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Barnet renews borough-wide HMO licensing despite weak performance of old scheme

Barnet renews borough-wide HMO licensing despite weak performance of old scheme

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Barnet Council is reintroducing borough-wide HMO licensing in a bid to improve property standards despite less than impressive figures in its previous additional licensing scheme. According to one of the respondents in the consultation report, only 32% of licensable properties h

A recovering commercial property market is beginning to stall...

A recovering commercial property market is beginning to stall...

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A recent RICS survey finds that interest rate hikes and cost of living pressures are beginning to weigh on sentiment. Credit conditions have deteriorated to such an extent that 43% of respondents to the RICS survey felt we're in early downturn.� Investor sentiment is steady, but the ma

NEW: HMRC confirms CGT property disposal rules for landlords after six-month wait

NEW: HMRC confirms CGT property disposal rules for landlords after six-month wait

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HMRC has confirmed that landlords must file a capital gains tax (CGT) property return - even if the disposal has already been reported on a self-assessment (SA) return. The government introduced the requirement to report disposals of UK residential property and pay the subsequen

Give tenants 'right to buy' their rented homes, says poverty organisation

Give tenants 'right to buy' their rented homes, says poverty organisation

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A leading poverty organisation has called for a radical overhaul of the private rented sector including a government-backed right to buy scheme for private renters. The Joseph Rowntree Foundation (JRF), which was founded by a Quaker philanthropist and sweets manufacturer i

LATEST: UK's first rent-to-own property scheme launches, backed by Nationwide

LATEST: UK's first rent-to-own property scheme launches, backed by Nationwide

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Kettel Homes has launched the UKs first open market rent-to-own programme for first-time buyers who cant access traditional home financing. Under the scheme, Kettel buys existing freehold single-family homes between �125,000 and �400,000 outside London, charging first-ti

'Government's plans to ban Section 21 evictions will lengthen evictions' - claim

'Government's plans to ban Section 21 evictions will lengthen evictions' - claim

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Landlords seeking to evict tenants face more delays when Section 21 notices are abolished, warns the boss of an insurance and referencing firm. Clogged courts and a shortage of judges and county-court bailiffs mean that cases are taking months to be heard, it is claimed. <p i

Rogue landlady faces jail over long-running campaign of violence against tenants

Rogue landlady faces jail over long-running campaign of violence against tenants

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A rogue landlady has been convicted of illegally evicting tenants during a decade-long campaign of violence, theft and vandalism. Sohila Tamiz , of Flint Lane, Lenham, even helped organise a gang of 10 to douse one man in petrol and smash his teeth, the tri

'Don't panic' as BTL mortgage rates rise, urges financial expert

'Don't panic' as BTL mortgage rates rise, urges financial expert

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A mortgage expert has urged landlords not to panic as buy-to-let mortgage rates continue to rise. <figure id="" class="w-richtext-figure-type- " data-rt-type="" data-rt-align=""><div><img src="https://cdn.prod.website-files.com/63bef2f3c329eff8e3a4af45/64cb992aa1ba8a68d7aa0638_dan-lee.jpeg"

City-backed firm to spend �1bn buying thousands of PRS properties with low EPCs

City-backed firm to spend �1bn buying thousands of PRS properties with low EPCs

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A proptech firm is to spend �1 billion buying up 3,000 private rented properties with low EPC ratings around the UK, which it plans to retrofit and rent out on behalf of its backers. With many individual landlords threatening to quit the sector - faced with licensing schemes an

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Raising EPC upgrade cost cap for landlords 'inappropriate'

Raising EPC upgrade cost cap for landlords 'inappropriate'

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Estate agents have urged the government to reduce its proposed £15,000 cost cap for landlords to make EPC upgrades to £5,000.

Industry boss slams Labour's EPC reform plans

Industry boss slams Labour's EPC reform plans

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A retrofit firm boss has warned that ill thought-out EPC reforms risk misclassifying millions of homes, misdirecting public funds and delaying action on cold, inefficient homes.

Big Midlands town gives green light to selective licensing

Big Midlands town gives green light to selective licensing

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Mansfield is the latest major district council to give the green light to selective licensing within its borders following a consultation last year.

Build more homes? Britain can't afford it, Rachel tells Angela

Build more homes? Britain can't afford it, Rachel tells Angela

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Labouir's promise to build more homes including those for renters is in jeapordy as Rayner and the Chancellor battle it out over money.

'More private landlords will quit and we'll replace them' - says big corporate

'More private landlords will quit and we'll replace them' - says big corporate

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The UK’s biggest private corporate landlord has predicted that rental housing shortages will worsen in the coming years – while it takes the place of smaller landlords.

