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Fewer luxury homes to rent in London feeds into higher rents

Fewer luxury homes to rent in London feeds into higher rents

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A reduced supply of luxury rental homes in London is feeding into higher rents, which are now a third higher than before the pandemic, new research has revealed.

Rogue landlords come under attack from Labour MP Tom Hayes

Rogue landlords come under attack from Labour MP Tom Hayes

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Labour MP Tom Hayes has launched a survey to quiz tenants and landlords in his Bournemouth East constituency, in a bid to fix the “broken” rented sector.

WASPI women need to be fairly compensated after constituent was evicted, says MP

WASPI women need to be fairly compensated after constituent was evicted, says MP

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Liberal Democrat MP Sarah Dyke has called for WASPI women to be fairly compensated after one of her constituents was evicted.

‘Rentflation’ costs young people an extra £1,616, says Barclays

‘Rentflation’ costs young people an extra £1,616, says Barclays

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‘Rentflation’ has cost young people an extra £1,616 on their rent bill in the past year, according to new data from Barclays.

Tenants on benefits will be pushed into poverty, warns NRLA

Tenants on benefits will be pushed into poverty, warns NRLA

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Almost half of all private renters who receive Local Housing Allowance experience a shortfall between their payment and monthly rent, according to new analysis by the NRLA.

Landlords who fail to address damp and mould problems ahead of Awaab’s Law risk legal action

Landlords who fail to address damp and mould problems ahead of Awaab’s Law risk legal action

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Landlords who fail to address damp and mould problems ahead of Awaab’s Law risk legal action, reputational damage, and significant fines, an air quality monitoring firm has warned.

More companies are registered to hold buy-to-let property than for any other type of business

More companies are registered to hold buy-to-let property than for any other type of business

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More companies are registered to hold buy-to-let property than for any other type of business as investors seek to reduce their tax burden, new data reveals.

Landlords have "plenty of opportunities" despite interest rates expected to remain at 4.5%

Landlords have "plenty of opportunities" despite interest rates expected to remain at 4.5%

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Landlords still have 'plenty of opportunities’ despite interest rates expected to remain on hold this week, a specialist lender has suggested.

Number of tenants being asked for a guarantor could increase due to Renters’ Rights Bill, warns Generation Rent

Number of tenants being asked for a guarantor could increase due to Renters’ Rights Bill, warns Generation Rent

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The Renters’ Rights Bill could lead to an increase in the number of tenants being asked to provide a guarantor and to further discrimination, charities and campaign groups have warned

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HMO licencing to be expanded in York despite efforts to challenge scheme

HMO licencing to be expanded in York despite efforts to challenge scheme

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Small HMO landlords in York will need an additional licence in eight of the citys wards from 1st April after the council gave a new scheme the go-ahead. <figure id="" class="w-richtext-figure-type- " data-rt-type="" data-rt-align=""><div><img src="https://uploads-ssl.

Landlords prepare to do battle over city's proposed HMO licencing extension

Landlords prepare to do battle over city's proposed HMO licencing extension

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Landlords in Nottingham are preparing to fight an extension of the citys https://www.nottinghamcity.gov.uk/additionalhmo" target="_blank" additional licensing scheme , weeks after the council was warned that a second selective licensing scheme wou

Landlords hope Sturgeon exit will soften SNP's anti-landlord approach

Landlords hope Sturgeon exit will soften SNP's anti-landlord approach

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Scottish landlords hope that Nicola Sturgeons resignation may lead to a less aggressive approach towards the buy-to-let sector. The SNP leader has presided over a range of anti-landlord legislation since becoming first minister in 2014, including the recent rent and eviction

WARNING: Judge tells landlord ignorance is no defence against fine

WARNING: Judge tells landlord ignorance is no defence against fine

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A landlord has lost his appeal against a fine for renting out unlicensed properties after arguing that the sellers solicitor had failed to tell him about a selective licensing scheme. City Estate Holdings bought two houses in Westbourne Avenue, Gateshead, at auction in April

NEW: Tenant arrears drop to lowest level in five years as voids reduce too

NEW: Tenant arrears drop to lowest level in five years as voids reduce too

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The number of landlords whose tenants are in rent arrears has fallen to its lowest level since 2017, according to new research from Paragon Bank. Its poll of more than 750 landlords found that less than one third (32%) of landlords have had at least one tenant in arrears during

Dangers of rent-to-rent highlighted by landlord's �11k rent repayment order

Dangers of rent-to-rent highlighted by landlord's �11k rent repayment order

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A rent-to-rent landlord operating a flat in central London has been ordered to pay rent back to his tenants totalling just over �11,000 via a rent repayment order or RRO. The case highlights the challenges faced by rent-to-rent agreements, as the case involved a freeholder, lea

Tenants face 'bleak future' unless landlords are helped with rising mortgage costs

Tenants face 'bleak future' unless landlords are helped with rising mortgage costs

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Ballooning mortgage costs will make an already tight rental market even harder for tenants seeking affordable homes to let, landlords have warned. Their representative body the NRLA has published research that shows nearly two-thirds of landlords, based on

Landlords help test new England property portal

Landlords help test new England property portal

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Landlords & agents test the new England property portal ahead of launch: central database for landlords, properties, compliance & disputes.

