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Government admits PRS is in trouble as supply dwindles

Government admits PRS is in trouble as supply dwindles

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Government acknowledges private rental sector shortage, pledges action to boost housing supply amid growing demand and affordability concerns.

Legal: Commercial landlord regains possession against opposition...

Legal: Commercial landlord regains possession against opposition...

News

In the case of B&M Retail Ltd v HSBC Bank Pension Trust (UK) Ltd [2023], The Central London County Court was asked to rule on a claim for possession by the landlord under the rules of the Landlord and Tenant Act 1954. The landlord was seeking possession against the tenant

Crunch time for PRS revealed as increasing numbers of 'pioneer' landlords retire

Crunch time for PRS revealed as increasing numbers of 'pioneer' landlords retire

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Thousands of landlords who entered the private rented sector following the introduction of dedicated buy-to-let mortgages in 1996 are now retiring in increasing numbers, it has been revealed. Research by estate agency Hamptons reveals that some 140,000 landlords retired in 2022,

Landlord mortgage costs rising faster than rent rises, research shows

Landlord mortgage costs rising faster than rent rises, research shows

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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

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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

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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

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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?

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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

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

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National Residential Landlords Association reveals new look and objectives

National Residential Landlords Association reveals new look and objectives

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The UK’s largest landlord association has rebranded and relaunched its website following a wide-ranging member consultation.

Argentinian landlords flock back to the market after rent controls removed

Argentinian landlords flock back to the market after rent controls removed

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If proof were needed this is it, rent controls lead to reduced landlord incomes, rental housing shortages, increased rents and deteriorating housing stock

WARNING: Eviction reforms will make landlords 'choosier' about tenants

WARNING: Eviction reforms will make landlords 'choosier' about tenants

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Landlord Action’s Paul Shamplina has predicted a rise in landlords using rent guarantee insurance as well as tougher referencing to protect themselves against the fall-out of eviction reforms.

Big City in north plans expansion of selective licencing for landlords

Big City in north plans expansion of selective licencing for landlords

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Leeds Council plans to extend selective licensing across more of the city when the current scheme ends next year.

Court eviction delays to get longer warns leading lawyer

Court eviction delays to get longer warns leading lawyer

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A leading evictions lawyer has warned that without massive investment in the court system, time scales for possession hearings will dramatically increase.

REVEALED: Shocking extent of reforms hitting landlords next year

REVEALED: Shocking extent of reforms hitting landlords next year

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The Government has revealed more details about its much-awaited and somewhat feared Renters’ Rights Bill that had its initial reading in parliament earlier this month.

7 tips to minimise your risk of being a victim of cyber-crime

7 tips to minimise your risk of being a victim of cyber-crime

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Estate agency Leaders offers landlords some advice on how to stop being ripped off by fraudsters online.

Government funds 'damp detecting kits' for private tenants

Government funds 'damp detecting kits' for private tenants

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Private tenants in Norfolk are being handed data loggers to record humidity levels in a bid to encourage simple lifestyle changes.

Big midlands town clamps down on HMOs with new restrictions

Big midlands town clamps down on HMOs with new restrictions

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Landlords in Rugby will need permission to convert any home into an HMO next year after the council voted to introduce an Article 4 direction.

Details on higher EPC ratings for PRS a long way off, admits energy minister

Details on higher EPC ratings for PRS a long way off, admits energy minister

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Landlords are to wait many more months to find out the details of Government proposals to raise the minimum Energy Performance Certificate for rented properties. Energy minister Andrew Bowie (main picture) has admitted during a Lords debate that progress h

Lloyds Bank's plans to build 'thousands' of rental homes prove over optimistic

Lloyds Bank's plans to build 'thousands' of rental homes prove over optimistic

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Lloyds has grown its rental portfolio to 1,000 properties and has another 700 in the pipeline as it bids to become one of the UKs biggest landlords, albeit far off its original objectives. The bank has some way to go if the publicly-owned institution is to meet its target of

Landlord pays �40,000 fine after large HMO 'put tenants at risk'

