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Reform bill will push more landlords into the short-lets market, say experts

Reform bill will push more landlords into the short-lets market, say experts

News

Leading figures on both sides of the private rented sector have agreed that the Renters Reform Bill, along with the Governments other changes including tax relief, are driving landlords into the short lets market. The comments were made during a debate chaired by former North

OFFICIAL: Latest evictions surge 'due to reforms pushing out landlords'

OFFICIAL: Latest evictions surge 'due to reforms pushing out landlords'

News

The Minsitry of Justice has blamed a 23% jump in the number of private landlord possession during the first three months of the year on the Welsh PRS reforms, although volumes are still below pre-Covid levels. Quarterly figures from the Ministry of Justice show that claims 

The Renters (Reform) Bill – what do the experts think? - The Property Cast, special

The Renters (Reform) Bill – what do the experts think? - The Property Cast, special

Podcast

In this bonus episode of The Property Cast, Sean Hooker, Head of Redress at the Property Redress Scheme and Kate Faulkner OBE, one of the UK's leading property experts, explore their thoughts on the much anticipated Renters (Reform) Bill. Is it the game changer it is being bill

The UK's �1bn self-storage business boosted by the shortage of rentals

The UK's �1bn self-storage business boosted by the shortage of rentals

Information

Running a storage rentals business, supplying and letting space for inanimate objects, as opposed to people, is potentially far more lucrative and a lot less troublesome than operating as a residential landlord. The UK self-storage industry has grown steadily over the last twent

More landlords lose properties as interest rates and rising prices hit home

More landlords lose properties as interest rates and rising prices hit home

News

At least 410 buy-to-let mortgaged properties were repossessed in the first quarter of 2023, 28% higher than in the previous quarter - the highest level since the start of the pandemic. https://www.ukfinance.org.uk/" UK Finance reports that 970 buy-to-let mortg

Illegal HMO conversion lands landlord with hefty fine

Illegal HMO conversion lands landlord with hefty fine

News

A https://www.landlordzone.co.uk/news/court-fines-unlucky-but-rogue-landlord-12000-over-unlicensed-hmo/" rogue landlord who illegally subdivided his property into seven separate flats has been ordered to pay back more than �110,000 through the Proceeds of Crime Act.<br><

Green mortgage aims to make an impact on BTL investors

Green mortgage aims to make an impact on BTL investors

News

Buy-to-let landlords could add the cost of making properties more https://www.landlordzone.co.uk/news/landlords-rush-to-offload-their-energy-poor-properties/" energy efficient onto their mortgage in an initiative to make more UK homes greener. https:/

BLOG: How the Renters (Reform) Bill heralds big changes for landlords

BLOG: How the Renters (Reform) Bill heralds big changes for landlords

News

In the second in a series of blogs for&nbsp;LandlordZONE&nbsp; on rental reform,&nbsp;Sean Hooker , Head of Redress at the&nbsp;https://www.theprs.co.uk/" <e

Reform Bill: Landlords brace for 'challenging' notice periods

Reform Bill: Landlords brace for 'challenging' notice periods

News

Tenants could effectively move in and give notice the same day under proposals in the https://www.landlordzone.co.uk/news/renters-reform-bill-we-take-a-first-look-at-the-radical-new-legislation/" Renters (Reform) Bill . The draft legislation scraps assured shor

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Landlord TV favourite Martin Roberts hints at Strictly appearance

Landlord TV favourite Martin Roberts hints at Strictly appearance

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News
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TV property expert Martin Roberts has hinted that he’s been lined up for the next series of Strictly Come Dancing.

City hits smaller HMO landlords with £1,000 licencing bill

City hits smaller HMO landlords with £1,000 licencing bill

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News
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Landlords in Brighton & Hove with small HMOs will have to pay £1,051 from today for an additional licence.

REVEALED: Properties with sitting tenants cost 15% less to buy

REVEALED: Properties with sitting tenants cost 15% less to buy

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News
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Properties with a sitting tenant cost an average of 15% less than those without, and are a whopping 24% cheaper in Scotland, according to new figures.

NRLA rounds on political parties for ignoring LHA rates 'gap'

NRLA rounds on political parties for ignoring LHA rates 'gap'

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News
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Landlord representative body the NRLA has rounded on all the political parties ahead of this week’s General Election for ignoring one of the ‘most important’ issues facing the private rented sector.

Paragon Bank paints optimistic picture for private rented sector

Paragon Bank paints optimistic picture for private rented sector

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News
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The bank puts a positive spin on buy-to-let, despite others regularly asking, “should I give up on buy-to-let?” And Savills reveals a secret market segment that heralds growth.

Heat pumps costing landlords £5,800 each AFTER grant

Heat pumps costing landlords £5,800 each AFTER grant

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News
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Landlords and homeowners are paying an average of £5,787 to buy and fit a heat pump after deducting the £7,500 government grant.