Beware fake payslips when referencing tenants, landlords told

Beware fake payslips when referencing tenants, landlords told

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Half of all fraudulent tenancy applications involve fake or doctored pay slips, according to rent-tech platform Goodlord, which has warned landlords to be on their guard. Its anaylsis of more than 300,000 tenancy applications last year found that while only one in

HMO landlord loses landmark appeal against ban and £22,000 fine

HMO landlord loses landmark appeal against ban and £22,000 fine

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A rogue landlord has lost a landmark case after she failed to convince an Upper Tribunal to overturn her banning order. <figure id="" class="w-richtext-figure-type- " data-rt-type="" data-rt-align=""><div><img src="https://cdn.prod.website-files.com/63bef2f3c329eff8e3a4af45/64cb99f6e035517f

BREAKING: Scotland extends rent cap and evictions freeze until March 2024

BREAKING: Scotland extends rent cap and evictions freeze until March 2024

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Landlords in Scotland face further pain after it was announced today that it will for a second time extend the rent cap and evictions freeze first introduced in October last year to help combat rising inflation. The measures within the Cost of Living (Tenant Protec

MYSTERY shoppers reveal holes in BTR's claims to be 'better than PRS'

MYSTERY shoppers reveal holes in BTR's claims to be 'better than PRS'

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The burgeoning build-to-rent (BTR) sector has been warned not to rest on its laurels as new research reveals slipping customer service standards. Consultancy hereSAYs BTR Mystery Shopping Benchmark Report found that although the developments still prese

PICS: Dawn raid in London reveals 'shocking and horrifying' illegal HMO

PICS: Dawn raid in London reveals 'shocking and horrifying' illegal HMO

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Eleven tenants have been found crammed in a squalid and illegal HMO during a dawn raid on a three-bedroom house in Wembley. <figure id="" class="w-richtext-figure-type- " data-rt-type="" data-rt-align=""><div><img src="https://cdn.prod.website-files.com/63bef2f3c329eff8e3a4af45/64cb9a422825

Councils should be given 'more powers to bring in licencing', claims mayor

Councils should be given 'more powers to bring in licencing', claims mayor

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A leading independent think tank and a leading London mayor have called for councils across the UK to be given powers to implement selective licencing schemes of any size without sign-off by the Secretary of State. Following legislative changes during the early noughties, the se

How do I make sure my commercial rental property is properly maintained?

How do I make sure my commercial rental property is properly maintained?

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Regular Inspections: Conduct routine inspections of the property to identify any maintenance issues or potential problems. Check for leaks, cracks, signs of wear and tear, malfunctioning equipment, and safety hazards. Address these issues promptly to prevent further damage. With

POLL: New pets rules will see landlords raise rents to cover extra costs

POLL: New pets rules will see landlords raise rents to cover extra costs

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Three-quarters of landlords will be forced to raise rents in the face of the new Renters (Reform) Bill , which as drafted will restrict their ability to refuse pets. &nbsp; A poll by buy-to-let broker Mortgages for Business found that 60% will raise&nbsp;re

Pets and property experts warn 'work needed' to make reform bill workable

Pets and property experts warn 'work needed' to make reform bill workable

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A group of leading figures representing animal charities, pet owners and property managers have warned that much work will be needed in the coming months to make the Renters (Reform) Bill acceptable to landlords and tenants. The group, although welcoming the bill, tells <strong

Government DENIES rental supply is being 'squeezed' by reforms and immigration

Government DENIES rental supply is being 'squeezed' by reforms and immigration

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The government has repudiated claims by one of its own MPs and a leading expert that the PRS is under pressure from reforms and rising levels of immigration. Home Office data shows that net immigration hit a record high of 606,000 last year. Based on the average household size o

Abolishing Section 21 will just help 'nuisance tenants' avoid eviction - claim

Abolishing Section 21 will just help 'nuisance tenants' avoid eviction - claim

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A leading lawyer warns that by abolishing section 21 the government will be helping nuisance tenants at the expense of the weak and vulnerable. Under the Renters (Reform) Bill, landlords will be able to evict for behaviours capable of causing a nuisance or annoyance as opp

Binning 'no fault' evictions will not make tenants more secure, Government warned

Binning 'no fault' evictions will not make tenants more secure, Government warned

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Removing Section 21 might not provide the hoped-for feelings of security and encourage tenants to complain when rental homes are in short supply, warns a housing charity. The TDS charitable foundations poll of 2,000 private renters found that a lack of affordable accommodatio

