Almost 250,000 BTL landlords face refinancing losses as borrowing rates near 7%, says Daily Telegraph.
The Governments Renters Reform Bill is unlikely to make progress through parliament until much later this year, housing minister Rachel Maclean has admitted. Maclean was unable to confirm when the bill would get a second reading during a Q&A with MPs from the Levelling Up
A team of independent fact checkers and campaigners has debunked Labours claims that most renters live in homes bought with a buy-to-let mortgage. Deputy leader Angela Rayner made the assertion last week, but charity Full Fact says the claim is technically incorrect, as it ho
A letting agency-owning landlord has been fined more than £17,000 for renting out one small room in an HMO to a family of five. Ruhul Shamsuddin and his company Lordsons Estates were found guilty of 23 housing offences relating to a
The Bank of England has warned that landlords with mortgages are under increasing strain from higher interest payments and other structural factors, all of which are likely to put pressure on their incomes�. The commentary is within the banks latest https:
Landlords arrears are growing at a faster rate than homeowners, according to new research that suggests fewer investors are being shielded from economic headwinds. https://www.octanecapital.co.uk/" Octane Capital found that buy-to-let arrears of more tha
Five tenants have shared a whopping �29,000 Rent Repayment Order after their landlord failed to licence its HMO. East London-based https://www.facebook.com/weletroomsuk/" We Let Rooms Ltd did not defend itself at a First Tier Property T
Corporate student housing giant expands as private HMO landlords exit, amid growing demand for purpose-built student accommodation (PBSA).
Landlord leader Ben Beadle has given Shelter a run for its money during a parliamentary committee evidence session on the Renters (Reform) Bill. Beadle, who is chief executive of the National Residential Landlords Association, wondered out loud during the meeting whether campaig
Changes in tax rules for buy-to-let landlords have definitely made the business of letting property more challenging, particularly with those who have taken on big mortgages to buy their rental properties. The removal of mortgage interest relief (Section 24 of the Finance Act) a
An Essex landlord has learned the hard way that unpicking rent-to-rent or guaranteed rent agreements can be a lot more difficult than many might believe. In a case handled by the Resolution Department Lead Suzy Hershman (main picture) and her team at
London letting agent fined £8,000 for misleading tenants and using intimidation tactics; company dissolved.
Jerseys private landlords have urged lawmakers to rethink radical plans to shake up the sector which they fear will exacerbate the housing crisis. The Jersey Landlords Association (https://www.jla.je/" JLA ) has
Landlords should give renters some of their equity gains when they sell up to stop the giant tenant rip-off, according to https://www.bigissue.com/ The Big Issue boss John Bird (main picture). Bird b
One hundred percent of letting agencies in Scotland say they have seen more landlords exiting the market since the countrys government brought in and then recently-extended a rent rise cap and evictions ban. Agents canvassed by trade organisation Propertymark also reported an
A consultation has opened into proposals not to charge landlords who are preparing a property to let or waiting to find a tenant the empty homes a council tax premium. The government wants to strengthen the existing long-term empty homes premium by applying this to properties th
UK house prices fell by 3.1pc on an annualised basis in the first quarter (Q1) of 2023 and an increase in interest rates have a dampening effect on the market. Inflationary pressures With inflation currently running at 8.7pc (CPI), this is well above the Bank of Engl
Statutory licensing scheme plans for visitor accommodation in Wales have got the thumbs down from many holiday home owners, short-lets landlords and residents. The proposals, which will see all holiday homes, https://www.landlordzone.co.uk/tag/airbnb-landlords/" target=
Traditionally, contracts for buying and selling property always relied on the old English common law principle of caveat emptor, or let the 'buyer beware'. In other words, the seller did not need to reveal material facts (defects) about the property for sale so long as the buyer, with
Tory MPs are urging the government to cut or scrap stamp duty in a bid to save homebuyers thousands although their proposals dont extend to landlords, LandlordZONE can reveal. Kevin Hollinrake, a member of the Treasury select committee and founder of Hunters estate agent,
There are said to be over a million British houses using wood burning stoves. Some of these are in rental properties and owners and tenants will want to be aware of the law changes on wood burning which were introduced this year. You could be penalised if you own or buy a wood-b
Facebook Marketplace has come under fire once more for helping facilitate rental scams, this time during a BBC One Rip-Off Britain investigation aired this morning. The programme highlighted two examples of rental scams, both of whic
A portfolio landlord and property educator has vowed to keep posting on social media despite receiving hundreds of spiteful troll messages every day. Rick Gannon, who has a �7 million portfolio with 140 tenants mainly around Worcester and also runs a training company which teac
Landlords selling up or re-letting is now the biggest cause of homelessness among renters in England and not rising rents. New Department for Levelling Up, Housing and Communities data reveals that 31,090 households were threatened with homelessness be
Oxford has received Secretary of State approval for its controversial new selective licensing scheme covering half the city, after it was first announced in August 2020. All private rented homes (49.3% of the citys housing stock) will need a licence from 1st September. Oxford
A new government consultation aims to study whether its planned Energy Bills Support Scheme (EBSS) will treat all tenants fairly. The scheme, announced in February as part of a package of support to help domestic energy customers with the costs of rising energy bills, starts in
Rent rises should be banned and Section 21 and Section 8 evictions suspended until the cost of living crisis subsides, says tenants advocacy group Generation Rent . The organisation also wants to see landlords banned from requestin
Newport City Council is expected to back a 10% rise in HMO fees as part of changes to the authority’s additional licensing scheme.
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.
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.
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.
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.
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’.
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.
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.
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.
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.
HFIS launches Total Property, unifying brands like mydeposits and Landlord Action to streamline landlord services.
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.
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 Lee Grandin's viral TikTok spoofs warn against property investment "gurus," promoting informed and cautious investing.
Michael Gove confirms Section 21 'no-fault' evictions will be banned before the general election, with reforms to follow.
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.
The cost of renting out properties and high interest rates have pushed up the number of buy-to-let (BTL) mortgages in arrears.
If you haven't revisited your tenant's rent lately, it might be time to consider doing so.
Two-thirds of landlords have experienced rising demand for private rented housing - but one-third plan to cut the number of properties they rent.
Ministers must commit to uprating grants available to disabled people or many will miss out on vital adaptations, warns the NRLA.
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 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.
The government has performed a U-turn over its plans to exempt accommodation for asylum seekers from HMO licensing requirements.
This year is on track to break 2023’s record for the most additional and selective licensing schemes launched across the UK.
The evictions process is in crisis with many landlords who are seeking to remove problem tenants facing huge court delays, it has been claimed.
