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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

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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

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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

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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

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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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HMO licencing to be expanded in York despite efforts to challenge scheme

HMO licencing to be expanded in York despite efforts to challenge scheme

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Small HMO landlords in York will need an additional licence in eight of the citys wards from 1st April after the council gave a new scheme the go-ahead. <figure id="" class="w-richtext-figure-type- " data-rt-type="" data-rt-align=""><div><img src="https://uploads-ssl.

Landlords prepare to do battle over city's proposed HMO licencing extension

Landlords prepare to do battle over city's proposed HMO licencing extension

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Landlords in Nottingham are preparing to fight an extension of the citys https://www.nottinghamcity.gov.uk/additionalhmo" target="_blank" additional licensing scheme , weeks after the council was warned that a second selective licensing scheme wou

Landlords hope Sturgeon exit will soften SNP's anti-landlord approach

Landlords hope Sturgeon exit will soften SNP's anti-landlord approach

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Scottish landlords hope that Nicola Sturgeons resignation may lead to a less aggressive approach towards the buy-to-let sector. The SNP leader has presided over a range of anti-landlord legislation since becoming first minister in 2014, including the recent rent and eviction

WARNING: Judge tells landlord ignorance is no defence against fine

WARNING: Judge tells landlord ignorance is no defence against fine

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A landlord has lost his appeal against a fine for renting out unlicensed properties after arguing that the sellers solicitor had failed to tell him about a selective licensing scheme. City Estate Holdings bought two houses in Westbourne Avenue, Gateshead, at auction in April

NEW: Tenant arrears drop to lowest level in five years as voids reduce too

NEW: Tenant arrears drop to lowest level in five years as voids reduce too

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The number of landlords whose tenants are in rent arrears has fallen to its lowest level since 2017, according to new research from Paragon Bank. Its poll of more than 750 landlords found that less than one third (32%) of landlords have had at least one tenant in arrears during

Dangers of rent-to-rent highlighted by landlord's �11k rent repayment order

Dangers of rent-to-rent highlighted by landlord's �11k rent repayment order

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A rent-to-rent landlord operating a flat in central London has been ordered to pay rent back to his tenants totalling just over �11,000 via a rent repayment order or RRO. The case highlights the challenges faced by rent-to-rent agreements, as the case involved a freeholder, lea

Tenants face 'bleak future' unless landlords are helped with rising mortgage costs

Tenants face 'bleak future' unless landlords are helped with rising mortgage costs

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Ballooning mortgage costs will make an already tight rental market even harder for tenants seeking affordable homes to let, landlords have warned. Their representative body the NRLA has published research that shows nearly two-thirds of landlords, based on

Landlords help test new England property portal

Landlords help test new England property portal

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Landlords & agents test the new England property portal ahead of launch: central database for landlords, properties, compliance & disputes.

Beware fake payslips when referencing tenants, landlords told

Beware fake payslips when referencing tenants, landlords told

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Half of all fraudulent tenancy applications involve fake or doctored pay slips, according to rent-tech platform Goodlord, which has warned landlords to be on their guard. Its anaylsis of more than 300,000 tenancy applications last year found that while only one in

Welsh city reveals 10% hike in HMO licencing fee

Welsh city reveals 10% hike in HMO licencing fee

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Newport City Council is expected to back a 10% rise in HMO fees as part of changes to the authority’s additional licensing scheme.

Landlord mortgage rates slip below 4% for first time in 18 months

Landlord mortgage rates slip below 4% for first time in 18 months

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Paragon Bank is showing some love for landlords on Valentine’s Day by offering its lowest rate on two-year fixes for new customers in more than 18 months.

Legal aid for evictions 'about to collapse entirely' says Law Society

Legal aid for evictions 'about to collapse entirely' says Law Society

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Housing legal aid providers are on the brink of collapse, according to the Law Society of England and Wales, which has urged the government to invest in the service before it’s too late.

It's got a ring to it! Landlords asked to support charity initiative

It's got a ring to it! Landlords asked to support charity initiative

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Landlords, letting agents and other players in the property game are being urged to support Paul Shamplina’s latest charity event which is due to take place on the night of Thursday June 27th.

Landlord wins unusual planning appeal over 'floating homes'

Landlord wins unusual planning appeal over 'floating homes'

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Britain’s most unusual holiday rental investment has been uncovered following a planning appeal decision over two floating ‘pods’ at a Marina in Chichester Harbour.

'Small minority of rogue landlords exploit Section 21 eviction rules'

'Small minority of rogue landlords exploit Section 21 eviction rules'

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A high-profile figure has claimed that ‘no-fault’ Section 21 evictions are a significant problem within London’s private rental sector and agrees with Shelter’s approach that they should be banned ‘as soon as possible’.

