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Landlord mortgage costs rising faster than rent rises, research shows

Landlord mortgage costs rising faster than rent rises, research shows

News

Barrows and Forrester reports UK landlords' mortgage costs rose 20–45% since 2021, outpacing rent increases, squeezing rental yields.

Consultation reveals majority of residents oppose wider selective licencing

Consultation reveals majority of residents oppose wider selective licencing

News

Plans to bring in a vast new selective licencing scheme within Brent have been given a resounding thumbs down from both landlords and, surprisingly, the London boroughs residents too. <figure id="" class="w-richtext-figure-type- " data-rt-type="" data-rt-align=""><div><img src="https:

AIRBNB: Tory 'free marketeers' attack Gove over short-lets clamp-down

AIRBNB: Tory 'free marketeers' attack Gove over short-lets clamp-down

News

Michael Goves plans announced yesterday to require owners of holiday lets in tourist hotspots to get planning permission for their properties has not gone down well in some quarters of the Conservative party. The https://www.landlordzone.co.uk/news/breaking-governmen

Portsmouth HMOs face council tax re-banding surge

Portsmouth HMOs face council tax re-banding surge

News

Landlords locked in a battle with Porsmouth council over its approach to shared houses have branded its recent planning decisions an anti-HMO campaign. Trouble has been brewing the city since councillors on its planning committee began overriding the councils own planni

EXPERT: Why are so many agents and landlords ignoring fees law?

EXPERT: Why are so many agents and landlords ignoring fees law?

News

Experts highlight widespread non-compliance with the Tenant Fees Act 2019, with many landlords and agents unlawfully charging prohibited fees.

Planning permission for short-lets proposed in popular areas

Planning permission for short-lets proposed in popular areas

News

Government to curb Airbnb boom by introducing planning permission for short‑lets in England’s holiday hotspots.

OPINION: Yet another property training company bites the dust!

OPINION: Yet another property training company bites the dust!

Opinion

I have lost track of the number of firms offering property investment courses and investment vehicles that have gone bust in my own experience, some offering dodgy training courses or imaginative investment schemes of one sort or another, and right down to those plying outright scams. <p

TV: Shamplina defends landlords who conduct 'extreme tenant vetting'

TV: Shamplina defends landlords who conduct 'extreme tenant vetting'

News

TV star Paul Shamplina has defended landlords who ask tenants to provide additional referencing information such as copies of their CV or LinkedIn profiles. Appearing on TV this morning (watch below), he told presenters Eamon Holmes and Isabel Webster from GB News that in a high

Council warns of 'stiff HMO penalties' as it fines landlord �23,000

Council warns of 'stiff HMO penalties' as it fines landlord �23,000

News

A big council in the South East of England has warned landlords who dont licence their HMO properties that they face stiff fines for non-compliance. <figure id="" class="w-richtext-figure-type- " data-rt-type="" data-rt-align=""><div><img src="https://cdn.prod.website-files.com/63bef2f3c

Decent Homes Standard poses little risk for landlords

Decent Homes Standard poses little risk for landlords

News

Paragon Bank survey shows 62% of landlords support Decent Homes Standard; 74% frustrated by lack of action against substandard housing.

Claiming EPCs will cost £1000s to upgrade from D to C 'inaccurate' says expert

Claiming EPCs will cost £1000s to upgrade from D to C 'inaccurate' says expert

News

There have been many articles in the media stating that it will cost £5,000 to £6,000 to improve a residential landlords EPC from D to C. James Tanner, whose family operates a London-based PRS portfolio,&nbsp;and&nbsp;who also runs a https://www.jtannerproperties.c

NEW: 36% of tenants would accept a rent increase from a good landlord

NEW: 36% of tenants would accept a rent increase from a good landlord

News

New research within the private rented sector has unearthed surprising attitudes to rent increases among tenants. Uswitch asked 2,000 renters whether they would accept an increase when renewing their rental contract and found that on average 36% would accept an increase while 50

BREAKING: £17.9 billion landlord bill for EPC upgrades revealed

BREAKING: £17.9 billion landlord bill for EPC upgrades revealed

News

Private landlords face a combined bill of �17.9 billion to upgrade their properties to a minimum EPC band C by 2025, with landlords in the capital facing the largest bill at �3.2 billion. Knight Franks figures highlight the looming crunch within the private rented sector pr

Be wary of property courses offering 'quick routes to success' says expert

Be wary of property courses offering 'quick routes to success' says expert

News

Leading landlord and evictions figure Paul Shamplina has warned those seeking property investment training to be wary of courses which seem to provide easy shortcuts to success�. His comments were made over the weekend within an investigation by The Telegraph newspaper into

Average holiday home investor income rises by 59% since 2019

Average holiday home investor income rises by 59% since 2019

News

The UKs largest holiday home rentals website has published shocking figures that reveal the average income earned by property investors on its platform. Sykes Holiday Cottages Holiday Letting Outlook Report 2023 reveals that its average owner saw an income of �24,000 last

