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Rental market reaching crisis point as 'perfect storm' hits landlords and tenants

Rental market reaching crisis point as 'perfect storm' hits landlords and tenants

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Landlord Actions Paul Shamplina (main picture) has explained to Radio 4 listeners how an almost broken court system and higher interest rates are driving a rush in Section 21 evictions before rent reform laws kick in. Speaking on the https://www.bbc.co

Tenants pocket �16,000 after landlord and agent's regulatory mistakes

Tenants pocket �16,000 after landlord and agent's regulatory mistakes

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A landlord has failed to convince a court that stress and financial difficulties excused her from paying a rent repayment order. Instead, Jaya Sanahs four tenants will share �16,191 after ahttps://www.landlordzone.co.uk/tag/first-tier-property-tribunal-2...

Details on higher EPC ratings for PRS a long way off, admits energy minister

Details on higher EPC ratings for PRS a long way off, admits energy minister

News

Landlords are to wait many more months to find out the details of Government proposals to raise the minimum Energy Performance Certificate for rented properties. Energy minister Andrew Bowie (main picture) has admitted during a Lords debate that progress h

Lloyds Bank's plans to build 'thousands' of rental homes prove over optimistic

Lloyds Bank's plans to build 'thousands' of rental homes prove over optimistic

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Lloyds has grown its rental portfolio to 1,000 properties and has another 700 in the pipeline as it bids to become one of the UKs biggest landlords, albeit far off its original objectives. The bank has some way to go if the publicly-owned institution is to meet its target of

Landlord secures huge victory in �18,000 Rent Repayment Order case

Landlord secures huge victory in �18,000 Rent Repayment Order case

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An Upper Tribunal has slashed a landlords Rent Repayment Order by �16,000 after taking pity during an appeal hearing on her precarious financial position�. A First Tier Property Tribunal https://assets.publishing.service.gov.uk/media/6239f607e90e07799cd3de67/LO

Landlord pays �40,000 fine after large HMO 'put tenants at risk'

Landlord pays �40,000 fine after large HMO 'put tenants at risk'

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A landlord in Norfolk has payed fines totalling �40,000 after he was found to have housed tenants in a way that put tenants at risk. Issues were reported at the Watton property (pictured) to Breckland Council last year, which prompted an inspection by officers who found a block

BREAKING: Landlords face higher mortgage costs as base rate rises by 0.5%

BREAKING: Landlords face higher mortgage costs as base rate rises by 0.5%

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The Bank of England has this lunchtime raised its base rate by 0.5% as the venerable institution fights to bring down inflation, which yesterday was revealed to be sticking stubbornly at 8.7%, way above the bank's target of 2%. Commentators and mortgage holders alike had hoped t

Welsh minister backs review of existing higher stamp duty rates for landlords

Welsh minister backs review of existing higher stamp duty rates for landlords

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Welsh Minister for Climate Change Julie James has backed the NRLAs call for a review of property taxation in the PRS. Speaking at thehttps://www.landlordzone.co.uk/news/breaking-landlords-tell-housing-minister-face-to-face-that-sector-needs-support/" <strong i

Treasury chief says landlords and homeowners 'will not get mortgage help'

Treasury chief says landlords and homeowners 'will not get mortgage help'

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The Treasury has confirmed that it will not introduce tax relief on mortgage interest payments for either homeowners or landlords despite the ongoing mortgage cost crisis. As we https://www.landlordzone.co.uk/news/mortgages-landlord-tells-bbc-how-payments-have-tripled-o

New report hails growth of institutional build-to-rent

New report hails growth of institutional build-to-rent

News

JLL's latest report highlights the rapid growth of institutional Build-to-Rent (BTR) in the UK, with over 82,000 homes completed and rising demand.

BE WARNED: Why keeping records is so important for landlords

BE WARNED: Why keeping records is so important for landlords

News

Suzy Hershman (main picture), Resolution Department Lead at HFIS, examines a shocking case her team dealt with recently and highlights what landlords can learn from it . The case</h4>A landlord with a four-bedroom property i

Famous landlord to pay �166,000 legal costs after losing court claim

Famous landlord to pay �166,000 legal costs after losing court claim

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Multi-millionaire landlord Judith Wilson (main picture, inset) has been hit with a �166,000 court bill after losing a legal battle against Tonbridge and Malling Borough Council. Wilson, wife of the controversial Fergus, who was once dubbed Britains

VIDEO: 'Best landlord in UK' gives unusual advice to other investors about profits

VIDEO: 'Best landlord in UK' gives unusual advice to other investors about profits

