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Collapse of firms behind student accommodation scheme blamed on 'over-supply'

Collapse of firms behind student accommodation scheme blamed on 'over-supply'

News

Millions owed to a lender by businesses which collapsed due to the oversupply of student accommodation in Newcastle are unlikely to be recovered.

PLANNING: Will this soon be Britain's biggest-ever HMO?

PLANNING: Will this soon be Britain's biggest-ever HMO?

News

A private landlord in Kent has submitted plans for what will be the UK’s largest HMO if the scheme gets the go-ahead.

RESEARCH: Smaller properties offering best yields to landlords

RESEARCH: Smaller properties offering best yields to landlords

News

Flats and smaller houses make the best buy-to-let investment for landlords, having seen the strongest annual increase in average yield compared with other property types during the past 12 months.

'Pension funds and investment firms will be tomorrow's landlords'

'Pension funds and investment firms will be tomorrow's landlords'

News

Traditional private landlords are rapidly being replaced by pension funds and private equity firms seeking to capitalise on the lucrative build-to-rent sector.

Scandal hit social housing REIT winding down

Scandal hit social housing REIT winding down

News

Home REIT, the investment trust marketed as the dream scheme to house 10,000 homeless and needy tenants, and a sure-fire investment alternative in property, is folding with extensive debts and legal claims

'HMOs do not deny homes to families and first time buyers'

'HMOs do not deny homes to families and first time buyers'

News

A councillor in the North of England has pushed back against unlikely claims that large firms operating HMOs are ‘taking away his town’s family homes’.

ADVICE: '5 simple steps to take your property portfolio to the next level'

ADVICE: '5 simple steps to take your property portfolio to the next level'

Information

Looking to boost your property portfolio? Below are the five factors you must consider before your next property purchase.

Tribunal slams 'reprehensible' landlord who illegally evicted nurse

Tribunal slams 'reprehensible' landlord who illegally evicted nurse

News

A landlord who sub-let an unlicensed HMO, failed to pay thousands of pounds in rent to the owner and illegally evicted a tenant has been handed a £4,872 rent repayment order.

Planners green light first rental homes from John Lewis

Planners green light first rental homes from John Lewis

News

John Lewis has finally received the green light to begin its transformation into a build-to-rent landlord after Bromley Council approved its plans for 353 rental homes.

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Landlord mortgage costs leap to nearly 40% of rental income

Landlord mortgage costs leap to nearly 40% of rental income

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The average mortgaged landlord paid 37% of their rent on mortgage interest in August, up from a low of 24% in November 2021, according to Hamptons.

30 campaigning groups write to Rishi urging landlord reforms

30 campaigning groups write to Rishi urging landlord reforms

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Thirty charities and non-profit organisations have written to the Prime Minister urging him to ensure the Renters Reform Bill is passed during this Parliament.

Property 'dating service' for landlords and tenants launches

Property 'dating service' for landlords and tenants launches

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A WhatsApp-style ‘dating service’ designed to marry up landlords and tenants has launched seeking to simplify London’s ‘chaotic’ private rented sector and rival established portals such as Rightmove and Zoopla.

40 per cent of tenants are struggling with rent payments

40 per cent of tenants are struggling with rent payments

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News
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There’s now a significant proportion of adults in the UK struggling to meet their rent or mortgage payments

Buy-to-let profits nosedive for new buyers

Buy-to-let profits nosedive for new buyers

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News
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Landlords who took out a new mortgage between April and June this year made an annual cash loss for the first time since 2007.

Absentee landlord handed fine for ignoring tenants

Absentee landlord handed fine for ignoring tenants

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A landlord who ignored improvement notices on his two unlicensed properties has been handed a £15,000 fine by magistrates.

Can tenancy contracts be signed electronically?

Can tenancy contracts be signed electronically?

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It is very convenient and timely to accept documents relating to tenancies signed electronically and transmitted electronically - are they legal valid?

Agency pays high price for harassing tenants

Agency pays high price for harassing tenants

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News
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A letting agency in Hove has been ordered to pay nearly £69,000 for “abhorrent and vile” behaviour towards its tenants.

Kids and pets raise the cost of renting

Kids and pets raise the cost of renting

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News
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Renters with pets or children are paying as much as £460 more during their tenancy compared to other renters.

What does it take to be a successful landlord in the new regime? with Suzanne Smith

What does it take to be a successful landlord in the new regime? with Suzanne Smith

Podcast
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We talk to lawyer turned self-managing landlord, Suzanne Smith, founder of The Independent Landlord.blog and co-host of a weekly podcast called Good Landlording.

Council says £840 licencing scheme has seen 'incredible improvement'

Council says £840 licencing scheme has seen 'incredible improvement'

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Nottinghamshire local authority Gedling Council is relaunching selective licensing in its Netherfield ward in the new year after seeing “incredible improvements” to living standards.

