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Number of tenants looking for properties to rent drops 39%

Number of tenants looking for properties to rent drops 39%

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Rental growth has slowed to its lowest level for nearly three years while demand has dropped by 39% during the past 12 months.

Northern city named best BTL hotspot with 13.1% gross yield

Northern city named best BTL hotspot with 13.1% gross yield

News

As house prices have risen sharply in recent decades, many had thought that the sub-£100,000 house that returned double-digit gross returns had gone for good.

Scottish rent rises top charts after controls end

Scottish rent rises top charts after controls end

News

The Scottish government’s failure to plan for the end of temporary rent controls has led to rents rising faster than in most other parts of the UK.

Generation Rent boss urges landlords to absorb costs

Generation Rent boss urges landlords to absorb costs

News

Landlords can bear the brunt of longer notice periods due to charging high rents, according to Generation Rent.

Manx council moves to restrict holiday let growth

Manx council moves to restrict holiday let growth

News

An Isle of Man village has become the latest authority to clamp down on the growth in short-term lets.

NEW: Councillors vote through selective licensing and higher fees

NEW: Councillors vote through selective licensing and higher fees

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Burnley councillors have recommended that its three selective licensing schemes covering some 2,000 homes be extended for another five years following a three-month-long consultation. The schemes in Burnley Wood and Healey Wood, along with the Leyland Road area of the town, were

NEW: Royal family make £1.4m a year from holiday lets

NEW: Royal family make £1.4m a year from holiday lets

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The Royal Family could be raking in £118,775 each month from their holiday let portfolio, adding up to a lucrative annual rental income of more than £1.4 million.

3,000 landlords are under 21 years old, reveals finance data

3,000 landlords are under 21 years old, reveals finance data

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Gen Z are rushing to invest in buy-to-let property, with more than 3,000 buy-to-let landlords in the UK now under the age of 21.

Landlord given police caution after assaulting tenant over 'arrears'

Landlord given police caution after assaulting tenant over 'arrears'

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A landlord who reportedly attacked a tenant after he complained about serious disrepairs has been handed a police caution.

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LATEST: Ministers say new PRS Ombudsman must tackle mould complaints

LATEST: Ministers say new PRS Ombudsman must tackle mould complaints

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The Government has announced plans to tackle mould within the private and social housing sectors through updated guidance and iniatives. Announced late on Friday before a midnight deadline set by the Coroner during the inquest looking into the death of toddler Awaab Ishak, the i

Room for optimism in rental market despite agents' gloomy forecast

Room for optimism in rental market despite agents' gloomy forecast

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The majority of letting agents expect to see more landlords leave the market in 2023, against a backdrop of rising arrears and falling https://www.landlordzone.co.uk/news/december-dip-makes-small-dent-in-rising-house-prices/" house prices . Goodlord reveals tha

Government urged to ban sale of gas boilers within a decade

Government urged to ban sale of gas boilers within a decade

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New and replacement gas boilers should be banned by 2033, two years earlier than current plans, according to the governments net zero tsar. Conservative MP Chris Skidmore believes it should make the decision to decarbonise homes by next year to help the country meet its clima

Alarm as Scottish ministers look to extend rent controls

Alarm as Scottish ministers look to extend rent controls

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The Scottish government has admitted it is considering long-term proposals for rent control after the https://www.landlordzone.co.uk/news/leading-letting-agent-slams-chaotic-rent-freeze-announcement-in-scotland/" Cost of Living Act has expired. Minister for Te

Secretive landlord ordered to pay �37,000 for exploiting tenants

Secretive landlord ordered to pay �37,000 for exploiting tenants

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A rogue landlord who created false identities and fake letting agencies as part of an elaborate web of misinformation designed to exploit his tenants has been fined �12,000 and ordered to pay �25,000 costs.   Thomas Flight, who owns flats on Portland Square in ht

Landlord deals to come under close scrutiny as cost-of-living rises bite

Landlord deals to come under close scrutiny as cost-of-living rises bite

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Tougher checks on lending to buy-to-let https://www.landlordzone.co.uk/news/office-blocks-and-high-streets-provide-hope-for-canny-investors/" investors are on the cards after the Bank of England warned it would scrutinise risky areas more heavily due to rising interest ra

BLOG: Will the last landlord to leave Scotland please turn out the lights

BLOG: Will the last landlord to leave Scotland please turn out the lights

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With the consistent implementation of draconian legislation over the last year from the Scottish Government, its no surprise that more landlords are leaving the private rented sector than ever before. Although some may cheer at the news, what they fail to realise is that the

Experts join forces to share knowledge and raise redress standards

Experts join forces to share knowledge and raise redress standards

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The Property Redress Scheme's (PRS) advisory panel has chosen experts from across the sector to join its new member panel. The UKs largest lettings redress scheme, covering more than 13,250 letting agency branches, launched the panels as new, open, and transparent forums to b

Bid to ditch stamp duty benefit for BTL investors thrown out by MPs

Bid to ditch stamp duty benefit for BTL investors thrown out by MPs

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MPs have voted against an amendment to prevent a tax cut from applying to buyers of second and additional homes. During a debate on the Stamp Duty Land Tax (Reduction) Bill, Opposition Treasury Secretary Abena Oppong-Asare said that a clause which increases the threshold for peo

Lenders warn of 'challenging' year ahead for landlords

Lenders warn of 'challenging' year ahead for landlords

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Economic headwinds are set to shrink purchases in the buy-to-let market by 7% next year to £9 billion, predicts UK Finance.

