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VOTE: Scots rent rises to be capped at 3% until October, MSPs agree

VOTE: Scots rent rises to be capped at 3% until October, MSPs agree

News

Scottish MSPs have voted through a rent cap and extension of the eviction ban until 30th September. The rent cap for private sector tenancies will increase to 3% from 1st April under the amendment to the https://www.gov.scot/publications/cost-living-ten

NEW: Worcester latest to propose city-wide HMO licencing scheme

NEW: Worcester latest to propose city-wide HMO licencing scheme

News

All HMO landlords in Worcester will soon have to buy a licence if councillors back a new additional licensing scheme. The city has operated an additional scheme since September 2015 but amended it in 2020 to cover only the wards of Arboretum, Bedwardine, Cathedral and St Clement

Landlords LEFT OUT of new 'forbearance' guidance for mortgage holders

Landlords LEFT OUT of new 'forbearance' guidance for mortgage holders

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Landlords have been left out of measures announced today designed to support mortgage holders during the cost of living crisis. The guidance, which has been issued by the Financial Conduct Authority (FCA) updating borrowers responsibilities to their existing mortgage holders,

FIRST rent repayment order against landlord issued following landmark case

FIRST rent repayment order against landlord issued following landmark case

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A landlord who tried to claim that he was the superior landlord of an unlicensed HMO has failed in his bid to avoid paying a Rent Repayment Order. In the first RRO case since the landmark�

'Zero-rate VAT for property upgrades if you want to hit EPC targets' say big landlords

'Zero-rate VAT for property upgrades if you want to hit EPC targets' say big landlords

News

The British Property Federation (BPF) has called on the government to zero rate VAT on building repair and maintenance to incentivise essential upgrades across the residential sector or risk missing its 2050 net zero target. In the run-up to next weeks Budget, it says the

Politician warns big landlord fines by councils 'can be seen as hypocritical'

Politician warns big landlord fines by councils 'can be seen as hypocritical'

News

A Suffolk councillor has spoken out against targeting private landlords with tougher regulations when authorities face similar problems with their own housing stock. Both Babergh and Mid Suffolk councils have agreed that civil penalties of up to �30,000 should be used to deter

NRLA chief Ben Beadle cleared of misleading MPs on rent supply

NRLA chief Ben Beadle cleared of misleading MPs on rent supply

News

NRLA boss Ben Beadle clears his name, confirming he did not mislead MPs about private rental supply shortages.

A year in review for agents: The PRS annual report 2022

A year in review for agents: The PRS annual report 2022

Information

The Property Redress Scheme annual report 2022 has just been released and reflects on

Retro-fitting buildings for energy efficiency - is it worth it?

Retro-fitting buildings for energy efficiency - is it worth it?

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Refurbishing, or in the jargon - retrofitting - older commercial and residential buildings, according to the Government, is desirable and necessary, given that energy efficiency standards that will need to be met under the Governments legal commitment to net zero by 2050. But

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HMO group wins gong for changing official tax policy

HMO group wins gong for changing official tax policy

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HMO Reform Group won a Lifetime Achievement Award at this year’s annual HMO Awards for its campaigning work to change the law on council tax being imposed on individual HMO rooms.

Next Government 'must fund better enforcement of rogue landlords'

Next Government 'must fund better enforcement of rogue landlords'

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Rogue landlords continue to give the sector a bad name because many councils enforce private rented sector standards weakly or not at all, a new report reveals.

Labour to help thousands of tenants get on the property ladder

Labour to help thousands of tenants get on the property ladder

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Labour has revealed an uncosted plan to help 80,000 young renters get onto the property ladder, assuming his party gains power atthe General Election.

WARNING: 'Bashing landlords will make PRS as bad as social homes'

WARNING: 'Bashing landlords will make PRS as bad as social homes'

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Standards in the PRS will soon fall to those in the social sector if regulation and licensing continues to push smaller landlords out, a leading letting agent and landlord has warned.

Landlords must update their home address or face fines, says judge

Landlords must update their home address or face fines, says judge

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Landlords need to update their home address with their local council’s property licensing department or risk a penalty, an appeal judge has ruled.

Landlords take council to High Court over 'rapacious' licensing fee

Landlords take council to High Court over 'rapacious' licensing fee

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Disgruntled landlords have started legal action against Middlesbrough Council in a bid to squash its upcoming selective licensing scheme.

If you’re thinking of selling, here’s how to get the highest price for your properties this year

If you’re thinking of selling, here’s how to get the highest price for your properties this year

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We’ve all seen the headlines, from mixed-message articles to advice from experts and landlords, but if now REALLY is the best time to sell, how can we ensure we’re getting the highest amount in the fastest time?

Letting agents flag huge worries over landlords leaving market

Letting agents flag huge worries over landlords leaving market

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Letting agents are concerned that increasing numbers of landlords are exiting the market.

London rental market cools down but will rest of UK follow?

London rental market cools down but will rest of UK follow?

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The capital’s rental market continues to show signs of slowing down, with prices rising by just 1% year-on-year in May while the number of viewing request per property has dropped too.

Warwick latest town to start borough-wide big HMO licencing

Warwick latest town to start borough-wide big HMO licencing

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An Additional Licencing scheme covering all larger HMOs in Warwick has now gone live following approval of the scheme last year and a consultation.

MPs say private landlords must face same rules as social housing

MPs say private landlords must face same rules as social housing

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Select committee report is arguing for a change in the law to force private landlords to have to fix mould within days

New ombudsman will join forces with partner scheme

New ombudsman will join forces with partner scheme

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The government has revealed more details about how the new Private Rented Sector Ombudsman Service will work in practice.

MPs want landlords to sort out mouldy PRS homes

MPs want landlords to sort out mouldy PRS homes

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A cross-party group of MPs says a crackdown on social landlords to tackle damp and mould should be extended to tenants in the private rented sector.

Mortgage broker's new look marks its evolution

Mortgage broker's new look marks its evolution

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Buy-to-let intermediary Mortgages for Business is rebranding as Mortgage Finance Brokers (MFB) to reflect its more inclusive approach.

England & Wales must build 1 million more homes

England & Wales must build 1 million more homes

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1 million extra homes will be needed in England and Wales to house singles and families – this is a continually growing market for the private rented sector.

NRLA backs MPs' pragmatic plans for Renters Reform Bill

NRLA backs MPs' pragmatic plans for Renters Reform Bill

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Tory MPs have tabled a raft of amendments to the Renters Reform Bill to ensure it works for the whole private rented sector.

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.