'SURGE': Co-living to soon hit 27,000 beds in UK, says Savills

'SURGE': Co-living to soon hit 27,000 beds in UK, says Savills

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The UKs co-living sector has trebled since 2019 as the formerly London-centric concept catches on around the country. Popular with recent graduates and young professionals, co-living - which technically is often classsed as HMO - is a form of purpose-built rental housing gene

LATEST: Private rented sector needs 'radical' tax reset to solve supply crisis

LATEST: Private rented sector needs 'radical' tax reset to solve supply crisis

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Reinstating mortgage interest relief for landlords would solve the nations ongoing rental property supply crisis and raise �400 million for the nations coffers, it has been revealed. Analysis by Capital Economics on behalf of the National Residential Landlords Association

LEGAL: common sense prevails in lease dispute

LEGAL: common sense prevails in lease dispute

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Lease disputes are time consuming, costly and most can be avoided when leases are well drafted in the first place. This article addresses a case where the landlord failed to ensure that the lease was properly drafted. The lease gives a tenant the right to use the property for it

EXCLUSIVE: European Court battle over Right to Rent to launch 'soon'

EXCLUSIVE: European Court battle over Right to Rent to launch 'soon'

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A legal charity still hopes to challenge the government over its Right to Rent policy despite failing to convince European judges that it increases racial discrimination in the rental market. Under the scheme, landlords have to check the immigration status of prospective tenants

Braverman under pressure to reverse 'outrageous' HMO rules for asylum seekers

Braverman under pressure to reverse 'outrageous' HMO rules for asylum seekers

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Scores of housing groups and legal centres have called for ministers to abandon plans to remove licensing requirements for HMOs used as asylum accommodation. In anhttps://www.jcwi.org.uk/safe-homes-for-all" target="_blank" open letter t

WATCH: Is Government policy squeezing landlords out of the market?

WATCH: Is Government policy squeezing landlords out of the market?

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The number of landlords selling up has hit record levels, leading property buying firm National Residential has reported. The company says this has been prompted to a significant degree by the long-standing uncertainty within the private rented sector created by the Government

Should landlords hold onto their properties for as long as possible following the BOE's announcement that inflation fell to 8.7% in April?

Should landlords hold onto their properties for as long as possible following the BOE's announcement that inflation fell to 8.7% in April?

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Despite the fall in inflation, The Guardian is reporting https://www.theguardian.com/business/2023/may/24/uk-inflation-falls-cost-of-living-crisis" the financial markets are betting on an interest rate rises to 4.75% in June and 5.4% by the end of the year , the Office fo

Rental homes must be 'reserved for locals' in Airbnb hotspots, says Tory MP

Rental homes must be 'reserved for locals' in Airbnb hotspots, says Tory MP

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A Conservative MP has called for tenants to be offered affordable homes in tourist hot spots if they can prove theyre local. During a Commons debate on short-term holiday lets, East Devon MP Simon Jupp (pictured) suggested that councils could be allowed

WARNING: 'Periodic tenancies will 'decimate' the student rental sector'

WARNING: 'Periodic tenancies will 'decimate' the student rental sector'

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The NRLA says Government measures to abolish Assured Shorthold Tenancies (ASTs) will decimate the student housing sector if they go ahead unchanged. Featured within the Renters (Reform) Bill, this will see ASTs replaced with more flexible open-ended periodic tenancies

Commercial property industry supports a record number of UK jobs

Commercial property industry supports a record number of UK jobs

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Commercial property is an important part of the UK economy, but the retail and office sectors as still suffering and rising interest rates present a real threat. A recent https://bpf.org.uk/media/6294/cl16688-01-bpf-economic-footprint-may23-v5-hi-res-single-pages.pdf" t

BLOG: Should landlords switch on to electric vehicle charging points?

BLOG: Should landlords switch on to electric vehicle charging points?

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Electric vehicle charging expert Matthew Gibbons (main picture) explores the pros and cons of installing the different equipment at rental properties. Rented properties with EV charge points are a rare thing, so installing one makes a home more desi

Are there certain areas worth investing in following Government’s Levelling Up plans?

Are there certain areas worth investing in following Government’s Levelling Up plans?

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In the Spring Budget, the Chancellor announced a raft of measures that the Government intends to help level up the UK. Specifically, they're pledging to prioritise employment, education and enterprise

Suburban landlords to see bonus as more renters commute into London

Suburban landlords to see bonus as more renters commute into London

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Better transport links to the capital have boosted the number of Londoner commuters happy to spend time on the tube or bus. Renters are living further away from the office than they did seven years ago because this doesnt necessarily equate to longer journey times due to impr

Major debt charity calls for more eviction protection for rent arrears tenants

Major debt charity calls for more eviction protection for rent arrears tenants

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A debt charity is calling on the government to introduce stronger protections for tenants who fall behind on their rent. StepChanges survey found that private renters struggled to afford their homes more than any other housing tenure, with one in six (1.2 million people) rely