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Dismay as renting reforms finally hit the buffers

Dismay as renting reforms finally hit the buffers

News

The Renters (Reform) Bill has been abandoned and must now go back to the drawing board after years of uncertainty and political wrangling.

South West properties see strongest tenant demand

South West properties see strongest tenant demand

News

Eight in 10 landlords are reporting strong levels of tenant demand, Paragon Bank research has revealed.

All for nothing? General election 'death knell for Tories' renting reforms'

All for nothing? General election 'death knell for Tories' renting reforms'

News

The Renters (Reform) Bill is almost dead in the water following the announcement of a 4th July general election which probably won’t leave time for it to become law before Parliament is dissolved next Thursday.

Comment: The Labour Party is at odds with itself over rent controls, just how effective are they?

Comment: The Labour Party is at odds with itself over rent controls, just how effective are they?

News

The threat of rent control still lingers, despite Labour claiming the party policy goes against it, landlords still leaving...

Experts pour cold water on Welsh rent controls plans

Experts pour cold water on Welsh rent controls plans

News

The Welsh Government should reinforce existing legislation, remove barriers to building more adequate homes and improve how it collects data instead of bringing rent controls into the housing debate, according to Propertymark.

Northern Mayor vows to seize properties from rogue landlords

Northern Mayor vows to seize properties from rogue landlords

News

New North East mayor Kim McGuinness has vowed to seize properties from irresponsible landlords as part of her plan to stand up for renters.

Right to Rent rules relaxed to help landlords and agents

Right to Rent rules relaxed to help landlords and agents

News

Changes to the EU Settlement Scheme mean tenants granted pre-settled status can continue to prove their right to rent easily while landlords will be better able to check their immigration status.

Sunak names date for election as 55% of landlords revealed 'undecided'

Sunak names date for election as 55% of landlords revealed 'undecided'

News

Landlords are likely to be targeted heavily by political parties as new research shows most remain undecided following Rishi Sunak’s decision to go for a July 4th General Election.

Council to 'educate' renters in person if they live within new licencing areas

Council to 'educate' renters in person if they live within new licencing areas

News

Gateshead plans to include a third of its private rented properties in a selective licencing scheme that also aims to improve tenants’ wellbeing and prompt landlords to boost energy efficiency.

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Big boiler manufacturer promises not to repeat 'greenwashing' claims

Big boiler manufacturer promises not to repeat 'greenwashing' claims

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News
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One of the UK’s biggest gas boiler manufacturers used by millions of landlords has promised not to ‘greenwash’ its part-hydrogen fuelled boilers.

How many laws must landlords adhere to, asks legal expert

How many laws must landlords adhere to, asks legal expert

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News
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Law-savvy landlords are being asked to help compile a definitive list of legislation impacting the PRS.

No.10 cat 'backs' mandatory pet damage insurance campaign

No.10 cat 'backs' mandatory pet damage insurance campaign

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News
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Larry the Number 10 cat has backed a charity’s campaign to change the law allowing tenants to keep pets.

Hardship test “bombshell” for landlords

Hardship test “bombshell” for landlords

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Labour’s housing minister Matthew Pennycook is said to be planning a “hardship test”

New minister says transfer from housing benefit to Universal Credit 'smooth' but expert disagrees

New minister says transfer from housing benefit to Universal Credit 'smooth' but expert disagrees

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News
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Claims by the new Department of Work and Pensions (DWP) minister of state Stephen Timms that the transfer of remaining housing benefit claimants to Universal Credit is being done ‘as smoothly as possible’ have been questioned by a leading expert.

Landlord fined £10,000 over failure to do £169 safety check

Landlord fined £10,000 over failure to do £169 safety check

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News
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Booking in a five-yearly Electrical Safety Installation Certificate (ESIC) check for your rented property often seems like one of the plethora of minor tasks on the ‘to do’ list.

Higher BTL repossessions making rental shortage worse says Law Society

Higher BTL repossessions making rental shortage worse says Law Society

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News
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An increase in buy-to-let repossessions is exacerbating the rental supply shortage and leaving evicted families without legal aid needed to fight their case.

'We're seeing mostly older landlords selling up' says agency boss

'We're seeing mostly older landlords selling up' says agency boss

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News
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An exodus of older landlords is paving the way for build-to-rent investors and younger landlords looking to capitalise on higher yield properties, according to a big estate agency boss.

Landlord property repossessions continue upward trajectory

Landlord property repossessions continue upward trajectory

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At least 710 buy-to-let mortgaged properties were repossessed in the second quarter of the year, 13% up on the previous quarter and 51% up year-on-year.

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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News
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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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News
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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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News
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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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News
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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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News
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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?

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