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Landlords ARE quitting rented sector says Bank of England

Landlords ARE quitting rented sector says Bank of England

News

Bank of England warns landlord exodus from rental sector as taxes and policies drive investors away, worsening housing supply crisis.

Future of private rented sector will be the '15-minute' home say experts

Future of private rented sector will be the '15-minute' home say experts

News

The future of new rented accommodation in the UK will be developments where all facilities including transport, shops and services including schools are all within 15 minutes of a tenants property, it has been claimed. This comment was made during a https://www.savil

NRLA calls on Government to review landlord taxes to stop 'supply crisis'

NRLA calls on Government to review landlord taxes to stop 'supply crisis'

News

Landlords are calling on the Government to review how they are taxed after new figures reveal the devastating impact higher levies are having on the private rented sector. The National Residential Landlords Association (NRLA) says new research conducted on its behalf by co

'Discriminatory' HMO licensing scheme rules slammed by landlords

'Discriminatory' HMO licensing scheme rules slammed by landlords

News

Two out of three HMO landlords in Portsmouth plan to call it quits this year, largely prompted by the launch of an additional licensing scheme in September. Portsmouth & District Private Landlords Associations survey found that this would mean a loss of 348 rooms which, e

Damp and mould investigation reveals 1000s of homes affected

Damp and mould investigation reveals 1000s of homes affected

News

A Government investigation into damp and mould in the social housing sector has disclosed initial findings which show a significant number of homes in the social sector are affected by this problem. On Thursday (2 February) the Regulator of Social Housing (RSH) published a <a hr

Up for a fight? Fundraiser seeks property people to step into the ring

Up for a fight? Fundraiser seeks property people to step into the ring

News

The property industrys Rumble with the Agents charity event is to host its eighth evening of boxing and fund-raising in North London on Thursday 22nd June, it has been announced. <figure id="" class="w-richtext-figure-type- " data-rt-type="" dat

MORTGAGE SHOCK: Bank of England hikes base rate by 0.5% to 4%

MORTGAGE SHOCK: Bank of England hikes base rate by 0.5% to 4%

News

The Bank of England has raised interest rates for the 10th consecutive time as it battles inflation - a move likely to hit thousands of investors with variable rate mortgages and those forced to renew fixed-rate deals. The base rate has gone up by half a percent to 4%, the highe

Councils' frosty reception for HMOs sees number decline in key regions

Councils' frosty reception for HMOs sees number decline in key regions

News

Englands HMO market has shrunk by more than 21,000 properties in the last two years as local councils ramp up planning rules and licensing schemes. Numbers were down by -2.4% to 489,701 last year, having already seen a -1.7% drop in 2021, according to figures from Octane Capi

EXCLUSIVE: Online boss talks candidly about landlords' reluctance to 'go digital'

EXCLUSIVE: Online boss talks candidly about landlords' reluctance to 'go digital'

News

The boss of online lettings platform lettingaproperty.com is determined to overcome landlords inertia to switch from using high street agents. Jonathan Daines admits its a challenge as 95% of landlords still use agents, with the ingrained belief that the online process wil

MARKET: Average house price down 3.2% since August 2022

MARKET: Average house price down 3.2% since August 2022

News

House prices have fallen for the fifth month in a row, with the average property now worth �258,297, almost �4,000 less than in December, reports Nationwide. January saw a -0.6% monthly dip which left prices 3.2% lower than their August peak, while annual house price growth al

Making Tax Digital for Income Tax on hold, again!

Making Tax Digital for Income Tax on hold, again!

News

If you were due to submit a self-assessment tax return and pay your dues by yesterdays deadline and you missed it you should do so now without delay, otherwise you will face a penalty. Anyone with rental income must submit a self-assessment income tax return, completing the property inco

Looming Vic & Bob movie to portray landlords as 'obnoxious'

Looming Vic & Bob movie to portray landlords as 'obnoxious'

News

Landlords are to get their latest outing on the silver screen within the first movie by comedians Vic Reeves and Bob Mortimer, it has been reported. But predictably its not the image many would prefer to see the comedy pair promote. After nearly two decades of dev

Landlord to pay tenants �10,000 after losing RRO legal appeal

Landlord to pay tenants �10,000 after losing RRO legal appeal

News

A London landlord has been hit with a �9,880 rent repayment order after failing to convince a tribunal that his tenants application was not legal. The landlord admitted that he had held a selective licence which limited occupation to five people from one household but hadn

Landlords are taking action as tax bills and refurb costs rise above rent yields

Landlords are taking action as tax bills and refurb costs rise above rent yields

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Rising number of tenants forced to leave Scottish private rental sector

Rising number of tenants forced to leave Scottish private rental sector

News

The number of households becoming https://www.landlordzone.co.uk/news/new-minister-reveals-millions-more-to-fund-prs-support-schemes-for-homeless/" homeless from private rented tenancies in Scotland is now higher than it was pre-pandemic, according to new government data.

