Rent arrears jumped by 44% to an average of £2,597 during the final three months of 2024, latest year-on-year figures reveal, while on a quarterly basis they increase by 26%.
Landlords know the score – it’s tough out there and hordes of Landlords are rushing to sell before Section 21 is abolished.
New data reveals that 20% of landlords across England and Wales have sold property during the last 12 months, almost three times more than the 7% who had bought new homes to rent.
One of the UK’s largest tenant referencing firms has warned that the restrictions to be placed on landlords by the looming Renters’ Rights Bill will push up rent arrears.
The new Labour Government has been busy changing the rules on EPCs for rentals and there’s ongoing consultation exercises to decide what changes are needed
A landlord has been fined almost £5,000 after being found guilty for a second time of operating an illegal HMO.
Middlesborough Council has brought in new planning restrictions to clamp down on the “wrong sort of HMOs”.
Gateshead is to push ahead with new property licensing schemes despite local landlords and letting agents opposing them including 93% saying the fees are ‘too high’.
Rental property yields are shrinking as the costs created by more regulations and legislation eat into landlord profits – so is it time more BTL landlords became SME developers?
Scotland’s tenants’ union has warned that removing rent rise reprotections will lead to an uptick in de facto evictions and homelessness.
Maidstone Borough Council has become the latest authority hoping to entice private landlords to hand over their properties in exchange for guaranteed rent.
A rogue landlord who squeezed six people into one room of his HMO has been told to pay £37,000 in fines and costs.
The UK’s new towns will favour build-to-rent developers rather than private landlords, according to a think tank which labels them “profit-seeking institutional investors”.
Croydon has announced plans to bring back its selective licensing scheme after a five-year break.
A student housing firm has been told to pay £13,160 for breaching safety regulations at a Salford HMO.
Landlords will collectively have to spend more than £20billion making improvements to their rental properties to meet proposed new energy efficiency standards
Gravesham Council is looking into a possible planning breach after studio flats were advertised for rent at a disused Premier Inn.
The NRLA has insisted that its evidence around the Renters’ Rights Bill was not “alarmist” nor due to “fundamental opposition” to proposed changes as claimed by housing minister Matthew Pennycook.
Higher market rents is the most common reason given by landlords for a rent hike, affecting 20% of private renters, according to new research by Generation Rent.
Irish landlords are facing rent controls after one of the three main parties running for election next Friday (29th November) promised to ‘cut rents’ as the cost of living continues to be an issue.
Preventing landlords from raising rents in between tenancies is an idea - like rent controls - that simply “could not survive contact with reality”, says Scotland’s landlord body.
Landlords who have properties within ‘problem’ leasehold blocks have been given some good news following housing minister Matthew Pennycook confirmation that Labour will ‘end leasehold’ and make commonhold the ‘default’ tenure before the end of this parliament.
Smaller landlords are being forced out of the private rental sector in favour of corporate limited companies – and tenants will be the losers, according to one landlord who’s quitting.
Three rogue landlords have been fined a total of £403,079 for operating a network of unlicensed and unsafe HMOs, labelled “an orchestrated system of neglect for financial gain”.
New LandlordZONE podcast features Suzanne Smith sharing her journey from lawyer to full-time portfolio landlord.
BTL landlords enjoyed average yields of 6.72% in September, up from 6.69% at the end of the second quarter and 6.48% in the previous year.
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.
UK rents increased by 6.2% in the year to December 2023 - the joint highest annual percentage change since 2016.
Experts and campaigners giving evidence to the Leasehold and Freehold Reform Bill committee have endorsed a commonhold system.
Tenants across the UK are being asked to comply with an extensive fraud checklist to confirm their eligibility for Universal Credit.
Propertymark has welcomed the Welsh government’s commitment that private landlords shouldn’t have to refer tenants at risk of homelessness.
Up to one million new rental homes will be needed to accommodate growing demand by 2031, particularly from young families, across England and Wales.
Almost 2,000 letting agent branches shut up shop last year which meant 2023 ended with 659 fewer branches on the high street.
Nearly a fifth of landlords believe the government should prioritise better access to finance so they can carry out retrofitting plans.
A record 50,004 limited BTL companies were set up last year, driven by landlords looking to shelter themselves from higher interest rates.
Michael Gove says that under Awaab’s Law, social housing landlords must deal with condensation issues without delay.
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.
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
A landlord who was unable to conduct an electrical safety check due to his hoarding tenant has had a £3,500 fine quashed.
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.
CreditLadder has teamed up with Digital ID Connect so app users can report rental payments into credit reference agencies.
Monthly rental costs fell by 0.9% across the UK during December and by 2.2% in Greater London - one of the biggest drops seen in 2023.
The government has rejected calls for private landlords to be given similar deadlines to the social housing sector for dealing with damp and mould.
The NRLA has made two top-level appointments to bolster its service at the start of a crucial year.
The Property Franchise Group (TPFG) and Belvoir Group have agreed to a merger to create a wide-reaching property franchise business.
An organised crime group which used a student letting firm as a front for their multi-million-pound empire have been guilty of drug offences.
All short-term lets in Wales will soon have to be registered and licensed under plans announced by the Welsh government.
Mortgage market drama should subside this year, thanks to stable property prices, strong rental demand, rising rents and softening mortgage interest rates.
A new adjudication process for rent controls in Scotland could add further layers of bureaucracy without benefitting landlords or tenants.
A Rent Repayment Order (RRO) is an order that allows a tenant or local authority to reclaim rent or housing benefit where a landlord rents out an unlicensed property such as a house in multiple occupation (HMO). Rent Repayment Orders are obtained through a residential property t
