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=
With one in five households now renting, the private rented sector is an essential part of the housing market. As the government has reduced its housebuilding strategy for all local authorities from mandatory to advisory, with some councils scrapping targets all together, the ho
A European lettings portal has launched in the UK aimed at globe-trotting students and young professionals. Rotterdam-based https://housinganywhere.com/" HousingAnywhere , which specialises in mid- to long-term rentals, now covers London,
Over the last 15 years, the HMO market has been transformed and there has been a boom. The reason for the boom was, quite simply, that HMOs could generate far better returns than single home lets. But as the market grew, regulations tightened. On top of the extra du
Nearly half of all Section 21 eviction notices have been prompted by landlords selling their properties, Citizens Advice has revealed. It also says that its seen a ramping up of evictions by landlords using Section 21 notices, handling some 2,000 cases last month. <p id=""
A guaranteed rent firm has taken down its website after being exposed for using spurious claims about its connections with reputable bodies. London-based UK Housing Group Ltd, which boasts of being, the largest social housing agency in London and the Midlands featured out-
Gwynedd Council introduces Article 4 Direction to regulate second homes and short-term holiday lets, requiring planning permission for change of use.
Politicians and lobby groups are likely to continue blaming private landlords for the housing shortage largely created by the hostile regulatory environment imposed by the same politicians who want even more draconian laws, finds a new report. One of the most bizarre aspects of
Two unlicensed HMOs have been discovered during unannounced inspections by a council in the North, which says more 'surprise visits' are on the cards. <figure id="" class="w-richtext-figure-type- " data-rt-type="" data-rt-align=""><div><img src="https://cdn.prod.website-files.com/63bef2f3c3
Landlords in Wales have called for the countrys government to make more effort to encourage private investment in the sector during a face-to-face meeting with housing minister Julie James. The National Residential Landlords Association (NRLA) has asked her government to exem
Letting agents have revealed continuing strong demand for rental properties but no let-up in weakening supply.
Inconsistencies in the existing EPC calculation mean that property owners can currently pay out thousands of pounds for work that, when they come to sell, they find actually lowered their EPC rating.
Most renters expecting a rent increase this year believe their landlords should make energy efficiency improvements to help offset the rise.
Coventry councillors are set to approve a 12-week consultation into plans to renew the city-wide additional licensing scheme.
The number of Houses of Multiple Occupation (HMOs) in England is continuing to nosedive, official statistics seen by LandlordZONE reveal.
Build-to-rent (BTR) continues its seemingly unstoppable march across UK cities, with the British Property Federation reporting that 58,000 homes had detailed planning permission in Q4 2023, the highest number on record.
Landlords rush to sell before March deadline—rising taxes and market shifts driving exits.
A landlord has evicted all his tenants from an HMO after a man forced his way into the property with a chainsaw after hearing that his stepdaughter had been bullied by fellow residents.
A landlord who allowed cannabis farms to operate in 17 of his 72 properties as part of a multi-million-pound drugs operation has been jailed for 11 years.
A 30-year-old entrepreneur specialising in buy-to-let investment and lettings has been named one of the UK’s top young business people.
Private tenants in the South West will save hundreds on their energy bills following a council’s push to identify those with failed Energy Performance Certificates (EPCs).
A crisis in the making? Will commercial property owners come through the looming debt repayment crisis unscathed?
Leaseholders won’t see all the hoped-for benefits from the Leasehold and Freehold Reform Bill unless significant changes are made, according to a leading expert.
A rogue landlord who failed to repair serious safety hazards in his property has been ordered to pay more than £3,000.
The Government must use ‘carrot’ as well as ‘stick’ policies as it attempts to improve the energy efficiency of the private rented sector, a leading mortgage broker as claimed.
How often do a property’s electrical tests have to be completed? What’s the minimum EPC level for a property to legally rented out? What’s the difference between a large and small HMO?
A landlord who claimed unsuccessfully that he had been deceived by his tenants has been handed a £9,745 rent repayment order.
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 Northern Ireland are being reminded to renew their registration or face a heavy fine.
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.
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.
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.
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.
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.
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.