Private rented sector is not 'broken' as campaigners claim, says new report

Private rented sector is not 'broken' as campaigners claim, says new report

News

Ministers and campaigners who claim that tenants are trapped in a 'broken' private renters sector are wrong, a new independent report commissioned by the NRLA has claimed, highlighting how three quarters of tenants think their rent fair or excellent value for mo

Podcast: Should landlords invest or divest?

Podcast: Should landlords invest or divest?

Podcast

In the latest episode of The Property Cast , now available to https://www.totallandlordinsurance.co.uk/knowledge-centre/investing-in-buy-to-let-2023?utm_source=landlordzone&utm_medium=investment+podcast+article&utm_campaign=landlordzone+january+2023" <st

Peterborough expands selective licensing after success of pilot

Peterborough expands selective licensing after success of pilot

News

Peterborough's new selective licensing scheme requires landlords in designated areas to obtain a £908 licence, aiming to improve housing standards.

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UK rent outside London hits record high of £1,349 monthly

UK rent outside London hits record high of £1,349 monthly

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The average asking rent of a property outside of London has increased to a new record £1,349 a month, new data reveals.

Housing market cools as more properties hit the market

Housing market cools as more properties hit the market

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News
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The number of homes for sale has reached a new height as demand among house hunters “cools”, it has been revealed.

COMMENT: How do you get started investing in property?

COMMENT: How do you get started investing in property?

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How do you get started investing in property? A recent post on our LandlordZONE Forums got me thinking about this question

Buckinghamshire tenants pay highest rents in the country

Buckinghamshire tenants pay highest rents in the country

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News
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Tenants in Buckinghamshire fork out for the highest rents in the country - even more than those living in London’s prime SW7 postcode.

Paragon Bank launches cheapest buy-to-let five-year fix in almost three years

Paragon Bank launches cheapest buy-to-let five-year fix in almost three years

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News
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Paragon Bank has launched its cheapest buy-to-let five-year fix in almost three years, becoming the latest lender to offer landlords more attractive deals.

London Renters Union protest against “slumlords”

London Renters Union protest against “slumlords”

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News
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London Renters Union protested against “slumlords” in the capital at the weekend, calling for housing justice for all.

Older tenants face less financial security in retirement than owners

Older tenants face less financial security in retirement than owners

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News
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Older renters are heading for a bleak retirement with significantly less financial security than their homeowning peers.

Flawed possession grounds will cut student housing supply, NRLA warns

Flawed possession grounds will cut student housing supply, NRLA warns

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News
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A flawed grounds for possession will reduce the supply of student housing, the NRLA has warned.

Landlords hit with £30K bills after cannabis gangs took over homes

Landlords hit with £30K bills after cannabis gangs took over homes

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News
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Landlords were left with bills of up to £30,000 after cannabis gangs took over their properties and left them unliveable.

EXCLUSIVE: Landlord group reveals battle to stop licensing scheme

EXCLUSIVE: Landlord group reveals battle to stop licensing scheme

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News
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Landlords in Scunthorpe have called for judicial reform after their bid to challenge an upcoming selective licensing scheme failed.

Landlords urged to check electrical paperwork or risk fine

Landlords urged to check electrical paperwork or risk fine

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News
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Millions of landlords will have to renew their Electrical Installation Condition Reports in the coming months, warn electrical certification body.

Over 1,000 people sign anti-holiday let petition in hotspot

Over 1,000 people sign anti-holiday let petition in hotspot

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News
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Disgruntled residents in York have backed a petition to clamp down on the number of short-term lets in the city.

'Reckless' letting agent fined over illegally rented properties

'Reckless' letting agent fined over illegally rented properties

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News
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A firm has been handed a £14,000 fine for renting out a dangerously unsafe house to vulnerable tenants.

Fur flies as social media vilifies landlord over cat sitting request

Fur flies as social media vilifies landlord over cat sitting request

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News
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A landlord has been lambasted for offering a room to rent with the condition that the tenant must look after two cats.

