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Build-to-rent growth falters as economic downturn and labour shortages bite

Build-to-rent growth falters as economic downturn and labour shortages bite

News

Economic headwinds facing the construction industry put the brakes on the build-to-rent sector last year. Build cost inflation and labour shortages meant that it only grew by 14% in 2022 adding up to 242,548 homes in planning, under construction or completed - compared to a

NEW: Big South East council clamps down on smaller HMOs

NEW: Big South East council clamps down on smaller HMOs

News

Arun Council is getting tougher with landlords wanting to convert homes into small HMOs by introducing an Article 4 direction in three of its wards. The move means that proposals to convert homes will need to go through the normal planning process rather than being allowed under

Landlords warned over rogue plumber operating in NW of England

Landlords warned over rogue plumber operating in NW of England

News

A leading ethical repair firm has shamed a rogue plumber who charged an 85-year-old woman £1,500 to repair a water pipe.

House price falls create opportunities for landlord investors

House price falls create opportunities for landlord investors

News

Falling house prices and rising mortgage rates, coupled with a cost of living crisis, which inevitably results in higher incidences of rental arrears, are scaring off potential new investors in buy-to-let. But new investments in the right locations could be an astute move for ne

Generation Rent activist now working for DLUHC as PRS advisor

Generation Rent activist now working for DLUHC as PRS advisor

News

A former Generation Rent campaigner is now working as an advisor shaping private rented sector policy at the Department for Levelling Up, Housing and Communities. Caitlin Wilkinson - policy advisor for the private rented sector - was policy and public affairs manager at the camp

BREAKING: Housing minister lasts just FOUR months after Rishi's reshuffle move

BREAKING: Housing minister lasts just FOUR months after Rishi's reshuffle move

News

Landlords and the wider rented sector face more uncertainty after it was announced this morning that housing minister Lucy Frazer, who has only been in post since October last year, is to become secretary of state at the new department of Culture, Media and Sport. In private at

'Tories are trying to blame landlords for PRS mess of their own making'

'Tories are trying to blame landlords for PRS mess of their own making'

News

The Tories should take the blame for the landlord exodus and crisis-hit private rental sector, according to one leading investment guru. Financial columnist and author Matthew Lynn says that for the last decade, the party has been in an all-out war against buy-to-let landlords,

Repeat rogue 'luxury' landlord firm fined £30,000 for licencing breaches

Repeat rogue 'luxury' landlord firm fined £30,000 for licencing breaches

News

A rogue Liverpool landlord has been fined £30,000 for failing to get licences for two student HMOs three years after it was fined 45,000 for similar offences. Trophy Homes, which claims to operate within the 'luxury' student, co-living and general rental sectors, admitted

OFFICIAL: Landlords ARE quitting rented sector says Bank of England

OFFICIAL: Landlords ARE quitting rented sector says Bank of England

News

The Bank of England has joined the chorus of voices highlighting the worsening problem of landlords leaving the sector. Its findings in the latest Monetary Policy Report offer yet more proof that government tax and other policies are forcing out investors; it says demand for ren

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The top six misconceptions about limited company buy to let mortgages

The top six misconceptions about limited company buy to let 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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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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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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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.

How to tackle damp and mould as the mercury falls

How to tackle damp and mould as the mercury falls

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Damp and mould can affect your rental properties at any time of year; but issues are much more likely to occur in colder months.

Landlords with mortgages 'to get early Xmas present'

Landlords with mortgages 'to get early Xmas present'

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News
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Mortgage rates are likely to drop even further before the end of the year, providing some much-needed festive cheer for landlords.

Labour says renters face 'insecurity' but tenancies getting longer

Labour says renters face 'insecurity' but tenancies getting longer

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News
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Private renters are increasingly staying for longer in their homes, contrary to tenant groups’ argument that they face ‘insecurity of tenure’.

PIX: Shocking size of 'rooms' within illegal HMO revealed

PIX: Shocking size of 'rooms' within illegal HMO revealed

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News
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A rogue landlord who turned her three-bedroom bungalow into a 15-room unlicensed HMO where tenants slept on camp beds in windowless rooms has been handed a £12,000 fine.

HMO landlords should be Scrooge not Santa this Christmas

HMO landlords should be Scrooge not Santa this Christmas

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News
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Landlords have been advised not to let their tenants deck the halls with flammable holly during the festive season.

Government promises to fix cladding remiation problems by 2029

Government promises to fix cladding remiation problems by 2029

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News
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The government has set out new targets to fix unsafe buildings in England as part of its Remediation Acceleration Plan.

