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Report reveals £45 billion contribution landlords make to economy

Report reveals £45 billion contribution landlords make to economy

News

A new report published today claims that 390,000 jobs rely on the private rented sector as critics of the sector, including the Guardian newspaper, have called for it to be shrunk or abolished entirely.

UK's only city-wide licencing scheme 'gets tough' on landlords

UK's only city-wide licencing scheme 'gets tough' on landlords

News

Landlords in Oxford who fail to sign up to the city’s licensing scheme are being threatened with fines and enforcement action after a year of relative ‘grace’.

REPORT: Will lower inflation lead to lower BTL mortgage rates?

REPORT: Will lower inflation lead to lower BTL mortgage rates?

News

Falling UK inflation could herald some good news for BTL landlords over the coming months, according to mortgage experts.

A reminder for landlords that electrical safety checks are mandatory

A reminder for landlords that electrical safety checks are mandatory

Information

Until recently landlords only had to concern themselves gas safety checks - but now all residential landlords or their agents must arrange for regular electrical safety checks (every 5 years)

Court approves tough bankcruptcy limits on 'property guru'

Court approves tough bankcruptcy limits on 'property guru'

News

Infamous property guru Glenn Armstrong, who misled dozens of investors by promising to make them rich, has been handed tough bankruptcy restrictions lasting 12 years.

Tenant pockets £5,000 from Tribunal after realising HMO was unlicenced

Tenant pockets £5,000 from Tribunal after realising HMO was unlicenced

News

A tenant who discovered that his landlord had not licenced the HMO in which he lived is to pocket £5,000 after winning a rent repayment order (RRO) during a Tribunal hearing.

Spring Budget shortfalls: What was missing for landlords?

Spring Budget shortfalls: What was missing for landlords?

Opinion

Budget fails buy-to-let landlords – tax reliefs slashed and housing crisis ignored, despite CGT cut and NI tweaks.

Murder conviction bars landlord from running rental properties

Murder conviction bars landlord from running rental properties

News

A landlord who was jailed for culpable homicide in 2008 has been refused permission to rent out flats in Glasgow, despite claiming he has taken ‘responsibility for his actions’ and moved on.

Escalating 'housing emergencies' are Government's fault, say Scots letting agents

Escalating 'housing emergencies' are Government's fault, say Scots letting agents

News

Letting agents have blamed poor Scottish government policies for the growing number of councils declaring ‘housing emergencies’.

Heat pumps still 'too expensive' warns national spending watchdog

Heat pumps still 'too expensive' warns national spending watchdog

News

Heat pump sales continue to be hampered by high costs, lown awareness and a lack of long-term financial support, the government’s spending watchdog has warned.

90% of landlords reject Scottish rent control plans, official poll reveals

90% of landlords reject Scottish rent control plans, official poll reveals

News

Vast majority of landlords have flatly rejected future widespread rent control across Scotland, in a new Holyrood survey.

Landlord fined after tenant harrassment revealed in court

Landlord fined after tenant harrassment revealed in court

News

A landlord has been ordered to pay £2,500 in fines, compensation and costs after he admitted harassing two of his tenants.

Will landlord MPs stymie the Rental (reform) Bill?

Will landlord MPs stymie the Rental (reform) Bill?

News

Momentum appears to be growing to torpedo the controversial legislation as evidence emerges that the Bill is ‘close to collapse’ in Parliament.

Should a good rent payment record count towards a mortgage application

Should a good rent payment record count towards a mortgage application

News

It used to be the case that renting was a temporary phase in a young persons life. It gave flexibility until their career settled down to a fixed employer and a fixed location. But todays property prices mitigate against this pattern. Many people are locked into renting fa

Generation Rent calls for big landlord regulation push in Wales

Generation Rent calls for big landlord regulation push in Wales

News

Generation Rent has urged the Welsh government to introduce an ombudsman for the PRS along with more grounds for rent repayment orders (RROs) in order to improve tenants’ lives.

80% of landlords say banning Section 21 evictions 'a mistake'

80% of landlords say banning Section 21 evictions 'a mistake'

News

The vast majority of landlords and letting agents view the Government’s plans to abolish Section 21 evictions as a mistake, a new report has revealed.

