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Rebel MPs demand ground rents abolished for existing leaseholds

Rebel MPs demand ground rents abolished for existing leaseholds

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A group of 30 Tory MPs have written to the Chancellor Jeremy Hunt warning that they may vote against the Government’s Leasehold and Freehold Reform Bill unless ground rents are abolished for both future and existing leaseholds.

Rent controls 'will undermine investment in PRS' says expert

Rent controls 'will undermine investment in PRS' says expert

News

Rent controls will undermine investment in Scotland’s PRS unless there is more long-term certainty, according to one leading lettings expert.

London landlord narrowly avoids refunding tenant £32,000

London landlord narrowly avoids refunding tenant £32,000

News

A landlord has avoided a £32,000 rent repayment order after a judge ruled his flat was at an address not covered by a licensing scheme, but only just.

Section 21 increasingly being used by landlords to evict as ban looms

Section 21 increasingly being used by landlords to evict as ban looms

News

The latest quarterly homelessness figures from the Government for the final months of last year reveal that Section 21 notices as a reason for homelessness reached record levels during 2023.

'Time for bold action with rent controls has come' says mayor hopeful

'Time for bold action with rent controls has come' says mayor hopeful

News

The Green Party’s mayoral candidate in London has said she will bring in rent controls saying the time for ‘bold action’ has come.

Landlords promised compensation as huge estate faces bulldozer

Landlords promised compensation as huge estate faces bulldozer

News

Landlords have been promised fair compensation by a developer planning to bulldoze scores of homes on one of England’s most deprived housing estates.

Letting agents call for short-lets crackdown in London

Letting agents call for short-lets crackdown in London

News

Propertymark has urged London’s Mayor to crack down on short-term lets through licensing in a bid to tackle over-supply in the capital.

Struggling HMO giant sells off more properties

Struggling HMO giant sells off more properties

News

Troubled property development company Home Holdings has put another raft of HMOs onto the market in a bid to shore up losses.

Osborne's 3% extra stamp duty is reason for BTL buying slump

Osborne's 3% extra stamp duty is reason for BTL buying slump

News

The decision by George Osborne in 2015 to introduce a 3% additional stamp duty levy on landlords has seen a slump in the number of BTL properties bought in the Tory heartlands of Southern England.

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Suburban landlords to see bonus as more renters commute into London

Suburban landlords to see bonus as more renters commute into London

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Better transport links to the capital have boosted the number of Londoner commuters happy to spend time on the tube or bus. Renters are living further away from the office than they did seven years ago because this doesnt necessarily equate to longer journey times due to impr

Major debt charity calls for more eviction protection for rent arrears tenants

Major debt charity calls for more eviction protection for rent arrears tenants

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A debt charity is calling on the government to introduce stronger protections for tenants who fall behind on their rent. StepChanges survey found that private renters struggled to afford their homes more than any other housing tenure, with one in six (1.2 million people) rely

'FEELING THE SQUEEZE': Third of tenants spending half their salary on rent

'FEELING THE SQUEEZE': Third of tenants spending half their salary on rent

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More than one in three tenants in the UK spend at least half their salary on rent, according to new data from flat-share site SpareRoom. Its poll of 11,000 private renters reveals that 81% spend more than 30% of their take-home pay on rent, leaving them rent burdened, mean

Annual rent inflation climbs again hitting nearly 5% across much of UK

Annual rent inflation climbs again hitting nearly 5% across much of UK

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Rent inflation continued to climb last month up by 0.1% to 4.7%, the Governments latest data for England shows. The Official for National Statistics (ONS) reports the annual increase, which compares the 12 months to the end of April 2023 to the previous months rent data.</

LISTEN IN: The Renters (Reform) Bill - what do the experts think?

LISTEN IN: The Renters (Reform) Bill - what do the experts think?

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In this bonus episode of The Property Cast, Sean Hooker, Head of Redress at the Property Redress Scheme, and leading property expert Kate Faulkner OBE, share their initial reactions to the Renters (Reform) Bill. In perhaps the biggest shake-up of the private rented sector in ove

POLL: Portfolio landlords moving to commercial as PRS becomes more difficult

POLL: Portfolio landlords moving to commercial as PRS becomes more difficult

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Large portfolio&nbsp;landlords are feeling upbeat despite the tough economic climate, with many eyeing the commercial sector for their next property purchase. The https://www.handelsbanken.co.uk/en/about-us" target="_blank" Handelsbanken </a

Leasehold WILL be abolished if we get into power, promises Labour

Leasehold WILL be abolished if we get into power, promises Labour

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Labour has vowed to abolish the leasehold system as soon as it comes to power following Michael Goves U-turn earlier this month. The Housing Secretary dropped https://www.landlordzone.co.uk/news/new-gove-sets-sights-on-scrapping-leasehold-ownership/" target="_blank"

LATEST: Decent Homes Standard 'missing' from Renters (Reform) Bill

LATEST: Decent Homes Standard 'missing' from Renters (Reform) Bill

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Environmental health bodies are to press the government on why it omitted plans for a Decent Homes Standard in the Renters (Reform) Bill. Despite including most of the promised draft legislation, the expected standards were missing and only mentioned in an accompanying press rel

'Fixed term tenancies MUST be preserved within reform bill for students lets'

'Fixed term tenancies MUST be preserved within reform bill for students lets'

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A proposed ban on fixed-term tenancies could penalise students amid an already heightened rental crisis in many cities. According to student rentals platform StuRents�

Landlords struggling with “needlessly complex” HMO licence renewal applications are selling up

Landlords struggling with “needlessly complex” HMO licence renewal applications are selling up

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Landlords struggling with “needlessly complex” HMO licence renewal applications are fed up and selling up, according to Portsmouth & District Landlords Association (PDPLA).

