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UK Property Market Summary and Predictions for 2023

UK Property Market Summary and Predictions for 2023

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Read the UK property market recap with expert forecasts for 2023 and 2024, from price trends to investor insights.

Landlords are now selling at a record rate despite house price falls

Landlords are now selling at a record rate despite house price falls

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In an almost unanimous decision, landlords are throwing in the towel, opting to take the cash and sell their property portfolios. It seems that the gravy train for buy-to-lets

Political battles intensify over spread of noisy student HMOs in NI

Political battles intensify over spread of noisy student HMOs in NI

News

Northern Ireland officials have refused to get tougher on HMO landlords despite pleas from Belfast councillors that parts of the city are becoming over-run and affected by ant

Rental deposit alternatives catching on as interest rates and rents rise - claim

Rental deposit alternatives catching on as interest rates and rents rise - claim

News

Growing numbers of tenants are turning to deposit alternative products as inflation, high rents and interest rate rises make it more attractive to hold on to their money to sp

Letting agencies warned over 'illegal and outrageous' deposit deductions

Letting agencies warned over 'illegal and outrageous' deposit deductions

Opinion

A shocked landlord has revealed on social media that their letting agency illegally deducted its �tenant finding' fee from the tenancy deposits of the renters involved.</p

'Build-to-Rent doesn't cherry pick posh tenants' insists leading figure

'Build-to-Rent doesn't cherry pick posh tenants' insists leading figure

News

The boss of a build-to-rent (BTR) property search website has insisted the sector is not out to only attract more affluent tenants, despite criticism in the past that it does.

Ministry of Justice releases repair guide for private tenants

Ministry of Justice releases repair guide for private tenants

Information

The Ministry of Justice launches a tool to help tenants address repair issues with landlords, guiding them through legal options and support services.

Tribunals 'not fair and weighted towards tenants' says frustrated landlord

Tribunals 'not fair and weighted towards tenants' says frustrated landlord

News

A landlord who's being threatened with a massive rent repayment order has told of his frustration at a court system that is unfairly weighted towards tenants.

Landlords need clarity on changes to EPCs before it's too late, says property firm

Landlords need clarity on changes to EPCs before it's too late, says property firm

News

A well-known property firm has made the unusual move of criticising the Government for not letting landlords know how they will afford and implement the proposed tightending o

Landlords say they'll 'shut down HMOs' if new rules aren't amended

Landlords say they'll 'shut down HMOs' if new rules aren't amended

News

Scores of HMO landlords in Portsmouth have threatened to sell up or convert their properties to family lets once a new additional scheme launches next month.

Court delays for landlords at their worst for 30 years

Court delays for landlords at their worst for 30 years

News

Evictions expert Paul Shamplina says UK court delays for landlords are the worst ever he’s seen during his legal career within the private rented sector.

NEW: More landlords selling properties than buying as pressure builds on BTL

NEW: More landlords selling properties than buying as pressure builds on BTL

News

The full impact of Tory policies and rising mortgage interest rates have been highlighted by new research commissioned by the National Residential Landlords Association (NRLA)

Landlords looking to re-mortgage 'should fix ASAP before another rate rise'

Landlords looking to re-mortgage 'should fix ASAP before another rate rise'

News

Specialist buy-to-let broker Mortgages For Business (MFB) has urged landlords approaching re-mortgage to secure a new rate as early as possible following the latest update on

Court delays for landlords evicting tenants 'at their worst for 30 years'

Court delays for landlords evicting tenants 'at their worst for 30 years'

News

Evictions expert Paul Shamplina says UK court delays for landlords are the worst ever he's seen during his career within the private rented sector.

Landlords face £4,000 loss due to rising mortgage rates

Landlords face £4,000 loss due to rising mortgage rates

News

Landlords have effectively lost more than �4,000 in earnings per property during the last year thanks to soaring mortgage rates and rising costs.

