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Tenants on benefits given more backing to fight evictions

Tenants on benefits given more backing to fight evictions

News

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

News

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

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

News

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

News

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

News

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

News

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

News

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

News

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

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Tenants want energy efficient homes...but don't want to pay for them!

Tenants want energy efficient homes...but don't want to pay for them!

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News
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Only 6% of tenants would pay more rent to help fund energy efficiency measures, despite 80% being in favour of their properties getting an upgrade to an EPC rating of C.

Big portfolio landlord to pay tenants £15,000 over missing licence

Big portfolio landlord to pay tenants £15,000 over missing licence

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News
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A very big portfolio landlord has been ordered to pay £15,290 to former tenants after it failed to license one of its 750 properties.

Landlords to pay back rent if they ignore tenant complaints

Landlords to pay back rent if they ignore tenant complaints

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News
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Landlords may soon have to repay up to two years rents to tenants if they fail to comply with decisions with the sector’s looming new ombudsman.

'Private rented sector better than council housing, let's not forget'

'Private rented sector better than council housing, let's not forget'

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The government must focus on sustaining a vibrant PRS and not “hark back to the wonders of the 1970s with social housing and council housing…as being a really great thing,” warns NRLA boss Ben Beadle.

Labour's 'anti-landlord' stance will hurt benefits tenants, warns Mick Roberts

Labour's 'anti-landlord' stance will hurt benefits tenants, warns Mick Roberts

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News
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Benefits landlord Mick Roberts is losing patience with MPs whose continued ‘anti-landlord’ policies have only made more people homeless and increased rents.

Big law firm reports landlords 'rushing to liquidate assets'

Big law firm reports landlords 'rushing to liquidate assets'

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News
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Landlords and businesses are rushing to transfer and liquidate assets ahead of a potential Capital Gains Tax hike in next week’s budget.

'This is why I've sold nearly half my portfolio', landlord tells BBC show

'This is why I've sold nearly half my portfolio', landlord tells BBC show

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A landlord who used to have a property portfolio of 100 homes has told the BBC that multiple pressures on the sector including looming regulations, higher interest rates and costs have persuaded him to cut his portfolio down to 65 units.

Student landlord group warns Labour over banning fixed-term tenancies

Student landlord group warns Labour over banning fixed-term tenancies

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A group of student accommodation landlords have warned the Government that its plans to dispense with fixed-term tenancies and move to open ended ones will lead to fewer providers and homes within this market.

North East delivers 'strongest yields' for landlords in UK

North East delivers 'strongest yields' for landlords in UK

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Landlords in the North East are pocketing the highest rental yields in the UK, according to Paragon Bank’s latest lending data.

A new wave of investors rush in to buy properties off landlords looking to sell

A new wave of investors rush in to buy properties off landlords looking to sell

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After a slew of bad news, this week’s headlines come as a welcome relief for landlords looking to sell. The Telegraph reported that despite higher rates and regulatory risks around rentals, a wave of new investors had entered the market, stepping in to take portfolios off landlords’ hands.

Airbnb service for landlords raises £1.75m but still isn't profitable

Airbnb service for landlords raises £1.75m but still isn't profitable

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A business that rents out properties via Airbnb on behalf of landlords has raised another £1.75 million from investors, taking its total raised since 2016 to £12 million.

Record year for build-to-rent construction, says Savills

Record year for build-to-rent construction, says Savills

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News
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The Build-To-Rent (BTR) sector now accounts for 10% of all UK real estate investment after a record-breaking year.

Gove unveils plan to slash ground rents for leaseholds

Gove unveils plan to slash ground rents for leaseholds

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News
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The government has launched plans to slash ground rents on existing leaseholds as part of a consultation into widescale reform.

Evictions taking over six months on average, says MoJ

Evictions taking over six months on average, says MoJ

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News
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County courts are taking over half a year on average to process legitimate evictions by landlords and agents, it has been revealed.

Student landlord slams council over 'unfair' £45,000 licencing fee

Student landlord slams council over 'unfair' £45,000 licencing fee

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News
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A property management company has slammed its local council for charging a student accommodation block nearly £45,000 under the selective licensing scheme.

LibDems promise to give landlords tax breaks for green upgrades

LibDems promise to give landlords tax breaks for green upgrades

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Landlords should be allowed to offset spending on insulation and energy-saving improvements against tax, according to the Liberal Democrats.

Landlord mortgage arrears jump by 29%, official figures show

Landlord mortgage arrears jump by 29%, official figures show

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News
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The tough economic conditions bearing down on landlords are starting to push up mortgage arrears, latest data from lenders’ trade body UK Finance has revealed.

