More than one in three tenants in the UK spend at least half their salary on rent, according to new data from flat-share site SpareRoom. Its poll of 11,000 private renters reveals that 81% spend more than 30% of their take-home pay on rent, leaving them rent burdened, mean
Rent inflation continued to climb last month up by 0.1% to 4.7%, the Governments latest data for England shows. The Official for National Statistics (ONS) reports the annual increase, which compares the 12 months to the end of April 2023 to the previous months rent data.</
In this bonus episode of The Property Cast, Sean Hooker, Head of Redress at the Property Redress Scheme, and leading property expert Kate Faulkner OBE, share their initial reactions to the Renters (Reform) Bill. In perhaps the biggest shake-up of the private rented sector in ove
Large portfolio landlords are feeling upbeat despite the tough economic climate, with many eyeing the commercial sector for their next property purchase. The https://www.handelsbanken.co.uk/en/about-us" target="_blank" Handelsbanken </a
Labour has vowed to abolish the leasehold system as soon as it comes to power following Michael Goves U-turn earlier this month. The Housing Secretary dropped https://www.landlordzone.co.uk/news/new-gove-sets-sights-on-scrapping-leasehold-ownership/" target="_blank"
Environmental health bodies are to press the government on why it omitted plans for a Decent Homes Standard in the Renters (Reform) Bill. Despite including most of the promised draft legislation, the expected standards were missing and only mentioned in an accompanying press rel
A proposed ban on fixed-term tenancies could penalise students amid an already heightened rental crisis in many cities. According to student rentals platform StuRents�
The increasingly rancourous debate between Airbnb landlords and legislators will come to a head in York this week as the city's MP convenes a public meeting to discuss the growing problem of short lets within its walls. MP Rachel Maskell (main picture) is one of six mostly Labou
Property management professional David Goldberg recently revealed that in the long term, investing in so-called build-to-rent developments will prove to be more profitable for investors than buy to let. He claimed that built-to-rent looks to be a win-win for both tenant
Exeter is considering extending its Article 4 direction to help manage the impact of the citys student population. The current Article 4 restricting landlords rights to convert properties into HMOs is in an area close to the University of Exeters Streatham and S
Leading figures on both sides of the private rented sector have agreed that the Renters Reform Bill, along with the Governments other changes including tax relief, are driving landlords into the short lets market. The comments were made during a debate chaired by former North
The Minsitry of Justice has blamed a 23% jump in the number of private landlord possession during the first three months of the year on the Welsh PRS reforms, although volumes are still below pre-Covid levels. Quarterly figures from the Ministry of Justice show that claims
Experts Sean Hooker and Kate Faulkner discuss the Renters (Reform) Bill and its impact on landlords and tenants in the private rented sector.
Running a storage rentals business, supplying and letting space for inanimate objects, as opposed to people, is potentially far more lucrative and a lot less troublesome than operating as a residential landlord. The UK self-storage industry has grown steadily over the last twent
At least 410 buy-to-let mortgaged properties were repossessed in the first quarter of 2023, 28% higher than in the previous quarter - the highest level since the start of the pandemic. https://www.ukfinance.org.uk/" UK Finance reports that 970 buy-to-let mortg
A https://www.landlordzone.co.uk/news/court-fines-unlucky-but-rogue-landlord-12000-over-unlicensed-hmo/" rogue landlord who illegally subdivided his property into seven separate flats has been ordered to pay back more than �110,000 through the Proceeds of Crime Act.<br><
Buy-to-let landlords could add the cost of making properties more https://www.landlordzone.co.uk/news/landlords-rush-to-offload-their-energy-poor-properties/" energy efficient onto their mortgage in an initiative to make more UK homes greener. https:/
In the second in a series of blogs for LandlordZONE on rental reform, Sean Hooker , Head of Redress at the https://www.theprs.co.uk/" <e
Landlords who operate HMOs collect rents almost twice as much as those who operate ‘family homes’, new research shows.
