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Rental market reaching crisis point as 'perfect storm' hits landlords and tenants

Rental market reaching crisis point as 'perfect storm' hits landlords and tenants

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Landlord Actions Paul Shamplina (main picture) has explained to Radio 4 listeners how an almost broken court system and higher interest rates are driving a rush in Section 21 evictions before rent reform laws kick in. Speaking on the https://www.bbc.co

Tenants pocket �16,000 after landlord and agent's regulatory mistakes

Tenants pocket �16,000 after landlord and agent's regulatory mistakes

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A landlord has failed to convince a court that stress and financial difficulties excused her from paying a rent repayment order. Instead, Jaya Sanahs four tenants will share �16,191 after ahttps://www.landlordzone.co.uk/tag/first-tier-property-tribunal-2...

Details on higher EPC ratings for PRS a long way off, admits energy minister

Details on higher EPC ratings for PRS a long way off, admits energy minister

News

Landlords are to wait many more months to find out the details of Government proposals to raise the minimum Energy Performance Certificate for rented properties. Energy minister Andrew Bowie (main picture) has admitted during a Lords debate that progress h

Lloyds Bank's plans to build 'thousands' of rental homes prove over optimistic

Lloyds Bank's plans to build 'thousands' of rental homes prove over optimistic

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Lloyds has grown its rental portfolio to 1,000 properties and has another 700 in the pipeline as it bids to become one of the UKs biggest landlords, albeit far off its original objectives. The bank has some way to go if the publicly-owned institution is to meet its target of

Landlord secures huge victory in �18,000 Rent Repayment Order case

Landlord secures huge victory in �18,000 Rent Repayment Order case

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An Upper Tribunal has slashed a landlords Rent Repayment Order by �16,000 after taking pity during an appeal hearing on her precarious financial position�. A First Tier Property Tribunal https://assets.publishing.service.gov.uk/media/6239f607e90e07799cd3de67/LO

Landlord pays �40,000 fine after large HMO 'put tenants at risk'

Landlord pays �40,000 fine after large HMO 'put tenants at risk'

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A landlord in Norfolk has payed fines totalling �40,000 after he was found to have housed tenants in a way that put tenants at risk. Issues were reported at the Watton property (pictured) to Breckland Council last year, which prompted an inspection by officers who found a block

BREAKING: Landlords face higher mortgage costs as base rate rises by 0.5%

BREAKING: Landlords face higher mortgage costs as base rate rises by 0.5%

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The Bank of England has this lunchtime raised its base rate by 0.5% as the venerable institution fights to bring down inflation, which yesterday was revealed to be sticking stubbornly at 8.7%, way above the bank's target of 2%. Commentators and mortgage holders alike had hoped t

Welsh minister backs review of existing higher stamp duty rates for landlords

Welsh minister backs review of existing higher stamp duty rates for landlords

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Welsh Minister for Climate Change Julie James has backed the NRLAs call for a review of property taxation in the PRS. Speaking at thehttps://www.landlordzone.co.uk/news/breaking-landlords-tell-housing-minister-face-to-face-that-sector-needs-support/" <strong i

Treasury chief says landlords and homeowners 'will not get mortgage help'

Treasury chief says landlords and homeowners 'will not get mortgage help'

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The Treasury has confirmed that it will not introduce tax relief on mortgage interest payments for either homeowners or landlords despite the ongoing mortgage cost crisis. As we https://www.landlordzone.co.uk/news/mortgages-landlord-tells-bbc-how-payments-have-tripled-o

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Tenants claim landlords 'failing to fix maintenance problems properly'

Tenants claim landlords 'failing to fix maintenance problems properly'

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A new poll reveals that 88% of tenants have had problems in rental properties and more than a quarter (26%) were unhappy with their landlord’s response.

'Battle of the HMO bins' ramps up in Liverpool's student areas

'Battle of the HMO bins' ramps up in Liverpool's student areas

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A battle between residents and HMO landlords is coming to a head in Liverpool where vacating students’ mess is being dumped on city streets.

TRENDS: Rental sector you've never heard of is growing the fastest

TRENDS: Rental sector you've never heard of is growing the fastest

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The co-living sector grew by 65% in 2023 - nearly 2,500 new beds - and looks set to treble to more than 20,000 beds by 2027.

OFFICIAL: BTL mortgage arrears and repossessions rise

OFFICIAL: BTL mortgage arrears and repossessions rise

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A growing number of landlords are ending up in mortgage arrears and having their rental properties repossessed.

Eviction courts still not ready for Section 21 ban, says top lawyer

Eviction courts still not ready for Section 21 ban, says top lawyer

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A top property lawyer is adamant the courts won’t be able to handle a two-fold increase in possession actions when Section 21 is abolished.

INTERVIEW: The HMO expert setting up ambitious service for UK landlords

INTERVIEW: The HMO expert setting up ambitious service for UK landlords

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An HMO sales firm has launched with the ambitious aim of becoming the sector’s go-to property platform.

DO YOU? 70% of landlords BACK 'rent controls of some kind'

DO YOU? 70% of landlords BACK 'rent controls of some kind'

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A majority of landlords back some form of rent control, a new poll by a leading letting agency has revealed, as the likelihood of Labour ‘interference in rent pricing’ increases.

'120,000 more homes needed if rents are to reduce'

'120,000 more homes needed if rents are to reduce'

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Rents are rising at record levels because the private rental sector needs an extra 120,000 homes, the UK’s largest property portal has claimed.

Commercial property space is recovering slowly amid changing requirements

Commercial property space is recovering slowly amid changing requirements

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A patchy and slow recovery across the commercial property sectors is boosted by the prospect of interest rate cuts

More landlords selling properties than buying, warns NRLA

More landlords selling properties than buying, warns NRLA

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New data reveals that 20% of landlords across England and Wales have sold property during the last 12 months, almost three times more than the 7% who had bought new homes to rent.

