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Government is afraid EPC upgrades will be final straw for landlords, says big bank

Government is afraid EPC upgrades will be final straw for landlords, says big bank

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A leading lender believes the governments likely decision to row back on EPCs is linked to fears that it will hit an already struggling PRS. Earlier this week, Housing Secretary Michael Gove suggested a delay in bringing in energy efficiency plans for rental properties to

Property firm reports more landlords selling up as 'red tape' burden rises

Property firm reports more landlords selling up as 'red tape' burden rises

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Home buying company the Open Property Group (OPG) has reported a 56% jump in PRS property purchases during the past year, with landlords blaming red tape for their decision to sell up. It bought nearly �6 million worth of property from homeowners and landlords looking for a fas

Payday! Three tenants to share �20,000 after landlord fails to licence property

Payday! Three tenants to share �20,000 after landlord fails to licence property

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Three tenants have won a �20,160 rent repayment order from their landlord who failed to licence his HMO. A First Tier Property Tribunal found that Simon Freed let out the three-bedroom flat in Frognal Court, Camden (main picture), a

Scots Ministers avoid revealing how many landlords are seeking big rent rises

Scots Ministers avoid revealing how many landlords are seeking big rent rises

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The Scottish Government has decided not to publish details of how many landlords north of the border have applied to raise their rent above the 3% maximum allowed under the countrys Cost of Living (Tenant Protection) (Scotland) Act. This controversial legislation was first in

Landlords warned over increase in unauthorised and illegal sub-letting by tenants

Landlords warned over increase in unauthorised and illegal sub-letting by tenants

News

Sub-letting is on the increase within the private rented sector as the cost of living crisis bites, it has been reported. Direct Line says nearly half of all tenants who sublet rooms within their property have not told their landlord or checked they are allowed to within their r

Council's desperate measures to stop landlords evicting tenants revealed

Council's desperate measures to stop landlords evicting tenants revealed

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Brent Council is paying a landlord to house the tenant he was trying to evict after failing to come up with any alternative accommodation. The authority paid the legal fees and took over responsibility for paying the rent as long as the landlord continued to let his tenant stay

BTR makes another leap forward with £1.26 billion invested in just three months

BTR makes another leap forward with £1.26 billion invested in just three months

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T The UKs build-to-rent (BTR) stock now stands at 88,100 completed homes, with a further 53,500 homes under construction and 111,800 in the planning pipeline. Savills research reveals that in the second quarter of the year, the sector saw a record-breaking �1.26

Landlord outcry over 'unfair' major Midlands selective licencing scheme

Landlord outcry over 'unfair' major Midlands selective licencing scheme

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Landlords in Birmingham have slammed the citys new selective licensing scheme which some claim is unfairly targeting ethnic communities. The scheme, which took effect at the beginning of June, affects all landlords in 25 of the citys wards which have more than 20% of rente

'Stop demonising landlords, it's just not helping the situation'

'Stop demonising landlords, it's just not helping the situation'

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Be careful what you wish for� is the point I would put to organisations such as Shelter, Generation Rent and other tenant groups.  In other words, stop demonising landlords - its not helping the situation especially when we have such a severe rental stock crisis.&

No need to evict! We sell buy-to-lets in 28 days to new landlords who want to keep your 'fireproof'� tenants

No need to evict! We sell buy-to-lets in 28 days to new landlords who want to keep your 'fireproof'� tenants

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Theyve been dubbed fireproof tenants� news this week reached fever pitch for landlords who rallied together in outrage to hear that multiple local councils had advised tenants not to move out of their houses� no matter what, even if the landlord was in financial difficulty

NEW: �30 billion cost for landlords to upgrade properties to EPC minimum

NEW: �30 billion cost for landlords to upgrade properties to EPC minimum

News

More than half of all homes in the private rented sector need upgrading to achieve an EPC band C by 2028, with landlords facing a total estimated bill of �30 billion at a time when many are struggling to cover their costs. About 2.9 million properties are affected, with costs f

HOT MARKET: Every property put on market receiving 20 viewing requests

HOT MARKET: Every property put on market receiving 20 viewing requests

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Rental properties in the North West are each attracting an average of 30 viewing requests as competition among prospective tenants grows more intense. Data commissioned by the BBC from Rightmove shows an average of 20 requests to view each available property in Britain, up from

Charities and campaigners slam Government over 'weak' renting reforms

Charities and campaigners slam Government over 'weak' renting reforms

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In a sign that the Renters (Reform) Bill is annoying many and pleasing few, charities and pro-tenant groups have today joined forces to slam the legislation for being too weak. The https://rentersreformcoalition.co.uk/" target="_blank" Renters Ref

