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Average holiday home investor income rises by 59% since 2019

Average holiday home investor income rises by 59% since 2019

News

The UKs largest holiday home rentals website has published shocking figures that reveal the average income earned by property investors on its platform. Sykes Holiday Cottages Holiday Letting Outlook Report 2023 reveals that its average owner saw an income of �24,000 last

Tribunal slams councils for 'cash cow' licencing schemes that aren't needed

Tribunal slams councils for 'cash cow' licencing schemes that aren't needed

News

A First Tier Property Tribunal has slammed Nottingham Council for covering large swathes of the city with licensing schemes rather than targeting rogue landlords, a 'temptation' it says is faced by other local authorities. Justice for Tenants brought a case on behalf of a tenant

Shrinking buy-to-let could see a buy-to-let mortgage drought

Shrinking buy-to-let could see a buy-to-let mortgage drought

News

As landlords continue to exit the buy-to-let market, to the detriment of their tenants, could this rout also lead to buy-to-let mortgage lenders following their lead? This is a question posed by Chloe Cheung writing for the FT this last weekend. Its a serious question, a deve

Letting agents back HMO council tax re-banding reform proposals

Letting agents back HMO council tax re-banding reform proposals

News

Letting agents have backed the Governments decision to reform the way HMO properties are banded for council tax. Propertymark, which represents the estate agency sector, says in its submission to a consultation by the Department of Levelling Up, Housing and Communities that p

LATEST: Greens say 'immediate' rent freeze is only answer to housing crisis

LATEST: Greens say 'immediate' rent freeze is only answer to housing crisis

News

Landlords wanting to back the eco movement may want to pause for thought after the Green Party today vowed to bring in an immediate rent freeze and no-fault eviction ban to tackle the housing crisis. During an election campaign visit to Suffolk, party co-leaders Carla Denyer and

Landlord jailed after ignoring court order to improve rat-infested property

Landlord jailed after ignoring court order to improve rat-infested property

News

A rogue landlord has been jailed for 10 months after he failed to comply with conditions set by a court concerning his rat-infested property. Martin Ambler admitted four counts of breaching a criminal behaviour order in May 2022 but sentencing was deferred so that he could instr

Have you been hit by the 'cost of landlording' crisis? Here's some help

Have you been hit by the 'cost of landlording' crisis? Here's some help

News

There is a lot of talk at the moment about how rents are up by 11% across the UK and although I know its tough on renters, landlord costs have, in many cases, doubled. This includes mortgage premium payments following interest rates rises from 0.5% to 4% in just 12 months, an

Tory think-tank and Shelter push for three-year tenancies for PRS

Tory think-tank and Shelter push for three-year tenancies for PRS

News

The government should introduce three-year tenancies to protect tenants from uncertainty and rising rents, according to a liberal conservative think tank report. The Bright Blue group has teamed up with Shelter to publish, <strong id

NEW: Coalition slams Scots Government over rent cap and evictions freeze

NEW: Coalition slams Scots Government over rent cap and evictions freeze

News

Landlords have heavily criticised the Scottish governments decision to implement its evictions freeze and rent cap without a proper consultation. The measures, which were widely criticised earlier this year for being rushed through, are now being fought by a coalition of orga

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Top six misconceptions about Ltd company BTL mortgages

Top six misconceptions about Ltd company BTL mortgages

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Limited Company buy to let mortgages are increasingly popular, however there are still many myths that need debunking.

Landlords hit with former owners' massive council tax bills

Landlords hit with former owners' massive council tax bills

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News
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Landlords in Kent are inheriting huge council tax bills racked up by the previous owners when buying empty properties.

Portfolio landlords boost share of incorporated properties

Portfolio landlords boost share of incorporated properties

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News
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The proportion of incorporated property held in portfolios of landlords who use limited companies has more than doubled since Q1 2020.

Renters' Rights Bill could exclude scores of private tenants

Renters' Rights Bill could exclude scores of private tenants

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News
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A leading property lawyer warns that removing risk mitigation strategies will make many tenants on lower incomes “unlettable”.

Landlord slapped with £20,000 repayment order for unlicensed HMO

Landlord slapped with £20,000 repayment order for unlicensed HMO

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News
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A landlord must repay tenants £20,000 in rent after he failed to convince a tribunal he wasn’t aware of a licensing scheme.

London borough forces all landlords to license properties

London borough forces all landlords to license properties

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News
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All private landlords in Barking and Dagenham must get a licence from April following the introduction of its selective scheme.

Divorce rates have their impact on rental demand

Divorce rates have their impact on rental demand

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News
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There’s an often-overlooked impact of couples splitting on the demand for housing and particularly for rentals as splits occur every year in the UK

NRLA slams Welsh tenant compensation plan

NRLA slams Welsh tenant compensation plan

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News
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The Welsh government has agreed to explore the possibility of making landlords give tenants compensation if they are evicted.

New book helps landlords prepare for renters' rights shake-up

New book helps landlords prepare for renters' rights shake-up

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News
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A former solicitor and property expert has penned a book on how landlords can avoid litigants and potential crippling fines.

Encourage, not DISCOURAGE landlords from investing, urges leader

Encourage, not DISCOURAGE landlords from investing, urges leader

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News
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Comments follow new research that reveals rise in tenants being evicted as their landlords prepare to sell up.