Letting agents report landlords quitting 'in droves' ahead of reforms

Letting agents report landlords quitting 'in droves' ahead of reforms

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Letting agents across the UK have expressed fears about landlords quitting in their droves ahead of the Renters’ Rights Act.

CLAIM: 'Insurance is only way to solve the pets-in-lets problem'

CLAIM: 'Insurance is only way to solve the pets-in-lets problem'

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News
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A pet campaigner has warned that it will be a travesty if the government fails to overturn a House of Lords decision to reject plans for pet insurance

Landlord warns new red tape will reduce rental supply

Landlord warns new red tape will reduce rental supply

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News
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Landlords in Guernsey have warned that new minimum standards brought in this week to make rental homes safer will spark a PRS exodus.

Adding value to your property is the key to investment success 

Adding value to your property is the key to investment success 

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News
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One tried and trusted way to maximise profit is to buy undervalued property, you can then compound the gain by adding value

REPORT: Landlord exodus already impacting market

REPORT: Landlord exodus already impacting market

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News
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Scores of landlords leaving the sector are exacerbating a significant lack of rental properties

Former housing watchdog chief says build-to-rent 'the future'

Former housing watchdog chief says build-to-rent 'the future'

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News
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Long-standing MP Clive Betts is banging the drum for build-to-rent (BTR) through a taskforce that aims to boost the number of properties in the sector

Council leader says HMOs 'change the character of neighbourhoods'

Council leader says HMOs 'change the character of neighbourhoods'

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News
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Warrington leader makes comments as council launches plan to rein-in HMO numbers within town.

Solicitor highlights 'holes' in Labour's renting reforms

Solicitor highlights 'holes' in Labour's renting reforms

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News
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Bethen Abraham highlights two areas of the Renters' Rights Bill that have yet to be clarified by Ministers.

Student landlords STILL being forgotten by Labour - expert

Student landlords STILL being forgotten by Labour - expert

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News
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Paddy Jackman says sector's needs 'falling between' cracks as Government pushes ahead with renting reforms.

Judge highlights  unregulated eviction 'solicitors' problem

Judge highlights  unregulated eviction 'solicitors' problem

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News
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Court case highlights ongoing problem of legal firms that claim to be 'authorised' to help landlords evict tenants when they are not.

Generous property 'leasing scheme' for landlords goes national

Generous property 'leasing scheme' for landlords goes national

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News
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Landlords across Wales can now take advantage of a scheme that lets them lease their property to the local council for up to 20 years.

'Cut stamp duty if you want to help end housing crisis'

'Cut stamp duty if you want to help end housing crisis'

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News
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Scotland’s landlords have urged its government to pause additional stamp duty payments in a bid to alleviate its housing emergency.

Big NE of England town latest to reign-in HMO numbers

Big NE of England town latest to reign-in HMO numbers

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News
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Darlington looks set to be the latest council bringing in tougher rules to control the growth of small HMOs.

Minister explains why pet damage insurance 'not needed'

Minister explains why pet damage insurance 'not needed'

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News
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Minister explains why pet damage insurance will not be mandated, and says current deposit of five weeks 'enough'.

Criminal gang jailed for running cannabis farms across UK

Criminal gang jailed for running cannabis farms across UK

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News
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A gang of cannabis farm operators, drug dealers and people smugglers have been jailed.

Big NW town latest to clamp down on HMO growth

Big NW town latest to clamp down on HMO growth

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Wigan council says rise in number of smaller HMOs within its borders means new powers to scrutinise new applications are needed.

Flipping now 'tricky' as higher taxes and lower price rises bite

Flipping now 'tricky' as higher taxes and lower price rises bite

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News
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The practice of property flipping to make a profit is under serious threat from both higher tax and lower house price rises.

OPINION: Awaab’s Law is coming – be warned, it has serious implications for you!

OPINION: Awaab’s Law is coming – be warned, it has serious implications for you!

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Awaab’s Law: What it means for private landlords and the future of property standards

MPs in race to pass rental reforms before recess

MPs in race to pass rental reforms before recess

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News
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The Renters' Rights Bill now looks more likely to be passed before the summer recess.

London council hikes HMO licensing fees

London council hikes HMO licensing fees

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News
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HMO landlords face paying out £1,570 for a licence when Camden Council renews its additional scheme in December.