are being asked for their views on whether the Tenancy of Shops (Scotland) Act should be repealed, replaced, or reformed.

UK records highest commercial property rent collections since 2019

UK records highest commercial property rent collections since 2019

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The UK has recorded the highest 21-day commercial property rent collection rates since the start of the pandemic

Is your area included? 2024 sees record 25 licencing schemes begin

Is your area included? 2024 sees record 25 licencing schemes begin

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News
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2024 looks set to become a record-breaking year for landlord licensing, with 25 new schemes and consultations launched so far across the UK.

'Grotesque' tenant who illegally sub-let is jailed

'Grotesque' tenant who illegally sub-let is jailed

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A tenant who claimed she had cancer and masqueraded as a private landlord to swindle would-be tenants out of rental deposits, has been jailed.