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?
Rent-to-rent operators will try to avoid the changes set out in the Renters (Reform) Bill by not using ASTs, a leading property industry body has warned.
The rate at which rents have been rising has increased across the UK to record levels, official figures reveal today.
A group representing letting agents has slammed the chaotic growth of the private rented sector in recent years, calling for radical changes to solve the rental housing crisis this has created.
All Jersey’s landlords will need a licence from the beginning of next month after the Island’s government launched a scheme to improve standards in the PRS.
Average rent arrears owed by tenants to landlords have climbed by 27% so far this year, new data reveals.
The government has urged the Competition and Markets Authority (CMA) to review the boiler supply market amid fears that a lack of competition is leading to higher prices.
Evictions expert Paul Shamplina has called for a rogue tenant database to be established, pointing out that bad letting agents and landlords face being named and shamed via official schemes, but tenants do not.
Rental reform campaigners have staged a protest outside Michael Gove’s official residence in central London, calling on the housing secretary to implement his promised Section 21 evictions ban.
More than 84,000 households have been put at risk of homelessness due to no-fault evictions since 2019, renting campaigners have claimed.
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