Government promises to tackle business rates anomalies

Government promises to tackle business rates anomalies

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Following years of lobbying, Labour has promised to act on what is generally agreed is an unfair UK business rates system

Labour to 'go further' than Tories with holiday lets regulation

Labour to 'go further' than Tories with holiday lets regulation

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News
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Housing Minister Matthew Pennycook has hinted heavily that the government will go further than the Tories in its bid to regulate holiday lets.

Labour's Manchester mayor urges landlords not to quit sector

Labour's Manchester mayor urges landlords not to quit sector

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Mayor of Greater Manchester Andy Burnham has confirmed he doesn’t want landlords to exit the market, in marked contrast to comments made by his national Labour colleagues in Parliament.

Rents to rise faster than property values over next three years

Rents to rise faster than property values over next three years

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News
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Hamptons predicts that rents will rise by 17% between 2024 and 2027, outpacing house price growth of 12.5%.

Why it's time for landlords to get digital

Why it's time for landlords to get digital

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Now is a great time for landlords to look at ways to manage their property portfolios online as wide-reaching legislation change looms, including a new digital Private Rented Sector database.

Half of Facebook rental ads are fake, claims Generation Rent

Half of Facebook rental ads are fake, claims Generation Rent

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More than half the rental listings on Facebook Marketplace are likely to be scams, according to an investigation by Generation Rent.

First meeting of London Rent Commission held at City Hall

First meeting of London Rent Commission held at City Hall

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The group, which includes politicians and activists, say the commission is the step toweards rent controls in the capital.

Total Landlord wins 'best insurance provider' for SEVENTH time

Total Landlord wins 'best insurance provider' for SEVENTH time

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For the seventh year, Total Landlord, part of Total Property, has been named the 'Best Landlord Insurance Provider' at the Insurance Choice Awards 2024.

Rents in England close to 'affordability ceiling' says Savills expert

Rents in England close to 'affordability ceiling' says Savills expert

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News
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Rents will carry on rising next year as the supply of rental homes continues to be outstripped by supply – but an ‘inflection point’ where rents become too expensive for many tenants will eventually arrive, and already has done in London.

Big London council votes to hugely extend selective licencing

Big London council votes to hugely extend selective licencing

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Decision by Lambeth councillors comes just a few months after an initial and expensive four-ward scheme went live.

RICS reports that the Budget gives a mixed bag for property

RICS reports that the Budget gives a mixed bag for property

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There are Autumn Budget winners and losers in the property industry as a whole

Government rejects calls for longer licencing schemes

Government rejects calls for longer licencing schemes

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News
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The Government has rejected calls for 10-year selective licensing schemes and insists that the government recognises the burden that licensing puts on landlords.

LATEST: Bank of England cuts base rate by 0.25%

LATEST: Bank of England cuts base rate by 0.25%

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The Bank of England has cut interest rates from 5% to 4.75%, providing some welcome cheer for landlords looking to invest and remortgage.

Rent arrears climb by 22% as 'cost of living' crisis continues

Rent arrears climb by 22% as 'cost of living' crisis continues

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The average rent arrears claim climbed to £2,064 in the third quarter of this year, a 22% rise on the same period last year.

Housing minister says rent controls would damage landlords and tenants

Housing minister says rent controls would damage landlords and tenants

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Housing minister Matthew Pennycook has said rent controls in England would hit both tenants and landlords negatively by reducing supply and discouraging investment.

Generation Rent hires former Labour MP and housing campaigner

Generation Rent hires former Labour MP and housing campaigner

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Former Labour MP Dame Karen Buck has been hired as Generation Rent’s new chair of the board.

Landlording 'not a real business' says Green politician

Landlording 'not a real business' says Green politician

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Scotland’s Housing Bill has been diluted to keep landlord lobbyists happy rather than focusing on renters’ needs, according to a Green MSP.

Landlord trio given UK's largest ever HMO fine

Landlord trio given UK's largest ever HMO fine

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Three rogue landlords who operated a string of unlicensed and unsafe HMOs across Northampton have been collectively fined a whopping £452,796.

New property 'powerhouse' organisation being planned

New property 'powerhouse' organisation being planned

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News
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The formation of a new ‘powerhouse’ organisation to represent the commercial property sector including build-to-rent and co-living is under way, it has been announced.

Labour confirms plan to force landlords to lease out shops

Labour confirms plan to force landlords to lease out shops

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Labour has confirmed that it will compel landlords of high street shops to rent out their premises if they stand empty for too long.

First dates live for new NRLA Renters’ Rights course

First dates live for new NRLA Renters’ Rights course

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The NRLA is launching a new course, which will guide landlords through the new legislation.

Early signs of a turnaround in commercial property demand

Early signs of a turnaround in commercial property demand

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Commercial property has been hit hard over the Covid period. Rightmove, with its copious amounts of data, has identified something of a turnaround

Landlord and former estate agent becomes shadow housing secretary

Landlord and former estate agent becomes shadow housing secretary

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A former estate agent who founded one of the UK’s largest property firms has been named by Kemi Badenoch as shadow housing secretary.