BREAKING: Government rows back on 2035 gas boiler ban within rented properties

BREAKING: Government rows back on 2035 gas boiler ban within rented properties

News

The Government has rowed back on its commitment to phase out all gas boilers in rented homes by 2035 following comments by Michael Gove. Talking tohttps://www.thetimes.co.uk/radio/schedule" https://www.thetimes.co.uk/radio/schedule" target="_blank" i

Another big council looks at forcing selective licencing on private landlords

Another big council looks at forcing selective licencing on private landlords

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A big South East counciil hopes to introduce a big selective licencing scheme for private landlords which would cover all PRS homes. Medway, which is a unitary authority covering a large swathe of Kent including Rochester and Gillingham, has seen those renting in the private ren

Official report backs binning leasehold but some owners 'still worried'

Official report backs binning leasehold but some owners 'still worried'

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Ditching leaseholds is 'entirely possible' although some flat owners still arent convinced about moving across to commonhold, a government report has concluded. It explains that while reaching a point at which most existing flats are owned without a third-party landlord or ar

Landlords given five months to join enlarged �800 London licencing scheme

Landlords given five months to join enlarged �800 London licencing scheme

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More than 5,400 homes in Islington now need a licence under Islington Councils new selective licensing scheme.  Landlords in Finsbury Park, Tollington and Hillrise wards are affected, where properties are blighted with poor conditions, according to council enforcement of

Gove consults landlords on looser rules for commercial to residential conversions

Gove consults landlords on looser rules for commercial to residential conversions

News

Landlords are being encouraged to share their thoughts on government plans to make it easier to convert larger department stores, space above shops and offices.  As part of Housing Secretary Michael Goves announcement on https://www.landlo

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LATEST: Landlord to pay tenants �12,000 after judge slams 'bullying' behaviour

LATEST: Landlord to pay tenants �12,000 after judge slams 'bullying' behaviour

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A landlord in East London is to pay two of her former tenants just over �12,000 after a rent repayment order (RRO) tribunal judge said she had at times bullied the pair and verged on threatening behaviour. Judge Shepherd awarded

Can tech solve 'all inclusive' HMO landlords' bill payment nightmares?

Can tech solve 'all inclusive' HMO landlords' bill payment nightmares?

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A challenger utilities provider has claimed that HMO landlords can solve their tenants mounting bill payment challenges by using tech. Glide, which has a fast-spreading network of its own broadband cables around the UK but also offers bundled utility deals to homeowners and t

REVEALED: Cities with largest student populations and best BTL opportunities

REVEALED: Cities with largest student populations and best BTL opportunities

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Leeds has the highest number of student properties in the UK, according to new research. Website money.co.uk analysed the biggest university towns and cities, giving Leeds, which has five universities and one of the biggest student populations, the top spot with 16,225, followed

EXCLUSIVE: Govt says landlords cannot apply direct to �4.5bn cladding fund

EXCLUSIVE: Govt says landlords cannot apply direct to �4.5bn cladding fund

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Leaseholders can now check their eligibility for a share of the �4.5 billion Building Safety Fund, which has reopened to take new applications.� � Those living in buildings over 18m with cladding issues can apply for a share of the fund. However, the DLUHC tel

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

NEW: Landlords feeling economic heat, new mortgage arrears data shows

NEW: Landlords feeling economic heat, new mortgage arrears data shows

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If the Government needs evidence that landlords are struggling in the current economic climate, then the most recent mortgage arrears and repossessions figures should be sober

Are Policy Makers Pushing Landlords Under The Proverbial Bus To Win More Votes?

Are Policy Makers Pushing Landlords Under The Proverbial Bus To Win More Votes?

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It's hard not to come to the conclusion after reading the most popular articles, discussions and comments in multiple landlord news portals that landlords are being

Developers’ greed resulted in them “cooking their own goose”

Developers’ greed resulted in them “cooking their own goose”

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For many years some housing developers in the UK were involved in a leasehold housing scam; they found a very lucrative second income stream, but this was all at the expense o

Serious shortage in student accommodation provides real opportunity for landlords

Serious shortage in student accommodation provides real opportunity for landlords

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While there has been a shortage of all types of rental accommodation across the UK for several years now, the student market has been hit particularly hard.There is currently a shortfall of over 200,000 beds, which is expected to grow to around 450,000by 2025. This is thanks to rising student number

Landlords exiting PRS drives 35% rise in Section 21 'no fault' evictions

Landlords exiting PRS drives 35% rise in Section 21 'no fault' evictions

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Shelter has urged the government to make scrapping Section 21 a priority after new Ministry of Justice data showed a 41% rise in the number of households removed from the

Landlords urged to give views on major changes to Scottish EPCs

Landlords urged to give views on major changes to Scottish EPCs

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Landlords are being urged to give their views on an overhaul of EPCs (Energy Performance Certificates) in Scotland including making both residential and commercial landlords a

LATEST: Demand for rental property remains strong as property sales nosedive

LATEST: Demand for rental property remains strong as property sales nosedive

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The latest RICS housing report has revealed a sharp downturn in property sales but in contrast a rental market bolstered by continuing �strong demand', landlords will be r

FREE webinar: Will it become more difficult to evict tenants next year?

