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Government admits PRS is in trouble as supply dwindles

Government admits PRS is in trouble as supply dwindles

News

Government acknowledges private rental sector shortage, pledges action to boost housing supply amid growing demand and affordability concerns.

Legal: Commercial landlord regains possession against opposition...

Legal: Commercial landlord regains possession against opposition...

News

In the case of B&M Retail Ltd v HSBC Bank Pension Trust (UK) Ltd [2023], The Central London County Court was asked to rule on a claim for possession by the landlord under the rules of the Landlord and Tenant Act 1954. The landlord was seeking possession against the tenant

Crunch time for PRS revealed as increasing numbers of 'pioneer' landlords retire

Crunch time for PRS revealed as increasing numbers of 'pioneer' landlords retire

News

Thousands of landlords who entered the private rented sector following the introduction of dedicated buy-to-let mortgages in 1996 are now retiring in increasing numbers, it has been revealed. Research by estate agency Hamptons reveals that some 140,000 landlords retired in 2022,

Landlord mortgage costs rising faster than rent rises, research shows

Landlord mortgage costs rising faster than rent rises, research shows

News

Barrows and Forrester reports UK landlords' mortgage costs rose 20–45% since 2021, outpacing rent increases, squeezing rental yields.

Consultation reveals majority of residents oppose wider selective licencing

Consultation reveals majority of residents oppose wider selective licencing

News

Plans to bring in a vast new selective licencing scheme within Brent have been given a resounding thumbs down from both landlords and, surprisingly, the London boroughs residents too. <figure id="" class="w-richtext-figure-type- " data-rt-type="" data-rt-align=""><div><img src="https:

AIRBNB: Tory 'free marketeers' attack Gove over short-lets clamp-down

AIRBNB: Tory 'free marketeers' attack Gove over short-lets clamp-down

News

Michael Goves plans announced yesterday to require owners of holiday lets in tourist hotspots to get planning permission for their properties has not gone down well in some quarters of the Conservative party. The https://www.landlordzone.co.uk/news/breaking-governmen

Portsmouth HMOs face council tax re-banding surge

Portsmouth HMOs face council tax re-banding surge

News

Landlords locked in a battle with Porsmouth council over its approach to shared houses have branded its recent planning decisions an anti-HMO campaign. Trouble has been brewing the city since councillors on its planning committee began overriding the councils own planni

EXPERT: Why are so many agents and landlords ignoring fees law?

EXPERT: Why are so many agents and landlords ignoring fees law?

News

Experts highlight widespread non-compliance with the Tenant Fees Act 2019, with many landlords and agents unlawfully charging prohibited fees.

Planning permission for short-lets proposed in popular areas

Planning permission for short-lets proposed in popular areas

News

Government to curb Airbnb boom by introducing planning permission for short‑lets in England’s holiday hotspots.

OPINION: Yet another property training company bites the dust!

OPINION: Yet another property training company bites the dust!

Opinion

I have lost track of the number of firms offering property investment courses and investment vehicles that have gone bust in my own experience, some offering dodgy training courses or imaginative investment schemes of one sort or another, and right down to those plying outright scams. <p

TV: Shamplina defends landlords who conduct 'extreme tenant vetting'

TV: Shamplina defends landlords who conduct 'extreme tenant vetting'

News

TV star Paul Shamplina has defended landlords who ask tenants to provide additional referencing information such as copies of their CV or LinkedIn profiles. Appearing on TV this morning (watch below), he told presenters Eamon Holmes and Isabel Webster from GB News that in a high

Council warns of 'stiff HMO penalties' as it fines landlord �23,000

Council warns of 'stiff HMO penalties' as it fines landlord �23,000

News

A big council in the South East of England has warned landlords who dont licence their HMO properties that they face stiff fines for non-compliance. <figure id="" class="w-richtext-figure-type- " data-rt-type="" data-rt-align=""><div><img src="https://cdn.prod.website-files.com/63bef2f3c

Decent Homes Standard poses little risk for landlords

Decent Homes Standard poses little risk for landlords

News

Paragon Bank survey shows 62% of landlords support Decent Homes Standard; 74% frustrated by lack of action against substandard housing.

Claiming EPCs will cost £1000s to upgrade from D to C 'inaccurate' says expert

Claiming EPCs will cost £1000s to upgrade from D to C 'inaccurate' says expert

News

There have been many articles in the media stating that it will cost £5,000 to £6,000 to improve a residential landlords EPC from D to C. James Tanner, whose family operates a London-based PRS portfolio,&nbsp;and&nbsp;who also runs a https://www.jtannerproperties.c

NEW: 36% of tenants would accept a rent increase from a good landlord

NEW: 36% of tenants would accept a rent increase from a good landlord

News

New research within the private rented sector has unearthed surprising attitudes to rent increases among tenants. Uswitch asked 2,000 renters whether they would accept an increase when renewing their rental contract and found that on average 36% would accept an increase while 50

BREAKING: £17.9 billion landlord bill for EPC upgrades revealed

BREAKING: £17.9 billion landlord bill for EPC upgrades revealed

News

Private landlords face a combined bill of �17.9 billion to upgrade their properties to a minimum EPC band C by 2025, with landlords in the capital facing the largest bill at �3.2 billion. Knight Franks figures highlight the looming crunch within the private rented sector pr