News

Treat tenants like customers and stop thinking about profit if you want to make a success of property investing - thats the advice of lettings and landlord professional Tom Soane, who boasts that its made him the 'best landlord in the UK'. Your property is a product, te

Landlords across UK given more time to find out about licencing launches

Landlords across UK given more time to find out about licencing launches

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Councils have been given three months longer to launch selective licencing schemes, new Government guidance has revealed. An update to the Department of Levelling Up, Housing and Communities advice to local authorities considering or planning a selective licencing scheme has

NEW: Former rental properties now account for 11% of homes for sale

NEW: Former rental properties now account for 11% of homes for sale

News

More than 1 in 10 (11%) homes for sale on Zoopla are former rental properties after private landlords faced with tax changes and higher borrowing costs have rationalised their portfolios or quit the market. Before the pandemic, half of these homes for sale returned to th

MORTGAGES: Worried landlord tells BBC how his payments have tripled

MORTGAGES: Worried landlord tells BBC how his payments have tripled

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Paul Bradley, a landlord with a single rental property in North London, has told the BBC how the ongoing mortgage crisis has seen his monthly interest-only loan payments triple over the past 12 months. His case illustrates vividly the significant challenges that the approximatel

Tenant Referencing Failures Surge Amid Cost-of-Living Crisis

Tenant Referencing Failures Surge Amid Cost-of-Living Crisis

News

Rising cost of living causes tenant referencing pass rates to drop from 35% to 25%, increasing rental risk for landlords, reports Housing Hand.

Powerless councils could make or break reforms, says Labour MP

Powerless councils could make or break reforms, says Labour MP

News

A Labour MP has called on the government to extend notice periods from two to four months to prevent landlords from unjustly evicting tenants. <figure id="" class="w-richtext-figure-type- " data-rt-type="" data-rt-align=""><div><img src="https://cdn.prod.website-files.com/63bef2f3c329eff8e3

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EXCLUSIVE: Landlord reveals real story behind minister's resignation

EXCLUSIVE: Landlord reveals real story behind minister's resignation

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Prafula Kopp, who lives in the same development where Rushanara Ali owns an HMO, says the real story has not been told.

Activists call for total overhaul of tenant deposits system

Activists call for total overhaul of tenant deposits system

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Deposits should be lodged with a single, not-for-profit organisation, the campaigning group has claimed.

RICS reveals big slowdown in rental properties available to rent

RICS reveals big slowdown in rental properties available to rent

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Surveying trade organisation says its estate agent members have reported weakest supply of rented homes since 2020.

River Island escapes administration at landlords’ expense

River Island escapes administration at landlords’ expense

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Landlord pain, tenant gain scenario where a High Court ruling has allowed River Island to impose a restructuring plan

Campaigner: Renting reforms amendment will allow 'more unfair evictions'

Campaigner: Renting reforms amendment will allow 'more unfair evictions'

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Tom Darling says landlords should not be able to evict tenants to sell a property under any circumstance.

Landlords urged to join mould campaign backed by the King

Landlords urged to join mould campaign backed by the King

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MPs have been urged to help get landlords involved in a campaign to raise awareness about damp and mould.

Landlord profits rises despite costs of maintenance, evictions and arrears

Landlord profits rises despite costs of maintenance, evictions and arrears

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A new poll of landlords has found that 87% make a profit on their properties despite spending a fifth of their gross rental income on property repairs

'Housing minister's resignation proves Labour's renting reforms not rational'

'Housing minister's resignation proves Labour's renting reforms not rational'

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A thinktank director has said Labour's renting reforms will put many landlords off investing in the private rented sector.

'Landlords should be free to set their own rents', says leading Tory figure

'Landlords should be free to set their own rents', says leading Tory figure

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Senior Tory figure David Gauke says Government should be concentrating on building more homes to rent, and ignore calls for rent controls.

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.

Rees-Mogg savages Tory party's rental sector policies

Rees-Mogg savages Tory party's rental sector policies

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Jacob Rees-Mogg has turned on Tory colleagues by labelling the Renters (Reform) Bill “desperate tinkering at the edges” which won’t help landlords or tenants.

Landlord faces big fine after ignoring HMO planning decision

Landlord faces big fine after ignoring HMO planning decision

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A landlord who ignored a council’s enforcement notice to stop operating an HMO without planning permission has been told to return it to a ‘traditional family home’ or face a huge fine.

Commercial to residential conversions, a new dawn!

Commercial to residential conversions, a new dawn!

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Opportunities for developers and investors in property will open up as new amendments are laid down.