'Rent arrears set to rise when Labour PRS reforms go live'

'Rent arrears set to rise when Labour PRS reforms go live'

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One of the UK’s largest tenant referencing firms has warned that the restrictions to be placed on landlords by the looming Renters’ Rights Bill will push up rent arrears.

EPC changes, what’s coming and what do you need to do?

EPC changes, what’s coming and what do you need to do?

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The new Labour Government has been busy changing the rules on EPCs for rentals and there’s ongoing consultation exercises to decide what changes are needed

Repeat offender landlord fined £5,000 over illegal HMO

Repeat offender landlord fined £5,000 over illegal HMO

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A landlord has been fined almost £5,000 after being found guilty for a second time of operating an illegal HMO.

Big NE town brings in HMO planning restrictions

Big NE town brings in HMO planning restrictions

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Middlesborough Council has brought in new planning restrictions to clamp down on the “wrong sort of HMOs”.

Big city to expand licensing five-fold despite landlord concerns

Big city to expand licensing five-fold despite landlord concerns

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Gateshead is to push ahead with new property licensing schemes despite local landlords and letting agents opposing them including 93% saying the fees are ‘too high’.

Is development more attractive than landlording?

Is development more attractive than landlording?

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Rental property yields are shrinking as the costs created by more regulations and legislation eat into landlord profits – so is it time more BTL landlords became SME developers?

Tenant group says 'landlords can't be trusted' to regulate themselves

Tenant group says 'landlords can't be trusted' to regulate themselves

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Scotland’s tenants’ union has warned that removing rent rise reprotections will lead to an uptick in de facto evictions and homelessness.

Big Kent council latest to offer landlords 'guaranteed rent'

Big Kent council latest to offer landlords 'guaranteed rent'

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Maidstone Borough Council has become the latest authority hoping to entice private landlords to hand over their properties in exchange for guaranteed rent.

Landlord to pay £37,000 after running overcrowded illegal HMO

Landlord to pay £37,000 after running overcrowded illegal HMO

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A rogue landlord who squeezed six people into one room of his HMO has been told to pay £37,000 in fines and costs.

CLAIM: Labour's 'new towns' will be all about BTR not private landlords

CLAIM: Labour's 'new towns' will be all about BTR not private landlords

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The UK’s new towns will favour build-to-rent developers rather than private landlords, according to a think tank which labels them “profit-seeking institutional investors”.

Big London council to bring back selective licensing

Big London council to bring back selective licensing

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Croydon has announced plans to bring back its selective licensing scheme after a five-year break.

Lettings agency pays high price for ignoring HMO regulations

Lettings agency pays high price for ignoring HMO regulations

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A student housing firm has been told to pay £13,160 for breaching safety regulations at a Salford HMO.

Landlords in-line for a £20bn energy efficiency bill

Landlords in-line for a £20bn energy efficiency bill

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Landlords will collectively have to spend more than £20billion making improvements to their rental properties to meet proposed new energy efficiency standards

Developer in hot water after Rightmove offers Premier Inn rooms to rent

Developer in hot water after Rightmove offers Premier Inn rooms to rent

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Gravesham Council is looking into a possible planning breach after studio flats were advertised for rent at a disused Premier Inn.

OFFICIAL: Landlords now waiting 25 weeks to evict tenants

OFFICIAL: Landlords now waiting 25 weeks to evict tenants

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Landlords are waiting even longer to repossess their properties - up to 25 weeks in the last quarter of 2024.

Students call for TripAdvisor-style reviews for rented student homes

Students call for TripAdvisor-style reviews for rented student homes

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Fed-up students in Bristol have launched a campaign to introduce a TripAdvisor style review system for the city’s accommodation.

OFFICIAL: Tenants blame 'lazy landlords' for poor property repairs

OFFICIAL: Tenants blame 'lazy landlords' for poor property repairs

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Tenants cite lazy landlords as the main reason for repairs and maintenance not being done in their rental homes.

Campaign group reveals plan to bring in rent controls

Campaign group reveals plan to bring in rent controls

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Rents should emulate energy prices, with a cap used to help people pay a fairer price for bills, says Generation Rent.

'Smaller landlords being hit hardest by new regulations'

'Smaller landlords being hit hardest by new regulations'

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Landlords with small portfolios are being disproportionately impacted by an increasingly regulated PRS, according to Shadow Housing Minister Kevin Hollinrake.

The LandlordZONE Podcast talks to the UK's leading letting agent

The LandlordZONE Podcast talks to the UK's leading letting agent

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We thought it fitting that one of the first people our new The LandlordZONE series talked to should be the current public face of the industry.

Landlords to pay up to £15k a property to meet new Government energy targets

Landlords to pay up to £15k a property to meet new Government energy targets

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Stringent new energy efficiency rules could see landlords hit with bills totalling tens of thousands of pounds. James Kent explains more.

EPC upgrade policy is 'unworkable and unrealistic' NRLA tells Labour

EPC upgrade policy is 'unworkable and unrealistic' NRLA tells Labour

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The NRLA has urged the government to rethink its “unworkable and unrealistic” energy efficiency plans for the private rented sector.

Property investment firm cautioned over 'unclear' newspaper advert

Property investment firm cautioned over 'unclear' newspaper advert

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A holiday property investment company has had its knuckles rapped over a misleading advert in The Times that promised investors whopping returns.

Landlords to face longer, harsher licensing schemes, says CIEH

Landlords to face longer, harsher licensing schemes, says CIEH

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The Chartered Institute of Environmental Health (CIEH) has secured two amendments around tougher licensing rules in the next Renters’ Rights Bill debate.