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Room for optimism in rental market despite agents' gloomy forecast

Room for optimism in rental market despite agents' gloomy forecast

News

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

News

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

News

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

News

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

News

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

News

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

News

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

News

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

The average UK household will lose over �2,000 in income this year

The average UK household will lose over �2,000 in income this year

News

According to a new report just out by the Resolution Foundation (RF), UK households face a torrid time in the coming months in what is going to be the worst cost-of-living crisis in living memory. Its the aftermath of a Covid pandemic that involved massive Government borrowin

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Renting reforms will cause 'gridlock' in justice system says Badenoch

Renting reforms will cause 'gridlock' in justice system says Badenoch

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The government has been accused of pressing ahead with renter reform measures that will cause gridlock in the justice system, and pit landlords and tenants against each other in protracted litigation.

Few MPs defend landlords during Renters' Rights Bill debate in Commons

Few MPs defend landlords during Renters' Rights Bill debate in Commons

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News
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Few MPs stood to defend landlords during yesterday’s second reading of the Renters' Rights Bill in parliament, but a few did - with all of them being Conservative.

Landlords 'selling up' ahead of expected CGT rise says RICS

Landlords 'selling up' ahead of expected CGT rise says RICS

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Landlords listing their properties for sale before potential capital gains tax rises are adding to a widening divide between supply and demand, report letting agents from around the UK.

Renting reforms 'to drive huge increase in tenancy disputes'

Renting reforms 'to drive huge increase in tenancy disputes'

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News
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The Renters’ Rights Bill is expected to fuel a surge in tenancy disputes following a 20% rise last year.

Council to restrict HMOs despite 'no evidence' residents cause crime

Council to restrict HMOs despite 'no evidence' residents cause crime

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A big Midlands council has revealed plans to introduce an Article 4 direction across the borough while admitting that there is no strong link between HMOs and crime.

Renting reforms 'will go nowhere unless courts properly funded'

Renting reforms 'will go nowhere unless courts properly funded'

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News
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Lawyers have warned that an underfunded justice system will hinder any progress made in strengthening renters’ rights.

'Hold your nerve: Watch, wait, and don’t panic'

'Hold your nerve: Watch, wait, and don’t panic'

Opinion
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The biggest news to hit the private rental sector in 25 years is here: the Renters' Rights Bill. Scheduled for its second reading today, 9 October, this Bill is poised to reshape the landscape for landlords and tenants alike.

Renters’ Rights Bill: how concerned should we be?

Renters’ Rights Bill: how concerned should we be?

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Here’s an initial reaction to the Renters’ Rights Bill, thoughts that could change as it progresses through parliament - the second reading is today.

Funding confirmed for EPC improvements – but will it be enough?

Funding confirmed for EPC improvements – but will it be enough?

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A new funding pot has been announced to support energy efficiency improvements in England.

Renting reforms will 'break' local councils warn environmental health officers

Renting reforms will 'break' local councils warn environmental health officers

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News
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The Chartered Institute of Environmental Health (CIEH) has warned that the Renters’ Rights Bill will place a huge enforcement burden on already stretched local councils.

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

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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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News
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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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News
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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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News
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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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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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News
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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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News
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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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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