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Boost in BTL data reflects activity of larger wealthier landlords

Boost in BTL data reflects activity of larger wealthier landlords

News

Financial experts have greeted resurgent buy-to-let market data with caution, suggesting that larger wealthier landlords are simply taking a bigger share of the sector.

Average rents in England rise for the third month in a row to £1,213 in March

Average rents in England rise for the third month in a row to £1,213 in March

News

The average price of a rental property in England rose for the third month in a row to £1,213 in March, it has been revealed.

London properties offered at historic discounts

London properties offered at historic discounts

News

Investors can snap up prime central London properties at historic discounts equivalent to those seen in the early 1990s, according to new research by Savills.

Half of renters lack contents insurance, Monzo claims

Half of renters lack contents insurance, Monzo claims

News

Half of private renters either don’t have contents insurance or don’t know what it is, leaving them financially vulnerable to theft, damage, or loss.

Only 2.5% of rented homes affordable for benefit tenants

Only 2.5% of rented homes affordable for benefit tenants

News

Only 2.5% of private rented properties listed in England were affordable for people on housing benefit between April and October last year according to Crisis, down from 12% in 2021 to 22.

Billionaire landlord ordered to repay £263K for unlicensed HMOs

Billionaire landlord ordered to repay £263K for unlicensed HMOs

News

A billionaire landlord has been ordered to repay tenants £263,555 for operating two East London buildings as unlicensed HMOs.

House price growth steady despite stamp duty changes

House price growth steady despite stamp duty changes

News

House price growth remained steady last month, but is expected to soften in the coming months as the stamp duty holiday comes to an end.

Third of landlords plan to sell in next year, says Landbay

Third of landlords plan to sell in next year, says Landbay

News

More than a third of landlords plan to offload some of their rental properties in the next 12 months, according to a new survey.

Avoid repeat of rent restrictions, urges Scottish lawmakers

Avoid repeat of rent restrictions, urges Scottish lawmakers

News

Letting agents have urged Scottish lawmakers not to repeat the mistake of restricting rents that has ultimately increased costs for tenants.

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Average holiday home investor income rises by 59% since 2019

Average holiday home investor income rises by 59% since 2019

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The UKs largest holiday home rentals website has published shocking figures that reveal the average income earned by property investors on its platform. Sykes Holiday Cottages Holiday Letting Outlook Report 2023 reveals that its average owner saw an income of �24,000 last

Tribunal slams councils for 'cash cow' licencing schemes that aren't needed

Tribunal slams councils for 'cash cow' licencing schemes that aren't needed

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A First Tier Property Tribunal has slammed Nottingham Council for covering large swathes of the city with licensing schemes rather than targeting rogue landlords, a 'temptation' it says is faced by other local authorities. Justice for Tenants brought a case on behalf of a tenant

Shrinking buy-to-let could see a buy-to-let mortgage drought

Shrinking buy-to-let could see a buy-to-let mortgage drought

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As landlords continue to exit the buy-to-let market, to the detriment of their tenants, could this rout also lead to buy-to-let mortgage lenders following their lead? This is a question posed by Chloe Cheung writing for the FT this last weekend. Its a serious question, a deve

Letting agents back HMO council tax re-banding reform proposals

Letting agents back HMO council tax re-banding reform proposals

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Letting agents have backed the Governments decision to reform the way HMO properties are banded for council tax. Propertymark, which represents the estate agency sector, says in its submission to a consultation by the Department of Levelling Up, Housing and Communities that p

LATEST: Greens say 'immediate' rent freeze is only answer to housing crisis

LATEST: Greens say 'immediate' rent freeze is only answer to housing crisis

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Landlords wanting to back the eco movement may want to pause for thought after the Green Party today vowed to bring in an immediate rent freeze and no-fault eviction ban to tackle the housing crisis. During an election campaign visit to Suffolk, party co-leaders Carla Denyer and

Landlord jailed after ignoring court order to improve rat-infested property

Landlord jailed after ignoring court order to improve rat-infested property

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A rogue landlord has been jailed for 10 months after he failed to comply with conditions set by a court concerning his rat-infested property. Martin Ambler admitted four counts of breaching a criminal behaviour order in May 2022 but sentencing was deferred so that he could instr

Have you been hit by the 'cost of landlording' crisis? Here's some help

Have you been hit by the 'cost of landlording' crisis? Here's some help

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There is a lot of talk at the moment about how rents are up by 11% across the UK and although I know its tough on renters, landlord costs have, in many cases, doubled. This includes mortgage premium payments following interest rates rises from 0.5% to 4% in just 12 months, an

Tory think-tank and Shelter push for three-year tenancies for PRS

Tory think-tank and Shelter push for three-year tenancies for PRS

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The government should introduce three-year tenancies to protect tenants from uncertainty and rising rents, according to a liberal conservative think tank report. The Bright Blue group has teamed up with Shelter to publish, <strong id

NEW: Coalition slams Scots Government over rent cap and evictions freeze

NEW: Coalition slams Scots Government over rent cap and evictions freeze

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Landlords have heavily criticised the Scottish governments decision to implement its evictions freeze and rent cap without a proper consultation. The measures, which were widely criticised earlier this year for being rushed through, are now being fought by a coalition of orga

Rightmove: 'Help landlords pay for energy efficiency upgrades'

Rightmove: 'Help landlords pay for energy efficiency upgrades'

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Rightmove has called for more green home incentives for the private rented sector after its poll showed a big fall in landlords planning to make improvements to their properties.