Mystery shopper research 'proves landlords racially profile applicants' - claim

Mystery shopper research 'proves landlords racially profile applicants' - claim

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News
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New research by Generation Rent reveals that white people are 36% more likely to receive a positive response when applying to rent on SpareRoom than black people.

Agents report fewer landlord instructions as 'unintended consequences' kick in

Agents report fewer landlord instructions as 'unintended consequences' kick in

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News
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Signs that the Government’s assault on landlords coupled with higher mortgage costs are chasing more out of the market than usual have come from the Royal Institute of Chartered Surveyors (RICS) this morning.

Tory MP says court delays MUST be fixed before Section 21 is abolished

Tory MP says court delays MUST be fixed before Section 21 is abolished

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News
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Theresa Villiers warns court delays risk worsening landlord exodus and housing supply issues, urging reforms before Section 21 abolition.

New way to control HMOs revealed in Coventry - but will rest of UK follow suit?

New way to control HMOs revealed in Coventry - but will rest of UK follow suit?

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Coventry Council is hailing its crackdown on unlicensed HMOs a success after it fined landlords more than £100,000 in just two of the city’s streets.

Notorious landlord to pay staggering £480,000 fine over damp HMO

Notorious landlord to pay staggering £480,000 fine over damp HMO

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A notorious rogue landlord and his property management company have been handed a staggering £480,000 fine for renting out an HMO so damp that mushrooms were growing on the upper floors.

Property market 'past peak pain' but values still down 7% in 12 months

Property market 'past peak pain' but values still down 7% in 12 months

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The UK’s housing market is past ‘peak pain’ after a rollercoaster 12 months and is forecast to grow by 17.9% – equivalent to a £45,521 gain on the average home – within five years.

Airbnb 'irresponsible' for encouraging tenants to sublet rented homes

Airbnb 'irresponsible' for encouraging tenants to sublet rented homes

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A legal expert has warned that landlords face prosecution for running illegal HMOs if tenants follow Airbnb’s suggestion that they sub-let their homes.

Landlords WILL get eviction certainy from reform Bill, King tells MPs

Landlords WILL get eviction certainy from reform Bill, King tells MPs

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King Charles has heralded the government’s commitment to the Renters Reform Bill in his first King’s speech as monarch.

'Short-lets offer returns of up to five times traditional rents'

'Short-lets offer returns of up to five times traditional rents'

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News
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Homes bought by landlords to rent out via short-let contracts create gross returns of between 12% and 20%, an estate agency has claimed.

The Section 21 Ban, will it progress?

The Section 21 Ban, will it progress?

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News
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Will the Renters (Reform) Bill progress and ban Section 21, despite mounting opposition from Conservative back-benchers?

Landlord fined thousands AGAIN for same offence in same building

Landlord fined thousands AGAIN for same offence in same building

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A rogue landlord firm has been handed a £18,300 fine for letting out an unsafe, unlicensed property - only three months after being fined for the same offence in the same building.

Concern mounts over Government's 'weak' leasehold reforms

Concern mounts over Government's 'weak' leasehold reforms

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News
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Government's Leasehold and Freehold Reform Act 2024 excludes flats from new leasehold ban, prompting MPs to call for broader reforms.

Goverment tax grab on landlords prompts a third to go 'limited'

Goverment tax grab on landlords prompts a third to go 'limited'

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A third of landlords who own rental property in their personal name plan to incorporate their portfolio into a limited company structure within the next three years, according to Paragon Bank.

Landlord to pay £8,000 after ignoring 'shed with bed' prohibition order

Landlord to pay £8,000 after ignoring 'shed with bed' prohibition order

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Rogue landlords who assume they can convert outbuildings into ‘sheds with beds’ have been reminded of the likely fines they will face following a shocking case in Hertfordshire.

LATEST: Renting reforms to be within tomorrow's King's Speech

LATEST: Renting reforms to be within tomorrow's King's Speech

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The Prime Minister has confirmed that the Renters Reform Bill will be carried over to the next Parliament, as part of this week’s King’s Speech.

Subletting by tenants on Airbnb now 'growing problem' says NRLA

Subletting by tenants on Airbnb now 'growing problem' says NRLA

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The National Landlords Association (NRLA) has backed claims that the buy-to-let sector faces a significant subletting epidemic following an investigation by a national newspaper.

Can the leasehold system in England be easily changed?

Can the leasehold system in England be easily changed?

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News
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Exploring challenges in overhauling England's leasehold system amid calls for reform and government proposals to shift to commonhold ownership.