The latest figures available from Rightmove show that London rents jumped by around 14 per cent in the last year, with some property experts calling it the most competitive market on record Matt Hutchinson, a director at SpareRoom, the flat sharing website, has said: <p
The pandemic has had a devastating impact on commercial property, with lockdowns, social distancing, working from home (WFH), all accelerating the move to online and home deliveries. The likes of Tesco, Ocado and the other big supermarket deliveries were the saviour of the public during the
Welsh politicians have reaffirmed their desire to consider rent controls in the PRS while announcing plans to crack down on the holiday let sector. Plaid Cymru leader Adam Price (main pic, right) suggested rent controls could be on the table when the long-awaited but now <a href
Michael Gove, arguable the best housing secretary for some years, has been sacked from his job after joining a chorus of Tory cabinet ministers calling on the PM to resign. During a fast-moving day in politics which has seen over 40 MPs quit the government or withdraw their supp
Welsh government leaders have revealed radical plans to licence holiday lets in a bid to get tough on the causes of long-term rental shortages. The region is to introduce a cap on the number of second and holiday homes while bringing in measures to put more homes into common own
HMO landlords face paying thousands of pounds for https://www.landlordzone.co.uk/news/safety-peer-asks-why-private-landlords-must-do-electrical-checks-when-social-ones-are-exempt/" electrical equipment when new regulations kick in later this year. An amendment
Manchester aims to double the size of its selective licensing scheme by adding another 1,884 properties in eight areas. The council has given it the go-ahead to the https://www.landlordzone.co.uk/news/manchester-mayor-vows-to-launch-1-5m-landlord-licensing-across-city/"
Owners of second homes in many coastal and holiday locations could face a ban on renting using lettings websites like Airbnb. Tourist hotspots such as coastal towns in Cornwall and Devon are particularly affected. Communities being eroded In many of these towns, loca
Brighton and Hove has its sights set on being the first city to slap a ban on second homes and holiday lets. The Green-controlled council is looking to clamp down on landlords profiting from the staycation boom amid fears that the rapid growth has impacted on the availability of
Prepare for the Leasehold Reform Act on 30 June: what landlords need to know about new ground rent rules and leasehold fairness.
The long-awaited Government White Paper, https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/1083378/A_fairer_private_rented_sector_web_accessible.pdf" target="_blank" A Fairer Private Rented Sector ,
According to recent research buy property agents Hamptons International, for the last 11 months its been cheaper to buy a home with a 10% deposit than rent. This is because to rental growth was tearing away before and mortgage rates were near their record lows. In May this ye
Abolishing fixed-term tenancies risks ruining the student rental market, warns leading provider of major housing contraction.
Thousands of landlords have vowed to switch to short-term lets when Section 21 notices are abolished, a new survey has found. Assist Inventories study of 10,000 landlords and letting agents revealed that 45% plan to move away from long-term tenancies while 41% said they might
The new Building Regulations and accompanying technical upgrade to the SAP assessment methodology ask for a completely different way of measuring the energy performance of many buildings, giving a market boost to those properties with higher EPC ratings. Effective from last week
A landlord too terrified to reveal her name has warned others to conduct more regular property checks after she unwittingly rented her house to a drug-dealing gang for years. The North London-based landlord has had the same tenants since 2005 but only discovered their illegal ac
New research reveals how adult tenants cause as much damage as pets in rental properties and that for smaller landlords, animal damage costs less to repair. The survey of 537 landlords and lettings agents found 85% have experienced both kinds of damage while only 29% of landlord
A landlord has given evidence in the Sebastian Kalinowski murder trial, who died at his home in Huddersfield. Prosecutors allege his mother Agnieszka Kalinowska, 35, and her partner Andrzej Latoszewski, 36, subjected him to a campaign of abuse before his death in August 2021.</p
The Government is to finally introduce its long-delayed renting reforms into parliament later today following Prime Ministers Questions (PMQs) in the Commons. The Bill, which is to be called the Renters (Reform) Bill, will get its first reading just aft
A tenancy deposit affordacility crisis is looming as new data reveals that nearly a third of renters are borrowing money to pay for them, new research shows. The poll of 1,000 tenants reveals how they are using credit cards, personal loans, overdrafts and family loans to scrape
Proptech company Propflo is working with BTL mortgage lenders to help portfolio landlords make their properties more energy efficient. It has been given a grant by Innovate UK to encourage lenders to explore initiatives such as encouraging retrofitting in their products, creatin
The government has vowed to crack down on dodgy rent-to-rent landlords who flout housing laws. Housing Minister Baroness Scott of Bybrook (pictured) says it is aware of concerns that some rent-to-rent arrangements have sometimes been used to make it more difficult to identify la
Rents on newly-let homes have increased by 25% across the UK since the start of Covid, costing the average tenant an extra �2,962 each year. Hamptons reports that rents rose 11% year-on-year, with April marking the second strongest month for rental growth on record. <p
Construction activity is continuing to grow in the UK. Thats according to the April S&P Global / CIPS UK Construction Purchasing Managers Index� (PMI), as reported by PCBToday, a Construction, Planning and Building Control portal. Construction companies in the UK the
Leading property sector figure Kate Faulkner (pictured) has called for a reset of the private rented sector, away from ineffective rules and regulations. <figure id="" class="w-richtext-figure-type- " data-rt-type="" data-rt-align=""><div><img src="https://cdn.prod.website-files.com/63bef2f
The number of landlords planning to sell their rented properties has reached its highest level ever, according to new research. BVA-BDRC, commissioned by the NRLA, found that during the first three months of this year a third of 700 private landlords in England and Wales that it
One of the UKs big property portals has launched an initiative to enable renters to become rent ready as they hunt for homes. OnTheMarket.com, which is a competitor with Rightmove and Zoopla, has now fully integrated Canopys RentPassport service into its platform.</p
Strange proceedings have been reported at Bristol Magistrates Court after a landlord was fined �44,000 over serious fire safety issues at an HMO he operates. Joe Sutera attended the court hearing but refused to identify himself saying he was a man and that Joe Sutera h
A rogue landlord has been handed a hefty fine for renting out a dangerous and mouldy property his second in two years. Hazmar Fauz, of The Avenue in Welwyn, admitted several serious defects at the house in London Road, Luton, when he appeared before magistrates and was fined
Letting agents urge govt to annually increase Local Housing Allowance to at least the 30th percentile, helping benefits tenants afford rising rents.
