Smaller buy-to-let landlords continue to quit the market, according to the Bank of Englands latest update on PRS conditions. The banks findings support the NRLAs assessment that the landlord exodus is well underway a position which chief executive Ben Beadle was for
Letting agents and their landlords who advertise properties as 'no children' face being accused of breaking discrimination rules, it has been claimed following a campaign by Shelter. The organisation says agents who advertise properties as no children are now breaking The
Eviction expert Paul Shamplina has warned of an impending social housing crisis when Section 21 is abolished. Speaking on a panel at the Landlord National Investment Show , Shamplina said many landlords used Section 21 when there were rent arrears because t
Short-term holiday lets platform Your.Rentals is raising on the crowdfunding site Seedrs as it seeks to expand its reach in the UK, raising some £1.3 million so far. The Copenhagen-based company, which is headed up by founder Andrew Martyn (main picture),
It has been reported this week that housing minister Rachel Maclean (main picture) told a meeting in Westminster that fellow Conservative MPs and the property sector (i.e. the NRLA and other trade associations) are wrong to claim that landlords are leaving the sector. This
Manchester students occupying a university-owned building in a protest over rent costs and living conditions have been ejected by bailiffs. Manchester University says their action was illegal and that it was granted a possession order by the High Court. When the 20 strikers refu
Housing Secretary Michael Gove has dropped a hint that he could be willing to consider tax concessions for landlords. Speaking in the Commons during a Budget debate, he told MPs that the government needed to make sure there was fairness in the tax treatment of landlords before l
Tax changes in the private rented sector have lost the Treasury �1.5 billion in revenue, according to new research commissioned by the NRLA. https://www.capitaleconomics.com/" target="_blank" Capital Economics fou
A landlord in Derby has been convicted of an illegal eviction and ordered by a court to pay a �1,600 fine. After initially agreeing a 12-month rental for an unfurnished house with a young family, landlord Grace Young of Pear Tree Street, Derby then attempted to illegally evict
Fenland Council has introduced an immediate Article 4 Direction before its consultation in a bid to clamp down on burgeoning HMOs in Wisbech.
Landlords in County Durham have had to fork out fines totalling £1.38 million in the three years since selective licensing was introduced.
Peers have tabled amendments to the Renters’ Rights Bill which, if approved, would shape the legislation into a version of the previous Renters’ Reform Bill.
Chancellor Rachel Reeves has been warned that unless more rental properties are built her recent promise to ‘attract the best talent to the UK’ and boost economic growth will fall flat.
Private HMO landlords leaving the sector have created a shortage of student housing, according to Unite Students, which boasts that it can help fill the gap with purpose-built student accommodation.
The government has repeated its rejection of “heavy handed” rent controls despite pressure from peers in the House of Lords.
Preston Council has proposed new powers to reject HMO applications amid fears that the city is already being over-run by shared homes.
Landlords in Scotland who are members of the country’s landlord association are to get discounted carpets when refitting their rented properties,
Landlords and letting agents have slammed the extra BTL tax rise in the Scottish budget which they believe could backfire on the government.
