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Landlords rushing to sell as mortgage costs soar above tenants' rent

Landlords rushing to sell as mortgage costs soar above tenants' rent

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Private landlords across the UK have found themselves in hot water, and its no surprise that many are rushing to sell their property portfolios. A recent article by the BBC reported that private landlords had expressed critical concerns that their rents wont cover the cost

Reform Bill: 'Justice at stake if eviction changes not backed by extra funding'

Reform Bill: 'Justice at stake if eviction changes not backed by extra funding'

News

Court reforms and extra funding are needed if the governments overhaul of the evictions process is to succeed, warn landlord groups and eviction specialists. It has promised to abolish section 21 no fault evictions as part of the https://www.landlordzone.c

Reform Bill: Landlord database to be enforced with court orders

Reform Bill: Landlord database to be enforced with court orders

News

A new ombudsman known as the landlord redress scheme - and property portal would be compulsory for all private sector landlords. Part of the https://www.landlordzone.co.uk/news/renters-reform-bill-we-take-a-first-look-at-the-radical-new-legislation/" Renters

First look: Renters’ Rights Bill promises sweeping changes

First look: Renters’ Rights Bill promises sweeping changes

News

First look at the Renters (Reform) Bill: groundbreaking tenant protections, streamlined landlord redress & flexible ‘pets-in-lets’ rules.

Purplebricks sold to rival for �1 after senior team throw in the towel

Purplebricks sold to rival for �1 after senior team throw in the towel

News

Purplebricks, which at one stage was used by thousands of landlords to manage their properties, has announced that its assets and business are to be sold to rival Strike for �1, pending approval by its shareholders. Any funds remaining in the firm some �5.5 million are

Gove's plan to ease HMO rules for asylum accommodation

Gove's plan to ease HMO rules for asylum accommodation

News

Michael Gove approves relaxed HMO rules for asylum seeker housing, exempting safety standards and licensing; critics warn of potential exploitation.

BLOG: 'Reform bill will solve the problem of pet damage for landlords'

BLOG: 'Reform bill will solve the problem of pet damage for landlords'

News

The long-awaited Renters (Reform) Bill will finally be introduced in parliament after Prime Minister's Questions today. Setting out plans for 12 key reforms to the private rental sector, the 11th pledge - to give tenants the right in law to request a pet, which should not be unr

Agents who lack licencing law know-how 'putting landlords at risk'

Agents who lack licencing law know-how 'putting landlords at risk'

News

Bungling letting agents with a lack of legal understanding are putting landlords at risk of prosecution, it has been claimed. One landlord expert has advised caution when signing up with a firm in the current climate of increasing legislation and falling profits, particularly fo

Opinion: does Michael Gove know something we don't?

Opinion: does Michael Gove know something we don't?

Opinion

It would seem that successive Tory governments have waged an ongoing and progressively more vicious war on buy-to-let landlords, but this latest layer of legislation goes much further. Yes, this latest iteration, and one thats https://bills.parliament.uk/bills/1768/s

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Why are landlords failing to invest in buy-to-let?

Why are landlords failing to invest in buy-to-let?

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Why aren’t buy-to-let landlords growing their portfolios when rent demand is through the roof, and while build-to-rent investors are so optimistic?

Campaigners and student landlords cross swords over rent reforms

Campaigners and student landlords cross swords over rent reforms

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Tenants' campaigning group Generation Rent has slammed the NRLA for pushing the government to include one and two-person student shares in the new possession ground under the Renters’ Rights Bill.

Raising EPC upgrade cost cap for landlords 'inappropriate'

Raising EPC upgrade cost cap for landlords 'inappropriate'

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News
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Estate agents have urged the government to reduce its proposed £15,000 cost cap for landlords to make EPC upgrades to £5,000.

Industry boss slams Labour's EPC reform plans

Industry boss slams Labour's EPC reform plans

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News
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A retrofit firm boss has warned that ill thought-out EPC reforms risk misclassifying millions of homes, misdirecting public funds and delaying action on cold, inefficient homes.

Big Midlands town gives green light to selective licensing

Big Midlands town gives green light to selective licensing

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News
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Mansfield is the latest major district council to give the green light to selective licensing within its borders following a consultation last year.

Build more homes? Britain can't afford it, Rachel tells Angela

Build more homes? Britain can't afford it, Rachel tells Angela

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News
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Labouir's promise to build more homes including those for renters is in jeapordy as Rayner and the Chancellor battle it out over money.

'More private landlords will quit and we'll replace them' - says big corporate

'More private landlords will quit and we'll replace them' - says big corporate

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The UK’s biggest private corporate landlord has predicted that rental housing shortages will worsen in the coming years – while it takes the place of smaller landlords.

Westminster green-lights huge selective licensing scheme for landlords

Westminster green-lights huge selective licensing scheme for landlords

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News
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Westminster City Council has given the go-ahead to a huge new selective licensing scheme covering 15 of the London borough’s 18 wards.

EXPERTS: Inflation rise to delay interest rate cut until August

EXPERTS: Inflation rise to delay interest rate cut until August

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News
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Landlords could face higher mortgage rates for longer after inflation jumped by more than expected last month to 3.5%.

Majority of renters support banning Section 21 evictions and rent controls - claim

Majority of renters support banning Section 21 evictions and rent controls - claim

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News
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A renters’ lobbying says its polling of England’s private renters has found a majority support the changes within the looming Renters (Reform) Bill getting its second reading today in parliament.

Government U-turns on eviction and tenancy reforms

Government U-turns on eviction and tenancy reforms

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The Government has confirmed that it will not bring in its controversial ban on Section 21 evictions within the looming Renters (Reform) Bill until problems with the courts have been fixed.