Norwich landlords fume over missing rental payments

Norwich landlords fume over missing rental payments

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Landlords in Norwich are chasing thousands of pounds in rent payments from a letting agency which appears to have gone under.

Tenant demo in London calls for rent controls

Tenant demo in London calls for rent controls

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Hundreds of tenants have staged a protest in central London calling for the government to introduce rent controls.

Major national park moves to restrict holiday lets

Major national park moves to restrict holiday lets

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One of the UK’s larger national parks is planning to stop any new homes that are built within it being used as holiday/short lets or second homes.

Legal Matters: Serving notices, don’t fall foul of the law

Legal Matters: Serving notices, don’t fall foul of the law

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A crucial task for landlords and agents is to correctly serve statutory notices and other documents

What should the new rental contracts be called? Have your say!

What should the new rental contracts be called? Have your say!

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Property experts are pondering what the government might name new tenancies created by the Renters’ Rights Bill.

Council takes unusual approach to signing off HMOs

Council takes unusual approach to signing off HMOs

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A district council has come up with a set of exceptional circumstances to help decide when to give the go-ahead to new HMOs.

Student landlord lands £2.3 million refinancing deal

Student landlord lands £2.3 million refinancing deal

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A landlord in Liverpool has secured £2.3 million to refinance eight student HMOs within the city and unusually has gone public about the deal.

Letting agent slams police over 'lack of justice'

Letting agent slams police over 'lack of justice'

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A letting agent has criticised police who failed to act when vandals threw a brick through one of his tenant’s windows.

Landlords, Fed Up with the Labour Government? Sell your Portfolio NOW

Landlords, Fed Up with the Labour Government? Sell your Portfolio NOW

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The never-ending onslaught of landlords, including the abolition of Section 21, tough EPC rules, and changes to stamp duty, have left landlords fed up and thinking of throwing in the towel.

Energy firms called out over HMO tenant utility bill problems

Energy firms called out over HMO tenant utility bill problems

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A tenants’ champion has slammed energy companies for failing to help renters with energy bill problems at HMOs.

Landlords fume after letting agency shuts down owing money

Landlords fume after letting agency shuts down owing money

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Northwood letting agency in Romford has gone bust, leaving angry landlords out of pocket.

Most labour-voting landlords now regret their decision

Most labour-voting landlords now regret their decision

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Most landlords who voted Labour wouldn’t do it again, a new survey from buy-to-lender Landbay has found.

RICS reports first dip in tenant demand since 2020

RICS reports first dip in tenant demand since 2020

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Surveyors are the latest group to report a cooling rental market in the UK, with a slowing in demand among tenants for the first time since 2020.

Big town in south reveals plans for more HMO licencing

Big town in south reveals plans for more HMO licencing

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Reading Council has given the go-ahead for an additional licensing scheme in the town – and defended the rising costs set to hit landlords.

Campaigners urge MPs to back more severe renting reforms

Campaigners urge MPs to back more severe renting reforms

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Generation Rent has urged renters to get more MPs backing amendments to the Renters’ Rights Bill.

LATEST: Rental market cooling as landlord 'sell off' eases

LATEST: Rental market cooling as landlord 'sell off' eases

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Rental growth in the UK has dropped to 3.9%, its lowest level in more than three years and down from 9.1% a year ago.

Demand for accessible homes grows as renting population ages

Demand for accessible homes grows as renting population ages

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Demand for accessible homes is growing as the tenant population ages, a leading estate agency has reported, calling on Labour to help landlords finance upgrades.

COMMENT: Tax trap has landlords in a quandary

COMMENT: Tax trap has landlords in a quandary

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With substantial capital gains gathered within your properties, selling the whole portfolio will probably leave you exposed to a substantial capital gains tax bill

Welsh Government reveals 'baffling' stamp duty rise for landlords

Welsh Government reveals 'baffling' stamp duty rise for landlords

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The Welsh Government has followed its counterparts in England and Scotland and raised the stamp duty that landlords buying rental properties must pay, effective from tomorrow.

Renting reforms will be 'costly ride' for landlords warns expert

Renting reforms will be 'costly ride' for landlords warns expert

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Landlords may need to prepare for a turbulent and potentially very costly ride once the Renters’ Rights Bill becomes law, a financial expert has warned.

Judge orders landlord to pay back tenants £44,000

Judge orders landlord to pay back tenants £44,000

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A landlord has been ordered to pay six tenants a whopping £44,358 after failing to provide an excuse for operating an unlicensed HMO.

People over 55 years old are 'fastest-growing tenant group'

People over 55 years old are 'fastest-growing tenant group'

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Tenants heading for retirement age are the fastest growing group privately renting in England, according to new figures.

Campaigners target landlord's workplace over leaky flat

Campaigners target landlord's workplace over leaky flat

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Tenant group Acorn has protested outside a landlord’s shop after he refused to return a former tenant’s deposit in a dispute over a leak.

City council slammed for 'double standards' over HMO licensing

City council slammed for 'double standards' over HMO licensing

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Edinburgh Council has responded to accusations of double standards when housing homeless people in 30 unlicensed HMOs by moving tenants out of the properties.