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Council closes HMO after surprise visit reveals nightmare property

Council closes HMO after surprise visit reveals nightmare property

News

A landlord who rented out his unlicensed, seven-bedroom HMO to 13 tenants has been ordered to pay £3,000.

COMMENT: Rent rises not profiteering but just 'landlords tracking costs'

COMMENT: Rent rises not profiteering but just 'landlords tracking costs'

News

In February the average BTL mortgage rate fell to 5.5% which is the lowest since September 2022.

MPs urge Ministers to 'sort out' Local Housing Allowance rises

MPs urge Ministers to 'sort out' Local Housing Allowance rises

News

Landlord and tenant groups have welcomed proposals by MPs on the Work and Pensions Select Committee to introduce an annual ‘uprating guarantee’ to the Local Housing Allowance (LHA).

REFORMS: Many landlords have 'no idea what's about to hit them'

REFORMS: Many landlords have 'no idea what's about to hit them'

News

Only one in five (18%) landlords understand the Renters (Reform) Bill, while just 3% have read guidance surrounding the legislation, according to a new Propertymark poll.

Landlord warns: "sell now” as Government urged to further reduce PRS

Landlord warns: "sell now” as Government urged to further reduce PRS

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The Guardian suggests that Government may start to veer towards a “surprisingly simple solution to the UK housing crisis” which could see them squeeze landlords further, blaming them for the current housing crisis affecting home-buyers.

Report reveals £45 billion contribution landlords make to economy

Report reveals £45 billion contribution landlords make to economy

News

A new report published today claims that 390,000 jobs rely on the private rented sector as critics of the sector, including the Guardian newspaper, have called for it to be shrunk or abolished entirely.

UK's only city-wide licencing scheme 'gets tough' on landlords

UK's only city-wide licencing scheme 'gets tough' on landlords

News

Landlords in Oxford who fail to sign up to the city’s licensing scheme are being threatened with fines and enforcement action after a year of relative ‘grace’.

REPORT: Will lower inflation lead to lower BTL mortgage rates?

REPORT: Will lower inflation lead to lower BTL mortgage rates?

News

Falling UK inflation could herald some good news for BTL landlords over the coming months, according to mortgage experts.

A reminder for landlords that electrical safety checks are mandatory

A reminder for landlords that electrical safety checks are mandatory

Information

Until recently landlords only had to concern themselves gas safety checks - but now all residential landlords or their agents must arrange for regular electrical safety checks (every 5 years)

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Lenders warn of 'challenging' year ahead for landlords

Lenders warn of 'challenging' year ahead for landlords

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News
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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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News
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Opinion
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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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News
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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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News
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Opinion
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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

Information
News
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Opinion
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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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News
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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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News
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Opinion
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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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News
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Opinion
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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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News
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Opinion
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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.

Landlord fined £5,000 after failing to get HMO licence

Landlord fined £5,000 after failing to get HMO licence

News
News
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Opinion
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Information

A landlord in Colchester has been handed a £5,000 civil penalty notice for failing to license his unsafe HMO.

Threatened tax changes could mean landlords lose most of their capital gains

Threatened tax changes could mean landlords lose most of their capital gains

News
News
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Opinion
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Rumours of hikes in capital gains tax (CGT) have landlords running for the exit

Investment property is a steal - but there's a catch

Investment property is a steal - but there's a catch

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News
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Opinion
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Information

Landlords with a burning ambition to take on a major project might consider bidding on this home in the Welsh valleys, priced £0.

EXPERT: Clarity needed over PBSA exemption from reforms

EXPERT: Clarity needed over PBSA exemption from reforms

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News
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There is confusion around whether Purpose-Built Student Accommodation will be exempt from changes in the Renters’ Rights Bill.

Borough's HMO landlords trial new appeals portal

Borough's HMO landlords trial new appeals portal

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News
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Information

Landlords in Barnet who are refused permission for change of use to an HMO can challenge the decision through a new online portal.

BTL mortgage rates fall despite interest rate hold

BTL mortgage rates fall despite interest rate hold

News
News
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Opinion
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Information

The Bank of England has resisted the temptation to cut interest rates, which remain at 5%.

REPORT: Scots law fails to significantly improve PRS

REPORT: Scots law fails to significantly improve PRS

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News
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Legislation in Scotland has done little to improve affordability in the PRS, according to new research.

