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?
Fewer than 17,500 purpose-built student beds are expected to be added in the coming academic year, representing only 0.6% growth.
The new Labour government won’t wait to improve the court system before abolishing Section 21, predicts a top property lawyer.
Nearly 200,000 private renters haven’t had their deposits protected under an authorised scheme, according to new government data.
Property experts have warned that Labour’s promise to finish the job of ending the “feudal” leasehold system could complicate leaseholders’ situation.
A major high street lender has changed the terms and conditions of its mortgages to enable landlords to rent their properties out on short-term and holiday let sites such as Airbnb and Booking.com during void periods.
A Midlands council is on an unusual mission to get more students living in purpose-built student accommodation (PBSA) instead of traditional HMOs.
This morning’s King’s Speech to a packed House of Lords has revealed Labour’s radical plans for landlords, letting agents and tenants.
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