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MARKET: High rents consign younger tenants to the house of mum and dad

MARKET: High rents consign younger tenants to the house of mum and dad

News

First-time renters accounted for just 4.6% of new tenancies during the first five months of the year, as more would-be tenants rely on the hotel of Mum and Dad. With average monthly rents topping �1,000, young adults can save �12,290 by living rent-free with their parents each

LATEST: Bailiff freeze spreads to another big County Court in London

LATEST: Bailiff freeze spreads to another big County Court in London

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A large County Court in London has written to its legal clients to warn them that some of their scheduled evictions face being cancelled or rescheduled. The announcement has been made by the Civil and Family Court in Barnet (main picture), one of the major hubs handling eviction

Landlord defeats HUGE rent repayment claim by tenants who owe HER �17k

Landlord defeats HUGE rent repayment claim by tenants who owe HER �17k

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A landlord in Dartford has batted off a huge rent repayment order (RRO) claim made by her tenants after a judge dismissed the case during a virtual Property Tribunal hearing. Manjit Sanghera, who co-manages the family detached property on the outskirts of the Kentish town with h

Campaigners call for crack down on failing PRS properties and landlords

Campaigners call for crack down on failing PRS properties and landlords

News

Campaigning group the London Renters Union is targeting landlords in London by urging councils to come down much harder on failing properties. It has launched an action plan in Brent, detailing how the local authority should hold landlords accountable for more than 10,000 privat

Should Landlords Sell Their Buy-To-Let Properties in 2023?

Should Landlords Sell Their Buy-To-Let Properties in 2023?

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Landlords face rising costs, stricter regulations, and tax changes, prompting many to sell buy-to-let properties.

Quitting landlords could fuel further drop in house prices

Quitting landlords could fuel further drop in house prices

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Buy-to-let landlords will influence https://www.landlordzone.co.uk/sponsored/what-do-the-falling-house-prices-mean-for-landlords/" house prices if a large number choose to sell up, according to rating agency Moodys. The firm is predicting that prices will f

Holiday home owners top the rental income chart

Holiday home owners top the rental income chart

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The average annual https://www.landlordzone.co.uk/news/battle-over-holiday-lets-hots-up-as-campaigning-mp-holds-meeting/" holiday let income exceeded buy-to-let income for the first time in 2020-21, reaching �15,600 compared with �13,400, according to HMRC.

Edinburgh Council forced to go back to drawing board over licensing

Edinburgh Council forced to go back to drawing board over licensing

News

Short-term let landlords in https://www.landlordzone.co.uk/news/edinburgh-chief-admits-burdensome-licencing-plan-will-hugely-reduce-holiday-lets/" Edinburgh have won their legal case against the councils licensing scheme. In the biggest crowdfunded case in

Surveyors report surge in landlords selling up across UK

Surveyors report surge in landlords selling up across UK

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Almost two-thirds of surveyors have witnessed rising numbers of buy-to-let landlords looking to sell their properties. The https://www.rics.org/" Royal Institute of Chartered Surveyors (RICS) reports that a similar number have seen a drop in the level of inter

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HMO landlord loses fine appeal after blaming agent for rules breach

HMO landlord loses fine appeal after blaming agent for rules breach

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An HMO landlord who blamed a guaranteed rent firm for breaching his licence has failed in his bid to overturn a £7,500 fine.

RICS member agents predict growing rental shortages

RICS member agents predict growing rental shortages

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RICS survey predicts growing shortage of rental properties. Demand is predicted to grow while supply declines.

HMO planning register rejected in East of England

HMO planning register rejected in East of England

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Councillors in Ipswich have rejected plans for a register of all HMO licensing applications in the town.

Renting reforms will pose 'serious risk' to self-managing landlords

Renting reforms will pose 'serious risk' to self-managing landlords

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Landlords face considerable risks from self-managing their properties when the Renters’ Rights Bill goes live, according to a letting agent expert.

Rent controls will backfire, landlords warn Scots ministers

Rent controls will backfire, landlords warn Scots ministers

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Scotland’s landlords and letting agents have warned that the country’s imminent rent controls will backfire.

Rent rewards app urges tenants to pay by card not BACS

Rent rewards app urges tenants to pay by card not BACS

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Landlords could soon be paid their rent via credit cards rather than bank transfer after a Spanish company said it plans to launch in the UK.

Renters' Rights Bill - a month on, what's happened?

Renters' Rights Bill - a month on, what's happened?

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It's been just over a month since I last penned my thoughts for LandlordZONE, and in that brief period, the private rental sector has continued to evolve at rapid pace.

Landlord to pay £64,000 fine over 'hidden' HMO

Landlord to pay £64,000 fine over 'hidden' HMO

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A rogue landlord has been handed a whopping £64,000 fine after he was found renting a five-bedroom house to 13 people.

House raffle boss slams UK's 'unaffordable' rental market

House raffle boss slams UK's 'unaffordable' rental market

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A prize company CEO says the UK’s rental stock shortage is driving tenants’ anxiety about rent rises.

Billionaire London landlord fined and added to 'rogue database'

Billionaire London landlord fined and added to 'rogue database'

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A subsidiary of one of the capital’s biggest landlords has been put on London’s rogue landlords register and fined £67,000 for breaches of HMO licence conditions.

Celebrity landlord protests after losing HMO licences for two properties

Celebrity landlord protests after losing HMO licences for two properties

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A landlord has told councillors he will have to give up two properties after he failed to renew HMO licences before the expiry dates.

INSIGHT: Landlord service that takes unusual approach to hoarders

INSIGHT: Landlord service that takes unusual approach to hoarders

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Holistic Hoarding has prevented 50 evictions in the last four years by working with tenants to address the causes of their mental health condition.