Utilita Energy Helps Landlords Winterproof Properties in Fight Against Mould and Damp

Utilita Energy Helps Landlords Winterproof Properties in Fight Against Mould and Damp

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News
Podcast
Opinion
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Information

Times are hard for tenants and landlords alike and this coming winter is causing a worry for many. Almost a quarter of households are already in energy arrears and 9 out of 10 households are worried about increasing energy bills. With heating being the largest proportion of the average energy bill,

Tenant lifestyle not always to blame for damp, says legal expert

Tenant lifestyle not always to blame for damp, says legal expert

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News
Podcast
Opinion
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Landlords should not be so quick to lay the blame on tenants for problems and instead use new tools to tackle issues.

Rental prices continue to climb at near-record rate

Rental prices continue to climb at near-record rate

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News
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Opinion
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Information

Average UK private rents increased by 8.4% in the 12 months to August, down from 8.6% in the 12 months to July.

Portfolio landlords buying more properties through companies

Portfolio landlords buying more properties through companies

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News
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Opinion
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Information

Landlords who use limited company structures are incorporating a much larger proportion of their portfolios to mitigate tax changes.

Generous renters dip deep to help homeless youngsters

Generous renters dip deep to help homeless youngsters

News
News
Podcast
Opinion
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Information

Kind-hearted mydeposits customers have donated more than £66,000 of interest earned on their deposits to the Centrepoint charity.

New rules on standards as Renters’ Rights Bill published

New rules on standards as Renters’ Rights Bill published

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News
Podcast
Opinion
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The Government’s Renters’ Rights Bill has been published and could be introduced as soon as spring next year. James Kent, the NRLA’s Chief Innovation Officer and founder of the digital compliance platform Safe2 explores what the Bill proposes when it comes to safety and standards in your rental home

Landlords urged to offer more tenant-friendly technology

Landlords urged to offer more tenant-friendly technology

News
News
Podcast
Opinion
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Information

Nearly three-quarters of UK tenants (73%) who aren’t using digital tools in their rental properties would like to give them a try.

Edinburgh landlords win legal challenge over suspensions

Edinburgh landlords win legal challenge over suspensions

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News
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Short-term let landlords in Edinburgh have won a third successful challenge against the council’s licensing scheme.

Think Digital: Proptech to come under the microscope at NRLA Conference

Think Digital: Proptech to come under the microscope at NRLA Conference

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News
Podcast
Opinion
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Information

With one eye on the horizon the NRLA is always looking for ways to streamline the lettings process, making it quicker and easier for landlords and tenants. Here James Kent, the NRLA’s Chief Innovation Officer, and founder of digital compliance platform Safe2, looks forward to the association’s 2024

Renters' Rights Bill due back in Commons next month

Renters' Rights Bill due back in Commons next month

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News
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The Renters’ Rights Bill returns to the Commons for its second reading next month, as the new government fast-tracks its shake up of the PRS.

Landlord fined for failing to improve cold and mouldy home

Landlord fined for failing to improve cold and mouldy home

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News
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Opinion
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A rogue landlord who persistently ignored requests to carry out improvement works on her property has been ordered to pay £2,400.

TECH: Platform delivers insights to ease property-buying process

TECH: Platform delivers insights to ease property-buying process

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News
Podcast
Opinion
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Landlords are being encouraged to trial a tech tool that gives them new insights to make property buying less risky.

North-South rental gap is smallest in a decade

North-South rental gap is smallest in a decade

News
News
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Information

The gap between rents in the North and South of England has closed to its smallest level since 2013.

Councils’ disastrous journey into commercial property investments

Councils’ disastrous journey into commercial property investments

News
News
Podcast
Opinion
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Information

English councils collectively went on a near £7bn commercial property buying spree, a reel into cinemas proved to be a disaster...

Landlord left family living in fear at unlicensed home

Landlord left family living in fear at unlicensed home

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News
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Opinion
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Information

A rogue landlord who left a family of eight living in damp and dangerous conditions has been told to pay more than £3,000 by magistrates.

Calls grow for short-let licensing to rebalance PRS

Calls grow for short-let licensing to rebalance PRS

News
News
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Opinion
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MPs are pushing the government to introduce a licensing scheme for short-term lets in England.

Stock crisis predicted to worsen as landlords brace for bad news

Stock crisis predicted to worsen as landlords brace for bad news

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News
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Information

More than one in 10 homes for sale on Zoopla in July were formerly rented, prompting fears that a challenging autumn budget could further increase sales.

Expected tax grab prompts fearful landlords to quit

Expected tax grab prompts fearful landlords to quit

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News
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Information

An ongoing shortage of rental properties is expected to keep pushing rents higher as more landlords look to scale back their portfolios.