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One in five tenants borrow money for their deposit

One in five tenants borrow money for their deposit

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One in five renters has borrowed money that needs to be paid back for their five-week cash deposit, putting them in a precarious financial position before moving in.

Landlords struggling with “needlessly complex” HMO licence renewal applications are selling up

Landlords struggling with “needlessly complex” HMO licence renewal applications are selling up

News

Landlords struggling with “needlessly complex” HMO licence renewal applications are fed up and selling up, according to Portsmouth & District Landlords Association (PDPLA).

Search for Landlord of the Year begins

Search for Landlord of the Year begins

News

The search is on for Landlord of the Year as part of this year’s LIS (Landlord Investment Show) Awards.

Landlords must use new digital tax software, the Chancellor confirms

Landlords must use new digital tax software, the Chancellor confirms

News

Landlords will have to use the new Making Tax Digital for Income Tax Self-Assessment system, the Chancellor has confirmed.

Spring statement misses opportunity for landlords

Spring statement misses opportunity for landlords

News

The Spring Statement proved a missed opportunity for landlords and stamp duty, it has been suggested.

Tenants warned to know their rights after Chancellor announces more new homes

Tenants warned to know their rights after Chancellor announces more new homes

News

Tenants have been warned to know their rights following Chancellor Rachel Reeves’ announcement of a £2billion investment in 18,000 new social and affordable homes.

Scottish landlords weigh rent hikes against void risks

Scottish landlords weigh rent hikes against void risks

News

Scottish landlords advised to balance rent increases with potential void periods post-cap removal; market conditions and tenant challenges considered.

Concerns raised about whether new planning reforms go far enough to address housing shortage

Concerns raised about whether new planning reforms go far enough to address housing shortage

News

Concerns about whether new planning reforms go far enough to address the country’s housing shortage have been raised by estate agents.

Labour pressured to remove guarantor rights for landlords

Labour pressured to remove guarantor rights for landlords

News

Homelessness charities are requesting amendments to the Renters’ Rights Bill that would severely limit landlords’ right to use guarantor agreements

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Grounds For Possession - Section 8

Grounds For Possession - Section 8

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Grounds for Possession - Assured Shorthold TenanciesThe Housing Act 1988 as amended by the Housing Act 1996 lays down certain circumstances (grounds) under which a landlord may successfully apply to court for possession.The grounds for possessio

Property academy' refuses to refund severely ill student �13,000 course costs

Property academy' refuses to refund severely ill student �13,000 course costs

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A woman who paid �13,000 for courses with property investment training firm Touchstone Education is fighting to get her money back after falling ill. The woman who wants to remain anonymous - first paid Touchstone Education �1,000 for an online course and then another

Ground One '� repossession of own residence

Ground One '� repossession of own residence

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People often rent out their home when working abroad or going on extended travel, and they would naturally expect to return to live in their own on return. However, tenants are entitled to security of tenure for their contracted term safe in the knowledge that they can stay in the prope

Quarter Days

Quarter Days

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With high street administrations and missed rent payments becoming commonplace, commercial property quarterly rent payment days are currently being highlighted in the media, with the last one, June 24th just having passed. Understandably, these deadlines are cau

LandlordZONE investigates: Should you join the British Landlords Association?

LandlordZONE investigates: Should you join the British Landlords Association?

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The British Landlord Associations CEO Sajjad Ahmad admits that his organisation will never rival the newly-formed NRLA. This is both in terms of political clout his has no Westminster https://www.landlordzone.co.uk/news/extended-evictions-ban-is-bad-news-for-vict

Landlords switching back from short-term to long-term lets

Landlords switching back from short-term to long-term lets

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The Coronavirus has affected all parts of the economy, including rentals, but tourism in particular has been hard hit. It meant that holiday lets came to a complete standstill during lock-down, whereas the traditional long-term lets have been far less affected. Short lets, altho

Newspapers savage investment 'guru' after he tells followers to use Covid loans to buy property

Newspapers savage investment 'guru' after he tells followers to use Covid loans to buy property

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Self-professed millionaire landlord and YouTube property investment guru Paul Smith has been savaged by two national newspapers over the weekend after he suggested to his 12,000+ subscribers that they use the governments bounce back loans to invest in property. The scheme hel

Using a Guarantor: how to minimise your losses if things go wrong.

Using a Guarantor: how to minimise your losses if things go wrong.

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The guarantor is the landlord's insurance policy against tenant default. The guarantor pays the landlord the rent if the tenant defaults, he pays the landlord all his losses, expenses or damages where the tenant fails to carry out his of her full obligations under the lease.This article

Wirral latest council to attack HMOs as 'tomorrow's slums'

Wirral latest council to attack HMOs as 'tomorrow's slums'

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As councils across the UK rail against the spread of HMOs, the NRLA says it's not landlords' fault that there is such high demand for this kind of rental property. </h3>Wirral councillors have railed against HMOs whilerejecting one highly criti

Surveyors call for government action to tackle PRS woes

Surveyors call for government action to tackle PRS woes

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Property surveyors across the UK have reported a slowdown in tenant demand along with continued levels of diminishing stock.