The Renters’ Rights Bill is now almost certain to become law before the political parties break for the party conference season.
HMRC spot checks – “fishing expeditions” – what they mean for you and how to be prepared
Battersea Cats and Dogs Home has warned Labour not to allow landlords to demand that tenants take out pet deposits.
The UK’s private rental sector is undergoing one of the most dramatic shifts in decades and not for the better says leading broker.
Halton council, which includes two big towns outside Liverpool, wants to heavily restrict HMO conversions.
Only one in six landlords (16%) are fully prepared for the Renters’ Rights Bill says new poll.
What is Abandonment? Abandonment is when a tenant leaves the property (usually without notifying the landlord or agent) before the tenancy has ended.
Argyll and Bute councillors have approved a plan to charge a double council tax on second homes.
Haringey Council has urged landlords to share their views on plans for a new additional licensing scheme in the borough.
A continued imbalance between supply and demand is set to grow rents by 6% next year, before hitting an affordability ceiling that will limit growth until 2028.
A landlord who illegally rented out a property for years without planning permission has been ordered to pay £93,000.
Most private landlords think they should be subject to stricter energy efficiency regulations, according to new research.
A licensing expert has warned landlords living overseas about the dangers of asking UK-based friends or firms to apply for their selective licence.
The Leasehold and Freehold Reform Bill has taken a step towards becoming legislation after it was introduced to Parliament.
Labour MPs have tabled 26 amendments to the Renters Reform Bill that demand much tougher financial penalties for errant landlords and stricter rules around deposits.
PRS organisations, forums and landlord groups have joined forces to launch the Housing Coalition, which aims to give the sector a voice and improve private rental housing standards.
Tenants in Ireland could get first refusal on a property when a landlord puts it up for sale if new legislation gets the go-ahead.
With just one month to go until the year ends, investors are continuing to snap up properties at an accelerated rate. With next year bringing uncertainty, and a potential change in government, the trend for new investors who have entered the market to step in and take whole portfolios...
Landlords earning less than £30,000 will not have to use HMRC’s Making Tax Digital (MTD) software, the government has confirmed.
Two-month notice periods for tenants under periodic tenancies will negatively impact the build-to-rent sector and encourage sub-letting homes as party flats, the boss of big BTR firm Grainger has told MPs.
A rent to buy scheme for first-time buyers who can’t afford a deposit is extending its offer to struggling landlords.
The Chancellor has revealed that the Local Housing Allowance (LHA) will be unfrozen and increased to the lower 30% of rents nationwide from April 2024 onwards.
Fewer landlords plan to make energy efficiency improvements since the government’s U-turn on raising EPC targets.
A benefits expert has urged the DWP’s working group to sort out problems with the Alternative Payment Arrangements (APA) process that leaves landlords in the dark and out of pocket.
Landlords are feeling much more optimistic than they were a year ago, thanks to a more stable market and economic conditions, according to new research from Paragon Bank.
How to handle the eviction process The Government is planning to replace the Assured Shorthold Tenancy, and Section 21 evictions will no longer be possible when new legislation under the Renters (Reform) Bill comes in. But this will take some time yet. In the meant
A criminal landlord has been hit with an £11,800 fine for operating a dirty, unlicensed HMO - one of a growing number of large, sometimes overcrowded and dangerous, bedsits around the country.
Landlords looking for some in-depth analysis of tomorrow’s Autumn Statement and its likely good – and bad – news for landlords should tune into TalkTV at 3.30pm tomorrow, 22nd November.
The costs of running unlicenced rental properties have been highlighted once more after three tenants won a £9,600 Rent Repayment Order from their HMO landlord.
One in five tenants has lost out in a property bidding war during the last two years, with those in London, Southampton and Brighton facing the toughest competition.
Private landlords are often portrayed unfairly by some housing campaigners as greedy, concerned only with raising rents and increasing profits.