Search for Landlord of the Year begins

Search for Landlord of the Year begins

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The search is on for Landlord of the Year as part of this year’s LIS (Landlord Investment Show) Awards.

Landlords must use new digital tax software, the Chancellor confirms

Landlords must use new digital tax software, the Chancellor confirms

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Landlords will have to use the new Making Tax Digital for Income Tax Self-Assessment system, the Chancellor has confirmed.

Spring Statement proves a missed opportunity for landlords and stamp duty

Spring Statement proves a missed opportunity for landlords and stamp duty

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The Spring Statement proved a missed opportunity for landlords and stamp duty, it has been suggested.

Tenants warned to know their rights after Chancellor announces more new homes

Tenants warned to know their rights after Chancellor announces more new homes

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Tenants have been warned to know their rights following Chancellor Rachel Reeves’ announcement of a £2billion investment in 18,000 new social and affordable homes.

Landlords in Scotland are warned to weigh up raising rents with risking void periods

Landlords in Scotland are warned to weigh up raising rents with risking void periods

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Landlords in Scotland have been warned to weigh up raising rents with risking void periods.

Concerns raised about whether new planning reforms go far enough to address housing shortage

Concerns raised about whether new planning reforms go far enough to address housing shortage

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Concerns about whether new planning reforms go far enough to address the country’s housing shortage have been raised by estate agents.

Guarantors - Labour pressured to remove a fundamental right for landlords

Guarantors - Labour pressured to remove a fundamental right for landlords

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Homelessness charities are requesting amendments to the Renters’ Rights Bill that would severely limit landlords’ right to use guarantor agreements

Inflation dips to 2.8%, boosting hopes of interest rate cuts

Inflation dips to 2.8%, boosting hopes of interest rate cuts

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News
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Inflation has dipped, boosting mortgage borrowers’ hopes of more interest rate cuts.

Average asking rents have risen to £557 a week, new Foxton figures have revealed.

Average asking rents have risen to £557 a week, new Foxton figures have revealed.

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Average asking rents have risen to £557 a week, new Foxton figures have revealed.

Flat sales stall amid lack of meaningful progress on unsafe cladding repairs, estate agents warn

Flat sales stall amid lack of meaningful progress on unsafe cladding repairs, estate agents warn

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Many flat sales are stalling due to a lack of meaningful progress on unsafe cladding repairs, estate agents have warned.

Landlords invited to a “five-star training day” to help boost their property business

Landlords invited to a “five-star training day” to help boost their property business

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Landlords are being invited to a “five-star training day” to help them navigate the biggest changes in the rental market for 30 years.

Single-Family Housing market attracts attention amid surge in demand

Single-Family Housing market attracts attention amid surge in demand

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Investors are targeting the Single-Family Housing (SFH) market as the booming sector aims to help fill the PRS shortfall.

Landlord fails in bid to increase tenant’s rent, tribunal rules

Landlord fails in bid to increase tenant’s rent, tribunal rules

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A landlord company has failed in its bid to increase a tenant’s rent by 25% after a First Tier Property Tribunal heard that poor standards would lower the market rent.

NRLA on the road: New events programme to bring the association to you

NRLA on the road: New events programme to bring the association to you

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The NRLA is hosting free "On Tour" events across England and Wales, offering expert advice on upcoming legislation. The first live Listen Up Landlords podcast will also be recorded to mark the NRLA's fifth anniversary. Details for the annual conference will be announced soon.

Landlords turn to HMOs as higher mortgage costs steer them towards larger properties for better returns

Landlords turn to HMOs as higher mortgage costs steer them towards larger properties for better returns

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More landlords are investing in HMOs as higher mortgage costs prompt them to turn to larger properties with better returns.

Landlords' legal action halts licensing scheme

Landlords' legal action halts licensing scheme

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A group of disgruntled landlords in Scunthorpe has succeeded in halting its new selective licensing scheme.

New “crackdown on bad landlords” launched by London council

New “crackdown on bad landlords” launched by London council

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A new “crackdown on bad landlords” has been introduced by a London council.

Tenants are paying £2,195 more on their annual housing costs, says Savills

Tenants are paying £2,195 more on their annual housing costs, says Savills

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Private tenants are paying £2,195 more on their annual housing costs than in 2022, according to Savills’ latest research.

The Renters' Rights Bill moves a step closer to Royal Ascent

The Renters' Rights Bill moves a step closer to Royal Ascent

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The controversial Renters' Rights Bill has moved a step closer to Royal Ascent

Tenancies will “change overnight’ once Renters’ Rights Bill comes in

Tenancies will “change overnight’ once Renters’ Rights Bill comes in

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Tenancies will “change overnight’ once the Renters’ Rights Bill comes into force, Sean Hooker, of the Property Redress Scheme, has warned.

Portfolio landlord takes on £3.67M loan to consolidate 22 properties in London and Birmingham

Portfolio landlord takes on £3.67M loan to consolidate 22 properties in London and Birmingham

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A portfolio landlord has taken on a huge loan to consolidate 22 properties across London and Birmingham.

Don’t fall foul of the discrimination laws 

Don’t fall foul of the discrimination laws 

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There are more discrimination laws on the way under the Renters’ Rights Bill

Landlord Action celebrates 25 years of helping private landlords recover their properties

Landlord Action celebrates 25 years of helping private landlords recover their properties

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Landlord Action is celebrating 25 years of successfully helping private landlords recover their properties.

Tax expert explains how to avoid being landed with a big BTL tax bill

Tax expert explains how to avoid being landed with a big BTL tax bill

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A tax expert has urged BTL investors to use or lose their annual capital gains tax (CGT) exemption to avoid being landed with a big tax bill.