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Mortgage woes spark surge in landlords selling portfolios

Mortgage woes spark surge in landlords selling portfolios

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Landlords with portfolios of 20 properties or more are making up the bulk of enquiries about selling to the Landlord Sales Agency. Despite reports that smaller landlords with one or two properties will be hardest hit by current market conditions, the firm has one landlord client

Housing chief tries to reassure landlords over looming eviction changes

Housing chief tries to reassure landlords over looming eviction changes

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Government officials have reassured private landlords that judges will be able to consider a wider range of behaviours before using their judicial discretion in ASB eviction cases. Giving evidence to the Levelling Up Housing and Communities Committee into

Landlords face losses amid soaring mortgage rates

Landlords face losses amid soaring mortgage rates

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Almost 250,000 BTL landlords face refinancing losses as borrowing rates near 7%, says Daily Telegraph.

Renting reform bill progress unlikely until much later this year, admits minister

Renting reform bill progress unlikely until much later this year, admits minister

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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

Labour WARNED over claim that 'most renters live in homes owned via mortgages'

Labour WARNED over claim that 'most renters live in homes owned via mortgages'

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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

Horrendous overcrowding at dilapidated HMO leads to £17,000 fine for landlord

Horrendous overcrowding at dilapidated HMO leads to £17,000 fine for landlord

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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

Bank of England warns landlords face 'impossible position' as rates rise

Bank of England warns landlords face 'impossible position' as rates rise

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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:

Landlord mortgage arrears outstrip home owners' as costs squeeze profitability

Landlord mortgage arrears outstrip home owners' as costs squeeze profitability

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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

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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

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Tenants dig deep to raise funds for major homelessness charity

Tenants dig deep to raise funds for major homelessness charity

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mydeposits’ Total Property platform has raised a staggering £300,000 for youth homelessness charity Centrepoint since its launch last May.

Extraordinary revival in buy-to-let borrowing revealed

Extraordinary revival in buy-to-let borrowing revealed

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New official buy-to-let lending figures have revealed an extraordinary revival in the landlord market.

Council chief slams landlords who 'take advantage of low housing supply'

Council chief slams landlords who 'take advantage of low housing supply'

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Comments are made after landlords in the city is ordered to pay £10,000 after ignoring HMO licensing conditions for a property.

Landlord who joked about evading licensing must pay tenants £17,500

Landlord who joked about evading licensing must pay tenants £17,500

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A landlord who asked his tenants to only shower once a week and limit cooking to light meals has been landed with a £17,574 Rent Repayment Order.

New shadow housing secretary James Cleverly has landlord track record

New shadow housing secretary James Cleverly has landlord track record

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The private rented sector now has a new champion for their sector in the form of James Cleverly, who has been appointed shadow secretary for housing.

Labour warned renting reforms will do 'more harm than good'

Labour warned renting reforms will do 'more harm than good'

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Comments made by Conservative housing spokesperson in Lords as Renters' Rights Bill nears becoming law.

Landlords win latest round in long-running licensing battle

Landlords win latest round in long-running licensing battle

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Luton Council is to face yet another legal challenge in its attempt to introduce a long-delayed selective licensing scheme.

Landlord slams council for 'unfair' approach to licensing fees

Landlord slams council for 'unfair' approach to licensing fees

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Benefits landlord Mick Roberts has slammed Nottingham Council for its inflexible stance on licensing fees for homes he’s trying to sell.

Councils to get “snap inspection” powers to check your property

Councils to get “snap inspection” powers to check your property

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The government is to hand councils the power to carry out secret inspections on private rental properties

Landlord under investigation over ban breaches

Landlord under investigation over ban breaches

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A banned Bristol landlord is under investigation after at least nine of her properties appeared on Airbnb.

BREAKING: Landlords given suspended sentences over Covid loan fraud

BREAKING: Landlords given suspended sentences over Covid loan fraud

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Two landlords have been handed suspended jail sentences for abusing a Covid Bounce Back Loan then dissolving their company to avoid paying it back.

£4 million merger creates Airbnb competitor in luxe short-lets

£4 million merger creates Airbnb competitor in luxe short-lets

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Landlords looking to rent their properties out via short lets now have more choice after British platform UnderTheDoormat announced it has merged with European counterpart Veeve.

Landlord average mortgage rises from £802 to £1,370 a month

Landlord average mortgage rises from £802 to £1,370 a month

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Monthly interest costs have soared by 283% since 2021 for landlords using interest-only mortgages, while those making a full monthly repayment have seen the monthly cost of their mortgage climb by 71%.

Landlords caught up in CGT schemes need to mug up on the rules

Landlords caught up in CGT schemes need to mug up on the rules

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This article discusses the implications for landlords of capital gains tax (CGT), a tax avoidance scheme and it sets out a brief summary of property tax rules.