Be wary of property courses offering 'quick routes to success' says expert

Be wary of property courses offering 'quick routes to success' says expert

News

Leading landlord and evictions figure Paul Shamplina has warned those seeking property investment training to be wary of courses which seem to provide easy shortcuts to success�. His comments were made over the weekend within an investigation by The Telegraph newspaper into

Average holiday home investor income rises by 59% since 2019

Average holiday home investor income rises by 59% since 2019

News

The UKs largest holiday home rentals website has published shocking figures that reveal the average income earned by property investors on its platform. Sykes Holiday Cottages Holiday Letting Outlook Report 2023 reveals that its average owner saw an income of �24,000 last

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Should landlords be worried about the looming EPC upgrade deadline?

Should landlords be worried about the looming EPC upgrade deadline?

Podcast
News
Podcast
Opinion
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The LandlordZONE podcast sat down with Nationwide's Landlord Lending Chief to talk EPCs and what they mean for landlords.

EXCLUSIVE: Landlord group reveals battle to stop licensing scheme

EXCLUSIVE: Landlord group reveals battle to stop licensing scheme

News
News
Podcast
Opinion
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Landlords in Scunthorpe have called for judicial reform after their bid to challenge an upcoming selective licensing scheme failed.

Landlords urged to check electrical paperwork or risk fine

Landlords urged to check electrical paperwork or risk fine

News
News
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Opinion
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Millions of landlords will have to renew their Electrical Installation Condition Reports in the coming months, warn electrical certification body.

Over 1,000 people sign anti-holiday let petition in hotspot

Over 1,000 people sign anti-holiday let petition in hotspot

News
News
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Opinion
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Disgruntled residents in York have backed a petition to clamp down on the number of short-term lets in the city.

'Reckless' letting agent fined over illegally rented properties

'Reckless' letting agent fined over illegally rented properties

News
News
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Opinion
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A firm has been handed a £14,000 fine for renting out a dangerously unsafe house to vulnerable tenants.

Fur flies as social media vilifies landlord over cat sitting request

Fur flies as social media vilifies landlord over cat sitting request

News
News
Podcast
Opinion
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A landlord has been lambasted for offering a room to rent with the condition that the tenant must look after two cats.

Letting agents report landlords quitting 'in droves' ahead of reforms

Letting agents report landlords quitting 'in droves' ahead of reforms

News
News
Podcast
Opinion
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Letting agents across the UK have expressed fears about landlords quitting in their droves ahead of the Renters’ Rights Act.

CLAIM: 'Insurance is only way to solve the pets-in-lets problem'

CLAIM: 'Insurance is only way to solve the pets-in-lets problem'

News
News
Podcast
Opinion
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Information

A pet campaigner has warned that it will be a travesty if the government fails to overturn a House of Lords decision to reject plans for pet insurance

Landlord warns new red tape will reduce rental supply

Landlord warns new red tape will reduce rental supply

News
News
Podcast
Opinion
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Information

Landlords in Guernsey have warned that new minimum standards brought in this week to make rental homes safer will spark a PRS exodus.

Winchester council latest to become big private landlord

Winchester council latest to become big private landlord

News
News
Podcast
Opinion
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Winchester City Council has set up its own housing company, Venta Living, one of a growing number of councils going down the private route to help meet the growing demand for rental properties.

Landlord fined £6,500 after member of public reports HMO

Landlord fined £6,500 after member of public reports HMO

News
News
Podcast
Opinion
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A landlord in Norfolk has been fined £6,500 after a significant investigation by local housing officers.

Lawyer warns landlords NOT to blame tenants for mould

Lawyer warns landlords NOT to blame tenants for mould

News
News
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A senior lawyer has told landlords that they cannot blame their tenants if mould appears within privately rented homes.

Letting agent avoids jail after defrauding seven landlords

Letting agent avoids jail after defrauding seven landlords

News
News
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A fraudulent letting agent who ripped off landlords by failing to register their deposits has escaped a jail sentence.

Absentee landlord to pay tenants £10k over mouldy, unlicenced property

Absentee landlord to pay tenants £10k over mouldy, unlicenced property

News
News
Podcast
Opinion
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Information

Three tenants have pocketed £10,060 between them after winning a rent repayment order against their landlord for letting out a mouldy HMO with “lamentable” fire safety.

Tribunal orders big landlord to pay £16m toward cladding costs

Tribunal orders big landlord to pay £16m toward cladding costs

News
News
Podcast
Opinion
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Information

One of the UK’s largest private landlords has been ordered to pay £16 million towards the cost of fixing cladding-related fire safety problems at a group of five residential towers in London.

Warwick latest town to start borough-wide big HMO licencing

Warwick latest town to start borough-wide big HMO licencing

News
News
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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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News
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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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News
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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

News
News
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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

News
News
Podcast
Opinion
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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

News
News
Podcast
Opinion
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Information

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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News
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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

News
News
Podcast
Opinion
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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

News
News
Podcast
Opinion
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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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News
Podcast
Opinion
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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

News
News
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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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News
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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

News
News
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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

News
News
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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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News
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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

News
News
Podcast
Opinion
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Information

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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News
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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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News
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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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News
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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.