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Concerns over loan defaults as office and retail tenants fail to renew leases

Concerns over loan defaults as office and retail tenants fail to renew leases

News

Persistent home working is affecting office occupancy rates and is leading commercial tenants to fail to renew their office leases. Ghost city streets have emerged post pandemic as occupancy rates hit a new low. In the UK it has been reported that these office space rates could

BLOG: Ministers MUST reconsider periodic tenancy plans for students

BLOG: Ministers MUST reconsider periodic tenancy plans for students

News

Last year saw worrying housing shortages in a number of university cities in the UK. In Leeds we were turning away larger than usual numbers of students at the back end of the summer as there were simply no rooms available. Even before the proposed changes under thehttp

BREAKING: Welsh Government is 'looking at rent control options'

BREAKING: Welsh Government is 'looking at rent control options'

News

The Welsh Government has launched a consultation on fair rents and adequate housing within which housing minister Julie James (main picture) reveals she is considering rent controls. The https://www.gov.wales/sites/default/files/consultations/2023-06/housing-adequ

Airbnb to give rental income data to HMRC, short lets landlords warned

Airbnb to give rental income data to HMRC, short lets landlords warned

News

Airbnb is to share data with the taxman on its hosts earnings going as far back as the 2017-18 financial year, a new warning on its website reveals. The information will help HMRC identify those making money from letting their properties without declaring it, who then face cr

LAW: Agent faces �10,000 bill after licencing fine appeal rejected

LAW: Agent faces �10,000 bill after licencing fine appeal rejected

News

A managing agent who failed to licence a property has had his appeal thrown out by a First Tier Property Tribunal. Taren Lamba tried to convince the judge that he was not in control of the property in Kenwood Road, London (main picture) by insisting that a

Illegal evictions increasing 'dramatically' says leading tenancy group

Illegal evictions increasing 'dramatically' says leading tenancy group

News

Illegal evictions and harassment by rogue landlords are increasing as tenants struggle to pay their rent and some landlords resort to criminal means to remove tenants as the court system falters and some landlords seek to exploit soaring rents, according to Safer Renting. Figure

BLOG: Will the looming 'pets in lets' rules prove pervasive?

BLOG: Will the looming 'pets in lets' rules prove pervasive?

News

In the third in a series of blogs for&nbsp;LandlordZONE&nbsp; on rental reform,&nbsp;Sean Hooker , Head of Redress at the&nbsp;https://www.theprs.co.uk/" <em

AGENT: London rental market to be 'most competitive ever' this summer

AGENT: London rental market to be 'most competitive ever' this summer

News

Prospective tenants flooding into London this summer along with the continued shrinkage in property numbers is set to create one of the most competitive rental markets ever seen. May bank holiday is when many 12-month and 18-month tenancies come to an end, explains Adam

OPINION: Rental Reform '� will it work in England?

OPINION: Rental Reform '� will it work in England?

Opinion

Across the UK nations theres been a rolling programme of rental reform, one new tenancy regime after another, but has any of this really worked for the benefit of tenants or landlords? We dont yet know the final form the Renters (Reform) Bill will take, theres a long wa

New Property Portal will be 'gold mine' for HMRC snooping, warns lawyer

New Property Portal will be 'gold mine' for HMRC snooping, warns lawyer

News

A law firm has warned that the looming property portal will be a gold mine for tax investigators who are likely to focus on accidental landlords rather than rogue operators. The new landlord database proposed by the Renters (Reform) Bill could expose those landlords who may - p

EPCs: Leading mortgage lender to help landlords upgrade properties

EPCs: Leading mortgage lender to help landlords upgrade properties

News

A new Home Energy Efficiency Tool promises to help landlords and homeowners make their homes more energy efficient and reduce bills. The Nationwide Building Society initiative aims to provide information about their current energy use and will then outline the cost, energy or ca

EXCLUSIVE: Evictions halted as bailiffs down tools over safety concerns

EXCLUSIVE: Evictions halted as bailiffs down tools over safety concerns

News

Landlords face even longer waits than normal to evict tenants in London after two big landlords were told that bailiff operations are to be suspended for the foreseeable future. This unusual situation has been blamed by officials on now confirmed health and safety reaso

'Reform bill misses point - we need more affordable rented homes, not regulation'

'Reform bill misses point - we need more affordable rented homes, not regulation'

News

Rent reforms wont work until the real problem of affordable housing waiting lists is addressed, according to leading property expert Kate Faulkner. Although MPs are focusing on the PRS, the housing crisis is nothing to do with the private sector, believes Faulkner, who sugges

NAMED: Where landlords will face hottest competition from Build to Rent

NAMED: Where landlords will face hottest competition from Build to Rent

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Traditional landlords in the Midlands face growing competition as the region looks set to witness a big expansion in the build-to-rent sector. Birmingham led the way nationally in 2021, according to JLL, which reports that of the pipeline of 50,000 BTR homes outside London, 11,3

Lenders pull BTR mortgages as Bank of England threatens more rate rises

Lenders pull BTR mortgages as Bank of England threatens more rate rises

News

Landlords have increasingly fewer BTL mortgages to choose from as lenders withdraw products amid a rise in average fixed rates. Moneyfacts reports that since the beginning of last week, the number available has dropped from 2,748 deals to 2,343 while the average rate on two- and

