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Half capital's short let owners flout law to boost income

Half capital's short let owners flout law to boost income

News

The government has been urged to clamp down on central London’s short let sector after new research found at least half were being rented out unlawfully.

Give landlords more time to improve EPC or risk rental shortages, says bank

Give landlords more time to improve EPC or risk rental shortages, says bank

News

A proposed 2030 deadline won’t give landlords time to get their properties to EPC C and could cause them to quit, according to Paragon Bank.

Landlord pays a high price for ignoring HMO rules - £11,000

Landlord pays a high price for ignoring HMO rules - £11,000

News

A landlord who failed to license his unsafe and overcrowded HMO has failed in his bid to have a £11,000 fine dismissed.

GUIDE: What to do as energy costs go through the roof

GUIDE: What to do as energy costs go through the roof

Information

Energy costs are a major concern for landlords and tenants. Save on energy consumption and make your tenants’ homes more comfortable

HMO landlords 'culpable' as council tackles fly-tipping epidemic

HMO landlords 'culpable' as council tackles fly-tipping epidemic

News

A leading London council has revealed plans to clamp down on HMOs and the ‘fly tipping’ and rubbish their residents create, and has pointed the finger at both landlords and letting agents for not doing enough to stop the problem.

Minister says 'more powers to regulate holiday let landlords' may be needed

Minister says 'more powers to regulate holiday let landlords' may be needed

News

Housing minister Matthew Pennycook has hinted that extra powers to stop holiday lets and second homes may be needed - including planning permission.

Big London council launches 'tenants' rights' charter

Big London council launches 'tenants' rights' charter

News

Westminster City Council has launched a tenants’ charter aimed at helping private renters better understand their rights, improve living standards, and access support services.

Landlord fighting licensing 'overeach' urges YOU to get behind new petition

Landlord fighting licensing 'overeach' urges YOU to get behind new petition

News

A Portsmouth landlord has launched an online petition in a bid to stop councils using heavy-handed criteria when designing selective licensing schemes.

Is this councillor offering Britain's most generous landlord deal?

Is this councillor offering Britain's most generous landlord deal?

News

Private landlords are being offered attractive letting and leasing deals by the Royal Borough of Greenwich in a bid to tackle its housing crisis.

Landlords to get access to 'expanded boiler upgrade scheme'

Landlords to get access to 'expanded boiler upgrade scheme'

News

Landlords could get more choice about what type of energy efficient upgrades they fit in their properties under the government’s Warm Homes Plan.

HMRC warns landlords off CGT avoidance schemes and closes loopholes

HMRC warns landlords off CGT avoidance schemes and closes loopholes

News

HMRC has made the unusual step of warning landlords not to use widely-routed tax avoidance schemes which it says are being marketed to buy-to-let investors as a way to save Capital Gains Tax.

Seven out of ten tenants haven’t heard of the Renters’ Rights Bill

Seven out of ten tenants haven’t heard of the Renters’ Rights Bill

News

A whopping 69% of renters haven’t heard of the Renters’ Rights Bill and 75% don’t understand how it might impact them, a new survey has revealed.

Bailiffs under pressure: The ripple effects of the Renters’ Rights Bill

Bailiffs under pressure: The ripple effects of the Renters’ Rights Bill

News

The Renters' Rights Bill is set to to overhaul the eviction process, with bailiffs increasingly under pressure.

House prices dropped in April as buyers paid thousands more in stamp duty

House prices dropped in April as buyers paid thousands more in stamp duty

News

House prices dropped in April as buyers paid thousands more in stamp duty, it has been revealed.

Courts aren't ready for Renters’ Rights Bill, Lords told this week

Courts aren't ready for Renters’ Rights Bill, Lords told this week

News

The court system isn’t ready for the Renters’ Rights Bill, it was declared in the House of Lords this week.

Two in five landlords plan to leave the market, survey predicts

Two in five landlords plan to leave the market, survey predicts

News

A worrying 39% of landlords will probably exit the market within the next five years, according to the latest poll.

Just 9% of homes sold by landlords in Scotland re-enter PRS market

Just 9% of homes sold by landlords in Scotland re-enter PRS market

News

Only 9% of properties sold by landlords in Scotland in a recent 12-month period returned to the private rented sector, a new survey has found.

Only a fifth of landlords ready for new mandatory sanctions checks

Only a fifth of landlords ready for new mandatory sanctions checks

News

Only a fifth of landlords and letting agents feel prepared for the new mandatory sanctions checks on all landlords and tenants.

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UPDATED: Anti-social behaviour is a nightmare for landlords to deal with

UPDATED: Anti-social behaviour is a nightmare for landlords to deal with

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News
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Problem tenants are difficult to deal with for landlords at the best of times. The government's promise to introduce a fast-track process to deal with anti-social behaviour sounds promising, but can it work in practice?