Lawyer says some landlords 'in cahoots' with cannabis growing tenants

Lawyer says some landlords 'in cahoots' with cannabis growing tenants

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News
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More landlords are working together with tenants to commit fraud while running illegal cannabis farms, according to one property lawyer.

Furious investor slams 'anti landlord' Keir Starmer

Furious investor slams 'anti landlord' Keir Starmer

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News
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A furious landlord has criticised Keir Starmer for claiming landlords are ripping off tenants and making a fortune from huge deposits.

Does it still make sense to be a landlord? Or should we be looking to exit?

Does it still make sense to be a landlord? Or should we be looking to exit?

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It’s time to cut to the chase. We’ve all been thinking it: is property becoming more hassle than it’s worth? If you’re questioning your property portfolios, you’re not alone.

Renting reforms to have 'unintended consequences' warns agent leader

Renting reforms to have 'unintended consequences' warns agent leader

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News
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Propertymark has warned that the Renters’ Rights Bill poses critical unintended consequences unless the government ensures a fair and balanced approach between landlord and tenant rights.

One of UK's largest portfolio landlords fined £97,000

One of UK's largest portfolio landlords fined £97,000

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News
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A landlord with a string of more than 5,000 rental properties across the UK has been fined a whopping £97,000 over the ‘serious and deliberate’ failure to manage a block of flats in Sheffield.

Investment in the private rented sector unlocked

Investment in the private rented sector unlocked

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NRLA trainer Henry Davis explains how his Key to Property Investment course can help you stay ahead of the game.

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

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

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News
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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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News
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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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News
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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
News
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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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News
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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.

MPs to debate renting reforms today as Rayner promises law 'ASAP'

MPs to debate renting reforms today as Rayner promises law 'ASAP'

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News
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The Renters’ Rights Bill will become law ‘as soon as possible’ housing secretary Angela Rayner has promised as parliament debates her legislation for the first time.

HMO landlords' fine appeal leads to £100,000 increase

HMO landlords' fine appeal leads to £100,000 increase

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News
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A judge has massively increased the fines given to two HMO landlords who have failed in a legal challenge against their sentence.

WARNING: Abolishing ASTs will push landlords into short lets sector

WARNING: Abolishing ASTs will push landlords into short lets sector

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News
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Removing fixed-term tenancies will drive up rents as landlords switch to short-term lets, warns Propertymark.

Landlord fined £22,600 after ignoring tenant safety warnings

Landlord fined £22,600 after ignoring tenant safety warnings

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News
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A landlord with multiple properties in Bootle has been ordered to pay £22,630 for ignoring safety risks that left his tenants facing imminent danger.

Many tenants are becoming 'unrentable' says leading figure

Many tenants are becoming 'unrentable' says leading figure

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News
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A significant number of people seeking properties to rent are finding themselves excluded and forced to live in temporary accommodation, it has been claimed, as landlords be become more risk averse.

Environmental health officers call for stronger landlord licencing

Environmental health officers call for stronger landlord licencing

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News
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The Chartered Institute of Environmental Health (CIEH) has backed calls for better funding of councils’ housing enforcement and stronger selective licensing.

Landlords slam Labour's plan to tighten arrears eviction rules

Landlords slam Labour's plan to tighten arrears eviction rules

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News
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Landlords have criticised the Government’s plan to raise the minimum period of rent arrears from two to three months before they can be served notice to repossess.

'Lease us your rented homes', Welsh Government urges landlords

'Lease us your rented homes', Welsh Government urges landlords

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News
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The Welsh Government wants landlords to lease their empty properties to local councils in a bid to boost the number of affordable homes within its private rented sector.

New housing committee chair promises to 'hold Government to account'

New housing committee chair promises to 'hold Government to account'

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Labour MP Florence Eshalomi has promised to hold the government to account in her new role as chair of the Housing, Communities and Local Government Committee.

Big Midlands town reveals selective licencing plans

Big Midlands town reveals selective licencing plans

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News
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Mansfield is the latest major district council to reveal plans for a large selective licencing scheme.

Don't increase CGT for landlords, auctioneers urge Chancellor

Don't increase CGT for landlords, auctioneers urge Chancellor

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News
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Auctioneers have urged the government not to increase Capital Gains Tax at a time when confidence is returning to the housing market.

'System is skewed in favour of tenants, not landlords'

'System is skewed in favour of tenants, not landlords'

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News
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A landlord struggling with an eviction has spoken out against the system which he says is heavily skewed in favour of tenants.

Number of landlords selling up gathers pace, says sobering report

Number of landlords selling up gathers pace, says sobering report

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News
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Almost half of landlords have sold a property in the last year or plan to do so, according to the latest sobering industry survey.