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Divorcing landlords sell �15m portfolio after long legal battle

Divorcing landlords sell �15m portfolio after long legal battle

News

A property estate worth �15m has been sold off as part of a complex court case involving a pair of divorcing professional landlords. The portfolio of 25 buildings was spread across four London boroughs and included both residential and commercial properties. The portfolio inclu

Concern over plan for single ombudsman covering whole of housing market

Concern over plan for single ombudsman covering whole of housing market

News

Estate agents have criticised the Governments plans to usher in a single ombudsman for the property industry, claiming it will have unintended consequences. Under the plans, the existing redress schemes for estate agents and their customers will be replaced by an overarching

Majority of landlords have 'no idea' about EPC deadline and costs, survey reveals

Majority of landlords have 'no idea' about EPC deadline and costs, survey reveals

News

Most landlords are still in the dark about EPC changes, a new survey has found, raising fears that they could be blindsided when proposed new rules become law in 2025. Only 57% of landlords with a single property and 77% of those with four or more properties in their portfolio a

Looming Section 8 eviction reforms will be 'unwieldy and difficult' says leading lawyer

Looming Section 8 eviction reforms will be 'unwieldy and difficult' says leading lawyer

News

Property lawyers have flagged up potential problems with eviction reform measures within the Renters Reform Bill white paper. An amendment to Section 8 notice evictions will expand the range of circumstances where landlords can seek possession when needing to sell or allow thems

Leading landlord latest to join the political fray after surprise election win

Leading landlord latest to join the political fray after surprise election win

News

Landlords in Yorkshire might have an ally in new Lib Dem councillor Felicity Cunliffe-Lister who stormed to victory in the recent Masham and Fountains by-election, a previously super-safe Conservative seat. The incoming North Yorkshire county councillor owns Swinton Estate, one

Home Office warns self-managing landlords' over Right to Rent

Home Office warns self-managing landlords' over Right to Rent

News

Official research has found that self-managing landlords are the least prepared when dealing with the legal requirements of the official Right to Rent scheme. It requires landlords of privately rented accommodation to conduct checks on all new tenants to establish if they have a

Shelter slammed over 'misleading' claim landlords are cashing in on rising rents

Shelter slammed over 'misleading' claim landlords are cashing in on rising rents

News

A leading landlord blogger has slammed Shelter for claiming in its latest press release that landlords are cashing in on higher rents by using Section 21 no fault evictions to repossess their properties. The comments are from http://www.thesecretlandlord.com

Landlord fuming after Barclays errors lead to bad credit

Landlord fuming after Barclays errors lead to bad credit

News

Nottingham landlord Mick Roberts battles Barclays over mortgage errors causing bad credit, higher rates, and tenant fallout.

Short-lets sector fights back against criticism, claiming 500,000 extra jobs

Short-lets sector fights back against criticism, claiming 500,000 extra jobs

News

The trade association that represents short-let landlords says the Airbnb economy contributed �27.7 billion to the UK economy during 2021 and has helped create some 500,000 jobs, latest data shows. The UK Short Term Accommodation (https://ukstaa.org/" target="_bl

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Landlords brace for reform at sold-out NRLA gathering in London

Landlords brace for reform at sold-out NRLA gathering in London

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Paul Shamplina headlined NRLA On Tour London, delivering key insights on legal changes for landlords at a sold-out, sector-shaping event.

Leading tax expert slams looming Making Tax Digital changes for landlords

Leading tax expert slams looming Making Tax Digital changes for landlords

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News
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A high-profile tax expert has labelled HMRC’s Making Tax Digital (MTD) regime – set to hit landlords next year - as ‘pointless and costly’.

£6 million licensing scheme reveals property inspections blitz

£6 million licensing scheme reveals property inspections blitz

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News
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Peterborough Council boasts that its aggressive approach to selective licensing has driven significant improvements in the town’s private rental secto

Major BTL lender relaxes rental 'stress test' rules to help landlords

Major BTL lender relaxes rental 'stress test' rules to help landlords

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News
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The Mortgage Works has reduced its 'stress test' rate which is used to assess whether a landlord can afford loan payments.

London rental market now 'full of opportunity for landlords'

London rental market now 'full of opportunity for landlords'

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London’s rental sector is full of opportunity for both landlords and tenants, says Foxtons, which reports an explosion in tenancy applications.

Former letting agent turned 'fake landlord' jailed for £200k fraud

Former letting agent turned 'fake landlord' jailed for £200k fraud

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News
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A former estate agent who posed as a landlord to con would-be tenants out of more than £200,000 has been jailed.

Big London borough to launch double landlord licensing push

Big London borough to launch double landlord licensing push

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News
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Hackney plans to launch selective licensing in 17 of its 21 wards as well as a borough-wide additional licensing scheme.