Rising rents and frozen Local Housing Allowance (LHA) rates mean that more and more tenants on low incomes cant find an affordable place to live. Whats more, for those lucky enough to find a rental that they can afford, invariably they will cost more to run.
The Renters Reform Bill wont lead to a mass landlord exodus as an army of youngsters are already starting to take older investors place. The https://www.thepropertysourcingcompany.co.uk/" Property Sourcing Companys poll of its 3
The Heat Pump Association (HPA) wants the government to firm up a date for phasing out traditional gas boilers as UK heat pump installations continue to trail the rest of Europe. The governmentshttps://www.gov.uk/government/publications/heat-and-buildings-strategy" i
Universal Credit expert Bill Irvine says the DWP is using the benefits cap as a reason to halt Alternative Payment Arrangements (APA) which goes against previous advice from the departments boss. In a letter to Irvine, at https://universalcreditadvice.com/our-service
A landlord in Mansfield has been ordered to pay a �17,000 penalty after renting out a sub-standard and unlicensed HMO. The landlord, who was investigated by Mansfield District Council officers after a complaint about alleged overcrowding, was found not to
Landlords and student groups have teamed up to tidy Leedss streets during student changeover week. The city hosts about 37,000 students, the vast majority of whom will move house each year at the same time, leaving behind large amounts of rubbish, overflowing bins, furniture
A twenty-something entrepreneurial pair aim to shake up the HMO sector by building on their upmarket guaranteed rent model. Liverpool-based Cosi Living founders Joe Duggan , 24 and Olivia Maher , 25, (main picture) only rented their fi
Omitting BTL landlords from the governments mortgage charter will only hurt supply and push up rents as landlords are forced to pass on their costs, says Labour. The new agreementhttps://www.youtube.com/watch?v=B_76Y3b2cjM" https://www.youtube.com
A tenant who failed to convince a judge that his landlord did not give him statutory tenancy deposit information is taking his case to the High Court. Merryck Lowes application relating to a claim for �120,888 against charitable landlord, the Governors of Suttons Hosp
Landlords should pay more tax to balance inequalities within the tax system, according to the Resolution Foundation. The think-tanks new report points out that while the top tax rate for employees stands at 53.4% including employer NICs, only 28% is paid on property gains. </
Are you confident your buildings will meet the coming changes to energy performance rules? Energy Performance Certificate (EPC) legislation has been in statute since 2008. Since then there has been a progression of increasingly stringent regulations to cajole property owners to
Landlords buying properties via personal buy-to-let mortgages are facing greater stress testing of their affordability as economic jitters unsettle lenders, it has been revealed. Financial expert Louisa Sedgwick (main picture) from broker ht
Despite previously saying it would consider rent controls, Labours shadow housing minister Lisa Nandy has now confirmed that the party now opposes them, it has been reported. Speaking at the Chartered Institute of Housings conference today, Nandy told delegates that the po
Illegal evictions and harassment are set to become more expensive for landlords who get caught, as councils will be able to fine them up to �30,000 as an alternative to prosecution under the Renters Reform Bill. Lawyer Sam Kharabanda Groom (main picture) at https://cor
Leading figures from the private rented sector including dozens of landlords gathered last week to raise over �15,000 for a food bank charity. <figure id="" class="w-richtext-figure-type- " data-rt-type="" data-rt-align=""><div><img src="https://cdn.prod.website-files.com/63bef2f3c329eff8e
Councils could struggle to enforce new eviction laws under the Renters Reform Bill, according to the Local Government Association. It has warned that authorities will need more staff and funding because every council in England already has a shortage of environmental health offi
Landlords who rent properties to vets are being encouraged to join a new group so they can discuss problems, exchange information and learn about what it means to be a professional landlord. The Veterinary Landlords Association (VLA) which has yet to es
A petition has been launched calling on the Government to establish a national register of rogue tenants to help landlords and agents spot troublemakers before they move into properties. The petition has been launched by property lawyer Nyree Applegarth (m
Labour MP Chris Bryant has pleaded with the government to rethink its housing policies or face a perfect storm of a housing crisis� in his Rhondda constituency. He told the Commons that the frozen housing benefit cap was now completely out of kilter with reality� for m
It used to be the case that you could let your residential rental property and forget it, leaving your tenants to enjoy the accommodation in peace, without any disturbances. However, these days, with regular changes in the law, risks of none compliance and your insurance require
Rising interest rates are piling the pressure on landlords and leaving some as mortgage prisoners, according to one mortgage expert. With most fixed rates now well over 6%, the interest costs can have tripled since some landlords last mortgage was taken, causing a perfe
More landlords looking for a quick and painless exit from the PRS are considering concessionary mortgages, it has been claimed. These little-known mortgage deals allow a sitting tenant to buy the property at a discounted price, based on a valuation. The seller must b