Court shake-up vital in next week's Bill debate

Court shake-up vital in next week's Bill debate

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The NRLA has urged the government to address court hold-ups while debating the Renters Reform Bill – or risk undermining work to improve the sector.

Scottish eviction law continues to hamper PRS growth

Scottish eviction law continues to hamper PRS growth

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Investors are losing confidence in the Scottish PRS, while rent caps and increased construction costs are halting rental developments, says one property solicitor.

The importance of the "How to Rent" Guide and Section 21

The importance of the "How to Rent" Guide and Section 21

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How to Rent Guide : very important when setting up a new tenancy, or on renewal, and when serving a section 21 notice.

Agents and student landlords are top of the class in Bath

Agents and student landlords are top of the class in Bath

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News
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University students rate Bath as having the best letting agents in the UK based on the number of reviews and average ratings.

Family operation ran string of unlicensed HMOs

Family operation ran string of unlicensed HMOs

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News
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A rogue landlord has been prosecuted for letting eight unlicensed HMOs which breached health and safety rules that put his tenants at risk.

Kent landlord rumbled fly-tipping tenant's waste

Kent landlord rumbled fly-tipping tenant's waste

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A Kent landlord who dumped a huge pile of his tenant’s belongings in a country lane was rumbled after an investigation traced it back to him.

OPINION: Should landlords let tenants redecorate?

OPINION: Should landlords let tenants redecorate?

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One of the biggest discussion strings on any landlord forum including our own is how far tenants are allowed to modify or refurbish their property, with many users claiming some renters go too far.

Landlord reveals football boss's £28,400 rental scam

Landlord reveals football boss's £28,400 rental scam

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News
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A director of the Scottish Women’s Premier League (SWPL) has been found guilty of defrauding her landlord with an elaborate scam.

Mortgage deal shock from leading BTL broker

Mortgage deal shock from leading BTL broker

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News
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The Mortgage Works (TMW) has shaken up the BTL lending market by making improvements to the affordability assessment applied to portfolio landlords.

ANALYSIS: New Government funded schemes to help tenants with legal issues

ANALYSIS: New Government funded schemes to help tenants with legal issues

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News
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New Government schemes that are offering advice to help tenants with legal issues

Big boiler firm's green claims to face official investigation

Big boiler firm's green claims to face official investigation

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News
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The Competition and Markets Authority (CMA) is scrutinising green claims from boiler maker Worcester Bosch to see if they mislead landlords.

Renting reform bill to progress next week - claim

Renting reform bill to progress next week - claim

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The Renters Reform Bill is expected to get its second reading on Monday, heralding a huge shake-up of the sector after four years in the planning.

Leading landlord welcomes Rishi's U-turn on 'mental' EPC rules

Leading landlord welcomes Rishi's U-turn on 'mental' EPC rules

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A leading landlord has welcomed the Government’s recent U-turn on EPCs, telling a webinar this week that he was facing a ‘crazy’ bill to upgrade his portfolio of properties to the minimum ‘C’ band.

'Renting reforms are worrying landlords, but it's not a stampede to quit'

'Renting reforms are worrying landlords, but it's not a stampede to quit'

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A quarter of landlords are to sell some of their property portfolio in the coming months but not in the volumes previously claimed, a big letting agency has claimed.

Minister rejects call to give landlords green upgrade tax breaks

Minister rejects call to give landlords green upgrade tax breaks

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Energy Security and Net Zero Secretary Claire Coutinho (main picture) has rejected the idea of tax breaks for landlords to pay for green upgrades.

Council to begin fining rogue landlords £30,000

Council to begin fining rogue landlords £30,000

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Harlow Council in Essex aims to take a harder line with private landlords by introducing civil penalties as an alternative to prosecution.

'I blame rental market stock crisis on mortgage interest relief withdrawal'

'I blame rental market stock crisis on mortgage interest relief withdrawal'

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Landlord leader Ben Beadle has pinned the shortage of private rental sector homes squarely on the Government, saying George Osborne’s decision in 2015 to cut mortgage interest tax relief for landlords has been the key driver of the current stock crisis.

Tenants on benefits given more backing to fight evictions

Tenants on benefits given more backing to fight evictions

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Tenants on benefits will get more help when paying court fees during evictions and claiming Rent Repayment Orders after the government expanded its Help with Fees scheme.

Northern town to clamp down on landlords converting homes to HMOs

Northern town to clamp down on landlords converting homes to HMOs

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Burnley Council has launched plans to clamp down on landlords converting homes into small HMOs.

BLOG: Are the Tories still game for renting reform?

BLOG: Are the Tories still game for renting reform?

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PRS chief Sean Hooker relects on the bumpy ride landlords face in the coming months, and how they can get prepared for the changes.

Landlord mortgage costs leap to nearly 40% of rental income

Landlord mortgage costs leap to nearly 40% of rental income

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The average mortgaged landlord paid 37% of their rent on mortgage interest in August, up from a low of 24% in November 2021, according to Hamptons.

30 campaigning groups write to Rishi urging landlord reforms

30 campaigning groups write to Rishi urging landlord reforms

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Thirty charities and non-profit organisations have written to the Prime Minister urging him to ensure the Renters Reform Bill is passed during this Parliament.

Property 'dating service' for landlords and tenants launches

Property 'dating service' for landlords and tenants launches

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A WhatsApp-style ‘dating service’ designed to marry up landlords and tenants has launched seeking to simplify London’s ‘chaotic’ private rented sector and rival established portals such as Rightmove and Zoopla.