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'FEELING THE SQUEEZE': Third of tenants spending half their salary on rent

'FEELING THE SQUEEZE': Third of tenants spending half their salary on rent

News

More than one in three tenants in the UK spend at least half their salary on rent, according to new data from flat-share site SpareRoom. Its poll of 11,000 private renters reveals that 81% spend more than 30% of their take-home pay on rent, leaving them rent burdened, mean

Annual rent inflation climbs again hitting nearly 5% across much of UK

Annual rent inflation climbs again hitting nearly 5% across much of UK

News

Rent inflation continued to climb last month up by 0.1% to 4.7%, the Governments latest data for England shows. The Official for National Statistics (ONS) reports the annual increase, which compares the 12 months to the end of April 2023 to the previous months rent data.</

LISTEN IN: The Renters (Reform) Bill - what do the experts think?

LISTEN IN: The Renters (Reform) Bill - what do the experts think?

News

In this bonus episode of The Property Cast, Sean Hooker, Head of Redress at the Property Redress Scheme, and leading property expert Kate Faulkner OBE, share their initial reactions to the Renters (Reform) Bill. In perhaps the biggest shake-up of the private rented sector in ove

POLL: Portfolio landlords moving to commercial as PRS becomes more difficult

POLL: Portfolio landlords moving to commercial as PRS becomes more difficult

News

Large portfolio&nbsp;landlords are feeling upbeat despite the tough economic climate, with many eyeing the commercial sector for their next property purchase. The https://www.handelsbanken.co.uk/en/about-us" target="_blank" Handelsbanken </a

Leasehold WILL be abolished if we get into power, promises Labour

Leasehold WILL be abolished if we get into power, promises Labour

News

Labour has vowed to abolish the leasehold system as soon as it comes to power following Michael Goves U-turn earlier this month. The Housing Secretary dropped https://www.landlordzone.co.uk/news/new-gove-sets-sights-on-scrapping-leasehold-ownership/" target="_blank"

LATEST: Decent Homes Standard 'missing' from Renters (Reform) Bill

LATEST: Decent Homes Standard 'missing' from Renters (Reform) Bill

News

Environmental health bodies are to press the government on why it omitted plans for a Decent Homes Standard in the Renters (Reform) Bill. Despite including most of the promised draft legislation, the expected standards were missing and only mentioned in an accompanying press rel

'Fixed term tenancies MUST be preserved within reform bill for students lets'

'Fixed term tenancies MUST be preserved within reform bill for students lets'

News

A proposed ban on fixed-term tenancies could penalise students amid an already heightened rental crisis in many cities. According to student rentals platform StuRents�

Battle over holiday lets hots up as campaigning MP holds meeting

Battle over holiday lets hots up as campaigning MP holds meeting

News

The increasingly rancourous debate between Airbnb landlords and legislators will come to a head in York this week as the city's MP convenes a public meeting to discuss the growing problem of short lets within its walls. MP Rachel Maskell (main picture) is one of six mostly Labou

'This is why built-to-rent will outperform BTL in the long term'

'This is why built-to-rent will outperform BTL in the long term'

News

Property management professional David Goldberg recently revealed that in the long term, investing in so-called build-to-rent developments will prove to be more profitable for investors than buy to let. He claimed that built-to-rent looks to be a win-win for both tenant

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Next Government 'must fund better enforcement of rogue landlords'

Next Government 'must fund better enforcement of rogue landlords'

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Rogue landlords continue to give the sector a bad name because many councils enforce private rented sector standards weakly or not at all, a new report reveals.

Labour to help thousands of tenants get on the property ladder

Labour to help thousands of tenants get on the property ladder

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Labour has revealed an uncosted plan to help 80,000 young renters get onto the property ladder, assuming his party gains power atthe General Election.

WARNING: 'Bashing landlords will make PRS as bad as social homes'

WARNING: 'Bashing landlords will make PRS as bad as social homes'

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Standards in the PRS will soon fall to those in the social sector if regulation and licensing continues to push smaller landlords out, a leading letting agent and landlord has warned.