Landlord pays �40,000 fine after large HMO 'put tenants at risk'

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A landlord in Norfolk has payed fines totalling �40,000 after he was found to have housed tenants in a way that put tenants at risk. Issues were reported at the Watton property (pictured) to Breckland Council last year, which prompted an inspection by officers who found a block

Landlord secures huge victory in �18,000 Rent Repayment Order case

Landlord secures huge victory in �18,000 Rent Repayment Order case

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An Upper Tribunal has slashed a landlords Rent Repayment Order by �16,000 after taking pity during an appeal hearing on her precarious financial position�. A First Tier Property Tribunal https://assets.publishing.service.gov.uk/media/6239f607e90e07799cd3de67/LO

BREAKING: Landlords face higher mortgage costs as base rate rises by 0.5%

BREAKING: Landlords face higher mortgage costs as base rate rises by 0.5%

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The Bank of England has this lunchtime raised its base rate by 0.5% as the venerable institution fights to bring down inflation, which yesterday was revealed to be sticking stubbornly at 8.7%, way above the bank's target of 2%. Commentators and mortgage holders alike had hoped t

Welsh minister backs review of existing higher stamp duty rates for landlords

Welsh minister backs review of existing higher stamp duty rates for landlords

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Welsh Minister for Climate Change Julie James has backed the NRLAs call for a review of property taxation in the PRS. Speaking at thehttps://www.landlordzone.co.uk/news/breaking-landlords-tell-housing-minister-face-to-face-that-sector-needs-support/" <strong i

Treasury chief says landlords and homeowners 'will not get mortgage help'

Treasury chief says landlords and homeowners 'will not get mortgage help'

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The Treasury has confirmed that it will not introduce tax relief on mortgage interest payments for either homeowners or landlords despite the ongoing mortgage cost crisis. As we https://www.landlordzone.co.uk/news/mortgages-landlord-tells-bbc-how-payments-have-tripled-o

New report hails growth of institutional build-to-rent

New report hails growth of institutional build-to-rent

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JLL's latest report highlights the rapid growth of institutional Build-to-Rent (BTR) in the UK, with over 82,000 homes completed and rising demand.

BE WARNED: Why keeping records is so important for landlords

BE WARNED: Why keeping records is so important for landlords

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Suzy Hershman (main picture), Resolution Department Lead at HFIS, examines a shocking case her team dealt with recently and highlights what landlords can learn from it . The case</h4>A landlord with a four-bedroom property i

Famous landlord to pay �166,000 legal costs after losing court claim

Famous landlord to pay �166,000 legal costs after losing court claim

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Multi-millionaire landlord Judith Wilson (main picture, inset) has been hit with a �166,000 court bill after losing a legal battle against Tonbridge and Malling Borough Council. Wilson, wife of the controversial Fergus, who was once dubbed Britains

VIDEO: 'Best landlord in UK' gives unusual advice to other investors about profits

VIDEO: 'Best landlord in UK' gives unusual advice to other investors about profits

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Treat tenants like customers and stop thinking about profit if you want to make a success of property investing - thats the advice of lettings and landlord professional Tom Soane, who boasts that its made him the 'best landlord in the UK'. Your property is a product, te

Landlords across UK given more time to find out about licencing launches

Landlords across UK given more time to find out about licencing launches

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Councils have been given three months longer to launch selective licencing schemes, new Government guidance has revealed. An update to the Department of Levelling Up, Housing and Communities advice to local authorities considering or planning a selective licencing scheme has

NEW: Former rental properties now account for 11% of homes for sale

NEW: Former rental properties now account for 11% of homes for sale

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More than 1 in 10 (11%) homes for sale on Zoopla are former rental properties after private landlords faced with tax changes and higher borrowing costs have rationalised their portfolios or quit the market. Before the pandemic, half of these homes for sale returned to th

MORTGAGES: Worried landlord tells BBC how his payments have tripled

MORTGAGES: Worried landlord tells BBC how his payments have tripled

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Paul Bradley, a landlord with a single rental property in North London, has told the BBC how the ongoing mortgage crisis has seen his monthly interest-only loan payments triple over the past 12 months. His case illustrates vividly the significant challenges that the approximatel

Tenant Referencing Failures Surge Amid Cost-of-Living Crisis

Tenant Referencing Failures Surge Amid Cost-of-Living Crisis

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Rising cost of living causes tenant referencing pass rates to drop from 35% to 25%, increasing rental risk for landlords, reports Housing Hand.