The UK discrimination laws and the Renters' Rights Bill 

The UK discrimination laws and the Renters' Rights Bill 

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What Landlords need to know now! Protection from discrimination to be a key component of the new Act

Midlands landlord first in UK to voluntarily withdraw from renting homes

Midlands landlord first in UK to voluntarily withdraw from renting homes

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News
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Aunberin Saddique is the first landlord in the UK to make the undertaking under the Digital Marketing, Competition and Consumer Act 2024.

Pressure grows for landlord database to 'go much further'

Pressure grows for landlord database to 'go much further'

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News
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New Economics Foundation says Private Rented Sector Database must be a major tool to fund and direct enforcement.

Eight years on from tradgedy, Grenfell Tower to be taken down

Eight years on from tradgedy, Grenfell Tower to be taken down

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News
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The government has vowed to carefully dismantle Grenfell Tower behind its white outer wrapping to “respect the unique circumstances of the tragedy".

Lets party? Lads' mag founder turns his hand to landlord advice

Lets party? Lads' mag founder turns his hand to landlord advice

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News
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Former enfant terrible of the publishing world, James Brown, has revealed his tips for successful holiday let.

Landlord fined for fly tipping fridges on his own land

Landlord fined for fly tipping fridges on his own land

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News
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A landlord has been fined for failing to clear a huge pile of fridges from the front garden of his empty rental property.

You could save thousands with these simple maintenance tasks!

You could save thousands with these simple maintenance tasks!

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Regular property inspections and maintenance help landlords prevent costly repairs. Budget 1% of property value yearly and follow seasonal checklists

Rich landlords? Most earn just £17,600 a year reveal official figures

Rich landlords? Most earn just £17,600 a year reveal official figures

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News
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Private landlords are earning an average of £17,665 a year – although profits are much slimmer, according to the latest figures.

Being 'amateur' no defence against rent repayment order, judge tells landlord

Being 'amateur' no defence against rent repayment order, judge tells landlord

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News
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The expensive dangers for 'amateur' landlords who don't realise their regulatory responsibilities have been revealed during a Tribunal hearing.

'It will be a lively debate' promises Shamplina ahead renting reform webinar

'It will be a lively debate' promises Shamplina ahead renting reform webinar

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News
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Property investors are invited to sign up for a unique property investor network event next month examining the Renters' Rights Bill.

Council to seek more powers to 'hold rogue landlords to account'

Council to seek more powers to 'hold rogue landlords to account'

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News
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Hillingdon Council has agreed to consider additional licensing after residents raised concerns about growing problems in the London borough.

Reform-run Midlands council to 'go further' on HMO regulation

Reform-run Midlands council to 'go further' on HMO regulation

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News
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West Northamptonshire Council has proposed a new forum to prepare its HMO landlords for likely new rules as the council reviews its approach this kind

Stop landlords 'cashing in' on EPC upgrade grants, urges Labour MP

Stop landlords 'cashing in' on EPC upgrade grants, urges Labour MP

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News
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A Labour MP has urged the government to stop landlords from 'cashing in' on retrofit grants.

The conundrum landlords face - providing for EV charging points

The conundrum landlords face - providing for EV charging points

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News
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They are “plugged out”; why tenants are struggling to charge their electric vehicles

NEW: Student accommodation now most popular investment among landlords

NEW: Student accommodation now most popular investment among landlords

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News
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Universities are a key driver of BTL activity and lending as more landlords choose to invest in areas with large student populations.

Tenant hospitalised 'indefinitely' after admitting landlord's murder

Tenant hospitalised 'indefinitely' after admitting landlord's murder

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News
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A former tenant who murdered her landlord and stabbed his cat to death has been given an indefinite hospital order.

Rogue gas-fitter jailed over dangerous work at property

Rogue gas-fitter jailed over dangerous work at property

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News
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Antony Clifton, 52, was sentenced to 46 weeks in custody after he carried out the work while falsely claiming to be a member of the Gas Safe Register

Big Northern council takes another step towards HMO restrictions

Big Northern council takes another step towards HMO restrictions

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News
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County Durham hopes to restrict HMO conversions across the county amid fears that rising numbers are impacting communities.

Elderly and problem tenants rehomed as landlord celebrates “success” in selling 5 buy–to–lets

Elderly and problem tenants rehomed as landlord celebrates “success” in selling 5 buy–to–lets

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Landlord Sales Agency turned tough landlord sales around fast. Five tricky properties sold in under 28 days.

MPs call for 'ban' on landlords demanding guarantors

MPs call for 'ban' on landlords demanding guarantors

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News
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MPs are continuing to push the government to prevent landlords from making guarantor requests.

BTR 'not more expensive than private landlord properties' - CLAIM

BTR 'not more expensive than private landlord properties' - CLAIM

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News
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New figures have busted the myth that build-to-rent (BTR) homes are pricier than the PRS for many tenants.

Many lettings agents 'unprepared for renting reforms'

Many lettings agents 'unprepared for renting reforms'

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News
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A surprising number of lettings agents are in the dark about the reforms set to transform the sector under the Renters’ Rights Bill.

Tenants dig deep to raise funds for major homelessness charity

Tenants dig deep to raise funds for major homelessness charity

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News
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mydeposits’ Total Property platform has raised a staggering £300,000 for youth homelessness charity Centrepoint since its launch last May.

Extraordinary revival in buy-to-let borrowing revealed

Extraordinary revival in buy-to-let borrowing revealed

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News
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New official buy-to-let lending figures have revealed an extraordinary revival in the landlord market.