First-time renters accounted for just 4.6% of new tenancies during the first five months of the year, as more would-be tenants rely on the hotel of Mum and Dad. With average monthly rents topping �1,000, young adults can save �12,290 by living rent-free with their parents each
A large County Court in London has written to its legal clients to warn them that some of their scheduled evictions face being cancelled or rescheduled. The announcement has been made by the Civil and Family Court in Barnet (main picture), one of the major hubs handling eviction
A landlord in Dartford has batted off a huge rent repayment order (RRO) claim made by her tenants after a judge dismissed the case during a virtual Property Tribunal hearing. Manjit Sanghera, who co-manages the family detached property on the outskirts of the Kentish town with h
Campaigning group the London Renters Union is targeting landlords in London by urging councils to come down much harder on failing properties. It has launched an action plan in Brent, detailing how the local authority should hold landlords accountable for more than 10,000 privat
Buy-to-let landlords will influence https://www.landlordzone.co.uk/sponsored/what-do-the-falling-house-prices-mean-for-landlords/" house prices if a large number choose to sell up, according to rating agency Moodys. The firm is predicting that prices will f
The average annual https://www.landlordzone.co.uk/news/battle-over-holiday-lets-hots-up-as-campaigning-mp-holds-meeting/" holiday let income exceeded buy-to-let income for the first time in 2020-21, reaching �15,600 compared with �13,400, according to HMRC.
Short-term let landlords in https://www.landlordzone.co.uk/news/edinburgh-chief-admits-burdensome-licencing-plan-will-hugely-reduce-holiday-lets/" Edinburgh have won their legal case against the councils licensing scheme. In the biggest crowdfunded case in
Almost two-thirds of surveyors have witnessed rising numbers of buy-to-let landlords looking to sell their properties. The https://www.rics.org/" Royal Institute of Chartered Surveyors (RICS) reports that a similar number have seen a drop in the level of inter
A new Parliamentary petition has been set up urging the government to ditch plans to remove assured shorthold tenancies. The LandlordZONE reader, who has a portfolio of properties in Yorkshire and Lancashire, was prompted to take action as he fears it could be the final nail in
Confusion surrounds the governments plans to introduce https://www.landlordzone.co.uk/news/blog-will-the-looming-pets-in-lets-rules-prove-pervasive/" pets in lets measures, with conflicting messages coming from the DLUHC. It has confirmed that the new
With increasing costs, inflation hovering around the 10 per cent mark and mortgage rates approaching 6 per cent theres lots of talk about increasing rents. Many landlords are unable to absorb these extra costs without going into losses, so for them theres little choice, th
This year our economy, regulations and taxes were the final straw that led landlords rushing to sell off their portfolios to beat the market drops, mortgage versus rent gaps a
May has brought more bad news for some landlords with the Nationwide Building Society reporting a 3.4% drop in house prices in the year to May 23 and interest rates that are expected to rise to 5.5.% later this year.
Estate agents have called for landlords who advertise sex for rent to be banned from the PRS for life. In its response to the governments https://www.gov.uk/government/consultations/exchange-of-sexual-relations-for-accommodation-sex-for-rent#:~:text=The%20consultatio
Redbridge Council in North London has given the go-ahead for a new borough-wide additional HMO licensing scheme. The scheme extends licensing to all HMOs with three or more tenants forming two or more households after the authoritys consultation disco
The Halifax revealed today that house prices have fallen on an annual basis for the first time since December 2012, by 1%. This means the average house value has declined by �132 which may not sound a lot but represents a seismic change after years of ultra-low interest rates p
Property educators are being urged to collaborate, learn, and shape the future of property education at The Property Investors Bureau Property Educators Summit. The invitation-only industry event aims to improve standards, foster collaboration, and add value to their business by
Following our storyhttps://www.landlordzone.co.uk/news/breaking-evictions-grind-to-a-halt-as-bailiffs-reduce-workload-over-health-and-safety/" https://www.landlordzone.co.uk/news/breaking-evictions-grind-to-a-halt-as-bailiffs-reduce-workload-over-health-and-safe
Houses with off-road parking space will not only command a higher sale price, the rental value will also be boosted as more people buy electric cars. Surge in EV sales The electric vehicle (EV) market is booming, which will inevitably have its impact on property pric
Landlord leaders criticise Renters Reform White Paper, highlighting flaws and concerns over proposed legislation and its impact on the sector.