Tenants warned over using 'no-win, no-fee' legal firms against landlords

Tenants warned over using 'no-win, no-fee' legal firms against landlords

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News
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Tenants have been urged to be wary of ‘no-win, no-fee’ solicitors who deal with private rental sector cases after an almost farcical case in London.

New rental property portal 'must include accessibility info' say campaigners

New rental property portal 'must include accessibility info' say campaigners

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News
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Disability rights groups have called on the government to include information about accessibility for disabled people on its new property portal due to go live next year.

NRLA and property fraud service reveal partnership

NRLA and property fraud service reveal partnership

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News
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A service that alerts landlords when fraudulent tenants try to ‘steal’ their properties via title fraud has struck a deal with the National Residential Landlords Association (NRLA).

City claims aggressive licencing scheme has cost landlords £250,000

City claims aggressive licencing scheme has cost landlords £250,000

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News
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Sheffield Council has boasted that up to 800 people have been protected from risky buildings thanks to its selective licensing scheme after landlords were told to spend £250,000 doing up properties.

Leading education thinktank slams Government's rental reforms

Leading education thinktank slams Government's rental reforms

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News
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The Renters (Reform) Bill will reduce rather than enhance housing rights for students, according to the former CEO of student housing charity Unipol.

Big council to spend £19m finding benefit tenants private rental homes

Big council to spend £19m finding benefit tenants private rental homes

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News
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Liverpool Council aims to source 400 private sector properties in a bid to house growing numbers of homeless people in the city.

Some renters' terrible behaviour revealed by new tenancy breach research

Some renters' terrible behaviour revealed by new tenancy breach research

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News
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The key tenancy breaches by tenants reported by landlords have been revealed with non-payment of rent, dirty homes and failing to report repairs and maintenance issues as the most common.

Landlord reveals 20-year slog to a £6m rental portfolio

Landlord reveals 20-year slog to a £6m rental portfolio

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News
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An ambitious landlord who bought his first property aged 18 now has an impressive property portfolio worth £6 million 20 years later.

Landlords claim victory after council delays licencing schemes

Landlords claim victory after council delays licencing schemes

News
News
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Landlords in Luton claim to have once again persuaded the town’s council to delay its highly controversial additional and selective licencing schemes, the fourth time this has happened in as many years.

20% of short-lets in London are former long-term rentals

20% of short-lets in London are former long-term rentals

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News
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More than 20% of short-term lets advertised in London were previously long-term rentals, according to research by property data platform Propalt.

Councils call for huge fines if landlords evade new eviction rules

Councils call for huge fines if landlords evade new eviction rules

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News
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Councils are calling for a widening of the conditions under which tenants can claim rent repayment orders (RROs) as part of the Renters (Reform) Bill.

Landlords called out over £80m interest from rental deposits

Landlords called out over £80m interest from rental deposits

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News
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Letting agents and landlords are benefitting from higher interest rates by reaping more than £80 million this year from billions of pounds’ worth of tenants’ deposits.

Term tenancy are fixed and must be for all landlords

Term tenancy are fixed and must be for all landlords

Opinion
News
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A leading student accommodation expert has urged the Government to create a level playing field for the sector within the looming Renters (Reform) Bill or face a perfect storm of rising rents and contracting suipply.

Renting reform minister GONE nine months after getting job

Renting reform minister GONE nine months after getting job

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News
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A housing minister appointed just nine months ago by Rishi Sunak has now been asked to stand down during today’s reshuffle triggered by the sacking home Home Secretary Suella Braverman.

Landlords angry over council's property licencing U-turn

Landlords angry over council's property licencing U-turn

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News
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A big NE of England council is considering supplementing its landlord-led scheme with selective licensing in large parts of the town.

Landlord home buying slumps to lowest level for 13 years

Landlord home buying slumps to lowest level for 13 years

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News
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Landlords are selling more homes than they’re buying, according to Hamptons’ monthly letting index, although the sell-off is slowing down.

Debate rages: Will banning Section 21 evictions reduce supply?

Debate rages: Will banning Section 21 evictions reduce supply?

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News
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Fears that banning section 21 will harm the PRS in England are entirely misplaced, based on contradictory evidence in Scotland, according to The Social Market Foundation (SMF).

Tax liability – how to minimise it as a landlord

Tax liability – how to minimise it as a landlord

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As a landlord, you want to ensure your property business is as profitable as possible – and that means minimising your tax liability, so you don’t pay HMRC any more than you need to. Here are some options that can help you do that.

Tenants using the home to run a business - how safe are you?

Tenants using the home to run a business - how safe are you?

News
News
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Opinion
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The Landlord and Tenant Act 1954 Part II provides security of tenure to tenants of premises occupied for business purposes, or mixed residential and business purposes. Under the provisions of the 54 Act, it is possible for a lease or tenancy of a property, used for both resid

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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News
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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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News
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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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News
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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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News
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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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News
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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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News
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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.