Despite the fall in inflation, The Guardian is reporting https://www.theguardian.com/business/2023/may/24/uk-inflation-falls-cost-of-living-crisis" the financial markets are betting on an interest rate rises to 4.75% in June and 5.4% by the end of the year , the Office fo
A Conservative MP has called for tenants to be offered affordable homes in tourist hot spots if they can prove theyre local. During a Commons debate on short-term holiday lets, East Devon MP Simon Jupp (pictured) suggested that councils could be allowed
The NRLA says Government measures to abolish Assured Shorthold Tenancies (ASTs) will decimate the student housing sector if they go ahead unchanged. Featured within the Renters (Reform) Bill, this will see ASTs replaced with more flexible open-ended periodic tenancies
Commercial property is an important part of the UK economy, but the retail and office sectors as still suffering and rising interest rates present a real threat. A recent https://bpf.org.uk/media/6294/cl16688-01-bpf-economic-footprint-may23-v5-hi-res-single-pages.pdf" t
Electric vehicle charging expert Matthew Gibbons (main picture) explores the pros and cons of installing the different equipment at rental properties. Rented properties with EV charge points are a rare thing, so installing one makes a home more desi
In the Spring Budget, the Chancellor announced a raft of measures that the Government intends to help level up the UK. Specifically, they're pledging to prioritise employment, education and enterprise
Better transport links to the capital have boosted the number of Londoner commuters happy to spend time on the tube or bus. Renters are living further away from the office than they did seven years ago because this doesnt necessarily equate to longer journey times due to impr
A debt charity is calling on the government to introduce stronger protections for tenants who fall behind on their rent. StepChanges survey found that private renters struggled to afford their homes more than any other housing tenure, with one in six (1.2 million people) rely
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
Private landlords face a £21.4 billion bill to bring their properties up to the proposed EPC C rating by 2030.
Rogue landlords face being forced to pay back up to 24 months’ rent as part of a shake-up of Rent Repayment Orders under the new Renters’ Rights Bill.
Aspiring portfolio landlords are increasingly targeting higher yielding multi-unit blocks (MUB) and HMOs rather than traditional flats and semis.
The Welsh government's attempts to persaude second home owners to sell up isn't working and instead is damaging local tourism economies, a leading tourism figure has claimed.
An experienced landlord who has rented a house in London for many years says she is selling the property after the recent and looming changes to the sector have made it ‘too risky’.
The UK’s largest landlord association has rebranded and relaunched its website following a wide-ranging member consultation.
If proof were needed this is it, rent controls lead to reduced landlord incomes, rental housing shortages, increased rents and deteriorating housing stock
Landlord Action’s Paul Shamplina has predicted a rise in landlords using rent guarantee insurance as well as tougher referencing to protect themselves against the fall-out of eviction reforms.
Leeds Council plans to extend selective licensing across more of the city when the current scheme ends next year.
The Renters Reform Bill is expected to get its second reading on Monday, heralding a huge shake-up of the sector after four years in the planning.
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.
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.
Energy Security and Net Zero Secretary Claire Coutinho (main picture) has rejected the idea of tax breaks for landlords to pay for green upgrades.
Harlow Council in Essex aims to take a harder line with private landlords by introducing civil penalties as an alternative to prosecution.
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 will get more help when paying court fees during evictions and claiming Rent Repayment Orders after the government expanded its Help with Fees scheme.
Burnley Council has launched plans to clamp down on landlords converting homes into small HMOs.
PRS chief Sean Hooker relects on the bumpy ride landlords face in the coming months, and how they can get prepared for the changes.
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.
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.
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.
There’s now a significant proportion of adults in the UK struggling to meet their rent or mortgage payments
Landlords who took out a new mortgage between April and June this year made an annual cash loss for the first time since 2007.
A landlord who ignored improvement notices on his two unlicensed properties has been handed a £15,000 fine by magistrates.
It is very convenient and timely to accept documents relating to tenancies signed electronically and transmitted electronically - are they legal valid?
A letting agency in Hove has been ordered to pay nearly £69,000 for “abhorrent and vile” behaviour towards its tenants.
Renters with pets or children are paying as much as £460 more during their tenancy compared to other renters.
After a tough week, starting with reports from the Telegraph urging banks to “stop treating landlords like cash cows”.
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).
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 has been ordered to pay benefits landlord Mick Roberts compensation over a long-running saga which saw him wrongly given a bad credit rating.
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.
Investing in commercial property can be an attractive alternative to buy-to-let
An investigation has revealed that nearly all the flat listings on Facebook Marketplace in central Glasgow were potential scams.