Landlords over 55 turning to Landlord Sales Agency as BTL mortgages grind to a halt

Landlords over 55 turning to Landlord Sales Agency as BTL mortgages grind to a halt

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It’s another week of news suggesting that landlords need to sell. If you’ve not yet considered cutting your loses, this might be the sign it’s time to exit the market, fast.

Minister grilled over conflicting Section 21 evictions ban promises

Minister grilled over conflicting Section 21 evictions ban promises

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Cross-party peers have grilled Housing Minister Baroness Penn over the government’s ambiguous assurance that no-fault evictions would be banned before the general election.

Landlord hit with £45,000 fine over unlicenced HMOs

Landlord hit with £45,000 fine over unlicenced HMOs

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A rogue landlord who ignored requests to raise standards at his two unlicensed properties has been hit with a bill of more than £45,000.

Property investment duo under fire as SFO probes £140m collapse

Property investment duo under fire as SFO probes £140m collapse

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The Serious Fraud Office (SFO) has today raided homes and arrested four people connected to a group of investment companies that left some 1,000 investors out of pocket.

Leading Tory lobbyist warns Gove over Section 21 evictions

Leading Tory lobbyist warns Gove over Section 21 evictions

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A leading Tory lobbyist and political commentator has called on the government to ditch plans for abolishing Section 21 amid fears that it will only worsen the housing crisis.

60% of renters struggling financially and 11% using food banks

60% of renters struggling financially and 11% using food banks

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New research among tenants reveals a bleak picture as the cost-of-living crisis hits home within the private rented sector.

'Airbnb growth is down to Gove's anti-landlord policies' - claim

'Airbnb growth is down to Gove's anti-landlord policies' - claim

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Leading letting agent Marc von Grundherr (pictured) has labelled the government’s crackdown on short lets “ironic”, given its hard line on buy-to-let landlords.

Two thirds of landlords making leap to Ltd companies

Two thirds of landlords making leap to Ltd companies

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A surprising 65% of landlords are considering or have already become a limited company as thousands seek tax benefits to help their business succeed.

Only big money (not private landlords) can solve rental crisis, claims Savills

Only big money (not private landlords) can solve rental crisis, claims Savills

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The private rented sector is forecast to lose half a million homes during the next decade, leaving a large supply gap that can be filled by the build-to-rent sector, it has been claimed.

Is the UK tax regime unfair on private landlords?

Is the UK tax regime unfair on private landlords?

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Paul Shamplina and guests debate whether the UK tax regime is stacked against landlords in this Propertycast episode.

NW city ignores landlord concerns over bigger licencing scheme

NW city ignores landlord concerns over bigger licencing scheme

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Concerns among Blackpool landlords over the future of the city's selective licensing have been swept aside after councillors approved the hugely enlarged scheme, which must now go to Michael Gove for the final green light.

Big suburban council to extend £950 licencing scheme

Big suburban council to extend £950 licencing scheme

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Barking and Dagenham Council is the latest borough to launch a bid to renew and expand its licencing schemes.

Activists urge ministers to go further with rent controls

Activists urge ministers to go further with rent controls

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Arguments between politicians, landlords, charities and both tenant and trade unions in Scotland about what to do when the country’s ongoing rent cap scheme ends on 31st March deadline have ramped up in the past few days.

MPs slammed for tabling sensible amendements to reform bill

MPs slammed for tabling sensible amendements to reform bill

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Campaigners have accused leading landlord MPs of trying to ‘gut’ the Renters (Reform) Bill as it goes through parliament.

Official probe into rent-to-rent sector launched

Official probe into rent-to-rent sector launched

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The NRLA is questioning whether rent-to-rent’s days are numbered after the government announced it was investigating the sector in a bid to understand its impact on tenants and landlords.

Massive changes to short-lets sector to go ahead

Massive changes to short-lets sector to go ahead

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The Government has revealed changes to planning regulations that will clamp down on short-lets in tourism hotspots such as the Lake District and seaside towns.

Government to rush through changes to housing laws

Government to rush through changes to housing laws

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Housing secretary Michael Gove has announced restrictions on Airbnb style short-term lettings. He also wants to relax rules on permitted development rights for commercial to residential conversions, and he says he will abolish section 21 in this Parliament.

Legionella risk, one aspect of letting that many landlords never think about...

Legionella risk, one aspect of letting that many landlords never think about...

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Landlords (and their agents) have a serious responsibility to undertake actions to protect tenants, visitors and passers-by, by preventing Legionella bacteria from causing a health hazard.

Government slammed as affordable rented home building tanks

Government slammed as affordable rented home building tanks

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A consortium of London housing associations has warned the government that new affordable home-building is grinding to a halt.