HMO landlord loses landmark appeal against ban and £22,000 fine

HMO landlord loses landmark appeal against ban and £22,000 fine

News

A rogue landlord has lost a landmark case after she failed to convince an Upper Tribunal to overturn her banning order. <figure id="" class="w-richtext-figure-type- " data-rt-type="" data-rt-align=""><div><img src="https://cdn.prod.website-files.com/63bef2f3c329eff8e3a4af45/64cb99f6e035517f

BREAKING: Scotland extends rent cap and evictions freeze until March 2024

BREAKING: Scotland extends rent cap and evictions freeze until March 2024

News

Landlords in Scotland face further pain after it was announced today that it will for a second time extend the rent cap and evictions freeze first introduced in October last year to help combat rising inflation. The measures within the Cost of Living (Tenant Protec

MYSTERY shoppers reveal holes in BTR's claims to be 'better than PRS'

MYSTERY shoppers reveal holes in BTR's claims to be 'better than PRS'

News

The burgeoning build-to-rent (BTR) sector has been warned not to rest on its laurels as new research reveals slipping customer service standards. Consultancy hereSAYs BTR Mystery Shopping Benchmark Report found that although the developments still prese

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Research shows big city council doing 'very little' to police bad landlords

Research shows big city council doing 'very little' to police bad landlords

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Councils across Greater Manchester are failing to enforce disrepair in the PRS, putting tenants at the mercy of a potential postcode lottery - and highlighting the huge gap in

'Stop landlord bashing' says renting sector chief as conference season starts

'Stop landlord bashing' says renting sector chief as conference season starts

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Politicians should stop landlord bashing to prevent further damage to the private rented sector, says one property body boss.

WATCH: The five main ways to evict a tenant after reform bill becomes law

WATCH: The five main ways to evict a tenant after reform bill becomes law

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Two experts have spelled out the challenges landlords will face when evicting tenants once the Government's plans to reform the private rented sector become law, most likely

New net zero minister urged to give landlords clarity on EPC changes

New net zero minister urged to give landlords clarity on EPC changes

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New Energy Security and Net Zero Secretary Claire Coutinho (main picture) has been encouraged to focus on driving through new EPC rules as the green debate be

NRLA wants you to run your properties better and avoid 'red tape' fines

NRLA wants you to run your properties better and avoid 'red tape' fines

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The National Residential Landlords Association (NRLA) has launched two new initiatives that will help members manage their properties better and also be compliant with the myr

Landlords are not evil says buy-to-let mortgage lender, Paragon Bank’s chief

Landlords are not evil says buy-to-let mortgage lender, Paragon Bank’s chief

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In a recent interview conducted for The Sunday Times, Nigel Terrington, the chief executive of Paragon Bank for the last 28 years, says he has witnessed the growth an

Private rented sector 'a failure' says tenant union lobbying for radical restructure

Private rented sector 'a failure' says tenant union lobbying for radical restructure

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Tenants' union Acorn has admitted it is out to shake up the structure of property ownership � as well as taking on rogue agents and landlords.

REVEALED: Is it worth upgrading rental properties to meet new EPC rules?

REVEALED: Is it worth upgrading rental properties to meet new EPC rules?

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Landlords updating their properties to meet imminent Energy Performance Certificate (EPC) changes could make more in lifetime energy savings than they pay out for green improv

AGENT: Landlords 'must support local communities and provide for social tenants'

AGENT: Landlords 'must support local communities and provide for social tenants'

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A leading property management firm has called on private landlords to support the social tenant sector following yesterday's report from London Councils tha

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.

Rent fall 'no breakthrough' in challenging market

Rent fall 'no breakthrough' in challenging market

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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.

No law on cards for private landlords to tackle mould

No law on cards for private landlords to tackle mould

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The government has rejected calls for private landlords to be given similar deadlines to the social housing sector for dealing with damp and mould.

New year brings change in top jobs at NRLA

New year brings change in top jobs at NRLA

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The NRLA has made two top-level appointments to bolster its service at the start of a crucial year.

Letting agencies join forces to create franchise supergroup

Letting agencies join forces to create franchise supergroup

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The Property Franchise Group (TPFG) and Belvoir Group have agreed to a merger to create a wide-reaching property franchise business.

Drugs gang hid behind student lets firm to make millions

Drugs gang hid behind student lets firm to make millions

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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.

Wales on track to license all holiday homes

Wales on track to license all holiday homes

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All short-term lets in Wales will soon have to be registered and licensed under plans announced by the Welsh government.

New year heralds brighter BTL mortgage outlook

New year heralds brighter BTL mortgage outlook

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Mortgage market drama should subside this year, thanks to stable property prices, strong rental demand, rising rents and softening mortgage interest rates.

Warning: New-look Scottish rent controls risk backfiring

Warning: New-look Scottish rent controls risk backfiring

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A new adjudication process for rent controls in Scotland could add further layers of bureaucracy without benefitting landlords or tenants.

Legal case: rent repayment orders - honesty the best policy

Legal case: rent repayment orders - honesty the best policy

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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

Landlords forced to take a hit on costs by asking lower rents

Landlords forced to take a hit on costs by asking lower rents

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More landlords are being forced to reduce advertised rents in the cost-of-living crisis.