FREE webinar: Will it become more difficult to evict tenants next year?

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Many landlords will not have clocked the huge changes coming down the line within the Government's Renters (Reform) Bill due to become law next year - but h

Tenants to get £15,000 after landlord found guilty of "cynical disregard" for rules

Tenants to get £15,000 after landlord found guilty of "cynical disregard" for rules

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Two rogue landlord firms which granted a tenancy in �cynical disregard� of licensing rules, then failed to properly repair ongoing faults, have been handed a hefty fine.</

REPORT: London rental stock shrinks by 41% as landlords quit sector

REPORT: London rental stock shrinks by 41% as landlords quit sector

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London's rental market is contracting dramatically as landlords exist the market, a new joint report by estate agency Savills and the London School of Economics has highligh

Landlord wins praise for offering 'only locals' affordable property in town

Landlord wins praise for offering 'only locals' affordable property in town

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A landlord in the Kent seaside town of Whitstable has won plaudits after deciding to rent her rental property to local people, it has been reported.

NRLA slams Ministers over 'gimmicky' £10,000 fines for Right to Rent breaches

NRLA slams Ministers over 'gimmicky' £10,000 fines for Right to Rent breaches

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Both landlords and letting agents have slammed the Government's proposal to hugely increase fines for property managers who breach existing Right to Rent check laws.

Tech firm that helps landlords sell rented homes to sitting tenants secures first funding

Tech firm that helps landlords sell rented homes to sitting tenants secures first funding

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A free service that helps landlords manage their portfolios more profitably but also sell individual properties to sitting tenants through an innovative funding model has secu

Northern council prepares planning crackdown against HMO conversions

Northern council prepares planning crackdown against HMO conversions

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Bolton council has revealed its intention to begin a coordinated campaign to rein-in the creation of more HMOs within its boundary including via planning and parking rules and

COMMENT: Government has got itself in a muddle over the rental market

COMMENT: Government has got itself in a muddle over the rental market

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Bidding wars, tenant CVs, queues outside properties � these phenomena have become common in the rental market across Britain.� So runs the editorial in this week's Su

BREAKING: Fines for Right to Rent breaches to rise from £80 to £5,000 per tenant

BREAKING: Fines for Right to Rent breaches to rise from £80 to £5,000 per tenant

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The Home Office has revealed plans to hugely increase the level of fines that landlords can face if they are found to have not checked tenants properly to see if they have the

Landlord fined £36,000 by court after fire reveals his property wasn't licenced

Landlord fined £36,000 by court after fire reveals his property wasn't licenced

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A landlord in the North West has been handed a �36,000 fine after a fire at his property revealed it had not been licenced.

Warwick to charge landlords £1,116 as it doubles size of HMO licencing

Warwick to charge landlords £1,116 as it doubles size of HMO licencing

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Warwick is the latest local authority planning to more than double the size of its HMO licencing scheme, starting in January 2024. This follows a public consultation earlier t

Government tax 'windfall' revealed as more landlords sell their properties

Government tax 'windfall' revealed as more landlords sell their properties

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Official figures out today revealing a huge increase in capital gains tax paid on residential property sales can be explained by more landlords than usual selling rental homes

'Base rate rise will put landlords and tenants under even more financial strain'

'Base rate rise will put landlords and tenants under even more financial strain'

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Landlords have warned the Bank of England that its decision to raise the base rate by a quarter of a percent to 5.25% will only put more pressure on to renters and buy-to-let

ANALYSIS: Short term lets under threat...

ANALYSIS: Short term lets under threat...

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The rental market in the UK has undergone something of a revolution in recent years, with a significant shift away from permanent or long-term renting towards Airbnb style hol

Unusual legal win by landlord shows appealing council fines can be worth it

Unusual legal win by landlord shows appealing council fines can be worth it

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Landlords operating good-quality and well managed rented properties and who are of good character should fight unfair council fines for failing to licence properties, an unusu

Landlord company registrations rise as many seek to avoid higher tax bills

Landlord company registrations rise as many seek to avoid higher tax bills

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Higher taxes and the pandemic have significantly increased the number of landlords starting up limited companies rather than owning and operating properties personally, new re

Market rents hit £1,367 as void periods plunge

Market rents hit £1,367 as void periods plunge

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Market rents hit historic high of £1,367 PCM as void periods plunge—explore the market shift and what it means for landlords.

Is it fair that councils can fine landlords even though they too break the law?

Is it fair that councils can fine landlords even though they too break the law?

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There is a burning issue within the rented homes market that is grossly unfair on private landlords and that is never discussed by politicians or the trade associations that o