A company specialising in sourced property deals for investors has been expelled from the https://www.theprs.co.uk/" Property Redress Scheme (PRS) and can no longer trade legally. Sourced Properties Group (SPG) Ltd, which was until now a PRS member, had been t
The amount of money flowing into UK commercial property fell across all sectors, particularly industrial, but also offices and retail, thats according to market analysis carried out by debt advisory specialists, Sirius Property Finance. And office values - secondary in partic
Landlords who are relatively heavily leveraged and achieving gross yields much below 5% could be better off reducing their mortgage balance than purchasing another property, according to new market analysis. Hamptons annual overview of the rental market explains that higher i
Property commentator Vanessa Warwick has admitted that she is one of the many landlords impacted by rising interest rates. Speaking to Phil Spencer on https://www.youtube.com/watch?v=kVVD6yVZlcc" Move iQs Property Podcast , the co-founder of PropertyTribes s
A landlord has been ordered to pay out more than �10,000 for breaching safety regulations at his large HMO. Amonbir Mander had turned the London Hotel in Stroud into an https://www.landlordzone.co.uk/news/legal-expert-warns-over-move-to-exclude-asylum-seeker-hmos-from-
Wayhome has raised �8 million
A rogue landlord has been fined a whopping �115,181 for operating four poorly run and unlicensed HMOs. West Northamptonshire Councils private sector housing team inspected the four properties, including one at 93 St Michaels Road, Northampton (pictured), in March 2020 under
Citizens Advice Scotland (CAS) is calling for a ban on landlords who evict tenants illegally as part of a strategy to clean up the private rented sector. Landlords can only be included on Scotlands landlord register if they pass a councils fit and proper person test an
The Welsh Government has published the draft legislation that will change the terms of converted contracts and any renewals that replace them within the private rented sector. This is the mechanism that will replace ASTs in Wales and replace them with occupation contracts,
Is buy to let still a good investment? In this article, Tom Entwistle, a residential and commercial landlord since the 1970s and founder of LandlordZONE , draws on his experience to weigh up whether now is a good time to invest. Is there ever a good time to
A student lettings platform has been exposed for misleading investors while raising �470,000 in a crowdfunding pitch by boasting it would become the Uber of student rentals. Edinburgh-based Student Rents , run by father and son team Grant MacCusker a
The director of a property investment and management firm has been stung with a £15,900 rent repayment order after failing to convince a First Tier Property Tribunal that he didnt know about HMO licensing. John Campbell , the boss of Hackn
A landlord has been handed a suspended jail sentence for kicking out his tenant during a national eviction ban. Amjad Ali Khattak removed the womans possessions in December 2020 and left them on the street in the rain (pictured), which was witnessed by
A senior property figure has both welcomed this week's Government announcement that guidance is imminent on how the pets element of its looming renting reforms will work but warned several problem areas need clearing up. Timothy Douglas (main picture), who is Head of Policy and
Propertymark says Scotlands emergency legislation is alienating landlords, discouraging investment, inhibiting supply, and causing rents to rise faster. It reports that while most landlords cant evict tenants following the Cost of Living Act extension, those with tenancies
Labour's Lisa Nandy proposes a mortgage guarantee scheme to help first-time buyers and limit landlord purchases, aiming to boost homeownership.
Britains demented war on landlords has already backfired�, says Daily Telegraph columnist Matthew Lynn, and There is no sign whatsoever that the Government realises it is to blame,� he says. Furthermore Mr Lynn says that the chaos in the rental market
A void energy solution and switching service for 'end of tenancy' promises to trim pounds from landlords bills. Empty rental properties incur a range of standing charges that average between 10p and 80p per day for electricity and from 5p to 60p per day for gas, averaging out
Sefton Council is on a mission to make it more difficult for landlords to convert houses into HMOs across the borough.
Rebel Labour MP Zarah Sultana has called for fellow parliamentarians to be banned from being landlords.
Landlord instructions saw the steepest fall since April 2020 last month, forcing tenants to chase fewer rentals with rising rents.
Recent tax hikes on landlords have been good for the housing market by persuading more BTL investors to sell up.
Grainger PLC is the UK’s biggest listed residential landlord - it has just converted into a Real Estate Investment Trust (REIT)
Landlords have been urged not to fall foul of looming rent rise legislation by updating their records and processes.
Scots Conservative Thomas Heald bangs the drum for the private rented sector and rejects rent controls as solution to high rents.
Landlords face rising taxes, regulations, and costs - prompting many to sell up. Is government policy pushing small landlords out of the
A senior lawyer has told landlords that they cannot blame their tenants if mould appears within privately rented homes.
A fraudulent letting agent who ripped off landlords by failing to register their deposits has escaped a jail sentence.
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.
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.
An Additional Licencing scheme covering all larger HMOs in Warwick has now gone live following approval of the scheme last year and a consultation.
Select committee report is arguing for a change in the law to force private landlords to have to fix mould within days
The government has revealed more details about how the new Private Rented Sector Ombudsman Service will work in practice.
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.
Buy-to-let intermediary Mortgages for Business is rebranding as Mortgage Finance Brokers (MFB) to reflect its more inclusive approach.
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.
Tory MPs have tabled a raft of amendments to the Renters Reform Bill to ensure it works for the whole private rented sector.
Property surveyors across the UK have reported a slowdown in tenant demand along with continued levels of diminishing stock.
Four tenants have lost their £309,000 claim for harassment but won a £21,160 rent repayment order for living in an unlicensed flat.
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.
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.