Gloucester plans clampdown on spread of HMOs

Gloucester plans clampdown on spread of HMOs

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News
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Gloucester Council is to apply for an Article 4 Direction in a bid to curb the number of shared houses in the city.

'Labour's reforms will cost landlords and tenants'

'Labour's reforms will cost landlords and tenants'

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The Renters’ Rights Bill will add extra costs for tenants as well as landlords, and it will cause landlords to leave the private rented sector

Property groups call for more homes, not rent controls

Property groups call for more homes, not rent controls

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Property groups have called on the Scottish government to focus on building homes rather than rent controls in a bid to address the country’s housing crisis.

Labour to spend £20m helping tenants fight evictions

Labour to spend £20m helping tenants fight evictions

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News
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Civil legal aid fees for eviction cases and immigration are to receive a £20 million boost, marking the first increase since 1996.

Looming open-ended tenancies to have 'unintended consequences for tenants'

Looming open-ended tenancies to have 'unintended consequences for tenants'

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News
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The Government should further consider its plans to mandate open-ended tenancies as a legal requirement, as set out in the Renters’ Rights Bill going through parliament.

New tech enables landlords to make money from solar

New tech enables landlords to make money from solar

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News
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A new tech launch allows landlords to generate and sell electricity from rooftop solar panels either to their tenants or back to the grid without going through the main meter.

Landlords: Get Your Properties Sold Fast and Cash in the Bank before the New Year!

Landlords: Get Your Properties Sold Fast and Cash in the Bank before the New Year!

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Thousands of landlords are feeling the pinch as rising costs, talk of rent caps, and upcoming EPC regulations add pressure to an already challenging rental market.

Allowing tenants to rent out homes via Airbnb 'a huge risk'

Allowing tenants to rent out homes via Airbnb 'a huge risk'

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News
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A leading letting agent has warned that a new Airbnb initiative allowing tenants to rent out their homes could put landlords at risk.

How to future-proof your rental business

How to future-proof your rental business

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Buy-to-let is a long-term investment, often requiring 15+ years to maximise returns. To ensure success over time, landlords should take these key steps to protect their rental business.

Right to Rent: Minister to fix 'broken' e-Visa system ahead of deadline

Right to Rent: Minister to fix 'broken' e-Visa system ahead of deadline

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News
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The Government has promised to fix significant glitches that have been reported within its e-VISAs system, which is used by landlords and letting agents to verify the Right to Rent status of prospective tenants.

'More lodgers are best solution to UK's housing crisis'

'More lodgers are best solution to UK's housing crisis'

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News
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Lodgers’ rental costs could revert to 2017 levels if just 1% of the UK’s 26 million spare rooms were rented, according to flat sharing site SpareRoom.

Government gives Northern city green light to begin selective licencing

Government gives Northern city green light to begin selective licencing

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News
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Blackpool council has received the go-ahead to start selective licencing in eight inner wards despite worries among some landlords about the consultation process that preceded the decision.

Pets charities call for stronger rights for tenants with dogs and cats

Pets charities call for stronger rights for tenants with dogs and cats

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News
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Scotland’s animal welfare organisations have called on MSPs to support stronger protections for pet owners in the private and social rental sectors ahead of a crucial debate in Holyrood.

Property Redress celebrates 10 years of growth and new look

Property Redress celebrates 10 years of growth and new look

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Property Redress, one of the UK’s leading independent redress providers for the property industry, is celebrating a decade of significant growth, with more than 20,000 member offices.

‘60-minute Makeover’ - checklist to winterproof properties

‘60-minute Makeover’ - checklist to winterproof properties

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Small, proactive steps can make a big difference, keeping tenants comfortable and protecting buildings from problematic mould and damp.

Bank data shows landlords were purchasing more commercial properties

Bank data shows landlords were purchasing more commercial properties

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There are optimistic signs, says Shawbrook Bank. Their data on the commercial property market shows a rebound

Accidental landlords 'a dying breed' warns mortgage expert

Accidental landlords 'a dying breed' warns mortgage expert

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News
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Accidental landlords are a dying breed, according to one mortgage expert, who blames government policy for their eventual demise.

Labour to outlaw 'rent in advance' requests by landlords

Labour to outlaw 'rent in advance' requests by landlords

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The Government is to make it unlawful for landlords and agents to ask prospective tenants for large sums of rent in advance, housing minister Matthew Pennycook has confirmed.

Lawyer questions Labour's 'fanciful' cost estimates for reforms

Lawyer questions Labour's 'fanciful' cost estimates for reforms

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News
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A leading property lawyer has poured scorn on government estimates that the Renters’ Rights Bill will cost landlords £12 per rented property each year.