Landlords must update their home address or face fines, says judge

Landlords must update their home address or face fines, says judge

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Landlords need to update their home address with their local council’s property licensing department or risk a penalty, an appeal judge has ruled.

Landlords take council to High Court over 'rapacious' licensing fee

Landlords take council to High Court over 'rapacious' licensing fee

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News
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Disgruntled landlords have started legal action against Middlesbrough Council in a bid to squash its upcoming selective licensing scheme.

If you’re thinking of selling, here’s how to get the highest price for your properties this year

If you’re thinking of selling, here’s how to get the highest price for your properties this year

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We’ve all seen the headlines, from mixed-message articles to advice from experts and landlords, but if now REALLY is the best time to sell, how can we ensure we’re getting the highest amount in the fastest time?

Letting agents flag huge worries over landlords leaving market

Letting agents flag huge worries over landlords leaving market

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Letting agents are concerned that increasing numbers of landlords are exiting the market.

London rental market cools down but will rest of UK follow?

London rental market cools down but will rest of UK follow?

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The capital’s rental market continues to show signs of slowing down, with prices rising by just 1% year-on-year in May while the number of viewing request per property has dropped too.

Controversial landlord calls on Reform to back landlords with tax breaks

Controversial landlord calls on Reform to back landlords with tax breaks

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Fergus Wilson has questioned whether new Reform UK leader Nigel Farage would restore Landlord Tax to the previous headline rate and put Capital Gains Tax down to a flat 10% for all landlords - the level of tax paid if held in a company.

WARNING: Hunt's tax changes will hit landlords AND renters

WARNING: Hunt's tax changes will hit landlords AND renters

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News
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Changes to income and Capital Gains Tax (CGT) that came in over the weekend could mean reduced investment in the PRS and insurance premiums, warns an insurance expert.

TV star reveals London training day for landlords

TV star reveals London training day for landlords

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Paul Shamplina has assembled a panel of experts to run a training day this summer that will advise and coach landlords to navigate the tough economic and regulatory environment facing the privately rented sector.

ENERGY CAP: How much badly-insulated homes will cost tenants

ENERGY CAP: How much badly-insulated homes will cost tenants

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Poorly insulated homes will be sent annual gas bills about £340 – around 50% - higher than those with a C-rated Energy Performance Certificate (EPC) under Ofgem’s latest price cap, new research has found.

Is the staycation-fuelled holiday lets bubble bursting?

Is the staycation-fuelled holiday lets bubble bursting?

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News
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Holiday let owners are facing a significant dip in bookings this year as the sector feels the effects of the cost-of-living crisis, poor weather and an increasingly saturated market.

The dominoes may slowly fall as we head towards a distressed commercial market

The dominoes may slowly fall as we head towards a distressed commercial market

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News
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The UK’s commercial property sector is experiencing challenges: high interest rates, inflation, lower property values, and liquidity problems for lenders and borrowers.

'Rent repayment orders being used beyond their original purpose'

'Rent repayment orders being used beyond their original purpose'

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Some build-to-rent developments are increasingly falling foul of Rent Repayment Order (RRO) legislation, in a move away from its original aim to tackle poor HMOs, it has been claimed.

Thinktank battles landlords over evictions ban claims

Thinktank battles landlords over evictions ban claims

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The Social Market Foundation has argued that fears about stricter regulations reducing the supply of rental properties are ‘overblown’.

Tenant's jaw dropping makeover listed after pop star's campaign

Tenant's jaw dropping makeover listed after pop star's campaign

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A rented house which was transformed into a highly ornate classical ‘villa’ by its former tenant has been granted a Grade II listing.

Greens launch manifesto promising 'immediate rent freeze'

Greens launch manifesto promising 'immediate rent freeze'

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The Green Party is unlikely to win many votes from landlords after launching its manifesto ahead of a General Election later this year and the May 2nd local elections.