Landlord shocked after bank paints unauthorised mural all over rented house

Landlord shocked after bank paints unauthorised mural all over rented house

News

Even upmarket landlords face 'stark choices' now says leading property figure

Even upmarket landlords face 'stark choices' now says leading property figure

News

Landlords in the capital's prime rental sector are facing a stark choice between topping up a rent shortfall or selling up.

Impending oil boiler ban will affect many rental properties

Impending oil boiler ban will affect many rental properties

Information

UK's oil boiler ban for off-grid homes delayed to 2035; landlords face retrofit challenges with heat pumps in rural properties.

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Landlord duo to pay huge fine over dangerous properties in Midlands

Landlord duo to pay huge fine over dangerous properties in Midlands

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A landlord couple in Nottinghamshire have been given one of this year’s largest fines for operating unsafe rental properties.

UPDATED: consider these things before you increase your tenant’s rent

UPDATED: consider these things before you increase your tenant’s rent

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With costs increasing, landlords are being forced to contemplate rent increases. If you go down this road you need to be aware and follow the rules.

COMMENT: when a minister acts like a landlord, the house comes tumbling down

COMMENT: when a minister acts like a landlord, the house comes tumbling down

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What does Rushanara Ali’s tale tell us about the current state of landlording, about buy-to-let ethics, evictions and the Renters’ Rights Bill?

Welsh holiday lets landlords face huge 'retrospective' tax bills

Welsh holiday lets landlords face huge 'retrospective' tax bills

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Owners of holiday lets in North Wales have been handed huge council tax demands after failing to realise the country’s new occupancy targets were retr

Professional landlords 'the future of privated rented sector' claims tech boss

Professional landlords 'the future of privated rented sector' claims tech boss

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News
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Larger, professional landlords are best placed to take the private rented sector says Sam Humphreys.

Million rented homes won't pass upgraded Decent Homes Standard

Million rented homes won't pass upgraded Decent Homes Standard

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More than one in five private rented homes in England would be illegal to rent once proposed changes to the Decent Homes Standard take effect.

Minister resigns after controversial eviction but says she did 'nothing wrong'

Minister resigns after controversial eviction but says she did 'nothing wrong'

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After a barrage of criticism over the way she evicted tenants from her property, Rushanar Ali has stepped down.

Minister's controversial eviction 'will not be possible under her own rental reforms'

Minister's controversial eviction 'will not be possible under her own rental reforms'

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News
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TV star Paul Shamplina has pointed out the difficult position homeless minister Rushanara Ali has put herself into.

Landlord pays VERY heavy price for ignoring licensing scheme

Landlord pays VERY heavy price for ignoring licensing scheme

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Rogue operator Shamsua Huda has been handed a whopping £33,698 fine for ignoring orders to license his HMO.

Safe as houses

Safe as houses

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Safe as houses: exploring landlord responsibilities and best practices for secure, compliant rental properties.

Treasury says it wants 'landlords to quit sector'

Treasury says it wants 'landlords to quit sector'

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The Government wants more private landlords to sell their properties and exit the market, commentary within Jeremy Hunt’s Spring Statement briefing document has revealed.

Generation Rent calls for holiday lets to be licenced

Generation Rent calls for holiday lets to be licenced

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Generation Rent has called for even stronger action to be taken against holiday lets which it says have been “making life a misery” for renters in the UK’s most popular tourist destinations.

Could American “mega-landlords” buying portfolios be the lifeline British landlords need to get out?

Could American “mega-landlords” buying portfolios be the lifeline British landlords need to get out?

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As the UK government struggles to help landlords facing tough financial situations, landlords have rallied together to help themselves.

BREAKING: Chancellor reveals bombshell budget for landlords

BREAKING: Chancellor reveals bombshell budget for landlords

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Landlords received a surprise hand-out from Chancellor Jeremy Hunt when he cut the higher rate of Capital Gains Tax from 28% to 24% in today's Spring statement.

