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EXCLUSIVE: Conveyancer reports big drop in landlords buying BTL properties

EXCLUSIVE: Conveyancer reports big drop in landlords buying BTL properties

News

The number of BTL investors buying properties has plummeted in the last six months while long-term landlords are selling up, according to one large conveyancing firm. Basildon-based https://pcslegal.co.uk/" PCS Legal

Business ratepayers will have to report any changes, and annually, under new bill...

Business ratepayers will have to report any changes, and annually, under new bill...

News

The Non-Domestic Rating Bill going through Parliament (House of Lords) will require business ratepayers to report any changes and also report annually to the Valuation Office Agency (VOA). These changes to the operation of business rates will apply to all organisations responsib

BLOG: Why abolishing Section 21 isn't all bad news for landlords

BLOG: Why abolishing Section 21 isn't all bad news for landlords

Opinion

Yesterday I spoke to a room of 200 anxious landlords. The uncertainly surrounding the Renters (Reform) Bill really has whipped the housing market into a frenzy with landlords serving notices, selling up and exiting the sector in their droves.  The mere thought of Sect

TURMOIL: NatWest reveals rate rises for fixed-rate landlord mortgages

TURMOIL: NatWest reveals rate rises for fixed-rate landlord mortgages

News

��Lender NatWest has been called out by commentators after it announced significant increases to its landlord mortgages. The bank, which is till 38% Government owned, announced late yesterday that it was increasing the interest rates it charges on a range of home loans, includ

Report reveals unstoppable march of BTR into private rented sector

Report reveals unstoppable march of BTR into private rented sector

News

Report finds London has 38,600 Build‑to‑Rent homes plus 34,100 more in pipeline, transforming the capital’s rental market.

Landmark rental deposits case reveals world of 'fake' short-lets

Landmark rental deposits case reveals world of 'fake' short-lets

News

Tenant groups in Scotland have called for councils to clamp down on landlords who rent out properties under the guise of holiday lets. <figure id="" class="w-richtext-figure-type- " data-rt-type="" data-rt-align=""><div><img src="https://cdn.prod.website-files.com/63bef2f3c329eff8e3a4af45/6

Investors rush to convert office space as homeworking re-shapes the marketplace

Investors rush to convert office space as homeworking re-shapes the marketplace

News

According to the Financial Times (FT), property investors have pumped around �2bn into converting under-used and unwanted London office space as the trend to Working from Home (WfH) continues, and as it looks like becoming an embedded employment practice in many inner city o

FINES: Repeat offender to pay £49,000 over HMO safety failures

FINES: Repeat offender to pay £49,000 over HMO safety failures

News

A management company has been ordered to pay out more than £49,000 for fire safety failures at an HMO. Monsoon Properties Ltd admitted breaches relating to a range of issues at the flat in Londons Tavistock Place, including inadequate fire detection system, obstructions to t

MARKET: High rents consign younger tenants to the house of mum and dad

MARKET: High rents consign younger tenants to the house of mum and dad

News

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

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New energy efficiency grants for landlords announced

New energy efficiency grants for landlords announced

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Government announces funding for EPC upgrades in low-income rental homes, but questions remain about coverage and affordability for landlords.

MPs to debate renting reforms today as Rayner promises law 'ASAP'

MPs to debate renting reforms today as Rayner promises law 'ASAP'

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The Renters’ Rights Bill will become law ‘as soon as possible’ housing secretary Angela Rayner has promised as parliament debates her legislation for the first time.

HMO landlords' fine appeal leads to £100,000 increase

HMO landlords' fine appeal leads to £100,000 increase

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A judge has massively increased the fines given to two HMO landlords who have failed in a legal challenge against their sentence.

WARNING: Abolishing ASTs will push landlords into short lets sector

WARNING: Abolishing ASTs will push landlords into short lets sector

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Removing fixed-term tenancies will drive up rents as landlords switch to short-term lets, warns Propertymark.

Landlord fined £22,600 after ignoring tenant safety warnings

Landlord fined £22,600 after ignoring tenant safety warnings

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A landlord with multiple properties in Bootle has been ordered to pay £22,630 for ignoring safety risks that left his tenants facing imminent danger.

Many tenants are becoming 'unrentable' says leading figure

Many tenants are becoming 'unrentable' says leading figure

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A significant number of people seeking properties to rent are finding themselves excluded and forced to live in temporary accommodation, it has been claimed, as landlords be become more risk averse.

Environmental health officers call for stronger landlord licencing

Environmental health officers call for stronger landlord licencing

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The Chartered Institute of Environmental Health (CIEH) has backed calls for better funding of councils’ housing enforcement and stronger selective licensing.

Landlords slam Labour's plan to tighten arrears eviction rules

Landlords slam Labour's plan to tighten arrears eviction rules

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Landlords have criticised the Government’s plan to raise the minimum period of rent arrears from two to three months before they can be served notice to repossess.

'Lease us your rented homes', Welsh Government urges landlords

'Lease us your rented homes', Welsh Government urges landlords

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The Welsh Government wants landlords to lease their empty properties to local councils in a bid to boost the number of affordable homes within its private rented sector.