Comment: Gove’s solutions to Britain’s housing crisis increasingly look too little, too late

Comment: Gove’s solutions to Britain’s housing crisis increasingly look too little, too late

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Tom Entwistle tries to shed light on the severity of the crisis and explores some potential solutions, here he gives his opinions on the plans put forward by Michael Gove, the banning of Section 21, and the crisis within the courts system.

Gove 'playing games with words' says leading evictions expert

Gove 'playing games with words' says leading evictions expert

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Property lawyer David Smith has questioned the accuracy of Michael Gove’s comments about funding the court system and banning Section 21 before the General Election.

Landlords need own courts, letting agents urge Government

Landlords need own courts, letting agents urge Government

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Letting agents have once again called on the Government to establish a network of dedicated housing courts to process evictions and help speed up the currently arduous, expensive and slow system.

City rejects landlords' worries over 'stifling' licencing scheme

City rejects landlords' worries over 'stifling' licencing scheme

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Landlords and letting agents in Bristol have failed to scupper plans for city-wide additional licensing and selective licensing in the Bishopston and Ashley Down, Cotham and Easton wards.

Leading brands in private rented sector unite under new name

Leading brands in private rented sector unite under new name

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HFIS launches Total Property, unifying brands like mydeposits and Landlord Action to streamline landlord services.

Give tenants more rights in reform bill, urge campaigners

Give tenants more rights in reform bill, urge campaigners

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A coalition of influential housing charities and campaign groups has urged the Government to go even further with its Renters (Reform) Bill and tip the balance even further in favour of tenants living within the private rented sector.

Landlord's outbuilding 'too small for one' found housing family of nine

Landlord's outbuilding 'too small for one' found housing family of nine

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A landlord in Peterborough is to pay a £4,800 fine after ignoring a prohibition order preventing him from renting out a ‘sheds with beds’ property at the rear of his garden.

Mortgage expert's spoof video warning about property gurus goes viral

Mortgage expert's spoof video warning about property gurus goes viral

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Mortgage expert Lee Grandin's viral TikTok spoofs warn against property investment "gurus," promoting informed and cautious investing.

Gove says landlords will face Section 21 ban 'before election'

Gove says landlords will face Section 21 ban 'before election'

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Michael Gove confirms Section 21 'no-fault' evictions will be banned before the general election, with reforms to follow.

When Commercial tenants leave, the Dilapidations process needs careful handling

When Commercial tenants leave, the Dilapidations process needs careful handling

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Dilapidations is a process used in commercial tenancies that needs to be dealt with and dealt with in a professional way, if it is to be effective.

'Cost of landlording' drives 18% rise in BTL repossessions

'Cost of landlording' drives 18% rise in BTL repossessions

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The cost of renting out properties and high interest rates have pushed up the number of buy-to-let (BTL) mortgages in arrears.

A simple guide to approaching rent increases

A simple guide to approaching rent increases

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If you haven't revisited your tenant's rent lately, it might be time to consider doing so.

'Perfect storm': landlords report big surge in tenant demand

'Perfect storm': landlords report big surge in tenant demand

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Two-thirds of landlords have experienced rising demand for private rented housing - but one-third plan to cut the number of properties they rent.

More money needed to support disabled tenants say landlords

More money needed to support disabled tenants say landlords

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Ministers must commit to uprating grants available to disabled people or many will miss out on vital adaptations, warns the NRLA.

Too many tenants facing eviction lack access to legal aid, say lawyers

Too many tenants facing eviction lack access to legal aid, say lawyers

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The government’s failure to increase housing legal aid has weakened the justice system and robbed those who face eviction and repossession of help, warns the Law Society of England and Wales.

Shelter slams landlords over increasing Section 21 notice evictions

Shelter slams landlords over increasing Section 21 notice evictions

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Shelter has attacked landlords for ‘kicking out’ over 26,000 tenants using a Section 21 ‘no fault’ eviction since the Government revealed it would ban this method of regaining possession of a property five years ago.

Asylum seeker HMOs WILL be included in licencing schemes, says Government

Asylum seeker HMOs WILL be included in licencing schemes, says Government

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The government has performed a U-turn over its plans to exempt accommodation for asylum seekers from HMO licensing requirements.

Landlord licencing launches to be 'highest number ever' in 2024

Landlord licencing launches to be 'highest number ever' in 2024

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This year is on track to break 2023’s record for the most additional and selective licensing schemes launched across the UK.

Eviction court system is now 'in crisis' says leading expert

Eviction court system is now 'in crisis' says leading expert

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The evictions process is in crisis with many landlords who are seeking to remove problem tenants facing huge court delays, it has been claimed.