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Average rent now 25% higher than before Covid says leading agency

Average rent now 25% higher than before Covid says leading agency

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Rents on newly-let homes have increased by 25% across the UK since the start of Covid, costing the average tenant an extra �2,962 each year. Hamptons reports that rents rose 11% year-on-year, with April marking the second strongest month for rental growth on record.&nbsp; <p

Signs of a turnaround in the UK construction industry...

Signs of a turnaround in the UK construction industry...

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Construction activity is continuing to grow in the UK. Thats according to the April S&amp;P Global / CIPS UK Construction Purchasing Managers Index� (PMI), as reported by PCBToday, a Construction, Planning and Building Control portal. Construction companies in the UK the

Renting reforms will be a damp squib and we 'need a proper reset', say experts

Renting reforms will be a damp squib and we 'need a proper reset', say experts

News

Leading property sector figure Kate Faulkner (pictured) has called for a reset of the private rented sector, away from ineffective rules and regulations. <figure id="" class="w-richtext-figure-type- " data-rt-type="" data-rt-align=""><div><img src="https://cdn.prod.website-files.com/63bef2f

NEW: Number of landlords planning to sell up hits RECORD high, new poll finds

NEW: Number of landlords planning to sell up hits RECORD high, new poll finds

News

The number of landlords planning to sell their rented properties has reached its highest level ever, according to new research. BVA-BDRC, commissioned by the NRLA, found that during the first three months of this year a third of 700 private landlords in England and Wales that it

Major portal launches national 'rent passport' initiative for tenants and agents

Major portal launches national 'rent passport' initiative for tenants and agents

News

One of the UKs big property portals has launched an initiative to enable renters to become rent ready as they hunt for homes. OnTheMarket.com, which is a competitor with Rightmove and Zoopla, has now fully integrated Canopys RentPassport service into its platform.</p

Hit or miss: how will the Renters’ Rights Bill land?

Hit or miss: how will the Renters’ Rights Bill land?

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Will the long-awaited Renters Reform Bill land—or fall flat? Explore landlord reactions and what the new measures could mean.

Plea to support landlords with rental reforms as record numbers plan exodus

Plea to support landlords with rental reforms as record numbers plan exodus

News

The https://www.landlordzone.co.uk/news/hold-up-for-renters-reform-bill-blamed-on-procedural-issues/" Renters Reform Bill will increase pressure on landlords and may force even more to quit the market, warns the Royal Institution of Chartered Surveyors (https://w

Interest rate rise set to hit mortgage payments and rental market

Interest rate rise set to hit mortgage payments and rental market

News

The Bank of England has hiked https://www.landlordzone.co.uk/news/revealed-why-higher-interest-rates-are-making-it-trickier-for-btl-investors/" interest rates by 0.25 percentage points, pushing the base rate to 4.5% and raising fears that this could exacerbate rental pric

Gove shelves plans to scrap leaseholds after Number 10 row

Gove shelves plans to scrap leaseholds after Number 10 row

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Housing Secretary Michael Gove has dropped plans to abolish leaseholds in England and Wales after Downing Street officials argued there was not enough time to enact such major reforms. Despite describing it as an outdated feudal system� and pledging to get rid of h

Manchester rolls out next wave of selective licensing schemes

Manchester rolls out next wave of selective licensing schemes

News

Five more https://www.landlordzone.co.uk/news/latest-big-city-to-go-live-with-controversial-selective-licensing-plan/" selective licensing schemes have opened in https://www.landlordzone.co.uk/news/new-devolution-deal-gives-manchester-more-rogue-landlord-powers/"

Housing charity blasts misleading rent-to-rent claims

Housing charity blasts misleading rent-to-rent claims

News

https://www.shelter.org.uk/" Shelter has strenuously denied that it is involved in any https://www.landlordzone.co.uk/news/rent-to-rent-craze-adding-to-uks-renting-crisis/" rent-to-rent schemes after it was claimed that the charity was either acting as

Hold-up for Renters' Reform Bill blamed on 'procedural issues'

Hold-up for Renters' Reform Bill blamed on 'procedural issues'

News

Government delays Renters Reform Bill due to procedural issues, raising concerns over potential dilution of tenant protections.