Generous property 'leasing scheme' for landlords goes national

Generous property 'leasing scheme' for landlords goes national

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Landlords across Wales can now take advantage of a scheme that lets them lease their property to the local council for up to 20 years.

'Cut stamp duty if you want to help end housing crisis'

'Cut stamp duty if you want to help end housing crisis'

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Scotland’s landlords have urged its government to pause additional stamp duty payments in a bid to alleviate its housing emergency.

Big NE of England town latest to reign-in HMO numbers

Big NE of England town latest to reign-in HMO numbers

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Darlington looks set to be the latest council bringing in tougher rules to control the growth of small HMOs.

Minister explains why pet damage insurance 'not needed'

Minister explains why pet damage insurance 'not needed'

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Minister explains why pet damage insurance will not be mandated, and says current deposit of five weeks 'enough'.

Criminal gang jailed for running cannabis farms across UK

Criminal gang jailed for running cannabis farms across UK

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A gang of cannabis farm operators, drug dealers and people smugglers have been jailed.

Big NW town latest to clamp down on HMO growth

Big NW town latest to clamp down on HMO growth

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Wigan council says rise in number of smaller HMOs within its borders means new powers to scrutinise new applications are needed.

Flipping now 'tricky' as higher taxes and lower price rises bite

Flipping now 'tricky' as higher taxes and lower price rises bite

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The practice of property flipping to make a profit is under serious threat from both higher tax and lower house price rises.

OPINION: Awaab’s Law is coming – be warned, it has serious implications for you!

OPINION: Awaab’s Law is coming – be warned, it has serious implications for you!

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Awaab’s Law: What it means for private landlords and the future of property standards

MPs in race to pass rental reforms before recess

MPs in race to pass rental reforms before recess

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The Renters' Rights Bill now looks more likely to be passed before the summer recess.

London council hikes HMO licensing fees

London council hikes HMO licensing fees

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HMO landlords face paying out £1,570 for a licence when Camden Council renews its additional scheme in December.

England to get its own 'rent service' says housing minister

England to get its own 'rent service' says housing minister

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A new body will help decide rents in a bid to prevent over-loading the tribunal service with rent disputes.

Landlord fined £75K for illegally letting properties

Landlord fined £75K for illegally letting properties

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A landlord has been found guilty of illegally letting two ‘party flats’ after neighbours complained about excessive noise.

Tenant piles pressure on Labour to adopt rent controls

Tenant piles pressure on Labour to adopt rent controls

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Lobbying group says tenant Bridget Chapman's experiences of a sudden rent rise is proof controls are needed.

Minister gifts solicitors £20m pay rise to help tenants fight evictions

Minister gifts solicitors £20m pay rise to help tenants fight evictions

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The Government has increased its support for tenants who face eviction as its looming reforms bring in greater rights for private

Landlord fined £10,000 after ignoring requests to license property

Landlord fined £10,000 after ignoring requests to license property

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A landlord who thought he could ignore council warnings over his property has been fined £10,000.

LATEST: New Decent Homes Standard consultation launched

LATEST: New Decent Homes Standard consultation launched

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Labour has revealed more details of the new minimum standards private landlords will have to meet.

Campaign launched to reverse 'bonkers' pet insurance decision

Campaign launched to reverse 'bonkers' pet insurance decision

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AdvoCATS has launched initiative after Labour decided inexplicably not to allow landlords to require tenants to take out pet insurance.

Labour 'not listening to sense' on renting reforms says peer

Labour 'not listening to sense' on renting reforms says peer

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Lord Hacking tells housing minister Government is 'plain wrong' in its insistence on banning fixed-term tenancies.

Decent Homes Standard for private rented sector 'soon' says Labour

Decent Homes Standard for private rented sector 'soon' says Labour

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Government reveals it is about to consult on a new Decent Homes Standard that will apply to private as well as social landlords.

Minister refuses to budge on ending 'tenancies in advance' for students

Minister refuses to budge on ending 'tenancies in advance' for students

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Housing minister says asking students to commit before Christmas to a tenancy the next year is unfair.

Could the Renters’ Rights Bill result in hundreds of tenants forced out?

Could the Renters’ Rights Bill result in hundreds of tenants forced out?

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The bill is designed to afford tenants more protections, but could it lead to them being ‘forced out’ of their homes?

Lettings agency fined £66,500 after council discovers 'dirty' HMO

Lettings agency fined £66,500 after council discovers 'dirty' HMO

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The HMO that AM PM Estates managed in Slough was found to be dirty and in a poor state of repair inside and out, including a

Build to rent to take 30% of rental market, says big lettings agency

Build to rent to take 30% of rental market, says big lettings agency

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More landlords are selling up than buying new properties to rent, a new Savills report highlights.

Government U-turns on RTS electricity meter switch off

Government U-turns on RTS electricity meter switch off

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The Government has, following feedback from various property and other industry bodies, delayed the 'big switch off'.

Four 'profit before people' landlords banned for life

Four 'profit before people' landlords banned for life

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In an unusual move, a Midlands local authority has added the four men to the national rogue landlords database.