Renew electrics now to avoid 2025 EICR rush

Renew electrics now to avoid 2025 EICR rush

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Landlords urged to renew Electrical Installation Condition Reports (EICRs) in 2024 to avoid delays and potential fines as demand surges in 2025.

Letting agency faces strike off after failing landlord clients

Letting agency faces strike off after failing landlord clients

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Scottish ministers could decide to strike letting agent Belvoir Perth from the country's letting register after it ignored a tribunal order to pay out compensation.

Landlord defends 'publicity stunt' chainsaw eviction video

Landlord defends 'publicity stunt' chainsaw eviction video

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Controversial property educator Samuel Leeds has insisted that his latest online video – breaking through a door with a chainsaw – wasn’t illegal and aimed to highlight private landlords’ predicament.

Lawyers call for more cash to fund tenant eviction fight-backs

Lawyers call for more cash to fund tenant eviction fight-backs

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The Law Society of England and Wales has called for more housing legal aid to help those tenants facing eviction or repossession.

Midlands town issues first banning order - against criminal landlord

Midlands town issues first banning order - against criminal landlord

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Warwick Council has handed out its first banning order, to rogue landlord Grzegorz Surminski who sub-let a dangerous and unlicensed HMO.

Landlord fails in unusual attempt to overturn banning order

Landlord fails in unusual attempt to overturn banning order

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A landlord has failed in a bid to overturn his banning order on the grounds that his convictions were spent by the time it was imposed by a First Tier Property Tribunal.

City-wide landlord accreditation scheme launched with fees sweetener

City-wide landlord accreditation scheme launched with fees sweetener

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Nottingham council has launched a city-wide ‘good landlord’ accreditation scheme and offered those who join the scheme a 10% reduction on fees for its private sector licencing schemes.

High profile tenant given six months in jail for rental fraud

High profile tenant given six months in jail for rental fraud

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A director of the Scottish Women’s Premier League (SWPL) who defrauded her elderly landlord out of £30,000 has been jailed for six months.

UPDATE: NW council approves bigger selective licencing scheme

UPDATE: NW council approves bigger selective licencing scheme

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Two selective licencing schemes operated by Wirral Council in and around Birkenhead have been renewed with a further two schemes about to be launched following a consultation.

Southcoast city latest to charge landlords £500 for improvement notices

Southcoast city latest to charge landlords £500 for improvement notices

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Landlords in Brighton and Hove face a £500 charge if they are handed an improvement notice, as part of a council crackdown on failing properties.

How bad is the rental crisis? Latest figures reveal reality not the hype

How bad is the rental crisis? Latest figures reveal reality not the hype

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One of the key arguments used by housing campaigners to criticise the private rented sector and its landlords has been contradicted by the latest English Housing Survey.

Nightmare tenant sentenced after stealing landlord's furnishings

Nightmare tenant sentenced after stealing landlord's furnishings

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A tenant who stole almost £2,000 of furnishings from his elderly landlord has been handed a suspended jail sentence

MPs warn renting reforms could make PRS worse, not better

MPs warn renting reforms could make PRS worse, not better

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A cross-party group of MPs and peers has warned that the government needs to get its Renters Reform Bill right if it is to avoid exacerbating the housing crisis.

The US CoStar Group has completed a takeover of UK property portal OnTheMarket.com

The US CoStar Group has completed a takeover of UK property portal OnTheMarket.com

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US based CoStar, a force to be reckoned with in property, has completed a takeover of UK property portal, OnTheMarket.com

Lettings firm accused of breaking evictions ban

Lettings firm accused of breaking evictions ban

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Three students have threatened to take their landlord to tribunal for allegedly flouting eviction ban regulations which meant they were forced out of their flat while studying for exams.

Landlord given £485,000 fine over ‘sheds with beds’

Landlord given £485,000 fine over ‘sheds with beds’

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A rogue landlord who used a fake name to evade the law has been handed a whopping £485,000 in fines after he was found illegally renting out a large shed as five flats.

US bank predicts rebound in UK property prices

US bank predicts rebound in UK property prices

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US bank predicts turnaround in UK property market - inflation down to 3 per cent in two years

London's most expensive selective licencing scheme revealed

London's most expensive selective licencing scheme revealed

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Landlords in one of London’s biggest boroughs face a new selective schemes following a consultation launched by Lambeth council.

Recent research by Savills points to more landlords being priced out of BTL

Recent research by Savills points to more landlords being priced out of BTL

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More landlords to be priced out of BTL as rent increases slow from their peak

MP in second bid to stop landlords evicting benefits tenants in arrears

MP in second bid to stop landlords evicting benefits tenants in arrears

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An SNP MP has made another attempt to prevent PRS landlords from evicting benefit tenants who are in arrears.