HMRC has named and shamed 26 property tax dodgers who collectively tried to avoid paying more than �6.7 million. The deliberate tax defrauders earned income from either rental property, property developing or property tax advising, and have all been investigated and fined for e
Government's full renting‑reform White Paper unveiled—bold, controversial changes to landlord rules await Spring's legislation.
Key details of the Governments radical renting reform White Paper have been released this morning by Michael Gove, full details of which are due to be published when his housing minister Eddie Hughes addresses parliament later this morning. In a statement embargoed for midnig
Under the Renters' Rights Bill, tenants can request to keep pets, with landlords required to respond within 28 days and may require pet insurance.
The Government wants to make it a 'duty' for landlords to respond to requests from disabled tenants to make communal spaces outside their homes more accessible. A consultation on the proposals has been launched by equalities minister Kemi Badenoch (main pi
It may have gone unnoticed by many landlords that Boris Johnson made one of the most extraordinary attacks on the sector in living memory last week. And it is fair to say, one of the most unfair. Most landlords have become accustomed to the government's frosty rhetoric over the
The government has finally updated the guidance it provides to property assessors on how to calculate EPCs for new homes and, in six months time, for existing homes too. This is the first time the methodologies of calculation have been updated for almost ten years for t
Renters looking to live in the capital can sign up for a new alternative renting concept that blurs the lines between traditional hotels, serviced apartments and private
Read the UK property market recap with expert forecasts for 2023 and 2024, from price trends to investor insights.
Northern Ireland officials have refused to get tougher on HMO landlords despite pleas from Belfast councillors that parts of the city are becoming over-run and affected by ant
In an almost unanimous decision, landlords are throwing in the towel, opting to take the cash and sell their property portfolios. It seems that the gravy train for buy-to-lets
Growing numbers of tenants are turning to deposit alternative products as inflation, high rents and interest rate rises make it more attractive to hold on to their money to sp
A shocked landlord has revealed on social media that their letting agency illegally deducted its �tenant finding' fee from the tenancy deposits of the renters involved.</p
The boss of a build-to-rent (BTR) property search website has insisted the sector is not out to only attract more affluent tenants, despite criticism in the past that it does.
The Ministry of Justice launches a tool to help tenants address repair issues with landlords, guiding them through legal options and support services.
A landlord who's being threatened with a massive rent repayment order has told of his frustration at a court system that is unfairly weighted towards tenants.
A well-known property firm has made the unusual move of criticising the Government for not letting landlords know how they will afford and implement the proposed tightending o
Scores of HMO landlords in Portsmouth have threatened to sell up or convert their properties to family lets once a new additional scheme launches next month.
Evictions expert Paul Shamplina says UK court delays for landlords are the worst ever he’s seen during his legal career within the private rented sector.
The full impact of Tory policies and rising mortgage interest rates have been highlighted by new research commissioned by the National Residential Landlords Association (NRLA)
Specialist buy-to-let broker Mortgages For Business (MFB) has urged landlords approaching re-mortgage to secure a new rate as early as possible following the latest update on
Evictions expert Paul Shamplina says UK court delays for landlords are the worst ever he's seen during his career within the private rented sector.
Landlords have effectively lost more than �4,000 in earnings per property during the last year thanks to soaring mortgage rates and rising costs.
Landlords in the capital's prime rental sector are facing a stark choice between topping up a rent shortfall or selling up.
UK's oil boiler ban for off-grid homes delayed to 2035; landlords face retrofit challenges with heat pumps in rural properties.
New data analysis confirms a rise in buy-to-let landlords selling properties during the past two years and the potential for more properties to leave the sector.
Nearly 60% of landlords are either against or not convinced by the Government's plans to bring in mandatory membership of an ombudsman for all landlords in England, it has b
A mortgage expert has advised landlords not to be put off by high arrangement fees on BTL mortgages, but some landlords and brokers have accussed lenders of profiteering.
The number of selective and HMO additional licensing schemes launched this year has already equalled last year's total as councils come under pressure to tackle private rent
A town council in the SW has declared a �housing crisis' blaming affluent new arrival renters but also 'landlords pulling out of the market' for rapidly-rising rents.
