Rent arrears jumped by 44% to an average of £2,597 during the final three months of 2024, latest year-on-year figures reveal, while on a quarterly basis they increase by 26%.
Landlords know the score – it’s tough out there and hordes of Landlords are rushing to sell before Section 21 is abolished.
New data reveals that 20% of landlords across England and Wales have sold property during the last 12 months, almost three times more than the 7% who had bought new homes to rent.
One of the UK’s largest tenant referencing firms has warned that the restrictions to be placed on landlords by the looming Renters’ Rights Bill will push up rent arrears.
The new Labour Government has been busy changing the rules on EPCs for rentals and there’s ongoing consultation exercises to decide what changes are needed
A landlord has been fined almost £5,000 after being found guilty for a second time of operating an illegal HMO.
Middlesborough Council has brought in new planning restrictions to clamp down on the “wrong sort of HMOs”.
Gateshead is to push ahead with new property licensing schemes despite local landlords and letting agents opposing them including 93% saying the fees are ‘too high’.
Rental property yields are shrinking as the costs created by more regulations and legislation eat into landlord profits – so is it time more BTL landlords became SME developers?
The final list of amendments to the Renters (Reform) Bill has been published by parliament ahead of tomorrow’s third reading of the legislation, during which each will be discussed and voted on.
80% of landlords practise proactive property maintenance measures to prevent problems
It’s a mixed bag for landlords at the moment, with previous uncertainties around EPC regulations and the stress of mortgage repayments
Student landlords have won some concessions on evictions within a government amendment to the Renters Reform Bill.
The Scottish government wants landlords’ views on its new Housing Bill, which focuses on rent control and tenants’ rights.
A leading landlord has warned that Labour’s radical plans for the private rental sector are deeply worrying and could easily lead to a wholesale exit from the sector.
A landlady in London faces prison unless she pays a Proceeds of Crime Act Confiscation Order totalling £51,983.
Leaseholders who pay ground rents are to have their levy capped at a maximum amount of £250 as Gove is forced to water down his radical proposals
An appeal court judge has granted 134 property investors leave to contest a single ‘class action’ claim against a solicitor which is alleged to have provided negligent professional advice on an investment scheme.
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