Landlords to repay former tenants £15,000 despite £11,000 rent arrears

Landlords to repay former tenants £15,000 despite £11,000 rent arrears

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A mother and son landlord duo are to repay their former tenants £15,000 in a case highlighting how the rent repayment order system can be very one-sided.

Warning: Are landlords being encouraged to sell too early?

Warning: Are landlords being encouraged to sell too early?

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By now you’ve probably heard of Landlord Sales Agency, and our articles that suggest the market is in favour of landlords selling.

Official 'local rents' tool launched for landlords

Official 'local rents' tool launched for landlords

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The Government has launched a service that enables landlords to see the rents being charged by other landlords in their area.

Number of 'home alone' renters drops by 8%, new data reveals

Number of 'home alone' renters drops by 8%, new data reveals

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The number of people renting homes by themselves has reduced significantly over the past three years as the cost-of-living crisis has hit many renters’ pockets, new research reveals.

Leaseholder-owning landlords urged to fill in form or face big bills

Leaseholder-owning landlords urged to fill in form or face big bills

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Landlords who own leasehold apartments in tower blocks are being urged to complete an official questionnaire or face being excluded from the protections afforded by the Building Safety Act (BSA).

NE of England landlord community goes national

NE of England landlord community goes national

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A community of landlords launched in the North of England six years ago has revealed that it is now going national after being given a new name.

All rise! Court eviction fees paid by landlords to increase by 10%

All rise! Court eviction fees paid by landlords to increase by 10%

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Landlords taking tenants to court to repossess properties face a significant hike in the fees they are charged by the courts to process their cases, it has been revealed.

BREAKING: New report questions role of property licencing

BREAKING: New report questions role of property licencing

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A rental property compliance service has pitched into the debate over whether the nation’s landlord licencing schemes are fair or, given the looming Renters (Reform) Bill proposals, needed.

Mortgage rates 'on their way down' claim experts

Mortgage rates 'on their way down' claim experts

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There is a growing consensus that mortgage interest rates will soon be heading south as house sales show signs of gaining momentum.

Landlord accused of barring gay renters from viewings

Landlord accused of barring gay renters from viewings

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A would-be student tenant has accused a landlord of making homophobic rules before agreeing to a house viewing.

Newspaper claims rebel Tory MPs 'funded by landlords'

Newspaper claims rebel Tory MPs 'funded by landlords'

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Rebel Tory MPs who lobbied for amendments to the Renters (Reform) Bill have received £450,000 in donations and earnings linked to landlords since the last general election, according to an investigation by the i newspaper.

Midlands landlords warned over licencing fees cliff-face

Midlands landlords warned over licencing fees cliff-face

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Landlords in a big Midlands city have been warned that they must apply for a licence for their properties by April 9th or face an additional £200 hike in the £1,090 cost of each three-year licence.

COMMENT: New book argues 'the end of landlords' would solve the housing crisis

COMMENT: New book argues 'the end of landlords' would solve the housing crisis

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Here Tom Entwistle digests some of this argument and makes a few comments of his own - join in the argument

LATEST: Housing minister changes mind on renting reforms - in landlords' favour

LATEST: Housing minister changes mind on renting reforms - in landlords' favour

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The Government has been moved to reassure Tory MPs that its Renters (Reform) Bill will not damage the private rented sector following the leaking of a letter by housing minister Jacob Young.

Prince William signs up landlords across UK to tackle homelessness

Prince William signs up landlords across UK to tackle homelessness

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The Prince of Wales is working with private landlords to help prevent and reduce homelessness in the UK, it has been revealed.

Bill to make evictions harder and limit rent rises 'wrong' say landlords

Bill to make evictions harder and limit rent rises 'wrong' say landlords

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The Scottish coalition Government has finally revealed its plans for the private rented sector including permanent rent controls, new rights to keep pets, decorate rented homes and stronger protection against eviction.