Westminster green-lights huge selective licensing scheme for landlords

Westminster green-lights huge selective licensing scheme for landlords

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Westminster City Council has given the go-ahead to a huge new selective licensing scheme covering 15 of the London borough’s 18 wards.

EXPERTS: Inflation rise to delay interest rate cut until August

EXPERTS: Inflation rise to delay interest rate cut until August

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Landlords could face higher mortgage rates for longer after inflation jumped by more than expected last month to 3.5%.

OFFICIAL: 24% of landlords looking to sell up this year

OFFICIAL: 24% of landlords looking to sell up this year

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A data gathering exercise by the Government has highlighted new and sometimes surprising facts about the UK’s landlords and their properties, including why a quarter are plannig to sell of properties over the next 12 months.

Making commonhold default tenure will have 'unintended consquences'

Making commonhold default tenure will have 'unintended consquences'

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A leading leasehold expert has warned that commonhold reforms will hit property values and shift costs onto individual flat owners including those belonging to private landlords.

Landlord couple fined thousands after ignoring property repair notices

Landlord couple fined thousands after ignoring property repair notices

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A landlord couple have paid a heavy price for ignoring their tenant's request to fix a boiler after being fined �3,500. David and Emily Griffiths, of Tickhill Road, Harworth (pictured), Nottinghamshire left the tenant with no hot water or heating for three weeks. D

How eviction changes in Renters’ Rights Bill affect landlords

How eviction changes in Renters’ Rights Bill affect landlords

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Landlord Action's Paul Sowerbutts discusses the impact of abolishing Section 21 and upcoming eviction reforms on landlords and tenants.

Likely cost of EPC upgrades for rental properties revealed by Government

Likely cost of EPC upgrades for rental properties revealed by Government

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Energy efficiency improvement costs for most private rental homes work out at between �5,000 and �9,999 (46%), while almost a third (30%) could be improved for under �5,000, according to the latest government analysis. At the other end of the scale, 19% of homes would cost be

Higher mortgage rates driving more landlords to request rent guarantors

Higher mortgage rates driving more landlords to request rent guarantors

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Landlords hit by mortgage rate hikes are demanding guarantors from increasing numbers of high earning tenants. Many tenants are seeing a greater proportion of their take-home pay go towards rent so are having to provide the additional security of a guarantor when signing new agr

Influential Labour group says tougher eviction rules needed to tackle poverty

Influential Labour group says tougher eviction rules needed to tackle poverty

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Landlords should be prevented from serving an&nbsp;eviction notice for at least the first year of a tenancy, in the case of repossession for selling or occupying the property, according to a new report from the Fabian Society. The independent left-leaning

Rents soar as agents report rising tenant demand but landlord slump

Rents soar as agents report rising tenant demand but landlord slump

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The Governments housing policies are coming home to roost as tenant demand continues to soar but the number of landlords advertising new properties to rent plummets, it has been revealed. RICS says that during June it found significantly more members (a net balance increase o

NEW: Big London borough brings in tighter HMO conversion rules for landlords

NEW: Big London borough brings in tighter HMO conversion rules for landlords

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Landlords in one of London's biggest boroughs now need planning permission to convert family homes into HMOs for three to six tenants. After a year-long pilot and consultation with residents, the London Borough of Hounslow (main picture) has made its borough-wide A

Mortgage woes spark surge in landlords selling portfolios

Mortgage woes spark surge in landlords selling portfolios

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Landlords with portfolios of 20 properties or more are making up the bulk of enquiries about selling to the Landlord Sales Agency. Despite reports that smaller landlords with one or two properties will be hardest hit by current market conditions, the firm has one landlord client

Housing chief tries to reassure landlords over looming eviction changes

Housing chief tries to reassure landlords over looming eviction changes

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Government officials have reassured private landlords that judges will be able to consider a wider range of behaviours before using their judicial discretion in ASB eviction cases. Giving evidence to the Levelling Up Housing and Communities Committee into

Landlords face losses amid soaring mortgage rates

Landlords face losses amid soaring mortgage rates

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Almost 250,000 BTL landlords face refinancing losses as borrowing rates near 7%, says Daily Telegraph.

