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TRENDS: Rental sector you've never heard of is growing the fastest

TRENDS: Rental sector you've never heard of is growing the fastest

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The co-living sector grew by 65% in 2023 - nearly 2,500 new beds - and looks set to treble to more than 20,000 beds by 2027.

OFFICIAL: BTL mortgage arrears and repossessions rise

OFFICIAL: BTL mortgage arrears and repossessions rise

News

A growing number of landlords are ending up in mortgage arrears and having their rental properties repossessed.

Eviction courts still not ready for Section 21 ban, says top lawyer

Eviction courts still not ready for Section 21 ban, says top lawyer

News

A top property lawyer is adamant the courts won’t be able to handle a two-fold increase in possession actions when Section 21 is abolished.

INTERVIEW: The HMO expert setting up ambitious service for UK landlords

INTERVIEW: The HMO expert setting up ambitious service for UK landlords

News

An HMO sales firm has launched with the ambitious aim of becoming the sector’s go-to property platform.

DO YOU? 70% of landlords BACK 'rent controls of some kind'

DO YOU? 70% of landlords BACK 'rent controls of some kind'

News

A majority of landlords back some form of rent control, a new poll by a leading letting agency has revealed, as the likelihood of Labour ‘interference in rent pricing’ increases.

'120,000 more homes needed if rents are to reduce'

'120,000 more homes needed if rents are to reduce'

News

Rents are rising at record levels because the private rental sector needs an extra 120,000 homes, the UK’s largest property portal has claimed.

Commercial property space is recovering slowly amid changing requirements

Commercial property space is recovering slowly amid changing requirements

News

A patchy and slow recovery across the commercial property sectors is boosted by the prospect of interest rate cuts

Support for Tories among renters HALVES in five years

Support for Tories among renters HALVES in five years

News

The number of renters who plan to vote Conservative on Thursday has halved since the last election, from 20% to just 10%, according to a new poll. Zero percent of student tenants said they'd back Sunak.

Landlords and agents call for renting reforms to be passed ASAP

Landlords and agents call for renting reforms to be passed ASAP

News

The NRLA has joined forces with property leaders to call for the next government to pass the Renters (Reform) Bill as a matter of urgency.

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BTL mortgage rates fall despite interest rate hold

BTL mortgage rates fall despite interest rate hold

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The Bank of England has resisted the temptation to cut interest rates, which remain at 5%.

REPORT: Scots law fails to significantly improve PRS

REPORT: Scots law fails to significantly improve PRS

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Legislation in Scotland has done little to improve affordability in the PRS, according to new research.

Utilita Energy Helps Landlords Winterproof Properties in Fight Against Mould and Damp

Utilita Energy Helps Landlords Winterproof Properties in Fight Against Mould and Damp

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Times are hard for tenants and landlords alike and this coming winter is causing a worry for many. Almost a quarter of households are already in energy arrears and 9 out of 10 households are worried about increasing energy bills. With heating being the largest proportion of the average energy bill,

Tenant lifestyle not always to blame for damp, says legal expert

Tenant lifestyle not always to blame for damp, says legal expert

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Landlords should not be so quick to lay the blame on tenants for problems and instead use new tools to tackle issues.

Rental prices continue to climb at near-record rate

Rental prices continue to climb at near-record rate

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Average UK private rents increased by 8.4% in the 12 months to August, down from 8.6% in the 12 months to July.

Portfolio landlords buying more properties through companies

Portfolio landlords buying more properties through companies

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Landlords who use limited company structures are incorporating a much larger proportion of their portfolios to mitigate tax changes.

Generous renters dip deep to help homeless youngsters

Generous renters dip deep to help homeless youngsters

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Kind-hearted mydeposits customers have donated more than £66,000 of interest earned on their deposits to the Centrepoint charity.

New rules on standards as Renters’ Rights Bill published

New rules on standards as Renters’ Rights Bill published

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The Government’s Renters’ Rights Bill has been published and could be introduced as soon as spring next year. James Kent, the NRLA’s Chief Innovation Officer and founder of the digital compliance platform Safe2 explores what the Bill proposes when it comes to safety and standards in your rental home

Landlords urged to offer more tenant-friendly technology

Landlords urged to offer more tenant-friendly technology

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Nearly three-quarters of UK tenants (73%) who aren’t using digital tools in their rental properties would like to give them a try.

Rent Review

Rent Review

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Question - Rent Review - my landlord is asking for far more rent than I expected on review. Am I obliged to pay this?Answer - Commercial leases are contractual - the parties agree to and are bound by its clauses and that includes rent review provisions.The rent review process is a way of periodic

Re-selling Energy

Re-selling Energy

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Re-selling Energy - As a landlord am I able to make a profit by re-selling electricity or gas?</h2>Resale of Gas and ElectricityThe maximum amount that Residential Landlords or resellers� are permitted to charge for gas or electricity is the amount they

Providing a Reference

Providing a Reference

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Providing a Reference - I have been asked to provide a reference for one of my tenants who is moving on. What is my legal position in this and am I putting myself at risk if I say he was a bad tenant?</h2> Referencing (seeking verification of a tenants past performance) is an increasi

Polystyrene Ceiling Tiles

Polystyrene Ceiling Tiles

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Polystyrene Ceiling Tiles - is it legal to have these tiles in the kitchen of a rental property?</h2> There are currently no regulations specifically banning the use of polystyrene ceiling tiles in existing rented property.However, it is unlikely that local authority fire officers and en

Misrepresentation

Misrepresentation

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Misrepresentation - We recently rented out our rural cottage to a couple. As they wanted to use their computers I said it was possible to get high-speed broad-band. I thought this would be possible but it seems it is not at this time. The couple are now claiming that I misled them and that