The best service for landlords who need to sell their property

The best service for landlords who need to sell their property

News

If you're a landlord who needs to sell their properties and is struggling, keep reading, because we have the best solution for you. No catch, no fuss, we simply know exactly what to do to help you. <figure id="" class="w-richtext-figure-type- " data-rt-type="" data-rt-align=""><div><img

No deposit needed for home-buying renters with good track record

No deposit needed for home-buying renters with good track record

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https://www.skipton.co.uk/" Skipton has launched a new mortgage specifically for renters who can now buy a house without needing a deposit. Tenants who can evidence affordability and have a strong track record of rental payments can borrow up to 100% of a prop

Landlords rush to offload their energy-poor properties

Landlords rush to offload their energy-poor properties

News

Thousands of private landlords have started selling their properties ahead of government changes to Energy Performance Certificate (EPC) regulations. More than 65,000 rental properties went up for sale in the first three months of the year, 36,460 of which had an EPC rating of

Education job needed for tenants to make link between cold and mould

Education job needed for tenants to make link between cold and mould

News

Public information campaigns are needed to raise awareness of the consequences of not turning the heating on as often in rented properties, says the NRLA. When quizzing 2,000 tenants in England and Wales about the impact rising utility bills have had on their household budget, t

Paragon Bank reports highest ever tenant demand

Paragon Bank reports highest ever tenant demand

News

A survey of almost 700 landlords, carried out by BVA BDRC for Paragon, reveals that that 67% of landlord respondents had experienced higher than usual tenant demand during the first three months of this year. This, according to Paragon, represents a new all-time high and up from 65% reco

Most UK office landlords have no sustainability strategy

Most UK office landlords have no sustainability strategy

News

According to the findings of recent research commissioned by infinitSpace, in partnership with The Instant Group, the majority of UK office landlords have not made any concrete plans to improve the energy efficiency ratings of their buildings they do not have any form of sustainability

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Scottish leader reveals new housing secretary after McLennan steps down

Scottish leader reveals new housing secretary after McLennan steps down

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Scottish landlords and agents have a new housing secretary to deal with after incumbent Paul McLennan

Battle of words over 'disgusting' comments during landlord conference

Battle of words over 'disgusting' comments during landlord conference

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The Eastern Landlords Association has condemned comments labelled “unprofessional and disgusting” recorded its annual conference.

Chancellor reveals £39 billion to build more affordable homes to rent

Chancellor reveals £39 billion to build more affordable homes to rent

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Pressure on landlords to provide homes for those who would normally rent within the affordable and social housing sectors will lift soon following today’s Spending Review.

Irish government rows back on failed rent controls

Irish government rows back on failed rent controls

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The Irish government has rowed back on its rent control rules in a bid to bring down rents and boost supply.

Landlord to pay £20,000 after converting house illegally

Landlord to pay £20,000 after converting house illegally

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A Dagenham landlord has been fined more than £20,000 after repeatedly ignoring a planning enforcement notice.

Weaker tenant demand cools off rental market, says Zoopla

Weaker tenant demand cools off rental market, says Zoopla

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Weaker demand and growing affordability pressures have pushed rental growth to a four-year low.

'Fixed term contracts will soon be illegal - are you ready?'

'Fixed term contracts will soon be illegal - are you ready?'

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Landlords are facing one of the private rented sector biggest changes in years when it ends fixed-term tenancy agreements.

Rogue estate agents pay heavy price for ignoring redress scheme

Rogue estate agents pay heavy price for ignoring redress scheme

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Nearly 50 estate agencies were expelled from the Property Redress scheme during a six month period last year, the organisation has revealed

Law Commission rules out major change to security of tenure rules for commercial leases

Law Commission rules out major change to security of tenure rules for commercial leases

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The Law Commission has published an interim report on its initial conclusions about security of tenure for business leases

Reform bill 'won't help landlords facing rent debt' admits minister

Reform bill 'won't help landlords facing rent debt' admits minister

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Housing Secretary Michael Gove has admitted that the Renters Reform Bill won’t help landlords claw back money from absconding tenants.

Renting reforms are a 'half baked cake' says sector leader

Renting reforms are a 'half baked cake' says sector leader

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The government has created a “half-baked cake” in the Renters Reform Bill, leaving the PRS desperate for clarity, says one industry boss.

Tax moves afoot to help give landlords financial relief says Gove

Tax moves afoot to help give landlords financial relief says Gove

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Conservative MP Anthony Mangnall voted against the Renters Reform Bill, warning that removing fixed-term tenancies could reduce housing supply.

Great news for landlords as private buying firms rush to snap up buy-to-let portfolios in bulk

Great news for landlords as private buying firms 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” we finally have some good news.

Landlord jailed for eight weeks following 'deplorable' behaviour

Landlord jailed for eight weeks following 'deplorable' behaviour

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A rogue landlord who tried to evict his tenant using “deplorable behaviour” has been jailed for eight weeks.

Give more legal aid to tenants facing eviction, say lawyers

Give more legal aid to tenants facing eviction, say lawyers

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The government is being urged to consider hard-up renters who won’t be able to take on their landlords despite any court system upgrade ahead of the Renters Reform Bill.