Powerless councils could make or break reforms, says Labour MP

Powerless councils could make or break reforms, says Labour MP

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A Labour MP has called on the government to extend notice periods from two to four months to prevent landlords from unjustly evicting tenants. <figure id="" class="w-richtext-figure-type- " data-rt-type="" data-rt-align=""><div><img src="https://cdn.prod.website-files.com/63bef2f3c329eff8e3

Licencing scheme off to weak start after only a third of landlords register

Licencing scheme off to weak start after only a third of landlords register

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Only one-third of Oxfords private rental properties have been registered for its city-wide selective licensing scheme and could soon face steeper fees or a hefty fine. The scheme, which launched last September, has received more than 10,500 licence applications from the 3

Landlord pleads with council to consider HMO tenants as housing shortages bite

Landlord pleads with council to consider HMO tenants as housing shortages bite

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An https://www.landlordzone.co.uk/news/braverman-under-pressure-to-reverse-outrageous-new-hmo-rules-for-asylum-seekers/" HMO landlord says desperate new tenants are moving in hours after the previous tenants leave due to a dearth of available properties. In he

'Despicable fraudster' gets eight-year ban for stealing landlords' deposits and rent

'Despicable fraudster' gets eight-year ban for stealing landlords' deposits and rent

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A letting agent who ripped off dozens of landlord clients has been banned from being a company director for eight years. https://www.landlordzone.co.uk/news/letting-agent-who-stole-80000-from-dozens-of-landlords-admits-fraud/" Frank Smart , 46, the owner of Sma

Landlords encouraged to sell this month as property prices rise by 0.2%

Landlords encouraged to sell this month as property prices rise by 0.2%

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In a market where interest rates are sky high, tax bills are extortionate and mortgage payments are higher than rents, coupled with a backlog of refurb costs and difficult tenant situations, landlords are rushing to cash in and sell their property portfolios. If you were a landl

REFORM: 'We need legislation that works with landlords, not against them'

REFORM: 'We need legislation that works with landlords, not against them'

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With one in five households now renting, the private rented sector is an essential part of the housing market. As the government has reduced its housebuilding strategy for all local authorities from mandatory to advisory, with some councils scrapping targets all together, the ho

Portal launches in UK offering landlords direct online advertising to find tenants

Portal launches in UK offering landlords direct online advertising to find tenants

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A European lettings portal has launched in the UK aimed at globe-trotting students and young professionals. Rotterdam-based https://housinganywhere.com/" HousingAnywhere , which specialises in mid- to long-term rentals, now covers London,

Do HMOs still stack up as an investment?

Do HMOs still stack up as an investment?

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Over the last 15 years, the HMO market has been transformed and there has been a boom. The reason for the boom&nbsp; was, quite simply, that HMOs could generate far better returns than single home lets. &nbsp; But as the market grew, regulations tightened. On top of the extra du

LATEST: Section 21 evictions increasing as landlords quit sector, says Citizens Advice

LATEST: Section 21 evictions increasing as landlords quit sector, says Citizens Advice

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Nearly half of all Section 21 eviction notices have been prompted by landlords selling their properties, Citizens Advice has revealed. It also says that its seen a ramping up of evictions by landlords using Section 21 notices, handling some 2,000 cases last month. <p id=""

Guaranteed rent firm takes down website after LandlordZONE probe

Guaranteed rent firm takes down website after LandlordZONE probe

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A guaranteed rent firm has taken down its website after being exposed for using spurious claims about its connections with reputable bodies. London-based UK Housing Group Ltd, which boasts of being, the largest social housing agency in London and the Midlands featured out-