EPCs: Landlords seeking five-year BTL loans 'could be turned down'

EPCs: Landlords seeking five-year BTL loans 'could be turned down'

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News
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Landlords currently seeking a five-year fixed rate BTL mortgage on a property with an EPC rating below band C could be turned down before net

Council admits selective licensing will 'push up rents'

Council admits selective licensing will 'push up rents'

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News
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Great Yarmouth council has revealed more details of its proposed selective licensing scheme for landlords.

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?

Opinion
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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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News
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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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News
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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.

40 per cent of tenants are struggling with rent payments

40 per cent of tenants are struggling with rent payments

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News
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There’s now a significant proportion of adults in the UK struggling to meet their rent or mortgage payments

Buy-to-let profits nosedive for new buyers

Buy-to-let profits nosedive for new buyers

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News
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Landlords who took out a new mortgage between April and June this year made an annual cash loss for the first time since 2007.

Absentee landlord handed fine for ignoring tenants

Absentee landlord handed fine for ignoring tenants

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A landlord who ignored improvement notices on his two unlicensed properties has been handed a £15,000 fine by magistrates.

Can tenancy contracts be signed electronically?

Can tenancy contracts be signed electronically?

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It is very convenient and timely to accept documents relating to tenancies signed electronically and transmitted electronically - are they legal valid?

Agency pays high price for harassing tenants

Agency pays high price for harassing tenants

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News
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A letting agency in Hove has been ordered to pay nearly £69,000 for “abhorrent and vile” behaviour towards its tenants.

Kids and pets raise the cost of renting

Kids and pets raise the cost of renting

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News
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Renters with pets or children are paying as much as £460 more during their tenancy compared to other renters.

Private buying companies rush to snap up buy-to-let portfolios in bulk

Private buying companies rush to snap up buy-to-let portfolios in bulk

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After a tough week, starting with reports from the Telegraph urging banks to “stop treating landlords like cash cows”.

Fewer landlords offering homes to rent reports RICS

Fewer landlords offering homes to rent reports RICS

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News
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A buoyant private rented market continues to outshine the struggling sales sector, although there is cause for optimism long-term, reports The Royal Institution of Chartered Surveyors (RICS).

Two landlords 'banned' for not providing safety documents

Two landlords 'banned' for not providing safety documents

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Landlords wondering how the planned register for landlords in England may operate have been given a taste of what’s to come following a case in Glasgow.

Barclays ordered to pay leading landlord compensation

Barclays ordered to pay leading landlord compensation

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Barclays has been ordered to pay benefits landlord Mick Roberts compensation over a long-running saga which saw him wrongly given a bad credit rating.

Landlords to face 52% higher costs when remortgaging BTL loans

Landlords to face 52% higher costs when remortgaging BTL loans

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News
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UK landlords face 52% higher mortgage costs when remortgaging at 6.5% rates, with 17% of Buy-to-Let loans resetting in the next 17 months.

Landlords could put new life into UK high streets

Landlords could put new life into UK high streets

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News
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Investing in commercial property can be an attractive alternative to buy-to-let

Landlords and tenants warned over shocking Facebook scams

Landlords and tenants warned over shocking Facebook scams

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News
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An investigation has revealed that nearly all the flat listings on Facebook Marketplace in central Glasgow were potential scams.

Landlords tell Labour it must unfreeze 'unjust' LHA rates

Landlords tell Labour it must unfreeze 'unjust' LHA rates

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News
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Landlords urge Labour to unfreeze 'unjust' Local Housing Allowance rates, citing rising rent arrears and limited affordable housing options.

Occupiers' Liability: What happens when a tenant is injured?

Occupiers' Liability: What happens when a tenant is injured?

Information
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Liability for personal injury. What is the landlord's position on liability for injuries to persons on or near his premises?

Bizarre link made between ageing and renting a home

Bizarre link made between ageing and renting a home

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News
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Tenants in the private rented sector age biologically faster than homeowners, according to new research, which believes scrapping Section 21 will help reverse the process.

Deposits scheme removes fee to make renting cheaper

Deposits scheme removes fee to make renting cheaper

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Tenants using Jersey’s tenancy deposit scheme will no longer have to pay a protection fee from next month.

Beware: Self-employed sex workers targeting rentals

Beware: Self-employed sex workers targeting rentals

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Landlords and letting agents should be aware that a new breed of online self-employed sex worker is targeting privately rentedproperties as ideal premises for their businesses, which two recent caseshandled by my team have highlighted.

Banned landlord takes on critics, claiming tenants 'love him'

Banned landlord takes on critics, claiming tenants 'love him'

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A slum landlord who received the longest ever banning order has insisted that his tenants love him.

'Labour must help landlords if they want to solve housing crisis'

'Labour must help landlords if they want to solve housing crisis'

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News
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The NRLA has told the Labour party leadership to follow its own MPs advice and encourage landlords to provide more privately rented properties if it wants to solve the housing crisis.