Gove’s ambitious plan to reform leasehold is quietly being sidelined

Gove’s ambitious plan to reform leasehold is quietly being sidelined

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Abolishing leasehold is far from the easy process some of our politicians would have us believe – there are some powerful forces ready to counter the move.

Former housing minister facing questions over rented property

Former housing minister facing questions over rented property

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Former Housing Minister Esther McVey has been claiming tens of thousands of pounds in Parliamentary expenses for renting a London flat, despite her husband owning a property a mile away, it has been claimed.

MPs tell Government to protect landlords from rogue agents

MPs tell Government to protect landlords from rogue agents

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The government has been urged to stop “sitting on its hands” and bring forward changes to protect tenants, leaseholders and landlords from poor practices in the lettings industry.

DIY lettings service for landlords launches with big promise

DIY lettings service for landlords launches with big promise

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A new DIY lettings service for landlords should help Hello Neighbour fulfil its ambition of becoming the biggest letting agent in England, according to co-founder Richard Jenkins.

Council closes HMO after surprise visit reveals nightmare property

Council closes HMO after surprise visit reveals nightmare property

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A landlord who rented out his unlicensed, seven-bedroom HMO to 13 tenants has been ordered to pay £3,000.

Rent rises reflect cost tracking, not profiteering

Rent rises reflect cost tracking, not profiteering

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Landlords' rent increases reflect rising mortgage rates and operational costs, not profiteering, amid a challenging property market.

MPs urge Ministers to 'sort out' Local Housing Allowance rises

MPs urge Ministers to 'sort out' Local Housing Allowance rises

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Landlord and tenant groups have welcomed proposals by MPs on the Work and Pensions Select Committee to introduce an annual ‘uprating guarantee’ to the Local Housing Allowance (LHA).

REFORMS: Many landlords have 'no idea what's about to hit them'

REFORMS: Many landlords have 'no idea what's about to hit them'

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Propertymark poll reveals only 18% of landlords understand the Renters (Reform) Bill; 52% find official guidance insufficient.

Landlord warns: "sell now” as Government urged to further reduce PRS

Landlord warns: "sell now” as Government urged to further reduce PRS

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The Guardian suggests that Government may start to veer towards a “surprisingly simple solution to the UK housing crisis” which could see them squeeze landlords further, blaming them for the current housing crisis affecting home-buyers.

Report reveals £45 billion contribution landlords make to economy

Report reveals £45 billion contribution landlords make to economy

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A new report published today claims that 390,000 jobs rely on the private rented sector as critics of the sector, including the Guardian newspaper, have called for it to be shrunk or abolished entirely.

UK's only city-wide licencing scheme 'gets tough' on landlords

UK's only city-wide licencing scheme 'gets tough' on landlords

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Landlords in Oxford who fail to sign up to the city’s licensing scheme are being threatened with fines and enforcement action after a year of relative ‘grace’.

REPORT: Will lower inflation lead to lower BTL mortgage rates?

REPORT: Will lower inflation lead to lower BTL mortgage rates?

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Falling UK inflation could herald some good news for BTL landlords over the coming months, according to mortgage experts.

A reminder for landlords that electrical safety checks are mandatory

A reminder for landlords that electrical safety checks are mandatory

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Until recently landlords only had to concern themselves gas safety checks - but now all residential landlords or their agents must arrange for regular electrical safety checks (every 5 years)

Court approves tough bankcruptcy limits on 'property guru'

Court approves tough bankcruptcy limits on 'property guru'

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Infamous property guru Glenn Armstrong, who misled dozens of investors by promising to make them rich, has been handed tough bankruptcy restrictions lasting 12 years.

Tenant pockets £5,000 from Tribunal after realising HMO was unlicenced

Tenant pockets £5,000 from Tribunal after realising HMO was unlicenced

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A tenant who discovered that his landlord had not licenced the HMO in which he lived is to pocket £5,000 after winning a rent repayment order (RRO) during a Tribunal hearing.

Spring Budget shortfalls: What was missing for landlords?

Spring Budget shortfalls: What was missing for landlords?

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In what was likely his last Budget Statement before the next General Election, Jeremy Hunt announced his plans for tax, housing, and cost-of-living measures. Where did the Budget fall short for the private rented market (PRS)?

Murder conviction bars landlord from running rental properties

Murder conviction bars landlord from running rental properties

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A landlord who was jailed for culpable homicide in 2008 has been refused permission to rent out flats in Glasgow, despite claiming he has taken ‘responsibility for his actions’ and moved on.

Escalating 'housing emergencies' are Government's fault, say Scots letting agents

Escalating 'housing emergencies' are Government's fault, say Scots letting agents

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Letting agents have blamed poor Scottish government policies for the growing number of councils declaring ‘housing emergencies’.

Heat pumps still 'too expensive' warns national spending watchdog

Heat pumps still 'too expensive' warns national spending watchdog

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Heat pump sales continue to be hampered by high costs, lown awareness and a lack of long-term financial support, the government’s spending watchdog has warned.

90% of landlords reject Scottish rent control plans, official poll reveals

90% of landlords reject Scottish rent control plans, official poll reveals

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Vast majority of landlords have flatly rejected future widespread rent control across Scotland, in a new Holyrood survey.

Landlord fined after tenant harrassment revealed in court

Landlord fined after tenant harrassment revealed in court

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A landlord has been ordered to pay £2,500 in fines, compensation and costs after he admitted harassing two of his tenants.

Will landlord MPs stymie the Rental (reform) Bill?

Will landlord MPs stymie the Rental (reform) Bill?

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Momentum appears to be growing to torpedo the controversial legislation as evidence emerges that the Bill is ‘close to collapse’ in Parliament.