Hunt's Spring Budget hid 'stealth' tax grab on landlords via CGT rules

Hunt's Spring Budget hid 'stealth' tax grab on landlords via CGT rules

News

Jeremy Hunt’s recent Spring Budget hid a ‘steal tax’ on landlords seeking to sell properties after April 1st, it has been claimed.

Time ticking away for Bill prompts fresh concerns

Time ticking away for Bill prompts fresh concerns

News

Fears are growing that the government is going soft on its commitment to the Renters Reform Bill.

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Hold-up for Renters' Reform Bill blamed on 'procedural issues'

Hold-up for Renters' Reform Bill blamed on 'procedural issues'

News
News
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Government delays Renters Reform Bill due to procedural issues, raising concerns over potential dilution of tenant protections.

The best service for landlords who need to sell their property

The best service for landlords who need to sell their property

News
News
Podcast
Opinion
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Information

If you're a landlord who needs to sell their properties and is struggling, keep reading, because we have the best solution for you. No catch, no fuss, we simply know exactly what to do to help you. <figure id="" class="w-richtext-figure-type- " data-rt-type="" data-rt-align=""><div><img

No deposit needed for home-buying renters with good track record

No deposit needed for home-buying renters with good track record

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News
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https://www.skipton.co.uk/" Skipton has launched a new mortgage specifically for renters who can now buy a house without needing a deposit. Tenants who can evidence affordability and have a strong track record of rental payments can borrow up to 100% of a prop

Landlords rush to offload their energy-poor properties

Landlords rush to offload their energy-poor properties

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News
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Thousands of private landlords have started selling their properties ahead of government changes to Energy Performance Certificate (EPC) regulations. More than 65,000 rental properties went up for sale in the first three months of the year, 36,460 of which had an EPC rating of

Education job needed for tenants to make link between cold and mould

Education job needed for tenants to make link between cold and mould

News
News
Podcast
Opinion
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Information

Public information campaigns are needed to raise awareness of the consequences of not turning the heating on as often in rented properties, says the NRLA. When quizzing 2,000 tenants in England and Wales about the impact rising utility bills have had on their household budget, t

Paragon Bank reports highest ever tenant demand

Paragon Bank reports highest ever tenant demand

News
News
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A survey of almost 700 landlords, carried out by BVA BDRC for Paragon, reveals that that 67% of landlord respondents had experienced higher than usual tenant demand during the first three months of this year. This, according to Paragon, represents a new all-time high and up from 65% reco

Most UK office landlords have no sustainability strategy

Most UK office landlords have no sustainability strategy

News
News
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According to the findings of recent research commissioned by infinitSpace, in partnership with The Instant Group, the majority of UK office landlords have not made any concrete plans to improve the energy efficiency ratings of their buildings they do not have any form of sustainability

The Property Cast: How can landlords spot a bad letting agent?

The Property Cast: How can landlords spot a bad letting agent?

News
News
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Opinion
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Information

In https://www.totallandlordinsurance.co.uk/knowledge-centre/propertymarks-perspective-on-lettings-the-property-cast-total-landlord-insurance?utm_source=landlordzone&utm_medium=article&utm_campaign=propertymark+podcast+may+2023" target="_blank" this episode of T

REVEALED: Why higher interest rates are making it trickier for BTL investors

REVEALED: Why higher interest rates are making it trickier for BTL investors

News
News
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Opinion
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Information

Buy-to-let mortgage searches were down 23% in April compared to the previous month, while investors have been putting down larger deposits as high-interest rates bite. Research by https://www.twenty7tec.com/" target="_blank" Twenty7tec shows that average loan-

Surveyors call for government action to tackle PRS woes

Surveyors call for government action to tackle PRS woes

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News
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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
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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
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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

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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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Information

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

News
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

News
News
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Opinion
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Information

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

News
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

News
News
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Opinion
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Information

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 

News
News
Podcast
Opinion
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Information

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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News
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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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News
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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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News
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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

News
News
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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

News
News
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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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News
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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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News
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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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News
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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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News
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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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News
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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

News
News
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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.