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RICS survey indicates global downturn in commercial property market

RICS survey indicates global downturn in commercial property market

News

The RICS global Commercial Real Estate Market Monitor (Q3 2022) is indicating that the sector is in the early stages of a downturn. Thats according to around 81% of the surveys respondents in Q3 2022. It marks a significant increase from the previous quarter sample when just 11% of th

Landlord vents anger at councils who tell bad tenants to ignore eviction notices

Landlord vents anger at councils who tell bad tenants to ignore eviction notices

News

A concerned landlord has shared his frustration at the way councils manage problem tenants facing eviction by telling them to stay put while they are found alternative accommodation, informing the tenants that they will be making themselves 'intentionally homeless' if they move out. <p i

London rents rise faster than inflation to �1,499 a month as tenants fight over flats

London rents rise faster than inflation to �1,499 a month as tenants fight over flats

News

Continued demand for detached properties and a post-Covid resurgence in rent for flats has pushed annual increases in London above inflation. Average rents have accelerated by 4% to �1,499 during Q3 more than double the previous quarters rise and up 11% (�160) highe

LATEST: 'Rishi' effect kicks in as mortgage rates begin to reduce

LATEST: 'Rishi' effect kicks in as mortgage rates begin to reduce

News

The Rishi effect has started to impact mortgage rates just a day after the new PM was announced. As former Chancellor Rishi Sunak moves into number 10, some lenders have announced plans to drop their rates from tomorrow; Coventry Building Society is reducing its new busine

City to fine landlords up to �5,000 for failing to attain EPC E rating for properties

City to fine landlords up to �5,000 for failing to attain EPC E rating for properties

News

Nottingham landlords could face a �5,000 fine if their property doesnt have an EPC E rating as the city council bids to crack down on cold homes. The authority has agreed to adopt financial penalties under the Energy Efficiency (Private Rented Property in Engla

Navigating soaring energy bills and the cost of living crisis - Property podcast - Total Landlord Insurance

Navigating soaring energy bills and the cost of living crisis - Property podcast - Total Landlord Insurance

Podcast

In this episode of The Property Cast, Eddie and Paul welcome energy expert and Head of Tenancy Services at Goodlord, Rik Smith. Drawing on his in-depth knowledge of the residential energy market, Rik cuts through the jargon to explain what is happening in the energy market at la

Legislation: What do landlords and agents need to know?

Legislation: What do landlords and agents need to know?

Podcast

In this episode of The Property Cast, we discuss how landlords and agents can stay on top of their legal obligations. Landlords now have to meet 168 rules and regulations to let a property legally, but what are the latest legislative updates that landlords and agents need to kno

Decarbonising the rented sector - what do landlords need to know?

Decarbonising the rented sector - what do landlords need to know?

Podcast

The Property Cast returns for 2022 and our first episode discusses what the Governments strategy is to achieve decarbonization of the private rented sector? What is the NRLA doing to support landlords? And what do landlords need to know? Eddie and Paul are joined by CEO of th

House prices soared 14% in the last 12 months, how far will they fall?

House prices soared 14% in the last 12 months, how far will they fall?

News

With inflation now into double figures, with all the financial shenanigans over the mini budget, the 10 year risk free bond yield at around 5 percent, its sending mortgages rates above 6 per cent, so how low will house prices go? It seems inevitable prices will fall, but by h

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Westminster green-lights huge selective licensing scheme for landlords

Westminster green-lights huge selective licensing scheme for landlords

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Westminster City Council has given the go-ahead to a huge new selective licensing scheme covering 15 of the London borough’s 18 wards.

EXPERTS: Inflation rise to delay interest rate cut until August

EXPERTS: Inflation rise to delay interest rate cut until August

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News
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Landlords could face higher mortgage rates for longer after inflation jumped by more than expected last month to 3.5%.