Renting reform bill progress unlikely until much later this year, admits minister

Renting reform bill progress unlikely until much later this year, admits minister

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The Governments Renters Reform Bill is unlikely to make progress through parliament until much later this year, housing minister Rachel Maclean has admitted. Maclean was unable to confirm when the bill would get a second reading during a Q&amp;A with MPs from the Levelling Up

Labour WARNED over claim that 'most renters live in homes owned via mortgages'

Labour WARNED over claim that 'most renters live in homes owned via mortgages'

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A team of independent fact checkers and campaigners has debunked Labours claims that most renters live in homes bought with a buy-to-let mortgage. Deputy leader Angela Rayner made the assertion last week, but charity Full Fact says the claim is technically incorrect, as it ho

Horrendous overcrowding at dilapidated HMO leads to £17,000 fine for landlord

Horrendous overcrowding at dilapidated HMO leads to £17,000 fine for landlord

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A letting agency-owning landlord has been fined more than £17,000 for renting out one small room in an HMO to a family of five. Ruhul Shamsuddin and his company Lordsons Estates were found guilty of 23 housing offences relating to a

Bank of England warns landlords face 'impossible position' as rates rise

Bank of England warns landlords face 'impossible position' as rates rise

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The Bank of England has warned that landlords with mortgages are under increasing strain from higher interest payments and other structural factors, all of which are likely to put pressure on their incomes�. The commentary is within the banks latest https:

Landlord mortgage arrears outstrip home owners' as costs squeeze profitability

Landlord mortgage arrears outstrip home owners' as costs squeeze profitability

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Landlords arrears are growing at a faster rate than homeowners, according to new research that suggests fewer investors are being shielded from economic headwinds. https://www.octanecapital.co.uk/" Octane Capital found that buy-to-let arrears of more tha

Kerching! Five tenants pocket �29,000 after landlord fails to licence HMO

Kerching! Five tenants pocket �29,000 after landlord fails to licence HMO

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Five tenants have shared a whopping �29,000 Rent Repayment Order after their landlord failed to licence its HMO. East London-based https://www.facebook.com/weletroomsuk/" We Let Rooms Ltd did not defend itself at a First Tier Property T

Demand for student housing soars as landlords exit sector

Demand for student housing soars as landlords exit sector

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Corporate student housing giant expands as private HMO landlords exit, amid growing demand for purpose-built student accommodation (PBSA).

Beadle slams claim that landlords will 'game new eviction rules'

Beadle slams claim that landlords will 'game new eviction rules'

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Landlord leader Ben Beadle has given Shelter a run for its money during a parliamentary committee evidence session on the Renters (Reform) Bill. Beadle, who is chief executive of the National Residential Landlords Association, wondered out loud during the meeting whether campaig

ANALYSIS: How it's a taxing time for landlords...

ANALYSIS: How it's a taxing time for landlords...

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Changes in tax rules for buy-to-let landlords have definitely made the business of letting property more challenging, particularly with those who have taken on big mortgages to buy their rental properties. The removal of mortgage interest relief (Section 24 of the Finance Act) a

'This is why landlords must approach guaranteed rent schemes with caution'

'This is why landlords must approach guaranteed rent schemes with caution'

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An Essex landlord has learned the hard way that unpicking rent-to-rent or guaranteed rent agreements can be a lot more difficult than many might believe. In a case handled by the Resolution Department Lead Suzy Hershman (main picture) and her team at

Agency boss to pay £8,000 after terrifying tenant tactics

Agency boss to pay £8,000 after terrifying tenant tactics

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London letting agent fined £8,000 for misleading tenants and using intimidation tactics; company dissolved.

Landlords write open letter calling out Government's 'attack on property sector'

Landlords write open letter calling out Government's 'attack on property sector'

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Jerseys private landlords have urged lawmakers to rethink radical plans to shake up the sector which they fear will exacerbate the housing crisis. The Jersey Landlords Association (https://www.jla.je/" JLA ) has

'Give tenants some of your equity gains when you sell' says Big Issue founder

'Give tenants some of your equity gains when you sell' says Big Issue founder

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Landlords should give renters some of their equity gains when they sell up to stop the giant tenant rip-off, according to https://www.bigissue.com/ The Big Issue boss John Bird (main picture). Bird b

Agents say rent cap has 'forced more landlords to quit and pushed up rents'

Agents say rent cap has 'forced more landlords to quit and pushed up rents'

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One hundred percent of letting agencies in Scotland say they have seen more landlords exiting the market since the countrys government brought in and then recently-extended a rent rise cap and evictions ban. Agents canvassed by trade organisation Propertymark also reported an

'Landlords to be exempted from council tax premium on empty homes'

'Landlords to be exempted from council tax premium on empty homes'

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A consultation has opened into proposals not to charge landlords who are preparing a property to let or waiting to find a tenant the empty homes a council tax premium. The government wants to strengthen the existing long-term empty homes premium by applying this to properties th