Tribunal slams councils for 'cash cow' licencing schemes that aren't needed

Tribunal slams councils for 'cash cow' licencing schemes that aren't needed

News

A First Tier Property Tribunal has slammed Nottingham Council for covering large swathes of the city with licensing schemes rather than targeting rogue landlords, a 'temptation' it says is faced by other local authorities. Justice for Tenants brought a case on behalf of a tenant

Shrinking buy-to-let could see a buy-to-let mortgage drought

Shrinking buy-to-let could see a buy-to-let mortgage drought

News

As landlords continue to exit the buy-to-let market, to the detriment of their tenants, could this rout also lead to buy-to-let mortgage lenders following their lead? This is a question posed by Chloe Cheung writing for the FT this last weekend. Its a serious question, a deve

Letting agents back HMO council tax re-banding reform proposals

Letting agents back HMO council tax re-banding reform proposals

News

Letting agents have backed the Governments decision to reform the way HMO properties are banded for council tax. Propertymark, which represents the estate agency sector, says in its submission to a consultation by the Department of Levelling Up, Housing and Communities that p

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"Upward-only" rent review

"Upward-only" rent review

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Contrary to popular belief, 'upward-only' rent review does not mean the rent must increase.An 'upward-only' review means that the rent payable after the review to open market rental is agreed or ascertained would not be less than the rent payable before the rent review, even if the open market re

The Dangers with Section 8 Possession Claims

The Dangers with Section 8 Possession Claims

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There are dangers with using the Section 8 possession claims process under the Housing Act 1988 which are not always apparent to landlords and agents.There is always a temptation to use section 8 because the shorter notice period (usually 2 weeks) is much quicker to court than the alternative - s

What is a Section 25 Notice

What is a Section 25 Notice

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What is a Section 25 Notice? My business lease is coming to an end and my landlord has served on me a Section 25 Notice.Commercial (Business) Tenancies in England &amp; Wales are regulated by the Landlord &amp; Tenant Act 1954 (Part 2).This means that when the fixed term ends (end of lease) the b

What is a Section 48 Notice?

What is a Section 48 Notice?

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Section 48 of the Landlord and Tenant Act 1987 states that landlords of residential tenancies in England and Wales must furnish their tenants with an address in England &amp; Wales at which notices can be served. Failure to do so will mean that any claim for rent, rent arrears or service charges

Fixed-Term or Periodic Tenancy?

Fixed-Term or Periodic Tenancy?

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Should landlord insist on renewing fixed term tenancies or allow them to lapse into periodic tenancies?In essence a tenancy is the right to possess and occupy land belonging to another. A tenancy gives the occupier a legal interest in the land for a defined period of time.A relationship of landlo

What is a Section 213 Notice?

What is a Section 213 Notice?

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A section 213 notice is a prescribed form notice which must be served on your tenant, or another person, if they provided a deposit for a rental.If you have taken a deposit for an Assured Shorthold Tenancy (AST) in England &amp; Wales (the rules in Scotland &amp; Northern Ireland are similar but

A Check List for Serving a Valid Section 21 Notice

A Check List for Serving a Valid Section 21 Notice

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This is a handy check list for use to help you ensure you are serving a valid section 21 notice. Section 21 of the Housing Act 1988 (as amended 1996 &amp; 2004) provides a means of re-gaining possession of a residential property in England &amp; Wales. Other UK jurisdictions are similar but there

Tenant's Notice to Quit

Tenant's Notice to Quit

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How can a tenant end a residential tenancy and stay within the law - usually with a Tenant's Notice to Quit?In practice most residential tenancies in England and Wales end (over 90 per cent of them) with tenants giving their landlord notice. These guidelines are based on English law and are not a

Agricultural Tenancies

Agricultural Tenancies

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Farm and Land Tenancies Approximately one-third of all agricultural land in England and Wales is covered by agricultural tenancies. Tenancies allow people to farm without being landowners. As agricultural land is expensive, and the acreage now needed to make a viable operati

Big London council to begin regulation for over 8,500 HMO properties

Big London council to begin regulation for over 8,500 HMO properties

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Wandsworth Council is to launch a consultation into borough-wide additional licensing and a selective licensing scheme in three of its wards.

Landlord fined £10,000 after ignoring tenants’ calls to fix boiler

Landlord fined £10,000 after ignoring tenants’ calls to fix boiler

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A landlord who ignored his tenants’ pleas to fix their boiler during sub-zero temperatures has been ordered to pay out nearly £10,000 in fines and compensation.

Properties with EPCs under a Band C ‘already harder to sell to other landlords’

Properties with EPCs under a Band C ‘already harder to sell to other landlords’

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Rental properties with an EPC certificate below a band C are becoming more difficult to sell to other landlords, new research has suggested.

Rents still rising fast in London as up to 38 tenants chase each property

Rents still rising fast in London as up to 38 tenants chase each property

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Latest rental market data from London reveals a private rental sector still on fire as rents rise by 11% year-on-year, says agency Foxtons.

Damp, mould and condensation – YOU are to be held responsible

Damp, mould and condensation – YOU are to be held responsible

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The latest government guidance places the responsibility for damp, mould and condensation firmly in the lap of the landlord, whatever the cause!