Rogue letting agent used 'smokescreen' to conceal ownership

Rogue letting agent used 'smokescreen' to conceal ownership

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Four tenants have lost their £309,000 claim for harassment but won a £21,160 rent repayment order for living in an unlicensed flat.

January sees a new surge of landlords selling their portfolios for higher prices than 2023

January sees a new surge of landlords selling their portfolios for higher prices than 2023

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There’s good news for landlords who have postponed selling their rental properties despite falling profits and new legislation making the private rental sector less appealing to most landlords.

Inflation rate surprise to delay mortgage interest rate drop for landlords

Inflation rate surprise to delay mortgage interest rate drop for landlords

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Landlords could have to wait slightly longer for the pressure on mortgage rates to ease after the annual rate of inflation hit 4% last month.

Record rent rises revealed by latest official PRS data

Record rent rises revealed by latest official PRS data

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UK rents increased by 6.2% in the year to December 2023 - the joint highest annual percentage change since 2016.

MPs told Commonhold is best replacement for leasehold

MPs told Commonhold is best replacement for leasehold

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Experts and campaigners giving evidence to the Leasehold and Freehold Reform Bill committee have endorsed a commonhold system.

Landlord slams 'over the top' DWP demands on tenants

Landlord slams 'over the top' DWP demands on tenants

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Tenants across the UK are being asked to comply with an extensive fraud checklist to confirm their eligibility for Universal Credit.

Landlords in Wales not obliged to flag homelessness risk

Landlords in Wales not obliged to flag homelessness risk

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Propertymark has welcomed the Welsh government’s commitment that private landlords shouldn’t have to refer tenants at risk of homelessness.

Family build-to-rent urged to meet PRS shortfall

Family build-to-rent urged to meet PRS shortfall

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Up to one million new rental homes will be needed to accommodate growing demand by 2031, particularly from young families, across England and Wales.

Fewer tenancies trigger letting agency closures

Fewer tenancies trigger letting agency closures

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Almost 2,000 letting agent branches shut up shop last year which meant 2023 ended with 659 fewer branches on the high street.

Funding concerns continue to stall retrofit plans

Funding concerns continue to stall retrofit plans

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Nearly a fifth of landlords believe the government should prioritise better access to finance so they can carry out retrofitting plans.

More landlords in cost-saving drive to incorporate

More landlords in cost-saving drive to incorporate

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A record 50,004 limited BTL companies were set up last year, driven by landlords looking to shelter themselves from higher interest rates.

Landlords told to fix mouldy homes within 24 hours 

Landlords told to fix mouldy homes within 24 hours 

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Michael Gove says that under Awaab’s Law, social housing landlords must deal with condensation issues without delay.

What is in store for landlords in 2024?

What is in store for landlords in 2024?

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Get ready for an intriguing year ahead in 2024, particularly if you're a hands-on landlord, as several forthcoming announcements are poised to reshape the landscape of property management.

Court agrees a vital new 'green lease' clause

Court agrees a vital new 'green lease' clause

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The importance of keeping commercial lease clauses up-to-date with changes in new legislation, in particular there's one clause that should be inserted into every commercial lease to take account of the new energy efficiency rules. Under the Landlord

Tribunal rules tenant at fault for safety check breach

Tribunal rules tenant at fault for safety check breach

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A landlord who was unable to conduct an electrical safety check due to his hoarding tenant has had a £3,500 fine quashed.

Commercial landlords to get more EPC breathing space

Commercial landlords to get more EPC breathing space

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The government has confirmed that commercial landlords won’t have to meet a proposed 2025 deadline to raise their properties to an EPC band C.

Tech tie-up helps tenants report rent payments

Tech tie-up helps tenants report rent payments

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CreditLadder has teamed up with Digital ID Connect so app users can report rental payments into credit reference agencies.

Rent fall 'no breakthrough' in challenging market

Rent fall 'no breakthrough' in challenging market

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Monthly rental costs fell by 0.9% across the UK during December and by 2.2% in Greater London - one of the biggest drops seen in 2023.

No law on cards for private landlords to tackle mould

No law on cards for private landlords to tackle mould

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The government has rejected calls for private landlords to be given similar deadlines to the social housing sector for dealing with damp and mould.

New year brings change in top jobs at NRLA

New year brings change in top jobs at NRLA

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The NRLA has made two top-level appointments to bolster its service at the start of a crucial year.

Letting agencies join forces to create franchise supergroup

Letting agencies join forces to create franchise supergroup

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The Property Franchise Group (TPFG) and Belvoir Group have agreed to a merger to create a wide-reaching property franchise business.

Drugs gang hid behind student lets firm to make millions

Drugs gang hid behind student lets firm to make millions

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An organised crime group which used a student letting firm as a front for their multi-million-pound empire have been guilty of drug offences.

Wales on track to license all holiday homes

Wales on track to license all holiday homes

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All short-term lets in Wales will soon have to be registered and licensed under plans announced by the Welsh government.

New year heralds brighter BTL mortgage outlook

New year heralds brighter BTL mortgage outlook

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Mortgage market drama should subside this year, thanks to stable property prices, strong rental demand, rising rents and softening mortgage interest rates.