OFFICIAL: 24% of landlords looking to sell up this year

OFFICIAL: 24% of landlords looking to sell up this year

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News
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A data gathering exercise by the Government has highlighted new and sometimes surprising facts about the UK’s landlords and their properties, including why a quarter are plannig to sell of properties over the next 12 months.

Making commonhold default tenure will have 'unintended consquences'

Making commonhold default tenure will have 'unintended consquences'

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News
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A leading leasehold expert has warned that commonhold reforms will hit property values and shift costs onto individual flat owners including those belonging to private landlords.

Landlord's electricity meter switch off 'nightmare' highlights big problems

Landlord's electricity meter switch off 'nightmare' highlights big problems

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News
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A Glasgow landlord fears his tenants could be left without heating or hot water after his energy supplier delayed replacing their Radio Teleswitch Service (RTS) meter.

'This is not 1915' - leading academic warns ministers over new rent controls

'This is not 1915' - leading academic warns ministers over new rent controls

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News
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Duncan McLennan says harking back to previous rent control experiments isn't realistic, and that a 'revolution in home building' is needed instead.

Have you got houses for sale? We have 30,000 buyers ready right now

Have you got houses for sale? We have 30,000 buyers ready right now

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Landlord Sales Agency helps landlords sell quickly, often in under 28 days, at strong prices even with tenants. With market changes coming, now is the time to act.

Big midlands council says new £1,100 HMO licences 'justified'

Big midlands council says new £1,100 HMO licences 'justified'

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News
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Peterborough defends decision to bring some 1,800 smaller HMOs into its licensing clutches.

'Historic shift' from residential to commercial property revealed

'Historic shift' from residential to commercial property revealed

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News
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Report from Handelbanken paints picture of regulation bearing down on investor sentiment with predictable results.

Council widens £695 selective licencing for landlords

Council widens £695 selective licencing for landlords

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News
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All private landlords in parts of Scarborough will have to get a selective licence from 1st June under council plans to tackle poor quality accommodation and anti-social behaviour.

Landlords in NI told to renew national licence or face big fine

Landlords in NI told to renew national licence or face big fine

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News
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Landlords in Northern Ireland are being reminded to renew their registration or face a heavy fine. 

MP slams Airbnb for 'clearing out' longer-term lets

MP slams Airbnb for 'clearing out' longer-term lets

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News
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Former Lib Dems leader Tim Farron has slammed Airbnb and other holiday lets platforms for creating a ‘clearance’ of long-term rental homes from his Lakeland constituency.

Landlords urge caution as new housing minister plans reforms

Landlords urge caution as new housing minister plans reforms

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Jersey’s private landlords have urged the island’s new Housing Minister to find the right balance when he revives stalled protections for landlords and tenants.

Labour landslide 'best outome for PRS' says landlording expert

Labour landslide 'best outome for PRS' says landlording expert

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A Labour landslide could be a better outcome for buy-to-let landlords than if the party wins the next election by a small majority, according to a leading property guru.

Interest rate hold: Will landlord mortgage costs now go down?

Interest rate hold: Will landlord mortgage costs now go down?

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News
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The base interest rate used by many lenders to determine mortgage costs for landlords is to be held at 5.25% for the fourth time in a row, the Bank of England’s Monetary Policy Committee has decided today.

Council reassures landlords over problems with licence system

Council reassures landlords over problems with licence system

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News
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Southwark Council has reassured landlords that they won’t be lose out on an early bird discount after they reported problems accessing its updated online licensing system.

Support landlords with tax breaks says leading estate agent

Support landlords with tax breaks says leading estate agent

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News
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A leading agent has urged the government not to rely solely on private landlords’ resilience if it wants to stop more from quitting the sector.

Labour vows to make private landlords adopt 'Awaab's Law'

Labour vows to make private landlords adopt 'Awaab's Law'

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News
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Labour will extend ‘Awaab’s Law’ into the private rented sector if it wins power at the next General Election, its Deputy Leader Angela Rayner has revealed.