Shadow chancellor backs selective licencing expansion

Shadow chancellor backs selective licencing expansion

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Labour’s shadow chancellor Rachel Reeves has backed the expansion of a selective licencing scheme within her local constituency.

The compulsory registration of leases with the Land Registry

The compulsory registration of leases with the Land Registry

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Since October 2003 tenants have been obliged, as a tenant of a commercial or residential leasehold property, to formally register the lease with the Land Registry

2.8m bookings in three months! Official data reveals hottest holiday let areas

2.8m bookings in three months! Official data reveals hottest holiday let areas

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Short-let property owners in Cornwall, Edinburgh and Westminster had the most bookings in the UK last summer.

Smaller landlords 'need protection from rogues too' says Trading Standards

Smaller landlords 'need protection from rogues too' says Trading Standards

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Smaller landlords need as much protection as tenants, a Lords committee inquiry into the regulation of property agents has been told.

'Squeezing holiday lets will not solve housing crisis'

'Squeezing holiday lets will not solve housing crisis'

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Holiday let owners are being unfairly scapegoated in the guise of controlling rising house prices and availability, according to one holiday rental agency.

Council and police step in to help landlord evict nightmare tenant

Council and police step in to help landlord evict nightmare tenant

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Liverpool City Council and Merseyside Police have stepped in to help a landlord evict his nightmare tenant.

Student housing sector 'in crisis' warns coalition of providers

Student housing sector 'in crisis' warns coalition of providers

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The Government is doing too little to support the student landlords and many places are short of accommodation for second- and third-year graduates, a new poll has found.

'Hostility to landlords has cost Scotland 22,000 rental properties'

'Hostility to landlords has cost Scotland 22,000 rental properties'

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Almost 22,000 homes may have been lost in Scotland during the last year due to perceived hostility towards landlords and concerns over increasing regulation.

Landlord must pay back £20,000 to posh tenants, says Tribunal

Landlord must pay back £20,000 to posh tenants, says Tribunal

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An absentee landlord who used the excuse of not speaking good English and delegated property management to a family member has been stung with a £20,700 rent repayment order.

Sadiq Khan boosts cash for service that fights evictions

Sadiq Khan boosts cash for service that fights evictions

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Mayor of London Sadiq Khan has increased his funding to support and advise private renters exploited by rogue landlords and facing illegal eviction.

Landlords falling behind with their mortgage payments, numbers soar

Landlords falling behind with their mortgage payments, numbers soar

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The number of buy to let (BTL) landlords falling into arrears climbed significantly in recent times

HMO software giant 'pockets' Rick Gannon's Go Tenant

HMO software giant 'pockets' Rick Gannon's Go Tenant

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The UK’s leading HMO management software for landlords, COHO, has bought rival Go Tenant for an undisclosed sum.

Chancellor 'preparing tax raid on holiday-let property owners'

Chancellor 'preparing tax raid on holiday-let property owners'

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Chancellor Jeremy Hunt is considering a tax raid on holiday let owners, it emerged over the weekend.

Landlords call on Chancellor to fix LHA gap during Budget

Landlords call on Chancellor to fix LHA gap during Budget

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The NRLA has urged Chancellor Jeremy Hunt to definitively fix the broken housing benefit system by tackling the Local Housing Allowance (LHA) funding gap.

Rental market still 'running hot' says big lettings platform

Rental market still 'running hot' says big lettings platform

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Rents increased in February for only the second time in the last six years as the market continues to run hot.

Plans to end selective licencing 'concerning' say environmental health chiefs

Plans to end selective licencing 'concerning' say environmental health chiefs

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The Chartered Institute of Environmental Health (CIEH) has voiced concern about a new property portal threatening the future of selective licensing.

Unusual rental ad sparks debate over 'lodgers'

Unusual rental ad sparks debate over 'lodgers'

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An advert on Spareroom.com has sparked a debate about the unusual nature of ‘lodgers’ versus ‘tenants’ after a family in London advertised for someone to look after their children, pay rent but only live there during the weekdays.

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.