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Landlord mortgage arrears outstrip home owners' as costs squeeze profitability

Landlord mortgage arrears outstrip home owners' as costs squeeze profitability

News

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

Kerching! Five tenants pocket �29,000 after landlord fails to licence HMO

Kerching! Five tenants pocket �29,000 after landlord fails to licence HMO

News

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

Demand for student housing soars as landlords exit sector

Demand for student housing soars as landlords exit sector

News

Corporate student housing giant expands as private HMO landlords exit, amid growing demand for purpose-built student accommodation (PBSA).

Beadle slams claim that landlords will 'game new eviction rules'

Beadle slams claim that landlords will 'game new eviction rules'

News

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

ANALYSIS: How it's a taxing time for landlords...

ANALYSIS: How it's a taxing time for landlords...

News

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

'This is why landlords must approach guaranteed rent schemes with caution'

'This is why landlords must approach guaranteed rent schemes with caution'

News

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

Agency boss to pay £8,000 after terrifying tenant tactics

Agency boss to pay £8,000 after terrifying tenant tactics

News

London letting agent fined £8,000 for misleading tenants and using intimidation tactics; company dissolved.

Landlords write open letter calling out Government's 'attack on property sector'

Landlords write open letter calling out Government's 'attack on property sector'

News

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

'Give tenants some of your equity gains when you sell' says Big Issue founder

'Give tenants some of your equity gains when you sell' says Big Issue founder

News

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

Agents say rent cap has 'forced more landlords to quit and pushed up rents'

Agents say rent cap has 'forced more landlords to quit and pushed up rents'

News

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

'Landlords to be exempted from council tax premium on empty homes'

'Landlords to be exempted from council tax premium on empty homes'

News

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 falling, mortgage rates rising but some landlords still buying

UK house prices falling, mortgage rates rising but some landlords still buying

News

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

Plans to make Airbnb landlords reach same standards as hotels criticised

Plans to make Airbnb landlords reach same standards as hotels criticised

News

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=

Leasehold properties become harder to sell, landlords warned

Leasehold properties become harder to sell, landlords warned

News

Leasehold properties are becoming harder to sell due to escalating ground rents and limited lease terms, despite recent reform efforts.

LATEST: Activists attack Renters (Reform) Bill over 'landlord loopholes'

LATEST: Activists attack Renters (Reform) Bill over 'landlord loopholes'

News

Loopholes in the Renters Reform Bill around alternative possession grounds leave it open to abuse by unscrupulous landlords, claims a Labour activist and lawyer. A landlord will simply need to demonstrate an intention to use the property to live in or sell before they can

UK landlords with Airbnb properties in EU to pay 20% VAT on rental income

UK landlords with Airbnb properties in EU to pay 20% VAT on rental income

News

British landlords who use rental platforms to let holiday homes in the European Union will soon have to pay VAT on their rental income. Under the EUshttps://taxation-customs.ec.europa.eu/taxation-1/value-added-tax-vat/vat-digital-age_en" target="_blank" <strong

TRENDS: Young 'modern tenants' want green, digital landlords

TRENDS: Young 'modern tenants' want green, digital landlords

News

Most tenants want their landlords to be green and digital, a poll of some 2,000 renters has revealed. Despite debates about rental supply and rocketing rents dominating the public debate about the private rented sector, software firm MRIs poll found that two thirds want to in

Talks begin on UK-wide ban on landlords advertising property as 'no children'

Talks begin on UK-wide ban on landlords advertising property as 'no children'

News

The Scottish and UK governments are working together to prevent landlords banning children from properties after a BBC investigation revealed the practice was still rife. Following the launch of thehttps://www.totallandlordinsurance.co.uk/knowledge-centre/renters-refor

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Flipping now 'tricky' as higher taxes and lower price rises bite

Flipping now 'tricky' as higher taxes and lower price rises bite

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The practice of property flipping to make a profit is under serious threat from both higher tax and lower house price rises.

OPINION: Awaab’s Law is coming – be warned, it has serious implications for you!

OPINION: Awaab’s Law is coming – be warned, it has serious implications for you!

Opinion
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Awaab’s Law: What it means for private landlords and the future of property standards

MPs in race to pass rental reforms before recess

MPs in race to pass rental reforms before recess

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News
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The Renters' Rights Bill now looks more likely to be passed before the summer recess.

London council hikes HMO licensing fees

London council hikes HMO licensing fees

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News
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HMO landlords face paying out £1,570 for a licence when Camden Council renews its additional scheme in December.

England to get its own 'rent service' says housing minister

England to get its own 'rent service' says housing minister

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News
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A new body will help decide rents in a bid to prevent over-loading the tribunal service with rent disputes.

Landlord fined £75K for illegally letting properties

Landlord fined £75K for illegally letting properties

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News
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A landlord has been found guilty of illegally letting two ‘party flats’ after neighbours complained about excessive noise.

Tenant piles pressure on Labour to adopt rent controls

Tenant piles pressure on Labour to adopt rent controls

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News
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Lobbying group says tenant Bridget Chapman's experiences of a sudden rent rise is proof controls are needed.

Minister gifts solicitors £20m pay rise to help tenants fight evictions

Minister gifts solicitors £20m pay rise to help tenants fight evictions

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News
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The Government has increased its support for tenants who face eviction as its looming reforms bring in greater rights for private

Landlord fined £10,000 after ignoring requests to license property

Landlord fined £10,000 after ignoring requests to license property

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News
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A landlord who thought he could ignore council warnings over his property has been fined £10,000.

Covid's long shadow over rental market 'finally fading'

Covid's long shadow over rental market 'finally fading'

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News
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The Covid years’ extreme effect on the capital’s lettings market appears to be significantly easing – although demand remains abnormally high.

No-fault evictions ban 'an attack on basic property rights'

No-fault evictions ban 'an attack on basic property rights'

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News
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A basic tenet of property rights that landlords should be able to reclaim their property after an agreed period from a tenant is being undermined by Michael Gove’s push to end Section 21 evictions, a leading free market thinktank has claimed.

Government to relax rules on heat pumps, Gove reveals

Government to relax rules on heat pumps, Gove reveals

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News
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The government is considering relaxing heat pump rules in England which manufacturers believe could result in a boost in sales.

Letting agent slams Scotlands' 'nightmare' new repairs rules

Letting agent slams Scotlands' 'nightmare' new repairs rules

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News
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New safety regulations due to impact private landlords in Scotland have been labelled a logistical nightmare by one Edinburgh letting agent.

University launches first ever degree for letting agents

University launches first ever degree for letting agents

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News
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Estate agents might have been deemed more untrustworthy than lawyers and traffic wardens in public polls, but the Royal Agricultural University aims to demonstrate the profession’s value by launching the UK’s first university course in residential estate agency.

It's time to stop blaming private landlords for the rental crisis

It's time to stop blaming private landlords for the rental crisis

Opinion
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Government ministers, housing campaigners, landlords, letting agents and many of the other actors in the drama that is the private rented sector have been arguing hard about who is to blame for the high rents and lack of supply within the market.

Welsh city reveals 10% hike in HMO licencing fee

Welsh city reveals 10% hike in HMO licencing fee

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News
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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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News
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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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News
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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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News
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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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News
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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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News
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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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News
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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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News
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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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News
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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.