The new Chancellor and former Health Secretary Jeremy Hunt has been tasked with sorting out the Kwamiikaze mini budget introduced by his predecessor, who holds the dubious gong of having the 2nd shortest tenure in the job ever. Hunt, who has made two weak
Demand for shared rooms is at an all-time high, while supply has hit a nine-year low, according to flat share site SpareRoom. The shocking figures have also led to average monthly room rents reaching record highs and increasing across every UK region in Q3 2022; Scotland is up 2
AirBnb owners are switching to long term lettings following changes to Scotlands short-term lets laws, according to a leading property firm. In a reverse of the recent trend thats seen scores of landlords ditch tenancies for holiday lets, DJ Alexander says it has been appr
The Truss government faces its own poll tax scandal as increasing numbers of HMOs in over 50 towns and cities across the UK are re-banded by the Valuation Office Agency (VOA) as containing multiple individual homes rather than just one for council tax purp
The Prime Minister has scotched rumours yesterday that she intends to U-turn on the previous Conservative governments commitment to get rid of Section 21 no-fault evictions. During a packed Prime Ministers Questions in the Commons this morning, she confirmed in a ter
Lloyds bank has entered into a �180million financial partnership with specialist buy-to-let lender, LendInvest PLC. The lenders partnership with the leading high street retail bank will be a boost to the innovative lenders business, helping the AIM listed company grow its buy-to-let
A tweet by the political editor of The Times newspaper has claimed that Liz Truss is about to U-turn on abolishing Section 21 evictions. Steven Swinfordhttps://twitter.com/Steven_Swinford/status/1579586149999181824" took to the social media
Damp . Its that time of year landlords dread: their tenant complains about dampness and black mould
Holyrood MSPs yesterday passed through emergency legislation to freeze most rents until the end of March 2023. The legislation was on a fast track from earlier this week and passed its final stage yesterday. After hearing that some residential rents had increased by up to 30 per
Following recent changes to legislation The Department for Levelling Up, Housing and Communities (DHLUC) is expected to issue an updated version of the renters https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/942503/6.6642_MHCLG_
The Bank of England's Monetary Policy Committee, with responsibility for making decisions about the bank rate, at its last meeting, raised interest rates by a further 0.5 per cent, to 2.25 per cent. Thats the highest level in 14 years. This is the seventh consecutive bank rat
<figure id="" class="w-richtext-figure-type- " data-rt-type="" data-rt-align=""><div><img src="https://cdn.prod.website-files.com/63bef2f3c329eff8e3a4af45/64cb99341e7240523becc466_hmo-areas-coventry.jpeg" alt="" id="" width="auto" height="auto" loading="auto"></div></figure>Coventry Council ha
The impact of council tax re-banding in HMOs has started to bite as tenants around the UK are being handed huge bills. Portsmouth seems to be a particular hot spot, where one Twitter user posted: Im literally in shock. My house is being re-banded that its six individual
NRLA Chief Executive Ben Beadle on why Government plans to force landlords to hand over cash are unnecessary and could create needless conflict between landlords and tenants. The cost-of-living crisis is being felt by all sectors of society,
Labours leader Keir Starmer has hinted that buy-to-let landlords and second home owners may be prevented from buying properties meant for first-time buyers. His comments came during todays address to the Labour conference in Blackpool, during which h
A report in The Guardian newspaper says that the Surge in no-fault evictions prompts calls to renew UK-wide ban,� on section 21 evictions that is, as was the case during the Covid pandemic. Tenants were protected from being removed during lockdown - how
Business rates revaluations are scheduled at certain times, but if these occur during period of high inflation the new fix could put businesses and commercial landlords at risk. Though business tenants are liable to pay business rates, landlords should be concerned because they
Labour's Lisa Nandy has criticised landlords and vowed to help the social rented sector overtake the private rented sector as the second largest housing tenure in the country. In a speech to the ongoing Labour party conference, shadow Levelling Up Secretary Lisa Nandy said it wo
A Uttoxeter-based landlord, Gunes Ata, aged 47, has been successfully prosecuted by Sheffield City Council for repeatedly failing to provide his leaseholder tenants with the detailed information they are entitled to when presented with their service charges. Mr Ata, who owns She
Kwasi Kwarteng failed to deliver the hoped-for repeal of Section 24 in his mini-Budget but confirmed a permanent cut in stamp duty. The chancellor raised the threshold before stamp duty is paid to �250,000 and for first-time buyers, to �425,000 - cuts universally panned by mor
Fire doors and fire door safety are key elements in the Government's drive to improve fire safety post-Grenfell.
Landlords have been offered a glimmer of hope by the new Prime Minister whos hinted that shes not adverse to considering the repeal of Section 24. https://www.nrla.org.uk/" target="_blank" NRLA boss Ben Beadle n
Landlords have slammed the Governments new plans to force HMO landlords who operate all inclusive rental properties to pass on the �400 rebate being made available via the Energy Bills Support Scheme (EBSS). This announcement is an abrupt U-turn previously Minister
The MP replacing Eddie Hughes at the Department of Levelling Up, Housing and Communities (DLUHC) is Lee Rowley. This 42-year-old MP and Leave voter, who was elected to parliament by the constituents of North East Derbyshire in 2017 following his two unsuccessful bids in other co
Landlords should expect more form filling after agents were advised to complete due diligence on all their clients to combat money laundering. Recently approved government guidance designed to help property agents comply with money laundering regulations - covering customer due