Legal case: the largest ever service charges dispute

Legal case: the largest ever service charges dispute

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News
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The exact wording in leases is so very important when it comes to landlord - tenant disputes with commercial and residential property leases

Government to spend £70bn housing benefit tenants in private rented homes

Government to spend £70bn housing benefit tenants in private rented homes

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News
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The extent of the Government’s reliance on private landlords to provide housing for those on benefits after years of under-investment in affordable homes has been revealed.

BREAKING: Government to bar problem tenants from social housing

BREAKING: Government to bar problem tenants from social housing

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News
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A proposed shake-up of social housing would tighten allocation rules and allow landlords to get tougher on anti-social tenants.

Will landlords get some (tax) relief during the Spring budget?

Will landlords get some (tax) relief during the Spring budget?

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Signs that landlords may see their tax bill reduced during the Spring Budget on March 6th have emerged from parliament following a question in the Lords.

Half of councils don't talk to local landlords, probe reveals

Half of councils don't talk to local landlords, probe reveals

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News
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A lack of council-organised landlord gatherings could hamper the Renters Reform Bill’s ambitions, according to Propertymark.

UPDATED: Anti-social behaviour is a nightmare for landlords to deal with

UPDATED: Anti-social behaviour is a nightmare for landlords to deal with

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News
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Problem tenants are difficult to deal with for landlords at the best of times. The government's promise to introduce a fast-track process to deal with anti-social behaviour sounds promising, but can it work in practice?

Tenants warned over using 'no-win, no-fee' legal firms against landlords

Tenants warned over using 'no-win, no-fee' legal firms against landlords

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News
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Tenants have been urged to be wary of ‘no-win, no-fee’ solicitors who deal with private rental sector cases after an almost farcical case in London.

New rental property portal 'must include accessibility info' say campaigners

New rental property portal 'must include accessibility info' say campaigners

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News
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Disability rights groups have called on the government to include information about accessibility for disabled people on its new property portal due to go live next year.

NRLA and property fraud service reveal partnership

NRLA and property fraud service reveal partnership

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News
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A service that alerts landlords when fraudulent tenants try to ‘steal’ their properties via title fraud has struck a deal with the National Residential Landlords Association (NRLA).

City claims aggressive licencing scheme has cost landlords £250,000

City claims aggressive licencing scheme has cost landlords £250,000

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News
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Sheffield Council has boasted that up to 800 people have been protected from risky buildings thanks to its selective licensing scheme after landlords were told to spend £250,000 doing up properties.

Leading education thinktank slams Government's rental reforms

Leading education thinktank slams Government's rental reforms

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News
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The Renters (Reform) Bill will reduce rather than enhance housing rights for students, according to the former CEO of student housing charity Unipol.

Big council to spend £19m finding benefit tenants private rental homes

Big council to spend £19m finding benefit tenants private rental homes

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Liverpool Council aims to source 400 private sector properties in a bid to house growing numbers of homeless people in the city.

Some renters' terrible behaviour revealed by new tenancy breach research

Some renters' terrible behaviour revealed by new tenancy breach research

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News
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The key tenancy breaches by tenants reported by landlords have been revealed with non-payment of rent, dirty homes and failing to report repairs and maintenance issues as the most common.

Landlord reveals 20-year slog to a £6m rental portfolio

Landlord reveals 20-year slog to a £6m rental portfolio

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An ambitious landlord who bought his first property aged 18 now has an impressive property portfolio worth £6 million 20 years later.

Agents report unusually quiet rental property market

Agents report unusually quiet rental property market

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Fewer would-be tenants registered with letting agents in December, while rental stock levels also dipped during the typically quieter seasonal period.

BBC probes complaint against infamous Scots landlord

BBC probes complaint against infamous Scots landlord

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A tenant has told of how a man – who he believes is landlord and controversial businessman Mark Fortune – threatened him over a rent row.