Join the debate and experts at the next National Landlords Investment Show

Join the debate and experts at the next National Landlords Investment Show

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LandlordZONE readers are invited to join a gathering of like minds being organised by the National Landlords Investment Show in Elstree, Hertfordshire on 27th September 2023.

Bill is solution to non-existent problem in student market, says landlord group

Bill is solution to non-existent problem in student market, says landlord group

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Changes to the student rental market under the Renters (Reform) Bill could result in even less protection for students, according to York‘s Residential Landlord Association.

BBC scrutiny dents mayor’s bid to paint bleak renting picture

BBC scrutiny dents mayor’s bid to paint bleak renting picture

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London Mayor Sadiq Khan has been pulled up for selectively using statistics to lend weight to his demands for rent controls in the capital.

BLOG: Probe will rule that deposit alternatives are pro-consumer choice

BLOG: Probe will rule that deposit alternatives are pro-consumer choice

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The Competition and Markets Authority (CMA) is to probe five different activities involving landlords and letting agents, and their responsibilities to private tenants.

LSA selling landlord portfolios for higher than market value, faster than anyone else

LSA selling landlord portfolios for higher than market value, faster than anyone else

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If you need to sell you no longer have to worry about Estate Agents taking too long, or auctions offering too low a price, portfolio exit specialists are the solution.

Renters Reform Bill debate pushed back but still on track for June

Renters Reform Bill debate pushed back but still on track for June

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The Renters Reform Bill is on track to get Royal Assent next June, says the NRLA – despite the possibility of a snap May general election.

PRS can grab a share of new insulation fund to save on fuel bills

PRS can grab a share of new insulation fund to save on fuel bills

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Landlords and tenants could be in line for some extra funding towards energy efficient improvements following the launch of the Great British Insulation Scheme.

Fast-growing Scottish rents top UK chart despite cap extension

Fast-growing Scottish rents top UK chart despite cap extension

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Landlords in Scotland hampered by rent controls have managed to drive annual rent growth faster than anywhere else in the UK.

Minister says 'no' to more challenging goals for landlord green home upgrades

Minister says 'no' to more challenging goals for landlord green home upgrades

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Peers have rejected calls to set government targets for making properties more

London rent crisis as thousands of landlords seek to sell

London rent crisis as thousands of landlords seek to sell

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Rising mortgage rates and regulatory changes lead thousands of London landlords to sell, intensifying the city's rental housing crisis.

Extra funding on offer to make PRS more accessible for disabled tenants

Extra funding on offer to make PRS more accessible for disabled tenants

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Landlords and tenants are being encouraged to apply for new funding to help older and disabled people make adaptations in their homes so they can continue to live independently.

Landlord mortgage debt rises as many borrow to 'keep their operations going'

Landlord mortgage debt rises as many borrow to 'keep their operations going'

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Months of economic turmoil has pushed the average landlord's <a href="https://newsarchive.landlordzone.co.uk/news/mortgage-rises-give-company-purchases-more-appeal/">mortgag

Landlord mortgage debt rises as many borrow to ‘keep their operations going’

Landlord mortgage debt rises as many borrow to ‘keep their operations going’

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Months of economic turmoil has pushed the average landlord’s mortgage debt up 19% to £558,423 in the last 12 months.

Uncertainty around Renters Reform Bill prompts landlords to call it a day

Uncertainty around Renters Reform Bill prompts landlords to call it a day

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andlords are feeling gloomy about the future, with those selling up blaming economic pressures, the Renters Reform Bill and upcoming EPC rules

Lib Dem boss: Distrust of red tape prevented Tories going green

Lib Dem boss: Distrust of red tape prevented Tories going green

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Liberal Democrat leader Ed Davey has revealed that the Conservatives dismissed his call for energy efficient regulations in the PRS as “communist”.

HMOs: the evolution of the market and current hotspots

HMOs: the evolution of the market and current hotspots

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HMOs (Houses of Multiple Occupation) first came to prominence in the form of student digs: fairly tatty shared houses, where students could live in groups for a low monthly rent.

INTERVIEW: The landlord leaders hoping to change rental sector for the better

INTERVIEW: The landlord leaders hoping to change rental sector for the better

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A new group - theLandlord Leaders Community has been set up to bring the sector together and provide practical tools for

Rising rents won't stop landlords from feeling the pinch

Rising rents won't stop landlords from feeling the pinch

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Many landlords will find themselves materially worse off by 2026, despite

COMMENT: Will Labour come round to loving landlords?

COMMENT: Will Labour come round to loving landlords?

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With Labour's predilection for bashing landlords (though the current Conservative Government needs no encouragement on that), you would expect a Labour government to double

LATEST: Big council reveals £20m plan to buy rented homes off exiting landlords

LATEST: Big council reveals £20m plan to buy rented homes off exiting landlords

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Newham Council has approved a radical new plan to buy up properties where tenants have been threatened with eviction because their landlord no longer wants to let the property