Gove backs landlords and say he's 'listening to rebel MPs'

Gove backs landlords and say he's 'listening to rebel MPs'

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Michael Gove has voiced his support for landlords and insists he wants to make the Renters (Reform) Bill work for them.

Scots tenants told to confront landlords over rent rises

Scots tenants told to confront landlords over rent rises

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The Scottish government has urged tenants to tackle unfair tenancies before the emergency rent cap and additional evictions protections end on 31st March.

TV investigation warns landlords over title fraud by tenants

TV investigation warns landlords over title fraud by tenants

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Landlords have been warned by a TV programme to watch out for tenants who attempt to steal their properties via title fraud.

Councils call for eviction notice periods to be doubled to four months

Councils call for eviction notice periods to be doubled to four months

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Council leaders are the latest group to lobby Michael Gove over the Renters (Reform) Bill, urging him to extend notice periods for evictions from two to four months.

New amendments to Renters (Reform) Bill published by rebel MPs

New amendments to Renters (Reform) Bill published by rebel MPs

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The group of rebel Tory MPs backing moves to make significant changes to the Renters (Reform) Bill has today published its comprehensive list of amendments, along with the full names of the 49 MPs within the group (see list at end).

Report questions council's 'ringfencing' claim for landlord fees

Report questions council's 'ringfencing' claim for landlord fees

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A financial report has revealed Nottingham Council’s struggle to keep money raised from selective licensing ring-fenced.

'Court reform delays mean binnng Section 21 must be reconsidered'

'Court reform delays mean binnng Section 21 must be reconsidered'

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The Government has delayed its already-announced reforms of the courts, making it even less likely that the UK’s County Courts will be ready to take on the extra work created by banning Section 21 evictions, it has been claimed.

Rebel MPs on brink of 'pro-landlord' changes to reform bill

Rebel MPs on brink of 'pro-landlord' changes to reform bill

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The Government has taken on board a list of changes to the Renters (Reform) Bill requested by some 50 rebel Tory MPs, it has been reported

BLOG: When landlords talk to their MPs, politicians listen

BLOG: When landlords talk to their MPs, politicians listen

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The anticipation surrounding the Renters (Reform) Bill has remained a constant topic recently, with discussions over the timing of the abolition of Section 21 constantly fluctuating.

Minister admits 'errors' within identity system for overseas tenants

Minister admits 'errors' within identity system for overseas tenants

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The Government has admitted that the issuing of Biometric Residence Permits (BRPs), which are used by non-UK citizens to prove they have a right to rent properties, has been taking too long.

Landord fined £1.4m and has rental property confiscated

Landord fined £1.4m and has rental property confiscated

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An absentee landlord has been stung with a £1.44 million penalty after he continually broke planning rules in a decade-long stand-off with Ealing Council.

Report urges Labour to spend £11.8bn on affordable rented homes

Report urges Labour to spend £11.8bn on affordable rented homes

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Building 90,000 social homes a year will end the housing emergency and pay for itself within three years due to the wider economic benefits, according to a study by Shelter and the National Housing Federation.

ADVICE: How to deal with tenants who fake tenancy applications

ADVICE: How to deal with tenants who fake tenancy applications

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Tom Entwistle passes on some thoughts on dealing with tenant selection and securing a good tenant-letting in the current economic climate

Council chases former landlord for tenant's 20-year tax debt

Council chases former landlord for tenant's 20-year tax debt

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A former landlord has been ordered to pay a council tax demand dating back nearly 20 years.

Landlord pays heavy price for ignoring Improvement Order

Landlord pays heavy price for ignoring Improvement Order

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A rogue landlord has been ordered to pay more than £9,000 for ignoring notices to improve his dangerous property.

Major building society stops lending to holiday let investors

Major building society stops lending to holiday let investors

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Leeds Building Society has stopped lending to investors buying holiday lets in areas of North Norfolk and North Yorkshire in a bid to relieve pressure on local housing.

Lords to put letting agents' service quality under spotlight

Lords to put letting agents' service quality under spotlight

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The quality of service provided by letting agents to landlords is under the spotlight again after an influential group within the Lords revealed it is to probe into the sector.

Rebel Tory MPs seek amendments to renting reform

Rebel Tory MPs seek amendments to renting reform

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It has been confirmed over the weekend that a group of 49 ‘rebel’ Tory MPs are working hard have the Renters (Reform) Bill amended.

MPs given more details on holiday short-lets clampdown

MPs given more details on holiday short-lets clampdown

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MPs have been given more details of the Government’s plans to clamp down on holiday lets in tourism hotspots following Michael Gove’s announcement this week.

Few councils policing minimum EPC rules or issuing fines

Few councils policing minimum EPC rules or issuing fines

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Minimum energy efficiency standards (MEES) are not being enforced by overstretched councils who cannot keep any income they make from fines imposed for breaches.

HMRC's digital tax reporting scheme to cost landlords £460

HMRC's digital tax reporting scheme to cost landlords £460

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Landlords will have to fork out an extra £460 to use the new Making Tax Digital for Income Tax Self-Assessment system.

Spray foam industry acknowledges problems with 'cowboy operators'

Spray foam industry acknowledges problems with 'cowboy operators'

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Landlords who have used cowboy spray foam firms to insulate their properties are to be offered help by one of the main trade associations for the sector.

Most tenants and landlords say Tory PRS policies 'wrong'

Most tenants and landlords say Tory PRS policies 'wrong'

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A staggering 94% of renters don’t have confidence in the government’s approach to housing, according to a poll by SpareRoom.

Big city council seeks more powers to curb HMOs

Big city council seeks more powers to curb HMOs

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Salford Council wants new powers to help stem the growth of HMOs in the city.