Mail for Previous Tenants

Mail for Previous Tenants

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I'm receiving mail for previous tenants and some of them are from debt collectors. Will this get my property black listed and cause problems for my current tenants and myself in the future?</h2> It's fairly common to have mail arriving for months and even years after residents have left,

Long Term AST

Long Term AST

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Long Term AST - My prospective tenant has asked for a tenancy term of 6 years. Can I use the usual Assured Shorthold Tenancy agreement for this?</h2> The Assured Shorthold Tenancy is the default tenancy for residential lettings and since October 2010 this applies to rents up to �100,000

Lodgers Limits

Lodgers Limits

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Lodgers Limits - Is there any limit to the number of rooms I can rent out to lodgers, and are there any planning implications ?</h2> There are several parts of legislation in England and Wales that affect this question. Perhaps four main ones apply: Health &amp; Safety (HHSRS), HMO, Over

How long should accounts be kept

How long should accounts be kept

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Question: How long should accounts be kept to satisfy the authorities, things like accounting files, invoices and tax records, as a property landlord?Answer: You must keep your records for 6 years after the tax year to which they apply, whether or not you complete a tax return.It's a good idea, a

Expiry of Section 21 Notice

Expiry of Section 21 Notice

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Expiry of Section 21 Notice - I have served a Section 21 (s21) Notice on my tenant but don't wish to start proceedings immediately. Can I wait without the notice expiring?Once a Section 21 notice has been served correctly it continues indefinitely, until such time as the tenancy is ended, either

Covenant and Covenant Strength

Covenant and Covenant Strength

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Covenant and Covenant Strength - What is a legal covenant and what is the significance of the terms in relation to rental property and lettings ?</h2>The term covenant can have several meanings and has biblical origins but it is of particulalry significance

10 year lease

10 year lease

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2 years ago I purchased a company with a 10 year lease from my ex boss, on a 10 year lease, the lease was set up by a solicitor. After 2 years the business is struggling and is not viable. I feel that my solicitor ill advised me as there was no break clause mentioned. Where do I stand on t

Uncollected Goods

Uncollected Goods

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Good Left in the Premises or Uncollected GoodsFrequently, tenants leave goods after their tenancy has concluded or when they have abandon the premises during a tenancy. Uncollected goods and possessions left or abandoned in premises by tenants can pose a real problem for landlords.

Standing Order

Standing Order

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<h1 Standing Order</h1>What are Bankers' Standing Orders?</h3><ul <li Standing Orders allow landlords to automate the process of collecting rents</li> <li They safeguard tenants in that the landlord cannot change the payment amount, as is the case with direct debit

Section 8 Procedure

Section 8 Procedure

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The Possession Procedure - 1988 Housing ActThe possession procedure under Section 8 of the Housing Acts 1988 &amp; 1996 is known as the Section 8 Route and is available to landlords where the tenant is in breach of one or more terms of

Renting Business Premises

Renting Business Premises

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Renting or Leasing Commercial Property Renting commercial property usually represents a major part of the operating costs involved in running any business. If you include surveyor's and solicitor's fees, rent, business rates, insurance,

License Agreement

License Agreement

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Types of Tenure: A tenancy gives the tenant a legal interest in the land and property - in effect, legal ownership for the period of the tenancy. Tenancies can take several forms: <ul <li Rent Act or Regulated Tenancies - pre </li> <li

Joint or Single Tenancies

Joint or Single Tenancies

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<h1 Joint or Single Shared Tenancies</h1>Shared House (Joint Tenants) or Individual Rooms (Single Tenants)? Where a landlord lets to multiple and usually unrelated tenants there are two main ways of doing this:(1) As a Joint Tenancyng

Common Law Tenancies

Common Law Tenancies

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These are tenancies that fall outside the scope of the Housing Acts (1988, 1996, 2004), including the Regulated Tenancies, Assured Tenancies (AT) and Assured Shorthold Tenancies ASTs.In the case of a common law residential tenancy , the tenant's rights and obligations are ma

Business Tenancies

Business Tenancies

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What are Business Tenancies ?A tenancy is an "estate in land", granted for a determined period of time (term of years or fixed term - 6 months,1 year, 21 years, 99 years etc) or a specific period (a periodic tenancy - yearly, monthly, weekly, even daily).In return for the "time lim

Gas Safety

Gas Safety

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Landlord's Duty to Ensure Installations are SafeAll Landlords have a common law duty to ensure that gas installations and appliances supplied with their properties are safe. Tenants also have certain legal obligations when it comes to gas safety - see below.I

Gas & Electrical Certificates

Gas & Electrical Certificates

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Landlords' Gas and Electrical Safety Certificates:As a landlord, or as a letting agent acting on the landlord's behalf, you have a legal obligation to ensure that your accommodation is completely safe for your tenants.Several statutory regulations and general common law requirement

Furnished or Unfurnished

Furnished or Unfurnished

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Letting and residential property fully furnished, part-furnished or unfurnished in England &amp; Wales no longer has any implications regarding security of tenure for the tenant or for taxation. However, Council Tax and the 10% Depreciation Allowance may be affected - you don't pay Council Tax du

Fire Certificate

Fire Certificate

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What was the Fire Certificate is no longer required as it was previously under the Fire Precautions Act 1971 for hotels, boarding houses, factories, offices, shops and railway premises. All these premises must comply with Fire Regulations, now covered by t

False Statements By Tenants

False Statements By Tenants

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Ending a residential tenancy on the ground of "false statement by the tenant "The Housing Act 1988 as amended by the Housing Act 1996 makes provision for the possession of residential properties let under Assured and Assured Shorthold Tenancies.However