'Many non-compliant landlords are offshore' claims Gove

'Many non-compliant landlords are offshore' claims Gove

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Housing secretary Michael Gove has pinned the blame for non-compliance within the private sector on foreign offshore landlords during a Q&A session at yesterday’s NRLA Conference in Birmingham.

HMOs offer TWICE the returns of traditional rental properties, it is claimed

HMOs offer TWICE the returns of traditional rental properties, it is claimed

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A costly HMO conversion could prove a worthwhile long-term investment, with the average 8.1% HMO yield far higher than the 4.4% generated by a regular rental property, according to research by Octane Capital.

Property Portal could be deathknell for big selective licencing schemes, says MP

Property Portal could be deathknell for big selective licencing schemes, says MP

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The mandatory national Property Portal for landlords to be introduced by the Renters (Reform) Bill next year will stop the spread of borough-wide selective licencing schemes, a leading MP has claimed.

Gove slams rent controls and defends Section 21 abolition

Gove slams rent controls and defends Section 21 abolition

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Michael Gove used his speech to introduce the second reading of his Renters (Reform) Bill to pour cold water on calls for rent controls while also trying to reassure ‘good’ landlords that the abolition of Section 21 ‘no fault’ evictions will not affect them.

BLOG: 'Landlords as well as tenants face a cost of renting crisis'

BLOG: 'Landlords as well as tenants face a cost of renting crisis'

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Following months of uncertainty, this year will be looked back upon as a tumultuous one for landlords.

Legal matters: terminology, lease or licence, what's the difference?

Legal matters: terminology, lease or licence, what's the difference?

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Yes, legal terms confuse and like many specialisms, the confusion is added to by the fact that different terms often have essentially the same meaning.

Landlords told to check tenancy contracts after landmark court case

Landlords told to check tenancy contracts after landmark court case

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A judge has opened the door to higher compensation being paid by landlords if they fail to protect their tenants’ rental deposits within one of the official schemes.

Details of compulsory national Portal for landlords revealed

Details of compulsory national Portal for landlords revealed

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More detail on what information landlords will have to provide to the looming Property Portal have been revealed by the Government.

LATEST: Landlords WILL be allowed to demand tenants have pet insurance

LATEST: Landlords WILL be allowed to demand tenants have pet insurance

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The Government has said it supports measures that will allow landlords to either charge tenants with cats or dogs both pet insurance at the beginning of tenancies or request that they take out a policy themselves.

Majority of renters support banning Section 21 evictions and rent controls - claim

Majority of renters support banning Section 21 evictions and rent controls - claim

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A renters’ lobbying says its polling of England’s private renters has found a majority support the changes within the looming Renters (Reform) Bill getting its second reading today in parliament.

Government U-turns on eviction and tenancy reforms

Government U-turns on eviction and tenancy reforms

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The Government has confirmed that it will not bring in its controversial ban on Section 21 evictions within the looming Renters (Reform) Bill until problems with the courts have been fixed.

Court shake-up vital in next week's Bill debate

Court shake-up vital in next week's Bill debate

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The NRLA has urged the government to address court hold-ups while debating the Renters Reform Bill – or risk undermining work to improve the sector.

Scottish eviction law continues to hamper PRS growth

Scottish eviction law continues to hamper PRS growth

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Investors are losing confidence in the Scottish PRS, while rent caps and increased construction costs are halting rental developments, says one property solicitor.

The importance of the "How to Rent" Guide and Section 21

The importance of the "How to Rent" Guide and Section 21

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How to Rent Guide : very important when setting up a new tenancy, or on renewal, and when serving a section 21 notice.

Agents and student landlords are top of the class in Bath

Agents and student landlords are top of the class in Bath

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University students rate Bath as having the best letting agents in the UK based on the number of reviews and average ratings.

Family operation ran string of unlicensed HMOs

Family operation ran string of unlicensed HMOs

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A rogue landlord has been prosecuted for letting eight unlicensed HMOs which breached health and safety rules that put his tenants at risk.

Kent landlord rumbled fly-tipping tenant's waste

Kent landlord rumbled fly-tipping tenant's waste

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A Kent landlord who dumped a huge pile of his tenant’s belongings in a country lane was rumbled after an investigation traced it back to him.

OPINION: Should landlords let tenants redecorate?

OPINION: Should landlords let tenants redecorate?

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One of the biggest discussion strings on any landlord forum including our own is how far tenants are allowed to modify or refurbish their property, with many users claiming some renters go too far.

Landlord reveals football boss's £28,400 rental scam

Landlord reveals football boss's £28,400 rental scam

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A director of the Scottish Women’s Premier League (SWPL) has been found guilty of defrauding her landlord with an elaborate scam.